₦airaland Forum

AMC gorilla money making machine (mmm)

On a lighter note..

Now I know why CRY is the first three letters in CRYptocurrency.

Ojoboak:
28th May is payment date.

Thank you, how much are they paying?

Has anyone received Glaxosmithkline dividend?

Willie2015:
U should wait...
No news is cumin again till August...
It should be interim div...
Prices are still goin to come down...
Pls be patient and wait..

How much is the interim dividend?

samguru:
Access bank to First Bank

Access Bank: Uncle Big for nothing, come on go back to where you belong

Firstbank: Access Bank my oga, i don shift for you ooo,sorry my sir

Access is going back to #10

janga02:
This is apt, God bless you for this piece.

The funniest things about nigerian situation is, despite cutting corners we are still not better off. May God change our heart, change Nigeria for good.

Amen! Hmmm it is well with our dear nation.

THIS IS ONE OF THE BEST SET OF ADVISE l HAVE EVER READ. ALL MANKIND NEEDS THIS ADVICE!!!

1. Take risks in your life. If you win, you can lead; if you lose, you can guide.

2. People are not what they say but what they do; so judge them not from their words but from their actions.

3. When someone hurts you, don't feel bad because it's a law of nature that the tree that bears the sweetest fruits gets maximum number of stones.

4. Take whatever you can from your life because when life starts taking from you, it takes even your last breath.

5. In this world, people will always throw stones on the path of your success. It depends on what you make from them - a wall or a bridge.

6. Challenges make life interesting; overcoming them make life meaningful.

7. There is no joy in victory without running the risk of defeat.

8. A path without obstacles leads nowhere.

9. Past is a nice place to visit but certainly not a good place to stay.

10. You can't have a better tomorrow if you are thinking about yesterday all the time.

11. If what you did yesterday still looks big to you, then you haven't done much today.

12. If you don't build your dreams, someone else will hire you to build theirs.

13. If you don't climb the mountain; you can't view the plain.

14. Don't leave it idle - use your brain.

15. You are not paid for having brain, you are only rewarded for using it intelligently.

16. It is not what you don't have that limits you; it is what you have but don't know how to use.

17. What you fail to learn might teach you a lesson.

18. The difference between a corrupt person and an honest person is: The corrupt person has a price while the honest person has a value.

19. If you succeed in cheating someone, don't think that the person is a fool...... Realize that the person trusted you much more than you deserved.

20. Honesty is an expensive gift; don't expect it from cheap people.

This is very interesting post and I want everyone to benefit.

The Naija Mindset

I recall when I came to London in 2009. My dad was at Heathrow Airport to welcome me. He bought an Oyster card for me. The card is your ticket to ride on all London buses and trains. You can buy a weekly, monthly, daily or ‘Pay As You Go’ pass.

The Oyster card opens the barriers before you board the train or exit the train station. So, as my dad used his ticket, the barriers opened, he went through and just before it would close, I quickly followed him behind and passed through.

I don’t know why I did that. But my first guess would be, it was the Naija sharp guy thinking that made me pass quickly without paying. My dad was terribly upset and asked me to return and pay.

A few months later, I got on a bus and with the same mindset of a ‘sharp guy’, I didn’t pay. Normally, there are no ticket inspectors on the bus or trains. They come occasionally, but you cannot tell when. So, on this fateful day, they came, checked, and noticed I did not use my card. Instantly I was fined £20 on a journey that would have cost me only £1.30 had I used my Oyster card. A big lesson I learnt. Since then, I have never entered the public transport without paying the appropriate fare.

Later when I settled and got my apartment, I went with my dad to buy a second-hand television at a charity shop. We bought it for £25. Within one week, I got a letter from TV Licensing that I was to pay £145 each year for watching a TV. My Naija Mindset kicked in again. I said to myself, “TV that I bought for £25 I will now spend £145 to watch?” “for What? As in Why?” I continued to murmur. Then I heard stories about people who often refuse to open their doors to the TV licensing officials who come to check if you own a TV (again, they don’t tell you they are coming, they just appear).

Since I refused to pay the money. I also made up my mind not to be opening my door to strangers. One Saturday morning, I heard a knock on the door. I peeped and couldn’t tell who the person was, so I didn’t open the door. The person left a letter for me through the letterbox. I opened it and saw that it was from the TV Licensing. These were the exact words in the letter, “IT IS NOT IF WE CATCH YOU, IT IS WHEN WE CATCH YOU” and the letter ended with, “YOU WILL BE FINED UP TO A MAXIMUM OF £1,000.”

I paid the £145 immediately. I paid because I was tired of playing hide-and-seek. I paid because I couldn’t afford a £1,000 fine. Since then, I have paid my TV Licensing fee every year for 12 years now and the charge is now £159/year.

In 2014, while on my way to church, I parked at a bus stop. A week later, a penalty notice was sent to my address with a photo of my car on the bus lane. They also included a link for me to watch the video evidence. I was fined £140. I challenged their decision and explained that the back door of the car was not shut so I stopped to check. That I did not want to endanger other road users. I asked them to watch the clip again to see how I stopped, came down, and checked the back door before driving off. After their investigations, they accepted my explanation and cancelled the fine.

You see how an effective system has helped to change my mindset?

Let me share other examples of effective systems in the UK:

(1) The police can use your car’s plate number to retrieve the name of the owner, the registered address and can check whether the car is road worthy or insured.

(2) Financial institutions can use your name, date of birth and address to check whether you are credit worthy. They have a database for people’s credit history.

(3) Education (state-funded) is free from nursery up to secondary school for every child in the UK whether they are citizens or not. Healthcare is also free.

(4) When you reach 40 years, your doctor sends you a letter that you are due for a FREE full medical check-up.

(5) Nobody is above the law. Politicians pay parking fines. The police too get parking tickets.

(6) A lecturer marks your script and gives you feedback on what you did wrong and what you ought to have done. If you are unhappy with your grade, your work is given to another lecturer to mark and this second marker’s score will be used to decide your score.

These and many more, are examples of how systems help governments and organisations to function effectively.

Sadly, the Naija Mindset we have is that of cutting corners, refusing to be accountable, breaking the law, rewarding criminals, showing off, it’s our turn now, it’s my person, and who we know, etc. No wonder when two Nigerians get into an argument, you hear them say, “Do You Know Who I Am?” and “I Will Deal with You”.

We are agitating for the restructuring of Nigeria. But while we are at it, let us restructure our mindsets too.

Copied!!!

Brainbox0806:
A real human doesn't respect people base on their worth. When I meet a person, I only see you as a human and respect you as such, I don't see your millions nor your ranks but a person.

Respect has nothing to do with who is right and who is wrong. It has to do with allowing space for someone else’s opinion.”
– Jackie Viramontez

You're right, best quote ever!!! There's a chinese proverb which says, don't build a three storey building in an area full of huts.

abraolas1:
I am a Young Man, maam

Happy Sunday to you ...Hopefully we will continue to hear from you ...Thanks for all you do ! God bless you real Good

Oh I see...no problem, the young shall grow and i equally appreciate all you do too! I say a resounding Amen to your prayer, may God in his infinite mercies continue to bless you with wisdom and understanding. Stay blessed and stay safe!

abraolas1:
Wow, Welcome back maam .....Good to have you back !

Thank you my sister!

Akin3891:
Sholapey, I hope you are doing great. Stay blessed.

I thank God for the gift of life. Thanks for checking up on me!

abraolas1:
Where is Madam Sholapey ? i Hope you are still with us ?

Here I am sweet sister, thank you for checking up on me.

ositadima1:
I don't want to argue toomuch.

Entry level engineering graduate salary = 70k usd
Maximum taxation = 37%
As a Naija man that has a vision I can spend only on food + rent + internet= 1k per month

After tax and expenses = 70k * (1 - 0.37) - (1000 *12) = 32k

Required years= 200k/32k =6 years.

Now, I made a lot of assumptions.
1. Tax is not computed directly like that, they split ur earning into portions and apply various percentages. Meaning it is always less than 37%

2. I assumed a constant salary over the 6 years.

3. I assumed that I dont invest my savings over the years.

So, in less than 6 years I should have my 200k usd.

If u earn less u are even taxed less money. With a spouse, it even takes less time to achieve.

Very achievable especially if you're disciplined to minimize or cut your monthly Bills.
Such as...
Food cost
Mortgage repayment or rent
Home Insurance and tax
Utility bills
Television licence
Phones topup
House alarm
Car insurance
Road tax
NCT
Kids school fees and clothing.
That's to mention few!!!

All these are daily and monthly bills that's making it difficult for some people who earn average income abroad to save to that tune. But if you're earning above average income especially if you're couple and your partner is also earning good salary then life will be easy and you'll be able to save and invest for raining days.

Moreover, 100m naira invested for over 7years must've yielded over 50% in returns by reinvesting interest fomula if I must say.

ositadima1:
I said I earn peanuts in comparison to 80k dollars. Lol, the likelyhood that you will guess my earnings between 0 and 80k dollars is quite slim.

I understand you totally, but you said what you said through a conversation, not that you just wake up to start a thread to show people what you have or earned.
I also understand that you're using yourself as an example of expression in your comment, just like we reference dangote and etc. People should understand that things like that can occur during a conversation. It is never a show off, only immature people do such thing....

Moreover, personal experience is the best teacher to others in some aspects!

ositadima1:


If u are abroad 100 mill is not such a large sum. 100 mil is about 200k dollars. My current profession that I have been at for quite a while in Nija pays 80k usd a year for entry level in the USA. If I was in the USA I did save up 200k usd in less than 3 years. But, we can't all leave the country, should we?

In Nigeria I earn peanuts in comparison for the exact same job, it doesn't make the other guy in the diaspora smarter. We are just victims of circumstances.

But your explanation has also made us to know your earnings. This is to tell you that nobody says whatever they have intentionally, it has been said through conversation like you stated above. Some people will find your comment informative while some will find it offensive for mentioning your wages.

Like minded people exchange information without reason to hold anything back while negative minds says don't tell anyone ooo or they say you're bluffing....

The more reason I deactivate my previous moniker. After all, I wasn't getting paid for any information I put out here so if I seized and deactivated my monitor no followers will arrest me. I did what I did because this world is cold. Make we all sidon dey look

Lazyyouth4u:
My purpose is to kill and destroy the evil plans of monkey hunters that wan use sense chop maga for this thread

I will continue with that assignment despite the insults from those criminals that God is already judging with poverty and suffering

Time waster, since you have started this your full time monkey hunters business, has anyone reported money lost on this thread to you and how many people have you arrested? If you're a real investor, you'll understand time and words.

My offence to you was because I mentioned sfsreit and you accused me that I wanted to dump my shares on people isn't? Now, what will you call Stockbrokers who suggest stock pick to their clients daily? Are they also trying to dump it on the shareholders? You're just evil full of envy...an empty barrel who makes the loudest noise that's whom you are. Anyway, resume back to your NL monkey hunters business on monday 9am-11pm.

I will talk to seun to add you to his payroll.

Lazyyouth4u
Now i understand your profession, you're devil's manager and your purpose here is to steal, kill and to destroy. Continue with your devilish assignment God will judge you.

You think am jobless like you who has different monikers. Lazyyouth4u was registered last year after we busted your tomatoes seller's a***s

Everyone says it when they changed moniker but you're adding to yours just because of your evil act to reduce people to your level. I don't have your time because my time is money....your days are numbered!!!

So true!

emmanuelewumi:
No bonus shares, the 75% increase in dividend paid is good enough

...plus capital appreciation

SeaTrade:
I fit swear on my life say this lazy youth person na nonentity for real life,
The hate and emptiness is very obvious for some of us weh know wasup.
When money don come and you are comfortable,trust me the last thing on your mind will be back and forth on who's got what and who doesn't.
The best thing na to ignore the weyrey...

He needs to change his mindset and learn to live and let others live too.

Brainbox0806:
Investment professional? Na wetin dey shark u be dat? You don't encourage any Investment here but always discourage. You are a demente.d soul, a distractor , you better go find one college for your village to teach theories in business study before you waste away.

Exactly!

Lazyyouth4u:
Sholapey, I have nothing to prove to you. Okay I’m audio. Just learning from all of you here

Have a good night

Hahahahahaha you're what you call yourself. Anyway, sha help us hype this thread maybe one day seun can dump it on Zuckerberg.

Lazyyouth4u:
Sholapey, learn to read please. I have money in SFS. The guys are my guys. How does that say anything about SFS REITS?

You were looking for maga to chop and I exposed your plans because I know what’s up. If you didn’t have evil intentions, why use two monikers to hype a stock? Abeg let me go and enjoy Saturday night jare. I don’t have time for this stupid back and forth this night

Lazyyouth, learn to read and do your investigations well before you start bashing on people.
Moreover, this moniker is not even up to 5months that I registered it, I am saying it out loud. If am like you who has all the time to argue with different moniker wouldn't i just keep my previous handle instead of deactivating it?

Mr/ms know it all, show us the proof of the money you claim to have in SFS if you're not audio. show me people who hype stocks just to dump it on people when no one clearly have no power to do so....When zenithbank was at #11 some investors did not buy because they wanted to lower to like #7....has anyone hyped you to buy his/her stock before? If not, that shows that nobody can hype what you have no power on except you are a tomatoes seller. Get yourself together lazyyouth, your behaviour is childish

richforever123:
I understand you perfectly, don't get me wrong, I know there are real billionaires who come in here to read on what's happening

However Billionaires have a specific kind of character, they don't come on a Faceless Forum bragging about how much they have, or the hot chick he is about to sleep with, that is gutter behaviour and it depicts someone looking to deceive the gullible public, real billionaires do not brag, you may not even know until they reveal to you, real money is subtle and not loud

I respect you, the likes of emmanuelewumi and other contributors, but you see that guy, there is a loose connection between his mouth and his brain

I also respect your opinion and I have nothing against you, but there are many of us who discuss issues out of this thread that I know are real investors and sometimes we disagree to agree without bashing anyone, that's what this thread stands for....everyone has a voice, as long as no one is asking anyone for personal funds.

Lazyyouth4u:
Sholapey, abeg don’t get me started tonight. How can I do research on SFS? I have freaking money in SFS!!! Patrick, Yemi and Dimeji are my peoples. And they are good guys.

You know what exactly you were doing. You were trying to monkey hunt. Use your Cleverland and Myhelper monikers to hype the stock because you wan cash out. Imagine hyping stock with a moniker and responding with an alternate? That’s criminal! Try it again and see if EFCC no go enter your case. Abi dem say EFCC dem dey read this thread

You must be out of your mind. So you also have the same sfsreit you're discouraging people not to buy? Wonderful!!! You're simply an enemy of progress. You think efcc agents are as dumb as you? They'll end up arresting you for blackmailing. By your fruits we have known you lazy a...s youth

Like seriously

Biafran4life:
Oga no mind them.Nobi only audio na video.I don't think I have seen whr anybody claimed to be a billionaire here.And what is the big deal in being millionaire in naija.This days people even settle thr boys in millions.If they have the post let them bring it out let me follow read and understand in what context the person said it.I am not a billionaire but hope to get thr someday

Exactly my point. He attacked me the other day calling me all sorts of name for talking about sfsreit, in which he later praised after he went to research on it.