Lekan239:
wait. U wan dey change ur house window and doors, or you wan dey change ur house roof now and then?

Cause I no understand the kind maintenance that will be done on a fully completed house now and then o. Other than sweeping ur compound and cleaning it

CoronaVirusPro:
Owning a house is a long term investment and a liability for your age. Land is better.

Do you have needs for a car? If yes, hold lands and buy a car. Building is not worth it if you just starting up. You will end up caging your money.


You can use remainder to invest in good stocks. Google, Raytheon and Amazon

You could also hold rare coins.


At your age, it’s guaranteed you will smile in +15 years and will have more than enough to build if you choose.

Lindajames1010:
please I want to know more about google stock, Raytheon and Amazon stock

CoronaVirusPro:



Try the below. Your citizenship might hinder you in the most legit ones I know. But I think the below would fly. Its very legit.

https://start.tdameritrade.com/welcome?routedSegment=retail
https://start.tdameritrade.com/welcome?routedSegment=retail

CoronaVirusPro:


Open a brokerage account of your choice and you will be good to go.

Lindajames1010:
for instance, if I invest 2m how much will be my return on investment?

CoronaVirusPro:


Open a brokerage account of your choice and you will be good to go.

CoronaVirusPro:
Owning a house is a long term investment and a liability for your age. Land is better.

Do you have needs for a car? If yes, hold lands and buy a car. Building is not worth it if you just starting up. You will end up caging your money.


You can use remainder to invest in good stocks. Google, Raytheon and Amazon

You could also hold rare coins.


At your age, it’s guaranteed you will smile in +15 years and will have more than enough to build if you choose.
Rubbish talk, whatever gave him money, will still give him money to complete it

CoronaVirusPro:


It all depends on market fluctuations. Do more research on what stocks you will want to buy.

BigIyanga:

Brokerage account without SSN possible?

Easyincome24:
It's good one plans his/her life early enough to avoid story that touches.

Some of our parents never believed that the country will become what it is today.

My father told me how cheap lands were in the country when he was in his 20's. He regretted not investing enough due to shouldering many responsibilities especially bringing his siblings and extended families to the city. He nurtured them till they became of age. When he realized what's up, time has exceeded him as we the children have needs too.

Now, I'm asking the following question: between owning a car or house, which would you advice someone in his 20's to acquire first?

Both can yield returns as long as they can be used in the proper way for investment.

Can we have more people comment on this to help many who are still in their 20's and able to fund any of the assets?

Note: Some young folks are doing legit work earning in $$$. I have some techy guys in their 20's as software developers, Blockchain DAOs, Freelancers, Content creators, YouTube influencers, Social Media Marketers, 3D animators, AI engineer, Bitcoin minning. They evolve around tech working remotely. So, not all of these guys in their 20's are yahoo yahoo, at least these ones I can guarantee.

We engaged in a discussion where they raised the above question about which is best between owning a car or house at their ages.

CoronaVirusPro:


Possible. I Webull does. I just wont recommend it.

BigIyanga:

So does one fund the account from Naija?

Nche95:
Archaic mentality. Car Is just a means of transportation. Owning one doesn't stop you from building a house

talented321:
House! Car is a liability and has expire date.

MT:


Car can also sometimes be an asset. For instance, if you want to go for some contracts, they might measure your worth through the kind of car you drive. They wont follow you to see the kind of house you live in.

It depends on whichever applies to your case.

CoronaVirusPro:


Does that still demand him at his age to go tie down an investment that wont yield nothing till after 15-20 years?

That's bad investment!

Its a crude mentality amongst many who want to attain the "SOCIAL STATUS" that "I own a house"

BigIyanga:

How does house/property tie up investment? What investments can you do in Naija that has ROI bigger than inflation rate of 20%?
A house that can be rented brings in dual income-.rent and asset appreciation and can also be borrowed against. Tell me how many investments in Naija can be collateralized.. like a property.

Easyincome24:
It's good one plans his/her life early enough to avoid story that touches.

Some of our parents never believed that the country will become what it is today.

My father told me how cheap lands were in the country when he was in his 20's. He regretted not investing enough due to shouldering many responsibilities especially bringing his siblings and extended families to the city. He nurtured them till they became of age. When he realized what's up, time has exceeded him as we the children have needs too.

Now, I'm asking the following question: between owning a car or house, which would you advice someone in his 20's to acquire first?

Both can yield returns as long as they can be used in the proper way for investment.

Can we have more people comment on this to help many who are still in their 20's and able to fund any of the assets?

Note: Some young folks are doing legit work earning in $$$. I have some techy guys in their 20's as software developers, Blockchain DAOs, Freelancers, Content creators, YouTube influencers, Social Media Marketers, 3D animators, AI engineer, Bitcoin minning. They evolve around tech working remotely. So, not all of these guys in their 20's are yahoo yahoo, at least these ones I can guarantee.

We engaged in a discussion where they raised the above question about which is best between owning a car or house at their ages.

CoronaVirusPro:
Owning a house is a long term investment and a liability for your age. Land is better.

Do you have needs for a car? If yes, hold lands and buy a car. Building is not worth it if you just starting up. You will end up caging your money.


You can use remainder to invest in good stocks. Google, Raytheon and Amazon

You could also hold rare coins.


At your age, it’s guaranteed you will smile in +15 years and will have more than enough to build if you choose.

Allisgud:
how is building ur own house caging ur money,if u have the means build it, remember building a house is an opportunity, people who build thier house with 5k in 1980 are still enjoying it, cement is 5500 now by December u will buy it for 9000

CoronaVirusPro:


Let me do the calculation for you!

Lets assume you built a house for 40 million, and you renting for 1M per annum. How many years will it take him to recover investment and get into profit? Excluding maintenance.

Now putting his age into consideration, he is still at a stage where he can turn-over that cash than waiting for 40 years. That age also gives him great opportunity to take and spread risk.

Allisgud:
the question u should ask is that money he wants to build house with did he get it from doing business,no,must u build a 4om house?u want to live in it urself, imagine ur landlord have this ur mindset u for no see house to rent,maybe by 2024 2025 ur profit for the business wey u put ur money no go reach u build house by then