Comments on: GET RICH QUICK!

By: NaijaEcash » HOW TO GET RICH QUICK AS A NIGERIAN

NaijaEcash » HOW TO GET RICH QUICK AS A NIGERIAN — Fri, 14 Mar 2008 12:09:51 +0000

[...] I came across a lengthy article by one of Nigerian's respected blogger, Dipo Tepede with the tile GET RICH QUICK. Your guess is right; I dived for the article and read the whole lengthy post. At the end, he has [...]

By: lobebe

lobebe — Thu, 07 Feb 2008 16:58:55 +0000

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http://watershed08.blogspot.com

By: Adeola

Adeola — Tue, 29 Jan 2008 13:07:05 +0000

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By: Royal_Prince

Royal_Prince — Fri, 25 Jan 2008 14:13:06 +0000

@Ade,
You are very correct with this: «Big time players dont go for public offers,they buy thru the secondary market at the right time». I was sold the dummy of buying from the IPO but ever since i discovered the money is made from the secondary market, i have decided not to buy any IPO at least for now. Pls, get me right, i dont buy for keeps. Those who do can stick with the IPO.
My pain is that i have almost emptied my account ignorantly buying from IPOs with hoping to trade them as soon as possible not knowing that it may take another one (or more) years to get my share cert. for that purpose.
I remember when the technical suspension was lifted on FBN stocks, in about a month or two, the values rose N60.I bought from IPO at N33 and guess what, my ignorant self was already basking in the joy of selling mine and making some cool money not know how long it takes for the certs to come out. Poor me!

May God lighten our paths to financial freedom.

Luv u all!

By: Dolly

Dolly — Thu, 24 Jan 2008 10:22:09 +0000

Hi,

I wish I were your wife, not all wives have the luxury of sleeping cozily 'without
a care in the world'.
Welldone bro. Lucky woman!

By: Ade

Ade — Thu, 24 Jan 2008 02:45:16 +0000

Hi,
Its quite obvious you do not know much about the stock market.You may need to meet some investment gurus in that field to lecture you.
Your comparison of the Zenith u bought at 10 naira about 4 years ago to the current market price is wrong.Zenith has given a bonus issue since then so the actual value is more than 40 naira.You need to be very knowledgable about shares in order to make money from it.There are people who have made over 1000%(yes a thousand) in less than 4 years from stock.
Big time players dont go for public offers,they buy thru the secondary market at the right time.
Pls enlighten people well on subjects you feel comfortable with,nobody expects you to be a jack of all trades

By: Royal_Prince

Royal_Prince — Thu, 17 Jan 2008 07:59:42 +0000

@Londoncool,
Spot on guy, though i am a first time investor in shares but from the word go, i knew i would be trading in it. I dont subcribe to the idea of buying for keeps. Sad enough, I started just last year buying from IPOs but hope to build up and migrate to the secondary market stuff you mentioned. I received my CSCS account number a couple of weeks ago and this will enable me dematerialise my certs once i received them (i.e for shares bought prior to this time) while those i will buy this year will be credited to my CSCS a/c direct.

@Genesis, thank you!

Luv u all!

By: Royal_Prince

Royal_Prince — Thu, 17 Jan 2008 07:59:13 +0000

@Genesis, ty

Luv u all!

By: Royal_Prince

Royal_Prince — Thu, 17 Jan 2008 07:53:51 +0000

Luv u all!

By: londoncool

londoncool — Wed, 16 Jan 2008 21:14:20 +0000

Its the lack of financial education that limits people's perception about shares to Public Offers. Those that are astute play the Stock Investment game at the secondary market and neatly make their money from it both in the short trem and long term (depending on your investment objectives).If you had bought First Bank shares worth N1m from the secondary market @N38 per uint when you bought your FBN PO @N33 by now your N1m FBN portfolio would have been worth N1,118,421. When your friend wisely said that he was migrating from «get rich quick» schemes to Shares I dont think he merely meant to achieve that by participating from every PO/IPO that comes out.Punters are making money from the NSE every month.Many others «Cycle-in-Cycle-out «(CICO) through volume trading and make 25% margins every 1-2 weeks.Your N1m invested in the secondary market in AP the same time you bought the FBN PO would have been worth N2,783,505 today.Your friend is RIGHT about his decision.

By: Genesis

Genesis — Wed, 16 Jan 2008 16:03:35 +0000

Hi Royal Prince,

I got you ,that,s a nice one.

By: Royal_Prince

Royal_Prince — Wed, 16 Jan 2008 13:19:04 +0000

Hi Guys!
Happy new year to u all and to Dipo, more power to your elbow.
I don't know who amongst us doesn't need money, personally i do.
Pls keep enlightening us and may God give us the grace and wisdom to discover the key to true riches.

Of course as christians we can not serve God and Money but we can, and should, serve HIM with money. Got that?

Luv u all!

By: Genesis

Genesis — Wed, 16 Jan 2008 11:12:21 +0000

Hello
@ Ojay,
Which one you dey ,for us the new generation with insightful knowlegde on the prodressive life or the old school who settles for anything life throws at them eehn?

@ Dipo
God Bless you for every insight you give us on how to live the 'out of the box life'.
Who wouldn,t go the extra mile (POSITIVELY LIKE YOU AVE BEEN IMPACTING US)to live THE LIFE with a beautiful family like yours?Even with a not too beautiful family one can still make it a look wonderful.Thank God for the power of choice and you BROS for this avenue.

Cheers

By: Wole OJO

Wole OJO — Tue, 15 Jan 2008 13:40:27 +0000

Dipo, listen to all your critics but remain focused.
if the foundation be distroyed, what can a righteous do.
At least you have been identified.....
keep glowing with pride in your choosen mission.
i learnt some lessons.

By: yyy

yyy — Tue, 15 Jan 2008 09:53:17 +0000

http://needlesandpin.blogspot.com/