Business
Retiree Urges Workers To Invest In Shares
The need for people to
invest in shares in a company has been emphasized .
A retired civil servant in the Rivers State, Chief Amonia Etuma made this assertion in a chat with The Tide in his office in Port Harcourt.
According to him, as a retired civil servant, his livelihood now depends on the number of shares he had in some companies, stressing that apart from his pension, his family largely survives with the shares he had in some reputable and profitable companies in the country.
He said as a share holder in a company, he was entitled to the profit and loss of the company shares and also had the right in the dividends of the company in terms of profit accrued to the company.
The retiree noted that as a shareholder of a company, it boost his financial standing in the society and also participate fully in the company’s Annual General Meetings (EGM) of the company, pointing out that being a shareholder of a company is a good and profitable business.
Etuma, however warned that due to some fraudulent activities in the shareholding business, he would advise any investor to deal with a licensed brokerage firm by the Nigerian Stock Exchange that is registered with the Security and Exchange commission in the country.
He explained that to register with such firm there were some benefits incase of any financial or settlement disputes.
The retiree however, enjoined other civil servants to invest in shares for their future and family.
Collins Barasimeye