jedisco:


Haven't been badly affected aside usual settlement which I budget for. But then investing in properties can be a landmine especially if you're not local.
Its not helped by the fact that very few states aside FCT have a good geographic information system. Reason why some prefer Abj as it has more liquidity too.

If the land remains fallow in an area that has hugely appreciated, it would be a target. It's even worse when it's a large piece. You'd many times need the help of locals to ensure no one sells it off even with a fence around. When u sell, you'd share profits.
I've seen locals fall the perimeter fence of a large plot which oddly was adjoining the very company of the owner. Of course, the owner had C of O but till today (5 yrs on), there's still no headway on it.


Eventually, depending on where you are, when selling, you'd need to budget something for locals who helped. Many times, you cant avoid this. Best is to negotiate, factor these costs in your selling price or push majority of it to the seller.

Personally, what I do to secure is low fence, military keep off post and get one of the locals to farm there. I tend not to keep for too long. Once I get the appreciation I've targeted/slow down in the area, I sell and move on. My purchases have largely been in the north though.

Godspeed0:
i just saw this thread me too want join investment gang i have 2 million where would i start from?

Godspeed0:
i just saw this thread me too want join investment gang i have 2 million where would i start from?

Oyindamolah:
Split into 60-20-10
60% for money market fund
20% for Treasury bill
10% for business

NL1960:


What of the remaining 10%?.

Oyindamolah:
Split into 60-20-10
60% for money market fund
20% for Treasury bill
10% for business

awesomeJ:


I apologize for that bad advice that year.
I had an unduly high faith in Emefiele.

Now I've even learnt some tech skills, I earn some dollars, and I prefer if it reaches #950.


Again apologies for being "over patriotic" at the time. I could have listened to people and switched to USD at #480 then. Only good thing for me is that when the heat got too much, I was forced to learn skills that now give me some USD earnings once a while.

Littlejay:


What of someone like me that possess 1.1m for investment?
How would you advise I split the capital?

Experts in the house please advise🙏

Oyindamolah:
How did you get the money?

Rizin:


You have 2m?
Untill you invest in mmm, your eye no go clear.

Take your time, go through the thread, understand what it's all about and ask relevant question.

Oyindamolah:
Split into 60-20-10
60% for money market fund
20% for Treasury bill
10% for business

Godspeed0:
bro what is money market fund and Treasury bill forgive my ignorance

enque:


Emmasoft better come and sell ur MMF market

Godspeed0:
bro what is money market fund and Treasury bill forgive my ignorance

Godspeed0:
bro what is money market fund and Treasury bill forgive my ignorance

pizapato:


Yes I am not.

I can't let patriotism drive me into penury. Anyone who is wise will split their investment into 2 parts (some in dollar and some in naira).

The gratuity of many people have been turned to peanuts with the endless devluation. Yet you think those who are in control of their investments will open their eyes and watch, while the value is stripped away by mismanagement of the economy by greedy politicians.

If I'm given the opportunity to manage my pension contributions right now, I will convert it to dollar and invest in Eurobond fund.

When the leaders start to show some elements of patriotism, we the populace will follow.

Godspeed0:
bro abaaa you are harsh am just a young fela without any experience about investment am here for guildian

VeeVeeMyLuv:

You are coming from Forex domain, can u tie your capital down for a whole calender year just to get 10% returns only in treasury bills?

Especially When you see your mate winning millions from bet9a by staking just N100.

Bros abeg you can't

Littlejay:


I'm thinking this quote is also for me and I'll just say this:

There's nothing to be compared with stable and low risk investment regardless of the returns. Not including the peace of mind that follows.
I just began my 20s and I need something that I can call a very long term investment...
Much respect bosses

VeeVeeMyLuv:

This is my own mindset too.

Bonus advice from me: u can try Nigeria stock exchange with long term target in mind, the longer the time of keeping the investment position, the bigger the rewards. It can fetch 100, 200, 500, 1000% see Nigeria stock exchange surging upon assumption of new regime of GOVT.

Check this link: https://tradingeconomics.com/fcmb:nl

The bellow picture is FCMB giving a return of 200+%

NL1960:


Not really easy to be patient with stocks especially when you see the returns on MMF. Was patient on FCMB for 5years. It is just when the new government came in that it started to move and got to N6. I sold on Friday and will be moving the funds to MMF.

The same thing happened to First Bank. Was between N7-N9 for many years before it started moving after the new government came in. It is now at N18. Will just watch it for few more weeks before determining to sell and move the funds to MMF.

Foodempire:
Treasury bills results

alezzy13:


Wow. Didn't know it had gone up again. That's great 👍

emmasoft:


@Godspeed0 based on your post which implies you want a low-risk investment that is why @Oyindamolah gave the advice.

A money market fund is a type of mutual fund (investment fund that pools money from different investors to invest in different asset classes and is managed by professionals(fund managers) and gives returns at an agreed period)

Money market fund as a type of mutual fund invests investors' funds in basically treasury bills and commercial papers.
Depending on the fund manager, each investor gets interest paid/reinvested every quarter or monthly as the case may be.
As already stated money market fund falls under the low-risk form of investment. Investors' capital is safe and returns are certain though there is little flexibility to the returns because it's daily valued but one thing is sure investors will get back their capital anytime it's needed.
Money market fund has easy entry and exit without any penalty after 30 days of entry.
Another good thing about a money market fund is that you need as little as N5,000 or less to start investing in it.
Most investors use MMF as a way to keep cash and serve as an emergency fund while enjoying high interest compared to the regular interest on savings accounts offered by MDBs.

To start investing in MMF, you need to open an account with a fund manager. You can do that with Stanbic ibtc asset management by clicking the link on my signature.

Treasury bills are government debt instruments. In layman's language, it means investors lending money to the federal government for a specific tenor ( 3 months, 6 months, or one year) and the borrower i.e. the federal government agreeing to pay interest. It's also a very safe and near-no-risk investment which anyone can do with no regret.

You can reach out to me if you need more clarification on mutual funds and other investments. My numbers are displayed on my signature.

Littlejay:



Can I DM u on WhatsApp to know more about the mmf sir? I’m willing to invest but I want to clear some doubts and concerns I have before doing so sir
Much respect

NL1960:


Not really easy to be patient with stocks especially when you see the returns on MMF. Was patient on FCMB for 5years. It is just when the new government came in that it started to move and got to N6. I sold on Friday and will be moving the funds to MMF.

The same thing happened to First Bank. Was between N7-N9 for many years before it started moving after the new government came in. It is now at N18. Will just watch it for few more weeks before determining to sell and move the funds to MMF.