₦airaland Forum

Then any one who does that certainly did not work hard for the money.

GonFreecss1:
It has been affecting the NSE for a while, and it's about to hit us even harder if oil prices drop which smart foreign investor will leave their money in Naira assets, when the strength of the naira is dependent on basically said oil?

The Treasury bill people arguing with me are about to understand the consequences of a short term memory and too much optimism without logical analysis. The same with most NSEMPA people, many will understand that if something bad happened to you before, if you don't learn from it, you will continue to suffer the consequences.

so where do will put our monies, savings in the bank?

Gurus, is CCNN a good stock @ the current price?

STANBIC is

351days for 14.35%
134days for 12.5%

Gurus, is access good to buy now?

@ Chibuking, should we go ahead to buy access now or still wait?

GonFreecss1:
I don't know if it's the name chemistry (name starting with M), or the way they reply each other, but Mcy56 and mendes911 look compatible to me. Make we ship una?
Couple goals to meet in the financial market.

PS - Just trying to have fun guys. Many will soon comprehend what a sell-off means, only a few will learn from it at the end of the day. People have short memories.

You mean many are yet to understand what sell off mean at the bolded? very bad experience to learn from ooo

House please i want to invest my contribution oo i beg among ACCESS/UBA/FBN, which one is good that i can quickly jaaa when London bridge is falling

Miracletwinee:
Hello everyone just got back from the states These people are not smiling at all I wonder what is happening even JFK that used to be a breeze has changed . Got in through JFK we were directed to the self profiling machine some of their officers were on ground to do the separation i.e those of us who had rice and beans passport ���� ( kids with dual citizenship). We were asked to stay on a particular queue come and see people Naija, cocoyi chinko etc. see drilling people were taken away for 2ndry inspection we spent over 1hr on that particular queue and we were not allowed to join another queue about 2 other flights came in after us and the same separation was done. When it got to our turn the man was tired and was getting ready to change shift. We handed over our passports With a frown on his face he removed the children's American passports and asked who is this we pointed at the half asleep child asked to see the second one we pointed he asked why they had a passport different from us the parents as if he doesn't know. We told him they were born in the US he nodded and asked if we had a return ticket we gave him and he glanced through it. He asked how much we had when we told him , for the first time he smiled stamped all our passports. We ran collected our luggages and out into the freezing cold in New York. God must surely deliver us from bad governance and heal our land so that this mass exodus can stop. See young, smart promising Nigerian youths on the streets of America doing menial jobs to keep body and soul together once again this early Momo I pray that God will heal our land and return our lost glory

Amen oooo!

RealityShot:
you are still thinking..

i have been trying to convince mine and his rich friends and some youths (even one who entered Npower 2years ago) since last year when tbills was 18%.. They still don't want to or care ..

i am beginning to think that Nigerians are not very financially savvy and don'twant to learn.

one of my dad's friends put over 200 million in unity bank from 2014 to 2016 and earned 6% ... When i told him about tbills @ 14% he never talked about it again.

Tbills is not for everyone.
Everyone cannot be WARREN BUFFET.

TOO BAD

On point Sir, being poor is a thing of choice and being rich also is a thing of choice.

DeRuggedProf:
That is the intention of the news....
'POSSIBLE LOSS'.....

you mean they will declare loss yr end?

Chibuking prediction is gradually coming to pass, Oracle!

sunnydayasaba:
Bros, Sorry to intrude on your privacy, thatcut my attention. I own property in that area too, I bought almost same price and same year as you stated, developed one and 1 is for sale at #4 million. Though if invested in Tbill I don't think anyone will be patient enough to compound a 200k investment for over 13years that's why i always advice people, if you can get property at a very cheap rice, I think is best to invest in that instead of Tbill.

Meanwhile, How did you watch them take over your property without doing nothing or compelling them to give you another one elsewhere?

i dont want to go back to that again, what am doing now is working for me perfect! when am ready to go into property, i will do with rest of mind!

BiafraIShere:
You just said my mind! The other poster that is contemplating whether to sell his property and invest in TBills and the insinuations some people made about TBill offering a better prospect made me consider my own situation and I discovered that property investment is better. In my own case, I bought a land @ 1.2 million in 2013 I.e 5 years ago and with sundry expenses like agent fee, ego omenala (tradition money) and power of attorney, everything amounted to around 1.5 million. Today, the market value of that same piece of undeveloped land is 3 million and I just leased it to a small branch of RCCG church to be paying 60k annually. So, if I had been investing in Treasury Bills since the past five years at say 14% interest rate, the maximum I could have gotten probably won't have exceeded 700k plus capital 1.5m which together is still significantly less than the 3m. So, I guess TBills is a great investment but property is better.

BOSS still depend on your investment strategy and risk appetite! if i had invested same in either ACCESS or Zenith that same year, by now the money would would be almost 4m. Below is the analysis.

zenith with 1.2m will give me 109k units @11(good entry point) then sell at #33 April this yr, it gives #3,597,000 and for access 1.2m will give me 300k units @4 then sell for #13 april this year, it gives #3,900,000 both from 2013 till april this year. I can turn that same money over this pre-election period and double same after the election. so it depends on your risk appetite and the investment terrain you understands and know very well. I bought 2plots of land at isheri osun lagos then @ 200k each in 2005 but lost to omoonile issues so i will rather buy property from the owner and not land pls that is just my own opinion

kolaish:
I will rather choose FBNH over Access. But then, it is not a good timing for now to buy either stocks because there is possibility of them still going down lower, though the market is unpredictable.

pls why your choice of fbn cos FA of access is better than FBN

patrickvince4u:
Which is a better investment?

Treasury bills, shares or fixed deposit?

It depends on your appetite for risk, I have done all but I will prefer Tbills and shares.

mendes911:
Once oil drops below $55, na to start stocking dollars.

Oil (WTI) PRICE COMMODITY
53.43
USD -3.74
(-6.54%)
02:41:14 PM
EST

heymama:
Me: Good Morning
VO: Good Morning

VO: Why are you going to the USA.
ME:To have my baby
VO: where in the USA are you going to
ME:California(Los Angels)
VO: How much is the cost
ME:Hospital is 3,000 doctor's fee is 1,200(I have a budget sheet detailing the cost- I brought it out to show but she said never mind). The total budget is a little above 10,000 though.
VO: Do you have family there
ME:No
VO: Why California
ME: That is where my doctor and hospital i have chosen to use is.
VO: How long do you intend to stay
ME: 8 weeks
VO: Where do you work
ME:*******(I brought out my letter from the bank, payslip; intended to pass it but she said never mind)
VO: How long have you been working
ME: 5 yrs
VO: Are you married
ME: Yes
VO: What does your husband do
ME: He is a business man; explains briefly the type of business
She didn't ask for any other document, no doctors correspondence then she said, sorry I won't be granting your VISA.......
Gave me the green paper. I had already seen her hands going to collect the paper so i didn't really hear all the grammar.
Please advise me; did I say anything wrong, and do you think I should reapply, with my husband and daughter this time?

in my own opinion, u can reapply wth your DH alone dont include your daughter.

Will Chibuking be right?

Michael11stock:
Forex dey swallow money oooo

Loose 300dolls oo

Chibuking81:

Sooner Zenith will be begging for buyers at #17, I mean sooner. Anything outside bonanza period am not in, January/February bonanza are fast approaching.
Presidential campaign will start next tomorrow, and campaign period is the period to review hiding secret both front and back, period of official legalised hate speech, period of word to word attack, both ruling and opposition will be busy attacking each other, opposition will be attacking with failed promises the ruling party made before coming in as ruling party, while opposition attacking with ruling party defending, they will be busy promising heaven on earth that even unborn baby know that they can't fulfill without by grace of God.

But one certain thing is that campaign activities will drive out the remaining foreign investors who wanted to gamble their little amount they left in Nigeria stock exchange.

All these activities will usher in the real January/ February bonanza period we are talking about.

Truly cash is king!

Agbalowomeri:
Wait for oil below 60

you are right, even JAT of oando confirmed it at a summit in uae. He said the price may likely drop to 60 very soon so they will need to double their crude production

musty00:


Looks like the uncertainties surrounding oil price will facilitate your bonanza. Enjoy your period

God want to create more millionaires tru the crash in oil price, those that would take such opportunities when it finally comes

ogas, pls why is gtb going down oo, any bad info?

Yayira:
GTB
Zenith
Uba
FBNH
Fidelity
Fcmb
Transcorp
Diamond
Wema
DF
FM

If you want to make money next year, these are the stocks that will make it happen.. those stocks don’t look for buyers when the time comes.. I know there some dead ones lol but when the time comes all dry bones rises.. I’ve seen it happen

ACCESS no dey among?

ahiboilandgas:
people are taking about Harvard and sanford universities this one is taking about unilag not on 1000 best in the world ....am disappointed

Mr. Harvard congrat! Am thankful and grateful to God for what I have been able to achieve with my unilag certificates ooo. Congrats again Mr. Harvard.

zamirikpo:
And I didn't even go to school.....ode

Am sure u finished with a 3rd class from the way u reason and write.

Olodo

I laughed in spanish! U are an empty barrel, you would envy to be where I am today you fish brain but I don't need to come down low to your level.

zamirikpo:
When the mind can't accommodate or assimilate a higher level of reasoning the fastest way out nah to beef....

Mature minds don't act like that....they know that life is a classroom where we learn everyday.

IF U KNOW ,..U KNOW.

Shior! which mind cant assimilate and who is beefing u! Do you know the calibers of people on this thread? for your Info am a graduate of Economics from the university of Lagos so which theory do you want to quote for me that i don't know? Just let me stop here, empty barrel like you make the loudest noise!

dotcomnamename:
Don't mind them. Awon JJCs forming legends . Their self consolation slogan is "If you know u know" . They know nothing O! Pride goes before a fall

Absolutely Boss! they know nothing just be forming for us here telling us stories about inflation, about putting money in dorm account....etc but just let matured minds be silent and keep watching them.