Great. So those moves led to significant king interest rates, and you all
know the impact once the interest rate is high, impact on the lending rates,
impact on mortgage rates, reduces the ability of people to take mortgages and
as also as also businesses. We saw even within the fintech space basus raising
funds was also re madior challenge because there were other interesting alternatives to put those
funds. You still that rather than investing in some of the FinTechs that maybe
carry a bit of risk, they also try to just put the funds in
fixed informs. So I would summarize that within the take global space. I
don't know if there's any photo question on that now. It's more like an
introduction before we get to the Nigeria and the corner Nygeria, where should I
put my money in? So the global space we, like I said,
we had the inflation and position has been moderated from the high do judice now
to the lower digits point global side. What's your takes on the budget the
twent twenty four Nigerian budget. We've seen a record budget. Tell the name
plate the name plate number is record. We've seen a project is going to
spend a lot of money relying not just on crude oil. That's the one
thing I found out, not just on crude but on quote unquote independent sources
of revenues for the government. So the government seems to have abandoned that they're
not going to get money from crude oil. It's about one point something number
day targets, way way way below what we're doing just overall. So what's
your take on the budget And as an investor, as someone als invest in
Nigeria, what should I be looking at? What am I happier about?
What should I be sad about? Thanks? And I think I would like
to if I'm going to say it in one world, I think it's ovalue
of the government. Is ovalue of the newstic around these project And we'd say
at this based on the last passage at the budget past or about twenty eight
point eight trillion nira and you're looking at the revenue level of about eighteen trillion
Ira, so you would see that there's a major gap. And when you
also drill down to the revenue, I'm happy that you. I likeed that
independent sources. It's really when you look at trends, looking at the past,
the independent sources are not really newdered any meaningful impact or government have not
been able to meet up looking at those independence of sources, So it's going
to be when you look at it's really going to be surprising if they are.
Also, they are able to achieve about fifty percent of work about the
six trillion or seven trillion that they are projecting, so that means that the
gap, the after gap, it won't be high. You want to look
at oil production they are projecting or a production about one point seven eight trillion.
Yes, it's moved from the one point two million barrass adding levels,
so almost about one point thirty five levels, but that they're still the Madior
gap. So it miss that that is another shot for revenue shot for and
for the non oil businesses. So when we look at taxes, exceptably continue
to enforce compliance, companies are not expanding, companies are tually shutting down.
And if companies are struggling, it means that it would even if they're making
it a lot, you don't expect them they'll pay more more paths. They
all play the minimal asis, so it's really going to it. I feel
it's it's really a for order they set it just calls that there needs to
be policies to partner with private investors relying on this revenue to deliver it will
be all or that is, they need to create that environment for the private
sector to compliment. So and that is really very key if if if that
is not done, because when you begin to look at it at the end
of the day or the end of the day, when you look at the
performance they have spenditure, which is they need to that we try to benefit
from all the The most popular benefit from always did be the receiving hands.
But you're looking at when we look at opportunities because not so just focus on
what the challenges. I believe that within the oil sector, if we see
if they can be the right policy. There's the health insurance that can help
boost our health sector. So can the private sector. As I know people
are looking at that taking their initiative, but maybe be more intentional to see
how we can drive the health sector using insurance micro insurance that people, even
the market women understand the advantage of signing or co health insurance. So if
we're able to mobilize that much of capital, then will be able to develop
the health sector. Provided rights equipment and as a result, that sector would
begin to expand. So that actually I see that for those that maybe are
content and best use, there's an opportunity to fine tune and see how government
can partner with them. If a structure is also we should not expect that
government will be able to deliver more infrastructure would with this for your So there's
the infracle. We need to know is it taking off this year, what's
government doing about it? Or if they are that a road that can be
concession. And I used to say it if even the im motorists would commuters
who prefer to pay a premium if they know it will take them less hours
to commute, less hours for the road, so they should also that's also
an opportunity that can pack that can pack out the private sector. There's a
bidding program that I the government who spend money on can durians also say how
they identify some of those problems we're expected governments can ensure that this is most
of the inputs are home room. This can create higher multiplier effects. The
pasis of lying the heck, the persis of lying the input right, they
should if they can ensure that so it even if it's one trillion, they're
going to orta five hundred billion. That's depending on it the economy that that
can generate, or let me even be conservative, even if it's two hundred
billion, the economy it can generate depersing, brain, the rise, deperssing,
buring, the things, the planting. If they can build their value
chain, the multiplier impact that it would generate would be higher, would be
a minimum of times too. At times stay within that economy, they ensure
that we are not now important what we're trying to also give out to this
pupil of defeating program. The real estate is also an area where they're big
on housing, but we all know because of the challenge is within the funding
space, can there be more structure that we enable people take up mortgages at
a very affordable rate and partner with government. The government is willing to really
keep putting equity and there's a structure that they can build now cost housing with
the partner with developer locals housing and mortgages that overread Nigeria can begin to do
rent to home. So that is also an area for those that looking at
the real space. Renewable know they've also been parmarrying on the the c n
G also feel the solar the wind system also their area. Government can do
all this, but what they need is to provide that right policy that right
back in and you know, like if you're going to import some of these
depreatments and they're giving you maybe a tax holiday, also trying to support given
you loan at the lower level. I'm also ensuring that the process of clearing
some of these items in the parts, you don't have to spend two months
when you are important some of the things that are very key and important to
your business staying that port for that level for your playing. So that is
also an area that can also generate a lot of income for the young for
business owners. And I would say technology, that's it we've done in the
past as the labstorm, so that I don't take more time on this to
see it done in the path that we've seen. Nanegerians provide ideas on how
state government can end revenue and you share from that revenue. So you have
you provide a platform for them so you identify you for restance. Currently in
legals, if you drive around some areas in the camera is able to track
you down if your licenses have expired, people text message directly and you need
to pay before you can able renew your license. So in some people that
have come up with those ideas, so are deal with strong young nanearians can
come together? What are the ideas that you can't help? All governments would
be willing to listen to you if they know, yes, rebue that can
be generated, and they will be willing to it's the revenue with you.
I think I would just so. I think the next question was going to
be where can I invest? But let me just tail and just fullop on
which shown this folks, I listen to you say it. Renewables, agriculture,
and food. Are the specific investment options or outlets where if I want
to invest in school feeding program whereby a vendor is going to supply eggs,
do you have specific examples where you can say, invest in this company because
they're exposed to that they are going to get take a batage of the government's
spending on school feeding program. Do you have to be one or two specific
examples for us if you're allowed to do that, to say how to do
renewables? So I'm going to invest in this company to take advantage of the
xs of the government's spending on renewables as any exaplanature like that. Folks listening,
if I'm going to like maybe just take a bit of guess is to
look at one or two. They are big sector, so you look at
the lights of Bresco and and common that they are for. Yes, they
are into rubber, but because of the inward looking strategy of the government,
they may also benefits. But at least for those also listening, you know,
ideas idemic and also to help. So just if they have an idea
of companies that are already for the position to tie into some of this strategy.
Okay, sir, good one. I have one or two guys that
I'm gonna call on also, but let's go in Twitter. So just to
assume a thirty of Nigerian and I have one millionaire disposable cashes in the bank.
I would like to invest in Nigeria for say the next two to five
years. I don't need liquidity right now and I would like to invest.
Where should I put that money? How should I approach this? This is
just bet be practically the focusing. What should they do? One, two,
three, four? Yeah, Okay, so what I've done, I'm
also I also put it in my terms, so I would say that,
yes, well bricks advertising very but with a they had at thirty years,
we should be able to your ricks advertise. You be a bit tied because
you have longer periods. So I would say that you you put forty percent
so which is found right out on a fixing from investments in maira fixing from
Myra investments which were ranged between your are the head against savings famed and they
look on every month. You can sign up to your store booker the ra
in you do. You get it between sometimes between tend and twelve percent,
depending on the rates and the market. You can also identify savings platform that
gives IUT you it's good to do your due diligence. Those that have with
reputable backing, you invest with them. For are you so you put that's
fixed income or you buy trage. Some you can mitrage abuse if you don't
take any rates. Some can give you as well as on red and by
trade rebiuse. So you have the fixed income forty percent. You know that
for me. Also some like your emergency one at times if you have to
to it so that stack. Then you look at twenty percent fixed income in
dollars and technology has help. There are a lot of reputable platforms now that
you don't even need a M account to have investment in dollars. You pay
in MYR you shore I recall. Then there's one of the platforms that I
invested when dollar was around, Pasi Snira, and I just paid in.
I think I paid one million converted into dollars and invested in a dollar form
and after three years, I think i'sedd at seven forty five when I needed
to do something. So you don't need to add you know, you're also
converted at the current rates, so you don't need to go to the eddeap
of having a domaccount to have on my investment. So you you you can
save a twenty percent of that if it's a monthly thing. You want to
be doing it to achieve this one million. As you get your fifty k,
your twenty k just converted to dollars and you're building your dollar portfolio,
so you have twenty percent there. Because we all know that, yes,
why we feel that they're trying, we're trying to stabilize the denira. It's
we need to produce an export the young point for us to stabilize this and
Thisnira. So it you need to continue to have that dollar investments in the
year and eputies we saw we've seen for those that suit the rics last year,
they they are the one benefiting or the benefites Simnlicant live from the market
markets almost a forty five percent and even this year alone this week last week
it again investors been about two point eight trillionner. So you can position in
stops. We are looking at five years because of you ib you will be
doing dollar cours a breaking. So you're not boded now even if for me,
because yes we expect that at the point in time, that should be
a bit of my correction. But if what you're doing is you're buying monthly
and that even does not affect you significantly. When market is down, you
intensify, you increase the amount you're buying, and when it's tied, you
buy at the normal level. So twenty percent that's about on unred out on
myra in Nigerian stocks, then foreign stocks, you can't put about ten percent
in foreign stocks. There are also NURA platforms that you can invest that would
also help. So by then you look at it, you are thirty percent
of your investment in dollars, so that's it's I think thats good. Then
you can also look at god Eta. You look at the performance of good
is a good or tentative investment, So I'm looking at five percent, which
is your tality. Are putting five percent in goal eta. You can also
buy that on most of the negro plat on that gives to YOURSS to foreign
stocks, that's you put like fifty thousand. Then and you can also put
five percent in crypto currency, which is what you buy if you don't want
to take a lot of bricks dot buy the the flagship cryptocurrency, the lives
of the pitcoin Neterial that you know very well. That will reduce your bullet
feet and you'll see I'm putting the those five percents. We are looking at
five years based on the investment horizon. So believe that with some of the
regulations within the crypto trying to put within the crypto space ETFs then trying to
field details on crito currency, who are seeing what civilian has also done to
allow that you have done to dig in to also play within the critical currentice
space that adoption itself of very for young people. You can also have that
in your portfolio. So when you have that, that's meant to be like
a balanced portfolio, and you would see that within the next five years this
portfolio who beat inflation. You I'm even talking about that your inflation because when
you also if you do a test, if a backwark test of how the
performances has been done, you would say that wild past performance may not be
a guarantee your future performance. But we are h sure. Do I spoke
about foreign equities. The market has been edit down, and when you look
at markets as as far as we're expecting years within the fixed income space in
the in the US to calm down, it's also impact possibly on the equities
market. So if you are able to structure around that. So if I'm
going to just recap forty percent in fixting from NYRA, twenty percent in fixing
from dollar, or let me put it in narratis phone red thousand on Ira
in fixting from Nira te red thousand Iran fifty from dollar, so one red
thousand on iror in Negerian equities one hundred thousand Ira incoring equities fifty thousand err
in good eye and fifty thousand ira in crypto currencies. So with ad that
on indion, you should be able to build a very defensive balance portfolio.
Wow okay, So let me just again a Google two this out. I
get a co forty percent Nigerian fixed income, twenty percent foreign bonds, so
it can be Nigeria, but dollar you're gonna get the returns back in dollar
for twenty percent dollar bond. Yes, twenty percent Nigerian stocks, ten percent
foreign stocks, five percent of gold and of course five percent crypto. And
I see one crypto guy here clapping both. Yea five percent crypto. All
right, So this is a sample portfolio for five years. Again because it's
not expecting liquidity per se, or it doesn't matter if it was expecting liquidity.
Yes, no, So I think it's it balances because most of it,
like the Nigerian stocks, most of them were getting retturn. So you
need the cash flow. You'll sill be getting a bit on this portfolio for
five years. You would say the portfolio i'mly within that five years excellent,
And of course I had you say it beats inflation. Elements in this portfolio
is being inflation. We just for for for focused understanding. Within the less
five years, your investment in fixed InCom dollar should should beat inflation. Even
in Nigerian stocks only divid then your perspective captor game should beat inflation if you
get the right if you look at the right stocks, you should also be
able to get an investment that beats bats inflation and cryptoporc. Yes it's gonna
ti. Where we're looking at five years, you should beat inflation. Okay,
So let's let's now go into them. Should we say one by one?
Right, if I'm doing four percent fixed income, where like I had
to say bonds the f G and bonds the corporate bonds, what is your
preferred Nigerian fixed income? Should I buy primarket bonds? Second, like a
bond treasure bills out the ninety days? What is your advisable for for this
for the fixing compounder But that's about forty percent okay, so I would suggest
like like thy so you can have the agen savings bone because you know we're
doting about undred now, so there's also treasure. They're not able to focus
a GM bonds, but you can also invest in in Nira high youth savings
accounts. Yeah, high youth savings account that will also give you as refounder
can match what you're getting in your bond. So if you are being mixed
of the high youth savings account, lost your he gen savings form and maybe
a bit hundred in tradio bills, that should be able to balance that.
For my SAM minimum is five million, So I think with those three you
still be fine. So can I put on the spot? Can you name
them? If you can, that's fine, But can you name for instance,
when you say savings bond notes G and savings bond that can be brought
from any registered bank or stockbroker. When you say high yielding paper, do
you have anyone in your mind that you want to recommend? I mean you
can. You have feel free to to putting yours in there because folks are
listening, are taking notes just for them to know what to do. Again,
you are we always say d M you and all that. So which
one do you specific now? Sir? Okay? Yeah? So I think
I would suggest one you can get it through after investor. You can also
get it through standing gets through. I think CND is the oorrent STOCKL is
the current and stop worker. So I think any of those a lot of
stop working. I get it, but I I work for a free investor,
and how the it has for most people that I've also reached out and
you take what any of them have regretted investment through against going through free investment.
So thank you. Go ahead the Lyra where you can get savings thyra.
So you have the Optimus by her free Investor, which is fully owned
by a free investor. We can investrate those. You also want to invest
the star rewires, Yes, we invest also invest through then. Okay,
that's a lot of options for us here. And of course the space is
recorded recorded here on Twitter. I'm going to post it on the podcast link
is going to be on YouTube, so you can always go back and you
know, rewind the tape and listen again to what mister io Society of fixed
income you said f G and savings bonds you said high yield Nigerian savings bonds.
There was a ted one, sir said trabuse treasure bills and also minimum
to buy Tragibius through our friend versus security is one hundred thousand mara. There
is there is a cross pen. But looking at the amount of fun.
We're talking about the mend the right plode and if you, I said,
maybe you have an existing ble that can also fit into that minimum level for
you. Gotcha? All right, So we've gotten the the forty percent and
gen fixed income part of it for the bonds, now the twenty percent foreign
bonds again, same question, who do you recommend or who do you think
we can go to? I know a long time ago I brought you here
so I is talking about it the dollar bonds. You guys are optimist.
I won't make you speak of that again. I also brought in FCMB,
they had a dollar bond. We brought them in here to also speak.
So who again would you recommend for us to go or what bendor can we
go to the get this dollar this exposure to the dollar fixed in come market.
Yeah, so beyond the the optimist frame, best at this stumping also
has dollar utra. They also have which I'm looking at those at the exert
matter. Those also have online platform because in this day of technology, it's
good to be able to see as you're buying, you can track your investment.
You know, to be calling to know what you have. So if
you're going to choose to look for those that have the online platform. M
hm. So I think pig invest also has a dollar investment, so interesting
investment and I also do. So those are options that you can also you
can okay, okay, all right, so we've gotten there so lots of
options there. We've got the Piggy, best guys online, We've got the
legacy banks, iby TC of most online. Again that you always always have
a vendor that you can go online and see what your investments are doing,
not just to buy, but to track what you're doing. Now, sir,
what about the Nigerian stocks? We know probably who to go to,
right, Nigerian stock brokers are registered. I always tell people go to anyone.
It's more of customer service. As long as you go to a registered,
regulated Nigerian stock broker, it's more or less who gives you the best
customer service. Right. But again, if you could tell us which ones
you recommend, of course plugging yours and then won't get specific on this twenty
percent Nigerian stocks, Where are we buying ETFs in Nigeria? Are we buying
individual stocks for five years? Which ones are you liking? So? Okay?
Thanks? So regarding the recommended or so yes, yes, so after
invest Securities Limited, you have likes of Merris Time Securities and other US securities.
So your standing store brokers. So there are several store brokers that you
can also go through. But I like what you use customer services. He
a robots online platform where you can buy on your buy and sell on your
own. So in these days you don't have to be calling your store brokers.
And technology has helped and also have access to your phone and beyond that
access to information and research. They have a strong research that LEAs provide you
with easy information that will help you make decisions and if you cannot, if
you don't have the time to go into those details, you can buy in
equity multure firms. Not like last year when you look at I think carry
Wise that posted looking at it after investors equity phone that they led you that
almost sisificient where the the every system they fund marries and neputive fund. They're
also those are professionally managed and also reduces your risk money. As we're expecting
the market correction, they already know the right patter need to use to reduce
if there's into an immedior correction. But if you are, if you don't
understand the market, then you are invested directly into the markets. You may
not know the right time to exisit, you may not know the right thing
to do. And you're also tracking your divisiends. So if you know you
don't have that much time to be tracking, you don't buy into the mutual
fund and use those mut those mutor fund which are managed and they are regulated
by This is an extent formation, perfect perfect, So what the summing again?
I'm here? You say, if you don't know what to do,
you will try to go through mutual funds and mutual funds Nigeria what Americans call
or Nigrants call them unit trust. Americans call them mutual funds. And so
if you don't really know what you're doing, go to the professionals, because
the unit trust mutual funds are managed by professionals. They will take your funds,
They can invest it, they know what to look out for, they
know how to hedge and protect. That's that's yours, justins sir. Do
you want to delve into individuals talks? As we just leave it as go
to the I can I can mention like we always put that habit that it's
not a financial advice. And because investments sometimes determine you're based on your investment
objective and your you look at the banking stocks who still take the need yes
for some currently at the other boards region boats we where you also look at
the expected you if you're buying over belong period is also if you look at
any buying access and Magiti, you want to have that NTY end as not
rarely as small as other because it's going to be one of the defensive stocks
that people should begin to rotate in correction is happening and it's set last is
also the stock that may also be defensive that may not suffer as much dimunition
or decline if market corrects itself. You also want to expose because exposure to
the Greek space either a pressco or the Homeo oil. Within this cement space,
you can either look at foor cements or downloads Danga cements. With government
very foolish on construction and if implement that policy or the yes we're plenty police
are using more immense to construct Rora than the bit men that does meant to
be made of clus with so and you also want to look at me said
the finance a proposal, boots will be a bit shaky, but when they
are when you see that for most of them are moderated. We know nicely
negative shoulders control now, but they will always come out of the wood stading
and your health a long. So it's when people should learn or investors,
you learn to buy when when you see that this crisis and you can see
that those companies who come out of the prices. It is not when everything
is five. But what we're finally saying in the market is a lot of
people just coming in now and and it's when market is down. It's when
you're supposed to be fulished about the markets. So I like that, you
know, like I always say, if you if you go to a store,
the store or the mall would advertise that this stress is on sale,
and people rush to buy dress that it's on sale. But in the stock
market, when the market is on sale, people run away because they want
the market to be always go up in price, you know. So it's
a good call in make it that if you find a good stock or a
good company, for instance Nestley, it's a battered gym. If the fundamentals
make sense, it could be that you're buying that stock at a if we
say, a lower priced relative to its valuation. So I like that,
and then just go about to if the banking stocks. You've talked about banking
stocks, then you were specific zen it GT, I believe access. You
spoke about agriculture Presco you said Dan go to Cement and Boa. Then the
defensive you went empty and that settlers, So that those are the ones that
you mentioned again, just retreate. Is there recommendation it's not advisory. No,
it's not offered to buy your sell past performance. It's not a future
performance. And investing in stocks is very very risky. Just put that out
there. So any any other commental mixer or should we then move now to
the foreign stocks? No? I think it's fine, gotcha, I think
that's quite question. Online a thing for any the stocks. That's where the
non footage stocks are listed. There's some top stocks. One code and produce
the pig. It's new. They've also been doing very well. There's one
O company others compaying the inspiration that they're doing well. So it's it's what
will always just advice where you have look at work are their past results?
Just look at it's it's published, Look at that it's doing very well.
Look at their past results and if that will give you an idea that if
they are profitable over the years and they've been really bidden, then it's also
stop to look and for you to look into you know, like you mentioned
that's before rasters. We know that what's dragged them to the negative shoulders is
because of the effects for you. But when you check their tone over it's
still very high miss business and still going. But because of one or two
events in the country, Yeah, they have become unprofitable, which you know,
as long as they continue to sell, they would also get out of
the woods. That's an excellent Google commentary, sir, So I know I
don't have it for a long time, so I'm really trying to I'm getting
out of DM what's even looking at them, but also to get as much
as we can from you. Tonight, let's go now to the foreign stocks.
That's one of the sectors that we mentioned in our ast location. So
what's what's what how do we are put for in stocks? Do we go
ETF, do we go the mutual fund drought or do we go the individual
route? Do we go high cap, low cap. What's your take on
how in Nigeria and want to do the best five years, How should you
approach foreign stocks? What? What's what? What's for in the first place?
Okay, thanks, So when we talk about foreign stocks in this you
are investing in stocks that are listed outside the country. But I think for
now, for most of the platforms are available from Ninegeria give access mostly to
US stocks. So when we're talking speaking from the Nineriana and most times when
we talk about foreign stocks, you also have it gives your un mostly explore
to US stocks and US and its. So if I'll look at if you
are going to invest from two perspective, if you know you don't have more
time to monitor the markets, you can do a fifty fifty. You look
at the top five stocks on the based on even market cover department because lives
of Apple perstealer Google, you you want to put steady half in that.
Then you look at maybe you want to invest in the ETFs like this and
the five hundreds. Then there's the banger five dread also did well, lasted
almost twenty percent and lasted Yeah, so you you also want to invest in
that. And if you don't have time at all. You can just look
at the ETFs, you know, like the ETFs provers summer sector specific.
You want to be in the technology space. You want to invest in thetfs
covering technology. They talk the tesktops that the Anger five hundreds or the usher
index you want to invest in. So what are consist in the market is
doing well? Of Marcady you're also paying nefitting and most of the cts also
pay division. I know because I'm also invested in them, so they pay
division. So you can look at that. But if you feel you have
the time, you can look at stocks within the electric Bible space. We
know that they're still lots that are going into the NORD and the renewable,
A lot of support within the spaend likes of of of Estler. You still
feel that would will present good opportunities. Start within the AI space would also
present opportunities. You have the apl the you have. I think the Googogle
is also going into into a high. You want to look at that charging
stations. I feel that at least the top ones that are well known the
charging point IV go most of them have I really done. I've gone down
and it's when they are down that you feel as long as you look at
the business opportunities that still remain, you can buy it. So talk about
the renew the evs and Lucid in the US. It's also he's talking wants
to reveal and invest in and do I want to have a bit of exposure
to you don't want to buy the direct people who see their stalks like Mara
and it's the guitar. It's bits that tracks and it's going that that traps
them. It's going that you can also invest in. So that's what I
would say about the foreign foreign stots. Okay, so I have that in
the The key thing here you mentioned says the exchange traded funds ETFs, which
allows us to diversify our holdings at a very very cheap cost. So details
are like you need to trust the mutual funds, but you can trade them
during the day more or less. Right, And you buy me like you
said, you buy one Vanguard ETF expense which is less than ten percent,
right, but you get exposure to your top five stocks in America, the
apples, the testlas and again, like you said, if you don't know
what to do, go with the professionals go to ETF route. You mentioned
renewables, like the ETF like that target renewables and the tech sector. So
like I always tell people, start from the top, right, start from
the top. So you do us, then you can then go maybe a
large cap. Then you can then go to your specific sectors before you go
to your specific companies. Because you don't have the money to buy one stock
of Test that is nearly two hundred few dollars right, just one stock of
Tesla, But with twenty five dollars you could buy a fractional SHEF and ETF
say VTI that tracks about forty forty five hundred individual stock. So for you,
it's dippecification and all that kind of stuff beside. So the last one
we're going to really talk about is you mentioned gold. You mentioned crypto,
You mentioned talk about crypto right now, this for in space. But let's
talk about gold. So how do I buy gold? You know, I
went to the States and I went to the partmental store I think was Costco
and they were literally selling gold bars. So you went, you can go
to the parpal store and you can buy gold bars from Costco literally gold.
But how can an investor in Nigeria that can come to a store in America.
How can you investor get exposure to that gold sort of heh that ports
for yourself. Okay, thanks so in also in Nigeria and every song wilso
remind me. I know there's there's a gold fund new new gold ETF new
god e t F. Yeah, thanks so much here in gold ets.
But if you also want to go route, there is also a gold ETF
listed on the last Nada. I think you can also buy that through most
of the platforms that is access to US I use access to US stocks,
so you can also buy that there your buying your US stop or you're buying
your ETFs. So to access those said for a stop foreign its the ets
is true. The platforms that can give you that gives you access to the
US stops. Okay, alright, so I got you so now, So
I just want to see if I can just take all these questions that are
popping up. I won't look at them now, but I won't just maybe
start to take them on so we can sort of get the crowd integrated.
If you've been listening, guys, I was moving mister ayodig Ebo. He's
the he leads Optimus from after Investor. He's the chief business officer. So
I'll have to ask you about what chief business officer does. I have to
come back and ask you about that specifically. So if you've been following give
us his portfolio on how as in Nigerian with a five year investment horizon,
how should you approach that investment. He's given that to us, right and
again it's not advisory. But what I'm taking from it is I'm learning you
you options on where a should put my money, so you don't have to
have a five or two year but he's giving you options. And of course
you can have is approaching the market forty percent Nigerian bonds giving you income,
twenty percent foreign bonds, hedging that Nigerian fixed income exposure, trains put in
Nigian equities for niger inflation to ten percent foreign equities to hedge a Nigerian position
and also to give you income. The look at crypto, look at a
goal protecting the entire portfolio with shock up servers there so they're very very tidy,
well taught op portfolio. So let's now go into the guys. I
want to ask questions. Thanks for hanging out with me so Much's let's start
with everything, so let's keep it short. We have a ton of put
on ask questions, and I would have mister Eppel here for a very short
time. So great, sir, Oh, thank you for thank you,
thanks for the time. Beautiful space actually did come up in before he went
down the rabbit hole of what he wanted to say to ask about the bitcoin
atf actually allow your thoughts were on that, but probably I could just direct
the question to Stodgy and ask him personally if after Vest does have a bitcoin
strategy bitcoint particularly strategy because of the fact that it's worth majorly this so real
well funds and plans on firms and you know black ops on the grip of
them are really considering at the moment. So does I think of us have
a particularly bitcoint strategy or is it just crypto in general? And even that
you are much of a technology believer. I just wanted to know why your
conservative nature of five percent for cryptocurrent see is that way if you can sort
of expand on that, I think this is my short version of questions I
have. So you just particularly touch on the big contif per se, which
one would you? Have you looked into you? Have you looked into like
the atiquity? Have you looked into the like? Have you read to trust
as well? A lot of that time, I know probably with Lidia House,
I don't know. If you touch on particular, you can also touch
on whether or not after invest is looking that way because okay, thank you,
thank you, go ahead and start. Okay, okay, thanks.
I think I have my my friend yeh, who is speak more than the
cop is the next pert in that space. But based on the strategy for
use or the apprivers, you know, where you look at stratedy would only
tie into policies. So it's less than two a three weeks that the government
and is now admitting the prey of cypocurrency and like on the optimus by our
previous platform, we is something that is there are not being coned on.
It's only Wendy you feel that the policy is right and as we go on
within the year that would also be found from the US not be condom kind
of this month. So that's that's what we believe. Policies first and it's
good at the ucipient new civilian management. But put it that way, we're
saying that's an area that can help retain effects within the country because we all
still trade when was but we are still were trading heavily through other other platforms,
so that would really help and Wi Fi designs. It's because this is
like a very conservative like portfolio, your ex apetit. You can move things
around in terms of percentages if you know based on the risk that's the risk
level of ollerands that you have your understanding. A lot of people you know
in crypto currency you can lose your ships if you don't understand how it works.
So but you can also make a lot of money and there if you
understand how you work. So I think I will just because I can say
even a lot of questions, I'll be getting responses very short, so we
can cover much ground. Thank you, Thank you, sir. I think
we'll just we'll just leave it that that and maybe Olimiy didn't want to speak
anything, not just on aving investor in terms of maybe the Francise sector and
crypto. I know we're expecting that you were ruling on crypto anytime soon.
Is anything we should know about as an investor. Five percent crypto if anything
want to say on that? Yeah, I took into very interesting and so
mister I was asking me if you wanted to expansionate on the question by everything
that everything's touching on in terms of the five percent rules that you did and
also the ruling were expected from the U s SEC on crypto, if that
was going to be make an impact if for instance, US is we can
that US banks or US IT just can now do the spot ETF Will that
change your pot for you? So I look need to touch on that and
all that, Okay, I can hear you. Okay, So I think
that pretty much very comprehensive investment strategy for different of the type. But I
think I want to just so if we look at and I'll be very if
you look at the team of the pace about it only rightcause that mission you
are at the lowest level. You look at brackets and that you are musing
and it's parts and data. So pretty much it tells me that you don't
have lawsy for excessive risks. So I want to putting in the crypto or
higher risk asses. So what I'm I looking at, I'm looking at opportunities
that would make me write to Trent the next five years. So I will
divide my profle into two and basically I'll keep it simple depending on my appification.
If I'm like I order you for example, that tailor approach with definitely
make you human because what's trying to do is that just in case and I
said this, if I wait on that price, that diversification definitely blow search
and negative to frenship. But we don't have that lugs three with eight hundred
dollars in retam, so five years, well I'll do is that output one
undreading government bonds with for the listen of the big boys that are coming on
the nngs and definitely put my money into once it comes. So while I'm
waiting, I get interested, I'll look at you sbox for example, I
can't afford to pay details because of commissions. I can for that money is
so useful me to make a difference on Grood the next five years. So
I'm really looking at stocks that we really right in the next five years.
So right now I think it's defensive stocks for me. Defensive stocks that health
stocks are utility. If we look at our last year, they did very
badly because of those suits. They had MDI issues. I don't want to
compass plant names, but I'm particularly writing on that with the cases of the
more this is outbreak, the cases of population Groods, We're definiteical to see
demand and Generica drugs becoming less more competitive, even though the city weation tigers
coming into playing that market as if the Americans have the edge. So definitely
looking at those talks. And the reason is because if you look at the
price there last year, three of the major what house books are love to
be do so as if a different people and I know the others had that
definity, I would get a pillion at some point. So that's basically my
strategy for crypto. With that amount of money. I don't think our advers
want to put in because honestly, you can't buy you differently, bers are
touchy or you buy and you know Cruto today, you've seen the market.
He can go up. There can yes, over nest five years, it's
still unclear. So I'm very particular about looking as less risky and basically received
and high return investment. So that's my take. Cal I think that's a
wonderful space. I think you touch on something I didn't want to touch on.
It's one million iras. So it's not for the quote unquote pig boy.
Sorry, it's for the folks that have money five hundred thousand, ten
thousand I want to start to invest. I see, I'm sorry. It's
a risk. It's a risk adjusted, very very afflo for a reason.
If you lose that one million, I'm not sure you might get that woman
on back tomorrow. So it is not for the guys that are very substicated.
It's a very very simple portfolio, something you can build on because you
are. It's a risk adjusted, very very conciliar astly where he's going to
limited. Thanks for giving that clarity. I hear he's saying, health talks,
defensive stocks and all that. Good call. Let's just run through the
table. Austin, go ahead, sir, Austin shild to be very sure
to build a very direct asks the question. Austin, go ahead, Austin
going once, Austin going twice. Tech technocrats please go ahead, Technocrats going
once. Tnkard going twice. Shwi boo bee shrieb Benjamin, please go ahead,
sir, go ahead. All right, thank you, thank you for
this privilege. I won't send you a message on how to invest my one
millionaire and you reply that you don't give investment advice. So I'm so happy
that this spaces of disabling and it's helping me already. If I decided to
invest my one millionaire in uh, I fixed it called maybe a place where
I can give maybe. Uh this we fixed dn't without any form of risk?
Is it okay that way? Uh? Yes, mister is dropping on
answer about it comes up? You know when when you do look at it
this way, its treble right. There are only two ways you can invest.
Only two ways you can invest. You can invest what we call fixed
income and you can invest what we call variable income. When you do fixed
income, that means you are sure of the returns you are going to get.
But because you are sure of what you're going to get, your returns
are kind of lower than if you invested in what we call variable income,
which is investing in a share. So for instance, you have a farmer.
Your farmer come to you and says, I'm going to sell maize by
the endly farm in a year. Borrow me one million error and I will
give you ten percent fixed. So you brought that from a one million He
gives you one million, one hundred fixed ten percent. You don't care whether
he makes a loss of you make your temper cent. But what if the
farmer that's fixed income. But the farmer can say, borrow me one million,
and when I sell my maize, I will give you ten percent of
the profits I make. What means you are investing in the profit and loss
of that farmer. So in this case, you can make one hundred million
if the farmer sells is mazed whatever happens, right, or you can make
er What if deformers will get eaten by pests. That's equities. When you
invest in equities, you are investing in risk and reworld. If you invest
in debt, you are going to get your money show, but the returns
will not be as high as equities. So if you as a younger man,
as a younger person, right, that's why we chose thirty year roads.
You are looking to accumulate your assets. You want to grow your assets
because you still a lot of time. You want to grow those assets so
that they can pay you as you are living, right, So you want
to look for ways you can grow that money that is up to your risk
appetite. That's why if you invest in equities, you are allowing your money
to appreciate. But if you invest in fixed income, your money, your
interest is paid to you, but your principle would not appreciate. You see
it. So fixed income only gives you return on your money. Equities give
you return off off the principal itself. So it's good to do a balance
so you don't lose your principle, but you allow your money time to grow.
Does that make I try to compress investment in just a few sentences that.
Do you have a sense of what I'm saying? Yes, sir,
yes, sir? Okay, yeah, please if you, if you,
if you can go online, try to google where would I invest one million?
I write for neurometrics. You will see this article I write. It's
almost every year. Try to google I invest one million? And I'm also
going to share this article also as well. And also this just recording and
try to understand what the point is making. Don't focus on the individual investment.
Try to understand the concept of what the idea is talking about. How
you draw up a plan according to who you are and invest are quality your
objectives, not according to retterms. That's the one thing you want take on
this trible Yeah, all right, super practice, thank you, all right,
super let's get mister god o god please go ahead. Okay, look
you could go going once, you could go to going twice. Oh look
tell me men move dude, please go ahead. I can hear you.
Please go ahead, tell me hold on, you can go ahead. Yeah,
thank you, mister Carlo. So it's an interesting topic. We got
here and as i'd investor, I've been investing in the Nineeran stock since two
thousand and seven, but when I left the country, I discovered that it
was really very difficult to assess most of the stocks I've got when I was
by Injuria. So my contribution to this discourse is how can we create an
enabling environment for Nigerians at home and in the hospora to invest in the nine
Urans stock market from any part of the world where they live or reside.
Like here in the United States, we have apps like all right, okay,
just just just just for t I think in Nigeria we have lots of
apps that now allow you from when when you are in the world to buy
into niger stock market. Most of the big stoproking of Niger are all online.
Most of them, if you pick any big ones, they all have
online portals. They are also apps that are not stock brokers, but there
are licensed by the Secrets and Exchange Commission to trade stocks. So and mister
I only mentioned a few calorie wise, you know and all that they're all
there. Piggy Vests even said that they allow you to trade and maintain a
portfolio of abroad. I think all they want is you have to upload a
KISE documents, either a driver's license or something to show who you are.
Then you open an account online and you can trade. You can fund your
account and you can trade. So it's it is available, not k IF.
And if you send me DM or whatever, you would get lots of
that does also Google online you'll see terms of marriage, term optimus, csl
f C, mb ibyt C. They all have online portals that allow you
to open an account or lolok yc documents, fund your account and start to
trade. Makes sense. Stone is those stocks that I'm talking about now,
and this organization also helped to recover them. Good question, I can hear
you perfectly. I think what what you should try to do sir? Right
if you get this stock broker. They can go to the registrar, the
registrar of the companies where you bought the stocks. In right, you can
mandate a stockbroker to go and collect your past dividends and your past echo and
maybe the bonus certificates. They would ask you for identification, they might charge
you. They will go there because it's all in there. They would print
out your past dividends if possible, print out your divid your bonus if possible,
and give it to that broker to then put into your c s CS
stim on your behalf. So I will say contact the stockbroker and say,
hey, this is my problem. I'm invested in the past, and say
Nigerian breweries they have a registrar. They will go to register of Nigeriam Breweries
with your mandates and your ID and try to get your past certificates and bonuses
and pay into a C s S to lopen for you. So the anside
is, yes, just come to mister, get the stockbroker and then go
ahead with them because I work. Can we gotta go. I'm trying to
speak ye, all right, I got a look, tell me send me
a d MK, send me a DM. I'll make sure, I anside.
Oh look tell me how are you doing? Please go ahead, look
tell me. So I just want to actually opening about investing a first commodity.
Yeah, sometimes there's an investment option on my mind. But little they
said much about mister she's asked about commodities in general afflections particular, what's your
takes up? Okay, thanks sodentally. I've also invested in it and I
made money and exited. Then I think it's also an investment doction to consider.
But it's easy and so you need to understand when you are coming in
and do something you can also do for the long term. It's it's also
good. And they also have like an app where you can eased the access
and purchase the hormodities. So yeah, Rise Party and Covert inmates. Yeah,
so I don't think it's Yeah, I found that so all that a
stock broken houses. That's the bitty houses that tend to do books both the
aftersialities. We have an examples of some educations and that no, so are
the insitutional level. So you know we called B two be that they do
and the B two see so they use the mobile app for if you're doing
the the bit two B that you want to purchase in being bits but for
the as already bit to see so the bit to B it's more fixed income.
So maybe they need to raise about two billion they want to fund purchase
of commodity in book. Yeah, there are fans that the lives of because
it's not the public. I've only speak about a invest to us as we
have relationship with them. I would want to speak about other than because it's
not like the public that public for those partnership with them, but you can
also reach out to effects themselves. It's also a table organization. They are
regulated by the Securities and Exchange Information. Yeah, I think it's that I
think if actually have that license. Yeah, they have that license to do
commodities, and they've been there in that space for a long time. They
know what they're doing. It's not just to trade. They have the warehouses,
they have the connections like that, they have the app. You can
actually invest money on that app. You can trade on that app. You
can see price movements. So if you want to do commodities, the rights
part of the COCO, that's your bet to go to. You know,
you can say you want to do it. What they call boost that you
on that fem but it's easy to just go to to effects. I've had
them here many times in the past and they've been fantastic. So it's very
very good to do. On correlated investments. You know you are buying as
are not call it to government bodjets. You know means will sell, you
know, ginger will sell things like that. So I would say, if
you want to go into that space to die pacify that portfolio is a good
idea, just diversification to me. You're very welcome. Yeah, let me
get by your biology biology go ahead, Yeah, good even good living here
everyone. Thank you mister Calu for the opportunity. My question is actually about
the percentage in the five year horizon infection age for Nigerian stocks. So I
can see said that they are located here. But I was looking at the
all shar index of the Nigeria Stock Exchange and I can see it in the
overboat region. So I'm thinking like, would you be advisable to, for
example, increase my portfolio in bonds. Then as I give my interest,
I cannot time my entry towards the market's correction. Nigia Stock Exchange that it's
a bad world. It's that time. So that's a hard an investment.
I hear a question. It's a very good question. But let me just
say before mister, I answers overall, try not to time. When you
go into the market, pick your sector, pick you, or pick your
objective. Then pick your asset to match your objective. So, if you
are younger, this is rule. It's not it's not a law. It's
a rule. They say minus one hundred from your age and the larger amount
to being fit in in equities. Right, So as a younger person,
your objective overall, this is the average right, is to generally grow or
to know to expand your principle. You want to grow the principle. You
want to make one become ten. So the only asset class that does that
for you is equities. You can invest in nira in the stock and that
one era becomes too nira. It also becomes zero neira. But it can
become too nira in equities. But when you buy bonds, your principle can
never increase. Is what will happen is you get a return on your principle.
So if equities are overbought and you're a younger person. If you change
your your your objective has not changed, right, it's still you want to
still appreciate your capital. If you then go to bonds, you are chasing
returns. They're not chasing your objective. That's why you enter trouble. It's
the same reason, the same reason. I could do cryptocurrency ninety percent,
then time and come back to the top equity market when it see what I'm
going to. If you are chasing returns, you will be chasing even crypto
because crypto gives you a bigger return than equities that should protect you know,
but they say one million are profitable. Let me see mister Aios if he
has something to answer idea. If you had this question, cleric, no,
I ad this question, and I think you answer it correctly. Iiming
and markets most is it's becomes like you're trying to expect relad So if you're
trying to invest, just if it's because you're looking at you the long term.
Your market looks very as we say over board levels now, but you
can if you're buying over the long the long term, and you're you're waiting,
then there will be no problem. Even if you're buying their divan currently
for they with their gut to pay dividend of three fifty for there's almost a
percent. You still you're still being in the still be in the money and
businesses continue to grow. Yeah, so if you want, you can take
that position, you can. You can also you can take that position now.
But if you spill you want to be one or two that's one or
two months. We expect there should be a correction at this slike correction.
Then you can just that fun you can, you can, you can on
me, but always have that long term perspective. Those that are benefiting now
and mostly those that were we need to go long term. Interesting, let
me ask you, let me ask them this question. If if Monday wake
up Monday morning and the us SEC announced that sports basic Bitcoin are now approved,
is there any direct Naderian company or set that would automatically and immediately benefit
from that decision in the US. What do you think? My good question?
Uh, guarantee you know that's because you don't have any life or listed.
The Drum Company by the cib Giant Gretation Commission. The hand Clip to
Set Exposure, however, has gone to live in the space completely So we
have banks already, my DRIM banks and fit their companies. I doesn't want
to mentioned names, but we have I think about seven of them right now
and three three existed and unsurprisingly, if you look at one of them is
it's a two par In fact, it won't be best performing the two bank
on the NGS after I went on back. So I'm very optimistic that such
such positions will definitely applify blocking technology. However, it doesn't give any direct
affilicity with what is going to happen capital market. This is because the Secret
Commission i'll showed that they are interested in rebilitated security. That's why the new
c ENGEN that is backed by denial has approval, have more identity about finance,
bitch point or material. Okay, so by hey that if it's approved
on the same Monday, you think the bank profit to go up, but
it won't show up in the stock market. I'm not sure I got that
clarifying. Well, I'm saying that indirectly it's going to happify. But if
you have bands that have a feeling doctivity, the systems go writing traditional investments
for me. Okay, yeah, that's what I mean. Okay, okay,
I got you. Okay, let me get to see you. See
you, you're hopping here, see Google, go ahead. I really expect
you guys and listen to a lot of what you say and I I just
want to ask a few questions. In terms of derivatives, it is impossible
to enter the resis market with in terms of agride sectors and energy in Nigeria.
So looking at futures options and cops, is it impossible that most of
the time you want to protect yourself from those pressure risks and want to find
out that's a possible venture for yourselfing thank you in germs he's an expert.
Not yet, so I think we only have right issue and all that mister
what he's talking about right and put sports all that kind of stuff. I
don't think yes, then your next changes will work in the pride to I
didn't launch one or two deribted, but he's still like up from being in
Nigerians. It's not an area that is not an investment that may be available
on the tip of your hands on platforms where you can live by Let me
ask you, but see you, let me ask you a question. Are
you trying to go are you going short or long? What I trying to
head I'm looking to combine some kind of agree agree agriculture and captural intensive I've
seeing with energy with Enron, so I'm trying to see if I can be
able to merge that rights for arooked that the articles. I don't think rice
has any futures or any type of price risk management, but I think natural
gas. So I'm just trying to see if that's possible to put any kind
of investment into that. I mean, you know, just to just keep
my mind that most of we used to have these folks in Nigeria that were
trying to do what you were saying, but it was fraudulent. I eithery
were buying rice in February, March, April and then send the rise in
December North December and more or less trying to you know, you could invest
in them, and what you were actually buying was a put in January February
and then a call in December November. They were actually doing that without knowing
they were doing the derivative. So they were taking the excess of the market
and releasing the excess bank to the market at various times to take that abitrait
you're talking about, but in terms of that thing being regulated, no,
and that's why you have the fraud. So people just saw their returns and
put the money in and they did not have the rise to buy to meet
those contracts. You know if something I mean, they had the idea.
But the problem manager is the supply. If you hedge rice in Nigeria,
the counterpart delivery, it's where you're going to have a problem with. So
if someone's looking on to receive my rice, I want the contract to to
to to come to fruition supply my rice, then you have a problem.
But if it yeah due to the forward contract, if you do the futures,
you have an exchange, then you can eliminate counterparties, but you don't
have the underlining asset that you're going to build that contract on. It worth
the problem because someone in Kevy will tell you I will give you rice in
three months. You sell that forward or that future to a ted party.
I'm saying that the actual rise in Keby is stock on the express road,
either with band aid or bad road, so that if that contract itself is
allowed to unwind, you have no rice. So it's no longer a shot
sales. It's no longer like a squeeze shot squeeze is the actual product is
not being delivered Labies. That's the probab with you that those actual things.
Uh yeah, great question, Sam, I'm excited. So let's get Alan
Alan. Hey, what's your mind? Sir? See you? Thank you
so much, mister Allen. Thank you, Alan, I got Alan Jerome.
Let's get Jerome. Does he do sir? Okay, good evening.
Okay, I've been flinding conversation. Thank you, It's been very educating and
insight for I just don't want to ask a very quick Christian with regards to
investing in this talk market. I think you've mentioned some platforms and exchange in
Nigeria. I just wanted to work a very simple twisting, which is when
we invest in this exchange. I think I've been quite conversated with I think
one or two Prove and Bamboo. My question is, when we invest in
this exchange, do we actually purchase the actual stock or they are just contracts
for difference. They just give us the difference over actually own the stock that
you got to discome from that? Does my question you actually so look at
it this way, right, let's look at your Nigeria. You have a
company called c SCS. When you buy a stock from a company, the
first time it's sold, the primary share. The first time it's sold,
the company sends you a dbate, a paper called a certificate. It's good,
but if you want to sell your shares, you have to take that
paper and transfer to someone else. So it makes it bureauchatric, and it
makes it longwided, so you have t plus whatever. What CSCs and registrars
and customs do is that they eliminate the need of the paper. So the
paper is stored in a central place. So if I want to buy or
sell, I just transfer on the computer. I don't have to transfer the
paper. So now first forward this now to you buying stocks in American stocks
in Nigeria. When you are buying stocks to say bamboo or cocawie, you
are going to a company called drive World. Drive Worlds is a registered company
in the US. It's actually drive World that is making those purchases on your
behalf right. So that's why you can sit in Nigeria and buy the certificate
called Driveworlds on the system in America will file that paper for you to say
Jerome owns one fractional share of Tesla and geromeans in Nigeria. You don't have
to get the physical certificate from Tesla. So it happens immediately because it's a
movement of numbers or baten bites from America to Jerome in Nigeria. So that's
what happens if you request, if you read the drive World or the Bamboot
paperwork, they will tell you there if you request to have the physical certificates.
And it's not just because you live in Nigeria, even America. If
I buy shares in America, I don't get the physical certification, but if
I request to have it, it can be given to me. So you
have to wait. Because you go get the certificate, they'll process it,
they'll post it to you you that's the point. If you want to sell,
you have to take their certificates send back to them. It's to be
processed before it can be sold. So the answer is that you don't I
hear your question, but it's because you think you don't need it. Once
you have it booked on drive World, it's yours. If drive World goes
down today. If you remember there was a company in Nigeria called what's their
name? They went out of business. Pass Folio, Yeah, excellent,
pass Folly went out immediately. Your shares will give you to an American company
and American community to you. And I said, hey, we've taken out
from pastfolio. Where now the new guys deal with us. I have shares
in the new Sorry, I have my shares in that new company because I
bought shares to pass Folio. So nothing really happens to you. It is
in nomine. Your shares are held in the CSCs or the costudent the US
stock market. You are just listed as the owner. So that's really does
I answer your question? You don't you own it directly? Yeah, can
grab wellbutrary stocks. Not really. You can create synthetics, but not in
the stock market. Not in the stock market, because you are buying the
actual physicals that represents ownership somebody else. I can here create a synthetic share
of of of U US Bank or of Bank of America. I can do
it and sell to you. And I say, if you buy this synthetic
of mine, it's representing the stock of Bank of America. And if you
trust me enough, we will have a market on that we could do that,
you and I, but can drive well do that? That would be
too You can just wake up and say because you are another course student first
was the start with. So the continents cannot because that's just so much power
to do that. Now, it's just it's just custody. It's just the
same We look at EFX. EFX has a warehouse with rice, then EFS
creates a contract for rice. That's same thing with stocks. The stock market
is really an agriculture. The d end of the stock market is from agriculture
futures forward. It is all agricultural terms. So in the stock market you
have the shares of the companies listed. You go to c s CS,
you have your shares there. Why would you want the physical You know,
if what a pose on your certificate of NESTLEI and it's a billion error,
you can't sell thatself god anymore. If you hold the physical guilt of Nestle
and your daughter draws in a nice face on the certificate, what do you
do? One billion? But if it's CSCs, you know it's there.
Can CSS create a synthetic because no, not really, because you know it's
the way it sorted out is you just can't on your own say I have
this shares. It's safer even for you. In the past, miss I
will tell you, in the past, we used to have fraud where people
will go and create they will duplicate your nextly certificate, duplicate it and sell.
How was that possible because there was no central registrar. But now if
you bring your certificate to this to the market, is the track where that's
the BIS coming from? Who sold it? Because it's all electronic, I
can I know who sold it, where it was bought from. So you
just can't walk in from the space and say I have a video shares of
Nestley. That's not a question. Do you want to have a comeback on
that? No? No, no, very perfectly, mister I do you
want to that, sir? No, I think it's excellentwer Wingman, We've
got wing band. Let me also go to DMS. Oh my god,
I'm not that DMS wing bam, please go ahead, DMS. You know,
wing Man going once, wing Ban going twice, Joey wing Man,
please go ahead to all right, So this is a big and also I'm
I'm trying to find out like no, actually, when Mike like in world,
because just as from those like A went to a house like as a
beginner, would you suggest that how much do you think is like sufficient?
And I'm focus on say how much? How much? How much? If
you lose? Can you? Can you? And also do you think to
go with? So let me ask you a question if how much would you
lose today that you'll still be okay? You see wake up, you still
go to work. I see your baby crying baby? How much do you
think if you lose? You okay? For you? For you? How
much I think if if I lose let's say the last today, I don't
think I'm going to yes, So let's start with turn dollars. That's a
good start. Let's start with that, and then we build it up.
So we build up a portfolio for you that you can invest for long term.
Because the thing with stocks is that you don't want to buy and sell.
You don't want to buy it and sell it. You want to buy
the stock. Allow us to compound even your dividends. You put your dividends
back into the stock. So we are saying five years. You know,
I have an Instagram group that I told them to just buy us ets just
one party. You can buy VT. So I can buy VTI or Vo
just US equities, hold it for ten years, reinvest your dividends. Let's
compare results in ten years. We say this, I think it was four
years ago when they're putting five years. Don't sell, just buy VTI or
Vo. Reinvest your dividends. Let's look in ten years the returns you've made.
It's not hard to invest in the stock market the product that we think.
We are smart, so we watch wall streets, so we want to
buy and sell and make money with one stock. Phisticated derivative. No,
keep it very simple. You see a good sector, you see a good
company, you buy that company, You reinvest your dividends. You leave it
alone. You leave it alone. That all dividends. Stocks are profit and
loss. If you find a good company, who are you selling? If
you s just go up to a hundred million, what are you selling?
So does that make sense? So start with what you can lose. Then
build a budget based on the percentage of your income. You can say I'm
going to take one percent five up my income and invest in my portfolio,
and I'm going to buy ETFs or what I do. I said, work
with a percentage then then build up from their set. You asked about a
bamboo, if it's Sack approved, I would say, it's okay. There
are many I use and not second approof. I won't. I won't say
that because now second said. When I said when I was talking about Nigerian
apps that you could buy you as stocks, there was no seclized approval process.
So when we did trove, there was a second process. But now
seconds are proving folks. So Bamboo I think is approved. I think Cawrier
wise is approved. Those guys allow you to invest in that in the US
stock market. Also, remember the Nigerian stock brokers. I got the optimost
have invested Mary Stream, they see yourselves. They all have online portals as
well, so you have many options now to invest. There's no excuse.
When I was growing up, we didn't even have options to invest in Nigeria
online. But now it's in Nigeria. You can sit in Nigeria and buy
Tesla, so you really have no excuse. Right, wh did have a
follow up? Or you're good? Thank you excellence? Take you say to
your daughter for us? Or is your son? Or you're welcome bro?
All right, So I got Joey, Yeah, Joey, go ahead,
yeah. Hi everyone that Crystal goes to the meeting the motal Park and one
of these guys taking notes, Oh, I hear you very well when you
say health talks and defensive stocks. Correct Oliver there? Okay, So you
know, I just wanted to make the strategy put for educational reasons. And
you know you need to look at last year for example, stocks are and
look more of a technical and person, so stocks are really at their premium
and relatively look at what is happening this speed. You see that there are
put backs and tail stocks and stocks that did very verse to really high.
So I'm looking looking at companies that I have good fundamentals but did the last
year. So for us, I was looking to factor the health and red
sector stuff. Now you know, can it give you a good option?
Okay? Goods is you don't need to have so much of the guys.
You don't look attas that have help focus. But the reason why most specific
is that I want to capture the trend and I want to have more roots
in that five years. So I'm really could as stocks that really play along
along the to And that's why I said that stocks like the health are utated
stocks. That's because of the price presently treat and the market you cover.
All right, okay, all the answers, you sair, yeah, yeah,
yeah, right, say say say this is one million time back,
then what would you do? Mm hmm. So that's what is asking that
in case he has okay, Oliver there, yeah, go ahead, he
says, if he has ten millions with the change one, I was still
maintained that accommendation because temo in US market you're depling. You see, the
question is that for me? You know, from my basic understanding about investments,
we capitalut with schotite the tennel five years, five years in the stock
market, you can go from that. This is not so many years.
So I'm trying to capture because we are if they are forced to US markets
back. You know, we have the accommodation, we have the distribution,
mark up markdown. Now the U S top market is definitely in the distribution
waiting for mark down and lockdown is a good thos Whens start happening. So
you don't want to be caught in course fires. So you have to be
build their humanity and now you put their aumuenities good for assets that don't suffer
great your drunks and have chances to grow and house from fundamental That's my strategy.
That would be the same one hundred one dred media to be different,
what would that be, well, four hundred million. I think I really
to the investment suitable boats. You know, if you look at it in
those terms, antret meon is less than it's about some fire thousand dollars right,
So definitely I'll have if I'm my whatt is, I will have much
more way to play with if I'm both for the definitely, I'll look at
the US jurgery market, I'll look at degrees in Ukley, I'll look at
in Germany. I'll probably play around the Japanese there for more of youth positivity
with coren because differential opportunity partice here this are how investment banks make money on
the side. So that would give me much more side look more returns letters
all let me let me ask us, let me let me let me ask
Germany. China has a property market issue and China, China has a but
if you look at China, that linder he's saying that you mentioned Germany he's
saying what you didn't mention Jerremany, That's what he's asking. Jermany is Jermany
is our group's biggest economy. Jemmy has more more less than to GDP compared
to France and looky. So if you look at it on paper, journeys
and the package is very healthy. So fum PEROFOLO investors don't in brother markets.
And if you look look consasions between the CPS natives and talking about interest
to its United Stiller interest diective with the Americans. It's massive to also have
some unity against because this year last year, nobody expected the hero to how
tron that fight. You later had this ryer coming to It's always good to
have that age and the best place to edge in European Gurney look, Joe,
let me also mention his points again for Jewish. If you I looked
at the return in the US markets this year, the price movements surpassed the
dividend movements. If you bought Tesla for one dollar and it went to two
dollars, the market really reacted more. The profit in the market in the
US this year was based on the price movements, no more longer on the
dividend movement. That's very simplic and that means that as your capital increases,
you are more concern with the opportunity cost of not simply putting the money in
the US got in the US fixed income market, if you took your money
and you put it in the certificate of deposits in America for one year,
you will get paid five percent risk free, risk free five percent. That
means that the market has got to first of all cover your five percent,
cover inflation to make you even interested in anything. So if you the more
you increase the capital you want to invest, the more you are now worried
about your daily what you are going to get If you simply left that money
and say in the US high yielding investors going to pay you seven to five
percent, that's the problem for you. The more cash war On Buffett has,
the more he is losing by not investing that cash. So for you,
it's going to be if the more cash you have, you're looking at
the more strategic investment to say I want to buy this particular sector or this
particular stock for this particular reason to make a return on that block investment.
If you think Tesla's going to open up in China, which he is going
to do. He's going to open up a massive new factory in China,
and he has already delivered more cass than record today. If you think that
Tesla is going to be the number one car company renewables in America, and
that the US government is going to invest billions in the Cheap Act and the
renewables as election takes place, they're going to allow more Americans to buy more
renewables, They're going to launch more rockets, then you should take a play
block in that sort of trade that saying, oh, I want to buy
in this sector or this eat those things. That makes sense for you.
Again, probably that makes sense for Jory. You're more looking at if the
more money you have, Like if you're jpmunk and you're looking at if IF
IF First BANKU page, you're looking at the movement of First Bank from this
place to that place, or the direction of this sector from that No longer
the incrementals looking at the large scale that's where you make the money, because
it's no longer dividends. Is christ appreciation long term start? Please go ahead,
you have your answer something, Yeah, So I want to say that
I think sorry I miss the name, Joe's Joey. Sorry Joey, Yeah,
Joey. So you seem like it's investors. So but you know,
like the focus will try to break it there. If you don't have more
you understanding about the markets, you say maybe you'll say one minion and you're
trying to put it somewhere where you feel can be at least preserve. You
don't want store too much story about the font. But when you get in
to that level of ten one hundred billion, and it's definitely there, would
they may be like a change to be mixed because someday we also have no
understanding. But I think what I will just wrap up with is on this
is that if you don't have but because of listeners, don't have much understanding
about selecting, stop selecting this sector. Just go for itios Like mister Cowler
said, it helps I cook. Why look at my portfolio the view examply
five hundred, but there was no time to even check it for two three
months. You benefit if the market is up. You can look at them,
the index, the sector, the banking sector. So whilst you're invested
in that, you know that you are covered. It's only when the total
down trending the market that would also impact you, and it doesn't. It's
not always when you invest in it because they are well there as I five,
you may not gain as much as then they get your representation get invested
in individual stocks, but you also don't lose any can because imagine the Bangard
five hundred. All the stops cannot go down at the same time the balance
us. Thank you well said. And let me just ask you this quick
question from DMS. And if you just journey, we're talking about way to
invest one million error in Nigeria. Godster, did you ever hear Loumlear supporting
We're just trying to get the principles around this right. I have a question
on dm very interesting question is asking can I invest directly from the without saving?
Can I invest directly from my monthly income without savings? First, that
question tell me one thing that we're where maybe we're confusing what savings says our
investing is. The way I prefer you invest is to go direct, which
means from your salary, do a direct direct debit from your salary directly to
your stockbroker or to your investment account. So before you even see the money.
Take it out of your income completely, Take it out completely, and
do a percentage. Don't do ten fifteen. Start with one percent. Say
one percent of my salary is going to be invested. That's my target for
this year. Next year, say can I increase that to two percent?
Start like that. Get the habit so don't even see the money. So
it's you earn ten thousand nira a month or whatever. Take one percent.
Start with that, or take five percent. Start with that and put it
away into an investment account automatically. Savings means you haven't spent your money.
When you are investing, you are investing your savings with intent, which inten
That's a difference. Savings just means you have money, you haven't spent it,
so you saved it. When you are investing, you are taking that
savings and investing with intent. The difference is the intent, right, It's
only investing that has the intention of making you revenue. So that's what I
advised. When do it that way the way you are doing it, do
it that way from your pace. Stop go to the bank or broken and
say I wanted to give you a direct deposit from my income. I don't
want to see it. Move the money first, when it's your stockbroker,
then go there and say okay, let's invest. It's removes the temptation you
always say, I don't have going to invest. It's not true. If
you have going to do your phone, you are going to go go anywhere
you can have money to invest. Think of the future. Your most important
investment today is your retirement. The most important today as a young person is
your retirement. Mike, I put your hands up. Mike, go ahead,
Mike, go ahead. So yeah, thanks, thanks, thanks everyone
for this opportunity and the beautiful forum. So I've played a little in e
f TS. I've also played a little in the other stock you know that's
outside of e f CS. You know that I kind of see potential for
growth. I've gotten my hands born to bit. I remember the I think
that's lots Mark and start up an Evy start up in the US, right
I'm still telling with their bankruptcy or issues right now. But that that's a
lot on my on my own side. Okay, But then I have begun
to look into what I began to consider the Chinese market. I'm sorry taking
conversations it was little, I mean away from where where it's focused on.
Anyways, I've started to look into the Chinese market out of interest, not
have invested yet. I know the US market is much more bigger than I
mean, the first the next five market combined together, all right, But
the Chinese market seems to have some spak that not many people know about one
and two deliberately by the Western world not to expose that spack, you know.
I just want to get your your your your, your view of that
market and then the possibility of you know, people you know investing in it.
I know, I mean the structures around their their market might not be
as as well established as that you see in the Western world, right,
But I mean also there's also a bit of risk, you, Mike,
I think I think. I think it's when when when I think when it
says foreign stocks, and if I they may give a tlple of a foreign
et I have in mind. If you do VT VT, that's a BANKRD
you're buying all the quote unquote good stocks in the entire world. VT would
include some Chinese stocks. I know VT has a percentage. The problem The
problem like and again this is like I hadn't known with Chinese talks but look
at let me give you to stocks in China that draw my attention, Ali
Baba and I forgot about the stock, but the stock of the companies that
do this educational the prep schools in China, This educational prep schools where you
go to the school you prep to write your job in Chinese is a massive
corporations. China woke up on there and said those things are banned because it's
not quote unquote socialism, because only rich people could go to those schools and
poor students can go to those schools. Those companies talks crashed. There were
five of them listed in the US markets and all that they all crashed to
almost zeros last week. Just two weeks ago, a Chinese guy routed memo
Chinese policy guy wrote the member that says kids in China will not be allowed
to spend money to buy on app games video games, so you can't spend
money on the inn app games, but I don't want to restrict how more
time Chinese kids were spending online. Immediately ten cents ten cents there to crash.
The Chinese goman had to come out, sack the guy. The guy
is what's wrong? Sack the guy? Look at look at Alibaba. Ali
Baba came out. It was going to be the largest IPO on earth,
largest ip on it. But he said something bad about the Chinese Communist Party.
They've cut that guy down to size. Now we don't look at we
don't see Jack mar al Baba. Again, this is the only plant in
China has that. Sometimes they forget that they are he captures the economy,
but the communists and then they so who get scared about what they will do
tomorrow? If you go by every grade ever good was three years ago,
four years ago, was in number one stock in China, number one stock.
They need, they need the chairman, They need to chairman that the
football club, everybody bought them. Then suddenly chairman says no, three red
lines and the entire recesstem in China has crashed. This is the problem with
China that they can wake up tomorrow and say Cryptois band and that's the end
of it. So if you can, if you can stomach the risk,
is the very very good place. If answered my question, you've actually exposed
that instabilisity in their in their structure. Okay, but I also I also
look back at the American big American investors. All right, it is invested
in by the IVY IVY companies, right, which is which is way bigger
than even Cancelor in terms of numbers. For they turn out right if you
look at all these things that they see the risk, but I will play
in that market because they know the market has a lot of potential, you
know. So yeah, this is that for a guy that hasn't for a
guy that has a million, nobody's going to take one of berfect money,
one of buffets to call chairman. What's this guy? Chairman g and they
will talk. And the chairman was, okay, Warren, you're our friend.
Who know, Warren can call the chairman. That's the point I'm making.
But we can call the chairman. So I ral Vanguard calls the chairman
for me. So if I buy Vanguard VT, then Vanguard is in China.
If they have any problems, they can call and say, hey,
what are you guys doing. That's why the party guy got fired, because
I'm very sure black Rock and Vangard must have called and I said, hey,
we have shes inten cents and it's crashing because your guy said that kids
shouldn't buy games. Now I don't think what guy said is wrong, but
that's what must have happened. And the China sacked the guy. And now
that the kids can buy games, so again it's back to risk management,
just like Nigeria. Just like Nigeria. Sorry to be Nigeria. How do
you invest in Nigeria? You know you can buy Nigerian stocks directly? Do
you know how I ban Nigerian stocks Ian dran stocks through the MSI X index.
I buy the same Dangote the same Access bank I buy true MSI index.
You know why they won't mess with those guys when difidences are don't they
give them because they are foreigners. So I say, Nigerian, I buy
you that foreign arm I pay the interest to. I'm not saying should do
it. Sorry, guys, I'm not sure you should do it, But
for me, it gives me a piece of mind. The ritter than go
to his head office. Right, that's a signal for me. I just
I don't want the wahalla. I'm just you know, just give me.
Give those guys that ifd have to give to me, it's the same shares
we're buying. So I just don't want anybodyster you want to come in.
So sorry. This is not one young guys. This is just mister,
do you have any No. I think because of time, I think you
were responded to. Then I think I would like a lot of moments that
I'm also saying. I would also try best baby by tomorrow too, if
I can respond again to all this night by tomorrow. So to respond to
you, yeah, yeah, I'm saying, I know, I know you
have what you are up against a time crunch. I'm going to allow you
to to exit. And that's one to just bring it that you are here.
And I just say, apart from him being here again, let me
say this, he's one of the most humble people I know. This is
a CEO. This, this is a big man that is here talking about
investing for one million era. It's difficult to get put that will come here
and spay nearly two hours to do this. And I do it on purpose
because I want those guys that ask a lot of questions, they don't know
where to start from. That's why I'm doing all this. So I do
appreciate you, sir for hanging out with us so much. I won't I
won't close the space. I will keep the space open. We'll try.
Look, they will try to answer a question like I have about Some guys
will ask a question, but I allow you to. Then, you know,
exit and then take take care of your time. Again. When people
ask me wait there by treasury bills, I always copy mister Ayo. And
I asked myself, Sam, I'm sorry, Sam, send you to me.
DM says no, no, no, send the DMS. It's fine,
ULTI most guys will take care of it. When I want to buy
us bonds from my association, I give them mister Ayo's name. They sent
a guy to talk to them, so I personally use his firm. I
personally vask for him. It's always good to deal with people you know personally.
And I thank yourself for always being there for us, not us on
the space bounder's level. Appreciate you, sir, so so thanks so much
for hanging out with us. We do love you, okay, thank you
very much for this opportunity, and I also lend you lots from this pace.
And thanks mister for the good book. Thank you, sir. Appreciate
you, sir. For the folks. Thanks all right, all right,
folks, so thanks mister. I'm gonna bow. If you stays in there,
it's fine. But we have all the all the folks that are gonna
tilt take the questions. I tried to rush and it was gonna leave,
so I was trying to rush to get going to come in. So let
me just take for me, for me, Hey, for me, Shusa,
Thanks for hanging on there. I appreciate you. Go aheads out your
question for me going once I was trying to job. Oh go ahead,
yeah, said, I was actually trying to drop from this should I got
the information? Okay, okay, I got that. That's fine. Thanks
for me. I appreciate you, sir. Not a problem. Look I
can him Amino. Can you hear me? I can hear you, So
go ahead because it's time. Grants me requests. I won't hear anybody again,
only you said. I also needed to connect with my phone to hear
what people are saying. Thank you so much, Calu and the omedia and
everybody that has always been impactful to be the layman coming into this space.
I have a few questions I want to ask from you guys. The first
ont okay, when aything came up, I bought editing their coronation and they
created my store broken accounts with them, and they issued me a C C
number C A C S number, so it iman buying maybe bond or whatever.
I always got that. So but when someone introduced troth to me,
so I started using trouth know all the all the Lennies or the knowledge I'm
using on the platform is things have been tapping from you guys. And that
also entuesced me to be reading about some of the news and see what So
most of all this can you know? But things I've been using truth Now
I thought that they created them r A r M Securities as my stock broker.
So I went to CEC website I created and I can't because I was
like, okay, all these things are doing. If Truth, for instance,
crashed today and I don't have our sex to truth, how would I
have access to some of this investment that I've made if this one. So
I was like, okay, let me go to see this because I've read
c S S platform, Well, help you to show all these things.
But I created an account and I tried to look in, but they kept
saying that you contact my stockbroker. So I hang like, okay, which
of the stock broker am I going to is it true I'm going to return
to or is it credation? I don't really understand. Okay, good question.
Just let me just give it just how it works. Right in the
past, we use paper certificates to show ownership. Now we still use paper,
but all the paper resides in a custodian. That costing is called the
CSS, the Central Secrets and Considence Sales I think c sees. That's where
all the certificates are lodged. So if you buy a primary offer, the
company will send you certificates. Paper you take it to the CSS is lodged
there. The advantage is that if you want to sell tomorrow, CS just
transfers from your position to the bias position. So it's T plus one or
two and three, very very efficient. If you bought shares through empty and
they created the CSTS for you, mean that your physical certificause of MTN and
in the CS with cost with coronation, if you buy or sell, you
can go from that CSTS to any other place if they advise you to advise
them there your stockbroker. It can be Cornation or AARM, it doesn't matter.
You can actually transfer your shares from that one you have to anyone.
You can measure them, you can transfer them if you want to. You
can should just have one or have one if you have a broker the CSS
for you. It's simple, so don't it's not a problem. If you
tomorrow buy through a TED company, there also create CSS for you and they
can measure it for you. If Truth or any of these online apps goes
on that it doesn't affect your CSCs holdings. It's just they are just like
the front face you see on your holdings. They don't control your CSS,
just get them. They can't go into your CSS and sell without your authorization.
That's why you sell a buy or sell contract that allows them to debit
and transfer from CSS to the buying account of the broker. This basically saying,
so does that answer you writing right? Does I answer you yes?
Yes, yes yes. The addition to that is just that when, like
I said, when I try to log in after I've created account on CES
the normal logging registration, I paid ABE three thousand n to have access to
that, but ei time I tried to log in, so its usually say
go referm me to do. That was why I asked the question now it's
clear, I can send email to any one of them and tell them that
this is the problem. So how can I do this? Then? The
last question I just want to ask is that now I know there is this
ipeos that our parents used to buy, then that they go and so they
meet, they saw the advert andsipant, they'll be going to attending exam or
what they call the meetings over and down attending meetings. But with that,
we're now buying the generation that is not buying online. How do we know
which once give dividend? Is it all stocks that give? How do you
know which? One very interesting question? You know. Sometimes I'm again again
this is not to you, right, But sometimes you know, because I'm
so into this, right, sometimes I hear some questions and I'm just you
know, I'm happy I do this because okay, let me answer the qu
rite him right, a company, when the companies say any every company has
directors and they must give them. They must give them returns, returns.
Dividends are not mandatory. But once you buy shares and say MTN or any
company and they declare a dividend, they have to declare a dividend at the
anal general meeting. So if they declare dividend, they will tell you when
they are going to pay, and they will tell you when you should be
a member of the company to receive a dividend. So if you simply go
anywhere online, go to any coronation or whatever. When you look at the
stock tables, if you look at the very very end of the stock table
you see dividends declared, they will say yes or no. They will say
interim or full dividends, and they will actually put the date there when they're
going to pay the interim dividend or the full dividends is there. Or you
simply go log into the share webs of the company, look for the investor
page. You'll tell you if the plicular dividends and when they're going to be.
It's the same meeting you're going to attend those agms your parents attended well,
where they decided to pay the dividend. When you bought shares in MTN,
all MTN did was to transferred your shares autraumatically to CSS in the past
MPTEN will give you a certificate. Then you take your certificate to your individual
broker, who would then put in the certificate for you. But they made
it a lot easier for you, so you didn't get the certificates. You
just got the shares transferred directly to your cso so it's more efficient for you.
So if to know if, for instance, flour mills or Access bankers
paid dividends, just go to their website, go to an investor page.
They will tell you that they're gonna pay dividends, when they're gonna pay it
and if it's in time or full otherwise. Go to the Nigeria Stock a
Change website. It's also there what date when they're gonna pay and all that,
or even any stock broken up will tell you the stock is paying dividends
and when they're gonna pay. It's not mandatory they pay. Whether they're going
to pay, they will declare it and they'll be given to you. So
run he make sure you can also tie your dividends to your bank account,
so not't allow them to post the difidends to unit certificate. Give them your
bank account. It's called eed dividends, so they pay your e dividends directly
to your bank account. And I will say this, open up a separate
bank account for your dividends don't receive dividends into your NORN bank account because it
might mistakeically going to sue. You open a separate bank account for your dividends,
so you can't do what's called a dividends reinvestments plan DRIP. In America,
most of the companies offer a drip plan, which means you don't get
paid your dividends. But deveers have applied automatically to buy your new shares.
In nigi're not so, but you have to ask for it, so they
don't offer a drip. Create one for yourself. You open a new bank
account for your dividends. Your dividends are paid to their bank account, then
from the bank account you now issue. You're a broker in new check to
buy your new shares. That's how you want to do it. Don't mix
your dividends in with your normal bank account. So that's the best practice for
you. Don't answer a question right here, yes, yes, yes,
thank you soon, thank you so much, thank you so much, excellent.
I don't want to be a last one. Is that okay? Now
I bought empty. Now I bought down sugar dandees on Shrove. Now let's
say they I don't know if anyway. Maybe I would just return to those
people and ask questions. They have customers. As you can't measure it.
If you want to mergine the two one you can that becomes your broker.
That means that if you want to sell, you sell from that broker.
You get to I actually want you to measure it if you if I have
your shares it with me, you must sell through me. You get the
game. So it's like having money in the bank. You have money in
Access bank. You can go to g TB and say I want my money
in Access bank. You have to go to Access bank and take your money
out of the same with shares. When you get the money, you put
it in the bank. Then when you almost get your money, you go
to that same bank and withdraw with the ATM. So the bank is your
CSS. Okay, all right, thank you so much. Welcome Noel,
noel, I've got no well, no weel hopping? What's up? No
weel going once? No well going twice? I've got this full any headsman,
how are you doing? Sir? Hello? Thank you very much for
this opportunity. So let me see please go ahead. Oh okay, thank
you very much. Once again, So my question is still about dividends or
it is again I just wanted to understand. So I do understand companies have
a specific time that they paid dividends, some based on maybe the quarter basis
at all. But what happens when they do not make profit? Because it
seems like dividends are paid based on the profit that they make. So what
if the company you know doesn't make profit or or what if maybe the company
goes bankrupt? What really happens? Great question. So when you buy a
share, you are buying the profits and the loss. So a difend is
not mandatory when you invest in a company, the company can pay or cannot
pay. The company can make a profit and not pay you dividends. Tesla
does not pay dividends. As a matter of fact, the way you know
a growing company is that they don't pay dividends. Google did not pay dividends
for a long time. Microsoft test that didn't pay dividence. Mature companies pay
dividends because the way they think is that if the company is growing, it
can use its money better to grow that by investing in its own company than
paying you a dividence. Do you get it? So? In Nigeria,
most companies pay a dividend. A good way for you to know is this,
if you go to the's a sector called the Nigerian Pension Index in Nijer
talk about it. They have indexes. It's als called the Nigerian Pension Index.
Nigerian pension companies will not buy a company that does not pay a dividend.
That's their rule. So if you don't pay a dividends in Nigeria,
the PFIs will not buy your share. So the PFIs have their own index.
So a good way for you to know a company that pays difference to
just look at the Nigerian Pension Index. If the company goes bankrupt, no
dividends. The company can also make a profit and decide not to pay you
a dividends, no problem, the company can. They don't allow a company
to borrow and pay dividends, but some companies get very innovative and do that.
So it's not a guarantee you get a dividend. That's the difference between
shares and debts. When you learn the company money, they must pay you
back when you buy their shares. They are not Mandy doesn't pay dividend it's
not by force, and they can't pay you whatever. They can pay you
one goble per share or pay your tenner share. So that you have high
diffident paying companies and you have low dif them paying companies. Cenn It Bank,
it's been high dividends, senll It Bank, some companies and now you
don't pay dividend. Yeah. Does I help money? Yes, it does,
but just a follow up if that's possible. So what I'm looking at
is now you could see that some people that are investing in right, so
I would look at a few companies that are dividends paying stocks. Now that's
what I want to invest in. So I'm going to say, okay,
like I have ex amount of money going to believe in these companies that pay
dividend, and then that dividend that is being paid to me, maybe you
know, I can just use that money as my I mean called passive,
perfect and perfect. Yeah, you're on the right track, So you can
do that. Like if you're objective, if you are older, if you
want to get dividends on the market, that's your objective income. Right,
you could go to Niger's stock exchange, pull up that PFA index. You'll
see the companies in Na Shad paid dividends. If you buy them right,
that means you're going to get dividends from them. So what I advice is
this open the bank account that is only for your dividends. Then you use
that bank account and you use this for your e dividends. So all those
companies to then pay their diviidends to that bank account and that becomes passive income
for you. Well said, that's how I advice you do it right.
Thank you very much. And one last one please, I just wanted to
say this especially for those that you know are in Nigeria as well. You
mentioned something about you know, all these right companies and all I think last
last day I tried playing around. It's just you know, locally buying the
deris and reselling it. It seems like it's a very profect, doable business
in my own you know, based on my own calclasis, because I feel
like something that I bought around twenty three ka back almost like forty to fifty
ke. I do understand the market changes, but I don't know, like
what's why is it not something that is very popular? People are not doing
it or are they? Like companies that specifically do that and they give that
much profit. Or is it for commodities specifically, yes, like food stuff.
Let's say, now you buy it, Yeah, I got you.
Well, if you ask me right. The reputable companies that do it are
the EFX people. They at ax a f EX. They do it right,
and they allow you to trade on rice, paddy, ginger, cocoa
and all that. Lots of local players in that you are trying to do
it, but they're doing it fraudulently, and some of them start off without
understanding that even though there's a price movement, the delivery is worth killing that
second nature. I know a friend that tried to do what you're saying where
they will take money from investors and they go to the farms and they buy
rice. They buy the rice before it is planted. So he was taking
money from people then funding farmers to plant rice, and the farmers will give
him the first harvest. Then he pays back the rice farmers. And if
you look at the profit or the return on that trade is higher than even
bank deposits hard and shares because you buy rice at ten thousand nier, the
back comes to him at ten at fifteen thousand, but he send the rice
at fifty thousand. The problem with this when the farmers get harvests is either
one story or the other. Either there there's bandits or the roads, or
there's insurance. You never get the actual physical things in the same consistent quantity.
Remember to do a communities market, you are issuing contracts, future contracts,
forward contract. A contract means whatever happens, you're going to deliver.
So the guy will come to me and say he needs four millions it four
million four. He cannot deliver the rise, but he has to pay the
interest you see it. But if he had the rice, he will deliver
the same bag of rice that he has been paid for in January at fifteen
thousand naira. He's delivering it today. So he has made fifteen thousand and
eight times the interested in Nigeria for free if he has the bag of rice.
If he does not have the bag of rice, he has to pay
them the naira equivalent. So the business is sound, But it is if
I did that same place in America. There are no bandits in Ohio,
there are no badgrooes in Ohio. So I will get my bag of rice
from Ohio to where I live without any problem, no problem, so I
will get my bag of rice answel and make a profit. But in Nigeria,
if you go in January and you tell someone pay me ten thousand today,
and I will either give you rise in December or I give you fifty
thousand nine December. What you are doing is that you are taking a forward
bet, a forward bet that the roads and danger will be safe for you.
If the roads are safe, you can get your rice out. So
by the same rise and make fort thousand and three. But the rows are
not bad. You've lost forty thousand. That's the problem. That's the there's
not a long with But the environment and does not allow that sort of agricultural
forward doesn't allow it. So I would to advise you to do it as
a vendor Olim they go ahead. What do you yeah? Agree to the
party with countle Plightly equidity is yeah, you stop pocket And I'm doing for
three that the spots market itself is not so liquid apartform baking stocks and j
stats stuff that chief talks. It's always advisable for reason till to have with
a longer term perspective, and that's why personal finance education is very important because
you need to understand that the markets like the United States for example, market
makers provide equidity. Still at that you still see gaps if you look at
the chance to see caps, gps, not trading zones, but maybe because
they're not as part in the market. So you have to be very careful
because the caps can't make you lose money. So derivatives in the career,
if you really free agriculture, they have to go through the affairst round and
just like as you said that you need to go direct with them and understand
the risk because the equality this comesroom is in big factor trading your markets.
And that's why I usually tell people that see, you cannot make money in
trading or short the trading except you work in those top investments and firms that
have the cash and play to do. Yeah, that's just the limit.
That's just it. It's the numbers look good on paper, but the writing
nigeria is that delivery risk is a big problem for liquid risk, big problem.
You see, well, you see that top ten returns for Nager stock
market, the top ten returns if you notice the top ten guys are those
very liquid stocks they're making one thousand percent. But if you try to sell
five millions of those stocks, you can't find them. You can't buy or
sell them. But they're doing ten thousand percent return. You know you have
to sell them than Yeah, you can't get ready by price most of the
time, so it's just the quoting the number return, but not the actual
it's not available. If you go today now to buy those stocks, you
can't see them, but it's ten thousand percent return. So that's that's really
the cool. If you want to do commodities, I would just say stick
with effects, you know, stick with those guys say no, they own
the warehouse, so they have the commodities in the warehouse. So the deliver
risk is a bit with you stand trying to trade on your own. I
mean, if you guys do it, But man, it's the Wii life
too much. That's nasty. I'm telling you. There's a guy that comes
to my space, Harna comes to my space a farmer, and he will
still tell me he's making one bag of rice. How much sense bag of
me is? You know? After he does all that, how much it
pays for a truck to go from with his farm to legos. It just
doesn't make any sense. It doesn't make any sense. But the issue that
you keep bringing up about delivery, why does it have to be delivered?
And you also mentioned something about like call meaning like you buy ahead of time.
Yes, let's say now, for instance, I do want to buy
so when they have this is done basically when everybody's harvesting and stuff, people
buy already. So I buy this and then I keep it. Yeah,
so ideally people are going to be be planting again, and then people are
still consuming this, then logically the price will go up, and then that's
when I sell those things that I do have. So say, now,
mister callor you give me, you know, like ten million RA and I
buy let's say, like a thousand bucks, and then I keep them.
I took this money around September, and then now next year around maybe I
don't know, end of the year, December or something like this, I'm
going to sell those particular things. And perhaps since I'm making a profit,
I'm paying maybe I'm paying you whatever it is, maybe we're sharing the profit.
So what's the problem with the transportation here? I feel like just buy
and sell, or people just buy before actually planting. Where's the problem,
come fross. So remember that what you are doing is a trade if you
don't have the underlining assets upon the scheme. What you are saying is this,
and I'll give you the exact for pull listening for me, put let
me can follow us. Rice sells more in December and November than say April
or March. So what people do is that they'll come to you and say,
give me ten thousand and aerra today. In December, I will give
you rice for ten thousand and ira. That's what people are doing. That's
the trick. Give me tens of hours today. In December, you get
rice for ten thousand and ira. What does the guy do with your ten
thousand? He takes your ten thousand, he takes five k and gives the
farmer. So he buys the farmer's produce already at five thousand in January or
whatever. Because the farmer is getting money ahead of time, the hummer will
give him discounts on the rice harvest. So in December, what happens if
the farmer gives him the rice. He has taken your ten thousand. He
gives you rice. So man, people don't care about the rice. What
they are going to get. They will say, don't worry, sell my
rice and give me the profit. So he will sell that rice is given
to them a ten thousand for forty thousand, give them forty thousand. What
is his profit is probably they're taking your ten thousand in January and invested it
for eleven months. That's his profit. So why do pulling invest Because they're
going to get the price of rice in December. They will say, oh,
my rice is not worth forty key. I don't want you to give
me the rise in December. Just sell it for me in whatever it is,
giving an error value, you see, that's the trade. Without having
the rice to sell. That means he's going to go and borrow forty thousand
error and pay you. That's delivery I'm talking about. That's what's going on
because the rise that the farmer he has paid it from me if I can't
deliver to him either because bandits or road was bad, so he doesn't get
the rice to sell to pay you back. Do you get what I'm saying,
sir? Without having that rise, it's a poonzy scheme, which is
what people now stare to do. They'll now say okay instead of send the
rise. They will get money from new people and pay you, then take
money from new people and paying new guy. That's where this whole pont enow
started because there's no Rise being sold, but there's new money coming in to
buy rise in January to send in December. If you go to that warehouse,
there's no palm oil, there's no yam, there's no rise, but
they have millions of narra from people bringing new money to pay off the old
money and all that. That's what's that's the fraud I'm telling you about.
There's nothing wrong with the transaction if we could get the rise because everybody benefits.
The farmers get money outside the banking sector. The guy in Legos gets
customers that need rice cheaper than December buying in December. Everybody wins. The
problem is the insecurity and the infrastruatetion does not allow this rise to go from
KB to Legos. That's what I'm saying. Does it make sense now?
I totally understand most of the guys you see don't have rice. It's just
pounsy give me money. I give you the relying on new money to pay
you. There's no rice they're selling to make that forty k. It's money
from the new people that's paying you the forty k. Yes, So that
means if I can buy hold it and then sell it later, that's something
that can perfect perfect. That's what I'm saying. If you can do that,
but you can't buy rice in general. Now I'm just seeing an example.
Because there's no rice in January. You have to buy the rise.
You have to pay for the rise today and hope the farmer will have that
price available to give to you so that you can sell that rise, pay
off your debt to the subscribers, make your profit, and then you close
the cycle. You know, you open a cycle by taking the posits for
rice from from people. You close that cycle by living ris, either by
saying the rice or giving them theirra But because there's no rights, what you
do you leave it in open. You now take new money. You haven't
closed the contract, but are taking new money. I don't want to waste.
I hope you get the point I'm making. That's what's the point.
Yeah, very much, they're welcome. Let me just get missed doctor,
doctor Obier. How are you doing, sir? Can you hear me?
How are you? We're just talking about agriculture. We were we had mister
Ibo and mister Able here talking about where to invest in and I know we
have we have penciled you down to also come in and tell us where also
you would invest in million narra with the ideas. I want to get people
attuned to investing by giving them real life examples. But in your case,
I want I want to make it ten million, and I want to target
to agriculture. Where can I invest ten million narror in agriculture in ninetia into
twenty four That's for you, but not now, not this space, not
now. But I want you to just talk about and if when when I
actually start able, I said, from the economy, I went top down
the budget and went with the best and of course I had my concern with
full and talking about how to fund farmacies in this off off off buying off
balance sheet and that were funding Germany views on that for me, there is
something you know doing Agreeking Natures all about trust, both from the upstream to
the downstream and to the mistream. And basically over the last six years some
of the experiences have gained I've opened my eyes on the need to do something
and then scale it up. Currently. What we're trying to do is to
raise We started around June in September to do dry seas in the spaces and
the to have coconuts under With one million era, you can do ten thousand
seedlings. Ten thousand seedlings simply miss getting the spotted nuts of the teleorativist,
buying the bags, getting the sands, putting the soil, planting it.
We did, watering, fatalizing and then watching it grow to nine months to
y year. For ten thousand spotted nuts of the hybrid error and super gin
the worst case scenario seventy to eighty percent of it we survive and grow to
maturity. Is a cash cow. I'm just letting out a secret. Like
I told you, we did three hundred thousand units two years ago. We
lost most of them to insecurity and bandit. In fact because of the activism
and most of my staff disappeared. As I'm talking to have a nosery farm
of about five thousand Mexican paid hippot but chat that we developed very profitable.
They have people that have vestiblities in the white because of US equity most of
so, but what they described they're not the ones within a massive or chat
that was not faced. We lost most of them to piece. I know
this UNN government are very prazy. In fact, there was one bishop that
mentioned to me how they will come with it. They just start government truck,
massive truck and they will be loading those things that they'll be taking them
away and nobody will question them nobody. So what I now did was this
year we had to now do it in the faced environment, faced and get
it. It's aluly a way that nobody can have access to it. It's
only only have four plucks and they that four plots can I actually do up
to fifty thousand that we're just doing it in prize of twenty thousand. Like
I said, with one million, you can do ten thousand, and that
ten thousand Euly seventy percent of vives is so much money because it is an
agage of about two to three hundre error to raise one three up to nine
months including level costs, and then you can easily sell it because it's very
expensive now for eight one undred narra to one thousand per three. I had
an experience of as somebody has me now, as that's like a dozen government
they always want to take advantage in fact, they can't made that. Somebody
wanted to pick up at a thousand unites. We agreed on a thousand ERA
per units, and the guy is now saying we should multiply the number.
And they give you to them a three thousand per units, then I will
pass two thousand to him, and asked me, I spent almost nine months
one year. I've been in distant for almost five years. I will just
make a spread of a past fifty sixty percent. That's kind of culture we
live it. But that is by the way, like I said, give
anybody one million ERA, I would advise the person go on crops, cash
crops. Either you agree with the palm trees, you're doing the duo conno,
or you're even doing the plants. The dead trees. The day trees
another cash cow. For most people who do not understand the hector of the
day three of one or a fifty trees in one hector can give you as
much as two thousand, eight one hundred dollars. In fact, the hybrid
in six five six years can give you about twenty dows per hector if I
fund the two because gets in ten thou ten dows par hector. Eight or
the dried dates per date foods in the market then goes for about eight thousand,
eight hundred dollars. See that's why it's yours cried every time, shouting
and screaming that Nigeria is an oive of wealth and those of them who purport
the governors do not have that discipline a record to do this one or things
that multive doot. You want to go to this ter do alf coconnas.
Even the hybrid musical papaire is another one that gives you a cash cow.
The hybrid mesical papire in eight months best estimates, it grows and the CRUs
for at least for five years before it's that diminish in in productivity. Three
is a composer about sixty to eighty heh of fresh red pampire and nine months
is start producing and it is some vibe. So if your plants one hundred
and I mugine a one hundred ninety eight percent of it is life. I
don't know require so much regard and so much stress to the proloberities, doctor
Barry. I mean, for foremost regards thisss thing here. I don't think
even even if they have the money. They don't have the time or the
knowledge it should. Are you looking towards creating some form of outlet or paper
where can say, okay, I have tenk care, I have one hundred
here and I want to invest in this is that? Shouldn't that be maybe
an avenue for us to explore I'm saying something to you basically, what like
now, that's the place I'm telling you what I have left with an experience
those three monthly planted in a place where this is gated where you have that's
what I need now in the way that you cannot have access to that place
unless you have the keys. And of course I have trust the hands who
makes go make sure that those things are taken care of and taking care of
when it's as when to. For those of them who do not have always
joined the body. If you don't, you're not on ground. Whoever you're
going to be partner in which you know. The era of you give somebody
money you don't know what the person is doing is not right. You must
have the evidence of the person has a gated environment, the person has the
fastilities to do this. Before you read your money've always said it. Anybody
telling you give me money. I will give you this without evidence of what
you will do. When you will do it, you can do it.
Show you use products of what to what he said he wants to do,
and then following up gradually and don't release all the money at the same side,
because that what I was what I nobney do like I have guys want
in the adsers Now, I know how much it costs to get disparted not
from Wymer in Calaba. I know how much it costs to get a bag.
I know how much it costs to get how many trips of you that
can bag ten two fifty something I've done over time. I know how much
it would take with it, like to apply the initial fat lads and then
live with it. Lads are growing. I know how many how many trucks
of litters of water it costs you because in dry you spend almost about ten
thousand liters of water every four five days. So I know how much it
costs to bring ten thousand liters of water into the tanks every day. I
know how much I paid those that water. I know how many terms you
have to with the family a yay. I also know how you can also
protect the fam from rats and Rabbi is going to eat this matter not before
they get you know, strong roots in the crabs. So these are things.
Anybody that you're talking about is telling you you want to to invest your
money after you need better. I can tell you this is not mentioned.
They are no brainer. If you can get thrust that people don't understand how
this is are done, and they can you invest with them what I know
about. Like the guys running my my my chap, now I do it.
I give them that comfort. At the end up the yay whatever profitablic
they will take forty percents, I would take sixty. They would have a
party in them creating job. And therefore they are being paid for taking care
of the place. They have typed that you pay them to measure that the
authoratists that are doing so, they are only just to coming. What I
eat is the money and what I and then go and do their business.
But they are sure of moneys coming to them at the end of they have
vers season. So papaire en error they do alf cocconauts. And I always
if you, if you can even in your affilage to come by land and
face it. If you have money, the land is there for you.
The value is great and you also have them that you great your for plan
make money for yourself, all right, So I think it's a very well,
we have to bring on a special space. That's what I'm hearing.
The DM people are saying, we should bring here on it. So we'll
do itemize, so they bring their note books, itemize it. I will
have more information because people want to come and walk it with. This is
what I will do one, two, three. If they can't do it,
they tell their broader the silkie. I heard this. I want you
to go and investigate this, and this is what we'll do. One,
this is what we'll do too, so we'll do three. So I have
to bring you back. So that's what the DM people are telling me.
And I don't care with these people here, so please let me bring it
back. So we take an hour and just drill down on this. And
because the team this year is export and diversification. And I hear you say
a dollar pattern. I hear you say the specification away from bonds and shares,
so it's right within our alley. So let's bring you back. So
if you don't mind, and then take our time and yes, sir,
I appreciate it. Pressure, you're open it. I think we've got about
this is how much time we've got here total before we go Loom that's been
hanging out with me, I've got about ten ten minutes the film that's gonna
be here. A strategy, I have your hand up. Let's let's this
baby down and see what's good strategy? Go ahead, got strategy, but
you go upgrade Noel justice one for justice. Go ahead. Hi everyone,
good evening. Where are you calling from? Yeah? Legos, okay,
very excellent, excellent. Also, my name is Alao me Fashional. I'm
sure a couple of people know me on this this iberic thing. So quick
on my background, Let's let's go to the struggle. Do you have a
question on the topic where to invest in media? Yeah? Go ahead,
real quick. So I'll speak to the one million. So currently, I
piloted a product last year February last year, somebody called me. A very
prominent person he speaks on TV on called me in February last year saying,
hey, mister, calls me mister, I have ten million. You know
I have some money and I want you because I have I've had a program
of trading agric commodity. So I want somebody to trade with the funds and
give me returns. And coincidentally, I have a network of procures. I
call them for cures. What did these guys do? Mistolla, I want
you want to go. You have to ask a question. I'm not gonna
like you to talk about this scheme in the country. No, but I
only get directed to the question. Let me, let me just let me
just speak to the topic. What can you invent one million in Nigeria?
One million on this platform gives you fifty thousand, So what I do is
it gives me six million? I give the procures. I'm sorry, I'm
sorry, I got I got a condomist media off. I'm so sorry about
that. Then get you please go ahead, Sorgy dm me. You can't
just speak on the plat I'm not aware of because I want to be very
sure that I'm only letting pull hear what I've vetted. So I'm so sorry
about that. You can dar me and talk about before let you speak on
any investment topic. Stocks bonds are regulated. But just chef religious, I
can't let you go on is go ahead? Okay? Thank you so much?
Yeah, go ahead, Okay. I am new to stock investment,
so I want to ask a few questions. My interest is not in My
interest is in the US. So I want to ask, do you think
stocks like in Nvidia and do you think they've reached their peak? Nobody knows,
bro and nobody can answer that question for you. But what we can
say is this right when you are buying a stock, you are trying to
buy this sector. So what you're asking is that do I think video graphics
has reached this peak? What do you think? Do you think video graphics
have reached? To speak? I think it's still starting. Yeah, well,
you know, I don't know if what we assume from outside is what
the market calculation deeps because I don't know, you know how to The thing
is that only days only day says want to talk about it, it T
and those new it. This is the Invida, the chips. That's a
very high mote business. High emote meaning that it's difficult to get in.
But once you are in, you have a very very short time to build
out your capacity because you don't become the now you know in Vida and many
people doing what in videos? You know, you don't know about right,
because they don't have the size and the skill. He's there, he's now,
I think that's the fastest gaps and go to the top one trillion mark
or near that one sillion markets and it's among the MAGNT Victim seven now.
So he's there now. I don't think he has reached the peak. The
question is that will others allow him to stay there without competition and take they
with his market share? That's the question. Chips, it's not just about
money. You might have one trillion and you can't make one chip. China
is importing more chips than crude oil. China, they import more chip than
crude oil. That's one thing they import. Chips. They can't make enough.
They don't have the technology. Even America cannot make those gents five chips.
Only South Korea and Taiwan make genty on five chips. So that sector,
it's not about the video. I would just buy the sector because I
don't know then about chips. So, but the guys are run that ETF
that invest in chips, they know more than I do, so they will
spot the next Invidia before I would even know what chips are. So I
would just say for those kinds of sectors where it is difficult to know the
movement of who's going to be a market player. Try to buy the sector.
For a bank, we know JIPI Morgan is a big bank. It's
be difficult for any bank to approa JP Morgan without or seeing that bank.
So we can buy an individually. But for a sector where we are not
sure where technic is going to go to. We don't know what's been happening
tomorrow, we don't know what e bt C if you approved, what will
happen. By the sector that's you guys, where I'm where I'm going from,
where you're not sure, by the sector where you think you are more
sure about the direction of the market. You can buy individuals talk So you're
saying, of course, because you are, you are diversifying your risk.
You can buy in Vidia today and tomorrow a new company will knock them off
or if that will grow. You don't know, so because you don't know
diversified. So even if he was invested in that sector, there are three
metals for you. There's buying the US, there's buying tech. Then there's
even buying tech chips. You can actually go down that rabbit and say,
okay, I can get as specific without being specific. So because you don't
know, I don't know, you don't know. But the guys that run
that said, Oliver, you knows perther than two of force because that's what
he covers. But I put a no model illumina because they are in the
silicon body. They do chips every day, so they know better than us,
and they run funds. So how do I give that guy my money
and say invest in it for me than trying to do it myself. Hence
ETFs that I focused on shapes or tech, would would be a banker.
That's what I'm trying to go to because we don't know, okay exactly and
I just let to add something cal you know. I think he also needs
to be very careful because what a lot of people look at is the returns
and ignore the risk. For example, a coverscate would he sudividual stocks an
last year Jesus is rarely common. You know, this is a very billiant
woman. You know, he controls one of the biggest funds in the world,
so you see knowledge experts With that, it's much better to measure your
wrisktolers with your excuse and capital. So for example, you know we spoke
about doing then now you're saying, oh, they want you there, but
they're forgotten that yet. And your size of capital matters. For example,
were in perplexed back petiaty had eight other eighty million dollars from Apple. But
if you look at the d of apples almost invisible, if you're completely then
you know Gtpak for example, has seen it's three times more than jip Mrgan.
So the question is, for example, are you what are you looking
for? Are you looking for how to edge against the duty volition of the
there and inflation, or you want campuital growth, or you're looking on how
to send your kid to probably pristing our bad yield. Your investment objective must
and language, and that is why the this space is all about enlightening guys
that see a perform the general financial knowledge. You also need to have the
personal cus on how to select and also related to your investment because the matter
just like can you said the guys went on Wall Street, they missed it.
Two thousand and last year was a good time to tell you that almost
everybody got it wrong. Almost everybody got it wrong. And these are guys
that are pants that understand that step in the market. So the best way
to capture trains are understanding the basic twos of picking value and how do you
pick value? Meeting your sense and looking for the princes assets. That's the
best way because this same For example, I can tell you for free that
the way the stock market started, now your stock market, we had two
point seven children again in a week, that's about two point seven periods in
the US stock market. The top ten biggest company and now of them are
American companies one with Saudi and Saudia Uncle we lost three under twenty Begoon two
investors. It almost lost about time Begon last week. So you have to
fact all these things that are you ready to capture the trend of market plaity?
Can you afford to lose parlator in the U S talp market that you
know ship because things a lot investing Okay for me, I'm looking at the
long term. It's like an idol for so it will not affects me to
be And so I think I've mentioned the etios like you know, because if
you look at the advantage of ETOs, you see and does plot a hundred
year graph on the Nigeria stop market that you have stop You see why a
lot of people say you have stop markets is more diable because over time the
US stock market has an apt prey. You might see it's deeping at some
point, but if you look at the graph and the hundred year hundred years,
but you cannot see that with my jera. For many reasons, you
have liquidities. Many AGERA companies are young. If you look at the best
performing and niger store stocks in the last thirty years, you only picked maybe
three or four and that's pretty much because of the can of economy run.
So you also need to factor all those risks. But you also need to
also look at what is go wrong. We saw some stocks like paper,
for example, hitting while other stuffs were hitting record high. People was into
two be clue. We saw in the companies that that have people variations.
At the end of the day, we work, look at what we work
need to investors. So it's not that all the stock that the areally that
comes to investment, but not looking as the top points initially a way that
I love people lost money in the last ten years of marketing. Fact,
many edge ones close businesses because the better casetest down, so you have to
fact all those risks. Yeah, honestly, in video is not that bad.
I mean the price to an industry issue is about sixty four. Now
both forward is about tudit tree, which means if you are buying that stock
today today, at the price listed today, your dividends is about zero point
zero three. So forget about dividends in that stock. Your price to ending
sixty four, which means will take you sixty four years to get back your
purchase price. Also means that investors think this company is going to grow very
very fast. To that part to pay more for one particular stock of Nvidia,
Ford pe about twenty three a price to book thirty six, So it's
an overpriced, not value overpriced stock, and people are paying much because they
think the stock will rise. So the Reliquo question for you is do you
agree with them? Look at the endingspecion while we're paying so much ning special
this year two hundred and six seven percent, that's absolutely crazy. Yeah,
that's absolutely crazy. So it's a good stock now. Written on investment forty
four percent, return on accest tty percent on equity sixty nine percent, gross
margin sixty nine percent Wow, profit margin forty two percent. I mean I
would there's no question that's a great company. Like I said, the reasons
very very fast. The idea is that I don't know about the sector.
You don't know about the sector. You're only talking about the Vida because you've
seen the stock. Go give it to the experts to do for you.
So you can buy directly, but that's concentrating your your fonds. Or you
can buy the ETF and you know that it attracts tech stocks and you're also
in here. If you buy VT, you've bought the stock. You buy
the the et that trust investments, you've also bought the stock. So try
to maybe go concentrate and let me see the Vanguard. I'll get name for
you, the Vanguard Tech et F. It's v something holy did you know
it? Vanger Tech. Let me get the exact tickeer for you that the
Vanguard. Well, I like Vangar is cheaper, not that it's the best,
it's just cheaper. So v just yeah, the VGT, that's I'm
giving out VGT. If you buy vg that's Vanguard Information Technology et of VGT.
So if you just search for vg T on your robbin hood whatever poses
up for you that would have in VA. So the cost is very very
low. Then if you brought through a broker, that's the whole I am
even that cost. If you give me a second, just pulling up for
me, you had you are saying cost of beings with them. Yes,
that's that's the expense ratio. That's what Look you look for the expense ratio.
The expansion for BGT is points one zero ten percent, not time ten
points one zero. That's the exponenty you gotta bind you true VGT points one
zero. It's not bad. It's not bad. Yeah. So if you
got bind the Yeah, that's the the VGT. Look just google Google for
it. There goes robbing hood plot in there. It gives you more information.
It's very risky. Yeah, but you see the investments a dollar expensi
point one Yeah, so go for it. Yeah, a lot of people
this problem that you know the an there are menum most of the people just
called a Nigeria's that resign in Nigeria. They don't have. So when you
converse the rates to black market men and you know the broadkers they use,
you don't use the kind of brokers hours have very attractive commission Commissioner rates.
So the quesson is I think it's fir to say that it is as seper
than treating with that kind of option for every Nigeria. That it's much more
expensive to trade a single sports assets like stocks you and US stalks from Nigeria
than it is because it is how a cheaper. Yeah it is again only
I agree with you, but it's just that it's cheaper. So with twenty
five dollars you can buy into an ets this this big needs a dollar to
buy one dollar because you can buy the fraction the fraction of the stock.
You're not you can't buy the food and it's almost four hundred dollars or so
to buy one. But you can buy a fraction twenty five dollars in Nigeria.
That's twenty five times twelve hundred with my calculator, twenty five times twelve
hundred. Who can do that real quick? That's how much used to buy
this stock. If you buy this particular Vigity again, I am not making
a recommendation or just talking. If you buy Vigit, you are buying twenty
two percent in Apple. So this stock Digity etf owns twenty percent, owns
twenty percent Microsoft, and then owns four percent in Vidia. So with twenty
five dollars, you are buying into a stock that has these assets Microsoft,
Apple, in Vidia, Broadcom, Adobe, Salesforce, Essential, That's what
you're buying. So there's no other way. I can think of a guy
in Nigeria that wants to expose it's for folio to feign stock that is diversification.
There's no other way. I know you can buy stocks without going during
et there's no. You can't afford it to buy directly. So compared to
five dollars two four hundred dollars, if you try to buy it yourself,
it's just too much. So yeah, it's it's when I grew up,
and you know, when I grew up, distance where available. You couldn't
buy a phony stock from Nigeria. Now you can, so it's not cheap,
but the market price is faunas to two dollars for one Yeah, yeah,
sorry, I'm actually in the US. Is it something that I most
do? No, you can buy true, even most of the banks in
America would like you to buy fractional shares. Wells Fargo, if you go
to if you logan and you have an account, you can do trade stocks
JP Morgan, all the banks have trades, stock Trading, Ted, America,
Trash Sharp, their many options. In America, you have no problems.
You can buy through any place. It's in Nigeria where they because they
don't have a social they have to go through specific apps that are true drive
World. But if in America Bell, you can buy anywhere. It's the
same thing. You're not gonna get it cheaper or whatever. If you go
directly, it's cheaper on this system it's zero points. The expense porrates is
point one. But you can buy anywhere. If you have a stock booking
per platform, just go in there and buy directly. Well, am I
going to be able to buy ETF th stock broker? Yeah. ETF simply
means a mutual phone that you can trade during the day. There's nothing special
about it. Your broker can buy an ETF for you. You can buy
yourself on your phone. It's nothing special about it. I've given you the
takeer VGIT. Just go to Robinhood or your broker VGT if you want it.
If you think it much is your objective or risk profile, consider it.
I'm not giving your recommendation. It's because you're talking about it. Yeah,
thank you, all right, you're very welcome. Let's get and look
and see how you doing. Go ahead, sir, going once on the
going twice Noel, mister Noel. How are you doing, sir, mister
Noel, Mister Noel, going once, mister Noell, going twice, one
for mister with the hands of only real Sam, only on the score real
some Hi, sir, please go ahead. I believe me hi doing,
sir. Yeah, thank you for this space. And I just stumbled on
it. And I'm not very happy because you know, I bought my first
year in the year seven. I can't remember that year, but I was
still a young boy at that time. I just wanted to see how what
it looks like buying a ship. So I bought it and and I just
made a decision this year to start also playing in the niger stock market again
because I saw one there's a post I saw on Facebook where you know,
somebody posted the top ten performance stocks in Nigeria it last year. So and
that motivated me again to you know, to look into today and now you
don't stop marketing again and see what I can make out a free so now
I just have a few questions please. First of all, I know when
I bought that my share in two six, two seven, I had a
c SS number, which I don't have it again. I've lost it,
and even the shares certificate and everything, and that's what I bought, I
can't really trace it. So I want to know how I can get back
that c S number, if there is a way to trace that number again.
Yeah, of course, just go to the go to the company,
but go to the go online, find the registrar. Then go to the
registrant. They'll get everything for you. Take two forms of ID, go
to the register of the company. They'll trust they will trace it for you.
Okay, Then this from the post and mister I made. He said
that you can invest in the you know, fisk income investment. So,
considering inflation and the constant evolution of THEIRA, is the advisable to invest in
n and feast income investments? Yeah, he's he's talking about the He's telling
you to build a portfolio with forty percent because you get income, right,
and that income he then hits you with American and equities, an American fixed
income because that's what he's saying you have to build a portfolio that will give
you returns. There is no investments in Nigeria quoted in Nigeria and regulated that
bit niger inflation. So what you want to introduce to reduce the gap between
what you are earning and what you can end visabs real inflation return. So
it's not what it's advisable, it's what are your options. You have no
options. You have to still invest, So that's what he's saying. Finally,
what wants like market summary in a word, to know the sector one
can invest. We can answer that question. I think if you try to.
If you look at the into to the world, we've posted this is
going to be recorded. We tried to give you that as well. I
think he tried to focus on the budget. He said, be a b
you Dangote, he said press co for agriculture. Then he said banks.
So I also tweeted it again. We're trying not to say where recommending that
you buy understart where we're coming from. You have to invest accurrent to your
objectives, according to your risk profile, and with the understand that it's very
very risky to invest. So if you go back and listen to the tapes.
I think he answered your question, but we're not going to tell you
and put your money here or put your money there? Does that make sense
to yourself? Okay, yeah, gotcha, all right, you're welcome for
let me get Micah. How about you. We're just going round. I'm
going about nine minutes ago, Michael, go ahead, sir, mister Michaeh
like it once. Will please go ahead? Hello, I will can you
hear me? Please go ahead? And everyone, Hello, look please go
ahead? Yes, okay, yeah, yeah, good living everyone. Thanks
for this one of position. So I just want to clarify investing between investing
in them your phone and investing in foreign stock, which one is more profitable?
It's yeah, okay, So the mutual fune just takes a collection of
stocks. The stocks is just one. So you are asking what is more
profitable in buying ten stocks at once or buying one stock at once? That's
your question. There's no way to answer that question. Why do you buy
one stock? Why do you buy a question of stocks? You buy a
question of stocks because you want to spread your risks across, so if one
is down, the whole tank can be down. So there's no way to
answer which is more profitable. You are investing accurrn to your objectives. You
are saying if I buy ten, i'm spreading by risk. I answered the
question, sir, a minimum or is par mutual phone? You've got to
do your research, so go online the one you want to buy, the
give you your mutual the minimum right there. It's not one answer for everything,
right, It's going to be if you want to buy this particular one
or on this particular platform, that you see the minimum that's going to be
there most time. It's twenty five dollars most times. Yeah, in nayrall
or in dollars around there here, all right, So thanks to them.
Get you're welcome, mister Dorothy. Please go ahead, sir, thank you,
mister. I want to ask a question about the family, the papaya
and the tags. Is it possible that the speaker, if he has as
maybe a tutorial platform or aw to reach out to him for investments if you
if you send me, if you send me a DM, I'll send him
a DM. He's left here, he's no longer here, but I'm going
to bring him back. He has been on my space before. I didn't
want him to stop. When he starts. He has a lot of information.
He's packed, so I'm going to bring him back, especially to talk
about investing in that space with specific So if you're listening, you can grab
from him. If you send me a d M, I will copy,
I will send you to him. Then you can ask him those But he's
a very packed Okay, thank you, a number to please. I don't
know if he's to ask this question. I'm on the verge of okay,
what are the needed, like say, buying some acres of land? What
did I do right? Documents needed? I don't know. I don't know,
man, I don't know that question. I think it's it's space specific,
like if you go to legods have I don't know the exactly to that,
boy, it's going to be based on who is selling, based on
who. I don't know, but I try to bring some in the space.
Good, good question for a space I'm gonna bring over next time.
Please go ahead, George, Thank you so much, appreciate you. Go
ahead, go ahead, Okay, who gives everybody? Yeah, go ahead,
real quick, we're running up. All right, all right, Okay,
the topic is very easy, nice one. Where should I invist one
millium in Nigeria. So I'll just talk about my own experience. No,
no, you have you have a question? Do you have a question?
Okay, this question I just want to ask asked about land. Do you
have a question for me? If not, that we won't. We have
about five minutes to go, so we're just running up. Okay, okay.
The what's asking is about the dollar and and transformable by just a new
being. I think so I think you can invest. You can invest a
broad many apps in Niger that allow you to do that investment. That's what
we're talking about all day. Like I think Bamboo, I believe calie Wise
they allow you to invest or they give you exposure to the foreign market.
So yes, you can convert NW two dollars and invest according to your objectives
acorn to your risk profile. I'm going to take the last person here,
Micah. Then I'm going to round up right Michael, please go ahead,
and your last ping to speak Cohet Well believe in appreciates planted lots. So
my question is what's the essence of investing in the Nigerian stock market When you
when you buy a share like Transcope and then it's an all time high and
they are having liquidity issues in terms of selling your shoes to a the essence
who says who says? Who says a equity issues? You try to say
that you couldn't. Well, no, no, I saw so, I
think because it's from yours or somebody, But I saw it. I was
like saying that the top ten performance stocks most times it's difficult to sell them
because of they But but not but not transcript We're not mentioning transcrips. No,
not necessarily transcope, but I don't so not transcripts. What's the second
question? And then my second question is for a young in early twins,
is like with like a capital of like one million, are in terms a
fond of like million, you advise them to invest in in ets or pick
individual stocks that kind of thing you want to do that you don't have money
to pick individual stocks. You don't have the money. One share of Testla
is nearly five hundred or four hundred dollars, So how many will you buy
with your one million? Compa's one million dollars is about maybe nine hundred dollars,
So you can't buy individual stocks. So ETOs allow you to have the
specification with your one million. That's the point. So you are looking to
that ASIFI to protect yourself from risks and then to leave it alone to just
grow and Expand that's what I'm talking about. ETFs. There is no better
or best in investment. There's just something that serves your purpose. If you
are younger in Nigeria with the weaker currency, you want to do diversification,
both Nigerian and foreign, and its give you a cheap way to diversify,
right alright, got them, just round up it. Thank you so much.
I know we promised that. I you're here to talk about way to
invest one billion? I knew that the questions are going to be fantastic.
And ma'am, what you guys would gain from just the interaction and to listening
to the questions. So I thank you God guys for doing that. Let
me plug this, let me just do this. I wrote a book.
Right in that book, I have all these questions. What are ETFs,
How to invest abroad, how to save, how to invest, asset management,
It's all in there. Sometimes I plug the book because I know it
is good. The first thing you want to do before you invest a cobo
is to read about investing You don't invest blindly. You don't go in and
say I want to buy you as stock because you have one guy on a
space talking about it. You want to understand why you invest in abroad?
Why? What are stocks? What is FYCO? What is dollar cost average?
You've got to understand before you invest in cobo right, And the way
you understand is to go online and you read right. There are YouTube chands
that give you free advice on investing. There are Twitter handles give you fair
advice on investing. Follow them. Learn. That's the first investment you are
investing. Your time to get knowledge. Read books about investing. Study war
on buffet right, study to ellumit. You study what those guys are doing
and what they're investing, and then learn from them. That's the easiest way
you can learn. Buy my book, read it, invest in your knowledge.
It would help you in your investing journey. That's literally what you want
to do, all right, guys, So keep following. We're going to
try to bring in generary investment topics that will guide you and to make you
a better investor. Again on mute and say thank you for just being here.
I appreciate you again all the time you had a wonderful space last week
where you talked about investing. Thank you so much, sir. I appreciate
you. Yeah, thank you. I just wanted to also give a shout
out to Investment Covers. What he did for that lady. That was weceiving
it. It was very commended. But that's one we are promoting personal edicial
investing in love. People don't even know many of this investments, so I
was very very impressed by what he did. I just wanted to give you
shout out to thank you. Excellent on that up, guys, we're gonna
call it today. Thank you so much. You guys, enjoy your week
and have a blessed weak ahead. Thank you, Come bye.