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Nairaland Forum / Nairaland / General / Investment / I Need A Profitable Investment To Invest With 1.5 Million (2797 Views)
What To Do With 2.5 Million Naira / What Investment To Make With 2.5 Million Naira / Where To Invest 5 Million Naira? (2) (3) (4)
I Need A Profitable Investment To Invest With 1.5 Million by Nobody: 2:20am On Nov 28, 2014 |
I have been following this Investment section for a while and I want to know which of the below investment is profitable to invest with 1.5 million. (1) Fixed Deposit (2) Transportation (3) Land |
Re: I Need A Profitable Investment To Invest With 1.5 Million by kilokeys(m): 2:34am On Nov 28, 2014 |
bro. think it well o. fixed deposit returns is quite meager transportation erhmm.. u have to be sure of d car/bus u r getting.. u could buy a 400k non AC car and give out for hire purchase for maybe 700k of 15k returns per week for a year Land.. is long term. it really depends on what u want. if it was me, ill brush up my portfolio ( do professional courses, maybe a masters in naija,) then do d transport , both should sum up to a mil. then maybe fix the remainder and live off the tp and fix deposit.. while i study. 2 Likes |
Re: I Need A Profitable Investment To Invest With 1.5 Million by Nobody: 2:41am On Nov 28, 2014 |
kilokeys: Thank you very much, I just want to give a trial to this 1.5m, at least something to substitute my income, If i fixed the 1.5m for 6months how much do you think I'll have in return and how is the High purchase thing works |
Re: I Need A Profitable Investment To Invest With 1.5 Million by kilokeys(m): 2:46am On Nov 28, 2014 |
allen0000:most fixed deposit accrue an interest of 10 to 13% on ur principal after 90 days. so 1.5 m should give u like 150k after 3 months and 300k after 6 months |
Re: I Need A Profitable Investment To Invest With 1.5 Million by Henix(m): 3:11am On Nov 28, 2014 |
kilokeys:10 to 13% on ur principal per annual, if the figure is right. Divide it by months, u get ur number of months interest. No bank can pay u 150k as 3 months interest on 1.5million naira. OP, i will advice u invest ur money on genuine land, if u already have a source of livelihood. A good land can appreciate fast, with no headache. Hire purchase is lucrative, but drivers are problematic. Am telling u my real LIFE experience 5 Likes |
Re: I Need A Profitable Investment To Invest With 1.5 Million by Blurry: 11:47am On Nov 28, 2014 |
kilokeys: ![]() @OP, I got just two words for you... Risk Appetite! How much risk can you take? That should determine your choice of investment. |
Re: I Need A Profitable Investment To Invest With 1.5 Million by kilokeys(m): 12:10pm On Nov 28, 2014 |
Blurry:thank you.. noted |
Re: I Need A Profitable Investment To Invest With 1.5 Million by Nobody: 12:49pm On Nov 28, 2014 |
Blurry: Thank you for your words but I dont want to take much risk and that is why am asking which of the sector mentioned above ( Fixed Deposit, Land, Transportation) is profitable, less risk and peace of mind, |
Re: I Need A Profitable Investment To Invest With 1.5 Million by EnterPRO: 11:20pm On Nov 28, 2014 |
rather than fixed deposits, consider treasury bills or KGIF. tax free too. active threads exist in this section of NL for both. KGIF offers 13% p.a. guaranteed and they pay twice a year. you can do 90, 180 or 360 day T-Bills. returns have varied from 9% to 14% historically. if you opt for t-bills at say 10% , you get N150k upfront which you can put into your option 2 or 3 while waiting to get back your principal from the t-bills. |
Re: I Need A Profitable Investment To Invest With 1.5 Million by Nobody: 2:33am On Nov 29, 2014 |
EnterPRO: |
Re: I Need A Profitable Investment To Invest With 1.5 Million by EnterPRO: 9:05am On Nov 29, 2014 |
allen0000: www.nairaland.com/878880/treasury-bills-nigeria/67 www.nairaland.com/1912965/mutual-funds |
Re: I Need A Profitable Investment To Invest With 1.5 Million by Angelstartups(f): 4:55pm On Nov 29, 2014 |
Re: I Need A Profitable Investment To Invest With 1.5 Million by Nwunuken(m): 7:09pm On Nov 30, 2014 |
kilokeys:sure |
Re: I Need A Profitable Investment To Invest With 1.5 Million by Nwunuken(m): 7:10pm On Nov 30, 2014 |
kilokeys:sure? |
Re: I Need A Profitable Investment To Invest With 1.5 Million by bettercreature(m): 2:13pm On Dec 01, 2014 |
IF YOU FIX 1.5MILLION YOU WILL GET 10,500 NAIRA MONEY ..SIMPLE ITS 7% |
Re: I Need A Profitable Investment To Invest With 1.5 Million by kepstone: 5:22pm On Dec 01, 2014 |
Guy pm me, come let me show u how to turn $300 into a fortune by trading binary. Its legit and highly profitable bro. $50 daily profit out of ur initial capital is not a bad deal. Do the maths and u all c dt u making sometin gud in return. I tell you any dummie can do this and still make money. Hala me or watsapp on 07039205874. |
Re: I Need A Profitable Investment To Invest With 1.5 Million by Davvymavvy: 5:55pm On Dec 01, 2014 |
. |
Re: I Need A Profitable Investment To Invest With 1.5 Million by Nobody: 9:42pm On Dec 01, 2014 |
kepstone: You can show how to turn 300$ into millions here so that other viewers and readers will learn as well |
Re: I Need A Profitable Investment To Invest With 1.5 Million by fxguru3D: 2:01pm On Dec 02, 2014 |
kepstone:. Hehehehe boyz are not smiling.. Ur blood dey hot.no need for phone number. Do it here let every body see..I smile rat. 1 Like |
Re: I Need A Profitable Investment To Invest With 1.5 Million by oshimiliego: 8:59pm On Dec 02, 2014 |
allen0000: Visit www.forexcake.com and your problem is over, let an expert forex trader trade for you with the money in your custody |
Re: I Need A Profitable Investment To Invest With 1.5 Million by ukandi1(m): 6:28am On Dec 03, 2014 |
kilokeys: my brother, CBN has slashed interest rate on fixed deposit down a long time ago. No bank gives u more than 2% now for 6 months. I suggest we approach d banks for more recent rates. Fixed deposit is a no no for me, with d naira devaluation currently going on. |
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