Investing Projections for 2023

01 Feb Investing Projections for 2023

By Adesuwa Edokpolor – Managing Partner, Seolahm Consulting

With the upcoming federal elections, the ongoing Ukraine-Russia war and the ever-rising inflation rate, 2023 feels like an uncertain time for investors. However, with challenges comes opportunities and for the smart investor looking to put their money to work, here are four options to consider.

1.  US Treasury bills – In the past year, yields from US T-bills have more than doubled. If you are playing the long game, this is a great option for you. Given the current global economic outlook, this is a great way to secure foreign investments with attractive and secure returns.

2.  Real estate – Real estate possesses a high tangible asset value which allows you to enjoy excellent returns with minimal volatility. For business owners looking to expand their operations, it can also be used as collateral to access loans from the bank. If you’re looking to diversify your portfolio in 2023, definitely consider real estate.

3.  Stocks – 2023 is shaping up to be a solid year for dividend stocks, tech stocks and ETF stocks. Opportunities await investors looking to invest in these options. However, be sure to stay aware of what the market is saying before taking the plunge.

4.  FGN Bonds – With the continuous increase in CBN’s, Monetary Policy Rate (MPR), FGN bonds reached a record 15.5% in Q3’22 and is projected to rise in the coming year. For low-income earners looking to grow their portfolio in 2023, this is a great option.

About Adesuwa Edokpolor

Adesuwa Lilian Edokpolor is an experienced Banking Professional and Management Executive with over 15 years extensive experience working in roles across corporate and commercial banking, investment banking, sales, marketing, and client relationship management.

She has worked with leading financial institutions across Africa including Nova Merchant Bank, UBA Group and Zenith Bank PLC. She is passionate about driving results and she leverages her understanding of the dynamics of the banking industry to drive the development, implementation, and execution of growth strategies of these organisations.

Adesuwa is currently the Managing Partner at SEOLAHM Consulting – a boutique financial consultancy firm offering financial advisory, training and portfolio development services.