After my post on “Nospetco – How much Longer”, I have received loads of emails and tons of phone calls. I have gotten people calling me from US, UK, Nigeria and all over. I never for once imagined that so many people were involved in these high return, high risk ventures. It is certainly true that wherever there is chaos, there is bound to be an avenue for some to profit. What some see as problems are actually opportunities to others. There is no triumph without trails, no gains without pains. While some people complain that Nigeria is in a state of chaos, it currently is the source of many’s highest returns.
I have gotten a lot of questions about other avenues, I have had 1hr international call consultations, it has been difficult to answer all the mails, I have promised that I will write a post that will tackle all the questions asked, with all that I know, and also create an opportunity for others to provide answers where I do not. I will write my opinions and hope it will be instructive enough to provide unbiased guidance. After speaking with some of the MDs of some of these companies, I also have decided to pair up with some friends to provide similar opportunities, particularly for people who don’t want to get hypertensive about where there money is or what it is doing. I’ll pick all that I know one by one, and expect viewers to add their knowledge, happy reading…
+ Plus: Wealthzone as been around for a while, not as long as Nospetco. Wealthzone actually has a website – www.wealthzone.org, this website provides details about their operations, and what they offer. Wealthzone offers 10% returns guaranteed on 1Million Naira. When they started they were giving 10% on much less than a million as well, not any more. To sign up with Wealthzone you need to agree to leave your money with them for 1yr before divesting. They are mostly into the Nigerian stock market. I’ve spoken with the MD a number of times, he sounds pretty legitimate and seems to know what he is doing.
– Minus: Their website blinks, making them look unprofessional. The content of the website has also been static for a while, the language seems cocky and may also not sit nicely with a lot of professionals. I personally have a little issue with overconfidence.
Nett – It’s a good place to balance your investments with, if you have Nospetco you should have this. Their kind of business is likely to outlast Nospetco, the chances they become ponzi are slimmer, since the more money they have the more they can invest. Telling them you are from me, should make me earn 1% one time payment of what you bring in, that might be good payment for my analysis services 😉 Thats 10k on 1M, be very sure that this is too small for me to psyche them more than they are worth.
Me: If you want to put all your eggs in one basket, make sure you are personally guarding that basket with your life.
+ Plus: Hazonwao has also been around for a while, I was actually introduced to the MD by a good friend who personally recommended him. On speaking with the MD, I personally rate him a little higher than all the others. Hazonwao gives 10% on 1million Naira as well, and 5-9% for different values between 0-1Million. I was personally very impressed with the vision of the MD of Hazonwao. For him, this is all about helping people to become wealthy. They also have a flexible structure that makes them able to pay you 4 times in a week. I also know some of the board of directors, so it’s pretty comfortable for me.
– Minus: No website yet. Virtually unreachable at the moment as the MD pleaded with me not to share his phone number just yet -inundated with calls at the moment. Some things sound too good to be true.
Nett – It’s another good place to balance your investments. They should be very accessible from March, it might be worth waiting for. I’ll publish their information in case you miss it when they make it public. Telling them you are from me, makes me nothing at the moment. The MD assures me though that where I can make some returns is when I help them publicize the land they are about to sell. Will keep you posted.
Me: I’m likely partnering with this guy on helping people do it themselves -Investment Clubs
+ Plus: Longstanding credibility. Have delivered returns to partners for the past 4yrs without failing. Have returned money to people who wanted to divest. Almost 9% interest per month. Have actually participated before and have nothing short of a good personal experience. I maintained and still maintain a relationship with one of the employees. Was also able to ascertain the pedigree of the MD and Chairman. I understand their business and model.
– Minus: No website, minimal transparency and openness. Current trends with their line of business is not very good. Already receiving bad press from a bank. Line of business does not require limitless cash. Very good chance of turning ponzi.
Nett – If you have made your money back, leave your investments in there. You might still have some time. If you haven’t, play with what you can afford to loose, or equalize your investment with them in one or more of the others. If you are new to all these. Go for either of the first two, or the one we are starting – GFS.
Me: Nothing risked, nothing gained.
Generis Financial Solutions (GFS)
+ Plus: This is the one that we are starting. You know the MD 🙂 Our website will be up by March 1, and will be the most transparent, and regularly updated – you can trust. We have a team of financial analysts, headed by an investment specialist currently moving to Chevron on a similar role. We would be doing 7% per month plus or minus guaranteed. Less profit, less risk. Our business is majorly the stock market, real estate and venture capital. Our vision is to help people succeed. You will sign a proper MOU before anything commences, and your money cannot be lost. We are best suited for people in diaspora who don’t want to loose sleep over their investments in Nigeria.
-Minus: Let us know early so we can fix the minuses.
Nett – What can I say, even a mad man will rake the grass towards himself. It’s less risk, great transparency, good access to information, competent minds.
Me: The difference between the rich and the poor is not their origin or society. It’s how so differently they perceive the same things. GFS -MOU
UPHENRY, Risk Managers, others
UPHENRY seems similar to Nospetco except that the interest is higher -10%, I called the MD up, and was not impressed with the conversation. I really can’t say much. Risk Managers, I spoke with one of the agents, it sounds too good to be true, about 30% interest per month, only you need to pay for the brochure first – in my opinion that smells like ponzi.
I declare the floor open for all that have helpful information.