zamirikpo:


yea, before ugbolu, just after 74.....its opposite the campus. land around that area is about 2-3m for 100 by 100ft

As at 2014 that was the price 2019 it was 6-7m as I have read here on this thread. I guess if that the price now with this pandemic

Leezah:

Your first paragraph, I don't understand.

Let assume 700k
I get some to manage it for me for 10% per annum
Minor repairs 30k
Am letf with 600k
FG bond is 10m minimum by United capital or do you mean FG saving bonds, this has been suspended by DMO

Sorry you will need N5 million if you deal with Stanbic IBTC bank.

We are praying that Treasury Bills will go back to the good old days , which I foresee by the fourth quarter of this year or early next year.


Sorry for my question, what do you do for a living?

You can invest part of the fund for the growth of your business. But if you are a salary earner you can consider money market funds.

500k @ 10% compounded for 10 years will grow to N8.7 million for risk free Investors

zamirikpo:



...am sure its the same guy...……….

I've learnt a lot from great minds here, even made money...……………...what has that one contributed here...…………..i know.....commotion.

Lmao... I still wonder why he does these things

emmanuelewumi:


Sorry you will need N5 million if you deal with Stanbic IBTC bank.

We are praying that Treasury Bills will go back to the good old days , which I foresee by the fourth quarter of this year or early next year.


Sorry for my question, what do you do for a living?

You can invest part of the fund for the growth of your business. But if you are a salary earner you can consider money market funds.

500k @ 10% compounded for 10 years will grow to N8.7 million for risk free Investors

I am a salry earner and doa little side hustle which does not pay every time only when we have a job.

This money market you talk of I have seen their thread and read it but from what I read the rate is far less than the 10%. Sorry if I am asking too much questions

I think you do offer a very different perspective and view sometimes. Even that statement you made had some sense it, but the problem in my opinion is that you consider discussions to be confrontations.
My takeaway from your point was that sometimes you stay in a neighborhood because of other things like children upbringing, security and social class, not necessarily because of showoff. But that great perspective got lost in the near insult and confrontation you added.

Theconglomerate:
There was no motive in the post I quoted,rather ridicule with no basis.
Someone talking about shifted curtains and empty living rooms,just to prove that he that lives somewhere else is smarter than the person living in a highbrow area,not even knowing the person's financial capability(else,how do someone judge wealth from living rooms and who switches on AC?).
That I call rubbish and very close to madness.
Anyways the level of delusions and fable-like tales seem to be the norm in this thread so indulge the group to carry on,we are just watching from the sidelines.

Theconglomerate:
There was no motive in the post I quoted,rather ridicule with no basis.
Someone talking about shifted curtains and empty living rooms,just to prove that he that lives somewhere else is smarter than the person living in a highbrow area,not even knowing the person's financial capability(else,how do someone judge wealth from living rooms and who switches on AC?).
That I call rubbish and very close to madness.
Anyways the level of delusions and fable-like tales seem to be the norm in this thread so indulge the group to carry on,we are just watching from the sidelines.

Bros, if the "delusions and fable-like tales " are too much for you, please unfollow the thread and go sell your baskets of tomatoes na. Dont spread negative energy and toxicity here, please.

Leezah:

I am a salry earner and doa little side hustle which does not pay every time only when we have a job.

This money market you talk of I have seen their thread and read it but from what I read the rate is far less than the 10%. Sorry if I am asking too much questions

You are not asking too many questions, we are here to learn and not to have unnecessary confrontations


I have 2 money market fund investments. I have with FBN Quest Asset Management and FSDH Asset Management. They used to pay over 10% in the past.
Now FBN Quest pays me about 6%, while FSDH Asset Management pays me 6.75%.


But they will pick up whenever returns on Treasury Bills increases.

But it is providing income for some of us during this lockdown, you can redeem via your phone and you will receive credit alert in your account. Wifey redeemed 7 digits to make some investments during this lockdown

emmanuelewumi:



I have 2 money market fund investments. I have with FBN Quest Asset Management and FSDH Asset Management. They used to pay over 10% in the past.
Now FBN Quest pays me about 6%, while FSDH Asset Management pays me 6.75%.


But they will pick up whenever returns on Treasury Bills increases.

But it is providing income for some of us during this lockdown, you can redeem via your phone and you will receive credit alert in your account. Wifey redeemed 7 digits to make some investments during this lockdown

Thank you for this information.

ojesymsym:
I think you do offer a very different perspective and view sometimes. Even that statement you made had some sense it, but the problem in my opinion is that you consider discussions to be confrontations.
My takeaway from your point was that sometimes you stay in a neighborhood because of other things like children upbringing, security and social class, not necessarily because of showoff. But that great perspective got lost in the near insult and confrontation you added.

People should spend their money the way they want to, provided it is not putting a strain on their finances, you have extra to build your savings and investments and not spending to impress anyone.
We should also be honest with ourselves by downgrading our expenses whenever our finances cannot support such consumption nstead of getting into bigger debts in order to maintain status quo.

Or taking your landlords or school proprietor to court to prevent them from increasing their rents or fees.

odimbannamdi:


Bros, if the "delusions and fable-like tales " are too much for you, please unfollow the thread and go sell your baskets of tomatoes na. Dont spread negative energy and toxicity here, please.

If you had this kind of authority for real,I feel you would have been better off than looking for investment ideas from people that might be looking for maggi money.
Know your place and where your authority ends.
The only thing i believe is in your power to do is ignore my posts whenever you see them.
Thanks.

ojesymsym:
I think you do offer a very different perspective and view sometimes. Even that statement you made had some sense it, but the problem in my opinion is that you consider discussions to be confrontations.
My takeaway from your point was that sometimes you stay in a neighborhood because of other things like children upbringing, security and social class, not necessarily because of showoff. But that great perspective got lost in the near insult and confrontation you added.

Well,it is what it is.

Theconglomerate:
You expect me to answer this?

no

ahiboilandgas:
no

You get time sha

ahiboilandgas:
I refuse to move to lekki despite the fact i can afford it ...i didnt want to be subconsiously drag into catching up with the jones symdrome....once am in the mainland i dont notice my car but if i enter lekki wahala dont start...i start wondering oga wetin u dey do with this honda 2013 when u mates!!!!! They drive benz 2019 and range ....so after staying for 3 months i had to move ...i didnt want to be paying 700 naira to wash 1 shirt in a lundary 2000 to barb ....now i pay 400 to barb and 150 per shit home delivery

DEEP

ojesymsym:
I think you do offer a very different perspective and view sometimes. Even that statement you made had some sense it, but the problem in my opinion is that you consider discussions to be confrontations.
My takeaway from your point was that sometimes you stay in a neighborhood because of other things like children upbringing, security and social class, not necessarily because of showoff. But that great perspective got lost in the near insult and confrontation you added.

get the points clear if u can afford it ....in process of been frugal u don't move to ijora badia when u can afford alaka estate ...there is acceptable bench mark ...but u dont move to lekki and start paying 2m when u can easy pay 1m in alaka estate....there notting special kids in lekki would learn ...cos of bad influence and fakes everwhere ....but ikejia gra ,apapa gra ...we have more real

I doubt if they are same person. HS na just big grammar with no real practical, this one seems like a person who has also seen the street albeit he just likes presenting his point as if say na fight.
HS de argue but de avoid fights as much as possible

ahiboilandgas:
no need for this ...are u same person healthserve?

odimbannamdi:


Bros, if the "delusions and fable-like tales " are too much for you, please unfollow the thread and go sell your baskets of tomatoes na. Dont spread negative energy and toxicity here, please.

It will be impossible to unfollow the thread, expect he refuses to acknowledge the obvious . He must be learning one thing or the other from the thread.

No one comes here without becoming wiser and more informed and we are all learning from the knowledge imparted, experiences shared and cross fertilisation of ideas.

ahiboilandgas:
get the points clear if u can afford it ....in process of been frugal u don't move to ijora badia when u can afford alaka estate ...there is acceptable bench mark ...but u dont move to lekki and start paying 2m when u can easy pay 1m in alaka estate....there notting special kids in lekki would learn ...cos of bad influence and fakes everwhere ....but ikejia gra ,apapa gra ...we have more real

Rather we have more old money.
You can't go into Ikeja GRA and buy your way in to live there because most of those old money barons won't sell their house to you for no reason and might pick offence if you come meet them for a buying proposal.
So new generation kids that have made money have decided to move to Lekki and make it the new Ikeja GRA where nothing different is happening there from its predecessors asides being a new highbrow area.
Some rent,some buy.
Some have money,others don't.
You claiming Lekki is fake have no statistical base.
If a person can't afford something,he just can't.
Crying blood out here in the name of advise and pointing out who is real and who isn't won't change nothing.
People have been living in Lekki for 5 years and counting so how is the majority of them being fake hold water?
Won't there have been lots of empty houses there due to the fake life people running out of finance?rather year to year rents keep increasing due to the sheer demand for the place.
I always wonder why people always think that those highbrow dwellers aren't financially savvy or have no investments
They do and even have bigger investments that their lower social counterparts sef.
The difference is they just have more disposable income

How many of us here with millions are planning to relocate to Canada after these pandemic? let's know ourselves

Living and doing business in Nigeria is very frustrating and discouraging...

ahiboilandgas:
get the points clear if u can afford it ....in process of been frugal u don't move to ijora badia when u can afford alaka estate ...there is acceptable bench mark ...but u dont move to lekki and start paying 2m when u can easy pay 1m in alaka estate....there notting special kids in lekki would learn ...cos of bad influence and fakes everwhere ....but ikejia gra ,apapa gra ...we have more real

There are things kids will learn from the environment in lekki

emmanuelewumi,

Sir, as a salary earner and single, who's serious in investing, please proffer a typical monthly percentage guide to set aside for emergency funds, savings, Investment, monthly expenses. This will serve as a guide for those keen in becoming financially independent over time. Thank you

Theconglomerate:
Rather we have more old money.
You can't go into Ikeja GRA and buy your way in to live there because most of those old money barons won't sell their house to you for no reason and might pick offence if you come meet them for a buying proposal.
So new generation kids that have made money have decided to move to Lekki and make it the new Ikeja GRA where nothing different is happening there from its predecessors asides being a new highbrow area.
Some rent,some buy.
Some have money,others don't.
You claiming Lekki is fake have no statistical base.
If a person can't afford something,he just can't.
Crying blood out here in the name of advise and pointing out who is real and who isn't won't change nothing.
People have been living in Lekki for 5 years and counting so how is the majority of them being fake hold water?
Won't there have been lots of empty houses there due to the fake life people running out of finance?rather year to year rents keep increasing due to the sheer demand for the place.
I always wonder why people always think that those highbrow dwellers aren't financially savvy or have no investments
They do and even have bigger investments that their lower social counterparts sef.
The difference is they just have more disposable income

I don't think you got his point.

Ibk2020:
How many of us here with millions are planning to relocate to Canada after these pandemic? let's know ourselves

Living and doing business in Nigeria is very frustrating and discouraging...

I worked in Okomu briefly met some white folks, whenever they are leaving they are not always happy and I asked one why he said, Nigeria is one of the best places to live in because no taxes, we enjoy certain privileges because of our color

Leezah:

I don't think you got his point.

What was his point?

HoraCanada:
emmanuelewumi,

Sir, as a salary earner and single, who's serious in investing, please proffer a typical monthly percentage guide to set aside for emergency funds, savings, Investment, monthly expenses. This will serve as a guide for those keen in becoming financially independent over time. Thank you

Which book are you reading currently?

Theconglomerate:
What was his point?

You should stop arguing and refrain from back and forth talk.

Leezah:
You should stop arguing and refrain from back and forth talk.

That was his point?

Ibk2020:
How many of us here with millions are planning to relocate to Canada after these pandemic? let's know ourselves

Living and doing business in Nigeria is very frustrating and discouraging...

My neighbour who relocated to Canada last year is currently lamenting.

HoraCanada:
emmanuelewumi,

Sir, as a salary earner and single, who's serious in investing, please proffer a typical monthly percentage guide to set aside for emergency funds, savings, Investment, monthly expenses. This will serve as a guide for those keen in becoming financially independent over time. Thank you

Minimum of 10%,

u sure say non be because he non wan return money when he borrow from u?

emmanuelewumi:



My neighbour who relocated to Canada last year is currently lamenting.

Please my people, this just an information. I notice that once u have a substantial amount in ur account, u start getting scammers calls and text messages. If this is not an insider information, then means this scammers are using black power. But I think it has to do with insider info. Just be careful at this trying time, as many of them are out there looking for who to scam. As u dey hustle, na so them dey hustle too. Don't be a victim.

For a single person, his target should be 30%, so that when he marries, he can now drop to around 10%

emmanuelewumi:



Minimum of 10%,