Hello Nlanders,I plan on investing on stocks with Bgl Securities or Starting a recharge card business.or when I am able to have enough income do both later in the future,but Now,due to my finances I can only do one of them. Please I need honest and concrete advice on which one to do now and also how good is the stock market or stock broking If I decide to go for that,pls advice me especially from experienced people. Thanks and God bless you all.

how much time do you have to dedicate to the business?

if you have time on your hands, i'll advise you to do the recharge card business because you have control over what happens to your money

...in stock, you're at the mercy of unscrupulous brokers, jobbers, wasteful executives etc and those are the people who decide what happens to your investment, believe it or not. btw, SEC and NSE don't offer any meaningful protection to the average investor

@ Walcom, For the recharge card biz I plan on employing someone,we will go out and get customers .ie marketing,then I will print d cards myself and give him or her to distribute to them everyday,I work with a company,but I want other streams of income cos I can't keep depending on my salary,I have some plans on how to sell and market,I hope its ok if I employ someone or is it bad?pls advice.Thanks

Stocks are better, I believe men shoud start businesses with the highest long term profits.

Recharge card business needs distribution ..

Stocks require financial intelligence.

Risks are everywhere, if u cant handle loss, put ur money in 30day fixed deposits and rotate ur money between banks. You profit every 30days. keep adding the profits to the principal amount.

It a no brainer no losses. Think of it as ur private stock market.

But whatever u do, do ur due deligence!