You can start investing with as little as ₦5,000 or $10 by using online platforms that allow fractional investing. Focus on low-cost options like index funds or ETFs, set up automatic contributions, and reinvest any returns to grow your portfolio steadily over time.

Risk tolerance is your comfort level with potential losses in pursuit of returns. To assess it, consider your investment goals, time horizon, income stability, and emotional response to market fluctuations. Conservative investors prefer low-risk assets, while aggressive investors can tolerate more volatility.

ETFs are investment funds that hold a collection of assets like stocks or bonds and trade on the stock exchange, similar to individual stocks. They offer diversification, lower costs, and flexibility for both beginners and experienced investors.

Stocks represent ownership in a company. When you buy a share, you own a small part of that business and may earn money through price increases (capital gains) or dividends. The value of stocks fluctuates based on company performance and market conditions.

Inflation is the general increase in prices over time, reducing the purchasing power of money. It affects investments by eroding real returns. To protect against inflation, investors often include assets like real estate, commodities, or inflation-protected securities in their portfolios.

Risk tolerance refers to how much risk you're willing and able to take when investing. It depends on factors like your age, financial goals, income, and investment experience. Understanding it helps you choose the right mix of assets for your portfolio.

An IRA is a savings account designed to help individuals save for retirement with tax advantages. Contributions may be tax-deductible, and the investments grow tax-deferred or tax-free, depending on the IRA type (Traditional or Roth).

Compound interest is the process where you earn interest not only on your initial investment but also on the interest that accumulates over time. It helps your wealth grow faster — the longer your money stays invested, the greater the compounding effect.