₦airaland Forum

I got a deposit alert of 470k today from a friend who wants me to keep the cash for 4 months.
I'm thinking of investing the cash for the said number of months.

Where can I SAFELY invest this cash for four months?

[s]Invest in over 2,5... Its a fast way to double the money and also a fast way to lose it

[/s]

No mind me na joke I dey o... Best thing is never touch that money, keep it as u were told, pretend like the money was never with u

Branch bank... Download on play store

omotola90:
Branch bank... Download on play store

How does this work?
The only BRANCH I know is a loan app.

eedimo:
How does this work?

branch is a microfinance bank licenced by cbn... Download app on playstore
For your investment, I'd advise you fix it and get returns every monday. I. E-470000*20%*5÷365=1287 naira.... N. B you get that amount every monday... Branch interest rare p. A is 20%, multiply by 5 days out of 365 * amount invested.... Your money can be withdrawn any time mind you.... This is the best for you under branch since the money is just for a short while..... I welcome or entertain any question

eedimo:
How does this work?
The only BRANCH I know is a loan app.

yeah same branch... They have the highest interest rate in the country... Download the app and utilize

I hope branch nor be scam oh! I nor wan hear stories that touch.

Gee64:
I hope branch nor be scam oh! I nor wan hear stories that touch.

I swear

Gee64:
I hope branch nor be scam oh! I nor wan hear stories that touch.

licenced by cbn.... Read reviews on playstore... Not your regular money
doubling scheme.... Just like carbon(paylater) and vfd bank

Money Mutual funds
Fixed Income fund or
Abacus MMF @emmasoft will give you further details

NgHotGirls:
Money Mutual funds
Fixed Income fund or
Abacus MMF @emmasoft will give you further details

sure but that mmf rate is below par.... I know quite a lot vgif, sfs, zimvest, fbn quest to mention a few.... But below par rates....

In order for you not to loose any part or whole of that money by way of an app closing /just refusing to open or you gathering virtual money/gain that may never be converted to real cash as was later the case of MMM, some know forex investment that went under; their agrovest and real estate partners or you even falling into some hungry scammers here.

The best thing for you to do is to just open a Money Market Fund account with either Stanbic IBTC or ARM where you will be sure of withrawal/redemption on the day you requested or at most the next day. There are other MMF and other Mutual Funds that could deliver maybe a better gain but then, their redemption delay at times.

My suggestion is based on the fact that the money was entrusted to you for keeps. It is neither a borrow or dash situation. You didn't ask him to give you the money for business either. So any delay in refunding when asked might breach the trust he has or probably hinder something bigger that can happen between you guys later.

omotola90:
sure but that mmf rate is below par.... I know quite a lot vgif, sfs, zimvest, fbn quest to mention a few.... But below par rates....

One major advice I give to intending investors is that the first thing to consider in any investment is the safety of your fund.
It's good to consider rate but have a higher rate and not sure of the safe return of capital is not good enough. In must cases the higher the rate the higher the risk.

MMF is still one of the safest way to keep your capital especially for risk averse investors. The interest and capital are guaranteed in MMF.

Abacus money market fund is good, rate is 7.73% as at yesterday and it's upward looking.

eedimo:
I got a deposit alert of 470k today from a friend who wants me to keep the cash for 4 months.
I'm thinking of investing the cash for the said number of months.

Where can I SAFELY invest this cash for four months?

lock the money up in cryptocurrency and get monthly returns or do spot trading. In case you want to know how chat me up on 08089456258

Modified

Hello man, I want to give you a profitable and sound idea on the fund remitted to you.
I might be too late if you have already invested the fund.
My advice:
�Don't invest it in Cryptocurrency since he will need it in next 4 months.
Reason, "you can not pull it out easily if you need it urgently and, the WORST, the value of the coin you invested it in might DEPRECIATE badly, leaving you at a very huge expense to cover.
� Secondly, don't invest in any platform that does not permit immediate withdrawal of funds, or might force you to wait till their own withdrawal time. Example are some Apps on play store mentioned here.
�Thirdly, don't be in haste to invest the money, as, haste in investment is a CLARION CALL for LOSS in Investment.

Now, I will show you a very nice App to invest your money and earn a commission daily. Also, you can withdraw the fund to your account within just 5 minutes of requesting payout.
Which site is that?
I introduce you to PiggyVest!
It is that Amazing platform that will pay you bountiful at interest during this period considering the huge amount of the money.
Use my link to invest to earn an extra 5% daily on your PiggyVest account.

https://www.piggyvest.com/?newref=1&ref=39f3f8b5640921

Try 1global. You wouldn't regret it

the time frame too small for investment with reliable organisations. so just keep the money as said so u dont disappoint your friend

Information is key.... I once said they are cbn licenced.... Proof is below... Number 8@freeman67

Gee64:
I hope branch nor be scam oh! I nor wan hear stories that touch.

checkout number 8 sir