Abuja Police arrest robbery suspects who rob bank with cutlasses                          109 -year-old, thousands of ghost workers uncovered in Zamfara civil service verification exercise                          Liverpool should be Champions already, but who be Arsenal where Chelsea dey sef?                         Top 10 Nollywood movies that defined the Nigerian film industry in 2019                          Rising Debt, Banking Sector Recapitalisation: Three major issues that will shape Nigeria’s economy in 2020                         Sanusi VS Ganduje: Sanusi fights dirty, sacks Ganduje ally from palace                         5 things no one has ever told you about Christmas                         How a small agritech start-up is taking on Nigeria’s adulterated palm oil cabals                         CBN scraps card maintenance fee, slashes bank charges in new banking guidelines                         EXPLAINED: 7 things you need to know about CBN's new guide on bank charges                         Religious Persecution: You are not world’s police, Buhari’s government lashes out at America                         Mahrez, Mane, Salah are nominees for African Footballer of the Year                         SAD! 19,273 Nigerian teachers fail 2019 Professional Qualification Examination                         Group commends Immigration over compulsory drug test for personnel                         BREAKING! Gunmen abduct Bayelsa commissioner’s 6-year-old son                         JUST IN! JAMB fixes March 14 for 2020 UTME examination                         Tesla to take fresh $1.4 billion loan from Chinese banks for Shanghai’s Gigafactory – Sources                         Igbos outraged over IGP’s roadblock order, decry 60 police roadblocks from Lagos to Onitsha                         Fayose’s faction sells Ekiti PDP secretariat as party’s crisis worsens                         Nigeria’s rising public debt remains worrisome, unsustainable - World Bank                        

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...

Share this news

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.


Share this new

Sign In To Leave A Comment

Nigeria Today News. ©2019 Nigeria Today. All rights reserved.