₦airaland Forum

Agbegbaorogboye:
It's not about being capital intensive or not. Most companies you mentioned started with small capital to where they are today. For example, Microsoft was only worth about $16000 in 1976. It's about raising capital and companies always look for ways to raise money. Simple.

As you said and I agree, a company can hardly make 20% profit consistently per month for 7 years but even if a company can, it does not imply that it will not need external funding or other sources of capital. That's what i'm explaining to you. Capitalizing has to do with a company's financial needs not revenue projection.

The point remains that anybody that can make 20% monthly profit can easily become wealthy on a small capital and thus, does not need much capital to make huge money. So, why come for your money?

collins07:
Thank you.i keep telling people that no genuine investment can pay such amount of ROI monthly even banks doesn't pay such.
Every intelligent people knows how business works.genuine investment can't yield more than 5% to 10% monthly without story that touches.
I'm into cryptocurrency and I trade with people but,I make sure I don't collect their money to invest for them cuz is a volatile market.
All I do is to teach them how to place a trade and sell,I'm d one that read chat and do all d technical part of it while they contr their wallet themselves.
I'd tell them when to buy and when to sell them we share d profit base on percentage,by so doing I usually have sound sleep with free mind.
I still wonder why people still give their money to someone else in d name of investment............any business u don't have direct control of ur funds is dangerous.

In essence, you sell signal but on a profit-sharing basis.

What's your win rate, reward/risk ratio, and profit factor?

Agbegbaorogboye:
You people have come. Where will you get loan of 2% per month Oga? Loan is 19% interest presently and it just climbed down from 22% few months back. Take it easy. And that's minus the other charges on it which if you add, you're looking at 26% overall.

I asked you a simple question. Since Dangote has run into trouble with the refinery now, shall we say those who lent him money including banks, CBN and NNPC are all dumb? Shall we also agree that Dangote is not an intelligent investor?
I don't know if you've ever heard of crowdfunding or venture capitalist or hedge funds. That's besides the fact that most of those people that dupe people always have an interpersonal link with them either through a friend or acquaintance, or through some other channels sometimes official self.
Even their friends and neighbours and in-laws and church members are not usually exempt from such fraud. Don't think they are looking for strangers as you call it. Go back to read the op and you'll see.

You like muddling things up. The fellow you quoted was writing about monthly interest on loans, which is very possible @2% per month — about 24-26% per annum (if compounded). But you're using per annum interest rate of 22% to compare 2% monthly rate.

That your 19-22% rate is per annum. The 2% rate the guy mentioned is monthly rate.

If you have a strategy that makes 20% monthly, you can borrow and easily pay off 2% monthly interest rate and pocket 18% in profit. That's what the fellow is saying!

Agbegbaorogboye:
I agree with your premise. No business can make consistent 20% profit for 7 years.
But to ask what someone needs money to invest in a business for is very wrong. Even big businesses approach stock markets to gather money from investors. So maybe we should ask cocacola or GTBank what they need their shareholders' money for and why they keep launching IPOs.
Even Tesla which is the world's most valuable stock is still selling out his shares even as his share value has more than doubled in the space of six months.

If I have a system that can make me a dollar billionaire in 7 years with a 250 USD capital, I won't bother anyone for capital because I have that capital in multiple folds So, why go through the headache of handling people's money?

@The firms you mentioned, it seems you don't have a good grasp of the stock market, but I won't go into that primary and secondary market stuff. Investors trading their shares in those companies every day is different from the companies issuing new equities to raise funds.

But the key thing is that when a company wants to issue equities or even borrow money, they huge need capital to pursue their projects. In the case of forex, I said a 250 USD capital is enough to become a billionaire in 7 years if I have a system that makes 20% profit monthly. So, this project is not capital intensive, unlike those of the companies you mentioned.
Secondly, the forex business is outrageously profitable that any small capital can compound to a huge amount in a few years, unlike the profitability of those forms you mentioned which might be less than 20% per annum, so it doesn't necessarily need a huge capital to start.


BTW, Tesla is not the most valuable company; Apple is!

Golan007:
Nobody is making mad money from forex.
I repeat nobody is making such profit - 20% bla bla bla.
If such a person existed, he wouldn't need your funds.
Common sense should tell you this but No, you would continue to argue.

Yeah, such a person doesn't exist.
The truth is that the majority of Nigerians lack common sense.

Agbegbaorogboye:
How is it rubbish?

Is forex a scam? No!!
Are people making mad profit off forex? Yes!!
Should you invest in forex if you have good knowledge of the market? Yes!!
Should you trust a Nigerian with your money? No!!

The fact is investing in forex is not a scam. Hedge funds and investment bankers do it too. It's only that Nigerians turn everything to scam when they get involved!!

If you had the money and you were standing before that guy, chances are that he'll convince you to drop your money and you might if you have it.

Nobody makes consistent 20% profit in Forex.

Anyone with such a strategy won't need your money at all.

Assuming continuous compounding without withdrawals, @20% monthly profit, the fellow can be a USD billionaire in 7 years with only a 500 USD capital.

500x(1+0.2)^(7x12)

Even with a 250 USD, he would be a dollar billionaire in 7 years.

In 10 years, he would be a dollar trilionaire with only a 500 USD capital.



What would such a person need your money for?

post=107583181:
A great honest Nigerian, he should be applauded.
Greed and Dishonesty, the two main problems of an average Nigerian.

I [i]run a manufacturing business and a trading business.
The biggest challenge in my manufacturing business is not power, or infrastructure, the biggest challenge is getting honest staff. Everyone we hire appears to be on a mission to steal as much as possible. Inflated invoices, recording less than the actual number of units produced. The worst part of it all is that all the fraud we've uncovered is not done by a single person, it's usually many staff who collude with each other, from production, to sales, to finance, even top management. There was a year I overhauled management 3 times in a year.........
But me, I've found a solution sha, I now use Indian management. So competent, so honest and so straightforward. I thought they were expensive at first with all the visa fees, accommodation, house staff, but now that losses due to staff theft have been reduced to a minimum, and efficiency increased, the Indian management has turned out to be cheaper than the previous Nigerian management. Now, all sensitive positions involving money go to Indians. Nigerians are only allowed in non-sensitive positions. I used to criticize companies like Dangote Group that hire so many Indians when there are many unemployed Nigerians, but now, I understand their decision.

My biggest challenge in the trading business is the same, getting honest staff. The form of trading occurs in the open market, and involves staff having access to huge sums of money running into a few millions. I know how much I pay to security companies to provide escorts for the staff, not to prevent robbery, but to ensure that the staff go straight to the bank to deposit the money after the day's sales and not disappear with my money. This money spent on security companies is even enough to be declared as profit. We have to spend on CCTV, biometric scanners and other things that wouldn't be needed if staff weren't looking for the slightest opportunity to steal.

It got so bad at a point that my main criteria for employing staff was no longer competency but honesty. At least, competency and skills can be learnt, but once you're dishonest, you're dishonest.

We always complain of the economy and how there are no jobs. I know people abroad who would have loved to set up job creating businesses in Nigeria but they can't because they can't get any trustworthy person to run it.

I know people in Nigeria with so much money, they want to start factories and other job-creating businesses but they can't because they are occupied elsewhere and can't get any trustworthy person to run the business. So instead of investing in the real sector and creating jobs, they'll just buy treasury bills, while the thieves are shouting no jobs.

Many big businesses would have been born in Nigeria if we could engage in partnerships, but we cant because you can't trust anyone. This is one advantage the Indians and Lebanese have over us in Nigeria. They can pull resources together and do mega-business, unlike Nigerians that because only one person must do everything since we can't partner, end up with small, tiny businesses.

Start a poultry and they will be stealing your eggs. Some will even go ahead to be killing the chickens so that they'll be allowed to take them home.

Start an entertainment/viewing/game center and they'll be pocketing your money. On the days you're around at the business, the money realized will be x10 of the money realized when you're not around..... Because they're eating your money.

Lease out a vehicle to a driver to use and watch as he'll finish you.

Start a restaurant, the same thing will happen. More than half of the total food ingredients will end up in their personal kitchens.

Even ordinary provisions shop, they will find a way to steal.

You'll see them with that their evil, wicked saying "na where person dey work, na there e dey chop, na e make dem dey callam workchop/workshop"...... Just imagine, justifying theft at work.

And you'll see these people point their crooked fingers at politicians when they're not any different. I usually say the reason most Nigerians haven't stolen billions of government money, is simply lack of opportunity.

*On every level, Nigerians are the problem of Nigeria*.

This is the sad truth about Nigerians. Try to build, you will spend double of the actual cost. And they call it hustling.

Ruby458:
My last relationship was with an extrovert. When we broke up, I made up my mind that I would never date or marry an extrovert again.

It has become a prayer point for me now sef. I would date and marry my fellow introvert. We will understand ourselves

I think so too. I no longer believe that intro/extro can work, especially if both are strong-willed.

geechy:
Pointedly squaredly nailed....
Introvert be like the proverbial sheep that is dragged to the stream but cant be forced to drink. Them go dey follow you and you dey misbehave wen them go strike e go shock u..

I swear down. You know how it goes down. Just 2 weeks ago, one chick thought she's found a maga. I ended it before it could even start, and she couldn't believe it. She couldn't see the red card coming that fast from her newly found gentle friend.

pansophist:
A mixture of both, because I'm a mixture of both. And if you think introverts are introverted, then you actually don't know anything about introverts. Introverts usually are well extroverted to folks they are comfortable with, I mean you'll think they are parrots.

I'm like that. I have really small true friends, not up to five, but if I'm with them, you'll think I'm an extrovert. But if you don't know me, or I do not feel comfortable with you, you'll think I'm even deaf and dumb. I'll be looking like a zombie, but of course, calculating what you're up to.

You just defined me.


To the very few who know him, he's incredibly smart. To many others, he's a quiet zombie.

Kobojunkiee:
ROFLMAO

Why are you laughing?

jornwhite:
speaking of advise, i think number one problem here is; see finish, your babe don know say asides her you don't av options, women don't get tired of men that have options the more she notice other ladies are lusting over you the more she tries to lock you down, even if it means emptying ur balls
another things is their is probability she might be denying you sex so as to make you sit up & put a ring on her finger, however if thats not the cases then she probably find a beta source for sex outside, that would make her resent ur touch,kiss or whatever you guys normally do. bro up your game, jamb questions don't solve issues with most women

In other words, women want their men to cheat!

crackhaus:
Always ensure you have another woman somewhere — one with whom you've developed a good friendship with over a period of time, and with whom you can have sex with without any commitments.

Unless you're not that kind of guy who has a lot of female friends, having one among them who can have casual sex with you should not be so difficult.

The point here is, don't go and rape/kill someone's daughter just because she didn't give you sex, I take God beg you.
Get it elsewhere if you can't hold yourself.

Enough is a word for the wise...

That's cheating.

thinkmoney:
Baseless sentiments. Those are facts. Try refute any of them

Get on my DM if you are willing to learn. The fellow is yarning nonsense. Do your own research like Scott Hahn did.

Richieniit:
This question is absolutely irrelevant but still I will answer it anyway.. that's what the so called christians like you do a lot "twist the scripture" for your own benefit. You're not gonna ask me where in the bible God it is written how we should pray or never to represent God with any image but you'd rather ask me a twisted question for your so called religious reasons... Don't worry, end time you won't escape the bitter truth you chose to neglect.

Now back to your question people pray for me and I pray for people.

Here is my question, is mary praying for you right now ? How sure are you that she's praying for you or is there anywhere it is written in the holy bible that mary is interceding for you I asked these questions because you asked me if people pray for me and the answer is yes, I also pray for them too... So where is your stand ?

You make me laugh out loud. All these epistle to avoid answering a simple question. Can't you see how insincere you are?

Now, if you ask your pastor to pray for you, why do you think it's wrong for people to ask Mary to pray for them?

Oh, you will say, but Mary is dead, how can the dead pray for the living? Well, Jesus made us to understand that those who died in righteousness live with the Lord forever (Ref: Mark 12:26-27 & Luke 20:37-38). If you can ask your sinful and greedy pastors to pray for you and expect God to answer those prayers, what stops others from asking someone who's already in heaven from praying for them?

@your rather funny question, if you ask Mary to pray for you, she will. How do you know she does? Well, the same way you know every other thing about religion — faith.

@ you people's ignorant questions: Is it biblical and this and that? Wetin concern Mary, and why should she ask on your behalf? Well, she's your mother, whether you like it or not and whether you believe it or not — rejecting it is disobeying Jesus' command in John 19:26. Unsurprisingly, Mary had always exhibited that motherly instincts (refJohn 2:3-9). Now, let me ask you, do you call Mary Blessed? I doubt you do — Again disobeying the Bible (Luke 1:48) you lots often make noise about.


The problem with you Pentecostals is emptiness, noisiness, lack of understanding, and emotionalism. That's why you shout on top of your voices when praying, as if God is deaf (Mtt 6:7). But all those charade isn't really about God hearing you not is it a manifestation of faith; you are simply seeking the feel-good effects from endorphins and serotonin that come from shouting and jumping. You can feel good from endorphins and still haven't prayed.

About making heaven, don't worry, on the D day, you shall find out.

[quote author=thinkmoney post=107413669][/quote]If your knowledge of the Bible and Christianity is not better than that of the website you posted, you haven't started.

Richieniit:
Never! I knew and pray to God directly and I can never pray in the name of my pastor. Jesus Christ already taught us how to pray... Any other thing aside what has been asked of us is diabolic

I never asked if you pray in the name of your pastor.

My question is specific: have you ever asked your pastor or brethren (including family and friends) to pray for you?

If you lie, your so-called faith is a joke.

Odidigboigbo:
When I told one mumu that was quoting me, that APC spending billions of Naira to recruit some expired politicians to their fold will not change the voting pattern, he was ranting like a fowl on heat. They did the same thing in Akwa-Ibom, Edo, now in Anambra, it failed them. In SS and SE, no baba Sope, power belongs to the people. Even if you recruit a seating governor, it won't change anything, we don't asslick. By 2023 we will send that ungrateful fellow in Ebonyi to where he belongs

Abeg leave Umahi alone oh! He's our man!

Focus on Imo State and their condemned prodigal son.

Richieniit:
Bruh stories... You'll be shock the more research you make about them the more scary it get. Every catholic home have shrine they worship all in the name it represents God.. same God that has warned you ppl never to use any image to represent Him. Why on earth do you need holy Mary to intercede on your prayers and her name mentioned at every prayers you guys make

Them don brain wash una finish. That cross you guys carry about is totally ungodly.

Well who are my to judge But pls don't quote me again if you can't diff btw the truth and your truth.

Hmmm, interesting.

Asking Mary to pray for you?

Just thinking; have you asked your pastor or brethren to pray for you before?

I will even prefer to marry a Muslim or an atheist. Who christianity epp?

KoladeChris24:
I have this girl who is the only one I love, but she said she can never attend catholic church.

I told her it's not an issue - that as my wife, she's free to attend any church she likes, but she insisted our family would have to attend the same church.

She won't marry me if i stick to my Catholic faith. Please advise me, she's the only one I love, and I can't start over anymore.

Well, if you're a pussy, you do what she wants. But if you are the man, you lead.

descarado:
Anambra people know why they hate that family with passion.
Had apc produced another candidate, hmm.

During the time of ngige, Chris motor that is always speeding from uga to awka killed one elderly woman in my lace due to his recklessness and he and his convoy didn't stop.
When people went to him, he locked them up.
That Chris was a terror.
Once his convoy is passing, all vehicle will run for cover. He was the law.

Kidnapping a sitting governor no be small thing. The Uga family can do anything!

Anybody but the man from that Uga family.

PDP and APC made things a lot easier for APGA and Soludo.

Imagine Maduka as PDP flagbearer and Okwuosa, Moughalu, or Nwankwo for APC, the election would have been a battle — Just like in 2010 with Obi, Ngige, and Soludo.

Babysho:
Nigerians
It shows that a lot of Nigerian men are not living their lives to the fullest and it's when you get really old that you realize that your life doesn't have anything of substance.

Will Smith probably has everything he ever wanted but nothing can beat having someone you love and have history with. She's his wife and probably also his best friend.

Nothing can really fill this void. No woman. No beach. It's all meaningless. What he can do is just process that she's not what he thought her out to be and move on. It's normal to feel down. He's not a simp, he's just human.

I have come to realize that everyone has a reason for doing whatever they do; even "simps" have reasons for disrespecting themselves, as you have stated.

A real man knows he's here alone and tagging along with any woman doesn't make him lose that fundamental truth.

The difference between real men and the so-called simps is that simps think that their happiness is dependent on another person — which is why they are always too attached. Real men are the architect of their own happiness and simply tag along with whoever they fancy without losing their sense of self worth.

Will Smith is not being human, he's losing it!

Finally got the attention he's seeking! Praise the Lord!

9inches:
The people you listen to do not know what a miracle is.

Tell us what it is and sho proof.

LordReed:
My question is how do people who claim that Jesus is coming soon go about opening offshore businesses? How does that play into the theology? Is Jesus coming to take possession of offshore businesses? Isn't it indicative of a lack of belief in this Jesus is coming soon theology?

No, no, baba is not one of those Jesus is coming soon preachers. Baba is is a realist, which is why I like him. His central theme is Making Heaven on Earth. He doesn't lie about it as you can see already!

koyyes:
It's a major turn off. And by looking at your moniker,she must have figured you want to get married because you are sex starved.

I pray she breaks up with you so you can re-evaluate your priorities and find what to do with yourself. You are not ready.

Sometimes, I read these words but don't get the meaning behind it: what does sex-starved mean?

prizeless:
Are you so sure or you're making assumptions and postulating theories

Go to Igbobi and tell me.

Then go to the praying centers and tell me what you see.

A friend carried his mother who has stroke to all those centers and either got turned back or nothing happened after the abracadabra.

Can someone help me understand this thing I have observed about Christians and the Christian God:

Why is it that it's the healthy who apparently have no need for miracles that give testimonies of miracles, while those who are actually sick and in real need of the miracles don't get them?

Those amputees in Igbobi are desperately yearning and praying for miracles but don't get them.

Is that how the Christian God operate? Abandon those in need and have the apparently healthy manufacture miraculous stories!

fvck:
So I met this lady and within a month I decided to tell her I'm going to see her Dad,and wants to settle with her, I said I was tired of the delays and search, she was all loving and nice, till one faithful afternoon she called to say she isn't in, cos she doesn't feel same way.

Me I jejely calm down and felt maybe she's playing a game not to look too cheap.

She even suggested we become friends...

Did I bring up the marriage matter too fast?

Women and confusion eeh. I could remember that year during nysc it's Ozy baby begging me to come and see her dad in less than a month of meeting her. I was trying to calm her down that's it's too early for that, na serious quarrel enter oh.

It's later I realized that she's already engaged to someone whom the father liked, but according to her, she never liked the guy. Last, last, I japa; I hate civil war!

I wouldn't blame her though. She saw a good looking young doctor she felt could change her father's mind.

wallrichy:
I want to marry, marry me please, I am bouyant enough to marry, let's marry cos I love you....all those words are bullshits that comes from the mouth of most stupid and naive men.

Most men are not mentally ready to marry despite the fact that you are wealthy and comfortable. Most needs to go back to school of personal training to learn about women..

The fact is that No matter how high a man climbed in the success of live, he can be brought down faster than lightening by getting marry to a wrong woman.

Op, am so sorry that you ain't man enough to be called a Man. You married a total stranger and I really sympathise with you.

You are lucky anyway, it's just a kid coming in the way and not yet trapped in the dungeon of a rotten woman.

I can tolerate a stubborn woman but not a deceptive woman that is so good in telling lies even more than Liar Muhammed. She professionally and determinedly covered her past from you. She is a good actress cos it's so unbelievable that you never even saw a sign.....a small sign that she's given birth to 3 kids. No funny phone calls, no unusual visitation to her family or friends, no Single signs on her body that shows she's suckled 3 kids ? For 8 Months!


Advise, Op, please run like a mad man from that woman without thinking twice cos she never thought twice before embarking on destroying your pitiable live. Get a lawyer and file for divorce straight away, you have enough facts to get justice from the judge and your property wouldn't be shared. She's a gold digger while you are a big Mumu....sorry to abuse you OP, but you are very stupid ...... Ii wish you well .....and wish I could talk sense to you physically.....

A deceptive woman is worse than the devil himself.