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How Much Did You Save This Year - Investment - Nairaland

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How Much Did You Save This Year by baba4thegehs: 3:26pm On Dec 25, 2023
As the year comes to an end, I think its important to do a year end review of your finances, to identify startegies that helped you grow your savings and investment

For me I started exploring REITs this year and my savings grew significantly, also bought a land this year, dabbled with stocks, Mutal funds, fixed deposit, and hight yield saving aacct.

So far I have done close to 10m in savings and investment, although I ended up spending more than I planned in Dec almost 650k

Let's have you share yours. shocked

3 Likes

Re: How Much Did You Save This Year by adeoyekay(m): 3:30pm On Dec 25, 2023
baba4thegehs:
As the year comes to an end, I think its important to do a year end review of your finances, to identify startegies that helped you grow your savings and investment

For me I started exploring REITs this year and my savings grew significantly, also bought a land this year, dabbled with stocks, Mutal funds, fixed deposit, and hight yield saving aacct.

So far I have done close to 10m in savings and investment, although I ended up spending more than I planned in Dec almost 650k

Let's have you share yours. shocked

Nothing

I am even owing loan app 8k
Re: How Much Did You Save This Year by baba4thegehs: 3:40pm On Dec 25, 2023
adeoyekay:
Nothing

I am even owing loan app 8k

The trajectory of your life can change in 1year

And that year is 2024.

Don't give up.

5 Likes

Re: How Much Did You Save This Year by adeoyekay(m): 4:46pm On Dec 25, 2023
baba4thegehs:


The trajectory of your life can change in 1year

And that year is 2024.

Don't give up.
Thanks sir

I claimed this in Jesus name
Re: How Much Did You Save This Year by Nice2023(m): 7:16pm On Dec 25, 2023
I made 31million naira this year alone.

And I invested most of it on land,shops and my parents house.
Re: How Much Did You Save This Year by baba4thegehs: 9:06pm On Dec 25, 2023
Nice2023:
I made 31million naira this year alone.

And I invested most of it on land,shops and my parents house.

Wow! That is awesome! Where did you secure the land at?
Re: How Much Did You Save This Year by Nice2023(m): 9:39pm On Dec 25, 2023
baba4thegehs:


Wow! That is awesome! Where did you secure the land at?


My village,Abuja.
Re: How Much Did You Save This Year by ShinjaWWest: 10:55pm On Dec 25, 2023
Time to lie


I save 100 million this year😐

4 Likes

Re: How Much Did You Save This Year by Lamanii22(f): 11:06pm On Dec 25, 2023
baba4thegehs:
As the year comes to an end, I think its important to do a year end review of your finances, to identify startegies that helped you grow your savings and investment

For me I started exploring REITs this year and my savings grew significantly, also bought a land this year, dabbled with stocks, Mutal funds, fixed deposit, and hight yield saving aacct.

So far I have done close to 10m in savings and investment, although I ended up spending more than I planned in Dec almost 650k

Let's have you share yours. shocked



Please just send me money thank you or send job links so l can start saving too
Re: How Much Did You Save This Year by Lamanii22(f): 11:07pm On Dec 25, 2023
Nice2023:
I made 31million naira this year alone.

And I invested most of it on land,shops and my parents house.

How did you make the 31 million?
Re: How Much Did You Save This Year by baba4thegehs: 11:21pm On Dec 25, 2023
Lamanii22:



Please just send me money thank you or send job links so l can start saving too

You need an in demand skill to earn a decent income.
Re: How Much Did You Save This Year by Nice2023(m): 6:51am On Dec 26, 2023
Lamanii22:


How did you make the 31 million?


I buy and resell lands,lend money with my cooperative.

1 Like 1 Share

Re: How Much Did You Save This Year by coputa(m): 7:06am On Dec 26, 2023
baba4thegehs:
As the year comes to an end, I think its important to do a year end review of your finances, to identify startegies that helped you grow your savings and investment

For me I started exploring REITs this year and my savings grew significantly, also bought a land this year, dabbled with stocks, Mutal funds, fixed deposit, and hight yield saving aacct.

So far I have done close to 10m in savings and investment, although I ended up spending more than I planned in Dec almost 650k

Let's have you share yours. shocked

How much did one invest and not savings.

Imagine if you have #100,000 in your account in January this year,by now the value would have dropped to #30,000.
Re: How Much Did You Save This Year by Nice2023(m): 9:05am On Dec 26, 2023
coputa:
How much did one invest and not savings.

Imagine if you have #100,000 in your account in January this year,by now the value would have dropped to #30,000.


Yes,there is devaluation of naira but not to this level now.

2 Likes 1 Share

Re: How Much Did You Save This Year by abraolas1: 10:10am On Dec 26, 2023
baba4thegehs:
As the year comes to an end, I think its important to do a year end review of your finances, to identify startegies that helped you grow your savings and investment

For me I started exploring REITs this year and my savings grew significantly, also bought a land this year, dabbled with stocks, Mutal funds, fixed deposit, and hight yield saving aacct.

So far I have done close to 10m in savings and investment, although I ended up spending more than I planned in Dec almost 650k

Let's have you share yours. shocked


Hi , Good to see this , Well done

Just a quick one , which of the App are you using to invest in REIT ? Risevest ?
Re: How Much Did You Save This Year by baba4thegehs: 11:39am On Dec 26, 2023
abraolas1:


Hi , Good to see this , Well done

Just a quick one , which of the App are you using to invest in REIT ? Risevest ?

Yes, I use risevest for REITs and ARMOne app for stocks trading and Mutual Funds
Re: How Much Did You Save This Year by baba4thegehs: 11:42am On Dec 26, 2023
coputa:
How much did one invest and not savings.

Imagine if you have #100,000 in your account in January this year,by now the value would have dropped to #30,000.

I hold majority of my investments in dollor denominated investments.

Also my fixed deposits aren't doing so bad, Vbank gives about for 16% pa.

Credpal does over 24% per annum.

So even when the exchange rate goes up you'd still have a decent earning.

Better than putting your funds in a regular savings account.

1 Like

Re: How Much Did You Save This Year by lifenija: 9:06pm On Dec 26, 2023
300k

As things increase I had a drop down from my 700k saving last yr
Re: How Much Did You Save This Year by Blake755: 11:59am On Dec 27, 2023
I tried saving but at the end it was the money that was saving me sad

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