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Treasury Bills In Nigeria - Investment (1691) - Nairaland

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Re: Treasury Bills In Nigeria by DexterousOne(m): 9:42am On Dec 07, 2020
Lazyyouth4u:

You are actually giving me advice on passive income?? Hilarious grin. What do you know about passive investments??

When did you finish school? When did you start investing? And what is that stock that earned you your first dividend ‘years ago’? I’d really like to know.

Ps: Betting doesn’t count as investing o
As for you.. .
I dont even know where to start with you....

This comment has changed like chameleon over three times
You edited and edited it again
So.....
Here is what I have to say to you..

1) I am well qualified (both in education and work experience) to discuss that topic at hand where you erroneously said that there is no correlation whatsoever between passive income and unearned income
I have my undergrad degree in economics,
my post grad degree,
an associate member of the Institute of Chartered Accountants of Nigeria (by virtue of where I work, i qualify to be a fellow in three years from this day, fellow professionals here can decode where i work from the comment i just made )
And while i was still fancying the idea of canada, I wrote and swiftly passed the CIMA Certificate in Business accounting qualification, just for the fun of it
And by 2021 March, After I put APM to rest, I will be an ACCA member

I normally shouldn't be doing this, but I just had to spell it out; so you know that I am not a charlatan who just comes here to talk just because he likes to talk lipsrsealed

If I criticise the CBN governor
I have the locus standi to, because he is not more qualified than I am
He is only older than me, and have more years of experience under his belt
Take that away from him
And we are both even
Thankfully some of the frantic moves he has made over the past week makes some sense.
I hope he continues on that trajectory

2) As for my investment journey.
While I have been in this journey for a couple of years now, never did I claim that I was an "experienced investor " like you alleged
Yes I am not a newbie
Cos I've been in this for quite a while
But I'm yet to get to the level of Sir Emmanuel Ewumi yet
And to answer your question
The first stock I ever recieved dividend in, that made me so happy, was UBA cheesy
Hope I have answered your question

3) You spoke about betting
Well, I had a short stint in it, and have quit years ago, because it's very addictive
Fortunately for me, the net gains from my misadventures there is still sitting in my brokerage account today cos I used the Proceeds to buy some equities
It's time consuming and not worth it
So I wont advise anyone to go down that road
Not every one was fortunate to exit like I did without a financial blowout

4) Dont you think it is ridiculous to baselessly claim that I and Logo Benz and Transatlantic are the same person?

6 Likes

Re: Treasury Bills In Nigeria by DexterousOne(m): 9:48am On Dec 07, 2020
ositadiima1:


All 5 monikers are from the same person. The dude is quite intelligent, I give him that
As per the knowledge displayed, you should know that almost any subject has been discussed on this nairaland alone, talkless of scanning the breath of google. It is all here littered in thousands of threads, if you know how to search, you can effectively access what ever info u want with varying degrees of depth.

I am not saying anyone is less informed o.

Naa
I'm not the same as TransatlanticEX
We are two very different people grin
Re: Treasury Bills In Nigeria by DexterousOne(m): 9:52am On Dec 07, 2020
emmanuelewumi:



Bill Ackman is one of my mentors
Indeed sir
He makes investment look so simple
Even though there is still the risk element to it

Though I take his viewpoint on the ideal P/E ratio with a grain of salt though
It does not apply to all industries in my opinion
For me, even if the P/E ratio is very ballooned
If there is outstanding year on year revenue growth
I think I'll still give that company a chance
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 9:55am On Dec 07, 2020
DexterousOne:

Indeed sir
He makes investment look so simple
Even though there is still the risk element to it

Though I take his viewpoint on the ideal P/E ratio with a grain of salt though
It does not apply to all industries in my opinion
For me, even if the P/E ratio is very ballooned
If there is outstanding year on year revenue growth
I think I'll still give that company a chance


I look at PE, the way Peter Lynch does.

If the PE is 20 and the average earning growth in the last 3 years is 25%, I think the company is good compared to a company with a PE of 5 and an average earning growth of 4%
Re: Treasury Bills In Nigeria by DexterousOne(m): 9:56am On Dec 07, 2020
@ojesymsym
With the way things are going in Nigeria

Are you still sitting on the fence when it comes to "expatriating"?

1 Like

Re: Treasury Bills In Nigeria by DexterousOne(m): 9:57am On Dec 07, 2020
emmanuelewumi:



I look at PE, the way Peter Lynch does.

If the PE is 20 and the average earning growth in the last 3 years is 25%, I think the company is good compared to a company with a PE of 5 and an average earning growth of 4%

EXACTLY MY POINT
Revenue growth is what I really look out for
Plus being a market leader too

2 Likes

Re: Treasury Bills In Nigeria by emmanuelewumi(m): 10:01am On Dec 07, 2020
DexterousOne:


EXACTLY MY POINT
Revenue growth is what I really look out for
Plus being a market leader too


And ability to turn the revenue growth to profits growth

Companies do grow revenues but the earnings can be stagnant or reduces, if costs are not well managed

3 Likes

Re: Treasury Bills In Nigeria by ultron12345: 10:04am On Dec 07, 2020

1 Like

Re: Treasury Bills In Nigeria by ositadiima1: 10:20am On Dec 07, 2020
DexterousOne:


Naa
I'm not the same as TransatlanticEX
We are two very different people grin

grin
Not you my friend.
Re: Treasury Bills In Nigeria by ojesymsym: 10:23am On Dec 07, 2020
Completely lost here, can you refer me to where this is continuing from?

DexterousOne:
@ojesymsym
With the way things are going in Nigeria

Are you still sitting on the fence when it comes to "expatriating"?

1 Like

Re: Treasury Bills In Nigeria by Nobody: 10:32am On Dec 07, 2020
DexterousOne:

As for you.. .
I dont even know where to start with you....

This comment has changed like chameleon over three times
You edited and edited it again
So.....
Here is what I have to say to you..

1) I am well qualified (both in education and work experience) to discuss that topic at hand where you erroneously said that there is no correlation whatsoever between passive income and unearned income
I have my undergrad degree in economics,
my post grad degree,
an associate member of the Institute of Chartered Accountants of Nigeria (by virtue of where I work, i qualify to be a fellow in three years from this day, fellow professionals here can decode where i work from the comment i just made )
And while i was still fancying the idea of canada, I wrote and swiftly passed the CIMA Certificate in Business accounting qualification, just for the fun of it
And by 2021 March, After I put APM to rest, I will be an ACCA member

I normally shouldn't be doing this, but I just had to spell it out; so you know that I am not a charlatan who just comes here to talk just because he likes to talk lipsrsealed

If I criticise the CBN governor
I have the locus standi to, because he is not more qualified than I am
He is only older than me, and have more years of experience under his belt
Take that away from him
And we are both even
Thankfully some of the frantic moves he has made over the past week makes some sense.
I hope he continues on that trajectory

2) As for my investment journey.
While I have been in this journey for a couple of years now, never did I claim that I was an "experienced investor " like you alleged
Yes I am not a newbie
Cos I've been in this for quite a while
But I'm yet to get to the level of Sir Emmanuel Ewumi yet
And to answer your question
The first stock I ever recieved dividend in, that made me so happy, was UBA cheesy
Hope I have answered your question

3) You spoke about betting
Well, I had a short stint in it, and have quit years ago, because it's very addictive
Fortunately for me, the net gains from my misadventures there is still sitting in my brokerage account today cos I used the Proceeds to buy some equities
It's time consuming and not worth it
So I wont advise anyone to go down that road
Not every one was fortunate to exit like I did without a financial blowout

4) Dont you think it is ridiculous to baselessly claim that I and Logo Benz and Transatlantic are the same person?

This boy. You finish school in 2016, do NYSC 2017 to 2018 teaching in a village and since 2019 you have been spending all your time trying to leave Nigeria and making noise about Nigeria with various monikers when you are not betting with your pocket money. What real money do you have to invest? That 50 dollars wey your brother dey send you every month for upkeep? What finance and investment experience do you have when you have never held a real job? No wonder you hate Naija with a passion. Lack of job since you finish school don frustrate you.

Shut up boy and learn from people who are experienced and are battle tested. When men are talking, observe and learn. Don’t go and google quora and come and be telling people of your many years of finance and investing experience.

You really need to go and find a real job and gain some credibility and experience before you can form finance/investment guru or criticize a CBN governor that you will never ever be like. Oga Emma wannabe like you. Nonesense!

9 Likes

Re: Treasury Bills In Nigeria by ositadiima1: 10:41am On Dec 07, 2020
A lot of digging around here, not cool. Aunty Anjilgreat, what do you think?
Re: Treasury Bills In Nigeria by Nobody: 10:46am On Dec 07, 2020
ositadiima1:
A lot of digging around here, not cool. Aunty Anjilgreat, what do you think?
If you must lamba on NL, make sure your tracks are covered. If you shalaye today, it will bite you tomorrow. NL has a way of making people live fantasy lives they can only live in their dreams here. The more it works for them, the more they continue to lamba. Until they are exposed.

5 Likes

Re: Treasury Bills In Nigeria by Nobody: 10:50am On Dec 07, 2020
Nairaland is full of very fake people living lies to fill the vacuum in their empty lives. Take everything you hear from so called experts here with a pinch of salt. Most people here are frauds!

9 Likes

Re: Treasury Bills In Nigeria by anjilgreat(f): 10:51am On Dec 07, 2020
ositadiima1:
A lot of digging around here, not cool. Aunty Anjilgreat, what do you think?

Lol!,

But some people really have strength and time to argue and engage in unfruitful discussions on this forum.

Hope you are doing great today?

1 Like

Re: Treasury Bills In Nigeria by DexterousOne(m): 11:05am On Dec 07, 2020
Lazyyouth4u:

This boy. You finish school in 2016, do NYSC 2017 to 2018 teaching in a village and since 2019 you have been spending all your time trying to leave Nigeria and making noise about Nigeria with various monikers when you are not betting with your pocket money. What real money do you have to invest? That 50 dollars wey your brother dey send you every month for upkeep? What finance and investment experience do you have when you have never held a real job? No wonder you hate Naija with a passion. Lack of job since you finish school don frustrate you.

Shut up boy and learn from people who are experienced and are battle tested. When men are talking, observe and learn. Don’t go and google quora and come and be telling people of your many years of finance and investing experience.

You really need to go and find a real job and gain some credibility and experience before you can form finance/investment guru or criticize a CBN governor that you will never ever be like. Oga Emma wannabe like you. Nonesense!

Owww
This guy undecided

So you went digging into my old posts
Re: Treasury Bills In Nigeria by DexterousOne(m): 11:06am On Dec 07, 2020
Now that you have dug into my old posts......

Let me further clarify

1) I was cleared to serve in 2016
That does not mean that i finished uni in 2016
If you really want to know when i finished uni
Go back to those old posts and dig
If you really have the time for that
And you read properly
(That is if I even mentioned it)
You will know that 2016 is not my actual date of graduation

2) Saying I have no real job experience is also very ludicrous
What makes you think I have no job experience?

3) what does my year of graduation have to do with anything?
Because I graduated my B.Sc. less than 7 years ago, does not mean that I cannot have money to invest
And that does not mean that I was not investing even when I was in school



4) Never for one day have I claimed to be very rich
I have been investing in the stock market for a while
And by the grace of a God I have been able to grow it to a level I am proud of

And yes, I also benefitted from the high t bills rate from back then

5) What really is your problem?
What is your headache?
You really have issues you know?
Going back to my old posts to look for what to "incriminate " me
Or discredit me
Look
It's not that serious
We come here
We exchange ideas
And then we leave
I wonder why you take this space so serious?
Does your life revolve around it?

1 Like

Re: Treasury Bills In Nigeria by AngelicBeing: 11:09am On Dec 07, 2020
Lazyyouth4u:

This boy. You finish school in 2016, do NYSC 2017 to 2018 teaching in a village and since 2019 you have been spending all your time trying to leave Nigeria and making noise about Nigeria with various monikers when you are not betting with your pocket money. What real money do you have to invest? That 50 dollars wey your brother dey send you every month for upkeep? What finance and investment experience do you have when you have never held a real job? No wonder you hate Naija with a passion. Lack of job since you finish school don frustrate you.

Shut up boy and learn from people who are experienced and are battle tested. When men are talking, observe and learn. Don’t go and google quora and come and be telling people of your many years of finance and investing experience.

You really need to go and find a real job and gain some credibility and experience before you can form finance/investment guru or criticize a CBN governor that you will never ever be like. Oga Emma wannabe like you. Nonesense!
Hian shocked

2 Likes

Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 11:21am On Dec 07, 2020
Lol lazyyouth,and you say I and dexter are the same person.
You must be a psycho to think I will waste one whole year of my life doing NYSC grin grin
Weyrey rey ooo... angry angry
But I love the fact that you bring receipts sha and burst people with fake stories,kudos kid.

3 Likes

Re: Treasury Bills In Nigeria by DexterousOne(m): 11:24am On Dec 07, 2020
TransAtlanticEx:
Lol lazyyouth,and you say I and dexter are the same person.
You must be a psycho to think I will waste one whole year of my life doing NYSC grin grin
Weyrey rey ooo... angry angry
But I love the fact that you bring receipts sha and burst people with fake stories,kudos kid.
Lol
The guy is obviously jobless

Digging through old posts
To achieve what end?

If I talk more about how i "fixed " my NYSC situation
And how I got my first job
It may incriminate me a little bit

Telling my life story here really is pointless
But this lazy youth guy undecided
Re: Treasury Bills In Nigeria by DexterousOne(m): 11:27am On Dec 07, 2020
DexterousOne:

As for you.. .
I dont even know where to start with you....

This comment has changed like chameleon over three times
You edited and edited it again
So.....
Here is what I have to say to you..

1) I am well qualified (both in education and work experience) to discuss that topic at hand where you erroneously said that there is no correlation whatsoever between passive income and unearned income
I have my undergrad degree in economics,
my post grad degree,
an associate member of the Institute of Chartered Accountants of Nigeria (by virtue of where I work, i qualify to be a fellow in three years from this day, fellow professionals here can decode where i work from the comment i just made )
And while i was still fancying the idea of canada, I wrote and swiftly passed the CIMA Certificate in Business accounting qualification, just for the fun of it
And by 2021 March, After I put APM to rest, I will be an ACCA member

I normally shouldn't be doing this, but I just had to spell it out; so you know that I am not a charlatan who just comes here to talk just because he likes to talk lipsrsealed

If I criticise the CBN governor
I have the locus standi to, because he is not more qualified than I am
He is only older than me, and have more years of experience under his belt
Take that away from him
And we are both even
Thankfully some of the frantic moves he has made over the past week makes some sense.
I hope he continues on that trajectory

2) As for my investment journey.
While I have been in this journey for a couple of years now, never did I claim that I was an "experienced investor " like you alleged
Yes I am not a newbie
Cos I've been in this for quite a while
But I'm yet to get to the level of Sir Emmanuel Ewumi yet
And to answer your question
The first stock I ever recieved dividend in, that made me so happy, was UBA cheesy
Hope I have answered your question

3) You spoke about betting
Well, I had a short stint in it, and have quit years ago, because it's very addictive
Fortunately for me, the net gains from my misadventures there is still sitting in my brokerage account today cos I used the Proceeds to buy some equities
It's time consuming and not worth it
So I wont advise anyone to go down that road
Not every one was fortunate to exit like I did without a financial blowout

4) Dont you think it is ridiculous to baselessly claim that I and Logo Benz and Transatlantic are the same person?


The next thing you will probably say

Is that I went to oluwole to go get all these certificates I listed up there cheesy
Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 11:30am On Dec 07, 2020
DexterousOne:

Lol
The guy is obviously jobless

Digging through old posts
To achieve what end?

If I talk more about how i "fixed " my NYSC situation
And how I got my first job
It may incriminate me a little bit

Telling my life story here really is pointless
But this lazy youth guy undecided
Well,he is pretty ignorant because for the fact that a person finished school 2016 or so don't mean that the person haven't been productive even way before then.
I started my trading business in 200l,got my first car though a gift from ma at same 200l,I think I made my first million way before then,by 300l I was already a trade expert,so much so that I had to quit school for full time trade(and I mean serious,voluminous trade worth a lot by my standards)
Got my very first mercedes after I quit at 300l and things took a whole new turn from there,and I was a very young man,way under 25.
So there's no real proof in what he just pointed out as a lot of students are already working while studying.
If you enter cemetery market for Aba,many of my friends that are doing well were also students at the time.
Aba market by day,umudike by night sorting lecturers up and down.
I didn't finish because I really didn't care about any damn degree as i thought i was good already,so to help with their trash.
If it was now i would have gotten it.

1 Like

Re: Treasury Bills In Nigeria by ositadiima1: 11:31am On Dec 07, 2020
anjilgreat:


Lol!,

But some people really have strength and time to argue and engage in unfruitful discussions on this forum.

Hope you are doing great today?

Yes I am, and you?

1 Like

Re: Treasury Bills In Nigeria by DexterousOne(m): 11:32am On Dec 07, 2020
TransAtlanticEx:
Well,he is pretty ignorant because for the fact that a person finished school 2016 or so don't mean that the person haven't been productive even way before then.
I started my trading business in 200l,got my first car though a gift from ma at same 200l,I think I made my first million way before then,by 300l I was already a trade expert,so much so that I had to quit school for full time trade(and I mean serious,voluminous trade worth a lot by my standards)
So there's no real proof in what he just pointed out as a lot of students are already working while studying.
If you enter cemetery market for Aba,many of my friends that are doing well were also students at the time.
Aba market by day,umudike by night sorting lecturers up and down.
I didn't finish because I really didn't care about any damn degree as i thought i was good already,so to help with their trash.
If it was now i would have gotten it.

2016 was the year I was cleared to serve
In fact
When I went back to do my clearance
So that I can go to serve
It felt a bit strange
Because CITS had changed a couple of things
Re: Treasury Bills In Nigeria by Nobody: 11:33am On Dec 07, 2020
DexterousOne:
Now that you have dug into my old posts......

Let me further clarify

1) I was cleared to serve in 2016
That does not mean that i finished uni in 2016
If you really want to know when i finished uni
Go back to those old posts and dig
If you really have the time for that
And you read properly
(That is if I even mentioned it)
You will know that 2016 is not my actual date of graduation

2) Saying I have no real job experience is also very ludicrous
What makes you think I have no job experience?

3) what does my year of graduation have to do with anything?
Because I graduated my B.Sc. less than 7 years ago, does not mean that I cannot have money to invest
And that does not mean that I was not investing even when I was in school



4) Never for one day have I claimed to be very rich
I have been investing in the stock market for a while
And by the grace of a God I have been able to grow it to a level I am proud of

And yes, I also benefitted from the high t bills rate from back then

5) What really is your problem?
What is your headache?
You really have issues you know?
Going back to my old posts to look for what to "incriminate " me
Or discredit me
Look
It's not that serious
We come here
We exchange ideas
And then we leave
I wonder why you take this space so serious?
Does your life revolve around it?
Re: Treasury Bills In Nigeria by hustla(m): 11:34am On Dec 07, 2020
DexterousOne:

As for you.. .
I dont even know where to start with you....

This comment has changed like chameleon over three times
You edited and edited it again
So.....
Here is what I have to say to you..




Thankfully some of the frantic moves he has made over the past week makes some sense.
I hope he continues on that trajectory

4) Dont you think it is ridiculous to baselessly claim that I and Logo Benz and Transatlantic are the same person?




Always Resist the Urge to Shalaye

grin wink

7 Likes

Re: Treasury Bills In Nigeria by Nobody: 11:34am On Dec 07, 2020
DexterousOne:


2016 was the year I was cleared to serve
In fact
When I went back to do my clearance
So that I can go to serve
It felt a bit strange
Because CITS had changed a couple of things

5 Likes

Re: Treasury Bills In Nigeria by anjilgreat(f): 11:35am On Dec 07, 2020
ositadiima1:


Yes I am, and you?

Very well, thanks.
Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 11:37am On Dec 07, 2020
ositadiima1:


Yes I am, and you?
Oboy e be like say you want bunk this banny... grin
Correct guy.
But how una dey take chyke banny weh una never see dey always surprise me,what if na old woman or married woman sef or ugly? undecided
The thing dey always hard me to understand.
But me sef go like lash that missjekyll girl sha,I hear say she tall well well grin

1 Like

Re: Treasury Bills In Nigeria by DexterousOne(m): 11:38am On Dec 07, 2020
[quote author=Lazyyouth4u post=96818634][/quote]

Do you know what it means not to have 12 months experience at a stretch for Canada express entry?
That means that you must have been with that company for 12 months back to back

Unfortunately for me

As at then
I hadn't worked for a single company for 12 months back to back , meaning that I can't use them to claim points for Express entry
And that disqualified me
Unless I used my NYSC

Dont you know people change jobs?

Jeez this small minded man
The post is April 2019
A year and nine months ago
undecided
Common sense did not tell you that a lot "could " have changed when it comes to my career?

If you dont know how Express entry works
Why dont you ask ?
Dont worry
Keep digging through my old posts lol
Who is the jobless one
Re: Treasury Bills In Nigeria by DexterousOne(m): 12:00pm On Dec 07, 2020
hustla:




Always Resist the Urge to Shalaye

grin wink

The ridiculous post he made, broke my resistance lol

Then I began to shalaye

September 2019, because as at then I was yet to even complete the Post graduate degree I had in the pipelines
Decided to try that CIMA UK qualification (the CIMA certificate in business accounting)

Being an ACA
I saw it as the quickest path to gaining extra points then

I registered and wrote the four papers ( that exercise set me back by £480 thereabouts within that month alone, thankfully I was able to pass all at one sitting , because to repay £70 again would have stung me a lil bit)

Now I have the certificate
But I am less keen on going to canada
I'm looking to elsewhere

Will an unemployed low lifer who is faking about his investment be able to shell out that kind of money at one go, and at very short notice?
.
All these detective work and digging through my old posts
Because I made a distinction between earned and unearned income lol
This guy is just an interesting fellow
Re: Treasury Bills In Nigeria by DexterousOne(m): 12:25pm On Dec 07, 2020
Anyways I think I'll just stop here

Before I reveal too much about myself
It's not necessary
To close this subject matter....

1) Never have I claimed to be an expert
I only come here to share my thoughts on certain subject matters
That's about it

2) Never have I claimed to be a multi billionaire investor
Yea, my portfolio is VERY DECENT for a man my age (less than 35)
But then
There is still room to do better

3) That claim that I dig across the internet to copy and paste here is also another ludicrous allegation
What gain does one have in doing that?
Btw, since most of the discussions here over lap with my field(s)
Why do I have to "Google"

4) My stance has always been the same....
I'd love to move out of Nigeria one day
Nothing wrong with that
And wanting to move out does not make me a riff raff

5) Betting was a phase of my life I would not go back to.....
Even though I am lucky that it did not destroy me financially
I wont recommend that for anybody

6) Yes, I may be less than 10 years into this, but that does not take anything away from me.
We learn and get better everyday

7) Never did I claim that I am as knowledgeable as Sir Emmanuelewumi
Or did I say I want to be like him
That's your allegation and its false and baseless
I admire him and have a lot of respect for him
And I wish to be like him, or even better, when I grow up

One does not need to be 20 to 30 years in the business in order to give financial advice, or investment strategies
Your first two years may be a rocky start
After that, in my opinion, is cruise control
There are young forex traders who are less than 3 years in the business
But have done amazing things

10 Likes

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