Create Wealth From Real Assets Not Accounting Entries!
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Does your business create true wealth by building assets and adding real value to the society? Does your business create wealth from accounting entries? What really does your business contribute to the society? Please do not get me wrong. Services such as medical practice is considered as real value adding products in the context of this article. However, some activities adds nothing and yet they “demand” the lion share of the cake!
Accounting Entries
I just read an article written by PACE. It was a good read as it provoked me into deep thought about the activities of several business enterprises in Nigeria. I encourage you to read the article, Burble Burst or Wealth Re-distribution?
For some years now, the agricultural, manufacturing and other sectors in Nigeria have been struggling to survive due to poor infrastructures and other challenges that are almost insurmountable. Funny enough, the financial sector, especially the banking sector has been declaring astronomical figures as turnover and profits at the end of each financial year. Read more
Forex Trading In Nigeria: Who Is Making The Money?
The rush to join the online millionaire club is as high as ever in Nigeria. No thanks to the present economic hardship being faced by the populace. Nigerians are tired of waiting endlessly for the promised Dividends of Democracy. Too many are complaining that the only evidence of democracy they have so far is their empty pockets. Therefore, any magic formula to solve the problem overnight is highly welcomed. So, Online Forex Trading to the rescue!
David Ajao did an unbiased post about Forex Trading about a year ago. The post Forex Trading In Nigeria: Your link to Fabulous Wealth? addressed some issues which any wise Nigerian investor will need to thouroughly consider before committing fund into Forex Trading. Unfortunately, not so many have learned anything from that post. A look at the recent comments on the post reveals that too many are still IGNORANT of the issues surrounding FOREX trading.
If I did not learn anything from my little romance with Online Forex Trading, at least I learned the following: Read more
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