By Tosin Adesile
It is another time of the year to celebrate the yuletide season which comes with a lot of funfair. Unfortunately, the second wave of COVID-19 has encapsulated the world in fear that many countries had to put in place restrictive measures even as people celebrate.
However, this does not totally stop you from making money or investing for the purpose of high yield returns.
Here are Six lucrative businesses you can invest your money to yield high returns this period:
- Fireworks/Toys: The only reason to know that yuletide is around the corner is through fireworks, bangers and balloons. Family and friends wants to organize picnics and children wants to have nice time. So, it is very important to know that investing your money in goods like this will yield high investment within a record time.
- Buy Properties: During the yuletides, many people want to spend money and impress at the detriment of dull economy that they don’t have. Invariably, they offer properties for sale at a lower price. So, deprive of yourself of big celebration and buy cheap properties. You can be a millionaire after the festivities.
- Agriculture: No matter what happens, people eat round the year. The Only place that wasn’t locked due to the Covid-19 is market and food business. You will always sell. So, invest more in market produce and start poultry or a farm so you can smile when people are buying with red eye.
- Loan: After December festivities, many people will be broke in January. They would have spent their entire salary which they must have receive latest by 22nd of December and would have to wait for like 38 days to get another payment by the 30th of January the following year. So, borrow people money and collect collateral with 15 percent interest. Be Wise.
- Transportation/E-hailing Services: Nigerian Undergraduates has been home for over 10 months due to strike but luckily, the strike is over.So,in January depending of each Universities Management determine when their universities will re-open. Transportation business will yield multiple returns in January.
- Start Gas Filling business: During this period,many people’s gas will finish while cooking. You will make more money this period while selling but please,don’t inflate your fee.
