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I Just Got My Inheritance; I Need Your Advice - Business (7) - Nairaland

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Re: I Just Got My Inheritance; I Need Your Advice by Deicide: 10:50am On Jan 24, 2022
Use your brother money to buy 2 land grin when he graduate the value go don increase.
Re: I Just Got My Inheritance; I Need Your Advice by Petie33: 10:51am On Jan 24, 2022
vintageviniba:
Hello Boogiebee!! You can actually invest in buying of Nigerian Used cars and reselling them... i know you dont know about this car dealer thingy.. you can call me or WhatsApp:07053479654... if only you are interested.. I am a car dealer and i can put you through.
tunde scamers

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by babyfaceafrica: 10:51am On Jan 24, 2022
Johel:



Please travel out to avoid village pple...don't invest yet,just travel out and start a better life.
Who told you village people don't catch people in overseas?

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by everythinggirly(f): 10:51am On Jan 24, 2022
Investment is key!
Re: I Just Got My Inheritance; I Need Your Advice by alphabbey1(m): 10:52am On Jan 24, 2022
tbred:
@op , property investment is the right choice of investment to key in. Look for a higher institution area and buy land to build hostels, students will always occupy your hostels year in year out.

Or you can invest in a mini lounge or bar, people will always patronise.

first class Comedian. grin... you want to buy land at student area and build hostel with just 8m Naira...

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by Imjustagirl(f): 10:53am On Jan 24, 2022
Boogiebee:
Hello Nairalanders,

So straight to the point. Please I need your advice about two things.

1. I just got my inheritance and I got cash of 8M and there's this popular belief of people squandering their inheritance,I don't want that to be my portion so which business can I invest it into. For context, I currently have a job and I'm not ready to quit so please put that into consideration.

2. My younger brother is still a student so he has asked me to save his portion of 6M in bank until he graduates but I don't think that's a good idea. I would rather he put it in some form of secure investment that will be yielding something. Kindly give us suggestions.

May the soul of my beloved Father continue to rest in peace. Amen


Enquire about eurobonds. it's in dollars. Search the topic on nairaland. Ask your bank about it


Don't you dare Nigerian stock market. You will regret it

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by elampiro(m): 10:53am On Jan 24, 2022
Boogiebee:
Hello Nairalanders,

So straight to the point. Please I need your advice about two things.

1. I just got my inheritance and I got cash of 8M and there's this popular belief of people squandering their inheritance,I don't want that to be my portion so which business can I invest it into. For context, I currently have a job and I'm not ready to quit so please put that into consideration.

2. My younger brother is still a student so he has asked me to save his portion of 6M in bank until he graduates but I don't think that's a good idea. I would rather he put it in some form of secure investment that will be yielding something. Kindly give us suggestions.

May the soul of my beloved Father continue to rest in peace. Amen

Don't be in a hurry. Consider all options wisely. Money gone is gone forever.

My advise
1. If you are a graduate, why not study abroad like in UK or Germany or Finlqnd?

2. Don't go into business with all your money. In case of business, may be like N3m

3. If you must buy shares. Only with half of the money or part of it. Don't buy on speculation of rising of prices. But on based on worth of a company. Like First Bank, Zenith, GTB, etc.

Do not buy XYZ insurance or ABC insurance. Here today, gone tomorrow.

4. You can buy one plot of land in a town that you know well. Like N1.5 to N2m. But beware of land grabbers
Re: I Just Got My Inheritance; I Need Your Advice by Nobody: 10:55am On Jan 24, 2022
put your borther own into fix deposit sir

with yours travel out of the country to secure the future of your children
Re: I Just Got My Inheritance; I Need Your Advice by PrinceGallant: 10:55am On Jan 24, 2022
8 million. I advise you assist those with small businesses that needs just like 200k or 300k to be fine. Spend 10% of your money on them, and you will really be happy in yourself. Happiness is in helping others.

Then you can do whatever you see as the best for yourself
Re: I Just Got My Inheritance; I Need Your Advice by Nobody: 10:55am On Jan 24, 2022
In this season of Kidnapping you don't have sense to conceal the amount you inherit .....

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by Malawian(m): 10:56am On Jan 24, 2022
Boogiebee:
Hello Nairalanders,

So straight to the point. Please I need your advice about two things.

1. I just got my inheritance and I got cash of 8M and there's this popular belief of people squandering their inheritance,I don't want that to be my portion so which business can I invest it into. For context, I currently have a job and I'm not ready to quit so please put that into consideration.

2. My younger brother is still a student so he has asked me to save his portion of 6M in bank until he graduates but I don't think that's a good idea. I would rather he put it in some form of secure investment that will be yielding something. Kindly give us suggestions.

May the soul of my beloved Father continue to rest in peace. Amen
buy property (house) with that money.

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by Franky9584(m): 10:56am On Jan 24, 2022
Shares not worthwhile again bro

quote author=gasparpisciotta post=109620223]Please don’t be in a hurry to invest and be careful with all manner of get rich sooner than soonest schemes.

Approach a reputable stock brokering house to guide on buying share of blue chip companies [/quote]
Re: I Just Got My Inheritance; I Need Your Advice by Asour: 10:58am On Jan 24, 2022
IjapaTiroko:
.
First, if you are not business inclined, DON'T do any business, just stick to your job. But if you are business inclined, travel round, make thorough investigations (if possible, do boy-boy [internship] in the business market), then invest in the business. (I'll advise food or electronic business sha)

Second, avoid investing any amount in naira in any financial institution in Nigeria because naira loses value super fast these days of Buhari. Instead, you may invest your brother's 6m in buying US Dollars, Euros, British Pounds, and Chinese Yuan because these are stable currencies that doesn't lose value sharply like naira does. You can do this ONLY through a Nigerian bank. NEVER visit a bureau de change cuz they may give you fake or expired currencies (Yes, currencies do expire, especially Western currencies). Open the different accounts and keep the currencies in them.
Or you could buy solid minerals like gold, diamonds, etc and keep them WITH your bank. You may ask your bank for advise about this. But NEVER hold any currency investment in Naira, or any other unstable currency.

Third, IF (and only if) you have interest in migration, and age is on your side, you can migrate to any economically growing Western country (North America or Western Europe). With 8m, you should migrate now before naira falls further. You can go further studies or for migration proper.


Can one walk into a Nigerian bank & change Naira for Dollars today?

If so which bank accepts this?

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by Ferdinandu(m): 10:58am On Jan 24, 2022
This is the right time to buy crypto. It has fallen so much now. It may still fall more but not to the extent of putting your money in risk. Definitely before the end of the year it will shoot pass far above the current value. Use about 3 or 4 million of that money, put it in bitcoin, once the value doubles remove your capital and think of another investment while leaving the remaining there. Try this and come and pay Tithe to me later in the year

3 Likes

Re: I Just Got My Inheritance; I Need Your Advice by Franky9584(m): 10:58am On Jan 24, 2022
Investment on?


quote author=everythinggirly post=109647289]Investment is key![/quote]
Re: I Just Got My Inheritance; I Need Your Advice by jameel6: 10:58am On Jan 24, 2022
Buy land and build units self-contained for rent in a student area, as for your brother do as he instructed you to avoid future problems. Let him make up his mind on what to do with his money don't touch it.
Re: I Just Got My Inheritance; I Need Your Advice by shina11(m): 11:00am On Jan 24, 2022
corporate bonds or government bonds ??
Hero2t:
Save half in dollars. Buy bonds with 25% and use the remaining 25% to buy Bitcoin.

For your brother's share, save it in a Dom account and let him decide how he wants to spend it himself.
Re: I Just Got My Inheritance; I Need Your Advice by Weany: 11:00am On Jan 24, 2022
Boogiebee:
Hello Nairalanders,

So straight to the point. Please I need your advice about two things.

1. I just got my inheritance and I got cash of 8M and there's this popular belief of people squandering their inheritance,I don't want that to be my portion so which business can I invest it into. For context, I currently have a job and I'm not ready to quit so please put that into consideration.

2. My younger brother is still a student so he has asked me to save his portion of 6M in bank until he graduates but I don't think that's a good idea. I would rather he put it in some form of secure investment that will be yielding something. Kindly give us suggestions.

May the soul of my beloved Father continue to rest in peace. Amen



1) Buy 2 plots of Land in Ibeju Lekki. Say 5Million for 2.5 or 6Million for 3Million each. Convert 1Million and save it in dollars. Use the other 1Million and buy stocks, leave it for 5-10yrs. Use your salary to fund your personal lifestyle and some to fence your land at some point.

(2) For your brother. Save 2 Million in dollar acct. Buy him 1 plot of land for 3 or 3.5Million. Use the other buy stocks.

In 5-10yrs time, trust me. You are secured.
Re: I Just Got My Inheritance; I Need Your Advice by peacesampson(f): 11:00am On Jan 24, 2022
In my humble opinion, I suggest u go for real estate business, if u have a land already, build houses (flats), put people in there, one thing about real estate is the fact that is evergreen esp..if live in a develop area

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by Weany: 11:01am On Jan 24, 2022
Unibenfucker:



And what happens when the dollar crashes by this year ending


Dollar can never crash till the world ends

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by Franky9584(m): 11:02am On Jan 24, 2022
Really? Wrong advice though

PrinceGallant:
8 million. I advise you assist those with small businesses that needs just like 200k or 300k to be fine. Spend 10% of your money on them, and you will really be happy in yourself. Happiness is in helping others.

Then you can do whatever you see as the best for yourself

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by romeocares2: 11:02am On Jan 24, 2022
Just go to ARM or any other good mutual fund investments company and put your money there. Saving Account is dead, Fixed Deposit is dead.

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by Franky9584(m): 11:03am On Jan 24, 2022
I wonder ooo
alphabbey1:
first class Comedian. grin... you want to buy land at student area and build hostel with just 8m Naira...
Re: I Just Got My Inheritance; I Need Your Advice by ppogba: 11:04am On Jan 24, 2022
babyfaceafrica:
How does age and migration relate please?

There is a big relationship between age and migration.

At the point of getting a visa, a consulates officer is likely to turn down someone in their early twenties while granting someone in his fifties.

On reaching the destination, how quickly someone In their twenties will get a job is quicker than someone in their fifties.

Whether is their to consider too.

With these few points of mine, I hope I have been.able to convince you.......
Re: I Just Got My Inheritance; I Need Your Advice by famouscargo4u: 11:04am On Jan 24, 2022
@boogiebee, if you are interested, I have a business(Transport) that can guarantee steady ROI while your investment is secured. I am ready to sign any agreement with your lawyer(if you so require).you can chat me up on my number.
Re: I Just Got My Inheritance; I Need Your Advice by koolaid87: 11:05am On Jan 24, 2022
Boogiebee:
Hello Nairalanders,

So straight to the point. Please I need your advice about two things.

1. I just got my inheritance and I got cash of 8M and there's this popular belief of people squandering their inheritance,I don't want that to be my portion so which business can I invest it into. For context, I currently have a job and I'm not ready to quit so please put that into consideration.

2. My younger brother is still a student so he has asked me to save his portion of 6M in bank until he graduates but I don't think that's a good idea. I would rather he put it in some form of secure investment that will be yielding something. Kindly give us suggestions.

May the soul of my beloved Father continue to rest in peace. Amen

Travel out with it. Go Canada or Australia. You n ur brother won't regret this.
Re: I Just Got My Inheritance; I Need Your Advice by Olapejulawal: 11:05am On Jan 24, 2022
[b][/b]
Boogiebee:
Hello Nairalanders,

So straight to the point. Please I need your advice about two things.

1. I just got my inheritance and I got cash of 8M and there's this popular belief of people squandering their inheritance,I don't want that to be my portion so which business can I invest it into. For context, I currently have a job and I'm not ready to quit so please put that into consideration.

2. My younger brother is still a student so he has asked me to save his portion of 6M in bank until he graduates but I don't think that's a good idea. I would rather he put it in some form of secure investment that will be yielding something. Kindly give us suggestions.

May the soul of my beloved Father continue to rest in peace. Amen


You can invest your money with an Insurance company buy getting a policy for more Advice contact 08032802537(Olapeju), Picking a policy with Leadway will help you secure your money
Re: I Just Got My Inheritance; I Need Your Advice by ppogba: 11:06am On Jan 24, 2022
jackcanfield:
In this season of Kidnapping you don't have sense to conceal the amount you inherit .....

Is Nairaland no longer a faceless forum?
Do you know where he is presently?

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by Daradared2(f): 11:06am On Jan 24, 2022
GET LEGIT REAL ESTATE INVESTMENT.


BUY A LAND OR BUILDING cool

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by Ow0eg0kudi: 11:06am On Jan 24, 2022
Boogiebee:
Hello Nairalanders,

So straight to the point. Please I need your advice about two things.

1. I just got my inheritance and I got cash of 8M and there's this popular belief of people squandering their inheritance,I don't want that to be my portion so which business can I invest it into. For context, I currently have a job and I'm not ready to quit so please put that into consideration.

2. My younger brother is still a student so he has asked me to save his portion of 6M in bank until he graduates but I don't think that's a good idea. I would rather he put it in some form of secure investment that will be yielding something. Kindly give us suggestions.

May the soul of my beloved Father continue to rest in peace. Amen

@ Boogiebee, my condolence to you and family.

Please do well to follow the thread "Nigerian Stock Exchange Market Pick Alerts" and follow (and if satisfied, contact) the contributions of some of the them - onegentleguy, yMcy56, DrAwo, Emmasoft, currentprice and especially emmanuelewumi. There are so many others but can't remember their NL names. Wish you well in your investment journey.

N.B: I no know dem and dem no know me...na your question I try answer.

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by generalwo(m): 11:07am On Jan 24, 2022
Oga put your brother money for bank..... Use your own do the secure investment wen u get for mind.... Now allow devil use you..... Keep him own for bank for am...... No say them no tell you........

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by oodua1stson: 11:08am On Jan 24, 2022
Boogiebee:
Hello Nairalanders,

So straight to the point. Please I need your advice about two things.

1. I just got my inheritance and I got cash of 8M and there's this popular belief of people squandering their inheritance,I don't want that to be my portion so which business can I invest it into. For context, I currently have a job and I'm not ready to quit so please put that into consideration.

2. My younger brother is still a student so he has asked me to save his portion of 6M in bank until he graduates but I don't think that's a good idea. I would rather he put it in some form of secure investment that will be yielding something. Kindly give us suggestions.

May the soul of my beloved Father continue to rest in peace. Amen
as someone who has invested in few failed businesses I'd advise you keep working and take your time. Do proper findings. Don't let anybody lie to you.


Alternatively, you can quit your job and do proper research on the business for 2 months before you invest a naira on it.




Don't let anybody push you and don't let anybody know how much you have .



God bless you and hope you make your parents proud

1 Like

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