Where to Invest N1m with Mr Ayodeji Ebo

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.