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@Chew_Baca1
. music, cruise. fashion mun- : https://t.co/Jb24DNODzA
📴 Katılım Şubat 2022
927 Takip Edilen243 Takipçiler
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You people will come on this app and confidently mislead people on something you have zero knowledge about. Buying Dangote Refinery shares with a 150k salary will not take anyone out of the trenches. NGX is not a meme coin.
Dangote Refinery is currently preparing for its IPO with an estimated valuation of *$40 Billion to $50 Billion**. In Naira, that is over 60 TRILLION Naira. You are telling a guy who earns 150k a month to use 7k to buy a microscopic fraction of a 60 Trillion Naira asset and expect it to magically pay his house rent in a few years?
If you earn between 100k and 250k, and you aggressively scrape 20k monthly to buy shares, you would have invested 240k by December. Even if the refinery does a miraculous 20% return, your profit for tying down your hard-earned survival money for 365 days is just 48k. That cannot even buy a half bag of rice today. Inflation will swallow that profit before the dividend is even paid.
Let's even scale it up. Let's say you manage to invest a whole 1 Million Naira. A very solid 20% return gives you 200k profit in an ENTIRE YEAR. Is 200k after 12 months changing your life? No.
Dangote Refinery stock are for WEALTH PRESERVATION, not poverty eradication. It is for the person sitting on 50m who wants to park heavy liquidity, hedge against inflation. It is NOT for Emeka who's eating from hand to mouth in this economy.
If your income is small, take that 7k and use it to eat.
7k is not magically paying your house rent in 2030 because you bought dangote refinery stock.
ThatBlessedGirl@BlessedGirl001
Make I no talk.... I don't want to say a hard-core truth that will shatter a lot of people. Especially Salary earners. Even if I don't say it, they are already feeling the heat. One advice I will give to all salary earners, is that they should take serious advantage of Dangote Refinery shares that will soon be listed on the Nigeria Stock Exchange market this year July/August. Invest buy Dangote Refinery shares. A word is enough for the wise.
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Where I play ball, there’s this woman who shows up every Saturday morning with chilled zobo and tigernut drink. She shares it to everyone for free, no money, no stress. Naturally, everybody likes her.
It was only today I found out she’s actually the wife of the man who owns the pitch. That “free” drink? It’s strategy. It keeps all of us coming back every weekend, and once you’re there, you’re already spending. Each player pays 3kpa to play, bottled water is 5H, and before you know it, you’ve spent close to 5k.
Now she’s taken it a step further, she just launched a side business at the same pitch. She sells and rents out boots, sells jerseys, socks, bibs… everything you need to play. And she’s making serious money from it.
In simple terms… She gave us free drinks, built loyalty, then positioned herself to collect the money in every other way. Smart Igbo woman business move😂
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