Sholapey:
Some people are like that, they give when you're below them but surprisingly become your hidden enemy when you're doing better than them. You can't change their mindset because of the spirit of limitation in them. Adjust, don't say or show them what they hate to see or hear.

You don't need to do better than them, you become their enemies when you become independent and don't need handouts from them again..

I think a billionaire should be able to create a minimum of 10 millionaires.

emmanuelewumi:



You don't need to do better than them, you become their enemies when you become independent and don't need handouts from them again..

I think a billionaire should be able to create a minimum of 10 millionaires.

Gbam.......

Information and good advice are also valuable, I was very happy when a young guy who teaches Music in a big private school on the Island and also has a music band that plays at Owambe parties on weekends.

Called to thank me concerning the advice I gave him about 8 years concerning Investments, he claimed he was affected by the pandemic no weekend shows and 30% salary was being paid but thank God for his portfolio Investments that gave him coupons and dividend payments of over 900k between April and June 2020

Sholapey:
Some people are like that, they give when you're below them but surprisingly become your hidden enemy when you're doing better than them. You can't change their mindset because of the spirit of limitation in them. Adjust, don't say or show them what they hate to see or hear.

Exactly what i am currently facing... infact part of the reason why i have not be steady here
Someone who i first assisted o and decided to reward me back... long story short, as things begin to look a little rosy... the kind of attack, hatred, envy, jealousy etc i get from him plus the ones i heard he said behind me... its becoming unbearable but i believe Wisdom is profitable to direct...

Shockingly, i don't make up to 25% of what he makes in a month... its disheartening that this is coming from someone i first helped, someone i cheerish...
Its sha well

emmanuelewumi:



You don't need to do better than them, you become their enemies when you become independent and don't need handouts from them again..

I think a billionaire should be able to create a minimum of 10 millionaires.

All correct sir...
Becoming independent makes them go crazy

NL1960:


It is not an emotional thing of who needs the loan the most. It is a business decision and there is no emotions in business.

The vanishing might be that it is moved out to other accounts in other banks. Do not forget that the bank knows where every transfer made goes to. So why should a bank send you an sms or email when they do not even have an amount to work with?.

Look at this example:

Balance at start of day: N1,000.00

Salary Inflow: N100,000.00

Outflow: N100,000.00

Balance at close of day: N1,000.00

Net change: Balance at close of day - Balance at start of day = N1,000.00 - N1,000.00 = 0

Loan amount to be given: = Net change * parameter1 * parameter2 * parameterN = 0 *parameter1 * parameter2 * parameterN = N0.

So you want the bank to send an sms alert or email to the customer that he/she is due for a loan of N0?.

If the deduction is automatic on salary credit then balance factor is of no significance. Is the inflow that is d most important factor not balance. I can decide to suddenly withdraw d attractive balance or change my pattern. I used to have large balance as result of left over from salary, now I keep not more than 50k.

In d case u stated above d scenario could probably be 10% or less of ur monthly income by 3 years, giving u have been earning same in d last 5years or more.

10% of 100,000 x 12 x 3 = #360,000

oluwaleokey:


All correct sir...
Becoming independent makes them go crazy

It is an African thing, my boss met me at an Asset Management firm in Ikoyi about 15 years ago. Thank God, I didn't no go during office hours I went there during my annual leave. She asked what was I doing in that place? Do you know the type of people who go there ?


She still called me to come and see in the office eventhough I was on vacation ooo. She later got to know that I have been a client for about 5 years and got a margin trading facility.

I never returned to that place of work after my vacation.


As employers and bosses we have the duties of giving quality advise to our workers and subordinates especially those that will help in their finances, investments, relationship and careers

emmanuelewumi:



You don't need to do better than them, you become their enemies when you become independent and don't need handouts from them again..

I think a billionaire should be able to create a minimum of 10 millionaires.

very true when i open cement warehouse i told him the product was on credits....he ask me the sale and revenue i told him ...he told me to look for dealership for him but never established....

ahiboilandgas:
if i buy a 2018 benz today and show him he will say whaoo nice ....i will buy a 2020 my bmw 2016 is old now ... .

That's a trait of enviness, when you buy or achieve a new milestone and instead of your friends to congratulate you and enjoy the moment with you but instead start complaining on how he would have achieved same if not because of this or that, shows he's not really happy for you and his wish are, why him, why not me or both of us. The point is many people are in a silent race with you unknown to you, so when you leave them behind, they get hurt.

emmanuelewumi:


It is an African thing, my boss met me at an Asset Management firm in Ikoyi about 15 years ago. Thank God, I didn't no go during office hours I went there during my annual leave. She asked what was I doing in that place? Do you know the type of people who go there ?


She still called me to come and see in the office eventhough I was on vacation ooo. She later got to know that I have been a client for about 5 years and got a margin trading facility.

I never returned to that place of work after my vacation.


As employers and bosses we have the duties of giving quality advise to our workers and subordinates especially those that will help in their finances, investments, relationship and careers

oga why is is it so

Akin3891:


That's a trait of enviness, when you buy or achieve a new milestone and instead of your friends to congratulate you and enjoy the moment with you but instead start complaining on how he would have achieved same if not because of this or that, shows he's not really happy for you and his wish are, why him, why not me or both of us. The point is many people are in a silent race with you unknown to you, so when you leave them behind, they get hurt.

We are wired differently, I don't even expect congratulations from people. A car is a machine to move me from point A to B, why do I need the congratulations in the first instance because I have the toy.


I won't equate the inability of others to congratulate me as envy, at times we need to ignore and not harbour certain conclusions.

emmanuelewumi:



You don't need to do better than them, you become their enemies when you become independent and don't need handouts from them again..

I think a billionaire should be able to create a minimum of 10 millionaires.

Like I always say
Its still boils down to the mentality prevalent in Nigeria in particular and Africa in general.


The crab in a bucket mentality


The "Head Negro In Charge" mentality

emmanuelewumi:
Information and good advice are also valuable, I was very happy when a young guy who teaches Music in a big private school on the Island and also has a music band that plays at Owambe parties on weekends.

Called to thank me concerning the advice I gave him about 8 years concerning Investments, he claimed he was affected by the pandemic no weekend shows and 30% salary was being paid but thank God for his portfolio Investments that gave him coupons and dividend payments of over 900k between April and June 2020

He will forever remain grateful to you Sir..

This pandemic is a good lesson for us to invest no matter how small it might be....

Passive incomes always pay at the end of the show

Akin3891:


That's a trait of enviness, when you buy or achieve a new milestone and instead of your friends to congratulate you and enjoy the moment with you but instead start complaining on how he would have achieved same if not because of this or that, shows he's not really happy for you and his wish are, why him, why not me or both of us. The point is many people are in a silent race with you unknown to you, so when you leave them behind, they get hurt.

I have followed your last few comments here

You must have had unsavoury experiences in the past

emmanuelewumi:


It is an African thing, my boss met me at an Asset Management firm in Ikoyi about 15 years ago. Thank God, I didn't no go during office hours I went there during my annual leave. She asked what was I doing in that place? Do you know the type of people who go there ?


She still called me to come and see in the office eventhough I was on vacation ooo. She later got to know that I have been a client for about 5 years and got a margin trading facility.

I never returned to that place of work after my vacation.


As employers and bosses we have the duties of giving quality advise to our workers and subordinates especially those that will help in their finances, investments, relationship and careers

You see what I am saying?

oluwaleokey:


Exactly what i am currently facing... infact part of the reason why i have not be steady here
Someone who i first assisted o and decided to reward me back... long story short, as things begin to look a little rosy... the kind of attack, hatred, envy, jealousy etc i get from him plus the ones i heard he said behind me... its becoming unbearable but i believe Wisdom is profitable to direct...

Shockingly, i don't make up to 25% of what he makes in a month... its disheartening that this is coming from someone i first helped, someone i cheerish...
Its sha well

This is unfortunate

Sorry about your experiences

ukay2:


He will forever remain grateful to you Sir..

This pandemic is a good lesson for us to invest no matter how small it might be....

Passive incomes always pay at the end of the show

In fact the guy started buying bonds before me his adviser, he got a total coupon of over 400k.

oluwaleokey:


Exactly what i am currently facing... infact part of the reason why i have not be steady here
Someone who i first assisted o and decided to reward me back... long story short, as things begin to look a little rosy... the kind of attack, hatred, envy, jealousy etc i get from him plus the ones i heard he said behind me... its becoming unbearable but i believe Wisdom is profitable to direct...

Shockingly, i don't make up to 25% of what he makes in a month... its disheartening that this is coming from someone i first helped, someone i cheerish...
Its sha well

It breaks my heart to see people I hold in high esteem behaves in such manner ones they see you doing better for yourself. Now I have choose to keep my good news to myself because of people like that.

ahiboilandgas:
oga why is is it so

It's the society

Its the mentality

It's the way many Nigerians were raised


And j also say sometimes that its the colonial experience we had


When people have been oppressed for so long
They then seek who to oppress


That's why African leaders are largely like the way they are

They want to continue the plundering from where the colonialists left

So that thinking of wanting to put others in "their place" and "beneath you" is just the issue

Sholapey:
It breaks my heart to see people I hold in high esteem behaves in such manner ones they see you doing better for yourself. Now I have choose to keep my good news to myself because of people like that.

As you are doing better for yourself

Their perception then becomes

"THIS ONE IS NO LONGER UNDER ME O, OR DEPENDENT ON ME"

as the case may be


And that troubles them (those who think that way)

And that's when the funny behaviours then start

From the snide remarks
To the smirk looks

And for some terrible folks

Diabolical moves

emmanuelewumi:



In fact the guy started buying bonds before me his adviser, he got a total coupon of over 400k.

Very good guy......once the "investment spirit" is activated in an open mind, the person goes into expansion and continues to move.

It gives joy seeing your boy you mentored doing well Sir.

please can someone explain to me how bond works assuming i have ₦1m at rate of 15% for like 5 years, will they still give me my ₦1m back and how much will i be collecting per month or per quater etc?

cos i read some one say ₦10m bond would av turned to ₦48m in some years like that

Sholapey:
It breaks my heart to see people I hold in high esteem behaves in such manner ones they see you doing better for yourself. Now I have choose to keep my good news to myself because of people like that.

like how will you do that ?like if u complete a new house?that why i like bonds and tb very discreet....my mentor sold land for 280m everbody jick and harry knows they even know he bought it for 120m .....but same man have billions in money markets instruments and securties without any noise ....

opomulero:
please can someone explain to me how bond works assuming i have ₦1m at rate of 15% for like 5 years, will they still give me my ₦1m back and how much will i be collecting per month or per quater etc?

cos i read some one say ₦10m bond would av turned to ₦48m in some years like that

Watch out for the next primary market offering, it is better for a newbie to start from there.

See what we have been saying. Shey a few weeks back when we were saying everyone should try and make the sacrifice of saving and investing, some people were making it look like we were being elitist and asking what of teachers. This is a teachers now clearly stated in your example who sought advice and made the sacrifice. I can almost swear that it was not easy for him when he started the investment and savings process but today he is better off for it.
Now his fellow teachers may become envious of him even the principal who is supposed to be receiving more salary.

emmanuelewumi:
Information and good advice are also valuable, I was very happy when a young guy who teaches Music in a big private school on the Island and also has a music band that plays at Owambe parties on weekends.

Called to thank me concerning the advice I gave him about 8 years concerning Investments, he claimed he was affected by the pandemic no weekend shows and 30% salary was being paid but thank God for his portfolio Investments that gave him coupons and dividend payments of over 900k between April and June 2020

emmanuelewumi:
Information and good advice are also valuable, I was very happy when a young guy who teaches Music in a big private school on the Island and also has a music band that plays at Owambe parties on weekends.

Called to thank me concerning the advice I gave him about 8 years concerning Investments, he claimed he was affected by the pandemic no weekend shows and 30% salary was being paid but thank God for his portfolio Investments that gave him coupons and dividend payments of over 900k between April and June 2020

Please do share with us the same advice you shared with him or better still any advice for upcoming investors with small funds like us. We learn everyday. Thanks

oluwaleokey:


All correct sir...
Becoming independent makes them go crazy

But continue to help regardless of their attitudes

Givers never lack. .....

ahiboilandgas:
like how will you do that ?like if u complete a new house?that why i like bonds and tb very discreet....my mentor sold land for 280m everbody jick and harry knows they even know he bought it for 120m .....but same man have billions in money markets instruments and securties without any noise ....

I have learnt do Briefcase Portfolio Investments.

No Headaches and Noises

Sholapey:
It breaks my heart to see people I hold in high esteem behaves in such manner ones they see you doing better for yourself. Now I have choose to keep my good news to myself because of people like that.

Always better to keep good news to yourself and let people find out..


A parishioner was absent from the church for 2 weeks, the pastor now decided to visit him at home.

When the pastor got to his house, he was surprised at the size of his Mansion and numbers of exotic cars in his garage. The man comes to church on Sunday with just 2 average cars. Unfortunately the pastor did not meet the man at home, he met his domestic staff.

When the man came back, he decided to visit the pastor for checking on him. That he was sorry he travelled out of the country for 3 weeks for his vacation

The Pastor said sir, why are you hiding God's blessings. You are so blessed, but you hardly give testimonies about your wealth, blessings etc. You even traveled to US for your vacation, you did not testify that you got a Visa to US.

Infact the parishioner was surprised, if not embarrassed.

barrydiv7:


Please do share with us the same advice you shared with him or better still any advice for upcoming investors with small funds like us. We learn everyday. Thanks

All the things we have been discussing here. Little drops of water makes the big ocean. The journey of a thousand mile starts with a step.

Don't live to impress anyone. Live below your means. Invest and have multiple streams of passive income. Avoid High Yield Investment Schemes and Ponzi schemes.

Slow and steady wins the race

Lol... billing don start be dat. In short, the next Sunday sermon go be on that topic.

The village people wen we de accuse for our woes may even be innocent, na the co-city dwellers be even the village people while the village people de carry on with their simple activities.

emmanuelewumi:


Always better to keep good news to yourself and let people find out..


A parishioner was absent from the church for 2 weeks, the pastor now decided to visit him at home.

When the pastor got to his house, he was surprised at the size of his Mansion and numbers of exotic cars in his garage. The man comes to church on Sunday with just 2 average cars. Unfortunately the pastor did not meet the man at home, he met his domestic staff.

When the man came back, he decided to visit the pastor for checking on him. That he was sorry he travelled out of the country for 3 weeks for his vacation

The Pastor said sir, why are you hiding God's blessings. You are so blessed, but you hardly give testimonies about your wealth, blessings etc. You even traveled to US for your vacation, you did not testify that you got a Visa to US.

Infact the parishioner was surprised, if not embarrassed.

emmanuelewumi:



All the things we have been discussing here. Little drops of water makes the big ocean. The journey of a thousand mile starts with a step.

Don't live to impress anyone. Live below your means. Invest and multiple streams of passive income. Avoid High Yield Investment Schemes and Ponzi schemes.

Slow and steady wins the race

And to add
Consistency is the key

Make it a habit to set aside something every month JUST FOR INVESTMENT

A young lady I advised years ago to be setting aside some money every month just for investment CONSISTENTLY (not you this month, skip the next two months, then half payment for the fourth month)
She is reaping the benefits


And she greets me very well anytime we get to encounter

That's just what I wanted to add @barrydiv7


When investment becomes a HABIT
It sticks with u forever