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Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 5:07pm On Jun 22, 2020 |
Theconglomerate: Welldone. |
Investment / Re: Mutual Funds by GonFreecss1: 5:05pm On Jun 22, 2020 |
CribsofLagos: There is a reason why people invest in SEC approved securities. If you don’t invest in SEC regulated ventures we also wish you well. Do your customers have access to your financial statements? You say they have been here for long? Longer than GT bank? Or Nestle? Thanks. Will rather leave my money in those securities. 5 Likes |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 6:56am On Jun 20, 2020 |
Theconglomerate: Like you said, it’s not sustainable and these antics won’t deter from the fact that it is a game of demand and supply. People are still demanding for more dollars than they are demanding Naira. PS - How goes the tomato business? Still growing I hope? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 12:32pm On Jun 19, 2020 |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 8:12am On Jun 19, 2020 |
Godbpraised: Loool! I have been following VGIF for years! It is a good fund. I dare say it’s outperformed many other mutual funds on average. FBN - Fixed Income fund United Capital Bond fund Stanbic GIF Fbn money market fund Stanbic money market fund Investment one VGIF! I have been monitoring all these funds for years now, because they have been exceptional apart from recently when the money market funds have blinked out, and the returns on VGIF have been exceptional. They are always ranging from 3rd to 1st among the low risk funds in terms of returns. If I sat down and did the maths, I think they might be number 1 on average. Don’t take my word for it, do your research. 2 Likes 1 Share |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 9:25pm On Jun 18, 2020 |
sellydion: Good to see you as far back as 2013 preaching the Gospel of fundamentals Chapter 13 vs 5. Welldone Veteran. |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 7:40pm On Jun 18, 2020 |
ojesymsym: People will always do evil things with currency, but demand and supply will still be the name of the game. Cc crypt0 |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 11:27am On Jun 18, 2020 |
ahiboilandgas: Really? How are they going about this? You have a link? |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 11:01am On Jun 18, 2020 |
ahiboilandgas: Hahahahaha! Sorry boss. This Nigeria en! Nawa! |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 8:35am On Jun 18, 2020 |
DexterousOne: First problem of that mindset is religion. Very huge problem if you ask me. 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 4:22pm On Jun 17, 2020 |
yMcy56: Sorry dear. I was banned last week or 2 weeks ago too. Was surprised. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 10:14am On Jun 17, 2020 |
DeRuggedProf: Hahaha! Prof no go finish us. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 6:19am On Jun 17, 2020 |
gamaliel9: Thanks for the info. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 6:17am On Jun 17, 2020 |
bigjay01: Do you know what it takes to be a Financial writer on any of those platforms? |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 6:11am On Jun 17, 2020 |
rmx: You are very knowledgeable too and actually understand the point I was trying to drive home. The financial crisis you talk about is quite sad because it affected my old man. Some of his friends even died because of that period. The NSE was at an all time high and the crash that followed... As for the Dangote Refinery, it’s one of the things that gives me hope and encouragement. It might start with oil and continue with many other things, let’s see how things go. I am little bit pessimistic, but I am hoping things go well. We all could use a little bit of optimism right now. |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 3:33pm On Jun 16, 2020 |
Tobex4realTobex234: Well said! I won’t be surprised if you said you are a Charterholder. |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 3:13pm On Jun 16, 2020 |
ojesymsym: I don’t even want to bother again. He has small partial knowledge about some things then jumps in like an expert. It’s funny. 1 Like |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 3:07pm On Jun 16, 2020 |
Theconglomerate: 1. If you didn’t know there would be future production cuts, then you have not been following these things long enough. Note that in that period, there wasn’t even a production cut, it was just no sales! Worse than a production cut could ever be. So what is your point? 2. Also wrong sir. Go and check the historical charts of the external reserve and see how sharp it went down. Hovered around this? Lol! Bros! I am beginning to believe what those guys meant about your points days back. 3. I am not talking about oil. I was talking about Dollar to naira rates. In which due to the fact that oil had not been sold for a long time, would affect it and due to the fact as with number 1 above - production cuts! Like I said, if you have been following these things for a while you will understand. 4. Hahahahaha. If you don’t know why the Nigerian government decided to borrow money instead of spending down to that Number, bros... then there is still a lot more you need to understand. You say luck? I am not the bragging type, but my buying power says otherwise. 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 2:50pm On Jun 16, 2020 |
gamaliel9: Please which stockbroker is that? |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 2:42pm On Jun 16, 2020 |
Theconglomerate: Won’t the money come through banks? Was it not still you talking about how people couldn’t withdraw certain amount of FX the other day? And government has not even started defaulting yet. 5 Likes |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 2:39pm On Jun 16, 2020 |
Theconglomerate: You are basing your assumptions on what you think. Not what is actually factual. What was factual to me was the oil price, and non-Oil-sales. What is also factual to me is the decreased external reserve and your government borrowing more USD to lump to that. Another fact? If the government used 44 billion USD to save the naira throughout 2018 with crude oil prices ranging from 50-70 USD per barrel... And now... that same crude oil is currently on 40, with production cuts, and an external reserve less than 40 billion USD. It was enough logic for me to know what’s up. I don’t need rumours on what CBN or Mefi will do. The numbers are there sir. You said no one knew anything? Oga, it was you who knew nothing, that is why you changed your stance, because if actual facts backed your former stance, you wouldn’t need to change it. 12 Likes 1 Share |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 2:31pm On Jun 16, 2020 |
NL1960: 1 Like |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 2:30pm On Jun 16, 2020 |
DexterousOne: Well said! |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 2:28pm On Jun 16, 2020 |
Theconglomerate: How will the money come? Will it fly and enter their pockets? Hahahahahaha - una funny gan. 1 Like |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 2:25pm On Jun 16, 2020 |
Theconglomerate: Boss. The other time shebi you were shouting Speculators will soon lose their money? Now you are saying this? Even Oga Ahib shouting dollar this or that has once championed that Naira this or that. I remember. He argued against me once here, when I was arguing with many others. My conclusion is that many here base their analysis on their bias based on their emotions at that point in time. Not the actual logic on ground. 7 Likes |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 2:22pm On Jun 16, 2020 |
NL1960: I tire o. Ki ki ki ki |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 2:20pm On Jun 16, 2020 |
pluto09: I didn’t compare our economy. I compared the debt, especially relative to printing money. 2 different things. |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 2:19pm On Jun 16, 2020 |
DexterousOne: This is my point! If what they are saying is true. They shouldn’t even be on nairaland or own anything in Nigeria. They should be in another country right now! Looool! Many things won’t survive that default. Lol! 1 Like |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 2:16pm On Jun 16, 2020 |
ukay2: In as much as I like the apocalypse talk. People thinking FG defaulting won’t affect other things is funny. There is no business that will escape the wrath of that default. 2 Likes |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 2:15pm On Jun 16, 2020 |
ahiboilandgas: Same thing with the money in your bank account sir. What will make them default. Money in your bank account too is at risk. By your recommendation, my advice will be everyone run away from Nigeria! Remove all your money! Turn it to crypt0 or USD, GBP, Euro! Anything! We will lose it all! Let’s run to Canada! 2 Likes |
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 1:28pm On Jun 16, 2020 |
ahiboilandgas: Sir. I know the revenue problem all too well, the problem is you thinking money in the bank will be safe too. Understand that all this things are tied together. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 1:25pm On Jun 16, 2020 |
Mcy56: Abi! It can go a long way. |
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