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Nairaland Forum / Nairaland / General / Investment / What's The Best Way To Invest Idle Funds? (29748 Views)
Pls Let's Do Business With Some Of Your Idle Funds. / Invest Your Idle Funds / Idle Funds : I Need Suggestions On Business And Investments (2) (3) (4)
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Re: What's The Best Way To Invest Idle Funds? by yMcy56: 9:49pm On Mar 22, 2022 |
BabaIbo:You can visit below thread for more info. You can ask your questions there. https://www.nairaland.com/878880/treasury-bills-nigeria You can also pick one or two things from here: https://www.nairaland.com/1167218/how-invest-federal-government-bonds |
Re: What's The Best Way To Invest Idle Funds? by Nobody: 10:02pm On Mar 22, 2022 |
perambulator:Thanks for taking your time to educate us on inflation, to be honest we all thinks it’s not a problem when prices of things increase by small amount but when you check it over the years then the effect becomes crippling. About 16% PA Foregin investment that’s where crypto comes in. You can read up on crypto staking you might find it interesting. 7 Likes |
Re: What's The Best Way To Invest Idle Funds? by Nobody: 10:14pm On Mar 22, 2022 |
If people learn nothing from this thread please understand these 2 things, with all sense of modesty, the information I’m sharing with you below is priceless! 1. Inflation destroys your wealth, any investment that is below the rate of inflation is destroying your wealth or purchasing power. Currently the official inflation rate in Nigeria is 15.6% that is how much less your money is worth every year. At that rate of inflation every 3 years you lose half of your wealth if you do nothing, i.e if keep your wealth in cash!!! This is one reason why many Nigerian pensioners are paupers despite saving and "Investing" all their lives!!! When you invest you have to invest right!!!! 2. Treasury bills/ government bonds are risk free investments currently I believe they are about 16%. It is very important to understand that is how much you are paid for taking no risk!!!! You are paid for not having access to your money for 1 year not for risk because there is no risk of default!! In Nigeria it is 16% in the US it is currently less than 1%. Any private sector investment that is below the risk free rate i.e the rate for govt bonds should be rejected. If a risk free investment pays X% then non risk free investment should pay you the risk free rate X% plus a risk premium of Y%. It is stupid to take on risk and expect a return less than a man who has no risk attached to his investment...not so? Taking the 2 above you must reject any private sector investment in Naira that is less than 17% ( risk free rate of 16% + 1% minimum risk premium) because not only is it not making you money, you are taking on risk and not getting rewarded for it. How much above 16% is a good investment depends on your risk tolerance level. However the more the offered return is above the risk free rate, the riskier the investment is, including the possibility of losing it all…. common sense should tell you that.... don’t let any smooth talker deceive you. Risk and return go hand in hand!!! the higher the expected return is away from the risk free rate, the higher the probability you can lose all your money!! Finally do t listen to people who say an investment or return is guaranteed......they are salesmen/women, they will tell you anything to get your money and get their commissions, some of them are on commision only so if they dont bring in new money they dont get paid. The only guaranteed investment is govt bonds tbills etc. every other investment is a risky investment and you must be compensated above the rate for Tbills for taking risk. 11 Likes 3 Shares |
Re: What's The Best Way To Invest Idle Funds? by kaymofo(m): 10:17pm On Mar 22, 2022 |
AntiMen: I am a soilless farmer and I could advice you on how to invest in Agribusiness. You can send a WHATSAPP message on 08095336802 Or send a mail to moronfolukayode01@gmail.com Looking forward Cheers |
Re: What's The Best Way To Invest Idle Funds? by kaymofo(m): 10:23pm On Mar 22, 2022 |
toujurs: Sorry about your experience but would you please share your experirnces for us to take cautiou please? |
Re: What's The Best Way To Invest Idle Funds? by kaymofo(m): 10:27pm On Mar 22, 2022 |
EgunMogaji2: I am a SOILLESS Farmer I can guide you in Agribusiness if you wish. You can send a WHATSAPP message to 08095336802 Or a mail to moronfolukayode01@gmail.com |
Re: What's The Best Way To Invest Idle Funds? by Mr2nice(m): 10:29pm On Mar 22, 2022 |
davien: I want to learn, please teach me. |
Re: What's The Best Way To Invest Idle Funds? by EgunMogaji2: 10:30pm On Mar 22, 2022 |
kaymofo: I’ll pass. Educate everyone together on the thread. 2 Likes |
Re: What's The Best Way To Invest Idle Funds? by Mr2nice(m): 10:32pm On Mar 22, 2022 |
raymondhillmimi: Please I am interested boss |
Re: What's The Best Way To Invest Idle Funds? by Controversy93(m): 10:56pm On Mar 22, 2022 |
I work in company where you can invest and make 40percent interest after one year. Call or chat me on 07069950563, so I can give you the details. |
Re: What's The Best Way To Invest Idle Funds? by Spirated12(m): 11:04pm On Mar 22, 2022 |
Nackzy:how save is ones funds and private information?.. just downloaded the app and am finding it difficult to fund d wallet except with debit card..but can the app be trusted |
Re: What's The Best Way To Invest Idle Funds? by osazee12(m): 11:07pm On Mar 22, 2022 |
1. If you leave in Abuja, visit any of the Gold dealers or goldsmiths, buy Gold, and then deposit the same in any commercial bank of your choice for safe keeps. Gold is one of the few assets that are not affected by inflation and increase in value. 2. Or you can open a dollar/domiciliary account and start saving in USD. 4 Likes 1 Share |
Re: What's The Best Way To Invest Idle Funds? by Mattwillz: 11:11pm On Mar 22, 2022 |
Aburada: You Are Him! |
Re: What's The Best Way To Invest Idle Funds? by UniportAgbero: 11:27pm On Mar 22, 2022 |
Lyydia: Invest in secured loans. It's the way to go. For instance , you can colend with NextPayDay or branch. NextPayDay offers up o 36% per annum. I think it's the highest anywhere... |
Re: What's The Best Way To Invest Idle Funds? by Junnior: 11:29pm On Mar 22, 2022 |
iCauseTrouble:How do you invest your idle funds? |
Re: What's The Best Way To Invest Idle Funds? by waze63(m): 11:30pm On Mar 22, 2022 |
chrisdking1: Can you pls explain the last one (Branch Nigeria) what is it about and how does it work? |
Re: What's The Best Way To Invest Idle Funds? by iCauseTrouble: 11:35pm On Mar 22, 2022 |
Junnior:Domain and crypto 2 Likes 1 Share |
Re: What's The Best Way To Invest Idle Funds? by Realtizzy(m): 11:40pm On Mar 22, 2022 |
If you have interest in transport let's do business |
Re: What's The Best Way To Invest Idle Funds? by JUBILEE2000: 11:47pm On Mar 22, 2022 |
frazee: Please can you throw more light on the importation of spare parts and engines. Thank you 1 Like |
Re: What's The Best Way To Invest Idle Funds? by toujurs: 12:26am On Mar 23, 2022 |
kaymofo:chinmark, And we all thought he was a saint. 1 Like |
Re: What's The Best Way To Invest Idle Funds? by jammyunn(m): 12:32am On Mar 23, 2022 |
Lyydia:plastic crushing machine (depending on your capital) 1 Like |
Re: What's The Best Way To Invest Idle Funds? by dequeenishere: 1:03am On Mar 23, 2022 |
Invest in real estate. Reach out to me for that. 08026082264 |
Re: What's The Best Way To Invest Idle Funds? by culf: 1:56am On Mar 23, 2022 |
Lyydia: Find a good insurance company and invest it with them, the longer, the more the interest and it's safer with them 1 Like |
Re: What's The Best Way To Invest Idle Funds? by ModelLook(m): 2:17am On Mar 23, 2022 |
The best still remains Oxford International Group. Invest in their Real Estate (MortagageVest and BuildVest) Or Invest in their Agriculture (AgroVest) Check picture below for more info. Facebook: Oxford International Group Website: www(dot)oxfordgroupinternational(dot).com
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Re: What's The Best Way To Invest Idle Funds? by torino88(m): 6:17am On Mar 23, 2022 |
Earn ₦ 350 and make unlimited free transfers, paybills, and get loans with Branch! Get the Branch app: https://branch.co/download/chukwu5d789. Be sure to enter my promo code chukwu5d789 to get ₦ 350 after depositing to your Branch Wallet. After let me know so that I will put u throughquote author=waze63 post=111277659] Can you pls explain the last one (Branch Nigeria) what is it about and how does it work? [/quote] |
Re: What's The Best Way To Invest Idle Funds? by oneguy7: 6:37am On Mar 23, 2022 |
sandra50:08136286975..you can drop your WhatsApp number let me message you |
Re: What's The Best Way To Invest Idle Funds? by Druss(m): 6:49am On Mar 23, 2022 |
Low risk? Convert to dollars and invest in dollar based money market funds or bonds. |
Re: What's The Best Way To Invest Idle Funds? by Passionnn: 7:38am On Mar 23, 2022 |
Buy a piece of land. If you have enough money, develop it. Land hardly depreciate. |
Re: What's The Best Way To Invest Idle Funds? by honeycandy(f): 7:44am On Mar 23, 2022 |
How can one invest in real estate? Giffted: |
Re: What's The Best Way To Invest Idle Funds? by frazee: 7:54am On Mar 23, 2022 |
JUBILEE2000:07039635711 My WhatsApp number Mayb I can explain further |
Re: What's The Best Way To Invest Idle Funds? by upuphim(m): 9:20am On Mar 23, 2022 |
Our Pwan Group real estate trading as well known as 'Buy 2 Sell' that offers 7.5, 17.5 & 40% ROI respectively for 3, 6 & 12months duration is the best. We are in 22 States of the nation and our over 300estates is security for your fund. Contact me on comoli2009@gmail.com for details. 1 Like |
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