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How To Start Investing From An Early Age

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It is false belief that investment is something meant for the elderly or for income earners approaching retirement.

On the contrary, it is never too early to start investing. And because of the way investment works, the earlier you begin, the more money you’re able to compound over time.

So how do you start investing from an early age?

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Save to Invest

Setting aside some money in the bank is a great financial habit to develop at a young age but don’t just save for the sake of saving. Over a period of time, the value of money depreciates. This also means the value of your stored up money depreciates as well. So save instead to invest your savings which brings higher yields.

Open an Investment Account

When people hear investment, their minds travel to stocks and shares. But investment also includes low risk investment vehicles like Fixed Deposits that are targeted at providing investors with a higher interest rates than the regular savings account. Being wise in your investments takes practice and a good place to start is by opening an investment account.

Get on the Money Market Train

Apart from the Fixed Deposit account, there are also other investment vehicles like money market instruments. They are a source of short-term financing for corporations and the government with maturities of one year or less. They are usually easy to liquidate and provide a relatively high degree of safety. These include Treasury Bills, Banker’s Acceptance, Certificate of Deposit etc.

Develop Good Financial Habits

It can take some years to develop firm financial habits. This is why one of the reasons investing at an early age is a great move because it allows you review and alter your money habits early. Do you want to build the habit of saving? Say no to impulse buying? Or even take time to budget? Start to work on developing these financial habits because they will influence the decisions you make in the future.

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Take Risks

Financial obligations increase as you grow older. And at the same time, your risk tolerance reduces. At an early age, you should take as much risk as you can. If you win, congratulations! And if you lose, the gravity will not be as great when compared with if you had financial responsibilities such as taking care of your family.

Taking risks helps you learn more about the investment world and by the time you’re grown, you will have more experience than people that started at a later age.

ENTERTAINMENT

Tyla Teases Potential Collaboration With Blackpink’s Lisa

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Tyla Teases Potential Collaboration With Blackpink’s Lisa | Fab.ng

Music fans! South African singing sensation Tyla is brewing up a potential collaboration with K-pop megastar Lisa from BLACKPINK! The buzz started when Tyla shared a social media clip of them hanging out in the studio, with Lisa listening to Tyla’s debut album, “TYLA.” The caption hinted at a future team-up, saying, “Sweetest gorllll… Definitely a Lisa x Tyla collab down the line.”

In a recent interview with Reuters promoting her new album, Tyla confirmed the exciting news. She revealed they’ve been in talks about creating a song together. “We’ve been speaking about making a song together, so yes, for sure,” Tyla enthusiastically told Reuters. This potential collaboration has music lovers buzzing. With Tyla’s soulful vocals and Lisa’s energetic rapping, the combination promises an explosive track that could dominate the charts. Both artists are known for pushing boundaries and experimenting with new sounds, making this a collaboration with serious potential.

While there’s no official confirmation on the song’s release date or details, Tyla’s confirmation is enough to set the music world on fire. Fans are eagerly waiting for any further developments and can’t wait to see what these two musical powerhouses create together.

Lisa struck out on her own in February, launching her label “LLOYD” after her solo contract with YG Entertainment ended. Lisa and her bandmates have renewed their group contract with YG.

This wouldn’t be Tyla’s first high-profile collaboration. Her debut album already features tracks with American rapper Travis Scott and Nigerian singer Tems. Teaming up with the globally renowned Lisa from BLACKPINK would be a massive step for Tyla, further solidifying her position as a rising star on the international music scene.

With both artists at the top of their game, a Tyla and Lisa collaboration has the potential to be a global chart-topper.

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ENTERTAINMENT

This Is How Osita Iheme Feels About All The Pawpaw Memes On Social Media

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How Osita Iheme Feels About Pawpaw Memes On Socials | Fab.ng

Veteran Nollywood actor Osita Iheme, also known by his famous nickname Pawpaw, likes how people use funny pictures (memes) from his movies online.

In a recent interview with NXT KLTR, he said he’s happy people are still finding enjoyment in his older films. These memes show that his work is still relevant and continues to entertain people today.

“It’s good to see that your works are doing well out there and people are appreciating what you are doing,” he said.

 

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A post shared by NXT KLTR (@nextkulture)

Continuing, he said, 

“Even though it has been so many years people are still valuing it years later. It’s good and it shows that you have an asset that you can always back up and bank with. Because when you look at 20 years ago, the works you’ve done and you see that people are using it to express themselves, you’d feel happy. I feel happy. “

Osita Iheme, the actor who played Pawpaw in Nollywood movies, has become memes legend. Over the last few years, funny pictures and stickers of him from his older films have been everywhere on social media. These memes are hilarious, and people use them to add humour to their online chats.

How Osita Iheme Feels About Pawpaw Memes On Socials | Fab.ng

Pawpaw’s memes aren’t just popular in Nigeria; they were even used all over the world during the lockdowns in 2020.

Here’s the thing: Pawpaw is actually one half of a famous Nollywood comedy duo called Aki and Pawpaw. His partner-in-crime is Chinedu Ikedieze, who plays Aki. Together, they starred in a bunch of hit movies way back in the day, like “Aki Na Ukwa,” “Village Rats,” and “Double Wahala.”

How Osita Iheme Feels About Pawpaw Memes On Socials | Fab.ng

Even though it’s been more than 20 years, Aki and Pawpaw are still huge stars in Nigeria. They’re living proof that funny movies and memes can leave a lasting impression!

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ENTERTAINMENT

Nancy Isime Wins Big At The Ikon Awards In Uganda

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Nancy Isime Wins Big At The Ikon Awards In Uganda | Fab.ng

Nigerian talent Nancy Isime is making waves across Africa. Her hard work and dedication to her craft were recently recognized at the prestigious Ikon Awards in Uganda. Nancy Isime was presented with the highly coveted “Africa’s Rising Star” award.

This award is a testament to Nancy Isime’s impressive versatility. Not only is she a captivating film actress, but she’s also a well-known media personality. Her ability to excel in both fields has garnered her a massive fan base across the continent.

The award ceremony brought together a star-studded cast of African actors. The celebration wasn’t just a one-man show! Popular actor Osita Iheme, widely known for his role as “PawPaw,” was there to add to the night’s festivities. Award-winning actor Ramsey Nouah also graced the event with his presence. Their attendance solidified the ceremony’s significance within the African film industry.

Nancy Isime Wins Big At The Ikon Awards In Uganda | Fab.ng

Taking to her Instagram page, the award-winning actress posted :

“AFRICA RISING STAR ✨

In order to achieve world dominance, one must first dominate their roots.

One step at a time, One day at a time, One Intentional Seed at a time.

Soon, the Global Stage will be home to Us star

Proudly Nigerian, Proudly African 👑; Thank you @ikonawards, Thank you Uganda ❤️

God remains the Greatest 🙏”

Get the latest and greatest updates right away! Join our exclusive WhatsApp channel and never miss out on exciting news again.

Actress and television personality Nancy Isime is a force to be reckoned with. With nearly a decade of experience, her talent has recently been recognized on a global stage. She and fellow actor Kunle Remi snagged the Trailblazer award at the NAACP Awards.

Nancy Isime Wins Big At The Ikon Awards In Uganda | Fab.ng

Nancy Isime’s impressive resume extends far beyond acting. She’s a captivating host, gracing the stage at prestigious award shows like the Ikon Awards in Uganda. She’s even launched her successful television show, featuring in-depth conversations with celebrities on a variety of topics.

Her journey to success is an inspiration to aspiring actors and media personalities everywhere.

The Ikon Awards is a major celebration of African achievement. Winning this award places Isime among the continent’s brightest stars.

Get more entertainment news here.

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