When people ask you, what do you do, what do you tell them?

I am a Legal Practitioner. I specialize in Business & Start-up Advisory, Technology & Real Estate Law. 

What does financial wealth mean to you?

It means being comfortable enough to be able to invest in start-ups, stocks, bonds, cryptocurrency or any other assets that generate wealth.

When did you start investing?

I started about 5 years ago, some of my friends were talking about owning shares with banks at the time. I was like okay, that sounded nice, and I bought shares too.  You know what is funny is after buying the shares, I left it and didn’t even remember that I did it.

I became intentional about investing three years ago when I joined MoneyAfrica. They gave tips and education on financial literacy and this piqued my interest. I started to do what they said and everything they recommended. It was Money Africa that recommended Risevest to me.

What is your experience with Risevest so far?

I have had a really great experience, I mean investing with Rise is pretty easy and it is straightforward. At first, I was very sceptical, the only reason I did it was that MoneyAfrica said it was safe to do that. I used to be very traditional with money, and I like investing when I know there’s an office to walk to.

But Risevest has outdone itself, for example, my withdrawal does not take time and they give a nudge when the exchange rate is about to get high. I also like the Rise investment group.

Tell me more about your experience with the Telegram group.

I like how responses are quick with the admin, I mean if someone has an issue, they respond in time. You know when the whole CBN issue came up, they put up a statement and were responding to everyone that had queries. They also give information about educational information, stocks and several others. 

Talking about the CBN memo, How did you feel?

I was worried initially, it was a battle between removing my money or leaving it. But then I decided that if I take out this money, I might lose the interest that had accrued. To be honest, the statement that Risevest released cleared all my doubts.

How do you approach investment today?

Before now, my risk appetite was extremely low, like zero, as a matter of fact, it was in the negative. Anywhere I cannot guarantee that I will get my money, I don’t go there. But as time went by I realised that you cannot always go for the safest options, sometimes it is in the risks that you find the reward. So, what I do now is weigh it and decide on the risks that I am willing to take. Today my risk appetite depends on my goal, for example, if I am saving up to pay my rent, I probably won’t put it in stocks, I will put it in a fixed deposit.

What is the investing hill you’re willing to die on

Don’t eat away your future, save for the rainy days. I believe in delayed gratification.

Since you started investing, what has been your biggest gain?

Most of my investment is long term, so what I do is throw it in and look away.  Maybe if you ask me this question in December, I will have an answer for you.

Have you made any losses since you started investing?

Eh eh, I have lost money, I am still even trying to trace it. There is this farm investment that I did, I wasn’t initially interested in it but my partner was like we should do it.

At the time, I wasn’t financially literate but I knew that something was wrong somewhere, because they promised a 40% return on investment for six months. I thought it was too good to be true, but my business partner was insistent that we should invest. I wanted to put  500k just to see how it goes but my partner was like no-no-no.  We put  2,500,000 and the rest is history. They promised six months, six months came and it was supposed to elapse by March last year. But they said it will be delayed to April because of the effect of COVID, but I was like COVID just literally started. Anyways till today we haven’t seen the guy or gotten a kobo. What’s funny is that there were over 100 of us that were involved.

Omoh…. what did you learn from this?

If it sounds too good to be true, it definitely is a scam.

What is the hardest decision you have had to make since you started investing?

There are days when I am in a financial strain, and deciding on whether to pull out my investment or not is really hard. You know that decision not to pull money out is the greatest when you think about it. I mean the money is mine so why can’t I use it for what I need it for, why do I need to deny myself certain benefits.

How do you feel about your investment position today?

I feel great and hopeful at the same time, and the reason is that I used to be an advocate of keeping money in the bank. Thanks to MoneyAfrica for introducing Risevest to me, imagine if I didn’t hear about Rise, my money would have depreciated badly.

I have hope in myself, in my consistency and intentionality that I will definitely get better.  I started at  zero, but I can say I am on a five and a half or 6

What is your dream investment?

I actually haven’t thought of that, but I know I want to be wealthy, I want to take wild trips to places like Bora Bora and not feel like my account is crying. 

What are you doing to make that dream a reality?

By working, I’m also trying to increase my network. When my network increases, opportunities will follow.

What will you tell a beginner about investment?

I will tell a beginner to be patient, close their eyes and remember that they’re investing for the future and the money is not going anywhere. Be intentional, consistent about it and be extremely patient. They should make investment a monthly bill (especially for business owners and people in paid employment).

On a scale of 1 to 5, how likely are you going to recommend Risevest to new users?

I have already recommended it, I am currently earning from referrals, and that is another way of earning money.  Do you know what is funny? I have a group of friends and anytime it is any of our birthdays, we gift the person a Risevest plan. On a scale of 1-5, I am confident it is definitely a 10 lol.

Thank you very much for speaking with us.