Post
Topic
Board Nigeria (Naija)
Re: The need to acquire an asset now
by
Cityhunter34
on 09/02/2024, 22:20:11 UTC
Many people wishes to get an asset when they start making it in life but as soon as such opportunity comes up they begin to live frivolous lifestyle and saying that they are still young as they can still meet up their target anytime without knowing that time flies and an opportunity that one may miss in life can take longer time to get again.

It is very good for us to know that the clock is ticking and as it's ticking that's how we are ageing as well, we should make judicious use of any opportunity we have to acquire an asset that would stand for a long time and even help us achieve our dreams, don't feel that you are too young for anything as we are in a digitized world now as everything is going digital that how things are changing so we may not really achieve things on a platter of Gold as you previously did, so it is important we plan now that we are sound and healthy and have no much responsibility yet rather than waiting at a time that every thing would become compounded such that we may not even have time for ourselves anymore.

The time is now to start thinking about the future and stop living extravagant lifestyles trying to impress people who wouldn't even know how you are doing when you peradventurely fall.

Food for thought. It is very important to carefully evaluate your financial goals through asset, in the present condition of our country, Nigeria, acquiring assets can be beneficial, landed properties or stock can be a long term investment strategy. Over time, the value of this assets may appreciate, providing potential financial growth and stability.

Owning a variety of assets can help diversify your portfolio and reduce risk. By spreading your investment across different asset classes, you can mitigate the impact of economy fluctuations. And talking about inflation hedge, inflation erodes the purchasing of power of money over time. Acquiring assets can serve as a hedge against inflation, as their value may increase at a rate higher than inflation, helping to preserve your wealth.

Thank you OP for this reminder, and in other words to what I have said, let's make hay while the sun shines. Discipline yourself and do the needful.