Your favorite Aboki🎱

@Rxbremen Over 3k companies dy play

Now i understand why people who are used for the US market always shout ETFs 😸😸😸😸. Lmao I don lost inside US market ooooo 😸😸😸😸.

@SirJarus Low inflation, price remains the same over a long period of time

Got each of my 3 Crocs for £45. The 4th is a gift, also from the UK. I once noted how the price remained the same each time I went there (over one year).

@TobiAjayi15 The best business is the one you understand not the one that makes the most ROI, if you understand hospitality please go ahead and build it by means

If you suddenly hit big money, the riskiest thing you can do with it is build a hotel. It’s better to build a church or mosque with that money than to invest in a hotel.

@NgBottleking @akintollgate Do you have a walk in store on the mainland? If yes address

@akintollgate Check out bottleking.ng for your authentic drinks. No fake zone😎

Apparently there is a scourge of fake alcohol production and sales that needs to be tackled heads on in Nigeria. Got multiple DMs with people corroborating the fact that guests across many spots in Nigeria are ingesting fake alcohol in reused premium bottles. I will be purchasing a few sample bottles, please recommend outlets you shop originals from so we can compare and contrast. If you are out this weekend, make a video of your bottle before opening it and tag me. I will tagging everyone below going forward. If someone has sold you fakes, please report them in the CS! @NafdacAgency @lasgcopa @jidesanwoolu @gbenga_omo

@AdeyefaPeter Imagine declaring 50

Just so you know, ARADEL havnt declared a dividend yet , and everywhere stew like this , things i love to see

@seyedele If its NGx check Aradel and stanbic if they're in your portfolio

Something is on steroids in my portfolio and I don’t even know what it is yet. The money just dey increase.

@Idealistbi @akintollgate Assorted oo non assorted oo they're all not good

@akintollgate Whenever I’m visiting I bring assorted from abroad. I won’t risk my kidney to Naija liquids

This iconic bottle of Don Julio 1942 retails for around ₦500,000 at premium drinks stores in Nigeria. In the clubs? It moves for ₦1.2M in regular spots to ₦2M+ in top Lagos venues. Guess what? Over 2,000 original bottles are purchased on a typical weekend across the country! The fakes probably double these figures. Data is key… Nigeria’s luxury space is underrated!

@e_ekenem @akintollgate Is original alcohol not poison too?

@akintollgate I always come to naija with all my drinks and it’s cheaper . I can not come and drink poison to death since I can a rarely differentiate between the original and fake .

@Rxbremen This is my fear with large cap stocks, I prefer 50-200 ish

It’s not the end of the world lol. Just know what you are doing. Many would later understand how this high prices isn’t always a good thing 😸😸😸😸😸. When you badly need money and want to sell, nah you go list your seplat for 9,500 yourself, and you fit no even see buyer 💀💀💀💀

@MudiTheInvestor 50% 5 equities strictly on blue chips 20% bonds 15% Real estate (land only) 15% cash

You have ₦100 million to invest across: • Equities (stocks) • Cash & cash equivalents (money market) • Fixed income (bonds) • Real estate How would you allocate it & why?

@okorafor_ @viktorbensonyt In what? Land,stock, MMF,gold, business?

@viktorbensonyt 50m

In Nigeria currently, how much is considered “YOU ARE RICH”?

@TomolaGroup And they keep looking for X they will never find

There is no subject called Personal Finance in the Nigerian education system. Not in primary school. Not in secondary school. Not in university. We teach children algebra they will never use but we do not teach them how to budget, save, invest, manage debt, or understand taxes. Then we release them into an economy with 15% inflation and wonder why they are broke at 30. The system did not prepare them. It prepared them for exams. Not for life.

@OLUWAFE45222228 @HadizaB85863870 The market doesn't move in a straight line, the years that Gtb won't do well your dividend will compensate you and you need a reasonable unit to get that so please aim higher if you can..best of luck 🙏

@E_maigida @HadizaB85863870 Using GTCO, with capital appreciation. Presently, having 10k units of GTB is 1.2million, now let us do the calculation of dividends that will give 110k (12.76, reinvested this year and let's says the company has no issues for 10years sir and all dividends are reinvested

Invest. Invest. Invest. But at what point do we finally stop and say: “Okay… that’s enough. Time to step back and actually enjoy the fruits of all this hard work?” So many of us are stuck in endless accumulation mode always chasing the next investment, the next opportunity, the next win… but never stopping to harvest. The real question is: At what point do we start harvesting what we’ve planted?* I’d love to hear your opinion when do you think “enough” is enough? Let’s learn from each other. @anthonyuzum

@imran_services Even if they can in 1sec its not a yardstick for you not to stay far from trouble

If you come from a family where 10 people cannot raise 2 million naira in 24 hours, please stay away from trouble ....

@OLUWAFE45222228 @HadizaB85863870 No sir,this won't even give you 30m portfolio

@E_maigida @HadizaB85863870 The later actually, I am fine with that, coupled with reinvesting dividends

@anthonyuzum Knowing your fire number is key else you will keep accumulating without enjoying the proceed, Do you think 200m invested in liquid assets is enough for somebody to retire in present Nigeria?

I agree, but the problem is that most people don’t invest. Those of us in the NGX community on X are a small minority of Nigerians who actually do. That said, I think you can start enjoying your money once you’ve reached about 50% of your number, your financial independence number. For Nigeria, I believe an 8% withdrawal rate can work (no research, just based on asset returns in the country today). So, if you spend ₦20m per year, your number is roughly ₦250m. Once you hit half of that, you can ease up on your savings rate, but not stop investing completely. I reached 100% of my number a few years ago, so I reduced my savings rate from 60% to 45% to enjoy more of my income.

@HadizaB85863870 Know your annual expenses and when your RoI can cover this without touching your capital when you factor in inflation then you're good to go

@OLUWAFE45222228 @HadizaB85863870 Do you mean 100k or 10k? Its its the latter trust me you're just starting

@HadizaB85863870 I feel the point to start harvesting is when all the goals have been met. For me, if I can have 10 thousand units in some solid company, say Gtco, Zenith, Mtn, Aradel and one other. And, there is no slow down in capital appreciation and dividends payment, I am good.

@TomolaGroup @HadizaB85863870 What if the lifestyle keeps going higher?

@HadizaB85863870 Enough is when your investments cover your lifestyle without you touching the principal. That is the finish line. But most people never set a number so they never know when they have crossed it.

@abass_tunde @HadizaB85863870 I assume you're 40 or above , I don't think there's enjoyment at 55 rather than maintaining your health because at that age things don't excite any more

@HadizaB85863870 I also thought of this some days ago, and i have one strategy already which i would be open to other strategies in the future. I will be accumulating from now till when i am 55, i will sell 25% by 60, sell another 25% by 65 and leave the remaining 50% as my retirement plan.