At this point, I think it’s just rage bait. You might think it’s fun but this is highly misleading and it’s not a good experience for people that are new to the market.
What do you mean “take profits now and buy back later”. 🤦🏾♂️🤦🏾♂️🤦🏾♂️
This is wrong man
Dangote Refinery just made investors money in less than 24 hours.
Valuation jumped from $48bn to $51.28bn after the IPO.
If you bought 10 units at ₦5,250, your ₦52,500 is now roughly ₦56,090.
That’s trading .. you should probably take profit now… let it drop and buy again
@oluwalosheyii@Investa_holic I was getting 18%, iIt was fun while it lasted.
Best to leave the funds there and look for another app with better returns because the return on that balanced fund is not good enough.
@oluwalosheyii@Investa_holic I think they did it because some people already created the old portfolio and could still fund it.
I just checked mine now and I can't top up🤦🏾♂️
Benjamin Cole Sr. had paranoid schizophrenia and a growing brain lesion.
He murdered his 9-month-old daughter, Brianna, by snapping her spine when her crying interrupted a video game.
His condition was so severe that he was catatonic, withdrawn into delusion in a darkened cell and wheel chair bound.
The jury swiftly convicted him and sentenced him to death, and Oklahoma executed him.
Lindsay Clancy did almost the exact same thing but instead became a hero and got $2 million in donations.
Mental illness excused nothing when the parent was a man.
Women say they want equal treatment they just don't mean it.
Good morning
My name is Faith nd this is my son oladotun
His visually impaired person,his 21
His a fresh graduate with second class upper in pol sc, his into data analysis, coding, web designing etc
If you can give him a job esp virtual, he has a good laptop, phone and network 🙏
A boring financial month can be a very successful financial month.
No new investment.
No huge return.
No financial breakthrough.
You got paid.
Paid your bills.
Invested as planned.
Saved as planned.
Enjoyed some money.
And continued with your life.
Wealth is often built in months that don't feel remarkable.
@justRayy99 Till today, nobody at work believes I’m a Bayern fan.
Had to even add it to my slack profile. people still doubt me when I tell them I support Bayern, they’ll be like what’s your real club🤦🏾♂️. As if everyone must be Epl or la liga fans
On paper, Tunde's strategy looks solid.
With quarterly compounding, a 17% yield gives an Effective Annual Rate (EAR) of 18.11%.
Without inflation, ₦5.2M would grow steadily over time. But there's a invisible thief in the room: Inflation.
People always talk about why MMF is just for wealth preservation and not necessarily a long term wealth growth plan.
I kept wondering why and here’s what I found out.
🧵👇🏾
If you’re from a poor background, that’s your reality, accept it!
There is nothing you can do to change the situation overnight. As a matter of fact, it may take more than one generation to change your situation, so the earlier you start, the better.
Meet Tunde, a 29-year-old professional in Lagos.
He just put ₦5.2 Million into a Money Market Fund (MMF) yielding 17% p.a. (compounded quarterly).
His goal? Grow that money to ₦500 Million so he can retire comfortably at age 50 (in 21 years).
All this long story is just to tell you that MMF is good but pair it up with other investment instruments.
For Tunde
1.9% Real (MMF only): Needs ~₦1.59M/month
5.0% Real (Moderate Growth): Needs ~₦1.04M/month
8.0% Real (Aggressive Growth): Needs ~₦674k/month
Disclaimer: I am not saying MMF are bad, I also have investments in MMF as backup. Your investor profile depends solely on your background; I cannot make certain investments risks simply because if it goes south I would be on the streets the next day😂😂.