“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” — Robert G. Allen It goes without saying that keeping a large cache of cash (no pun intended) in the bank does not grow wealth enough to make the depositor wealthy. The banks also know this. […]
“Odo to ba gbagbe orisun re ma gbe” Yoruba Proverb The meaning of the above saying is that a river that “forgets” its source is bound to dry up. For a large percentage of Nigerians in the diaspora, although they are physically abroad, they are yet to find a practical and effective way to untie […]
“The most important quality for an investor is temperament, not intellect… You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.” – Warren Buffett As explained by Wikipedia, “Investment is the dedication of an asset to attain an increase in value over a period of time. Investment […]
Construction cost is the cost of the entire construction of a project and includes the cost of land, regulatory approvals, supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities used or consumed, including the cost of consulting professionals such as architects, engineers, surveyors, etc. The Rising Trajectory of Construction Cost in […]
At the end of every year, and towards the beginning of a new year, a lot of persons set new goals for the incoming year, usually after an evaluation of how their time in the outgoing year had been spent. A popular motivational speaker, Brian Tracy, once said “Goals are the fuel in the furnace […]
There are five very important concerns and considerations on the top of the “tick-off list” of a buyer or investor in real estate. I will talk about these in a moment. However, it is important to mention that, like getting married or making bundles of joy, the decision to buy a house is a very […]