Some Property Reminders

I wrote a three-part series on property which begins here. I would like to bring a few things to your memory. 1. Your budget determines the type of property you can buy – whether virgin or commercial; rural or urban; undeveloped or developed. 2. Never buy property from individuals unless you absolutely trust them or[…]

Four Thoughts on Investment

1. There’s a HUGE market for investment managers who can help the nouveau riche to grow their wealth. If you worked hard for your wealth and did not steal it, you understand the need to grow it. You must do so to maintain your lifestyle, when you can no longer work as energetically as you[…]

Investment Speed

I once wrote about an opportunity to invest in poultry farms which closed in less than three hours (albeit, with a three-day advance notice). In investment, as opportunities are being presented to you, they are also being presented to others. There’s also time-value of money. Those who invest early, make more when an opportunity is scarce, than[…]

Where Can I Buy Property?

A while ago, I published an article on what you should know before buying property. Since then, I have received requests for property I can recommend, from those who wish to buy. I hesitated for a few reasons. I am a conservative investor. I recommended Money Market Funds because they are guaranteed by Federal Government securities. I recommended FarmCrowdy because it[…]

Two Principles of Money

Let me share two principles of money with you: 1. If you don’t plan for money, when it comes, you will waste it. Money has a way of creating mass confusion, especially when you’re not used to it. Wealth can quickly lead to option paralysis, followed by greed. While you’re young, develop a list of[…]

Types of Property you can Buy In Nigeria

In my first article, I described the parties involved in land transactions in Nigeria. I also explained how to carefully choose those you deal with, when buying property. In this article, I will talk about the different types of property you may buy, the budget required and the documentation involved. There are broadly two types[…]

Want to Buy Property? Read This First

There’s a lot of information online about any topic in Nigeria. Many times, we don’t know where to find it or how to interpret it. Other times, the information is not plainly written. In this write up, I explain the process of buying property in Nigeria. I have numbered the points to make them easy[…]

How to Invest One Million Naira

Since I published my article titled, Money: What I Wish I Knew 15 Years Ago, some people have asked the question, “Subomi, how can I invest 1 million Naira?” Now, I have a detailed video & Whatsapp course which addresses this question. However, in this article, I will provide some answers. As usual, I speak from personal[…]

Money: What I Wish I Knew 15 Years Ago

Following the recent economic upheavals in Nigeria, many have desperately searched for ways to “hammer”. Some have become unfortunate victims of get-rich-quick schemes. I decided to write this article to capture what I wish someone had taught me about money, fifteen years ago. 1. Money is seasonal; it comes and goes. This is not my[…]