Proudly, we hail. New York City, where the American stage begins. Here is another program with a cast of outstanding players. Public service time has been made available by this station to bring you this story, as proudly we hail the United States Air Force. Our presentation is entitled, Zone of Decision. It's the story of Lieutenant Daniel Bryan, who did everything the hard way, including becoming a hero. Our first act curtain will rise in just a moment. But first, daring and imagination, courage, and science, these have propelled us straight into the jet age, the age of airspeed faster than sound, a flight into the farthest frontiers of the sky. How would you, young man, like to master one of those jet planes? They're considered safer to fly than the old propeller type. If you qualify for and successfully complete the interesting, exacting training of an aviation cadet, you'll have your chance. Visit your nearest United States Air Force base or your local United States Air Force recruiting station to find out how you can become an aviation cadet. And now your Air Force presents the proudly we hail production, Zone of Decision. Oh, it's new, huh? What's new? You should be asking me. Look, man, I've been away three days, remember? Well, Rambosky's on the new promotion list. No kidding. He made captain, huh? Oh, that's wonderful. That's great. Yeah, of course, you'll be losing a co-pilot now. Yeah, that's right, isn't it? Hey, you guys been flying together a long time now? Sure have. Going on three years. Why, we were rotated back here to well-central together from your quota. Well, that's the way it goes. So who's coming in? Who's going to take his place? I saw some orders yesterday for a second Lieutenant Daniel Joseph O'Brien. Don't tell me. Let me guess. Straight from cadet school, still clutching a dollar bill in his hand and waiting for his first salute. Well, this is true. At least the straight from cadet school part of it. So help me. Why do these things have to happen to me? I don't be so bitter, Chum. Even you were a second Lieutenant once. Oh, brother. I'd rather not be reminded. We had some times, though, didn't we? They made some mistakes, huh? Uh-huh, no. Well, better get on home, I guess. You going to be at the club Saturday night? Yeah, I'll try, dude. You can give me a full report on Senor O'Brien. It's coming in tomorrow. Oh, thanks, Sergeant. You know who it is? Second Lieutenant. Never saw him before. Thanks. Hello, Lieutenant, looking for me. Now, would the intrepid Danny O'Brien be staggering out of the sack at 5.30 of a morning if I wasn't? What did you say? Oh, and what a dump. Goonie birds and boxcars. Me, potentially the hottest jet jockey in the Air Force and what happens? They send me to this testing joint. You've been in to see the Colonel yet. Have I? Wow. What do you mean, wow? I hope you didn't start off by telling him this was a dump. Well, to be perfectly frank, I mean, a few ill-considered comments on the subject. You know, that man's got no sense of humor. Yeah. All right, come with me. Guess I better take you for a walk around and get your zeroed in. OK, OK, anything you say. There you see the drying tower. That's where the parachutes used for overwater drops dried before being repacked, see? Mm-hmm. We've got a pretty big operation here. Our mission is simply to test parachutes, but that involves a lot of different things. Yeah? Yeah. Now, there's the instrumentation lab. That's where the highly complicated equipment sent off to measure the performance of new parachutes are housed. We've got a whirl tower, fabric shop, a wind tunnel, textile lab. We develop new fabrics here, too, and test some created for us by contractors. Machines shop, of course, metal shop, photo lab. Oh, stop, stop. Already, you're confusing me. You mean it takes all that just to turn out a parachute? You've got a lot to learn, boy. A lot to learn. Now, we do develop and test personnel shoots naturally, but the majority of our work is with cargo drops, see? We can drop an 18,000-pound bulldozer in one of our 200 footers. In fact, the old man says give us an airplane big enough and we can drop anything we can extract from the plane. Yeah? Yeah. All right, come on. We'll head back toward the office, show you some of the figures on a few of our past experiments. Now, we've got a program underway testing escape pods from high altitude aircraft. Ejection capsules, you mean? That's right. We're having some troubles with them now, but that'll all be worked out. Hey, I've got a question. Yeah? What? What's the idea of reporting the work at 6 AM? Is that the only thing you want to know? Well, it's very, very important, especially to a man who likes to sleep. We take advantage of the cooler hours. Since it gets to be 120 in the shade in the afternoons, we've got to knock off about 230. Does that answer your question? Yeah, it answers it, but I'm not going to like it. Something tells me there's a lot of things around here you're not going to like. And vice versa. Is this the tabulation control? Can I do something for you, Lieutenant? Oh, but definitely. Were you looking for someone? Just you, Miss Susan Stewart. And God bless the Pentagon. For what? Putting name plates on the desk. I'm afraid I'm quite busy, Lieutenant. If you don't want anything in here, the door is just behind you. Oh, but that's no door. That's the portal to heaven. And you're one of the angels. I say, I know, I know, I know. You're quite busy. OK, Miss Susan, regretfully, I must admit, I came to get some tabulation data from Major Tompkins. Right through that door there. Thank you. But you haven't seen the last of me. That's what I was afraid of. Well, Bill, I see you made it. Must have found a sitter, huh? Yeah, right. Nice night, isn't it? Oh, I don't know. Is it? What's the matter with you? Say, I never got a chance to ask you about your new boy. No. Oh, it can't be as bad as that. It's worse. What's the matter? Oh, that guy. He rubs me the wrong way. And everyone else too, even the old man. What's wrong with him? What's wrong? He's got a talent. He's got a positive genius for alienating people. Look, there he is now, see him? Out there on the dance floor. Give him credit, look who he's dancing with. Susan Stewart, holy smoke. Every bachelor officer on the basis after her. You got to hand it to your Danny boy.  And the old man hasn't had a chance to put in the old black ball. Well, don't be so bitter. He may be a good boy underneath it all. Wait and see. The drop brown. You've got to keep her absolutely steady. We don't try to simulate unusual conditions in these initial test drops because they might interfere with the operation of the instruments. I'll take over now. Oh, I'm OK. You can observe. I can do it. I said, I'll take over. OK, OK. These water drops can be tricky sometimes. All right, I'll take over for the drop run. But I'm all right. I know, I know. Take it easy, will you? I'll bring her in. Gonna drop on the next approach. I know, I know. You'll take over. Yeah. But crying out loud, I might as well be an autopilot for all the flying I do. We've got to have 20,000 feet, unlimited visibility, and no more in a three-knot wind, and be on the way home before I can fly this hunk of junk. Now listen, that guy back there is making his 404th jump today. And I'm sure not going to have anything happen that would make it his last, even to massage the ego of a would-be hot shot like you. Nuts! Now look, you. Teamwork is the basic role of the Air Force. I wouldn't be any good without the Chief back there. We depend on the weather wing, the AACS people, our maintenance crews, and a lot of other guys to keep our planes in the air. If you can't see that, you shouldn't be in the Air Force. Oh, good morning, Bill. Sit down. And you wanted to see me. Yes, sir. It's with regard to Lieutenant O'Brien. What about him? I'd like to have him assigned to my crew. Pete Nelson is willing, and Eddie Edwards, who's flying with me now, can go with Pete. And what's this all about anyhow? Well, sir, to be frank, Pete and Lieutenant O'Brien just don't seem to get along. That's not surprising. Well, sir, I don't think you can discount Danny O'Brien that quickly. I've checked his records, and he graduated in the top third of his class. He's just gotten off to a bad start here, and I think with a little different handling, he'll be OK. Well, I'm inclined to disagree with you. I can tell you, he didn't make much of an impression on me. Uh, how about Susan, sir? Uh, all right. I'll approve the change. Thank you, sir. I don't think you'll regret it. No, I won't regret it. But you might. Hello, beautiful. This is the intrepid Lieutenant O'Brien. I'm busy. Oh, doubtless. And what are you busy at? I'm reading a book. A book? Well, very nice of you to take an interest in my improvement. Now, let me see. Put on that pink kind of fluffy thing I saw you in the hall yesterday, and comb out your beautiful brown hair, and I'll be over in 10 minutes. I don't think you heard me. I said, I'm reading a book. Yeah, yeah, that's fine. I'll come out and read over your shoulder. That'll be fun. You'll do nothing of a kind. I'll only put Daddy into a temper, and I'm trying to get in advance on some money for a new coat. Look, I've got something to tell you. Tell me over the phone, then. Oh, very well. In recognition of my great efforts for the last three months, and in appreciation for my unqualified talents as an aviator, I am being reassigned from my present place as yes man and general fact totem to Pete Nelson. Danny, where are you going? You will miss me. No. Then I will go. I'm not going to hang on this phone all night.  I'm staying right here on the base. I'm going to fly with Bill Carter. Sometimes I think maybe someone around here appreciates me, even if you don't, yet. You're listening to the proudly we hail production, Zone of Decision. We'll return in just a moment for the second act.  You'll receive a year of the world's finest flying training. Then you'll graduate as a second lieutenant, earning more than $5,000 a year. Here's the opportunity of a lifetime to serve your country and build a career that will fit you for responsible positions in both military and commercial aviation. Be sure to visit your nearest Air Force base or your nearest United States Air Force recruiting station to find out how you can join the United States Air Force as an aviation cadet. You're listening to Proudly We Hail, and now we present the second act of Zone of Decision. That was nice going, Lieutenant, even for Danny O'Brien. Well, thank you, Captain. It's sure different with you than with Pete. Well, Pete's a great guy. It's too bad you didn't hit it off. Maybe I had something to do with that. It could be, Danny. It could be. Say, how are you making out with Susan Stewart? Getting no place but fast. What's the matter, competition? Among other things. You know, her old man, he just doesn't take to me. No, no, I guess not. I could only do something, something sensational, to get him on my side. Well, maybe you will, kid. Well, I'm going to check into the ops office. I'll see you tomorrow. The big day, you know. Final check on those med kits. Right. Pretty cheerful, Daniel, for this hour of the day. Oh, getting used to these hours, I guess. How do you feel, all set? Look, clue me in, will you, Captain? Most of these preliminary tests were made before I got here. I know this is the final, but that's about all. Well, let's shoot. We're going to try out today's a beaut. If she proves up, it'll not only be an asset to the military, but to civilians as well. You know, all that it's for medical supplies. Yeah, but what's so special about dropping first aid stuff when we drop bulldozers and fire trucks as SOP? Well, in the first place, it isn't ordinary first aid stuff. This is plasma and antibiotics, as such things. Delicate things that must be packed with extreme care because they're breakable and then drop like they were landing on a down pillow. Sounds pretty good. Well, today is going to prove it. Up to now, we've been using dummy stuff, but today we're dropping the real thing. Open the foothills so we can get a rough terrain instead of, as we usually do, right here on the desert. Well, what's in the kits? Plasma and stuff like that? No, no. They've been worked out by the medics to include everything that'd be needed at the front lines or by a unit which might be temporarily cut off from its sources of plies to handle almost any kind of injury short of one requiring operating room facilities. Well, are you all ready, kid? I sure am. Let's go. Getting pretty close to the drop spot. Better call in our position, see if the ground party's ready for us. Roger. Egghead 181 calling Hoppy. Come in, Hoppy. Egghead 181 calling Hoppy on A for Abel. Can you read me, Hoppy? Over. Radio 5 Square. Over. Roger. Go ahead, Egghead 181. Egghead 181 approaching drop zone. Over. Roger. Stand by one. Stand by for change of orders. Stand by for change of orders. Roger. I wonder what that's about. Can't imagine. Maybe something's wrong down below. Hoppy to Egghead 181. Mayday signal received. Commercial passenger. Repeat. Commercial passenger. Exact position not yet received. Colonel says to proceed heading 285 degrees at once. If you find anything, drop everything you have aboard if necessary. We'll give you the exact position as soon as it comes in. Confirm, please. Got you, Hoppy. Give us the info and type of aircraft as soon as you can, huh? Willco, out. That's bad. Commercial passenger plane down. I want a break, though, that we've got all these medical supplies aboard and we're the nearest to them. Yeah, if we can find them. Oh, we'll find them. Right. Keep your eyes glued to the deck now. You know, Captain, it's a funny thing about the Air Force. People think we're just here to defend the country against outside attack. Actually, in a way, that's just a small part of what we do in times of peace. Now, weather planes gather data for weather forecasters all over the country. And the first one they call on in any disaster, like a flood or earthquake, is the Air Force. Air-lifting emergency supplies. Well, a few years back, we're even dropping hay to starving snowbound cattle. Operation haylet, that was. Yeah. Now, here we are looking for a crashed civilian plane. It's only a few planes and a few men this minute. But if we find anything, the entire resources of this area will be thrown into action if there's even the slightest chance of saving lives. That's right. And beginning to see what you and Pete mean by playing as a team. I knew I was right. Hmm? About what, Bill? Oh, nothing. Nothing. Hey, Bill! Hey, I think I just spotted something. Hey, wait. Let me take over so you can look. Yeah, over there. See those big pines? There are two men waving. Give me the binoculars. Watch these updrafts. It's kind of bumpy going. Roger. Crying out a lot. Can you see it? I'll call in. Egghead, 181, calling Hoppy. Joy Hoppy over. You want the crew chief to take a look too? I'm on, sir. Case it for an airdrop. Right, sir. Hoppy didn't acknowledge us. It's funny. I'd better repeat. Egghead, 181, calling Hoppy on A for Able. Channel Joy. At least two survivors over. It looks like there may be some more survivors, but injured. See those brow strips there next to the fuselage? Looks to me like litter's laid out. You may be right, chief. Yeah. Yeah, I think you are. Shall I make another pass? Hold it. Hoppy, you read me. Do you read me, Hoppy? Hoppy, one month I cannot read you. What a time to lose radio contact. Yeah. Come in on Able. Come in. I guess we're on our own. You can make that pass now, kid. Roger. Okay, I'll keep her nice and even if you can. We got these blasted up drafts here. Yeah, I'll try. Chief. Okay, sir. I've got the stuff ready to go. Roger. Can you see them? Yeah, there they go. Now, that one's a goner. The wind's taking it clear down the valley. Ah, this blasted air occurrence. There goes another. Nuts. Third one's in a tree. It's a big tree. Nuts. Try another pass. Maybe I can get down closer to the deck. If you get down any closer in your word, Chum, you'll have one of those trees wrap around your neck. By the way, did I say nice going? Oh, thanks. Come on. Once more, we get the brass ring. Hang on to your hat. Here we go. Again? Right, sir. All right, here. How's it look? One's dead. Nothing for the other side of the valley.  No, they probably have blankets in the ship and some food anyhow. Second one's treed. The most important thing is the medical supplies. Blast it. That last one's hung up, too. If you could only get Hoppy, they could send in a chopper. Maybe, but I don't think they could make it before the weather breaks. It clobber for sure. Egghead 181 calling Hoppy. Egghead 181 calling Hoppy. This is Hoppy. I cannot read you. Cannot interposition. Nuts. I see those two guys again. Looks like they have some white strips of cloth. They're trying to spow something out on the ground. Yeah, I can't make it out. Yeah, yeah, I can't. S.O.S. They must have some engine. I guess the sergeant was right. Yeah. And McCann? Yes, sir. How many more packages we have? One, sir. Look, I have an idea. Shoot, we can try anything. Well, those med kits weigh about 100 pounds. Yeah, just about. And I only weigh another 135. I strap the box to my own chute harness and guide me and the box down together. Neat, huh? Negative. Well, it's the only way. No, absolutely no. The old man said take no chance. He said to exercise caution and that's different. He also gave us permission to drop anything aboard. No.  Oh, get it? Take two days for a ground party to reach them. And choppers are out in this weather. It's ridiculous. The first place you'd never jump before. Yeah, but I watched the guy once in a movie. Second, there's no guarantee it'll work. You can't miss your forgetting, Mrs. Danny O'Brien. Third, if anyone goes, it'll be me. Oh, you, my good fellow, weigh well over 200 pounds. You and the box together supported by one chute would go plummeting down earth like the well-known crowbar whereas I'm much... Oh, okay.  But if you break your dog on full neck, remember I'm the guy who's got to explain it. I'm sure that's fast and tight now, huh? Sir, that's just it. You don't want it fast and tight. Oh? Why not? Here's a half hitch. When you get about 15 feet from the ground, you pull that and get rid of the box. Otherwise, you'll land off balance and maybe break something. Something of yours, I mean, not the box. I see. Thanks a lot, Sergeant. That's okay, sir. Good luck. You can tell the captain to make the run now. We're all set back here, sir. Roger. Tell my screwball friend I'll be landing. Roger, sir. Breezy, isn't it? Always had a longing to do this anyway, just for the fun of hollering the... Hey, what is it they holler? Geronimo, sir. Oh, yeah, that's it. Well, Geronimo... He's headed straight for the mountain in those trees. Now he's recovered. He's going to make it, sir. He's okay. He was received tonight from the foot party sent to bring out the 22 survivors of the commercial aircraft crash on Tuesday that all were in fair shape. Hill of the disaster, according to the latest reports, was Air Force Lieutenant Daniel O'Brien of Oak Park, Illinois, who parachuted into the scene of the crash bringing medical supplies. Dr. J. B. Van Horn, who accompanied the Rangers into the scene, was quoted as saying, there are at least three of the injured who are alive at this moment as a result of Lieutenant O'Brien's action. Stock market reports... See, Daddy, I told you, Danny, was wonderful. A regular performance. But I've done a few irregular things in my career. Besides, it was a perfect test of that new equipment. I got word from the ground party that every box, even the ones which were treed, landed absolutely intact. Wonderful. Mind now, I'm not saying it's the thing to do, but no hero, O'Brien. How about another helping of Turkey? Thank you, sir. Don't mind if I do. And there's no thrill in the world like flying a jet plane. And you can become an Air Force Aviation Cadet. You'll be flying jets easily and safely within 18 months. Aviation Cadet training is rough and rigorous, but the rewards are worth it. You can graduate as an Air Force Lieutenant earning more than $5,000 a year. Guarantee your future as an Aviation Cadet. See your nearest United States Air Force Recruiting Station today. This has been another program on Proudly We Hail, presented transcribed in cooperation with this station. Proudly We Hail is produced by the Recruiting Publicity Center in New York for the United States Air Force Recruiting Service. This is Mark Hamilton speaking, inviting you to tune in this same station next week for another interesting story on Proudly We Hail.


For sufficient wealth creation, apart from choosing the right investment, you also have to give your investment sufficient time to grow. You need to maximize the benefit of compounding by investing as early in life as possible. Now, early starters have the opportunity to stay invested longer, which makes it easier for them to reach various financial goals. Now, the Minister of Works and Housing, the Bartender Fashioner, had said that the federal government is creating wealth through infrastructure development, which provides jobs and market for goods and services. This is also as the finance minister, Zaynab Ahmed, said infrastructure development in the country has been made possible by adequate funding and increased budgetary allocations to the Ministry of Works, which climbed from about $18 billion in 2015 to over $500 billion this year. We will focus on wealth creation and investment on the show today. Welcome to Business Insight and Plus TV Africa. I am Justin Acadone. Welcome back. Patrick Ilodiana is the CEO and managing director of SFS Capital. He is keen about speaking about how people can start your investment journey with ease. Patrick is an investment expert and he is passionate about expanding the investment narrative to ordinary people, not just businesses. Welcome to Business Insight, Patrick. Thanks a lot, Justin. Yeah, let's just dive straight into it now. Oftentimes, people talk about multiple streams of income and when the wealth creation has been talked about, why is it necessary that one has a multiple stream? Thanks a lot. Thanks for having me here. Multiple streams of income is very, very important for a lot of reasons. Having just one stream is extremely risky. Like in everything in life, you should have options because the truth is that the only thing constant in life is change. If you just have one stream, that stream can dry up. So you should always thrive to have two, three, four streams as much as is possible and likely. And also many times when you have more streams of income, it's better because when one income stream is doing well, the other one is doing badly. When one is doing badly, the other one is doing well. So net net, no matter the situation or circumstance, you're more likely to suffer less risk when you have multiple streams of income. And also there's profitability. If you have multiple streams of income, you will learn continuously and some will do well. So you just have to ditch one and go together one continuously. So I mean there are just so many advantages. It's an imperative for good financial health to always have multiple streams of income. It sounds too good to be true and quite easily said and done because we have just 24 hours in a day. We can't even extend it. Some people might even require like 30 hours to complete everything they need to do in one day. But with multiple streams of income, how is it possible to manage time and go around each of them and be profitable in them? The truth is that everything in this life is hard and there is really no pain, no gain. So if you need to have multiple streams of income, you have to put in the work.  Time is the most important resource. You have to be able to allocate it no matter what. So if you allow one stream of income, take 100% of your time, that's a problem. You have to diversify your time. I mean so it's a deliberate effort and it is painful, it's not easy. So if you have a situation where one type of income, maybe your employment takes 100% of your time and does not allow you to develop others, then you should quickly start considering changing to something else or saving aggressively with that one type of income. But either way, your life goal should be to achieve multiple streams of income. So everything in life will try to prevent you from achieving that. Okay, fine. But some people would say that they're not really business savvy, they're not really into trading and they're just used to the regular maybe nine to five kind of job. How do you sell this multiple stream of income to them? You're right. Most people immediately leave school, I'll start from there, you make the leave school should actually do in nine to five. But the truth is that no matter what you're doing, you should also consider that your nine to five should not end from nine to five. If your first stream of income is nine to five, from five downwards, you should be focusing more on your alternative streams of income. You should either, I mean depending on what you're doing at that point in time, you might decide that your best chance is to enhance your existing job. Your best chance is to actually do something else. It might be to do an exam, it might be do a professional exam, it might be to start studying, trading, to start studying or reading something else. But either way, yes, if you think you should do one nine to five, it's perfect. But whatever you do, you should have to create time to read and develop yourself in other ways. If you want to do investing, the standard investing, you talk of stocks, bonds, forex, and there are just so many, but you have to put in the time. Alright. We'll talk about those investment opportunities, but let's really get a clear, maybe some sort of definition to this topic we are discussing today, which is wealth and creation. How do you break it down to the average man on the street? How do you create wealth? First, the first step to creating wealth is accumulating the wealth, because the truth is that many times, people get wealth in tiny bits. So first, you have to, I mean, it's difficult to, it's not impossible, but it's difficult to create wealth from absolute zero. But what is more likely is that no matter what you do, you have to preserve a part of anything you earn. And when you do that continuously, the power of compounding helps you. When you reach a certain threshold, you can now choose what to do with it. So for most of us, it's difficult to create wealth without having some kind of a capital at the time. But for some people, it's possible, when you do not have a capital, but that is business. You now find innovative ways to extract the margin. So for most of us, you have to gradually save up to that point. So let's talk about investments now, which is basically what you do. You are with SFS Capital, which basically is about investment financing and all of that. But the opportunities are bound. Really, when we talk about investment, there's real estate, there's fame tech, there's even the creative industry. Right now, a lot of people talk about it and beat coin and NFTs and all of that. But what are the factors that one should consider in making the right choice of investment? Okay, I'll answer that question, but I'll modify it a bit. Because usually, people do that as investment and that's your business. So typically, investment requires less time, but your business requires basically all your time. When you are doing investment, it's always good to dedicate the time and do your research, but also leverage a lot of other experts. So it's very, very important to commit yourself to researching the investments very well. In real estate, in equities, in bonds, basically. Okay, still talking about investment, a whole lot of people believe that for you to invest, you need to have a lot of monies kept somewhere that you aren't actually using at that particular time. Do you need so much to start up an investment plan? For most investments today, you don't really need that much. For most investments, you can start it off with a little less, 5000 era, some 500 era. But the important thing is that you have to start somewhere. And the important thing is that no matter what you earn or no matter what you have, it's imperative to put some aside. If you earn 100, if you are not deliberate about it, you spend 130. But if you are deliberate about it, you will always spend 80 and keep 20 for investments, no matter what. So yeah, no matter where you start, you can start small and gradually grow up and sort of scale it up. Okay, so if we talk of investment now, what do you really advise? For instance, I'm an entrepreneur, I just started a small business and I'm yet to break even and I'm still trying to meet my expenses and all of that and I don't really have any profit yet. I'm barely paying my worker's salary and all that. How do I not invest in such scenario? Yes, the truth is that it's never easy. But look at it like diversification. If you can eat, because no matter what you're doing, at some point you will eat, at some point you'll cut your hair, at some point you will do some certain things. So the way you allocate some expenses or you allocate things to different things, you must allocate some portion to saving or quote, unquote, sharpening the saw because it's a form of diversification. So no matter what you do, it's the same argument you say for Nigeria that no matter how we are, we should be saving something small because there are very few people that come to the point where their expenses are less than their income. It hardly happens. So just take your investment portion as part of your expenses, no matter what happens.  But could there be a thing like an investment plan going bad? I asked this because in the early 2000s a whole lot of people were running towards the capital market. People were investing in equities and all of that. But after a while, the profits of some of those businesses were not really profitable anymore, so to speak, and it was as though the capital market was not doing well, like investing in stock was not as profitable as it were. But looking at where we are right now and that particular term, would you really say it is wise to invest them in the capital market? That's why many times it's very good to do a lot of research in investments. I'll start with capital market equities. The truth is that equities have a lot of risk. And before somebody goes into equities, he should do his research historically and the forecast. But people go into equities with the wrong expectation. Equities are the kind of things you do for a five, six year time horizon and you keep it for a long time. Well, it depends. Personally, I have very, very few equities and that is simply because I think in a country like Nigeria, having equities, there are too many things that affect the price of equities. Even the companies themselves don't affect the price of equities. What CBN does, the fiscal policy, there are just so many things that affect the price of equities, apart from even the intrinsic value of the equities itself. So I personally avoid local equities. It's not that equities is something so different, but local equities I think is too high risk. And even in SFS, at the early stages, we decided to avoid trading a lot of local equities because it was just too unpredictable. No matter how you even explain to somebody that it goes up and down, up and down, up and down, net net, we discover the truth which is that nobody likes losing money. And no matter what happens, if somebody brings in 100 and he has 50, there is no explanation you give him for that reason. So that's why we avoided equities. So if you have a high risk appetite, go and do equities. If you don't, avoid equities. There are other ways to enhance your wealth without things like especially local equities. Alright. Okay. We'll come talk some more. You talked about avoiding local equities, so invariably you're saying that we should patronize international equities. Is that what you're saying in other words? It's difficult to do that. But if you have the opportunity to do, I would prefer international equities to local equities at this stage. Because this might change. For instance, at the turn of 2023, if the elections go fantastic, everything goes well, then at that time, the appetite for local equities might change. But as of now, as I stand today, there is no logical reason that I think that local equities will do significantly well. Or you might, you don't have a strong risk of losing value if you launch into local equities right now. If you're still watching Business Insight and Plus TV Africa, we'll take a quick break. And when we return, we'll come talk some more about wealth creation and, of course, the best investment plan for you. Do join us again. Welcome back. It's still Business Insight and Plus TV Africa. And we still have Patrick Iludia, and we're managing director and CEO of SFS Captain. And we've been looking at wealth creation and making the right investment. Just before we went on break, you were the sweating people from local investment. But let's talk about alternative sources or forms that you could go. You talked about real estate. People would always say that real estate is a good deal. And at times that always the case. Most of the case. Because, you know, for instance, SFS capital, we run two real estate investment trusts in Nigeria. There are only three, and we run two. And they're quoted on Nigerian exchange. And we've done that for many years. So we know quite a bit about real estate. Real estate is good. Real estate is fantastic. But real estate has different branches. And they all have different qualities. Land. In the last 10 years, land has been almost guaranteed. It's difficult to lose money in land. But the problem is that it also comes to its own risks. It's easier to be defrauded in land. It's easier for people to collect your land. Getting the right sources. Land grabbers everywhere. Yes, yes. Excluding forex land has probably been the best investment in Nigeria over the last 10 years. Then you now go to actual houses. Then you now go to things like maybe bonds. But bonds, it's actually a very viable one. But how come it's not really, when I say popular, maybe among the low-income earners, how come they don't really patronize that particular financing option? Because first and foremost, bonds are relatively newer than most products in Nigeria. And second, bonds are going to be more complicated to understand. How so? Because people don't understand fixed deposits.  For a specific time. For a specific time, you get 10% interest rate. Did they even get 10% this time? Yes, you can get 10%. Yes. But on bonds, it's going to be more complicated. And there's a lot of other formulas. I mean, I was around when the bond macros formed in Nigeria and we know how all the work it took to even get people to understand bonds, to start trading bonds. And don't forget for most of the bonds, the minimum volume is like 100 million. So it's not something that the retail person will do. But bonds can be very, very profitable. Because first and foremost, you have a fixed fee. One of the first bonds issued in Nigeria is about 100%. And bonds are tax free in Nigeria. Even Teebles are not tax free. But bonds are tax free in Nigeria. So there are just so many beautiful things about bonds that people do not know.  But a bond is the kind of thing you just buy and hold and wait for some time, especially when you're in Nigeria. But yes, I think that more people should actually invest in Nigeria, especially now. Because bonds are increasing in value. For a new bond investor, this is actually the perfect time to enter bonds. But bonds is for patient money. It's not for money you want to go in and come out. 10 years, 20 years, 30 years? Yes, it's not even that long. Maybe 2 years, 3 years. Just money you can afford to forget for like 2, 3 years. Because the bond prices go up and down. But all things being equal, if you have good advice and work the market, you would probably do better in bonds than in almost all the other fixed income instruments. Okay, fine. Let's talk about a bit of an advice right now. For instance, I like I said, I'm a non-piponio. I have a small business and I've been able to make some profit of 5 million Naira. And a bank comes to me and says let's hold this fund for you. You can put it in a time deposit. And in my little sense of accounting and I'm financing, I know that it is not so profitable to put just put 5 million in the bank for 1, 1, 6 months. Because at the end of the day, whatever you're getting is really, really nothing to write home about. What would you really advise for people who don't really have so much and maybe they have like a million to 5 million to invest, what's the right way to go? Okay, it depends. I'll ask the question of how long are you willing to leave the money for? Say for an average of 6 to 1 year. 6 months to 1 year. If it is because that's actually short term. If you need the money in 6 months to 1 year, then your best bet is to do a mutual fund. A mutual fund. Like SFS fund or SFS fixed income fund. Because for some mutual funds you can invest and they invest in the bonds for you but the truth is that when you want the money, they give you back the money. So if your time frame is that short, your best bet is a mutual fund. There are many fixed income mutual funds that give you up to 10%, 15% in Nigeria for that time frame. You won't get that in the same accounts, you won't get that in the fixed deposit. So mutual funds like SFS fund are probably your best bet for that type of short term. If it could go longer, I might say land or something else. As we round off from this and discussion now, let's talk about financial advice and a lot of people, they don't really know the right way to go. There are lots of people who come to them and say you can just fix money here you can do some sort of insurance funds and all of that.  For instance, I come to you and I tell you that I want to invest as an investment bank and investment expert. What advice would you give me in terms of the right way to go in terms of the right investment plan and of course the ceiling I can go for each particular investment. That is a very very deep question and I can speak about that for ten hours but I will try and summarize it. I think each person should, it depends on where you are someone who has a hundred and someone who needs a hundred to survive will definitely have a different investment plan but someone who has a thousand will need just a hundred to survive. Either way, your investment plan depends on what your mandatory expenditure for the next one or two years. It is always best to diversify do a bit of most of the income streams, do a bit of real estate, do a bit of mutual funds, do a bit of effects do a bit of different things but the truth is that many times we don't have that luxury. If you have a large pool diversify depending on your age if you take more risk if you are younger less risk if you are older so just diversify and do a lot. But if you have not gotten to the point where you have a large cash of fund, aggressively start putting it together by saving in some of the mutual funds and when you are looking for a mutual fund I mean there are a lot of beautiful mutual funds with different organizations in Nigeria just look for a regulated organization maybe regulated by SEC and a rated organization once you find that and the rating now is above A you probably get reasonably good advice so for some reason I discovered that a lot of people these days do not value credit ratings. Credit ratings are very very good sometimes so it is not guaranteed but it is a good indicator that whoever it is has a credit rating has gone through an extensive test by a third party and has come out positive and somebody else is standing beside that rating and saying this guy knows what he is doing. Okay as we round off now I want you to reach out to a particular CEO or a particular entrepreneur who is actually struggling and they have not been able to break beyond a particular boundary as per income level and they are looking for the right way to go because over time they have been working on plowing back their profits but they are thinking of how best they can move from profit margin of around 5 million to maybe 10 million to double my profit in the next 2 to 3 years what would your advice for that person to be showed up? Okay the truth is that for most people the truth is that the best advice is just never quit many people assume that you are working there and instantly everything works out well for most people it never happens like that for most people 99% of the time things look terribly bad and just that 1% you break through so the most important thing is do not quit just keep on keeping on because many times that 1% is just it might just be 24 hours away but you just never know you just never know it's just like when they say that you should know that the truth is that 20% of your time will be wasted and 20% will be productive but many times you don't know which one is you don't know which 80% will be wasted you don't know which 20% so you just have to do the whole 100% but yeah just keep on keeping on and that time will come Alright thank you so much for those insights that you have given I'm sure one or two people would have their business revived from the words of wisdom that you have impacted today Thank you very much Thank you We have been speaking with Patrick He is the managing director and CEO of SFS Capital He joined us today to know character wealth creation and best ways you can do to get the right investment plan As we wrap up on the show today we'll leave you with useful tips on how to write an informal proposal and that's the size of the show for this week I am Justin Akademi See you again next time Bye for now When writing a proposal overwhelms many people but the task does not have to be daunting Even my proposals are written when people need to ask permission to make a purchase undertake a project or write a paper this type of proposal is a way of persuasively putting forth an idea and asking for action to be taken on that idea When writing a proposal consider who will read the proposal and what that person may or may not already know about what you are proposing. Follow these steps when writing a proposal 1. State your proposal Do this clearly and concisely so that the reader knows immediately why you are writing 2. Give some background information Explain why you are proposing your suggestion so that the reader has a better understanding of the problem 3. State a solution to the problem This is where you give specifics 4. Show costs Lay out any costs that will be involved 5. Conclusion Wrap it up by restating the problem and the proposed solution


Do-do-do, do-do-do. Blue Skadoo, we can too! They should make an Indian blues clues. Okay, maybe they have. That's the tweet. I'm sure they've taken blues clues and they have dubbed languages on it. No, no you don't think, I think so. I'd be a bit of a stretch. Why? I don't know. Josh! Hey welcome back to our two-threads of Corbyn. You can follow us on Twitter. We got mail. Twitter content, thank you to our social page We actually do have mail. I have to go to the post office box. Congratulations. We have a game, I think. A game? Yeah, someone messaged me on Instagram and said they had sent us a game. By the way, I also have, I'm sorry I haven't gotten it back, but there was a request for an autograph. I am getting that to you in the next few days. I have not forgotten, if you were wondering. Yeah, usually. Today we got a new trailer that came out about a day ago, sorry for just getting to it. It's a new Nawazad Insadiki movie. It's a Tiku Wedz shiru. Yeah, I've seen Tiku Wedz shiru. I didn't wanna look. It's funny, there's a lot of folks in Indian cinema I have unfollowed because they only use their page for promotion and I don't wanna see the stuff they're promoting because it can give away something we're gonna look to on the channel. So I typically, if you see I'm following somebody, it's typically somebody we've interviewed or we really know what's going on with them well before it's even published. Yeah, yeah. But yeah. I saw he had done something about this. And that's why I follow him because he's a buddy. We've talked with Nawazad. We'd love to talk to him again. Love to. Especially when we can go back to India. India, which yeah, that would be our immigration attorney. Oh, great. Went great. Good, yep. Here we go. Don't do this. Get out of here. This is marriage. You can do it on your own. Yes, yes. You can't do it on your own. You'll be taken away, right? But that's not in your mind. Tiku, what about Chinnam? Then don't do it on your own. Now tell me. What did you say? What's wrong with you? You got married. Didn't you tell me? Who are you? What do you know? I'm the PMC. I don't know anything about you. Sit down.  Did he do anything? He didn't do anything. He's the pervert. How are you doing, kid? I'm fine, I'm fine. Dad, I mean, I'm fine.   I'm a pervert, Mumtaz. I'm getting ready for nine minutes. There's TV, AC, music, iPad, U-Pad. Everything will be facilitated, Insha'Allah. You're very special for us. We are special.  You've become a pervert.  Bhai, I want to talk to you about something very important. Do a dive on your own. A grace, big knife. No grace, no life. I'm in love with you. If you're not in love with me, then this time I'm going to call you Salman Khan. Englishman, do you step up? I like it. I can speak in Punjabi also. It's not about machine gun use or with a terrorist attack. It's love about two people in the one sky. And they're happy about it, you know what I mean? It's an Amazon film. You know why I'm smiling, aside from the fact that it's on Amazon and not Netflix? I'm smiling because that's what Nawaz told us. His dream has come true. Really happy. Maybe he doesn't get to go. But at least that's the kind of... This is the kind of film he told us, if we asked him if there was a film he could do because he has historically been one, he's a great actor who can do it, but two, he's not the type to play, as he said, the hero that gets the girl. So I love that this is the kind of film that he's doing right. I almost have been very gratifying to be in this kind of a film because he's clearly wanted to do it for years. Yeah, yeah. Roll the Coastal Story. My God. Two survivors who, in spite of their overwhelming odds, have a great zest for life. To live and celebrate life. And it looks like that was their marriage arranged? I think so. I think so, which Andrani and I have started watching Indian Matchmaker. Oh yeah, how was it? We are into... I don't remember if we're in season three now, or the end of two. It's very interesting, sometimes infuriating, sometimes never boring. So it's a nice little guilty pleasure we're enjoying every now and then in between our episodes of Housewives of Beverly Hills when we have our guilty pleasure of reality TV. Yeah. So the part that's really infuriating, among many other things that can infuriate in that process, but again, there's also a lot of wonderful. But the consistency with which the matchmaker and other people talk about how negative it is or positive it is, whether the person is quote unquote, fair. Yeah, they'll put those out. This is a good candidate, dot, dot, dot, dot, dot, fair, bad candidate, ba, ba, ba, ba, ba, not fair. It just makes you want to throw things at the TV. The congana right now is the producer of it. I know they've worked together a few times, Nawaz and her. But I thought that was interesting because I wasn't expecting that. It looks like a cute kind of quirky, I bet there's a little more to it there. It felt like it wasn't just gonna be a standard affair kind of thing. Aladdin. No. Both onto. No. Anything else? Looks like a lot of her stuff we have not seen. What's Pothon to? Why is it coming out in 2020? What is that? No, that's very strange. We haven't seen that. We haven't seen that either. 421 episodes of Aladdin. The TV series. Oh my. Yeah, I don't think we've seen her anywhere. Cut grief. She's in two films that I know about. Like a lot of people like our Qwap Qwap single, which is your fun film. And then say that one. Mardani. Which I believe is a video. Ronnie. Ronnie McCurgy. Ronnie McCurgy film that a lot of people like. But it looks like a cool, quirky, fun film. I am intrigued. Nawaz at Enzadiki. Totally intrigued. Where's the film that he's doing that he's playing the, I think it's transgender. Remember that? I do remember that. I don't remember what it's called, but I do remember that. I think it was the most anticipated of the year. Yeah, I do recall, but I don't recall the name. If you can find it, that would be cool. Hadi is what it's called. Ah, I would have never remembered that. What's the release date on that kid? It says July 15th. Tell a small town boy high who has a desire of becoming a woman. The story shows history of Indian transgender. Did you say it's July? That's what it says. Indian film, so we'll get a trailer July 1st. Yeah, yeah, yeah, yeah, yeah. If it's still coming out then. Distribute, who's the studio? On your art shop, isn't it? Like, in it. Yeah, the guy who says he doesn't like acting very much is acting all the time. What's up? That's funny. Is he producing it too? Let's see. I don't know, I think it's so funny. No, he's just in it. That's funny. He just, he has straight up told us that a couple times. Hey, just because he just, well, there's that basketball player that hates basketball. I know. What's his name? Bob Saget. No, the, what do they call him? The Joker. He's from like... Currently playing? Yeah, he just won. He's a place for the Denver Nuggets. Oh, I don't know. I don't follow NBA well enough to know all the players. He's not from Russia. He's from somewhere just around Russia. I apologize for not knowing that, but he's like, he's a foreigner, so he has a, he's a basketball. But he's not Russian, so just get the Russian accent. I just forget where he's from. But he like has such, he's one of the greatest basketball players playing today. Right. And he's just naturally good. Right. But he just, he's like, I, this is, he constantly says, this is just a job. I want to go home. I want to go home and be with my horses and my family. Wow. He's like, they just won the championship. And he found out during this press conference that there was going to be a parade. And he was like, there's a parade? When? And they just said Friday. He's like, no, I have to go home. Yeah. He just treats it as a nine to five job. The reluctant champion, but like, like he's one of the greatest basketball players playing right now. He's, he's, he seems like a very sweet guy. Anyways, but I'm looking forward to that one. You guys let us know about this one if you're looking forward to this and anything else we need to know down below. Josh.


Whenever I'm asked at a lecture whether some food is healthy or not, my reply is compared to what? For example, are eggs healthy? Compared to some breakfast sausage next to it? Yes, but compared to oatmeal? Not even close. Think of it as having $2,000 in your daily calorie bank. How do you want to spend it? For the same number of calories, you can eat one Big Mac, 50 strawberries, or a half a wheelbarrow full of salad greens. No, they don't exactly fill the same culinary niche.  But it's an illustration of how mountainous a nutrition bang you can get for the same caloric buck. Every time we put something in our mouth, it's a lost opportunity to put something even healthier in our mouth. So what are the best foods to eat and the best foods to avoid? Here's how I like to think of it. This is my traffic light system to help quickly identify some of the healthiest options. Green means go yellow, means caution, and red means stop and think before you put it into your mouth. Ideally, on a day-to-day basis, green category foods should be maximized, yellow foods minimized, and red category foods avoided. As far as I can figure, the best available balance of evidence suggests the healthiest diet is one that maximizes the intake of fruits, vegetables, legumes such as beans, split peas, chickpeas, nuts, whole grains, nuts and seeds, mushrooms, herbs, and spices. Basically real food that grows out of the ground, these are our healthiest choices. In general, the more whole plant foods and the fewer processed and animal foods, the better. So more green light foods and less yellow and red. Like running red lights in the real world, you may be able to get away with it once in a while, but I wouldn't recommend making a habit out of it. My traffic light model stresses two important concepts. Plant foods tend to be healthier than animal foods in terms of being packed with protective nutrients and fewer disease-promoting factors, and unprocessed foods tend to be healthier than processed foods. Is that always true? No. Am I saying that all plant foods are better than all animal foods? No. In fact, the worst thing on store shelves has been partially hydrogenated vegetable shortening. It's even got vegetable right in the name. Even some unprocessed plants, such as blue-green algae, can be toxic. Anyone who's ever had a bad case of poison ivy knows plants don't always like to be messed with. In general, though, choose plant foods over animal foods and unprocessed over processed. What do I mean by processed? The classic example is the milling of grains from whole wheat, for example, to white flour. Isn't it ironic that these are then called refined grains, where the means improved or made more elegant? The elegance was not felt by the millions who died from berry berry in the 19th century. A vitamin B deficiency disease that resulted from polishing rice from brown to white. White rice is now enriched with vitamins to compensate for the refinement. A Nobel Prize was awarded for the discovery of the cause of berry berry, and its cure, rice brand, a brown part of rice, berry berry can cause damage to the heart muscle, resulting in sudden death from heart failure. Surely such a thing could never happen in modern times. I mean an epidemic of heart disease that could be prevented and cured with a change in diet? Check out my videos on heart disease. Sometimes though, processing can make foods healthier. For example, tomato appears to be the one common juice that may actually be healthier than the whole fruit. The processing of tomato products boosts the availability of the antioxidant red pigment by as much as five-fold. Similarly, the removal of fat from cacao beans to make cocoa powder improves the nutritional profile since cocoa butter is one of the rare saturated plant fats, along with coconut and palm kernels that may raise cholesterol. So for the purposes of the traffic light model, I like to think of unprocessed as nothing bad added, nothing good taken away. So in the above example, tomato juice could be thought of as relatively unprocessed since even much of the fiber is retained unless salt is added, which would make it a processed food in my book, and bump it out of the green zone. Similarly, I would consider chocolate processed since they add sugar, but cocoa powder not. The limited role I see for yellow light foods in a healthy diet is to promote the consumption of green light foods. They can be the spoonful of sugar that makes the medicine go down. So if the only way I can get a patient to eat oatmeal in the morning is to make it creamy with almond milk, then tell them to add almond milk. The same could be said for red light foods. If the only way you're going to eat a big salad is to sprinkle it with Bacos, sprinkle away. Bacos are what I refer to as ultra processed foods, bearing no redeeming nutritional qualities or resemblance to anything that grew out of the ground and often with added badness. Bacos, for example, have added trans fat, salt, sugar, and even red number 40 food dye that may cause thousands of thyroid cancers every year. As a red light food, it should ideally be avoided, but if the alternative to your big spinach salad with Bacos is KFC, then it's better to sprinkle. The same goes for real bacon bits. I realize some people have religious or ethical objections to even trivial amounts of animal products. Growing up Jewish next to the largest pig factory west of the Mississippi, I can relate to both sentiments, but from a human health standpoint, when it comes to animal products and processed foods, it's the overall diet that matters. For example, without hot sauce, my intake of dark green leafy vegetables would plummet. Yeah, I could try making my own from scratch, but for the time being, the green ends justify the red means. On the same note, it's really the day-to-day stuff that matters most. It really shouldn't matter what we eat on special occasions. I feel free to put edible bacon flavored candles on your birthday cake. I'm not actually making those up, though I guess from a food safety point of view, a raw cake batter, salmonella infection could leave you in dire straits in general. It's really your regular routine that determines your long-term health. Our body has a remarkable ability to recover from sporadic insults as long as we're not habitually poking it with a fork. That's why from a medical standpoint, I don't like the terms vegetarian and vegan, because they're only defined by what you don't eat. When I taught at Cornell, I had vegan students who appeared to be living off of french fries and beer. Vegan, perhaps, but not terribly health-promoting. That's why I prefer the term whole food plant-based nutrition. In general, the dividing line between health-promoting and disease-promoting foods may be less plant versus animal-sourced foods and more whole plant foods versus most everything else.


The regulatory framework in Namibia has been found to be ineffective due to conflicting interest between the Ministry of Information Communication Technology, ICT and its shareholder role over Telecom Namibia. This conflict of interest has resulted in a lack of competition in the country's electronic communications market, which is contrary to the regulatory purpose of promoting private investment. To address this issue, legislative amendments and a redesign of the regulatory framework are necessary to ensure that the regulatory purpose of improving competitiveness is achieved. This article was authored by Stanish Anapanda.