xana101:
whats else can one do. Don’t know any other biz. Don’t want a biz that would require my presence cos I also drive on Uber and have one other biz I do. Just want to diversify for extra income by the side. If u have a better idea I’ll be glad to learn.

peeps4u:


Broz, this advice might sound odd. Seems you just want to tie the money down on a good project rather than spending it anyhow.

Why dont you buy land and forget it?

Not necessary in lagos, you might buy in your village/home town and just forget it.

You already drive on the platform and have anothe side job,


Good luck.

NYCnextStop:
you are very correct on the interest rate.

I have my 500k in Stanbic mutual fund since May 2018 and till now the interest is very minimal

For me I think mutual funds is trash

nitigriti:


You need to cite references sir. I'm sure yield data would be available on CBN website and the individual banks' year end financial reports.

But that notwithstanding, understand sir that the markets go up and down and that the true yield comes if you have something substantial to put in for the long term. That is how the rich make their money. They stay in the game for the long term. Good examples, Warren Buffet (Berkshire Hathaway), Ray Dalio (Bridgewater Associates).

In my opinion, 8 months is too short a period to judge the performance of a security. And maybe #5,000+ is too small an investment too.

Anywhere in the world, any security that can give you 10-12% sure yield every year is good enough.

AngryIgboMan:
There is no bigger business or investment in Nigeria right now than spending the money on yourself. Yes. You heard me right. Spend the money on yourself. Its better you look at yourself in months and see the effect of the money than invest it in one nonsense that is bound to fail. At least you will look fresh and wear nice things.

In Nigeria from the moment you try to set up a business, everybody will start hustling you. From your contractors to your managers down to the dealers themselves! All of them see you as the gateway to their imaginary billions!

You see most of these so called businesses you think that are successful? If they tell you what they really do behind to succeed and stay afloat, you will choose to remain poor. Am not talking about rituals or any form of diabolic thing. Nope. Thats nonsense. Am talking about the real realities of staying afloat in a hostile business environment like Nigeria. You have to be mean, ruthless and evil to succeed.

I wouldn't know how to explain this further. Strong Cartels know better.

Most people here forming jack of all trade in one business or the other don't know jack. All they know is fantansies and utopian mega successes.

In Nigeria, what most people know is how to give you juicy business proposals because you are willing to bankroll it. If you are observant, they are usually nice and sweet at the beginning. They will show you all the upsides of the proposed business without showing you the downsides.

But once they succeed in separating you from your money, the real demon in them will come out. Stories here and there. Mistakes here and there. Losses here and there. Ask them why they didn't see and state all these in the proposal they brought before. They will be looking at you like morrons.

Nigerians are very terrible in keeping promises. They take a lot of things for granted. Thats the reason why a morron will approach you to take your car and drive on Uber, wreck it in 2 weeks and still be looking at you like an imbeccile without any purpose in life.

The worst mistake you can make in business in Nigeria is to LEAVE IT TO SOMEONE TO MANAGE. It will take a very special grace and anointing to get a focused, determined person that is willing to work with you long term. Most human beings especially Nigerians are wired to be Wicked, Evil, Self Centred, Greedy and Covetous. All they know about is themselves.

I have had a friend that opened a restaurant business in Owerri. Months in Months out, losses will be turning in. I told him to mount CCTV without his workers knowing. What he discovered shocked him. Everyday, almost all his workers came with there coolers and were carting away food to feed themselves and their families. They did this in collusion with the manager who was sleeping with most of the girls there. So, how will he talk?

I wanted to suggest to him to use Gamalin 20 or Corrosive aerosols to poison them so they will die gradually. But I was serving God then. That was how this business went down.

So to the brother that has 800k, I will advise you to go and keep that money in your bank account. If you even try to buy a Nigerian used car, they may heartlessly sell a melon or snake oil to you that will pack up in months.

If you dont have any solid business idea you can establish and be managing yourself, take that money and spend on yourself. Everyday withdraw 5k and go and eat cat fish peppersoup and Nkwobi with better palm wine. Its a better investment.

When I made similar money that you have though mine is higher, I ran away immediately and setup a fish farm with 4 GEPPEE Tanks. I have enough fish that will last me for the next 10 years if I manage it well.

This quarantine period, I simply quarantine 3 catfish into my stomach everyday with 3 bottles of Gulder. What else can I ask God?

#BossLife

pope191:


... I'll encourage newly married couples to run such acct for like a year before giving birth to Felicity, but life can b funny, if u know what I mean.

confusedworld17:


Abeg make peace reign.

Felicity0001:

Pope you call my name, I was sleeping before.

As I wake I read the line 3x I no understand, I go smoke read am again I still didnt understand.

Any problem??

Let me leave this to you all to ponder about.
How many kids took after their rich parents despite all the wealth and good education?

Hey! Dont get it twisted. Do your best for your kids but it doesnt change the fact, its God that makes men not what their parent left or did for them.

pope191:


Wot ya say... We r just out here to have fun

Felicity0001:

Pope you call my name, I was sleeping before.

As I wake I read the line 3x I no understand, I go smoke read am again I still didnt understand.

Any problem??

Let me leave this to you all to ponder about.
How many kids took after their rich parents despite all the wealth and good education?

Hey! Dont get it twisted. Do your best for your kids but it doesnt change the fact, its God that makes men not what their parent left or did for them.

Felicity0001:

Alakoba!!!
Parol dolla!!!

Chia!!!

Felicity0001:

How are we sure you re not having "fun" with those lovely and beautiful virgin sisters that called themselves "sisters" abi na mothers of Mary they call them.

In the flip side.

Angryman just burst my ribs with laughter with his recent post giving us insight he's coming back to the street again just like I predicted some months ago.

The truth is, doimg a business in Nigeria and succeding is not easy at all. Even I myself I'm facing similar issue roght now with my farm. You cant find anyone you can trust to entrust anything to while you do other things in this country. Can imagine a land I sent N150k to brush one stupid manager was telling me to post another N80k for packing since some area didnt burn well. Like I'm plunking money on trees here in Lagos. This same attitude is how we in Nigeria sees every of our relatives or friends abroad.

To me ooo... Best place to invest your money in this country is agriculture but first, have a huge capital, acquire the knowledge, gather the experience then see how you rise within 5-10years.

Everybody on planet earth eats, so the market is always available.

NYCnextStop:
lolz

This man... I go like meet you for udu road someday

1daboi:
he said newly couple should set up that account before having a felicity. As in, felicity = a child. Inside life!

pope191:


I dig, but investment is relative and what u set out to achieve. If we go by logic, r u saying ur madam is making a mistake? One thing we fail to understand in certain cases is u may try 20 tins and succeed in 1, thats ur legacy.

Felicity0001:

Fortunately for you, your wife happens to be my madam.

AngryIgboMan:
There is no bigger business or investment in Nigeria right now than spending the money on yourself. Yes. You heard me right. Spend the money on yourself. Its better you look at yourself in months and see the effect of the money than invest it in one nonsense that is bound to fail. At least you will look fresh and wear nice things.

In Nigeria from the moment you try to set up a business, everybody will start hustling you. From your contractors to your managers down to the dealers themselves! All of them see you as the gateway to their imaginary billions!

You see most of these so called businesses you think that are successful? If they tell you what they really do behind to succeed and stay afloat, you will choose to remain poor. Am not talking about rituals or any form of diabolic thing. Nope. Thats nonsense. Am talking about the real realities of staying afloat in a hostile business environment like Nigeria. You have to be mean, ruthless and evil to succeed.

I wouldn't know how to explain this further. Strong Cartels know better.

Most people here forming jack of all trade in one business or the other don't know jack. All they know is fantansies and utopian mega successes.

In Nigeria, what most people know is how to give you juicy business proposals because you are willing to bankroll it. If you are observant, they are usually nice and sweet at the beginning. They will show you all the upsides of the proposed business without showing you the downsides.

But once they succeed in separating you from your money, the real demon in them will come out. Stories here and there. Mistakes here and there. Losses here and there. Ask them why they didn't see and state all these in the proposal they brought before. They will be looking at you like morrons.

Nigerians are very terrible in keeping promises. They take a lot of things for granted. Thats the reason why a morron will approach you to take your car and drive on Uber, wreck it in 2 weeks and still be looking at you like an imbeccile without any purpose in life.

The worst mistake you can make in business in Nigeria is to LEAVE IT TO SOMEONE TO MANAGE. It will take a very special grace and anointing to get a focused, determined person that is willing to work with you long term. Most human beings especially Nigerians are wired to be Wicked, Evil, Self Centred, Greedy and Covetous. All they know about is themselves.

I have had a friend that opened a restaurant business in Owerri. Months in Months out, losses will be turning in. I told him to mount CCTV without his workers knowing. What he discovered shocked him. Everyday, almost all his workers came with there coolers and were carting away food to feed themselves and their families. They did this in collusion with the manager who was sleeping with most of the girls there. So, how will he talk?

I wanted to suggest to him to use Gamalin 20 or Corrosive aerosols to poison them so they will die gradually. But I was serving God then. That was how this business went down.

So to the brother that has 800k, I will advise you to go and keep that money in your bank account. If you even try to buy a Nigerian used car, they may heartlessly sell a melon or snake oil to you that will pack up in months.

If you dont have any solid business idea you can establish and be managing yourself, take that money and spend on yourself. Everyday withdraw 5k and go and eat cat fish peppersoup and Nkwobi with better palm wine. Its a better investment.

When I made similar money that you have though mine is higher, I ran away immediately and setup a fish farm with 4 GEPPEE Tanks. I have enough fish that will last me for the next 10 years if I manage it well.

This quarantine period, I simply quarantine 3 catfish into my stomach everyday with 3 bottles of Gulder. What else can I ask God?

#BossLife

Felicity0001:

Ha!!! na only hunger oooh... Make I forward my details

AngryIgboMan:
There is no bigger business or investment in Nigeria right now than spending the money on yourself. Yes. You heard me right. Spend the money on yourself. Its better you look at yourself in months and see the effect of the money than invest it in one nonsense that is bound to fail. At least you will look fresh and wear nice things.

In Nigeria from the moment you try to set up a business, everybody will start hustling you. From your contractors to your managers down to the dealers themselves! All of them see you as the gateway to their imaginary billions!

You see most of these so called businesses you think that are successful? If they tell you what they really do behind to succeed and stay afloat, you will choose to remain poor. Am not talking about rituals or any form of diabolic thing. Nope. Thats nonsense. Am talking about the real realities of staying afloat in a hostile business environment like Nigeria. You have to be mean, ruthless and evil to succeed.

I wouldn't know how to explain this further. Strong Cartels know better.

Most people here forming jack of all trade in one business or the other don't know jack. All they know is fantansies and utopian mega successes.

In Nigeria, what most people know is how to give you juicy business proposals because you are willing to bankroll it. If you are observant, they are usually nice and sweet at the beginning. They will show you all the upsides of the proposed business without showing you the downsides.

But once they succeed in separating you from your money, the real demon in them will come out. Stories here and there. Mistakes here and there. Losses here and there. Ask them why they didn't see and state all these in the proposal they brought before. They will be looking at you like morrons.

Nigerians are very terrible in keeping promises. They take a lot of things for granted. Thats the reason why a morron will approach you to take your car and drive on Uber, wreck it in 2 weeks and still be looking at you like an imbeccile without any purpose in life.

The worst mistake you can make in business in Nigeria is to LEAVE IT TO SOMEONE TO MANAGE. It will take a very special grace and anointing to get a focused, determined person that is willing to work with you long term. Most human beings especially Nigerians are wired to be Wicked, Evil, Self Centred, Greedy and Covetous. All they know about is themselves.

I have had a friend that opened a restaurant business in Owerri. Months in Months out, losses will be turning in. I told him to mount CCTV without his workers knowing. What he discovered shocked him. Everyday, almost all his workers came with there coolers and were carting away food to feed themselves and their families. They did this in collusion with the manager who was sleeping with most of the girls there. So, how will he talk?

I wanted to suggest to him to use Gamalin 20 or Corrosive aerosols to poison them so they will die gradually. But I was serving God then. That was how this business went down.

So to the brother that has 800k, I will advise you to go and keep that money in your bank account. If you even try to buy a Nigerian used car, they may heartlessly sell a melon or snake oil to you that will pack up in months.

If you dont have any solid business idea you can establish and be managing yourself, take that money and spend on yourself. Everyday withdraw 5k and go and eat cat fish peppersoup and Nkwobi with better palm wine. Its a better investment.

When I made similar money that you have though mine is higher, I ran away immediately and setup a fish farm with 4 GEPPEE Tanks. I have enough fish that will last me for the next 10 years if I manage it well.

This quarantine period, I simply quarantine 3 catfish into my stomach everyday with 3 bottles of Gulder. What else can I ask God?

#BossLife

Felicity0001:

Fortunately for you, your wife happens to be my madam.

Felicity0001:

U dis guy u don come again ba? This time what did you come with, a nose jar, alcohol base sanitizer or a hand glove because I'll make sure I box u to death this time around but will make it "slow" since I've isolation time.

A day per round

AngryIgboMan:
There is no bigger business or investment in Nigeria right now than spending the money on yourself. Yes. You heard me right. Spend the money on yourself. Its better you look at yourself in months and see the effect of the money than invest it in one nonsense that is bound to fail. At least you will look fresh and wear nice things.

In Nigeria from the moment you try to set up a business, everybody will start hustling you. From your contractors to your managers down to the dealers themselves! All of them see you as the gateway to their imaginary billions!

You see most of these so called businesses you think that are successful? If they tell you what they really do behind to succeed and stay afloat, you will choose to remain poor. Am not talking about rituals or any form of diabolic thing. Nope. Thats nonsense. Am talking about the real realities of staying afloat in a hostile business environment like Nigeria. You have to be mean, ruthless and evil to succeed.

I wouldn't know how to explain this further. Strong Cartels know better.

Most people here forming jack of all trade in one business or the other don't know jack. All they know is fantansies and utopian mega successes.

In Nigeria, what most people know is how to give you juicy business proposals because you are willing to bankroll it. If you are observant, they are usually nice and sweet at the beginning. They will show you all the upsides of the proposed business without showing you the downsides.

But once they succeed in separating you from your money, the real demon in them will come out. Stories here and there. Mistakes here and there. Losses here and there. Ask them why they didn't see and state all these in the proposal they brought before. They will be looking at you like morrons.

Nigerians are very terrible in keeping promises. They take a lot of things for granted. Thats the reason why a morron will approach you to take your car and drive on Uber, wreck it in 2 weeks and still be looking at you like an imbeccile without any purpose in life.

The worst mistake you can make in business in Nigeria is to LEAVE IT TO SOMEONE TO MANAGE. It will take a very special grace and anointing to get a focused, determined person that is willing to work with you long term. Most human beings especially Nigerians are wired to be Wicked, Evil, Self Centred, Greedy and Covetous. All they know about is themselves.

I have had a friend that opened a restaurant business in Owerri. Months in Months out, losses will be turning in. I told him to mount CCTV without his workers knowing. What he discovered shocked him. Everyday, almost all his workers came with there coolers and were carting away food to feed themselves and their families. They did this in collusion with the manager who was sleeping with most of the girls there. So, how will he talk?

I wanted to suggest to him to use Gamalin 20 or Corrosive aerosols to poison them so they will die gradually. But I was serving God then. That was how this business went down.

So to the brother that has 800k, I will advise you to go and keep that money in your bank account. If you even try to buy a Nigerian used car, they may heartlessly sell a melon or snake oil to you that will pack up in months.

If you dont have any solid business idea you can establish and be managing yourself, take that money and spend on yourself. Everyday withdraw 5k and go and eat cat fish peppersoup and Nkwobi with better palm wine. Its a better investment.

When I made similar money that you have though mine is higher, I ran away immediately and setup a fish farm with 4 GEPPEE Tanks. I have enough fish that will last me for the next 10 years if I manage it well.

This quarantine period, I simply quarantine 3 catfish into my stomach everyday with 3 bottles of Gulder. What else can I ask God?

#BossLife

Felicity0001:

Fortunately for you, your wife happens to be my madam.

1daboi:
person yab you. I even dey vex for pope but its alright I take the blame.

Felicity0001:

Round 1 just ended. Youve been knocked out!

@pope abeg channel that your advice to that guy searching4love d guy need am well well no b lie.

@calabardick; if you see d way I take chain my door with padlock enh even Jack B no go fit break am.

Felicity0001:


@calabardick; if you see d way I take chain my door with padlock enh even Jack B no go fit break am.

1daboi:
felicity giving his opinion

calabardick:


Hahahahahahahahhahahahsha....
Odikwa very safe my brother.

1daboi:
person yab you. I even dey vex for pope but its alright I take the blame.

pope191:


Boss how u take reach conclusion, u know I should not b responsible for ur understanding. Same thing u read, nah em Shollywendy read, even Felicity read em too and he no talk say I yab em

Felicity0001:


To some large extent I really want to disagree to this notion of not going into a business one dont know anything about.

As a matter of concern, is there anyone that comes into this life with a particular knowledge? Even a genius came to this world with nothing. Albert Einstein tried 999times, meaning you need to try something new, while you proceed and advance from mistakes and lessons learnt.

If this notion is true then every successful business men and women today would have had a breakthrough immediately after starting their business and a minimum of 5yrs wouldnt have been stated for profit margin.

I would like to say more but let me stop here first.