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What Can I Invest 7m On And Make 10m Before Christmas? / Between artificial Intelligence and blockchain, where would you Invest 10M? / NAIRALANDERS: Be Careful Of Where You Invest Your Money On This Platform. (2) (3) (4)
|Joe Abah: How Will You Invest #10M Before The End Of Jan.2021? by Easyincome24: 10:55am On Dec 21, 2020|
Dr Joe Abah, a political economist with the twitter handle @DrJoeAbah set the twitter on fire with a captivating question bothering on investment.
The caption read in part, " A rich relative has just passed on and you have inherited #10 million. However, his will says that you must invest the money before the end of January 2021. What will you invest it in? "
He further explained with a clause with the following options:
A. land in Abuja or Lagos
B. Mini grid/ refinery
C. 1 Bitcoin
(If your option is not here, please say what you'll invest it in and help retweet)
This has generated a lot of comments and retweets from people who logically and illogically opt in for their preferred options.
Now over to you for your options.
|Re: Joe Abah: How Will You Invest #10M Before The End Of Jan.2021? by Easyincome24: 10:57am On Dec 21, 2020|
Real Estate vs Bitcoin
|Re: Joe Abah: How Will You Invest #10M Before The End Of Jan.2021? by Nobody: 1:07pm On Dec 21, 2020|
Who are those people pushing cryptocurrency as an option there??
I hope they know what they are doing?
Stocks are a far better option than those things. Just spread the funds out and don't put it all on companies listed on the NSE.
|Re: Joe Abah: How Will You Invest #10M Before The End Of Jan.2021? by Easyincome24: 2:38pm On Dec 21, 2020|
|Re: Joe Abah: How Will You Invest #10M Before The End Of Jan.2021? by Nobody: 7:58pm On Dec 21, 2020|
[quote author=Easyincome24 post=97293053][/quote]
I always feel uneasy about any sort of investment vehicle that I am not so sure of and cryptocurrencies fall sharply into that category.
As far as I am concerned, it shouldn't even be part of the options. Yeah, we've seen bitcoins rise astronomically sometimes and all that but I remain skeptical about cryptocurrencies in general.
A lot of them look like scams to me and there has to be as many as 400+ out there.
For now, all my savings go to Mutual funds. Next year, I hope to grow enough confidence and take up stocks. But then, I will definitely be spreading out my investments in such a way that I would not have to put them all in stocks traded on the NSE.
I am currently looking at a couple of investment apps that can help me venture into other exchanges around the world. Exploring the possibilities.
People need to start thinking faster when it comes to investing. A lot of these cryptocurrencies sound like quick fixes to me and as far as I am concerned, in real, proper investment settings, there can be no quick fixes lest, you run the risk of losing your bucks.
|Re: Joe Abah: How Will You Invest #10M Before The End Of Jan.2021? by Tenshades(m): 10:46pm On Dec 21, 2020|
To each his own
Many ways lead to the market
|Re: Joe Abah: How Will You Invest #10M Before The End Of Jan.2021? by Tenshades(m): 10:51pm On Dec 21, 2020|
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