Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,156,222 members, 7,829,371 topics. Date: Thursday, 16 May 2024 at 05:26 AM

I Have 20million Naira Saved, Pls Advice.. - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / I Have 20million Naira Saved, Pls Advice.. (1643 Views)

I Was Given N20,000 Only After I Returned 20million Naira Mistakenly Sent To Me / Checkout What I Saved From My Piggy Bank After 5 Months / Should I Give My Oga The N1.3M I Saved From His Business Or Do I Keep It? (2) (3) (4)

(1) (2) (Reply) (Go Down)

I Have 20million Naira Saved, Pls Advice.. by Efna55: 4:21pm On Apr 30
I have 20million naira saved from my remote job, I want to invest in properties or any physical business but the problem now is: I don't want my business to be destroyed by the government one day, anything can happen in Nigeria no matter the paper work you have, I initially wanted to save in crypto, but we know the crypto thing in the country..
What can I invest this money in, pls advice..

4 Likes 1 Share

Re: I Have 20million Naira Saved, Pls Advice.. by RealLordZeus(m): 4:29pm On Apr 30
Save in USD and continue with your job.. business is not for you

1 Like

Re: I Have 20million Naira Saved, Pls Advice.. by dawnomike(m): 4:30pm On Apr 30
Efna55:
I have 20million naira saved from my remote job, I want to invest in properties or any physical business but the problem now is: I don't want my business to be destroyed by the government one day, anything can happen in Nigeria no matter the paper work you have, I initially wanted to save in crypto, but we know the crypto thing in the country..
What can I invest this money in, pls advice..
Buy a 2or 3 bedroom flat in ibadan and rent it out.

4 Likes

Re: I Have 20million Naira Saved, Pls Advice.. by omowolewa: 4:30pm On Apr 30
Buy Land and Building
Re: I Have 20million Naira Saved, Pls Advice.. by Namaster: 4:41pm On Apr 30
Invest in your future. Use the money to FLEE Nigeria.

1 Like

Re: I Have 20million Naira Saved, Pls Advice.. by Hoelujohn: 4:41pm On Apr 30
Efna55:
I have 20million naira saved from my remote job, I want to invest in properties or any physical business but the problem now is: I don't want my business to be destroyed by the government one day, anything can happen in Nigeria no matter the paper work you have, I initially wanted to save in crypto, but we know the crypto thing in the country..
What can I invest this money in, pls advice..
Where is your location? If you are in Lagos, you can buy land of 2-3 million naira in Ogun state and use to build mini flats. That way you are sure of yearly rentals of 2m minimum

1 Like

Re: I Have 20million Naira Saved, Pls Advice.. by EreluRoz: 4:43pm On Apr 30
Efna55:
I have 20million naira saved from my remote job, I want to invest in properties or any physical business but the problem now is: I don't want my business to be destroyed by the government one day, anything can happen in Nigeria no matter the paper work you have, I initially wanted to save in crypto, but we know the crypto thing in the country..
What can I invest this money in, pls advice..
Come take me to Santorini

1 Like

Re: I Have 20million Naira Saved, Pls Advice.. by Chicagograduate(m): 4:50pm On Apr 30
Do not buy a landed property in Lagos and southwest.You see how Tinubu is destroying people's houses while bourdilon is not touched.Go to your village and build a house you may retire to.

8 Likes 2 Shares

Re: I Have 20million Naira Saved, Pls Advice.. by kokoA(m): 4:51pm On Apr 30
Enter club and do enough dorime, flex your life and invest in enough hookup babes .... Chop life my brother.. grin

1 Like 1 Share

Re: I Have 20million Naira Saved, Pls Advice.. by hakeemhakeem(m): 4:53pm On Apr 30
Hoelujohn:

Where is your location? If you are in Lagos, you can buy land of 2-3 million naira in Ogun state and use to build mini flats. That way you are sure of yearly rentals of 2m minimum

This is real advice, also in places like Amukoko, Ajegunle and Badia in lagos you can get 14 rooms and bq for like 10m to 13m renovate it to mini flat.there is no demolition or so ever
Re: I Have 20million Naira Saved, Pls Advice.. by NorthernAgender: 4:55pm On Apr 30
Continue dreaming sisi you no get.
Efna55:
I have 20million naira saved from my remote job, I want to invest in properties or any physical business but the problem now is: I don't want my business to be destroyed by the government one day, anything can happen in Nigeria no matter the paper work you have, I initially wanted to save in crypto, but we know the crypto thing in the country..
What can I invest this money in, pls advice..

1 Like

Re: I Have 20million Naira Saved, Pls Advice.. by Verbtips(m): 5:22pm On Apr 30
Efna55:
I have 20million naira saved from my remote job, I want to invest in properties or any physical business but the problem now is: I don't want my business to be destroyed by the government one day, anything can happen in Nigeria no matter the paper work you have, I initially wanted to save in crypto, but we know the crypto thing in the country..
What can I invest this money in, pls advice..
do store and sell biz
i.e buy red oil when cheap and when it appreciate
carry am go north go sell
just an example
or build websites
or buy online shares
e.t.c

1 Like

Re: I Have 20million Naira Saved, Pls Advice.. by raymexx: 5:29pm On Apr 30
Invest that money in oil business, raise Nnpc draft and sell when the Program is out I promise you will double that money in less than one year
Re: I Have 20million Naira Saved, Pls Advice.. by muller101(m): 5:33pm On Apr 30
EreluRoz:
Come take me to Santorini
see them
Re: I Have 20million Naira Saved, Pls Advice.. by jmoore(m): 5:57pm On Apr 30
I dey charge 300k as consultation fee for advice. If you are serious, contact me.

1 Like

Re: I Have 20million Naira Saved, Pls Advice.. by joinnow: 6:07pm On Apr 30
Efna55:
I have 20million naira saved from my remote job, I want to invest in properties or any physical business but the problem now is: I don't want my business to be destroyed by the government one day, anything can happen in Nigeria no matter the paper work you have, I initially wanted to save in crypto, but we know the crypto thing in the country..
What can I invest this money in, pls advice..

If you can invest back into what gave you the 20 million or scale on what make you the 20 million.
If you are based Port Harcourt,lagos or Abuja I will link you to Rental property that will start generating cash flows immediately

2 Likes

Re: I Have 20million Naira Saved, Pls Advice.. by franchasofficia: 6:35pm On Apr 30
Efna55:
I have 20million naira saved from my remote job, I want to invest in properties or any physical business but the problem now is: I don't want my business to be destroyed by the government one day, anything can happen in Nigeria no matter the paper work you have, I initially wanted to save in crypto, but we know the crypto thing in the country..
What can I invest this money in, pls advice..
buying land in already developed middle class city area in the state you live, don't build because your money won't go anywhere. Just buy old dilapidated buildings, demolish the building, clear up the site and resell as empty land.


Don't buy the land to keep or build on it. Your target is to buy and resell as soon as possible.


You can also invest in Federal government Treasury bills, the current rate now is attractive. It comes with almost no risk. The rate now is 20% returns after 3 months because FG is broke and desperate to attract investors.



Government bond is also good but the interest is very small.


These are investments with minimal risk.

Avoid buying stock please.

3 Likes

Re: I Have 20million Naira Saved, Pls Advice.. by DavidEsq(m): 6:43pm On Apr 30
Efna55:
I have 20million naira saved from my remote job, I want to invest in properties or any physical business but the problem now is: I don't want my business to be destroyed by the government one day, anything can happen in Nigeria no matter the paper work you have, I initially wanted to save in crypto, but we know the crypto thing in the country..
What can I invest this money in, pls advice..
I have a 2.6bn property I would want u to look into. I assure u a turnover of 80m minus your capital of 20m
Re: I Have 20million Naira Saved, Pls Advice.. by bmasz(m): 6:54pm On Apr 30
Efna55:
I have 20million naira saved from my remote job, I want to invest in properties or any physical business but the problem now is: I don't want my business to be destroyed by the government one day, anything can happen in Nigeria no matter the paper work you have, I initially wanted to save in crypto, but we know the crypto thing in the country..
What can I invest this money in, pls advice..

You can do the following

1. Invest with PWAN a real estate company. And get 30% of your investment as ROI after one year. Investment returns is guaranteed with issuance of a post dated check.

2. Buy an apartment for 10-15M. Use 5M for renovations and furnishing, then put it up for Airbnb. Could recoup 20-50% of investment with 18 months depending on location.

3. Invest in agriculture, but a land in rural area for 5M and plant plantain after treatment of land.... Recoup 150% of investment within 6 months.

4. I don tire haha.... Buy grounut_oil in container and sell at 100-500 naira profit margin and make profit on turnovers. Triple investment within a year.

5. Each option has it's pros and cons. That's a discussion for another day.

Hope this is of help.

3 Likes

Re: I Have 20million Naira Saved, Pls Advice.. by BigDawsNet: 6:59pm On Apr 30
Efna55:
I have 20million naira saved from my remote job, I want to invest in properties or any physical business but the problem now is: I don't want my business to be destroyed by the government one day, anything can happen in Nigeria no matter the paper work you have, I initially wanted to save in crypto, but we know the crypto thing in the country..
What can I invest this money in, pls advice..

Don't do crypto

Why don't u invest in study abroad... you will be doing ur generation a big solid favour..


20m is okay to take u overseas for study... don't dull bro

And wat kind of job u do with remote
Re: I Have 20million Naira Saved, Pls Advice.. by jackie111(m): 7:27pm On Apr 30
You can invest in businesses. I trade fx tho'
Re: I Have 20million Naira Saved, Pls Advice.. by Dukssak(m): 7:30pm On Apr 30
Efna55:
I have 20million naira saved from my remote job, I want to invest in properties or any physical business but the problem now is: I don't want my business to be destroyed by the government one day, anything can happen in Nigeria no matter the paper work you have, I initially wanted to save in crypto, but we know the crypto thing in the country..
What can I invest this money in, pls advice..
get 2 genuine plot worth 16 million. Please do your research well before buying. Then use the rest for small scale business
Re: I Have 20million Naira Saved, Pls Advice.. by Erums(m): 8:49pm On Apr 30
bmasz:


You can do the following

1. Invest with PWAN a real estate company. And get 30% of your investment as ROI after one year. Investment returns is guaranteed with issuance of a post dated check.

2. Buy an apartment for 10-15M. Use 5M for renovations and furnishing, then put it up for Airbnb. Could recoup 20-50% of investment with 18 months depending on location.

3. Invest in agriculture, but a land in rural area for 5M and plant plantain after treatment of land.... Recoup 150% of investment within 6 months.

4. I don tire haha.... Buy grounut_oil in container and sell at 100-500 naira profit margin and make profit on turnovers. Triple investment within a year.

5. Each option has it's pros and cons. That's a discussion for another day.

Hope this is of help.

Can we discuss on the groundnut oil biz
Re: I Have 20million Naira Saved, Pls Advice.. by Beauty4brain(f): 9:16pm On Apr 30
franchasofficia:
buying land in already developed middle class city area in the state you live, don't build because your money won't go anywhere. Just buy old dilapidated buildings, demolish the building, clear up the site and resell as empty land.


Don't buy the land to keep or build on it. Your target is to buy and resell as soon as possible.


You can also invest in Federal government Treasury bills, the current rate now is attractive. It comes with almost no risk. The rate now is 20% returns after 3 months because FG is broke and desperate to attract investors.



Government bond is also good but the interest is very small.


These are investments with minimal risk.

Avoid buying stock please.
Very awesome advice. Just buy and resell and keep growing your money

1 Like 1 Share

Re: I Have 20million Naira Saved, Pls Advice.. by Beauty4brain(f): 9:20pm On Apr 30
@op, in all you do, don't build house with the hope of collecting yearly tentage. Is a waste of resources.
Buy properties and resell.
Especially those putting their properties on a distress sales.
Such business can not take your time away from whatever you're doing.

Good luck and congratulations on your strength to save such amount of money.

3 Likes

Re: I Have 20million Naira Saved, Pls Advice.. by Airlord2030: 9:48pm On Apr 30
Which remote job did you do to save 20m?
lying modafvcker
Re: I Have 20million Naira Saved, Pls Advice.. by Curious345: 9:55pm On Apr 30
Hoelujohn:

Where is your location? If you are in Lagos, you can buy land of 2-3 million naira in Ogun state and use to build mini flats. That way you are sure of yearly rentals of 2m minimum
where in Ogun State ?

What type of mini flat
Re: I Have 20million Naira Saved, Pls Advice.. by Curious345: 9:56pm On Apr 30
And you think it's easy to resell houses?
Beauty4brain:
@op, in all you do, don't build house with the hope of collecting yearly tentage. Is a waste of resources.
Buy properties and resell.
Especially those putting their properties on a distress sales.
Such business can not take your time away from whatever you're doing.

Good luck and congratulations on your strength to save such amount of money.
Re: I Have 20million Naira Saved, Pls Advice.. by Curious345: 9:57pm On Apr 30
Where do you buy treasury bills?
franchasofficia:
buying land in already developed middle class city area in the state you live, don't build because your money won't go anywhere. Just buy old dilapidated buildings, demolish the building, clear up the site and resell as empty land.


Don't buy the land to keep or build on it. Your target is to buy and resell as soon as possible.


You can also invest in Federal government Treasury bills, the current rate now is attractive. It comes with almost no risk. The rate now is 20% returns after 3 months because FG is broke and desperate to attract investors.



Government bond is also good but the interest is very small.


These are investments with minimal risk.

Avoid buying stock please.
Re: I Have 20million Naira Saved, Pls Advice.. by Hoelujohn: 10:03pm On Apr 30
Curious345:
where in Ogun State ?

What type of mini flat
Ado Odo Ota which is close to Lagos. Target 8 room and parlour self .
Re: I Have 20million Naira Saved, Pls Advice.. by Lisa290: 10:17pm On Apr 30
franchasofficia:
buying land in already developed middle class city area in the state you live, don't build because your money won't go anywhere. Just buy old dilapidated buildings, demolish the building, clear up the site and resell as empty land.


Don't buy the land to keep or build on it. Your target is to buy and resell as soon as possible.


You can also invest in Federal government Treasury bills, the current rate now is attractive. It comes with almost no risk. The rate now is 20% returns after 3 months because FG is broke and desperate to attract investors.



Government bond is also good but the interest is very small.


These are investments with minimal risk.

Avoid buying stock please.

The bolded above is the smartest advice ever. In my location there are a lot of old buildings in very good locations. I will Invest in this your strategy

2 Likes 1 Share

(1) (2) (Reply)

Do You Know That You Can Make Money From Small Scale Export And Import? / Learn This Forex Sniper Trade Stategy For Today / Distributors Wanted For UK Food Imports

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 54
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.