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MONEY MATTERS

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The greatest path to monetary freedom and wealth is by saving and investing one’s funds. With the rising inflation fee within the nation, cash saved within the financial institution is ineffective and would depreciate with time.

In elevating consciousness of the significance of investor schooling and safety, the International Organisation of Securities Commissions (IOSCO) has provide you with ‘World Investor Week’, which is a world marketing campaign.

World Investor Week is a world marketing campaign promoted by the International Organisation of Securities Commissions (IOSCO) to lift consciousness concerning the significance of investor schooling and safety.

This week, ranging from October 24 to 26, 2022, is the sixth eWWdition of the 2022 world investor week(WIW).

Planning for all times’s surprising challenges, being conscious of financial circumstances, and creating an funding portfolio for the long run can present one with a powerful basis to take management of their monetary future and be a resilient investor.

The Securities and Exchange Commission(SEC), in collaboration with the Financial Literacy Technical Committee (FLTC), joined the remainder of the world to rejoice the sixth version of the 2022 World Investor Week (WIW), being coordinated by the International Organisation of Securities Commissions (IOSCO). The key message of the IOSCO WIW marketing campaign for this 12 months is predicated on two themes; ‘Investor Resilience; and Sustainable Finance’.

The IOSCO WIW is an annual week-long international marketing campaign which goals at selling investor schooling and safety, in addition to strengthening collaborations amongst member jurisdictions. The Commission, being a member representing Nigeria within the organisation, lined up collection of actions to commemorate the 12 months’s occasion.

Some of the actions slated for the occasion embody interplay with the general public on subjects relating to investor schooling, rights and safety which can be thought of essential to retail traders nationwide. In specific, webinars titled ‘The Non-Interest Capital Market as Panacea to Mortgage Financing in Nigeria’ and ‘Investor Resilience and Sustainable Finance’ held on 26 and 27 October, 2022 respectively.

The director normal of the SEC, Mr. Lamido Yuguda, said that, the SEC and different gamers within the capital market have, over time, regularly sought to boost the extent and high quality of monetary literacy in Nigeria.

He stated: “main among the many latest initiatives is the on- going plan to introduce capital market research in Primary, Secondary and Tertiary Institutions, a undertaking which has reached an advance stage. It is doubtless that the supply of this undertaking will change the face of monetary literacy in Nigeria.

“Indeed, for this sixth edition of the WIW, stakeholders nationwide are urged to collaborate with the Commission, and in their own different ways create the awareness on the need to educate and protect the investor.”

The chair of the IOSCO Board and the chief govt officer of the Hong Kong Securities and Futures Commission, Mr. Ashley Alder stated: “over the past two years, we’ve seen a rising variety of retail traders collaborating in securities markets, within the context of the worldwide pandemic.

“Those investors are facing new challenges, such as inflationary pressures and the uncertainties deriving from geopolitical tensions. Financial education and investor protection play a critical role in enhancing investor resilience and investor confidence to participate in financial market on a properly informed basis.”

 

Types of Investment

There are various kinds of investments. Investing, broadly, is placing cash to work for a time frame in some form of undertaking or endeavor in an effort to generate optimistic returns (earnings that exceed the quantity of the preliminary funding).

Today, funding is generally related to monetary devices that permit people or companies to lift and deploy capital to corporations. These corporations then rake that capital and use it for development or profit-generating actions.

Here are the most typical varieties of investments:

Stocks: A purchaser of an organization’s inventory turns into a fractional proprietor of that firm. Owners of an organization’s inventory are referred to as its shareholders and may take part in its development and success by appreciation within the inventory worth and common dividends paid out of the corporate’s earnings.

 

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