Learn how to invest and thrive in Nigeria's current economy
Hi readers,
We can all agree that the global economy seems to be one rollercoaster ride after another these days, and Nigeria is no exception. Inflation has been creeping up, hitting a staggering 32.7% in September 2024, from 32.2% just the month before. For the average Nigerian, the cost of basic goods like foodstuffs, gas, and other essentials feels like it's spiraling out of control. But in spite of all these, some people see this as an opportunity.
No, they’re not just making do with rising prices; they’re investing in the very assets that are causing these price hikes. How? The simple answer is COMMODITIES. And that’s one of the smartest financial moves you can make, no matter how much you have in your account.
Why Commodities, You Ask?
When it comes to surviving turbulent economic conditions, commodities are like the pepper soup of asset classes: they give you warmth even in the cold. So, unlike investments like stocks, bonds, or even real estate, commodities like agroproducts, crude oil, and gold tend to perform well even when inflation is biting hard. Why? Because they are the backbone of everything. Oil is in the fuel we need; agrocommodities are in the food we eat.
Take a walk to your local market and just ask any tomato seller. The prices of foodstuffs fluctuate because of supply and demand. But while the buyer may complain, the person with an investment in those same agrocommodities smiles to the bank. It’s a classic case of “one man’s burden is another man’s treasure.”
It’s no secret that Nigeria’s elite don’t wait for things to get better before they act. They understand that the key to wealth preservation and even wealth growth is in diversifying their investments. And commodities? That’s one of their favorite tools. From big-time rice farmers in Kano to oil moguls in the Niger Delta, those who’ve made their fortunes know how to play the commodities game.
Now, don’t let the big names scare you. You don’t have to own a rice plantation or an oil rig to get involved. There are a variety of ways to tap into this sector, from direct investments to commodities ETFs. At REKIT Financial Advisors, we’ve created innovative and accessible solutions that make it easier than ever for everyday Nigerians to get in on the action.
The thing is a lot of us spend on commodities every day. But while you’re spending, someone else is investing. Which side do you want to be on?
Recommended by LinkedIn
The truth is, every time you buy that bag of rice, or fill your tank, you’re engaging with commodities—just on the consumption side. But what if you could flip the script? What if you could take advantage of the increasing prices of these goods and actually profit from them? That’s where investing comes in. When you invest in commodities, you're setting yourself up to profit when the price of those very same goods rises.
And with inflation as it is, this is more than just a smart move, it’s a necessary one oh. Your money doesn’t grow by sitting in your wallet; it grows when it’s put to work in the right places.
At REKIT Financial Advisors, we understand the Nigerian economy inside and out. We’ve helped countless clients not only preserve their wealth but grow it, even in challenging times like these. Our commodity investment opportunities are designed with one goal in mind: helping you thrive, no matter what the economy throws your way.
Whether you’re interested in agrocommodities, precious metals, or energy assets, we have the right solutions for you. And trust me, when you see how these investments can cushion you against inflation, you’ll wonder why you didn’t jump on this train sooner.
We all know the saying, "He who fails to plan, plans to fail." With commodities, you’re positioning yourself to thrive in this economy.
So, are you ready to move from reacting to inflation to profiting from it? Let us show you how. Reach out to REKIT Financial Advisors today, and let's discuss how our commodity solutions can help you build the kind of wealth that grows no matter what.
Email us at: info@rekitadvisory.com
Or send a message on whatsapp to speak to an advisor: 07062106633