emmanuelewumi:


Just 7 funds ooo, for different purposes and to avoid co-mingling.

I have

FBN Quest Money Market Fund, for rental income

Abacus Money Market Fund for University Education of the kids

VGIF emergency fund

FSDH Treasury Bill Fund for flenjor

Coral Income Fund: 30% of dividends earned are invested there. Liquidated everything during the lockdown to take position in the stock markets.

United Capital Fixed Income Fund is for diversification and personal retirement plan, 50% of the profit from my personal business goes there. It will continue until, I retire and sell the business.

United Capital Money Fund: I am my grandma's eldest grand son, rental income from her properties are invested there. We use the fund to renovate and maintain the properties, 80% of the surplus is shared among the 20 grandchildren in December during the family reunion party

ojesymsym:
It will be a crime against humanity if oga Emma does not at the minimum write a book that is targeted on Nigerian situation. Most books you find are either foreign ones or paraphrased from foreign scenarios.
You can't read a book about real estate in Nigeria and start talking about mortgage and foreclosure for example... there are not reflective of the Nigerian situation. A Nigerian book on real estate for example must talk about things like deve levy, community fee, touts etc.

Lazyyouth4u:


Free of charge o

Brainbox0806:
If this will make you feel cool: I'M NOT XIAOLI. Now let me educate you a bit, do not try to convince people to know your real worth except you are a celebrity that need such for endorsements motives. Don't post your achievements on the grams, it can only do you more harms than good.

I've an older friend that worth huge billions that reside in the US, whenever he comes back home, he try as much as possible to talk like a typical igbo man with just a normal shirt, nobody knows whtsup about him till he's done here. The real men live codedly but the empty barrel or little kids with unimaginable wealth from unscrupulous sources make the loudest noise.

Lazyyouth4u:
Oga Emma, saw this somewhere and thought about you

Lazyyouth4u post=1 02133320:


Why don’t you tell that to the trolls that drop those very vile insults to me without provocation? I see where your anger is coming from sha. You are an Uber driver as well. Please no vex. I still got mad love for the Uber drivers. Nothing personal bro.

And you think Oga Emma does not go savage on peeps that troll him? Then you just started following Oga Emma

davit:
I'm beginning to see that you re such an idiot some take you to be. Abeg, Wetin be your work too if I may ask? Don't play around the question. Just answer.

Lazyyouth4u:


I feel your pain bro

Brainbox0806:


This is a thread for financial educational purposes and not one to show your financial muscles. I hope by your conviction people now believe you are as rich as you claimed so stop shoving it and by so doing derailing the thread.

Let's learn in peace, from a cobbler to the top ceo we are all welcome to share our views.

Brainbox0806:
If this will make you feel cool: I'M NOT XIAOLI. Now let me educate you a bit, do not try to convince people to know your real worth except you are a celebrity that need such for endorsements motives. Don't post your achievements on the grams, it can only do you more harms than good.

I've an older friend that worth huge billions that reside in the US, whenever he comes back home, he try as much as possible to talk like a typical igbo man with just a normal shirt, nobody knows whtsup about him till he's done here. The real men live codedly but the empty barrel or little kids with unimaginable wealth from unscrupulous sources make the loudest noise.

NL1960:


Don't you think this is late already?. @XiaoLi has already said that he can show us N50m * 20 = N1Billion account balance.

XiaoLi:
Oga park well, at the bolded dont make it sound like you are doing me some favour. Now listen to me, I want to make it clear that you are not me and i don't want to be you either OK??


You spoke well to some extent but messed everything up in your last sentence, so if Dangote talk about his new refinery and how much he has invested on it or the billions of $$ he will invest in US that makes him empty barrel or little kidd with unimaginable wealth from unscrupulous sources in your shallow thinking?? No wonder that thing called you a taxi driver because you have a poverty oriented reasoning.


You talked about somebody who lives in US and wear just normal shirt when he comes to Nigeria, I also have an Uncle who is multi billionaire, wears luxury designers and do charity worth up to 50M every December, now do you understand the meaning of individual differences??

If you are kidnapped because of your posts on NL then you are a big MUGU, I will never share my personal information here or meet face to face with people that i met here no matter what. My contact in the real world is enough for me, so get that into your head and keep your advise to yourself!!

XiaoLi:
Im sticking to what i said and will not delete that comment either.

emmanuelewumi:
From SEC

emmanuelewumi:
From SEC

AlphaLion:
Hmm...

Seems like SEC wants to bring Crowdyvest down because they are afraid the company would drive banks out of business.

This country ehn...

afroxyz:


They were already in talks with SEC concerning this financial product and had even put it on hold. Was there any need for SEC to make this public again? These regulators are something else

emmanuelewumi:



You are expected to get approval before selling Investment products to the public.

I guess people wrote SEC for clarification

afroxyz:

The Halal fund was launched on 7th of last month. SEC issued a caease and desist order on 11th. On the 14th they wrote SEC for clarification, only for SEC to do a press release 2 weeks later

https:///ItoWE7WkIw?amp=1

OgogoroFreak:
I have seen real crazy profit with XPeng shares

The fact that I never made a dime when I tried Nigerian stocks, dey make me appreciate foreign stocks even more.

handsomebolanle:


Why didn't they get SEC consent and all necessary information right considering how big and the kind of fund they control....

They shouldn't just play the victim card here... They should go resolve their issue with SEC

afroxyz:


The fund was put on hold the same day after SEC issued the order. They wrote SEC days after the order was issued for further clarification. So what more could they have done?

Rather than SEC replying them, SEC went public two weeks after they had written them seeking consent.

Tobex4realTobex234:


In all you do, Fear China Sir.

afroxyz:


The fund was put on hold the same day after SEC issued the order. They wrote SEC days after the order was issued for further clarification. So what more could they have done?

Rather than SEC replying them, SEC went public two weeks after they had written them seeking consent.

Tobex4realTobex234:


In my case, I worked with a Kenyan company. Also, a friend of mine was able to open his with a business account.

I'm sure it should be possible for Non-residents to open too, because even me na my Nigerian passport I use as I.D.

OgogoroFreak:
Sure. I am taking profits here and there on the way up.

OgogoroFreak:
Sure. I am taking profits here and there on the way up.