₦airaland Forum

I've got one. N30m.

Holla at me, donaldmbaka@yahoo.com, 08059110658.

Yomi, i appreciate your desire to invest despite the limited time available to you, When you say business, i'll take it to mean an office, chair and table kind of venture. Good. I must warn, however, that such require close supervision, you see, given the nature of humans, only YOU can diligently run your business to the best It could possibly be, that is not saying that someone else cannot, ABSOLUTE CAUTION is what i am advocating.

As per your loss in the stock market, i would say that it is normal. This may not sound to pleasing but is the fact, hang in there, better days lie ahead. Though, there are other financial securities with less risk and, of course, less returns than stocks, but with a lot more safety. send an email to donaldmbaka@yahoo.com or kanklenzi@yahoo.com and i'll discuss these options with you. Thanks.

yep!!!!

The stock market is experiencing a bearish run due to a combination of factors two of the main which are: (!) The rumuor that the CBN had mandated all banks to stop giving out margin facilities (2) The CBN's laudable policy of a uniform year end for all banks so as to check the obvious manipulations of their balance sheets. The average Nigerian participating in the stock market is more of a speculator than an investor, this has further aggravated the situation. My advice; It is a dicey situation but not a bad one, the market will sort itself out, of course, a little push from the government is welcome. Hold on to your shares - As a matter of fact, buy more, beyond every dark cloud, is a silver lining. The market will pick up.