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Nairaland Forum / Nairaland / General / Family / Do I Build A Small House Now Or Keep Saving? (59645 Views)
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Re: Do I Build A Small House Now Or Keep Saving? by ehisforever24(m): 11:52pm On May 01, 2020 |
Pavicx:the best advise |
Re: Do I Build A Small House Now Or Keep Saving? by Happyguy201: 11:53pm On May 01, 2020 |
TwistedInsane: greedy bastard u don already spoil your chances . how can u ask op to transfer 50k for u weda na joke or u mean u still fork up. make hunger wire u wella 3 Likes |
Re: Do I Build A Small House Now Or Keep Saving? by dayorich: 11:55pm On May 01, 2020 |
Super story. Submit your script to Nollywood. You had better confessed that you are a Yahoo! plus boy... |
Re: Do I Build A Small House Now Or Keep Saving? by GiftcardandBTC(m): 11:55pm On May 01, 2020 |
Build house and use the rest to continue your business. That's the best advice |
Re: Do I Build A Small House Now Or Keep Saving? by iamclime(m): 11:55pm On May 01, 2020 |
dukeprince50:As much as I agree with some of your submissions, let me point out that real brick houses are still in style, for those who know the value. Real bricks, baked bricks I mean. They are even costlier than block houses. Ask any brick mason. 1 Like |
Re: Do I Build A Small House Now Or Keep Saving? by covid2019: 11:55pm On May 01, 2020 |
CeeManCollins: I foot many bills there. In fact the last small renovation cost me circa 200k. I buy food stuff too, gas, run errands etc. It's a family house . No rent is paid. The only thing is that I have no girlfriends, no social life and no show off. 1 Like |
Re: Do I Build A Small House Now Or Keep Saving? by BuTiku2019: 11:55pm On May 01, 2020 |
MAY GOD DELIVER ME FROM THESE TYPE OF PEOPLE In 2007 - 2008, a friend of mine squatted in my place for over a year. Guy was feeding off me. I was paying the rent. I was doing everything, including the DSTV subscription etc. I only got to know how poor this dude was when the financial crises happened and the values of shares fell flat. This guy had more than 6 million naira worth of shares. Guy was squatting with me, and using his own money to invest. This OP is that kind of person. You have a car. You have over 10 million in savings. But you choose to squat with someone else. You think its sense? Its Greed. I absolutely detest these kinds of people. 7 Likes |
Re: Do I Build A Small House Now Or Keep Saving? by TwistedInsane: 11:56pm On May 01, 2020 |
Happyguy201: Cool it dude. I was kidding with the amount. Don't get so cranky about it. I'm not expecting him to just wire me 50k just like that nah... when him no pick am for ground. OP, abeg no vex o! Na joke I dey. Any amount would help. I just wanna survive... |
Re: Do I Build A Small House Now Or Keep Saving? by yemkoguru(m): 11:58pm On May 01, 2020 |
ehisforever24:I tell you man 5mil is enough to build depending on location though he can still reserve a certain amount and continue hustling after settling down 2 Likes |
Re: Do I Build A Small House Now Or Keep Saving? by dukeprince50: 12:00am On May 02, 2020 |
iamclime:Im talking about the brick designs of the 90's. Sky scraper is just a block house with so many glass, they are all block houses but u don't compare the designs, in the future, we will have more design of sky scraper. As a young man, building a residential house is a no no for me, cos in the next 30yrs, that design will be tasteless |
Re: Do I Build A Small House Now Or Keep Saving? by covid2019: 12:01am On May 02, 2020 |
gfullmoon: Squatting is still the word. Maybe I should have said living not squatting, Its 4 rooms and parlor family house. Only 2 siblings at home. There is an empty room I use. In fact, I have access to everywhere. . .I spend money there too. I foot many bills there. In fact the last small renovation cost me circa 200k. It's a family house . No rent is paid. 1 Like |
Re: Do I Build A Small House Now Or Keep Saving? by flexyrule(m): 12:01am On May 02, 2020 |
tot:That should be 10m for the year = 83k monthly. |
Re: Do I Build A Small House Now Or Keep Saving? by Diamondplus1805(m): 12:02am On May 02, 2020 |
Buy land , build your house now , build apartment , before inflation does more damage to the Savings. |
Re: Do I Build A Small House Now Or Keep Saving? by glipmse: 12:02am On May 02, 2020 |
Sa2ruis: Please can you share the verified apps that allows you to buy US and China stocks from Nigeria? Thanks. 1 Like |
Re: Do I Build A Small House Now Or Keep Saving? by engronwe22: 12:02am On May 02, 2020 |
Building a house now is not the best option, look for a nice business and invest, you can go into importation, like Turkey, Eroup and buy goods and come back, before you know it, you will count in more millions, building house now will tie your money down. And if care is not taken, your business will start shaking. 1 Like |
Re: Do I Build A Small House Now Or Keep Saving? by sheunsheun(m): 12:03am On May 02, 2020 |
Pavicx: This man here is right. The question is do you want to just live the life or you want to be a Dangote? When i started my house, i don't even have a million. Today i am living comfortably in it and its a beautiful small place. I am happy and enjoying my life. Op just take a step, you will be surprised you might not even spend much from your 11m. The returns on your hustle will build your house. I have never had 10m in my acc but i am worth far more than that now. I believe you are a wise man, it's why you can make such at this age. You are 2 years older than me btw 4 Likes |
Re: Do I Build A Small House Now Or Keep Saving? by yemkoguru(m): 12:05am On May 02, 2020 |
sheunsheun:wow |
Re: Do I Build A Small House Now Or Keep Saving? by covid2019: 12:06am On May 02, 2020 |
dayorich:Took me 6 years of exacting work coupled with austerity measures to get here. I have no girlfriends. No social life and don't brag or show off. You don't need to believe anyway as it will change nothing. 4 Likes |
Re: Do I Build A Small House Now Or Keep Saving? by Hightser: 12:09am On May 02, 2020 |
Needy19: Guy, how far na, I need accommodation at island oh, you no go help me? I do Uber BTW and the mainland is not a target market. |
Re: Do I Build A Small House Now Or Keep Saving? by covid2019: 12:13am On May 02, 2020 |
BuTiku2019: [b] Don't tar everyone with the same brush. Squatting is still the word. Maybe I should have said living not squatting, Its 4 rooms and parlor family house. Only 2 siblings at home. There is an empty room I use. In fact, I have access to everywhere. . .I spend money there too. I foot many bills there. In fact the last small renovation cost me circa 200k. It's a family house . No rent is paid. The friend is a post grad student and rarely stays at home. .It would have been cheaper for me to stay alone. He drives my car. In fact, I taught him how to drive. I buy gas, foodstuff etc. Only if you knew how much I hate to beg, let alone letting people feed me I started this hustle in school. It took me 6 years. I was able to save due to frugal nature. I don't show off, I don't brag. I even stated that my car is rickety valued at 350k. If I was proud person, maybe I would have bought Camry to chase girls. I suffered so much growing up. You may not understand. I feel like crying typing this. [/b] 6 Likes 1 Share |
Re: Do I Build A Small House Now Or Keep Saving? by youngzeal1: 12:14am On May 02, 2020 |
covid2019:bro if ur in enugu.. plz hit me up 08032916720 |
Re: Do I Build A Small House Now Or Keep Saving? by covid2019: 12:14am On May 02, 2020 |
BuTiku2019: Don't tar everyone with the same brush. Squatting is still the word. Maybe I should have said living not squatting, Its 4 rooms and parlor family house. Only 2 siblings at home. There is an empty room I use. In fact, I have access to everywhere. . .I spend money there too. I foot many bills there. In fact the last small renovation cost me circa 200k. It's a family house . No rent is paid. The friend is a post grad student and rarely stays at home. .It would have been cheaper for me to stay alone. He drives my car. In fact, I taught him how to drive. I buy gas, foodstuff etc. Only if you knew how much I hate to beg, let alone letting people feed me I started this hustle in school. It took me 6 years. I was able to save due to frugal nature. I don't show off, I don't brag. I even stated that my car is rickety valued at 350k. If I was proud person, maybe I would have bought Camry to chase girls. I suffered so much growing up. I left those details to reduce length of post. You may not understand. I feel like crying typing this. 4 Likes |
Re: Do I Build A Small House Now Or Keep Saving? by Hightser: 12:14am On May 02, 2020 |
covid2019: Guy, wetin u dey do, I dey shame for myself, same age, graduates too, please tip me na, what's the way? 1 Like |
Re: Do I Build A Small House Now Or Keep Saving? by topsquino(m): 12:18am On May 02, 2020 |
covid2019: My friend and I are just discussing this. My friend bought a land 4 years ago in lagos for 2 million naira. Today the land is valued 4 million naira. Now let's look at the naira value. When he bought it, $1 was 200, meaning he bought it $10,000 (2 million / 200). Today, 1 $ is about 430 naira. This means the value of the land in dollars is $9302 (4 million /430). As you can see, he is even better off saving his money in dollars than even buying the land in the first place . If you need more concrete advice, let me know so that I won't be wasting my time typing here. 13 Likes |
Re: Do I Build A Small House Now Or Keep Saving? by covid2019: 12:20am On May 02, 2020 |
topsquino:Interesting analysis I need advice please. Kindly help. 2 Likes |
Re: Do I Build A Small House Now Or Keep Saving? by amaniro: 12:20am On May 02, 2020 |
covid2019: You don't necessarily need to travel abroad to figure out your life I always say this. Buy the plot of land.. It's not that cost in eastern region at least not compared to Lagos and Abuja.. Build your personal house. My dad told me you can lose everything in life but not your house. Build your residential house.. Then if there is space remaining in the compound, don't live alone put house up for rent or tenancy. Then the rest of the change remaining you can invest in other resources business like agriculture. Time for masters will come after you finish realising all your money from your investment though it sounds easy but it's not.. You've figured out your life like that. 11million is big money, don't squander it and don't buy car. I know people that misplace priority. House is more important than a car! 3 Likes |
Re: Do I Build A Small House Now Or Keep Saving? by SaintCaleb: 12:21am On May 02, 2020 |
Invest in forex exchange or crypto currency |
Re: Do I Build A Small House Now Or Keep Saving? by adeodunsimilolu(f): 12:23am On May 02, 2020 |
Has several people have advised, buy a piece of land. But I'd advise you hold on the building, houses depreciate but land appreciates. And invest in a business or stocks and shares. Meanwhile, I work with a real estate company into Agro to Homes project development investment where you can buy a piece of land at a very affordable rate in a promising environment. Not just affordability, we be in charge of the cultivation and sales of the crops at no fee, just a little percentage of the profit as our reward. So, your land earns you money while it appreciates. Just a piece. Feel free to send me a mail for more information should you be interested. 1 Like |
Re: Do I Build A Small House Now Or Keep Saving? by Nobody: 12:23am On May 02, 2020 |
covid2019: Bull crap |
Re: Do I Build A Small House Now Or Keep Saving? by Nobody: 12:24am On May 02, 2020 |
Donald3d: U created that bullcrap up dere |
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