The concept of goal-based investing helps many entrepreneurs answer important questions such as how much to invest, where to invest, and when to start investing. This is the one goal that helps investors meet their financial goals. There are a plethora of benefits to having… Read More »Goal Based Investing for Long-Term Financial Gains
Let’s talk goal-based investing! As an investor, you probably have a lot of questions running through your mind such as how to invest, where to invest, which asset should receive the most allocation, among others. If this is you, it is crucial to have a… Read More »Goal-Based Investing: Why Ndovu?
Going into the year 2022: Getting your personal finances on track is likely a huge priority for you. The New Year presents the perfect opportunity to take a closer look at your finances and figure out what steps you should take to move even closer… Read More »2022: Getting your personal finances on track 🏁
Diversification, let’s talk about it! 🔊 ‘We were not taught about investing when growing up.’ This sentence has been uttered multiple times by attendees during our monthly Ndovu Academy webinars. A quick internal poll on this issue produced the following results: However, when we changed… Read More »Diversification – What is it?
When it comes to selecting an investment partner, there are several questions that arise in the investor’s mind. Undoubtedly, the first one is on safety. (Pro tip: To learn more about the other questions that you should be asking, visit Ndovu Academy 🤓 ) So… Read More »Safety: Is my money secure with Ndovu?
Ndovu, the elephant, is synonymous with strength, empathy, and wisdom. Whenever an elephant is mentioned in casual (or even, serious) conversation, one is guaranteed to either hear about their majesty or incredible levels of emotional intelligence. In the animal kingdom, they live together in herds… Read More »Ndovu: The Story Behind The Name… 🐘
We recently told you about the Government of Kenya Infrastructure Bond opportunity (Issue number IFB1/2021/021). Here are some facts about the opportunity we thought you should know: The Government was looking to borrow Kshs 75 Billion. The bids received were worth a staggering Kshs 151… Read More »A breakdown of the Government of Kenya Infrastructure Bond
A bond is an IOU.
When you buy a bond, you are loaning money to a borrower (in finance terminology, the borrower is called an ‘issuer’) for a defined period of time.
To put it simply, trading is a skill of perfectly timing the market whereas investing is the art of wealth creation through compounding and reinvesting profits in interest and dividends over years by holding quality assets in the market. Traders’ main focus is usually on the price movement of stocks in the market. If the price of an asset significantly goes higher than how it was when it was bought, traders take this opportunity to sell the stock and gain a profit.
Money doesn’t come easy, and being good with money is about more than just making ends meet. Life is much easier when you have good financial skills. If you’re struggling with money management issues such a living paycheck to paycheck despite making more than enough money, then here are some tips to improve your financial habits.