Stats: 3,171,084 members, 7,880,379 topics. Date: Thursday, 04 July 2024 at 05:11 PM |
Nairaland Forum / Aniffy4eva's Profile / Aniffy4eva's Posts
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niyooo: Precisely my thoughts when i was at the university. . . ![]() But now, i know better. . . . ![]() ![]() |
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niyooo: Well, i have my reservations about the emboldened part: The NSE (in recent times) doesn't seem to accurately reflect publicly available information - maybe because of the BEAR ![]() ![]() ![]() ![]() Funny enough i think the form of the NSE oscillates between weak and semi-strong, depending on the BULLish or BEARish state of the market. . . ![]() I agree with you on the SEC issue, do you know that trading still happened on some of the stocks after the ban? i think that theres a lot of conflict of interest going on. . . where people that should regulate have vested interests. . .so they find it difficult to enforce the law. . . ![]() |
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kuwena: Well, yes and no. in the very basic form, a technical investor uses mainly stock prices (past and present) and volumes of the stock that were traded in previous sessions to make investment decisions. Thats the "yes" bit. As for the "No" bit, if you rely solely on recommendations from your broker, that doesn't make you a technical investor. Recommendations are good as a tool, but not as the ONLY yardstick. Always remember that whatever you do, the broker will always get his commission. |
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Well, Kuwena. . . Such businesses that are created as a fusion of a profit-oriented company with a not-for-profit company are referred to as Social Businesses. You might want to look at the Grameen-Danone model. Its a partnership between Grameen (Yunus) and the French yogurt making company Danone to provide nutritious yogurt to malnourished children in Bangladesh, and making enough profit to make it self-sustainable, at the very least. You might also want to pick up his book, "Creating a world without poverty"- he (Yunus) wrote extensively on it. Although the ownership structure is much different from what you have said, i think you can pick up an idea or two from the book. Disclosure - i am not Yunus' sales rep oh!. . . ![]() |
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kuwena: In simple terms, a fundamental investor is one that analyzes financial statements, examines the health of the company's management, looks at income statements, competitive advantage, competition and macroeconomic conditions before making investment decisions. I hope that answers yoru question. . . ![]() |
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Wow ![]() ![]() ![]() Sorry guys, i have been AWOL. . . i have been outta civilisation, i wrote something on my experience on my blog; please visit and leave a comment. Thanks . www.folayemianifowoshe. Ok, so back to our discussion. . . Niyoo has actually spoken my mind on a lot of the issues discussed, so i don't think it makes any sense to repeat his thoughts. You asked a question about the kind of efficient market hypothesis that's being practiced on the NSE. My thoughts: If i am limited to the three forms (Weak, Semi-strong and Strong), i would stick with "Weak" form. My decision is based on the following xtics of this form:- - You can't make superior returns based on historical share prices only. - Fundamental analysis is favoured to provide more returns than Technical analysis - the current share prices are the best unbiased, estimate of the value of the stock (as perceived by the investors/ market) and the value (either undervalued or overvalued) can be determined by Fundamental analysis. . .i.e. looking thru financial statements. Disclosure - i am a fundamental investor. . . ![]() @ Stannesi I'm sorry about dropping bombs and running off. ![]() ![]() lol @ your joke about the board room. . . ![]() stannesi: And you did exactly that!!! ![]() ![]() ![]() I read somewhere about an entrepreneur providing solar energy as a business in Naija, its a well known fact that provision of alternative sources of energy (solar inclusive) is very expensive and not a viable alternative to what we have now. Citizens of most of the countries that can afford it, already enjoy uninterrupted power supply ![]() ![]() ![]() @ All - Off topic We have talked about how inflation erodes the value of money overtime, but don't you think that for an economy to undergo development, a little inflation is a key factor? If i am not mistaken, Inflation is caused by increased money supply in a system, without a commensurate increase in goods and services; hence leading to more money being exchanged for the same quantity of goods/ services. This, in essence, reduces the people's purchasing power. i.e. They can now buy less with the same amount of money they had before the injection of funds. This reminds me of the trade-off between inflation and unemployment. For the govt. to reduce unemployment by going into huge capital expenditure, it has to inject money into the system which results in inflationary tendencies. ![]() Got to hit the sack. I'll continue tomorrow . . . Good night |
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AlfaPrime: Soft loans actually depend on the recipient. If the person in question is trustworthy, you can go ahead to lend. The only danger in giving out soft loans is that you may NEVER get your money back! As a personal rule, i only lend to others what i can afford to lose. Well, in my opinion, i don't think it is the same as investing with other people's money and let me explain; In every financial economy , there are 2 classifications. Providers of capital and Spenders of capital. The savers (people that save in the bank) are the providers while the borrowers (people that borrow from the bank) are the spenders of capital while the Bank is the financial intermediary. The idea of using other people's money is to have leverage. This is similar to the principle of the Bible (where 1 will chase 1,000 and 2 will chase 10,000 - somewhere in Ecclesiastes or so ![]() The idea of someone investing his money and then borrowing from you till the next pay day isn't necessarily using other people's money, because the amount deployed for investment is still a function of his sole effort. The concept of OPM would only stand if the money borrowed was added to his personal own and then invested, but borrowing from a colleague for personal consumption and not business purposes is not an effective utilization of OPM. My 2 cents ![]() |
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Irony of life: those who are wise seek love, while those who are in love seek wisdom. i like your poem. . . ![]() |
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opokonwa: ![]() ![]() ![]() ![]() ![]() ![]() Alfaprime Very "serious-minded" individual. Hardworking. Always wants to help a brother in spiritual need. Exemplifies leadership. Analytical and logical, rather than emotional. Quick to hear, slow to speak Kenosky Very intelligent and humorous. Always has a good word for everyone. someone who loves to enjoy life. Good dedication to "nairaland" duty. Football fan. Fun to be with. Jisidaisy Beautiful. Intelligent. Good-hearted woman. Caring. Very good conversationalist. Unique. Opoks Bold and assertive. . . speaks his mind. Doesn't hide his feelings. Humorous. Intelligent. Hardworking. Go-getter. positive attitude. May be frustrated by routine. Wandel Soft-spoken. Calm and pleasant. Intelligent. Analytical. Stannesi Playful. Intelligent Kuwena Artistic creativity. Intelligent. too emotional. Introspective. For those i have left out. i'll be back, maybe its because you guys don't post often. . . ![]() |
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kuwena: Congrats Kuwena!!! I am glad that you are set on the course that you must follow. I am also particularly glad that you can now follow your dreams and forget about your current job, cos you don't seem to enjoy it. However, one thing i must advise is this: the reality of US may not be as perfect as your expectation. . . so please give room for slight differences. As a parting thought; "Too many times we question who we are to feel confident, favoured, exceptionally blessed and special, but who are we not to. . . ?" Selah |
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kuwena: Story of my life. . . ![]() Yes i did. I guess i was just tired of the job and i wasn't happy. I just wasn't happy and it was killing me inside. . .literally. I decided to bite the bullet and went into private business. kuwena: You have much more than my courage!!! You have yours!!! I did that because' i was so sure that i was doing the right thing. . . please do not consider this as a command to go and resign o! As for me sha, i knew i wasn't happy and as for me. . . My happiness comes before money. . . ![]() In retrospect, everything worked out fine. I have a job i like, i'm happy and i still run my business. . . ![]() ![]() |
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opokonwa: No syke me jooooo!!! ![]() JISIDAISY: I dey, how are you doing? Easy on the job o! |
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Off-topic I wrote a lil' something that has to do with "Questioning your values" on my blog. You might wanna check it out - www.folayemianifowoshe. ![]() |
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@ Uspry1 o ga ju!! Mi o mo nkan ti mo ma ko si biyi, mo kan ni wipe kin ki e sha! Mo si gbadun thread e yi, maa ma yoju si biyi leekna kan. O da bo! ![]() Translation. . . This is amazing! I don't know what to post here, i just thought to greet you! I enjoyed this thread of yours, i'll check here from time to time. Bye! ![]() |
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kuwena: Precisely my point!! Being sure of the business model - buy toadskins at 10 naira and selling them at 100 dollars, if i had only 60 naira, why would i want to save? this brings me back to my OPM principle. I would loan from a bank (or a friend) at 25 - 50% interest rate, depending on the source. Use my 60 naira as a deposit backing (or collateral of some sort), export my goods, pay the loan and the interest and smile to the bank! Why wait to save until i have enough money? If i am trying to buy time to study the business and then save (keep) my money, its a different ball game. . . but not save my money and then say i'm studying the biz. That's time-wasting. . . For the final bit, please ask yourself. . . 1. How long will it take you to save N10m? 2. How long will it take you to borrow N10m? Well, Which would you rather be? That . . . .my friend. . . . is the difference! |
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kuwena: Catpar---whoa?! ![]() 1. We all wear black hooded gowns with red sashes carrying calabashes. 2. Our anthem will probably consist of two words said repeatedly. "heya-humba-heya-humba" 3. The leader has a red drool on the left side of his mouth. (still trying to figure out if its ribena or blood ![]() 4. We never read from the Bible. . . 5. and lastly, how come Kuwena gets to be the "Pontius Supremus Emeritus" ? ![]() I'm sure you get my drift. . . ![]() ![]() |
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Nice post! Funny enough, i seem to be in a similar state. . . I make a decent amount of money, but before i spend it, i do a lot of mental permutation/ integration etc ![]() ![]() However, i do love to treat myself once in a while, just to strike a balance ![]() ![]() ![]() |
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kenosky: 1. lol! It's called leverage. . . Risky? Yes!! But honestly, to get real and fast advancement ![]() ![]() ![]() 2. Secondly, you'll be surprised that most banks have such packages for willing investors. I'm currently on one like that. Normally, i probably wont be divulging stuff like this, but hey, we are here to share knowledge. . . aren't we? ![]() kuwena: Aquarius. . . ![]() opokonwa: Thanks! My admiration of you is 150% more! The GREAT Opoks! opokonwa: Hey Bros!. . . i won't mind being a part of this o! That is if the real estate deal is for commercial purposes o. . . and not for building your house only ![]() ![]() AlfaPrime: I really don't agree with this line of thought. . . ![]() ![]() ![]() ![]() ![]() ![]() uchetobi: Yeah! So please grow with us, because we are going places!!! ![]() |
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JISIDAISY: That's funny. . .coincidentally. . i went to your PH branch and the lady i saw there said you guys don't do stuff like that. . . ![]() @ Kuwena Do you guys have anything for me? ![]() |
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AlfaPrime: Bulls-eye!!! ![]() ![]() AlfaPrime: The very nature of this investment-vehicle makes it capital intensive and quite illiquid. However, i opine that a little diversification is necessary for investors. Stocks can be quite good, however, control over the bullish/bearish state is limited. Whilst everyone may have good stories to share on the NSE when compared to 2 -3 years ago, it's beginning to get to a point where companies that are no-good fundamentally are stating increasing stock prices, while sound companies are doing the exact opposite. In my opinion, the main essence of land purchase is for development to bring in rental income. Please remember that we are talking about passive income, which investment in stocks might not give you (except you wait for dividends. . . ![]() The idea of trading in stocks is also one that i am not too comfortable with, i guess i'm ol'school. . . ![]() ![]() With all that has been said, i'll just add that we try to work towards having our incomes come from 3 sources: - rental income - real estate - paper income - dividends/ bonuses from shares etc - cashflow from businesses that run without us because' it seems a number of us might have just income from our jobs as the ONLY source. . . ![]() cheers guys!!! ![]() |
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stannesi: GBAM!!! ![]() |
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kenosky: Yeah. . .i sell suits! ![]() ![]() Trainings and workshops have been cool. They just reinforced a lot of values i seemed to have taken for granted. ![]() @ Kuwena That's really cool. I'm glad you also have a "savings and investment" culture. Please soak yourself well in Robert Kiyosaki's books, but also note that he's skewed towards real estate and not the stock market per se. I have quite a lot of his books and also the "Cashflow" game. . . If you are looking at books on stocks. . . you may want to check out Peter Lynch's book ; "One up on Wall Street", Mary Buffet's "Buffetology" and a host of others. . . I have made some sales since i resumed, but i'm still trying to build my network. . . i'm sure that my best bet will be bankers like you. . . ![]() ![]() ![]() ![]() On the idea of invest early, get rich quickly and retire early. . . i believe it's more of increasing cashflow and passive income. Once your passive income exceeds your expenses, you are financially free but not rich. Your freedom, if exercised appropriately will give you enough time to focus on getting rich, because you have more time for yourself. And a piece of advice when it comes to brokers. Not all of them are really that knowledgeable so please do your research before listening to them. . . Some are called "broke-ass" for a reason, y'know. . . ![]() ![]() Anyone here interested in agriculture OR actively participating ![]() |
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Hi people, I'm sorry for not posting here and on my blog for a while now. . . i've been on quite a number of trainings and workshops. . . i just wrote a post on my blog, after a looong while. . . I'm glad we have new joiners / erstwhile silent readers posting occasionally. Stannesi, annwil etc you are welcome, once again ![]() It seems that we have some energy on this thread with a lot of people that actually taking out time from their busy schedules to either leave comments OR read-only ![]() ![]() As for me, my interests are basically shares, real estate, businesses - e.g. online businesses. . . i sell suits too. ![]() ![]() @ kuwena A while back, you mentioned that a HUGE portion of your salary would be going into investments, how has your journey been. . . any story you want to share? ![]() |
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Anniwil: carry "who" go panel ![]() ![]() Wey Basil Omiyi number sef? ![]() ![]() |
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kenosky: Me sef dey wonder ![]() ![]() @ Anniwil I think the engineers will be in a better position to help you out. The 1st stage of the last exercie that was done was actually managed by WAEC (i think. . .). I don't know if they will use them again. . . No wahala. . . just stay tuned on this thread. kuwena: ![]() ![]() |
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Hi guys I'm sorry i have been AWOL. . . . work- load ![]() anyways TGIF. . . . C y'around fellas. . . . ![]() |
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JISIDAISY: Oya come and collect your cheque sef. . . ![]() How much? shiken shange, ![]() ![]() ![]() |
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AlfaPrime: I pasted the link here cos' i often wonder at the way some Nigerians react when foreigners allege Nigeria as being the most corrupt nation in the world. I am not really interested in Farrakhan's religious inclinations but i was awed by the passion he exuded, considering the fact that he's no where near being Nigerian. Yes, its true we have our flaws, but can we be left alone to grow/develop? i hope so. . . As for your choice of Martin Luther King's philosophy, that may have been the case if Nigeria was inhabited by whites and blacks. I beg to diagree. . . I'd rather stick with Jerry Rawlings' stylee ![]() |
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For those that say Nigeria is the most corrupt country in the world, listen to what Minister Farrakhan (born in New York) had to say in our defence I'd expect Alfaprime and kuwena to enjoy this, You guys would have to visit my blog cos' i posted it there. ![]() ![]() Just click on the link http://folayemianifowoshe./2008/04/02/interlude-2/ and please leave a comment ![]() |
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AlfaPrime: WORD! kenosky: Meanwhile, kenosky, you don't have to wait till you have all the money in the world before you start philantrophy o! i hope you find time to help the down-trodden around you. ![]() |
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@ Niyoo Thanks for your viewpoint. However, i have a question. . .Is it really the ultimate to have your own organisation? Is everyone cut out to be an employer of labour? Opolopo awon to ti se business, ti won ti te. . . ![]() ![]() Translation: (for my non-yoruba speaking peeps) ![]() (Many people have gone into businesses with only regret to show for it) |
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JISIDAISY: kenosky: Sorry my brother. . . I'm back with full force. . . ![]() @ Kuwena I'm sorry, i guess i had logged off by the time you came on. I left you an offline tho'. I hope to chat with you soon. ![]() @ Everyone How are you doing? Well, i have a question: "If you had all the money and all the time in the world, would you still do what you currently do as a means of livelihood? . .(sure can't wait to read Kuwena's response to this ![]() Honest answers only please. . . . . .Anybody? ![]() |
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