₦airaland Forum

Qudbell:
thanks but what I really wanna know is which is more open to job opportunities and flexibility.

Do both at entry level and see where your career takes you. I wouldn't say one is better than the other. On opportunities, it really doesn't matter much at entry level. Quite a number of people even have both at the highest levels.

I did my CCNA before getting my first MCP. I never went beyond CCNA eventually because my career was steered towards Servers, Desktops and Applications...so I concentrated on the Microsoft ones. Cisco gives you a very good foundation in understanding networks and that push, at entry level...their exams are a little more difficult and more expensive.

richie9093:
I was about to open with Morgan because of a recommendation I got on another trade. But since you say it's "cheap", mind sharing other quality ones?

hahahaha! Cheap is not bad as long as you know what you are getting. It suits a lot of people that they want, they don't mind the outages...they don't complain all the time.


If however, you are someone that loves to be able to reach your broker when you need them then Morgan doesn't tick that box and for a good reason (Just like Vanguard Mutual Funds, very low fees in the US but customer service is shit, difference is they are not a stockbroker, they are a fund house). I use cowryassets and they meet my needs, do I have issues with them? Yes I do, and I give them a bashing when they deserve it. I don't go around shopping for stockbrokers and I don't think most people do so it might be difficult to recommend any besides the one I use. Customer Service is the primary service a stockbroker offers to "me", and if they can't get it right, I can't play.

So why am I writing all these, to make you understand...Morgan might actually be good for you. Just note the frustrations before you get in bed with them.

Intendy:
I agree but @ what rate?
this is becoming a norm.

Abi!

stokfrick:
u r the one fooling urself ok! if u dont know what to type just shut your smelling trap of a mouth up ok!

Wow! Did I just touch a nerve there...mabinu O! I was only pointing out a fact that people complain about all the time, yet many still decide to join.

stokfrick:
this morgan capital is just a mess

Usually when someone gives you a service that is below market price, you are going to pay for it one way or the other. Thinking you will get away with it is fooling yourself. Morgan has their issues and I have mentioned it several times here, but please that is the service you paid for.

NuttyChoky:
One time pain bro... Sell side on I-one is 2.04%, buy side on Morgan is 0.85% since the transaction is same day, assume no price difference between sell and buy side (off course you can even buy back lower on Morgan because you can SEE the market realtime)

Go away jor? That is two time pain, one bad pinch and a light one.

My point actually is, you have bought the stock already why sell because you want to move it between houses when you can do that through CSCS, your current stockbroker and your new stockbroker for a very small fee or none at all. Why not keep it till you are ready to sell finally and pay the 2.04%...that would be a one time fee.

Note that I have not even bothered to mention my disdain for Morgan's customer service. 3% is a lot to waste!

soloniger:
gurus in the house, Naira appreciated from n300 to n371 from January to as last night in Dubai as a fore said
pls is there any such yield in the nse?

Do we now monitor the value of naira in Dubai? Orisirisi.

Do yourself a favour and check how much dollars has been selling for on various platforms and ATMs in other countries.

NuttyChoky:
That is what I did... Sold all my stocks with I-one and bought afresh with Morgan... You will suffer a one time pain of almost 3% but I think it was worth it

Ha! You didn't suffer a one time pain "You sell, you pay, You buy, you pay, if prices have gone up since you sold before buying, you pay; if prices have gone down, you gain."

truthfulness:
Is it in Abuja?

In Lagos...

This Oando gist sha. Na the same with Transcorp, Dangote Flour and so many other stocks. While some people are crying over it, others are making money unlike Beco, Japaul that have refused to move for years.

The points are good but you may not find a house that would tick all the boxes. You take those that are very important to you and find a way to mitigate the rest. I give am example.

1. Problem: My house has those creeping water walls, the whole estate is like that but it is fairly safe.
Mitigation: I just use waterproof cement and repaint. Someone also suggested after using waterproof cement, I should use marine paint....I have not tried that yet. I have only repainted once in 5 years.

2. Problem:The water pipes are conduit and am sure they are leaking because my water tank will finish in a day if I leave it on.
Mitigation: I bought a standalone tank so I don't have to pump water all the time, also installed valves to ensure I can turn off the water flow through those pipes when I don't need it. For the kitchen, I have a big water bucket that we fetch water to, from the kitchen tap.

3. Problem: We have a security problem that borders around petty thieves especially when there is no one in the house and when there is no light.
Mitigation: Installed burglary proof and got a solar system, so security lights are always on.

I love the estate, I love the house. I am willing to spend a little to put it into a good shape and enjoy it as much as I can. I am careful about doing too much though e.g. breaking the walls to solve the water pipe problem; that is not my problem and my house maintenance budget will not cover that. I can walk around 2am if I feel like, buy eggs on a Sunday morning, bike, several ATMs available, fuel filling station, market, loads of supermarkets, Pharmacy, hospitals are about 1km away, fairly accessible roads, cheap rent compared to other places in the same area, Lovely neighbours ... and some places and services I don't patronize but might appeal to others...viewing centers, joints, trashy night club, Suya spot, fresh bread.

fairygeh:
Haba,your wife spends 75k monthly for her own upkeep? What is she upkeeping? Buying clothes ,phones,jewelries up and down i guess.without contributing any quota to the family and she still expects you to give her more. Oluwa,alanu oooo
It's not even the issue of she saving half of her salary that matters if she were using the other half to also support the home in her own way and not just for her own selfish upkeep. Do you know that in some homes, both the husband and wife's income are not up to that 75 k that ur wife uses for her own "upkeep" and they survive?
You seem like a cool headed person and it's just normal that u wish to give her monthly stipends, but since you say u provide for food and she provides basically nothing for the house, even the 20 k she will use it to buy make up and not for any tangible thing,abeg reduce it to 5k abeg or nothing at all.
Haba,some women can be more than selfish.

Pardon my ignorance but I think what a woman makes and what she does with it is her business. However, with great and understanding women, you will see them usually put some of that money to use in the house. I believe a man is totally responsible for household expenses but it gladdens the heart to see a woman trying to offer some form support. Again, I am very African in my thinking...

Good to see the discussions on this topic.

I think we all struggle with how much is enough and to be honest it varies for different people.

I have a wife and a child (honey doesn't work at the moment), I try my best to buy all that is needed in the house (basics) including baby food, diapers, clothes, toiletries. I pay all utility bills except money for fuel which I have told her she will have to take out of her allowance. I have a power solution including inverter and solar which serves our needs. Turning on the gen happens only when she needs to use the ac or pump water if there hasn't been power for a long time. I hardly eat in the house, wish I could eat more but I have been like this for a long time...am okay with garri most times. We don't own a car (my choice) so if she needs to go out to meet needs that are pertinent to our upkeep, I provide taxi fare, this includes trips to hospital, families. I am very generous with taxi fares.

I give my wife 100k monthly allowance but I can afford much more if only I can see some commitment to healthy spending. How she spends it is none of my business. I however, request receipts for hospitals bills and other expenses outside her allowance.

Now that I have provided you with the above information. Let me explain why I decided to go this route. My wife used to work before she had the baby and will return to work soon. However, she cannot simply account for money she has made in those years (except "gbese" that I had to clear). While we were dating, she was also on an allowance. This was my way of teaching her how to manage money. Unfortunately, I have come to the sad realization that she simply cannot manage money or account for it hence taking the route above. She is a lovely person, but I am accountant at heart...and simply cannot have money spent without some form of accountability.

I made one thing clear though, my money is my money. There is no such thing as our money till I see some accountability. No joint accounts!
She knows how much I make for transparency sake but that is where it stops.

Why am I writing all these, how much you give depends on several factors such as how much you make, what u can afford to give, your personality, her personality, mouths to feed, where you stay...the list goes on. How you arrive at a final figure is by being fair and logical in your approach. The sane thing would be to keep talking about it and adjusting the band as you grow together.

***Addition***

I just got a salary reduction but madam got a raise on allowance, prices of things have gone up and I understand. I called it COLA (Cost of Living Allowance) adjustment.

Please do you know any stockbroker in Nigeria that can buy international stocks? Interested in one that buy into some of the products of Vanguard Investment Group or similar companies. Thanks

735i:
Kai.... I'm at a loss....
To sell my dollars and pick up stocks....
Or wait to see if naira will fall further after Emefiele's announcement...
Kai!!! I wish we had a proper derivatives market...

I would say hold your dollars for now.

Yipeee!

Intendy:
UPDC REAL ESTATE INVESTMENT TRUST FUND (UPDC REIT): Closure of Register – Year Ended 31 December 2015–

Proposed Dividend: 41 kobo per share

Proposed Bonus: Nil,

Closure Date: 1st July 2016

AGM Date: 14th July 2016

Payment Date: 14th July 2016

AGM Venue: Nil

GidiPrince:
hello house,

Please can anyone here shed more light on Stanbic Imaan Mutual fund?

Please i need some more details. anybody here can pm me or reply.

Thanks.

I am not familiar with the product but it seems Islamic...which means they would invest like other mutual funds do but stay away from assets that are haram in Islam.

***modified***

You can check http://www.stanbicibtcassetmanagement.com/?page_id=72

Abeg has anyone received dividends from FBNH? Maybe I mixed the dates up

It has been about 7 years now, I hope you guys will read this and laugh about how naughty you all were. Haba! Ni to ri Olorun

Remember the internet never forgets...

Oga O! this naija sef

You can't just close your eyes for a few minutes without everything getting more expensive. Now I can't buy FBNH, Oando, DangoteTiger, DangoteSugar,Transcorp, NAHCO, Livestock anymore...

taiwoliu:
I agree with you my oga, but my concern is; if the real sector investments increase (increased entrepreneurs) without equivalent export expansion and ease of doing such, we will still go back to square 1.

good morning

ha! I am not an economist o! However, I think exporting should not be our primary focus...we should focus on being more self sustaining. What we suffer for most times is balance of trade, I will be more in support on reducing imports as an economic policy to attain self sustenance first, then increase exports to become the badass African brother we should be.

I give an analogy on Personal Finance...yes as an individual, I want to increase my earnings but no matter how much of that I do , if there is no balance...I will always live paycheck to paycheck. But if I reduce my spending first, I create a culture of being frugal then any increase in earnings will have the magical effect. in the end, it is all about balance.

If you want people to invest in the real economy, you have to continue to make some investment returns as lean as possible. We cannot eat our cake and have it...the rates will probably continue like this till things pick and who knows, they might even go further down.

stainchris:
Please,i need the e-mail address of VGIF.i want to get more information from them.At what rate are they operating pls?

maybe someone will post an email addy for you later. in the meantime use http://www.investment-one.com/index.php/contact-us/enquiry for your queries.

cheers

The following eight companies have been delisted from the Daily Official List of The Nigerian Stock Exchange effective today: IPWA Plc, G. Cappa Plc, West African Glass Industries Plc (WAGI), Investment & Allied Insurance Plc, ALUMACO Plc, Jos International Breweries Plc, Adswitch Plc and Rokanna Plc.

hmmmmmm...

This place has gone dry o! Kilode?

Tolexander:
It will be tantamount to stealing on the Emirati part if the accounts are closed without returning the money in them to Nigeria.

So you and all your likers didn't see the part where it said...Cheques will be issue to them.

RichYoungNigga:
ATM card is not debit cards.
Atm card is a card issued by your bank and you can be able to use the money you have in your bank account.

Debit card is a card you buy in the store or order it online (example is Bluebird debit card, Accountnow, Brinks prepaid card) and the only way you can put money in them is to go to Walmart, Kmart, Dollar tree or Dollar family, hand them over the money you want to add to it

An ATM card is any payment card issued by a financial institution that enables a customer to access an automated teller machine (ATM) in order to perform transactions such as deposits, cash withdrawals, obtaining account information, etc.


source:https://en.wikipedia.org/wiki/ATM_card

fulfillment2020:
It's not called ATM card, its called Debit card.

Wow, Big boy.

You can imagine....lol

Ignorance is bliss

RichYoungNigga:
Please, stop showing your ignorance.

Big girl for mouth.

What Nigerian banks issue is ATM card.

Wow, big girl

What Nigerian banks issue are credit, debit and prepaid and probably a host of others. Any card that can be used at an ATM, is an ATM card...gosh!

Nigerian Banks issue Credit, Debit and some even offer Prepaid cards. (At the moment the credit cards are limited to naira and dollars in most banks)

Visit your bank site and see. Requirements for having one are also available.

leo1234:
Tiger gained over 9% today.

I wish they could leave Tiger and add Dangote. Dangote Tiger!!!