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alanbolo (m)
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Definitely, I'll go for the land as a stable means of investments. Shares do go up and down, and are bound to be subjected to geopolitical influences, if you miss out now, you can also buy a similar share type but Land on the other hand will not depreciate.
Ensure you purchase from a reliable source, otherwise you'll pay triple the amount for the omo-onile(s).
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honeric01 (m)
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you can go for a plot of land somewhere you know would soon be open, as soon be urbanised, now that we have alot of banks buying propertise now
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honeric01 (m)
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i support the last post, go for land if its long term, i want that for myself too
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kintro (m)
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Hi Guys,
Talking about lands. Does anyone have info about buying land in IBADAN and price per plot ,
thanks 4 anticipated contributions
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tglaz (m)
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I love this blog!!!  |
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diglo (m)
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Hello nairalanders, i need to invest some money in shares and i don't know how to find a standard stock broker
The said amount is for short term purpose so this means that the broker must be very alart and a good speculator.
All inforrmation would be appreciated.
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mimiko (f)
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just pick one of the two remember the hugher the risk the better the returns
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naijaking1
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@poster
Time seems to have answered your question. Around the time in question, I bought 2 plots of land around Abuja for 900K, and bought 10k shares of First Bank for 330k, ie 33/each.
Today, I'm still waiting for the stock certificate from First Bank, but the stock is at valued 43 naira each or 430k for my total portfolio.
The 2 plots of land I bought for 450k each is currently selling for 1.5million each after a bridge and road were added to the area.
I leave you to calculate the % increase.
I am not based in naija, and certainly not a stock exchange professional, and all my transactions were done from overseas using advice I picked up from this forum, and of course some relatives in naija.
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youngdoc
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Naijaking
your case is exceptional because you were lucky, or savvy in picking a choice plot. If you wait for First bank it will definitely reach its real price of about N50-60 and the profit should be almost comparable then. I don't agree that land is that short-term in appreciation rates.
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naijaking1
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Naijaking
your case is exceptional because you were lucky, or savvy in picking a choice plot. If you wait for First bank it will definitely reach its real price of about N50-60 and the profit should be almost comparable then. I don't agree that land is that short-term in appreciation rates.
I'm definitely not savvy, maybe lucky. This lack of certificates many months after the PO is a big minus for naija stocks. |
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raffite
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We buy, We sell, We manage Land and Houses. CALL: 08035070731 OR 08057403937 NOW!
A piece of Land measuring approximately Seven Thousand Three Hundred and Eighty-Nine square meters (7389m2) located at NigerCat area in Ekpan, DELTA STATE: suitable for church site or campground, school or corporate residential quarters. Contact the mandated or authorized real estate broker, Sheriff Abugu on 08035070731.
NOTE: 100×100 ft sq units and 100×50 ft sq units are also available at the same location
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