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Re: Which One Should I Go With 1.5m by Techcrunchng(m): 11:41pm On Jun 17, 2023 |
talented321:Never you venture into betshop because you'll definitely regret it because your money will be wasted! It's not as lucrative as it was before, your weekly expenses will be way higher than your commission! |
Re: Which One Should I Go With 1.5m by talented321: 11:43pm On Jun 17, 2023 |
Thanks Techcrunchng: |
Re: Which One Should I Go With 1.5m by KingAzubuike(f): 12:19am On Jun 18, 2023 |
Nazgul:It's unfortunate many people dont know how fixed deposits works. That's how one was preaching to me if I invest so so amount I'll get bla bla in just 3 months. Let's say you invest 1M. 12% per annum of 1 million will give you 120k. If you decide to fix for 3 months that'll be 120÷12 × 3. That's 30k for 3 months. It doesn't make sense if you ask me. If you invest 5M that's 150k in 3 months. Fixed deposit na rubbish. Many banks won't even give you up to 12%. The highest is access and its about 8-9% or so. Its the fintechs like fairmoney or renmoney that gives up to 20% . 1 Like |
Re: Which One Should I Go With 1.5m by izonborn098(m): 6:34am On Jun 18, 2023 |
It is a good idea op but i prefer the bar and restaurant, just add small thing and open am average one plus your farming you will enjoy it. |
Re: Which One Should I Go With 1.5m by izonborn098(m): 6:34am On Jun 18, 2023 |
We learn everyday KingAzubuike: |
Re: Which One Should I Go With 1.5m by emmy512(m): 12:39pm On Jun 18, 2023 |
Nazgul: Your comment suppose be full post sef to enter front page. Cos most people don't understand how all this Fixed deposits and interests work. 1 Like |
Re: Which One Should I Go With 1.5m by blujoi(m): 1:07pm On Jun 18, 2023 |
How much should one budget for a standard bar with the facilities you just listed. I’m interested Nazgul: 1 Like |
Re: Which One Should I Go With 1.5m by talented321: 1:11pm On Jun 18, 2023 |
My g answer this one. blujoi: 1 Like |
Re: Which One Should I Go With 1.5m by Nazgul: 5:48pm On Jun 18, 2023 |
Puss360:He said he wants to invest the money on a side Hussle, at least that's what I read. If someone comes to you for advice on what kind of business he should set up with 1.5m would you tell him to keep it as extra cos of emergency? He already has a farm and is looking for an alternate source of income, the best we can do direct him on how to get one. |
Re: Which One Should I Go With 1.5m by Nazgul: 5:59pm On Jun 18, 2023 |
KingAzubuike:Thank God you understand what I'm trying to say. The truth is you can never make any reasonable profit from the bank. It's literally impossible. Their fixed deposit is just a means to get high profile people to make huge deposits for them to trade with, and you're even right no bank would give you an interest rate of 12%. As for the fintechs, I can't even advice anyone to fix 5m there regardless of how high their rate is, reason being that CBN can easily withdraw their license, or bring up a new policy that can permanently restrict them from operations, or a corrupt manager can defraud them and abscond with the money. If you happen to have fixed your money there, and any of the following happens, what then, most of them don't even have a physical address, so how do you recover back your money? What I use most of them for is to pay bills...I don't keep huge sums of money there cos it's not safe. |
Re: Which One Should I Go With 1.5m by izonborn098(m): 6:07pm On Jun 18, 2023 |
Nazgul:thanks for this information |
Re: Which One Should I Go With 1.5m by Nazgul: 6:12pm On Jun 18, 2023 |
blujoi:Depending on you location. If it's somewhere like Lagos, you should have at least 5m. 2 Likes |
Re: Which One Should I Go With 1.5m by izonborn098(m): 6:17pm On Jun 18, 2023 |
But i believe 4m fit work for bayelsa here. Nazgul: |
Re: Which One Should I Go With 1.5m by Nazgul: 6:27pm On Jun 18, 2023 |
izonborn098:Possibly...cos labour would definitely be cheaper than Lagos. |
Re: Which One Should I Go With 1.5m by izonborn098(m): 6:29pm On Jun 18, 2023 |
Nazgul:kk |
Re: Which One Should I Go With 1.5m by blujoi(m): 11:39pm On Jun 19, 2023 |
Alright. Thank you. I’ll keep in touch when I’m ready to set up. Nazgul: |
Re: Which One Should I Go With 1.5m by talented321: 4:59am On Jun 20, 2023 |
izonborn098:izonborna how far na |
Re: Which One Should I Go With 1.5m by talented321: 12:53pm On Jun 25, 2023 |
Phone is cheap does not mean you should come to social media and type nonsense. |
Re: Which One Should I Go With 1.5m by Puss360(f): 4:06pm On Jul 28, 2023 |
talented321:I didn't know it was you who posted this earlier o... If the money still dey, bring come lemme take you to where u will enjoy life😜😜😜 |
Re: Which One Should I Go With 1.5m by talented321: 4:08pm On Jul 28, 2023 |
Where is that?[quote author=Puss360 post=124719977]
I didn't know it was you who posted this earlier o...
If the money still dey, bring come lemme take you to where u will enjoy life |
Re: Which One Should I Go With 1.5m by Puss360(f): 4:09pm On Jul 28, 2023 |
talented321:Check the original post |
Re: Which One Should I Go With 1.5m by talented321: 4:16pm On Jul 28, 2023 |
Your comment get 8likes
U are walking in bank right? Puss360: |
Re: Which One Should I Go With 1.5m by Puss360(f): 4:19pm On Jul 28, 2023 |
talented321:Lol... |
Re: Which One Should I Go With 1.5m by talented321: 4:23pm On Jul 28, 2023 |
I didn't know u are the one by then'' u have a kind gesture sha. Pls are u working in bank'' i want to know something from u biko Puss360: |
Re: Which One Should I Go With 1.5m by Puss360(f): 4:25pm On Jul 28, 2023 |
talented321:No.. but if you have any questions about banking, call your bank customer care... Any information I give you, it might not be up to date with CBN policies... |
Re: Which One Should I Go With 1.5m by talented321: 4:29pm On Jul 28, 2023 |
Madam this is not about customer care issue'' anyways no wahala. With My Handsome Weed'' While zino keep the vibe going. Puss360: |
Re: Which One Should I Go With 1.5m by Puss360(f): 4:48pm On Jul 28, 2023 |
talented321:Okay.. lol |
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