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Nairaland Forum / Nairaland / General / Investment / Joe Abah: How Will You Invest #10M Before The End Of Jan.2021? (445 Views)
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Joe Abah: How Will You Invest #10M Before The End Of Jan.2021? by Easyincome24: 10:55am On Dec 21, 2020 |
Dr Joe Abah, a political economist with the twitter handle @DrJoeAbah set the twitter on fire with a captivating question bothering on investment. The caption read in part, " A rich relative has just passed on and you have inherited #10 million. However, his will says that you must invest the money before the end of January 2021. What will you invest it in? " He further explained with a clause with the following options: A. land in Abuja or Lagos B. Mini grid/ refinery C. 1 Bitcoin D. Shares (If your option is not here, please say what you'll invest it in and help retweet) This has generated a lot of comments and retweets from people who logically and illogically opt in for their preferred options. Now over to you for your options. Source:https://twitter.com/DrJoeAbah/status/1340586507774681094
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Re: Joe Abah: How Will You Invest #10M Before The End Of Jan.2021? by Easyincome24: 10:57am On Dec 21, 2020 |
Real Estate vs Bitcoin |
Re: Joe Abah: How Will You Invest #10M Before The End Of Jan.2021? by Nobody: 1:07pm On Dec 21, 2020 |
Who are those people pushing cryptocurrency as an option there?? I hope they know what they are doing? Stocks are a far better option than those things. Just spread the funds out and don't put it all on companies listed on the NSE. 2 Likes |
Re: Joe Abah: How Will You Invest #10M Before The End Of Jan.2021? by Easyincome24: 2:38pm On Dec 21, 2020 |
mansakhalifa: |
Re: Joe Abah: How Will You Invest #10M Before The End Of Jan.2021? by Nobody: 7:58pm On Dec 21, 2020 |
[quote author=Easyincome24 post=97293053][/quote] I always feel uneasy about any sort of investment vehicle that I am not so sure of and cryptocurrencies fall sharply into that category. As far as I am concerned, it shouldn't even be part of the options. Yeah, we've seen bitcoins rise astronomically sometimes and all that but I remain skeptical about cryptocurrencies in general. A lot of them look like scams to me and there has to be as many as 400+ out there. For now, all my savings go to Mutual funds. Next year, I hope to grow enough confidence and take up stocks. But then, I will definitely be spreading out my investments in such a way that I would not have to put them all in stocks traded on the NSE. I am currently looking at a couple of investment apps that can help me venture into other exchanges around the world. Exploring the possibilities. People need to start thinking faster when it comes to investing. A lot of these cryptocurrencies sound like quick fixes to me and as far as I am concerned, in real, proper investment settings, there can be no quick fixes lest, you run the risk of losing your bucks. 1 Like |
Re: Joe Abah: How Will You Invest #10M Before The End Of Jan.2021? by Tenshades(m): 10:46pm On Dec 21, 2020 |
To each his own Many ways lead to the market |
Re: Joe Abah: How Will You Invest #10M Before The End Of Jan.2021? by Tenshades(m): 10:51pm On Dec 21, 2020 |
mansakhalifa: Congrats 1 Like |
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