₦airaland Forum

Should I use my 7 million to buy mini bus or I should buy Treasury bill please
I need urgent advice please

If you know you won't be able to wake up every morning and hit the road with your mini bus then do not buy it

Why not try to look beyond these two

Transport is stressful


Just do fixed deposit in renmoney or any digital bank.

You can get up to 22% per annum

That's about 120k per month guaranteed. No stress

quadraheem:
Why not try to look beyond these two

I don't want to risk that money is all I gat for now life knocked me down and that's my life savings

Hop3:
If you know you won't be able to wake up every morning and hit the road with your mini bus then do not buy it

I can I am a real hustler nobody day for me only me I have a plan after two years I will travel out I made my calculation 25k savings everyday I won't be working on Sundays

neutralmind:
Transport is stressful


Just do fixed deposit in renmoney or any digital bank.

You can get up to 22% per annum

That's about 120k per month guaranteed. No stress

120k can't feed me in a month sir that's just where the problem is.
I thought Treasury bill is 25 percent in 91days,that's 900k in 3 months or what I saw online is not correct please can you explain to me sir

Interest rate is usually per annum. The actual return using your assumed rate for 91 days will be 1/4 of the annual return, less 10% for FG. Also, 25% is ambitious. 15.6% to 16.5% is more realistic for TB.

Roseodd:
120k can't feed me in a month sir that's just where the problem is.
I thought Treasury bill is 25 percent in 91days,that's 900k in 3 months or what I saw online is not correct please can you explain to me sir

Roseodd:
120k can't feed me in a month sir that's just where the problem is.
I thought Treasury bill is 25 percent in 91days,that's 900k in 3 months or what I saw online is not correct please can you explain to me sir

No treasury bill will give u 25% it is around 15-16% which is around 80k/90k monthly on your capital & your money will be locked. It is best to get mini bus if u will be riding yourself. It is not even comparable to treasury bill. With mini bus u can cater for your family, pay rent & finance your daily affairs. Even with a 15m capital on treasury bill, u can't get more than 160k a month.

Use am play arsenal to lift UCL na confirm 2 odd

Bluearrow:
No treasury bill will give u 25% it is around 15-16% which is around 80k/90k monthly on your capital & your money will be locked. It is best to get mini bus if u will be riding yourself. It is not even comparable to treasury bill. With mini bus u can cater for your family, pay rent & finance your daily affairs. Even with a 15m capital on treasury bill, u can't get more than 160k a month.

Thank you very much boss my plan is too save for 2 years and move out of the country by then I will be 32 years, hustle for like 5 years and marry,I want to escape poverty with all my life that's why I will marry late,owu is a very baaaaaaad thing,I made a lot of money up to to 40million but I gambled everything away

Seunpapa65:
Use am play arsenal to lift UCL na confirm 2 odd

Use your family property to do that sir.

Bluearrow:
No treasury bill will give u 25% it is around 15-16% which is around 80k/90k monthly on your capital & your money will be locked. It is best to get mini bus if u will be riding yourself. It is not even comparable to treasury bill. With mini bus u can cater for your family, pay rent & finance your daily affairs. Even with a 15m capital on treasury bill, u can't get more than 160k a month.

I skipped process inside the 40 million I was able to pull a structure which I sold 8 million because it was distressed sales,I spent 12 million on the structure but sold it for 8 million,I went broke so I had to sell it,but never going back to gambling again, 8 months now I didn't play anything gamble,I gave my father 1million I am Left with 7million,I will bounce back I believe
If I can save 25k every week,in a month that's 600k,in two years I will be out of shithole called country

Bluearrow:
No treasury bill will give u 25% it is around 15-16% which is around 80k/90k monthly on your capital & your money will be locked. It is best to get mini bus if u will be riding yourself. It is not even comparable to treasury bill. With mini bus u can cater for your family, pay rent & finance your daily affairs. Even with a 15m capital on treasury bill, u can't get more than 160k a month.

Thank you sir for the better explanation

Roseodd:
Thank you very much boss my plan is too save for 2 years and move out of the country by then I will be 32 years, hustle for like 5 years and marry,I want to escape poverty with all my life that's why I will marry late,owu is a very baaaaaaad thing,I made a lot of money up to to 40million but I gambled everything away

This is a very good plan if u can stick to it
Although challenges will come along the way, but if u are determined u will succeed. 37yrs is still very ok for a man to marry. I do not encourage men rushing into marriage, marrying early is good but financial stability is very important as well. A family man without a reliable financial plan may end up living a miserable life. If by age 37-39 things are not working out, only then I can advise a man to get married regardless of his finances.

Sorry about your experience, I can see u are being very careful this time around. We have all lost money at some point, it is part of experience. If u don't mind, what kind of investment made u lose that amount, others can learn too.

Bluearrow:
This is a very good plan if u can stick to it
Although challenges will come along the way, but if u are determined u will succeed. 37yrs is still very ok for a man to marry. I do not encourage men rushing into marriage, marrying early is good but financial stability is very important as well. A family man without a reliable financial plan may end up living a miserable life. If by age 37-39 things are not working out, only then I can advise a man to get married regardless of his finances.

Sorry about your experience, I can see u are being very careful this time around. We have all lost money at some point, it is part of experience. If u don't mind, what kind of investment made u lose that amount, others can learn too.

God bless you sir,I really appreciate your words of encouragement 🤲🤲🤲
I am ashamed to even tell someone or anybody how I lost 40 million naira last year.
I was gambling,I gambled everything away I was onto online and offline gambling

Roseodd:
God bless you sir,I really appreciate your words of encouragement 🤲🤲🤲
I am ashamed to even tell someone or anybody how I lost 40 million naira last year.
I was gambling,I gambled everything away I was onto online and offline gambling

Most of us have also lost money to gambling in the past. There was a day I played one particular type of selection on sporty bet, I selected many games with the option of if few wins, I win the bet, the few I selected still didn't win, it was that day I realized one can't make out anything from gambling. It has been designed to make people lose their money.

Bluearrow:
Most of us have also lost money to gambling in the past. There was a day I played one particular type of selection on sporty bet, I selected many games with the option of if few wins, I win the bet, the few I selected still didn't win, it was that day I realized one can't make out anything from gambling. It has been designed to make people lose their money.

You are correct boss,I lost everything I hustle to gather,sold my two plots of land and gamble all the money away,all the money I made last year I played every,I am never going back again,if it was before this 8million I sold my house would have finished by now,but I thank God I just deactivated all my online accounts,and I bought small solar so I won't even go to the shop if NEPA doesn't bring light.
I thank God for everything though,I will get everything back I believe,as long as I am alive,I will make everything black in 100 folds
Gambling make a man to remain in poverty forever

Roseodd:
I skipped process inside the 40 million I was able to pull a structure which I sold 8 million because it was distressed sales,I spent 12 million on the structure but sold it for 8 million,I went broke so I had to sell it,but never going back to gambling again, 8 months now I didn't play anything gamble,I gave my father 1million I am Left with 7million,I will bounce back I believe
If I can save 25k every week,in a month that's 600k,in two years I will be out of shithole called country

When u start making real money in Nigeria,u will never want to leave Nigeria. I bet u.

Just lay out ur plans well and follow it with undiluted determination and u will thank ur yourself.

I wish u all the best.

[quote author=Roseodd post=139542894]Thank you very much boss my plan is too save for 2 years and move out of the country by then I will be 32 years, hustle for like 5 years and marry,I want to escape poverty with all my life that's why I will marry late,owu is a very baaaaaaad thing,I made a lot of money up to to 40million but I gambled everything away [/quote

Open a betja shop and double that money I 7 months.

[quote author=Yungmil post=139544807][/quote]He's trying to avoid betting and our asking him to start the business that wrecked him.

Wouldn't he relapse?

thats a bad advise for a gambler. he will gamble the capital away. i will advise him to either lock the cash in treasury bills or he should go into transportation. Transportation is profitable if you are the one driving it yourself. You just have to be determined to succeed, because police and agbero will test your patience. Am also considering transportation business if the capital for the toyota hiace bus is ready. I prefer interstate transport than intr city transport. Although, this insecurity is another thing.

Last and early this year, i lost alot of my money to gambling on sportybet. Sports betting has changed alot. Its now a business for the elite, and club management. I stopped gambling this February, it was a bad expereince for me. Pre 2016, i usually win big in bet9ja, steady cashouts on weekends, until the whole thing became harder. I pity people who still gamble. I am happy i realised how bad it is very early just like you. AMm also in your age range. Lets all change for the better, gambling ruins the lives of promising men. If i had been saving for the past 3 years, would have bought a fairly used bus by this year ending. Need to start all over again. I usually lock my xcess cash immmediately on OPAY for a year. It has helped me a lot.[quote author=Yungmil post=139544807][/quote]

Livegamesonly:
Am also considering transportation business if the capital for the toyota hiace bus is ready. I prefer interstate transport than intr city transport. Although, this insecurity is another thing.

If not because of this insecurity of a thing, interstate transport is a very good business. You don't even need toyota hiace, Siena will also serve. The only problem is this insecurity of a thing, it is out of control now. This is why I'm unhappy with this government, under Goodluck & Buhari the problem was lack of jobs, insecurity was there but less of a concern. But this current government, people can't even move to fend for themselves anymore. Everyone is just living in fear, people can't travel anymore & it is affecting interstate transport business owners. Airports are the ones benefiting from this, because everyone is now forced to use flight. It is a very terrible situation we found ourselves in.

Roseodd:
Use your family property to do that sir.

This is a good answer

seriously said boss. This insecurity of a thing is so draining. An uncle of mine stopped going to the east and ss states because of insecurity. he has been shuttling lagos to ibadan to sagamu to abeokuta to iijebu ode. he said those routes are shorter but safer than going long distance with high security threats.

Bluearrow:
If not because of this insecurity of a thing, interstate transport is a very good business. You don't even need toyota hiace, Siena will also serve. The only problem is this insecurity of a thing, it is out of control now. This is why I'm unhappy with this government, under Goodluck & Buhari the problem was lack of jobs, insecurity was there but less of a concern. But this current government, people can't even move to fend for themselves anymore. Everyone is just living in fear, people can't travel anymore & it is affecting interstate transport business owners. Airport is the one benefiting from this, because everyone is now forced to use flight. It is a very terrible situation we found ourselves in.

Roseodd:
120k can't feed me in a month sir that's just where the problem is.
I thought Treasury bill is 25 percent in 91days,that's 900k in 3 months or what I saw online is not correct please can you explain to me sir

Interest rate is usually per annum not every 3 months

Roseodd:
120k can't feed me in a month sir that's just where the problem is.
I thought Treasury bill is 25 percent in 91days,that's 900k in 3 months or what I saw online is not correct please can you explain to me sir

Hmm u mean 120k can't feed only u a month
When am here surviving with 20k a month as i don't have a job yet.

Livegamesonly:
thats a bad advise for a gambler. he will gamble the capital away. i will advise him to either lock the cash in treasury bills or he should go into transportation. Transportation is profitable if you are the one driving it yourself. You just have to be determined to succeed, because police and agbero will test your patience. Am also considering transportation business if the capital for the toyota hiace bus is ready. I prefer interstate transport than intr city transport. Although, this insecurity is another thing.

Last and early this year, i lost alot of my money to gambling on sportybet. Sports betting has changed alot. Its now a business for the elite, and club management. I stopped gambling this February, it was a bad expereince for me. Pre 2016, i usually win big in bet9ja, steady cashouts on weekends, until the whole thing became harder. I pity people who still gamble. I am happy i realised how bad it is very early just like you. AMm also in your age range. Lets all change for the better, gambling ruins the lives of promising men. If i had been saving for the past 3 years, would have bought a fairly used bus by this year ending. Need to start all over again. I usually lock my xcess cash immmediately on OPAY for a year. It has helped me a lot.

Gambling is the easiest way to poverty.
Alot of people are hooked on this satanic thing called gambling.
I made over 40 million last year, nothing to show off for I thank God for life I will get everything back in no time by God's grace

Rrchrd:
Hmm u mean 120k can't feed only u a month
When am here surviving with 20k a month as i don't have a job yet.

I am a big man that go on 1 million budget a month, gambling caused everything I am passing through now

Roseodd:
Gambling is the easiest way to poverty.
Alot of people are hooked on this satanic thing called gambling.
I made over 40 million last year, nothing to show off for I thank God for life I will get everything back in no time by God's grace

The problem with gamblers is that they don't know when to stop when they have a long winning streak but the fact is that nothing lasts forever