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Is it safe to buy dollar now and keep as investment?


Pounds
Posts: 78
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(@pounds)
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Joined: 3 years ago

As the Naira keeps crashing, a million naira last year is worth less than half of it today. On the reverse a thousand dollars last year is now worth more than x2 the naira equivalent today.

I'm not sure if my question is necessary because the truth stares us in the face.

1 dollar is now about N1,300. OMG. :shocked:

I'll just buy dollar with my savings now and keep. It will appreciate more.

Safe investment. I'm out.


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