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Comparative analysis of investment in stock and residential property in Bida Niger State, Nigeria

Author Affiliations

  • 1Department of Estate Management and Valuation, Federal Polytechnic Bida, Niger State. Nigeria
  • 2Department of Estate Management and Valuation, Federal Polytechnic Bida, Niger State. Nigeria
  • 3Department of Estate Management and Valuation, Federal Polytechnic Bida, Niger State. Nigeria

Res. J. Management Sci., Volume 8, Issue (2), Pages 10-15, May,6 (2019)

Abstract

This paper is aimed at analyzing the investment in stocks and residential property investment in Bida for the period of 2006 - 2016. In doing this, the paper examined the rate of returns on selected stocks investment and property investment. It further carried out an evaluation of the correlation between returns on both investments. The purposive sampling technique was adopted while both descriptive and inferential statistical techniques such as coefficient of variation, mean, standard deviation, analysis of variance were applied to the two classes of investment. The study reveals highest average returns of 5.22% and 7.36% and lowest of 3.43% - 3.05% for 2 bedroom and 3 bedroom respectively, which varies according to location in the study area, while the returns on selected stock when compared with the return on residential properties on the basis of average return and risk return performed better. Therefore to achieve optimum returns on investment in real property, professional guidance is required by prospective investors.

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