What should I do with it? I thought about buying some farm in Goobweyn and Baardheere area
I have $50k to invest
- Thread starter Wiil_Facaye
- Start date
Samaalic Era
QurboExit
Not safe at all. Until Foreign troops withdraw and Al shabab eliminated, you are taking a huge risk
Masha allah bro how long it took u to save that amount.
That's a great idea, take advantage of the cheap land prices (idk I'm assuming it's cheap) Do you know the prices for farmland in those locations? If you do buy farmland what are you going to grow?
You can be like this woman and establish your own company btw how are those locations security?
Baardheere is control by the Somali government 100% but Al-Sheydhan are not far away from the city since they control Ceelcade and Bu’aale
I am a truck driver bro I have two more trucks. Most of my family are in North America. I have 7 brothers and 3 sisters. I don’t pay alot bill nor do I send money to Africa except qaaraan
Put in the bank and accrue interest ( few hundred a month ) and then begin acquiring some professional help to invest in safe stocks(the ones which are so tied to the ecobomy and will always be bailed out)
After that you should find a buisness to go into that you have expertise in. Grow the buisness with strict planning and grow your wealth.
Dont spend a dime in somalia.
After that you should find a buisness to go into that you have expertise in. Grow the buisness with strict planning and grow your wealth.
Dont spend a dime in somalia.
If you have experience with trucks set up a trucking service or start a truck rental company specialising in Somalis.
I should’ve taken advantage before 2015 when the land prices were cheap but I was scared of Al Sheydhan and war. Unfortunately, the land is getting expensive because of diasporas buying it left and right. My cousin in Baardheere told me lemons are profits but the only problem is you got a lot competitors in the marketing. Now I am thinking about watermelons, papaya and sweetcorn
Niyow I kinda wanna stay back home close to my grandparents. North America is stressful even when I get money, healthcare and everything. I always feel happy when I visit Africa. Last year I visited Nairobi and I was hanging out with some of my old classmates wallhi I was so happy we chat and chew khat together. I didn’t sleep for two days. They all live in Europe and Australia and they were telling me how I have easy life in America because Europe is more stressful
There is no growth in Africa , the potential you have ib America outweighs the whole of Kenya.
You can visit Kenya when ever you want , but dont spend trivially. Grow your money like a tree and feed your family and your free time.
Somalia is a pipe dream look forward .
Greetings!
My name is Prince Faraxolowuolo!
My father's kingdom in an unspecified west African nation has been overthrown by an unnamed rebel group. If you invest your money in me, I will deposit $10 million from the Royal Treasury into your account as thanks after I return to power.
Respectfully yours,
H.R.H. Prince Faraxolowuolo
Invest in any business in Berbera as it's currently ongoing developement thanks to the port and corridor.
And the biggest positive it's Safe
And the biggest positive it's Safe
"before 2015 when the land prices were cheap"
How much did an acre or a hectare of farmland cost back in 2015?
"the land is getting expensive because of diasporas buying it left and right."
In 2019 how much does an acre or a hectare of farmland cost now?
"Now I am thinking about watermelons, papaya and sweetcorn"
You should also think about investing in a cool storage cuz after harvest If you don't manage to sell your entire harvest you're going to need to store it somewhere otherwise it will rot.
It used to be $5k to $10k before 2014 and now it is $15k to even $20k per hectare but then again it depends on the location. The more your closer to the river the more expensive it is
But are Darood safe there? The only reason why I am sticking to Baardheere and Goobweyn is because of clan kkkkk other than Laascaanood, probably the only city in the North I will feel safe is Borama
VixR
Veritas
OP this:
Don’t put it in Somalia until you have passive income to throw around. It’s volatile.
It’s what I would do. After that, open a HELOC.
Don’t put it in Somalia until you have passive income to throw around. It’s volatile.
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