₦airaland Forum

Lazyyouth4u:
This boy. You finish school in 2016, do NYSC 2017 to 2018 teaching in a village and since 2019 you have been spending all your time trying to leave Nigeria and making noise about Nigeria with various monikers when you are not betting with your pocket money. What real money do you have to invest? That 50 dollars wey your brother dey send you every month for upkeep? What finance and investment experience do you have when you have never held a real job? No wonder you hate Naija with a passion. Lack of job since you finish school don frustrate you.

Shut up boy and learn from people who are experienced and are battle tested. When men are talking, observe and learn. Don’t go and google quora and come and be telling people of your many years of finance and investing experience.

You really need to go and find a real job and gain some credibility and experience before you can form finance/investment guru or criticize a CBN governor that you will never ever be like. Oga Emma wannabe like you. Nonesense!

Owww
This guy

So you went digging into my old posts

emmanuelewumi:
I look at PE, the way Peter Lynch does.

If the PE is 20 and the average earning growth in the last 3 years is 25%, I think the company is good compared to a company with a PE of 5 and an average earning growth of 4%

EXACTLY MY POINT
Revenue growth is what I really look out for
Plus being a market leader too

@ojesymsym
With the way things are going in Nigeria

Are you still sitting on the fence when it comes to "expatriating"?

emmanuelewumi:
Bill Ackman is one of my mentors

Indeed sir
He makes investment look so simple
Even though there is still the risk element to it

Though I take his viewpoint on the ideal P/E ratio with a grain of salt though
It does not apply to all industries in my opinion
For me, even if the P/E ratio is very ballooned
If there is outstanding year on year revenue growth
I think I'll still give that company a chance

ositadiima1:
All 5 monikers are from the same person. The dude is quite intelligent, I give him that
As per the knowledge displayed, you should know that almost any subject has been discussed on this nairaland alone, talkless of scanning the breath of google. It is all here littered in thousands of threads, if you know how to search, you can effectively access what ever info u want with varying degrees of depth.

I am not saying anyone is less informed o.

Naa
I'm not the same as TransatlanticEX
We are two very different people

Lazyyouth4u:
You are actually giving me advice on passive income?? Hilarious . What do you know about passive investments??

When did you finish school? When did you start investing? And what is that stock that earned you your first dividend ‘years ago’? I’d really like to know.

Ps: Betting doesn’t count as investing o

As for you.. .
I dont even know where to start with you....

This comment has changed like chameleon over three times
You edited and edited it again
So.....
Here is what I have to say to you..

1) I am well qualified (both in education and work experience) to discuss that topic at hand where you erroneously said that there is no correlation whatsoever between passive income and unearned income
I have my undergrad degree in economics,
my post grad degree,
an associate member of the Institute of Chartered Accountants of Nigeria (by virtue of where I work, i qualify to be a fellow in three years from this day, fellow professionals here can decode where i work from the comment i just made )
And while i was still fancying the idea of canada, I wrote and swiftly passed the CIMA Certificate in Business accounting qualification, just for the fun of it
And by 2021 March, After I put APM to rest, I will be an ACCA member

I normally shouldn't be doing this, but I just had to spell it out; so you know that I am not a charlatan who just comes here to talk just because he likes to talk

If I criticise the CBN governor
I have the locus standi to, because he is not more qualified than I am
He is only older than me, and have more years of experience under his belt
Take that away from him
And we are both even
Thankfully some of the frantic moves he has made over the past week makes some sense.
I hope he continues on that trajectory

2) As for my investment journey.
While I have been in this journey for a couple of years now, never did I claim that I was an "experienced investor " like you alleged
Yes I am not a newbie
Cos I've been in this for quite a while
But I'm yet to get to the level of Sir Emmanuel Ewumi yet
And to answer your question
The first stock I ever recieved dividend in, that made me so happy, was UBA
Hope I have answered your question

3) You spoke about betting
Well, I had a short stint in it, and have quit years ago, because it's very addictive
Fortunately for me, the net gains from my misadventures there is still sitting in my brokerage account today cos I used the Proceeds to buy some equities
It's time consuming and not worth it
So I wont advise anyone to go down that road
Not every one was fortunate to exit like I did without a financial blowout

4) Dont you think it is ridiculous to baselessly claim that I and Logo Benz and Transatlantic are the same person?

Finally, the anti spam bot has released me from "prison"

A lot of hilarious comments made while I was under the ban.
Normally I'd have "resisted the urge to shalaye" like brother Ojesymsym would advise
Because I'm not obligated to ..

But I'll just clear the air on certain things...
That's all

First, me and Transatlantic are not the same person
Its hilarious to think anyone would allege that

PrinceMajestic:
After all the carnage they caused Nigeria, setting free thousands of criminals free and stealing weapons, killing, burning, butchering and roasting of police men, arson etc all this evil protesters did to my country despite disbandment of SARS 2weeks b4 then now Nigeria is still in pains and IDIOTS are planning another endsars protest because accounts of those stupid people that sponsored the evil protest. Pls I will be very disappointed if this evil surfaces in Nigeria again. Let those who deserve bullet get it for the interest of national security of my country. Fvck you bitch ass protesters, y'all ain't real.

Read what you just typed
You should be ashamed of yourself

shyvicky:
Protest won't make sense again in Nigeria because they will use thugs to make it violent, they will infiltrate it with their men and cause havoc, then they will have a reason to arrest protesters, the only way the protest will make sense is, if everyone is involved, both the police, the army, if we all use one mind, at least the police is crying for none payment and the 50 naira they used to collect and help them selves is no more, so everyone has to be involved to say enough is enough. What am I typing self? It won't work, we are too divided to be united.

"We are too divided to be united "
This statement here is the REAL PROBLEM of this country

nazicartel:
Impeach him or not, nothing changes. they should leave him to finish his tenure, when most of them worked for him against their party, what were they thinking...
I stand by my word, Buhari is not going anywhere, he must finish what he started

"He must finish what he started"
Yea right

Finish destroying the country

ojesymsym:
lol..... Do you want me to post this on the TB thread?

No need for thaf
I was just sayin

ojesymsym:
What is your recommendation between these two options? Consider that the person managing it will learn on the job but is not entirely a noob.

@ojesymsym
I have been banned by the anti spam bot for days now
That's why I have not been able to comment there

Some of the comments there are highly ridiculous, and would be addressed once this anti spam bot releases my account to comment again on the investment section
Under normal circumstances, I would have taken your advise, and "resist the urge to "shalaye"
But this time, I think I need to do just that

Imagine the guy seeking my attention, up to the point of even accusing me of being an alternate account for Transatlantic and Logobenz lol.
Anyways, till the anti spam bot let's me comment again

I dont even know what to say

flokii:
Glorified secondary school.

Pay such huge amout to learn nothing and obtain printed paper certificate. Reason they dash all of them first class and 2:1 while they go outside to fumble.
How many of their church members can even afford this??

You know what is worrisome?
Over 120 people liked this post

Myhusband:
you're rigged out because you lose but you would have been rigged in if you had won



I knew Aburi will win that election, like how do you expect someone to resign as MD of polaris and not to be certain of electoral victory plus PDP set their political priorities on wrong direction, instead of the likes of bode George and others to strategize in silent to support Gbadamosi bye election, na Tinubu them dey attack


it's now official to say Lagos is running a one party system, even though I would have love another party to takeover but PDP giving ticket to non Yoruba in Lagos started their predicament, even Igbo will stand against any party giving non anambra position in anambra not to talk of non Igbo in Igbo land

The bolded is wrong actually

LikeAking:
I knew Amatekun or wat ever will end in tears.

The African man lacks logic.

You are right
Black man has proven again and again that he is incapable of CRITICAL THINKING

A lot of myopic and uni directional thinkers in this country and continent

With the repugnant mentality prevalent
How can this country get better?

SIONKPO1:
Boko haram will not stop soon only until aggressive Laws are made and implemented:
*Provision of Basic western Education
*Ban the public use of burga
*Regulating the Activities and sermons of Imams
*Jettisoning Almajiri system totally
*Encouraging family planning amongst the locals
*Having Community policing but not must hand over every criminal to police for prosecution
*Empowering the courts for fair and swift despatch of justice
*Reducing the numbers that go for hajj and also monitoring their movement

Basic education
Cancel the western part out of it
Education is education
Quality education

janga:
dollar now crashed to 460 even on crypto exchange. well its good for some and bad for some

That's good

internationalman:
fter achieving everything in the world without a family, then you would know that kids are the biggest achievement of all...

Even though I'm scared of marriage but the feeling I get when my babe is sleeping over is enriching. I sometimes wonder how it would feel when this sleeping over happens everyday...

I disagree

Some of the greatest men ever, who changed the course of humanity FOREVER were childless and without family

BadRadio:
Some live to harness themselves for it.

Some would set no other goal & do nothing else but look forward to the excitement of being married.

For a man or a woman, Is marriage and having kids an achievement?

When a man or a woman decides by choice not to have kids or get married, does it in anyway affect them?

What are the core importance of being married or getting married.

Is having children paramount in marriage?

Its instinctive to do
Hence it's no special achievement

Lazyyouth4u:
If I’m making 500m per annum on base salaries alone, why would I be concerned about Tbill yields or NSE returns?

That's because there is a clear distinction between EARNED and UNEARNED income

UNEARNES INCOME dey sweet to collect
I remember when I recieved my first dividend years ago
It felt very good lol

Talk less of just passively investing 10% of that N500m on selected stocks and maybe other instrument
In 6 years the passive income/cash flow will be something to cheer you up

No matter how much you make
Please please and please
NEVER DOWNPLAY COMPOUND INTEREST and UNEARNED INCOME

ojeysky:
They did?

They want to.

That said
Our market seems to be flat at the moment
No much action as expected

Aconomist:
You don't understand real estate. Marina is full of space, we are just wasting it. Even in the picture above, you can see many short wasteful buildings. In a white country, buildings like that would have been demolished to make way for skyscrapers. That is why cities like Dubai and New York are so tall. They build taller buildings to CREATE more space.

Us Africans are very stagnant people. Even with the astronomical rents on Victoria Island, most of the buildings are still 1 --5 stories. Why shouldn't rent be astronomical in a city of 20 million people with tiny buildings? Weep for Nigeria.

You are right
Lazy thinking abound in Nigeria

adanonso:
This is my Priest Sermon on sunday and i Regret that i have four already. Now that Reccesion hits my husband Biz and Chest Pain is giving my tailor Biz Setback, i Regret getting married in the first place. And to think i was a good girl hopeIng for a happy married life make me wish i can turn back the time.

You shouldn't regret
The deed is done

LastProphet:
Yes everything you said is right about blacks being always late to adjust to changing reality. Is true the world reached a billion for the first time in 1800. Then 1.6B in 1900, and 6B in 2000 just a hundred years later. My brother you see the fact staring us in the face but not good to accept is that we really have many dull people more than other races. Few are thinking, I'm just tired

You are right

Very unfortunate

NL1960:
N4m per month and other allowances and yet he still steals. What does he spend N4m per month on that he is not satisfied and has to still steal?. I normally tag people like this as suffering from 'poverty mentality'.

The society is a money worshipping society
Listen to the music
Watch the movie
Look around you

Isn't it a pointer to the fact that something needs to be done, and done FAST to redeem the country

uncleck:
Growing up in the 80s, I saw what love, generosity, selflessness and loyalty were. Life from Y2K onward is not just strange but disturbing. Nothing is done for gratis anymore. Every gesture now is a bait. Even love now is transactional. People don't help, even their close relatives without expecting something in return.

It's a fvcked up society

It's really messed up

ahiboilandgas:
...the year has been horrible .....devalution, derugulation ....low margins , lock down have dealth a big blow ....a very messy year ...

We are grateful for life
That's most important