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How Do I Invest N1 Million?

Hi Everyone, I need an advice on the type of business to invest in with 1million naira.I'm an unemployed graduate and so I need to invest the money wisely.Please I need your sincere advice. Thank you for your response

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Hello kaycedwins. How are you doing? I know with 1m u will be very worried so that the money will not slip through your fingers. I have a very nice idea for you, its something i have tested and trusted. I am an international businessman, i borrow money from people, use it in my trade and return after 36 days(one month) with interest. I'll advise you not to part with all your money at once, but rather look and learn. And when u feel u are faced with an opportunity, make a wise decision because opportunity waits for no one. the benefit your money will give me is to enable me expand my business empire! But with 1m borrowed, i pay back 1.35m( u'll have 350,000 as your interest together with your initial capital of 1m). If u're convinced, feel free to contact me with my mail address (pentaneis5@gmail.com), or call me on my phone number: 08061101810. Be prepared to bring a witness or referee, while i bring mine also. Its gonna be a legalized written document with signatures. Remember, no work will be required from u, all u need to do is just to sit back and watch your money grow! This information is not just for kaycedwins alone, but to all members of nairaland. U're all welcomed.

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@ Altima

What you are asking Nairalanders to invest in is a well planned, mischieviously orchestrated Madoff scheme designed to defraud the naive and the gullible!

What the hell do you people do that will guarantee you returns to the end that you can pay 200% interest in 14 days and still break even?

My take on your post is , Caveat Emptor!

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check this post please http://www.nairaland.com/nigeria?action=profile;u=505997;sa=showPosts

you can also contact me on clubwooley@yahoo.com that is my personal e mail thanks.

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Hi, why can't you go for fueless generator this is a new business in Nigeria now, or car tracking business you will come for training and go and do it for people live and direct you will also be ur own boss of ur company, so simple.

Enquires call : 08077696357 or 07064208477 Enqnr OLA.

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The lady asked for advise, only few could give her a reasonable yet suicidal investment ideas. I have more than 1 million to invest and was hoping to read a reasonable post on here, but true to naija nature all we ended up achieving was nothing. I hope the poster has being able to invest her money wisely becos its being almost 10 months this thread was started.

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First of all i want to ask you want are the things that you are interested in and also try and avoid get rich quick methods and also try and avoid scammers if you want a private talk on how to avoid scammers and any issue relating to scam then send me an e-mail to kingsleykaluogbiti@gmail.com i will be glad to hear from you.

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YOU CAN INVEST IN EITHER AGRICULTURE OR OIL AND GAS

Check these sites for futher information on these two businesses

www.geocities.com/goldbergglobal/agricventure

www.geocities.com/goldbergglobal/oilandgas

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Go and put your one million naira on fixed deposit till you think of what you can use the money for because it risk free investment, when your brain mature enough then you can use it for what you want to do, time will help you think better

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@ jay bee,

Who is a wanna be trader? Man, dont talk poo on everyone aiight?

Let the market go wherever the hell it likes to go, my machine dont give a mess where it goes. Equity will still be intact by the end of the month with profit.

One of those Jamb questions that has been making me to hide this thing all this while!

Love you.

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@ jay bee,

Let the market go wherever the hell it likes to go, my machine dont give a Bleep where it goes. Equity will still be intact by the end of the month with profit.

One of those Jamb questions that has been making me to hide this thing all this while!

Love you guys.

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lol, very funny. all i can say is ' d more u knw the more there is to knw' so just maybe u dont knw much about fx dan u think u knw!!!!

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Y'all wannabe traders, what happens if the poster decides to go with one of you guys and bang market spirals outta control against your predicted direction (and pls don't come back with your stop loss or range trading bull poo)?

Are you going to guarantee the poster 100% moneyback?

@ Post

You can never go wrong with buying and selling so long you treat/practice the law of demand and supply with maximum care.

If you don't have any idea your best bet is to save the money in the bank as TKB (who works in an investment coy and probably be the best to advice you on how best to maximise return on initial investment) suggested.

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really i dont understand why so many people beliv forex is very risky.

i think the reason is because pple find something outside of themselves to blame for their failures, dats y a lot of pple dat have delved into it n got burnt are the ones propagating these lies.

dont get me i wrong, i have also been burnt n i still gat some setbaks due to my venture into fxtrading, but i neva for once blamed it on it being to risky or it being a scam.

my major downfall had been due to greed n indiscipline, simple.

now let me burst ya bubbles: do u knw dat forex trading is about d only biz u can predetermine your risk before u venture into it? so tell me wat is so risky about a biz, u can determine wat u r willing to loose before u even set up a trade

for example if i have a million naira, i can decide before seting up a trade dat its only a max of 1% or even 0.5% of dat money i wanna loose on a trade, so dat determines d size of my trade. now tell me wats so risky about loosing 1% of 1m. whereas most other biz, u just go into it n hope nothing goes wrong.

mastering fx takes time, n ive had my share of ups n downs, bt things are certainly looking brighter

u knw i once read an article dat it takes about 3year to be a succesful fx trader n i laughed at d article dat it wont apply to me, guess wat ! this is my 3rd year n i can now c d words of wisdom in it!!! especially if u r like me n learn d ropes all by yaself without a personal mentor, and pleeease, i dont mean all those yeye half baked seminars pple organise everywhere.

d major problem is with fx is not dat its risky or whateva, its simple human psychological problems. i always tel pple if u think u r a disciplined n hav a good graps of ya emotions,dem come n trade fx, it will redifine discipline for u.

d long n short of it is if u can master fx, u generally become a better person.

for naijas out there dat hav d courage u r welcome, but dont give up easily, start small n keep at it. one day like me, u will begin to c d light at d end of d tunnel, and remember, always take sole responsiblity n blame for ya short comings, dont blame anyone else or any process.

@ poster, i hope u find something useful to do with ya dough, n i hope u gain some insight from all d comments made here, peace to all

name any biz

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why do u say it's stressful? i ask b/c my cousins (2 of them) and very good friend want to start shpping perfumes and bras back home to sell

can u say how much a good bra should go for in nigeria?

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@

its brave of you wanting to launch out on your own, but i must warn u, the investing comes with his own set of challanges though, but in the long run its worth it.

1m naira is a good sum of money, since you asked for advice let me give u mine:

1. wateva it is you wanna invest in, please start small. probably not more than half of the capital in question (1m) so if something goes wrong, u can always have something to fall bak on.

2. dont put all ya eggs in one basket, sometimes wen just starting out u need to try several small things which may help you. multiple streams of income is the 'word' here.

3. this is a public forum n most of us have had experience of being duped before on public forum such as these. so b careful of giving actual cash to anyone from this forum.

out of the various biz/investments im involved in, i think forex is the one i can recommend to you due to the following reasons:

1. you can start small, as low as $1k (about 170k naira) although d more d merrier but starting small with a new biz is more sensible. so you still have the bulk of your money to do other investments

2. you dont have to give your cash to anyone, if you are interested, i can help you setup an account with a broker through your bank, no third party involved, dat way you dont pay into my account or give me any money. once i guide you into setting up the account and the account is ready, i can help you to make the trade calls and we split the profit after you make a withdrawal.

3. it wont take long before you know if the biz is profitable or not. if after 1month you dont like returns you get, you can quickly liquidate your investment and move on. so you are not stuck with a fixed asset you may not need anymore

4. forex is recession proof bizness. global meltdown cannot affect forex trading biz

hope this helps. u can reach me on 07026785884

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@ wooleyboi

I sent you an e-mail, hope to hear from you soon

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Carry out feasibility study on any biz you know & seek for advice from your Lawyer,finanical advier & do a test & market research b4 engaging in biz.

you must consider so many thing investing or starting new biz,

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can u afford to buy a truck and and start a haulage business. i work in the ports. you will get a old fiat truck, rent body on it and start a haulage business. you will be make N450000k monthly. you will get N20000 daily every week. that is N480000 monthly. you can mail me on olajidetobiloba@yahoo.com or call me on 08028292956. i will teach how to do it. i work in the ports and i have a truck that i have been maintaining for the past 9 months. i am just giving you this jist because i know you are an undergraduate.

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invest in ladies wears and cosmetics, quite stressful but surely benefitting

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