₦airaland Forum

Hoping for some recovery this week. Last week and the early part of this week was very bloody

CSblackpink:
Yakubu dealt with me last week; my brain had to do a factory reset. 😂😂😂😂😂😂😂

Now updated. -0.73% return

Dramadiddy:
My portfolio looks like they recorded 0.00%

Any updates from Zedcrest for yesterday?

Based on current data, I will not go for CSOF over Zedcrest if I have 100m. However, there is no way of knowing what funds will do throughout the year. My reasons for choosing Zedcrest over CSOF are:
1. Shorter holding period (90 days vs 365days)
2. Lower fees (1.99% expense ratio vs 2% mgt fee + 20% incentive fee for returns above benchmark target)

Note that Zedcrest is less than a year old and no one can predict its future performance. I learnt of both about the same time and the differnce in YTD was about 2%. Now that difference is over 20% in favor of Zedcrest.

SerDuncan:
I have a question for the gurus here please.

If you have a hundred million naira to fully invest in Nigerian equities for the next 3 years, would you choose the Cardinalstone CSOF or Zedcrest or (please share any other options).?

Kindly share your thoughts please 🙏

Appears worse than March

Emzedz:
Omo yakubu no let person say much much oo. Its been downhill returns

Remember the " Yakubu" advice?
" you will feel it, but you will not die"
Stay invested, re-evaluate your portfolio, jump in with more funds strategically and ride the tide. You have not lost until you sell. next promises to be a much better week, all things being equal. Money will come in next week to buy the dips

Emzedz:
This has been a yakubu week oo..

anyother ways to invest ?

-1.54% for CS
-1.05% for Zedcrest

cyrilex202:
Yakubu loading.............................

They already did. We are waiting for today's update

Gratefulme:
Zedcrest hasn't updated for yesterday, right?

They already did

Gratefulme:
Zedcrest hasn't updated for yesterday, right?

Massive reds incoming today. I'm glad my withdrawals from GT will not participate.

Current share price is 1.10. How does this make any sense?

KarlTom:
UNIVINSURE RI

They updated some funds on Tuesday.
Intangible gain on the equity fund (not enough to move the % 'needle').
7.03% loss on the balanced fund (unbelievable from a balanced fund).

On Wednesday, the equity fund gained 0.93% and the balanced fund gained 1.23%.

From when I started daily tracking, I've noticed GT drop the ball many times.

Ensol:
GTB equity didn’t update on Tuesday, which was a strong green day. Yesterday was bearish. Today’s update combines Tuesday and Wednesday, so it ends up in the green. Since they don’t update within 24hrs, I no longer trust them. Expect tomorrow to be massive red from today market activities.

Zedcrest -0.05%

That was yesterday May 12th

CSblackpink:
CS did 1.77%

Down 0.62%

Dramadiddy:
I think zed did a little positive? I’m not sure again, lost track of my portfolio value. I’ll wait till 12am

KORU is a leveraged ETF. Win big or lose big

CSblackpink:
When the US market opens and KORU is doing its thing, FLXK usually makes more money at that time and the rest. I can't figure out the allocation thing. I am quite sure some "rich gangs" are into that Koru.

I'm in on the US version FLKR

CSblackpink:
FLXK opened at +6.64%. If things go well, it might do +12% today.

Zedcrest did 1.05% today

From my end, KORU is already making some after-market recovery

CSblackpink:
Wow, I will be buying the dip aggressively.

I don't think so. The dip today is mostly associated with AI-related stocks

Emzedz:
I hope e no go affect naija stocks

That's huuuge. Tomorrow will be a recovery day

Alaska90:
My own paper lost today is -$15,740.91 Market just closed now

By the time US markets close in 3 hours, I will be sitting on a paper loss of at least $6k.

CSblackpink:
Huge Yakubu has entered the foreign market. 🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

I bought more KORU today

CSblackpink:
Original Yakubu.

On Jan 2,it was 1.02 and 1.04 respectively

Preator:
Who knows zedcrest's bid and offer price on Jan 1?

Do you take profit when there's a good run?

CSblackpink:
Topping up aggressively. My AI already told me there will be a massive dip this week, as the price was climbing up rapidly.

Time to top up

CSblackpink:
Huge Yakubu has entered the foreign market. 🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

I was expecting more

CSblackpink:
1.83%

What's was the %

CSblackpink:
Haha, not bad; was expecting heavy lightning.

"Dollar-cost averaging is a strategy where you invest your money in equal portions, at regular intervals, regardless of which direction the market or a particular investment is going. In other words, your purchases occur regardless of the changes in price for the stock or other investment, potentially helping reduce the impact of volatility on the overall purchase. This can serve as a risk management trading strategy if you end up buying more when the price is relatively lower and buying less when the price is relatively higher."

https://www.fidelity.com/learning-center/trading-investing/dollar-cost-averaging

Ogborokiri:
Abeg this DCA what does it mean

I don't how they do it but they are showing they know how to play the market.

Iamblessed8888:
A sharp 2.07% from Zed

This is impressive. You will soon retire from 9-5.

CSblackpink:
Made $612.80 from Koru's cousin this week.

Already heavily invested in SMH. Started KORU, AMD, MU and DRAM this week. No direct exposure to NVDA. Happy with what I have seen so far.

CSblackpink:
If you live abroad, please look up KORU or its cousins; additionally, these are the best-performing ETFs and stocks right now.