The other day, I said instead of buying land with 500k, buy shares of established companies.
And some people frowned at it.
But here’s the truth many people won't tell you; Land banking is not for "person wey never chop belleful"
Let me explain
If you’re still trying to:
- Escape low income
- Build financial discipline
- Avoid “ being broke before month end”
You shouldn't lock your money in an asset that you can’t sell quickly, doesn't pay you regularly and will take many years to appreciate
As a young person, your priority should be Flexibility + Fast Growth
You need investments that:
- Can grow your money faster
- Can be converted to cash when needed
- Allow you to move quickly as your life evolves
And that's where stocks come in.
When you buy stocks of solid companies:
- Your money is working actively
- You can earn from growth and dividends
- You can sell off the stocks without hassles
This is not to say buying land is bad or investing in Real waste is unprofitable
But that's not a smart investment strategy for young people still on a low income
To your financial sense,
#moneylessons247
April 17, 2026 383
