Restructure? Yes

1. Review Land Use, that's trillion locked up in land.

set up digital land registry. Make land transfer sane as buying shares or car.

Mortgages become cheaper, farmers get collateral for legal mortgage, home owners can draw "equity"

nairametrics.com/2019/12/16/rep…
Repeal Railways Act

In essence, allow other players into the railway space.

You boost FDI, jobs, and commerce.

Lagos constitutionally can build a "light" rail...not a rail.

Difference? Light rail does not carry cargo?

So what's the point?

kaluaja.blogspot.com/2016/01/we-nee…
Allow Non Bank Regulators like NCC issue FINTECH licenses.

Simple stuff. Allow MTN issue loans and accept deposits.

You can cap total transaction limit to N1m a month max, so it's clearly not competing with banks but deepening Financial Inclusion.

nairametrics.com/2020/09/10/thi…
Pay targetted subsidies.

Transfer PMS subsidy to food, which drops inflation.

Similarly, subsidize the education budget of 6-3-3...that is a stimulus to most Nigerian households and a down payment on the future.

nairametrics.com/2020/06/02/sub…
Allow States set their own PAYE rates and register and tax companies.

In essence, fiscal devolution of powers.

nairametrics.com/2020/04/13/que…
Been writing essays like this since 1998.

Some ideas posted are now mainstream like allowing companies do infrastructure and claim tax credits and asset sales.

We will do more.

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More from @FinPlanKaluAja1

2 May
Ajax in Netherlands is a Value "stock"

Ajax is big, has large brand share and makes consistent titles sorry profits annually

It can no longer "grow" in Dutch league.

To grow, it needs to invest in new markets, like the Super League, over there, it becomes a Growth "stock".
Value stock are somewhat "predictable".

Ajax is always favorites to win the Dutch league, Boeing always favorites to win aircraft contract.

Predictable means less volatility, and lower price spread. However the large markets means consistent titles and profits and dividends.
So how can one trade in Value Stocks?

Well you wait for bad news, like Ajax losing a game, or striker, that short term news means they may not win the league..

So price falls.

Value remains, Ajax Stadiums are still full even if they lose a game.

So buy when prices fall...
Read 6 tweets
1 May
"Seven Common Money Arguments in marriage"

1. Your Financial Visions are Misaligned; They have different priorities on what is important, spending-wise

Solution: Couples need to sit down separately and map out their own financial visions and then do the same thing together.
2. There’s no follow-through on financial goals

Solution: Set specific goals and dates by which those goals will be accomplished
3. One Partner Tends to Overspend

Solution: You and your partner need to sit down and devise a spending plan, create boundaries on spending
Read 6 tweets
19 Mar
Mining.

Lots of power required
Generates lots of heat

That's a rig

Think of it like an inverter array but consuming power 24/7. This only makes sense because BTC is near $60 a pop.
Your farm gets paid in coins

Smaller qtr but more value per coin
Read 4 tweets
16 Feb
Read this great article;

The Algebra Of Wealth (aka How to get rich)

By Scott Galloway; Professor of Marketing at the NYU Stern School of Business.

I share key notes I took.

Enjoy.
"Rich is having passive income greater than your burn."

"The strongest signal of future success is your perseverance and resilience"

"Don't mistake focus for your "passion." People who tell you to follow your passion are already rich: Follow your talent"
He lists 4 keys to wealth

Focus
Stoicism
Time
Diversification
Read 13 tweets
12 Feb
Ok I am going to do a trend on apps you can use to invest.

I will only recommend what I use
First off, don’t invest in what you have no knowledge of, thus DO NOT buy shares without understanding how shares work, or where your returns come from.

I did a nice webinar on this. This is the YouTube link

 
To buy shares you need a traditional broker or a FINTECH app. Most brokers today also have online trading platforms. The Nigerian Stock Exchange publishes a list of active stockbrokers on their site.

ONLY TRADE WITH ACTIVE LICENSES

nse.com.ng/dealing-member…
Read 8 tweets
7 Feb
1. The price and the value of a stock are different

Price = how much you pay
Value = what stock is worth

Buy when Price < Value
Sell when Price > Value

The question in investing is determining the value

What is the value of a tree?

Fruits?
Cost of seed?
Value as firewood?
The price of a stock is forward looking.

It reflects the "vote" of investors. If investors believe the company will make more revenue and profit IN FUTURE, the price today will go up even if the company has no profits TODAY.

The stock market is a voting machine.
Over the long-term, the value of the company will reflect the earnings of the company.

Value and earning will correlate unless the company grows future revenues by

Acquisition
Internal reorganization to cut cost
External laws that favor company
Read 9 tweets

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