@official_Gegeh Yes it is, only if you have sense and know what to do, it can start your journey of becoming a multi millionaire.
But, if you don't have sense, then it not a life changing money
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Segun Eresanya
1.9K posts
Segun Eresanya
@SegunEresanya
Building: cardflipng
Lagos, Nigeria Katılım Ağustos 2022
29 Takip Edilen152 Takipçiler
@realFemiOtedola Oya o, haters, he is now in Lagos nigeria riding same bicycle, you people will cry again or what.
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@abazwhyllzz I offer personal training service for people that want to lose weight and stay fit
I do photography once in a while
I also teach people interested in learning how to import USA used phones laptops and gadgets at low prices and flip them for high profit in Nigeria.
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@Okikiolla @chima33861 Oga stop being ignorant, won't you learn how to run ads to sell your gadgets before or you hire digital marketer
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@SegunEresanya @chima33861 You don help am keep customer for your wardrobe Abi
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Guys I don't want to ever go broke again 🥲, apart from youtube please how can I invest my N10m naira am still a teenager and very confused 🙏 please comment ur thoughts
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What I have learnt over the years from ads is that there is no course that can help you learn Facebook ads. It’s not Facebook ads you need to learn. It’s human psychology, human behaviors, and patterns. Combine that with quality image or video ads and your good
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@DavidMichaeltv This is why you have to be rich as a man, so your daughters don't do nasty things to make money
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What does our girls really turn in to but anyway feed your eyes and pass
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@uchecrypt Having a house is actually a liability, but people won't agree
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My close friend made money from crypto in 2021 bull market, spent close over 100m to build a house, today he is planning to sell, no buyer, they are pricing him 50m.
Building a house is one of the worse decision not because it is wrong but because most of those houses doesn't bring Cashflow.
If you get into problems, you are left with only selling the house and 90% of the time, you will never get back the money you spent in building the house.
Instead of rushing to build a house, start thinking of how do I keep generating Cashflow daily, weekly and monthly. This will sustain you when crypto or forex isn't going so well again.
Here are 3 things you can invest in that will bring Cashflow:
1. Treasury bond: this is the best and risk free investment, this is because you are lending your money to the government and they pay you interest quarterly.
US treasury bonds pay between 4% to 9%
Nigerian treasury bond pay 15% to 22%.
2. Mutual funds: this is where money from many investors is pooled together and managed by professional fund managers. The fund invests this money in assets like:
Treasury bond, Stocks, Bonds, and Gold, etc. This is also almost a guaranteed return. You receive 15% to 30%.
3. Dividends: this is the money a company pay you for holding their shares. This comes mostly quarterly. This is risky because while you make money from Dividends, you face the risk of your original investment go down if their stock goes down in price.
For this, I will recommend you focus on big companies.
There are a few more things you can invest in but I will stop here.
I know some of you might be thinking this returns are too small, you rather invest the money in crypto or other assets that will give you bigger yield.
Please don't do it, this is the best worse thing to do, I made that mistake in 2024 and I still regret it till date. This is because crypto is volaitle, there's no guarantee, we have seen big coins like FTT, LUNA, UST, MANTRA, etc go down to almost Zero.
When you have made huge money from crypto, your plan shouldn't be to double it, it should be to grow it bit by bit, so focus on guaranteed return and not high returns.
If you want to learn more, I built a website that could help track different kinds of investment alongside calculate the returns you will likely get in the coming years (compound interest calculator).
You can learn more about it in the thread below.
King.sol 🇶🇦@teddi_speaks
My friend made about $75,000 end of last year and decided to build a house and buy a car, the problem now is money isnt flowing in as he thought, now hes stuck with an unfinished building and is at the verge of selling his car to keep things going. My advice for him was to sell the house instead.
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@Schlawgalag @iamnasboi If a white man didn't create X, the internet and smartphone will you be able to comment the word "slave" freely, mention what a black man has created in this modern age that is used globally, think before you comment.
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@BalaiBB It depends on the environment they grew up, a 20 year old who grew up where he sees his seniors doing will scam will definitely pick interest.
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The faceless system is not complicated
Pick audience → Faceless content on TikTok/IG/X → One PDF → Sell on Selar
One woman in Ibadan is already doing ₦600k–₦960k/month with it
You have the PDF
Now use it
Reply FACELESS
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@He_Lennn @degenBRO__ Don't you see the level of insecurity and terrorism going on in the country, it alarming. People are scared. There is no value for human in life in Nigeria. Do everything possible to give, especially your kids a better country by deciding to japa
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@degenBRO__ At least I’m not the only that thinks this way too
My parents thinks I’m not serious lol
The thought of starting all over in another man’s country doesn’t sit well with me
I prefer traveling the whole world and still come back to my country
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@degenBRO__ You are leaving in a country where there is no value for human life, look at the recent keelings, kidnapping, terrorism going on in the country and also no basic amenities like electricity, good roads, healthcare, and others, people japa because of things like this.
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@olanrewajuolam6 @Gviev Search Google before you comment online
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@Gviev Modern railway lines under Tinubu? Where?
The recent ones that were announced are still at proposal stage...
And this is Nigeria, the gap from proposal to implementation is huge.
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With $700m Apapa Ports Upgrade?
Or the multi billion dollar Mordern Railway lines, infrastructure and Super Highway projects springing up in Lagos, Ogun, Oyo etc?
Or the new Port projects and industries springing up in Ogun and Lagos
Or Their sons and daughtets atop key MDAs
Yorubas have never had it so good oooo...they are lucky with him for real.
Infact after Tinubu, SW will end up the most developed REGION...and by then...it will be resource control FISCAL FEDERALISM
So i dont know what you are saying shaa
Cos me sef from SE dey envy them.
Abu Amir@SadiqMaunde
Yoruba will not recover after Tinubu. They won’t know the damage Tinubu has done to them until after he leaves office.
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@vitus_HERNANDEZ @Gviev Lol that's a direct foreign investment from the United Kingdom, go and watch when they signed the deal when tinubu visited london this year
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@official_Gegeh Financial literacy skills, making money alone doesn't make you rich, it how you use it that is most important. Some people make money and waste, while some make money and multiply and create wealth, so you need financial literacy, if not you can still become poor
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Asake don get luxury cars and houses, what’s he praying for again?🤷♂️
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@LekdyangIII @Joe_brendan_ Lol they had a lot from Ford, Vanderbilt and many others
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@Joe_brendan_ You don't need many actually.
America only had one Rockefeller!
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@tomilola_ng If you read Femi Otedola book,there was a place in the book where he told his interior designer to buy his Benz car that it will help his business,that the reason he priced him low was because he came without a car,and he was perceived low.Some people need to see you look rich
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I was going to build two websites for a multimillionaire. I am sure his business was making around 50 million a month.
I sent an invoice of 1.8 million, but his assistant reduced it to 800k, saying Oga wouldn’t pay.
When the invoice reached him, he called me personally and asked me to lower it to 600k, saying it was too high. I stood my ground, and we agreed on 400k for just one of the sites.
On the day we launched the site, I joined their team celebration dinner. It lasted less than two hours, and the restaurant bill was 420k.
He literally paid for a one-night dinner that cost more than what he paid me for three weeks of work
When we wanted to buy a domain, the one he liked was $80, he paid for two years upfront, that's over 200k
I realized he wasn’t concerned about the money; His goal was to keep me small.
David Hundeyin@DavidHundeyin
I'll also say this as someone who grew up on the nice side of the barbed wire fences and high gates in the very nice part of town where the Nigerian 0.1% live - learn to touch grass and worry about yourself because rich people really do not care about you. Like, at all. The Nigerian rich don't even like each other. They barely tolerate one another and make practical alliances to preserve wealth and influence. And now that the economy is too small to support all the children of the Nigerian 0.1%, nearly everyone I grew up with in the nice, leafy part of town now lives in Toronto or London or wherever. You, Mr N250k/month Union Bank contract staff are not part of rich people's thinking at all. At. All. The rich have no plans for you. They have no plans to create opportunities for you. They have no plans to fix the things they broke on their way to building that N1bn townhouse in Parkview Estate. They have no plans to contribute towards making society better. If Satan came from Hell with a tail and horns growing out of his head and he ran for political office, the rich would all go make deals with him - because in the world of the rich, the only thing that matters is their own interests, and making sure that they never, EVER have to live like you or next to you. So all this simping and vicarious fawning over wealth and fame that you people do everyday is the most redundant thing in the world - the rich have no intention of expanding their circle to let you in, and they have no intention of enabling the conditions for you to create your own independent circle of wealth. The only thing the rich need from you is to be poor and obedient, so that your labour can be cheap, plentiful and replaceable. Statistically as a Nigerian, you will NEVER be rich or close to it. You will NEVER live in Maitama. 99.99% of Nigerians who have existed since 1960 have prayed and fantasised about becoming rich, and 99.99% of those prayers and fantasies never came true. That's just math. You will never be a rich and famous celebrity. You will never be a successful content creator. You will never make millions shilling crypto, trading Forex, sports betting, or whatever the fuck is the latest quick wealth fantasy in town. It's just not going to happen. That being the case, a much more constructive use of your time would be to fight for the material elevation of what you actually have, where you actually have it. Instead of daydreaming about the N300m house in Lekki that 3 generations of your family cannot buy, get involved in a local effort to give your own immediate neighbourhood a facelift, or a political campaign to pressure the state to build high quality social housing. If you hate being harassed without consequence online, instead of vicariously enjoying how a celebrity has used their wealth and influence to jail someone for making a horrid tweet, fight for a judiciary and legal system that is transparent and accessible to all, so that a singer living in the UK on a global talent visa doesn't get to have more access to your Nigerian justice system than you who lives in Nigeria 24/7. Instead of building your mental architecture around the false idea of being a "temporarily embarrassed millionaire" who will someday take your rightful place on Banana Island, touch grass tonight and accept that it will never happen, and what you need to do instead is fight for where you are to become a better, more liveable place that you no longer wish to escape from. Stop cosplaying as rich folk. Stop cooing and fawning over rich folk. Stop daydreaming about someday "blowing up" and buying a house next to Burna Boy. Rich people have no intention of sharing their world with you. Free yourself from the tyranny of living vicariously through people who don't care that you exist. Them no really send any part of your papa at all.
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