Post by Idowu Anthony-Ajileye (@dobmarch8)

You may be wondering why l am passionate about the #NGX, let me tell you why. It is the only business l do in Nigeria where l am in total control of my own destiny. All l need is my phone, wifi, bank account and my CSCS account. I don't need any staff, l don't need to send anybody on errand, l don't need boots on the ground, l don't need any family support, l don't need friends to inspect anything etc. Just me. I don't have to lobby anyone to have my dividends paid into my account, l don't have to lobby anyone to dispose off my shares at a massive margin if l choose to etc. The financial health of listed companies are publicly displayed every quarter for me to analyse to make an investment decision without having to lobby anyone because it is a regulatory requirement. Even if l am 90yrs lounging on the beach in Miami, l don't need anyone to help me do anything. Pls be clear, stock prices flunctuates in the short term but Companies with solid fundamentals will always give great returns in the medium to long term provided you know what you are doing. It is important you understand price flunctutions has no impact on true value of a company with solid fundamentals, it is just simply investor sentiments being driven by news on global events, that is all. A wise Investor will always buy the dip of a good company. Amateurs panic sell during price flunctuations, again you need to know what you are doing. I will only sell a stock due to other reasons but not because of the sentiments of others. I move against the crowd 😊. If we ever see COVID prices again on the NGX, let me reserve my comment on what l will do. The NGX returns are so good and will always outpace inflation and devaluation, provided you know what you are doing. ETF even in the West gives on the average 10% per annum but some stocks on the NGX sometimes returns 1000% per annum while some even do 300% to 400% in weeks. This one is not Ponzi scheme 😊, gambling, "Pool" or "Kalokalo". It is investment decision based on solid knowledge. You are simply buying a part ownership of a good Company, as simple as l can describe it. Pls note NGX is not my only investment vehicle, the other leg of my investments sits in global real estate which is another ATM that never fails and continually giving birth, provided you know what you are doing. Enough said, all the best !!!

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