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Investment / Re: Interesting Analogy About MMM I Stumbled Upon. A Good Read by ThePropertyGuy: 5:45pm On Nov 24, 2016 |
@rottennaija My point is that it is an interesting analogy I stumbled upon 1 Like |
Properties / Re: . by ThePropertyGuy: 2:46pm On Nov 24, 2016 |
When you miss this offer because you didn't subscribe you'll feel sad When you feel sad you throw things When you throw things people get hit in the eye When people get hit in the eye they accidently run their cars into rice farms When people accidently their cars into rice farms rice becomes expensive Don't make rice become expensive, subscribe today!!!!! |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by ThePropertyGuy: 2:39pm On Nov 24, 2016 |
jarkbauer: Stumbled upon this interesting analogy about MMM. I thought is was apt, Enjoy. ```The Monkey Money Madness! (MMM) Once upon a time in a village, a man appeared and announced that he would buy monkeys for N100 each. The villagers seeing that there were so many monkeys around, went out to the forest and started catching them. The man bought thousands at N100 and as supply started to diminish, the villagers stopped their efforts. He further announced that he would now buy at N200. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished and people started going back to their farms. The offer rate increased to N250 but the supply of monkeys became so little that it took much effort to even see a monkey, let alone catch one. The man now announced that he would buy monkeys at N500! However, since he had to go to the city on some business, his assistant would now buy on his behalf. In the absence of the man, his assistant told the villagers: ''Look at all these monkeys in the big cage that my OGA has bought from you, I will sell them to you at N350 and when my OGA returns from the city, you can sell it to him at N500''. The villagers squeezed out all their HARD EARNED savings and bought all the monkeys. The most greedy ones among them even sold their lands to purchase many MONKEYS, hoping to make a huge profit without labor. Then... They never saw the man or his assistant. Only monkeys everywhere! Welcome to #MMM.The world of Monkeys!``` 4 Likes 1 Share |
Investment / Interesting Analogy About MMM I Stumbled Upon. A Good Read by ThePropertyGuy: 2:31pm On Nov 24, 2016 |
```The Monkey Money Madness! (MMM) Once upon a time in a village, a man appeared and announced that he would buy monkeys for N100 each. The villagers seeing that there were so many monkeys around, went out to the forest and started catching them. The man bought thousands at N100 and as supply started to diminish, the villagers stopped their efforts. He further announced that he would now buy at N200. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished and people started going back to their farms. The offer rate increased to N250 but the supply of monkeys became so little that it took much effort to even see a monkey, let alone catch one. The man now announced that he would buy monkeys at N500! However, since he had to go to the city on some business, his assistant would now buy on his behalf. In the absence of the man, his assistant told the villagers: ''Look at all these monkeys in the big cage that my OGA has bought from you, I will sell them to you at N350 and when my OGA returns from the city, you can sell it to him at N500''. The villagers squeezed out all their HARD EARNED savings and bought all the monkeys. The most greedy ones among them even sold their lands to purchase many MONKEYS, hoping to make a huge profit without labor. Then... They never saw the man or his assistant. Only monkeys everywhere! Welcome to #MMM.The world of Monkeys!``` 1 Like 2 Shares |
Properties / Re: . by ThePropertyGuy: 1:17pm On Nov 23, 2016 |
2 & 3 bedroom flat available at Trademore Estate, Abor hills, Enugu. |
Properties / Re: . by ThePropertyGuy: 6:35am On Nov 23, 2016 |
Still available |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by ThePropertyGuy: 5:33pm On Nov 22, 2016 |
OBAGADAFFI: With this decision interest rates are definitely not going to come down, however there is an inverse relationship btw interest rates and inflation. Seeing that the high inflation is largely due to the Forex crunch, reducing the MPR, hence other rates, only fuels higher inflation because we'll have more liquidity chasing fewer goods One can argue that a rate reduction will reduce the cost of fund to manufacturers which in turn reduces the cost of production (and products) and ultimately reduce inflation. However, I don't think this move will do much to ease the rising inflation given that we are talking about a 3,000+ basis point INCREASE in cost of foreign currency (devaluation) compared to a 200 basis point DECREASE in cost of fund. These are my thoughts. |
Properties / Re: . by ThePropertyGuy: 4:10pm On Nov 22, 2016 |
Own your home in one of the most prestigious hill top developments in Enugu. Offer valid while stock last Book yours today!!!! |
Properties / Re: . by ThePropertyGuy: 6:01am On Nov 22, 2016 |
Still available |
Properties / Re: . by ThePropertyGuy: 2:57pm On Nov 21, 2016 |
All payments are made into your account with the bank. No third party involved. You do not want to miss this!!! |
Properties / Re: . by ThePropertyGuy: 9:27am On Nov 21, 2016 |
anochuks08: Depends on the number of years you wish to spread the payment. After the 20% upfront payment, monthly payment for a 3 bedroom for 15years will be around 60k. The keys will be given to to after the 20% payment and the title after complete payment |
Properties / Re: . by ThePropertyGuy: 10:38pm On Nov 19, 2016 |
Place your orders NOW!!! Available while stock lasts |
Properties / Re: . by ThePropertyGuy: 8:05am On Nov 19, 2016 |
Work going on to complete the d 3 bedroom section. Fixed with reticulated water system. Get own unit NOW!!!!!!!!!
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Properties / Re: . by ThePropertyGuy: 11:36pm On Nov 18, 2016 |
The Best property to buy Now in Enugu. We offer great value for money |
Properties / Re: . by ThePropertyGuy: 9:58pm On Nov 18, 2016 |
Get yours NOW before it's 100% subscribed!!!!!! |
Properties / Re: . by ThePropertyGuy: 7:14pm On Nov 17, 2016 |
REDDEVILS1: Outright payment is N12m for 3 bedroom and N9m for 2 bedroom |
Properties / . by ThePropertyGuy: 5:21pm On Nov 17, 2016 |
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