₦airaland Forum

SavageResponse:
I'm not a forex trader and have no experience in it.

The only thing I know about forex trading is based on the research I have done and information I have suggests that only a very small percentage of forex traders are actually profitable...the rest who are in the majority are busy chasing referral bonus, training fees, third party account management etc.

It's mostly the failed ones that open threads on Nairaland trying to deceive people with the 'Audio money' they're making from forex trading eg Leonardemma1 etc

So you are just an arm chair theorist

abkrgumel:
Bua, The Nigerian Elon musk

Hian!!

what is your biz with what he earns? hustle your own

Tobex4realTobex234:
I'm struggling to understand how individuals are running away from crypto and even worse painting it a bad name at a time when the following entities are rushing it:

Publicly traded companies.
Federal government reserves.
Big banks e.t.c

You sabi future pass all these people. Kwantinue to allow dead naira diminish your wealth

Not good to base your investment decisions on the actions of others. Plus people would invest in what they understand. At least give others the benefit of doubt that their method works for them.

Manq:
Try am for Vinnie jones front. You go end up for Icu

That guy no dey take rubbish

Pennywise:
Thats my exact story bro. My own spoiler was RIOT Blockchain. The name should have told me sth about the stock and the mindset of its owners

You should be smiling tomorrow

habsydiamond:
now it's time to reserve my comment..

no mind am. when you play too much of play station, that's the type of analysis u come up with.

Vaughanlanrewaj:
It is a lie! We will not replace one economic tyrant with another economic tyrant as a nation. Let SEC, EFCC, FIRS ,Customs move in and check all the claims and counter claims. From Dangote to BUA to FMN to LaFarge and others.. All we want is peace, progress and justice. These monumental economic sabotage going on in the Sugar and cement scandals must be investigated and prosecuted. Any company that gets indicted should have their management sacked and replaced by interim management like NAICOM did to Goldlink Insurance Plc, SEC did to Oando and so on.visit www.freestuffsng.com for latest freestuffs in Nigeria. God bless Nigeria.

What does SEC, EFCC and IRS have to do with the Nigerian Sugar Master Plan?

Tobex4realTobex234:

Nothing new. Housing prices globally are rising coupled with our own unique situation

jedisco:
It's easy to see a snippet and forget about the bigger picture.

For stocks and most investments, i always want to look at performance over time, at least 7-10 years before investing cos markets generally have a pattern to them... Except it's a quick trade or a novel company where it's tricky to judge

On Guiness, that's it's performance overtime. I first used a line chart to take away the noise.
Price in 2013 -270
2014- 180
2015- 150
2016 -95
2017- 60
2018-110
2109 -48
2020-15.

When something is that down that much, a small rally doesn't mean much... It's what's called a dead cat bounce... Also, the dividend yield has been as low as 0.7% in some of the years
Some people would look at the current price and want to be Warren Buffet and buy at the lows... Well, good for them. But if something fundamental and novel hasn't changed with the company/market, it's more likely the price will revisit 15 naira or even lower

I know you wouldnt touch NSE with a 10-ft pole

emmanuelewumi:
Buy Eurobond funds from any of the Asset Management firms, it will cost minimum of $1000.

Unless you have a minimum of $200,000 to buy Eurobonds by yourself

Okay. Already knew of the one offered by asset managers. Wanted to know if there are other alternatives. Tnx

emmanuelewumi:
That is an investment of about $120,000 in 2000 gave dividend equivalent to $12,000 in 2000 and now giving a dividend of $70,000 in 2021 and the investment is now worth $900,000.

Not a bad Investment by all standards, capital appreciation, inflation proof and dividend growth

I understand FG is planning to issue another Eurobond this year. Any idea on the possible dates? Also, apart from Seplat, what other corporate eurobonds are you aware of?

Coolmaney:
Good day all. Please I will like to know the fair cost of a 3 bedroom suite with an extra empty plot attached .

Location is arigbajo close to ifo ogun state.
The house is in good shape .

Please great mind help a guy before I fall into wrong hands.

Do you have an idea of the going rate in the area?

How old is the structure?

What is the estimated cost of maintenance you would carry out?

If you visit the real estate thread I'm sure you would get more detailed analysis sha

You think by changing your surname to that of a mythical figure, you can insult the gods of the land.

seyisanya:
Hello all,

Trading212 only allows you to withdraw funds back to the card you used to add funds to your trading account, so what happens if the card expires and your bank issues you a new card?

Thanks.

I dont think this should be a pproblem. You can always write them to update details. But just keep the old card incase

Akin3891:
If God give you a seed, don't share it as if it is harvest. Plant the seeds, so you can share harvest with your friends n family. Sharing seeds with your family is denying yourself and them from ever seeing the harvest. learn to distinguish what is in your hand if it is a seed to be invested or a harvest to be shared, Good evening fam

Very deep

hollah123:
so much for our woke generation n these are d set of people that were insulting Pete edochie d other day,many of them can't keep a marriage for a year but once someone who have been married for decades is advising them they start talking crap

12 cartons of Star for you

Chelsea is next.

Vickym1:
Why would Mr sarrki backed out from his beloved president

He is a political jobber, available to the highest bidder.

sarrki:
Major reason I backed out

The insecurity is too much

I am not like those children of hate that hates without reason

There region still remains the worse yet they never see anything wrong in it

What the 'children of hate' saw while sleeping, you coudn't see while using binoculars. You are the bigger fool here. Stop using them to cover your ignorance after selling your generation for a plate of porridge

Skymoore1004:
Will be investing more in crypto now than stock market.

Made over 60% in crypto last month
Stock market was the other way round

Red
Red
Red
Small green
Red
Red
Red
Red
Small green again
Red
Red
Red
Red

See wahala

Depends on which side of the table you are on. The S&P 500 has been setting new highs everyday this week. Nasdaq is already tinkering with a new record high.

Tech stocks are currently cheap compared to last year. Infrastuture stocks are primed to run based on Biden's plan. Retail, travel and entertainment stocks are growing fat.

This is the time to roll up the sleeves and dig deep and not just wait for FAANG stocks. The market is broadening out. Just a position after DD and sit tight.

PeaceIlya:
What is happening to the price of stocks? For more than three weeks now, price keeps on dropping. Why?

Lol. They did tell u that stock only goes up.

Pennywise:
Very soon they will be out of job at the Sec. They want to superimpose protectionism and a moribund exchange on a freewilled citizenry

The more red tapes, the more people lose confidence in the naira the more the naira will fall.

The banks are seriously fighting back. After decades of complancency and lack of innovation, they are realizing the rug would soon be pulled off their feet. Look at all the attacks on fintech. What they don't realize is that the clock is slowly winding up on them. MTN has already shown that Nigerians and companies may not need traditional banks in the future

Tech stocks have been flying this week? But would this mometum continue?

ChybuzzDD:
We're talking about investments in foreign stocks, you illiterate, not ponzi schemes!
Can't you guys read and understand for once??

Bros no need wasting your energy. Its a lost cause.

bjtinz:
Sigh. All these illiterates sef.

99% of all comments have no idea of what the story is about. Everyone just bleating about ponzi and the like. SMH

Very glaring. They saw online and investment and assume its ponzi. These same numbskulls would be policy makers tomorrow. That's why less than 500k nigerians have investments in TB and Mutual funds.

ahiboilandgas:
I wish I for dey supply deseal to all zenith bank branches Nationwide then she go dey grant steady over draft to my company and I go perform well in the oza room and buy the bank share ....

she may also perform well in the oza room and you give her shares in ahiboilandgas

emmanuelewumi:
I still don't understand the relationship, it appears you are writing in parables.

I didnt raise the issue of watching what would be posted here (someone else did). I merely responded to the post by saying though the person feels we should watch what we post here, it is not enough reason for us to hoard infomation because a large number of people benefit from what is being posted here.

Lazyyouth4u:
I don’t even see the link. What has Buhari’s government got to do with what people are posting on a faceless forum? Abi is it from this forum that SEC gets its info from? Or maybe some of us work for SEC and Buhari government

You can never rule out the risk. The moniker (lavylilly) raised valid points. Your govt has tracked people on Twitter. Incase you don't know, there are paid influencers for govt, politicians etc on this form operating under various monikers. But the point is it shouldnt stop us from sharing the light.

lavylilly:
Some people are in here, not for the purpose of investment or trading. But to monitor the activities here

And I've been shouting it here to know what you post in here that this buhari government is not for the good of the masses.

A lot of people (including me) have been impacted positively from what has been posted here. Many people are now more finacially savvy. I would prefer that we keep sharing info for people to benefit than to sucumb to the threat of big brother attitude from the Nigerian government

Inconsistent govt policies like this is what is putting this great nation on the backfoot.