₦airaland Forum

AmgAmg:
I recently received an inheritance and now have over ₦150-million just sitting there, doing nothing. I need solid advice on how best to invest this money. I’m looking for a moderate to high-yield investment that won’t be affected by the depreciation of the naira.

Let’s be real ….. we’ve all seen how bad the naira has devalued over the years. The last thing I want is to put my money into something, only to wake up in a few years and realize its value has been slashed into half. You know what I mean. Even if the business is in naira, it has to be highly profitable so that currency depreciation won’t eat away it.

I don’t want meaningless or negative suggestions…. only serious, well-thought-out opinions . I’m open to meeting up to discuss solid business ideas, and trust me, a handsome reward awaits whoever brings the best proposal.

That said, let me be clear:
I have the Commissioner of Police and EFCC on speed dial. If anyone thinks this is an opportunity for a scam, just know that any fraudulent attempt will be handled swiftly and decisively.

If you have a genuine, profitable, and well-researched idea, let’s talk.

Diyke4rich:
Good evening everyone.

Please I need advise I bought 150,000units of champion since last year February, I am stuck with the stock, I have been waiting patiently for it to improve so I can let it go but rather I am on still on 5% lost of my capital.

My question here is should I just sell it off with a lose and buy a dividend paying stock or should I still give it a time?

Your advises will be highly appreciated.

Thank You

Diyke4rich:
Good evening everyone.

Please I need advise I bought 150,000units of champion since last year February, I am stuck with the stock, I have been waiting patiently for it to improve so I can let it go but rather I am on still on 5% lost of my capital.

My question here is should I just sell it off with a lose and buy a dividend paying stock or should I still give it a time?

Your advises will be highly appreciated.

Thank You
If you're not in serious need of funds wait it out, the stock market is cyclical eventually it would rise up back if you're patient enough. The only question is when but if you can wait it out you'd eventually gain from it.

ThatNiccur:
Okay, thank you so much. looking them up right away.
I'd be grateful if you help me understand this part tho

Streetinvestor2:
Apr got to 9.65 yesterday. I wanted to sell at 10 so it did not go through

mablie:
The Number 2 is nothing but "Magical Thinking" bullshit.

Apologises for my dismissiveness but the Number 2 is what it is,"Magical Thinking" bullshit.

Lifestarter007:
Good morning guys.
I want you guys to be as brutal as possible.
I’m a 26yrs old guy,done with school and nysc.
For the past two years and some months I have been working as a bet9ja cashier, I stayed with my brother who is married with kids. My brother has been very supportive.
During this 2yrs,I have been able to save up to 1.8m since I don’t have much expenses.
I know how big and small the money is at the same time.
The truth is there’s more to life than being a cashier.
secondly
Nobody knows I have that kind of money.
I just want to start my own Life as a man.
My parents are late.this are conversations I would have loved to have with my father.
BROTHERS if you were in my shoes how would you go about things.