₦airaland Forum

QuinModah:
I didn't invest a dime but warned them after my cousin's 3m went into thing air with 4 agritech, she is still crying

QuinModah:
100k with inflation at 16%

emmanuelewumi:
A company does it for most of the microfinance banks in Lagos, you can do a Google search.

You can also sent someone to verify the information filled by the prospective tenant in the Know Your Tenant form

Lazyyouth4u:
It doesn’t take a genius to predict that one or two of these fintech ‘asset managers’ will go bust in the near future. Na that time all man eyes go clear.

The way they operate makes them very susceptible to a downturn in market conditions. Especially when they start investing money directly in the markets.

seyisanya:
Rental property and its inherent wahala. Please, invest in REITs and get your regular annual rent without stress. Imagine, you have to buy drinks for area boys. Which kind wahala b dis?

NL1960:
Which inflation in the village?. Does inflation affect palmwine, bush meat, akamu, akara wen dem make with firewood from the forest, fish from the river, accommodation in the family house, local fowl wen dey waka for compound, local goat wen dey waka for compound etc.

Btw, what is the price of a basket of tomatoes in Lagos and a village in Kano?.

yazga:
Stocks are fine but it depends on you, are you risk averse investor-an investor who prefers lower returns with known risks rather than higher returns with unknown risks. or risk lover is a person who is willing to take more risks while investing in order to earn higher returns. I advise you follow Nigeria Stock market Pick Alert thread https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick or US stocks market pick Alert thread https://www.nairaland.com/5669161/us-stocks-pick-alert, but do not invest yet just familiarize yourself with it, however if you decide to join you can use my signature to register on Trove we both get FREE shares. Remember you invest what you can afford to loose.

https://www.nairaland.com/3658395/fgn-savings-bond FG saving bonds is usually first week of every month, rate is about 5%, March has closed, look out for April, you are paid every quarter meaning 4 times in a year. https://www.dmo.gov.ng/fgn-bonds/savings-bond.

Is there Capital security? Yes, as long as you know what you are doing.
Wisdom is contagious so is foolishness. Once you figure where you are headed in life, surround your self with those headed in the same direction, changing your company can change the trajectory of your life- Sam Adeyemi

akinola98:
Will PiggyVest pay u back the upfront immediately you credit them the capital or the upfront will be left in your account as u clicked on investment

Philantropists:
Just thought I'd drop this here. You can earn while you sleep.

Anyone who owns a foreign currency account that is denominated in Pounds, Euro or USD can earn as high as 5% interest on short 7 days or long term investment.

All you need to do is sign up and fully verify your account with Binance.com
It is the largest crypto currency exchange in the world by trade exchange volume.

You are not the one investing in crypto, they do the Investment with the money while they guarantee your capital and interest payments is made on daily basis.

Lazyyouth4u:
I think they are supposed to be a platform for small investors to invest their money indirectly in stocks and funds managed by SEC approved fund managers.

So if small investors buy stocks or invest their money using these platforms, the platform takes the money to invest through brokers and fund managers and charges a fee (to the small investors) which it shares with brokers and fund managers. This makes sense.

My only concern is when they ‘safelock’ money and guarantee returns. In this case, they will be investing the money themselves. That is risky.

I saw a video where one of them said they invested earlier in long term bonds and that this allows them to continue to pay out higher interest rates in a low interest market. The question is where did a start up with no money get the funds to buy up so many bonds? What happens if interest rates go up in the future and they are still holding these old long term bonds?

Also, how is the same AICO that is ‘managing’ their funds not able to offer the same 13%? One of AICO’s marketers posted a very pitiful 3% offer here a few days ago.

QuinModah:
Nothing just buy the shares of Dangote to hedge.

OgogoroFreak:
Ehnn... I "Safelock" 20M with piggyvest o. Make I no hear story.

QuinModah:
Thank you I will Google them it.

keeper303:
Please I will also be interested in your Google result. I am in the same predicament.

QuinModah:
I didn't invest a dime but warned them after my cousin's 3m went into thing air with 4 agritech, she is still crying

QuinModah:
25k. Inflation affects them, they transport their wares to the market to sell probably neighboring village

NL1960:
We are talking of a retiree and his wife spending 100k a month in the village. He is not farming. He can grow the tomatoes he needs in his garden.

If a basket of tomatoes is 25k in Lagos, definitely it will be far lower than that in a village in Kano that i used as example. Moreover, a retiree with his wife living in such a village cannot consume a basket of tomatoes in a month in such a village. Dem dey chew am raw every morning?.

QuinModah:
Send this to your church announcement department so they can announce it in church tomorrow.

westliverenterp:
Who has ideas about paint business, is it lucrative? your opinion and advice are needed

NL1960:
Why is she crying?. Iam sure she was warned but she waived it aside saying it is her money which she can afford to lose and that she is still young and so can afford to take such risk.

NL1960:
If he no dey go church nko?.

QuinModah:
� ko le work they will need medical attention and that money no go carry them.

QuinModah:
Reason I taunt them on the agritech thread, many have been burnt badly on that thread, even the op of the thread warned them t o desist they no gree here. She is currently squatting with me after months of torment from her landlady

QuinModah:
Mosque nko

NL1960:
Medical was not included in the trend of the discussion. The originator of the discourse said a healthy retiree.
Even in the city, 100m a month might not be enough for a retiree.

NL1960:
I laughed when i saw all these Agrictechs coming up and promising a high ROI on crops. Have they ever entered a farm or done farming to be promising such?. Just a few days of blockade the other day, farmers started loosing N10B daily.

QuinModah:
This is false

NL1960:
I know but i was only following you lead of inclusion of medical. One medical need by a retiree can wipe off N100m. Don't you think so?.

QuinModah:
The same thing I asked her when she put her money in Hocorn. Funny thing is she is an agriculture graduate.