₦airaland Forum

Mankind2024:
CHARLIE MUNGER:5 RULES THAT MAKE YOU RICH 4EVA.
NB:AI GENERATED AUDIO VOICE FROM MUNGER'S FILE.


https://www.youtube.com/watch?v=02POqrHMhyg?si=iiFXAdBORy6kRyEy

You heard what was said about “Leverage”.

One thing i can never do is borrow. Whenever the discussion comes up and people ask me - i tell them the dumbest thing - “God told me never to borrow”. They likely laugh but it is true? Yes.

Apart from this, with borrowing I feel I am negating rule 1 - always live below your means.

pluto09:
You mean a newbie should buy Transcorp hotel with a p.e of over 100

You too can see the kind of advice you get here for yourself.

Later when i clarify for newbies, they go talk say make i no clarify too much nobody is a baby lol

If you are reading this, just know that everyone is pushing an agenda that will positively affect their portfolio: do your own research

FrankyJay55:
Chai 🙆🏾🙆🏾🙆🏾
What a country we live in!

When i say Nigeria can never get better because “Nigerians” are bad people and the problem, you say i am mincing words.

On this same tread, you see some people trying to discourage other from speaking up. All kinds of characters destined for hell, are in Nigeria.

vacanci:
Vitafoam might go into full bid from tomorrow. At what price do you think one should stop chasing it. I will love to buy it and hold for medium term

I love @bolded.

Harddiskng:
1) Never make a particular stock more than 25% of your portfolio value. It’s a good stop loss.
2) It is better to be in for the long haul, so buy companies with good financial fundamentals. Then give them time. I don’t plan on selling any of my buys in the next 5 years.
3) Make investing a habit. Come rain, come sun shine.
4) Don’t follow the crowd blindly, do your research!
5) Always at what price, you should stop chasing a particular stock

sundayakasdy:
Point 2, how do i know the real financial fundamentals of any company we choose to invest with please,kindly guide me am new to stock trading.

ChatGPT can help you with the basics (see screenshot). With time you can up with your own system.

System - currently I have an excel template I developed myself, i just need to copy recent data from some websites and it populates. The ascepts I check might not resonate with you. That’s why you need to come up with your own system.

Agbalowomeri:
Is anybody here a baby that needs to be spoon-fed? The role of discussions is to compare strategies and analysis. If anybody copies without domesticating strategies, then he/she shouldn't be in the market in the first place.

You would be surprised what some people would take away from a conversation when it is not properly clarified

It is not about being a baby or not. You can see the influx of people new to this.

Some would likely take it as an advice from a veteran, undermining the risk.

I can’t count how many stock suggestions that should be ignored some people have taken here and had their fingers burnt.

ositadima1:
As a science student, you should also understand how this works. What Mr. Emma is saying about using loans to acquire stocks is plausible, even in Nigeria. Let me explain why, based on my limited understanding.

You carry out a thorough valuation and identify a stock that is deeply undervalued,essentially at a giveaway price. But, you may not have the bulk of the required funds available as cash at that time, even though you have stable and reliable income sources that generate cash annually.

The plan is to service and clear the loan using these independent income streams, not relying on the stock itself, within a maximum of two to three years. It is important to note that you do not hold the full loan for the entire two or three years; both the principal and the interest are gradually repaid over time.
In this scenario, even if the stock price declines, perhaps because the broader market enters a bear phase, you can still service the loan comfortably. Price appreciation was never the primary source of repayment. At most, dividends from the stock may serve as a secondary support, not the core repayment plan.

At the bolded is an entirely new discussion.

You just said you have the ability to service the loan irrespective of whether the venture you took the loan for succeeds or not.

Let’s always clarify, there are different kinds of people reading this, including those without the ability to service the loan if the venture fails. For them using loan to buy stocks should be a capital NO.

chimex38:

As for this analogy, before I jump off the plane, I will discount worse-case scenario of where I might land.
On a mountain, Ocean, dry land, dense forest, roof top of building, heap of desert sand, or a thick vitafoam mattress. .

After assessment, I might just take the leap where the likelyhood of a direct vertical fall on a failed parachute might just be one of the latter two.

Lmao. This man!

If you are not a science student, atleast did you do further maths?

Is acceleration due to gravity a joke to you lol.

At that altitude and acceleration, falling in ocean would make no difference as to hitting a concrete slab lol

Zero or negligible chances of survival in every scenario. If you do, it can only be God. Na to start preaching the gospel all over the world.

chimex38:
The person you quoted is giving you both his real life and real time examples and facts and you still say it's "hypothetical" and saying its a no. Like it isn't possible

You are not reading to understand. Remember we are talking about leverage to buy Stock (not run a business).

Fact 1 - it is the most terrible idea you can come up with in present day Nigeria.

It’s very simple maths. Best loans you can get are going for 30 - 45% rate per annum. Again remember rule of 72 - meaning the amount you would repay would double at earliest 2.5 years.

Mind you that poster isn’t speaking from experience, he is not in a 1st world country. He is here with you and I in Nigeria. He hasn’t even tried the idea is he postulating. He has never taken loan to buy stock, y’all need to careful when being exposed to other people’s ideas.

Let me give you a perfect illustration of what the idea is in the Nigerian context - it is like skydiving, you jumping off a plane, but here is a catch. There is a 50% chance your parachute will open or not (these stocks can appreciate or tank, you are not God). Would you take such a risk?

emmanuelewumi:
What is bad is using leverage based on the current valuation of our portfolio. Eg having a portfolio valued at N100 million, but the dividend paid in 2025 is N3 million and it is expected to grow by 10% for the next 5 years but you got a loan of N50 million against the portfolio. How can the dividend service the loan.
……

Let’s stop speaking hypothetically, this is not a Masters class where we are learning just to get good grades. We are here to learn to earn.

“Hypothetically” speaking leverage is not all bad.

Realistically speaking the person (I can bet he is a banker, or something along that line) you quoted already gave you solid facts and figures why trying use a loan to buy stocks is the worst of the worst idea you can have in the current Nigeria

Mankind2024:
High-Interest Debt: A Guaranteed Path to Losing Ground
In Nigeria, consumer loans and credit card debt often carry interest rates of 27–36% annually. Meanwhile, long-term stock market returns historically average far lower (global benchmarks hover around 7–10% after inflation, with Nigerian equities showing volatility but no consistent outperformance of debt costs). Borrowing at these rates to invest mathematically erodes wealth: debt compounds against you, reversing the power of growth into compounding losses.

Read again. Maybe you didn’t see his solid points.

This has been addressed many times, In 1st world countries with single digits interest rates.it is “Maybe to Yes” for leverage. In Nigeria, is a capital NO except you don’t value your well being.

InifinteXR:
I won't continue this conversation with you until you research about type 1 and type 2 muscle fibres and their distribution in male/female adult, along with bone density in male and female

Lol at type 1 & type 2 muscle gibberish.

Oga strength is largely genetic. In other words it is subjective

InifinteXR:
What's this one saying like this, why not compare any male UFC fighter to the strongest female UFC fighter,

How can you compare an untrained man to a trained woman, of course the point of training is to increase strength, so naturally women who undergo special training (though initially weaker than men) would gain strength comparable or superior to the average man, but what if the man now also begins training, no woman would be his match.

So no, strength/weakness isn't subjective.

If you like training from now till next 10 years. There are still untrained men/women that will beat you.

Doesn’t that make strength subjective? (I am just whing you by this question because strength is indeed subjective. It is largely based on genetics something you didn't choose for yourself and like you said can be acquired by training)

Check the meaning of subjective

Goodmarlian:
Women are just physically weaker

Physical weakness is subjective though.

I doubt you can beat anyone of the top 10 professional UFC women division fighters in the world. You vs anyone of them. You know who my money is on lol.

What if, “women are the weaker vessel” is a fallacy we have been cleverly sold by women to avoid jobs/situations they don’t to be involved with: like going to war

Jayce242:
Without wishing to sound obnoxious, i don't see this ending well. Life is too unpredictable for this kind of long term arrangement. Health, death, unforeseen occurrences etc, I would rather advice u guys open individual mutual fund account, withdraw & merge the funds for whatever investment when the time is due.

Money matter, they no dey tell person.

There is always a lesson to be learnt lol

nosa2:
Aside from 3 and 4 I disagree with everything you have said. Convert the money you invested 10 years ago to dollars and see that you have not made much with your 500% gain.

Naa. Dollar was about N200 - N300 then. I remember correctly cuz i used to buy my stuffs from ASOS.

Mind you I said “over 500%”. Some of these stocks did over 1000%

When i calculated the portfolio to present value. I would have had over N10 million (from N1 million) if i left everything as it was without selling.

I see some post and i am like wow, rookie mistake. Been there, done that.

I remember trying stocks like 10 years ago, I put in 1m and lost 40% of my portfolio value lol, then just sold them off. Guess what each of thhose stocks are doing over 500% from that time. I still have one (like 100 units) i forgot to sell and i kick myself every time i see it.

I came back to stock investing this year (2/3 months ago) and i left those 100 units as a reminder.

So far so good these are some things i have learnt (still learning). They have worked for me really well, you can give it a try or not

1) Never make a particular stock more than 25% of your portfolio value. It’s a good stop loss.
2) It is better to be in for the long haul, so buy companies with good financial fundamentals. Then give them time. I don’t plan on selling any of my buys in the next 5 years.
3) Make investing a habit. Come rain, come sun shine.
4) Don’t follow the crowd blindly, do your research!


Please add yours

Denalarian:
As soon as the leaders of rich countries find a planet habitable, they'll migrate there and leave illiterate Muslims on earth

Even when every one on earth is an illiterate Muslim, jihad will still contine

PHIPEX:
Is this not better than spending 4years in Nigeria school like this?

Do you know how long it will take a Nigerian graduate to save 20million?

Isn’t the Igbo apprenticeship system 10 years?

Plus this is one in a 100.

My main thought on why this good system is dying is because of wicked and greedy masters.

Most see the due date coming and find a way to loose guard their underlinings. That is why so many young igbos shun it now a days.

Mrkc:
Tell him to do this.
Real estate or land =20 per cent.
Mutual fund/tbils =20 percent.
Business =40 percent.
Share and stock =10 percent.
Emergency =10 percent.

20 more characters needed

Judolisco:
See nose... Dis guy name na NOSA

No wonder he is so fraudulently clever.

He NOSE it all

silibaba:
Sportybet.ng

Just pick 1 straight win
1 under 2.5
Either team to score
HT/FT

10odd × 7000000= M70M

He can now retire in peace.

Lol Village people no dey sleep

OneCandleAway:
Yes I saw an aide holding her as they walked. The funny think is you hardly see them giving life changing charity to the less fortunate.

How many people did you give a significant portion of your income to in 2025? You know the answer so why do you expect a rich man to give life changing charity, simply cuz you think they are rich

ARISHEM:
That judge that sentenced him should be identified and put on watchlist

Honestly, what kind of faulty judgment is that.

The man should be compensated monetary and given national honors.

Namaster:
Man NEEDS to do a DNA test ASAP!

That woman has plans outside.

She has gone to meet-up with her “plans”

awesomeJ:
Before someone will go and rush to place market order tomorrow morning.

I'm not saying don't do it o, I'm just saying, balance the views.

They no dey tell person, when you realize everyone here has their own agenda; then you’ll know peace.

Like i said i ignore most recommendations from here after doing due diligence.

emmanuelewumi:
Follow who know road, although the person wey know road lead them into the bush

Loool

As you dey follow, you suppose dey check google map naa

dawnomike:
I trust our Naija brethren never to take such offer...

The money is too small.

Make it $10,000 then reasonable level of consideration starts to build up

ppogba:
He signed off on the day he dumped JAPAUL on innocent, gullible followers.

His chances of making heaven is slimmer than that of Doland Trump getting a third term.

Lool. Everyone is solely responsible for his/her investment decision. I don’t think it’s fair to blame someone for a faulty decision made by one-self.

I ignore most recommendations from here because i have my own due-diligence system. When i checked out “Japaul” i just “mschewwed” . Any misfortune is fault of the investor for not doing due diligence.

Bring him down syndrome is real.

Only God knows the kind of complains his fellow Nigerians sent.

Diamond098454:
Since school closed I haven't stepped out of my house

I don't need anyone to take me out because i can easily order whatever i want with the little money i have.

Ladies should be careful
All that glitters are not gold

Greed will not allow some ladies to live long.

I know a girl that goes on a date with a different guy every weekend, ask me what she is looking for.

That’s why i advise guys against opening their pocket from the onset, most Nigerian girls are just looking for where they will eat from not really interested in pursuing a relationship.

WorldRichest:
Yahoo Boy and street hawker playing chess

Lool

Who leaves her “husband” on another man’s promise to marry her??

Such a despicable behavior, no man marries such.

Why is he looking too tired and beat-up, drugs??