money speaks pilot edition1.pdF

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From the table you can see how the American dollar has depreciated in “real” value i:e purchasing power by over 25 times. For example, what $1 dollar could buy in 1900 now requires $25 dollars, or to put it in a real scenario, if you wanted to buy a house which cost $1 million dollars in 1900 today, it will cost you $25 million dollars. Many people seem to believe that the more “paper” money they have in their bank accounts, vaults, mattresses and safes, the more economically secure they will be and yet that assumption couldnt be further from the truth. Paper money is not wealth, it is a means of exchange which means that it can be used to purchase wealth. So if paper money isnt wealth then what is? Wealth is any asset which has the inherent ability to maintain its value over several generations. The greatest form of wealth known to Man is “land”. It was Mark Twain the famous American poet who said and I quote “Buy land because they’re not making anymore of it”. In communities all over the world the value of land continues to increase from generation to generation. What your Grandfather paid for a plot of land in 1930 is certainly not what you and I would pay for that same piece of land today. So if land is valuable then so is anything built upon that land. This now leads me to the ultimate wealth preservation vehicle “property”. The demand for housing in Nigeria far outstrips the supply and this is what has fuelled the exponential growth we are seeing in the real estate sector. Houses which were sold last year for N20 million naira are being sold for N40 million a year later. It is an open secret that Nigeria has one of the fastest growing real estate sectors in the world and this is just the beginning. With a teeming young population which makes up 75% of our 180 million population, the growth in the real estate market has only just begun. We are a professional real estate development and management company and our services are second to none. We will hedge your paper money against currency devaluation through the construction, rental and management of exquisite apartment blocks. The services we provide are as follows; • We source the land • We design the apartment block (Minimum of 12 apartments) • We build/construct the apartment block • We seek tenants for the apartments • We rent out and manage them on your behalf • You must simply seek back and watch your investment grow 70 59
Our bespoke development model works perfectly on the Airport road axis of Abuja, and here we will develop the following for our clients; • 12 (3 Bedroom apartments) • Fully furnished • Swimming pool • Tenis court • Gymnasium • Corporate rental • N1.5 Million rental income per apartment • We will build this development for N250 Million 71 60
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Paul Okade jr wears many hats. He i
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MONEY SPEAKS 1 Introduction THE ECO
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INTRODUCTION Welcome to the pilot e
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By Paul Okade Jr The challenges and
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Africa must understand that it has
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“For your business to stand out a
Page 18 and 19: Who would have thought that a young
Page 23 and 24: ABUJA BUSINESS CITY PIONEERING THE
Page 25 and 26: This zone consists of the following
Page 27 and 28: FINANCE ZONE The financial hub of t
Page 29 and 30: MEDIA ZONE This zone consists of th
Page 31 and 32: RESIDENTIAL ZONE This zone consists
Page 33 and 34: RECREATIONAL ZONE This zone consist
Page 35: okadehouse@yahoo.com In this timely
Page 39: All it’s causing is yet another b
Page 43: West link Airways is a brand new ai
Page 47 and 48: Nigeria is filled with unsung heroe
Page 49: The future has great things in stor
Page 52 and 53: WHY IS MONEY IMPORTANT? BY PAUL OKA
Page 54 and 55: DREAM ACADEMY REDEFINING THE ACADEM
Page 56: A brand new television station pois
Page 60 and 61: What entrepreneurs have inside of t
Page 62 and 63: 52 55
Page 64 and 65: 68 57
Page 68 and 69: 72 61
Page 71: MICRO-ENTREPRENEURSHIP “THE ANTID
Page 74 and 75: They don’t want to “sow today
Page 76 and 77: I have said repeatedly in many of m
Page 78 and 79: Gone are the days when statements s
Page 80 and 81: FINANCIAL INTELLIGENCE IN THE NEW E
Page 83: 76 okadehouse@yahoo.com
Page 86 and 87: CREDIT SCORING AND RISK MANAGEMENT
Page 88: SECURITIZATION • CREDIT SPREADS
Page 92: PUBLISHED BY OKADE HOUSE
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