What you are about to read is a very powerful information known by only a few,if you are reading this thank your stars, and don't also forget to thank me oh.

If the CBN devalues the naira today your money in your account will loose its value, all you hard work and hustle might become nothing. But their is a solution,read it below.

Imagine if one usd is equal to 1000 naira, all the money you have in your account will loose their value by over -250%,ie means you will be 250% poorer. Be smart.

The Nigerian naira has deprecated by more than 40,000% percent of it's value after it was created some decades ago till date,and it will still depreciate further.We all know about the 1 Naira = $1 era,but today $1 = almost 400 Naira.

So how will you protect your funds from the enemy of progress called recession/inflation?.
(This economic situation lead to brokeness and poverty)

If you are reading this post you are very lucky because you are about to know what will change your financial life for ever.

This one of the sole reason for the mass poverty in the country.What ever amount people save in the bank will loose its value and buying power till it becomes worth less.

The rich man that kept ten million naira in his bank in 1990, is almost broke today,back then he was a big man,but today he his an average men because of the constant inflation experienced in the country.

So we must protect our funds.

In the next five year's 1 dollar will buy a minimum of 1500 Nairaand above. ie $ 1 =>1500.

If this happens your money in the bank will loose lots of its value by -300%,and all you have worked for will be wipped out by inflation,ask the people of the 80's.

FOLLOW THIS WISE STEPS BELOW IF YOU WANT TO AVIOD BEEN A VICTIM OF THE CONSTANT INFLATION HITTING NIGERIA.

No1:To protect you money from the wickedness of inflation, you must save all your money in a dormicilary account,leave all this fixed deposit,bonds things asap, because what ever you gain from fixed deposit/bonds recession will wipe it off,plus your initial investment capital

Always change your naira to dollar's/euro/pounds etc.Its safer because these currencies are hardly hit by hyper inflation. Your money will even have a higer value after the whole reccesion.

No 2:Instead of fix depositing your money,or saving it with a bank, invest that money in land/landed properties because they won't loose their value when the occasional recesion strikes the country.

No 3:Invest your money in dollar funds sold by various banks in Nigeria. Stanbic Ibtc has a dollar fund investment platform that will enable you invest in forigen assets in US currencies. You money will not loose value when our occasionall recession strikes,and strikes.

From:
https://naijagoprogress..com


If you have any questions or contributions,kindly drop it.




Thank you.

Don't forget to share.

Thumbs up, really educative

Kudos, Learnt Something Knew Today

Nice one op.. Investing in stable currencies is the best

U made alot of sense.

KaideeGee:
Thumbs up, really educative

Thank you for your support.

lastempero:
Waiting

Lol.
If the recession hits your money will still have its value, or even a higer value

Kingseex1:
Kudos, Learnt Something Knew Today

Thank you very much.