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Nairaland Forum / Nairaland / General / Business / If You Earn 2.5m Everymonth How Do You Invest? (26918 Views)
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Re: If You Earn 2.5m Everymonth How Do You Invest? by DrCee(m): 2:17pm On Jul 09, 2023 |
Rathoreng: Bro..u dey read too much of America Authors. If you have bootstrapped a business in Nigeria, you will understand that America economy and Nigeria economy dont work on same parameters. Principles on those books works, but it need serious adaptation to apply it here and get similar results. Op is asking for a practical answer, not untested Principles. Sorry if my reply is too harsh! 8 Likes 1 Share |
Re: If You Earn 2.5m Everymonth How Do You Invest? by Nobody: 2:19pm On Jul 09, 2023 |
Kobicove: Lol,so because there are alot of Keke drivers in Lagos,means if you buy your own and wants to drive means you won't see passengers. Do you know what water business is? People make millions from this business every month,if you know the business very well. Good management is everything. The only thing is that you need alot of capital to go onto it,that's why you haven't seen people building factories everywhere. 1 Like |
Re: If You Earn 2.5m Everymonth How Do You Invest? by Nobody: 2:20pm On Jul 09, 2023 |
KingintheNorth: Chat me on Whatsapp sir,08089972896 Engineer AYODELE. |
Re: If You Earn 2.5m Everymonth How Do You Invest? by Wkaay(m): 2:21pm On Jul 09, 2023 |
Register on GPEC and upgrade to VIP 6 with 2.7m. You will earn 180k monthly for a year. See my signature for more 1 Like |
Re: If You Earn 2.5m Everymonth How Do You Invest? by Hamachi(f): 2:24pm On Jul 09, 2023 |
Purvan:it's not selling as it use to sell. Drinks have doubled in price so has fuel people would rather stay at home. I was at a club at surulere, a club that's well known to be bubling is a shadow if it old self. 1 Like |
Re: If You Earn 2.5m Everymonth How Do You Invest? by Hamachi(f): 2:24pm On Jul 09, 2023 |
engineerabj:Oga share it here! Why should he DM you? |
Re: If You Earn 2.5m Everymonth How Do You Invest? by KingintheNorth(m): 2:26pm On Jul 09, 2023 |
Wkaay: It doesn't even add up to the capital 1 Like |
Re: If You Earn 2.5m Everymonth How Do You Invest? by IbeOkehie: 2:26pm On Jul 09, 2023 |
yusufmurry: Yes. Most of those companies are in some way beholden to NNPC or DPR as JV partner or something. Nigeria is a Communist country, understand that and everything becomes clear. When you're a partner and operating a business, you may have to submit records of expenses for reimbursement. These companies reported their costs to NNPC or whoever for reimbursement. Use your imagination, I will say no more. That's how they made good profits...or maybe inordinate profits Like I said your idea is reasonable. I operated in the mining and heavy equipment industry when I moved back to Nigeria. I learned enough about Nigeria to know it's a Zoo. I wish nothing but the best for Nigeria but THE PEOPLE have been so beaten down by POVERTY and the resulting DESPERATION makes it hard for them to think properly. DrCee: Nothing harsh in your reply. It's your opinion. My opinion is that EVERY economy in every nation operates on the same principles that determine success or failure. Government flouting of economic principles MAY be profitable for some INDIVIDUALS but will definitely lead to GENERAL economic depression. The Nigerian experience with fuel subsidy is a good example. Happy Sunday to you. 3 Likes 1 Share |
Re: If You Earn 2.5m Everymonth How Do You Invest? by highchief1: 2:27pm On Jul 09, 2023 |
ednut1:most useless business. 1 Like |
Re: If You Earn 2.5m Everymonth How Do You Invest? by highchief1: 2:30pm On Jul 09, 2023 |
mrvitalis:I told someone in an earlier thread that it’s when u start some projects u will know 2m monthly is no big money.Land alone in a nice area isn’t anythg less than 20m these days. 2 Likes |
Re: If You Earn 2.5m Everymonth How Do You Invest? by obaidan: 2:30pm On Jul 09, 2023 |
KingintheNorth:What to invest in would depend on your end goal...is your goal to be wealthy or to be rich or to be very very comfortable .... do you want to vacay with ur family on yacht, do u just want to go watch UCL finals with ur children or you want to hold season ticket for ur family it depends on the goal.....however you may start with some form of real estate with proper counsel though....however if you have the drive and business energy, there's still so much money to be made from Nigerians....use tech to provide a solution.... 1 Like 1 Share |
Re: If You Earn 2.5m Everymonth How Do You Invest? by Generalgoshen: 2:32pm On Jul 09, 2023 |
newdawnlive:drop your number Let discuss more on this |
Re: If You Earn 2.5m Everymonth How Do You Invest? by obaidan: 2:34pm On Jul 09, 2023 |
Hamachi:Na criminal na...na so dem dey move....he go drag the guy go corner go dey finger im brain..the next thing that one will open thread looking for him 6 Likes 1 Share |
Re: If You Earn 2.5m Everymonth How Do You Invest? by Blossom12: 2:35pm On Jul 09, 2023 |
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Re: If You Earn 2.5m Everymonth How Do You Invest? by Heineken(m): 2:36pm On Jul 09, 2023 |
obaidan:hahahhah I tell you 3 Likes 2 Shares |
Re: If You Earn 2.5m Everymonth How Do You Invest? by Leebeedo(m): 2:36pm On Jul 09, 2023 |
I know someone that makes N12,000,000.00 monthly and would like to invest. He initially wanted to go into large-scale Catfish farming but was discouraged. |
Re: If You Earn 2.5m Everymonth How Do You Invest? by obaidan: 2:39pm On Jul 09, 2023 |
Throwback: Looooool @ Transportation..... a very big loool..even if u dey sit inside d car with ur driver 7 days a week, 24 hrs a day, 60 minutes an hour, 60 seconds a minute, 1000 milliseconds a second, somehow it will still end In premium tears 5 Likes 1 Share |
Re: If You Earn 2.5m Everymonth How Do You Invest? by SPAMBOX7: 2:40pm On Jul 09, 2023 |
KingintheNorth:Tell your friend to message me. He won’t even need to be here. Na make he get person wey go deh monitor and report to him that’s all. |
Re: If You Earn 2.5m Everymonth How Do You Invest? by Gerrard59(m): 2:40pm On Jul 09, 2023 |
ednut1: Then I missed out on the latest creation of new universities. I cut my losses. |
Re: If You Earn 2.5m Everymonth How Do You Invest? by henrimoto(m): 2:43pm On Jul 09, 2023 |
Rathoreng:....can you please direct me to the above thread |
Re: If You Earn 2.5m Everymonth How Do You Invest? by IbeOkehie: 2:45pm On Jul 09, 2023 |
Re: If You Earn 2.5m Everymonth How Do You Invest? by Ajibbbbbb: 2:45pm On Jul 09, 2023 |
KingintheNorth:glve me a job or #50k to repalr my system, or make me your manager. l have a lot of dem for you slr, money ls my lssue |
Re: If You Earn 2.5m Everymonth How Do You Invest? by mrvitalis(m): 2:47pm On Jul 09, 2023 |
highchief1:20 million definitely not Abuja, Lagos or anywhere in South East Port Harcourt yes if u are lucky 20 million today is not 20 million 10 years ago... 10 years ago it was 4 million 2 Likes |
Re: If You Earn 2.5m Everymonth How Do You Invest? by LEGHEND(m): 2:48pm On Jul 09, 2023 |
KingintheNorth: Come to abuja and open a mad restaurant...abuja no get better restaurant....especially this kubwa area....you will make millions...DM ME...08166669889..for more updates |
Re: If You Earn 2.5m Everymonth How Do You Invest? by doneback04: 2:52pm On Jul 09, 2023 |
You invest via sporting bet |
Re: If You Earn 2.5m Everymonth How Do You Invest? by DaddyGngeess(m): 2:57pm On Jul 09, 2023 |
You are talking about monthly salary of 2.5m not the total capital saved for business, so you have to save more money b4 going into any business in Nigeria, opening a business in Nigeria without ones present to monitor it forget it abeg |
Re: If You Earn 2.5m Everymonth How Do You Invest? by Baolak(m): 3:00pm On Jul 09, 2023 |
KingintheNorth:You can invest in Edible and Medicinal mushroom production business, its very lucrative with foreign export prospects. |
Re: If You Earn 2.5m Everymonth How Do You Invest? by bukatyne(f): 3:01pm On Jul 09, 2023 |
KingintheNorth: Why do you guys living abroad convert your earnings into Naira when you spend Dollars/ Pounds or Euros? How much is your disposable income in your currency after all your expenses? Then you can convert to Naira in the current rate to know how much you can invest in Nigeria. Besides, why do you want to invest in Naira when everyone who can gather small change is investing outside the country? Except you want to invest here for someone/people to manage & own in Nigeria, your funds would keep depreciating. 2 Likes 1 Share |
Re: If You Earn 2.5m Everymonth How Do You Invest? by Tinyemeka(m): 3:06pm On Jul 09, 2023 |
IbeOkehie: Hi. Like where? |
Re: If You Earn 2.5m Everymonth How Do You Invest? by Ilerioluwa02: 3:08pm On Jul 09, 2023 |
Don't try it. The naira devaluation will ruin your investment! Talking from experience 3 Likes 1 Share |
Re: If You Earn 2.5m Everymonth How Do You Invest? by bukatyne(f): 3:10pm On Jul 09, 2023 |
Acidosis: I tire o! 1 Like |
Re: If You Earn 2.5m Everymonth How Do You Invest? by mapist(m): 3:11pm On Jul 09, 2023 |
KingintheNorth: DEFINITELY! Build me a house FIRST....because of the flexibility and stability it comes with. |
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