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The Adventures Of A New UK Migrant - Travel (14) - Nairaland

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Re: The Adventures Of A New UK Migrant by skylane: 9:56pm On Nov 05, 2017
Pidgin2:


grin grin How old are you?
why are you asking how old is he madam? Is he not speaking the truth? Youv not answered my Question,list 3 things working in naija please,or you u please hold ur peace for ppl with the same vision to flock together

17 Likes

Re: The Adventures Of A New UK Migrant by Nobody: 10:05pm On Nov 05, 2017
skylane:
why are you asking how old is he madam? Is he not speaking the truth? Youv not answered my Question,list 3 things working in naija please,or you u please hold ur peace for ppl with the same vision to flock together

These are a few benefits Nigerians have but fail to see. Of course every country has its pros and cons but many people feel Nigeria has no pros.

Access to credit
Easy set up process for businesses
Cheap labor/man power availability
Tax waivers
Available market for various commodities
Agriculture loans and credit facilities
Opportunities to invest
Real estate

2 Likes

Re: The Adventures Of A New UK Migrant by skylane: 10:12pm On Nov 05, 2017
Pidgin2:


Access to credit
Easy set up process for businesses
Cheap labor/man power availability
Tax waivers
Available market for various commodities
Agriculture loans and credit facilities
Opportunities to investment
Real estate
okay you and I know very well the common man on the street can only have access to such 1.5%(agriculture loans),now you say cheap labour and man power,opportuinity investment? Without light? Good road? Okay now all wat u listed up dere are all for the rich to benefit, what about those that are trying hard to rise up? Okay now what of basic social amenity please just list what's working? Even though u still pay tax(indirectly) for them,which one pleasw are u benefitin?

8 Likes

Re: The Adventures Of A New UK Migrant by EfemenaXY: 10:12pm On Nov 05, 2017
ladylco:


Who talks about stock and shares in this time and era? Abeg stock and shares no be am now expect you are looking at buying for a long time basis hoping it will rise one day.

The time when stock and share is the in thing don pass tey tey sister, you have really been left behind! see why you need to come home often?

Madam.

I was referring to investing his money here in the UK.

Thank you.
Re: The Adventures Of A New UK Migrant by EfemenaXY: 10:14pm On Nov 05, 2017
signature2012:


I believe she was talking about investing in shares abroad and not naija.

Yes I was. Thumbs up smiley
Re: The Adventures Of A New UK Migrant by EfemenaXY: 10:16pm On Nov 05, 2017
ladylco:


Who tell you? have you bought one? are you in Nig?

I know what I’m talking about. Let’s leave it at that.
Re: The Adventures Of A New UK Migrant by signature2012(m): 10:24pm On Nov 05, 2017
ladylco:


Do you understand the principles of Tbills? that would'nt works for him considering his business/investment intentions. You need to know your customer and customise the best investment for them. Are you aware that at a time wot he was getting as interest in FD, Tbils no give am that? Sometimes FDs interest Matches that of TBills, you just have to be studying the market, no be to just put money for any of these fin instrument like that


My 10 years experience in naija banking industry no be moimoi!

Hope you are not close to where another psycho just did shooting in a first baptist church in texas kiliing 27 people?

2 Likes

Re: The Adventures Of A New UK Migrant by ladylco: 11:41pm On Nov 05, 2017
signature2012:



My 10 years experience in naija banking industry no be moimoi!

Hope you are not close to where another psycho just did shooting in a first baptist church in texas kiliing 27 people?


my bros for wheere! not a joke at all o grin

Nope brova, am 2 hours away, funny enuf na mr younger broda in germany just called me abt 2 hrs ago to ask if i am okay, but i dey kampe no shaking, i be nija babe na and omo ori oke ina for that mata na am covered

Thanks for checking

7 Likes

Re: The Adventures Of A New UK Migrant by claremont(m): 12:19am On Nov 06, 2017
Stocks, shares, real estate investments yield excellent returns in the UK as well, and in my own honest opinion and experience, the returns are much better than that obtainable in Nigeria. The only challenge is choosing the right investment for your risk threshold, but getting the initial capital isn't really a problem as most hardworking Nigerian immigrants have savings anyway.

I will recommend 'Petrofac' shares if anyone is looking for where to park £30,000-£50,000. It's currently one of the most volatile shares in the market ever since the SFO commenced investigation on its dealings, but the volatility is an opportunity to make quick weekly/monthly returns. This share was 410p just a week ago, it currently sits at 440p. Anyone who traded this with £50,000 last week will be looking at a few grand pure cash profit to play around with within 7 days. If you have a medium term view and can wait, this share will be 700p in the next 2-3 years. Personally, I have been invested in them for a while, and I traded them many times previously. It's a volatile share that has been oscillating between 390p-480p for months. There are several shares like this, it's just a matter of doing your research and conducting due diligence on them. Caveat Emptor! grin

On the issue of real estate investment, there are many desolate low-cost properties in the North of England that can be bought cheaply, improved upon and given out for rental income. The rental income will offset the mortgage and also give you a decent income. If you are business savvy, the rental income will offset not only the mortgage of the properties given out for rent, but also your own property you live in. You can buy these properties with cash if you have savings or get a great mortgage deal from the banks. This is why I spoke earlier about the importance of maintaining a healthy credit rating, Landlord mortgages are not given to every John Doe.

I can't speak for investments in London and the south as I don't live there, maybe people who live in London can recommend low-risk investments Nigerian immigrants can indulge in.

What we all agree on though is that we are in the UK to make money, live a better life and provide the best opportunities for our future kids. We are not in the UK to admire 'Mama Charlie' face, and if you don't know who 'Mama Charlie' is, go and ask Prince Charles the name his mum said Nigerian-Briticos should call her! grin

17 Likes 2 Shares

Re: The Adventures Of A New UK Migrant by Lexusgs430: 12:36am On Nov 06, 2017
claremont:
Stocks, shares, real estate investments yield excellent returns in the UK as well, and in my own honest opinion and experience, the returns are much better than that obtainable in Nigeria. The only challenge is choosing the right investment for your risk threshold, but getting the initial capital isn't really a problem as most hardworking Nigerian immigrants have savings anyway.

I will recommend 'Petrofac' shares if anyone is looking for where to park £30,000-£50,000. It's currently one of the most volatile shares in the market ever since the SFO commenced investigation on its dealings, but the volatility is an opportunity to make quick weekly/monthly returns. This share was 410p just a week ago, it currently sits at 440p. Anyone who traded this with £50,000 last week will be looking at a few grand pure cash profit to play around with within 7 days. If you have a medium term view and can wait, this share will be 700p in the next 2-3 years. Personally, I have been invested in them for a while, and I traded them many times previously. It's a volatile share that has been oscillating between 390p-480p for months. There are several shares like this, it's just a matter of doing your research and conducting due diligence on them. Caveat Emptor! grin

On the issue of real estate investment, there are many desolate low-cost properties in the North of England that can be bought cheaply, improved upon and given out for rental income. The rental income will offset the mortgage and also give you a decent income. If you are business savvy, the rental income will offset not only the mortgage of the properties given out for rent, but also your own property you live in. You can buy these properties with cash if you have savings or get a great mortgage deal from the banks. This is why I spoke earlier about the importance of maintaining a healthy credit rating, Landlord mortgages are not given to every John Doe.

I can't speak for investments in London and the south as I don't live there, maybe people who live in London can recommend low-risk investments Nigerian immigrants can indulge in.

What we all agree on though is that we are in the UK to make money, live a better life and provide the best opportunities for our future kids. We are not in the UK to admire 'Mama Charlie' face, and if you don't know who 'Mama Charlie' is, go and ask Prince Charles the name his mum said Nigerian-Briticos should call her! grin

How many people have between £30,000 - £50,000 to park in shares investment garage?

6 Likes

Re: The Adventures Of A New UK Migrant by bebe2(f): 2:05am On Nov 06, 2017
claremont:
Stocks, shares, real estate investments yield excellent returns in the UK as well, and in my own honest opinion and experience, the returns are much better than that obtainable in Nigeria. The only challenge is choosing the right investment for your risk threshold, but getting the initial capital isn't really a problem as most hardworking Nigerian immigrants have savings anyway.

I will recommend 'Petrofac' shares if anyone is looking for where to park £30,000-£50,000. It's currently one of the most volatile shares in the market ever since the SFO commenced investigation on its dealings, but the volatility is an opportunity to make quick weekly/monthly returns. This share was 410p just a week ago, it currently sits at 440p. Anyone who traded this with £50,000 last week will be looking at a few grand pure cash profit to play around with within 7 days. If you have a medium term view and can wait, this share will be 700p in the next 2-3 years. Personally, I have been invested in them for a while, and I traded them many times previously. It's a volatile share that has been oscillating between 390p-480p for months. There are several shares like this, it's just a matter of doing your research and conducting due diligence on them. Caveat Emptor! grin

On the issue of real estate investment, there are many desolate low-cost properties in the North of England that can be bought cheaply, improved upon and given out for rental income. The rental income will offset the mortgage and also give you a decent income. If you are business savvy, the rental income will offset not only the mortgage of the properties given out for rent, but also your own property you live in. You can buy these properties with cash if you have savings or get a great mortgage deal from the banks. This is why I spoke earlier about the importance of maintaining a healthy credit rating, Landlord mortgages are not given to every John Doe.

I can't speak for investments in London and the south as I don't live there, maybe people who live in London can recommend low-risk investments Nigerian immigrants can indulge in.

What we all agree on though is that we are in the UK to make money, live a better life and provide the best opportunities for our future kids. We are not in the UK to admire 'Mama Charlie' face, and if you don't know who 'Mama Charlie' is, go and ask Prince Charles the name his mum said Nigerian-Briticos should call her! grin

I don't understand shares trading atall, I have tried my hardest but just can't get me head around it.

However, real estate is my thing. But not sure I will but money on any property in uk at the moment as the market is unpredictable due to this Brexit wahala .

Housing booms due to population increase, leaving the EU means the uk is no longer a desirable place for EU migrants, Eu nurses have already started boycotting the uk. And the uk has tightened the rules on other migrants coming here make it the most unattractive for potential settlers. Bearing this in mind, is real estate still a viable investment in the UK??

2 Likes 2 Shares

Re: The Adventures Of A New UK Migrant by Fish123(m): 5:38am On Nov 06, 2017
Sorry you said omo Ori Oke Ina......are you referring to GOFGEM
ladylco:



i be nija babe na and omo ori oke ina for that mata na am covered


Re: The Adventures Of A New UK Migrant by 9iceDaniel: 5:49am On Nov 06, 2017
Fish123:
Sorry you said omo Ori Oke Ina......are you referring to GOFGEM
Ori oke in ati ise agbara....... Na MFM

4 Likes

Re: The Adventures Of A New UK Migrant by ladylco: 5:53am On Nov 06, 2017
Fish123:
Sorry you said omo Ori Oke Ina......are you referring to GOFGEM

Translate omo Ori Oke Ina in English.............What's GOFGEM?
Re: The Adventures Of A New UK Migrant by Fish123(m): 6:15am On Nov 06, 2017
Copy that.......
ladylco:

Translate omo Ori Oke Ina in English.............What's GOFGEM?
Re: The Adventures Of A New UK Migrant by solidmyk(m): 6:38am On Nov 06, 2017
Lol. Abeg who be this pidgin2 sef, e be lyk say na from outside she come from. grin
Re: The Adventures Of A New UK Migrant by BrowNetter(m): 12:01pm On Nov 06, 2017
signature2012:



My 10 years experience in naija banking industry no be moimoi!

Hope you are not close to where another psycho just did shooting in a first baptist church in texas kiliing 27 people?


I didn't goto church cool but my brother drove past there at about 12pm. He got stucked up cos Sheriff's were all over the scene..
Here in America, even though the security system works fine, Obviously, I fear too many people owns a gun cry cry
I saw some niggahz playin dice n stonin each others with gun, I jejely vamoose before Marijuana will start its job with sombori- guns here is like having catapult, grin

11 Likes

Re: The Adventures Of A New UK Migrant by DatechMan(m): 1:53pm On Nov 06, 2017
Pidgin2:


I'm laughing because he clearly has no idea.. cheesy

To your question, find the answer below:

Access to credit
Easy set up process for businesses
Cheap labor/man power availability
Tax waivers
Available market for various commodities
Agriculture loans and credit facilities
Opportunities to invest
Real estate

Access to Credit - Liar!
Except you are talking about LAPO, SEAP and other microfinance that will give you 30k at exhorbitant interest rate.

Easy setup of business
You will still need to register your company and pay taxes even if your company can barely survive. Unless you are referring to roadside business.

Cheap Labor? Are you for real? Blame unemployment. My last driver was a graduate. I paid him 30k.

Tax waivers? Who pays the tax anyways? If you know someone in FIRS, you get your clearances, no sweats

Available Market? Which market? Even people still make money selling food in Syria

Agricultural loans? After being tricked to open a saving account with a bank, nothing was gotten. Only people that are ready to go through backdoors get these so-called loans.

Opportunity to invest? I laff hard when I hear this. Like it's supposed to be some luxury.

Real estate? Where? Chibok? Did you know some people had to sell their property in Ikorodu for a cheap price?
Real estate is investment, why are you repeating yourself?

12 Likes

Re: The Adventures Of A New UK Migrant by Malayy(m): 2:45pm On Nov 06, 2017
UKmigrant:
Queuing for food and beer grin
Do you talk to any of these whiteys ?
Re: The Adventures Of A New UK Migrant by Marriott1980(m): 5:12pm On Nov 06, 2017
justwise:


Investing in Nigeria by proxy is always a problem because of trust issues.

Investing here is a good idea if you see the opportunity.

Keeping money in savings account here is waste of money as interest is close to nothing.

You are very correct here. Trust is a very serious issue when you are trying to invest in Nigeria. One thing I always advice people who want to incest in the west is to look into Franchising. Buying a franchise will save a lot of stress and marketing because you are buying into an already existing brand. Also, there are a lot of cheap franchises to buy but people don't know.

2 Likes 1 Share

Re: The Adventures Of A New UK Migrant by Marriott1980(m): 5:28pm On Nov 06, 2017
Pidgin2:


I'm laughing because he clearly has no idea.. cheesy

To your question, find the answer below:

Access to credit
Easy set up process for businesses
Cheap labor/man power availability
Tax waivers
Available market for various commodities
Agriculture loans and credit facilities
Opportunities to invest
Real estate

Please madam what access to credit are you talking about. As someone that worked in a bank in Nigeria before relocating, I can tell you you don't know what you are talking about. Can a tailor or a mechanic in Nigeria get access to credit? Banks in Nigeria don't just throw credit like its coffetti thrown at a wedding, only the big business people get access to credit in Nigeria. I don't know what you do for a living in Nigeria or maybe you have the information I don't have but on this case I beg to differ.

13 Likes

Re: The Adventures Of A New UK Migrant by Lexusgs430: 7:27pm On Nov 06, 2017
Marriott1980:


Please madam what access to credit are you talking about. As someone that worked in a bank in Nigeria before relocating, I can tell you you don't know what you are talking about. Can a tailor or a mechanic in Nigeria get access to credit? Banks in Nigeria don't just throw credit like its coffetti thrown at a wedding, only the big business people get access to credit in Nigeria. I don't know what you do for a living in Nigeria or maybe you have the information I don't have but on this case I beg to differ.


You are not nice..... I was busy hunting for confetti, disguised as easy access to credit.....
Repent and start confessing all your sins......

1 Like

Re: The Adventures Of A New UK Migrant by error4040: 9:37pm On Nov 06, 2017
Pidgin2:


grin grin How old are you?
.
lol my age has nothing to do with why I quote you earlier, just kindly defend what I said on my privious post that's if you have any meanful reason.


their is this saying the truth is always Bitter

1 Like

Re: The Adventures Of A New UK Migrant by Nobody: 9:37pm On Nov 06, 2017
I feel like breaking Pidgin2's head. Just spewing thrash up and down. How can a person be so bitter?! Maybe she got deported once upon a time

11 Likes

Re: The Adventures Of A New UK Migrant by Lexusgs430: 10:02pm On Nov 06, 2017
lovelygurl:
I feel like breaking Pidgin2's head. Just spewing thrash up and down. How can a person be so bitter?! Maybe she got deported once upon a time

Lovelygurl, how lovely is lovely girl? For this post, you must be indeed, very lovely.......

6 Likes 1 Share

Re: The Adventures Of A New UK Migrant by richsnub(m): 10:12pm On Nov 06, 2017
Nice one OP...cant wait for my turn to leave naija too.Oh lord even if its just for one or two months to serrie leone sef just help me,so that wen am back to naija nkechi and funke will drooling like am anthony joshua that just came back from abroad

1 Like

Re: The Adventures Of A New UK Migrant by skylane: 11:18pm On Nov 06, 2017
lovelygurl:
I feel like breaking Pidgin2's head. Just spewing thrash up and down. How can a person be so bitter?! Maybe she got deported once upon a time
don't mind her,I asked her to tell me when last she saw light last in her area,she knows d truth just want to be a pain in the ass

2 Likes

Re: The Adventures Of A New UK Migrant by Time2Smile(m): 1:53am On Nov 07, 2017
Wow, really nice thread and quite informative.

2 Likes

Re: The Adventures Of A New UK Migrant by Nobody: 7:24am On Nov 07, 2017
Marriott1980:


Please madam what access to credit are you talking about. As someone that worked in a bank in Nigeria before relocating, I can tell you you don't know what you are talking about. Can a tailor or a mechanic in Nigeria get access to credit? Banks in Nigeria don't just throw credit like its coffetti thrown at a wedding, only the big business people get access to credit in Nigeria. I don't know what you do for a living in Nigeria or maybe you have the information I don't have but on this case I beg to differ.

Microfinance for the poor, banks for others. There's no point countering my post when you don't live in Nigeria presently.
Re: The Adventures Of A New UK Migrant by Toppytek(m): 7:49am On Nov 07, 2017
E don do oooo. .. UKmigrant ... Ki lo n sele na?.. kini latest?

1 Like

Re: The Adventures Of A New UK Migrant by blank(f): 8:37am On Nov 07, 2017
Pidgin2:


Microfinance for the poor, banks for others. There's no point countering my post when you don't live in Nigeria presently.

Easy access to credit means that the credit should be affordable. What is affordable about 32% to 40% interest rate? That means for every money you borrow, one-third of the same amount will go as interest. That's what Microfinance banks are charging.

12 Likes

Re: The Adventures Of A New UK Migrant by YourFatherLap: 9:16am On Nov 07, 2017
justwise:


If you have started shopping in poundland then you manage your credit card well grin grin

If you want to know the difference visit Mark & Spencer grin
boss which country you dey??

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