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Stocks, real estate, check out Northcourt's investment guide for 2020

Retail investors who have been having sleepless nights over low T-Bill yields need to be careful in 2020...


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Real estate investing highly recommended in 2020. (Photo by Burak K from Pexels)

So, 2020 is here and if you, like most investors are still weighing their options, a long term investment such as bonds, real estate and stocks are your best bets.

This is according to a real estate advisory firm, Northcourt which said such long term approach will help to minimise risks and realize higher returns.

Northcourt is a real estate investment solutions company that adopts a research-based approach to developing and managing the property as well as providing real estate advisory services in West Africa.

Speaking at the capacity-building forum of the Finance Correspondents Association of Nigeria (FICAN), on the topic "Investment opportunities in 2020," the Chief Operating Officer/ Director of Advisory, Nourtcourt Mr.Ayo Ibaro said though there is always a risk of losing money whenever one invests, there is also the need to invest wisely.

Stressing that the recurrent expenses in the retail sector are still huge, Ibaro revealed for instance, that most big malls spend about N30 million in diesel per month.

According to him, the real estate sector provides a better option for investors that are looking for longterm windows to invest in, because real estate has a greater chance of appreciation.

He added that land, for instance, is not static, which explains why it kept appreciating even during the recession.

"If you have an appetite for just short-term investment, then invest in shares, bonds and explore currencies," Ibaro advised.

Also, read Rising Debt, Banking Sector Recapitalisation: Three major issues that will shape Nigeria’s economy in 2020

He wants retail investors who have been having sleepless nights over low T-Bill yields to be careful in 2020 because the CBN and other multilateral organisations might still take certain decisions that could change every market expectations.

Regretting that the real estate sector has a lot of dead capital, Obaro argued that attention should be paid to unoccupied multi-million naira houses scattered across Nigeria, saying that the owners could pay a token every month to the government.

Such amount he said, could be channelled into the provision of tangible social infrastructure especially children centres, schools, hospitals, health facilities among others.

In certain cities like Port Harcourt, Ibaro said, it is the hotels, governments and churches that are top users of land, thus crowding out entrepreneurs.


 

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