emmanuelewumi: UC Plus Advance, the money lending subsidiary of United Capital should be able to make good contribution to their bottom line
I contacted united capital about fixed income with them and using it to get a loan with them but I was told they will connect me to united capital microfinance to do that. Is that the procedure?
Tonididdyx: Spending billuons on wars when the world most sleeps hungry. Their wars have caused inflation.
... I don't blame the leaders, I blame the masses, we have suddenly become sheep without a say. A group of men decide to spend billions on weapons because of a stupid ego dey both refuse to thrash out.
... This world politics is just senseless, the people must wake up!
Locotrader: My people, inasmuch as all of us are believing this is not a planting season,I totally agree but there is only one sector I am seeing this time as the planting season.This sector will be going up even when other stocks are pulling back.
The brewery sector.If you have a spare fund, invest there now. NB Guinness IB Champion.
All are in loss and no figure backing them up but they are grossly underpriced based on the present bull hitting the bourse.
Loco is taking position after making some researches about the brewery sector from my my own ogas outside here.
My trading these days are on stocks with small free floats and I pointed one here 2 days ago.With time we will see the one that will give the best returns.
My worry with the brewery is the losses. I checked NB financial report for Q3 compared to 2022 andi am not impressed with the net loss. The fundamentals are not supporting entering them now until the management corrects the financial issue of the company My observation though
pansophist: Japa. Japa was not a thing thirty years ago. Twenty years ago, it was way easier to leave Nigeria, ten years ago, it was moderately easy to leave Nigeria due to naira strength, it was not uncommon for a market woman to send a child abroad for example.
But right now, it's exceptionally difficult to leave Nigeria. Ten years later, it will almost be impossible. Everything is working against you, from the fall of naira, to countries tightening immigration laws, and fewer countries giving Nigerians visa free entry.
So it's not about if you should leave or stay, but that you should secure a home elsewhere first, then if you decide to stay, feel free to do so. This is the most reasonable move. You owe it to your
That's actually my reality. I'm too egoistic to apply for a visa. If any country requires a visa from me, then most likely I'm not going there. Thankfully, almost all country I can enter without a visa, except maybe North Korea.
You don't want that?
The west is fighting a proxy war with Russia through Ukraine. Even though they are political enemies presently, western countries still don't need a visa to enter Russia. But Nigeria is at peace with Russia, Ukraine and everyone, but they want a visa for us.
leisuretym: Comrade, I've already told my wife that we are going to beat Mali 4 - 0, but she disagree with me saying we will lose to Mali with full confidence as if she knows football more than me, I had a bet with my wife before the kickoff, she said if South Africa win this match, she will twerk all night for me, but if Mali defeat us, I'll be the one twerk all night for her. The score line is already 2.0 in favour of Mali and she's has already downloaded Work work work by Rihanna
Rastaman, you better do some something before the game end because ain't gonna twerk for my wife
mysticwarrior: It's kwazulu natal, the south African guy who missed the penalty is obviously a Zulu, he thought he was there to dance Zulu dance, you know Zulu's throw their legs above their head while dancing, that was exactly the same way he played the ball above the goal post.
- Video begins with Hamas sneaking up to an Israeli tank and firing at it at very close range.
- At 2:39, we see a Hamas fighter walk up to an Israeli tank and plants a bomb on it. The tank is firing its machinegun at some other target, but that doesn't last long as it is quickly destroyed.
- Dafuq is the explosion at 2:59? That's bigger than what the Yassin 105 would cause.
- At 2:17, a Hamas fighter crawls up to a group of Israeli tanks at very close range and quickly turns them into scrap metal.
- 3.15 Hamas displays captured Israeli military uniforms, machinegun parts, ammo, magazine, helmets and some other gear.
emmanuelewumi: Not bad when you consider currency devaluation.
Assuming Naira to dollar about 10 years ago was N300.
N1 million would buy $3330, growing by 5% would have grown to $5400 which is now equivalent to N7 million.
You also have an investment that is acceptable as collateral security.
I gave someone on this thread a contact at United Capital in the first week of December 2023 and was able to get a loan and account credited in less than 12 hours.interest rate at 20% per annum
He used the loan to buy Dangote Sugar shares at N57 it closed at N81 yesterday.
Assuming the loan was N1 million. He would have bought 17100 units, accumulated interest in the last 5 weeks is about 20k.
If he decides to sell today in order to liquidate the loan and interest, he would have sold for N1.35 million. After paying the principal of N1 million and interest of 20k, he would make a profit of 330k using other people's money.
Whereas the loan the investor got was far more than N1 million.
Thanks for the explanation. If I get a government bond, can't I use it to get a loan as collateral? Or is it only eurobond that can be used as collateral? Also, can I use the collateral to get a loan from united capital even if they are not my broker?
emmanuelewumi: Better to diversify into fixed income or Eurobond investment.
Forget all the land banking and speculative real estate investments.
If you must do real estate make sure it is commercial real estate and not residential, don't tie down more than 40% of your networth on it especially if your networth is less than N100 million.
My opinion though
But eurobond is about 6-8% interest per year which is not encouraging
Alamkir: [color=#000000] 🚨🇵🇸 According to ISRAELI military estimates, after 100 days of war, most Hamas FIGHTERS and LEADERS in the Gaza Strip are still alive.
Mille: Does Iraq have any sovereignty again at this point?
Almost all countries, both allies and enemies has large presence and seems to be working unhindered in that country.
Likewise Syria and Lebanon. The ay isrealis missiles bomb their airport runways etc is really really worrying as if these countries don't even have air force nor air defence at all
Locotrader: You self na where belly face. When a worst stock is doing well you dey in. When a good stock is doing well you dey in. I am beginning to see you as Audio investor or Bet naija player.
eazzzy1: The circumstances that make people go/stay broke are usually not within their control. It’s tough to deal with the loss of wealth coupled with the betrayal of a partner arising from the loss of wealth. A more realistic advise is to expect the betrayal so it doesn’t take you by surprise.
Ballzproblem2: who know like better thing? as much as I criticize female I wouldn't want to stick to a partner that has been broke for long,the person needs to have plan if not I no follow you do, painful truth. if you they find unconditional love look no further your mother and Jesus is there
yok: MORAL LESSON OF AVOIDING NEWS TRADING - HAPPENS ON 11 JAN 2024
CPI dissapoints, bullish expectation will likely be muted for some few days.
Trading the news can make you lose your gain of one month in just one day. Thus, we can see what we will gain by just avoiding a big one day loss. For me personally the need to get out of the market before the big news is sinking into my consciousness little by little.
Instead of being a day trader, why not long term investor
Jovi10: Usa wont hear. They have seen a reason to abandon Ukraine without accepting defeat
How US is capable of funding wars in Ukraine, Israel, Yemen etc without their economy tanking is still what I don't understand. Reason why countries need to shy away from dollars because if US is not using the dollars against others, she won't have that unfair advantage
FoolishBoy419: Sometimes, you just have to admire Europeans. You'll never hear that an African country is having serious conflicts with another nation in Asia, or a South American country threatening to bomb Europe, but these guys have been setting everywhere on fire while successfully posing as the good guys. They alone are fighting North Korea, China, Iran, Yemen, Palestine, Syria, Venezuela, Uganda, Afghanistan, Niger, Burkina Faso, Mali, Algeria, and many more. Even their East European neighbors aren't allowed to sleep in peace and they have been doing this for over 300 years but somehow, they have convinced most of the world that all of their adversaries are actually the bad guys. It takes a genius to do this.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 6:23pm On Jan 22, 2024
