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Nairaland Forum / Nairaland / General / Family / Do I Build A Small House Now Or Keep Saving? (59651 Views)
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Re: Do I Build A Small House Now Or Keep Saving? by Care4: 10:58pm On May 01, 2020 |
covid2019: Build a rental apartment. E,g 2 apartments of 2 bedroom flat or 3 apartments of 1 bed apartment. |
Re: Do I Build A Small House Now Or Keep Saving? by momove4real25(f): 10:59pm On May 01, 2020 |
Build what can yield returns. Tenented apartment in student area or self contain. But if u are thinking of getting residential property for yourself that's a good idea too. Just ensure you verify any land you are to buy very well before you purchase so as you won't lose all ur savings. |
Re: Do I Build A Small House Now Or Keep Saving? by phorget(m): 11:00pm On May 01, 2020 |
Graxie: Any hustle nah hustle o. If u wan hustle make u talk. |
Re: Do I Build A Small House Now Or Keep Saving? by Graxie(f): 11:02pm On May 01, 2020 |
phorget:Haaa,huzzle get level, I want know if na huzzle wey make sense. |
Re: Do I Build A Small House Now Or Keep Saving? by tonididdy(m): 11:03pm On May 01, 2020 |
afroxyz:Housing should not be seen as an investment rather an income. |
Re: Do I Build A Small House Now Or Keep Saving? by phorget(m): 11:07pm On May 01, 2020 |
Graxie: Hustle wey give person 11.4m that one make sense nah. |
Re: Do I Build A Small House Now Or Keep Saving? by Poorboy: 11:09pm On May 01, 2020 |
Re: Do I Build A Small House Now Or Keep Saving? by anthonyuncle(m): 11:09pm On May 01, 2020 |
Xisnin:I think say na only me notice da lies |
Re: Do I Build A Small House Now Or Keep Saving? by covid2019: 11:09pm On May 01, 2020 |
MisterKings: Tbills are very low now. I used to do it. At a point it was 18% . That's around dec 2017. It's less than 4% now. |
Re: Do I Build A Small House Now Or Keep Saving? by dequeenishere: 11:10pm On May 01, 2020 |
Invest in real estate and thank me later. Contact me if u want to know more. 08068099896. |
Re: Do I Build A Small House Now Or Keep Saving? by anthonyuncle(m): 11:11pm On May 01, 2020 |
foodonly: I dey tell u! 11mil no be small cash o |
Re: Do I Build A Small House Now Or Keep Saving? by Graxie(f): 11:12pm On May 01, 2020 |
Poorboy:No,its better he says it here. I sure say many people dey wey want know. |
Re: Do I Build A Small House Now Or Keep Saving? by Graxie(f): 11:13pm On May 01, 2020 |
phorget:Not so true oh, ask invictus. |
Re: Do I Build A Small House Now Or Keep Saving? by Phyde: 11:14pm On May 01, 2020 |
Talk to your bank account officers about federal government bonds of about 5 years or more tenure and lock in 50% of your savings to compound your interest. Use 25% start building project and continue hustling to gradually complete it. Some smart investors don't build houses with their capitals. They build with interests from multiple investments. Good luck bro. |
Re: Do I Build A Small House Now Or Keep Saving? by Poorboy: 11:14pm On May 01, 2020 |
Graxie:That thing wey give that kind money @ just 29 years of age them no dey talk for public...... I doubt if he can say it here...... Lol |
Re: Do I Build A Small House Now Or Keep Saving? by femmy2010(m): 11:15pm On May 01, 2020 |
covid2019: Build the small house with what wont be your hustle capital and make sure you build it where you are sure you would live . |
Re: Do I Build A Small House Now Or Keep Saving? by ekpeye(m): 11:16pm On May 01, 2020 |
covid2019:Don't build residential building for rent, build stores or shops for rent. |
Re: Do I Build A Small House Now Or Keep Saving? by Graxie(f): 11:16pm On May 01, 2020 |
Poorboy:hahaha, that means comma dey. |
Re: Do I Build A Small House Now Or Keep Saving? by Billyamin: 11:17pm On May 01, 2020 |
covid2019: Push back 90% of ur total Money to the Business that gives u 11M at age of 29yrsOld... |
Re: Do I Build A Small House Now Or Keep Saving? by Poorboy: 11:17pm On May 01, 2020 |
1 Like |
Re: Do I Build A Small House Now Or Keep Saving? by Graxie(f): 11:18pm On May 01, 2020 |
Poorboy:It is well oh!!! |
Re: Do I Build A Small House Now Or Keep Saving? by Phyde: 11:22pm On May 01, 2020 |
covid2019:That was when I started too but now 3% at as when I checked last. I pray we get back our 18% in future time. |
Re: Do I Build A Small House Now Or Keep Saving? by covid2019: 11:22pm On May 01, 2020 |
jmoore:Legit sweat, to the extent that I have no social life. Austerity measures too. I didn't want the post to be long-winded, I included that part but deleted it. 3 Likes |
Re: Do I Build A Small House Now Or Keep Saving? by Sarang(f): 11:22pm On May 01, 2020 |
Build a house for rent Use 2-3m to trade stocks (learn by yourself) Diversify your income, maybe have a business Tbh just do what you love while only thinking of how to make more money. |
Re: Do I Build A Small House Now Or Keep Saving? by adexpa(m): 11:23pm On May 01, 2020 |
We have many advisers here who never tried any business before, they saw thread and decided to contribute. You said renting apartment might make you stuck, since you might move soon, if renting a house might hold you down, building a house will do worse. Building a house to live is never an asset but a liability, only those who are stable business wise build house to live. I don't think you need to build any house now since you are still contemplating on your move. I will advice you to take proper time to think and decide on your move; decide whether you want to travel or go into business/investment full time, while you are doing that you can move your money into a domiciliary account to save it against naira fall. After taking your time to decide on your move, if it is travelling good luck, but if it is investment you will need to evaluate what you are doing now if it will last, you can push your money on landed properties and continue with your current hustle while you watch your properties appreciate then continue eyeing other businesses you can invest in by the time you start selling your properties. Get stable before thinking of having your house cus you can have a good location of your choice when good money is on ground with stable business. |
Re: Do I Build A Small House Now Or Keep Saving? by Unrated900(m): 11:23pm On May 01, 2020 |
Buy a plot of land in the east there and start up something @OP anyone that advice you to build a house on nairaland here are all landlord. Do not listen to the advice of the small small boys that might tell you to open a bet9ja shop and make millions If you try that,rashidi yekini in heaven would be better than you. |
Re: Do I Build A Small House Now Or Keep Saving? by covid2019: 11:23pm On May 01, 2020 |
nextstep: interesting analysis What's per rule of 72 please? |
Re: Do I Build A Small House Now Or Keep Saving? by Poorboy: 11:24pm On May 01, 2020 |
Graxie:one guy that wanted to come back from Ghana one time like that in 2018 to marry one girl that was my close friend use to send enough money to her. Till she add billion to his name, he once called and said his friends stole his 11 million in his house ![]() ![]() But they later got married Sha hahhahhaahha. So hearing 11 million here. Lol |
Re: Do I Build A Small House Now Or Keep Saving? by Timothyoj(m): 11:25pm On May 01, 2020 |
dukeprince50: I disagree with this option brother, keeping money in the bank is of no value. Erecting a building can never depreciate. In as much it's on a land then count it appreciative.... Use the money not keeping...my opinion though |
Re: Do I Build A Small House Now Or Keep Saving? by Wickedfact: 11:26pm On May 01, 2020 |
afecgivers: Coronavirus kill you and your humor. 1 Like |
Re: Do I Build A Small House Now Or Keep Saving? by Kosoco(m): 11:26pm On May 01, 2020 |
4k a week maybe you are eating once a day though... Although as I said earlier. It depends on priority... 4K will manageable for 2days. It very unreasonable to suffocate person while you have 11m in your Account... he should tell us the truth. DCmonster: |
Re: Do I Build A Small House Now Or Keep Saving? by covid2019: 11:26pm On May 01, 2020 |
Kosoco: Lol, my friend I squat with lives in their family house, and is post grad student. I help with expenses around the house. But nobody knows I have that kind of cash because I don't brag or show off. I bought no single trousers last year 7 Likes |
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