gamaliel9:
Can Nigerians buy US STOCKS from Nigeria?Possibly yes... I heard about Chaka and decided to check on them....registration was difficult....i could not input my password.. Then somebody mentioned Trove...but you have to register with your international passport....i also saw an advert of Bamboo Investment App...all these are fintechs that try to bring global stocks to Nigerian residents...From my research,THEY WORK WITH STOCK BROKERS IN THE US AND YOU CAN BUY ANY STOCK YOU WANT, NOT SELECTED STOCKS.

Again, my interest in US stocks is that the market is very developed and efficient... can you believe that there are stocks that pay MONTHLY DIVIDENDS? Even QUARTERLY DIVIDEND....those stocks are sure salaries....they pay up to 90%,80% of the profits because they are exempted from paying certain type of taxes,so they must pay the dividend...This is done mostly by companies in property management and REITs,utility[electricity companies],pipeline companies etc...

Is this not better than what we have here?
What are the demerits of investing in US stocks from Nigeria? Are there problems with that? What do you think?

gamaliel9:
PLEASE I NEED ANSWERS TO MY INITIAL QUESTION....What is advantage of investing in stocks in US WITH 4% dividend yield or more? or US ETFs?
Is it better to invest in Nigeria stock in stocks that has 8 or 9% diddend yields? The US dividend will come in dollars while the Nigerian one will be in naira....The US dividend will be monthly too not yearly as in Nigeria

Trapqueeen:
I have investments in both Chaka and Bamboo. I find chaka's fees more expensive and the interface not as simplified as bamboos'. Also bamboo reduces commissions from 1.5% to 1% when you become a gold member. Your investments are also insured by FDIC for up to $250,000. I have been investing since May and i can say i am very happy with Bamboo. I have added a snapshot of my portfolio (hidden amounts) but you can have an idea of what ~6 months roi looks like. The key is to buy the dips.

You also gain more as a value/growth/dividend investor than a trader due to the high commissions on these platforms (even as at bamboo's reduced 1%), traders need to find commission-free platforms like robinhood.

waze63:

Can u recommend any good Nigerian company one can buy stock and get profitable dividends no matter the period?

sharone21:
Hi,
Please, can someone register with national id card on BAMBOO app? Any advantage of Trove over Bamboo and does it work on any android phone?

sharone21:


Any USA stocks alert app/website for price alerts.

sharone21:


Which USA stocks are on Bamboo?

Jerry59:
Yes you can register with National ID. I think the only advantage is commission(1% while Bamboo is 1.5%) also trove has Nigerian stocks. It works on both android and iOS

Yahoo finance app

They all have a lot of stocks but not much penny stocks

sharone21:


Meristem....Accredited stockbroker and online too. Meristemngdotcom

sharone21:


Meristem....Accredited stockbroker and online too. Meristemngdotcom

gamaliel9:
These fintechs give you opportunity to have US stocks

1. Chaka
2. Bamboo
3. Trove
4. Rise

gamaliel9:
Can Nigerians buy US STOCKS from Nigeria?Possibly yes... I heard about Chaka and decided to check on them....registration was difficult....i could not input my password.. Then somebody mentioned Trove...but you have to register with your international passport....i also saw an advert of Bamboo Investment App...all these are fintechs that try to bring global stocks to Nigerian residents...From my research,THEY WORK WITH STOCK BROKERS IN THE US AND YOU CAN BUY ANY STOCK YOU WANT, NOT SELECTED STOCKS.

Again, my interest in US stocks is that the market is very developed and efficient... can you believe that there are stocks that pay MONTHLY DIVIDENDS? Even QUARTERLY DIVIDEND....those stocks are sure salaries....they pay up to 90%,80% of the profits because they are exempted from paying certain type of taxes,so they must pay the dividend...This is done mostly by companies in property management and REITs,utility[electricity companies],pipeline companies etc...

Is this not better than what we have here?
What are the demerits of investing in US stocks from Nigeria? Are there problems with that? What do you think?

ManIzHot:



great!! Do we have enough of this monthly payable stock on bamboo??

Moblux:
I want to know how how it works. When are dividends paid? If I want to sell my stocks any time, is it possible? Do I get paid in dollars or naira?

I just registered on Chaka. Are there better platforms than Chaka?

Moblux:
I want to know how how it works. When are dividends paid? If I want to sell my stocks any time, is it possible? Do I get paid in dollars or naira?

I just registered on Chaka. Are there better platforms than Chaka?

gamaliel9:
The last stock i bought on FRIDAY, they were doing promo, my fees were paid back sef...

IyaTola:
which stock?

uzoexcel:
What about stocks outside the US? Like Europe

Zeetareal:
Pls I need help to understand what I am doing on chaka. I bought stock but I need guidance. Pls who can help. Further more I can't even buy local stock because it is telling me "value not present dismiss "

Samken2:
Pls info me
WhatsApp
08025463022