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Before Your Invest Your Money, Ask These Questions!

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The idea of investing your money is awesome. Having your money make more money for you is appealing, isn’t it? We’ll be the first to agree, but we’ll only remind you that some things are too good to be true.

Investing your money is serious business. You worked hard for that money, so don’t take anyone’s word as law before making an investment. Make some research, ask questions, and don’t ignore those niggling feelings of doubt. Here are some questions to ask before investing your money:

How does it work?
Image result for confused

Ponzi schemes usually can never explain this bit satisfactorily. At this stage, they just gloss over some very important things, and draw your attention to the amount you could be making instead. Ask questions till you know how it works and are satisfied that it’s sustainable. Don’t invest in something you don’t understand.

What’s the risk level?

Sometimes, people lose money on investments not because it was a fluke, but it was possible that they didn’t pay attention to the fact that theirs was a high investment. Some high risk investments return the investor’s capital in the event of loss, while many others do not offer this guarantee. It’s a good idea to find out before investing your money instead of after doing so.

Is it too good to be true?
Investing your money

This is a great question to ask, because if you think it’s too good to be true, then it probably is. Those ‘investment opportunities’ offering you some really high interest rates in the shortest possible time are downright suspicious. Do some more digging.

How much will you earn?

Investing your money

This is another great question to ask before investing your money, so you can determine if it’s worth your time or not.

What’s the investment tenor?
Investing your money

Some investments have a longer maturity date than others, while some are shorter. You might prefer either one based on your personal money goals, so don’t neglect this question.

 

BREAKING NEWS

Quincy Jones, Michael Jackson’s Producer, Dies At 91

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Quincy Jones, Michael Jackson's producer, dies at 91 | fab.ng

Quincy Jones, a legendary music producer renowned for his collaborations with iconic artists, passed away on November 4, 2024, at the age of 91.

His publicist, Arnold Robinson, confirmed the news. Jones’ family released a heartfelt statement, expressing their grief and celebrating his extraordinary life and enduring legacy.

They said,

“Tonight, with full but broken hearts, we must share the news of our father and brother Quincy Jones’ passing. And although this is an incredible loss for our family, we celebrate the great life that he lived and know there will never be another like him.”

They added, “We take comfort and immense pride in knowing that the love and joy, that were the essence of his being, was shared with the world through all that he created. Through his music and his boundless love, Quincy Jones’s heart will beat for eternity.”

Born in Chicago in 1933, Quincy Jones’s lineage was a complex tapestry of history. His mother descended from slave owners, while his father, half-white, was the son of a Welsh slave master and one of his enslaved women.

Jones’s early exposure to music began at home, where his mother’s singing and a neighbour’s piano ignited his passion. At the tender age of seven, he started learning to play the piano.

Following his parents’ divorce, Jones and his father moved to Washington State. There, he joined his high school band, mastering the drums and various brass instruments.

His musical journey took a significant turn at the age of 14 when he began performing in Seattle bars. A remarkable moment arrived in 1948 when he backed Billie Holiday, sharing the stage with a young Ray Charles.

After a brief stint at Seattle University studying music, Jones ventured to Boston to complete his education. His illustrious career, spanning over seven decades, was marked by groundbreaking collaborations with legendary artists.

He worked alongside Michael Jackson, Frank Sinatra, Ray Charles, and many others. Indeed, one of his most iconic achievements was producing Michael Jackson’s historic album, “Thriller.”

Check out more news updates here.

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Patoranking Reportedly Loses Sister & Husband Die In Gas Explosion

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Patoranking reportedly loses his sister & husband | fab.ng

The tragic death of his younger sister, Chioma, and her husband, George, in a gas explosion at their home devastated Nigerian Afrobeats artist Patoranking.

Speaking to the News Agency of Nigeria (NAN) on Thursday, Ukandu explained the preliminary investigations. He revealed a gas leak triggered the explosion, leading to the couple’s deaths. Also, he emphasized that early reports suggesting an inverter battery malfunction were incorrect. Further, the gas cylinder was identified as the actual cause of the fatal blast.

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BREAKING NEWS

Mohbad: Naira Marley & Sam Larry Face Potential Subpoena For Ignoring Coroner’s Invitation

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Mohbad: Naira Marley & Sam Larry to face subpoena | fab.ng

A Coroner’s Court in Ikorodu, Lagos State, has issued a stern warning to key witnesses. These key witnesses have repeatedly failed to attend the ongoing inquest into the tragic death of popular singer, Ilerioluwa Aloba, better known by his stage name, Mohbad.

Magistrate T. A. Sotobi made a decision. He granted permission to Joseph Aloba, Mohbad’s father. Aloba can now serve a witness summons through the use of a national newspaper and social media platforms.

Several individuals have been summoned to testify. These include Azeez Fashola, known as Naira Marley. Samson Eletu, also called Sam Larry, is on the list. Karimot Ogunbayo, Mohbad’s sister-in-law, must appear. Oluwasanmi Falade, the late singer’s lawyer, is also summoned.

The court also wants to hear from Feyisayo Ogedengbe. She’s the nurse who treated Mohbad on his final day. Fidelis Esanbor, Mohbad’s driver, rounds out the list of summoned witnesses.

On Wednesday, Taiwo Odumosu, the legal representative of the Aloba family, informed reporters that only Mohbad’s associate, Boluwatife Adeyemo (aka Darosha), was present among the key witnesses. Odumosu expressed disappointment at the absence of the other individuals. He revealed that the magistrate is considering issuing subpoenas if they continue to evade the next hearing, set for September 30.

The family of Mohbad has voiced their deep frustration with the police investigation into his death.

In a statement signed by Emmanuel Oroko of Hilceetee Partner, Odumosu criticized the police for relying solely on witness accounts instead of conducting a thorough investigation.

Odumosu addressed Darosha’s involvement. He clarified the situation regarding Mohbad’s embalmment. The lawyer stated that no charges have been filed against Darosha. The family’s legal team remains vigilant in monitoring the case closely. The lawyers have set a clear goal. They aim to secure justice for Mohbad.

“We petitioned the Inspector General of Police and the Police Service Commission (PSC) to remove the officers handling the case due to their mishandling of the investigation,” he said.

Odumosu took action and called on the Police Service Commission (PSC). He targeted specific officers who had initially handled Mohbad’s death investigation. Odumosu demanded scrutiny of their work. He accused these officers of gross negligence, claiming that they failed to carry out their duties diligently and thoroughly.

Mohbad tragically passed away at the young age of 27 on September 12, 2023. The circumstances surrounding his death have sparked widespread speculation and intense debate on social media platforms.

Get more updates here.

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