₦airaland Forum

emmanuelewumi:
You don't have to agree.


Business is active, investment is passive.

Anything that is active will require activities, busyness, energy, time, presence etc.

Right Sir

emmanuelewumi:
That is why it is called Busyness, a business is to keep you busy and worn out.

I wont totally agree with this...I think it still remains the fundamentals of all investment.....

emmanuelewumi:
I am sorry I don't invest in what I don't understand.

The best way to start a business is to use your personal savings, soft loans from family and friends, loans from microfinance banks or banks.

Or by selling shares, this will reflect in share ownership with the registration of the business with Corporate Affairs Commission.


It is always advisable to start small and grow. Using debts to start a business is a No No. I have their before.

Banks will give you loans for the expansion of the business and not for the establishment of a new business unless you have a collateral that is higher than the value of the loan you need

It's an Haulage business but with a different approach in the business model....
Unfortunately I have registered the business with CAC already in share ownership..As what was obtainable then as the plan was to kickstart immediately....but I dont think that is an issue as one can always work out documents on share ownership....

Can you suggest a list if microfinance banks I can approach.(Since we just need a completion not overall capital)....I will appreciate this...

...Thank you very much sir...

[/b]Investment / Re: Treasury Bills In Nigeria by emmanuelewumi: 6:31pm On May 25
handsomebolanle:
*Not everything that calls for your attention deserves a reaction...*

Pa Emma I'd like to discuss something with you personally though..a business I have been working on for briefly over a year...Its a long term though...To seek [/b]most importantly[b] for your advice and if interested financially support as an investor....cheesy grin cheesy



Good day, I am sorry I don't attend to PMs.

Mention me on a dead thread. Thank you[quote][b]


Good day Pa Emmanuelewumi,

I'd like to introduce you to a start up I have brewed for over 2 years.... It's a long term and in-phase business.
But to go straight to the point I currently need about 58.4 percent of the fund to kick start which equates to 3.5million...And this is like the bearest minimum after cutting so much cost..
My Pre-covid need was about 25 percent meaning I already secured 75 percent of fund needed..because I had promising funds/investor but reality on ground and circumstances related to health couldn't make him continue. And even at the point of registeration it has always been one challenge to the other....

My 41.6 percent will serve as a leverage to sell of asset if it fails as you will be holding it...I will be willing to pay your money back as I believe I will comfortably be able to return back to you at 10percent circa within a year or even less (at most 1 and half) as I will be going through rigorous payback to you first at the early/first stage of the business starting...(we can always find a way around this but its certain you can withhold the asset pending you get paid back)...

I have registered the business for over a year now with no concrete operation due to lack of adequate funding and will be supervising it personally...
Bank loan isn't looking like a good option for a start up especially considering the level of uncertainties that is in our country...

I will appreciate your interest and most importantly your advice on this(even if you won't be putting your cash) ....To likewise discuss with you on the future possibilities of the business.

Wema Bank...

If you know....you know....

thesilentone:
This is a flawed argument. If one is interested in buying the index, you might be better off giving your money to the hedge fund manager who will save you the 'stress' of running an account to get the same results. It would be enlightening to the readers if you explained to them how indexes work.

If you don't want to do any research, if you can't be asked to do any due diligence, by all means buy the indexes. You don't even need to read any books, just buy the index and expect the overall market returns. Even WB does not buy the index.

Can you explain this again??

afroxyz:
So the media has succeeded in scaring the shit out of investors with a second wave of Corona virus. Stocks started tanking mid-day (US time). Apple is closing 11 stores in Florida, Arizona, North & South Carolina. This may be a good time to get stay-at-home stocks. Also to buy dips in Apple. [/b]I expect airline, cruise and restaurant stocks to tank further.[b]

Maybe not....the first wave was more of a panic

abuabdullah:
It seems the bears will eventually have there way because there is high possibility of a second wave.

Possibly, except I dont see the economy been put to a halt again... It's far too much expensive...

RabbiDoracle:
Those who entered this week will witness their first loss.

They will know what it means to lose money.

...what about some of us that re-entered

This is not for the feeble at all
Down by almost 50 percent...hey hey....

emmanuelewumi:
Management don't need to sell their shares on the floor in order to see what they are doing. Asset stripping is not done on the floor, the CEO awarding a contract of N2 billion to his side chick or wife doesn't happen on the floor.

Someone should kindly explain this in layman's term. Thanks

fxuser:
found dis on google search :

https://www.youtube.com/watch?v=Kl-pP5PWHns

hope it helps

Thanks boss

fxuser:
- the weekly despite showing bearish weakness , still under the zero line but looking up
- a signal line crossover confirms a shift in momentum
- probability for further upside is higher than downside
-
(Peter mentioned this much earlier too)

#HappyNewMonth

Please how do you add indicators on the investing app..

lancee:
For now ..Nasdaq ..s&p 500 ..dow dey good yester and most likely today
Brent not bad at the moment
Naija foreign reserve don go up small ..abacha or imf tinzs....build confidence
Our foreign investors are llokng for cheap assets all over the world
Like oga mi R onifa said ..plenty money go still dey look for where to go
Lets enjoy the ride for now ..I don shed some wight along the journey .. but i am Happy i no join CASH is king crew

I quickly bought more access .fbnh ..still good
But no where to invest remaining with present prices now ..

If you see MRS tomorrow...it might not be a bad idea

locodemy:
Is caverton loosing another 10% today?
Well,this is a good jijo stock.

5.71M offers
0 Bid

Oopss

*Not everything that calls for your attention deserves a reaction...*

Pa Emma I'd like to discuss something with you personally though..a business I have been working on for briefly over a year...Its a long term though...To seek [/b]most importantly[b] for your advice and if interested financially support as an investor....

GonFreecss1:
Tell me this...

Is Warren Buffet a Genius or someone who just consistently kept investing?

They said he started investing at the age of 13, now he is 89. Hmmn... 76 years difference.

If you compound 1 million naira at the rate of 10% per annum, in 76 years that money will be almost 1.4 billion naira. Take from that what you will.

The idea that everyone should try to make money fast doing? Is I don’t know. All economies have a fixed amount of money. Meaning for you to make a lot of money some other people have to not make money like you do. Not everyone’s business will succeed because of that. We can’t make more than the economy has. There can’t be 100 Dangote’s at the same time, e no fit work!

So let people invest in what they know and start from where they understand, with time they will grow! I can bet many here have jobs and are also investing in their Skills and careers! The 10K they invest monthly will be 100K monthly one day and then 1 million one day.

Seems what Barrytone and the other guys keep explaining here is not getting through to people’s head.

Is this figure not too exaggerated ..How did you go about this calculation

*Modified* Apologies...Figure Correct...

arduino:
These Fintechs are making a kill for simply opening limited access to US markets to local investors.

I observed same too..Very true..

gamaliel9:
I bought Chipotle[CMG] on Chaka at 903...they took over $9 for buying...then i sold at $925 in nearly two weeks..they took another over $9 when i sold.... total $18 plus..
And i made just $13..they made $18...its still painful...

If you did your mathematics well you will realise you were bearly less 10% profit margin...
Still I think their transaction fees are still too high including bamboo...
Even Making 15% increment on my stock..while they charge a total 3.6% in transaction on the whole capital while I take the risk...
Do we have any other choice?? I will be interested...

locodemy:
Will he because he bought at March low erase his 20% profit just like that?

20% at four different stocks,that's cool 80%.

He should open his eyes wide and watch.
Next week is Salah and from all indications, negative news abound in Nigeria and economy.

Nahhhh... It is still 20 percent irrespective

Lovinwa:
Good afternoon, Pls is it possible to get sms alert for a stock purchase that did not go through? I got an alert for a purchase but my trading account was not debited and it's still showing under pending trades.

Check your portfolio...Mine has been effected..

Lovinwa:
Good afternoon, Pls is it possible to get sms alert for a stock purchase that did not go through? I got an alert for a purchase but my trading account was not debited and it's still showing under pending trades.

Same here too

victichy:
Bamboo invited me to Join their Gold membership which comes with some good perks, like discounts of 1% on all tradings and less time to fund your account. I think the criteria might be 10k and above deposit or so.

Nice... All men are not equal and will never be..

arduino:
Premarket bullish

Where do you get this from?

sonnie10:
There is even more. Your money starts yielding interest once they confirm receipt if you don't trade with it yet. The interest might be very little but it shows level of transparency.

Woow..Are Nigerians eligible to register on the app??

sonnie10:
The best is no fees. Also the ease to navigate through 1day, 1week, 1month and 1year and 5years graph of each stock.
Did you know that they even allow you trade with the amount you intend to transfer from your account even when it has not cleared from your bank.

This I have thought they need to implement...And the one who goes that route first will have an edge...48hrs is too much time to make a money you have confirmed already to reflect into the account... I think because majority are still new and need enough capital base to implement such.

seyisanya:
Nice one but make sure you follow the news closely because most vaccine-related stocks are volatile, their performance is always in relation to rumours/news. Stay woke, boss!

Good words..Get your profit and leave the market fast...so you dont get stuck to the bottomless stock..Good luck and more greens..

OakPearl:
If you have the feeling that only in penny stocks is there short term trading profits, you may have to have a rethink.
So I tried to experiment with a good stock that costs over $100 per share.

Here is the result of that experiment:
Bought just 1 share of BEYOND MEAT (BYND) at $119.08 on 20th February 2020.
Today 11th May 2020, I kissed the stock goodbye at $136.1 with a gross profit per share of $17.02!

Now it feels like I should have invested more because this $17.02 gain would have easily been $1,702 gross profit on 100 shares; equivalent of almost N700,000!

#Greed

Lols..but what If it was a loss after investing more [font=Lucida Sans Unicode][/font] #wakapassing#