debeey87:
For people who own rental assets. Have you used alternative dispute resolution ADR at the courts (arbitration or Multidoor courts) that do not require the rigours of numerous adjournments in the regular court room to resolve issues with troublesome tenants and what role did the police play in it before the hearing at the courts.

You mean the rent tribunal?

sterlingD:


You mean the rent tribunal?

No. We have mediation and Alternative Dispute Resolution in Lagos

emmanuelewumi:





The most successful investor and most consistent billionaire on the top 10 of Forbe list.

The old man needs to be studied

He has lived 30 extra years on average

megawealth01:


Levels dey the trading... Warren Buffett is in a class of his own

But na dem dey preach come rain come shine, don't sell as long as the company's fundamentals are intact

Agbalowomeri:


He has lived 30 extra years on average

Normally people are expected to be poorer at old age, but he is getting richer at old age

Agbalowomeri:


But na dem dey preach come rain come shine, don't sell as long as the company's fundamentals are intact

Every wise investor knows when to sell off anyways no matter how long they hold

This is the day that the lord has made. Today is another day for Aradel, you miss it today and it trades 7k tomorrow. A word is enough for the wise

Agbalowomeri:


But na dem dey preach come rain come shine, don't sell as long as the company's fundamentals are intact

Fundamental is different from valuation. Wise investors focus on both

Having a duplex at Lekki phase 1 is a fundamentally sound real estate investment, but if the property is selling for N1 billion and generatng a rental income of N15 million per annum.

A value real estate investor will book profit.

Warren Buffett believed some of the stocks are highly overpriced, a crash will soon occur and he is safe having cash and earning 5% till the madness is over

*

emmanuelewumi:



Fundamental is different from valuation.

Having a duplex at Lekki phase 1 is a fundamentally sound real estate investment, but if the property is selling for N1 billion and generatng a rental income of N15 million per annum.

A value real estate investor will book profit.

Warren Buffett believed some of the stocks are highly overpriced, a crash will soon occur and he is safe having cash and earning 5% till the madness is over

💯

Sunrisepebble:
This is the day that the lord has made. Today is another day for Aradel, you miss it today and it trades 7k tomorrow. A word is enough for the wise

When is the qualification sef?

A little bird has told me end of first week in September

megawealth01:


When is the qualification sef?

emmanuelewumi:


5% of $280 billion is $14 billion oooo. It gets to a level when 20 bagger does not make sense and is impossible. The only sensible thing is the conservation of your capital.


Imagine what $14 billion can do for Nigeria as a nation

I do agree that conservation of capital is great practice. But he did not stay on Forbe's list by sitting on cash pile for these years. And you do remind us about the importance of consistency in investing too. His growth stocks have a record of return way more than that annually. With a return of 300+% from Apple since their first purchase in 2016, growing a total invested of 36billion to about 150+billion in 8 years, 5% is only an option when nothing else makes sense in the market.

Ding

Sunrisepebble:
A little bird has told me end of first week in September

Ok

Capitas7:


I do agree that conservation of capital is great practice. But he did not stay on Forbe's list by sitting on cash pile for these years. And you do remind us about the importance of consistency in investing too. His growth stocks have a record of return way more than that annually. With a return of 300+% from Apple since their first purchase in 2016, growing a total invested of 36billion to about 150+billion in 8 years, 5% is only an option when nothing else makes sense in the market.

Every growth has an expiry date,. Keeping cash is also a strategy that is determined by circumstantial market variables

Most of the investors who have been investing for the past 20 years and also experienced the bull run of 2004 to 2007, if they have kept 25% of their financial assets in cash and money market funds during the bull, I am sure they would have retired by now.

PRESTIGE has presented another opportunity for those that can seize it at 0.57...

Don't waste time on things like this...

PRESTIGE is a goal if you know you know

Ding ooooo

Fixed

There's a reason for saying make hay while the sun shines

emmanuelewumi:


Normally unwise people are expected to be poorer at old age, but he is getting richer at old age

BabsO2:


50-200 baggers .
Which stocks delivered that ?

In the book "The little book of value investing" which I have recommended once or twice on this forum, Christopher Browne shared about how Warren was buying Berkshire shares at about $25 decades ago at his fathers brokerage. Today, Berkshire shares are valued at $696,000 per share. I usually don't bother calculating how another man has made 10bags or anything, but focus on learning what they do right, so I won't be able to cite other examples, but there are amny articles that I have read where the authors took their time to explain his wins in growth stocks. Coca cola is there, the insurance companies are there, so many
multiple baggers. Attached is a Yahoo article to partially back up my claims.

I honestly don't think it is easy staying on Forbe's list as an investor in the NYSE market without such 2 or 3 digits baggers. Dividend yield is nothing, many traders are shorting or doing their profit taking mercilessly; just too many reasons to not do fine as an investor not to talk of maintaining a spot on the globes billionaire list.

KarlTom:
Fixed

There's a reason for saying make hay while the sun shines

Our children are our retirement plan.


I pity people who are relying on these Gen Z children.


They will learn the hard way

Raider76:


You forgot that inflation rate there is normally only 2% to 3%

That is true. And for someone who has consistently made double digits annual returns, beating inflation rate is not something to settle for.
I do not know this man's mind and do not know why piling of cash is a move, but my point is just to say that 5% might be a temporary "best" option, but I doubt if it could be a motivation.

See Aiico and cornerstone at full bid.

Point & kill

Hogwarthtrades:


Same generalised statement was said by every Generation before us and will be said by those to come. While there's iota of truth to this, mindset like this creates generational disharmony young people always complain about "Old heads".

It is still better and smart to have a good personal retirement plan.

emmanuelewumi:



It is still better and smart to have a good personal retirement plan.

That's way to go... A good man lives inheritance to even his fourth generation...

You don't have to point your next generation as your retirement plan

Which stocks have full bid today?

Oando, Aiico, Eternal, Prestige might do full bid today

It should not be a 'bad idea' to rely on our gen-z children.

However, the challenges of old age has only been refined across generations

A Yoruba saying that the bush rat sucks its child's breast at old age rings loud...

God help us

emmanuelewumi:



Our children are our retirement plan.


I pity people who are relying on these Gen Z children.


They will learn the hard way

megawealth01:


Well there's a way the extremely wealthy reason different from others...

The safety of your capital FIRST

"Safety of capital FIRST" is a common practice among investors regardless of where they belong on the wealth spectrum. You sold your initial capitals worth in Oando and put the rest on free ride. That's an example. Many of us do that eevrytime.

The press releases do leave out some important information. I will just use a few for reference. Berkshire is the largest shareholder of Apple by number of shares held, and Apple is the largest stock by value in Berkshire's portfolio. Despite all the sales in recent times, their remaining value in Apple is still way more than their state in BoA, the next largest holding of Berkshire's.

We have read a lot about Warren Buffet, and we know that timing the market or running from the market are not part of his principles. Our own Pa Emma (I compare him to Warren for context here) shared about how he opted for bonds in the defining of the year. That did not mean that he didn't obtain loans to buy some stocks this year too. Warren has done value and growth investing all his life; it is fun and second nature to him, and receiving 5% on CD or HYSA was not how he maintained his spot as one of the richest men on earth.

Mcy, is it time to move omatek now? Or there is exciting news or just sentiments.

Capitas7:


In the book "The little book of value investing" which I have recommended once or twice on this forum, Christopher Browne shared about how Warren was buying Berkshire shares at about $25 decades ago at his fathers brokerage. Today, Berkshire shares are valued at $696,000 per share. I usually don't bother calculating how another man has made 10bags or anything, but focus on learning what they do right, so I won't be able to cite other examples, but there are amny articles that I have read where the authors took their time to explain his wins in growth stocks. Coca cola is there, the insurance companies are there, so many
multiple baggers. Attached is a Yahoo article to partially back up my claims.

I honestly don't think it is easy staying on Forbe's list as an investor in the NYSE market without such 2 or 3 digits baggers. Dividend yield is nothing, many traders are shorting or doing their profit taking mercilessly; just too many reasons to not do fine as an investor not to talk of maintaining a spot on the globes billionaire list.

Dividend yield is nothing without dividend growth.

70k dividend of Zenith bank grew to N4. 00 over the years.

The old man looks at the growth rate of the US economy, expected growth from the various sectors, expected growth rate of the global economy,GDP versus stock market capitalization etc.

Making it good, managing it is better, multiplying and keeping it is the best and most difficult. Knowing when to have cash is one of the reasons for keeping it for decades.

By the way the cash position is still roughly 30% of fund market value

Locotrader:
See Aiico and cornerstone at full bid.

Point & kill

Aiico on full bid na early Christmas for me ....I don set the trap tey