1. A Real Estate Investment is Safer.
All investments require a level of risk, no doubt but with all of the background information about MMM provided above, it just goes to show that MMM is a reckless investment. Need I remind you that the CEO of the company (MMM Nigeria) Seigei Marvrodi is a convicted fraudster and has run similar fraudulent operations in different parts of the where he defrauded investors over a hundred billion dollars
With real estate, you can rent out your property and earn an excellent cash flow from it, of anything from 5% to 10% of the price of the property. Also, you can earn a substantial profit from the sale of the property as well as the buying and selling of landed properties.
2. There is an Opportunity to be an Expert on Real Estate with Access to Special Information
Even though MMM prides itself on the ability to make you easy money, there is the issue of limited information. You do prior information about the person you are sending your money too (except for the account number) and its not like betting.
With real estate, you will have access to special information about the property market in your area that nobody else does. For example, if you own a property in a Victoria Island, you would have access to specific details about the Island’s property market, which will be known only to a few people, of whom would be active investors. This allows you to set the right price and market to the right buyers equaling less competition.
3. You Can Inspect your Real Estate Investment Critically
With real estate you can conduct a thorough inspection of the property, talk to the owner, discuss with your real estate agent, examine the neighbourhood and perform a self-evaluation before making any commitments. It particularly difficult to do this with investments in MMM. You only tend to get blindsided by the fact that somebody around you is making that 30% in 30 days and you have no safety net to be totally sure that when you invest, this scheme or company would not fold up
4. The ROI Factor
ROI (Return On Investment) is an accounting term and tool used to determine the percentage of invested money returned to an investor after the deduction of the associated costs. For the non-accountant, this may sound a tad bit confusing, but it arithmetically means; the profit from the investment minus the cost of the investment divided by the cost of investment.
The promise of a 30% ROI is outrageous and not in terms of standard rates of investment. Imagine one making a profit of 30,000 naira for every 100,000 naira invested in the system in 30 days , excluding referral, signing up and testimonial bonuses. No legal financial company can offer you that investment plan which makes it all a bit shadier.
These “Return on Investments” been paid to older clients are money received from new clients and the circle continues, the 30% is never made from company profits. This is the reason for the aggressive ad campaign from the company(MMM Nigeria) paying massive additional bonuses to recruiters called “guiders” to conduct seminars and lure Nigerians into joining the scheme just to keep the system alive.
Whereas in real estate, with a good location, good tenants, good property, and diligent research, you can make the return on your investment shoot through the rooftops.