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BusinessRe: CBN Raises Interest Rate To 12%,Tightens Money Supply by baum1: 12:15am On Mar 23, 2016
Stycon:
"Inflation is always and everywhere a monetary phenomenon" The primary driver of inflation is the growth in money supply. I guess that explain the reason why it seems to be the first point of call for CBN given the recent rise in inflation level. This might go a long way to curtail inflation -as less money chases available goods, also, it might probably limit the extent to which public expenditure is channelled towards imports which will of course strengthen our Naira via improved net export.

Also, increased interest rate relative to the international interest rate might translate to capital inflow and that also will improve our capital account balance, thus, sustaining naira.

As pointed out, increase CRR should reduce the level at which arbitraging and speculative move among banks affect naira.

As for investment, how about viewing it from the angle that this means more savings will be available for investment, as saving may become more attractive in the face of increased rate.

Pls note that, the MPR is just a benchmark for other rates in the economy.
Nice analysis!
BusinessRe: CBN Raises Interest Rate To 12%,Tightens Money Supply by baum1: 11:59pm On Mar 22, 2016
Allwility:
Good one in the short term but not really a good one long term.

Here's a breakdown of what's happening.

The economy is heading towards a recession and people taking advantage of the disparity in forex isn't helping matters. Hence the excess cash in the system leading to inflation.

Banks borrow from the CBN and they pay interest on what they borrow. The banks in turn lend the money to you and I and a certain interest is charged. I'm sure you are familiar with that.

Now, the CBN can reduce inflation by increasing their interest rates on money lent to banks so as to mop up excess cash in the system. To meet up, the banks increase their rates on whatever they lend to you as well as introduce all those hidden charges when you bank with them.
Now if my secondary school economics is still good enough, I believe these might be the likely implications:

1. The banks will increase their interest rate when you go to borrow from them.
2. Inflation will reduce in the nearest short term.
3. Because of the high interest rate, you will consider not borrowing from the banks.
4. This will result in the economy slowing down! The economy will look good on paper but the common man on the street will feel the pinch.

I have always canvassed that the way out of our impending recession is increased investment! That's what Soludo (God bless that man) canvassed for before he left office. Investment led by the manufacturing sector!! That's what the US did when its home market crashed because of the 2008 recession. If the govt stimulates the economy by entering into PPPs and other favorable policies, millions of jobs would be created, and taxes can be increased to checkmate any excess liquidity. At the end of the day, the inflation would be down, there would be jobs, the common man happy and the government too.

Win- Win Solutions!!!
Nice analysis. Well done.
PoliticsRe: Femi Gbajabiamila Meets Ayodele Daniel-Dada (Pictured) by baum1: 10:46am On Mar 21, 2016
wheredemdey:
He studied psychology....any dimwit can achieve that.....let him get 5.0GPA in geology and mining and I might start to respect him.



Let no dingbat quote me.....its a Monday morning...go channel your frustrations somewhere else.
Hi,

This is not a matter of channelling frustrations. 5.0 anywhere and in any department is impressive by any standards.

The guy is an examination genius. If he goes to Harvard or anywhere, he will achieve a similar feat or just some points less. He is outstanding.

PS - This is not the first time I've heard this argument of 'let him go to physics, chemistry, engineering etc. Unfortunately, or fortunately, these are not his areas of study, and we would not even know if he is capable of achieving the same feat when he is not a student of any of these courses. We cannot conclude that because he performed impressively in Psychology, he would not do same in all these 'hard science courses' were he a science student. After all, before now, no one had achieved that feat in Psychology.. In the same way, one day, one day someone will achieve the same thing in a hard science course..Maybe by then there will be a unanimous agreement that many things are possible in the world of academics..
Christianity EtcRe: Still A Christian? When Was The Last Time You Did Any Of These? by baum1: 10:41pm On Mar 20, 2016
MoltenMagma:
You are perfectly correct, but I will disagree with you on the last point. We are here in this world to fulfil God's purpose for our lives. We are here to use that purpose to bring Glory to God, but the fact is there are enemies of that purpose. If God Himself has an enemy in the form of Satan, how much more humans? Satan's purpose is to thwart, twist and pollute everything that can be used to God's glory, and that includes man and his destiny. There is no way I will pray for anybody or anything being used by Satan. Even Jesus Christ said anything that doesnt not bear good fruit will be uprooted and cast into the burning fire. ANYTHING.

The era of 'pray for your enemies' is long over. If you wanna pray for them, by all means go ahead, but as for me and my household, anybody who doesn't want me to fulfil my purpose in life, anyone who wants to keep afflicting me so that I will be too busy praying over my problems instead of worshipping God fully, then that person 'will be rooted out and cast into the burning fire'

"Upon the wicked he shall rain snares, fire and brimstone, and an horrible tempest : this shall be the portion of their cup."-Psm 11vs 6
Yes, those wicked-hearted people are being used by Satan and his demons to wreck havoc on some innocent people..

But what about heavy prayers for the demonic influences working through those people to be uprooted? What about prayers for the people to be set free from these influences? What about prayers for them to see the light, the light in Christ, rather than die with these unclean spirits and face heavy judgment from God? Imagine a demon-possed person testifying that he/she was arrested by God through your prayers..That's a soul won into the Kingdom of God..You already know the many rewards for that.

Nothing happens to genuine sons and daughters of God without His knowledge. He knows all and sees all and knows very much how to deliver us from all afflictions and how to ensure that no weapon fashioned against us prospers. Let us continue to live for Him and in Him, and let us continue to remain genuine children of His..

Blessings
Christianity EtcRe: Still A Christian? When Was The Last Time You Did Any Of These? by baum1: 9:41pm On Mar 20, 2016
emusmith:
Nice one! Are you a Deeper Liver?
No bro - but my childhood foundation is deeper life.
Christianity EtcRe: Still A Christian? When Was The Last Time You Did Any Of These? by baum1: 9:39pm On Mar 20, 2016
samuelson06:
I don't really know how to put it for that guy to understand where I'm coming from but I am glad you do understand me. I am someone that strongly believes in order because if I don't, I know that disobedience can build up and affect my life negatively. The problem with many people is that they don't understand that their actions can cause a chain effect in their life. They do something and feels it ends there but it doesn't. There are so many people today who are in a place that they ought not to be because they never allowed the Holy Spirit to lead them. They argue about everything and do things in their own canal ways. Why? Because the leading of the Spirit are usually foolish to them. Let me stop here please.
Thanks bro. Indeed, we need to be careful so that we're not misdirected away from His plan for us because we are trying to be wise in our own eyes.

Have a wonderful day
Christianity EtcRe: Still A Christian? When Was The Last Time You Did Any Of These? by baum1: 9:34pm On Mar 20, 2016
anonimi:
What I have highlighted is the bane of the matter.
There are almost NO "genuine, true house of God" today.
You may read the conversation of Jesus Christ (Prophet Isa to the Muslims) in John 4 with the Samaritan woman at the well for more insight to what I am saying.
Cheers.
Thank you for that chapter in the book of John. I have read it and have been blessed, especially learned once again that the everlasting waters of life come only from Christ and that believing and having faith in the word of God yields fruit - reference to the man whose son was ill and whose conversation with our Lord Jesus led to his believing what the Lord said and his faith and belief leading to the complete healing of his son.

Concerning your other submission, yes there are many wolves in sheep's clothing..But one thing remains sure - there remain those places of worship where God is genuinely worshiped in spirit and in truth, through our Lord Jesus Christ..Just as the Lord told Elijah that there are still those reserved for him who have not bowed and will never bow to Baal, so also are there people and places of worship where the Lord is worshiped in spirit and in truth.

My own goal is to continue challenging myself and earnestly asking myself whether I truly believe God's word through Christ Jesus and then praying steadfastly for the grace to live my life in total submission to this word.

Bless you.
Christianity EtcRe: Still A Christian? When Was The Last Time You Did Any Of These? by baum1: 8:38pm On Mar 20, 2016
emusmith:
Still A Christian, When Was The Last Time You Did Any Of These?


Some will say, it's not 'works' but 'grace'. The same Grace Jesus had yet He worked all day and night for His Father.

If you call yourself a "Christian" and haven't done some or all of these, 3 things are involved;

- You are backslidden.

- Your church doesn't really teach stuff like these or...

- You have chosen to ignore the demands/promptings of the Holy Spirit.


If you are (or really, badly want to be) a true disciple of Jesus, these seven things should not be far-fetched from your habits:


1. Evangelizing

I laugh when I hear people, 'My money can be used to preach the gospel, as for me, No Time!" Yes, you can't preach globally, what about those sinners around you? Your siblings? Friends? Neighbours? This is the GREAT COMMISION for ALL! You drink or sleep with them but can't preach to them. lipsrsealed


2. Praying for those who don't want you to succeed.


In a world of ours, 'anyone against my progress, DIE BY FIRE', is now the norm. Is this only what Jesus taught us? There is more to prayer than "FALL down and DIE!!!" Prayer for others is a mystery that reminds God of our own needs.


3. Loving Our "Haters"

I still remember that doing so "will HEAP COAL OF FIRE on their heads" as the Bible puts it. When was the last time you showed mercy to the merciless? Do you testify in church just because your prayers in rendering an innocent man a widower was answered? What of apologizing even when you're palpably right.


4. Really read your Bible

It's true, "social media sites are gradually stealing away God's people". I have been guilty sometimes too. If only you can spend half the time you spend on Facebook, BBM and whatsapp! This BOOK will keep you from sin and sin will keep you from this BOOK - Immortal John Bunyan. Each time I've fallen, I wasn't reading my Bible. sad


5. Gave God an ample sum of money and didn't announce it.

You'll see people give with one hand and broadcast with the other. Little wonder, the seed fails to reproduce maximally.


6. Humble yourself enough to sit wherever the usher asks you to.

The usher sef, her shoe and appearance aren't as commanding as yours and she wants to command you to sit in the front row. I even kneemw when she started this church and gave her life to Christ. Hmm


7. Pray till you had an heavenly experience


I have come to understand as a Christian, 'you are as weak or strong as your prayer life". Of course, I'm not talking about, "Gimmie gimmie kinda prayer". A prayer of Consecration or Dedication always and have proven to be more powerful than the rest.

Mid-week services and Cell fellowship are OUT of some folk's programme. They may be leaders in church yet so busy to do the First works- First Love.

When was the last time you spent quality time with your Father? Not in church but alone. This is a question for all of us.


#Godbless##Goodmorning#
Oh bro,

Our God through our Lord Jesus Christ is helping me. I've seen a noticeable growth in 2 - 7, and am still growing well. I have rather slowed down with 1 as the last time I engaged in this activity was about 8 months ago. I will pick it up again and by God's grace maintain the momentum for the long term.

My church hammers on things like this..In fact, we are all charged to engage in them!!
Christianity EtcRe: Still A Christian? When Was The Last Time You Did Any Of These? by baum1: 8:19pm On Mar 20, 2016
anonimi:
So, according to your post, ushers are the same as God, right huh
I guess your pastors are Super-gods then. shocked
What blasphemy!



www.nairaland.com/attachments/2968482_FOLASHADEF_B20150708051832_jpga82e2a3a1c522be432906d4e938eb684



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Bro, we are all here to grow in our faith and not to pick arguments. If you refer to my previous submissions and particularly look at Romans 13: 1- 5, you will see why that statement was made. The statement builds on a previous submission.

God's authority can be manifested through any of his governing authorities, for there is no authority except from God and the authority that exits are appointed by God. No one says an usher is God, that would be blasphemous as you have pointed out. The point is that in a genuine, true house of God, our Lord Jesus Christ is the head and every appointment is made by Him and overseen by Him so that decisions are in line with His plan.

This is the point I have tried to make. If you disagree with this, say why and let's reach an agreement that is based on the Bible so we can learn.

Blessings.
Christianity EtcRe: Still A Christian? When Was The Last Time You Did Any Of These? by baum1: 8:10pm On Mar 20, 2016
MoltenMagma:
What I narrated is the edited version becos I don't have energy to be typing epistles. I'm not paid to post on nairaland.

The guy was 21 years old studying for his license in the UK when his aunt activated the jazz she had kept for him since his birth. She used his bathwater for the jazz and bewitched him. The guy was in the bathroom bathing, in the UK, when the jazz kicked in. Water calleth unto water.

He says one minute he is bathing, the next minute he is in Nigeria. He doesn't know how he got here. And that is how this brilliant man wasted the next 30 something years doing nothing because he was under a spell. He had no wife, no child. He was just rigmaroling around being useless to himself and everybody.

When finally the spell was broken, he got the license he should have gotten in his 20s, at the age of 71.

What of the late Fatai Rolling Dollar? His breakthrough came when he was in his 70s, after struggling for 50 years in abject poverty. How long did he live to enjoy his fame and wealth before he died? What this man should have achieved and enjoyed when he was young, because of wickedness of enemies, he was only able to achieve in his old age where he spent a short time before dying.

Bro you should be the one opening your eyes, not me.
See bro, your point is well articulated and well understood. I'm just seeing it.

One thing I want to bring to your attention is the fact that as believers, we are here on this earth to glorify God, and that is the very primary purpose why we're here. Everything else is secondary. I believe you already knew this. It's important to remember that as children of God, our destination is not this world, our destination is heaven...The ephemeral enjoyment that this fallen world has to offer cannot be compared to what is waiting for those who truly believed and lived for Jesus Christ on this earth.

Thus, if we as Christians are faced with having to choose between modelling every aspect of our lives in order to reap the eternal benefits in Christ or living our lives so as to enjoy the temporary benefits here on earth, I believe, and with the teaching of our Lord Jesus Christ, that the former should be our goal. We cannot claim to desire Christ yet refuse to obey His major words in faith..

It is possible to enjoy on this earth and also make heaven, but we must do this in complete obedience to the word of God through Christ Jesus.
In order words, if enjoying the goodies of this world means disobeying the teachings of Christ (such hating on enemies and hoping they die), then such enjoyment is unimportant and unrequired.

Blessings
Christianity EtcRe: Still A Christian? When Was The Last Time You Did Any Of These? by baum1: 7:51pm On Mar 20, 2016
anonimi:
Did the 71 year old pilot tell you that he trained so as to be employed.
Have you considered that he might have done so for his own self-actualisation and sense of personal accomplishment?
What makes you think that everyone is about employment and money?
Abeg open your eyes and broaden your horizons, bro.


[img]https://www.nairaland.com/avatars/2yfqnxluua78zpls0851tcljszlc6y6q1370582[/img]
Thank you bro/sis for the contribution..

.I was thinking something similar to your response in my head before I read your response. As Christians, we are all growing in faith, grace and in all the other fruits of the spirit in order to be like Jesus Christ our Lord..Would we achieve it in our lifetime? Well, let's keep trying!

Now, if we are living to be like Christ and Christ says we should love our enemies..What would then happen if we decided to hate our enemies? Would we be obeying Christ? Would we be living for Christ? As Christians, it has to be clear for what and whom we are living!
Christianity EtcRe: Still A Christian? When Was The Last Time You Did Any Of These? by baum1: 7:42pm On Mar 20, 2016
samuelson06:
The same Holy Spirit cannot guide you and them wrongly. The Ushering Unit itself came to be by the Spirit and it responsibility is to usher you into the church and position you for the same Spirit. You are not an Usher and as such you don't have right to choose where to sit in church when you come except the Ushers are not around. The unit was also set up to maintain order in the church and you must subscribe to it. Imagine if everyone in the church thinks about them the way you do. There would be disorganization and the Spirit of God does not work where the people are not organized. There's no need being unnecessarily stubborn. You'll only be setting yourself up for destruction because it wouldn't end in the church. It'll take you to the devil. So don't offend the Holy Spirit. Respect a constituted authority. Choose to be humble.
.

Thank you bro, well said.

I believe the bro/sis is open minded and has digested the point we all have made.

You see, we grow gradually in the Lord and, in this area of his life, the Lord will help him grow, just as He will help us grow in the areas of our own lives where we are struggling.

Blessings
Christianity EtcRe: Still A Christian? When Was The Last Time You Did Any Of These? by baum1: 7:36pm On Mar 20, 2016
shaqhead:
I beg to disagree with you on this "I sit where I feel like attitude" when it comes church folks and ushers cos if everyone in that service chose to do what they "felt" like, I bet church we will end up with a service of broken chairs.

So wen the usher tries to get you to a seat, most times to feel up empty seats in front that I sometimes wonder why we run away from and you rebuff them, what does the bible call that?

DISOBEDIENCE

What a way to start service unto God?

I had to realise this and this made me stop givin ushers headache, after all I am spending only few hours in church!
Bless this post, bro..Disobedience manifest itself in various ways. I too in the time past didn't like being directed by the ushers but as time went on, the Lord open my eyes. Little things that we do count. Submitting to God's authority is crucially important.

I pray that bro Shumuel gets led by the spirit to realize the importance of the point we are making.

Blessings
Christianity EtcRe: Still A Christian? When Was The Last Time You Did Any Of These? by baum1: 7:31pm On Mar 20, 2016
shumuel:
undecided and where is it written in the Bible, that where i sit matters ?

What if its the same Holy Spirit that is the one guiding me to sit where i wanted, but they are trying to lead me away from there ?

To me as long as you sit at the right place, their guidiance doesn't matter
Bro/sis, I kindly ask that you please open-mindedly refer to my previous post. We are all growing in the Lord and should be subject to one another, growing together in faith.

The ushering unit is a governing authority in the house of the Lord. Romans 13: 1-5 especially tells us how we should react to governing authorities, let alone a governing authority in God's house.

Thank you as you read the portion and let the Holy Spirit guide you bro/sis.

Blessings
Christianity EtcRe: Still A Christian? When Was The Last Time You Did Any Of These? by baum1: 7:25pm On Mar 20, 2016
samuelson06:
Allow them guide you always even if they separate you from someone you came to church with. Remember, they may not be doing that intentionally but through the leading of the Spirit. Positioning matters a lot in church. So allow the Spirit place you where you should be to be able to receive from the same Spirit you went to visit. Again, your Pastor put them there, so disobeying them is disobeying your man of God which isn't good.
Very correct, thank you. Please, the brother/sister who is not happy to sit where the usher recommends, the Bible says we should submit to authority for every authority is appointed by God for a purpose Romans 13: 1 - 5. The church, I mean where our Lord Jesus Christ actually dwells, is the house of the Lord and my take is that He directs any turn of events in His house - things do not just happen in His house by chance.

I encourage bro/sis to obey the ushers even if it means splitting temporarily from the person that you both came together to church.

Bless you.
RomanceRe: Any Guy Who Doesn't Have A House And A Car Should Not Get Married Or Even Date! by baum1: 5:13pm On Mar 20, 2016
zubby55:
Everybody is entitled to his or her opinion but I did not support this reason is everybody can not be rich but it's all depends on your background and the woman in question I can remember vividly when I married my wife I hve nothing but today am building a two bedroom flat with masters in Abj wch by God's grace before December I will finish d house....so it doesn't matter where u re coming from whether rich or not but what is important is if God remember u the rest is story ....most of my friends drive flashy cars and still pay rent of 300-400k in wuse but I decided to pipe low to finish my house and d next will be car and not jst that God also bless me with a beautiful and handsome baby boy who will be a year by 12th June 2016
Oga, this your baby is cute! Make sure you enter him for the next PZ baby competition!
CareerRe: The Magic Of Thinking Big And Why You Should Set Big Goals by baum1: 3:40pm On Mar 20, 2016
iknwachi:
Do you think big and set big goals? Or you
think small and set goals you are comfortable
with pursuing? Well, in this article; I am
going to share with you some reasons why
you should think big and set big goals.
“I intend to be, the richest man in
the world.” – Howard Hughes
One of the common traits shared by the drop
out billionaires and richest people in the world
is the ability to think big and set big goals.
Now let me give you a practical illustration
demonstrating the power of thinking big.
Laskhmi Mittal built the largest steel
producing company in the world; Mittal Steel.
Mukesh Ambani built the biggest refinery in
the world; Reliance industries. Aliko Dangote
is Africa’s greatest industrialist and largest
cement producer. He is also planning on
building the largest refinery in West Africa.
Donald Trump is one of the biggest real estate
developers in the world.
“Most people think small
because most people are afraid
of success, afraid of making
decisions, afraid of winning. And
that gives people like me a great
advantage.” – Donald Trump
Ingvar Kamprad built the largest furniture
making company in the world; IKEA. Jeff
Bezos built the world’s largest bookstore;
Amazon. Do you think these accomplishments
were a result of luck ? My answer is no. These
great entrepreneurs had every reason to settle
for less but they pressed on for bigger goals.
If they hadn’t planned to be the biggest; they
probably wouldn’t be there.
“I was worth about over a
million dollars when I was
twenty-three and over ten million
dollars when I was twenty-four,
and over a hundred million
dollars when I was twenty-five
and it wasn’t that important
because I never did it for the
money.” – Steve Jobs
My motive for writing this article is to
challenge your perception. I want to use this
article as a medium to open your mind to the
tremendous power that lies in the art of
thinking big. If you are an ardent reader of
this business blog, then I believe you are
aware of my personal goal to become a
billionaire. I personally took up that goal
because I love thinking big.
“I like thinking big. If you’re
going to be thinking anything,
you might as well think big.” –
Donald Trump
Now why should you think big and set big
goals ? The following tips will help change
your perception towards goal setting.
“I think I am very goal oriented.
I’d like to win the America’s
cup. I’d like Oracle to be the No
1 software company in the world.
I still think it is possible to beat
Microsoft.” – Larry Ellison
The Magic of Thinking Big and
why you should Set Big Goals
1. Thinking big forces you to challenge
conventional wisdom
Most people have been unconsciously
programmed to abide by tradition and a
certain mindset. Anything outside this mindset
of theirs is termed “ impossible or
outrageous. ” Examples of statements
portraying conventional wisdom are:
Go to school so you can get a good job
and be secured.
Don’t stand out from the crowd; blend
in.
Humans can’t fly.
Be contented with what you have.
But when you think big; you force your mind
to challenge such limiting wisdom and your
brain begins to fashion a way out. If the
Wright brothers hadn’t thought big and set big
goals; humans wouldn’t have been flying
today in airplanes. If Columbus had agreed
with conventional wisdom that the world is
flat; I wonder what would have been of
international trade today.
If Bill
Gates
had
followed
the
conventional wisdom of “ go to school and get
a job”, I doubt if he would have been one of
the richest men in the world. So never accept
conventional wisdom without first giving it a
thought. Think beyond conventional wisdom
and it will be so.
2. Thinking big challenges you to go beyond
your comfort zone
“Being first is more important to
me. I have so much money.
Whatever money is, it’s just a
method of keeping score now. I
mean, I certainly don’t need
more money.” – Larry Ellison
When I set the goal to become a billionaire in
my life time; I knew I was going way out of
my reality. I felt uncomfortable because that
goal seems like impossibility but I set it
anyway and today, I am on the journey
towards achieving such goal. That’s why I
love thinking big and setting big goals; it
pushes me beyond my own realm of
possibilities.
Now let me ask this question: have you ever
been to heaven before? What real life proof do
you have that heaven exists? Is heaven not
beyond human reality and understanding ? Yet,
billions of people hope and pray to enter
heaven; a place they are not sure even exists.
To me, wanting to go to heaven is a big goal
which is absolutely okay but what baffles me
is that while people are comfortable pursuing
the goal to make heaven, they feel awful
setting a big goal to be accomplished here on
earth. Don’t be in this group; learn to think
big for yourself.
3. Thinking big stirs your passion and
enthusiasm
How do you feel when you set a big goal? If
you feel awful that you are gunning for
something big, then you need to have your
head re-examined. But if you feel excited and
motivated, then you are on track. A big goal is
meant to fire up your enthusiasm regardless
of how challenging it is.
4. Thinking big unleashes your creative
instinct
Thinking big unleashes your creative instinct
and helps you uncover ideas that will help
you achieve your goal. When the Wright
brothers toyed with the idea that humans
could fly; their minds came up with the
possibility of such idea becoming a reality.
When I set the goal to become a billionaire ; I
initially doubted the possibility. But as my
mind began to absorb the goal; I began to
see the possibility of achieving the goal and
my mind came up with a lot of creative ideas
that will help bring that goal to reality.
5. Thinking big challenges you to expand
your means; rather than live below your
means
Have you heard the statement: “ live below
your means ? Well, there’s nothing wrong with
such statement but I believe that perception
is for small thinkers and average achievers.
Big thinkers don’t live below their means;
they expand their means to suit the lifestyle
they desire. Big thinkers are not contented
with average results; they aim for excellence.
So would you rather be a big thinker or you
prefer to live in mediocrity? The choice is
yours.

6. Thinking big gives you a purpose to live
and die for
Thinking big and setting big goals give you a
purpose to live and die for. It gives you
something worth pursuing. When John F.
Kennedy set the goal to put a man on the
moon; it became a purpose he live for and
today, he’s remembered for that goal.
When the Wright brothers conceived the idea
that humans could fly; it became their life’s
purpose. When Christopher Columbus set the
goal to sail round the world despite the risk
based on the assumption that the earth is flat;
it became his life purpose. Every man has a
purpose on earth; but you can only discover
yours if you think big.
7. Thinking big eliminate impossibilities
Lastly, the true magic of thinking big is in the
breaking of impossibilities. Thinking big
makes the impossible possible. That’s why
Adidas said “ impossible is nothing. ” This
statement is only true if you think big and go
for it.
To many, the goal to become a billionaire is
out of their reality and an impossible mission.
But to me, it’s achievable because I have a
perception that accept big challenges. So
when next you think about setting a goal or
executing a project, think big and your
thoughts will be brought into existence.
I agree with all your well-laid out points except point 5 which seems to be suggesting that living below your means implies that you are not expanding your means. That you are living below your means does not in any way imply that you're not expanding your means. You can expand your means and still live well below your means. In fact, this is what smart people do that earns them millions or billions after some time.

It remains a financially sensible advice to live below your means..Living below your means implies ensuring your costs (which exclude investment, of course) fall below your income. This remains a sensible decision any day, any time. If your means go from 1 billion to 2 billion and your expenses increase from 200 million to 400 million, you have expanded your means, you're also living the kind of life style you desire and living below your means. This is what that conventional wisdom tries to teach.
BusinessRe: See Why The Naira May Fall To The Dollar At #1000/$ by baum1:
duni04:
Believe it or not, there have been years when Nigeria has had trade surpluses, mostly occasioned by massive crude oil exports. In those years we would have earned more dollars than we spent but created very little demand for the naira. If for sentimental reasons we're pursuing a stronger naira, we should encourage foreign portfolio investors to come in and drop their dollars for our Naira to buy our securities. Exporting more doesn't make your currency stronger, it only eases your demand for dollars to fuel your imports, and even provides you with yet more dollars to increase your imports; Which is why the Naira has rarely appreciated in the past 20 years even when we've had trade surpluses.
Only a deliberate program of import substitution to ease (not eliminate) importation, and the devaluation of the Naira will stimulate the inflow of dollars that will ease the current demand.
The point being made very clear is that it is not senseless to posit that improvement in trade surpluses can lead to a stronger currency.

I think your statement which I highlighted should read 'hasn't made sense', not 'doesn't make sense' because it is not senseless at all to expect this.
BusinessRe: See Why The Naira May Fall To The Dollar At #1000/$ by baum1: 10:53pm On Jan 31, 2016
duni04:
I hate the unnecessary whinning in this article. See as a consumer, I won't patronise made in Nigeria textiles because they are of low quality and they are very scarce. As a producer I won't manufacture textiles in Nigeria because there's no power and the machinery to produce the textiles has to be imported at the current exchange rate and without access to credit facilities from banks. If we want a buoyant textile industry, we should give the manufacturers power and access to cheap credit. We should give the consumers reasons to purchase locally made textiles by improving on the quality of our local production, increasing the duty on Imported textiles and empowering the Customs to do their job and arrest smugglers.
Chikena!
And Mr OP, the exchange rate is not a means of measuring the buoyancy of a country or its economy. You should check how much a dollar exchanges for the Japanese yen. A weaker Naira is even an incentive to exporters as long as we reign in inflation. You can't be advocating for increased export oriented local production and a stronger Naira. Doesn't make sense
All these emotion laden write ups will do us no good. Enough of the noise making already!
Your previous points are strong. Well done. As for the highlighted, the poster is so so so on point. He is not advocating that a stronger naira will stimulate exports. What he is saying, by implication, is that consistent trade surpluses or declining trade deficits can help strengthen the naira and that is very true in many cases and makes plenty economic sense.
SportsRe: Sports Business - How Lucrative Is This Move? by baum1(op): 10:37pm On Jan 09, 2016
yanabasee:
For now... I have a basketballer... For football... I won't do it for free...

For the basketballer.. Check this out
https://www.youtube.com/watch?v=8m9F8ZAxmSU
Thanks very much for the interest, response and link.

Football is my interest for now.
SportsRe: Sports Business - How Lucrative Is This Move? by baum1(op): 10:29pm On Jan 09, 2016
yanabasee:
How much will you pay me to scout players for you?
I will be spending big money investing in these players. So, if you believe in this project, I expect that you'll be willing to scout very top talents for free. We will enter an agreement on how to share whatever comes in when at least one of the players makes it in the future.

I already have a young mentee that I plan taking to Europe to try out his luck. I just need more people added to him.
SportsRe: Sports Business - How Lucrative Is This Move? by baum1(op): 9:46pm On Jan 09, 2016
I may also need the services of a resident football scout in Nigeria. I am sure serious about this, folks
SportsSports Business - How Lucrative Is This Move? by baum1(op): 9:33pm On Jan 09, 2016
Hello Guys,

I have plans to bring young and talented players abroad from Nigeria and get them registered at football academies across Europe. Hopefully, when they become good and get into great clubs, I then can start enjoying my pay day smiley. In so doing, I will have helped them build a career and improve their lives and also I will have invested wisely in a venture that will generate me money in the future.

Is this a good move? Please sport analysts, make una analyse!!

Thanks a lot.
Jobs/VacanciesRe: Part Time Job - 500-1000 Naira Per Hour by baum1(op): 11:10pm On Jan 02, 2016
Dear Applicant,

We have concluded the screening of CVs.

For those who have shown interest, I want to especially thank you.

Thank you again.
Jobs/VacanciesRe: Part Time Job - 500-1000 Naira Per Hour by baum1(op): 3:50pm On Jan 02, 2016
princessginny:
I am interested, I av send you a mail
Hello,

If you see this, please send me your number and or CV via email. I've begun interviewing.
Jobs/VacanciesRe: Part Time Job - 500-1000 Naira Per Hour by baum1(op): 12:04am On Jan 02, 2016
Hello,

Thank you all for sending your interests and CVs.

This opportunity is more suitable for those residing in that neighbourhood. If you did not send your CV earlier, please do. I will begin interviewing from tomorrow if your CV is shortlisted.

Anyone genuinely interested in this opportunity should send me an appropriate email, not text-write.

To clarify, we need one person to teach Math, Physics, Chemistry and Further Maths. A Chemical Engineer would be great for this, but others who can do this convincingly should also be in touch. However, you can also be in touch if you can teach Math, Physics and Further Maths. If we can't get someone to teach all four, you may get hired

One person to teach Biology.


Thanks
Jobs/VacanciesPart Time Job - 500-1000 Naira Per Hour by baum1(op):
Hi,

Thank you for the interest shown. smiley
_____________________________________________________________________________________________
SportsRe: Nigeria Vs Tanzania : AFCON Qualifier (0 - 0) ON 5th September 2015 by baum1: 9:55pm On Sep 05, 2015
akogun7:
Keshi never presented a team as poor as this.
This guys could have scored like 4 already
Na wah ooh. Is it not too early?
SportsRe: Nigeria Vs Tanzania : AFCON Qualifier (0 - 0) ON 5th September 2015 by baum1: 9:45pm On Sep 05, 2015
richie9093:
This our keeper is too good. If Enyeama likes he should be doing rubbish, his days are numbered.
This is how you respect a guy that did us proud just some years ago..That's how it is. There'll always be someone better out there. Only time reveals such a person. I hope you do not begin to yab the same Ikeme who has performed excellently today when a better goalie is discovered in the near future.

Let's give respect to whom it is due.
CareerBaum Tenpers Research Ltd Is Hiring !! by baum1(op):
Baum T

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