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I Just Got My Inheritance; I Need Your Advice - Business (12) - Nairaland

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Re: I Just Got My Inheritance; I Need Your Advice by supreme2014(m): 1:06pm On Jan 24, 2022
Go and buy lands in a village and ensure to survey it , with coc and in ten years time u willsurly thank me.. Go and prosper bro
Re: I Just Got My Inheritance; I Need Your Advice by rfkay(m): 1:07pm On Jan 24, 2022
Boogiebee:
Hello Nairalanders,

So straight to the point. Please I need your advice about two things.

1. I just got my inheritance and I got cash of 8M and there's this popular belief of people squandering their inheritance,I don't want that to be my portion so which business can I invest it into. For context, I currently have a job and I'm not ready to quit so please put that into consideration.

2. My younger brother is still a student so he has asked me to save his portion of 6M in bank until he graduates but I don't think that's a good idea. I would rather he put it in some form of secure investment that will be yielding something. Kindly give us suggestions.

May the soul of my beloved Father continue to rest in peace. Amen


Use it to acquire land(s)
Re: I Just Got My Inheritance; I Need Your Advice by nams77: 1:07pm On Jan 24, 2022
gasparpisciotta:
Please don’t be in a hurry to invest and be careful with all manner of get rich sooner than soonest schemes.

Approach a reputable stock brokering house to guide on buying share of blue chip companies

Op, don't buy stock. Keep the money in your account for at least a minimum one year until u know what to do.
A,word is enough for the wise

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by femiasaolu2014: 1:08pm On Jan 24, 2022
Boogiebee:
Hello Nairalanders,

So straight to the point. Please I need your advice about two things.

1. I just got my inheritance and I got cash of 8M and there's this popular belief of people squandering their inheritance,I don't want that to be my portion so which business can I invest it into. For context, I currently have a job and I'm not ready to quit so please put that into consideration.

2. My younger brother is still a student so he has asked me to save his portion of 6M in bank until he graduates but I don't think that's a good idea. I would rather he put it in some form of secure investment that will be yielding something. Kindly give us suggestions.

May the soul of my beloved Father continue to rest in peace. Amen

Please don't invest in any business and please don't save money in the bank.

DONT INVEST IN ANY BUSINESS O!!!

Convert the money into USD and save it in an interest-bearing DOM account.

Leave it until this useless Buhari leaves government at least.

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by DemMannaScam: 1:10pm On Jan 24, 2022
cheesy cheesy

TheKingsmann:
Mynd44, seun Rule 2
Re: I Just Got My Inheritance; I Need Your Advice by ManAustin(m): 1:10pm On Jan 24, 2022
Boogiebee:
Hello Nairalanders,

So straight to the point. Please I need your advice about two things.

1. I just got my inheritance and I got cash of 8M and there's this popular belief of people squandering their inheritance,I don't want that to be my portion so which business can I invest it into. For context, I currently have a job and I'm not ready to quit so please put that into consideration.

2. My younger brother is still a student so he has asked me to save his portion of 6M in bank until he graduates but I don't think that's a good idea. I would rather he put it in some form of secure investment that will be yielding something. Kindly give us suggestions.

May the soul of my beloved Father continue to rest in peace. Amen

What about investing in landed properties? I am sure it is quintessential to say that landed properties have the tendencies of appreciating in value over time. Mind you i am into land investment(Real estate), so i know what i am talking about and a few here who understands land investment will agree with me. Think about it.
Re: I Just Got My Inheritance; I Need Your Advice by Testimony1988(m): 1:10pm On Jan 24, 2022
There are business you can do that will generate more income with that money only if you will be in charge of the business, you can go into selling of farm produce, buy in bulk and sell to retailers, provision and drinks business, and you can go into POS business, and also computer business, photocopying, printing, binding, laminating, cyber cafe etc.
Re: I Just Got My Inheritance; I Need Your Advice by Emmanuel30a: 1:11pm On Jan 24, 2022
Boogiebee:
Hello Nairalanders,
So straight 2D point.Pls I need ur advice about 2 things.
1.I just got my inheritance and I got cash of 8M&there's this popular belief of people squandering their inheritance,I don't want that to be my portion so which business can I invest it into.For context,I currently have a job &I'm not ready to quit so please put that into consideration.
2.My younger brother is still a student so he has asked me to save his portion of 6M in bank until he graduates but I don't think that's a good idea.I would rather he put it in some form of secure investment that will be yielding something.Kindly give us suggestions.May D soul of my beloved Father continue to rest in peace. Amen
In Case You Want To Do Some Charity From The Money, Please Let Me Be Among The Beneficiary.Any Amount Would Be Appreciated.Bank Details: 0112209808,Adediji Emmanuel.Gtbank.Thanks! Meanwhile,Never Invest In Any Online Investment.Build Shops Or Self Contains For Rent! Luck
Re: I Just Got My Inheritance; I Need Your Advice by Emmanuel30a: 1:12pm On Jan 24, 2022
Emmanuel30a:
In Case You Want To Do Some Charity From The Money, Please Let Me Be Among The Beneficiary.Any Amount Would Be Appreciated.Bank Details: 0112209808,Adediji Emmanuel.Gtbank.Thanks! Meanwhile,Never Invest In Any Online Investment.Build Shops Or Self Contains For Rent! Luck
Re: I Just Got My Inheritance; I Need Your Advice by goodman3(m): 1:14pm On Jan 24, 2022
Call me, let me tell you the best investment you can do with just half of that money, you'll make 100 percent back in 2 months maximum. My number is 0.8.0.3.2.2.9.9.2.7.7.
Re: I Just Got My Inheritance; I Need Your Advice by goodman3(m): 1:14pm On Jan 24, 2022
Call me, let me tell you the best investment you can do with just half of that money, you'll make 100 percent back in 2 months maximum. My number is. 0.8.0.3.2.2.9.9.2.7.7.
Re: I Just Got My Inheritance; I Need Your Advice by Frankdamaxx(m): 1:15pm On Jan 24, 2022
Buy 2 plots of land in a gated estate with good value.
Re: I Just Got My Inheritance; I Need Your Advice by Volksguys1985: 1:15pm On Jan 24, 2022
IjapaTiroko:

Saving in dollars isn't hard at all.
Just visit your preferred bank and tell them you would like to open a dollar domiciliary account, and they will give you the requirements. Or you could visit the bank's website for the requirements.
That's all.

Though I'll advise you open more than one domiciliary account so you can keep more than one type currency. E.g You'll open accounts for US Dollars and for Chinese Yuan. Because if there's scarcity of dollars, the CBN might give strict austerity measures that will make you temporarily unable to withdraw your dollars.
thanks so much, have visited their website, they said $100 for opening, but my question is this pls, can i withdraw out of my $100 if the need arise?
Re: I Just Got My Inheritance; I Need Your Advice by onlysose(m): 1:16pm On Jan 24, 2022
buy a land and fence it, you need a house of your own to avoid paying rent. you can start fish or poultry farming on same land. you can also open a standard car wash and a barbing saloon( when they are functional, you put little resouces to maintain them.
Re: I Just Got My Inheritance; I Need Your Advice by qtguru(m): 1:19pm On Jan 24, 2022
Unibenfucker:



And what happens when the dollar crashes by this year ending

I keep all my money in dollars , more stable than Naira
Re: I Just Got My Inheritance; I Need Your Advice by Samdelzon(m): 1:21pm On Jan 24, 2022
My friend this is not bitcoin we are talking about here, it's the US Dollar$ please.


And what happens when the dollar crashes by this year ending[/quote]
Re: I Just Got My Inheritance; I Need Your Advice by Unibenfucker(m): 1:22pm On Jan 24, 2022
qtguru:


I keep all my money in dollars , more stable than Naira


Ok let's wait till September to December this year and see what happens. just mark my words . Let's see what happens to naira against the dollar when there is availability of so much forex in the country

It's better that niqqur buys a landed property than putting it in dollar account. I bought a 100*100 plot of land in Asaba last year June for 15Million. I visited the area early this year and land is going for 20-22 Million for a a 100*100
Re: I Just Got My Inheritance; I Need Your Advice by Dickson25(m): 1:24pm On Jan 24, 2022
Invest the money into buying,selling and Storing of food stuffs... Then sell it when it's scarce in the market... Just go to the North buy it cheap come to the south east or west and sell it in good prices Boss. Man must chop no matter what
Re: I Just Got My Inheritance; I Need Your Advice by OlawaleBammie: 1:25pm On Jan 24, 2022
gasparpisciotta:
Please don’t be in a hurry to invest and be careful with all manner of get rich sooner than soonest schemes.

Approach a reputable stock brokering house to guide on buying share of blue chip companies
pls who are blue chip companies and what are they into?
Re: I Just Got My Inheritance; I Need Your Advice by kingseun: 1:25pm On Jan 24, 2022
AVECDEO:
Please go and develop a rental property and rest...business and 9-5 no dey too corollate na chop dem go dey chop your money.

Best advice ,use your bro 6 million n your 8 million to develop a rental property n get your rent yearly . whenever your bro needs his money you can then sell .investing in Nigeria is somehow now ooo . especially because you won't be available to manage yourself .everyone is desperate oo so be careful
Re: I Just Got My Inheritance; I Need Your Advice by FarmWay(m): 1:33pm On Jan 24, 2022
Boogiebee:
Hello Nairalanders,

So straight to the point. Please I need your advice about two things.

1. I just got my inheritance and I got cash of 8M and there's this popular belief of people squandering their inheritance,I don't want that to be my portion so which business can I invest it into. For context, I currently have a job and I'm not ready to quit so please put that into consideration.

2. My younger brother is still a student so he has asked me to save his portion of 6M in bank until he graduates but I don't think that's a good idea. I would rather he put it in some form of secure investment that will be yielding something. Kindly give us suggestions.

May the soul of my beloved Father continue to rest in peace. Amen

Let's go to the farm with a little portion of the money. Plantation that will last longer than your lifetime
Re: I Just Got My Inheritance; I Need Your Advice by larrypourl(m): 1:35pm On Jan 24, 2022
Go and buy Bond jeje through commercial banks if you want peace of mind. Interest rate is within 12-15% and your Capital is still kept intact. You can reinvest your interest or spend if you like.
Re: I Just Got My Inheritance; I Need Your Advice by snoopz: 1:36pm On Jan 24, 2022
Be wise and Avoid investments that is not coming from the bank itself,
Why don't you buy lands, that one na sure investment.

No give anybody your money to double or invest in whatever this one in particular is coming from experience...

And avoid unnecessary bills and spending, live your life as if you don't have that money in your account...
May God help you because money na spirit
Re: I Just Got My Inheritance; I Need Your Advice by freaklyme(m): 1:36pm On Jan 24, 2022
Don't be in a rush to start any form of business ,leave 70% as fixed deposit in the bank first then think of what you can start with the 30% first and see if it turns profitable then you can add capital to expand it .A long term Business preferably .
Boogiebee:
Hello Nairalanders,

So straight to the point. Please I need your advice about two things.

1. I just got my inheritance and I got cash of 8M and there's this popular belief of people squandering their inheritance,I don't want that to be my portion so which business can I invest it into. For context, I currently have a job and I'm not ready to quit so please put that into consideration.

2. My younger brother is still a student so he has asked me to save his portion of 6M in bank until he graduates but I don't think that's a good idea. I would rather he put it in some form of secure investment that will be yielding something. Kindly give us suggestions.

May the soul of my beloved Father continue to rest in peace. Amen
Re: I Just Got My Inheritance; I Need Your Advice by Unibenfucker(m): 1:38pm On Jan 24, 2022
ppogba:


You seem to belong to the school of thought that the coming on stream of the Dangote refinery will solve all of Nigerii's problem including that of getting a good coach for the Super Eagle.

Please believe less on what Emefiele says.

Yes I belong to that group there was a time $1-#1 In this country we are importing everything and there is scarcity of forex . So when the Refinery comes on stream by September. There should be availability of more foreign exchange for the country I see the Naira appreciating against the dollar. If the guy come go buy dollars @ let's say 500 then naira come appreciate who go lose. There is no way the naira would continue to exchange for 500 . No be even dangote refinery other refinery dey way go come on stream subsequent years
Re: I Just Got My Inheritance; I Need Your Advice by Genset: 1:44pm On Jan 24, 2022
oshonwambada:
Just fix the money in a fixed deposit account and continue with the work u are doing at the moment.Dont take any advice from anyone here at the moment and if u are too eager to invest,just look for a nice area and secure like 3plots of landed property.


Listen to this please. Buy land or buy 1 million worth of btc and leave the remaining 7million for fixed deposit account.
Re: I Just Got My Inheritance; I Need Your Advice by janda1: 1:45pm On Jan 24, 2022
alphabbey1:

You want OP to spend close to 1m Naira on transportation alone ? Untop 8m naira.... grin

Transportation
What is sea cargo doing there, how much is sea cargo and the item would be more cheaper sending it through air cargo...he is going to make the 1 million back in 100 times.. I guess you don't know much...I won't say much.....that is the best business ever

1 Like

Re: I Just Got My Inheritance; I Need Your Advice by joinnow: 1:53pm On Jan 24, 2022
Boogiebee:
Hello Nairalanders,

So straight to the point. Please I need your advice about two things.

1. I just got my inheritance and I got cash of 8M and there's this popular belief of people squandering their inheritance,I don't want that to be my portion so which business can I invest it into. For context, I currently have a job and I'm not ready to quit so please put that into consideration.

2. My younger brother is still a student so he has asked me to save his portion of 6M in bank until he graduates but I don't think that's a good idea. I would rather he put it in some form of secure investment that will be yielding something. Kindly give us suggestions.

May the soul of my beloved Father continue to rest in peace. Amen
Buy a land near University build 20 selfcon
Break down
Land N2,000,000
X20 Selfcon N12,000,000
ROI approx 4million yearly
In 3 and half years you have recoup your investment and from then na soso gain year in year out.
And if you want to JAPA just put it together sale it will be more than 20mlm then
Congrats bros
Alternatively
Go to empireflipper and buy already successful online business.
Re: I Just Got My Inheritance; I Need Your Advice by sotall(m): 1:54pm On Jan 24, 2022
CaptalnMitch:
I have sure 2odds you can be staking some of your inheritance on

grin grin grin
Re: I Just Got My Inheritance; I Need Your Advice by Oyiboman69: 1:57pm On Jan 24, 2022
Unibenfucker:


There's no brainer that by this year ending September , there would be a little apprection in the naira. Once dangote starts refining. Aren't you aware they just completed the mechanical works on the refinery. The fertilizer part has started producing fertilizer since last year. This September,the refinery would kick off
and you think dangote refinery Wii end Nigeria's problem by equating the dollar to naira....

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