Hi friends,

I have a token of #50,000 in my account with no aim of putting it to use anytime soon. Starting a petty business with it would have been the best but being a medical student in one of the most competitive universities around is a limiting factor.

Please, how best do u think I can invest this money? If business comes to mind, what kind of business could I venture into and won't affect my academics? Plz help

send me a PM on solace4god@gmail.com, 4 detail discussion, l will guide u d best way l can

solaceTK: send me a PM on solace4god@gmail.com, 4 detail discussion, l will guide u d best way l can

Ok. Thanks

@excel12go,there are a few good businesses you could do that won't disturb your studies.
But you must understand this,returns on investment come with risks on profit.
2 major classes of investment you can put your cash into:
1)Financial asset investment and
2)Non-financial asset invesment
Under financial,you have money market e.g-fixed deposit,treasury bills,bonds.These are short-term and almost risk-free,with returns of say 5-15% per annum.
There is also the capital market which is where companies stocks are traded.These are high-risk and meant for long-term purpose.You must understand the market or have someone that does-a financial adviser.

Then you have the non-financial where real commodities,products and services are traded. These can be for short-term or long-term based on your agreement with Partners.There is no guarantee of profits,however if you put your money with trusted partners who are willing to sign legal documents with you on your stake in their businesses and how much returns you will earn and when,then you are good to go as a dormant partner.You will only not take part in board decisions.If I may ask,which school are you?
You can look at businesses such as Photocopier,and find a good location to place it and a honest staff to put in charge (ofcourse you will have to pay for space).You can talk to the porters in your hostel and put a PS3 there (fairly used),you can set up a Chicken n Chips kiosk on campus.You can partner with a honest friend if #50,000 won't be enough and you both own the business.There are many others.

Angelstartups: @excel12go,there are a few good businesses you could do that won't disturb your studies.
But you must understand this,returns on investment come with risks on profit.
2 major classes of investment you can put your cash into:
1)Financial asset investment and
2)Non-financial asset invesment
Under financial,you have money market e.g-fixed deposit,treasury bills,bonds.These are short-term and almost risk-free,with returns of say 5-15% per annum.
There is also the capital market which is where companies stocks are traded.These are high-risk and meant for long-term purpose.You must understand the market or have someone that does-a financial adviser.

Then you have the non-financial where real commodities,products and services are traded. These can be for short-term or long-term based on your agreement with Partners.There is no guarantee of profits,however if you put your money with trusted partners who are willing to sign legal documents with you on your stake in their businesses and how much returns you will earn and when,then you are good to go as a dormant partner.You will only not take part in board decisions.If I may ask,which school are you?
You can look at businesses such as Photocopier,and find a good location to place it and a honest staff to put in charge (ofcourse you will have to pay for space).You can talk to the porters in your hostel and put a PS3 there (fairly used),you can set up a Chicken n Chips kiosk on campus.You can partner with a honest friend if #50,000 won't be enough and you both own the business.There are many others.

Thanks boss. I school in Ile-Ife; OAU to be precise

you are welcome.hope it was helpful.

Angelstartups: you are welcome.hope it was helpful.

Yes, it was. It opened my eyes.

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