Jasz
VIP Contributor
There are investment areas where you can make a lot of money, but they always come with risk. You might lose some or most of your capital. On good side, you can make a lot of money, about 45% return of investment. When it comes to Crypt I currencies and NFTS, because they are more susceptible to market manipulation and there are not enough regulatory frameworks in the world to regulate them just like security and exchange commission regulating the stock market or financial service authority in the united kingdom regulating the financial market. Cryptosystem is getting better regulated in the United States.
Real estate works with location. Real estate is fixed to a location. You can't acquire any in the USA then move it to Ghana or Nigeria. Investing in real estate in London, Paris, Atalanta, New York or Miami is good. They are good locations because the economy is flourishing and they have a good housing market.
However, as a Nigerian, investing in real estate estate is fair but not a good business idea. Forget about real estate agents and their strategies. They tell you it's good idea just because of the commission they want to make. It's just like going to buy footwear in a fashion shop, then you ask the owner if a particular footwear looks great on you. It takes magic or a clear conscience to say no.
Due to inflation, investing in real estate in Nigeria or similar country is not advisable. You rather invest in markets like crude oil, sugar, cocoa etc.
You can buy gold in Nigeria and transport to New York, you can buy Coffee in Africa and export to Germany. Germany makes twice the amount of money than we do on this product.
If you are from Nigeria, Tanzania, Ghana, Thailand and more, the best place to invest is in the US stock exchange.
You don't need to be a US citizen. You don't have to invest by yourself.
The S&P 500 is a part of the US stock exchange , K p MG. They are highly rated agencies. When you give brokerage firms to manage your money in S&P ( it is an index fund). They invest in the 500 biggest corporations. You will get at least 10 or 15% return of investment. They are reliable : Fidelity zero, Shelton Nasdaq and Invesco Q Q Q and others.
Real estate works with location. Real estate is fixed to a location. You can't acquire any in the USA then move it to Ghana or Nigeria. Investing in real estate in London, Paris, Atalanta, New York or Miami is good. They are good locations because the economy is flourishing and they have a good housing market.
However, as a Nigerian, investing in real estate estate is fair but not a good business idea. Forget about real estate agents and their strategies. They tell you it's good idea just because of the commission they want to make. It's just like going to buy footwear in a fashion shop, then you ask the owner if a particular footwear looks great on you. It takes magic or a clear conscience to say no.
Due to inflation, investing in real estate in Nigeria or similar country is not advisable. You rather invest in markets like crude oil, sugar, cocoa etc.
You can buy gold in Nigeria and transport to New York, you can buy Coffee in Africa and export to Germany. Germany makes twice the amount of money than we do on this product.
If you are from Nigeria, Tanzania, Ghana, Thailand and more, the best place to invest is in the US stock exchange.
You don't need to be a US citizen. You don't have to invest by yourself.
The S&P 500 is a part of the US stock exchange , K p MG. They are highly rated agencies. When you give brokerage firms to manage your money in S&P ( it is an index fund). They invest in the 500 biggest corporations. You will get at least 10 or 15% return of investment. They are reliable : Fidelity zero, Shelton Nasdaq and Invesco Q Q Q and others.