Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,716,583 members, 6,422,001 topics. Date: Thursday, 05 August 2021 at 12:00 AM

I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. - Business (4) - Nairaland

Nairaland Forum / Nairaland / General / Business / I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. (12658 Views)

Ejigbo Residents Lose N8 Million To Fake Microfinance Bank / You Need To Own A Business At The Age Of 20 To 30 / Dangote Donates N250 Million To 25000 Muslim Women In Minna Niger State (2) (3) (4)

(1) (2) (3) (4) (5) (6) (Reply) (Go Down)

Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by fabianiweka: 4:03pm On May 22, 2016
if we cannot export there are buyers who are ready to pay here in Nigeria so we won't worry about export
we just need to bring it from one state to another.we pay govt. revenue from the state of purchase the buyer will pay all our expense
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by ogb5(m): 4:16pm On May 22, 2016
fabianiweka:
if we cannot export there are buyers who are ready to pay here in Nigeria so we won't worry about export
we just need to bring it from one state to another.we pay govt. revenue from the state of purchase the buyer will pay all our expense

fabianiweka:
yes i know that it is contraband since 1979 we can still export through the right channel

Laws are made for a reason, not for fun. Export of sawn wood is prohibited to save our forests and to encourage local processing of wood products.

Exporting banned products "through the right nigerian channel" smells like bribing officials to look the other way.
If export of wood was encouraged and allowed over the years, you might not even see any wood to export today as others would have cleared away every single tree before now.

Be patriotic and engage in sustainable and lawful business.

1 Like

Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by Pidggin(f): 5:00pm On May 22, 2016
abbey621:


It's all by God's grace, the thing surprised me sef!

How did you make your money, what is the source of your wealth. In 6 years you have grown from poverty to wealth (according to you) why not keep doing what you are doing?

2 Likes

Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by Bitterleafsoup: 5:54pm On May 22, 2016
abbey621:
I'm sitting on about 30million in the bank just wasting away and I would like some guidance on the proper investment to put it on in Nigeria. I am U.S based but I come home frequently and also have trusted family and friends capable of representing me in 9ja. I would like a good business with excellent ROI, low to medium risk appetite and proven case studies. I am not in a hurry so I would be willing to entertain serious offers before making a decision, I prefer that the business comes from personal knowledge and I wouldn't mind the person with the business idea running the business for me in return for a share of the profit. In addition, if you are interested in a partnership, be prepared to submit a business plan which would undergo proper feasibility and regression studies. Thanks!

Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by abbey621(m): 6:35pm On May 22, 2016
Pidggin:


How did you make your money, what is the source of your wealth. In 6 years you have grown from poverty to wealth (according to you) why not keep doing what you are doing?

Trust me I'm going to keep on earning, I just like to diversify my investments. How did I change my status? A mixture of blessing, luck and being in the right place at the right time. I make nothing less than $8,000 per month after taxes as an I.T Auditor. I've managed not to get myself in trouble by keeping my expenses manageable and diversifying myself. I own about 4 different investments fetching me between $4000 to $6000 every 12 months, this amount I've been sending to Nigeria and investing in Treasury bills, since 2014. I've kept on reinvesting the profits and the principal. Just last year I received a bonus of $6800 from my job and a bonus of $8200 this year. All sent to Nigeria, chilling in the bank. The lucky thing here is that I did all this before I built a family! Some people work way harder than me and earn way more than me here in the US and cannot save a quarter of what I have, this is why I call it a mixture of blessing, luck and opportunity!

10 Likes 1 Share

Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by Pidggin(f): 7:45pm On May 22, 2016
abbey621:


Trust me I'm going to keep on earning, I just like to diversify my investments. How did I change my status? A mixture of blessing, luck and being in the right place at the right time. I make nothing less than $8,000 per month after taxes as an I.T Auditor. I've managed not to get myself in trouble by keeping my expenses manageable and diversifying myself. I own about 4 different investments fetching me between $4000 to $6000 every 12 months, this amount I've been sending to Nigeria and investing in Treasury bills, since 2014. I've kept on reinvesting the profits and the principal. Just last year I received a bonus of $6800 from my job and a bonus of $8200 this year. All sent to Nigeria, chilling in the bank. The lucky thing here is that I did all this before I built a family! Some people work way harder than me and earn way more than me here in the US and cannot save a quarter of what I have, this is why I call it a mixture of blessing, luck and opportunity!

Okay, good. It is surprising that someone with your level of financial intelligence(as you stated above) will still be searching for more knowledge on investment from this platform. From your post, you should be a consultant or are you trying to mock us? You seem highly financial literate, so why the unnecessary question? You should know what to do with your millions na? Wishing you good luck.

2 Likes

Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by AssoJnr: 7:54pm On May 22, 2016
Goodday, 
Please I saw your post and hope we can work together. 
  Vassotech consult is a registered firm in Nigeria with it's office in Abuja which is into architectural services, survey, town planning, supply and real estate services.  
   we intend to introduce concrete mixing machine which has the ability to mix concrete and pump it over high rise (storey) building. This system is not commonly used in Nigeria, it directly replaces laborers on site, increasing efficiency and reduce cost.
  Since we are professional in the built environment, I guarantee you this business would be a success.
  All we have to do is to visit construction site and talk to the contractor to let us cast his concrete slab at an agreed price,   which they would strongly keep searching for us since the system is still not commonly available like the traditional method of casting concrete and also has a high return of investment
   If you are interested,  please get back to me for more information.
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by abbey621(m): 8:38pm On May 22, 2016
Pidggin:


Okay, good. It is surprising that someone with your level of financial intelligence(as you stated above) will still be searching for more knowledge on investment from this platform. From your post, you should be a consultant or are you trying to mock us? You seem highly financial literate, so why the unnecessary question? You should know what to do with your millions na? Wishing you good luck.

No one is an island! Half of the things I know in life, I learnt from listening to people. The proposals I've received so far are highly educative and I'll be picking two out of those proposals to invest in once I've conducted due diligence!

6 Likes

Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by olabs201(m): 8:43pm On May 22, 2016
Invest in commercial farming.(soyabeans or sesame seed).
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by jeyselassie(m): 5:09am On May 23, 2016
Day11:
1)Pure/Bottle Water Business

2)Bar/Restaurant Business "Mega Shop"

3)Dry Cleaning/Laundry Shop. "Am setting one up soon"

4)Hotel - Fast Business in Lagos.

5)Betting....Visit Surebet247 outlet and put all the 20milla on Madrid VS Atletico match next Saturday.

Real Madrid WIN.

Good luck to you.
that lastone u said about madrid is pure f9. He didnt say he wants to gamble with the money
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by Engnrcollins(m): 7:00am On May 23, 2016
Day11:
1)Pure/Bottle Water Business

2)Bar/Restaurant Business "Mega Shop"

3)Dry Cleaning/Laundry Shop. "Am setting one up soon"

4)Hotel - Fast Business in Lagos.

5)Betting....Visit Surebet247 outlet and put all the 20milla on Madrid VS Atletico match next Saturday.

Real Madrid WIN.


Good luck to you.

Like seriously? You want him to use 20-25 mil to gamble? Seems like na ur relative get bet24/7.
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by anibest15(f): 10:05am On May 23, 2016
Have you considered running loan facilities at reasonable interest rate for some individuals/institutions?

1 Like

Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by treasuredkids(f): 10:21am On May 23, 2016
OK, tnx for the hint. I do have a package idea though.
Henix:
No business plan, no past record, no experience on the said agricultural venture, and you want some one to give you 5 million naira loan? You need to package your idea 1st

1 Like

Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by megacontrol(m): 10:24am On May 23, 2016
Hi,can you provide your contact email or phone here for me to discuss this with you? rgds

mployer:
I am doing large scale importation of the following items presently;

Electric cables

Wall switches and toner cartridges. You can partner with me if you like.

If you have the gut you can go to china and buy 20 tons aluminium roofing sheets(20 feet container). I will find buyers for you and you get all your money back in two weeks. The purchase will cost you 12mil and you get nothing less than 6mil profit in two months. No overhead cost.
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by treasuredkids(f): 10:30am On May 23, 2016
Exactly my thought and skepticism. Well just as he said, he likes listening to peoples views so he can learn more. Anyways good luck to u op.
Pidggin:


Okay, good. It is surprising that someone with your level of financial intelligence(as you stated above) will still be searching for more knowledge on investment from this platform. From your post, you should be a consultant or are you trying to mock us? You seem highly financial literate, so why the unnecessary question? You should know what to do with your millions na? Wishing you good luck.

1 Like

Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by mostyg(m): 10:47am On May 23, 2016
Whatever business you eventually decided to do, let it be the one that will bring more forex to Nigeria.
Let us be patrotic.
God bless Nigeria

Thanks

1 Like

Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by sonnie10: 1:03pm On May 23, 2016
abbey621:


Trust me I'm going to keep on earning, I just like to diversify my investments. How did I change my status? A mixture of blessing, luck and being in the right place at the right time. I make nothing less than $8,000 per month after taxes as an I.T Auditor. I've managed not to get myself in trouble by keeping my expenses manageable and diversifying myself. I own about 4 different investments fetching me between $4000 to $6000 every 12 months, this amount I've been sending to Nigeria and investing in Treasury bills, since 2014. I've kept on reinvesting the profits and the principal. Just last year I received a bonus of $6800 from my job and a bonus of $8200 this year. All sent to Nigeria, chilling in the bank. The lucky thing here is that I did all this before I built a family! Some people work way harder than me and earn way more than me here in the US and cannot save a quarter of what I have, this is why I call it a mixture of blessing, luck and opportunity!

You didn't tell them about money from your yearly tax return. Based on your income and of course what you claimed on your W2 should not be anything less then $7k every year.
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by abbey621(m): 1:20pm On May 23, 2016
sonnie10:


You didn't tell them about money from your yearly tax return. Based on your income and of course what you claimed on your W2 should not be anything less then $7k every year.

Hahahahaha.....Doesn't work that way bro, the more money you make the more tax liability you get! This year I had to pay almost 2k back to the IRS, apparently they tax investment income very high angry angry angry
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by abbey621(m): 1:24pm On May 23, 2016
anibest15:
Have you considered running loan facilities at reasonable interest rate for some individuals/institutions?

The risk factor plus inflation makes it very unappealing to me! Unless we are talking about at least a 20% flat yield, I'm not sure it's wise!
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by sonnie10: 1:37pm On May 23, 2016
abbey621:


Hahahahaha.....Doesn't work that way bro, the more money you make the more tax liability you get! This year I had to pay almost 2k back to the IRS, apparently they tax investment income very high angry angry angry

My friend made $120k and got $8k back. Like I said, it depends on what you claimed on you W2 form.
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by Henryedom: 1:48pm On May 23, 2016
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by hilmosglobalres: 2:02pm On May 23, 2016
you dont have any problem if you can join/partner with me to import sisal fibre. N15M PER 40FT cont. profit is 60-70%.
contact: amos_account@yahoo.com
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by fruzzy: 3:27pm On May 23, 2016
abbey621:
I'm sitting on about 30million in the bank just wasting away and I would like some guidance on the proper investment to put it on in Nigeria. I am U.S based but I come home frequently and also have trusted family and friends capable of representing me in 9ja. I would like a good business with excellent ROI, low to medium risk appetite and proven case studies. I am not in a hurry so I would be willing to entertain serious offers before making a decision, I prefer that the business comes from personal knowledge and I wouldn't mind the person with the business idea running the business for me in return for a share of the profit. In addition, if you are interested in a partnership, be prepared to submit a business plan which would undergo proper feasibility and regression studies. Thanks!
hi kindly contact me through my email:rostix4@gmail.com..good day
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by abbey621(m): 4:44pm On May 23, 2016
sonnie10:


My friend made $120k and got $8k back. Like I said, it depends on what you claimed on you W2 form.

Your friend is either very lucky and/or very smart! I don't mess with the IRS, they're worse than the FBI and CIA combined grin grin grin
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by seyibal20: 4:44pm On May 23, 2016
abbey621:
I'm sitting on about 30million in the bank just wasting away and I would like some guidance on the proper investment to put it on in Nigeria. I am U.S based but I come home frequently and also have trusted family and friends capable of representing me in 9ja. I would like a good business with excellent ROI, low to medium risk appetite and proven case studies. I am not in a hurry so I would be willing to entertain serious offers before making a decision, I prefer that the business comes from personal knowledge and I wouldn't mind the person with the business idea running the business for me in return for a share of the profit. In addition, if you are interested in a partnership, be prepared to submit a business plan which would undergo proper feasibility and regression studies. Thanks!






Why don't you cash in on the recent unfortunate hike in dollar exchange rate. I have access to dollar @ between 280 to 300. You can quickly sell off in a day or 2 and have your funds back with profit.
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by abbey621(m): 4:48pm On May 23, 2016
seyibal20:







Why don't you cash in on the recent unfortunate hike in dollar exchange rate. I have access to dollar @ between 280 to 300. You can quickly sell off in a day or 2 and have your funds back with profit.

I'm not in Nigeria!
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by aikfrank(m): 4:54pm On May 23, 2016
abbey621:


I'm interested, kindly send me a business plan via info@globalsynctechnology.com

I have sent you the first part of the business plan, please check your mail and please remember to drop a response

Thanks smiley
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by sonnie10: 4:58pm On May 23, 2016
abbey621:


Your friend is either very lucky and/or very smart! I don't mess with the IRS, they're worse than the FBI and CIA combined grin grin grin

You don't get it. Nobody is asking you to go do anything silly. It is not about being "smart." It is a provision available to everybody but some are just not aware of it.

Pay attention to you pay stub, there you will find the number used for tax deduction, it could be any number from 1-7 or more. What you gave to your employer is what they use. If you claim a higher number, you get more money in your (bi)weekly pay check but less tax return. However, when you claim a lower number, you get less less money on you pay check but at the end of the year, more money as tax return.

The advantage of getting more on tax return is that the money was deducted pre-taxed. So you get it back as tax return they same way it was taken.

Here is an illustration;

If you are deducted for example $4k additional on tax during the year, when you file you tax, that $4k -give or take- would be returned to you non -taxed. What this means is that, that portion of your income is not taxed. In simple terms, what you did was that you gave more than what you were supposed to give for the government to use, which they eventually returned to you at the end of the tax season.
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by mployer(m): 5:26pm On May 23, 2016
megacontrol:
Hi,can you provide your contact email or phone here for me to discuss this with you? rgds


whatsapp. 08035774131
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by abbey621(m): 5:33pm On May 23, 2016
sonnie10:


You don't get it. It is not about being "smart." It is a provision available to everybody but some are just not aware of it.

Pay attention to you pay stub, there you will find the number used for tax deduction, it could be any number from 1-7 or more. If you claim a higher number, you get more money in your (bi)weekly pay check but less tax return. However, when you claim a lower number, you get less less money on you pay check but at the end of the year, more money as tax return.

The advantage of getting one on tax return is that the money was deducted pre-taxed. So you get it back as tax return they same way it was taken.

One thing you do not know is that you can NEVER get the exact amount taken out of your paycheck back via tax return, there's a limit on what you can get back! Someone making $120k a year will have a total tax liability of over $18k using 0 or 1 personal exemption. Now unless your friend paid more than that in taxes, he's not going to get a dime back. This is why people have deductions and credits such as child tax credit, American opportunity credit, business deductions, medical deductions and so on. My point here is that your friend's W2 played only a little part in what he got back from the IRS when compared to his deductions and credits. You can ask him for confirmation!

1 Like

Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by sonnie10: 5:54pm On May 23, 2016
abbey621:


One thing you do not know is that you can NEVER get the exact amount taken out of your paycheck back via tax return, there's a limit on what you can get back! Someone making $120k a year will have a total tax liability of over $18k using 0 or 1 personal exemption. Now unless your friend paid more than that in taxes, he's not going to get a dime back. This is why people have deductions and credits such as child tax credit, American opportunity credit, business deductions, medical deductions and so on. My point here is that your friend's W2 played only a little part in what he got back from the IRS when compared to his deductions and credits. You can ask him for confirmation!


Now you get a picture of what I am saying. Say my friend paid $28k instead of $18k in taxes. Do you know how much tax he would have paid on the $10k difference?
Re: I Have 20 To 25 Million To Invest, Looking For Good Investment Opportunity. by axmedion(m): 8:59pm On May 23, 2016

(1) (2) (3) (4) (5) (6) (Reply)

Unexpected money in my account - What do I do? I have bills to pay! / How Do I Withdraw My Cash Now From Clickbank? / Developing A Company Profile And Writing A Business Proposal

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 188
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.