Dipo Tepede.POeT

I tend to agree with Balogun Olukayode. Though living big might seem as a way of promoting oneself, at the end of the day it rarely does apart from adding income to the marketing company. The richest people on earth rarely exhibit such tendencies and rarely use so-called premium cars.

Have you wondered why footballers need to continue playing and move to less fanciful leagues like those in Qatar, Saudi Arabia or even return to play with Julius Berger like Yekini? They have to maintain an illusion of lifestyle. Give Olu Maintain anoda ten years and compare his lifestyle then and now.

The Chelsea owner is another practicable example of how not to flaunt riches. He buys players on a whim and at times witholds funds yet his club is not as profitable as Man Utd or Arsenal. The owners of those clubs have left them in the hands of better managers.

To make the long analogy simple-An Assets puts money into your pocket while a liability TAKES away money from your pocket. Assets/Liabilities could also be tangible or intangible too. (eg, Time,Talent,Mother-inlaws,Consumer goods,Debt,Skills,etc )

Thanks for your response, the irony of the entire scenario is that to you his ride is a leverage on his position and you buttress this by reference to p. diddy, who to be honest owns several escalades and jeeps, as a matter of fact he moves in a convoy so he needs it more or less, but you will admit that he makes money from several other sources-clothing line, bad boy entertainment, TV rights, name it, so he is definitely not in our friends league. If you look into his past, you'd find that p.diddy at the beginning of his career indulged less and focused more and artistes of his era who focused less and indulged more are no where to be found. p. diddy is always the first to admit that he learnt the business part of show biz from Russell Simmonds who also is another case study. The moral dear dipo is this, contrary to your postulation, over 95% of artistes are never heard of again except those who understand that entertainment is business and not merely self-aggrandizement. Tu face that is a bigger star cruised for several years in a navigator and was shot at recently in a Honda bullet. I admit that a star should enjoy his sweat but the car he rides especially after an album success should never determine his net worth. Come to think of it, dipo, did you attend any of olu's shows because of his cars because during December, p-square went from port harcourt to owerri and other places in a less fanciful Honda wagon even though they own jeeps. Life is never about what people see but what is inside the mind.

This will certainly be a great year as against most of us just BLINDLY rushing into schemes last year. I refused to be swayed by whatever returns to go into what I do not understand again. And is bye to HYIPs both online and offline. Educating myself to understand, then slowly but surely doing the right thing is my steps for this great year.

Happy New year all,

My new year resolution is to read at least one book every month, the ist book i picked up is RICH DAD POOR DAD.So inspiring and educative.

I am a lover of jewellry, 'Gold' to be pricise.While reading the book the ist theorem i learnt was if i stop working today would my 'investment' thats what my friends call our gold purchases provide for me my basics without selling them.Whosai!

2008 I starting up very well dont you think so? Instead of going to Dubai to acquire more gold i ave choosen to HEAR TO DO or READ TO DO.Invest in Shares and Bonds,at the end of the month i am going to be paying my stockbroker an august visit. Bet its would be regular from hence forth.

I know this is a confirmation to my doing te rite thing,imagine my reading the book and you citing an example from the same author at such a time as this.

Cheers

I enjoyed your write up. Particularly on the good being the minority analysis.

Nice blog. This is my first time here.

dear dipo, your analysis of olu maintain and his escalade misses the point. for your info, olu also has a chysler and is thinking of buying a hummer. these are some of the cars used by rappers in usa but we know that while one car may be eye popping, two or three is a collosal waste. i think this situation is analogous to that of a banker investing in dozens of designer suits just to impress his bosses. remember mc hammerand his mansion. olu's story is that of grass to grace, he should invest less in cars except they are freely provided by his marketer, afrobest which is unlikely. dipo, let me have you take on this.

balogun

@ Kudi

I tire ooo after all the heart break people got last year. Does Fidel want more to suffer from stroke or premature death? Abeg ooo.
Well go for it if you've got the heart.

@fidel,its a brand new year ooh.i cant shout.......