If you have 100k in the Nigeria stock market this will help.!

If you have 100k in the Nigerian stock market and your risk level is low and you want to invest for long term, if I were you, this is exactly what I would do. The first thing is build my emergency funds. I will take 15 or maybe 20% of that money, just save it as emergency fund. It will either be in a mutual fund's portfolio or in a high yield savings account. Like the one Northwest gives. You can check it out. We neglect this part of our investment journey too much. An emergency fund gives you stability and liquidity. And those two very, very important. Now what left would be 80 or 85%. I will not invest into a cheap stock, a penny stock. I'll put it into a quality stock. The thing is, most quality stocks might not be really that expensive. The potential of a how much it is in the market. Undervalued. You just need to find companies with consistent earnings, strong fundamentals and a history of dividend. As a long term investor, this dividend thing is important. The reason why we are taking this route is because you are a long term investor and you don't have a very high risk appetite. That's why we will not go for penny stocks because penny stocks are associated with risk. Get, so if you're starting out on your investment journey and you don't know anything about what I just said now to something like Jagun, a d. Or if you want to learn how to analyse stocks, also send d. M. I hope this has helped you. Chao