You are right, Bahamians simply need to learn to educate themselves about the various investment opportunities that are available at the local brokerage houses. Start saving early, like in their 20s. Transition to investing ASAP, Lead a discipline financial life. Learn about mutual funds and branch into buying dividend paying shares. An individual who learns the secrets on investing should not seek to be popular. Focus on their financial goals by making sacrifices and stick to their plan. The results will be rewarding. I was able to retire at 45 after working in a large corporation for 20yrs by keeping the Banks off my back with their predatory lending practices. That is what is enslaving many Bahamians who at the end of the day are forced to rely on Government pension.
Great Job BPL ….that's what you call progress and deliverance by the FNM government....Leave it up to the all talk no action PLP and the BPL crises would have been going on forever.
Well Well Mr Culmer MP Vaughn Miller is giving his speech and he is still against the town center deal and will vote against the no confidence motion in the PM
Politics may not be a card game but the results can be the same. Brave over playing his hand too soon will result in loosing the game before a half of the cards are delt.
Listed share prices on the Bahamas International Securities Exchange (BISX) continue to move in the opposite direction to their global counterparts. To use ones BISX shares as collateral for Margin loans is like committing personal economic suicide with its immature trading rules.
Mudda you are so right, Sebas wanted to do a full IPO with island luck The Securities Commission frustrated him so much that he had to settle for mutual funds called the Titan Balanced Fund and Titan Fixed Income Fund placed with down market broker dealer Leno.under the name of Investar Securities. Bahamians are beginning to see through these broker dealers and their mutual fund fees for what they are. Scam havens.
MR Potter why offer the mutual fund route when Bahamians can better benefit from the upside growth of BPL share appreciation if you were to offer an IPO to Bahamians just like you British will enjoy when and if oil is discovered in our waters. Even a Bahamian BDR derivative of BPL shares would be a better bet for Bahamian investors in the long run if oil is discovered.
Why treat Bahamians like second class citizens in their own country with a resource that may be discovered in their own country while the many British share holders in BPC enjoy the full benefit. BISX has been existence for over almost twenty years and our capitol market is sufficiently developed with experienced broker dealers who can make an IPO happen that would benefit Bahamian investors much more.
Sue Equinor's facility in Grand Bahama for the environmental cause by the hurricane dorian. That company is worth billions. Apply the billions won to the national depth. The principals of that company are looking at us as a third world country who they can just run over and destroy the environment and get away with.
Going forward every new critical infrastructure built on this chain of islands should be elevated 30 feet minimum above sea level. That includes Airports, Power stations, Hospitals, clinics, water pumping stations, important government offices and the like. Have you readers ever wondered why the Americans bought the highest land in Nassau city and are building their new Embassy on the highest point in downtown Nassau ? Do you think they know something that we don't .? hint hint they have many supercomputers In their universities and they have ran simulations on what climate change will do to year by year going forward. Dorian was a baby compared to their results.
The liquidation list in the Bahamas financial services industry continues with Pacifico Global Advisors now being added to the list including Caledonia Corporate Management, Owen Bethel’s Montaque Capital Partners,Tillerman Securities, Gibraltar Global and least we forget the infamous **Golf Union Bank** and **Clico** from the insurance sector. Not good for this country reputation, I wonder what the liquidation rate is in Cayman and Bemuda
realitycheck242 says...
You are right, Bahamians simply need to learn to educate themselves about the various investment opportunities that are available at the local brokerage houses. Start saving early, like in their 20s. Transition to investing ASAP, Lead a discipline financial life. Learn about mutual funds and branch into buying dividend paying shares. An individual who learns the secrets on investing should not seek to be popular. Focus on their financial goals by making sacrifices and stick to their plan. The results will be rewarding. I was able to retire at 45 after working in a large corporation for 20yrs by keeping the Banks off my back with their predatory lending practices. That is what is enslaving many Bahamians who at the end of the day are forced to rely on Government pension.
On Pensioners are getting rough end of the deal
Posted 17 December 2019, 3:58 p.m. Suggest removal
realitycheck242 says...
Great Job BPL ….that's what you call progress and deliverance by the FNM government....Leave it up to the all talk no action PLP and the BPL crises would have been going on forever.
On Finally - BPL’s new engines on stream
Posted 16 December 2019, 12:01 p.m. Suggest removal
realitycheck242 says...
Well Well Mr Culmer MP Vaughn Miller is giving his speech and he is still against the town center deal and will vote against the no confidence motion in the PM
On ‘NO SURPRISES’: Culmer warns FNM MPs - don’t back PM, you don’t back party
Posted 11 December 2019, 3:41 p.m. Suggest removal
realitycheck242 says...
Politics may not be a card game but the results can be the same. Brave over playing his hand too soon will result in loosing the game before a half of the cards are delt.
On Davis presses button on ‘no confidence’ motion
Posted 6 December 2019, 6:01 a.m. Suggest removal
realitycheck242 says...
Listed share prices on the Bahamas International Securities Exchange (BISX) continue to move in the opposite direction to their global counterparts. To use ones BISX shares as collateral for Margin loans is like committing personal economic suicide with its immature trading rules.
On Leading doctor faces $300k Fidelity payout
Posted 6 December 2019, 5:21 a.m. Suggest removal
realitycheck242 says...
Mudda you are so right, Sebas wanted to do a full IPO with island luck The Securities Commission frustrated him so much that he had to settle for mutual funds called the Titan Balanced Fund and Titan Fixed Income Fund placed with down market broker dealer Leno.under the name of Investar Securities. Bahamians are beginning to see through these broker dealers and their mutual fund fees for what they are. Scam havens.
On Oil explorer in New Year local investor fund
Posted 30 November 2019, 2:54 p.m. Suggest removal
realitycheck242 says...
MR Potter why offer the mutual fund route when Bahamians can better benefit from the upside growth of BPL share appreciation if you were to offer an IPO to Bahamians just like you British will enjoy when and if oil is discovered in our waters. Even a Bahamian BDR derivative of BPL shares would be a better bet for Bahamian investors in the long run if oil is discovered.
Why treat Bahamians like second class citizens in their own country with a resource that may be discovered in their own country while the many British share holders in BPC enjoy the full benefit. BISX has been existence for over almost twenty years and our capitol market is sufficiently developed with experienced broker dealers who can make an IPO happen that would benefit Bahamian investors much more.
On Oil explorer in New Year local investor fund
Posted 30 November 2019, 4:58 a.m. Suggest removal
realitycheck242 says...
Sue Equinor's facility in Grand Bahama for the environmental cause by the hurricane dorian. That company is worth billions. Apply the billions won to the national depth. The principals of that company are looking at us as a third world country who they can just run over and destroy the environment and get away with.
On Polluters could be hit with $30m fines
Posted 21 November 2019, 4:20 p.m. Suggest removal
realitycheck242 says...
Going forward every new critical infrastructure built on this chain of islands should be elevated 30 feet minimum above sea level. That includes Airports, Power stations, Hospitals, clinics, water pumping stations, important government offices and the like. Have you readers ever wondered why the Americans bought the highest land in Nassau city and are building their new Embassy on the highest point in downtown Nassau ? Do you think they know something that we don't .? hint hint they have many supercomputers In their universities and they have ran simulations on what climate change will do to year by year going forward. Dorian was a baby compared to their results.
On Shell open to new power plant IPO
Posted 14 November 2019, 4:10 p.m. Suggest removal
realitycheck242 says...
The liquidation list in the Bahamas financial services industry continues with Pacifico Global Advisors now being added to the list including Caledonia Corporate Management, Owen Bethel’s Montaque Capital Partners,Tillerman Securities, Gibraltar Global and least we forget the infamous **Golf Union Bank** and **Clico** from the insurance sector.
Not good for this country reputation, I wonder what the liquidation rate is in Cayman and Bemuda
On Insolvent adviser meets just 25% of $1m liability
Posted 13 November 2019, 5:04 p.m. Suggest removal