I'm sure you want to start investing in the American stock market right from here in Nigeria right?
Many investment companies in Nigeria are linked with the US that you can invest in.
And many of these companies use brokerage infrastructure provided by DriveWealth, a licensed digital trading company in the U.S which you can use Bamboo, Chaka, Rise, Trove.
When it comes to the stock market, the U.S happens to be the biggest stock market in the world and everyone wants to benefit from it.
A few years back investing in the stock or buying U.S stock was a big challenge to Nigerians with a lot of processes.
Because to start with, you would need a valid US visa and others before you would be able to invest in the US stock market or buy.
But thanks to God who brought you here and the new age of technology that has made everything easy even for us in this part of the world (Nigeria),
you can now comfortably invest in the U.S stock market right from here in Nigeria with your smartphone or laptop.
So in this article, I'm going to walk you through a detailed step on how to start investing in the stock market as a Nigeria.
And I'll also walk you through the best stocks app that you can use or buy from, and most importantly,
the ones that are most effective and frequently updated with new features.
That being said!
let's look at whether investing in the stock market is worth it in Nigeria.
IS INVESTING IN THE STOCK MARKET WORTH IT IN NIGERIA?
Investing in the Stocks market can be a profitable one that anyone can invest with high value in return in investment.
But what most people don't know about is that investing in big stock companies can help you build wealth and save for the future, and not just that, it also protect your money from inflation.
If you would ask me, I'll boldly tell you that investing in the stock market is worth it because it has proven to be profitable over the year.
This is a good business that anyone can go into and be sure of a good return on investment.
And you don't need to start with a big amount of money because you can start with the little you have.
IS IT HARD TO MAKE MONEY IN THE STOCK MARKET IN NIGERIA?
I know that often time people do ask is it difficult to profit or make money buying stock in Nigeria.
Well, investing in the stock market can be as easy as anything or difficult depending on what you make out of it.
You can pick hundreds of these stocks in your portfolio and comfortably trade anyone of your choice every single day.
It's very easy to make a handful of money in the stock market when the right information and guide have been given to you.
There is good money to be made in buying stock, but the major challenge for most people is that they rush into it without the right information, and this often happens at lunchtime.
I'm sure you remember when Wakanda was launched that a lot of people invested into, but today most lost all their funds to the air.
Investing in buying stock is a very nice business, and if you must be successful in this business you should always make enough provision to always learn something new because things change.
And you just have to be smart on whatever you're doing.
Now, let's look at the best app that is reliable that you can use to buy stock whenever you want.
BEST APP TO BUY US STOCK IN NIGERIA
There is various app that works for this, but here in this article, l would prefer to recommend the most reliable ones to you so you might not fall for the wrong one.
1. Passfolio
Passfolio is one of the best digital investment App that you can use in buying stock, beyond that, it offers first-class access to stocks that are listed in Us and Nigeria with over 40+ countries.
In Nigeria, you can easily start trading foreign stocks with Chaka right from here in Nigeria even as low as N1000 or $10.
I could remember that last year when my young brother started buying stock he started with just N500, You can easily start with any amount with Passfolio
The good part is that you can even buy cryptocurrency on Passfolio also,
Go to Google play store Install the Passfolio app on your smartphone and start immediately.
2. Bamboo:
Another best digital investment platform that's well recommended is "Bamboo.
Bamboo allows Nigerians to invest in the U.S stock market comfortably, and with N5,000 $20 you can start trading on Bamboo. I use Bamboo to invest in the US stock markets and can now buy stocks (like Apple, Amazon, Google) right from my phone! I think you’d be interested. You can sign up now in less than 5 minutes. Click here to Signup on bamboo
3. Trove:
Trove is yet another good one. Trove allows you to invest in the U.S, Chinese,
and Nigerian stocks, and many others.
And with as little as N1000 or $10, you can start buying the stock right from your smartphone or computer.
It has proven to be reliable over the years.
You can get the Trove app on the Google Play Store both for Android and App Store for iOS users.
4. Rise:
Rise is another good one that anyone looking to go into this business should consider using.
Even you can start with N1,000 $10 and start investing in Us stocks right from the Rise app. You can find the Rise app for smartphones and iOS.
Those are the few reliable stock app that l can recommend for you as a Nigerian.
Now, you might be asking, but how do l now start investing in the Us stock market from Nigeria.
Well, it's very simple.
HOW DO I START INVESTING IN THE US STOCK MARKET FROM NIGERIA WITH LITTLE OR NO IDEA?
In today's stock market, there are many forex markets and is not difficult to figure out, because there are so many online forex brokers and training that would help you.
The only challenging part is finding the right broker that we fix in what you want and that's all.
With zero knowledge you can start buying stock from the Us stock market because there is nothing complicated unlike years back.
So you can do this without doing plenty of work, all you need to do is get the best recommend stock app with the right information and you would be fine.
Since you've known all this, now, how would you know the best Us stock to buy from?
WHAT IS THE BEST US STOCK TO BUY IN RIGHT NOW IN NIGERIA?
Here are a few of the U.S stocks that you can buy at the moment right now in Nigeria.
1. Visa Inc. (V)
2. Upstart Holdings Inc. (UPST)
3. Microsoft Corp (MSFT)
4. Medifast Inc. (MED)
5. Lowe's Cos Inc. (LOW)
6. EOG Resource Inc. (EOG)
And many others.
IS IT POSSIBLE TO START INVESTING IN STOCK WITH $50 IN NIGERIA?
You might be wondering would $50 or N10,000 be enough for me to start buying stock.
The fact remains that you can start buying Us stock with almost any amount of your choice,
it must not start with big funds or whatever. With $50 or N10,000 you can start buying even right away.
Investing in the US stock market is the simplest way for a complete beginner to make a good profit.
However, the bigger the amount you start with the bigger the gain, and that we determinant of your ultimate success with the business.
And l would encourage you that if you have more than $50 or N10,000 that you should invest because you can start with N10,000 doesn't mean that you should start with it, you can put in something better than that.
Now, how would start making money if you start buying stock?
well, you should know that there is nothing that one invests money into that would not yield a return as long it's legit.
HOW DOES A BEGINNER MAKE MONEY IN THE STOCK MARKET?
If you would agree with me, you would know that the best way to start anything in life is to begin to invest or take action.
That's how it's you need to start investing in the stock market and you do that by putting money which you can then use to invest in buying shares of stock or stock funds.
And with that, any stock you purchase there should be profit when you sell it.
That's how to make money from buying stock.
Conclusion:
I'm sure this article helps you through "how to invest in the stock in Us from Nigeria" if yes do let me know at the comment box down below,
and if you have any questions for me to feel free to drop them at the comment box and I'll try my best to respond to you.
And most importantly, don't forget to use the share button to share with your friends everywhere.
I use Bamboo to invest in the US stock markets and can now buy stocks (like Apple, Amazon, Google) right from my phone! I think you’d be interested. You can sign up now in less than 5 minutes. Click here to Signup on bamboo
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