sync:
As a young woman, never stick beside or support a young struggling guy cos when he eventually makes it, he will dump you like hot pot from fire

Japheth17:


Thank you for this!
You literally described me.
I got admission at 16, I was young.
God knows my parents tried their best (they still are), but the lure Owerri had on a naive young boy like me was too much to ignore.
I also suffer from ADHD

I finished in 2016, I would be rounding up service by next month (I would be 27)

I still believe that degree is not for me, i am currently an undergraduate at NOUN, studying criminology.

I gym now as it helps me focus (it's what works for me!)

I hope life gives me just one more chance sha..

But thank you

About the tech industry, how legit is alx-africa?
I've been hearing about them...

Softmirror:


AND THAT IS WHY PORNOGRAPHY INDUSTRIES HAVE THEIR HEADQUARTERS SCATTERED ALL OVER AFRICA. THE AFRICAN CULTURE IS VERY DEEPLY ROOTED IN PROSTITUTION UNLIKE EUROPEANS. INFACT WHITES RUN AWAY FROM BLACKS BECAUSE THEY FEAR WE WILL DENT THEM WITH OTHER FORMS OF SEXUALITIES LIKE GAYISM, LESBIANISM, BEASTIALISM AND INCEST TOO.

Anticrime77:

Absolutely

Whobedatte:
Never let people fool you , scam you or play you .
Karma is only an illusion

ibechris:



Invest in treasury bills,money lending,bonds,Commercial papers and see your money increasing rather than keeping it in one account.

emmaodet:


Are you for real? African culture is deeply rooted in prostitution?
Whites running away from us because of our wild sexuality? Or is it not we the blacks running away from whites loose sexual life so as to protect our culture?

ibechris:



Invest in treasury bills,money lending,bonds,Commercial papers and see your money increasing rather than keeping it in one account.

emmaodet:


But the problem in investing in all these bonds, treasure bills etc is that the interest is below inflation rate. So technically, it is not a good investment.
For example - Present Nigeria inflation rate is staggeringly at 20% per annum but let just make it 15% for argument sake while treasure bills and bonds average interest rate is at 10-12%.
What does this mean?

At 12% interest rate on your bills, if you invest 1m in 2022, it will be roughly 3m by 2023 (10 years after) provided you don’t touch the profit and do a rollover.

At 15% inflation rate per annum, if you have 1m, it means every year a 1m is getting weaker by 150k (15% of 1m).
In other words, what 1m will purchase in 2022, you will have to purchase it with 1,150,000 naira or get a goods worth 850k instead of 1m since you can’t add extra 150k to get the complete goods you would have bought with 1m last year.
So, how many years will it take to render 1m useless?
It will be 1,000,000/150,000 (15% per year) equal to 7 years.
So in 7 years, what you can buy with 1m, you will have to buy with 2m because there has been a 100% inflation rate in 7 years.
So in 2023, you will need 2.5m to buy what you bought with 1m in 2022 and you also invested another 1m in 2022 into treasure which matured in 2023 to give you 3m
If you do your plus or minus, you have made a profit of 500k over 10 years without touching a dime. A meagre 50k per year from 1m or 5% profit per year.
This is not investment

emmaodet:


Now let’s look at another investment.
Real estate - a very good investment that adjust with inflation perfectly.
I will use my personal experience.
I bought a land in the bush at sagamu for 300k per plot in 2013 (I mean bush with so many monkeys. I was discouraged when buying it but my mum insisted I get it).
Sold it in 2020 for 1.5m.
In 7 years, 400% profit aside my capital.
In 7 years, nigeria inflation would have been 100%.
Which means it will take me 600k in 2020 to buy a goods I bought in 2013 at 300k but now have made 1.5m in 7 years minus 600k 2020 face value plus inflation.
So I got a 900k profit in 7 years from 300k.
So if have invested 1m into the land for 3 plots just like you did to bonds and bills, in 7 years, I will make a profit of 3m from 1m while you have not made any tangible thing in bonds.

Thanks

ibechris:

I agree with u totally but another thing is,can u invest your money in real estate...especially in an area where property value increase geometrically?
If u live in Abuja I could suggest such areas for u.
Sometimes the value of money gets eroded with time and because of that, one may not have a choice but to invest his or her money in the existing portfolios.

ibechris:



Both of us have same appetite for business if I am not mistaken.
In 2017,I saw an advert on jiji of a land close to the area I had a land along the airport road Abuja. So,I decided to call the owner who happened to be lawyer and I made a request to help further advertise the land, she agreed.

So we schedule to visit the plot,low and behold the land sharesd fence with my land. After some discussion with my wife,I decided to buy the plot for 2.1million and resold it around 4th of April this year and I made an extra 1.6million on it.

There was another one I bought last year,for 5million naira is currently going for 12million naira as we speak now.

Property gives more money than tbills and others but where your money is not enough to buy landed properties, one has to settle for what he or she can afford.

Harkinsoji:
"Time heals, time is everything"

Remember this in everything you do

Drops mic!

kingscare1:


I know it was.

I'm curious to know how you felt about the tragic jack and rose love scenes, especially when you don't know they were fictional characters.

extol1:
Nobody care about you

mhizandrea1:

I felt heart broken when I watched it, I was then wishing they never boarded the boat in the first place. Infact I wished a lot of things especially after seeing that old grandma they used to tell the story.
I still remember the goosebumps I felt, I wished Jack could have just survived an extra 'few minutes' before Rose was rescued; maybe he would have survived.
Only for me to find out it was fiction

emmaodet:


What is ADHD?

cartoon1001:

Yes you can.

Japheth17:

Attention-deficit/hyperactivity disorder
Inability to concentrate for long, restlessness etc

Japheth17:

Sent you a mail

ibechris:



Invest in treasury bills,money lending,bonds,Commercial papers and see your money increasing rather than keeping it in one account.

Zubech:

Please how do I go about this as stuff, is there a way you can put me through?

ibechris:



Which one do u want to invest in?

Zubech:

Treasury bill or Real estate....

ibechris:



If u want to invest in treasury bill,u could do so by visiting your bank. Pls,do not fall for cheap rates at the secondary market.

It is good to compare rates out there especially from different banks.

And for real estate...it is your location that matters most.

Zubech:

I think I will have to google more to understand this rates before going to the bank. How do you see it?

Mrkindness:
have not secured any job with it.

obigenius:
I understand where your coming from, every successful FX trader today have ugly experience including me, they are successful today because they never gave up. I started learning Forex 2020, but I started making profit just last month till date. I believe with the right strategy, good risk management and an honest mentor you will recover whatever you've lost in fx no matter the amount. Last month alone, I made upto 1k$ profit and I can share my trade history if you need it. Sometimes if I see some nairalanders saying FX is a scam, I will just be laughing

ibechris:



U may not get the actual rate online except u visit treasury bill thread on nairaland where people discuss the rate and banks that give better rate.