₦airaland Forum

press9jatv:
na Gaari he Dey drink now. Yeye boy

ExAngel007:
Yahoo boys share their struggle with becoming broke after spending way too much on frivolities

In a series of viral posts on social media, several former "Yahoo Boys" – a term used in Nigeria to describe individuals involved in online fraud – have come forward to share cautionary tales of their experiences with sudden wealth from cryptocurrency gains and other ventures, followed by financial ruin due to reckless spending and lack of proper financial planning.

The revelations, shared on social media by Sir David Onyemaizu, aim to offer lessons on the importance of money management and financial responsibility.

In one post, a man recounts earning $100,000 from Bitcoin trading between 2020 and 2021, only to face financial struggles shortly afterward.

Despite once having up to eight Bitcoins, the individual admits that he now has nothing to show for it. He reflects on the notion that "money not worked for" often leads to wasteful spending, emphasizing the importance of valuing
legitimately earned income. “Calculate the price of BTC from 2020 to 2023 October, then you will get the price. 8 BTC ooo,” he writes, reflecting regret over lost opportunities and poor choices.

Another post features a former "Yahoo Boy" who recalls spending lavishly after his sudden rise to wealth, even renting a luxury home in the upscale Lekki area of Lagos. However, by early 2023,reality set in, and with no stable income source,
he returned to his hometown. He warns others about the pitfalls of irresponsible spending, noting, "Even the money you invest when reality sets in, you go pull out that investment to settle problems and bills."

The final message comes from an individual who lost his car, home, and relationships due to his financial downturn. After spending most of his newfound wealth in 2021 on hotel stays and luxuries, he now struggles to make ends meet.

Facing eviction, he reflects, “If I see 5k naira in my account like this, I will be so happy to tell the rate at which I’ve suffered.”


Read below………………………..

PissInside:
If I got 100 million naira,I'll hire 50 people who can cook variety of meals ranging from Fried rice,Jollof rice,Ofada rice, Coconut rice,Soups,Salads,Moi-Moi, Turkey, Chicken,Goat meat ETC

I'll open a upscale food canteen in at least 20 locations in Lagos state with a distinct brand( The brand could be the name,design or advert style)

I'll focus on quality instead of quantity.... Nigerians love to buy expensive stuffs as long as they know you don't compromise.

For example,I could sell a piece of grilled turkey for 12,000 naira and people will buy it or a piece of well prepared catfish peppersoup for 15,000 naira....A big catfish costs just 4k or 5k so imagine the gain.

I'll make sure they open from Monday to Sunday ( Very possible,you only need a large staff and you pay them good)

I could go on but let me say if you got 100 million or less,and you want to double it in a space of 6 months,you can never go wrong with selling food, transportation and importation.

Even beggars and poor people eat not to talk of comfortable and rich people,As long as you're neat, respectful and good, you're destined to make it.

As for importation,you can import trending goods at 2000 naira and sell at 5000 naira or more.

Imagine a profit of 3k on 1000 goods sold,That's 3 million naira gain on just one product.

oz4real83:
Some of their victims committed suicide, some lost their jobs, some lost their sanity, how will such money last

oz4real83:
Some of their victims committed suicide, some lost their jobs, some lost their sanity, how will such money last

Nomerci:
Just like me,I picked 5m by Feb,but August it remained just 500k.as I dey talknto u,I'm left with 100k. I feel broke.and client. O gree pay again.

In banky w voice

Maga no gree pay

Basiljoe:
Dem full this my area here for Ajah. I no get strength. I for reveal so many things.

Thank God I left that rubbish to focus on Cyber security.

Whytelyon:
Boy stupid now. I don't talk to him no more. When I came back from overseas , he come my house , my sister's didn't even welcome him.

EmperorCaesar:


Understanding financial management will make you sustain wealth for years. It will guide you to build wealth securely, not just invest aimlessly.


Extravagant spendings and living a lavish life is the reason why most of them return to trenches

Karma doesnt exist, and life doesnt know the diff between legal and illegal wealth, so there's nothing like "suffering the consequences of their actions" in this case


Say No to Yahoo but, Financial Management is key.

Wasky101:
No such thing as karma.

Wealth comes with a price.
Every wealth person has done something untoward at one point in time or the other.
And I am not talking about wealth of I buy house for lekki. I mean wealth that can last generations.
People are quick to say look at dangote. Dangote inherited generational wealth, if you find out the source of the original wealth either from his Great grand parents or further down the line you will be shocked.
If in life you have the fear of God and conscience you chances of having generational wealth is next to zero.

Love800:
What is cyber security?

PissInside:
If I got 100 million naira,I'll hire 50 people who can cook variety of meals ranging from Fried rice,Jollof rice,Ofada rice, Coconut rice,Soups,Salads,Moi-Moi, Turkey, Chicken,Goat meat ETC

I'll open a upscale food canteen in at least 20 locations in Lagos state with a distinct brand( The brand could be the name,design or advert style)

I'll focus on quality instead of quantity.... Nigerians love to buy expensive stuffs as long as they know you don't compromise.

For example,I could sell a piece of grilled turkey for 12,000 naira and people will buy it or a piece of well prepared catfish peppersoup for 15,000 naira....A big catfish costs just 4k or 5k so imagine the gain.

I'll make sure they open from Monday to Sunday ( Very possible,you only need a large staff and you pay them good)

I could go on but let me say if you got 100 million or less,and you want to double it in a space of 6 months,you can never go wrong with selling food, transportation and importation.

Even beggars and poor people eat not to talk of comfortable and rich people,As long as you're neat, respectful and good, you're destined to make it.

As for importation,you can import trending goods at 2000 naira and sell at 5000 naira or more.

Imagine a profit of 3k on 1000 goods sold,That's 3 million naira gain on just one product.

ExAngel007:
Yahoo boys share their struggle with becoming broke after spending way too much on frivolities

In a series of viral posts on social media, several former "Yahoo Boys" – a term used in Nigeria to describe individuals involved in online fraud – have come forward to share cautionary tales of their experiences with sudden wealth from
cryptocurrency gains and other ventures, followed by financial ruin due to reckless spending and lack of proper financial planning.

The revelations, shared on social media by Sir David Onyemaizu, aim to offer lessons on the importance of money management and financial responsibility.

In one post, a man recounts earning $100,000 from Bitcoin trading between 2020 and 2021, only to face financial struggles shortly afterward.

Despite once having up to eight Bitcoins, the individual admits that he now has nothing to show for it. He reflects on the notion that "money not worked for" often leads to wasteful spending, emphasizing the importance of valuing
legitimately earned income. “Calculate the price of BTC from 2020 to 2023 October, then you will get the price. 8 BTC ooo,” he writes, reflecting regret over lost opportunities and poor choices.

Another post features a former "Yahoo Boy" who recalls spending lavishly after his sudden rise to wealth, even renting a luxury home in the upscale Lekki area of Lagos. However, by early 2023,reality set in, and with no stable income source,
he returned to his hometown. He warns others about the pitfalls of irresponsible spending, noting, "Even the money you invest when reality sets in, you go pull out that investment to settle problems and bills."

The final message comes from an individual who lost his car, home, and relationships due to his financial downturn. After spending most of his newfound wealth in 2021 on hotel stays and luxuries, he now struggles to make ends meet.

Facing eviction, he reflects, “If I see 5k naira in my account like this, I will be so happy to tell the rate at which I’ve suffered.”


Read below………………………..

Basiljoe:
Cybersecurity is the practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks. It's also known as information technology security or electronic information security.

The term "cybersecurity" applies in a variety of contexts, from business to mobile computing, and can be divided into a few common categories.

https://www.cisco.com/site/us/en/learn/topics/security/what-is-cybersecurity.html#:~:text=Cybersecurity%20is%20the%20practice%20of,or%20interrupting%20normal%20business%20processes.

https://www.kaspersky.com/resource-center/definitions/what-is-cyber-security

https://en.m.wikipedia.org/wiki/Computer_security

Wealthoptulent:
LEGIT MOINEY is the best.... thats why i am Happy i made all my money legitimately , today i live in the WESTERN world with my FAMILY, for years now; i sleep n wake with out fear or expectation of LAW enforcement ANYTIME or DAY.. back wen i was at home, i WORKED as ACADEMIC STAFF in HIGHER INSTITUTION , but i SELL CARS back to back.. my STUDENTS EVEN GAVE me "YAHOO LECTURER" as nick cos the PLACES they find me, i no dey BEHIND these HKN BOYS, i spent every dime with SENSE but i ball n be small too, they even gbe mi jaiye.. they were my most CUSTOMERS/CLIENT dem no dey price, they jus Pay so i made sure i had good CLEAN RIDE as DEALS.. LEXUS, VENZA BMW, BENZ were my market products for them. i usually gave dem my ADVICE, that u can use COOPERATIVE money to BUY CAR but u cant use the COOPERATIVE MONEY for its MAINTENANCE .. Meaning its easier to see any HUGE money to buy car but think of how to MAINTAIN it if no such income every time

Harddiskng:
Imagine a whole 8 btc. He will die in poverty, it is not a curse; it is certainty. These are ones are financial illiterates and e-diots.

Just today i was thinking about how someone would just hammer his first N100 million. Next thing the fool is creating more liabilities with the money - rents a house of 3 million per year, buys a 20 million car, buys latest iphone, carry olosho etc

When my first thought is to invest that money, to create a stream of income: even if its money market. Then cut my coat according to that income stream.

Poverty is in people destiny no matter what they do. Smh.

Lastly, money gotten from fraudulent means would always turn to fire and consume its keeper and everything he owns. It’s in the good book.

PissInside:
If I got 100 million naira,I'll hire 50 people who can cook variety of meals ranging from Fried rice,Jollof rice,Ofada rice, Coconut rice,Soups,Salads,Moi-Moi, Turkey, Chicken,Goat meat ETC

I'll open a upscale food canteen in at least 20 locations in Lagos state with a distinct brand( The brand could be the name,design or advert style)

I'll focus on quality instead of quantity.... Nigerians love to buy expensive stuffs as long as they know you don't compromise.

For example,I could sell a piece of grilled turkey for 12,000 naira and people will buy it or a piece of well prepared catfish peppersoup for 15,000 naira....A big catfish costs just 4k or 5k so imagine the gain.

I'll make sure they open from Monday to Sunday ( Very possible,you only need a large staff and you pay them good)

I could go on but let me say if you got 100 million or less,and you want to double it in a space of 6 months,you can never go wrong with selling food, transportation and importation.

Even beggars and poor people eat not to talk of comfortable and rich people,As long as you're neat, respectful and good, you're destined to make it.

As for importation,you can import trending goods at 2000 naira and sell at 5000 naira or more.

Imagine a profit of 3k on 1000 goods sold,That's 3 million naira gain on just one product.

Caleycash:
What is money market bro?

trappatoni:
So cryptocurrency is yahoo abi what am I reading....we should separate the two biko.....back to those that lost their wealth....if it is ill gotten wealth then it will go back to zero....if not...if you fall ....you'll rise again....God is faithful and just.....

CodeTemplarr:
Wealth is largely a spiritual thing with some physical representation. They forgot how they plused their hustles and all that.

aariwa:
many people are in prison today or are dead because of this mindset of you must commit crime to be wealthy

EmperorCaesar:


Understanding financial management will make you sustain wealth for years. It will guide you to build wealth securely, not just invest aimlessly.


Extravagant spendings and living a lavish life is the reason why most of them return to trenches

Karma doesnt exist, and life doesnt know the diff between legal and illegal wealth, so there's nothing like "suffering the consequences of their actions" in this case


Say No to Yahoo but, Financial Management is key.

Harddiskng:
It’s a real conservative investment fund, your money used to investment in low risk instruments like treasury bills, commercial papers etc.

It is doing about 20% per annum now, which is a pretty decent return for a low risk investment.

You can get started for a little as 5k. Just imagine it like a current bank account, where your money grows.

Check out the mutual fund trend:
https://www.nairaland.com/1912965/mutual-funds/337

I would recommend Stanbic IBTC Asset Manager or FBNQuest Asset Management (Stanbic is baba for operational efficiency - getting money in and out: nowadays FBNQ seem to be offering better returns and i see they also making effort to fix their operational efficiency too).

God bless.

seanery:
Dont ever in your foolish parent Life mention God's name again.
You are devil's child.

Wealthoptulent:
LEGIT MOINEY is the best.... thats why i am Happy i made all my money legitimately , today i live in the WESTERN world with my FAMILY, for years now; i sleep n wake with out fear or expectation of LAW enforcement ANYTIME or DAY.. back wen i was at home, i WORKED as ACADEMIC STAFF in HIGHER INSTITUTION , but i SELL CARS back to back.. my STUDENTS EVEN GAVE me "YAHOO LECTURER" as nick cos the PLACES they find me, i no dey BEHIND these HKN BOYS, i spent every dime with SENSE but i ball n be small too, they even gbe mi jaiye.. they were my most CUSTOMERS/CLIENT dem no dey price, they jus Pay so i made sure i had good CLEAN RIDE as DEALS.. LEXUS, VENZA BMW, BENZ were my market products for them. i usually gave dem my ADVICE, that u can use COOPERATIVE money to BUY CAR but u cant use the COOPERATIVE MONEY for its MAINTENANCE .. Meaning its easier to see any HUGE money to buy car but think of how to MAINTAIN it if no such income every time


So you think you never Touched Bløọd Money before? Make i because of say Customer Do ritual , make he buy my Goods and make he no pay? NA CHARITY I dey RUN? abi RITUAL money no Full BANKS?

Love800:
How can i learn it?
And where can i work with it?