Freedom is a core desire of every human being.



It is an important state of existence to each of us because it basically means being able to pursue happiness in life without any restrictions.



In today’s world, financial freedom means being in control of our finances to the extent that we have control of our life choices.



Financial freedom really means reaching a level where we do not have to work for money because we have successfully invested money over time that now works for us.



What that looks like in real life is us spending our time and energy doing things that we really love to (travelling, pursuing that passion project, spending more time with loved ones and working) because we want to and not because we have to.



The point of financial freedom is being able to make our own life choices and this is a stage everyone can reach with precise financial planning.



In this edition of the Investment Club Meeting, we will be speaking with The Seven Dollar Millionaire about practical money habits we need to develop to reach our financial freedom state.



The Seven Dollar Millionaire is the author of the book “Happy Ever After Financial Freedom Isn’t a Fairytale”.  He has worked in finance for more than 20 years, selling billion-dollar deals and managing the assets of some of the world’s smartest investors.



Please join us as we learn and spur each other as a community to move a step closer to our financial freedom, register <a href="https://bit.ly/AugustICMeeting">here </a>and invite someone as well.



For July’s edition, we spoke with Modupe “Moe” Odele about boosting our income through digital products ICYMI watch <a href="https://www.youtube.com/watch?v=6-pYE9UVSZE)">here</a>



You also want to join the Rise Investment Club on Telegram where we learn and grow financially as a community <a href="https://t.me/joinchat/vyQEtBisaz8xODcx">here</a>

Investment Club Series – August Edition: Simple Habits That Will Lead You to Financial Freedom (With The Seven Dollar Millionaire

Hello Risers, 



One of your portfolio holdings is a company called Bill.com, which is a cloud-based provider of Billings, accounts payable and automated invoicing services to small and growing businesses. Our thesis on this investment is that cloud solutions for small businesses are a growing market and that more and more businesses will choose to save time and simplify their processes by using Bill.com. 



Well, their most recent results are in and our thesis is validated. In their latest earnings report, the company reported a 52% jump in revenue, and a 70% increase in transaction and subscription fees, which has spurred investment sentiment around their stock. The company&#8217;s stock has since then soared more than 30% bringing our total gain on the investment position to above 80%. We believe there is still room to go as the company is still growing its subscriber base and will almost certainly post higher revenues in the near future. 



However, we remain watchful considering that Bill.com&#8217;s cost of revenue increased alongside their revenue growth, which is an area of some concern. As the company executes, we will be looking out for improved margins and lower user acquisition costs to demonstrate some competitive advantage. In the meantime, however, your investment is being proven out and we expect to see continued growth in this stock over the short to medium terms 



Thank you for investing with <a href="https://rise.capital/">Rise</a> and continue to rest knowing that your investments are being managed at the highest level of expertise. 



Love and returns 



The Rise Team

Bill.com Delivers Positive Results

<h2>When people ask you what you do, what do you tell them?&nbsp;</h2>



I am an entrepreneur and a brand manager.&nbsp;



<h2>What does financial wealth mean to you?</h2>



Financial wealth to me means being able to spend money without thinking about it, for instance, if&nbsp; I feel like going on a vacation I can easily book a ticket without stress. So I’d be financially free when my investments can conveniently fund my lifestyle without having to work.&nbsp;



<h2>When did you start investing?</h2>



As far back as 2014. I started with mutual funds with StanbicIBTC and ARM. Interestingly, I pulled out my investments last year when I noticed my yields kept decreasing every quarter, so I decided to take risks with Rise, a move I have not regretted since I made it.



<h2>How did you hear about Rise?</h2>



I heard about Rise from my husband early last year. I downloaded the app but I didn’t start investing until September 2020 to be precise.



<h2>So why Rise?&nbsp;</h2>



Their mission was clear, it stated ‘Dollar-denominated investments’. When I began my journey with Rise, I was in a bad place financially, broke, no savings, no investments. Then it occurred to me that the only way out was to at least have some dollars invested somewhere plus all I needed to start my journey to financial freedom was less than 5,000NGN as of then.&nbsp;



<h2>What pushed you to make that decision?</h2>



Firstly, I had to be honest with myself, especially with my definition of what financial wealth means to me and where I was. I realised I was not anywhere close. Secondly, I had to discipline myself to take budgeting, saving and investing seriously. I am still on that journey as I am yet to attain financial freedom, but what was important to me then, was to start and strive towards being consistent.



<h2>What is your experience with Risevest so far?</h2>



It has been a year plus with Rise and I must say a very beautiful one. It is my first time having investments in foreign currency so it is sweeting me.&nbsp;



<h2>Tell me about your experience with the Rise Investment Group.&nbsp;</h2>



I love the telegram group, I practically visit it every day. I love the fact that the CEO of Rise is also there and he is responsive. What I enjoy the most is the financial literacy I am exposed to on a daily basis.&nbsp;



<h2>How do you approach investment today?&nbsp;</h2>



With caution I would say, I wouldn’t classify myself as an aggressive investor. My portfolio on Rise is just real estate and fixed income and that’s because I don’t like losing money. However, I am looking forward to buying stocks.



<h2>What is the investing hill you&#8217;re willing to die on?</h2>



If it looks too good to be true then I am not doing it. Also, if you don’t understand it then don’t invest in it. Personally, I am not all about putting my hands into too many investment platforms and I am definitely not interested in high yield investments.



<h2>Since you started investing, what has been your biggest gain?</h2>



In my first investment with Rise, the exchange rate was at 445 to a dollar, today it is at 540. For me, that’s huge, especially since I am not after high yields in a short period.



<h2>Have you made any losses since you started investing?</h2>



Definitely not with Rise but on my investment journey, yes I have. I used to trade forex before and practically got my fingers burnt. I also feel I lost money in the mutual funds as naira kept depreciating.&nbsp;



<h2>What did you learn from that experience? </h2>



Firstly, one major lesson, don’t invest in what you don’t understand. Secondly, the higher the returns, the higher the risk. Thirdly, diversify your investment, low, medium and high risk. Lastly, don’t put all your eggs in one basket.



<h2>How do you feel about your investment position today?</h2>



Honestly, I am nowhere close to the goal. However, I am happy that Rise exists even though I wish I started earlier with them.



<h2>What is your dream investment?</h2>



I would love to be a shareholder in companies like Apple, Canva, Netflix. I mean it is definitely not a bad idea.



<h2>What are you doing to make that dream a reality?</h2>



Like I said earlier on, I am looking forward to investing in the stocks portfolio on Rise.



<h2>What will you tell a beginner about investment?&nbsp;</h2>



Do your research. Don’t be in a hurry to make money fast. Give yourself time and allow your investments to grow at a steady pace.&nbsp;



<h2>On a scale of 1 to 5, how likely are you going to recommend Risevest to new users?</h2>



Are you tripping? Are you really asking? Well, it is definitely a 5 for me, please convert all your space naira to dollars, create an account this very moment and use my referral code PL61NS7G apart from investing, join the telegram group and be financially literate.



<h2>Thank you very much for speaking with us and keep spreading the word&#8230;</h2>



My pleasure!&nbsp;

Don’t Be In A Hurry, Allow Your Investments To Grow At A Steady Pace. – My Name Is Pamilerin And This Is How I Make My #MoneyRise

Two weeks ago, we wrote about 7 reasons why you should <a href="https://rise.capital/blog/7-reasons-why-you-should-invest-with-risevest">invest</a> with Risevest. If you missed it, read it here. One of the reasons cited in the article is Risevest’s telegram group which is a 12k strong community members, who share ideas on investing.&nbsp;



The telegram group was built because Rise understands that the journey to building wealth does not have to be lonely, and when you have questions on wealth building and accumulation, you don’t have to look far. The Rise investment club and its community are there to educate you on your investment questions.&nbsp;



<h2>Why you should join the Telegram group&nbsp;</h2>



On the Telegram group we have daily activities that engage and educate members, they include:



<h2>Money Monday’s</h2>



It is very important for us to understand why we must manage and plan for our money every step of our life, the reason for planning for money is not far fetched, without personal finance, we might live a life of bondage or what’s known as living from paycheck to paycheck. We know this, and we know that personal finance is important when you are seeking financial freedom. What we do on Money Mondays, is talk about actionable personal finance and business insights that would help you manage your finance.&nbsp;&nbsp;



<h2>What’s up Wednesdays</h2>



Every Wednesday, we discuss finance news and explain what it means to you. It is also an opportunity for you to follow your money, as we discuss what is happening with Rise. cool right?



<h2>Teal Gang investment Fridays</h2>



Investing is simply good money management and it is the only way to achieve both growing wealth and passive income, the rise team knows this &#8211; we also know that investment terms might be complex. So on Fridays, we break down the terms in relatable tones so you can understand how an investment works.



Sunday School- Every Sunday we meet as a group to dissect and talk about finance and investing books. We have talked about books such as Atomic habits, Happy ever after, and the Psychology of money. After reading the books, we get to talk about what we learned and how the lessons could change our personal finance.&nbsp;&nbsp;



<h2>What’s the word from members of the Telegram group</h2>



<figure class="wp-block-image size-large is-style-rounded"><img loading="lazy" width="512" height="512" src="https://money.rise.capital/wp-content/uploads/2021/09/CHIOAMA.jpg" alt="" class="wp-image-1153" srcset="https://money.rise.capital/wp-content/uploads/2021/09/CHIOAMA.jpg 512w, https://money.rise.capital/wp-content/uploads/2021/09/CHIOAMA-300x300.jpg 300w, https://money.rise.capital/wp-content/uploads/2021/09/CHIOAMA-150x150.jpg 150w" sizes="(max-width: 512px) 100vw, 512px" /></figure>



Chioma



“The telegram community has helped me in my wealth-growth journey. I have been able to increase my knowledge and net worth as a result of the quality information I receive from the group. Between The TGIF sessions, the Sunday school class book review and the conversations between members of the telegram group, you can&#8217;t remain the same. 



<figure class="wp-block-image size-large is-style-rounded"><img loading="lazy" width="512" height="512" src="https://money.rise.capital/wp-content/uploads/2021/09/Tobe.jpg" alt="" class="wp-image-1146" srcset="https://money.rise.capital/wp-content/uploads/2021/09/Tobe.jpg 512w, https://money.rise.capital/wp-content/uploads/2021/09/Tobe-300x300.jpg 300w, https://money.rise.capital/wp-content/uploads/2021/09/Tobe-150x150.jpg 150w" sizes="(max-width: 512px) 100vw, 512px" /></figure>



Tobe



“For me, the Rise Telegram Community serves as a great platform to soak up lots of invaluable information about finance, investments, savings, stock market, real estate and everything in between. While the primary aim of the group, as I understand, is to educate Rise investors and share insights about Rise, I observed that the community has experienced an organic growth that has morphed into a platform where anyone can share their concerns and people among the community are always at hand to offer help even before the admins attend to it. I think there are members of the community that never sleep!



The interactions in the community and the flow of information from admins add to the trust and confidence investors have about the dealings of the Rise team.



The most interesting part of the community, for me, is the weekly Sunday School finance book review, to be honest, this is the icing. I have gleaned a lot from the contributions made during the book review sessions, I particularly enjoy the personal perspectives shared by members about the book section discussed each Sunday.



I also find the Teal Gang Investment Friday (TGIF) chat quite interesting, not because I have won cool cash for answering a question (well that one follow sha!), but it is a nice avenue to gist about interesting stuff and news that happened in the market within the week.&nbsp;



<figure class="wp-block-image size-large is-style-rounded"><img loading="lazy" width="418" height="627" src="https://money.rise.capital/wp-content/uploads/2021/09/saint-maximin.jpg" alt="" class="wp-image-1141" srcset="https://money.rise.capital/wp-content/uploads/2021/09/saint-maximin.jpg 418w, https://money.rise.capital/wp-content/uploads/2021/09/saint-maximin-200x300.jpg 200w" sizes="(max-width: 418px) 100vw, 418px" /></figure>



Maximus&nbsp;



”For me the best thing about the telegram group is the IM-style access to the Rise team for questions and thoughts that may not warrant contacting customer support. I also enjoy being able to discuss Rise-specific issues with other users in a controlled environment.”



<figure class="wp-block-image size-large is-style-rounded"><img loading="lazy" width="575" height="455" src="https://money.rise.capital/wp-content/uploads/2021/09/rAYYEEYE.jpg" alt="" class="wp-image-1152" srcset="https://money.rise.capital/wp-content/uploads/2021/09/rAYYEEYE.jpg 575w, https://money.rise.capital/wp-content/uploads/2021/09/rAYYEEYE-300x237.jpg 300w" sizes="(max-width: 575px) 100vw, 575px" /></figure>



Raye



“I joined the Risevest community with no expectations and stayed for the wealth of knowledge about money, investing and finance in general. It&#8217;s an amazing place to belong to as someone who&#8217;s working towards achieving her dreams and who needs to do better with her finances in general.&nbsp;



One of many things that I really love is how trending issues in the global economy are broken down in ways that are so easy to understand. It&#8217;s just so enlightening and I always come out of these sessions wiser than I was when I joined in.&nbsp;



Finally, as an investor with Rise, seeing their viewpoint on money and investment reassures me that they are here for the long term and I am excited to join them on this journey.”



<figure class="wp-block-image size-large is-style-rounded"><img loading="lazy" width="417" height="627" src="https://money.rise.capital/wp-content/uploads/2021/09/kala.jpg" alt="" class="wp-image-1144" srcset="https://money.rise.capital/wp-content/uploads/2021/09/kala.jpg 417w, https://money.rise.capital/wp-content/uploads/2021/09/kala-200x300.jpg 200w" sizes="(max-width: 417px) 100vw, 417px" /></figure>



Kaleef



 A&nbsp; highlight for me as a Risevest user is the telegram group. Over here nobody is left behind when it comes to financial literacy, understanding the app and services provided by the risevest team”



<figure class="wp-block-image size-large is-style-rounded"><img loading="lazy" width="471" height="555" src="https://money.rise.capital/wp-content/uploads/2021/09/RISEEE.jpg" alt="" class="wp-image-1150" srcset="https://money.rise.capital/wp-content/uploads/2021/09/RISEEE.jpg 471w, https://money.rise.capital/wp-content/uploads/2021/09/RISEEE-255x300.jpg 255w" sizes="(max-width: 471px) 100vw, 471px" /></figure>



Jemimah&nbsp;



“Being among other folks who&#8217;re driven to meet their goals, improve their quality of life, and build financial savvy and long-term wealth has taught me to be more intentional about planning and executing my own goals. With the right knowledge and a realistic strategy, you can incrementally meet whatever financial goals you set for yourself. However, it can be easy to get distracted or even lose your way when you&#8217;re going at it alone because you&#8217;re either procrastinating or making excuses or feel you&#8217;re too low-income to begin. So, the Rise Telegram community is particularly valuable because there&#8217;s a constant nudge to improve yourself.



<figure class="wp-block-image size-large is-style-default"><img loading="lazy" width="470" height="557" src="https://money.rise.capital/wp-content/uploads/2021/09/FIRS.jpg" alt="" class="wp-image-1148" srcset="https://money.rise.capital/wp-content/uploads/2021/09/FIRS.jpg 470w, https://money.rise.capital/wp-content/uploads/2021/09/FIRS-253x300.jpg 253w" sizes="(max-width: 470px) 100vw, 470px" /></figure>



Henry



I just wanted to tell Risevest that they do a really good job on the Telegram community.&nbsp;



I was already an ardent user and promoter of Risevest (those referral bonuses do help with the evangelism!) but being on the Telegram group discussing relevant themed books is where it really shines for me, the ginger of being with like minds discussing wealth making mindsets and strategies! That&#8217;s my drug!



&nbsp;Makes me think things like&nbsp;



&#8220;This our Risevest generation, we go get money o



Thanks guys, really! 



Join the Risevest telegram group by clicking on this <a href="https://t.me/joinchat/DMuBqxYV5GSwSEypHwbmiA">link</a>

Risers talk about what they love most about the Rise community.

If you started investing around April 2020, you are likely to have a wrong idea of what investing is all about and what it takes to thrive while investing. After the March 2020 low (caused by fear of COVID-19), the S&amp;P 500 rose by more than 60% at year-end. Also, it is likely that any individual stock that you invest in then will return a covetable ROI. In essence, there was literally nothing to worry about in such a market and time. No doubt, 2021 would have exposed you to a different side of investing.



After Joe Biden won the American election and doubled down on the vaccination, investors started doing what is called a rotation. A situation where investors reduced their stakes in one sector and increased it in another sector. In this case, it was a move away from tech stocks to the utility and energy sectors. Then followed concerns over inflation, and then followed a series of regulations from China. At some point as well in the US, there were lots of vacancies and no one to fill them (labour shortage). Then the crypto market nosedived, and the Securities and Exchange Commission in the US made statements suggesting more regulations. The list could go on because, in the world of investing, there is no end to events that cause worry. And oh, I have not mentioned the most recent <a href="https://www.barrons.com/articles/china-evergrande-contagion-51632139566">Evergrande issue</a> that has infused fear in the whole world of investing from bonds to stocks and from real estate to crypto.



Since there is no end to these series of events, it helps to know what is good to worry about and what one need not even give much thought to.



Before that though, the truth is that despite all the bad news, the stock market is up 16% YTD, was up 18% in 2020 and has averaged 10% in the last 30+ years. This sends us an important message that no matter how bad the news may get, the world is set up for more prosperity and the stock market is a reflection of that reality. And this is not just about the stock market alone. The Crypto market was nonexistent some 10 years ago but today it has a market capitalization hovering around 2 trillion dollars.



Looking at all these facts, it is fine to conclude that indeed not all news is worth panicking about. In fact, the best conclusion is that most are best ignored.



<h2>The only thing that matters</h2>



Your purpose of investing will inform what you need to worry about. For this article, I will assume you are investing for the long term since that is what we encourage at Rise. For those who are investing with a long term outlook, the only thing you need to worry about is the quality of the business you are investing in. You have no business keeping track of inflation, unemployment and the likes. Just the business alone. And if you are investing with Rise, we have even taken that worry off your hand with our array of investment opportunities as well (stock, real estate and fixed income).



It seems my conclusion is to tell you that you have nothing to worry about. Yes, that&#8217;s exactly it. Bad news will never stop coming. There will be a flood of them.



Here&#8217;s the thing though, while all the bad news is not worth worrying about, awareness of them and their implication can be a great calm. So let me also give you a general framework for accessing them.



<ul><li>All bad news will cause the market to panic and prices of assets drop. What you should concern yourself with here is to confirm to what extent this bad news affects your investment. </li><li>All good news is not weighed equally. As we noted in this article, sometimes, even <a href="https://rise.capital/blog/risevheres-why-you-need-to-ignore-the-noise-and-focus-on-your-long-term-investment">amidst a lot of good news, asset prices could still fall</a>. Yes, when the &#8220;good news&#8221; is not good enough, prices fall. </li></ul>



However, businesses are resilient, one bad news or even a series of bad news is often not enough to make them lose their entire appeal. Therefore, it is important to keep this principle in mind and know that the right question to ask is &#8220;how does this affect the company(ies) in my portfolio?&#8221;



Often, you will learn that it doesn&#8217;t affect it so much. And you can learn to ignore the noise and focus on what matters.



And for those who use Rise, you can rest better knowing that you have an investment team that does the worrying so you don&#8217;t have to. Just fund consistently and enjoy the journey.

Here’s The Only Thing You Should Worry About While Investing

Top Ten Startups In Nigeria

When you wake up and dress up to go out for the day&#8217;s toil, you often do so with the expectation that things will work out well for you and that you will return safely home. But what if the day doesn’t go as planned?



When you embark on a project with a clear plan on how to move from point A to point B and then point Z, you expect that at a point the project will be completed. And often they tend to be completed albeit with unforeseen challenges showing up at intervals.



Like it is with going out to go about your daily work, and with embarking on a project, so it is with investing.



When we invest, there&#8217;s only one expectation that one can have, a great return on investment (ROI). Why would you have a different expectation? Yes, great ROI is a worthy expectation since you are not in the business of charity. You are in the business of making your money work for you.



However, having the right expectation about the unknown future requires us to balance our optimism with a dose of reality. What does this mean?



One, day-to-day when you set out for work, you encounter different challenges often more than you anticipated. But you don&#8217;t get to end that day just because of one of two challenges. Never! Often, you push through the day despite the challenges, hoping you get it solved and then move on. It is similar to what’s obtainable in the world of investing. You might have expected a great ROI but the path to huge ROI won&#8217;t be smooth. It will be filled with ups and downs, negative returns, and positive returns. And that&#8217;s perfectly normal. It&#8217;s the natural order of things. Don&#8217;t then liquidate your investment because of one negative return day/week/month just as you wouldn&#8217;t end your day/week/month because of an unexpected challenge.



Also, similar to when you embark on a project, beyond the challenges that you might have anticipated, new ones will show up as well. Two things here:



<ul><li>One, you won’t because of such a challenge just call it quit on the project. No! Rather, you try to solve it. Similarly in investing, it might be that you have invested in what your risk appetite can&#8217;t handle. In which case, the reasonable thing to do is not to stop investing all together but to find other assets with a lower risk profile. Don&#8217;t ever deprive yourself of potential upside just because of a bad day or choice.</li><li>Two, at other times, you may end the project because you realize there&#8217;s no way this project succeeds under the prevailing circumstances. That&#8217;s also understandable and it often happens while investing as well. Especially when you have invested an amount of <a href="https://rise.capital/blog/risevest-you-should-never-invest-these-3-categories-of-money">money that you should never have invested</a>. When you do such, you have not done your fundamental assessment right and investment endeavors like that often fail.</li></ul>



You see, all investments are an optimistic bet about the future. A bet that the asset you invested in will keep doing better, a bet that the business will keep growing, and a bet that the economy will keep getting better. Hence, you will get a great ROI. If history has shown us anything, it is the fact that making such bets are worthy and often highly rewarding.



Yet, what we can also learn from history is that the path to this optimistic view of the future will never be straight. It will be laden with a lot of ups and downs, good weeks and bad days, right calls, and bad calls among others. However, what you are optimizing for is that overall you are more right than wrong. And it is futile to optimize for being right all the time.&nbsp;



So as you invest, take bets, and plan for the future, remember to always mix with your optimism a dose of reality. As it is obtainable in the world of our everyday life, so it is in the world of investing. It&#8217;s never a straight line up, it&#8217;s always a zigzag for every one of us in every endeavor. Embrace it in your investment journey as well.

What To Expect When You Are Investing For The Future

Historically, the stock market has been a wealth compounding asset for investors. Stock often outperforms other asset classes like bonds and real estate. However, the volatility in the stock market has always made it hard for retail (and even institutional) investors to navigate the choppy market profitably. Risevest makes a difference by helping the retail investor to build a portfolio of assets in the stock market optimized for growth and capital preservation.



<figure class="wp-block-image"><img src="https://lh4.googleusercontent.com/82HwtYr9B-ZbDaP2prOub3FmXQvQz_myhKgvGkCLoMJY3z4VPcSBS_p4dlIicxi_P9qHY_n4PVZZ_pZV4calrLMcrrIpwUnIQh9LYRIxu_vPhnSYt7ECLGuzxSQLjPAxuYecuta7" alt=""/></figure>



The Rise Stock Index comprises some of the finest companies in the world. We selected them carefully for a balance between growth and capital preservation. These are companies that are innovating and building new products &amp; services to make the world a better place.



Our investment thesis is simple; we don&#8217;t invest in fads or the next hot thing like <a href="https://rise.capital/blog/gamestop-or-long-game">GameStop</a>. Instead, we invest in companies that are leading the market, innovating at scale, and designing business models that allow them to capture maximum value from their innovation.&nbsp; Over the long term, these companies deliver excellent returns to our investors. Even though they may underperform in the short term.



We have written about a few of these companies in our portfolio; <a href="https://rise.capital/blog/shopify-110-revenue-growth-fuels-our-optimism">Shopify</a>, <a href="https://rise.capital/blog/welcoming-bumble-to-the-rise-portfolio">Bumble</a>, and <a href="https://rise.capital/blog/crowdstrike-delivered-a-phenomenal-q4-result">CrowdStike</a>. And you can read how we select those stocks from <a href="https://risevest.medium.com/how-we-select-stocks-for-our-equity-portfolio-146da9df9032">here</a>.



Some of these companies are reporting double digits revenue growth. And some others are expanding their market to capture new value. The stocks composition helps us to ensure healthy growth and minimal pullbacks when the market is experiencing dips.



This is the process we have followed since 2019 when we started and it has brought great returns to our investors. In 2019 and 2020, the stock index returned 27% and 41% respectively.



Clearly, there are bound to be temporary market drawdowns. However, our investment process over the long term will help our investors to navigate the market and make great returns.



Click <a href="https://rise.capital/">here </a>to start benefiting from a stress-free wealth management opportunity today.



<figure class="wp-block-image size-large"><a href="https://rise.capital/"><img loading="lazy" width="1024" height="512" src="https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1024x512.png" alt="" class="wp-image-921" srcset="https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1024x512.png 1024w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-300x150.png 300w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-768x384.png 768w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1536x768.png 1536w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-2048x1024.png 2048w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1568x784.png 1568w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>

Why You Should Invest In The Risevest Stock Plan

You have started in the right direction since you are considering investing your money. And it makes a lot of sense that you do not think what you want to start with is small. So Congratulations!!!



Also, it is essential to emphasize that no amount is too small to start investing. No matter how small, you should see your days of little beginnings as a foundation for building a brighter future through investing.



Now let&#8217;s talk about that money you want to invest.&nbsp;



<h3>Invest in an emergency fund </h3>



An emergency fund is an amount of money that you set aside for the sake of unplanned expenses. I advise that you have up to 6 months of your monthly salary in this fund. Of course, you are free to determine what yours will be. But having it provides a necessary buffer in case of an emergency.



This is important because if you don&#8217;t invest in this, you may not be able to do other forms of investment successfully. The emergency fund usually sits in a savings account not invested at all. For a simple reason that you may need to use it unplanned. That’s one option. And it is assuming you don’t have an emergency fund yet. If you have that setup already, then we can move on to the next option.



<h3>Invest in fixed income plans</h3>



We all have different risk profiles. Some people can take on more risk than others. For those who can&#8217;t take on any risk at all, fixed-income investment offers them a safe path. The way fixed income works is that you know ahead of time when your investment will mature and how much you will get on maturity. That&#8217;s why it&#8217;s called fixed income.



So if you invest your 10,000 Naira for 1 year and the rate of return is 10%, then at the end of a year, you will get a sum of 11,000 as a take home. Does that sound great? That you can know ahead of time what interest you will earn and when you will get your funds back? If it does, then why wait?



Click on Stress-free wealth management image below to start investing in a fixed-income fund today.



<figure class="wp-block-image size-large"><a href="https://rise.capital/"><img loading="lazy" width="1024" height="512" src="https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-1024x512.png" alt="investing, risevest, invest best" class="wp-image-922" srcset="https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-1024x512.png 1024w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-300x150.png 300w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-768x384.png 768w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-1536x768.png 1536w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-2048x1024.png 2048w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-1568x784.png 1568w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>



<h3>Invest in real estate funds</h3>



You will wonder if it were possible for you to invest as little as 10,000 Naira in real estate. Yes, it&#8217;s possible and Risevest made it available for all. <a href="https://rise.capital/blog/how-real-estate-returns-work-on-rise">Your 10,000 Naira is joined with that of 100+ more people</a> and is used to buy rental properties.&nbsp;



Once you have subscribed to that, you start earning income as the property is earning rent or <a href="https://www.investopedia.com/terms/c/capitalgain.asp#:~:text=Capital%20gain%20refers%20to%20an,be%20claimed%20on%20income%20taxes.">capital gain</a> upon sales. Unlike fixed income though, the returns are not predetermined and it varies from month to month. Again, Risevest got you covered on this.



<h3>Invest in a Stock Index </h3>



Stock Indexes are a basket of stocks lumped into a basket for you to buy. Such that once you buy part of the basket, you would have bought all the 40 (more or less) stocks in the basket at the same time. And historically, <a href="https://www.investopedia.com/ask/answers/032415/which-investments-have-highest-historical-returns.asp">stocks have been the best-performing asset</a>. It has returned gains that surpasses both fixed income and real estate. However, it&#8217;s riskier to invest in stocks than real estate and fixed income.



So you have got to have an appetite for risk to invest your 10,000 Naira in this. And the best part is that Risevest has developed a means to make investing in a stock index with as little as 10,000 Naira available for everyone. If you invested in Risevest Stock Index last year, you would have made a whopping 40%. And If you have invested from the beginning of this year, you would also have made 12% year to date.



You can start by clicking the image below.



<figure class="wp-block-image size-large"><a href="https://rise.capital/"><img loading="lazy" width="1024" height="512" src="https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy_3-210610-1-1024x512.png" alt="" class="wp-image-920" srcset="https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy_3-210610-1-1024x512.png 1024w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy_3-210610-1-300x150.png 300w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy_3-210610-1-768x384.png 768w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy_3-210610-1-1536x768.png 1536w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy_3-210610-1-2048x1024.png 2048w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy_3-210610-1-1568x784.png 1568w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>



Investing starts with developing the &#8220;habit of investing&#8221;. Starting small with 10,000 Naira is a very good way to start building that habit. Once you have developed the habit, it will be easier to grow wealth from there. With as little as 10,000 Naira, you can start today, either to invest in an emergency fund, or fixed income, or real estate or stock index.&nbsp;

4 Ways to Invest 10,000 Naira

The rise of the gig economy has given birth to many people choosing a non-traditional career path. The freelancer can choose what to work on and when. They can also decide how to manage their money 100% after paying tax. It’s a new reality that we’ve not navigated before.



Here is the thing though, being outside of the traditional career path, they have also deprived themselves of being subjected to something like the Pension Act. For instance, the Pension Act of Nigeria requires that both the employer and the employee contribute a certain percentage to the employee&#8217;s pension account monthly. In other words, traditional employees are mandated to plan towards a time when they won’t be strong enough to work again.



Given a choice, the traditional employee <a href="https://medium.com/ten-timezones/present-self-vs-future-self-f598f5ab0e2a">will rarely make such a monthly contribution</a>. But because the law requires it, everyone in formal employment has a pension account funded monthly as a plan towards when they won’t be strong enough to work again.



Unfortunately, no law binds the gig worker to contribute to a pension scheme. Yet, just like the traditional career person, the freelancer will also get to an age where s/he is better off relaxing and going on holidays than working with the same energy that s/he worked when s/he was 20 something years old.



To this end, I have a proposition that’s too good to refuse.



<h2>Planning your &#8220;retirement&#8221; with Risevest</h2>



We have both agreed that you don&#8217;t want to work &#8220;forever&#8221; and even if you wish to, strength might fail you as you age. So how can you use Risevest to help you achieve your “retirement” goal?  



<ol><li>Risevest as you might know already is an asset management company committed to bringing you the best investment opportunities around the world. Our portfolio of investments is managed by seasoned experts. With the array of products that we have currently and the ones to come, there isn&#8217;t a better option to manage your “retirement” investment.</li></ol>



<ol start="2"><li>You have an advantage over the traditional career person because all your investments with Risevest will be denominated in dollars. Why should you want otherwise?</li><li>You are exposed to the best-performing assets in the world. Stock, Real Estate and Fixed Income.</li></ol>



All of these put together empowers you enough to make important financial decisions for your future.



<figure class="wp-block-image size-large"><a href="https://rise.capital/"><img loading="lazy" width="1024" height="512" src="https://money.rise.capital/wp-content/uploads/2021/06/blog-banner-copy-5-210610-1024x512.png" alt="Risevest invest" class="wp-image-929" srcset="https://money.rise.capital/wp-content/uploads/2021/06/blog-banner-copy-5-210610-1024x512.png 1024w, https://money.rise.capital/wp-content/uploads/2021/06/blog-banner-copy-5-210610-300x150.png 300w, https://money.rise.capital/wp-content/uploads/2021/06/blog-banner-copy-5-210610-768x384.png 768w, https://money.rise.capital/wp-content/uploads/2021/06/blog-banner-copy-5-210610-1536x768.png 1536w, https://money.rise.capital/wp-content/uploads/2021/06/blog-banner-copy-5-210610-2048x1024.png 2048w, https://money.rise.capital/wp-content/uploads/2021/06/blog-banner-copy-5-210610-1568x784.png 1568w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>



Using Risevest, you can set up a plan, name it Retirement, Future Enjoyment or whatever name you&#8217;d like. Have a specific plan about how you will fund it and the rule that will guide when you can withdraw it. Simply put, set up your personal &#8220;Pension Act&#8221; and abide by it. Sounds simple, but it may not be simple.



Here are 3 guidelines to help you along the way of implementation.



<ol><li>The first thing you will learn from the traditional career person is that they don&#8217;t feel the effect of the month-to-month pension deduction from their salary. This is an important point because while you plan for the future, you must exist today. So you can only invest an amount that won&#8217;t affect your survival today. Doing otherwise will put on you the pressure of liquidating your &#8220;retirement plan&#8221;. Don&#8217;t invest too much. For this, don&#8217;t ever go above 10% of what you earn.</li><li>10% of what you earn. Unlike the traditional career person, you don&#8217;t earn monthly, you earn per gig. So it is important to recognize that and ensure that whatever percentage you choose to contribute towards your pension comes from every gig that you complete.</li><li>Discipline yourself mentally to always calculate your income net of your retirement contribution. Let&#8217;s assume you have decided to keep 5% of everything that you earn towards retirement. If you earned $1,000 on a gig then you should see it as earning $950 never to be seen as $1,000 let alone should you plan your life on $1,000.</li></ol>



This is new territory for every one of us. The future of work is still the future. And while our gig workers are living in the future already, we also believe that as your trusted wealth advisor, we should provide you with a necessary guide on this.



The ideas shared above are what we are thinking about at the moment. And we trust that if you run by them, you will have your future guaranteed.



Surely this is not the end of this topic, it&#8217;s only the beginning. As you use Risevest’s platform for this purpose, you will have more questions we will be available to answer.&nbsp;



For now, go and set up your &#8220;Retirement&#8221; Plan on Risevest. In 30 years, you’ll be glad you did..

Freelancer, Here’s One Answer To The Biggest Question About Your Future

Every year, people travel from far and near to attend Berkshire Hathaway annual meetings. There they listen to the wisdom of Buffett and Munger. It’s always so profound how much both usually have to share every year. And the investing community never gets tired of them. For context, saying “people” means an average of 40,000 people from all around the world come to listen to Buffett and Munger talk for at least 4 hours. This year was not an exception.



Instead of listening to the 4 hours long conversation, we want to share six lessons of the most profound takeaways from the meeting. Here’s a sneak-peek into what that number of people usually gather around to listen to.



<h2>1. Don’t bet against America</h2>



Buffett started this year’s session by sharing two insightful statistics. He showed the data of the top 20 companies as of March 2021 and compared it with that of 30 years ago. In a profound turn of events, none of the companies that were on the list 30 years ago are still on the list today. Beyond that, 30 years ago, only 5 US companies were in the top 20. But today, there are 13 of them.



Buffett used the opportunity to emphasise America’s position as the world’s capital for wealth accumulation. Knowing that the US moved from 25% dominance of the top 20 to 65% under 30 years is instructive. As Buffett noted, the economic system in the US powers growth of this nature. It is almost by design that the US will prosper.



Now, this is not an article to glorify the US. What we aim to call your attention to is simple. As a Nigerian, the opportunity for you to have a share of the wealth created in the US in the last 30 years or even further was not available to you. But that opportunity is available to you at your fingertip with Risevest.



<figure class="wp-block-image size-large"><a href="https://rise.capital/"><img loading="lazy" width="1024" height="512" src="https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy_3-210610-1024x512.png" alt="risevest, investment buffett" class="wp-image-919" srcset="https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy_3-210610-1024x512.png 1024w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy_3-210610-300x150.png 300w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy_3-210610-768x384.png 768w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy_3-210610-1536x768.png 1536w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy_3-210610-2048x1024.png 2048w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy_3-210610-1568x784.png 1568w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>



<h2>2. Buffett and Munger are still living in the house they bought 62 years ago</h2>



This year’s Annual Meeting was held in a different location (Munger’s state). While commenting on that, Buffet mentioned how Munger has been living in the same house he bought 62 years ago. And of course, we know the same is true of Buffett who has been living in the same house for as long as well.



When a lot of people think about wealth, what comes to their mind is the number of things they want to spend on. But wealth is built out of what we don’t spend, not out of what we spend. Munger has more than enough to buy a new house. But the focus of wealth is not in the multitude of houses or material things that one possesses. Rather, it is in how much you didn’t spend but stash in an investment.



Another lesson from this has to do with not replacing items that are not due for replacement. For example, it’s okay to use the latest iPhone if you can afford it. But why make it a goal to always use the latest when you have to squeeze your pocket to do so? Understand what matters to you as you build wealth and focus on it.



Also read: <a href="https://rise.capital/blog/long-term-investing-is-hard-here-are-3-things-to-help-you-make-it-easier">Long-Term Investing is Hard</a>



<h2>3. Even Buffett Makes Investment Mistakes</h2>



Everyone investing – new or old – has likely made one mistake or the other on their journey. You might have invested money you shouldn’t invest. You might have invested in what you shouldn’t invest in or any other mistake. Well, we are here to tell you that even Buffett makes mistakes.



Some people questioned why Buffett sold part of his stake in Apple. The Oracle of Omaha admitted that was probably a mistake. &#8220;Charlie in his usual low-key way let me know it was a mistake,&#8221; he added.



You can take solace in the fact even someone of Buffett&#8217;s stature can make the same sort of mistakes that you make. And then move forward with your investing without relenting. Don&#8217;t let past mistakes stop you from investing now that you are better aware.



<figure class="wp-block-image size-large"><a href="https://rise.capital/"><img loading="lazy" width="1024" height="512" src="https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-1024x512.png" alt="risevest, investment buffett" class="wp-image-922" srcset="https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-1024x512.png 1024w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-300x150.png 300w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-768x384.png 768w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-1536x768.png 1536w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-2048x1024.png 2048w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-1568x784.png 1568w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>



<h2>4. Munger on Bitcoin</h2>



Buffett decided to dodge the question on Bitcoin asked by an attendee. He wanted to “avoid making the hundreds of thousands of viewers who own the cryptocurrency unhappy.” Munger didn&#8217;t hold back though. &#8220;I hate the Bitcoin success,&#8221; Munger said. &#8220;The whole damn development is disgusting and contrary to the interest of civilization.&#8221;



We like to highlight two point from this:



<ul><li>Reminding everyone to be on the side of caution when investing in cryptocurrency.</li></ul>



<ul><li>Telling you that even if you disagree with Charlie Munger, you can still learn from him. That you disagree with someone on a point doesn’t mean you can’t agree with them on another point. And Munger is someone you can learn a tone from.&nbsp;</li></ul>



<h2>5. Buffett and Munger disagree on the S&amp;P 500 vs. Berkshire</h2>



Buffett has often advised investors to keep things simple and invest in an S&amp;P 500 index fund. &#8220;I&#8217;ve never recommended Berkshire to anybody,&#8221; Buffett said.



Munger has a different opinion. &#8220;I personally prefer holding Berkshire to holding the market,&#8221; he said, arguing that Berkshire&#8217;s set of businesses and investments are in his view &#8220;better than the average&#8221; across the stock market.



These two individuals hold two different views and they still respect each other.&nbsp; And have even conducted business together for this long.



You can have a different investment philosophy with someone, it doesn’t mean you conflict with that person. Just do what works for you.



<h2>6. On Robinhood and Stock Trading Apps</h2>



Buffett said of Robinhood, “the gambling impulse is very strong in people worldwide. And occasionally it gets an enormous shove and conditions lead to this place where more people are entering the casino than are leaving every day.&#8221; Buffett added, “and it creates its own reality for a while and nobody tells you when the clock’s going to strike 12 and it all turns to pumpkins and mice.&#8221;



More importantly, Buffett said that &#8220;there&#8217;s nothing illegal about it. There&#8217;s nothing immoral, but I don&#8217;t think you&#8217;d build a society around people doing it.&#8221;



What Buffett is saying here is that many more people have entered the stock market in the recent period. Albeit, with gambling mindset than an investing mindset. The caution here is to know what you are doing, if you gambling, know it as such and if you are investing recognize it for one. When you are making money, it is easy to think that’s how it always is, no that’s not. Markets don’t always go up and individual companies may even be more irrational in their behaviour. Be careful and be aware of what exactly you are doing.

Six Lessons We Learned From Buffett & Munger 2021 Annual Meeting

In investing, learning once is often not enough. The reason is not far-fetched; investing requires agreement between our intellect and our emotions. And while it is easier for our mind to grab all investing concepts at once, our feelings will always find it hard to fall in line. Hence, a constant need for reeducation.



That&#8217;s why we are taking a tour into the mind of some of the legendary investors in this article. We are picking from their mind some of the most important lessons they learned on their journey to share with you. Remember, there&#8217;s a likelihood that you&#8217;ve encountered some of these lessons before. However, there&#8217;s also a high likelihood that you may not have been able to abide by them. And you know what, you are not alone; it happens to the best of us. We panic, we let emotions get in the way, and sometimes, it costs us. But ultimately, we are on a journey to building wealth and ready to learn what is necessary to create wealth.



<h2>Have some stocks in your portfolio</h2>



“If you hope to have more money tomorrow than you have today, you&#8217;ve got to put a chunk of your assets into stocks. Sooner or later, a portfolio of stocks or stock mutual funds will turn out to be a lot more valuable than a portfolio of bonds or commercial deposits, or money-market funds.” &#8211; Peter Lynch



Peter Lynch took a look at historical data and realised that despite the seeming risk in the stock market, if you hope to have more money in the future than you have today, you need to invest some of your funds in stocks. That&#8217;s because historically, the stock market has outperformed every known asset class. He compared stocks to alternative assets like fixed income to reach that conclusion. And while fixed income is less risky, the kind of money that some desire can only be made from an investment in stocks.



A nearby example here would be Risevest&#8217;s performance in 2020. Investors in stock make 40.7% return on investment while fixed income investors make only 10%. Of course, it is not guaranteed that the 40% return will persist. However, over a long enough period, stocks tend to outperform the fixed income plan.



So what can you do? It&#8217;s simple, start building up your stock portfolio if you don&#8217;t have one already. And if you have already, make sure you are keeping a long-term view of it. In the short term, expect volatility. Over a long time, though, expect money-making returns.



<h2>With all that you know, have you started investing?</h2>



&#8220;In life and business, there are two cardinal sins. The first is to act precipitously without thought, and the second is to not act at all.&#8221; ~ Carl Icahn



Which of these two sins is currently committing? Are you acting without thought or you are not acting all despite all that you know?



Acting without thought, for instance, will mean investing these 3 kinds of money that we said should never be invested. And nothing acting at all will mean despite all that you care enough to spur you to action, you are still not acting at all.



Don&#8217;t commit any of these two sins. Join our community, where you can learn about all things money. Then download the Rise App to start acting today. The time to start is now.



<h2>The best investment returns come from doing nothing.</h2>



&#8220;The big money is not in the buying and selling, but in the waiting.&#8221; ~ Charlie Munger



Charlie Munger is always revered for his witty wisdom. Alongside Warren Buffet, he has built a multi-billion dollar business by investing in the most promising companies. And when asked what the secret of successful investing is, he said, &#8220;you make the big money by doing nothing but waiting&#8221;.



You see, it&#8217;s easy to think we can make quick money by timing the market for an entry and exit point. However, the wisdom of Munger says big money is in the waiting, in doing nothing, and in patience.



<h2>We all make mistakes with our investments, but some people repeat the same mistake</h2>



&#8220;For every mistake that you learn from you will save thousands of similar mistakes in the future, so if you treat mistakes as learning opportunities that yield rapid improvements you should be excited by them. But if you treat them as bad things, you will make yourself and others miserable, and you won&#8217;t grow.&#8221; ~ Ray Dalio



I&#8217;ve seen many people afraid of making their first investment because they don&#8217;t want to make mistakes. They don&#8217;t want to do it wrong. They want to be right with every act. And because of that, they either delay starting their investing journey or have not even started at all.



One cannot optimize to avoid mistakes all of their lives. One cannot optimize to avoid failures all of their life. One cannot optimize to be right all of the time. Allow yourself some threshold of failure and you will see how quickly you will grow not just in investing but in all areas of life.



How can you apply this in investing? Take a small amount of your money and take the initial step of funding that plan you just created on Risevest. Fund it and watch what happens to it. Your fear will either disappear or be confirmed and you would&#8217;ve learned. An option that is better than waiting for the perfect information before you start. And this applies to any investment you may want to try out as well. That&#8217;s what legendary Ray Dalio wants to teach us.



<h2>You must find a way to make money while you sleep</h2>



&#8220;If you don&#8217;t find a way to make money while you sleep, you will work until you die.&#8221; ~ Warren Buffett



Why do we invest? Investing is the art of making money while you sleep. With the help of compounding returns, when you invest, over a long enough period, the ROI on your investment will soon outpace the capital that you contributed. If you allow this circle to run for a long enough time, you can soon stop working and feed off your investment returns. Otherwise, you will have to work until you die.



<figure class="wp-block-image"><a href="https://m2.rise.capital/mr"><img src="https://lh5.googleusercontent.com/SNeEDcAiqtdcPu1WktiRIV_wZ7Xmr8qwQzyQU7YPUHakqg9VEr5zVH_K-y1V9p5TUUEXa_XMNu6UFxLnyKGiddJ41gZsIh0M4guaOP9xfnvoLORPwj6RjDgR64P8rl0yXtLB1OmQ" alt=""/></a></figure>



As depicted in the image above, saving approximately $450k at a 10% annual return can give you a net worth of $2.35m within 30 years. But your emphasis should not be on saving $450k or banging a net worth of $2m. Rather it should be saving an amount commensurate with your income and investing it consistently to generate compounding returns. That way, you won&#8217;t have to work till you die.



Make your money work for you while you sleep.



<h2>Don&#8217;t be emotional about investing</h2>



&#8220;I&#8217;m not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making &#8211; just the facts.&#8221; ~ Bill Ackman



This one is difficult! Our default as humans is to be emotional about our investment. However, the less emotional we can be, the better our investing performance.



To cushion the effect of emotion is why it is important to set up a system for your investment. Things like automating your investment using direct debit, locking up some funds so that you can&#8217;t withdraw it, and having an emergency fund so you are not forced to liquidate your investment when an unexpected need comes.



Work towards being less emotional. The investing world is volatile, expect it and understand that it will always pass.



<figure class="wp-block-image"><a href="https://m2.rise.capital/mr"><img src="https://lh4.googleusercontent.com/MRRz6Dyq9D7IRhkD9h2SvEf607zhRRErWyIv1b6MgxR3D-MHOheNlvGS3dpYoiKpoYRue4q4ArehJOH40VLA0n_ytbk8olIk_nNqDwZsf8bEkSa-guXilXqoIuHs7mAe2fLdjYDv" alt="Long term investing always guarantee growth in the upward direction. Start your stress free wealth management journey with Rise."/></a><figcaption>Image credit: @VisualizeValue</figcaption></figure>



<h2>Buy low and sell high and you will make tons of money over the long run</h2>



&#8220;Many investors make the mistake of buying high and selling low while the exact opposite is the right strategy to outperform over the long term.&#8221; ~ John Paulson



In the earlier part of this year, the market was trading low and growth dragged a lot. Those are periods of buying low. Today the market is rebounding again with good gains. However, it is those who have invested in that period of lows that will make the most returns now. Because they bought when things were low.



It is usually difficult to buy when the market is red. However, if you can do it, then you will be part of those who make the most returns.

7 Lessons From 7 Legendary Investors

Did you notice that for the past couple of weeks, your stock plan has been nosediving?



The market has returned only negatives and not a single green week on week in the past couple of days. That can be scary – no, it’s frightening.



How can you invest $1,000 and check your investment three weeks later to see a balance of $870? 13% of the value of your money is gone! Times like this make you question your conviction and those managing the money for you. Before you do, though, let me take you down memory lane.



In the stock market history, dips (or call it drawdowns) are the norm, not the exception. They happen frequently. And it is only wise to prepare your mind that you will experience it at one time or the other. Any expectation that does not put drawdowns into consideration will soon meet a big disappointment.



The chart below shows the yearly historical returns of the <a href="https://en.wikipedia.org/wiki/S%26P_500">S&amp;P 500</a> spanning 30 years. As you will notice, the story of 30 years is never one of continued green bars. Rather, it is one of few greens followed by few reds, then green again, and the cycle continues.



<figure class="wp-block-image"><img src="https://lh6.googleusercontent.com/5SlohUubZ9QHs-4RfsPa7K__tdmXfmEw0yfbGOQzO7wD-9Tl1sJidegYq_XIUdSzTpRpf1qmDZGm4B5suh2CL1EmQ9M5jnBGtpuIBuWiEvO2eciif4q_LL5YaGWL4tqlyuap4zeh" alt=""/><figcaption>Analysis by Risevest; Data from Macrotrend</figcaption></figure>



But if that’s the nature of the market, why will anyone invest in a thing like that?&nbsp;



It&#8217;s because, despite the volatility in the stock market, it is still one of the best investment vehicles. Stocks have stood the test of time and created wealth for people across the globe.&nbsp;



<figure class="wp-block-image"><img src="https://lh4.googleusercontent.com/VLzr_MXYl-MQjPJcTK79itwOtbAFkqwxFr9GCPOVQc_-O6U9YHKcB9fH4wrNaBQpRJ3zGgxoD5mN8UQwSQWIX7AZJPYGAwlFvlX4OqhnfPZQQaOuwgf_n7alRy1NT_CfU2AYJf3X" alt=""/></figure>



Imagine a scenario where someone invested $10,000 in the S&amp;P 500 in 1991 and left it invested until 2020. How much do you think the $10,000 will be worth?



$10,000 invested during the period will be worth $152,000 now. Despite all the ups and downs, the many stock market collapses, the investor still ends up with $152,000 in the end. 



The stock market is not a get-rich-quick scheme, if you’ve been told otherwise, it’s time you reset your expectations. But the stock market can help you make untold wealth only if you are patient and <a href="https://youtu.be/pFgPNVytlwA">stick to investing, rain or sunshine</a>.



So don’t think you are doing anything wrong if your $1,000 turns to $870. You are not wrong, hold your conviction firm and know that there’s nothing to worry about.



<figure class="wp-block-image size-large"><a href="https://rise.capital/"><img loading="lazy" width="1024" height="512" src="https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-1024x512.png" alt="investing, risevest, invest best " class="wp-image-922" srcset="https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-1024x512.png 1024w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-300x150.png 300w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-768x384.png 768w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-1536x768.png 1536w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-2048x1024.png 2048w, https://money.rise.capital/wp-content/uploads/2021/06/blog_banner_copy-210610-1-1568x784.png 1568w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>



<h2>About The Rise Stock Index </h2>



The Rise Stock Index comprises some of the finest companies in the world. They are innovating and building new products and services to make the world a better place. There’s a high likelihood that you use some of their products (Twitter, Amazon, etc.), and you can’t even imagine a world in which those products are not available to you. That’s what it means for the <a href="https://www.investopedia.com/articles/fundamental/03/022603.asp">fundamentals</a> of a stock to be intact despite a price decline.



What we invest in at Risevest are not fads or meme stocks like <a href="https://rise.capital/blog/gamestop-or-long-game">GameStop</a>. Instead, we look for companies leading the market, innovating at scale, and designing business models that allow them to capture value at different value chains of their products. Although companies like these may also underperform in the short term, over the long term, they deliver excellent returns to our investors over the long term.



We have written about a few of these companies in our portfolio; <a href="https://rise.capital/blog/shopify-110-revenue-growth-fuels-our-optimism">Shopify</a>, <a href="https://rise.capital/blog/welcoming-bumble-to-the-rise-portfolio">Bumble</a>, and <a href="https://rise.capital/blog/crowdstrike-delivered-a-phenomenal-q4-result">CrowdStrike</a>. We will continue to write more about how we are thinking and what we are thinking about these portfolio companies to keep you informed.



In the meantime, focus on growing your career and business while we focus on growing your investments.



Also, if you are looking to make extra income, we are putting together a conversation on May 29, 2021, that will benefit you a great deal. <a href="https://us02web.zoom.us/webinar/register/8116212640447/WN_SHebiQ8nToiVaX-FC2Ozdg">Register here</a>.

Dips happen. How to deal with it.

You&#8217;ve heard that the best return on investment comes when you invest over the long term. In fact, there&#8217;s a graph that best illustrates that.



<figure class="wp-block-image"><img src="https://lh3.googleusercontent.com/pC_zfGRkLNf45vyzsEcyD8D1oYTcKWsgK5Y0gww4jhY4ldb9McnC2Z5Pib8-Kts8lf6QoKU1nZ6BnjUwJLERPwpaKFKojwYdzdoazMKrJs63j0c9PDiBycZSnFQ9028RVTvqyw-j" alt=""/></figure>



The reality is that investing your money in any plan, with the mindset of keeping it there for decades something that’s done for fun. It&#8217;s a difficult task. We either end up not doing it or we break the cycle. And frankly, there&#8217;s no quick fix for that, it&#8217;s human nature.



However, there are some things that others have done to help them navigate such long term goals that are difficult to achieve.



In this article, I’ll be uncovering 3 things you can do to help you navigate your long term investing goals.



<h2>Narrowing your focus</h2>



<figure class="wp-block-image"><img src="https://lh5.googleusercontent.com/OW4sYz8BhCT5xoasEAcJyBf39NH5VWVs_Q1iPAfyZpqvOyv8lj0r1WRUJjWWxA7sK76KFgZw6h5DeNdConx2ZCKtwDeOnWI5pCWbzQGNIyxPa2PBGA3v1WNNf-FjDsW7zeTUmI6z" alt=""/><figcaption><a href="https://th.bing.com/th/id/Rde483e326083800ae103ee74c1a94464?rik=%2b4ZA%2bnMgB23vXw&amp;riu=http%3a%2f%2fwww.trbimg.com%2fimg-5970cc58%2fturbine%2fct-joan-benoit-samuelson-chicago-marathon-20170720&amp;ehk=exUmNL%2bcNQg%2fGqQLVxsRKlVguQUOrdJadcnIGTs4V0Q%3d&amp;risl=&amp;pid=ImgRaw">Photo credit</a></figcaption></figure>



Joan Benoit Samuelson was the first women&#8217;s Olympic marathon champion, winning the Gold Medal at the 1984 Summer Olympics in Los Angeles. She ran for 26 miles in 3:02:53. Before that time, women were not allowed to run the marathon. Joan Benoit Samuelson&#8217;s landmark victory was the beginning of a changed narrative. Since then and till now, a lot more people have run the miles well under 3 hours.



When asked how she was able to run that long miles in the time she did and with much energy remaining, her answer was instructive. She said something like ”what she does is to use some kind of narrowed focus, she chooses a target ahead of her and pursues that target alone per time. It could be the pink short of somebody running ahead or a visual beacon she can see in a distance. And then she narrows down on those as the target. She reaches that and sets another and another until she reaches the finish line.”



So she takes the 26 miles and breaks it down to smaller nearby competitions. 



The same effect of narrowed focus has been seen to help when pursuing long term financial goals. 10 years is a very long time to keep your money invested but 1 year is not long nor is 6 months. What you can do to help you achieve a 10 years financial goal is to:



<ol><li>Forget about the 10 years</li><li>Focus on a shorter time frame eg. 6 months or 1 year.</li><li>Set target savings and investment that can be achieved within a year. Then work towards achieving that alone.</li><li>When you achieved the 1-year goal, set another 1-year goal.&nbsp;</li></ol>



Doing this, you will realize that all you have before you is just a 1-year goal repeated 10 times. Oftentimes, this approach has worked for a lot of people and it may work for you if you try it as well.&nbsp;



<figure class="wp-block-image"><img src="https://lh4.googleusercontent.com/9g4ysAuLQCzQOiuqS9hdVcSFmy5prRVhtB36jN5WA8-ECN4QnxHZWE9cjzzlkQKM8TJT9rKwAsCz_dZIHDekhql4w3G9prXegnCAF740svEQ2oV10tRsmDpuNWuzfXp50GxjKpuW" alt=""/></figure>



A Recommendation: Rise makes implementing this approach very easy for you through an Auto Invest option and the period is created for the Fixed Income and Real Estate plan. You can easily set a target investment for a year in a plan and automate the debit to remove the hurdles of doing it yourself.



<h2>Materialize the long term&nbsp;</h2>



<figure class="wp-block-image"><img src="https://lh5.googleusercontent.com/hab583boJBW7KPc5FhWB-N7-CZijUtcpgbBQ3owcO6BPpkHZ38zObVchS7mTrZW6qOZhrwjIJMzrbVEJT71iCgt4Hqpd7oe91Tv-9ugRPPz26Jz5KQBJHzvWWJN6ORdMRuYnCzeS" alt=""/></figure>



<a href="https://image.winudf.com/v2/image1/Y29tLmRhaWx5Lmhvcm9zY29wZS56b2RpYWMuZmFjZW15c3RlcnkucGFsbWlzdHJ5X3NjcmVlbl8wXzE1NjQxNjMzMTlfMDU4/screen-0.jpg?fakeurl=1&amp;type=.jpg">Photo credit</a>



In an experiment conducted by Prof. Emily Balcetis of New York University, she asked her students whether they&#8217;ve started saving for retirement or not. 92% of them said, ”They have not thought about retirement.” This was despite the fact that they had jobs and the advantages of starting early far outweigh starting tomorrow <a href="https://rise.capital/blog/when-should-i-start-investing">when to start investing</a>.



When Prof. Emily Balcetis asked why they weren&#8217;t thinking about retirement, their common answer was that ”it was too far off” considering they were just entering the real world (first-year work).



Then she took their photographs and used photo morphing software to try and create what they are likely to look like at old age. Then she printed it and handed it over to them so they could see what they are likely to look like at retirement. Then she gave them time to look at it and to jot down what they would be doing at retirement, what hobbies they will have and who they will be with among other things.



After the activities, she turned to each of them again and asked if they will start saving for retirement immediately from their next paycheck. A vast majority of them replied yes this time around.



What happened to the students in this class is a common phenomenon among humans and that includes you. 30 years from now is very far but when we materialize what we will like to be doing in 30 years and what our condition might look like, in a way the period will seem not too far away anymore.



That&#8217;s why this second point comes in as a handy strategy to help you focus on the long term.



It is much easier to save and invest towards your dream home even if it takes 15 years than it is to just save and invest for no clear material benefits for 15 years.



In light of the above, we encourage you to attempt putting a material goal towards all the plans that you are creating.



Instead of naming your plans ”savings” or ”investment”, give it names like ”graduate education”, ”children college education”, ”$20,000 house project” and the likes. That way, you tend to be committed to your plan and be disciplined enough to not interrupt the cycle. We think you should try this.



<h2>Your future self is still you</h2>



This last point lends itself to groundbreaking research by Hal Hershfield, a psychologist at the UCLA Anderson School of Management. He wanted to know why people weren’t saving for retirement. So he did something uncharacteristic.



Hershfield and his team <a href="https://www.apa.org/action/resources/research-in-action/scan">scanned the brain</a> of the participants in their research and found something interesting.



The same reaction that the brain has when confronted by some unknown person asking you for money is what it has when you are told to save and invest for the future. In other words, the longer the term of investment, the stranger you appear to yourself. So you tend to make decisions that benefit you today more easily than you would make decisions that will benefit you tomorrow but hurt you a bit today.



Just like you wouldn&#8217;t go hungry or inconvenience yourself to put food on the table of a stranger, you will also not endure such to benefit your future self whom your brain equates to a stranger.



<h2>What&#8217;s the way out?</h2>



Solving a problem starts by identifying it and that&#8217;s what we&#8217;ve done. One of the most effective ways to reverse this working of the brain to constantly remind yourself that your future self is in all ways still you. You literally have to do that.&nbsp;



Other things you can do are



<ol><li>Making it easy for your Future Self to do whatever it is your Present Self doesn’t want to do &#8211; instead of saving 50% of your income for the sake of some 10 years goal, save just 5%. Instead of saving for 10 years, save for 1 year 10 times.</li></ol>



<ol start="2"><li>Employ the tactic of instant gratification &#8211; instead of postponing the benefits of achieving your 10-year goal to 10 years from now, set some reward metrics that you can benefit from immediately. For example, when you save with Rise, tweet about it. Another thing you can do is join the <a href="https://rise.capital/affiliates/signup">Rise affiliate program</a> and take pleasure in helping others to achieve their financial goal.</li></ol>



Long-term investing is hard and we recognize that. All the stories and strategies that we&#8217;ve shared so far confirms that and proves that it is not a one-person problem but a humanity problem. Our hope for sharing these 3 strategies is that if one doesn&#8217;t work for you, the other will work or a combination of others will work.



<figure class="wp-block-image size-large"><a href="https://rise.capital/"><img loading="lazy" width="1024" height="512" src="https://money.rise.capital/wp-content/uploads/2021/06/blog-banner-copy-5-210610-1024x512.png" alt="Risevest invest" class="wp-image-929" srcset="https://money.rise.capital/wp-content/uploads/2021/06/blog-banner-copy-5-210610-1024x512.png 1024w, https://money.rise.capital/wp-content/uploads/2021/06/blog-banner-copy-5-210610-300x150.png 300w, https://money.rise.capital/wp-content/uploads/2021/06/blog-banner-copy-5-210610-768x384.png 768w, https://money.rise.capital/wp-content/uploads/2021/06/blog-banner-copy-5-210610-1536x768.png 1536w, https://money.rise.capital/wp-content/uploads/2021/06/blog-banner-copy-5-210610-2048x1024.png 2048w, https://money.rise.capital/wp-content/uploads/2021/06/blog-banner-copy-5-210610-1568x784.png 1568w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>

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