₦airaland Forum

lionlee216:
So what's the future of those that overstayed?

Is there any pathway to citizenship?

Does UAE Nationals date Foreigners esp Africans?

What's d average savings in a month ?

.
Baba lion. Se you wan sho 4 uae. I Dey suspect your question oooo. Lol

nextstep:
Given a choice in today's environment, I will buy tbills.

Somebody else has made a good case against land, though I don't fully agree (I develop land to rent, not just buy and hold), so our experiences with this PMB era may be different.

Let me attempt to discourage you from buying a car:

I'm assuming a car of about 3M, a cost that includes paperwork (registration, uber related fees, insurance, tax, etc.).
In tbills, 3M @ 12% annually is 360,000k. No further work needed from you for the rest of your life to get this return annually.

Typically, most drivers I know make around 30k/week. You'll likely work 46 weeks (not 52 because you will take breaks, get sick, travel, car breaks down, days with fewer customers, etc). Fuel will cost you at least 15k/week with all that driving, not to mention wear and tear and more frequent maintenance. After all is said and done, you might be lucky to see 15k/week after all associated costs (tolls, police, vulcanizer, stress). Not counting that the car you have is depreciating in value.

46 weeks X 15k is nearly 700k, with a lot of effort.

Sure 700k is more than 360k, but the latter comes without any effort, and oh, you still get to keep your 3M in cash. You can also use your time (which you're not using to drive) to work elsewhere.

Bro plz can you explain better this TBILLS BETTR

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