What Business Can I Do With 500,000? - Investment - Nairaland
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I Just Built A Warehouse, What Manufacturing Business Can I Go Into? / What Business Can I Do With A 200k In Ibadan? / I Have N500k But Don't Know What Business I Could Invest In (2) (3) (4)
| What Business Can I Do With 500,000? by macsilver(m): 6:00pm On Nov 18, 2017 |
Hi guys, I just finished my NYSC and I intend to go into the labour market, but not as a job seeker. In view of this, I have managed to save up to 500k to start a business, having no specific business in mind. It is suffice to say that times have changed. These days you try to invest a seemingly large money in a business and at the long run, you find out that your money is chicken change. I don't want that. I just need a business that would yield me money over time, putting in mind that I'm a graduate. (I mean a business that it's pay would be almost parallel to that of my colleagues working in offices, etc). Any ideas please? P.S. I've tried dry cleaning. I know about it to a meaningful extent. It yields money, yes. But I wanna know of another business. Please help a brother. 2 Likes |
| Re: What Business Can I Do With 500,000? by darkenkach(m): 6:08pm On Nov 18, 2017 |
Why do want to go into business? |
| Re: What Business Can I Do With 500,000? by onward4life(m): 6:31pm On Nov 18, 2017 |
macsilver: Go to Lagos buy Ladies wear, shoes and any ladies accessories men's Gent. Sell comfortably using Facebook, instagram, whatsapp and Nairaland! Etc. From the comfy of ur small room! Thank me Later! **not applicable if u re Lagos Based** 1 Like 1 Share |
| Re: What Business Can I Do With 500,000? by chrisking125(m): 7:43pm On Nov 18, 2017 |
If you are serious.... Chat me up on whatsapp 08100366375 |
| Re: What Business Can I Do With 500,000? by Fxmanager(m): 7:52pm On Nov 18, 2017 |
macsilver: We are here for you. Your #500,000 can currently give you an average of #25,000+ monthly return investing with us after performance fees. And if you want an average monthly return of more than #466,980 after 60 months(5years) of your investment with us, you can do so using compound interest in your investment with us. This means after 60 months(5years) of your investment with us using compound interest, you will be getting an average monthly interest/income of more than #466,980 assuming you decide to start withdrawing your monthly interest. This will be possible as long as we stay under our working risk of 5-10% of your capital, and the maximum permissible risk of 30% to your capital. Note: we are doing everything possible to stay under 10% risk to our potential investor’s capital. At 5% average monthly returns using compound interest without withdrawing funds from your account, your #500,000 will grow to more #9,339,593+(9.3million plus) in 60months(5years time). How is it possible to turn #500,000 to #9,339,593+(9.3million plus) in 60months(5years time)? It is possible through the power of compound interest as explained below. Compound interest is the concept of adding accumulated interest back to the principal sum, so that interest is earned on top of interest from that moment on. The act of declaring interest to be added to the principal is called compounding.(I.e you decide to add the earned interest to the initial principal in the investment going forward) Monthly compound interest formula We are using monthly here ,since we are talking of monthly returns. The formula for Monthly compound interest, including principal sum, is: A = P (1 + r/n) (nt) Where: A = the future value of the investment, including interest(returns) P = the principal investment amount (the initial deposit amount) r = the monthly interest rate(returns) in decimal. n = the number of times that interest is compounded per month (in this case once or one time) t = the number of months the money is invested Note that this formula gives you the future value of an investment, which is compound interest plus the principal. Should you wish to calculate the compound interest only, you need this: Total compounded interest = P (1 + r/n) (nt) - P Or simply Total compounded interest =A-P Let's look at an example Compound interest formula (including principal): A = P(1+r/n)(nt) If an amount of #500,000 is invested with us and we return a monthly interest rate (returns) of 5%, the value of the investment after 60months (I.e 5 years) can be calculated as follows... P = #500,000. r = 5/100 = 0.05 (decimal). n = 1 (since we are compounding it once a month. t = 60. If we plug those figures into the formula, we get: A = #500,000(1 + 0.05 / 1) ^ (1(60)) = #9,339,593 So, the investment balance after 60 months (5years) is #9,339,593 Methodology Step-by-step explained, how we get the #9,339,593. This all revolves around BODMAS and the order of operations. Let's go through it: A = #500,000(1 + 0.05 / 1) ^ (1(60)) Using the order of operations we work out the totals in the brackets first. Within the first set of brackets, you need to do the division first and then the addition (division and multiplication should be carried out before addition and subtraction). We can also work out the 1(60). This gives us... A = #500,000(1 + 0.05) ^ 60 Then: A = #500,000(1.05) ^ 60 The exponent goes next. So, we calculate (1.05) ^ 60. This means we end up with: #500,000× 18.679185894122945668381742854713 = #9,339,593 You may have seen some examples giving a formula of A = P ( 1+r ) ^ t . This simplified formula assumes that interest is compounded once per period, rather than multiple times per period. We have the best currency trading team here to assist you in building your #500,000 to over #9,339,593 in 5years (60 months) (you will be getting an average monthly interest/income of more than #466,980 assuming you decide to start withdrawing your monthly interest after that) and helping you live the life you deserve even without a job. You can give us a trial. This is the best structured, secured and transparent savings/investment you will ever find in this forum. No lock up period on your savings/investments and you can withdraw or close your account anytime. Your withdrawals from our partner broker to your bank Mastercard/Visa debit card takes 2 to 4 days maximum. If you are using ecurrency payment system, it takes 5 mins to the ecurrency payment systems then you can then make instant withdrawals to your Nigerian Bank account using Nigerian trusted e-currency exchanges. You can also use Bank wire transfer. You might be interested in what we offer. We promise a target of average 5-10%+ monthly profit on your savings/investment. Funds in a secured licensed,audited and regulated financial firm. You can monitor your savings/investment anywhere you are in the world 24/7 using any internet enable device. Deposits/withdrawal are 100% controlled by the investor (We only have access to trade your account through the trading platform and not given access to withdraw). You are free to test us with any amount you can comfortably risk before saving/investing fully with us. Statement of account sent to your email daily. working risk to savers/investors capital is 5-10% risk and maximum permissible risk to savers/investors capital is 30%. Visit the link below. https://www.nairaland.com/3901897/currency-trading-journal-target-avg Visit the posts below to learn how to avoid scam and fraud. Learn to check and get the regulatory body's website to verify any company's regulatory status. https://www.nairaland.com/3925379/investments-anti-scam-fraud-guide https://www.nairaland.com/3931027/4-ways-avoid-investment-scams
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| Re: What Business Can I Do With 500,000? by marztar(m): 10:50pm On Nov 18, 2017 |
simple, i'll put it in three letters.... M M M.  |
| Re: What Business Can I Do With 500,000? by dokita001(m): 8:43pm On Nov 19, 2017 |
macsilver: You have really tried bro. I used to be like you too until I came in contact with the Qei NARV-P business opportunity. It remains the best decision I ever made. If u put 495k into the business, you will make 57,600 + 33,600 = 91,200 after 4weeks. N.B: If you do it this week: i.e between 20-24th November 2017, you will receive the N91,200 CreditAlert directly in your bank account in 2weeks time unfailingly (i.e between 4-8th December, 2017) It is real! It is not rocket-science, I will explain how it will happen for you. If you are not convinced beyond reasonable doubt, don't do it. But If you are interested, whatsapp me: 07066620720 or call me: 09071231489
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| Re: What Business Can I Do With 500,000? by Nobody: 9:05pm On Nov 19, 2017 |
Inbox me and I would put you through step by step to invest in the best investment "cryptocurrency" xchangrate@gmail.com |
| Re: What Business Can I Do With 500,000? by sKeetz(m): 9:11pm On Nov 19, 2017 |
Look at all these wolves in sheep clothing trying to devour op's 500k by all means. Op, you better be careful lest you lose that 500k. Don't listen to anybody who will promis you unrealistic ROI. Any business you want to do, please have a considerable knowledge about it before investing your money into it. Don't listen to the scammers above or below me. They have already started promising you heaven and earth. Be smart, bonne chance! 1 Like 1 Share |
| Re: What Business Can I Do With 500,000? by dokita001(m): 10:40pm On Nov 19, 2017 |
sKeetz: Mr. Sheep in sheep's clothing (who recognizes "wolves in sheep's clothing" ), Our dear brother asked for help which should be in form of an advice. I want to believe that he is matured enough to see as many business as possible, know genuine & ingenuine ones as well as know realistic and unrealistic ROI. Just give your own business-type advice (if you have any) and leave matter for matthias, don't come here to discredit other people's business-type proposal. If I told you that "water" burned, ask me to bring/produce the ashes. E seun, e ku ife...Komanbegoin! |
| Re: What Business Can I Do With 500,000? by Nobody: 1:43am On Nov 20, 2017 |
macsilver: Love these you are in the same shoes with my senior Sister and now she's praying for me everyday....... can 80k do you every month? if yes chat me up on WhatsApp 08179639117 |
| Re: What Business Can I Do With 500,000? by Futureinvestors(m): 2:42am On Nov 20, 2017 |
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| Re: What Business Can I Do With 500,000? by matoxy(m): 8:53am On Nov 20, 2017 |
Why not try this online gold investment where you earn between 1.5%-2.5% intrest daily. You start with little amount to try and see how it work. For more info, contact me on my whatsapp no: 08183549549 |
| Re: What Business Can I Do With 500,000? by macsilver(m): 1:12pm On Dec 08, 2017 |
darkenkach: What would you rather I do? |
| Re: What Business Can I Do With 500,000? by Nobody: 1:26pm On Dec 08, 2017 |
firstly. I will like to know where you reside. whatsapp me on 09073543930 |
| Re: What Business Can I Do With 500,000? by bizzleAds: 5:36pm On Dec 08, 2017 |
my brother for me..your sure bet is investing in agriculture with your cash..depending on where you reside... i can put you through successful poultry farming{broilers)..its a money spinner.. |
| Re: What Business Can I Do With 500,000? by Veeflow(m): 6:13pm On Dec 08, 2017 |
Bros me no go lie u..unto man to man stuff. Just go hide that money beyond your reach and learn a good handwork.. You are educated..u can fix into anything u find interesting like working in a bakery to get experience about it..soap making.. Shoe making.. Marketing imported goods to wholesalers direct and so on.. When u finish.. Use your 500k and any other money you got to fix up your life.. Cux here in naija. Even with 2million u still a won't find something that will make okorocha set up your statue  2 Likes |
| Re: What Business Can I Do With 500,000? by jezsie: 1:33am On Dec 09, 2017 |
9ja!!! Read this: (http://akinniyifelix..com.ng/2017/12/never-depend-on-your-on-your-academic.html) my brother and get back to me. 3k daily, 60k monthly,etc. Those who met me via nairaland have great testimonies already. macsilver: |
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