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Nairaland Forum / Nairaland / General / Investment / If You are given 10 million Naira today. How Would You Invest It? (2066 Views)
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If You are given 10 million Naira today. How Would You Invest It? by Nobody: 1:11pm On Nov 27, 2020 |
As the Naira devalues with each passing day coupled with the negligible interest rates of savings accounts today which is 1.15% a year and 0.095% a month. Saving money in the bank is now counterproductive. You are opportuned to have #10,000,000 in your account or you were given, what investment would you do that will fetch you at least 5% (500,000naira) a month with capital still in tact. Waiting for ideas. This should be interesting. Cc: lalastica 1 Share
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Re: If You are given 10 million Naira today. How Would You Invest It? by RealLordZeus(m): 1:15pm On Nov 27, 2020 |
No true biz will fetch that amount of interest immediately you start in fact not even a year of setting up except you want to invest in an existing biz Well except you are giving the 10m out as a loan, the idea stay put in my head. 2 Likes |
Re: If You are given 10 million Naira today. How Would You Invest It? by Nobody: 1:18pm On Nov 27, 2020 |
RealLordZeus: Alright, in the long run, let's say at least 20% after one year. That should be fair enough. Share your ideas o. . I want to learn. |
Re: If You are given 10 million Naira today. How Would You Invest It? by RealLordZeus(m): 1:36pm On Nov 27, 2020 |
Chumachu:20% after a year is okay provided your plan is okay and the product is good, the following year will surely go up |
Re: If You are given 10 million Naira today. How Would You Invest It? by Nobody: 1:36pm On Nov 27, 2020 |
One thing is for sure. It is better to save the money in USD than naira. While I make a decision, I will convert the whole sum to USD and keep I the bank. |
Re: If You are given 10 million Naira today. How Would You Invest It? by Nobody: 1:37pm On Nov 27, 2020 |
RealLordZeus: OH well, it Wil be good to know what this product is. What will you venture into? Curious. |
Re: If You are given 10 million Naira today. How Would You Invest It? by vikkogg: 5:59pm On Nov 27, 2020 |
Chumachu:I will invest all with Finesse Investment Company where I'll be receiving 15% ROI (which, in this case, is #1,500,000) every month. That is the surest and easiest way to engage in a zero risk business. |
Re: If You are given 10 million Naira today. How Would You Invest It? by Nobody: 6:06pm On Nov 27, 2020 |
vikkogg: Interesting but this is high risk. I might have done the same too. As I stated in a thread previously. There seems to be a forex boom in nigeria which for some reasons isn't happening so much in other countries. I am in the UK but you will hardly get these offers companies are offering in Nigeria. I have made a thread of over 6 forex trading companies in Nigeria whic more or less kick started within the last 1-3 years. How long will this last? We don't know. I have invested in companies that give me as much as 30% monthly but even I know these are high risk investments. Thank you for your input. I have not heard of finesse investment before but I personally would be staying clear of any further forex investments for now till next year. |
Re: If You are given 10 million Naira today. How Would You Invest It? by vikkogg: 6:30pm On Nov 27, 2020 |
Chumachu:Oh yeah! I don't buy the idea of investing in any forex company as well. Forex is too risky for me as a person. However, Finesse Investment Company isn't a forex company. This company is into Agriculture, Fintech, Real Estate, and Transportation. I've been investing with them for over 6 months now. Although, the ROI isn't as juicy as that of forex companies (20-30%). Theirs is just 15% ROI but much more reliable and not as risky as forex. More so, there's sustainability, unlike forex companies that can pack up any moment. My opinion though. Peace✌. 1 Like |
Re: If You are given 10 million Naira today. How Would You Invest It? by Oluwahelpme(m): 6:36pm On Nov 27, 2020 |
Chumachu:I have answer to ur question. U can WhatsApp me for details. |
Re: If You are given 10 million Naira today. How Would You Invest It? by Nobody: 6:41pm On Nov 27, 2020 |
vikkogg: Ooh, sorry for assuming it is forex but this is because it is really hard to see a business that can give one such high ROI like 15% a month. Even agriculture can't do that In the short term. I would research about them. |
Re: If You are given 10 million Naira today. How Would You Invest It? by Nobody: 6:42pm On Nov 27, 2020 |
Oluwahelpme: You can give an idea at least before I whatsapp for details. Cheers. |
Re: If You are given 10 million Naira today. How Would You Invest It? by vikkogg: 7:03pm On Nov 27, 2020 |
Chumachu: Yes....Agriculture requires patience before you start seeing return. But they're not into Agriculture only. Other businesses are there for them. The 15% is high, yes, I know. My own believe is that they're using that to attract more investors. There's high probability that they'll reduce the return as the company grows. But I'm taking the advantage now to make money �. An adage says "invest in a company before it goes public". That's the code � |
Re: If You are given 10 million Naira today. How Would You Invest It? by arantess: 8:42pm On Nov 27, 2020 |
vikkogg:Is there any thing like zero risk in business? |
Re: If You are given 10 million Naira today. How Would You Invest It? by vikkogg: 8:51pm On Nov 27, 2020 |
arantess:Yes, there is. If you're investing with a company, you bear no risk at all as the company bears all the risk. Yours is to invest and make your return. |
Re: If You are given 10 million Naira today. How Would You Invest It? by femmyAdagba(m): 9:01pm On Nov 27, 2020 |
RealLordZeus: I disagree with this man. There exists legit businesses that would fetch you 5% monthly The opinionist should private chat me |
Re: If You are given 10 million Naira today. How Would You Invest It? by femmyAdagba(m): 9:03pm On Nov 27, 2020 |
Chumachu: Not too advisable as forex rate flunctuates |
Re: If You are given 10 million Naira today. How Would You Invest It? by Nobody: 9:04pm On Nov 27, 2020 |
femmyAdagba: Dollar is a better store of value than naira for sure. |
Re: If You are given 10 million Naira today. How Would You Invest It? by Nobody: 9:04pm On Nov 27, 2020 |
femmyAdagba: Share here. 1 Like |
Re: If You are given 10 million Naira today. How Would You Invest It? by blessStar(m): 7:36am On Dec 01, 2020 |
Chumachu: hi Chumachu I sent you an email message |
Re: If You are given 10 million Naira today. How Would You Invest It? by waze63(m): 11:30am On Dec 01, 2020 |
vikkogg:Please what's the official website of this finesse investment? How can one reach them |
Re: If You are given 10 million Naira today. How Would You Invest It? by vikkogg: 2:19pm On Dec 01, 2020 |
waze63: I don't know their website. But their office is in Lagos. If you care to know more about them, I will share you the contact of my account manager. 0 8 1 0 1 1 4 6 4 6 8. His name is Mr. Kunle. Or if you live in Lagos, you can go to their office. |
Re: If You are given 10 million Naira today. How Would You Invest It? by ThePropertyGuy: 3:13pm On Dec 01, 2020 |
2 Likes |
Re: If You are given 10 million Naira today. How Would You Invest It? by ThePropertyGuy: 3:17pm On Dec 01, 2020 |
Again?? My people my people my people !!! Recycling the same old system where the end is clear even before it begins. vikkogg: 1 Like |
Re: If You are given 10 million Naira today. How Would You Invest It? by vikkogg: 4:04pm On Dec 01, 2020 |
ThePropertyGuy: What's my business with your comment? Why did you quote me? Pls explain! |
Re: If You are given 10 million Naira today. How Would You Invest It? by ThePropertyGuy: 5:03pm On Dec 01, 2020 |
Don’t lead people astray. Don't promote schemes that will end in tears. vikkogg: 1 Like |
Re: If You are given 10 million Naira today. How Would You Invest It? by vikkogg: 5:21pm On Dec 01, 2020 |
ThePropertyGuy: I've been into it since May, 2020. I didn't wanna be stingy with the opportunity, hence, I brought it to the table. It's not by force, it's by choice. There are no kids here. I'm not advertising for them (there's nothing I stand to gain), I just felt I should tell people about the opportunity. Only the interested ones will be interested. All the same, thanks for your advise. But my intentions aren't to lead people astray. Peace. |
Re: If You are given 10 million Naira today. How Would You Invest It? by ControG(m): 4:00am On Dec 08, 2020 |
femmyAdagba: You should feel free to share the idea here for transparency.. Others are waiting to learn too 2 Likes |
Re: If You are given 10 million Naira today. How Would You Invest It? by femmyAdagba(m): 11:15pm On Apr 17, 2021 |
ControG: You need to password your business ideas at times oo But you can contact me for more info |
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