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Have You Developed Your Personal Economy Strategy? Check my 45-20-20-15 Plan

By
Ndubuisi Ekekwe
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0

Growth solves most problems in companies. And when an investment works, everyone is a genius. Yes, if a CEO has great numbers, before Board members, the CEO is a great communicator, during a Board review. But if the numbers are terrible, even if the CEO has been trained by the best coach on business communication and presentation, the job may be gone before the presentation ends.

That takes me to this: “In the mid-1990s, Amazon founder Jeff Bezos persuaded his siblings, Mark and Christina, to invest $10,000 each in his company. Little did they anticipate that this investment would one day transform them into billionaires. In 1996, Mark and Christina each purchased 30,000 shares of Amazon for $10,000.. Fortunately, Bezos’ vision for Amazon proved fruitful, propelling the company to extraordinary success. What began as a $10,000 investment in 1996 has since ballooned into a staggering $1.30 billion (excluding dilution), representing a remarkable gain of 13,025,889%” BusinessBulls

Get this from me: find ways to pay yourself; feel free to borrow my personal finance strategy which I developed as an entry level staff in Diamond Bank.

“As a banker, I understood one thing: how much you make is a small part of your financial success and independence. Interestingly, getting that independence requires moving from a static phase to a dynamic phase (as in mechanics in physics). Simply, you need to take action – and that action means having a plan.

“In my first month as a banker, I developed a P allocating wages to different “catalysts for success”. Doing simple calculus and regression, I figured out that by putting 15% on dividend paying stocks and other investable assets, for every 5 years of work, I will get wages for two years free, keeping inflation and currency losses constant.”

45-20-20-15 Strategy

  • 45 Self and family (car, suits, family, etc)
  • 20 personal development (professional certifications, etc)
  • 20 others (anything)
  • 15 investment (stocks, etc)

Have you developed your personal economy strategy, not just your company’s corporate plan? Good luck.

Ndubuisi Ekekwe’s 45-20-20-15 Personal Finance Strategy

BlockDAG Emerges As 2024’s Leading Cryptocurrency With 30,000X ROI Potential, Surpassing Bitcoin Cash’s Upward Trend And ThorChain’s Volume Increase

By
TI Partners
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0

In a year teeming with anticipation for the next big cryptocurrency investment, Bitcoin Cash’s upward price trends and ThorChain’s notable volume increase are capturing investor interest. Amid these developments, BlockDAG, with a $15.5 million presale, and 30,000X ROI potential after the Whitepaper V2 reveal in Las Vegas, has emerged as the preeminent force, poised to revolutionize the crypto community’s approach to wealth generation. With its innovative technology, community-driven initiatives, and a focus on environmental sustainability, BlockDAG is heralded as the standout cryptocurrency gem of 2024, promising unmatched returns.

ThorChain’s Market Influence Expands

ThorChain has been the subject of much discussion, particularly among proponents of Bitcoin, for its remarkable volume growth. Its unique model facilitates cryptocurrency exchanges without the need for a central intermediary, contributing to a significant increase in its trading volume. This surge reflects not only ThorChain’s utility and growing adoption but also the broader market’s appetite for decentralized financial solutions, highlighting the dynamic nature of the crypto sector where innovation propels market momentum.

Bitcoin Cash Sets Sights on New Peaks

Bitcoin Cash has demonstrated significant growth and resilience, drawing the attention of the investment community. Its recent price surge, achieving new yearly highs, is spurred by various factors, including its anticipated halving event. This momentum underscores Bitcoin Cash’s potential as a robust investment, showcasing its capacity for recovery and the provision of substantial returns to its stakeholders.

BlockDAG Defines Market Leadership with Presale and Giveaway

BlockDAG distinguishes itself with a remarkable $2 million giveaway, extensive community engagement, and an eco-friendly Proof-of-Work model. Offering diverse revenue opportunities from mobile mining to specialized mining units, BlockDAG stands as a multifaceted investment opportunity. Its presale success is notable, swiftly progressing through its eighth batch at $0.0045 per coin and rapidly advancing towards completion, fueled by the community’s enthusiasm for its 30,000x growth potential.

BlockDAG’s path to achieving a $600 million valuation by 2024, combined with $15.5 million already raised in its presale and the sale of over 4300 mining units, highlights its competitive edge and potential to surpass all other presales in the crypto market. This presale is just flying, having sold already 7 billion BDAG coins, as BlockDAG’s success is obviously also owned to the brand’s arsenal of cutting edge features, among them the Asics X Series mining rigs, capable of minting up to 2,000 BDAG a day between other major cryptocurrencies, a multifunction BDAG crypto payment card, and the X1 mobile app, a proper mining rig users can carry inside pocket.

BlockDAG’s recent technical whitepaper release sheds light on its groundbreaking integration of blockchain with Directed Acyclic Graph (DAG) technology, enabling significant advancements in scalability and transaction processing speeds. Celebrating its technological breakthroughs and presale achievements, BlockDAG displayed its Whitepaper V2 reveal at the Sphere in Las Vegas, emphasizing its role in shaping the future of blockchain technology.

BlockDAG: The Unquestionable Investment of 2024

BlockDAG stands unmatched as the premier investment opportunity of 2024, transcending Bitcoin Cash’s price dynamics and ThorChain’s growing volume. It’s the combination of visionary technology, strategic growth plans, and a profound community focus that elevates BlockDAG beyond its peers. For investors looking to be part of the forthcoming surge in crypto wealth, BlockDAG offers an unparalleled opportunity, reaffirming its position as the definitive cryptocurrency gem of 2024.

 

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

The Message from the Apex Bank and Your Opportunity

By
Ndubuisi Ekekwe
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0

We have the answer: “What we have simply done is to nudge the banks to inject fresh capital and this is without prejudice to what the component of shareholder’s funds could be. And like we have stated in our circular, shareholders’ funds would continue to be recognized in the computation determination of banks capital adequacy ratio which is an important metric in our assessment of the soundness of banks” – Haruna B. Mustafa, the Director of the Financial Policy & Regulatory Department at the Central Bank of Nigeria (CBN).

Haruna B. Mustafa, the Director of the Financial Policy & Regulatory Department at the Central Bank of Nigeria (CBN), has provided insights into the exclusion of retained earnings of banks in the proposed capitalization process, amidst objections raised by some bankers.

The decision announced just two weeks ago, has stirred a robust debate within the banking sector.

Mustafa, speaking in the latest edition of the CBN podcast published on the bank’s website on Monday, clarified that the apex bank’s rationale behind excluding retained earnings is to encourage deposit money banks nationwide to infuse fresh funds into their capital base.

That is it – “fresh capital”. I will only add that every business in Nigeria needs that for the same reason banks need more capital even though you may not be as strategic as a bank to the economy.

On 15 April, Tekedia Capital will do just that for 8 companies. You are invited to join us here 

Central Bank of Nigeria Explains Exclusion of Retained Earnings from Capitalization Process

Central Bank of Nigeria Explains Exclusion of Retained Earnings from Capitalization Process

By
Samuel Nwite
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0

Haruna B. Mustafa, the Director of the Financial Policy & Regulatory Department at the Central Bank of Nigeria (CBN), has provided insights into the exclusion of retained earnings of banks in the proposed capitalization process, amidst objections raised by some bankers.

The decision announced just two weeks ago, has stirred a robust debate within the banking sector.

Mustafa, speaking in the latest edition of the CBN podcast published on the bank’s website on Monday, clarified that the apex bank’s rationale behind excluding retained earnings is to encourage deposit money banks nationwide to infuse fresh funds into their capital base.

Mustafa explained, “What we have simply done is to nudge the banks to inject fresh capital and this is without prejudice to what the component of shareholder’s funds could be. And like we have stated in our circular, shareholders’ funds would continue to be recognized in the computation determination of banks capital adequacy ratio which is an important metric in our assessment of the soundness of banks.”

Moreover, Mustafa noted that the recapitalization program aims to bolster the capacity of banks to undertake larger projects for the growth and development of the country.

Referencing the success of the bank’s recapitalization exercise in 2004, Mustafa highlighted its pivotal role in shielding banks across Nigeria from the fallout of the global financial crisis of 2008. He emphasized that the ongoing recapitalization efforts are geared towards fortifying Nigerian banks against unforeseen global financial threats.

Last month, the CBN announced a revision in the capital requirements of various tiers of banks across the country – marking the first such adjustment since the 2004/2005 recapitalization exercise. The apex bank raised the capital requirement for Tier-1 banks to N500 billion, while national banks’ capital expectation was set at N200 billion.

However, the CBN specified that the new capital would consist of paid-up capital and share premium, excluding shareholders’ funds – a policy that has sparked considerable debate.

Many bankers have voiced their concerns, arguing that the Central Bank’s decision to exclude retained earnings from share capital calculations is flawed and contradicts conventional and legal treatments of a company’s capital structure.

They contend that this approach overlooks the actual value represented by these earnings, which conflicts with conventional and legal treatments of a company’s capital structure.

Furthermore, some bankers argue that while the Central Bank prefers banks to retain most of their earnings to bolster their capital base, it should not simultaneously prevent them from counting these undistributed earnings as part of their capital.

The central bank acknowledged that the policy is part of its efforts to boost Nigeria’s economic growth in line with President Bola Tinubu’s $1 trillion economy plan. The federal government had late last year, admitted that the banks’ recapitalization policy is geared toward attracting foreign direct investments.

“In the economy facing all of us, our ambition to attain the $1tn appears daunting, but we believe it is achievable with God on our side and our collective determination. This explains why the Vice President and I have been on the road trying to attract huge investments into various phases of our economy: agriculture, oil and gas and others,” Special Adviser on Information and Strategy, Bayo Onanuga, said.

“To arrive at the $1 trillion economy, we must address the capital adequacy of our banks that will prepare the fuel for this journey.”

Marathon Digital Holdings’ Mining Strategies

By
TI Partners
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1

Marathon Digital Holdings, Inc. (NASDAQ:MARA) stands as one of the largest cryptocurrency mining companies in America. Founded in 2010, the company has shifted its focus to mining cryptocurrencies, particularly Bitcoin.

Marathon Digital Holdings carries out cryptocurrency mining using specialized equipment known as ASIC miners (Application Specific Integrated Circuit). The company runs large data centers where mining equipment is housed. Its main revenue stream comes from selling mined Bitcoins while also retaining some in its investment portfolio.

To optimize mining operations, the company prioritizes acquiring efficient equipment because investing in the latest gear boosts the hashrate and mining efficiency. Also, reducing energy costs is crucial, achieved by utilizing inexpensive and reliable electricity, including renewable sources, to cut expenses. Situating data centers in moderate climates can be used to reduce equipment cooling expenses. The company’s management also emphasizes diversification and hedging risks associated with the volatility of the cryptocurrency markets.

As one of the leading companies in the industry, Marathon Digital Holdings influences global cryptocurrency mining. Its strategies and infrastructure development solutions can become an example for other market participants. In addition, large miners like Marathon significantly impact the network hashrate and Bitcoin blockchain security. The company’s prospects are somewhat tied to Bitcoin’s market price; increased cryptocurrency prices can significantly boost the company’s revenues. In addition, the desire to optimize the mining processes and increase the hashrate sets the stage for further company growth.

However, there are also negative aspects. Cryptocurrency prices are highly volatile, entailing significant financial risks. Additionally, the energy-intensive nature of mining raises environmental concerns and may lead to increased industry regulation. Investing in MARA stock could be attractive for those who believe in the long-term growth of the cryptocurrency market but prefer indirect investments. The company’s shares offer a way to participate in growth while mitigating some technical and operational risks associated with cryptocurrency storage and use. Another way to improve trading strategy without exposing capital to risk, is using free market replay, which enables placing trades while playing back historical data.

Bitcoin undergoes halving approximately every four years, halving the mining block reward. The next halving is expected in 2024, which could potentially increase Bitcoin’s value by slowing its release rate, benefiting mining companies like Marathon. However, halving also means halving mining revenue against electricity and equipment costs, potentially driving less efficient miners out of business and intensifying competition among survivors. For Marathon Digital Holdings, the upcoming Bitcoin halving is a critical moment requiring strategic planning to maintain and strengthen its position in the mining industry.

Given the relatively low share price support at $18, a reversal depends largely on Bitcoin’s activity and value increase. Traders are likely to invest in mining organizations to boost profits and asset allocation. The nearest resistance is at $20, with a more significant one at $23; surpassing this could open a path to $30.

Marathon Digital Holdings, Inc. holds a prominent position in the cryptocurrency mining industry, providing investors with opportunities to engage in this rapidly growing market. However, as with any investment in high technology and cryptocurrencies, potential investors should carefully consider the risks and opportunities before committing funds.

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