RayRay06677:
Being learning a lot here, I personally decides to risk 5m last week on the ponzi. 2m for 50% quarterly, 2m for 15% monthly and 1m for 20%. 3 different forex trading firms in Uyo. I advise against it but I needed to take a risk, have been extra careful in my investment years and I think giving out that chunk is cool. Was even thinking of taking it to 30m but I will wait and see how my 5m crashes. (all 3 firms at once).

Best of luck. Life is a risk and money must be made. If we no get money, wetin we gain. But before you risk your N30m, hope you have N100m and above stashed safely somewhere. Don't be like those who have N40m and will risk N30m on a high risk investment and start shedding premium tears when kasala burst. Cos N30m compounded annually for N10years @15% interest rate per annum with N100k monthly deposits can reach N147m. But person go come lose that kain big money because of impatience and greed. When you have N30m and above, time is your ally.

...

Exactly, what could he mean by that ?
Could he mean using the name of Jesus to ... is the one he knows ?

IamR:

He said Jesus scheme

I make too much noise to financial illiterates that think someone with a lazy youth moniker cannot teach them a thing or two about investing

bjtinz:


You're making too much noise

15% interest rate in what safe investment?

Phraences:


Best of luck. Life is a risk and money must be made. If we no get money, wetin we gain. But before you risk your N30m, hope you have N100m and above stashed safely somewhere. Don't be like those who have N40m and will risk N30m on a high risk investment and start shedding premium tears when kasala burst. Cos N30m compounded annually for N10years @15% interest rate per annum with N100k monthly deposits can reach N147m. But person go come lose that kain big money because of impatience and greed. When you have N30m and above, time is your ally.

Ogbeni, you keep talking rubbish. You know nothing about currency trading and investments. I saw your amateurish posts and I knew you were a pretender immediately. You think say na by coming to Nairaland to spew trash to people that do not know? Most of you are talking down to me because of my moniker and would probably be bowing to me if I came with a moniker saying Baba 70 . But I guarantee you that the best of you cannot come close to me when it comes to finance and investments. This is a faceless public forum where any frustrated human being can come and be claiming expert. With the exception of one or two individuals on this thread who actually know what they are talking about, the rest of you so called experts are just learners and amateurs. That’s a fact!

SamReinvented:


There are certain people we shouldn’t waste valuable typing time on. Forget that guy.

He/she was the same one I was telling about the basics of currency trading/investment, and was telling me if I was God who knows when a currency has peaked or is low enough. I knew from that point that he/she is probably one of those who invest based on Inshallah or Jesus is Lord. No logic whatsoever. Now, he/she is making another case for “no one knows tomorrow” BS for SEC regulated investments. I’m not surprised.

ojesymsym:
Not exactly so sir.
It will take the worse of events for all 7 banks (in this case) to go down at the same time. The reason I suggested this is to reduce exposure, not to eliminate it. Apart from banks going under, these days when you have hackers looking for accounts, you still have to reduce your exposure so that they dont wipe you out if you have just one account. If the bank that has your 200M goes under, you may still have your 800M across other banks, Anyway, I am only speculating.

As oga Ema has suggested, follow the news of your bank to know their state at each time to avoid stories that touch. But I imagine a bank going through tough times will find it very hard to release your 1B to you, even the 200M go hard them sef.

it will be difficult for you to lose all your money when a bank goes under especially if the bank had assets that could be sold. NDIC only insures a portion (up to 500k) if the assets of the bank when it has all being liquidated isn't able to cover 100% of all the deposits. I.e a bank goes under and its assets is sold thereafter the money réaliséd will be able to pay only 80% of all deposits you will get 80% of the money you had with them and then the remaining 20%will come from the pocket of NDIC (as long as it's not more than 500k). What I am trying to say is if the bank is rich you are safe to a certain extent

Lazyyouth4u:
Ogbeni, This is a faceless public forum where any frustrated human being can come and be claiming expert.

Just look at your username. Are you a frustrated human being?

With the exception of one or two individuals on this thread who actually know what they are talking about, the rest of you so called experts are just learners and amateurs. That’s a fact!

i would like to ask you if you know what you have been talking about?

RayRay06677:
I advise against it but I needed to take a risk, have been extra careful in my investment years and I think giving out that chunk is cool.

You actually sound like someone that is addicted to gambling, see taking risk for the sake of risk taking is a very bad advise. I know making money involves speculation but then if you want to keep your money the speculation had better be well informed.

Was even thinking of taking it to 30m but I will wait and see how my 5m crashes. (all 3 firms at once).

i personally don't think you have learnt anything there, else you won't be thinking of putting 30m on something you say is probable à ponzi scheme.

garugaru:

[s]Just look at your username. Are you a frustrated human being?

i would like to ask you if you know what you have been talking about?[/s]

Hahaha look who’s talking. Person with garu garu moniker na him dey ask me question about my moniker? . Waste of time to even dey reply to nonesense. I jump and pass.

RayRay06677 post=93846751[b:
]Being learning a lot here,[/b] I personally decides to risk 5m last week on the ponzi. 2m for 50% quarterly, 2m for 15% monthly and 1m for 20%. 3 different forex trading firms in Uyo. I advise against it but I needed to take a risk, have been extra careful in my investment years and I think giving out that chunk is cool. Was even thinking of taking it to 30m but I will wait and see how my 5m crashes. (all 3 firms at once).

Unlearn that you have learnt and start learning afresh, ponzi is not part of the curriculum on this thread so bounce.

Grupo:


Lol. How many times are you going to tell us this?

At this point, I think this is your strategy to get naive people to ask you about the ponzi so you can proceed to introduce them to a fraudulent scheme you are part of.

Sorry sir, didn't remember I told you, when you use we, you and who? Anybody that genuinely made money and can't guard it can equally loose it. Those that intend coming, please stay where you are, I wouldn't even accept dm. Am fraudulent, please don't contact me. Contact him for everything because he is a saint. Once again I don't need followership oooo, don't come. As for the ponzi, sir I mentioned it already, it's forex though not ponzi but it's capable of wiping capital hence my using the term ponzi to console myself.

XiaoLi:
I will rather use that money for charity instead of ponzi.

Bros, been careful with this guy's since 2018 yet people are cashing out, was using TBills to console myself but now it's gone. I took a risk I can over look

Phraences:


Best of luck. Life is a risk and money must be made. If we no get money, wetin we gain. But before you risk your N30m, hope you have N100m and above stashed safely somewhere. Don't be like those who have N40m and will risk N30m on a high risk investment and start shedding premium tears when kasala burst. Cos N30m compounded annually for N10years @15% interest rate per annum with N100k monthly deposits can reach N147m. But person go come lose that kain big money because of impatience and greed. When you have N30m and above, time is your ally.

Please sir, where is the 15%, took a risk I can overlook, 5m can slip. Still contemplating 30m to cash out 5m monthly. This game has been on for more than 2 years. Over careful is making me watch others cash out. I know now that I have invested, they will run, am ready

garugaru:

You actually sound like someone that is addicted to gambling, see taking risk for the sake of risk taking is a very bad advise. I know making money involves speculation but then if you want to keep your money the speculation had better be well informed.

i personally don't think you have learnt anything there, else you won't be thinking of putting 30m on something you say is probable à ponzi scheme.

I do no gamble, only gambled once while in school when one kolo was given me game for six straight weeks and it played but I wasn't playing so the 7th week I played and got 3k, 8 week I played 1k but failed and I ran away with their 1k5 till date because I know they are waiting to get it back. After tense deliberation with friends and wife, I decided to throw away my hard earned 5m. Legs crossed and see what comes out. Thanks for your concern.

RayRay06677:


Please sir, where is the 15%, took a risk I can overlook, 5m can slip. Still contemplating 30m to cash out 5m monthly. This game has been on for more than 2 years. Over careful is making me watch others cash out. I know now that I have invested, they will run, am ready

Barrytone, is this your new handle?

Lol. You can't hide.

Akin3891:


Unlearn that you have learnt and start learning afresh, ponzi is not part of the curriculum on this thread so bounce.

Lately everything goes here as rates are dead, is forex trading really a ponzi scheme, I doubt

gradually this thread don de turn beefing and dissing zone. I just dey pass

Enyinne:
And i ask u again , how my problem is ur headache? times can continue to bring u down with ur negative mindset. Your fears hv conquered u hence u want to draw people into ur Negativity. Kindly stay clear of my affairs until ur consulted for financial advice

Consumed by my negativity?
So because I refuse to partake in utter foolishness makes me negative or afraid to take risk?
If I talk about risk taking,your naive ass is suppose to sit and take notes and not utter a word,but receive pure wisdom.
See who's telling me about risk?
I just don't take foolish,uncalculated risk that makes me helpless in the process not that my risk appetite is small.

Grupo:


Barrytone, is this your new handle?

Lol. You can't hide.

You are right, just couldn't miss you guys. Reason I left or changed handle, someone mentioned my surname so I felt he must have known me in real life and am busy mentioning millions, Me that is a regular Joe in town. Realized we exchanged mails and he got my name. Reason I wouldn't accept mails. Everything ends here, anything we can't discuss here can wait. Grateful and appreciate everybody here.

RayRay06677:


You are right, just couldn't miss you guys. Reason I left or changed handle, someone mentioned my surname so I felt he must have known me in real life and am busy mentioning millions, Me that is a regular Joe in town. Realized we exchanged mails and he got my name. Reason I wouldn't accept mails. Everything ends here, anything we can't discuss here can wait. Grateful and appreciate everybody here.

Ah! Welcome. Sorry about my earlier assertion though.

But why would you create a Nairaland account using your official email? You should have created a dummy email for that purpose.

Grupo:


Ah! Welcome. Sorry about my earlier assertion though.

But why would you create a Nairaland account using your official email? You should have created a dummy email for that purpose.

Never knew we could reach one another via mail, learning by the day.

My first thought was that it was Barrytone, but Barry does not seem to be someone to take a Forex risk, someone that would not even go into bonds. That reasoning made me decide the two personality are not in tandem, but the drama of this morning where a similey respectable moniker on this thread came in another form to be throwing insults left and right means one can no longer fully know who each personality are.

Too many confusing double monikers nowadays

The day oga Ema will come with another moniker to start promoting ponzi schemes is the day I will hands up fully and give up on humanity, for now, I am still holding on to a thin thread

Grupo:


Barrytone, is this your new handle?

Lol. You can't hide.

ojesymsym:
My first thought was that it was Barrytone, but Barry does not seem to be someone to take a Forex risk, someone that would not even go into bonds. That reasoning made me decide the two personality are not in tandem, but the drama of this morning where a similey respectable moniker on this thread came in another form to be throwing insults left and right means one can no longer fully know who each personality are.

Too many confusing double monikers nowadays

The day oga Ema will come with another moniker to start promoting ponzi schemes is the day I will hands up fully and give up on humanity, for now, I am still holding on to a thin thread

Hahaha...He will never.

ojesymsym:
My first thought was that it was Barrytone, but Barry does not seem to be someone to take a Forex risk, someone that would not even go into bonds. That reasoning made me decide the two personality are not in tandem, but the drama of this morning where a similey respectable moniker on this thread came in another form to be throwing insults left and right means one can no longer fully know who each personality are.

Too many confusing double monikers nowadays

The day oga Ema will come with another moniker to start promoting ponzi schemes is the day I will hands up fully and give up on humanity, for now, I am still holding on to a thin thread

A lot has been happening on the thread lately, I must say.

I'm sure Oga Emma would never do that. Many of us still look up to him. At least, I trusted his words and opened an investment one account for VGIF.

As for Barrytone, he has confirmed in a subsequent comment that it's his new username. I feel he wants to take a risk with MBA forex since Tbills rates are very low now. Sadly, he's getting in when the party is almost over.

Anyone can claim anything, I saw that response before I made my comment. If you remember Barry very well, he said he will continue with TB even if it is 1% that he will only consider bonds next year.

I think this thread has grown up to a point where we all now have to be extra careful. Everyone is now claiming expert, 1B, etc.

Barry is also a simple guy not necessarily interested in quick get rich schemes, so this Ray guy's sounds like an impersonator with regards to his claim.
Of course I know Ema is a conservative investor.

Grupo:


A lot has been happening on the thread lately, I must say.

I'm sure Oga Emma would never do that. Many of us still look up to him. At least, I trusted his words and opened an investment one account for VGIF.
[b]
As for Barrytone, he has confirmed in a subsequent comment that it's his new username. [/b]I feel he wants to take a risk with MBA forex since Tbills rates are very low now. Sadly, he's getting in when the party is almost over.

ojesymsym:
Anyone can claim anything, I saw that response before I made my comment.

Of course I know Ema is a conservative investor.

That's truly Barrytone. Watch his typing pattern. You will decode.

If you remember Barry very well, he said he will continue with TB even if it is 1% that he will only consider bonds next year.

I think this thread has grown up to a point where we all now have to be extra careful. Everyone is now claiming expert, 1B, etc.

Barry is also a simple guy not necessarily interested in quick get rich schemes, so this Ray guy's sounds like an impersonator with regards to his claim.

Grupo:


That's truly Barrytone. Watch his typing pattern. You will decode.

ojesymsym:
If you remember Barry very well, he said he will continue with TB even if it is 1% that he will only consider bonds next year.

I think this thread has grown up to a point where we all now have to be extra careful. Everyone is now claiming expert, 1B, etc.

Barry is also a simple guy not necessarily interested in quick get rich schemes, so this Ray guy's sounds like an impersonator with regards to his claim.

Well, if he's a fraud, it won't take long before he slips and expose himself.

RayRay06677:


Lately everything goes here as rates are dead, is forex trading really a ponzi scheme, I doubt

Yes it's, highly risky. I traded some years ago so I'm talking base on experience, sometimes I could make 1m a day but next day I could lose 1.5m.

This is a trying times for investors and also a time to be extra careful. Ponzi, speculations are not for smart investors. Slow n steady win d race, I was able to buy DANGOTE paper last week for a meagre of 5%, wish u all best of luck.