DicklyD:


Your reasons please

It often ends in regret. And you will not break even not to talk of making profit.

The car gets abused, maintenance and parts replacement are expensive, Drivers are never truthful or trustworthy. Mechanic will ruin the car even more with their trial and error style of professionalism.

The business is predatory and parasitic in nature, And this starts from the Ehailing app company to the drivers down to the riders.

[quote author=Easyincome24 post=97242565]
You do account management please send me an email let me invest in you judeashi1@gmail.com

Easyincome24:
If you are a real investor, no doubt you would have made some silly mistakes that really did affect you previously.

As an investor, you are definitely staking your money to get return on investment (ROI) but in the cause of doing this, you had fallen into some scams, unrecoverable risk or loss.

Going into year 2021, what are some investment mistakes you want to avoid?


This thread may help others from falling into the same ditch. Your experience may just be what someone else needs out there.

Kindly let your response follow this particular order (you may be creative with it though):

#1 Type of investment
#2 Period/ year of investment
#3 Cost or capital involved
#4 Risk involved
#5 Lesson learnt
#6 Advice
#7 Current investment status

Let's roll on, this sure is going to be educating.

1. Fixed match and 2 odds
2. 2 weeks
3. 20k
4. Sheffield Utd winning Liverpool
5. Nothing like fixed match on Facebook, Instagram or Telegram.
6. Play your mind.
7. Till next year.

totosucker:
D W Arerben

What are your challenges?

NOBLE179:
don't fall prey to all these online scammers promising to double your investment in 45mins. how on earth do you believe them. two of my friends were scammed through this medium this yea. 150k and 20k respectively.
don't fall to that. any online investment platform that promise above 20% return on investment per month, don't go there.

I think greed is the root of people being scammed.

After MMM and Co and I don't expect a reasonable man or woman to venture into any get rich quick scheme again.

ROI of 20% monthly?
That's absurd

Those shouting Chymall Chymall, it shows you don't even know what you are into.
Chymall is not an investment platform, it's an e-commerce business where you buy and sell quantum health products.

Osas4lav:
Safest investment is sth you can touch and also liquidate at will, 2015/16 was when i lost a lot of money to trading, crypto, bet9ja and all that. They pay but you have to be disciplined. Abeg bet9ja no dey pay, u win 1 the excitement wud make u loose 3. Sotay i come know states for different countries as i play reach, that's the only thing i gained. I totally ended it and i realized i was better off

made 250k plus in a week and I lost almost everything due to greed, at a point I observed it made me broke than I used to be. Betting stopped, money doubling eg Rackstaling etc stopped.

The best way to save money from betting is investing the money in something one can easily liquidate. If you have the cash at hand omo u go broke las las

TrueTalk11:
I lost over #300k to 2x bitcoin doubler.
Lesson learnt, if you hear double your bitcoin in 24 , 48 hrs etc. Run and don't look back.

Sorry for your loss bro.


I know it is another HYIP but which site is that? Were you able to cash out some of your investment?

Never make full payment or substantial payment before work done


IJMB Registration is still on till 31st of December, check my signature to register to secure University Admission without UTME into 200level

SaiRuiMall:
Those shouting Chymall Chymall, it shows you don't even know what you are into.
Chymall is not an investment platform, it's an e-commerce business where you buy and sell quantum health products.

So what do you use in buying the quantum product, is it not money? If one can use up to a million naira to buy and sell products, is that not business investment?

returncole:
Forex trading
Synthetic indices
I lost 490k
I haven't recovered till now

All my savings 600k, not almost went mad, I really went mad... tried suicide but drug overdose no work, thank God I'm still alive, still haven't recovered till now, still empty

Fibonacci88:

Don't ever trade synthetic indices. It's like virtual in football betting. I lost over $1k in less than 2months in 2019. But I can tell u I learnt from my mistake and in 2020 forex paid lot of bills. Bottom line go back to the drawing board and learn to trade d right way.

can I get some advice from you..

A trusted friend of mine wants to help me trade on forex, he wants to use a naira account we are looking at a profit of 7k naira max on a daily with 100k. Do you know anything about naira account and the risk involved? Enlighten me.

Managed to save #70k while in sch for 1yr and I lost it all to so called forex and crypto trading companies..now I know better, started from scratch again and I've started learning abt trading under the tutelage of my trader friends

King44:
can I get some advice from you..

A trusted friend of mine wants to help me trade on forex, he wants to use a naira account we are looking at a profit of 7k naira max on a daily with 100k. Do you know anything about naira account and the risk involved? Enlighten me.

You will lose your money and you will lose your friendship.

OmodavidoX:
What good investment can on invest 700k in

learn about palm oil, you would get your ROI in four months very reliable. #1,120,000 (your profit and capital included) 420,000 would be your profit in 4 months... or #653k depending market forces. There are other things you can also do to make more because oil is seasonal but patience is key... Cassava etc mainly agriculture.

Chimaokigwe:


You will lose your money and you will lose your friendship.

wow, thanks. I am going back to palm oil, thanks.

LACK OF FINANCIAL EDUCATION is one of the reasons people keep making investment mistakes

Financial Education is the ability to understand how money works. The ability to make sound financial decisions. Unfortunately, most Nigerian graduates and non graduates alike don't have the basic knowledge of finance and the nature of money.

Another reason is GREED!

Meme16:


I have never done any form of online investment, I do more of buying and selling but a friend has been on my neck to invest with Quintessential investment company and and get 25% Roi. pls folks,how genuine is this company. your sincere advice is welcomed. thanks

run for ur life

I was too scared to take risks and missed out on a lot of opportunities. I left my investment capital in a money market fund earning 5% p.a.. Imagine!

But I received sense in July and diversified: US stocks (mostly blue chip), real estate and a fixed income fund.

I also missed out on a particular company, palintir, found them when their stocks were about $8 but I didn't buy and they've more than doubled.

Next year, I'm focusing on increasing my knowledge about companies, how they're valued, stocks, etc. Venture capitalism is calling my name but I need to start getting the knowledge now.

Las las it was a good year investment wise, these last 6 months made up for the losses (due to inflation) of the first half of the year.

chnnmfl:
LACK OF FINANCIAL EDUCATION is one of the reasons people keep making investment mistakes

Financial Education is the ability to understand how money works. The ability to make sound financial decisions. Unfortunately, most Nigerian graduates and non graduates alike don't have the basic knowledge of finance and the nature of money.

Another reason is GREED!

Honestly! And trying to teach them is hellish. Tell them about investment is a ponzi and you're a witch, tell them they need to budget and track their expenses and you're trying to stop them from living their best lives. Na wa.

Venturing into football business, The moment you get the player to the limelight, the Sisters, brothers, father, mother, Uncles, in-laws and family friends will all become football Agents and Managers overnight. And you will see what you have sold your blood to invest in, just vanish within a twinkling of an eye, this is why Nigeria has not been able to replace the likes of Okocha, Kanu, Ikpeba, Finidi, Rashidi Yekini etc, because most of Nigeria players are under course, 90% will never go far because they have wronged one person or the other

investing in an online forex investment
binary option

I lost more than 500k excluding the one I borrowed from a friend chaiii.(the money hustled for and planned to use to establish after graduation) now I have graduated and money is gone.... I swear I never recovered till now and even still in debt

only God can have mercy on me now

all HOPE not lost

Ryan03:
p!ggyve`st offers 8% per month

Per annum brother

A305:
It often ends in regret. And you will not break even not to talk of making profit.

The car gets abused, maintenance and parts replacement are expensive, Drivers are never truthful or trustworthy. Mechanic will ruin the car even more with their trial and error style of professionalism.

The business is predatory and parasitic in nature, And this starts from the Ehailing app company to the drivers down to the riders.

Any personal experience?

Not investing but rather leaving my money for the bank

prince2pac:


All my savings 600k, not almost went mad, I really went mad... tried suicide but drug overdose no work, thank God I'm still alive, still haven't recovered till now, still empty

���

Ogbotobo77:
Managed to save #70k while in sch for 1yr and I lost it all to so called forex and crypto trading companies..now I know better, started from scratch again and I've started learning abt trading under the tutelage of my trader friends

Will come read later

GIANTPLUSHUB:
Let me pitch my tent here. MBA investors and some digital agriculture investors lamentations go full this thread.

Please, explain the digital agriculture stuff

neighbourhud:



Please, explain the digital agriculture stuff

Here's the thread below. Please, this is not an act of endorsing anything to you. Just showing you the thread ni oooo!

https://www.nairaland.com/5358517/digital-agriculture-investment-platforms-options/456

BEHEST:
Pls expanciate on that CFX. Any link to their site, or know anyone who's traded with them? I'm interested. Thanks

Call me on 08068500219! Been with fx cash for 6 months now, I could adequately put you tru