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Personally, i am not buying anything now but i will probably take either access or oceanic.
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The secret of stock investment lies in the ability of the stock investor to hybridize the growth and value theories of stock analysis-by billions. |
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Buying and selling of recharge cards will likely turn out like 1% daily including Saturdays and Sundays, while the stock market is losing 0.75% daily.
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The Knight of Delta "I'd rather be vaguely right than be precisely wong" - John Maynard Keynes |
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@kinghtofdelta,i like that reseach of yours its really true,but am also thinking what would have made an investor like you think that far.
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There are five basic types of investments; stocks, bonds, real estate, private equity and alternative investments. The first four types are going down the drain except the bond sector that is trying to keep its head above water. Any other form of investment is alternative. You dont have to think long before you get idea - cassava plantation, fishery, snails, poultry (Barcelos PP says there is a need for more in Nigeria), etc. It could also be as complicated as derivatives...
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The Knight of Delta "I'd rather be vaguely right than be precisely wong" - John Maynard Keynes Last edited by knightofdelta : 10th October 2008 at 07:42 PM. |
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Selling Recharge cards no be Investment, Na work!
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"It's only when the tide goes out that you learn who's been swimming naked." Warren Buffett |
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![]() True talk anyway, no matter the level of economic downturn, two alternate investments will not be badly affected, farming (food) and transportation. People go chop and then go move around. |
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Not if you're a broker
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Trade with your head, not your heart "Be fearful when others are greedy, and be greedy when others are fearful," Buffett |
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A work that you may not need previous experience and still make it. |
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KOD, forgot to mention Grasscutter and Rabbits. You know the ROE on those can scare even First Bank. They fall under Manufacturing not Agriculture, due to reproduction capacity.
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"It's only when the tide goes out that you learn who's been swimming naked." Warren Buffett |
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$80 a Barell for Oil. Its time for a drop in Fuel and Diesel Prices, Which should lead to a drop in Food prices and Transportation costs. This is the Kind of Intervention that will Create more disposable income for the masses to buy stocks with.
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"It's only when the tide goes out that you learn who's been swimming naked." Warren Buffett |
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When was the last time there was a reduction in the price of fuel and diesel in this country ????? |
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I Like your Courage. |
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Re-charge card and bottled/pure water broker sounds really interesting. people how can one pull that thru?
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Waooooo!! How much be the interest to start with?
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Monwowo "Buy and hold is not buy and forget"
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If I understand billions post, he gets to keep 85% of the interest, while the bank keeps the remaining 15% if he terminayes the fixed deposit.
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |