Ositadima1's Posts
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ahiboilandgas:Are u for real? Were did I say that Dangotes refinery is a bad thing? I am talking about the link which u obviously did not read. D meat of d post was that some individuals are trying very hard to monopolize our economy. |
ahiboilandgas:I don't understand this ur post. Actually, it doesn't make any sense. |
Donbrig:Again, these are the rants of a man that reads only the headings and headlines. It's a very dangerous practice my man. USA has nothing to lose or even gain if you build refineries. |
ahiboilandgas:Sometimes your talk dey sound somehow for ear. Mobil is a business entity separate from the country USA, their priority is to maximize returns, not build refinery for you. |
ahiboilandgas: Donbrig:Did you two read the link? The link is talking about our economy beign monopolized by a few individuals. This point here: "The group proposed that only companies with licences to refine crude oil should import fuel whenever demand surpass available fuel or when a refinery is undergoing maintenance." And this one: "Dangote also recommended that the volume of fuel imported should be distributed according to what each refinery produces." Do such proposals sound fair to you? By d way, the bulk of our imported fuel doesn't even ship from the USA. |
Lazyyouth4u:I actually used 8.5% in my computation, if u want to reproduce it sha. At 4m in d first year, 8.5%(for consistancy) inflation and 100m starting seed with compounding 10% interest. The couple will get broke 34 years after. For 25 years with same factors as above, the couple would need to set aside 78m. Like u said after d 25 years they are on their own. Regarding what dey need d money for, u know that some people have expensive hobbies right? Also, some people may like to use this time of their lives traveling around the world (At 60 some people are still pretty good physically). Know that oyigbo mans life style and ours will start converging as time goes on. Senior citizens will not just simply eat and wither away like they used to. Nigeria may start having old peoples homes and it will not come cheap. I dont think our government will subsidize such houses like it is done in oyigbo countries. |
Some interesting observations about wealth and personal finance. 1. Based on my calculations it appears inflation is not 2 digits as portrayed in d media, it is closer to 8%. Prices of goods and services appear to have been doubling every 10years on average (this view is empirical and based on my limited observations only). 2. To maintain an equivalent 6mil a year life style ten years from now will require about 12mil(doubling effect caused by inflation) cos of point 1 above. Well some services like rent have not been moving at that pace though, thank God. ![]() 3. If u amassed 100m Naira in ur earlier years and decide to retire confidently with a 10% return annually from ur investments. (Assuming u can find a passive investment that maintains 10% return on average for d next couple of decades) 4. U will go broke 20 years after, that is if u maintain an equivalent life style of 6m(500k a month) today with no new sources of cash inflows. 5. I made a small excel calculation which I attached below. U can see that initially ur interest can catter for ur lifestyle with decent change and overall balance stays above d original 100m. But, down the line u start spending more money to maintain equivalent level of living and ur capital start eroding. 6. I believe that is d reason why some high earning people(mostly employees and salary earners) end up poorer a couple of years after retirement. 7. This is scary sha.
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https://www. coursera. org/specializations/foundational-finance Some bunch of presentations on time value of money, bonds and stocks from a university prof. (U can audit d 4 courses at no cost) |
The night is more beautiful, you live better. I do not yawn until 5 o'clock. And the city catches its breath and seems to be asleep, the darkness transforms it and changes its shape, and everything is quieter, everything is closer. There is no traffic and there is no jams, at least not the bad one, the one that stresses. People of the night always the same. We all know each other as in a village, always the same faces month after month. The day changes laws and governments, and the summers pass and the winters pass. People of the night always survive, hidden in the shadows. People of the night do odd jobs. Some are born today and end tomorrow. Bartenders, drug dealers, whores and newsagents. Cops, disguised people looking for trouble, club owners, strippers, truckers, night watchers, thieves and journalists. Bakers and confectioners, photo models. At night the girls all look beautiful, and sometimes you get one, at the disco. You see her again in the morning and she looks like a witch to you. The night plays its game to make everything seem a little bit nicer. Talking in a car in front of a door at half past four. Have breakfast with hot croissants and latte. When the sun comes up I say goodnight. I read the nairaland before others, preview of all the good and bad facts. Words flow slower at night, but it is much easier to talk to people, learn there stories, each original, knowing that nobody in the world is normal. Everyone will have something they can teach you, very different people of every color. I like the night, I see many sunrises and very few mornings. The night, she adopted me and gave me a job. I like it a lot, in fact I love it. My name is Osita I do the deejay. I never go to sleep before six AM. ![]() |
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I just finished "the strain" and it was awesome. Four seasons of pure unadulterated suspense and d twist in d end was simply too basky. I give it a solid 9/10. Well done! |
TJ0987:Hi TJ, I am glad u found my stashed novels, truth be told I have forgotten all about that post. Hit me up if u need more digital novels or books. |
Brainbox0806:Your straw man fallacy doesn't help any one. Why don't you refute his arguement with a superior counter argument instead of spewing bullocks. ![]() Some googling and this: Upon the death of a person, he ceases to have a legal personality; this means that the dead person cannot sue and cannot be sued; neither can a case be filed in court on his behalf in a representative capacity. However, upon the death of a person, he is deemed to have died leaving behind what is known as an Estate. An Estate has been defined to mean “the property that one leaves after death; the collective assets and liabilities of a dead person”. The estate of a deceased person is therefore made up of not just what he owns at his death, but what he owes others. It should be noted that the beneficiaries of the estate of a deceased Debtor are not personally liable or responsible to settle a deceased Debtor’s personal debts. In Shao Kahn's voice: FINISH HIM ! ![]() |
quant.stackexchange. com/questions/25086/calculating-half-life-of-mean-reverting-series-with-python |
Nnamz:If u come at me I go give u double my friend. Na ur papa be Ode. |
ojesymsym:Him try nah, what of this guy? LAS VEGAS -- A British man who sold all his possessions, including his clothes, stood in a rented tuxedo Sunday surrounded by family and friends and bet everything on a single spin of the roulette wheel. He won't go home empty handed. Ashley Revell, a 32-year-old Londoner, sold all his possessions in March, took $135,300 to the Plaza Hotel in Las Vegas, did some low-stakes gambling and then placed everything he had left on "red." The wheel was spun, a crowd of supporters including his Mum and Dad from London went wild, the ball bobbled over the slots and landed on Red 7 -- and Revell walked away with $270,600. Me sef bet 300k (Naira o, I never see dollar before o) on 2 odd game some years back, I won! ![]() |
Pee2Jay9:He plenty nah, businesses way dey give 1 to 2% monthly on invested money. Note that u need atleast 100/2 x 500k as capital. So, my question is do u have 25 mil to invest? ![]() |
Nnamz:To ask for loan is not a scam nah. If you are not interested shift his email id to spam mails. Don't get triggered unnecessarily. |
P-value this t-score that. Confidence interval this, significance level that. Nul hypothesis this Alternate hypothesis that. Na to go out go drink beer, watin my eye dey see no be here. |
Cointigration - (CADF test and Johansen test) Stationarity - Augmented Dickey-Fuller test Hurst exponent ADF and Variance Ratio tests Augmented Dickey-Fuller Test Half-Life of Mean Reversion My people, to make money no easy o. When I knew I have hit the last straw was when they mentioned heterocedasticity my head scatter. An that all dis stuff are equations to be implemented programmatically. My hair don dey white o, if I no hammer for dis NSE, watin I gain? ![]() |
yazga:Like I said before, u need a solid escrow service for you to do P2P, else you will get scammed. That u have used P2P countless times is not the koko here, let me tell you a short story. We had a bulb holder that had no bulb in it, mind you I was a pre-teen back then, I will often climb a chair and stick my fingers in the holder after a power cut(Nepa was epileptic), I did that countless times, I could have electrocuted my self if Nepa restored sodenly and that would have been d end... I guess that was my own version of the famous Russian roulette. ![]() |
lavylilly:They have facilitated scammers. If u use P2P without a solid escrow, u are on ur own. |
Dear ositadima1, Kindly be informed that the Central Bank of Nigeria (CBN) has directed all banks to close accounts of persons and/or entities transacting in or operating crypto currency exchanges with immediate effect. This follows an earlier circular issued by the CBN in January 12, 2017 which cautioned the public and financial/non-financial institutions on risks associated with transacting in crypto currencies. In line with this directive, any FCMB account identified as transacting in or operating crypto currency exchanges will be closed accordingly. For more information, please send an email to customerservice@fcmb.com. Thank you for choosing FCMB. |
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U can try: Wait, buy CHAMS at around .21 and sell at around .26 ... Rinse, repeat. Something to do with mean reversion of stationary time series. Do ur DD sha. #systematic trader #quant in d making ![]() #money lover |
2wavetech / How-to-Check-if-Time-Series-Data-is-Stationary-with-Python |
Mandela27:No dey talk watin u no know. The drilling platform way I dey now is being evacuated. Nothing less than 5 cases of COVID confirmed. Dis thing no be play o. During quarantine 3 guys failed d test as in positive results. Every body dey run helter skelter for here.
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CuteMercury:True Blood was actually a nice show, Vampire Bill and Sookie Stakehouse were great characters. I will definitely rewatch. The Originals was also good, the two show depicted vampire lore in slightly different ways. Oh, some honourable mentions: "Blade" trilogy set of movies "Underworld" set of movies "The vampire chronicles" this one is a book series by Anne Rice. It follows the life of d vampire Lestat, Nikolas Klaus dey learn work were dis one dey. "Van Helsing" "Buffy the Vampire slayer", I haven't seen this one. "Dracula Untold" "Bram Stoker's Dracula", I read the novel, d movie was shit. "V Wars", this one was shit from the get go. Damon Salvatore was in it too, not as Damon ofcourse. |
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. Or maybe the kids will step in to assist 


