Grupo:


I'm more of a fixed income person, although I started just last two years. I'm too lazy to learn about equities, stock, etc for now.

I think Theconglomerate has a point though. Some guys do what he's proposing. Maybe I should just sell my corolla and buy a Benz to join That Line of business. Hahaha.

You can make a lot of more in fixed income by compounding but it usually takes time i.e 10-15yrs. Most people use it as their retirement fund.

Goodluck in trying to catch rich women o
One day your hustle go blow

Grupo:


With the way you call years, sir, it seems many of the men here are already 40+ or 50+. Or could it be that you people started quite early?

Are there really many under 30 like me on this thread?

Under 30 here.

Emmaesty:
Yes we are here

Hellooooo.....

Emmaesty:


You can make a lot of more in fixed income by compounding but it usually takes time i.e 10-15yrs. Most people use it as their retirement fund.

Goodluck in trying to catch rich women o
One day your hustle go blow

Amen. Thanks.

Theconglomerate:
I hope you are not investing in fixed income sha,else you won't have anything left to invest when you get to their age..

What do you mean by this sir?

Theconglomerate:
Lol shebi when I said it you all said I'm crazy
It is only old,tired men that invest in all these instruments with mad volume of cash generated while they were our age from the real economy.
When I see all these 2million people here talking investments in fixed income I know that they are really slow in the head
It's better to use that your money and buy a big mercedes so you can look for a rich girl to deceive in your youth than to invest 2m for 200k PA...
Atleast the girl go pay you in the long run
I want see sujimoto or paddy adenuga start talking about buying bonds abi sukuk
Na to rush am go yabaleft ooo

This is quite a wrong analogy sir.

GonFreecss1:


What do you mean by this sir?

Depreciation,expenses,force majeure,government bankruptcy can wipe out that funds na.
Imagine 2mill growing to 5 mill after 10 years upon compounding
Don't this clearly tell anyone that these instruments weren't made to favour newbies or people with ground nut capital?

GonFreecss1:


Hellooooo.....

Hi

GonFreecss1:


This is quite a wrong analogy sir.

ok oo.

Emmaesty:


You can make a lot of more in fixed income by compounding but it usually takes time i.e 10-15yrs. Most people use it as their retirement fund.

Goodluck in trying to catch rich women o
One day your hustle go blow

Are you a rich woman? Your writing looks beautiful.

Emmaesty:


This might seem funny but it is the truth. It happens a lot in Abuja and Lagos Island.

Women need to wise up

Women won't ever wise up,this is a very old industry.
So long as women still crave marriage and have that Cinderella wedding as part of their programming,boys will continue to swindle them especially as they grow older.
The older the more vulnerable
Older women pay scatter,they can pay fire
If you see single woman that is comfortable in her late thirties or widow,omo you don jam cow weh carry milk for breast ooo

Theconglomerate:
This is called sure banka investment where I come from.
Na wetin dey pay boys for Abuja be this since 99 oo
If you succeed Marry am baba you don make am.
You know that kind wedding weh the groom no dey get confidence,na them ooo.
Just buy one clean E350 now 2016 model for 9m and pay 1 year rent for good place.
If you no catch rich girl weh go later bleed for you ehn,it means the guy no sharp at all.
Don't go for the flashy ones ooo,no no no!!!
Those ones that dress corporate all the time and drive prado only and hardly go out,the bored ones infact and most times semi ugly.
Na these ones dey bleed wella

and you will tell us that you are selling Tomatoes

Theconglomerate:
Depreciation,expenses,force majeure,government bankruptcy can wipe out that funds na.
Imagine 2mill growing to 5 mill after 10 years upon compounding
Don't this clearly tell anyone that these instruments weren't made to favour newbies or people with ground nut capital?

Tell me this...

Is Warren Buffet a Genius or someone who just consistently kept investing?

They said he started investing at the age of 13, now he is 89. Hmmn... 76 years difference.

If you compound 1 million naira at the rate of 10% per annum, in 76 years that money will be almost 1.4 billion naira. Take from that what you will.

The idea that everyone should try to make money fast doing? Is I don’t know. All economies have a fixed amount of money. Meaning for you to make a lot of money some other people have to not make money like you do. Not everyone’s business will succeed because of that. We can’t make more than the economy has. There can’t be 100 Dangote’s at the same time, e no fit work!

So let people invest in what they know and start from where they understand, with time they will grow! I can bet many here have jobs and are also investing in their Skills and careers! The 10K they invest monthly will be 100K monthly one day and then 1 million one day.

Seems what Barrytone and the other guys keep explaining here is not getting through to people’s head.

abraolas1:


and you will tell us that you are selling Tomatoes

tomatoes,salt,crayfish,pepper and recently added curry powder.
The conglomerate is expanding with a capital base of almost 72,000 naira
I'm a success

.

Emmaesty:
Hi

This is a faceless forum, but your name and the way you write looks beautiful.

I don’t have a benz, but I have small assets sha.

GonFreecss1:


Tell me this...

Is Warren Buffet a Genius or someone who just consistently kept investing?

They said he started investing at the age of 13, now he is 89. Hmmn... 76 years difference.

If you compound 1 million naira at the rate of 10% per annum, in 76 years that money will be almost 1.4 billion naira. Take from that what you will.

The idea that everyone should try to make money fast doing? Is I don’t know. All economies have a fixed amount of money. Meaning for you to make a lot of money some other people have to not make money like you do. Not everyone’s business will succeed because of that. We can’t make more than the economy has. There can’t be 100 Dangote’s at the same time, e no fit work!

So let people invest in what they know and start from where they understand, with time they will grow! I can bet many here have jobs and are also investing in their Skills and careers! The 10K they invest monthly will be 100K monthly one day and then 1 million one day.

Seems what Barrytone and the other guys keep explaining here is not getting through to people’s head.

What ifs d person died before 76 years. Who go come collect d money?

GonFreecss1:


Tell me this...

Is Warren Buffet a Genius or someone who just consistently kept investing?

They said he started investing at the age of 13, now he is 89. Hmmn... 76 years old?

If you compound 1 million naira at the rate of 10% per annum, in 76 years that money will be almost 1.4 billion naira. Take from that what you will.

The idea that everyone should try to make money fast doing? Is I don’t know. All economies have a fixed amount of money. Meaning for you to make a lot of money some other people have to not make money like you do. Not everyone’s business will succeed because of that. We can’t make more than the economy has. There can’t be 100 Dangote’s at the same time, e no fit work!

So let people invest in what they know and start from where they understand, with time they will grow! I can bet many here have jobs and are also investing in their Skills and careers! The 10K they invest monthly will be 100K monthly one day and then 1 million one day.

Seems what Barrytone and the other guys keep explaining here is not getting through to people’s head.

Very true.
But then I was just letting them know that their 2m investment in fixed income won't make them rich..
So far as they know this and they know what their return will be without being deluded with statements like their 1million naira will turn to 1.4B naira in 76years,then I've got no issues with it.
After all,some people were created to lag behind which is why capitalism is the successful model it is today

Sholapey:
If you've never been to Ireland yourself then never judge from afar and never judge a book by it cover. Ireland is a hidden treasure country that people like you look down on not knowing it's a God's own country, where your dreams, purpose, and many more good things comes true. Ireland gave people like me what my country nigeria with all resources has denied me. You sound like what you called them!!

My madame I have always had aspirations to one day be in ireland. I hope we relate well, as time goes by.

GonFreecss1:


This is a faceless forum, but your name and the way you write looks beautiful.

I don’t have a benz, but I have small assets sha.

Two of una don start, abi.

I call on the mods to ban two of them, please.

Grupo:


With the way you call years, sir, it seems many of the men here are already 40+ or 50+. Or could it be that you people started quite early?

Are there really many under 30 like me on this thread?

We full ground chief

EkperemoEgbabi:



What ifs d person died before 76 years. Who go come collect d money?

You are not getting me sir. 76 years was the Warren Buffet time difference.


In your case 20 years with enough compounding from your salary and not just a single 1 million naira will make a difference.

I didn’t say continuous adding of money o. I said 1 million compounded annually at 10% for 76 years. There is a lot to learn from that. Not death, lol!

Theconglomerate:
No try that Ireland especially for someone with limited means like you say.
I get homies there but their parents get money so after their studies they have a soft landing spot back here in Nigeria.I don't think you have that,do you?
They are very backward people and are racist meaning they won't even hire a motherland nigga(hardly) so it is very certain you are coming back home after you postgraduate studies to come start afresh again
Go Canada thread I think that 14k you talk about is enough,forget engineering if you ask me.
Look for short professional programs you can do and cash out early like nursing.
One year plus max and you start making 30bucks an hour rather than that engineering you are calling that no one might hire you,you don't even have the funds to study it or they deport your ass immediately after studies to the shithole.
Better than go Ireland in your case better use that money open shop,it will always pay you on the long run if you are serious and consistent.

You are absolutely right. Ireland will help him waste his life . Glad to see honest people talk .

Theconglomerate:
Very true.
But then I was just letting them know that their 2m investment in fixed income won't make them rich..
So far as they know this and they know what their return will be without being deluded with statements like their 1million naira will turn to 1.4B naira in 76years,then I've got no issues with it.
After all,some people were created to lag behind which is why capitalism is the successful model it is today

Everyone knows this. Some people are good at working and building their careers.

One day they will get to a stage they can invest a million every month.

Some people na business, they can keep reinvesting in their business.

The lesson here is learning what works for you. Not what others say works for them.

Grupo:


Two of una don start, abi.

I call on the mods to ban two of them, please.

Why you wan drop sand for my garri?

I thought you were my guy.

Sholapey:
If you've never been to Ireland yourself then never judge from afar and never judge a book by it cover. Ireland is a hidden treasure country that people like you look down on not knowing it's a God's own country, where your dreams, purpose, and many more good things comes true. Ireland gave people like me what my country nigeria with all natural resources has denied me. You sound like what you called them!!

Where my legs have been and what my eyes have seen is better left imagined.
People have success stories even from present day Syria.
The big question is,will it be so for the majority?
Even in Nigeria that you said denied you everything,people made it here.
I just gave the guy guidelines according to his situation and I wont be bothered if he don't follow them.
He can go and gamble with his trustfund

Sholapey:
If you've never been to Ireland yourself then never judge from afar and never judge a book by it cover. Ireland is a hidden treasure country that people like you look down on not knowing it's a God's own country, where your dreams, purpose, and many more good things comes true. Ireland gave people like me what my country nigeria with all natural resources has denied me. You sound like what you called them!!

Sister sholapey , I'm in Ireland, tell us more about how great it is.

Eg where do you work?

GonFreecss1:


My madame I have always had aspirations to one day be in ireland. I hope we relate well, as time goes by.

Ireland is a home to all ethnic compared to Africa where their racism among themselves are from the pit of hell...once you're law abiding citizen you're good to go. I became an Irish citizen within 5years of my arrival.

GonFreecss1:


Not necessarily. Do not underestimate compounding.

This is something sir Barrytone and co have been telling you all from day 1. Sometimes you don’t need to overthink things.

You're missing the point. I'm not sure how I underestimated compounding

GonFreecss1:


This is a faceless forum, but your name and the way you write looks beautiful.

I don’t have a benz, but I have small assets sha.

NL wedding loading
Venue: Zoom

.

Sholapey:
Ireland is a home to all ethnic compared to Africa where their racism among themselves are from the pit of hell...once you're law abiding citizen you're good to go. I because an Irish citizen within 5years of my arrival.

Wow! That is cool.

I agree. African prejudice against themselves is something else. Black man hating on black man.