 This third session is about Investment Opportunities Portfolio and Diversification for Female, alright? So, still on Shalade Shaki, I will be coming to you. What are those investment opportunities that women can take? You said something earlier when you were mentioning quest about women's risk portfolio. I know very much that women are not so prone to taking risk. As a matter of fact, it has to be zero or literary. So, what are those investment options that are available for women to to to buy into? Alright, thank you so much to you. As a founder of an investment club and you know who has seen a lot of things in the last two or three or four years, before I start to talk about investments for women about wish life for my money, I want to appeal to everybody on this call to make out time to understand the concept of investing. First of all, I am begging you because we have seen many stories that touch the act. I have seen relationships go sour. I have seen people lose their life savings. I have been caught in my life in the last two years more than I have ever been. In fact, places I have never been to have been there because of this issue of investing. So, I would say before you start to invest, consider your financial situation, consider your goals which we talked about earlier on. Consider your age and consider your risk temperament. Now, don't invest. I mean, somebody comes to meet you, somebody who earns a million dollars comes to meet you. There's one investment somewhere. You have to give them 200,000. Don't forget that 200,000 out of 1 million is what percentage, 20 percent for that person. You, any 100,000 will not go and take your two months savings and go and put it aside. If it fails, that person still has a buffer. So, you must invest based on your investment of your financial capacity. Your goals are important. Your age is important. Somebody who is 40 or 50 cannot invest the way a 25-year-old can invest. Or somebody who is in pre-retirement phase. And of course, your risk temperament. Some people are very conservative. They don't want to lose their money. Some people are moderate and some people are aggressive. There are tiny, tiny solves in between those three categories of risk temperament. But I just wanted to make you realize that it is not just about the doing. You must know. And I also wanted to say something about investment being no risk or, you know, there's no investment that is no risk. Anyway, no. Now, we coaching was saying, yeah, some are low risk. I totally agree. But even the lowest of the lowest risky investment could actually turn up bad. For example, in Ghana, they issued some bonds recently in which they have defaulted. In Nigeria, our government will say it has seven bonds. But government can fail. Look at the case of Venezuela. So any money or any investment you do, just have it at the back of your mind that this money may come back and it may not come back. I just want to mention those things. So what are the things that we can invest in as female, as women in this age? I mean, maybe two years ago, the classes of investment I would have given would have been different. But I'm talking about what is currently happening. I know some of us are young and we still have a long time ahead of us. But this is what I would say. What asset classes would I suggest? Number one, cash and cash equivalent. Now, there are some risks, the investments are low risk. There are some that are high risk. Now, cash and cash equivalent would be like fixed deficit. There would be like your money not having mutual funds, which of course a lot of assets might even come in this offer. What it means is that low risk and then near cash. So when you make the money, you can easily say, you know what, I'm not doing again 30 days. I'm not doing again. Just give my money and you can turn it to cash. So you should have a bit of that in your portfolio. I call it your portfolio stabilizer. Do you see, when the money, when push comes to shove, you can just go back and I'm not doing again, giving my money. So that's one class. The second class is what I'll call fixed income. Fixed income asset class. And they would include things like saving bonds, treasury bills, treasury certificates. And they will tell you, what are they fixing from? They will tell you that over the next one year, you're earning 18%. I know in Nigeria they do a lot of, the DMO, debt management of his issues, saving bonds from the government everyone. You know, depending on your financial capacity, those are small things that you can start from. And then the good thing is that these days, you can even do it in dollars. I mean, I've had a dollar mutual fund running with a particular bank for the last five years and I've been building on it. Now, I'm not saying it is Euro bond. It is fixed income dollar mutual fund because those things also, they could be tricky. You do some Euro bonds and then when you want to exit, the market is something, something. This particular one is a dollar mutual fund that is low risk. So that's fixed income. The third asset class will be, will stocks and equities. And I think for the long haul, I mean, this is quite risky in the sense that when you need to exit or when you need your money, the market might be unhappy or unpleasant at that time. But long, long, long, long haul, you can buy equities. You know, either in Nigeria or, I mean, we teach foreign stocks, right? I said question, but he said, had to buy stocks. There are a number of apps that you can use to buy stocks from Nigeria, from Nigeria, U.S. stocks. And the beautiful thing is that you can even buy stocks fractionally these days. So, I mean, for example, Warren Buffett's company is called Berkshire Hathaway. And one single share is about four and a half, some $1,000 as are the last time I checked. But these days you can buy $10 worth, $20 worth every month and you start to stack it. You know, those companies that you like, I invest in companies that I use. Amazon, they saw my book, when I go to the U.S., I pay them, so I buy their stocks. I've used iPhones in the last 13 years. I have, you know, just examples. I'm not saying that is what you should adopt, but there are apps that would help you buy some of those stocks here. And then you can buy ETFs. ETFs are exchange traded phones. There's no time to go into that. You can read up on that and you can do index phones within the stock asset class. Another asset class is Real Estate. I mean, these days there are opportunities to crowd fund, right? If you can, of course, buy, learn by property by yourself, if not look for people that you can, you know, together crowd fund and do some of those things. So those are conventional asset classes and of course you have commodities. That's not even going into cryptocurrency. There are other things you can do. You can do angel invested. We have good funds together to, you know, invest in companies, startups and all of that. But practically, if I were in my 20s, these days I will do a lot of dollar mutual fund and, you know, there are funds that you can start with $1,000 and then you start to add to rating incrementally $500. I will do ETFs, good ETFs in the U.S. that, you know what, I want to hold them for the next 20 years. I will put a bit of my portfolio in cash and cash equivalence so that when I need the money, I'll always get it. But again, there's no hard and fast rule. Let me leave this as the final one. I put up a question on our Facebook yesterday. And I said, is gold still a viable investment? Sixteen years ago, I had a friend who kept buying gold. When I was doing my own shenanigans of spending, she kept buying gold. These days, she wants to travel, she just sells some, just one or two tiny ones, $5,000. So I think those are areas that we can also consider. But A, do your research, follow those who know, ask questions, invest in personal finance as the word implies, is personal. First of all, what suits you, what suits your goals, what suits your future plans and all of that. Thank you. Thank you very much, Shola Adeshaqi. You've touched on quite a lot of things that I think I would just like to highlight a few. She talked about stocks, commodities. She talked about real estate. She talked about fixed income. But one thing that stood out for me in everything Shola said is financial journey is personal. And you have to be ready to take up that journey. So we can have sessions like these and teach women financial literacy. But it's very obvious that you have to be ready to go on that journey because you need all this knowledge. Even when people teach you how to invest, you still have to read up about it. So I'm going to pick up one of the investment options that Shola Adeshaqi gave us, talking about angel investment. Damilola, you're the tech, should I say tech guru here. So talking about angel investment, how do you see angel investors as being a viable option to invest in and what are some of the privileges that this amounts to for females. Damilola. Yes, at the early stage angel investors are like, you know less is some H&I, some professionals or entrepreneurs that know they've identified this part of investment as an opportunity to invest. And they know because for this one is even the highest risk. This is high risk, high reward. They know that it is just a show for example, for VC funding at the early stage like seed or proceed. When angel investors are invested, most times they don't, it's not an equity investment yet. So they're not ready to share with them. So you see that maybe they use a safe instrument or a convertible note. So it's just paper, you just send money and then you sign. So you don't even have, you know you don't have any, then you're not going to see a city document. You're not, if you don't have any share, you don't have any evidence of having shares in the company but you've invested. And just hoping that you've made the right choice in investing in the right founder. So it's a good opportunity for female founders or male founders to access funding through their network. If you have 10 people that can give you 5K, that's already 50K and can help you take your business from maybe 100 customers to 1000 customers. So I see a very huge opportunity there. I think people now even using their community to also raise funds as well. That's also allowing your customers to be agent investors in your business as well. As entrepreneurs myself, I've also invested in a friend that has a business in the North. He has a bio gas solution. So it's just 2 million, 1 million, a couple of decade there that you can be part of a startup because in 4 years or in 5 years what that investment promises you is a possible exit either through selling the business or IPOing or even an additional funding maybe at a particular mouse where you can exit all or part of your fund. So I see it as a very good opportunity either as an entrepreneur to invest or as a founder that wants to get funding. I think there are also platforms get equity now that individuals can go on take maybe like 10,000 naira, 20,000 naira and be able to invest in businesses by processing that fund together. So yeah, it's a good opportunity to be part of VC funding. All right, thank you so much Dami. I see some of the opportunities or advantages of being an angel investor and from what Dami said there's no amount to lead to. So it's like you put in money somewhere there are risks to it definitely but then in the long run your money is working for you in terms of equities. So talking about funding Dami Lola I want to take you for that in terms of funding because we don't just have entrepreneurs listening to this session we have startup founders as well. So for short last you raised 1.6 million dollars sometimes in 2021. So how would you advise a startup founder a female now trying to raise funds how do they attract this investment opportunities to themselves? So I mean knowing my own journey I know and every person's journey is very peculiar to them you don't have to there's no one way that fits all right. My own journey I tried to raise funds at the beginning I couldn't get funding and so I got 3 million naira I won a competition so I got 3 million naira in grants that was kind of like our first seed funding although we started before the 3 million naira and along the line we also got some grants right so that allowed us we've already generated that funding already in revenue before we even went to raise funds so I'm a believer of turning your customers to your investor because when you when for you for seeking for investment I do not also like when you know founders are the messy of the investors you should not be desperate to get money you know from investor because it can easily be cheated because business is already hard doing this Nigeria is already hard you know solving a problem that nobody has solved is already hard so bringing in an investor that you don't have probably the same aligned values you know that maybe wants to control the business or control the founders would just frustrate you know the founder and probably lead to the demands of the business so I will say that you should number one thing is to get good traction and getting traction number one is revenue and recurring revenue not okay that you have revenue in January and not sure if you I mean February is not yet is not sure you know much is not sure you used to have recurring revenue and recurring pay customers that's when you know that you have a viable business if you have an app you know and you have a website you have a nice pitch deck but you don't have you know pay customers you don't have revenue is not yet a business and with what maybe if you are in Silicon Valley maybe you call this won't happen with the the teleco system maybe right now maybe may not even get money but maybe in the family like five years ago they might fund ideas or maybe love the ideas but right now with all the economic downturn with what is happening in Silicon Valley happening in the teleco system people are now investors are even looking asking for show us the past profitability is no longer about you can the emergency metrics I have one million users I have 20,000 downloads I have 50,000 where please show us the money you know so the the traction is very important in hitting and attracting the right investors there are other things that investors also look at you know the the team right they don't also want you know a key man risk because they are investing so much in you they don't want the social money but when somebody is not available the whole company fails right so the team is also important also the problem that you are trying to the business idea how big is that market and how is that business solution a panadol or is a is a surgery to a problem you know I heard this yesterday right how important is this problem and how big is that market that will also determine the type of investors you attract and the type of amount as well you will be able to attract as well I think those three points will help you know any founder here to really you know position themselves for investment and I will say you know lastly about discipline from day one you know we ensure that all revenues we are passing through our business accounts you know if you know if you cannot most times because also when you say oh women don't know their numbers they don't know their revenue they don't know their margin they don't know it is very simple you know cost is selling price minus minus cost price is equal to your margin you know you need to know the unit economics of your business if you don't if you ever sell ask you don't want to give you 20 million and they ask you how much did you make last month you don't know how much did you make last last year you're not sure how much was your margin so how do you want them to be confident that they give you 1 million naira you can turn it into 10 million naira so these are the small small things that you know we as you are female founders or male founders need to ensure that we put together and to prepare us you know for investment all right thank you so much Dami Lola for sharing that experience major lesson to be learned there I think it's the fact that don't run ahead of your pace there are steps to raising funds and you must ensure that you are at that right point where you are where you are expected to raise fund before you start raising questions about raising funds and she said something about ensure you have consistent inflow of revenue right and then you also have customers before you start raising funds so we are we are wrapping up very quickly start sending your questions into the Q and A chat box so we take one last question from Sholakwe so Sholakwe I will come to you very quickly and this is like a final question before we go into the Q and A session and this is bringing down this conversation to everyday women's struggles right we have women face responsibilities siblings here and there family demands and of course you still have to keep up as a woman to look good and like they said like they say it always goes it's someone that has eaten that we will be thinking of investment right so how can women think of long term investment or what can they do what measures can women put in place to save on a long term considering the fact that the revenue or resources are not always available very quickly Sholakwe because as it starts from where you are right most of the time when we look about making income we typically look at it I see people say because I don't even have anything and I can go on a list about 10 things that you can do you know without zero naira without zero cobalt I see people on social media it comments on almost every post and all of that we have that data yet you still complain that you broke on that same social media you can drop ship for instance right you get you establish a supplier you keep putting them on your WhatsApp status on your Instagram you identify buyer a buyer piece the payment is X plus one you pay X to the supplier the loan becomes yours right so there are tons of opportunities out there then speaking about diversification I also consider diversification in investment as a good way of managing risks and as said by the other panelists you know you have to examine your own risks typically the rate the risk works it's a converse you know way most of the time with investments they hire the returns they hire the gains so at the risks right I'll say that when you are still young you know try as much as possible to you know if you can and depending on if you're young you know you can you know participate or still diversify in such a way that okay you have some for instance stocks risky assets for instance but have some of those and all of that but the moment you are going into your retirement faces and all of that you want to be more careful you know and all so I would just say essentially that yes in making the funds you don't necessarily have to have a lot of money you can start from where you are and start piling up and then in managing you know your portfolio always always have the risk the risk factor in each asset you are considering always have that in mind all right thank you very very much Shellakwe if you will agree with me it's been a really interesting and insightful question but then we have a whole lot of questions to answer in dq and a yes so we already have a first question already someone is asking this question and she said he or she just put an animal she doesn't want us to know he or she to know our name but the person said please ask the speakers where kind of person of the age of 39 years old begin to invest her money into so Shellakwe Dabla Lai I don't know which one of you like to take up that question she wants to find out where she's 39 so where can she begin to invest her money into well so this person to me sounds like someone who and I hope I'm correct who is you know quite new to the world of investing so I'll say that don't go it alone join investment communities investment clubs smart utilities one her best is one though we are more we create we offer more of the truth but trust me smart sales does more of the hand holding so regardless of whichever one you join you know you are best you are in great company and you can be assured that you be guided you know towards investment that you can participate in we said it also I'll just take to that person that you know I want to start with fixed income it is safer you know it is safer for a starter you know like yourself so look at you know mutual funds around you bonds treasury bills and all of that and even though people will still say you know call investors to tell you that no matter what every investment has a form of but as those are you know assets that have proven through the years that you know your capital and the gains on it is not eroded in any way all right thank you so much Shalakbe that there's actually no right age to start saving there's no age too early there's also no age too late so you can always start from wherever you are so we also have a question here is it safe to save without a goal considering the fact that you're disciplined with your saving I'd like Damilola to touch on that is it safe to save without a goal to save without a goal yes I mean I mean like what I said earlier I feel like we are driven by our you know like a goalpost you know I took part in a game where you know they there's a puzzle right and they remove the the image that we're trying to put together when you move the the image you you really scramble you don't really know what you're doing when you give it the image they are trying to put together then you know what you're trying to do and in five minutes you start to put this together that's the same thing about life like if you don't know what you are aiming for you would not really be able to measure or know if you're growing you're not growing so I think that the best thing is to have a goal and so that you can know if you're going towards your goal or if it's reducing or if you're increasing or if you're growing or not so I think the best thing is to have a goal towards savings towards investment towards running a business towards everything in life okay all right thank you very much thank you Damilola I think it's going to be the last question because I have to round up this session before the 12 o'clock bulletin so we have this question so Shalakoy I think you just help us answer this question the question is has a single mother with children I recently got to know about setting up a living trust has a form of investment that could help generate financial security for my children I'll very much appreciate your thoughts on this is this a safe option in Nigeria and what are the risks okay so I saw this question and you go with Curios the way it's presented here it sounds like it's an investment tool or an investment instrument however living trust is simply you know illegal documents or illegal arrangements that you make while you are live to say okay this is how I would want my you know assets all that I have distributed amongst you know my children or whoever I want to pass them to so just look at it like a will that you do and that you know activates while you are still alive you don't like a will that you need to pass on before a will becomes active so if that is the case yes certainly there are so many you know trustee funds that are offering these services so you simply need to work into most of the financial most of the investment funds out there have trustee you know desks so you just have to work into one and you know get the conversation started but living trust by itself you know does not you know generate you know as much investment is not a tool for you know generating inform as such I hope Shola do you want to pitch in there yeah I think you've pretty much captured it trust is one there are also target savings for example my first son is 15 and he's going into uni next year 15 yes he's going to buy sometime next day yes he's going to get into uni and we had started like a target savings for him a couple of years ago so target savings would also help to say you know what my daughter my son is this is this in a couple of years you know so trust is one target savings is another and I think that I mean getting information there are a couple of asset management companies that provide specific products products for children and they'll be able to help I don't want to mention names but you do your due diligence you know ask questions and you're able to you know get information about some of these things and in addition to all of I just realized that you know we all have talked about investing Damilala has talked about engine investing our own businesses might also be some form of investment I mean this is outside of the question sometimes starting our own businesses might be a form of investment as well you know things that will be able to pass on to our children things that will be able to impact the world of course provide revenue provide profitability for us but I just thought to mention that that is also some form of investment and that's why you see Damilala you see shall I can you see myself I mean the reason people are hearing about us is because of the businesses that we have started not necessarily because oh she has worked with this company or has worked with that company so think about it also and you know just I just thought to mention that in addition to the question about children I see people asking how do I join just go to Instagram check out smart city words check out shall I dish I can I think you should follow shall I quay follow short lines follow her rest follow our video handles follow our business handles as well there are tons of things to learn the women you see here and the women that in 10 years you are ah she was on a webinar you know forms list of richest women in the world shall I quay shall I interrupt you we have about three minutes to wrap up this this entire session time was really good so yeah yeah thank you very much to our panelists I mean we could go on and on but unfortunately we don't have the old days so please follow all our panelists you can follow shall I quay I think we will at full shall I quay I think we will then for shall I dish I can it's a shall I dish I can for that Milala it's at dammi o lo kay yeah I believe that's correct and also follow Naira metrics across all social media platform and we've been talking about money and investment Naira metrics as a deal book which is a compilation of all deals that happened in 2022 the link is been dropped in the chat box so you can download that also shall I has a book on 40 frugal rules for your financial journey please get the book the link is also being dropped in the chat box also shall I quay as a book an African guide to women's building generational wealth a book is titled stripped so you also want to get that as well and of course shut last is a transportation company that help corporate organization with the ease of moving around the link to their side is also being dropped in the chat box and of course we are here in the studio at plus tv for me you want to talk about plus tv africa very quickly before we round off so it's plus tv africa on all platforms on facebook on twitter on instagram on all social media kind of things and please also follow us on youtube as well and that's a wrap for today that's all we can take I really wish you could extend the time really awesome time I've learned so much my notebook is is full with so many things so thank you again to all our panelists thank you to our partners nirometrics it was a fantastic one we should surely do this again again truly and to all our listeners and viewers enjoy the rest of your weekend thank you bye bye