yeyerolling:
Risk averse go for mutual fund or tbills
Risk taker - stocks.
Considering most nigerian companies are fraud stay away from stock

onyokometer:
Bros abeg use your cash and buy land,sale after two years. Shares or mutual fund na nonsense. The ones I bought ten years ago deprecated and is still depreciating. I regret,had it been I bought land with those money. Ibtc mutual fund,zenith mutual fund etc na nonsense. ......no gain at all.

engrhorla:


You are fantastically correct.

Though, shares, stocks and treasury bills are good forms of investment.

But if you want a zero risk plus high RoI on your money, go for lands.

To reduce the risk, go for lands sold by registered real estate development firms such as Adron Homes..chat me for more info

dotcomnamename:


I will tell you what i did, only if you will listen.

(1) I invested millions same figure in both Treasury Bills and Mutual Funds and i can confirm that i've never regret investing on them. Your money is very SAFE. All you need is to visit your bank and tell them you want to invest in Treasury bills. They will definitely want to convince you to leave your money in your bank account or fixed it, but insist that its your money and that is what you want to do with your money. Secondly, visit any StanbicIBTC Bank and tell them that you want to invest in Money Market Funds, they will tell you their requirements and open the account for you. You will be able to log in to your account at anytime and see how your money is growing. It is very very simple an enjoyable. As a matter of fact i don't live in Nigeria and i did both Treasury Bills and Mutual funds from here online. Its so sweet!


PLEASE NOTE: The last one below depend on your risk appetite:

(2) I invested in different cryptos and i threw my hardware wallet on top my ceiling until one of the cryptos's price can by me lambo!

A plot of land is also an option but make sure you buy it through Property Lawyer, forget all those property agents...

In Summary- DIVERSIFY.. The smart way to save and invest is diversification, spreading your money between different kinds of investments (called 'asset classes') and different kinds of investment product helps reduce the risk of your overall investments

whitebeard:
so what about someone within the age 20-27 which do u recommend

chukzyfcbb:

its nonsense when you are investing with peanuts :-)

Someone is smiling to the bank every year with his millions. The same land you speak of. I know of some that hasn't improved in price in that last 2yrs.

Same goes for shares. Why I dey even waste my time replying you sef. na me make mistake

Na where your level of knowledge reach, u go stay in

Don't blame them . I was once like them. They are many on nairaland, some eventually got the logic while some are still chasing their shadows and are yet to understand that false knowledge is more dangerous than ignorance. In all, investing your money in anything is your personal choice.

It’s pointless to set goals if you are not going to try to hit them. For instance, whether Treasury Bills and Mutual Funds are nonsense or not, i love locking my money there for a reason .

NonFarmPayrol:
Go to coin market cap
For coin men

Buy the following coins

Pundi x
Sugar exchange
Token pay (900% last two weeks?
Eos

6 months from now u shud have 100 to 1000 %

FCK all these offline investment

erico2k2:

Mutual FUnd is SCAM, I thought by now you guys are wiser

AgamaProf:

Its not. Buying land is capital intensive.Do you have capital to buy land?

erico2k2:

what do you mean capital intenssive? there are lands for N1.5m in some qrters as we speak

AgamaProf:

The OP might not have up to that amount. Buying land in the village which is considered cheap might not really be good investment. With 500k you can have good investment in stocks and mutual fund.The word mutual involves pooling large amounts and gives opportunity to small and medium scale investors to invests in assets that individually might not be able to invest in.

Nairaruky:
Mutual funds in Nigeria is not encouraging
If I were you,I will invest 30% in forex I.e buy $ and lock it up in dom acct
40% in ZENITH or GT bank be rest assured of 8 to 15% appreciation/ yr no matter the bear n fluctuating crude prices...dz two banks are bear resistant
The rest 30% in 3mths TB roll over
Provided you are employed and earn money monthly.....
Do this for 5 yrs...you are out of the rat race

Nairaruky:
Mutual funds in Nigeria is not encouraging
If I were you,I will invest 30% in forex I.e buy $ and lock it up in dom acct
40% in ZENITH or GT bank be rest assured of 8 to 15% appreciation/ yr no matter the bear n fluctuating crude prices...dz two banks are bear resistant
The rest 30% in 3mths TB roll over
Provided you are employed and earn money monthly.....
Do this for 5 yrs...you are out of the rat race

chloride6:


Lol..

In my opinion mutual funds are of course the best options because it allows you leverage on the expertise of your asset managers.

The average asset manager has CFA qualification, an MBA, advanced technological tools and at least 5 years finance experience. Even so, they still get it wrong.

Please send me a PM if you have further enquires so I can setup a meet. A one on one discussion may be useful in clearing up obscurities.

I am a financial analyst in training at Nigeria's second largest Asset Management Business in case you are wondering.

erico2k2:
Mutual FUnd is SCAM, I thought by now you guys are wiser

partnerbiz4:

please explain oga eriko

partnerbiz4:


Please do you think that Treasury bills rate are likely to increase or decrease in 6 months time?

engrhorla:


You are fantastically correct.

Though, shares, stocks and treasury bills are good forms of investment.

But if you want a zero risk plus high RoI on your money, go for lands.

To reduce the risk, go for lands sold by registered real estate development firms such as Adron Homes..chat me for more info

erico2k2:

whats the % on RTI?

chukzyfcbb:
.
are you investing for passive income or you are investing because you don't have any use for the money yet.

If you are investing because you don't have use for the money now, then cool any amount would do.
Presently 1million could give u 120k per annum.

However if you are investing for passive income (side hustles) Then you need Plenty owo, at least above 1m. Eg say you invest 20million, you are guarantee nothing less that 2.5m per annum. I know some people will tell you that you can make more investing 20m else where.
but the truth is how safe are those investment. Tbills/Mutual funds is where u can dump billions and go and sleep without fear.

Like dotcom....said above diversify bro
no one knows the next asset that would become the oil money in future

erico2k2:

.No wonder people do not break even in 9ja when it comes to capital market, how can you have N500k and be talking about investing in the capital market, how far can that get you?? your managers might end up collecting the whole return.
Plz if you or anyone has N500k, its better to invest in Agriculture than wasting it on wishful thinking.

AgamaProf:

You talked about land,we told you its capital intensive. Now, its agric.what aspect of agric are you talking about?...is not the amount you invest in stocks that matters.if you like invest 50m....that 50m can turn to 500k within a short space. There are investors who are interested in highly volatile instruments called global hot money. They invest for a very short period, make their gains and divest. A mentor once said, I have never lost #1 since I started investing in stocks.people understand the market than others no matter how companies try to doctor their books.

NonFarmPayrol:
Go to coin market cap
For coin men

Buy the following coins

Pundi x
Sugar exchange
Token pay (900% last two weeks?
Eos

6 months from now u shud have 100 to 1000 %

FCK all these offline investment

dotcomnamename:



Don't blame them . I was once like them. They are many on nairaland, some eventually got the logic while some are still chasing their shadows and are yet to understand that false knowledge is more dangerous than ignorance. In all, investing your money in anything is your personal choice.

It’s pointless to set goals if you are not going to try to hit them. For instance, whether Treasury Bills and Mutual Funds are nonsense or not, i love locking my money there for a reason .

francdec4:
Greetings please which mutual fund type (money market or equity etc) do you recommend añd what's your personal experience. Also whàt did you notice iñ terms of reruns after investing same àmount in TB and Mutual fund...which hàs a better return at same interval. Thanks