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Nairaland Forum / Nairaland / General / Investment / What Business Can I Start With N2million? (1054 Views)
What Kind Of Company Can I Start With 30million Naira / What Business Can I Do With A 200k In Ibadan? / I Have N500k But Don't Know What Business I Could Invest In (2) (3) (4)
What Business Can I Start With N2million? by FromZeroToHero(m): 12:35pm On Dec 17, 2017 |
Happy Sunday everyone, I'm a graduate but currently into fashion (tailoring). By God's grace I have saved up to N2million but I want to leave tailoring and venture into business. please which business can I start with the aforementioned amount. Thanks |
Re: What Business Can I Start With N2million? by honestinvest: 12:39pm On Dec 17, 2017 |
FromZeroToHero: Do you know you can make 50%-100% everyday trading cryptocurrency using our quality signals and get updated in the cryptocurrency world. If you don't have an idea what Bitcoin is,then I can assure you are far behind but don't worry we got you covered and are ready to put you through and optimize profits. Take a leap into financial freedom. Take Note: The next millionaires are those who invest in cryptocurrency. Email: cryptoexperttradingsignals@gmail.com |
Re: What Business Can I Start With N2million? by kajoula(m): 12:41pm On Dec 17, 2017 |
honestinvest: trash.....All these crypto matter name risky deal 1 Like |
Re: What Business Can I Start With N2million? by Nobody: 12:43pm On Dec 17, 2017 |
Don't quit tailoring just yet, invest 1 million in bitcoin, just forget that 1 million in bitcoin wallet, then use the other 1 million to hire capable hands setting up barbing saloon, game centre and lavish foodball view centre. 2 Likes |
Re: What Business Can I Start With N2million? by nifemi25(m): 12:44pm On Dec 17, 2017 |
I will advice you go into agriculture. N.B Do your findings well before you invest in it. |
Re: What Business Can I Start With N2million? by FromZeroToHero(m): 12:47pm On Dec 17, 2017 |
honestinvest:thanks but I am not interested. 1 Like |
Re: What Business Can I Start With N2million? by dnoable08: 12:49pm On Dec 17, 2017 |
Buy Dashcoin, ethereum, Bitcoin cash, Bitcoin gold, Bitcoin core or litecoin and X5 your investment in year. Thank me later. |
Re: What Business Can I Start With N2million? by internationalman(m): 1:10pm On Dec 17, 2017 |
Open a big poultry if u wish to remain in Nigeria.. If I were u I'd been processing my Canada or America visa by now... And lastly don't dare listen to anyone saying bullshits about bitcoin or crypotrade.. 1 Like |
Re: What Business Can I Start With N2million? by Ay04z(m): 1:15pm On Dec 17, 2017 |
Buy 1.5 million naira worth of bitcoin. Dey use d 5 five hundred thousand dey chop dey change cloth. Flex dey do baba olowo. By d time u go findish d 500k. Ur 1.5 million naira worth bitcoin might have become 4 million. Or more 1 Like |
Re: What Business Can I Start With N2million? by Nobody: 2:37pm On Dec 17, 2017 |
Scrap metal recycling 1 Like |
Re: What Business Can I Start With N2million? by AdroitTee(m): 3:25pm On Dec 17, 2017 |
Go into soya business ... Thank me later |
Re: What Business Can I Start With N2million? by emmanuelewumi(m): 4:19pm On Dec 17, 2017 |
FromZeroToHero: How did you get the N2 million? I will advice you to keep on doing the legitimate thing which helped you in accumulating the sum of N2 million. I know a guy who is a teacher, but over the years he has succeeded in building an investment portfolio of close to N20 million and the guy is still teaching and also doing educational consultancy by the side. |
Re: What Business Can I Start With N2million? by samstels: 5:29pm On Dec 17, 2017 |
Spygadgets19: Can you talk more on this ? |
Re: What Business Can I Start With N2million? by honestinvest: 6:55pm On Dec 17, 2017 |
kajoula: Ignoramus is your name. You said risky when Bitcoin was $200 and you are still saying risky now that there is massive global adoption and Bitcoin is skyrocketing faster the you breath 1 Bitcoin clocked $20,000 and marked my word it would easily reach a $100,000 then $1,000,000 and you might still be saying risky. What a pity. Bitcoin(cryptocurrency) is the future of money and the faster you embrace it and ride along, it would take you to the moon and make you rich. The next generation of millionaires are those who invest in cryptocurrency. The world is changing fast, people are becoming millionaires in a flash, the earlier you realize the system is changing and utilize the better for you. TO GET RICH, IT IS NO LONGER WORK HARD BUT WORK SMART AND BE INFORMED. TAKE IT OR LEAVE IT. CRYPTOCURRENCY IS NOT PONZI!!! |
Re: What Business Can I Start With N2million? by honestinvest: 6:59pm On Dec 17, 2017 |
FromZeroToHero: You are welcome . An idea was suggested and you have made your choice. Also, always remember you are responsible for it. |
Re: What Business Can I Start With N2million? by honestinvest: 7:07pm On Dec 17, 2017 |
Ay04z: You are wise, use the 500k to establish a physical business while you invest in a good cryptocurrency like Bitcoin or ETH. As your money grow, you diversify your portfolio,invest in various other sources like the stock market and more then watch as you create massive wealth for yourself. That is the simple secret. 1 Like |
Re: What Business Can I Start With N2million? by emmanuelewumi(m): 7:15pm On Dec 17, 2017 |
FromZeroToHero: Please don't invest in what you don't understand, no matter how lucrative it appears now. As a matter of fact avoid all high yield investment program. |
Re: What Business Can I Start With N2million? by Fxmanager(m): 9:13pm On Dec 17, 2017 |
FromZeroToHero: We are here for you. Your #2,000,000 can currently give you an average of #100,000+ monthly return investing with us after performance fees. And if you want an average monthly return of more than #1,867,919 after 60 months(5years) of your investment with us, you can do so using compound interest in your investment with us. This means after 60 months(5years) of your investment with us using compound interest, you will be getting an average monthly interest/income of more than #1,867,919 assuming you decide to start withdrawing your monthly interest. This will be possible as long as we stay under our working risk of 5-10% of your capital, and the maximum permissible risk of 30% to your capital. Note: we are doing everything possible to stay under 10% risk to our potential investor’s capital. At 5% average monthly returns using compound interest without withdrawing funds from your account, your #2,000,000 will grow to more #37,358,372+(#37million plus) in 60months(5years time). How is it possible to turn #2,000,000 to #37,358,372+(#37million plus) in 60months(5years time)? It is possible through the power of compound interest as explained below. Compound interest is the concept of adding accumulated interest back to the principal sum, so that interest is earned on top of interest from that moment on. The act of declaring interest to be added to the principal is called compounding.(I.e you decide to add the earned interest to the initial principal in the investment going forward) Monthly compound interest formula We are using monthly here ,since we are talking of monthly returns. The formula for Monthly compound interest, including principal sum, is: A = P (1 + r/n) (nt) Where: A = the future value of the investment, including interest(returns) P = the principal investment amount (the initial deposit amount) r = the monthly interest rate(returns) in decimal. n = the number of times that interest is compounded per month (in this case once or one time) t = the number of months the money is invested Note that this formula gives you the future value of an investment, which is compound interest plus the principal. Should you wish to calculate the compound interest only, you need this: Total compounded interest = P (1 + r/n) (nt) - P Or simply Total compounded interest =A-P Let's look at an example Compound interest formula (including principal): A = P(1+r/n)(nt) If an amount of #2,000,000 is invested with us and we return a monthly interest rate (returns) of 5%, the value of the investment after 60months (I.e 5 years) can be calculated as follows... P = #2,000,000. r = 5/100 = 0.05 (decimal). n = 1 (since we are compounding it once a month. t = 60. If we plug those figures into the formula, we get: A = #2,000,000(1 + 0.05 / 1) ^ (1(60)) = #37,358,372 So, the investment balance after 60 months (5years) is #37,358,372 Methodology Step-by-step explained, how we get the #37,358,372. This all revolves around BODMAS and the order of operations. Let's go through it: A = #2,000,000(1 + 0.05 / 1) ^ (1(60)) Using the order of operations we work out the totals in the brackets first. Within the first set of brackets, you need to do the division first and then the addition (division and multiplication should be carried out before addition and subtraction). We can also work out the 1(60). This gives us... A = #2,000,000(1 + 0.05) ^ 60 Then: A = #2,000,000(1.05) ^ 60 The exponent goes next. So, we calculate (1.05) ^ 60. This means we end up with: #2,000,000× 18.679185894122945668381742854713 = #37,358,372 You may have seen some examples giving a formula of A = P ( 1+r ) ^ t . This simplified formula assumes that interest is compounded once per period, rather than multiple times per period. We have the best currency trading team here to assist you in building your #2,000,000 to over #37,358,372 in 5years (60 months) (you will be getting an average monthly interest/income of more than #1,867,919 assuming you decide to start withdrawing your monthly interest after that) and helping you live the life you deserve even without a job. You can give us a trial. This is the best structured, secured and transparent savings/investment you will ever find in this forum. No lock up period on your savings/investments and you can withdraw or close your account anytime. Your withdrawals from our partner broker to your bank Mastercard/Visa debit card takes 2 to 4 days maximum. If you are using ecurrency payment system, it takes 5 mins to the ecurrency payment systems then you can then make instant withdrawals to your Nigerian Bank account using Nigerian trusted e-currency exchanges. You can also use Bank wire transfer. You might be interested in what we offer. We promise a target of average 5-10%+ monthly profit on your savings/investment. Funds in a secured licensed,audited and regulated financial firm. You can monitor your savings/investment anywhere you are in the world 24/7 using any internet enable device. Deposits/withdrawal are 100% controlled by the investor (We only have access to trade your account through the trading platform and not given access to withdraw). You are free to test us with any amount you can comfortably risk before saving/investing fully with us. Statement of account sent to your email daily. working risk to savers/investors capital is 5-10% risk and maximum permissible risk to savers/investors capital is 30%. Visit the link below. https://www.nairaland.com/3901897/currency-trading-journal-target-avg Visit the posts below to learn how to avoid scam and fraud. Learn to check and get the regulatory body's website to verify any company's regulatory status. https://www.nairaland.com/3925379/investments-anti-scam-fraud-guide https://www.nairaland.com/3931027/4-ways-avoid-investment-scams
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