How A 28-Year-Old Who Retired With A $2 Million Net Worth Is Investing In 2017-Maya Kachroo-Levine

I cover personal finance and money issues millennials face.

Opinions expressed by Forbes Contributors are their own.

In 2016, JP Livingston celebrated her 28th birthday. She also retired. Last month, I spoke with her about how she was able to retire, despite the fact that she only graduated from college about seven years ago. JP (a pen name she goes by on her blog, TheMoneyHabit.org) was able to retire because of her high earnings, lofty savings goals and disciplined investment techniques. Her investment strategies are part of what allowed her to build a net worth of about $2.25 million. 
With less than a week left in the year, so many of us are setting goals for the new year, which includes figuring out an investment plan for 2017. Deciding on investment strategies or goals can help us figure out what we want our long-term financial picture to look like, and shape our budget for the coming year. When laying out an investing plan, who better to learn from than a woman whose investments boast high returns, and who retired before 30? In our Q&A, JP discusses her personal 2017 investment plan, and provides useful insights for investors looking to build their nest egg more aggressively. This interview has been edited for brevity.

Image via Pexels

Maya Kachroo-Levine: You've had investments of over $1 million yield a 13% return ($130,000) in just one year. Can you speak to your investment strategy that year, and can you walk us through your 2016 investment strategy?
JP Livingston: My investment strategy for several years has been a twist on a broadly discussed strategy to go long on equities.
Many financial experts (those who aren’t compensated for getting you to invest a certain way) will tell you that if you are young and in the wealth accumulation phase of your life, to consider parking your money in a low-cost index fund, for example, Vanguard’s Total Stock Market Index Fund (VTSAX).
There are a few key arguments for this strategy. First, it’s a nice hedge against inflation because the companies in the index are presumably raising their prices with inflation; since companies are valued on a multiple of revenue or profit, this will be captured in the growth of the stock market.

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Secondly, and most importantly, is that it’s hard to argue with its results. The compound annual growth rate for stocks on the S&P Index for the last 30 years has been 11%. There are very few if any opportunities available to us regular individual investors that can top that kind of return for the risk. (Note: you’ll get an entirely different view from hedge funds or mutual funds. They believe they can beat market returns and so they charge high fees for their time and efforts. A few of them are worth it. Most of them are not).
Kachroo-Levine: What are you planning on changing about your strategy in 2017?
Livingston: As a retiree, steady cash flow is going to matter more to me than it has in the past. There are only two ways to make money: appreciation and income. Stocks, for example, are about appreciation—you make very little money on a regular basis (usually a puny 1%-2% in dividends), but a year or two or three later, you can sell it for much more than you paid and pocket the difference. A heavily appreciation-based strategy, like going 100% into index funds, will no longer meet my needs.
Income-based strategies, by contrast, put a steady paycheck in the spotlight. Bonds are generally purchased for the interest they provide. Sure they can appreciate or depreciate in value, but the bulk of your return from a bond comes from the monthly or quarterly dividend it pays.

Culled from Forbes woman

African-led Startup, She Leads Africa, Rings Closing Bell on New York Stock Exchange

Digital media company, She Leads Africa (SLA), recently became the first African startup to ring the closing bell at the New York Stock Exchange (NYSE).

As part of the NYSE’s outreach programme, the American stock exchange invited the firm co-founded by Ms. Yasmin Belo-Osagie, daughter of Nigerian business mogul, Mr. Hakeem Belo-Osagie, to highlight SLA’s success in 2016 in delivering business and career advice to 200,000 millennial, urban and engaged African women through in person workshops and digital training.

The NYSE is the world’s largest stock exchange by market capitalisation at US$19.3 trillion as of June 2016.

According to a statement from the digital firm, the closing bell ceremony was featured on the NYSE website and on television networks such as CNBC, Bloomberg TV and Fox Business News, reaching 150 million of viewers worldwide.

SLA co-founders joined other notable leaders such as former South African President Nelson Mandela, former United Nations Secretary-General Kofi Annan, and African Union Chairperson Nkosazana Dlamini Zuma who have had the honor of ringing the closing bell on the NYSE.

In 2016, SLA recorded significant growth by investing in local professional development events and enhancing the educational offerings available online.
Over the past year, SLA grew its community by 600% to more than 200,000 women across more than 30 countries and five continents.

To provide their community with additional opportunities to connect with business leaders, SLA took their SheHive bootcamp on an international tour hosting learning events in seven different cities in six countries across three continents.

SLA also worked with prominent global brands such as Huawei, Facebook and Guaranty Trust Bank Plc to help them connect to smart and ambitious African women.
Ms. Belo-Osagie was featured in a Microsoft commercial in the United States, United Kingdom and Australia and in two weeks of airing drove five times more digital return on investment than any other ad in its industry.

In 2017, SLA is planning to expand their digital offerings to introduce short form web series’ and podcasts to show the unique, inspiring and educational stories of African women across the continent and diaspora.

SLA will also be launching the SLAY Festival in January, to create a larger platform to put African women at the center of culture, innovation and technology.

Thisday

How policy flip-flop, recession jolted sector in 2016 -By Ujunwa Atueyi

Adamu Adamu, Minister of Education

Many who thought President Muhammadu Buhari’s first budget since coming on board would rub off on the education sector have been disappointed as policy flip-flop, forex scarcity, recession and sundry factors jolted the sector in 2016. UJUNWA ATUEYI chronicles some of the issues that shaped education in the outgoing year. The year 2016 began with a bit of hope and a reasonable dose of scepticism, especially with the N369 budgetary allocation to the education sector, which was the largest sectoral allocation, after that of the Ministry of Works, Power and Housing.
Indeed it was the belief of some stakeholders that there would be remarkable breakthroughs in the sector, in line with the change mantra of the incumbent administration. That was not to be as several issues, ranging from political, social and economic ensured that these expectations never really came to fruition.
Budget padding
One of the first issues that jolted the sector was the Senate’s discovery of the sum of N10b hidden in the education budget. The Senate Committee on Education, which made the discovery, claimed that the sum of N9, 982,258,479 was “hidden” in the budget of parastatals, by the Federal Ministry of Education.
Sack of vice chancellors
The Federal Government’s abrupt sack of some vice chancellors, and the appointment of their replacements without following due process raised dust in the sector. Some of the affected schools include, the Federal University Dutse; Federal University Dutsin-Ma; Federal University Kashere; Federal University Lafia; Federal University Lokoja; Federal University Ndufu-Alike; Federal University Otuoke, and Federal University Wukari, without following the due process.
A brief statement signed by the Minister of Education, Malam Adamu Adamu simply said that Buhari had approved the appointment of new vice chancellors for the affected universities.  Lots of civil society groups, as well as the House of Representatives Committee on Tertiary Education, disagreed with the government over the decision, which also saw governing councils of the affected universities dissolved.
President’s apology
Reacting to stakeholders’ concerns and criticisms on the sack and immediate appointment of new vice chancellors with total disregard to universities’ extant laws, Buhari formally apologised to Nigerians saying, “We gave a blanket order, which we had to rescind when we said all boards are suspended or dissolved. We had to go back and lick our vomit in terms of universities’ councils because we found out that according to their laws, they cannot choose vice chancellors unless the councils sit and interview candidates who want to be VCs.

“So, there is nothing wrong in saying sorry and going back on your decision. So, we said sorry and allow all the universities to continue with their councils. So, please try to bear with us as we reflect on where we found ourselves.” ASUU demands exemption from TSA
The Academic Staff Union of Universities (ASUU) challenged the government to exempt universities from the Treasury Single Account (TSA) policy, saying the scheme was already grounding academic activities in public institutions.
ASUU Coordinator, Lagos Zone, Dr. Adesola Nasir, one of the union’s officials that spoke on the matter said the policy was not only slowing down operational pace at the universities, but also capable of eroding institutional autonomy.
Emeritus President/Vice Chancellor, Babcock University, Ogun State, Prof. James Kayode Makinde, also described the (TSA) policy as an incongruous aberration, which negates the core obligations of university education in the country. TSA was introduced by the government to check corruption in public outfits.
Violent protests in varsities over poor municipal services
Violent protests rocked some Nigerian universities over poor municipal services including electricity supply, water and transport services. Affected schools include University of Lagos (UNILAG), Adekunle Ajasin University, Akungba, Akoko (AAUA), Ondo State, University of Port Harcourt (UNIPORT), and Benue State University (BSU).
Ban on forex for education
While Nigerian students were protesting over poor municipal services and sundry issues, their compatriots schooling abroad were also in a quandary over the scarcity of foreign exchange for their upkeep and tuition. This was in the wake of the Federal Government ban on foreign exchange for that purpose. Buhari in an interview in Qatar said the government cannot afford to sell forex to parents seeking to fund their children education abroad. He said the high demand for forex by affected parents for the payment of their wards’ tuition abroad was putting unnecessary pressure on the naira, which in turn affects the country’s economy. Nigerians spend $2bn on school fees abroad yearly.
The sexual harassment bill
The sexual harassment bill, now law, is one issue that raised a lot of dust in the sector in the outgoing year. Championed by senator representing Delta Central, Ovie Omo-Agege, the bill received the support of many senators and groups, who co-sponsorship it.
The law prescribes a five-year jail term for any lecturer who sexually harasses a student, while heads of institutions of learning, where such activities take place would be held liable too.
With the proposed law, vice chancellors of universities, rectors of polytechnics and chief executives of sundry institutions would go to jail for two years for failing to act within a week of complaints of sexual harassments.
Increase in fuel pump
The removal of subsidy from petrol, by the Federal Government in May added to the burden of many schools in the country. With the country perennially in darkness owing to constant power outage, education providers were forced to jerk tuitions and sundry charges in their schools.
Proscription of Post-UTME, second interview test by NECO
Not long after the government proscribed the Post-Unified Tertiary Matriculation Examination (Post-UTME), which it said was irrelevant, the announcement for the cancellation of the second interview test, conducted by the National Examination Council (NECO), for admission into the 104 unity schools followed in tow.   It comes into effect from the 2017/2018 academic year.
FG bans PTA levies in unity schools
Following the National Parents and Teachers Association of Federal Government Colleges (NAFTAFEGC) protest over alleged school fees increment in unity schools, the Federal Government banned the collection of development levies by the Parent-Teacher Association in unity colleges across the country. The measure, according to the government, was to alleviate the sufferings of parents and the generality of students.
Nigeria in the league of non-achievers
The United Nations Educational, Scientific and Cultural Organisation’s (UNESCO) report in a new edition of The Global Education Monitoring Report (the GEM Report), confirmed that Nigeria will achieve Universal Primary Education (UPE) in 2070; Universal Lower Secondary Completion (ULSC) in 2080 and Universal Upper Secondary Education (UUSC) in the next century.
But stakeholders though sad with the development were not surprised at the report. The way out according to them is for government to match words with action.
Govt unfolds education sector reform roadmap
A roadmap for the sector titled, “Education for Change: A Ministerial Strategic Plan (2016-2019), was launched within the year under review. The launch of the draft by the Federal Government indicated the commencement of yet another journey to bring the sector out of the woods. One of the areas of focus is vocational and technical training, but stakeholders are of the view that political will, faithful implementation, human capital development and constant infrastructural upgrade, remain the bulwark of a workable roadmap, and not how robust the document is.
Abolition of sub-degrees, diplomas
The National Universities Commission announced the ban of sub-degrees and diplomas in Nigerian universities, and also instructed universities to leave the running of such programmes to polytechnics and concentrate efforts on producing human capital in the core undergraduate, part-time and postgraduate courses.
ASUU issues stern warning to govt
Academic activities in Nigerian varsities for grounded for a week as he ASUU embarked on one-week warning strike. National President of the body Prof. Biodun Ogunyemi, expressed dissatisfaction with the poor funding of the sector, through low budgetary allocation, which dropped to eight per cent in 2016 from 11 per cent in 2015.

The failure of government to implement the 2009 agreement, and the 2013 Memorandum of Understanding (MoU), are some of the reasons the union downed tools. Schools in the throes of recession
Education managers in the country were unanimous in their conclusion that the ongoing economic recession has impacted negatively on the running of primary, secondary and tertiary institutions in the country. One of them, Vice Chancellor of Obafemi Obafemi Awolowo University, Ile-Ife, Prof. Anthony Elujoba, said that recession is affecting the provision of essential services as well as the effective running of universities.
His counterpart at Redeemer’s University, Ede, Osun State, Prof. Debo Adeyewa, advised President Buhari, to seek the services of tested economic experts to help him steer the country’s economy out of recession.


Culled from Guardian

The Secret to Success in Retirement- Odunze Reginald C

  

Henry Ford said “Think you can, think you can’t , either way you will be right” and according to Robert Schuller 1988 “ I can ! Said the retired postman.  He was a rural mailman for twenty years” Schuller (1988:64)

But when retired after two decades of postal service in Makanda, Illinois Wayman has acquired a small pension and $1100 savings. His travel company does nearly $7 million in sales a year with Presley Tours. How does a retired mail man become a prosperous businessman and according to Schuler, he did it by believing in himself and his abilities and by making people happy. Schuller (op cited)

But in my own opinion Wayman succeeded because he was doing what he loves most, and he has a positive mental attitude. Positive attitude in life is that all that matters and secondly doing whatever you have been assigned to do with dedication and happiness irrespective of how much you are paid. According to research it has been discovered that people who continued whatever they spend many years doing are more likely to succeed than those who change vocation, job after retirement.

On how many people fail during retirement, is a function of their ability to kick starting whatever they are used to even on a smaller scale during old age. Old age comes with it issues, problems, non  acceptance , health issues and  a disconnect with current happenings in life, there is also the generation gap, and so doing what you love most or whatever you have been doing most is the key to survival. So a retired policeman, or army officer can comfortable operate a security outfit and consultancy.

And how Wayman did arrived at that, “one day someone said to him” I would love to see the ocean. That simple wish enthusiastically  expressed to Wayman led to a tour of 546 people to Miami Beach , Wayman made $120  and had such a good time that he decided to go into business” Schuller op cited.

But from my interaction with retirees within my six years in pension industry, I want to believe that what drove Wayman was not the money but the actual sharing of one’s thought and deepest hopes fulfilled. And as Chinua Achebe will say the sharing  of one’s thought and deepest hope fulfilled can drive human beings to success. And the keen desire to return and do what he was doing before was the actual driving force for Wayman Presley.

It has been proved that people always wish for what they don’t have, I believe that Wayman was looking forward to his retirement during his working career but it did not take time for him to realize that he could have love going back to work may be after staying for the initial period of six months. That is the irony of life. The irony of life is that people tend to be what they are not, that is why you see the whites sun tanning and the blacks bleaching.

What this is indirectly saying is that within the working career ,work with zeal and dedication, know all that you need to know about the job, because you may never can tell, that you are indirectly  developing a business for yourself during old age.

In an article captioned “You may never retired” that appeared in wall street journal it states” that sum sizable number of retirees  may continue to work after retirement due to so many reasons like their pension pot  was not enough, they were ripped off  of the retirement savings and majority because they love what they do.

And according to Walter Updegrave in an article captioned “ Three Little mistakes that can sink your retirement,  which appeared in Yahoo Finance it states that “It’s almost become a cliché. Virtually every survey asking pre-retirees what they plan to do in retirement shows that the overwhelming majority plan to work. Indeed, a recent Merrill Lynch survey found that nearly three out of four people over 50 said their ideal retirement would include working. Which is fine. Staying connected to the work world in some way can not only offer financial benefits, it can also keep retirees more active and socially engaged”

But a more interesting story was the story of life of Mary Calendar, “Mary was making potato salad in an inn in Los Angeles during world war 11, her boss asked her to make pies for a large crowd. That was the start of a new career for Mary” Schuller (op cited). Continuing he stated that in 1948, she and her husband sold their car, to buy a refrigerator and an oven “in 1964 they open their first pie shop in Orange county and by 1986, they sold the family business about 115 restaurants to Ramada Inn Inc for $90 Million “What a tremendous accomplishment as that business may be hitting 2 billion Dollars in 2014.

Finally life during retirement is a great and rewarding life and what you make out of it is a function of the zeal, knowledge and experience, you acquired during your working career and when you are happy you are more likely to live long, and others will be jealous of your state and according to Dave Bernard in an article captioned “Finding Retirement state of mind”  which appeared in US News .he stated that “they appear to be genuinely happy with their state of affairs and making the most of each day. When you ask about their retirement experience they shine a genuine smile and are happy to regale you – often at length – about how wonderful it is to be in their shoes. Their happiness is infectious and you may find yourself caught up in their joy. Although it is safe to assume not everything is perfect in their world, their overall outlook is positive”. But when these are lacking, the retiree may likely not live long, thereby prompting others to fear retirement.

 

Odunze Reginald is the Lead Consultant, Chareg Consulting, a management and marketing  consultant  a social media and social marketing consultant , you can visit our twitter anchor @dunzreg, find us on Facebook @ Reginald odunze and reginaldodunze.com, at google+ @ Reginald Odunze and at Linkedin@reginald odunze.

 

The 4 major factors that may derail a happy Retirement ?- Odunze Reginald C

INFLATION

According to investopedia, it stated that “Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of a good or service”.  While Wikipedia noted that “In economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.”

And according to Wikipedia, Nigeria’s inflation rate stood at 8.3 percent as at July 2014 and as at December 2014 stood at 9.2 percent according to Trading Economics, the country of Venezuela has the highest inflationary rate of 60.9 percent as at May 2014 while Italy has the lowest inflationary rate of -0.9 percent as at July 2014 according to Wikipedia. But the recent study keeps the inflationary at 17.9 percent as at September 2016 and as at October 2016 to 18.9 percent, the highest.

And according to Trading Economics in an article titled ” Nigeria Inflation Rate  1996-2016" they noted that

“Nigeria's consumer prices increased by 18.3 percent year-on-year in October 2016, following a 17.9 percent growth in the previous month and above market expectations of 18.2 percent. It was the highest inflation rate since October 2005, as prices for food continued to rise. Annual core inflation rate went up to 18.1 percent, the highest since January 2007. On a monthly basis, consumer prices went up 0.8 percent. Inflation Rate in Nigeria averaged 12.24 percent from 1996 until 2016, reaching an all time high of 47.56 percent in January of 1996 and a record low of -2.49 percent in January of 2000.”

But according to Michelle McGagh  of citywire.com she observed that “Pension savers are still in the dark about the impact the ‘inflation switch’ brought in by the government two years ago will have, despite the possibility that it could wipe 25% off their retirement income.” They went on to say that “Research by human resources business, Aon Hewitt shows Brits do not understand what effect the switch from the retail price index (RPI) to the consumer price index (CPI) has had” .
The article went on to say that “Two years ago, the government announced plans to move the indexation of pensions from RPI to CPI. It did this because CPI rises a lot slower than RPI, as the latter includes housing costs, so it means the state pension will rise more slowly, as will public sector pensions, costing the government less money.  When it comes to private pensions, the amount they pay out could also increase more slowly as many are tied to inflation, and would have adopted CPI instead of RPI.”

Although the article based their research on the situations in Britain, but the aftermath of globalization does indicate economy does not exist in isolation stressing that  what affects one economy will definitely affects the other. And according to Nathalie Bonney  in article captioned “How rising inflation can destroy your pension” which appeared in money observer, the article noted that “Anyone who has bought a fixed annuity [which provides a regular income for life] could see the value of their pension erode significantly over time,' says Dr Ros Altmann, director general of Saga.

She adds: 'The longer they live, the poorer these pensioners become, as the real value of their fixed pensions is reduced by inflation.'
So how does inflation affects your pension pot?  Nathalie noted that “Any cash savings are hit because the low interest returns on savings accounts cannot compete with the rate of inflation. Pension pots face a similar challenge with money losing value over long timescales”
If inflations are hitting Europeans and American who at times have negative inflationary rate what happens to Africans with one or two digits inflationary rate.
What it portends is that your pension pot may not carry you through during retirement. This is because during period of inflation, what N100, 000 can buy in previous years may not purchase up to N 75,000 during period of inflation. How then do you protect your pension pot during inflation? You may have nothing or less to do to protect your pension pot during inflationary period.  But the decision you take in either choosing programme withdrawal or annuity will offer the necessary succor.   Because those who are more likely to be hit by inflation are those on annuity as they have a regular income without investment, as the investment that comes into their pension ; go to the pool of fund and not the annuitant; although they may continue to receive pension throughout their life time, but the value over time may be eroded by inflation.
What happens then, when the situation described above hit the retirees, coupled with the delicate health nature of men and women above 65 years? Will it shorten their lifespan? Will it impact negatively on them? Definitely yes, but the survival of the individuals involved is a function of their ability to absorb situations and their mindset, for those who have positive outlook; it will definitely not affect them.

Fraud

Avoid financial scam According Sheiresa Ngo of the wall street journal , she noted that “Unfortunately, seniors are often the targets of financial scams. The FTC recently refunded more than $2.4 million to investors who were tricked out of millions of dollars in a precious metals scheme. The FTC says many of the victims were senior citizens”

Schuller (1988:112) noted that success without social respect can be an ultimate and dismal failure.

Old age has one problem according to psychologist, it tend to make old people vulnerable to issues of money making, as they have dream idea of trying to achieve what they fail to achieve during their working career. They now want to achieve it     during old age and by so doing enter into one wrong investment decision or the other.

Whatever they have not achieve they tend to believe that retirement fund will afford them that opportunity, by so doing they enter into wrong hands who will fleece them of their hard earned money. The result is that most of the retirees return back to work in order to survive and enjoy their old age. But what these scammers do not know is that wealth do not bring happiness as it is stated in Ecclesiastics 5 verse 10-11 “ How absurd to think that wealth brings happiness, the more you have, the more people come to help you spend it and  continuing  in Ecclesiastics 5 verse 12, 14, it sates “ But the rich are always worrying  and seldom get a good night sleep” Riches are sometimes hoarded to the harm of the saver, or they are put into risky investment that turn sour and everything is lost”

And continuing in Ecclesiastics 5 verse 19 and 20, “And it is good thing to receive wealth from God and the good health to enjoy it” “To enjoy your work and accept your lot in life- that is indeed a gift from God, people who did this rarely look with sorrow on the past, for God has given them reason for joy”.

And so in making wealth, it is pertinent for us to have that God given joy that gives one  happiness- a lasting happiness.

Anything short of that may not augur well especially for con artist as Robert Kiyosaki in his book Rich dad Poor dad, noted that there are so many ways, one can be rich, and he included the following, through inheritance, playing lottery, investing or by being a crook or an outlaw but there is a price, you risk going to jail. Kiyosaki  (1995:351) continuing he stated that ‘A great story must interest , excite and cause people to look into the future and dream a little, there should also be integrity behind the story, because our jails are filled with great story tellers without integrity”.

Health

The desire of every pensioner is to take care of his or herself during old age, but is it  the  retiree financially stable to shoulder such responsibility , bearing in mind that the period 60 and above comes with various lingering issues including medical health problem.

The medical and health challenge is of varying dimensions, high blood pressure, stroke, obesity, heart attack, cancer of the breast, prostate cancer   that and other medical issues comes with old age.

With the developing state and coupled with the inability of the African governments to have a viable medical programme for old people as prevalent in other continents like Europe, North and South America, Asia , Australia etc. Africa countries with the exception of few African countries like South Africa, Egypt etc have not been able to develop a medical programme for old people and senior citizen. Even where it is said to be existing, there are bottlenecks, corruption and other vices militating against it.

So what do they do in such economy where there are little on non existing medical program for old people, what will the old people do in such a situation, will they resort to the little or no  contribution of their pension pot.

Investment decision Tom Macphail in 10 costly Pension Mistakes noted that “If you have a pension, have you ever reviewed it? Millions of people haven't. Moreover, recent research revealed more than two in five adults (41%) - 8 million people - cannot remember how their pensions are invested. Why is that alarming? Performance can vary quite dramatically across investments and even a seemingly small difference could have a significant impact on the size of your pot” Continuing he stated that these are just projections. Investments will not always go up in value, they also go down, so you could get back less than you invested; what is certain is that they won't perform as predicted. Also, these values are in today's terms, without considering inflation, which will reduce the spending power of your money over time “According to several researches, people invest for two basic reasons; they are follows, to make provision for old age and to be wealthy. Being wealthy is a function of the state of mind of the owner and the generosity of the individual.

So many people cling to their money as if their life depends on it. While some are willing to give almost half of their possessions but that is not our subject of discussion.

Venita Van Caspel according to schuller noted  while studying investment “heard a very startling statistics of every people reaching age 65, only 2 percent were financially independent” continuing  Schuller op cited opined that Venita was raised in a Christian home without money, which she claims gave a health respect  for a dollar.

From the startling revelation, it all means that many are bound to fail should they kept deaf ear to investment.

What the article is saying is that apart from your pension contribution, you can also embark on one or two investment instruments to protect your age.

And in embarking on investment, it is wise to consult the professionals in that field, these investment advisers, analyst is able to study trends and be able to make informed decisions to that effect.

Odunze Reginald is the Lead Consultant, Chareg Consulting, a management and marketing  consultant  a social media and social marketing consultant , you can visit our twitter anchor @dunzreg, find us on Facebook @ Reginald odunze and reginaldodunze.com, at google+ @ Reginald Odunze and at Linkedin@reginald odunze.