magicminister:
STOP MESSING WITH WHITE PEOPLE!!!!
IF YOU WERE AMONG YOUR BLACK BROTHERS AND SISTERS, THIS WOULD HAVE NEVER HAPPENED!!!

I hope he is found alive and this is just one really bad hang over!


We all have to rally in support of this young man.
Please add him in your prayers and to Nigerians in Ukraine, please any one that knows something should say something!!

WE ALL HAVE TO LOOK AFTER ONE ANOTHER IN THIS WORLD THAT HATES US SO MUCH FOR OUR SKIN COLOUR!

post=93268006:
Lol.. which Nigeria go still fire na..

remsonik:
Hmmmmm, yet the man is not a true servant of God here.

MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates MercadoLibre Marketplace, an automated online commerce platform that enables businesses and individuals to list merchandise and conduct sales and purchases online; and MercadoPago FinTech, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, and allows merchants to process transactions via their Websites and mobile apps, as well as in their brick-and-mortar stores through QR and mobile points of sale.

NaijaDonCast:
Atleast there a lot of traders there in Anambra making it big in business and so reduce the rate of jobless and hunger striked individuals

NaijaDonCast:
I live all my life in Akwa Ibom apart from when I went for service, I want to tell you NBS are 80% correct in some Local government like they one I'm currently in the only major means of survival is bricklaying work, followed by Bet9ja employees and underpayed secondary school teaching job of about 7 to 15k salary every month, while the major rich guys are politics inclined personnel parading all over Uyo with different tinted Toyota spider

States governments and regional groups are mounting pressure on Federal Government and aviation agencies to reopen airports nationwide, more for political than economic considerations. This comes as the country’s Airports Authority recorded a three-year deficit of N44.39 billion, representing losses incurred in 17 airports nationwide.

Factsheet obtained by The Guardian showed that, except for the trio of Murtala Muhammed International Airport (MMIA), Lagos, Nnamdi Azikiwe International Airport (NAIA), Abuja, and Port Harcourt International Airport (PHIA), Omagwa, Rivers State, no other had sufficient revenue to cover operation costs bet

Enugu will pick up because, at a time, it was behind Lagos and Abuja, even ahead of Port Harcourt International Airport.

seyisanya:
As unbelievable as it may sound, I have made four international travels in the past weeks and I can tell you that all the airlines I travelled with were in full capacity! Same as airports!!. In fact, I'm currently in a country and touristic places are filled to unimaginable capacity. By the way, this is a country still recording daily rise in cases.

Although, I might count myself lucky because the few airline stocks that I have are already more than 60% up because I was able to buy them during March lows. However, I still feel the recovery process for the travel stocks will surprisingly be rapid.

seyisanya:


Perfect! Enough of this indirect talk down on short term wins. If you're an ETF investor, brilliant. If you only invest long-term, fantastic. No one needs to keep sounding like a broken record just to force their strategy down the throat of others.

By the way, I recently sold all my short term positions(at good gains) and move all my funds to long term positions in fundamentally-sound dividend paying stocks(similar set-up that I have adopted in my Nigerian stocks since March) because I just relocated and will be very busy in the coming months.

The fact that I am now 100% long term investor does not imply that I have the best strategy. I still respect and learn from other type of investors. Kudos to bosses like YerYer, OakPearl etc. We are not in any form of competition when it comes to investment, and no one should directly/indirectly make it seem so. Do what works for you and let others do theirs in peace.

mXz6:
@4Play @Oakpearl Would $JETS be a good buy for the long term?

OvaSabi1:


Exactly. It's not discouragement, it's reality. There are some days your losses will exceed your gains. There are some years that you will make nothing. This is even for investors who are supposed to have it better. Day traders experience more losses and their eyes dey see pepper. But when they strike gold, their harvests are bountiful.

The best thing to invest in is yourself. Find different hustles and multiple streams of income and then contribute into stocks with strong fundamentals. That is what the rich do. They're off playing golf somewhere and only look at their portfolio like twice a day. That was how they started because it is a habit you need to have early.

I have attached a screenshot showing the average returns of the S&P 500 over more than 1 decade. There are some years that your returns are negative. Few people have been able to outperform the s&p 500. The s&p 500 are 500 of the largest companies in the U.S.



Cc Ehuatamuigunisi

According to its Labour Force Statistics report released on Monday, the number of unemployed Nigerians went from 20.93 in 2018 to 21.76 million in the second quarter of 2020.

YerYer:
This forum is great. Whoever recommended Plug Power (PLUG) I thank you o. I now work mostly during the day so I'm unable to watch my usual CNBC to get ideas. I bought PLUG on Friday as its been recommended here on this thread and I'm up $1260.

Some other short-term plays not mentioned here, pardon me if I have missed it, are Draftking (DKNG) and Plugpower (PLUG). The latter is a lot more risky as it's run quite a bit but it's worth having a look for those who can afford to take the risk.

Skymoore1004:
It’s funny bc not all companies made loss but they’re tanking. I’m surprised at $DDOG

pocohantas:


He most likely started in Nigeria, but since they will ask what she went to do in his house- he carried it and enter plane.

He should find one redpill lawyer. I am sure they can prove beyond reasonable doubt, that it is romance gone bad.

lecturer50:
There is something I need to ask ladies here.

A woman told me that if a male/her boyfriend ask her "Let us have sex", she will be very angry and will leave him.

But if in the process of being together, a man starts removing her cloths even when she refuses, and then sleep with her,

she will love the man more afterwards.

She said women hate to say the word "Yes" whenever a man demands sex.

She said that no woman can ever give her CONSENT if she truly wants to enjoy the sex.

As in, a woman can only enjoy sex if it happens without her CONSENT.

If she says "Yes", it is because she wants something from you like money, job etc in exchange for the sex

But she would not enjoy it.

But for her to enjoy sex, it must be without her consent.

Why then do women shout rape whenever a man sleeps with them without their verbal "CONSENT"?

Please women I need a clarification on this.

I am so confused.

You ask her for sex, she will not like it , but want you to take her without her consent.

You take her without her consent, she says you have raped her.

nna777:


That's one of the challenge with day trading or what we call jijo here in naija(very short term play). Most persons here are into the above.

So some are either trapped or in observation mode.

As one can't really time the market, sometimes buying a dip will result in you buying a resistance (exit point) instead of a support(entry point)(Tesla comes to mind).

Even with good results sometimes market plays its own games. Price entry, a whole dose of patience and exit is key if you will succeed both as a trader and an investor.

That is why having basic TA knowledge is very critical especially in a complex market like the US. Combined with the fact that you're trading in a foreign currency. Any loss is much more painful.

In my own opinion,with all that is going on in the US now, observation mode should be activated until the dust settles (apart from the healthcare stocks).

Jayjaycee18:
Way to go. I'm pulling the trigger anywhere between $1,700 and $1,800, depending on market reaction to its 2Q2020 earnings report. I'm certainly not waiting for it to get to $2,000. Tesla is highly volatile and one can always buy lower at price dips.

sonnie10:
Why are Airlines stocks going up ? Nothing has really changed in terms of travel restrictions and the pandemic.

LAGOS — Nigeria’s total internal and external debt stock stood at N12.06 trillion or $63.5 billion as at the end of March this year, up from N11.2 trillion or $67.726 billion in December 2014 according to figure released by the Debt Management Office (DMO) yesterday.

OakPearl:


Your village people try for you na.

What of me wey village people push to offload my Tesla at $813 on May 20th
That's a whopping $700/share forfeited as of today's price of $1,500+!
I dey laugh but no be laughing matter oh.

But seriously, no one can time the market. That's the way it is.
We move.

OakPearl:


Today's leading companies were totally under the radar a couple of years ago. Just for example, today's Tesla of $1,208 was trading for just $211 last August; that's less than a year ago!

We are here to conduct due diligence meticulously enough to hopefully pick tomorrow's giants and sit back for a bumper pay.

Hindsight bias is a psychological phenomenon that allows people to convince themselves after an event that they had accurately predicted it before it happened. This can lead people to conclude that they can accurately predict other events. Hindsight bias is studied in behavioral economics because it is a common failing of individual investors.

Overconfidence Bias in Finance and Investing
Understanding where the markets are going and so on is one of the most important skills in finance and investing. In this industry, most market analysts consider themselves to be above average in their analytical skills. However, it is obviously a statistical impossibility for most analysts to be above the average analyst.

eyinjuege:


Wrong
Only about 90% of rape cases are reported
And just about 5-10% of rape cases are false accusations
Rapists abound very much in our society, unless we want to lie and pretend
Infact, 1. all cult boys are rapists, and we know how rampant cultism is in our society, from secondary, university, even artisans on the streets have joined one cult or the other 2. Other than cultists, a lot of people in positions of power have been known to abuse such positions eg clergy, bosses of maids, fathers, step fathers etc
So because we have some people falsely accusing young men because of a relationship gone bad doesn't mean the number of rapists in our society is low, same thing as the fact that we're not testing a lot of people for covid doesn't mean it's low or not being spread.

I know we will get to that day in Nigeria where all rape cases will be fully scrutinised and enough support given to victims, and rapists will face the law. Just a matter of time, we will start doing rape forensics in Nigeria and women who have been violated will have evidence there and then to save for future persecutions of rapists

I found this interesting article which claims that the fuel we import into Nigeria is of a lower quality than that produced by illegal refineries in the Niger-Delta

Black market fuel made from stolen oil in rudimentary “bush” refineries hidden deep in the creeks and swamps of the Niger delta is less polluting than the highly toxic diesel and petrol that Europe exports to Nigeria, new laboratory analysis has found.

Shell, Exxon, Chevron and other major oil companies extract and export up to 2m barrels a day of high quality, low sulphur “Bonny Light” crude from the Niger delta. But very little of this oil is refined in the country because its four state-owned refineries are dysfunctional or have closed.

Instead, international dealers export to Nigeria around 900,000 tonnes a year of low-grade, “dirty” fuel, made in Dutch, Belgian and other European refineries, and hundreds of small-scale artisanal refineries produce large quantities of illegal fuel from oil stolen from the network of oil pipelines that criss-cross the Niger delta.

koning:
First black/African man at Oxford = Emeka Ojukwu

First balck man in Eton College = Dilibe Onyeama.

Conclusion = IGBO AMAKA. Putting Nigeria and africa on the map since 1845.

Mod, do the needed. The world need to know.

But when the time came, Onyeama failed the entrance exams. Another Nigerian boy, Tokunbo Akintola, thus became the first black student in Eton, attracting global media attention.

thesilentone:


This is a flawed argument. If one is interested in buying the index, you might be better off giving your money to the hedge fund manager who will save you the 'stress' of running an account to get the same results. It would be enlightening to the readers if you explained to them how indexes work.

If you don't want to do any research, if you can't be asked to do any due diligence, by all means buy the indexes. You don't even need to read any books, just buy the index and expect the overall market returns. Even WB does not buy the index.

Buffett is a master of value investing wherein patience, discipline, and risk aversion are the essential ingredients for success. But he acknowledges that individual stock picking is not for everybody. In fact, most average, long-term investors would benefit from a much simpler strategy, he says: investing in low-cost index funds.

"My regular recommendation has been a low-cost S&P 500 index fund," Buffett wrote in his 2016 Berkshire Hathaway annual shareholder letter.