@sama Powerful AI creating food and wealth in highly densed and underdeveloped region like Sub sahara Africa ๐ณ๐ฌ and South East Asia. Utilising local resources and starlink @elonmusk
The quality of a country cannot be better than the quality of the citizens building it. This is not rocket science. Demand high quality public education for the average child. Like we say in Nigeria, โE get whyโ. May our tomorrow not be same or even worse than today.
Some days ago, someone posted a screenshot of 1 million naira dividend MTNN paid her, and that's for holding over 40,000 units of MTNN with a total value of 34,000,000 naira.
Chances are that her total investment is not even up to 8 million naira, yet she now holds over 34 million naira worth of MTNN.
Now, most people would assume she deposited that 8M once and used it to purchase those 40k+ units, but i don't believe that was how she did it.
A lot of people have underestimated the power of a growth stock, reinvested dividend, Naira cost averaging and its compounding effect.
THE POWER OF A GROWTH STOCK
โMTNN isnโt just an income stock; it's a market-leading commercial force with pricing power and non-stop operational cash flow. Over a multi-year horizon, top-tier companies expand their earnings base, push dividend yields higher, and drive long-term share price appreciation. โHer original capital wasn't just sitting there; the company's underlying fundamental growth was actively compounding the value of every single unit she accumulated.
DIVIDEND REINVESTMENT
โThis is the hidden engine of portfolio growth. Every time MTNN paid interim or final dividends, she didn't cash out to pay for lifestyle expenses. She took 100% of those dividend payouts and routed them right back into buying more units of MTNN. โOver time, her dividend check grew large enough to fund significant purchases entirely on its own, creating a self-funding asset machine.
NAIRA COST AVERAGING (NCA)
โShe didn't wait for the "perfect time" or try to time market bottoms. Instead, she bought small units consistently over time, monthly or quarterly, through market highs, pullbacks, and flat periods. โWhen the share price fell, her fixed allocation bought more units; when the price went up, she bought fewer. Over several years, this continuous buying habit built a massive unit count without requiring millions upfront in a single day.
If you can bring yourself to engage this 3 things, you will also be able to build a robust portfolio like hers, you just have to start somewhere.