How I wish I can turn back the hand of the time (My Experience About Investing)
It is true that every investment have its own risk and it is always unpredictable. Some business you think is lucrative can fall anytime without giving you any prior notice.
Everybody knows that agriculture is one of the most lucrative business but the economy determine its interest whether it will be high or low.
Not long ago, out of the agricultural project the sorghum was in harvest and during any harvest time the price is always lower so I decided to invest in it for the main time before the price will rise again.
Before, it used to be #24k to #25k per sac but when the price drop , it drop to #18k so I try to buy some and keep it till the price go up again. After like a week, the new naira notes redesign caused scarcity of naira notes and everything come crashing down and its price now is around #8k and #9k.
When they told me that the price is down because of the cash scarcity I almost cry, this is not what I was expecting but what can I do, it's not like I can turn back the hand of the time band I can't act on impulse who knows what will happen tomorrow. That's why I'm watching to see how everything will pan out.
Thanks for checking on my blog and have a wonderful day
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If you could wait it out then you should wait it out until the price rebounds. These kinds of things happen sometimes and in most cases it's very unexpected and out of the blue.
Thanks for your advice, I really don't have a choice, I have to wait
You're welcome. Yes, I think that's the best thing to do.