unite4real:


I opened with Morgan Capital and the minimum to start trading was N5,050.00

After that, you can even test the waters by buying shares worth 50 Naira or even less

unite4real:


I opened with Morgan Capital and the minimum to start trading was N5,050.00

After that, you can even test the waters by buying shares worth 50 Naira or even less, like 2 units of zenith bank and 2 units of First bank shares

drotba:


You can hide your account numbers sir

drotba:


You can hide your account numbers sir

SMJay:
UPDATE!

The tenants has left and has paid all amount due to me.

emmanuelewumi:



That is the account number of the Stockbroking firm and it is in the public domain

deleson:
Are Nigerians poor because they lack money OR because they lack money-management skills?

This is an excerpt from an article on the savings culture of Nigerians.

“According to the International Monetary Fund, the gross savings rate in Nigeria* stands at 15%, far below China at 49% and even below the savings rates in South Africa and Angola.

This discrepancy between the Nigerian attitude towards savings and our actual actions begs the question – why do Nigerians fail to save?”

Source: https://www.stearsng.com/article/the-luxury-of-saving?__twitter_impression=true

PuZZyNegro:


Thank you. I read the tenure is 7 years

Satoshi2019:
Financial illiteracy.
Instant gratification.
Money is meant to be spent attitude.
Just to mention a few

Barrytone:


They left but with 3 months rent and left NEPA bill. Last I heard of them was the day they packed out but was denied access by new landlord. Were stranded and move property to mothers place where they slept. I didn't follow up again to know how it ended but I know they were in mothers place for about a week. Just happy they left me. Flat is vacant and I not accepting tenants, I just lock it and leave it for peace of mind.

ukay2:


Sir, your loosing money oo

Let your Lawyer help you rent the vacant flat

Barrytone:


Not all money needs to be chased. We allow some go to others. My peace can't be compared to the rent, the fact that I visited police station, sat down and waste time hurts me. Will convert it to my guest house, were I will entertain guest without disturbing my family.

ojesymsym:
My second sting with shares in 2013/14 was with ECL, looks like they went out of the market. Any ideas about them?
I have been trying to move my shares from them into Morgan. The process is on Sha.

emmanuelewumi:



Is your branch in Lagos? Are you a senior citizen?


Rules can be bent sha.


They found out that 90% of people in the banking hall are for transactions of 100k and below, it is a way of decongesting the banking hall and for people to embrace the cashless policy

arduino:

ICL too went out of market in 2018, customers were automatically moved to GTI. Except for their high commissions (buy - 1.812% and Sell - 2.127%), they Customer Care is really wonderful and the trading website mobile friendly. I use Morgan for long-term investment and GTI for kalo-kalo and Jijo stock trading.

unite4real:


I opened with Morgan Capital and the minimum to start trading was N5,050.00

After that, you can even test the waters by buying shares worth 50 Naira or even less, like 2 units of zenith bank and 2 units of First bank shares

joboy834:


Your account will actually be funded with N5k and can be completely used for trading. The N50 is for stamp duty.

arduino:

ICL too went out of market in 2018, customers were automatically moved to GTI. Except for their high commissions (buy - 1.812% and Sell - 2.127%), they Customer Care is really wonderful and the trading website mobile friendly. I use Morgan for long-term investment and GTI for kalo-kalo and Jijo stock trading.

Towma:
Please who knows how secure trustbanc microfinance bank are?
I wanted to place some money in their fixed deposit and I dont want to lose it.

modgba:
FG Pays N609bn Interest to T-Bills, Bond Investors
https://businesspost.ng/economy/fg-pays-n609bn-interest-to-t-bills-bond-investors/

ukay2:


Sir, your loosing money oo

Let your Lawyer help you rent the vacant flat

Towma:
Please who knows how secure trustbanc microfinance bank are?
I wanted to place some money in their fixed deposit and I dont want to lose it.

emmanuelewumi:


The few who save, spend most of their savings on frivolities and the cycle continues

Satoshi2019:
Financial illiteracy.
Instant gratification.
Money is meant to be spent attitude.
Just to mention a few

Nigsrdumb:

Don't do mutual funds, tb or anything like that.
Go for better options like stocks and bonds.
I can give you tips on where to start but this thread is strictly tb.

unite4real:


I opened with Morgan Capital and the minimum to start trading was N5,050.00

After that, you can even test the waters by buying shares worth 50 Naira or even less, like 2 units of zenith bank and 2 units of First bank shares

ojesymsym:
Was it ECL you wanted to write or ICL is a different company?
Where was ECL customer moved to?
Same with quantum securities.

seyisanya:
Isn't it meant to be the other way around? I think you're meant to trade with the one that charges low commissions while you invest long term with the one that charges high commissions. Or am I missing something?

modgba:
FG Pays N609bn Interest to T-Bills, Bond Investors
https://businesspost.ng/economy/fg-pays-n609bn-interest-to-t-bills-bond-investors/

ahiboilandgas:
dollar is not our currency for exchange of service ..americans dont use naira either......

Thisnut:
when a country is dependent on import, dollar becomes her currency by default.

My sister bought audi 80 at 350k naira about 10years ago, today that car is being priced at 500k naira. Does it mean the value of the car went up? Absolutely no, it's the value of naira that went down.

Truth be told sir, dollar is Nigeria's first currency, while naira is her second currency. From airline booking, vacation, electronic, furniture and other household goods, transportation, clothing, food items are all controlled by dollar. The other day, a lady was telling a market woman selling garri that the price was too high, the market woman responded that " madam dollar don go up.

If you kept dollar at one dollar to naira @180 in 2014 without single investment and sell at 455 naira today you would have made 152.7 percent increase. 455-180/180*100.


True, America don't use naira, even benin Republic next door don't use it either.