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How to invest and make money from the stock market

How to invest and make money from the stock market &-8211; this Article or News was published on this date:2019-05-16 11:41:08 kindly share it with friends if you find it helpful

Are you looking for ways to invest in the stock market and make money from it? Well, do not worry because in this article, I will be tutoring you on how to invest and make money from the stock market. So you can see this article as how to make money in the stock market for beginners

With the sole assistance of online brokerages, people can now monitor/manage their own investments from the comfort of their homes or anywhere else.  All it requires from you is having an internet connection and some amount of money to invest and be sure you can make good returns on your investments.  

Investing in the stock market is not like the buying and selling of tangible goods which transactions can take place any time.  Stock market business is different because you cannot buy stocks directly from the stock exchange without going through a broker.  The broker is legally empowered to deal on the floor of the stock exchange, so any potential investor must engage a stock broker.

If you are looking for how to invest and make money from the stock market, you are still in the right place. The Nigerian stock market was established in the year 1960 while being called Nigerian Stock Exchange.   The exchange deals on existing stocks and shares while new issues come to the public via a merchant bank. After a new issue has been marketed by a merchant bank, future trading on the shares must be through the stock exchange and that is where the stock market comes in.

At this stage, it is important to separate “how to invest in the stock market from “how to make money from the stock market”.  So let us start on how to invest on the stock market and a little while, talk about how to make money from the stock market

To invest in the stock market, you must have a broker ( a broker is a member of the stock exchange and is allowed to buy and sell shares or stocks on the floor of the Nigerian Stock Exchange).  No other person is allowed to trade on the floor of the Nigerian stock exchange. So you must engage a broker who buys and sells your stocks and shares. However you have the right to monitor the movement of your stocks and instruct your broker when to buy and when to sell your stocks. So register with  a broker.

Below are the procedure on how to engage a broker and open an account:

 

1. Opening a Nigerian Brokerage Account

If you are looking to invest and make money from the stock market, you must open a Nigerian brokerage account. I will be listing out the steps you would have to take if you want to open a Nigerian brokerage account.

The CSCS is a short form for Central Security Clearing System. The CSCS mainly does the work of recording the ownership of every Nigerian securities while using electronic account. To plainly prove this point to you, if you ask any broker to assist you to open a trading account, the broker will at first send to you a CSCS form for you to open your account. When you complete the form, you would be issued a CSCS number which will eventually be used to record the stock you buy on the Nigeria Stock Exchange. In addition, the number would make it relatively easy for CSCS to have records of every stock holding you transact.

 

2. Pick a broker

Choose a broker who will act as your financial adviser. He/she will buy and sell shares on your behalf. He/she will tell all the requirements concerning becoming an investor. They include sending the original completed CSCS form, the broker account opening form, passport pictures, copy of your identity card and utility bill. All these must be mailed to your broker who will oversee that your registration is completed.

 

3. Transfer funds to your brokers account

This will depend on your financial capacity and the types of shares you want to buy.

 

4. Choose the stock you want to buy

After you have researched the stocks available, choose which company’s stock you want to buy and when. The broker will carry out your instructions and buy the stock. The broker will always advise you when to buy more shares and/or when to sell because the rule of the shares is that the share price can go up as well as go down.

 

5. Wait

At the appropriate time, the company will declare dividend if the company makes profit. The share price can go up and also can go down. Basically, you as an investor have two sources you can grow if you invest on the stock market: shares can go up which means your holdings can appreciate in value, and you can receive dividend when the company makes profit.

 

 

Having completed the procedure on how to invest on the stock market, the next thing is to show you how to make money from your investment. How does it work?

 

6. Do not put your money on stocks without proper research.

First look at the companies in which shares are traded on the stock exchange and see how they are doing in terms of profit, dividend policy, re-investment of surplus funds, how the shares are behaving on the stock exchange and how the shares are bought and sold by investors. Also, you must invest in safe shares, i.e share of manufacturing companies such as Unilever, Nigerian Breweries, Nestile, etc.

 

7. Invest funds you do not have immediate use for

It is of no use investing your children’s school fees when they are on holidays in the hope that you make quick money when they resume school again. The reality is that your investment would have gone down so low because the company might experience unexpected problem such as a major competitor hit the market with superior products and its customers switch over or information about a possible takeover of the company by another company can trigger a major falling in the price of shares.

 

8. Never you borrow money to buy shares whether new or existing shares.

For example, you may borrow from the bank to buy shares being floated by ABC Bank, only to realize that ABC bank did not do well in the year the of floating of the shares and the result is that the share price will fall.

 

9. Don’t follow the Joneses

Don’t invest in a particular stock because your friends, neighbours and colleagues are rushing to invest in it, without evaluating the stock in terms of profit potential, dividend policy, the brand equity and long term growth of the company.

 

10. Diversification

Don’t put all your eggs in one basket. No matter how good the stock is doing, don’t invest all your funds in the same stock because anything can happen. Instead share the funds and invest in different stocks so that in case the unexpected happens in a particular company share, you can fall back on the others.

 

11. Don’t venture to time the market

You must always study the market and avoid assuming that the market would behave in a particular way. Most of the time, the market behaves according to facts about profit, dividend, community relationship, product acceptance, company’s payment of taxes and other dues, expansion and future growth and direction of the company.

 

12. Don’t allow emotions to affect your investments

Invest in stocks you have sufficient information about and avoid speculative and unknown stocks which did well may be in the past but might be too risky now to invest.

A lot of people are looking for how to make money in the stock market with little money. The stock market can make you rich but don’t let your emotions to make big money quick with little money drive you.

 

13. Your expectations must be realistic

You should always hope for the best returns for you investment but let your assumptions be realistic. For example, if a particular stock had done well in the past because of the boost in the minimum wage, and as a result of the minimum wage new companies sprang up and existing ones came up with similar products as the one that made the company’s share to do well, the reality is that what happened before may not happen this time.

 

Conclusion

Investing on the stock market and making money  is a business for someone who has patience, meticulous and who is not greedy because the stock exchange market is sometimes volatile and a lot of factors influence the behaviour of shares in the market.

How to make money with Uber

How to make money with Uber &-8211; this Article or News was published on this date:2019-05-16 11:40:44 kindly share it with friends if you find it helpful

At MakeMoney.ng, our goal is always to help people make money and we are always writing on different hustles, ideas and ways to make money. Some of the ideas we write about are ones that you can do part time while working on your main job. Uber, is one of those ideas. You can make money with Uber part time, whenever you are free.

If you are looking for extra cash. Either to pay off debts, to save or to meet your target, consider Uber as a way to make that extra cash. The good thing about making money with Uber is that it gives you the choice to choose when you want to work and to decide how much you want to make.

 

What is Uber?

Uber is a platform that connects who are looking for a ride with riders. The goal is to make transportation easy and convenient for people.  The company uses real time tracking to make transportation easy. It is easy. If you are looking for a ride, all you have to do is download the Uber app, request for a ride and it will instantly match you with a driver close to you.

You will see the price of the ride, the driver and car details. So you can essentially decide the kind of ride you want to have.  They are very popular and widely used worldwide. It started in the United states but it is now present in almost 800 major cities world wide including cities in Nigeria and Africa.

To make money with Uber, you will need to have a car or have access to one. Your job is to give ride when you can and make money. You can do it on your way to work, on your way back from work, when you are on holiday, weekends or whenever it’s convenient for you. It is up to you.

You can also give your car out for someone to use and get commission. You can rent a car from someone who is not using it to run your Uber business and return to them when they have need of it. Just have access to a car that is acceptable.

 

How much can you make with Uber?

One thing about making money with Uber is that you are your own boss. You are in control. So, that means you decide and control how much you can make. The more rides that you give, the more you make.

Sometime ago at my former office somewhere in Lagos. I had a colleague who had a company car. But I guess the boss gave him freedom to use it at will. I noticed that, at a particular time, he will get a call, and dash out and come back later. I still didn’t understand.

He was a lawyer and worked as a lawyer in our firm. I knew he was not going to court because we worked same place. Then a new pattern started, whenever he comes to work, someone will come pick up the car and return in the evening before closing.

It was later it dawned on me, that he must have been using it for Uber to make extra money.

That should not be a surprise to you, a lot of big boys and big girls give rides with Uber to make money.

I once read a Facebook post from a Nigerian who returned from America. He said when he landed, there were no jobs. Since he had a car, he decided to make money driving Uber when he can. According to him, he was making good money off it and in control of his time.

Uber is very popular.  I have a neigbour, for some reason she does not have a car. Every day she goes out, she orders an Uber. Quite a lot of people use Uber, it is the most popular form of road transportation among the elites in major cities.

 

What you need to know

To ride and make money with Uber you must know the following:

  1. Your car must be good enough. There is emphasis on the quality of car.
  2. You must have vehicle documents
  3. You must have driver’s license
  4. Car must have valid insurance
  5. Your car must have valid road worthiness certification
  6. Your must have a passport photo

You will upload all these online. Let’s get straight to details.

 

How to make money with Uber

Here are ways that you can make money with Uber:

 

1. Register with Uber

The first step to making money with Uber is to register with them. The process is easy and straight forward. You will need to scan your photo (or driver’s photo). Scan the drivers license. Also scan the road worthiness certificate and insurance. But you can start registration first and upload them later.

Got to the website and register. Click here to register Once you are there, fill in all the information, submit and follow instruction.

 

2. Download the Uber app

It is important to download the Uber app on your phone because that will be your office space. You will get alerted on rides. That is where you will essentially operate from.

After registration, you should download the app on your phone.

You can click here to download on your android phone

Click here to download on your iOS phone (iPhone)

Or click here to download on your window phone.

 

3. Driving it yourself

You can decide to drive yourself and give people Uber ride to make money.  This is a good option if you don’t want someone else handling your car and you only want to drive when you are free.

You are the boss and control when you want to. Just plan and make out time you will spend on giving rides. You can choose to do it while on your way to work. Do it after work. Do it on public holidays and weekends. Anytime that is convenient for you, there is no pressure at all.

If you are not fully employed or unemployed then you can drive anytime and make even more money. You can make equal or even more money than people who fully employed if you give many rides a day. It also attract bonus from Uber.

 

4. Hire a Driver

You can decide to partner with a driver to make money from Uber. The person must be licensed and qualified to drive. You should in this case register this person and ensure he has the app. You should only work with people you know. Drivers you can trust. Do due diligence and background check.

Have an agreement with them on how much they pay you a week or how you split payment. They can pick up the car from your office once you arrive and return it when you close. Or if you don’t use the car, they can pick it from home.

If you have more than one car and they are idle, you can find drivers you know and trust and partner with them and make extra cash instead of just parking the cars.

 

5. Understand your local market

One important Uber tips to make more money is to understand your routes and local transport market. All rides are not the same. Some places make more money than  others.

So you need to research to know when and where to drive to make the most money. There are part of the city that there is more need for rides than others, you will make more money where the demand is high.

There are times of the day where demands go up, study and understand.  Days like weekends, public holidays, festive seasons will likely attract higher demands. You can interact other Uber drivers in your location to find out the best times and best routes.

Surge fares are also common and if you are smart, you can grab money from it. When there is high demand for drivers in a particular part of town but there are low supply of drivers available, Uber may increase fares. Drivers in that areas get alert.  If you know areas where that that happens always, you can plan and tap into it.

 

6. Find a good place to wait

When you have finished giving a ride and there is need to wait for a new ride, find a good location to wait. There is no need to drive around looking for areas to get rides. You will waste your fuel and energy. Just get a good location that is full of riders and wait. You don’t have to wait long.

 

7. Use no-wait trip requests

If you have a lot of free time and fully in money making mood. It is likely you will not want to wait between rides. You can take advantage of the no-wait trip requests to get back to back rides without having to wait. This means you will receive new trip request to pick up someone while you are almost dropping off someone. That way you don’t have to wait. Read more about no-wait trip requests here.

 

How do you get paid by Uber?

Typically you receive your payment from Uber weekly. There is no excuse or whatever, they are automatically paid into your bank account. However, if you want your money quickly, Uber has introduced Instant pay, for riders to get their money instantly. You can even request up to five times a day. This is depending on location as at this moment.

 

 

Dangote is giving ₦250K to people who report drivers engaging in illegal activities

Dangote is giving ₦250K to people who report drivers engaging in illegal activities &-8211; this Article or News was published on this date:2019-05-16 11:40:32 kindly share it with friends if you find it helpful

Here at at MakeMoney.ng, our goal is to keep up to date with any opportunity to make money. This one may not sound like a your regular money making opportunity but it can fetch you a whopping N250, 000 from Dangote.

As you all know, Aliko Dangote is the richest man in Africa and he owns one of the biggest conglomerate in Africa. The Dangote group is so big with a lot of employers that it is difficult to monitor activities of all his workers, especially those who work outdoors like the drivers. Because of this, the Group  is giving money to the public to help him monitoring their drivers.

The management of Dangote Group is appealing to members of the public to assist them in identifying their drivers who engage in illegal haulage activities with the organization’s trucks.

This move has become necessary in an  effort by the management of the organisation to get rid of unscrupulous drivers who give them a bad name.

To encourage people to report erring drivers, the organization has announced a reward of ₦250,000 for anyone who provides information that would lead to the arrest of unscrupulous drivers.

Dangote Industries Limited is also warning those who illegally transport goods or other materials on Dangote trucks that such unauthorised goods shall henceforth be confiscated and such drivers and owners would face the full wrath of the law.

A statement by the Chief Corporate Communications Officer of Dangote Group, Mr. Anthony Chiejina, reads:

“The Management of Dangote Industries Limited wishes to solicit the assistance of the general public in the fight to rid the organisation of illegal haulage activities being perpetrated by some unscrupulous persons.

“In pursuit of this objective, anyone with verifiable information which will lead to the arrest of such person(s) or goods will be rewarded with the sum of N250,000.00 (Two Hundred and Fifty Thousand Naira Only).

“The statement went on to urge members of the public that while making their report they should remember to include the Truck Type; Truck Plate Number; Truck Cab No.; Location of the Truck, Contents of the Truck, Colour of the Truck and Photographs of the Truck and goods if possible.”

So there you go. Next time you see A Dangote driver involving in illegal activities, It may just be your opportunity to make N250k Cash! Just take note of the Truck type, the plate number, Location and all the important details.

You can contact the Dangote group via: [email protected] Call them on +234-1-448-0815. Click here to visit their website

 

How to find a web search evaluator job from Google and others

How to find a web search evaluator job from Google and others &-8211; this Article or News was published on this date:2019-05-16 11:40:28 kindly share it with friends if you find it helpful

Working as a web search evaluator for big brands like Google and others is one of the best ways to make money online from the comfort of your home. You are not just making money online, you are making a big impact in one of the most popular industry on the internet – search engines.

But becoming a web search evaluator is not as easy as it sounds. It takes determination and commitment. The good news is, it pays! You can make good income working as a web search evaluator.

 

What is a web search evaluator job about?

The web search evaluator job also known as search engine evaluator, internet assessor, ads quality rater, or internet judge involves checking and analyzing search engine’s content to ensure quality.

This job is important for search engines because they want to ensure that search engine result are quality and meet what people are searching for. As you may know, on a regular, search engines are run by algorithms. But it is consumed by humans. So there is a need for humans to regularly check to ensure it meets expectation.

Popular search engine take this very serious. Many other companies outside Google recruit people for this position and ultimately get them to work for Google and other search engines.

These jobs do not require no major qualification, but in some cases, qualifications maybe requested but mostly a major qualification like degrees is not a requirement.

 

How to become a web search evaluator

Here are steps you should take to become a web search evaluator:

 

1. Be an active user of Google search and other search engines

Your work will be about search engines. So you should be a regular user of it to before you ever think of becoming a search engine evaluator. Because you will be asked questions relating to it in the process. So make sure, you use search engine as much as you can.

 

2. Get familiar with your language and culture

Understanding a second language is a big advantage. It could be Yoruba, Hausa, Igbo, Swahili, Afrikaans or whatever your local language is. That is because one of the goals of having a web search evaluator for search engines is to ensure the quality of search in relation to local people in different places. You should be able to understand the culture too.

However, there are positions of those who only understands English.

 

3. Ensure you have a working computer and internet

Since this job is a work at home job, you will need to have access to a computer and phone that are connected to the internet. It is very important. Because that will be your office. Where you work always.

 

4. Apply

You will need to look for a suitable company and apply to work. We will run down a list of companies that you can apply to, keep reading.

 

5. Study and pass exams

After your application has been accepted. Usually you will be given a study material to read and sit for exams online. Typically, you will be given about seven days to study and prepare for exams. Exams usually comes in two type, First the theory and later the practical.

You will be given about seven days or so depending on the company to finish exams. This is not fixed, it depends on who you are working for.

 

6. Start working!

Once you have passed your exams, you are ready to start working. You will be notified as projects become available. You are paid from $7 to $25 per hour deepening on your location.

If you fail exams, you may be given opportunity to retake again. That is depending on the company.

 

Where to Find Web Search Evaluator Jobs.

 

Google

Google is definitely one of the biggest companies in the world. They offer you the opportunity to make money working with them as a search engine evaluator. They usually refer to Web Search Evaluators as Ad Quality Raters.

You will be provided guidelines and  you are expected as a Ad Quality Rater to provide feedback on search results. Payment are made weekly and you will have to sign a Non disclosure agreement.

You need to have a good understanding of Google products.

Google recruit directly but mostly use third parties like others listed on this page to recruit. You can go to the Google career page here. And also use other third party companies listed here.

 

Lionbridge

Lionbridge refers to its evaluators as personalized ads evaluators or internet accessors.  They also have numerous other jobs that is very related.

As an internet accessor, your job is to evaluate the quality of search results. They are a big name in the industry and work with many industry giant.

Job opportunities are frequently listed on the website, you can check to see if you qualify. Go here.

 

Appen

Appen is a very popular name in the internet evaluation industry. They offer you the opportunity to work remotely from your home and make good money. You should be good with your culture and legally able to work from there.

Also, you are expected to have a good knowledge of social media. You need to search for jobs and apply! To work with Appen go here.

They recently acquired another giant, Leapforce. This has made them even stronger and bigger.

 

ZeroChaos

ZeroChaos is a good option too to make money from your home working as internet evaluators. But the problem is they only consider people from the United States.

If you find yourself in the US and will want to work with them, go here.

How to make money on Clickworker

How to make money on Clickworker &-8211; this Article or News was published on this date:2019-05-16 11:40:04 kindly share it with friends if you find it helpful

Clickworker is a platform that enable people make money online by doing several micro jobs. Over the years, Clickworker has been the leading platform for data entry jobs on the internet. If you are good with English language then you can explore this platform to make some extra income. Apart from data entry jobs, they also have different opportunities like surveys, mystery photographers and more. You can work from anywhere: Nigeria, India, Ghana, South Africa, United States, Kenya, anywhere that you are.

 

How much can you make on Clickworker?

It is very possible to make $10 or more an hour from Clickworker. In its early days, you can make $20 or more an hour from the platform. But it went a bit downhill but gradually it is picking up again and people are making good money on the platform.

How much you make depends on how many jobs you do and how fast you are with typing and other necessary skills.

sometimes, work will be many and you have many choices. The good thing is, they will often let you know how much you will make from a particular job in advance. So you can decide to do it or pass.

You also decide when you want to work.

Please note: We advice you to see this as an extra income stream not as your main income stream. Maybe as you get to work on the platform and see how it goes, you can decide if you want to focus mostly on it.

 

How to make money on Clickworker

Here are steps that you can take to make money from click worker:

 

1. Sign up

The first step to make money with Clickworker is to sign up. Click here to sign up with Clickworker.  When signing up, make sure that you provide adequate and true information. Just follow the on screen information to sign up.

When you sign in, you should fill in more information as much as you can.

To receive money, you may need a Transferwise account. Transferwise is one of the best ways to receive or send money. Click here to open a Transferwise account. Then go back and fill in your details.

You can click here at anytime to sign up with Clickworker

2. Complete assessment

This is very important. Once you have signed up and verified your email address, you should complete assessments. There are different kind of assessments, to test your English language ability and more. Don’t worry, they are basic and easy. The more assessment you complete, the more qualified you will be for jobs.

If you are having problems finding where to complete assessments, look at the image below:

make money on Clickworker

 

3. Writing jobs

On the website it is called creation of text job. If you are good in writing, you should be able to make some money with it. The topics and template is chosen for you, your job is just to create texts!

 

4. Data categorization jobs

This will typically involve you running some search on a particular keyword. Then you determine if the search result match what you were looking for. Decide which search result is more accurate and also if there is adult content on the page and more.

 

5. Copy Editing jobs

These simply involves you editing texts. The texts are typically short. It could be about anything: products, cities and so on.

 

6. Proofreading jobs

This simply involves you reading short articles and correcting mistakes that you find in them. There is no predetermine topic for you to pick from, it all depends on which is available.

 

7. Web research jobs

This involves you searching for data on the internet and updating them. It could be searching for address of companies or searching anything simple and similar.

 

8. Survey Jobs

This is all about you sharing your opinion and getting paid for it. On Clickworker, you will get chance to take surveys and make money. You should be an active user to be picked for surveys.

If you love taking surveys then checkout this article: Best paying online survey websites to make extra money

 

9. Video and photography jobs

This involves you making videos of certain things around you. You may also get the chance to take pictures of products in certain places.

 

10. App Testing jobs

This is all about testing apps to see if it works well before it is release publicly. You get to make money too doing this in your spare time.

 

11. Recruit a Clickworker

You can refer your friends to Clickworker and you get paid 5 euros when your friend makes up to 10 euros. This is Clickworker referral program or you can call it affiliate program. It is another way to make more money.

 

Where to find jobs

Once you login, you will be seeing the jobs available to you. If you wander away at anytime, you can always click on Jobs at the top left of the page to view all available jobs.

 

How do you get Paid?

You get paid through PayPal or Transferwise. For people in countries who cannot receive money via PayPal, you should open a Transferwise account. They are one of the best platform to send and receive money anywhere in the world. Click here to open a Transferwise account. Then after opening account, you can go back and fill in your Trasnferwise info to receive payment.

 

Tips

There are times that you may find jobs limited at Clickworker. The truth is that Clickworker is a platform that help companies give these jobs to you. So there are times that they may not have enough companies.

But to ensure that you are always getting jobs, the tip is to complete every necessary assessment as soon as you can. Then do as many jobs as you can. It is important. When you complete lots of jobs, you will be noticed and more jobs will be pushed to you. It works.

Download the Clickworker app to help you check on jobs from your phone anytime. You can get it here

 

Conclusion

Clickworker is a good platform to work and make money at your spare time. It will likely not make you rich which is why we advice you to see it as your extra income opportunity. Whenever you have spare time, you can use it to grab some money. Click here to sign up.

If you are looking for other way to make money online, check our page: Make Money Online