₦airaland Forum

Streetinvestor2:
My first call for this yr Tantalizer @#2.30 has delivered 100% percent...anyone concerned is now on your own
I am waiting for oando to do same
When is the next billion list going to happen
E get why

yMcy56:
Thanks for the info.
Let's be hearing from you from time to time again.
Shebi it's MTNN shey? 😁


* Meanwhile, VFD is sighted @14.20...+10% 😊
Full bid...
We still expect this to hit 19/20.....1st leg
* CHAMS offloader @4.50 is still in market, after e don finish, CHAMS should move 😊

ogawisdom:
One line of my biggest stock market investor, Warren Buffett is important at this period -

Be cautious when optimism is wild and be greedy when everyone is fearful.

sboga:
my sis...its not too late still....1k will look cheap as soon as the re erection fund if capitalizaed by d french wid d lesbanese on d side...all dis foregn trips na dis b d ko ko

NSEstudent:
Lesba what?

chimex38:
Foreign reserve for welfare is a no-no.

It's like selling your house or emptying your bank account to feed your household for the next few days or month.
What happens before then, what of shelter, rainfall
thats too fragile for any economy.

when you can borrow against part of your house while still investing your savings, still provide shelter for the household.
Even if you were to eventually crash from the borrowings, you will crash much more faster spending and selling your last resort for welfare and consumption than borrowing heavily for both consumption and a fortune turn-around.



That said, I don't even support the excessive borrowings of the Government.
Aside the legacy and gigantic infrastructure projects,
Budgit isn't even helping matters by quantifying the number of failed and uncompleted projects from last 2yrs.

SonofElElyonRet:
I never said empty the foreign reserve

mikeapollo:

KarlTom:
ARADEL. +7.14%
CONOIL. ±
ETERNA. +0.45%
OandO. -2.13%

Sunrisepebble:
You’re still in this Oando

SonofElElyonRet:
I never said empty the foreign reserve

Ginalex:
No play with Megawealth1 o. I can list at least 3 of his stock picks that have over delivered

Deapcap at below 1 naira
PZ at below 35 naira
NB at 29
MTN at 181... So I believe d!e say Unity go deliver. Don't play!

SonofElElyonRet:
Dem just dey twist my position..

KarlTom:
Still accumulating

SonofElElyonRet:
Dem just dey twist my position..

brotherly:
he also recommended

CWG
Redstar express
union Dicon
Meyer


they have all delivered.

Megawealth na blessing to this forum.

chimex38:
OK. I get your perspective though.
It's not as though these funds are sitting idle which is where your concern seem to come from; very understandable. It's actually what necessitated my research some time ago.
The returns from these investments NOT the reserve itself are used to cater for the citizens in various capacities. (though citizens no dey too feel am)

From my research some time ago, what I found out the FG does with some of these reserves for citizens welfare is to invest it with a National investment _Firm(NSIA) of which only the proceeds are used to cater for citizens welfare in 3 indirect ways:

1)Stabilization fund: to Fund Budget Deficit(especially when oil Prices dip lower than budgeted estimates)

2)Future Generations Fund
Savings and investment for future children, future presidents and future Nation.

Infrastructure Fund:
Domestic infrastructure, health, education, Agric, etc.
The NDIF listed on Ngx is partly supported by NSIA.

Unfortunately these returns aren't enough for our monumental national issues
You can do more research.

mikeapollo:
They wan rope you in by all means

KarlTom:
Still accumulating

SonofElElyonRet:
Nairametrics - BREAKING: Tantalizers secure N2billion investment as it expands into entertainment

brotherly:
he also recommended

CWG
Redstar express
union Dicon
Meyer


they have all delivered.

Megawealth na blessing to this forum.

mikeapollo:

costly mistake

mikeayus:
Would you advise one to take profits on these stocks now?

mikeayus:
Would you advise one to take profits on these stocks now?