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Nairaland Forum / Nairaland / General / Business / What Can I Invest In With N700k? Please Advise (2801 Views)
What Business Can I Invest 100,000 Naira / I Have Five Hundred Thousand Naira, 500,000, Please Advise Me On Business To Do / Pls Good Nigerians, Lost My Job Last Year But I Have N700k. (2) (3) (4)
What Can I Invest In With N700k? Please Advise by yemibox: 12:29am On Oct 25, 2008 |
Please Advise. Thank you |
Re: What Can I Invest In With N700k? Please Advise by nedunaija(m): 4:24pm On Oct 25, 2008 |
There are a whole lot u can invest in with 700k. It all depends on you, your passion, your present job status, and of course, your financial goal. If you are a worker who closes by say, 7 or 8 p.m,then your only bet could be stocks or mutual funds because you do not have the time to run a business. If you do not have a job, then you can build any business you want. you start with ANYTHING and just ensure you build a system around it. |
Re: What Can I Invest In With N700k? Please Advise by seguneze: 7:56pm On Oct 26, 2008 |
pray about it, you will get a very good idea on what to do with your money,but dont rush into any business without doing your homework |
Re: What Can I Invest In With N700k? Please Advise by atilla(m): 1:15pm On Nov 04, 2008 |
Hello Yemibox are you interested in investing with shares? If so let me know and I can be of help in that regards. Take care |
Re: What Can I Invest In With N700k? Please Advise by oluwilson: 12:38pm On Nov 13, 2008 |
You such an intelligent person to have sought for advice instead of losing your control because of money. However, you should know that investment is like a vehicle to carry from one financial point to another you therefore can't afford not to know where you are going. If you really want to make more money with your 700K you should be able to answer the following basic questions: For how long do you want to invest this money? How much time are you willing to invest besides your capital? How many ideas have you and how rich are they? How much do you expect as your turn over? Are you willing to learn? How much risk are you ready to take? If your plan fails how would you handle it? These are few among many questions you should be able to answer before embarking on any investment. For the fact that you have the money does not mean you are qualified to manage and grow it. I have seen people with lot of money go bankrupt while some people have attained a level of financial freedom without any start up capital. It takes more than just having money to make money. Invest a little in financial/business education. Don't hesitate to get professional advice and services.Above all don't forget God. Best of luck |
Re: What Can I Invest In With N700k? Please Advise by deardoc: 11:18pm On Jan 08, 2009 |
hi yemibox, compliments of the season. please this is a new year so dont get scammed.my advice to you is that whatever business u want to get into,you have to do a thorough research patiently except you want to throw your money to the winds.get knowledgeable, remember,no one can protect your investment better than yourself. i still have confidence in the stock market and feel you should invest in companies with good fundamentals. also real estate is not bad "BUT" you need to devote time to go to alausa to confirm that the land does not belong to the government and the autenticity so you do not fall prey to fraudsters. happy investing.remember most genuine investment plans are long term |
Re: What Can I Invest In With N700k? Please Advise by UNIB(m): 3:34pm On Jan 11, 2009 |
Hi yi. , deardoc , had said it just be careful for nothing cos fraudsters are always looking to attract people with trick of making quick ROI( return of investment ) withing 4months - 1year which some of these folks had bn advising you on , even giving you their contacts , please just be wise and do the real thing cos 700k is not wake up an pick at the back of your apartment , I know it may look like little money to some of us but the truth is that 700k is not small as many would have it , once again ''BE WISE '' it's only the foolish ones that refuse to learn from others past experience , so, my beloved shine your eyes oooooo and remember many Niaja fraudsters bribe some company owners to use their office during their 419 operation ,so, don't be carried away at the look of some offices you might visit, what you have to do is to be smart and don't loos your guide , i suggest you hook-up with a lawyer when dealing with some offices in case if you can't understand all terms in business .If you need more advc on how to invest in stock or about stock market i can compose a book for you on that as a beginner . Happy investing , ![]() ![]() |
Re: What Can I Invest In With N700k? Please Advise by bothsstock: 1:21pm On Feb 14, 2009 |
Investment doesn't require you to put all your money in one basket but in many baskets. Investment is good likewise Business and as well stock trading. Stock trading gives birth to many millionaires of this world and i will recommend global stock trading. you canfind out more about this on www.globalstocktrading see you at the top. |
Re: What Can I Invest In With N700k? Please Advise by UNLEASHED(m): 7:38pm On Feb 17, 2009 |
I might not give any advice but with that your money, Shine your eyes o! ![]() ![]() ![]() |
Re: What Can I Invest In With N700k? Please Advise by AjanleKoko: 12:41am On Feb 18, 2009 |
![]() ![]() ![]() The way people dey drop email addies and phone numbers I fear for this person o! LOL Anyway, this is my own advice, given current conditions: If you're working and have the 700k as spare cash, try to fix the money with your bank or asset mgt company (you know, like Kakawa or Denham or all those guys). Commercial papers or some other fixed instruments. The rates for this stuff are going up now. Don't buy any shares except if you don't need the money for the next 10 years. The meltdown will continue for a long time, and nobody will be taking any profit from that stock market for now. If you really are not working and have the cash, why not set up a business buying and selling? Maybe a small supermarket, or specialized product sales. Even if it's buying and selling recharge cards every month. You won't make a killing but you can make a tidy income every month. All the best anyways. Pls don't PM me or anything. I'm not an advisor of any kind. |
Re: What Can I Invest In With N700k? Please Advise by Thadude(m): 1:01am On Feb 21, 2009 |
Chei! see all the investment professionals that proped up because of 700k?, there is poverty in my land. No body could even inform yemibox that 700k investment now pose a big risk on his part or that he should wait to see if govt will bail out the stock market? This is the time to sit-don-look govt. Yemibox my advise to you is to keep ur money in GTB or any safe bank for now and earn ur monthly interest while you wait to see what the govt will do as regards the economy. 2days after the govt bails out the stock market then u can invest in it (preferably penny stocks). Mind you penny stocks are equally suicide stocks! In the meantime join www.stockmarketnigeria.com its a free investment forum for intending stock market investors, there you can read articles about investment and ask question. How many nairalanders have investment in the stock market? probably 5%. |
Re: What Can I Invest In With N700k? Please Advise by ochallo: 3:43pm On Feb 22, 2009 |
you can fix it with finbank at 9%interest for 90days,while you are thinking of what to do with it. |
Re: What Can I Invest In With N700k? Please Advise by Nobody: 8:13pm On Feb 22, 2009 |
Look for a niche product to import that can be promoted using a marketing company, set up a distributorship, target your market, and you'll make good money. |
Re: What Can I Invest In With N700k? Please Advise by nwaodua: 2:44pm On Feb 25, 2009 |
guy, i work in the bank and i can tell you that considering the situation in the capital market and the economic crisis, look for a goos bank and keep your money liquid,, if you need help reach me on 08062835208, |
Re: What Can I Invest In With N700k? Please Advise by honeric01(m): 4:31pm On Apr 04, 2009 |
Do not respond to anyone sending you their emails or contact info, we are talking about your money here, not a national cake, be wise. |
Re: What Can I Invest In With N700k? Please Advise by enomakos(m): 4:43pm On Apr 04, 2009 |
pray about it before u invest and u must have some knowledge about the business before u invest in it |
Re: What Can I Invest In With N700k? Please Advise by Primenet(m): 8:44pm On Apr 06, 2009 |
One of the first thing you need is information on where your business passion flows. There are many areas you can invest your money and have peace of mind. Before you invest in any area of your choice make sure you have the right information and what I call business boldness (shock absorber). But one area I would advise you to give a second thought is real estate business. You may not need to invest all the 700k, rather give a portion to it and watch your investment grow. You can grow whatever you invested into millions and become a figure in that area. There are many areas you can invest in real estate. Like I told you, you need the right information to lunch forth. If you need more information on real estate kindly visit: http://www.realestateboomng.com or call Maccomms on 07055253345 |
Re: What Can I Invest In With N700k? Please Advise by lawrencead: 2:02am On May 01, 2009 |
Pls i need advice on =n=5million fixed deposit in nigeria banks and the interest rate i should expect from each banks, for 30days, 60days, 90days and 1year. hope to hear from your. |
Re: What Can I Invest In With N700k? Please Advise by honeric01(m): 11:17pm On Sep 01, 2010 |
Wait for dollar, pounds or Euro to drop, then buy dollars and have the kept somewhere, watch the price, when it grows like 5-8 naira, you can sell, repeat this steps after taking in your profits. |
Re: What Can I Invest In With N700k? Please Advise by mrsage(m): 1:03am On Sep 22, 2010 |
1. Turkey farming business- A Mini Turkey Farm This is an agric bizness with a short turnaround period. You can start this venture with a room, bq, uncompleted building or any vacant space. The profit margin is very handsome. Turkeys mature within a few months and they do not smell like other poultry animals. You can recoup your investment within 6 months with a very high profit margin. The key areas are: Feeding, Where to get supplies of young animals, pest control, housing etc. 2. Custard Powder Production Custard as we all know is a fast moving food product here in Nigeria. 3. Grasscutter farming 4. Meat Delivery/Supply Business. Food related and very profitable 5. Soap making. Soap is a fast moving consumer product and production process is not too complex 6. Exercise Book production 7. You can set up a small bakery and expand in future. Nigerians love bread 8. You can import shoes and other fashion accessories. I know a guy that imports male casual shoes from the Uk and he sells to wholesale buyers in Lagos. The rate of return is very high, quick turnover is guaranteed and the products sell fast because it meets one of the basic needs of man - Clothing. 9. Transportation. the recent ban on commercial motorcycles in Lagos has thrown up a huge business opportunity for smart investors who understand the Lagos business environment. 10. Supply of corporate gift items. 11. Small scale Printing press. 12. Game lounge I have comprehensive information on all these business ideas. Kindly contact: info@dwightservices.com |
Re: What Can I Invest In With N700k? Please Advise by CareTaker1(m): 3:33pm On Sep 22, 2010 |
Re: What Can I Invest In With N700k? Please Advise by fxjunkie(m): 2:15pm On Sep 26, 2010 |
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Re: What Can I Invest In With N700k? Please Advise by atuagbo: 12:46pm On Sep 30, 2010 |
@Mr Sage info@dwightservices.com Thanks for your invaluable contribution to this trend. Kindly send me a comprehensive information on a mini turkey business and game lounge business. paulpurpose2000@yahoo.co.nz |
Re: What Can I Invest In With N700k? Please Advise by gega: 4:03pm On Oct 01, 2010 |
Hi, can we partner on putting on TV a promo for an original tv game show from me which i bet you will compete favorably with "who wants to be a millionaire" and bring in cas for us. I am currently working out its patent right.I am very seriuos because i know the potential of this game. The plan is: -We'll get to partner with a Tv station that needs content to put us on advert free for a particular period. The advert will state when the show will fully commence and thru this way we'll get the public aware. -We'll approach Telecommunication companys, anyone of them will likely show interest with a proposal and inform them about the advert on TV. Of course, it's d way the advert is packaged that will impress them and the potential of the game. -We will partner with a media house to help do a recording of the show(advert).Here we may need to spend some money. -Lastly, we will get the game accessory.just temporary ones before the multinationals can come in and drop the big money for authentic accessories. Where you are required to partner is in the purchasing of the accessories and this won't even take all your N700k.At most it should take N150k. And once the show hits the airwave,you can get back your money spent and still share in the gain according to our agreement. I hope you find this worthwhile. Thanks.may reach me on darey04@yahoo.com,i reside in Lagos. |
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