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

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.

[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.

To each his own

Many ways lead to the market

mansakhalifa:


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.

Congrats