₦airaland Forum

SuperWriter:
https://www.facebook.com/100082284620416/posts/pfbid0ftX5o4kcpjgaRcMmM6ariGFepj4wT8NSEj89i5J7y7H1GbcK2fpPX2kmykjUhWgzl/?app=fbl

Kenpaly:
Good day all, Please what is or can be the interest rate of 40m fixed in the bank 4 one year.i told the guy to fixe only 30m and use the 10m to invest in another things and he refused.he only want to know the interest of 40m yearly.please what's the interest.

oliverwrites:
Hi all, I will appreciate the input of every of you.

The question

If you have 30m, how will you invest it in the Nigeria of today.

My aim is for the business to be able to generate profit after tax of 1m per month after the first 3 years.

Thanks in advance

Fxmanager:
Good evening.

Ineedpeace:
Please I want to start a side hustle with this 500k I got from a project.
Anyone with a good bussiness idea should help me,note I reside in Lagos.

Babsolala:
Whether this platform is real or not, I cannot tell. Same as I cannot validate their claims about Flutterwave.

But one thing I think is that SOME of these platforms POSSIBLY start with genuine intentions having just a few persons or "investors", then they get overconfident and accept more and more "investors" thus making their systems unsustainable. And one major challenge they have is the percentage ROI that they promise investors and time frame to pay such.

For any platform with a clear road map and genuine long-term intentions to stay in business, I believe that the ROI would not be outrageous, and then there should be a time when they close registrations and quit accepting new "investors", manage the few they have and sustain the business. Or at least, promise a very sustainable interest and within a long time frame.

But money corrupts man. Money and power.
In majority of cases, they see large chunks of money reeling in, then their minds get corrupted. And then it gradually becomes ponzi, accepting money from new members to pay old ones.
At some point, a shock is sent into the system when an inbalance between old and new investors come into play.

On the other hand, there is also a possibility that some investment platforms deliberately set out to scam people. They have no genuine intentions but start the business with a plan to get away with people's money.

The sad thing about all of this is that people WILL NEVER stop patronizing these platforms, even if they can see glaring red flags.

And then most investment platforms have the same pattern of excuses to give to investors once operations start heading south for them.

I know someone who once told me that he had just heard about a new investment platform, and that he already invested so he could cash out before it crashes. This is someone who had lost money in two previous investment platforms.
This is the case with a lot of people!

I could be wrong, but these are just my thoughts.

Elsueno:
mtchewwww.... majority of these so called investors knew d thing was a scam & wanted to cash out b4 it crashes...d rest are just lazy & greedy...


I assure u, Nigerians would still invest in a similar scam again when it comes out