₦airaland Forum

100m use 50m get 10 good grade mini bus to driver to deliver 5k each per day no stress,invest the rest on palm trees and oil production no stress of heldmen

immaculatesense:
A wise man below 40 years will go for #50,000 daily, while a foolish man below 40 years will go for #100 Million once and for all.
A wise man above 40 years will go for a #100 Million once and for all, while a foolish man above 40 years will go for #50,000 daily.

Age matters in decision making. Be wise PER TIME.

But irrespective of the decision made, you cannot be a loser. At least, it's a free money and irrespective of the choice made, the end always justifies the means.

Thanks.

Well said.

As a business minded person... I will go for the guaranteed 50K daily income.

As my Grandma would fondly say: tọrọ to yọ san ju epìnì lọ

This way, I can plan and play the long term game... all things being equal. Like sort basic needs for longterm (including food and shelter for comfort), and gradually save for investments, though patiently.

damosky12:
Many of these stories are pathetic man! 50m shop struggling to make 50k daily? Lol. Close it down!

If you have 10m, I have businesse you can do and recoup the 10m in 5 months. Not to talk of 100m!

18.25 per year is just for you to provide food,shelter, and basics for your family. It can't make you rich! It's basic!

That's not even enough to get a luxury car. Why not take risk than settle for less? This may not be popular, but so is wealth.

Of course take a risk....if u have something to take a risk on...that's my earlier point ....but if not ....stick with your guaranteed 1.5M per month ....

In case u don't know, a person with access to guaranteed risk free 18.25 million for life can even take better risk than you... But I bet u don't see how ....

Btw...luxury is relative term......maybe where u come from luxury car start from 100million.. but where I come, from which is Nigeria....a 18million naira benz, Toyota, Hyundai or Lexus is a luxury car

immaculatesense:
I think I have given an holistic view and approach.
Your idea is reasonable and also flawed.
100 million could become 400 million in 4 years. (True)
100 million could become Zero naira in 4 years (True).

50,000 naira remain constant and sure for the rest of his life.

Now choose: One is constant for the rest of your life irrespective of what and how you spend it, while you could multiple and build and empire with the other or lose every naira depending on how you spend it.

Be Wise.

I agreed with you base on your opinion which I don't agreed with base on Economics who has a better plans to create wealth that will be beneficial to others. A Typical salary earners will agree with yours while a Business oriented one must not try to adopt. There is different between leive to survive and living to create wealth . Your views only centers on risk factors of survival which is not applicable to everyone's life of creativities and producer not consumer life styles.

damosky12:
Lol. Be careful with using words like wise and foolish. You're scoring an own goal.

It's not about age. Someone who has a solid knowledge capital can grow the 100m into billions in a couple of years. No business-oriented person would opt for hand-outs daily over lump-sum capital.

With your 50,000 daily, it'll take you nearly six years to reach 100m. And in that six years, the other guy who had 100m has grown it (and keeps growing his capital base). And you with 50,000 daily is facing a depreciated value, without any significant change in your worth.

Also, do you know with assured 50k daily for the rest of his life... he can easily approach any loan agent for investment loans (assuming one is living for another average 30 - 40yrs).

It's similar principle with how Naija government keep getting foreign loans... "a guaranteed/steady flow of oil."

advanceDNA:
Of course take a risk....if u have something to take a risk on...that's my earlier point ....but if not ....stick with your guaranteed 1.5M per month ....

In case u don't know, a person with access to guaranteed risk free 18.25 million for life can even take better risk than you... But I bet u don't see how ....

Btw...luxury is relative term......maybe where u come from luxury car start from 100million.. but where I come, from which is Nigeria....a 18million naira benz, Toyota, Hyundai or Lexus is a luxury car

Okay. Let's assume you want to use the whole year's 18m to buy luxury car... First, you can't buy any modern tokunbo luxury benz in good condition for that amount. Second, to buy a car sef, you'd have to gather the money for a whole year. If the payment is starting today, that means you're only ready to buy the car next year. By then, inflation has done its thing.

The problem here is exposure... Anyone with a little bit of exposure in business would not confine themselves to 50k for life for fear of blowing 100m.

100m is a huge capital for business. I'm salivating at the potential of that money. Even if you're not investing in business, treasury bills (compounding over a year), fixed deposits in usd, annuities, etc. alone would yield more than 18m per year for you. Not to talk of real business.

But I get your perspective anyway. You just want to be safe. And that's alright too.

ruzell86:
Also, do you know with assured 50k daily for the rest of his life... he can easily approach any loan agent for investment loans (assuming one is living for another average 30 - 40yrs).

It's similar principle with how Naija government keep getting foreign loans... "a guaranteed/steady flow of oil."

Why go for a loan when you can have a hundred million? There's no need confusing yourself.

If you are business or wealth oriented, you for for a 100m and expand it. If you're a comfort zone person, you'll go for 50k daily.

Business grows, thanks to assets. Your 50k daily, inflation and needs would outgrow it in time.

adekolaelect:
I agreed with you base on your opinion which I don't agreed with base on Economics who has a better plans to create wealth that will be beneficial to others. A Typical salary earners will agree with yours while a Business oriented one must not try to adopt. There is different between leive to survive and living to create wealth . Your views only centers on risk factors of survival which is not applicable to everyone's life of creativities and producer not consumer life styles.

Smile. The end point of every business is to make profit and grow. The daily 50k does not come with a clause that you will not invest or do business or grow. With 50k daily, I can grow a business after five years that will be a force to reckon with.

I CALL THAT 50K DAILY, THE SAVING PERIOD FOR A FUTURE INVESTMENT. Note: I am not spending all the 50k as they come, I am investijg it through saving 40k daily for five years and spending 10k daily is okay for me during the saving period.

Thanks.

damosky12:
Whatever rocks your boat man. But I'll choose bravery over fear. I'll choose adventure over comfort zone.

I don't want daily handouts. I want a capital.

Smile.
I will choose CONSISTENCY over BRAVERY.

I do not want to gamble. I want assurance.
Thanks.

Brandosky:
If i take 100 million and invest in treasury bill for 364 days. I will be getting 54,000 daily interest.

You have a point though. BUT
Having 100 million at once has its own security risk. 50k daily does not really expose you that much to fraud and kidnap ransom.

Though you have a strong economic point.

damosky12:
Why go for a loan when you can have a hundred million? There's no need confusing yourself.

If you are business or wealth oriented, you for for a 100m and expand it. If you're a comfort zone person, you'll go for 50k daily.

Business grows, thanks to assets. Your 50k daily, inflation and needs would outgrow it in time.

Your point is good. But, Pls don't assume he would finish the 50K daily or weekly in wait for another handout.

You cannot guarantee what will happen to the N100m in the following years, but the 50K guarantees you will not be stranded at any point if put to good use consistently.

Do not forget the concept that "wealth building" can also be a gradual process.

immaculatesense:
Smile. The end point of every business is to make profit and grow. The daily 50k does not come with a clause that you will not invest or do business or grow. With 50k daily, I can grow a business after five years that will be a force to reckon with.

I CALL THAT 50K DAILY, THE SAVING PERIOD FOR A FUTURE INVESTMENT. Note: I am not spending all the 50k as they come, I am investijg it through saving 40k daily for five years and spending 10k daily is okay for me during the saving period.

Thanks.

Laughing 😂😂😂😂😂 . Everything is level and prospects with life experiences. Can you tell me what that your saving plan is meant for if it ever become a successful one? Oga you need to grow in business orientations than this . I assumed this your conclusions look petty .

100ml invested with a fortune 500 will pay better than 50k daily

damosky12:
Okay. Let's assume you want to use the whole year's 18m to buy luxury car... First, you can't buy any modern tokunbo luxury benz in good condition for that amount. Second, to buy a car sef, you'd have to gather the money for a whole year. If the payment is starting today, that means you're only ready to buy the car next year. By then, inflation has done its thing.

The problem here is exposure... Anyone with a little bit of exposure in business would not confine themselves to 50k for life for fear of blowing 100m.

100m is a huge capital for business. I'm salivating at the potential of that money. Even if you're not investing in business, treasury bills (compounding over a year), fixed deposits in usd, annuities, etc. alone would yield more than 18m per year for you. Not to talk of real business.

But I get your perspective anyway. You just want to be safe. And that's alright too.

Lol ....u don't get my perspective....u just think u do because all ur talk exposure in business only sits on being condescending and buying a luxury car.....

baba...u are talking of exposure yet u don't know that someone with a guaranteed 1.5million a month for life can actually access a 100million naira facility and still keep his 1.5million per month cash flow for life...

It's actually laughable that u are talking business and exposure....yet you are ignoring risk level.......in the world of business ur risk profile determines the level of business u can do and the level of business anyone will do with you

Which is why u don't understand that coscharis Motors will gladly give a person with guaranteed 1.5million for life a 50M naira benz without thinking twice because in this hypothetical scenario coscharis knows the person is liquid for life......while u can't even dare to buy a 50million car at once because half of ur capital is gone with no back up

It's the same reason Elon musk or Jeff is richer than Ronaldo.....yet Ronaldo likely has 500million dollars in cash sitting in his account and Elon doesn't....

From the start..I said 100M with a good business idea that would yield guaranteed is great....but if not...u can't go wrong choosing 18.25 million for life...

adekolaelect:
Laughing 😂😂😂😂😂 . Everything is level and prospects with life experiences. Can you tell me what that your saving plan is meant for if it ever become a successful one? Oga you need to grow in business orientations than this . I assumed this your conclusions look petty .

I am a businessman and I am telling that regular daily 50k is in many ways better than 100M once.
I could grow my business with the daily 50k (1.5M monthly) and in twenty years I could be happier and more successful than the man with the 100M as of today, unless he is as smart or smarter than I am.
BRAVERY HAS LED A LOT INTO REGRET. WISDOM IS PROFITABLE TO INSTRUCT.

Thanks.

Bestwt001:
If you had to choose: would you take a one-time payment of ₦100 million today, or receive ₦50,000 every day for the rest of your life — and why?

90% of Africa man will choose 100M

80% of Oyibo will choose 50k

If u have 50k daily assurance.. u can easily collect a loan of 20M to run any business..

While u use 10k daily for needs n use 40k to settle loan

I.e if u need urgent money oh...

50daily is 1.5M monthly oh for life .. haba why go for 100M once that can vanish in hands of Tinubu,Wike n wicked Government

advanceDNA:
Lol ....u don't get my perspective....u just think u do because all ur talk exposure in business only sits on being condescending and buying a luxury car.....

baba...u are talking of exposure yet u don't know that someone with a guaranteed 1.5million a month for life can actually access a 100million naira facility and still keep his 1.5million per month cash flow for life...

It's actually laughable that u are talking business and exposure....yet you are ignoring risk level.......in the world of business ur risk profile determines the level of business u can do and the level of business anyone will do with you

Which is why u don't understand that coscharis Motors will gladly give a person with guaranteed 1.5million for life a 50M naira benz without thinking twice because in this hypothetical scenario coscharis knows the person is liquid for life......while u can't even dare to buy a 50million car at once because half of ur capital is gone with no back up

It's the same reason Elon musk or Jeff is richer than Ronaldo.....yet Ronaldo likely has 500million dollars in cash sitting in his account and Elon doesn't....

From the start..I said 100M with a good idea business that would yield is great....but if not...u can't go wrong choosing 18.25 million for life...

Coscharis won't give you a 50m loan on a car, without tangible assets they attach you to. Loans work with assets. Except we're talking about your office car loan.

In this hypothetical scenario, your 50k daily ceases with a person's ceasession. Capital doesn't. It's like you having a lifetime job that pays you 50k daily. It may make you credit-worthy, but it would not guarantee you a significant loan, without assets. Do your findings on this.

Now, your major issue is fear of a 100m lump-sum can be lost. That's all your point revolves around. And I understand.

But the point remains that those who know the language of money would take risk with taking and investing 100m straight-up over and over again than settle for some monthly trickles.

It's okay to settle with 1.5m income for life, if that give you what you want. Not everyone likes business stress. It's okay! But the average business person with some exposure would go for the lump-sum. I, for one, see another 100m in that 100m in one year or so...

adekolaelect:
Laughing 😂😂😂😂😂 . Everything is level and prospects with life experiences. Can you tell me what that your saving plan is meant for if it ever become a successful one? Oga you need to grow in business orientations than this . I assumed this your conclusions look petty .

Lol. It's actually not petty. It's their worldview. They're scared that the money can go. And we should understand.

Any well exposed business person won't think twice before picking a lump-sum of 100m, except they are retiring from business.

immaculatesense:
I am a businessman and I am telling that regular daily 50k is in many ways better than 100M once.
I could grow my business with the daily 50k (1.5M monthly) and in twenty years I could be happier and more successful than the man with the 100M as of today, unless he is as smart or smarter than I am.
BRAVERY HAS LED A LOT INTO REGRET. WISDOM IS PROFITABLE TO INSTRUCT.

Thanks.

Did you know that virtually all of the self-made rich person you know took risks. Even many of those who inherited fortunes did. Are you aware?

Even many of these thriving igbo boys you see around are walking risks. They take crazy risks for a living!

It's okay not to take risks... Not everyone cares about building big businesses. And that's honestly fine!

But, take this to the bank. You can't do business in a big way without taking risks like taking 100m once over 1.5m per month for life.

damosky12:
Coscharis won't give you a 50m loan on a car, without tangible assets they attach you to. Loans work with assets. Except we're talking about your office car loan.

lol.. u are just contracting yourself.....a guaranteed source of 18.3M is already an asset ..that's what u don't get.....because what coscharis or any bank really care about in guarantee of refund.
Again.... with ur 100million u can't even dare to buy the car a person earning free 18.4 million will buy..because u will want to invest, keep some in risk free earnings and save some for emergency...

damosky12:
It may make you credit-worthy, but it would not guarantee you a significant loan, without assets. Do your findings on this.

I don't need to do my findings...I worked as a relationship manager in a bank during my NYSC back in 2018...and loans we gave loans to high earners easily based on their salary alone because they are credit worthy...many Exxon Mobil, Chevron staff are on 5-7 years credit facility ranging from 30-50million...all based on their salary

damosky12:
Now, your major issue is fear of a 100m lump-sum can be lost. That's all your point revolves around. And I understand.

no u don't understand .....I painted two narratives that supports that both scenarios ......but u are trying to make it look like it's not possible for someone to lose 100million in a business so 100million is the only way to go.....but it's actually happening to pple in real life on a norm.

Go read the history of lottery winners in the UK and US....the lottery companies always give them the choice of earning the money in bits for life(Or long period) or in lump sum....99% of those who choose lump sum, even with investments all ran bankrupt in 5 years with only the home they bough left..including jack Whittaker who won 314million dollars

damosky12:
But the point remains that those who know the language of money would take risk with taking and investing 100m straight-up over and over again than settle for some monthly trickles.

18.25 million/year or 1.5million per month is not trickles.... In real Nigerian world business, pple turning in 1.5million after all expense and tax without cutting corners are actually not doing bad....

damosky12:
But the average business person with some exposure would go for the lump-sum. I, for one, see another 100m in that 100m in one year or so...

real business men have both business running cost and paying taxes and also have risk free earnings ...so don't come to make risk free earnings look a bad decision

advanceDNA:
lol.. u are just contracting yourself.....a guaranteed source of 18.3M is already an asset ..that's what u don't get.....because what coscharis or any bank really care about in guarantee of refund.
Again.... with ur 100million u can't even dare to buy the car a person earning free 18.4 million will buy..because u will want to invest, keep some in risk free earnings and save some for emergency...

I don't need to do my findings...I worked as a relationship manager in a bank during my NYSC back in 2018...and loans we gave loans to high earners easily based on their salary alone because they are credit worthy...many Exxon Mobil, Chevron staff are on 5-7 years credit facility ranging from 30-50million...all based on their salary


no u don't understand .....I painted two narratives that supports that both scenarios ......but u are trying to make it look like it's not possible for someone to lose 100million in a business so 100million is the only way to go.....but it's actually happening to pple in real life on a norm.

Go read the history of lottery winners in the UK and US....the lottery companies always give them the choice of earning the money in bits for life(Or long period) or in lump sum....99% of those who choose lump sum, even with investments all ran bankrupt in 5 years with only the home they bough left..including jack Whittaker who won 314million dollars

18.25 million/year or 1.5million per month is not trickles.... In real Nigerian world business, pple turning in 1.5million after all expense and tax are actually not doing bad....

real business men have both business running cost and paying taxes and also have risk free earnings ...so don't come to make risk free earnings look a bad things....

All this essay to defend nothing. Apparently, you think 1.5m is money. Let's rest bro.

It's esoteric. You won't get it. One day, maybe.

damosky12:
All this essay to defend nothing. Apparently, you think 1.5m is money. Let's rest bro.

It's esoteric. You won't get it. One day, maybe.

Like I said ....u are just being condescending more than making a point

damosky12:
Did you know that virtually all of the self-made rich person you know took risks. Even many of those who inherited fortunes did. Are you aware?

Even many of these thriving igbo boys you see around are walking risks. They take crazy risks for a living!

It's okay not to take risks... Not everyone cares about building big businesses. And that's honestly fine!

But, take this to the bank. You can't do business in a big way without taking risks like taking 100m once over 1.5m per month for life.

Since we are in "Do you know?"
Do you know that more than 80% business started globally end up in disappointment?

Do you know that the 100Million has no assurance as do the 50k daily?

Do you know that just one wrong move could cost the whole 100M at once but one move cannot cost the daily 50k at once?

Do you know that Assurance is more important than Risk and Consistency than Bravery?

Thanks.

michlins:
100ml invested with a fortune 500 will pay better than 50k daily

A person who decided to take 50K a day will be better off in the long run because he needs just about 5.years to get a total payout of N100 million, after that any other thing is extra bonus

Kobicove:
A person who decided to take 50K a day will be better off in the long run because he needs just about 5.years to get a total payout of N100 million, after that any other thing is extra bonus

if I die tomorrow nko. Do you know how long I have to live

How about N1m daily vs N500m lump sum. With guarantee to live for as long as you want.