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Nairaland Forum / Nairaland / General / Investment / Shares (stocks) Or Mutual Funds? (16168 Views)
Buying Gold In Form Of Jewelry Or Mutual Fund. / Shares (stocks) Or Mutual Funds / Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? (2) (3) (4)
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Re: Shares (stocks) Or Mutual Funds? by 0monnak0da: 1:45pm On Apr 22, 2018 |
nowpresence: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 |
Re: Shares (stocks) Or Mutual Funds? by maisauki: 1:48pm On Apr 22, 2018 |
Agric |
Re: Shares (stocks) Or Mutual Funds? by 0monnak0da: 1:50pm On Apr 22, 2018 |
AgamaProf: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 1 Like |
Re: Shares (stocks) Or Mutual Funds? by 1kingwriter: 1:55pm On Apr 22, 2018 |
So many ideas flying at the speed of a bullet here. I will go for STOCK any time and day. All you need is a good stock market analyzer. You know the time to invest and how to. Stock is the play ground of the rich. Now why stocks? It's suitable for long and short time. You can access your funds whenever you need it. Years ago I have a client who bought only First Bank shares as his savings for 30 years, today his holding is about 10 million units. As a retiree, his yearly income from dividend alone is in excess of N8 million. He is living like a king in his late 50s. A stock holding with a good mix is an invest beyond compare. Stocks in Nigeria may go down as elections are coming up. The swing must be noted. NB. Miss your stock holding with fundamental and technical analysis. 1 Like |
Re: Shares (stocks) Or Mutual Funds? by Nobody: 1:55pm On Apr 22, 2018 |
0monnak0da:The data's will be online.Am busy now...may be later I will have to check them out. |
Re: Shares (stocks) Or Mutual Funds? by Buffalowings3(m): 1:55pm On Apr 22, 2018 |
Which mutual funds outside the country do you know, bros 0monnak0da: |
Re: Shares (stocks) Or Mutual Funds? by 0monnak0da: 2:00pm On Apr 22, 2018 |
Buffalowings3: You can easily search them I am not a reference point or financial expert so why is what i know personally so important to you. |
Re: Shares (stocks) Or Mutual Funds? by Tabbaz(m): 2:00pm On Apr 22, 2018 |
aaronson: @bolded has happened to many crypto traders/investors. Lan Balina comes to mind |
Re: Shares (stocks) Or Mutual Funds? by Dezzx(m): 2:01pm On Apr 22, 2018 |
Nairaruky:Bros, where can one acquire T bills in Nigeria? |
Re: Shares (stocks) Or Mutual Funds? by Buffalowings3(m): 2:04pm On Apr 22, 2018 |
Nairaruky: Bros, seems like you want me to open dom o Na to dey pray make naija currency no appreciate be that o |
Re: Shares (stocks) Or Mutual Funds? by Victorakats(m): 2:04pm On Apr 22, 2018 |
If you have substantial funds, you may consider manufacturing or agricultural businesses. Else, I will always recommend forex go stocks and bills. If you need professional advice and practical suggestions, then you may reach me on 0-9-0-9-3-3-5-2-0-0-3(whatsapp) |
Re: Shares (stocks) Or Mutual Funds? by Nobody: 2:06pm On Apr 22, 2018 |
Tabbaz:Bros am a victim, Make I no lie lol. But little money though. |
Re: Shares (stocks) Or Mutual Funds? by kulex2k1(m): 2:38pm On Apr 22, 2018 |
Go for Treasuey Bills.... 1 Like |
Re: Shares (stocks) Or Mutual Funds? by MaziOmenuko: 2:40pm On Apr 22, 2018 |
erico2k2: Happened to some alt coins amongst thousand coins out there. That's why I specifically mentioned those 3 I did. I have studied them enough to know that their market cap and trade vol makes them great prospects. |
Re: Shares (stocks) Or Mutual Funds? by goodmorning40: 2:42pm On Apr 22, 2018 |
Mires: pls what is the least amount somebody can invest in treasury bills |
Re: Shares (stocks) Or Mutual Funds? by Tabbaz(m): 2:43pm On Apr 22, 2018 |
edited |
Re: Shares (stocks) Or Mutual Funds? by Tabbaz(m): 2:45pm On Apr 22, 2018 |
aaronson: sure..crypto remains a high-risk investment. One should not invest what he can't afford to lose in it |
Re: Shares (stocks) Or Mutual Funds? by dotcomnamename: 2:45pm On Apr 22, 2018 |
erico2k2: 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 1 Like |
Re: Shares (stocks) Or Mutual Funds? by dotcomnamename: 2:49pm On Apr 22, 2018 |
galantjoe: ONE OF THE BEST ADVICES SO FAR ON THIS THREAD 2 Likes |
Re: Shares (stocks) Or Mutual Funds? by dotcomnamename: 2:50pm On Apr 22, 2018 |
aaronson: ONE OF THE BEST ADVICES SO FAR ON THIS THREAD 1 Like 1 Share |
Re: Shares (stocks) Or Mutual Funds? by dotcomnamename: 3:13pm On Apr 22, 2018 |
y4code: I will tell you what i did, only if you will listen. (1) I invested millions same figure in both Treasury Bills and Mutual Funds and i can confirm that i've never regretted investing on them. Your money is very SAFE. All you need is to visit your bank and tell them you want to invest in Treasury bills. They will definitely want to convince you to leave your money in your bank account or fix it, but insist that its your money and that is what you want to do with your money. Secondly, visit any StanbicIBTC Bank and tell them that you want to invest in Money Market Funds, they will tell you their requirements and open the account for you. You will be able to log in to your account at anytime and see how your money is growing. It is very very simple an enjoyable. As a matter of fact i don't live in Nigeria and i did both Treasury Bills and Mutual funds from here online. Its so sweet! PLEASE NOTE: The last one below depend on your risk appetite: (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 6 Likes |
Re: Shares (stocks) Or Mutual Funds? by whitebeard(m): 3:15pm On Apr 22, 2018 |
0monnak0da:so what about someone within the age 20-27 which do u recommend |
Re: Shares (stocks) Or Mutual Funds? by whitebeard(m): 3:17pm On Apr 22, 2018 |
chloride6:nice..that's very cool, but why should we meet one on one..whattsapp is there na..! |
Re: Shares (stocks) Or Mutual Funds? by Gaspardd(m): 3:19pm On Apr 22, 2018 |
MaziOmenuko: Good thinking, Tho i do really advise pple to stay away from crypto, but i beleive crypto can really make ur life infintely easier for sn that understands it, it really grates me so hard wenevr i see 18% gain per annum..like wtf stone-age shiit is this? On d flip side all d coins u stated re legit, but i trade with reddcoin, and sometimes dogecoins too, cus they rr volitile, but mildly not like trx or xvg. Ada is gud for longterm too. |
Re: Shares (stocks) Or Mutual Funds? by chukzyfcbb: 3:22pm On Apr 22, 2018 |
As a novice, Invest in mutual funds use the profit to invest in stocks...But first do your research to find coys that are stable in the last few years. Meanwhile I hear MTN will be launching their IPO this June/July. I will say watch out for that it promises to be fruitful. 1 Like |
Re: Shares (stocks) Or Mutual Funds? by Mires: 3:31pm On Apr 22, 2018 |
goodmorning40: 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. |
Re: Shares (stocks) Or Mutual Funds? by goodmorning40: 3:34pm On Apr 22, 2018 |
Mires: thanks what about forex? can one start it with 50 to 100k |
Re: Shares (stocks) Or Mutual Funds? by Mires: 3:52pm On Apr 22, 2018 |
goodmorning40: I think so. I have a couple of friends who are into forex. I haven't taken a keen interest in it. |
Re: Shares (stocks) Or Mutual Funds? by onyokometer: 3:54pm On Apr 22, 2018 |
Bros abeg use your cash and buy land,sale after two years. Shares or mutual fund na nonsense. The ones I bought ten years ago deprecated and is still depreciating. I regret,had it been I bought land with those money. Ibtc mutual fund,zenith mutual fund etc na nonsense. ......no gain at all. 1 Like |
Re: Shares (stocks) Or Mutual Funds? by engrhorla(m): 3:56pm On Apr 22, 2018 |
plamonee: You are fantastically correct. Though, shares, stocks and treasury bills are good forms of investment. But if you want a zero risk plus high RoI on your money, go for lands. To reduce the risk, go for lands sold by registered real estate development firms such as Adron Homes..chat me for more info |
Re: Shares (stocks) Or Mutual Funds? by 0monnak0da: 4:42pm On Apr 22, 2018 |
whitebeard:Any advice you get for free is not to be trusted either you pay with money, time or tears |
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