₦airaland Forum

victor175:
Hi. I buy from local market in cross river -Ikom, itam. Delta and Edo also have oil in abundance

Thanks for responding.

When do you think would be a good time to buy and store please?

Tinyemeka:
Thanks for responding.

When do you think would be a good time to buy and store please?

Feb/March is storage time

nnewsnjobs:
Good afternoon brother and happy new year to you and everyone.
Good to know that you finally made the decision to go the route of compounding approach to investment through TB, MMF and others.

I am currently in a similar situation like yours having half of what you had then (75m) with me right now. Having some thought of what to do with it.

Thinking of

1. Quitting my 8 to 5 job and starting a business. (Risk of starting a new business)
2. Starting a side business while still continuing my 8 to 5 job. (Risk of putting someone fully in charge of your business)
3. Investing in some promising start up and becoming part owner of the business. (Difficulty in seeing one and the guarantee of success)
4. Going the investment and compounding (MMF, TB) route while continuing my 8 to 5 job. (Very low ROI)

So I believe you must have started the investment already, how is it going?
What would you advise me in my situation, would you advise I go with option no. 4.

Guys which option do you think is the best for me in my situation.

Please note that the source of the money (75m) was just once, so don't tell me to continue with what gave me the money. My 8 to 5 job is also very reasonable and can comfortably solve my personal needs without any worries.

Its good you already know the prons and cons on every investment you wish to make. Compounding still remains the best with the lowest risk and also lowest ROI.

Well, I'm a startup founder of a fintech company with individual subsidiaries mainly in contactless POS (first of its kind), and mobile lending (existing and licensed) and both applications are done already. Well, in case you're interested, I'm seeking for funding preferably debt equity, and I'm open to giving you more details if you indicate interest, thank you!