₦airaland Forum

[quote author=doubleportion post=68112523]Use 4m to invest in bonds the remaining 5m will be enough to start your pure water business. Dont put all your eggs in on basket.[/quote



What did you just said now bruv? 5 mil to start up water biz. Don't even go there...Nafdac documentation will gulp at least 500k...op will need a structure too, Cloak room where workers change into their coats(it looks more like lab coat), then production room ( where the water is processed and packed), and finished product room respectively...(where the water is packed). All these places has to be neatly tiled with the production room tiled wall to wall. Then the machines that produces the water cost more than 600k each. Then he has to drill a standard borehole with the water going for test; a purity test. Then an overhead tank....its a whole lot of process jor

Hanseel1:
guy 3450....lady 11800k

are you normal?

And that's three times the bill of what the guy ordered. So much for not being a foodie, so much for being on a diet...kpokposhi.

I read about this and find it really insightful, decides to share with follow Nlanders as this could be helpful.

How go identify, avoid financial bubbles.

Author of 'Practical steps to financial independence' and finance and business coach Mr. Usiere Uko, writes about identifying and avoiding financial bubbles

One of Webster’s online dictionary definition of a bubble is ‘a thin film of liquid inflated with air or gas’. You see a solid and attractive round object, you reach for it and by the time you get your hands round it, the bubble bursts. There is nothing inside, a hollow filled with air. You were deceived by its outward appearance.

There are financial bubbles also. A new investment comes to town. It is easy to enter and the returns are better than what the market is offering. You buy low and before you say jack, the price doubles and triples.

Financial bubbles manifest when the price of an asset trades in a range far above its intrinsic value. You are paying for more than it is actually worth. In some instances, by the time the bubble bursts, you may not even find someone to sell it to. It becomes a worthless piece of paper. In a financial bubble, the investment becomes the rave of the moment and everyone seems to want a piece of the action. It happens with some stocks in the stock market, real estate market, new investment schemes. Examples are Ponzi schemes, multilevel marketing, cryptocurrency and other investments that come and go.

Financial bubbles are not new. Sir Isaac Newton lost money in one of the reigning investments back then that came to be known as the South Sea Bubble (1711 – 1720). I had my own baptism in the mid-1980s when I invested in ‘bonds’ issued by shadowy characters while in the university. Many have since come and gone – Planwell, Umanah Umanah, Forum, Nospetco, MMM, among others. There was a stock market bubble between 2005 and 2008 and real estate bubble around 2010. Some are here today and more will come in the future.

Why do people keep falling into the same trap? Some even attack those that try to warn them. I don’t know all the answers. We believe what we want to believe. Having a herd mentality is also part of it. The moment there is a stampede, we join rather than determine what is causing the stampede. For those that desire to learn, I want to share ways you can identify financial bubbles and avoid them.

The five stages of a bubble

The economists Charles Kindleberger (1978) and Hyman Minsky (1986) identified five stages of a bubble. Using Kindleberger’s model, they are: displacement, boom, euphoria, financial distress and revulsion.

Displacement

A displacement occurs when a new idea comes that promises to displace the existing norm. A new paradigm is in town and the old is about to give way. A few excited early adopters join and spread the message. Someone told me she no longer invests in fiat currency. She has migrated to the crypto universe. Not all new ideas are bad. We need new ideas. We also need a reality check. Common sense should not be dispensed with. Success without work is a fantasy. There are fundamental principles that cannot be broken.

Boom

The first group to embrace the new idea get results. They are now convinced it is real. Word of mouth starts to spread. It is real. You cannot argue with results. The promoters take out adverts and advise everyone to come to the party. There is enough to go round. You can all become rich.

The second set also gets the promised returns. You can’t go wrong with this investment. It becomes the talk of the town. People beg, borrow or steal to invest.

Euphoria

The results are there for all to see. Everyone knows someone who invested and made money. The price is going up. People are getting paid their promised returns. There is euphoria in town. The new is taking over the old. Getting rich slowly does not make sense when there is a faster way. Everywhere you go, people are talking about it. Everybody is buying and prices keep going up. You better buy now or pay a higher price later, so you buy high, hoping it will go higher. There are always willing buyers. It keeps getting better and better.

Financial distress

Toward the peak of the bubble, someone begins to think; What is really driving this boom? Is it sustainable? Where is the cash flow or fundamentals backing the asset valuation?

Doubt creeps in. To be on the safe side, he decides to take his money while the ovation is still high.

Profit taking starts. More people start to sell. The price drops. New ‘investors’ take advantage of the price drop to come in. The price goes up again. That triggers another profit taking and the price heads down again, hitting new lows. Panic sets in as profit takers outnumber new buyers. The ride to the bottom begins. If it is a ponzi scheme, payments are frozen. If it is MLM, you get stuck with unsold inventory. History repeats itself.

Revulsion

The bubble collapses. Investors count the cost while the promoters leave town, smiling to the bank. Some die from stroke, suicide or end up in hospital. Many are left with a giant hole in their pocket that takes years to plug, especially if debts are involved. There is anger, regret and bitterness. The mere mention of the name of that investment brings revulsion. Some vow, ‘never again’.

Sadly, some learn nothing and try their luck the next time a bubble comes to town. Life is governed by laws and principles. If you try to break the law, you get broken in the process. There is no expressway to riches. Narrow is the way and few that are willing to pay the price to go through it.

kimbraa:
So, people still use saving box method to save money in this era?.

Sincerely, I can't have money saved somewhere and be starving.

kimbraa I like that name sha

tosyne2much:
Unfortunately, most ladies don't end up marrying their type of men. They end up marrying the opposite

Only a very few of them are lucky enough

true

Bad friends. What kinda friend enjoy seeing and make jest of u in ur worst state? Those were no friends of hers jor..

Hi Ernie I equally bought some Forte's shares @48.20, we can always share ideas to take advantages of favourable stocks. I think Oando is next to yield positively.

ernie4life:
Equity space is doing real good
Am moving my funds from money market to equity.
Within the last 2 weeks I have made over 30% ROI from just trading,
I bought FO at 54 on Thursday and by friday it's 10% up once it gets to 20% up am selling.
Diamond bank has also being good even UBA.
My worst pick is jaizbank am on 20% loss already I pray it bounce back

olihilistic:
are you dating a heavenly dude

Number 8 with the phrase " they can lie/ deny for Africa" got me cracking up big time. girls got me enthralled with her piece. I must commend her; in a bid to ge back at guys she put up those; there's gone be a come back for her that I can assure you miss.

olihilistic:
are you dating a heavenly dude

Number 8 with a phrase " they can lie/ deny for Africa" got me cracking up big time. girls got me enthralled with her piece. I must commend her; in a bid to ge back at guys she put up those; there's gone be a come back for her that I can assure you miss.

mizzbouqui:
Op is 50% correct

iffa hear, cos ur a graduate; possibly a working class lady. Between, OP is wrong, I know of some working class ladies that fit into these descriptions.

bbbabes:
Whats your opinion



http://www.wenogetjob.com/2016/08/pregant-woman-and-her-friends-posed-na.html

lalasticlala

all I can see are colour rioting nails on the woman's belly.

mercichoco:
Run to where? must every xter cause a brk up? That means she'll forever be running bcoz no one is 100% complete. I believe some attitude are changeable and new ones learned

I think you're right bruh, I was discussing with an Uncle recently, he said that most die-hard habits are changed by couples in marriage.

kenonze:
But I didn't see Masturbations.
What has happened to all the arguments about Vaseline crew?

you didn't hear other doctors say masturbation, if controlled well is healthy...not an advocate of self-service though.

babyfaceafrica:
another 2 years wasted because he was bold!!!!....nothing will change..the system is messed up

There is a price for every reaffirmation, all that the guy asserted here are veritable. The fact it boomerang doesn't make it less of a truth.

now where's the sexual gratification in having to be conjured into paying for sex from ur wife?

Some places in Lekki are always like these whenever it rains without a letup. I don't know if its as a result of poor drainage system; I wouldn't know.

Silence is so epic right about now. I can bet with my free E-space that lIl-whaever midget was craving the attention Toke couldn't give her. She's so pained right now. BTW this recent brutality unleashed on our celebs has got to stop jare#notothelikesoflil-venice#notocyberbully

In summary, my people are destroyed for lack of knowledge, misconceptions and self conceited. The human mind is one nasty thing. Your mind set; likening these stuffs u uphold as avenue for demon invasion into d human body..sha I wldnt knw.

Guys obsession for a heavy dutty has taken a new dimension. Its natural, some guys love for BBW is a new craze.

....And words elude me. What do u expect when u beset her publicly over her lack of bedroom skills, seriously; Lady plz. Abeg u guys should attend to her Asap.

[b][/b]No be picture of Oliver Twist dey there for his bed? I remembered vividly; the book cover sha

Bleaching gone bad...quite pathetic