osazee12:
At today rate, your 1 million is equivalent to $2,096. It means you have not even started. One small mistake and you are back to square 1.
1. Open a dom account, covert your money to USD and keep it in there so inflation wont wipe our the value.
2. Get a job or learn a business.
3. Further grow your savings.
4. Invest a portion of no 1. in a usd mutual fund.
5. Get someone experienced to mentor you in whatever career path you choose.
6. Dont leave your parents house until you have grown your net worth to at least $50k.

Can you please elaborate on point 4. I am interested. Thank you

PrettyPrint:
If 'face your life' means working harder and improving your life and earning more, then feel free to move out.


But if you only want to move out to get 'more freedom' or to get away from your parent's watchful eyes then you may be making a mistake

please what do you mean by the second paragraph, can you expatiate

Zzor:
i hate non virgin men,please go away mtcheww

so if d virgin boy no sabi do are u ready to teach him in za oza room?

you might not have a slight clue of what I can do to shut you out of this platform if you you ever sound unruly and nonchalant and mannerless,just know am keeping track of all your comments,you might not know the one you will say and you won't be opportuned to say another one

Poloyanabo2:

How old are you?
You sound under16.
No apologies...

So what's your own idea of big money for a 25year old.

Prechgold1180:
1m is just like 100,k

Small money

Do you mean 1mil Naira or Dollar because I am kinda confused Please be specific..

Stop calculating your money in Naira.. that’s why you’re proud

jmoore:
I read pages 1-3. And the poster failed to answer the question about how consistent is his earnings.

Better use the 1 million and get a land. Your parents have already given you the best advice.


"Freedom" is not an investment. Pack out? Are your parents pursuing you out of the house?

Totally agree. But I think he can divide the money into two. Use a part to procure land, that will appreciate over time. Then use the other part to invest in other business. You can do venture capitalism, if that works for you. Don't mind those devils asking you to pack out to get unnecessary freedom oo, they will be excited to hear about your "how I made a wrong decision" story in future.

Be wise.

Zzor:
Isnt it a good thing to be a virgin as a man? i wonder why you guys think it's falling of hands for a guy to be virgin,be a good boy and remain decent.I have been searching for a virgin husband to marry within the age bracket of 30-35,it seems to be in total extinction but I'm still hoping,so you should be proud of your virginity as man,its a pride for men also

biko no kee me with laugh

Zzor:
Thanks,have a good night rest

Wait is this rozz?

PrettyPrint:
If 'face your life' means working harder and improving your life and earning more, then feel free to move out.


But if you only want to move out to get 'more freedom' or to get away from your parent's watchful eyes then you may be making a mistake

it seems you were reading my mind for a second

kingemaker:
Im also 25, earn close to 4m annually net, and still live with my parents. At this point in my life, "freedom" is the least of my worries. Trying to build a very solid foundation for myself (career) first while I enjoy the free accommodation and feeding. Life will become easier for you bro. Think this through.

You get sense well well. I don't know why one will be thinking of unnecessarily upping the banking account of one landlord just because of "freedom" or the vain need to feel like a man when one could keep saving and making better investments.

engela7:
Your parents idea of acquiring a land is the best for you to do now since lands appreciate handsomely.
Just get the land in a very good site, in less than 2yrs from now you'll make double of the amount you paid for it.


You can contact me via 07046405099
I have so much to tell you.

Which location would you advice one to get land from? Like how much is a plot?

osazee12:
At today rate, your 1 million is equivalent to $2,096. It means you have not even started. One small mistake and you are back to square 1.
1. Open a dom account, covert your money to USD and keep it in there so inflation wont wipe our the value.
2. Get a job or learn a business.
3. Further grow your savings.
4. Invest a portion of no 1. in a usd mutual fund.
5. Get someone experienced to mentor you in whatever career path you choose.
6. Dont leave your parents house until you have grown your net worth to at least $50k.

Regarding the last part, he might never leave then.

CuteVally:
Lol i do not have a girlfriend. i am single. Staying with my parents has made me not to go into any serious relationship but that do mean i am still a virgin. lol

na wao..a 25 yr old man who has a job so his parents will still be raising eyebrows if he has a girlfriend? guy i dont want to beleive ur parents would be such sadists nau haba
if u are in school and chasing girls i would understand if ur parents are cautioning u..not when u already working.abi ur parents no want make u marry? if u no get girlfriend how u wan come marry? abi ur mom go arrange village girl for u as a wife? na dat line u wan go?
No normal parent would quarrel with their son if he is of age and has a girlfriend.Its like saying a parent would be beating their 28 yr old dauther cos she is dating.

jmoore:
I read pages 1-3. And the poster failed to answer the question about how consistent is his earnings.

Better use the 1 million and get a land. Your parents have already given you the best advice.


"Freedom" is not an investment. Pack out? Are your parents pursuing you out of the house?

Totally agree. But I think he can divide the money into two. Use a part to procure land, that will appreciate over time. Then use the other part to invest in other business. You can do venture capitalism, if that works for you. Don't mind those one asking you to pack out just for freedom sake, you will only be making your landlord richer. They will be excited to hear about your "how I made a wrong decision" story in future.

Be wise.

Op

Buy a land, you won't regret it. Talking from experience.

dan4oster120:
you might not have a slight clue of what I can do to shut you out of this platform if you you ever sound unruly and nonchalant and mannerless,just know am keeping track of all your comments,you might not know the one you will say and you won't be opportuned to say another one

I'm not sure if you're up to 16 but I'm very sure that this pu**sy you're simping for, you won't get it...
Zzor/rozz is an illusion, by the time your shrivelled di*ck calm down you'll be very ashamed of the way you've disgraced your non-existent self here.

Engaging with her will crash your stock.Press ignore button.

MrBrownJay1:


we are not on the same page, not even on the same book. you foolishly automatically thought that the OP SHOULD/MUST give away some of this money away to a woman, as if it is a requirement for dating, while i am telling him that he doesnt have to give anything to a woman, and even if he wants to do so, that should be HIS choice, and nobody else's.

we all know all your broke broken liabilities that will start to date a dude today, and next day you will start begging for Brazilian hair, transport fee, recharge card, school fees etc, as if the dude is your father and/or you suddenly realize you had to pay for these when you met that dude.

as for redpillers, they are as deluded as you are on this issue!

[img]https://media1./images/f8f7bde6b9e7dbaf0abc63d489157a71/tenor.gif[/img]

proclinician:
Haha at your age I had 3m still living with parents and taking it slowly. I won't advice that u buy a land and don't be too quick to move out. The most important thing is how do u continue to earn more money. This thought alone could lead u to starting a business and when you have bought the land or secures a apartment, how do u start the business then. At 25 u have a long way to go and throughout the journey, na money u need oo.

I approve this message 100%

CuteVally:
Good evening Nairalanders.

Please i need an advice on the next step i should take in life. I am a guy, 25 years of age and still living with my parents, though i am not jobless but recently my bank account just hit one million and 200 thousand naira.

So my parents are advising to buy a landed property in my home town that will take about 900 to 1 million naira. But the thing is that i am 25 and i feel at my age i should no longer be staying with my parents, so i want to rent a flat and furniture it to my taste, i feel it is time to move on, i need my freedom to finally face life like a man.

So my question is, should i purchase a landed property at 25 and continue living with my parents or pack out and start my Adult life. Note: i am not jobless".

How much rent per annum will you get on this property if you buy it?
What percentage of returns on your investment will that be and how that compares with the best interest on savings/fixed deposit you can get?
You better invest your money wisely (not in some vainglorious home town property that does not give the best yield vis-a-vis inherent risks) and stay with your parents as long as possible, until you want to marry sef.

critic and bad belle...read my � �I owe you no explanation of whatsoever....keep wasting your freaking time..� � � am with you all the way

Poloyanabo2:

I'm not sure if you're up to 16 but I'm very sure that this pu**sy you're simping for, you won't get it...
Zzor/rozz is an illusion, by the time your shrivelled di*ck calm down you'll be very ashamed of the way you've disgraced your non-existent self here.

[quote author=Turningmoon post=93038741]1 million may no be enough except you are sure of how you are going to use it. Depending on it may not be sustainable enough to keep you.

Good evening all. Please I'm a private school teacher with kids and a bedridden husband. Since the close down of schools due to the current pandemic, as a bread winner of the family, I didn't waste time to jump into trading by selling by the road. This is where I make daily bread for myself, my kids, aged mother and the sick hubby (I pray he gets back on his feet soon). Last week, a task force team against street trading came and went away with all my goods. They are asking me to pay N20,000 to get back my goods. Honestly, there's no such money anywhere in the family please. This has taken our daily bread away from us as nothing to eat again. Please I need your financial assistance to enable me get back my goods. Even if it's what can put food on our table as we have been seriously starving. Thanks and may God richly bless you.

098.100.1332
Ecobank
Name: A. U. (initials)

Sorry, I am not being incencitive. Convince me.

My guy take am slowly oh, if your source of income is legit then I will advice you to reinvest that money in other to yield more captial, well I can teach you how to make money through mini importation tho






Mini importation have turned many Nigerians into millionaires.
Imagine buying women's designer bags for 5000 naira and selling for 25000 naira.
That's pure 20k profit on one product
Just selling 5 of that bag will give you 100k.
Some products are very easy to sell compared to others
Things around weight loss, health, women's beauty, fashion, electronics, gadgets sells very well in Nigeria
I remember selling a 10 naira pink lips balm for 2000 naira.
I don't need to tell you how hot this product is �
The profits in this business is too much mehn

Chat me up on ZERO EIGHT ZERO 6-3-3-5-6-6-0-0 to Join the group

MrBrownJay1:
we are not on the same page, not even on the same book. you foolishly automatically thought that the OP SHOULD/MUST give away some of this money away to a woman, as if it is a requirement for dating, while i am telling him that he doesnt have to give anything to a woman, and even if he wants to do so, that should be HIS choice, and nobody else's.

we all know all your broke broken liabilities that will start to date a dude today, and next day you will start begging for Brazilian hair, transport fee, recharge card, school fees etc, as if the dude is your father and/or you suddenly realize you had to pay for these when you met that dude.

www.nairaland.com/attachments/2967307_image_jpeg9f360c5ab7736510df54c882e9dbf188


www.nairaland.com/attachments/4273539_fbimg1472991509128_jpega41416663f46d9694b9293059e01401c

Buy dollars when it is cheap and keep it. No go put ur money for real estate. N1m is even too small to buy any useful property in a good location

Prechgold1180:
1m is just like 100,k

Small money

1m is like 10 naira

Extremely small

.

CuteVally:
Thanks i will take this into consideraion.

OP, I will advice that you buy land first before moving out, unless you have a stable consistent income stream that can keep bringing you money.

Obey your parents, buy a plot of land and years down the road, that land will generate interest if you decide to sell it. Dont rent, I repeat, dont rent, you are simply throwing your money away.

CuteVally:
Good evening Nairalanders.

Please i need an advice on the next step i should take in life. I am a guy, 25 years of age and still living with my parents, though i am not jobless but recently my bank account just hit one million and 200 thousand naira.

So my parents are advising to buy a landed property in my home town that will take about 900 to 1 million naira. But the thing is that i am 25 and i feel at my age i should no longer be staying with my parents, so i want to rent a flat and furniture it to my taste, i feel it is time to move on, i need my freedom to finally face life like a man.

So my question is, should i purchase a landed property at 25 and continue living with my parents or pack out and start my Adult life. Note: i am not jobless".

Buy land bro!!!!

CuteVally:
Good evening Nairalanders.

Please i need an advice on thell living with my parents, though i am not jobless but ount just hit one million and 200 thousand naira.

So my parents are advising to buy a landed property in my home town that will take about 900 to 1 million naira. But the thing is that i am 25 and i feel at my age i should no longer be staying with my parents, so i want to rent a flat and furniture it to my taste, i feel it is time to move on, i need my freedom to finally face life like a man.

So my question is, should i purchase a landed property at 25 and continue living with my parents or pack out and start my Adult life. Note: i am not jobless".

If i were in your shoes i would invest the money and see it double they is nothing wrong with staying with your parents infact you are more secure with your parents than when you are alone but bear in mind that every decision you take has risk and you should be ready to face the consequence