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Stats: 2,257,723 members, 4,939,014 topics. Date: Thursday, 23 May 2019 at 08:43 AM
|Land Or Treasury Bill As Investment by praxs(m): 12:58am On Apr 15|
I 'd like some financial advice from nairaland family on possible financial investment I could go into especially at my age (28) and still single.
I am based somewhere in the northern part of the country. I have 500k spare that I need to invest in. I thought about different ideas and settled for this two. My type of job wouldnt allow me to run and supervise my business properly, hence the choice of investment . Which would be the best for me: forget about the grammar.
Do note that I don't really have much idea about how TB works. What will be the current return of TB worth 500k and from month will I start earning.
Thank you for your contributions
|Re: Land Or Treasury Bill As Investment by aaronson(m): 1:19am On Apr 15|
praxs:land, ROI on land could quadruple in a year compared to Treasury bills depressing percentage rate per annum.
Choice of location is also a factor to consider when getting a land, even when you get land in a non flavourable location you still will getting back times 2 of your ROI in the future when you ready to cash out.
The best time to invest on treasury bills is when you have huge funds like say 7 million and above or When the Economy is crashing and inflation creeps up like back in 2016 recession.
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