₦airaland Forum

AmgAmg:
Sorry , that message was actually meant for the other man talking about mutual stuffs

AmgAmg:
You’ve made some solid points about investing in Naira, but I still think it’s a bad idea for one major reason only : Naira’s devaluation .

Just Imagine you had ₦10 million just two weeks ago when the exchange rate was ₦1,530 to a dollar. Then suddenly, it drops to ₦1,630. That 100-point jump means you’ve effectively lost ₦1 million, or 10% of your money, without even touching it … just because the Naira got weaker.

Now, let’s say that ₦10 million is invested and generating a 20% annual return. Sounds good on paper right ?. But if the Naira loses 30-40% of its value that same year (which is very possible), your gains are completely wiped out. You’d be down let say ₦3-4 million, so even with growth, your real value drops. And That completely defeats the purpose of investing.

AmgAmg:
You’ve made some solid points about investing in Naira, but I still think it’s a bad idea for one major reason only : Naira’s devaluation .

Just Imagine you had ₦10 million just two weeks ago when the exchange rate was ₦1,530 to a dollar. Then suddenly, it drops to ₦1,630. That 100-point jump means you’ve effectively lost ₦1 million, or 10% of your money, without even touching it … just because the Naira got weaker.

Now, let’s say that ₦10 million is invested and generating a 20% annual return. Sounds good on paper right ?. But if the Naira loses 30-40% of its value that same year (which is very possible), your gains are completely wiped out. You’d be down let say ₦3-4 million, so even with growth, your real value drops. And That completely defeats the purpose of investing.

AmgAmg:
You’ve made some solid points about investing in Naira, but I still think it’s a bad idea for one major reason only : Naira’s devaluation .

Just Imagine you had ₦10 million just two weeks ago when the exchange rate was ₦1,530 to a dollar. Then suddenly, it drops to ₦1,630. That 100-point jump means you’ve effectively lost ₦1 million, or 10% of your money, without even touching it … just because the Naira got weaker.

Thats very thoughtful of you , I completely understand your concern about the Naira devaluation, it’s a valid point, especially when looking at things from a global investor’s perspective.





However, in this particular case, the capital is already in Naira, the business operates in Naira, and returns will also be realized in Naira. So, unless there’s an intention to convert profits into foreign currency or repatriate funds abroad, the exchange rate fluctuation doesn’t actually result in a real loss. The value might shift on paper when compared to the dollar, but operationally, the capital remains intact and functional within the local economy.
In other words, we’re not taking forex risk here because we’re not exposed to forex. We're simply looking to grow existing Naira capital in the most productive way possible within the same economy.
Let me know your thoughts on this perspective—I’d love to explore how we can align on a win-win approach.

Now, let’s say that ₦10 million is invested and generating a 20% annual return. Sounds good on paper right ?. But if the Naira loses 30-40% of its value that same year (which is very possible), your gains are completely wiped out. You’d be down let say ₦3-4 million, so even with growth, your real value drops. And That completely defeats the purpose of investing.

ololufemi:
When you consider the USD value, vehicles are not appreciating assets. The unfortunate situation of the economy is what has made Nigerians have the illusions that vehicles are appreciating assets. They also need to be serviced using spare parts etc. If they are not new vehicles, you can never tell how badly they have been compromised.

Luxury car rentals is no different from registering your car under an Uber service to make returns to you. Na story dey usually end am last last (just ask around from people who have done it before). The only way you have it done is if it is being handled by an insider to an organisation and blandest premium charges are billed to the organisation using them.

AmgAmg:
Thank you for the suggestion, but this business model seems too complex for my comfort. I prefer working with clear, straightforward systems.. like basic math, where 1+1 always equals 2. I don’t like being in situations where I don’t have full transparency or control, especially when it involves depending on people I don’t know so well.

This setup reminds me of gig-economy platforms (like Uber or similar businesses), where the operator has the ability to manipulate numbers without oversight. For example, they could claim they only had 3 customers in a day when they actually served 10, and as an investor or partner, you’d have no real way of confirming that

AmgAmg:
yeah bro, and I do get your point on the business side as well — demand really does shift with quantity. I was even telling someone up there, the same thing the other day, that working with 1 million isn’t the same as handling 10 million.

I’ve actually been thinking about starting a fintech company lately. Did a bit of research on crypto exchanges the other day… still learning the basics though, just taking it one step at a time

LoanShark:
The maximum amount of loan we can give is N1,000,000 but it must be fully secured with a collateral with 150% cover which will be placed in our custody with all the title documents and a written instruction to sell in the event of default.

LoanShark:
It has to be something moveable and its current market value must be at least 1.2million Naira.

Note that you will give us a written instruction to sell it if you default in making payment as agreed

LoanShark:
What collateral do you have?

AmgAmg:
I recently received an inheritance and now have over ₦150-million just sitting here, doing nothing. I need solid advice on how best to invest this money. I’m looking for a moderate to high-yield investment that won’t be affected by the depreciation of the naira.

Let’s be real ….. we’ve all seen how bad the naira has devalued over the years. The last thing I want is to put my money into something, only to wake up in a few years and realize its value has been slashed into half. You know what I mean. Even if the business is in naira, it has to be highly profitable so that currency depreciation won’t eat away it.

I don’t want meaningless or negative suggestions…. only serious, well-thought-out opinions . I’m open to meeting up as well….. to discuss solid business ideas, and trust me, a handsome reward awaits whoever brings the best proposal.

That said, let me be clear:
I have the Commissioner of Police and EFCC on speed dial. If anyone thinks this is an opportunity for a scam, just know that any fraudulent attempt will be dealt with the full extent of the law.

If you have a genuine, profitable, and well-researched idea, let’s talk.

femmykenny:
Thanks.
I am sticking with weekly payment and not hire purchase.

femmykenny:
Thanks.
I am sticking with weekly payment and not hire purchase.