₦airaland Forum

Trustgt:
Good evening house, can I get suggestion on stocks to buy now for future good returns.
I am not in haste for good returns, but looking at 2 or 3 years down the line.
Thanks.

Oluwapresley:
In the last one week, I've read two very strong posts condemning salary earners and encouraging entrepreneurs/investors. In this one week also, I've also seen the amount of praises given to such write ups.
I also want to praise entrepreneurship! Yes, but constructively!

Its funny how everyone nowadays gives numbers and statistics on how entrepreneurs make millions monthly but won't say everything that entails those numbers.
My mother used to say; "at the end of every year, people see you sell Christmas chickens and they help you count all the money you are making from afar based on every customer that comes... But that's all they would ever know.. What comes in from afar"

That's the kind of picture people paint with almost everything. They paint from a far!

Of course, this call for entrepreneurship/investors is a very good call; however, they are called investors/entrepreneurs for a reason! You can't give what you don't have.
Or should I say you can't invest what you don't have!
But these posts have Sooooo condemned salary earners and painted sooo ugly a picture about salary earners that no one wants to be a salary earner. Which is a good thing actually but the resultant effect is a negative drive! Yes, a negative drive! People see the numbers you come up with..... I saw a post about a "danfo driver" who makes 1 million naira monthly..lol but the danfo driver never came out to say he makes 1 million naira monthly; our so-called clamourers for independence calculated his income for him..

This creates a negative drive.. That even those who don't have anything to offer start to say I want to be an entrepreneur.
Oh, or you think investing entails only money?
Investment entails a lot of things, man! From money to time, to knowledge, experience, the right people, luck etc. You can't give what you don't have. You can't invest what you don't have, if not, the result effect is failure!

Starting up something on your own requires sincerity! Are you ready for this?
They calculate how much u can make if u were alone..
But I also know a lot of business owners that have lost sooo much and committed suicide!
I know of guys that wasted all their money and time pursuing something for the wrong reason.

Investopedia says there is a difference between business owners and entrepreneurs. Not every business owner is an entrepreneur. There are differences and 1 of the difference is "innovativeness''.

If I happened to go back to my 100L days, I probably would Ace all my papers. If I go back to my primary school days, I probably wouldn't go to school at all and I will sit for exams and take the first position!
Why do u think this is so?
Its called growth!!

There are some guys that would go back to their primary school days and wouldn't still be able to pass their exams..

And there were some other guys that aced everything right from the start..

We need to understand that we are different.. You can't all go at the same pace. Some people need to grow. Grow in knowledge, wisdom, skills, abilities before they can actually do something.. If not, you are only Gonna fail and end up aving a negative mindset about starting up.

We need to realise that salary earners in that sense are also starting up something.. Its not always only about the salary. There are other ingredients you get even as a salary earner to be able to start up something..


I think these posts should be clearer. Sometimes, you have to be a salary earner before you become the almighty investor..
It doesn't mean I've forgotten my dreams.

My mentality might be messed up.. But this is exactly how I feel..

frankwealth:
Interesting, but permit me to ask, is treasury bills that profitable, again considering how people don't have confidence in the present Nigerian government

I will share my own later...I want us to make the thread interactive so people can learn from here and know how to get started in life. Thanks for stopping by....

donparosky:
its the most profitable approach if I would say......
a 25 littres of oil fully filled contains 35-36 bottles of palm oil. now a bottle of oil is sold for #400-400 each. Now let's take the least :
400*35=14000.
you'd be making a profit of at least 4000 per keg of oil.
assuming 10kegs is sold a week, that's 40,000.
it's that simple and straight forward

ikbnice:
Can someone suggest a ready market for palmoil.where I can sell at cash-and-carry for a profit.
I reside in Ore, Ondo State and will love to do biz anywhere so far
it brings sure profit.

TUBLEZ:
what does he needs or wants?

donparosky:
I personally fink the price is fair enough for one to do biz.
don't wait for d least. it may rather go the other way round.

donparosky:
98-100 kegs and 100-120kegs for J5

ikbnice:
Ore, Ondo State

Seun:
We need a competent moderator who is not a troll. For some reason all the moderators have lost interest. Who is interested in moderating?

ikbnice:
Can someone suggest a ready market for Palm oil . where I can sell at cash-and-carry for a profit.

ola185:
Hello... Pls is d price still going to drop because I thought April is d glut period? Thanks!

donparosky:
chai
oga this questions no be here o, lol.... anyhow sha make I attempt them small small
oil is 8000-8500 in osun and ondo state presently. it's bout 8500-9k in benin

8 of 25 litres makes a blue drum of oil(200litres)

the wholesale price depends on location, Abuja, kaduna, and Lagos tops the list of good buyers
transportation is 500-1000 per keg to lagos from stated location. it's good to use a chattered vehicle (full load)

the selling price in Lagos is a function of grade, first grade is 10500, second grade is 9k to 10k
hope I've answered almost all, please lemme know if any of your questions is not attended to.
God bless our hustles

donparosky:
OK guys Here we go.... price updates it's 7500 to 8k in Akwa ibom kaduna 10500 Lagos 10000-11000 Kano is 10800 Zaria is 1050 ogun is 9800-10200 port Harcourt is 9500-10000 Enugu is 9500 illorin is 10000 kogi is 10800 and 11000 for igala oil that's the price updates feel free to add yours...... God bless our hustles

frankwealth:
Okay guys, I was browsing through the net and I came across this interesting question an unknown user asked and tagged me, and his original question goes like this: "Rich, millionaire and billionaire people: If you were broke, what would you do with $250 to become wealthy again?"...so I decided to answer his question with all honesty.

My answer was not only meant for him, but it is meant for everybody who wishes to succeed financially in life...believe me, from my personal experience in the field of making money, I think, I have the background to advice others on how to approach money making to become financially free, and that's why I don't neglect any question or questions like this.

In case you are still wondering what my answer to his question was, you can read it below in my next post.....


Please feel free to answer this question based on your own knowledge and let's make it fun and educating, it can help those still struggling to find their feat financially....let's make it interactive...share your own ideas here....


Cc: naijacutee, dominique, FOD, puskin lalasticlala

Day11:
Hmm

Thank you

I will start all the 20 businesses plus the jara.

I need 2milla. Which means I need 2milla to start a job

donparosky:
morning
it's 7500 to 8k in Akwa ibom
kaduna 10500
Lagos 10000-11000
Kano is 10800
Zaria is 1050
ogun is 9800-10200
port Harcourt is 9500-10000
Enugu is 9500
illorin is 10000
kogi is 10800 and 11000 for igala oil
that's the price updates this morning
God bless our hustles

emmanuelewumi:
From 24 hours, rates are poor but negotiable from 5%. It is better than having big money in your current or saving accounts earning nothing.

donparosky:
those intending to store/hoard should know that the best months are March and April. march is gone already. you only have this month for that.
God bless our hustles

oogalabs2:
My farm is close to the border and you will marvel at what the custom officials do in that neighborhood.
They basically work hand in hand with the smugglers. All of this in the open, nothing is hidden.
So if govt pass a law to ban imported oil, at least it will reduce those cheap and occasionally adulterated oil in the country.
And as i wrote above, it will encourage new local farms to spring up.
Young graduates can start a farm with little money and expect to make some decent livelihood.

emmanuelewumi:
First Bank and Stanbic IBTC are the best for Treasury Bills investment.

With just 100k you can do call deposit with First Bank.

oogalabs2:
That's very correct. Starting a palm oil farm is far more challenging and wont stand a chance of success without a ban on importation of palm oil.
Also take note of the fact that our borders are so porous that even when importation is banned, it will be less than 50% effective.

Cromagnon:
not if we refuse to enter farm protectionism never a good idea

Jethrolite:
Continue to where?

Jethrolite:
Treasury bills are no longer earning this much and I heard if your capital is large, banks give a really good interest on fixed deposit.

MIKOLOWISKA:
wen i no mumu why we go sell finite resource wen we fit exploit am fully for our benefit
we fit rent am out sha
why you no sell the hill(solid minerals)?
you no even wn make effort to think
just want to be given every
abi poultry no go work on solid foundation?
what of goatery while you buy fodder from lowlands
you go school na

MIKOLOWISKA:
village land nko why e no show for 60yrs abegi jus say you no wan die yet wan go heaven

phoenixlor:
Go to your village and ask, they will show you.

MIKOLOWISKA:
its just pride almost everyone has access to their village ancestral land see empty land on highway no be pesin get d land dem no fit beg d pesin to borrow dem abeg may den enter bush hammer