Curious345:
And you think it's easy to resell houses?

franchasofficia:
buying land in already developed middle class city area in the state you live, don't build because your money won't go anywhere. Just buy old dilapidated buildings, demolish the building, clear up the site and resell as empty land.


Don't buy the land to keep or build on it. Your target is to buy and resell as soon as possible.


You can also invest in Federal government Treasury bills, the current rate now is attractive. It comes with almost no risk. The rate now is 20% returns after 3 months because FG is broke and desperate to attract investors.



Government bond is also good but the interest is very small.


These are investments with minimal risk.

Avoid buying stock please.

Erums:


Can we discuss on the groundnut oil biz

raymexx:
Invest that money in oil business, raise Nnpc draft and sell when the Program is out I promise you will double that money in less than one year

Beauty4brain:
Yes, if you're not greedy with price

Hoelujohn:

Ado Odo Ota which is close to Lagos. Target 8 room and parlour self .

Lisa290:


The bolded above is the smartest advice ever. In my location there are a lot of old buildings in very good locations. I will Invest in this your strategy

Efna55:
I have 20million naira saved from my remote job, I want to invest in properties or any physical business but the problem now is: I don't want my business to be destroyed by the government one day, anything can happen in Nigeria no matter the paper work you have, I initially wanted to save in crypto, but we know the crypto thing in the country..
What can I invest this money in, pls advice..

Curious345:
dey play

stunnert:
What's your advice to a beginner on mutual funds ?

bmasz:


You can do the following

1. Invest with PWAN a real estate company. And get 30% of your investment as ROI after one year. Investment returns is guaranteed with issuance of a post dated check.

2. Buy an apartment for 10-15M. Use 5M for renovations and furnishing, then put it up for Airbnb. Could recoup 20-50% of investment with 18 months depending on location.

3. Invest in agriculture, but a land in rural area for 5M and plant plantain after treatment of land.... Recoup 150% of investment within 6 months.

4. I don tire haha.... Buy grounut_oil in container and sell at 100-500 naira profit margin and make profit on turnovers. Triple investment within a year.

5. Each option has it's pros and cons. That's a discussion for another day.

Hope this is of help.

franchasofficia:
It's a safer investment compared to stock.


But your investment manager matters.

Which investment company are you working with?

stunnert:
I'm just about to start with either stanbic asset management or cowrywise

franchasofficia:
buying land in already developed middle class city area in the state you live, don't build because your money won't go anywhere. Just buy old dilapidated buildings, demolish the building, clear up the site and resell as empty land.


Don't buy the land to keep or build on it. Your target is to buy and resell as soon as possible.


You can also invest in Federal government Treasury bills, the current rate now is attractive. It comes with almost no risk. The rate now is 20% returns after 3 months because FG is broke and desperate to attract investors.



Government bond is also good but the interest is very small.


These are investments with minimal risk.

Avoid buying stock please.

dawnomike:
Buy a 2or 3 bedroom flat in ibadan and rent it out.

Curious345:
You told him to buy treasury bills right ?

So which bank will give you 20% interest rate on a treasury bills bought in the secondary market?

And if you want to get the 20% you mentioned here , then you must buy directly from the CBN ,and the minimum auction is ₦50m..


Op don't ever come to naira land for advise ooo

franchasofficia:
He can get 12.5%.


Treasury bills is one of the safest investments with mutual funds.



I dont advice what I am not doing or have done

Curious345:
Dey play ..

From 20% to 12.5% baah🤣🤣

franchasofficia:
I forgot 20% is for direct investors, I am by the way.


So I couldn't have disputed your comment when I know you are correct.


And any information I gave here was for free and I didn't expect him to dive into any without making further findings, besides he cant get into TBs investment without involving an asset or investment company or manager.


So you dont expect detailed step by step guide on a free counsel

Curious345:
What's your net worth ?

This one you're looking for e-book money online ..

franchasofficia:
buying land in already developed middle class city area in the state you live, don't build because your money won't go anywhere. Just buy old dilapidated buildings, demolish the building, clear up the site and resell as empty land.


Don't buy the land to keep or build on it. Your target is to buy and resell as soon as possible.


You can also invest in Federal government Treasury bills, the current rate now is attractive. It comes with almost no risk. The rate now is 20% returns after 3 months because FG is broke and desperate to attract investors.



Government bond is also good but the interest is very small.


These are investments with minimal risk.

Avoid buying stock please.

raymexx:
Invest that money in oil business, raise Nnpc draft and sell when the Program is out I promise you will double that money in less than one year

raymexx:
Invest that money in oil business, raise Nnpc draft and sell when the Program is out I promise you will double that money in less than one year

Beauty4brain:
@op, in all you do, don't build house with the hope of collecting yearly tentage. Is a waste of resources.
Buy properties and resell.
Especially those putting their properties on a distress sales.
Such business can not take your time away from whatever you're doing.

Good luck and congratulations on your strength to save such amount of money.

jayce232:

@bold It takes someone that has built & rented out to know the bold. I see many people up there advising him to build miniflats for rent, I just laugh.

jayce232:

@bold It takes someone that has built & rented out to know the bold. I see many people up there advising him to build miniflats for rent, I just laugh.

Curious345:
You told him to buy treasury bills right ?

https://punchng.com/nigerias-one-year-treasury-bill-oversubscribed/

The interest rate payable on Treasury Bill bought at the secondary market is variable. See above

You can get about #140,000 naira per month as pea nut interest in you leave the money in your bank. You can be sure you can sleep well but your returns will be negligible. Think well before you invest your money.

So which bank will give you 20% interest rate on a treasury bills bought in the secondary market?

And if you want to get the 20% you mentioned here , then you must buy directly from the CBN ,and the minimum auction is ₦50m..


Op don't ever come to naira land for advise ooo