₦airaland Forum

Rekhina:
Yes ,north abandoned tinubu isn't fair , but igbos are to be blamed because they are buying up Lagos instead worshipping tinubu ,buhari and cabals who are from allah ,

Allahumdillahi tinubu is whom we yorubas worship in Lagos ,
TINUBU(S.A.W) we omo aye bow down and worship u !
TINUBU(S.A.W) you are from heaven! me , Area4Area helinues legendher0 metaphysical and charlotteflair worship ur blessed yellowteeth by Allah

Twizzy30:
How much is that in naira ?

zexy2030:
The figures got my attention, I enjoy figures in the confine of my profession. 15% +85%= 100%
Your write up is cute.
Buh note, infatuation is to kids, lust is to adults, but love is to divinity.
love is reserved for divinity.
If you are not divine, you can't love.

rezky:
With reference to the bolded., what does living in ikoyi has to do with characters/attitudes guys display on the platform?
How can you tell if most of the irritated and provoke guys are not from the said location?
Will it be wrong with if you relate with people out of your circle.?
because i'm not understanding..', there is droplet of madness in every area.
My advice for you is simple.., just take a back sit as i do., read the stories or news on the platform and move to the next 1., no be must make you comment.
Read for the laughs, learning and knowledge...and comment when it matters.

Davash222:
Safe to call it Peak Milk Yoghurt

egopersonified:
Please take note, the suffix 'personified' should not be used as an appendage of any negative word. Only positive and inspiring words can be used in the same sentence as it. Thank you.

Nezero:
Lol. No sir.


I read it on quora and it made sense.
My background is in chemistry.

tyson98:
Poverty has eaten ur skull too deep

APOPTOSIS:
I just have this Believe that ANTHONY JOSHUA won't survive the 5th ROUND.
REASONS:
RUIZ has got nothing to lose.
AJ made him Famous.
AJ is the One under Pressure.

Nezero:
Sometimes when you gift a charity 5 billion naira, you are gifting yourself 5 billion naira

Answer to Where do the wealthy hold their money? by Terence Helikaon Nunis https://www.quora.com/Where-do-the-wealthy-hold-their-money/answer/Terence-Helikaon-Nunis?ch=3&share=47f6a6d6&srid=hlSS9



Where do the wealthy hold their money?
Terence Helikaon Nunis
Terence Helikaon Nunis, Investments, wealth management, liability protection & succession planning.
Answered Feb 26
The difference between the truly wealthy, and the masses is how they organise their assets. For one thing, wealthy people avoid holding their assets, whether property, stocks, or even art, in their name. Assets belong to companies, trusts and foundations.

Assets held in such entities are considered distinct from the owner of these entities. This mitigates tax liability, since a company or trust is taxed after liabilities and deductions, whereas an individual is taxed on gross income. This is significant, because it is possible to expense out many things that we spend on. Visit your friends overseas flying first class? Business trip. Dinner in an expensive restaurant with your buddies? Business entertainment costs. Bought a new car? Company asset.

[b]Assets in foundations have tax deductions depending on what the foundation does. For example, in some parts of the world, including Singapore, there is a tax deduction for donating art to certain institutions. If that foundation is yours, then you have effectively donated to yourself, and got a tax deduction out of it. For example, you could buy fine art at a certain price, direct from the artist. You get it at US$1 million. You then have it appraised by an appriaser you hired, and it is now US$5 million. You then make a donation to a foundation you set up, that runs, or is a major donor to a museum. Depending on the legalities of the place, that donation is tax deductible up to, perhaps, three times the appraised value. You now have a tax credit of US$15 million on US$1 million spent. Should you choose, somewhere down the road, you could even arrange for the foundation to gift you that same piece of art for your services to the community, and hold a gala dinner, raising funds for a charity you started, among donors, for further tax credits.[/b]

Assets in companies and trusts are protected from bankruptcy proceedings and asset seizure by creditors. Assets in trusts are confidential, unlike companies, and you need not disclose them. Assets in companies may need to be disclosed, but there are ways to hide things in plain sight.

Assets in companies and trusts are also protected from asset seizure and claims in disputes and in acrimonious divorce proceedings. The problem with pre-nuptial agreements is that they cannot cover everything, and the determined person may find ways around it. You have to prove each and every item is not a matrimonial asset, in some cases. But assets in your personal irrevocable trust is considered to belong to a distinct entity - the trust. This is despite the fact that you can make yourself the settlor, the sole trustee and the sole beneficiary. It is you giving to yourself.

Another asset class that wealthy like better than normal people is insurance policies. For example, wealthy people buy a lot of investment-linked plans. They can easily afford to put money in high performance funds, and get separate, high net worth coverage plans, which are superior to most retail plans. But when it comes to an investment-linked plan, the coverage is declared, not the funds inside the plan.

For example, a person can easily buy a plan with a regular premium of $2,400 annually. The coverage may be US$100,000 for death, which is pocket change. But an investment-linked plan allows you to top up whatever you wish, as long as you can prove in the KYC that you are the legal source of the funds. A plan that has a face value of US$100,000 coverage could have millions inside.

In some parts of the world, some insurance companies allow withdrawals from the investment-linked plans to be in the form of cheques, and they can be sent anywhere that you specify as the correspondence address, perhaps even a neighbouring country. That cheque is then cashed in that country, and you have effectively moved money without going through the banking system, and without scrutiny.

The wealthy, and the masses understand finance differently, and are effectively playing a different game. Unlike the masses, wealthy people understand the need and value of a good financial advisor who understands how the system works, and they will pay for it. None of the things above are illegal, which is very important. There is absolutely no need to break the law when you can play with the letter of the law

khia:
Are you re.tarded?

dawnomike:
I reserve my comment

BlackfireX:
I need 10 million naira to organise a rally not protest o, to remove buhari from the presidency.

XploreLife:
Sobs! I feel your pains bro. Life gives no bleep at your situation.

Accept the reality and keep pressing the damn button niccur.

Don't give up!

Nobody is ever ready to be ready, we just find ourselves in this game of survival.

And lemme tell you what? You are not alone. Tell that babe your pains, plan together and cook something.

Be a man and face your battle.

Your dream babe is right there with you, instead of you to dust your shit and get to work, you want to surrender? Weakling.

She wants you to appreciate her by putting in some work like a real man.

Even if the resultant is tiny, she'll commend you for your efforts.

Have you thought about why she fell for you initially?

Don't give your blessing away because of the financial insecurity.

Believe in yourself and don't bug.

SENATORidiot:
Not savage

taiyesoul:
1 Billion Naira houses!. How many rooms in those houses is he going to sleep at the same time?. Vanity!