Investing is not as difficult as people say it is. It is simply about putting your money into a venture you understand with a clear plan to make profit.
If you have the right capital for investment, making at least 2k Naira Weekly shouldn’t be very difficult to achieve.
2,000 Naira Weekly is easily 8,000 Naira monthly and almost 100,000 Naira per year.
Actually, I prefer to get my returns in bits early enough than to get it in bulk at the end of the year.
Maybe I’m too used to passive income streams or I just love short-term liquid investments.
So, how do you achieve this level of investment returns right now in Nigeria?
What strategy and at what cost can you utilize to make at least 2k Naira per week in investment returns?
In this article, we’ll be looking at the simple method I use to generate at least 2,000 Naira per week without lifting a single finger.
Let’s dive in.
The question now is, what investment would give you at least 2,000 Naira Weekly without doing anything?
Of course, only a fixed income investment can guarantee you that in Nigeria.
So, the investment we are looking at is a fixed income investment with a short tenure and with no obligation on your capital.
But, to get a return of 2,000 weekly, we have to know the structure of the investment.
Return on Investment
The structure of the investment can be determined by the ROI.
Since most ROI are calculated annually, we can use the weekly returns to get the total ROI of the investment.
So, 2,000 Naira weekly could translate to 2,000 Naira X 4 Weeks in a month X 12 months in a year. That would give us an annual return of 96,000 Naira.
We could also calculate it weekly throughout the whole year. That is 2,000 Naira X 52 weeks in a year. That would give us an annual return of 104,000 Naira.
Now that we know that the average annual ROI that gives us 2,000 Naira weekly is 100,000 Naira, we have to find the capital Requirement that gives such returns.
So, how much do you need to invest to make 100,000 Naira per year?
If you invested 200,000 Naira to get 100,000 Naira annually, that’s a whopping 50% ROI.
You would hardly get that level of ROI without lifting a finger or working your butt off.
Moreover, an investment that gives you a 50% annual return would usually carry some form of risk and may not be fixed income.
So, what if you invested 400,000 Naira? A 100,000 Naira annual ROI would represent a 25% return.
There are many such investments available in Nigeria, especially with Agri-tech Investment companies.
However, the ROI is usually not paid weekly. Rather, it is paid at the end of the investment tenure.
I think Piggyvest “Investify” offers as high as 35% ROI for some of its agriculture portfolio. However, such portfolios are highly competitive and quickly get snapped if you don’t make your move quickly.
Making 2,000 Naira Weekly – Guaranteed
Now, enough of the ramblings.
Which investment could give you a return of 2,000 Naira weekly and 100,000 annually in guaranteed fixed income without lifting a finger?
The Portfolio I use is “Branch International”
You see, most people know “Branch” as a loan company, but they don’t know that there is a business side of it that can give passive income on investments.
The main reason why I chose Branch is because the investment is as liquid as possible. There is no obligation on my capital and it is not locked. If I invest today and decide to withdraw my investment tomorrow, my capital is given to me intact.
Also, I understand and trust the business model employed by Branch.
When I invest with Branch, they promise me a guaranteed fixed ROI of 20% per year, but they could make as high as 1000% on my capital by lending it to borrowers.
Talk about creating derivatives. Well, that’s a story for another day.
My Reinvestment Strategy For Growing Capital
So, with Branch you get a 20% ROI, which is payable every week.
That means, to get an annual return of 100,000 you would need to invest 500,000 Naira.
This way, you get paid at least 2,000 Naira on Monday of every week.
You can withdraw this return and spend it or you can leave it on your investment which would likely count towards the increment of your next payout.
So, if you invested 500,000 Naira and in the first week you received 2,083 Naira as returns but decided to reinvest it, the next week, you would get paid 2,092 Naira because your reinvested capital has increased to 502,083 Naira.
The more you reinvest your returns, the higher returns you will get paid.
If you know how the magic of compound interest works, then you would know that you could easily end the year with almost 30% ROI on your initial investment by using the reinvestment strategy.