Invest Or Save? - Investment - Nairaland
Nairaland Forum › Nairaland General › Investment › Invest Or Save? (1379 Views)
| Invest Or Save? by MansaMoussa(op): 11:44am On Nov 15, 2015 |
Good day NLers, I am a a young man with a decent job...not too much, but takes care of basic needs... I have saved a token, but the lack of economic direction of this new govt is confusing me... Inflation is killing the value of my money in the bank, the few businesses I tried to make enquiries about seem to be in difficulty and businessmen are telling me these are hard times for them too...i'm kinda confused...some say I should wait till January when the economy gets a direction, but the way things are going, I don't know waht the value would be like in Jan! Pls advise? What is the best in this circumstance! Thank you! No political discussion pls! Strictly economical! |
| Re: Invest Or Save? by Nobody: 11:58am On Nov 15, 2015 |
Buy gold jewelleries and keep Sell later when d economy has direction Dat wat way u won't lose ur savings to inflation |
| Re: Invest Or Save? by yomi007k(m): 12:25pm On Nov 15, 2015 |
Guy wait till January ooo.. Nothing is straight for now. Unless una get some kind under G tins |
| Re: Invest Or Save? by MansaMoussa(op): 1:31pm On Nov 15, 2015 |
commitcrime:Thanks oh! Hut I tried the Jewelry thing between 2007 and 2011 and I lost quite some money also..for example: i sold some pieces I bought for 15k in 2007 went for about 9k in 2011..overall I lost about 25% on my investment! That was the same period our stock market crashed! I think i'll wait till January, but the inflation no be small thing oh! Make I wait am out sha! |
| Re: Invest Or Save? by Nobody: 3:32pm On Nov 15, 2015 |
MansaMoussa:Instead of leaving the money in your account idle, register for 3 months t.bills next week auction. No risk |
| Re: Invest Or Save? by MansaMoussa(op): 9:18pm On Nov 15, 2015 |
Royal155:Makes sense..tnx loads |
| Re: Invest Or Save? by mastertunji(m): 8:58pm On Nov 27, 2015 |
Can u trade Binary, making cool cash in ur bank account? |
| Re: Invest Or Save? by Greenlandncom(m): 10:57pm On Nov 28, 2015*. Modified: 10:40am On Jan 19, 2025 |
MansaMoussa:If you will like to invest, let's talk! . I will give you 10% interest rate monthly! |
| Re: Invest Or Save? by Edidiong21: 9:24am On Nov 30, 2015 |
BUY LANDS IT DOES NOT DEPRECIATE. CALL ME 08037748273 08054580244 EDIDIONG. FOR MORE ADVISE. |
| Re: Invest Or Save? by 7footre(m): 5:30pm On Dec 01, 2015 |
Why not simply convert your money to dollars or pounds? I think you stand to gain a lot by doing so |
| Re: Invest Or Save? by Nobody: 7:59pm On Dec 01, 2015 |
7footre:i can't advice him to buy dollars or pounds especially now that our economy is in a bad shape or should I call it bad rhythm. My advice is for him to save that money in a diamond bank account, wait till January & see if the federal Government can implemente a policy to help the economy. Thanks You! |
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