internationalman:

this is simple d best idea.
Just 90 minutes and he's 150k richer.
But what if e cut?

That Na why I advise am the otherwise as well

sotall:

Assuming you saved all your allowance for the whole service year, you will have19800 * 12= 237600 . How come you now have 300K??
Shey you no dey chop Drink nko? Other expenses nko?

It means you were doing other things in addition to your nysc stipend.

My advice keep doing what you were doing that helped you saved that much.

Did u read at all before commenting.

nextstep:


Yes, money market fund would be better than savings actually. I suppose I meant to say cash or equivalents (meaning money that has zero risk of loss)

guy , how una take dey do this thing ? am a copper too .

Dubby6:
Use am open Porn site...
Porn pays

And u go send him ur sisters nudes to use furnish the Business cos we don sabi dose girls wey dey other sites finish. Just want to make Common Sense... #ElinBruce

Dubby6:
Use am open Porn site...
Porn pays

And u go send him ur sisters nudes to use furnish the Business cos we don sabi dose girls wey dey other sites finish. Just want to make Common Sense... #ElinBruce

Get a land and start farming ,control your money ....

19800*10=198,000. Nysc is only for 10 month's so how come you were abel to save upto 300k from ur alaawi, my brother there's God oooo!!!

HAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!!!!!!!!!!!!!!!!!

KendrickAyomide:
put am for MMM na??

Mup4life:
pls, which firm do you use for the market funds and what's the interest rate? Thnks

Stanbic ibtc. 18% p.a

Cretaceous:

You have a first class in maths - that's nice. How good are you at ordinary differential equation, partial differential equation, numerical methods, Fourier series and Laplace transform?

I'm very good in all of those topics you mentioned and even more like Riemann and Lebesgue integral, complex analysis e. t. c.

in my humble advise,pls get confirm 2odd and put,bcus, even buss.in nig.presently is so challenging,all the best

jwax:
Nairalanders please I need your candid advise. Presently I am a Batch B corp member that will be passing out in October. Have been able to save up to N300,000 during this service period. I never touched my allawee, I didn't buy any clothes or even clubbed, I fed and lived on money I get from private lessons and the 5k Stipend my PPA give me, so that made me to save allawee and also the little I get from private lessons.

Right now I will be going into labor market and my heart is already beating fast.


The money isn't enough to even rent a shop and I don't know what to invest in, I don't want to go into network marketing cos even my 140k in Swiss Golden didn't come back to me and am so pained.

Please I need investment advise

My candid advice invest it in me

joshuakdboy:



I'm very good in all of those topics you mentioned and even more like Riemann and Lebesgue integral, complex analysis e. t. c.

If you are, would you be open to teaching those aforementioned topics at a reasonable fee? If you are based in Lagos and wouldn't mind doing a tutorial, hit me up and let's negotiate.

concho:
#rule no 7; ''dnt xpect ppl to treat u well because u r a gud man'' ........
Prove him wrong or we believe him

Belive him / belive me so idc

Invest in livestock. Send me a mail: thomgeof@gmail.com

Too many broke people giving financial advice. My brother if you dont know what to do with your money then shut up. Put it in an account and think. Take a stroll around your locality And identity a pressing problem you can solve for people. Business is not risky if done right. Dont follow the crowd. Think of solutions.
My cousin used his allowance from service to acquire liabilities and marry. Now he is back to square one

KendrickAyomide:
put am for MMM na??

You no try at all.

Bet9ja has great ROI,try it and thank me later.

Yabiola26:


Join a what'sapp agropenuer group and thank me later you will be glad you did..
An exerpts from the group today

COST BREAKDOWN OF ONE HECTARE OF MAIZE
1. Mechanical land clearing and preparation = N25,000
2. Land lease charges: N8,500 per hectare per year
3. Consultancy and administrative fees = N25,000/hectare/planting season (these include security arrangement, community development services, signpost construction/demarcation barriers, logistics, research and farm management)
4. Maize seeds @ N700 per kg, 20kg will be needed for 1hectare = N14,000
5. Mechanical Planting = (N10,000 per hectare)
6. Pre-emergence herbicides (5 liters at N2500/l) = N12,500
7. Fertilizer (ratio of 20:10:10, 9 bags at N10,000/bag) = N90,000
8. Application of herbicides = N10,000
9. Labour cost for application of fertilizer (8 pd at N500/pd) = N4,000
10. I Unit of Knapsack Sprayer = N2,000 (One-time purchase).
11. Harvesting = N15,000
12. Miscellaneous (especially for unforeseen expenses or circumstances, for example in case we may have to buy pesticides, for example, there was an infestation of army worms last season so we have to be fully prepared, although the chances of insect attack in maize is very low, we have to be prepared for all outcomes) = N15,000
Total
COST OF FIRST SEASON OF PLANTING = N231,000
COST OF SECOND SEASON OF PLANTING = N204,000
MAIZE GROWS VERY QUICKLY, READY FOR HARVEST IN JUST TWO MONTHS AND THESE EXPENSES ARE MADE OVER THE SAME PERIOD AND NOT AT ONCE.
PROFITS AND RETURNS
You can get up to 2 tonnes (2,000kg), of processed maize grains from one hectare. One tonne goes for N183,130 and two tonnes will be N366,260.
PURE PROFITS IN FIRST SEASON = N135,260
PURE PROFITS IN SECOND AND SUBSEQUENT SEASONS = N162,260
PLEASE NOTE: JOINING A GROUP OR PAIRING UP WITH A NAIRA MEMBER GREATLY REDUCES THE COST. A GROUP CAN HAVE A MAXIMUM OF SIX PEOPLE.

How can I join d WhatsApp group

Piiko:
Agriculture is the way to go, I lost a fortune in my fish farming business, I consulted and noticed it can still be lucrative, get a mentor to help you along the way

With that amount,fish pond biz is out of it. It I'll swallow that money like bet9ja but I I'll advise him to go into palm oil biz. U I'll be looking for my number to thank me.

joshuakdboy:
I'm here to get ideas. same situation as you op. I also have been saving since I started NYSC. I'd pass out in October as well. I've Been thinking about the labour market though I have a First Class in mathematics and this university I'm serving might have interest in me.
I want to start a business after passing out.

cheers.

may we be favoured.

Pls message me

Can you please add me to the group. Im intrested 08021202089

Yabiola26:


Join a what'sapp agropenuer group and thank me later you will be glad you did..
An exerpts from the group today

COST BREAKDOWN OF ONE HECTARE OF MAIZE
1. Mechanical land clearing and preparation = N25,000
2. Land lease charges: N8,500 per hectare per year
3. Consultancy and administrative fees = N25,000/hectare/planting season (these include security arrangement, community development services, signpost construction/demarcation barriers, logistics, research and farm management)
4. Maize seeds @ N700 per kg, 20kg will be needed for 1hectare = N14,000
5. Mechanical Planting = (N10,000 per hectare)
6. Pre-emergence herbicides (5 liters at N2500/l) = N12,500
7. Fertilizer (ratio of 20:10:10, 9 bags at N10,000/bag) = N90,000
8. Application of herbicides = N10,000
9. Labour cost for application of fertilizer (8 pd at N500/pd) = N4,000
10. I Unit of Knapsack Sprayer = N2,000 (One-time purchase).
11. Harvesting = N15,000
12. Miscellaneous (especially for unforeseen expenses or circumstances, for example in case we may have to buy pesticides, for example, there was an infestation of army worms last season so we have to be fully prepared, although the chances of insect attack in maize is very low, we have to be prepared for all outcomes) = N15,000
Total
COST OF FIRST SEASON OF PLANTING = N231,000
COST OF SECOND SEASON OF PLANTING = N204,000
MAIZE GROWS VERY QUICKLY, READY FOR HARVEST IN JUST TWO MONTHS AND THESE EXPENSES ARE MADE OVER THE SAME PERIOD AND NOT AT ONCE.
PROFITS AND RETURNS
You can get up to 2 tonnes (2,000kg), of processed maize grains from one hectare. One tonne goes for N183,130 and two tonnes will be N366,260.
PURE PROFITS IN FIRST SEASON = N135,260
PURE PROFITS IN SECOND AND SUBSEQUENT SEASONS = N162,260
PLEASE NOTE: JOINING A GROUP OR PAIRING UP WITH A NAIRA MEMBER GREATLY REDUCES THE COST. A GROUP CAN HAVE A MAXIMUM OF SIX PEOPLE.

Look for a state in the north that you can buy goat or beans at a cheaper rate and go to onitsha to sell.

radiokilla:
Stanbic ibtc. 18% p.a

Thnks bro, pls can we talk on whatapp? You can mail me your number my email is mup4life@gmail.com.

Mak i just book space shaa i fit use this thread for future... By the way>> Start a blog with 50k. Am not a pro but have advice....... #goodluck

mysteryman2014:



Did u read at all before commenting.

Yes, I did.
Did you understand after reading what the original poster wrote as well as my response?

jwax:
Nairalanders please I need your candid advise. Presently I am a Batch B corp member that will be passing out in October. Have been able to save up to N300,000 during this service period. I never touched my allawee, I didn't buy any clothes or even clubbed, I fed and lived on money I get from private lessons and the 5k Stipend my PPA give me, so that made me to save allawee and also the little I get from private lessons.

Right now I will be going into labor market and my heart is already beating fast.


The money isn't enough to even rent a shop and I don't know what to invest in, I don't want to go into network marketing cos even my 140k in Swiss Golden didn't come back to me and am so pained.

Please I need investment advise

send me a mail. with that 300k u will earn 120k monthly. arimahoseloka009@gmail.com

deepwater:
Op, take a chill pill. Don't rush into anything yet, Nigeria of today is business scary and with 300k you don't have any business money yet.

Take that money to the nearest stanbic IBTC branch and buy treasury bills from the FG for 364 days tenure at primary market. I have mentioned stanbic in order to make you achieve the best rate. Interest rate are very high now.

Collect your interest upfront and experiment on anything that comes to your mind at pilot scale only.

At maturity date, your 300k alert would wake u up, you may decide to push the funds into whatever your have experimented with if the ropes have been learnt well enough.

In the interim, while you experiment at pilot scale with your interest from treasury bills, apply for jobs and consider getting a salary job, you are a fresh graduate don't be afraid of climbing the ropes with little pay. Better pay comes with better work experience which is obtained from the beginning.

Don't consider your self an entrepreneur as true entrepreneurs don't get stuck with money and no ideas. People must have poisoned your mind NOT to work on a salary scale, my brother look well, the same people couldn't secure a job after much trials.

All the best and happy investing.

N. B: there is a thread on TREASURY BILLS here on Nairaland that will educate you and give you financial buoyancy, many don't know because secrets to wealth are never revealed nor advertised but are being discussed like it doesn't matter.

So he sticks his N300k in TB and perhaps collects 20% which is 60k. Can 60k keep him going for one year unless he continues teaching maybe in a primary school for N10,000 a month.

Well ! I can't say much.

Bro can I send you PM?

Ymodulus:
Hello Jwax can you contact me?


I have something for you.


Also let me have your contact

isyourboy:
Pls message me

I've just sent you a Private message