One of the major reasons most of us are working is solely to make ends meet and earn money to get ourselves a better life. Money is an important tool that can change and elevate one's life from a nobody to someone notable, depending on how well they can manage it. In an event that I saw someone who was willing to give me a certain huge amount of money but on the condition that I spend it all within one week, I'll definitely take the offer and invest the money into a variety of things that'll both make my life more comfortable and be a steady source of income that'll generate good interest. In case you're wondering what I'll invest the money into, I'll be highlighting them below.
Looking at the amount stated in the prompt, 19,000 dollars is a huge amount of money, and when converted into our local currency here in Nigeria, that's nothing less than 30 million naira, which can definitely change lives when spent wisely. Like I said, I'll make sure to invest it in a profitable decision, which revolves around investing, skill building, and asset acquisition that will go on to not only make my present life much better but also secure the future via the steady income that comes from investments made via such wisely made decisions.
You see, one of the things I've dreamt of delving into for some time now is starting a business. Now I know I really don't need much to do some of these businesses, but having such a huge amount will give me room to invest in it and still have abundance with me, so one of such is starting a block molding industry, especially in a new or developing area. One thing I've come to notice is that people will continually keep building houses, and having such a business close to a new site where houses are being constructed will yield profit, as all I needed to do to make this a reality is either rent or lease land in that area, buy the required machines, and employ people to work on the site and mold bricks on a daily basis.
At the end of the day, new customers who want to work on their house construction will patronize me, and while that is going on, I can as well build another land in another site that's yet to develop ahead of when this particular one is developed, and the business won't thrive there again, so I'll move to the latest place and remain relevant.
Another of such businesses is building probably two motorcycles and giving them to a rider to use for public transport, as it's a common thing down here in my country. As the rider works, I'll be getting either daily or weekly returns from whatever he makes, making it a steady source of income that not only makes me own such an asset but turns it into a medium or daily or weekly source of income.
Notable things I consider before making these decisions and having not just one place I'm investing in are so I can diversify the money and put all my eggs in one basket to avoid stories that touch the heart; the above already listed should probably cost me around 50 or 60% of the entire money, and I guess the remaining money can be used to continue the construction of my house and as well invest some in solar energy, because I've vowed within me never to connect to the organized criminal electricity system of my country.
The solar system I'll be investing in to build should be one that's very powerful and capable of supplying the entire house and being able to carry some heavy-duty machines and gadgets within the house, such as a fridge, washing machine, and the likes. Overall, whatever is left, if any, can be used to solve some of my immediate needs; if nothing is left, I'll be fine and hope everything goes as planned and yields me more income going forward.
All photos are taken and edited on canva.
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Mr vickoly with a bussiness oriented mind. That's a nice strategy with the money at hand.
Smile, when there's money there are lots of things we can delve into to change our story.
These are really great ideas and things to invest into. It'll yield more profit later in life.
That's absolutely true if everything goes well.
Yea
Nice! Block business is a good one, especially around areas where constructions are taking place. But if you are reasoning block molding, why don't you think also of investment in cement retailing ?
Yea it can bring in more income in such areas, and for the cement I had some reservations about it due to danger of water coming in contain with it, but let's see.
Thanks.