A renowned Nigerian book writer and a politician, Reno Omokri through his X page has share 15 insightful way out of poverty....Don’t Miss Out! CLICK HERE TO KEEP READING..>>
Reno omokri highlight and stated the important of investment as the major ways to eradicate poverty
he share: “Start investing at your level. Don’t wait until you get big money before you invest. It is by investing small that you will eventually get big money”
Never buy a new phone or car until you have a cash-flow asset (use second-hand until then)
Make a budget before you spend even a penny
Focus on investing, not saving. Inflation destroys the value of your savings
Read The Financial Times, Forbes, Harvard Business Review, The Economist, The Wall Street Journal, Business Insider, Inc, Wired, and Fortune Magazine regularly to know about investment opportunities before the general public
- Invest money while others are wasting money
- Prepare for success while they are praying for it
- Chase ideas while they are chasing babes and guys
- Maintain your assets while they are maintaining their girlfriends
- Plot your progress while they are planning their revenge
- Keep fit. A healthy body is conducive to a wealthy lifestyle
- Don’t buy what is in fashion. Rather, spend on what you have a passion for
- Let rejection motivate you while it devastates them
- Take time to improve while they take time to groove
- Invest in annual medical checkups. Nothing destroys your wealth like losing your health
- Success is by choice, not by chance.
- Pray, but still play your part.
- Don’t save for a rainy day. Instead, invest for a rainy day, because savings are static and inflation is dynamic.
- The only thing that can progress more than inflation is investments.
- So invest to have power over money, because if money has power over you, the lack of it will make you do things that wound your pride and body!