₦airaland Forum

Can someone please put me through stocks?

Benzboys:
Well let's just say you don't have enough money that's why you are buying fixed income rather than real estate because if you did have enough money,you should have been looking at buying a property in Ikoyi for rental income.
Do you think tenants in Ikoyi owe rents?
Money stop nonsense nwanne,leave plenty shalaye.
Na for all those 300k backwater flats weh you dey hear say person dey owe four year rents because landlord dey fùck em woman.Try that in Ikoyi and see
Chagoury group develop eko atlantic city,massive real estate in the heart of lagos.Later go and rent there and owe them let me see or go lekki phase 1 go owe
If they used that money to buy fixed income,many of you with your 5m won't even see fixed income to buy in the first place.
Leave business for those who have enough money and expertise for it and not condemn it because you don't have what it takes to do it properly.
If you take offense at what I said I'm sorry,but it is what it is...

Let me cut my coat according to my size

emmanuelewumi:
You now see the reason why busy executives are okay with portfolio Investments that will conveniently give them between 15% to 20% per annum and they will be okay on the long run

Good! Imagine investing 20M

Is 15% not enough yearly

ultron12345:
I can relate very well with your second paragraph.

I run a manufacturing business and a trading business.
The biggest challenge in my manufacturing business is not power, or infrastructure, the biggest challenge is getting honest staff. Everyone we hire is appears to be on a mission to steal as much as possible. Inflated invoices, recording less than the actual number of units produced. The worst part of it all is that all the fraud we've uncovered is not done by a single person, it's usually many staff who collude with each other, from production, to sales, to finance, even top management. There was a year I overhauled management 3 times in a year. But I've found a solution sha, I now use Indian management. So competent, so honest and so straightforward. I thought they were expensive at first with all the visa fees, accommodation, house staff, but now that losses due to staff theft have been reduced to a minimum, and efficiency increased, the Indian management has turned out to be cheaper than the previous Nigerian management. Now, all sensitive positions involving money go to Indians. Nigerians are only allowed in non-sensitive positions. I used to criticize companies like Dangote Group that hire so many Indians when there are many unemployed Nigerians, but now, I understand their decision.

My biggest challenge in the trading business is the same, getting honest staff. The form of trading occurs in the open market, and involves staff having access to huge sums of money running into a few millions. I know how much I pay to security companies to provide escorts for the staff, not to prevent robbery, but to ensure that the staff go straight to the bank to deposit the money after the day's sales and not disappear with my money. This money spent on security companies is even enough to be declared as profit. We have to spend on CCTV, biometric scanners and other things that wouldn't not be needed if staff weren't looking for the slightest opportunity to steal.

It got so bad at a point that my main criteria for employing staff was no longer conpaetency but honesty. At least, competency and skills can be learnt, but once you're dishonest, you're dishonest.

We always complain of the economy and how they are no jobs. I know people abroad who would have loved to set up job creating businesses in Nigeria but they can't because they can't get any trustworthy person to run it.

I know people in Nigeria with so much money, they want to start factories and other job-creating businesses but they can't because they are occupied elsewhere and can't get any trustworthy person to run the business. So instead of investing in the real sector and creating jobs, they'll just buy treasury bills, while the thieves are shouting no jobs.

Many big businesses would have been born in Nigeria if we could engage in partnerships, but we cant because you can't trust anyone. This is one advantage the Indians and Lebanese have over us in Nigeria. They can pull resources together and do mega-business, unlike Nigerians that because only one person must do everything since we can't partner, end up with small, tiny businesses.

Start a poultry and they will be stealing your eggs. Some will even go
ahead to be killing the chickens so that they'll be allowed to take them home.

Start an entertainment/viewing/game center and they'll be pocketing
your money. On the days you're around at the business, the money
realized will be x10 of the money realized when you're not around.
Because they're eating your money.

Lease out a vehicle to a driver to use and watch as he'll finish you.

Start a restaurant, the same thing will happen. More than half of the
total food ingredients will end up in their personal kitchens.

Even ordinary provisions shop, they will find a way to steal.

You'll see them with that their evil, wicked saying "na where person dey work, na there e dey chop, na e make dem dey callam workchop/workshop"...... Just imagine, justifying theft at work.

And you'll see these people point their crooked fingers at politicians when they're not any different. I usually say the reason most Nigerians haven't stolen billions of government money, is simply lack of opportunity.

Nigerians are the problem of Nigeria.

That is if they do not even kill you! I have enough money to start up any business in nigeria but i will rather invest them.

Even real estate nko? Someone suggested I build houses and rent them out.

I know what tenants can do, it is easier for Tenants to get house than for them to pay as at when due and even maintain the house.

Inagine building a house for 30M and then renting it out for 500k yearly?

Yet you still spend money maintaining the house yearly and you will still have to beg the tenants to pay.

My Goal is investment and not business now

fineguy11:
Adjusted LAPO FD rate...Still lucrative, despite economic challenges we facing currently..Msg me for more info.

How do we go about this?
The 30days, can it he rolled over?

emmasoft:
Suggestions:
You can do:
Mutual Funds - VGIF Recommended
Shares of dividend paying companies e.g Gtbank, Zenith, MTN etc
Bonds - You can be building your funds in VGIF before a primary auction of Sukuk or FGN Bonds
Open account with the link on my signature to venture into the above options with Investment one (Former GTBank Asset Management)

What are the ROI sir?

ksmart027:
Car picture

Those are details I can’t share,
I am quite popular offline and sharing the picture will enable people to be able to link this account to me .

And this account is mostly what I utilize in asking sensitive questions

May God bless everyone on this Thread and may God bless my elders in the financial industry.

I love investment but i do not have a thing for settling up a business because i love working from home and feom the comfort of my house.

I made some couples of money from Forex and I already have some investment in lands.

I need suggestions on where else i can invest in (like Tbills and co)

I have a budget of some millions and I am looking at suitable places (well insured) i can invest in with Favourable ROI. I am ready to explore as many opportunities as possible.

I read back on some pages and i really can’t fully understand most of the opportunities.

God bless everyone and i hope to get favourable responses from everyone

2nd month of using my car!

No regret whatsoever, i changed the oil to the recommended oil and i’ve been so careful with it, but it seems scratch is unavoidable in nigeria i do notice new scratches and it do make me wonder how it got there.

But one thing i have noticed it is that CAR is prestige!!! This CAR gave me a prestige a Money in the bank account will never give.

I get a lot “Sir” from security personnels daily on the road.

If you have the money to buy a CAR! Get it.

Though I might be changing the Front shock absorber soon

GOD! This is not ABK at all o����

I must definitely show the part of ABK you all do not want to see

Bigflamie:
You want breakaway? Buhari, please give them breakaway.
Myopic wailers.

Media should stop disturbing us with this horse sh*t, we don't give a fvck about Nigeria political party crisis.

For real! WEE ARE NOT INTERESTED!! They should DO ANYTHING THEY LIKE

Neroiam:
Why don't you do it yourself? You can earn up to 50% ..

@drillonmarkets on telegram

Tell me more

Can anyone offer me 30% ROI here? I drop money

You invest on my behalf

What’s the quotation for 4 by 4 with burglary?

What’s the quotation now?

roaaluminium:
Ladies & Gentleman
Rock of ages Aluminum Company
TOWER
4×4 window with burglary 39k
4×4 window without burglary 29
THICK
4×4 window with burglary 32k
4×4 window without burglary 25k
rockofages@gmail.com
Call 08069609983 or WhatsApp
Thanks.

How much now?

[quote author=mindplanhomes post=40269724][/quote]how much would each of this cost?

[quote author=mindplanhomes post=40269724][/quote]how much would each of this cost?

ebuks4ever:
Recommended atf is Toyota WS

Okay Sir

Na so them dey talk

radautoworks:
[s]Having a problem figuring out which one is you because all messages show as read. What car was it and what was the inquiry?[/s]

Turns out it was technical difficulties. Please confirm.

Boss, how much is Highlander shock absorber

To the SEX world, you are a virgin

tiamiyukunle69:
true but you must have time to wet ooo

Sure, once you have the moulders

They wet it daily.

I did mine for my building and it was way cheaper.

I merely bought cements in abundance and enough sand.

The Guys charged 800naira for one bag of cement

Moulding
1)It’s cheaper and you can also determine how stronger you want it to be

AMDMAN DEY TRY ABEG!

No body really want you to be successful in NIGERIA! Haters too plenty

Conclusion
Visited the mechanic today and i will be draining the previous one and i will be adding the factory recommended oil

SHABZ:
Drain the oil and replace with the correct one. Since the car manufacturer recommended lesser weighted oils, thicker oils will make the engine work more, this causes issues over time

Okay Sir

SHABZ:
Drain the oil and replace with the correct one. Since the car manufacturer recommended lesser weighted oils, thicker oils will make the engine work more, this causes issues over time

Thank you Sir

HeavenlyBang:
Audio cars need audio oil.

Heavenlybang, you’re someone I respect a lot

You really need to stop this

When my car landed in nigeria, the mechanic that serviced the car weeks back used a SAE 20W-50 for the servicing.

I just checked the engine cap and I discovered that the recommended OIL is SAE 5W -20 orS” SAE 0W - 20

Could this harm the engine? What do you suggest i do?

I am new to automobiles

And to avoid heartbreaking stories

I use only FUEL from NNPC