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

Posted: October 27th, 2023, 5:23 am
by Pounds
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.
dollar-to-naira.jpg
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.

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

Posted: October 27th, 2023, 9:01 am
by Elemu
I feel it makes sense. Earlier this year it was below 1k. Now we are talking of 1,300.

So, what are we saying? :money:

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

Posted: October 30th, 2023, 10:08 pm
by victorokwy
Yeah is good

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

Posted: October 31st, 2023, 9:27 pm
by SparkleEze
Very safe.

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

Posted: December 4th, 2023, 6:57 am
by B7
:thinking:

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

Posted: December 7th, 2023, 2:35 pm
by Ernest
Really