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chigo4u: 7:19pm On Apr 11, 2023 |
abuhusna1:
I sold my apple worth 4k usd and put on bfly at 2.4 you called it and I'm gonna ride it to all time high cos I have deleted the app so I won't be checking all the time
What app do you use
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chigo4u: 12:32pm On Mar 10, 2023 |
Allboiz:
A friend needs an advice...
He has 30k usd invested. He gets 5% annually as interest in usd...
5% interest on 30,000 annually is 1500usd
1500 * 740 = 1,110,000 in naira
He then noticed that if he had converted the money to naira, his interest would have been much better because the interest on naira is around 10% - 14%...
30000 * 740 = 22,200,000
10% interest on 22,200,000 annually is 2,220,000
Now, he's contemplating on whether to convert his money to naira for fast growth or leave it in usd. And at the same time, he is scared of naira devaluation. Anyone?
Where is he investing? 5% is nice. He should invest his dollar interest on naira investment. Win win
6 Likes |
chigo4u: 8:01pm On Nov 05, 2022 |
just2endowed:
Will this result in excess dollar liquidity in Nigeria and lead to rise of the naira against the dollar?
No wonder cbn governors decide to tour this part. Its like he is aware of this information for few weeks now and decided to follow the same.
December and January is goinf to be very dicey arojnd the world. Oya if u have dollar, this is the best time to sell before the free for all dollar.
Who knows, I might see a cheaper dollar seld
Fake
3 Likes |
chigo4u: 7:36pm On Nov 03, 2022 |
bjtinz:
Ding! It's shocking otherwise brilliant minds on this thread don't get it.
As long as one earns in naira, and spends in naira, whatever gains he/she makes will useless in long run as our currency continues to dip
There’s real estate too.
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chigo4u: 6:36pm On Nov 01, 2022 |
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chigo4u: 4:15pm On Nov 01, 2022 |
Hello, does anyone know the current interest rate for Gtb and zenith savings
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chigo4u: 4:17pm On Oct 29, 2022 |
RayRay06677:
The useless Tbills is more certain than the gambling in dollar, the reverse might be the case. The dollar is weaker as at today, it's only deemed strong when compared to a weaker currency like ours.
Tbills is a secured investment, better than not investing at all. If I want to take risk, I will take a far better risk like I did last time.
What do you mean the dollar is weaker, the dollar that is waxing strong everyday? Naira is even currently overvalued going by the strength of the dollar today.
1 Like |
chigo4u: 7:29am On Oct 27, 2022 |
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chigo4u: 11:36am On Oct 24, 2022 |
What mutual fund has the highest rate rn
1 Like 1 Share |
chigo4u: 12:37pm On Oct 05, 2022 |
chigo4u:
What’s the best alternative to trading212 with low fees and ease of investing and withdrawal or is there any way to get trading 212 from Nigeria
?
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chigo4u: 7:20pm On Oct 04, 2022 |
What’s the best alternative to trading212 with low fees and ease of investing and withdrawal or is there any way to get trading 212 from Nigeria
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chigo4u: 9:27am On Aug 28, 2022 |
$10 perfect money needed
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chigo4u: 6:13pm On Aug 27, 2022 |
Shrimpss:
how much? WhatsApp +234816 5955318
How much for $10
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chigo4u: 7:33pm On Aug 26, 2022 |
Dollar 700+ next week
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chigo4u: 7:52pm On Jun 26, 2022 |
Gavrelino123:
Better you buy treasury bills..
The sudden rise in dollars is artificial..
I when we used to call the rise in dollar at 400+ artificial and was thinking it will fall at some time instead it kept going up.
Nobody should expect any fall in dollar till this istration leaves. I think it will get to 650 by December
3 Likes |
chigo4u: 8:13pm On Jun 11, 2022 |
Wapgod:
They are licensed, that's all i know.
Licensed by who please. Their dollar fund is impressive.
Emmanuelewumi?
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chigo4u: 6:00pm On Jun 11, 2022 |
Does anyone know about Novambi Asset Management. Are the legit?
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chigo4u: 8:17pm On May 09, 2022 |
MonsieurCoder:
Please can someone kindly explain this to me?
What's the difference between the 7.625% and 4.02%?
The way I understand it, if I invest $1153.7 my money is worth $1000 and I get 4.02% pa, is that correct? Or is it now worth $1000 at 7.625% pa?
What app is this
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chigo4u: 7:16pm On Apr 27, 2022 |
[quote author=FlexyGy post=112296296][/quote]
Good trader !!
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chigo4u: 5:52pm On Apr 05, 2022 |
Acidosis:
Exactly. People don't want to see or rather acknowledge the truth. In their defence, they would rather have the U.S. hold so much power than have China, Russia, or any of these Middle East countries become the world power. The fact is that no country should be allowed to hold too much power at the detriment of others, whether it is China or the U.S.
It's funny how people think that the term "absolute power corrupts absolutely" does not apply to the U.S.
The U.S. definition of human rights is restricted to same-sex marriage. It excludes any economic fundamentals that will give other countries an edge over the U.S.
Like I said, it’s more of emotions than logic. Why should US hold that much power. Why won’t they when they are the richest in the world and will always remain so. We saw how China was nearly crippled by trump policies restoring US manufacturing to US. The propaganda of dollar being replaced has been on for as long as we can but has not happened and will remain so in our lifetime
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chigo4u: 5:46pm On Apr 05, 2022 |
Acidosis:
What propaganda? That Petrodollar is gradually fading or the fact that some oil producing countries are beginning to trade oil in their own currency?
Even Nigeria considered a currency swap deal with China at the onset of Buhari istration.
Also, the technology market does not operate like the oil sector, where the U.S./OPEC rules.
So since the petrodollar is fading like you said why hasn’t it affected the dollar? Why didn’t the Nigeria swap deal with Buhari go through, by next year Buhari will be done
1 Like |
chigo4u: 12:53pm On Apr 05, 2022 |
Acidosis:
Anything can happen. Dollar is #1 because of oil deal.
The developed world will eventually dump oil. Most of these countries plan to dump combustion vehicles before 2030. Countries like the UK and the Netherlands will be placing a ban on combustion vehicles by 2030 to create room for the likes of Tesla.
Mind you, the U.S. has already lost its competitive edge on green energy to China. With more than 40% of electric vehicles, solar energy, and inverter engines in the world coming from China, the power of the U.S. dollar is only going to last a few years.
If green energy won't terminate the U.S. currency hegemony, Bitcoin would.
Again this would never happen, any shift from oil would also move to tech/electric that will still be dominated by US dollar. Most iPhones today produced in China and yet does not affect dollar dominance. You people should just stop the propaganda, dollar will still dominate in our lifetime. Even bitcoin is traded with dollar
1 Like |
chigo4u: 8:45pm On Apr 02, 2022 |
Donbrig:
The world will soon be done with dollar hegemony. Russia/Ukraine crisis has opened the eyes of many countries. China, Saudi Arabia, Russia, India and other nations are now concluding plans on how to trade with each other using their local currencie instead of using dollars as the only means of payment. It is only a matter of time before African countries follow suit, dollar is certainly still gonna dominate but it will definately lose lots of relevance on the international market.
It is only a matter of time... The pace to reduce the strength of dollar globally has already been set.... even IMF has seen the hand writing on the wall.
Sorry this will never happen. Dollar will still remain world currency for a long time to come, the propaganda against US and dollars is just emotions, we’ve been hearing for long time. Us will still dominate in our lifetime
2 Likes |
chigo4u: 8:42pm On Apr 02, 2022 |
emmanuelewumi:
There is a thread for that on Nairaland
Link, not stocks
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chigo4u: 7:34pm On Apr 02, 2022 |
emmanuelewumi:
Any Investment that combine the effects of a return of equity of 10%, earning growth of 15% will do that
Hello, long time. Please what usd investments do you recommend right now
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chigo4u: 1:20pm On Mar 16, 2022 |
hustla:
Bro
Any indication that naira will be further devalued or that it'll slump against the USD in the next few months?
What more indication than banks pegging limits at $20 and rate at 550 for international spendings
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chigo4u: 11:37am On Mar 12, 2022 |
Mohzus:
It is bro but quite stressful due to getting cards that'll go thru ... That's why some time back a nairalander was offering 5k if youve got a zenith MasterCard
Do you know access bank rate is now 550 and most banks limits right now is $20 @490
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chigo4u: 11:28pm On Mar 11, 2022 |
Mohzus:
Possible with crypto thru decentralized exchanges
Not possible
1 Like |
chigo4u: 7:20pm On Mar 11, 2022 |
JavaSQL:
There are so many ways, it costs me money to find two working ways, unfortunately I can't spill it on a public forum or even in private cos what works for me won't work for others.
All I will say is look deep and keep doing feasibility studies. I can't put any Naira into anything less than 15 percent a year, the ones I'm doing now gives me at least that minimum within weeks. Everybody keeps learning, devaluation has done me strong thing, some people will never fully understand as classroom don't really teach these things.
The FGN rates are very tempting and hard to ignore but in a dwindling economy hmmm.
Oga it’s impossible to buy dollar at 430 unless stolen. Do you realize Access bank online rate for online transactions is 550
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chigo4u: 2:13am On Mar 11, 2022 |
JavaSQL:
I don't think anyone in their right mind would invest N5K in bonds, just printing the forms already cost N500 per page in some locations, internet N3500 per month.
For N5K investors, better use it buy one carton of Hero.
Anything less than N50K I would suggest buying USDT Crypto, N50k and above try buy dollar at N430, Naira will never go below that in the history of mankind.
N10 million and above, property in a developed area will surely payoff.
Buy dollar 430 from where
6 Likes 1 Share |