Things to Consider Before You Invest In Paper Assets.

What Are Paper Assets?

Paper assets refer to assets that are representations of something. Paper assets in investments literally are pieces of paper that define ownership of an asset.

Classic examples of investing paper assets prove to be stocks, currencies, bonds, money market accounts(money market funds), Mutual funds, Insurance plans and similar types of investments.

Investing in paper assets can be a good way of growing your wealth easily without much labor or stress and with minimal risk of capital loss.

Investing in paper assets is very passive, your money keeps making interest while you do other things, especially if you are an employee with a very high time demanding job.

Paper assets will give a moderate and steady income ( depending on the amount of capital you invest in it ).

For example, as at 2019, Nigerian mutual funds yields an average of 12% interest on your capital per annum, the Nigerian treasury bills yields an average of 11% to 15% interest on your capital per annum (depending on your capital and official rates at that moment), Insurance Plans give an average interest of 10% on your capital per annum (asides bonuses attached to plans).