nowpresence:

compared to mutual funds and stock, which is better?

AgamaProf:

It guarantees performance to some extent.That is why they cannot investment in any kind of investments.All to ensure safe returns to investors. As an investor, I can sue them if they don't comply to ISA 2004.

0monnak0da:
Performance means making money. Compliance does not ensure that they will make money. I would like to know how the MF industry performed in 2015 and 2016

0monnak0da:
my sister I wish life was that simple. Firstly I assume you are talking about buying and holding foreign exchange as opposed to daily trading.

To my thinking the former is simply a form of saving and not an investment. It does not generate signifiant returns though it could protect you from inflatioo if you lack confidence in the Naira.
Remember that the OP said he is a novice so for a novice I would advice mutual funds that is outside Nigeria . I did not realise before today that there were mutual funds in Nigeria
Personally I woulld have serious Trust issues about MF managers in Nigeria but there seems to be decent regulatory legslation. Infact I am beginning to wonder if one of them is not responsible for creating this thread.
It is worth knowing people in the industry.

The key thing with Shares or Funds is ENTRY POINT. Getting in at the right price. This is usually a time when things are bad and confidene low as was the case 3 years ago.At such a time when things have crashed almost everything is a winner. After that prices can pick up very quickly as they have done in the last 12 months and may become overirnflated. That is where you need a bit of technical expertise .
If you are investing for the long term i.e 10 years or more it does not really matter. I would advise buy shares and focus on 2 3 or 4 ompanies maximum.Buy and hold for the long term.

Personally I like shares like Guinness or Nigerian Breweries always a winner in Nigeria maybe Nestlle and look for a pharmaceutical ompany whose products you know and like

In the short term I wolul say go for the Mutual Funds if you trust them or T Bills

Buffalowings3:
Which mutual funds outside the country do you know, bros

aaronson:
If your money runs into millions I suggest you invest in Treasury bills.

Shares takes years to get high pay out dividend, most people buy share for their unborn kids as a result.

Treasure bill is like a loan to the government that can be paid back at anytime you want, however, duration determines the percentage of profit you make, could be weeks, months, 1 year or more.


Crypto currency is a big risk, I'm NOT saying don't invest but venture in other sectors before risking that of Crypto currency. Crypto is highly volatile but massive profit but eh bros, if the volatility catches up with you, your 1 million could be worth 400k or less within minutes and the painful thing about it is you would be watching your money decrease right in your btc wallet and you can't do nothing about it, Ask gurus like Tabbaz, La.dyF, Ymodul.us and Hazz.anTazzan.

Crypto investment bought me Benz in the dream but when I woke up to volatility na brand new dullop slippers I dey use cruise around town. hahahaha kidding you but Invest wisely.

Nairaruky:
Mutual funds in Nigeria is not encouraging
If I were you,I will invest 30% in forex I.e buy $ and lock it up in dom acct
40% in ZENITH or GT bank be rest assured of 8 to 15% appreciation/ yr no matter the bear n fluctuating crude prices...dz two banks are bear resistant
The rest 30% in 3mths TB roll over
Provided you are employed and earn money monthly.....
Do this for 5 yrs...you are out of the rat race

Nairaruky:
Mutual funds in Nigeria is not encouraging
If I were you,I will invest 30% in forex I.e buy $ and lock it up in dom acct
40% in ZENITH or GT bank be rest assured of 8 to 15% appreciation/ yr no matter the bear n fluctuating crude prices...dz two banks are bear resistant
The rest 30% in 3mths TB roll over
Provided you are employed and earn money monthly.....
Do this for 5 yrs...you are out of the rat race

Tabbaz:


@bolded has happened to many crypto traders/investors. Lan Balina comes to mind

erico2k2:

High Risk, your funds aer held by Mining computers,Owners can pack up anytime,this has happened loads!

Mires:
There are several things to be taken into consideration before one ventures into investment. I will limit my discussion to just one considering your request after which the choice will be yours.

There are two types of investors; risk averse and risk lover.

For risk averse, sometimes call risk free in some texts, returns on investment (ROI) is usually low. While for risk lover, ROI is usually high.

Risk averse are those who don't like taken risks in terms of investments. Most of them rather prefer monthly salary. They are the set of people, Kiyosaki assumes to be running a rat race.

Risk lovers are those who embraced risks and rather prefer to lost their #1m rather than remaining with the #1m tomorrow if it can't be double by tomorrow. These are the people who make up the wealthy class. They don't like being associated with monthly salary.

Having said all these, there's a short term treasury bills which is for risk averse given that you are always or 100% sure of your investment. Is it really investment? I disagree just like many professionals in the field of economics and allied courses will disagree.

It is rather an avenue to loan an idol cash to the federal government rather than allowing commercial banks to trade with the money with little or no interest added to it. It is still advisable to channel one's idol cash to it rather than fixed deposits since ROI in the former is relatively higher to the latter. To be specific, it's about thrice the latter.

Does it make rational sense to use for instance #1m in buying treasury bills for a period of 364 days if my nature of job can give me time to invest in a viable business? The answer to this question is linked to my kind of person; risk averse or risk lover.

aaronson:
Bros am a victim, Make I no lie lol. But little money though.

erico2k2:

Mutual FUnd is SCAM, I thought by now you guys are wiser

How is mutual fund a scam? Can you back it up with your proof/evidence

I'm hearing this for the first time that Mutual Funds is SCAM

galantjoe:
My. Investment advice to op is
Invest in Stanbic IBTC money market mutual fund
Risk- same as deposit at bank
Return- currently15% per annum accrue every day. Year high is 18% p.a.
You can disinvest by giving 5 days notice
Minimum investment amount: N50,000

Visit any Stanbic IBTC Bank for more information.

aaronson:
If your money runs into millions I suggest you invest in Treasury bills.

Shares takes years to get high pay out dividend, most people buy share for their unborn kids as a result.

Treasure bill is like a loan to the government that can be paid back at anytime you want, however, duration determines the percentage of profit you make, could be weeks, months, 1 year or more.


Crypto currency is a big risk, I'm NOT saying don't invest but venture in other sectors before risking that of Crypto currency. Crypto is highly volatile but massive profit but eh bros, if the volatility catches up with you, your 1 million could be worth 400k or less within minutes and the painful thing about it is you would be watching your money decrease right in your btc wallet and you can't do nothing about it, Ask gurus like Tabbaz, LadyF, Ymodulus and HazzanTazzan.

Crypto investment bought me Benz in the dream but when I woke up to volatility na brand new dullop slippers I dey use cruise around town. hahahaha kidding you but Invest wisely.

ONE OF THE BEST ADVICES SO FAR ON THIS THREAD

y4code:
[img][/img]Hello Nairalander

I have some money left aside to invest with i was thinking of investing in shares or mutual fund but i am a novice in both and willing to learn how both work.

please gurus in the system advice me coz i dont know what the stock or mutual fund market is saying right now and i have been doing some finding but havent get a genuine information.

please help me with some vital info and if you have any advice for me about stock or mutual fund please dont hesitate to aadvice me.

i will like to ask some questions from you my uncles and aunts in the system.

which one is more better to invest in between Share or mutual funds in terms of
1...Risk
2...Profit
3...time frame.

thanks

all comments are welcome.

(2) I invested in different cryptos and i threw my hardware wallet on top my ceiling until one of the cryptos's price can buy me a Lambo!

A plot of land is also an option but make sure you buy it through Property Lawyer, forget all those property agents...

In Summary- DIVERSIFY.. The smart way to save and invest is diversification, spreading your money between different kinds of investments (called 'asset classes') and different kinds of investment product helps reduce the risk of your overall investments

0monnak0da:
If you know anything about investing you will not ask that . None is better.People have different investment objectives and horizons. What is good or better for a 25 year old might not be for a 45year old or 65 year old. A

Leaving that to one side there are hundreds of diffferent shares so "investing in shares" is not ONE choice to be considered a binary with "investing in mutual funds" that isjust like asking having tall or short friends which is better.
If you choose to invest in shares investing in pharmaceutical companiesisnot the same as investing in IT companies or investing in oil companies they are very different industries and cannot all e lumped together as a single investment decision . Even within industries companies are different in their performance. We just heard Lafarge declare a loss while Dangoteis doing fine.

Investing in Guinnes is very different from nvesting in Nestle. They are not just "investing in shares" . Choosing which share to invest in is a matter of expeerience and some luck.

Funds on the other hand are a basket of shares chosen by another "person" and managed for you. Funds may also invest in other things than shares e.g government bonds They charge a fee as well

Which is better going to the market to shop and cook or going to a restaurant?? It depends , there is a time for everything and different people have different needs at different times

chloride6:


Lol..

In my opinion mutual funds are of course the best options because it allows you leverage on the expertise of your asset managers.

The average asset manager has CFA qualification, an MBA, advanced technological tools and at least 5 years finance experience. Even so, they still get it wrong.

Please send me a PM if you have further enquires so I can setup a meet. A one on one discussion may be useful in clearing up obscurities.

I am a financial analyst in training at Nigeria's second largest Asset Management Business in case you are wondering.

MaziOmenuko:
Read up on crypto currencies. Take out time and study it very well. Decide if you can go into it or not. You can start by taking note of the price of 1 or 2 of them at cryptomarketcap and monitor their growth over time. (You can start with etherum, neo and ripples; those 3 have great potential).

No shares or mutual fund can give you a double digit profit, crypto does that on weekly basis.

goodmorning40:


pls what is the least amount somebody can invest in treasury bills

Mires:


Federal government stipulates #1k. However, it differs across banks given that some banks do not want to get involve with a client who is not willing or doesn't have a significant amount to put in it. The amount invested in it will also determines their commission in terms of custodian fee which is usually 0.001 of the capital.

In sum, it is not worth it if one doesn't purchase in millions.

goodmorning40:


thanks
what about forex? can one start it with 50 to 100k

plamonee:
Bros, please go and buy land, forget investment in instrument. Our economy is not matured enough to give you adequate returns. You can get lands in developing areas from 600k up. Within 2 or 3yrs it has doubled. While instrument is still battling with melt down, vaporization and various forms of economic earthquakes.

whitebeard:
so what about someone within the age 20-27 which do u recommend