Black Africans and religion...Hmmm! No b small thing!!

I scored 66. I must confess it has been extremely challenging. Looking back, with focus and determination, I moved from less than 10 to where I am today. I still have my sights on 100 and beyond.


I had to cut down drastically on frivolous expenses and requests from people. Extra funds from the cost cutting were channelled to cash generating assets. I have been called unprintable names because of my actions to improve my financial health. Funnily, these same people are celebrating Peter Obi for his simple lifestyle and financial prudence. But when I did the same, they mocked me. If there's one word that sums up my financial journey so far, it is FOCUS.


Stay focused. The financial market is not running away. Remain focused. There will always be seemingly attractive new schemes. But stay focused. Your emotions will run wild. But stay focused. Financial analysts will try to influence you. But stay focused. Friends and family will try to sway you. However, stay focused. The economy will strain you. Comrade, stay focused. Social and traditional media will promote fads and FOMO. Alas, stay focused.


Anyway, what are your reflections?

1. What's your score?
2. How did you achieve it?
3. How are you planning to score 100?
4. If I may, why do you want to be wealthy?

Happy Mother's Day!

For novice like me abeg wetin be coys?

delvzy:
For novice like me abeg wetin be coys?

Short form of Companies.
Coy: Company

yMcy56:
Happy Mother's Day!

Happy Mother's Day to our QWEEN!!!!

To the mothers and mothers to be in the house
HAPPY MOTHERS DAY!
You will enjoy being a mother even at your old age.

STNWAUME:


You are right ,
We saw the mismanagement of the current regine and strongly advocated for conversion of Naira to USD when exchange rate was still at sub #400

Now that dollar hovers around #750 and there will be change of govt in no distance time It won't be a bad idea to reconvert some USD and take position in NSE.

I concur, timing seems right , just sent notification for partial redemption of some dollar holdings last week , primarily to conclude a commercial real estate transaction , the rest probably to be used in the nse

Sell fidelity.
Sell nacho

ogbs2020:
Sell fidelity. Sell nacho

due to what!

emmanuelewumi:
I have a customer who is a man of God. I gave him 33% discount because of his calling.


But the man, would still owe expecting me to write off his debts


When I stood my grounds that I wanted my money immediately, he pleaded with me to give him 2 weeks that he would pay up everything because his harvest would take place in 2 weeks time.




Excuse me, what is the relationship between harvest and payment of his debt

I'm not saying you should be foolish, but develop a good discerning spirit and let nothing stop you from doing good my brother, so that you have points of reference ...
When the prophet told king Hezekiah that he should prepare to die, but he turned his face to the wall and cried to God, reminding God of what he did. God had to send back the same prophet and added 15 more yrs to him. In the same vein, when Tabitha died, people reminder Peter of her philanthropies, Peter had to pray her back to life. It not a must that you should give me, but pls give to those around you.

ogbs2020:
Sell fidelity.
Sell nacho

You no complete the warning and format. You forgot to add,'and thank me later '.You still they learn fior this baboo hunting, lol

veecovee:


Let nothing stop you from doing good my brother, so that you have points of reference ...
When the prophet told king Hezekiah that he should prepare to die, but he turned his face to the wall and cried to God, reminding God of what he did. God had to send back the same prophet and added 15 more yrs to him. In the same vein, when Tabitha died, people reminder Peter of her philanthropies, Peter had to pray her back to life. It not a must that you should give me, but pls give to those around you.

Why should those people add more years on earth instead of going straight to heaven to enjoy?

Agbalowomeri:

Why should those people add more years on earth instead of going straight to heaven to enjoy?

we are here for different missions. It's
not good to go leaving our missions unacomplish.

ogbs2020:
Sell fidelity.
Sell nacho

Reason sir/ma?

In fact, these two should be monitored for pullback Ex-Div and keyed into. Also to be watched during downtime.........in my usual layman's opinion.

Fidelity is the most traded stock on Friday, accumulations has been going on for quite some weeks/mths now.

Contrary opinion is most welcomed.

yMcy56:

If I get you right, it's Cross Deals.
We've discussed much about cross dealings here.....
It could be mvmt of stock from one customer's account to another; or from one broking house to another.
The transactions just have to pass thru the NGX Trading Engine for proper documentation and the likes.

As for Morgan, they suppose reward me o.

but their registration process is too long
I am trying to register but they are telling me to bring NEPA bills and some other documents I can't access rn

yMcy56:

This is a good start for a comeback!

1. Out of the 8 stocks, 2 are write offs: Dunlop and Union homes....... they're dead.

2. The remaining 6 are good: FBNH, NB, Betaglass, Dangsugar Cornerstone and Univinsure.

3. You'll need to register with a broker, Morgan Capital Securities Limited, my recommendation.
4. You'll have to fill forms for the Registrars of the ones you have to collect your outstanding Dividends and for future ones.
5. Your new broker will assist you to transfer your stocks to your trading portfolio, whereby you can commence trading, be depositing more money and also consolidating//buying more shares.
6. All the stocks you mentioned are good but I'll advice you dont concentrate on banking alone........you can pick from one or two other sectors as well.
7. If you have time, try and flip back to some pages of this thread to learn more and have basic knowledge...
8. There are books to read, will be good if you can download some and read.
9. Define the type of investor you wish to be..
10. Always ask questions.........you can't just jump into the market to buy, there are times to buy, when the market is in bearish mode, the stock prices used to come down a bit at these periods, those could be good times to pick fundamentally sound stocks.

* This is my newbie's contribution. The Ogas will help you further.

*Modified: Universal Insurance is still active*

can you mention some of those books and what do you mean by "transfer your stocks to your trading portfolio, whereby you can commence trading"

veecovee:

I'm not saying you should be foolish, but develop a good discerning spirit and let nothing stop you from doing good my brother, so that you have points of reference ...
When the prophet told king Hezekiah that he should prepare to die, but he turned his face to the wall and cried to God, reminding God of what he did. God had to send back the same prophet and added 15 more yrs to him. In the same vein, when Tabitha died, people reminder Peter of her philanthropies, Peter had to pray her back to life. It not a must that you should give me, but pls give to those around you.

So the 33.33% discount given him to represent one in the Trinity is not enough abi?


I don't know why you guys think you should have everything for free, the entitlement mentality is really appalling and they are never open to accountability.

DonDraper:
I scored 66. I must confess it has been extremely challenging. Looking back, with focus and determination, I moved from less than 10 to where I am today. I still have my sights on 100 and beyond.

Anyway, what are your reflections?

1. What's your score?
2. How did you achieve it?
3. How are you planning to score 100?
4. If I may, why do you want to be wealthy?

1. 32
2. I have shares and some pay dividends, plus my assets>liabilities. I have also read some finance books, I think they're up to 10, I also believe my savings rate is up to 10% (will start tracking this). I thought I thought I was reinvesting my dividends till I decided to put all my trades on MS Excel it was bloody .
3. I'm not planning to score 100 since I I don't have any plans for Real Estate for now, for 2 reasons
i. I don't have enough funds, and
ii. I think the returns are smaller, than from dividend paying stocks like Zenith, GTCo, UBA etc.).
4. So I can have more options in life, and also to pass it on

Please do I need to resign dividend form if I want to change my account number (same BVN)? What if I transfer to another broker?

veecovee:

I'm not saying you should be foolish, but develop a good discerning spirit and let nothing stop you from doing good my brother, so that you have points of reference ...
When the prophet told king Hezekiah that he should prepare to die, but he turned his face to the wall and cried to God, reminding God of what he did. God had to send back the same prophet and added 15 more yrs to him. In the same vein, when Tabitha died, people reminder Peter of her philanthropies, Peter had to pray her back to life. It not a must that you should give me, but pls give to those around you.

Biblically you are wrong.

Romans 13:8 Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.

His actions is fraudulent, a righteous Preacher won't attempt to defraud anyone.

Don't play with tony oh,somebody that dashed investor 2.5million dollars yesterday.with that transcorp certificate in his hand,just watch as transcorp gets to 10 naira.I just dey laugh people that are bailling out.

Jerekre:
Please do I need to resign dividend form if I want to change my account number (same BVN)? What if I transfer to another broker?

No.as long as the registrar got ur details and you did not sale!!

Transcorp....
Trading as at now at day's high.....2.84...
Over 100M done in transactions.......so far

Ajibade123:

can you mention some of those books and what do you mean by "transfer your stocks to your trading portfolio, whereby you can commence trading"

She meant you should have an account with a broker that offer online trading platform su u can trade by urself!

yMcy56:
Transcorp....
Trading as at now at day's high.....2.84...
Over 100M done in transactions.......so far

This guys go soon go private at the rate they are buying transcorp. I remember I said trans will soon go back to #3 after ote backed out

yMcy56:
Transcorp....
Trading as at now at day's high.....2.84...
Over 100M done in transactions.......so far

I don't just understand this market. I set my buy order at 2.59 just before 9:40am . Only for me to log in about 20 minutes later and saw people offering it @ 2:45. I got a little bit angry. And now, boom! it has climbed to 2.84.

onegentleguy:
I still like them UPDC, UNILEVER, DS, STERLING BANK, UBA, WAPCO, CHAMS and LIVESTOCK FEEDS!
...I just love them!

But hey! NOT an investment advice.
Due diligence still applies as always.

Selah

purity2all:


I don't just understand this market. I set my buy order at 2.59 just before 9:40am . Only for me to log in about 20 minutes later and saw people offering it @ 2:45. I got a little bit angry. And now, boom! it has climbed to 2.84.

You should be happy your approx 10% up then.
...but that's if you decide to sell today though.

Regards

Sovereign Trust Insurance (STI) is tearing up with another full bid today, +9.52%.
I expect them to declare dividend by year end 2023.

onegentleguy:


You should be happy your approx 10% up then.
...but that's if you decide to sell today though.

Regards

😀
Yeah, it's a win nonetheless.

OBAGADAFFI:


Biblically you are wrong.

Romans 13:8 Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.

His actions is fraudulent, a righteous Preacher won't attempt to defraud anyone.

You guys didn't understand me. What I'm saying is that oga Emma or any other person shouldn't stop being good to others because someone paid him back with evil. Rather, he should develop a good discerning spirit.