Pls I need your suggestion.
If i had that kind of money i would definitely go into real estate.
But that depends on how fast you want turn over.
For instance if you build a hostel with 8 self contain flats for 5m and you make 1m each year you'll only start seeing your profit after 5 years but from then on its profit all the way,minimal risks attached.
Its a real good investment i think.
Wealth managers advice u must go in2 investmnts dat wl bring steady,consistent income at btw 15-22.5% p.a.
U mst also deal wt reputable institutions who wld shield u 4rm insurance,tax,audit,consultancy n personnel commitments.
No gud wealth manager wl paste dia plans 4u on a public platform as this without sizing u n knwng what u rly wnt.
i am into oil and gas,i work @ NNPC Depot,Suleja as an independent marketer,i can confidently tell you that the oil and gas sector is one of the best sector you can invest this kind of funds into and get good returns.if you are interested in investing in this sector call me and i will put you through from A-Z of this lucrative biz
Seriously speaking, you do not need to find answers from any other person but yourself.
I would advice you to visit any mega bank and discuss with them on holding your money in a 3-month fixed deposit account at not less than 12% gross per annum.
Then, try gathering all the information you can about Farming crops especially maize and cassava. At the same time read books authored by Robert Kiyosaki especially the first four which are
RICH DAD, POOR DAD;
GUIDE TO INVESTING and
RETIRE YOUNG, RETIRE RICH.
The information on why I advised you to pick farming is there in black and white. You do not need opinions to succeed in business. Get FACTS.
This is my $1 advice for you. CHEERS!