HOW TO EARN MILLIONS WITH OTHER PEOPLE'S MONEY

How to make millions with bank loans

I srongly believe this is what u need at this time.I mean how to make money with other people’s money other peolple’s money here means the money given to the bank by customers.This is the money they give people as loans.Knowledge is the basic thing we need to make use of bank loans to invest in stocks.The person that has knowledge in the capital market is better than the person that has capital in the capital market.

We have about 26 banks in Nigeria in which you can access loan to play in the stock market.The 26 banks has different interest rates they charge on the money they lend you.
For example bank A can borrow you ngn2million and charge an interest of 25%.This means you are to pay back #2.5 to 2.7m in total when you are returning the money back to the bank.
Some of the 24banks are
FIRST BANK
UNION BANK
GTB
UNITY BANK
FIRSTINLAND BANK
ZENITH BANK
BANK-PHB
OCEANIC BANK
UBA
SKYE BANK
AFRI BANK
INTERCONT.BANK
WEMA BANK
ACCESS BANK

WHAT YOU MUST UNDERSTAND BEFORE ACCESSING BANK LOAN
You must have an account with the bank,for you to have a better chance to secure the loan,you must have run the account for 6months.If the loan is given to you,it will be lodged directly into the account you have with the bank.

Bargain for longer period of time to pay back the loan.The longer the period you have,the more chances you have to make mega millions off the stock market.In the stock market,a longer period is an advantage to you

Bargain the interest rate to the lowest possible.The interest rate Is usually between 16% and 25%,if your bank say 25%,find another bank that charge less let say 18%

You must know the percentage the bank require you to contribute before they lend you the money.Most banks expect you to contribute within the range of 20% to 50% of the fund you are collecting..That is if you are collecting 1million,you are expected to contribute 40% means the bank is going to give you #600,000 and you contribute#400,000.If at the end of the day they charge you 25%,you are expected to pay the 25% on the #600,000 and not on the 1m.

Analyze properly before you put money on any stock.

Maximize your return by setting a target of the percentage you must achieve within 12months.,which in most cases must be 50% and above.If you make 50% on 600,000 that the bank gave you,which will be 300,000 and you can pay back their 25% which will be around #150,000and go home with your #400,000 and your gain of #150,000