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Where To Invest In Nigeria In 2020 And Earn Better Returns Than Tbills by ogedanny: 9:16pm On Dec 01, 2019 |
This guide contains tips to where you can invest your money in Nigeria in 2020 and earn better returns If there’s anything I can tell you about money, it is that you should fear one thing: inflation. Inflation in a lay man's term measures how prices of goods we consume everyday change over time – the percentage (%) changes each year are called inflation rates. Let's say the price of a basket of tomato last year was N7,500 and this year, the same basket of tomato now sells at Mile 12 for N10, 200, we can say inflation rate is 36%. Although inflation isn't measured by the percentage change in a single essential commodity, a collection of different varieties of food, I only used this scenario to educate an average non-finance individual. Nigeria’s inflation rate increased to 11.61% in October 2019, the highest in 17 months - an increase that is not unconnected to increase in the price of bags of rice, carton of imported poultry outputs and raw materials following the border closure on August 2019. What does rising inflation means for you, your expenses and investments? What this means is that if a small bag of rice, which was sold for 5,000 a few years ago, is 18,000 today, at the current inflation rate, this time next year, that same bag will cost you 20,089.8. Now imagine you have to keep 100k aside for investments. What effects will inflation have on your plans? Let’s examine the possibilities: Click here to see Nigeria Stocks to Buy in 2020 YOUR GUIDE TO BUILDING WEALTH To build wealth, you have to be mindful of investing in options that pay higher interest than the inflation rate. Investment opportunities are everywhere, but not all are equal.so what should you do? ELIMINATE THE JOKERS Before we even start, let’s just remove your bank as a serious option. Storing money in your bank’s savings account will earn you a maximum of 3-4% interest. (8% below inflation rate) if you stored your 100,000 in the bank for a year, you’d have lost money at the end of the year. But because your bank won’t pay you high interest doesn’t mean you should listen to fraudsters. If anybody tells you to invest 20,000 for a 500% return in 1 month without a convincing business model, that is not a safe investment, so run as fast as you can. ASSESS THE AVAILABLE OPTIONS Good work so far. We have now removed both the official and unofficial crooks, so what’s left? What can you actually invest in without stress? TREASURY BILLS (also known as T-Bills): These are generally regarded as the most ‘secure’ investment to make because they are backed by the government. As of this write-up, CBN has just banned local investors from accessing the primary and secondary market of its OMO instruments, one of the highly sort-after and high-yielding risk-free investments in Nigeria. As a result of this recent development, pension funds, insurance, non-banking institutions and corporate investors are now on queue for Treasury bills, hence pushing interest rates to lower levels. Click here for investing ideas in 2020 and earn better returns than T-Bills |
Re: Where To Invest In Nigeria In 2020 And Earn Better Returns Than Tbills by glingev(m): 2:19pm On Dec 27, 2019 |
Thanks for the info |
Re: Where To Invest In Nigeria In 2020 And Earn Better Returns Than Tbills by ogedanny: 6:12pm On Dec 27, 2019 |
You are welcome |
Re: Where To Invest In Nigeria In 2020 And Earn Better Returns Than Tbills by acorntree(m): 7:17am On Dec 28, 2019 |
So what's new investment we should look out for in 2020 1 Like |
Re: Where To Invest In Nigeria In 2020 And Earn Better Returns Than Tbills by johnkay1(m): 8:23am On Dec 28, 2019 |
OP is showing attributes of scammer. From nairaland to your site, from your site to telegram. Only God knows where you will take them to from you telegram. Same way GNLD we pose as a company, direct you to their brain formatting gathering, show you how they're making millions (though they'll all wear tattered clothes and bend shoes) through selling of supplements and referral. By the time it hit you that they're GNLD you will need holy Spirit to resist the urge to strangle their moderator. 7 Likes |
Re: Where To Invest In Nigeria In 2020 And Earn Better Returns Than Tbills by ameboqueen: 8:20am On Jan 01, 2020 |
Does the blog look like a scam to you? |
Re: Where To Invest In Nigeria In 2020 And Earn Better Returns Than Tbills by Nobody: 9:56am On Jan 01, 2020 |
People teaching Treasury bill yet they have none. Savings account and Treasury bill may soon equal in returns. 1 Like |
Re: Where To Invest In Nigeria In 2020 And Earn Better Returns Than Tbills by Kenni700(m): 3:46am On Jan 04, 2020 |
. 1 Like
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Re: Where To Invest In Nigeria In 2020 And Earn Better Returns Than Tbills by Lovelygbems: 1:28pm On Oct 08, 2021 |
We offer 15% for 6 months 07067025384 |
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