How to Invest for Short-Term Goals (Less Than 10 Years Out) Working Tips

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How to Invest for Short-Term Goals (Less Than 10 Years Out) Working Tips

INVESTMENTS

How to Invest for Short-Term Goals (Less Than 10 Years Out) Working Tips

How to Invest for Short-Term Goals

INVESTMENTS

How to Invest for Short-Term Goals (Less Than 10 Years Out) Working Tips

Do you want a Mega Wedding? Buy a car? Buy a House, but you don’t have long to save? The good news is that its doable.

If you are trying to save for a new house, more education or a vacation, then take time to go through this post.

The best Medium term investment in Nigeria, that can yield profit in No Time is listed below.

The custodian life time harvest

This Scheme is a passive savings investment idea, it is designed for low income earners who consider saving or investing in the future. Simply save a small potion of your income either, monthly, quarterly, half year or yearly.

Benefits are

  • An interest of 18 percent
  • The payout is done every 3 years ( minimum of 70% your money)
  • capital is safe and secure
  • minimum savings of 5,000 monthly
  • tax deduction
  • it comes with insurance

If you are seeking a good savings habit, or wish to put down some cash for your coming kids, this is a good investment.

ARM Mutual funds

This is another low income investment ground. If zero risk and great interest is your thing, then ARM is here for you.

Benefits include

Minimum capital of 5,000

You can add up on accout balance at will (even if its 1000)

payout is done Quarterly, every year.

An interest of about 15.97% (subject to change)

 

it does not come with insurance, so if events occur, your next of kin gets the balance.

FBN market funds 

First Bank mutual funds are the safest mutual funds investment portfolios for the JJC’s of investment banking. With a low entry cost and high returns on investment, they pride as the best.

Benefits include

Quarterly payout

14% interest on capital

No risk of capital loss (its FirstBank of course, so no need to fear)

No withholding tax on Capital gains

low capital to startup, you can invest as little as 10,000.

 

This Page will be updated with more investment ideas, so do well to be in touch.

 

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