₦airaland Forum

PulaPower:
Bitcoin..

In that 2014, Btc was around $40k or so..

Today, it’s almost $100k or so..

mocochannel:
In 2014, Many of us ignored investing because we don't know what to invest in.

Now we’re asking again:

What investment do you think we should invest in so we don't regret it 10 years from now?

SpencerForbes:
If you want assets that are constantly growing and rarely drop in value, the answer is simple: Land or Gold.

I call them generational wealth builders . Just look at the math: a plot bought for ₦1 million three years ago will surely not sell for less than ₦2 million or ₦3 million now. That’s the kind of appreciation you want.

SpencerForbes:
If you want assets that are constantly growing and rarely drop in value, the answer is simple: Land or Gold.

I call them generational wealth builders . Just look at the math: a plot bought for ₦1 million three years ago will surely not sell for less than ₦2 million or ₦3 million now. That’s the kind of appreciation you want.

haggai247:
Invest in Nigeria are you a joker?
Make I hear say person work money say na for here him wan invest.

The only risk free investment now is drug sex religion and politics.

And banditry since the govt made it lucrative.

Abadonians continue

SpencerForbes:
If you want assets that are constantly growing and rarely drop in value, the answer is simple: Land or Gold.

I call them generational wealth builders . Just look at the math: a plot bought for ₦1 million three years ago will surely not sell for less than ₦2 million or ₦3 million now. That’s the kind of appreciation you want.

Benlight:
The Right Information is priceless.
It should be AI. The richest men right now are investing heavily in it. Pick a part of AI and learn about it very well and if you have money, invest in reliable AI stocks. Thank me later.

SpencerForbes:
Do you research. It an appreciating investment when stored for long term when measured against fiat currency. It’s a store of value but it also plays a role of an appreciating investment with time.

PulaPower:
Bitcoin..

In that 2014, Btc was around $40k or so..

Today, it’s almost $100k or so..

franchasofficia:
Investing in landed properties in Nigeria is no longer a secure investment for the future, especially in Lagos state and some part of Abuja, all thanks to our unreliable, tribalist politicians.


Gold maybe okay if you can store it safely.

VanuatuWycombe:
Off topic, please.

Is it only me that my Nairaland background themes changed to green color? @seun osewa

SpencerForbes:
If you want assets that are constantly growing and rarely drop in value, the answer is simple: Land or Gold.

I call them generational wealth builders . Just look at the math: a plot bought for ₦1 million three years ago will surely not sell for less than ₦2 million or ₦3 million now. That’s the kind of appreciation you want.

Benlight:
The Right Information is priceless.
It should be AI. The richest men right now are investing heavily in it. Pick a part of AI and learn about it very well and if you have money, invest in reliable AI stocks. Thank me later.

Gracefilled01:
But the value of 3 million naira now is way less than 1 million naira 3 years ago. Hence, there's no ROI on the land. The only good thing is, if the land hadn't been procured that time, the money would have been long spent and forgotten.

markidoo:
Buy Crypto especially the Pi coin,, it has shown it's bear market resistance

SpencerForbes:
If you want assets that are constantly growing and rarely drop in value, the answer is simple: Land or Gold.

I call them generational wealth builders . Just look at the math: a plot bought for ₦1 million three years ago will surely not sell for less than ₦2 million or ₦3 million now. That’s the kind of appreciation you want.

Godfullsam:
The value of 800k 10yrs ago is almost more than the value of 5m today in terms of purchasing power.

Morenikeji090:
This is knowledgeable motion this person brought up now instead of many people to come up with wisdom and knowledge one another you won’t see them commenting on this now if it’s about abusing tinubu now typing rubbish up and down you will see those wack people with many of their thinking…. Come out now and learn weak people….

tommy589:
You are wrong on the ROI even if we go by dollar value.
A property purchased 10,000 dollars in 2012 at black market rate of 612 Naira is worth not less than ×4 the Naira rate now at 1,462 to a dollar. It is over 50% dollar returns on investment.
For decades I have done this.The prevalent hardship has make it more lucrative where property owners that bought in few thousands are now selling in millions.
Property investment has very good returns. But never invest if you don't have the time and on the job training to conduct assessment

Gracefilled01:
I will send you a DM once I'm ready🤗

CyracksMrBlogger:
but we spend in naira here, not in dollar.

CyracksMrBlogger:
you can't give what you don't have. Most of them here are full of hate and empty, poor with anger towards the rich

SpencerForbes:
If you want assets that are constantly growing and rarely drop in value, the answer is simple: Land or Gold.

I call them generational wealth builders . Just look at the math: a plot bought for ₦1 million three years ago will surely not sell for less than ₦2 million or ₦3 million now. That’s the kind of appreciation you want.

Onegai:
Henrimoto and SatoshiX

Please, apart from Lagos state, what other states would you recommend to look to for land investment?

Surely other places may be coming up

pocohantas:
It is good Nigerian youths are waking up and asking the right questions.

1) Gold must appreciate. 18kt and above only please. Ensure it is original and don't buy the one with design because when you want to sell, they take off the designs and weigh only the gold.

2) You can try any money market fund. Most banks offer them and you can handle it yourself remotely through apps like Bamboo, Afriinvestor 2.0 and Optimum. I heard Cowrywise does it too, but I am not used to its UI, so I abandoned the app. Keep compounding your money (i.e) don't pull out your interest.

3) Land. Sha no buy land for weird places. If you see where get prospects, you go know. If you have a stable income, put 3 rooms on top and commot hand. Don't be pressured to build duplex and you will na be building it for 25yrs, yet the house no go ever complete. With a property of your own, you have knocked out rent in your retirement. I always thank God my parents built houses in their youth. I cannot imagine paying millions on rent in Lagos or anywhere.


4) Stocks. When your bank starts selling, they will definitely let customers know. Focus on market leaders in different sectors.

5) Some people say agriculture. I don't know of this, but I know someone who inherited his late father's palm tree plantation and he is balling. They have a palm oil mill and every byproduct of it is useful. Palm kernel is used for palm kernel oil and the shell is also used for what I don't know.