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Nairaland Forum / Nairaland / General / Business / I Just Got My Inheritance; I Need Your Advice (40217 Views)
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Re: I Just Got My Inheritance; I Need Your Advice by Starpro87(m): 10:15am On Jan 24, 2022 |
Use like 4m to buy land at Lekki and have it appreciate drastically in 2 years. 1 Like |
Re: I Just Got My Inheritance; I Need Your Advice by okuwehcris: 10:15am On Jan 24, 2022 |
AVECDEO: Don't go into property investment if you don't have a business to generate you more funds, that 8m can barely complete a 2bedroom bungalow and cost of land inclusive. Building construction is way to expensive and the 8m will lead him to an abandoned project in which he will regret. Don't let anyone deceive you that 5m can give you a decent home, ìŕò ńĺà 12 Likes |
Re: I Just Got My Inheritance; I Need Your Advice by ramatintin(m): 10:16am On Jan 24, 2022 |
Boogiebee:yell your brother to put his money on bitcoin by the time he graduate he would be richer than 6million |
Re: I Just Got My Inheritance; I Need Your Advice by LastProphet: 10:16am On Jan 24, 2022 |
Afuye1: Best advice, or treasury bills |
Re: I Just Got My Inheritance; I Need Your Advice by Abujaexpress: 10:16am On Jan 24, 2022 |
Boogiebee:If you are in Abuja or even Lagos, contact me to assist you get investment plots of land. You can get good lands today and make 30% to 50% ROI in a year or two years time. The longer you leave the lands before sale, the higher the ROI |
Re: I Just Got My Inheritance; I Need Your Advice by gstream: 10:16am On Jan 24, 2022 |
Boogiebee: I have cheap property for sale in Lagos here. House on half plot..you can buy for your brother. He will be renting it out till he graduates and decides to sell..or retain it..my quarter plot I bought in 2014 for 2.5m was priced for 12million recently even with all the rents I have collected. I am available to guide you. For you, there's a CBN approved financial institution that gives 1m+ per year for every 8m you invest. |
Re: I Just Got My Inheritance; I Need Your Advice by solacong: 10:18am On Jan 24, 2022 |
Boogiebee: Look for a good Real Estate company, but land and sell later when you need your money, if you have never done any business before, don't even try with this money |
Re: I Just Got My Inheritance; I Need Your Advice by otunbateejay(m): 10:18am On Jan 24, 2022 |
Help ur brother to fix his own u will calculate his duration in school then put it up for fix Boogiebee: |
Re: I Just Got My Inheritance; I Need Your Advice by kizitoik2004(m): 10:18am On Jan 24, 2022 |
Thank your stars your parents left u something . Since you're done with school, I guess you're already doing something, so my advice for u is to invest in yourself with respect to your field. For your brother; saving the money in the bank is the worst advice rather, buy a piece of land with future prospect. Make sure you lift the land and pay for the traditional rites as we do in the east. Keep the documents in your brothers name....he will be grateful when he graduates . 3 Likes |
Re: I Just Got My Inheritance; I Need Your Advice by descartes400: 10:20am On Jan 24, 2022 |
Boogiebee: If your younger brother says you should keep his portion of 6million in the bank until he graduates...do just that! his money, his portion of his inheritance is not yours, you can do what ever you want to do with yours..keep your hands off his! 6 Likes |
Re: I Just Got My Inheritance; I Need Your Advice by whippersnapper(m): 10:20am On Jan 24, 2022 |
OP be asking senseless questions. Just Carry the money and japa from this shithole country |
Re: I Just Got My Inheritance; I Need Your Advice by Icepresh(m): 10:20am On Jan 24, 2022 |
Buy a Land for you and your brother Buy it in different location |
Re: I Just Got My Inheritance; I Need Your Advice by cescky(m): 10:20am On Jan 24, 2022 |
Unibenfucker: You're quite dumb Just shatap |
Re: I Just Got My Inheritance; I Need Your Advice by Dadoks: 10:20am On Jan 24, 2022 |
buy tesla or apple stock. |
Re: I Just Got My Inheritance; I Need Your Advice by Guru9ja(m): 10:21am On Jan 24, 2022 |
Look for a good location and buy an acre of land. If you are in the southwest, goto osogbo to secure an 1 acre of land. Am suggesting osogbo cos it's the fastest growing city in the south west with no problem. That's the best investment you can ever do. After that, you can decide to further your education, be it masters or PhD. |
Re: I Just Got My Inheritance; I Need Your Advice by MOTOPARK: 10:23am On Jan 24, 2022 |
CaptalnMitch:why not come out open,by telling him you run a betting company….2odd gang. |
Re: I Just Got My Inheritance; I Need Your Advice by CashVessel(m): 10:23am On Jan 24, 2022 |
Go to ARMInvest or AXAMansard or StanbicIBTC or UKdion investment. Look at the packages they have and what suits you in terms of time frame and risk assessment. Don't go into crypto or Forex if you don't know about them. The ones mentioned above are safe and insured. 2 Likes |
Re: I Just Got My Inheritance; I Need Your Advice by Daxyd4realzy(m): 10:24am On Jan 24, 2022 |
Out of the #6M put #4M into Cryptocurrency, buy coins like Solana, FTM and Voxiels... Leave it there till your brother graduates. |
Re: I Just Got My Inheritance; I Need Your Advice by Waledarep(m): 10:24am On Jan 24, 2022 |
Boogiebee: Just use your money to Japa, and once your brother is done with his program too he should follow suit. |
Re: I Just Got My Inheritance; I Need Your Advice by franchasng: 10:24am On Jan 24, 2022 |
Boogiebee:Use your brother's share of 6million to buy land in one of these new estates in any of these cities: Lagos Owerri Abuja Portharcourt Make sure the lands you will buy is located in an estate with global CofO. Buy 1 or 2 for your brother depending on the price. Use half of your own to also buy 1 plot of land. So in total you will have like 3 plots of lands, 1 for yourself and 2 for your brother. Before your brother will graduate, trust me, his own lands will appreciate twice. This is the best you can do for him. Make sure the lands have proper papers oh, don't buy lands in undocumented areas. Then take half of your own share and buy dollars and open a Dom account and deposit it while you make proper research on a service rendering business you can shuttle with your job. |
Re: I Just Got My Inheritance; I Need Your Advice by Acidosis(m): 10:24am On Jan 24, 2022 |
Open a VFD bank fixed deposit account. Current rate is 17% per annum. At the end of one year, a guaranteed return of 1 million is sure on a 6 million investment after deductions (tax, etc.). Fixed deposit with a reputable financial institution is the safest thing you can do with that money that will produce valuable returns. There are NO other way unless you're comfortable with insignificant paltry returns from worthless shares, high risk investments like crypto, or busineses that are prone to failure. |
Re: I Just Got My Inheritance; I Need Your Advice by Blazadenise(m): 10:25am On Jan 24, 2022 |
Maybe this might help, Buy a foreign Used corolla, put it on higher purchase, I could take up the car if you don't mind, after sighing terms and condition with my guarantors, you will get back your money with profit by 1year and half. |
Re: I Just Got My Inheritance; I Need Your Advice by Lanretoye(m): 10:25am On Jan 24, 2022 |
Boogiebee:build a house,face your work...you will benefit and your children will also have something to inherit. 1 Like |
Re: I Just Got My Inheritance; I Need Your Advice by cescky(m): 10:25am On Jan 24, 2022 |
Boogiebee: Do you have a TRUSTED TRUSTED person in ghana... If not make enquiries perhaps it can done in your own name.. Their interests rate for fixed deposits/, treasury bills are quite high. Cut a little of the money... Learn a little crypto... After being satisfied with knowledge gathered, invest what you can afford to lose.. Crypto is huge now.. I follow a lady on Twitter, she went in with about 6000 usd, her worth is now 1 million usd in a year.. But its a volatile mine. Do all the above whilst still working.. Keep the crypto money working for you.. As for your brother invest in a fixed deposit /dollar account, let it grow while hes also growing.. Don't go near Nigeria stocks, you will regret, whatevers too good to be true, is a lie |
Re: I Just Got My Inheritance; I Need Your Advice by myrates: 10:26am On Jan 24, 2022 |
Boogiebee:Buy genuine( good title like c of o)2plots of land worth 5m in a fast growing area for your brother and use part of the 1m to process the land documents in his name ( governor's consent) instead of keeping the money in a bank. You can also do the same then use the balance of 3m to either go out of the country, start automobile business or car rental services if you wish. The land is the most secured investment provided you buy in a choice area from genuine vendors. 2 Likes |
Re: I Just Got My Inheritance; I Need Your Advice by Olayetan(m): 10:26am On Jan 24, 2022 |
Boogiebee: Your brother can buy any bank shares and be collecting dividend till he finishes school then resale the shares to get back the capital. As for your own... |
Re: I Just Got My Inheritance; I Need Your Advice by MT: 10:27am On Jan 24, 2022 |
Boogiebee: Play safe. Dont do business you cant monitor. Dont do business you cant supervise. If I were you, I will be contented with little returns. I can change like 2 million to dollars and keep it in my Domiciliary account. When USD increases, I change it back to naira, I make some profit. And I buy treasury bills with the balance from the CBN through the banks. The return is guaranteed with the profit. Many self acclaimed captain of industries without any track record will start asking you to partner with them on Nairaland. Please be careful. 1 Like |
Re: I Just Got My Inheritance; I Need Your Advice by Slurity(m): 10:27am On Jan 24, 2022 |
Boogiebee:If you are not ready to personally supervise the investment yet, just keep your money in bank. 1 Like |
Re: I Just Got My Inheritance; I Need Your Advice by maramara: 10:27am On Jan 24, 2022 |
TREASURY BILL! TREASURY BILLS!! TREASURY BILLS!!! Invest in it. Guaranteed returns, come rain come sunshine. |
Re: I Just Got My Inheritance; I Need Your Advice by juniorstar(m): 10:28am On Jan 24, 2022 |
Boogiebee:Would you listen to me if i advise you. |
Re: I Just Got My Inheritance; I Need Your Advice by firstjoe(m): 10:28am On Jan 24, 2022 |
Open a Dom account Convert the money to dollars keep your money in dollars |
Re: I Just Got My Inheritance; I Need Your Advice by saintnegroid(m): 10:29am On Jan 24, 2022 |
gasparpisciotta:please shares is the worst thing for a him right now 1 Like |
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