What Business Can Invest Into With N2,000,000?

Be very careful bro, you sound desperate. That's some money some people would be willing to help you spend.

That it takes 10 years to get full returns, even if true, is not a big deal:
- If you are a long term investor, you won't mind the steady income for life.
- If you are a short term investor, you can sell it to someone else who would use it for rent,
- Or you can demand advanced payment of 5-10 years from each tenant! 
Regardless of which category you fall into, build the house first and then you can decide whether to sell.

One major problem with building construction in Nigeria is inflation. You may think your building will cost 2 million, but by the time you complete it (if you're not cutting corners) the costs might be running into five million naira!

A long time smart investor, would never inject his own cash into a venture that would take about 10years to break even.


Nigerian economy is not that bad yet

And why would someone want to pay that?





When we talk about investment, we tend to sometimes forget the opportunity cost for the amount been injected. And yes you can go wrong with real estate, ask Donald Trump . But the idea of implementing a mortgage concept would be able to make it more feasible. Anywayz, I am yet to see a Nigerian that is very successful through using the "Invest in Real Estate for RENT" concept in Nigeria.

Or do you know someone?

Hostels could even be worse in a Nigerian scenario. Who would rent your hostels during strikes and holidays? What happens to the income during that duration? Or students still rent during holidays? I really don't know,

Besides how much more can students pay, in comparison to people with jobs? Or are we talking about low cost hostel blocks?

Still the ROI takes too long, not really lucrative, from my own perspective and business sense. A reasonable ROI rate for a self financed investment should be about 2-5 years, not more than that. Most Nigerian real estate investments for rent takes about  10years+ or even 20years+



Scarcity can be a determinant to an investment opportunity, but should not be a constant reliable factor, in ROI calculation. You can't use the demand of today for a long time investment plan, you have to always accomodate to the possibility that the scarcity would be fullfilled in no time , since it is a visible opportunity, hence your forcasted return would be affected along the line.

Nevertheless, I don't think the returns is something to strive for. Rather I would prefer the mortgage or buy-renovate-sell concept of real estate investment.

Just say you are mostly interested in Short-term investments. That's what your buy-renovate-sell concept means. Quick, quick ROI served piping hot!



Yes, the scarcity might be fulfilled but not easily like that. Building houses is not exactly pure-water. I don't think it's something people can rush into because of capital. Then by the time the scarcity is fulfilled, you would have made enough returns and you can always sell off the building, which would have appreciated in value.

@KAZEY.
I LOVE ALL YOUR SUBMISSIONS SO FAR. please CAN U CADIDLY LIST THE BEST BIZ TO GO INTO WITH >500,000NGN?. I MEAN WHERE WOULD YOU PUT YOUR OWN MONEY?

THANX.

@BOLAONI

Please shed more light on this, it would be helpful. what sort of education will I need ? I have been an accountant for over 6yrs now and I am now just sick and tired of managing other people's money. I don't mind studying for any course connected to constantly being online. I am obsessed with surfing ! but honestly speaking please break this 'list' of yours down for a networking 'DUMMY' like me ! please DO HELP ! A.S.A.P !

When we talk generally about management of funds in regards to investment, this is a very critical aspect of the whole process of entrepreneurship, because it ends with generally two result, either you make profit (be successful) or you lose your entire investment, there is nothing like just being ok, because breaking even is within the margin of profit. Now to earn that certain profit in regards to being successful in any particular idea you get involved in, you really need to be ready for the effects, every idea is risky. There is no perfect business or venture.

As I said to a friend before, Entrepreneurship is a religion that you have to embrace, its not about just following the standards or guides or even becoming a professor in reading Entrepreneurship 101. It’s far more than that. It requires faith, believe besides patience and experience. It’s not a one day process, it takes years of trial and error to master.

Now what I am exactly saying is, if I recommend an idea to you now, that doesn’t mean you would strive in it. Ideas or business concepts are very vague. They do not guide you into achieving a particular success; rather they give you an opportunity to play with your money. The question is, are you ready to play with your money?

If you are not ready, then you should leave your money at the bank, its safer that way.

You must be ready to embrace that religion Entrepreneurship, and that means the idea would have to be built from within you, that is "How about offering to sell yourself?", Crazy as it may sound, the fact is, the moment you are able to achieve convincing people to buy you as an asset, then you have embraced and took the pledge in the religion Entrepreneurship.

So the question is, are you ready to sell yourself?

This is so wrong.  Entrepreneurship is not about selling yourself, its about selling a product or a service.  Those in the business of selling themselves are career people, not entrepreneurs.  You may hate me, but as long as you still like my forum (product), I will continue to make money through you.  That's part of what it means to be an entrepreneur.

I would suggest forgetting about finding someway to invest it by the end of june.  You are going to need time to study and develop your investment strategy.

As far as financial investings, i would suggest trading us stock options and the foreign exchange.  The time factor becomes an issu because if you really want to maximize your profits then you need to develop yourself to be a trader and handle your own business.

You can also think about using a portion of your capital to get a foreign exchange managed account where professional traders take care of your accounts.  You can email me for those links.

I would then suggest you find some nigerian youths to invest in who are already on the road and at least working to become successful.  Really, that is one of the most important things you can invest in.

I hear the little fast food joints in naija are kind of popular.  Have you thought about buying one of them?

There is plenty that you can do to not only get a profit but invest in your community and nation.  You just have to think about it and move in that direction.

Beyunce,

I have your email addy, will send you a comprehensive email to let you know everything you have asked for.
 
 
Hey i love your discourse here, please you can send to me as well- oparandu_chukwuma@yahoo.com

Sewa and Bolaoni i hope you guys are very serious about this investment plans of yours? I am asking because i am presently working on a business project(entertainment business) that will generate millions within the next twelve months. The project is about taking off and what we need now is funds. If you are interested we can be partners. My contacts are 08036672045 and my e-mail address is dakcee@yahoo.co.uk

you can start real estate business.  it is very lucrartive

How can someone start real estates with 2million naira? i don't think some people are making sense here.

  I believe if u don't have a better contribution,it rather not say anything that might confuse readers.