According to mr Adams Salami the money markets that is the banks which would have been a good source of fund borrowing to individuals have a lot of conditiond attached that totally scare off individuals from commiting themselves especially small income investors whose capacity ranges from a few thousands to hundreds of thousands,only to cross the million if they can find at least a borrowed sum.
some of the conditions include:
1 High interest rate that is sometimes up to 15% and most times compounding & outgrowing the growth raye of the stock.
2 The bank will always demand investors to deposit a certain percentage of the total sum to be invested and this cannot go round to small investors who is in this first place do not have enough cash
3 The bank will normally choose the kind of stock the investor should buy which is normally far away from the 'high risk high profit' stocks like penny stocks and growth stocks.The reason the banks refuse to go into the penny stock is very obvious,they need stocks that will be liquid enough to be sold off and leave the investor stranded when such investments go in troubled waters just like we have presently in the bearish market.Many investors are already in trouble with loans tied in stocks that are totally flat with no hope of appreciation till next year.Now the microfinance institutions is set to give out collateral free loans and advice on the market to pick.for more information, e-mail jeffmoore_007@yahoo.com or text me on 08038374796 or 08033052540. thanks i am your financial consultant Mr jeff Mormah