It is no news that The Nigerian economy is in turmoil, anarchy, and chaos. The Nigerian Stock Market Has Crashed!
The good News is that it will be worse for the next six months at least... (Indeed the situation became worse for more than 6 years from the date of initially writing this article in 2016)
I have lost about fifty percent of my holdings on paper at least. Am I losing hope? NO!
Neither will you!
It is indeed crazy to invest more when you are getting poorer. Yes, it is. I know how that feels.
Courage! Courage is the first Of all the virtues, without which you will not be able to use the rest of the virtues - Samuel Johnson.
Stay in the market. Invest more now. Let us buy from the emotional MR MARKET now, afterall he would still come back tomorrow to Buy Back at a very high price and even kneeling too.
To my numerous international readers and my loyal Nigerian readers, You are well appreciated. I truly apologise for the lag in updating the Blog. I had to make a great change happen in my life.
Cheers to a wealthy 2016!
(This article was updated in January 2023.
Happy New Year 2023!!)
