Damiloladuke's Posts
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Sure you're all having a good day. Don't hesitate to connect with us to trade your tokens, including Skrill.
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Sirchiboy:You can build a house gradually from the returns on your investment |
A recent conversation with a friend opened my eyes to an interesting investment dilemma. He purchased an estate apartment building for ₦16 million and rents it out for ₦800,000 annually. While property ownership has its appeal, the numbers tell a compelling story about opportunity cost. The Math Behind the Investment With his current rental income, my friend will need 20 years just to break even on his initial investment and that's before accounting for property maintenance, repairs, insurance, and other ownership costs that can significantly eat into returns. Consider the alternative: if that same ₦16 million had been invested in mutual funds averaging 20% annual returns, the picture looks dramatically different. He would receive approximately ₦3.2 million yearly - That's four times the rental income. Over the same 20-year period, that's ₦64 million in returns without compounding, and potentially much more when you factor in reinvested gains. Why Mutual Funds Appeal to Me Higher liquidity: Unlike real estate, which can take months to sell, mutual funds can be liquidated relatively quickly when you need access to capital. Lower maintenance burden: No tenant issues, no roof repairs, no plumbing emergencies at midnight. Your investment works passively while professional fund managers handle the heavy lifting. Better short to medium-term returns: As the numbers show, the income potential is significantly higher, allowing your money to work harder for you. Lower entry barriers: You don't need ₦16 million to start. Mutual funds allow you to begin with smaller amounts and scale up over time. The Wisdom of Diversification However, here's where nuance matters: while I believe mutual funds offer superior returns in this scenario, putting all your eggs in one basket, whether real estate or mutual funds, isn't the smartest strategy. Real estate has distinct advantages that shouldn't be dismissed: Tangible asset: Property is a physical asset that provides intrinsic value and can serve multiple purposes Hedge against inflation: Property values and rental income typically rise with inflation Legacy and generational wealth: Real estate can be passed down to children and provides long-term stability Forced savings: The illiquidity that seems like a disadvantage also prevents impulsive withdrawals The ideal approach is to combine both asset classes. Allocate a portion of your portfolio to mutual funds for growth and liquidity, while maintaining some real estate holdings for stability and diversification. This balanced strategy protects you from market volatility in either sector while allowing you to benefit from the strengths of both. Don't just invest—invest strategically. READ MORE ARTICLES HERE: https://earnmoney.ng/
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mikeapollo:You are right! Reason why the young men need people like you to enlighten them cuz data shows a larger part of them always go back to being broke, even after hitting big funds. |
mikeapollo:This post was specicifically targeted at so-called 'big boys' who rush to buy N80Million Benz. And guy, it will take a high level of discipline for an avearge Nigerian to buy an N8M car out of N100million |
Nwaikpe:You wouldnt know that! I amy be intelligent. Can we say same about you? Of course not since a simple statment I made eluded your understanding. |
Nwaikpe:That is your problem anyways. You all 8 the state so much but 80% of your relatives are here |
Some of you will touch N100 million and your first instinct is to go and buy Benz like you’re auditioning for a Lekki reality show. But calm down first. In this Nigeria, peace of mind > packaging. A smart play? -Buy a clean Camry or Lexus for N25M. -Invest N30M into diverse Mutual Funds and you'll receive N500k returns monthly. -Invest N20M into diverse landed properties in developing locations like Lagos or Abuja outskirts, Ota, Abeokuta, Ifo, Lokoja, Asaba outskirts, Benin outskirts, Ijebu etc -Use the balance as liquid cash to sort your daily lifestyle That’s how you build soft life without loud suffering. It’s the kind of financial sense they didn’t teach us in school, but you get it here for free. READ MORE ON OUR BLOG: https://earnmoney.ng/
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Nwaikpe:Come and take away the port na. The value Lagos creates in other Sectors, especially tech, can never be undermined. |
Emmy000seun:UBA offers 8% annual returns on your savings. And they pay monthly if you don't withdraw more than 3 times. Maybe you didn't notice. I don't however think they offer any investment package. But First bank, Fcmb, Gtbank, Stanbic offer right within their apps. At least Gtbank pays 10K monthly for your 600k Check the website under the article to connect with my Facebook page. You can get lots of free resources on the page |
Most people don’t have a money problem they have a placement problem. They work hard, they save, they try but they put their money in the wrong place and expect magic. Your bank account is not a wealth-building tool. It is a comfort tool. It gives you peace, but it gives you no progress. If you truly want your money to wake up, stretch, and start working for you, you must understand one truth, Idle money is wasted money. And wasted money is wasted future. Mutual Funds in Nigeria offer on the average 20% annual returns, which when compounded over the years will yield for you astronomical returns and the interesting thing is that you can start with as little as N5000, which you can then top up on a monthly or weekly basis. This is the secret to the wealth of most nigerians, but school will never teach you this. One way you can grow your money is through mutual funds. But how can you use what you don’t understand? Here are types of Mutual Funds that you can use to build wealth. 1️⃣ Equity Funds These funds invest mostly in stocks. They grow with the market. They fall with the market. They reward the bold, the patient, the long-term thinkers. 2️⃣ Fixed Income Funds These invest mostly in bonds. They don’t give you crazy growth, but they don’t shake your heart. Safe, steady, predictable. 3️⃣ Balanced Funds A mix of stocks and bonds. Some risk, some calm. It grows and protects at the same time. 4️⃣ Money Market Funds (MMFs) This is where your lazily sitting money should be. MMFs invest in Treasury bills, commercial papers, fixed deposits, and other short-term instruments that banks themselves use to make money. Let me be blunt with you. When you keep money in your savings account, you are giving your bank the right to grow richer off your silence. When you keep that same money in a Money Market Fund, you are giving yourself the right to grow richer off your discipline. MORE LIFE CHANGING ARTICLES HERE: https://earnmoney.ng/
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amazingspiderma:Learn to read and understand |
SlavaUkraini:Hope you don't cross the road with this brain of yours |
upower123:There's nothing to understand oga. Most of them have been sacked since 2024. The list is just a compilation of the people dismissed over a period of months |
N1300 per dolla* and we buy from 5 dollars. Call or WhatsApp 08038606260
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With your phone intact |
This is kidnapping |
Kingpele:so till now you never know say Lagos loss na strategy! Una no even know say this person na the real evil genius |
I buy and sell crypto, I write, i teach basic soft skills, i do mini importation...e no easy |
Happy Sunday my friends
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