Very impressive

Great watch. Emphasizes on the power of time and compounding interest. "Ùkùrù ùriaga wíthí." ~ OLD AGE FEEDS ON THE CHOICES OF YOUTH.

@MathuAlfred, this is quite an inspiring journey and very motivational too. Pure grit and hardwork. Well in Sir!

@zylosla You open a shop that does really well & you make good money, instead of opening another shop using the money you made , you ask others to give you their money so you can open a new shop & give them a share of the profit. Doesn’t make sense or add up at all !!!

The first question is where to get the 38m

Atleast you need 20% of your portfolio in IFBs and FXDs

Inflation is the real threat.

Very risky, this government might do a haircut

38M to get 500K, shrewd?

My concern with this investment is govt trust - the corruption and mismanagement is not sustainable. I would rather compound interest with the like if old mutual etc - IFBs are attractive but wait till we get currency devaluation & our currency is properly adjusted.

Great story but am not sure that amount of concentration in one thing is advisable; maybe a split amongst 3 or 4 funds/bonds would have been better…

He should invest some into his own health too