₦airaland Forum

EquityM:
The stocks in his portfolio are not heavily weighted on oil and gas like CardinalStone; if there is a profit taking going on, I usually see red a lot in Cardinal, and it usually takes days to bounce back.

it wasn't a good year for oil and gas last year, however, the real trading will begin after the first quarter of this year. That's when we will know how stocks will perform.


2 years ago, the equity market started strong in January but didn't finish strong. But last year, it started weak and finished strong.


What is still going on right now is portfolio re-balancing till MPC holds meeting this month.

EquityM:
Summer is around the corner, and I am really happy with Zrosk; the guy is really smart, and he knows how the stock market works.

what's funny is the guy didn't originally plan on starting a fund manager firm when he returned from U.K to Nigeria oooo. He came to be a VC and private Equity investor.

Along the way, he said, he was just spotting opportunities and how undervalued most Nigeria stocks were, that why he and his partner set up Zrosk. What's funny is he studied chemistry and his partner studied Engineering but they are both killing it in the financial market.

He finally moved his family from U.K back to Nigeria last year to be fully based here.

EquityM:
Good advice, bro.

Na better person you be, na why.

Thumb up bro and how is the weather over there?

@ EquityM

Regarding this your quote

"I am really stumped on whether to go aggressively on the fixed income or my equity with Zrosk. The earnings from a fixed income fund sometimes match the equity."

Just balance both, half millions on Equity and half millions on fix income, don't go full throttle on one.


Reason from my strategic point of view is: The government (Bond) and companies (Equity) are competing for your money, this is why companies pay dividend (Equity Risk Premium) to lure away from BONDS investment or fixed income investment.

You too, be strategic to be positioned in both committing by halfing your resources into both. Say you have 10M, 5 million Equity, 5M fixed income fund.

Chikina.
O Tan Niyen.
O foor Ne.
Emechara.

EquityM:
Cheers, bro, for the advice. I'm not moving my funds up and down; however, I just think having 2 fund managers might be better in some circumstances. As you mentioned earlier, I will be sticking to one equity and one fixed income manager to grow my portfolio.

Thanks for not seeing the message as an attack. Some other persons will perceive it as an attack.

Good one bro.

EquityM:
After comparing DLM and CardinalStone fixed income, CardinalStone fixed income clearly outperforms DLM's. However, doing both is acceptable because it avoids putting all of your eggs in one basket.

Bro you actually making a decision based on the daily/weekly returns of both funds while forgetting that you chose them initially for their annualized returns for last year.

My suggestion is: why not stay put in one and massively invest into it to get good returns. Whether Equity or fixed income or weather difference fund manager of fixed income.

If you keep moving here and there, your followers who look up to you on this thread will also be moving here and there and falling for the trap of onboarding issues and what not.

The dark truth of the matter is many people who came here from the MMF thread consider you a "lab rat" for their own investment. They want you to keep doing the testing and give the feedback before they can decide to invest or not.

For how long are you going to continue to do that while loosing focus of growing your money in one place?


I'm only concerned because, I see through you, you are a good person and you have the right intentions and you have a set goal/target to meet in your investment journey but I just need to put this out here to let you know that you slightly getting distracted with this testing back and forth.


One love brother, please do not see this as an attack, if you perceive it as an attack, I will gladly delete it, I'm just telling you what I would tell my brother if he was you.

Jayce242:
Are u looking at it from a long term perspective? Saying naira won't fall against dollar means there will no longer be inflation. America has the best economy in the world reason the USD was adopted as the reserve currency. The dollar will always be ahead of the naira in terms of beating inflation. Our production output has not increased, export is still low & import is going higher, forget about the temporary gains. Long term naira will fall against dollar, same way dollar will fall against gold. Go check history. What was the value of naira to USD in the early 90s, 2000, that will give u the answer.

No one is really disputing anything here with you for you to have taken it this far down memory lane.

We only trying to celebrate our win for now. The last time Naira beat the dollar was about a decade ago.

It's a little win, we not blind to reality we just celebrating our little win which won't last long.

AncestralPowers:
Some Nigerians don't value their things... But I am happy things are beginning to change, thank God for social awareness and the upcoming generation who are trying to be more local than international.

I travelled round south south and south west of naija last October/November, I was more than impressed with what I saw... I was overwhelmed with joy seeing the way Nigerians are now going into production and making more use of our local resources, despite the challenges.

If government can give us more constant light and provide more security, naija is going to fly above the sky...

We are too hungry for success, no matter the situation..

God bless Nigeria.

Thanks for this your positive outlook about our dear country, wish more people will be optimistic about Nigeria like you.

That will go a long way to help Nigeria PR in the international community at least.

Salarys:
@Beeron.... Please Why is no one paying attention to ETFs on NGX?

I have personally not invested in it but I learnt that it's easy to get into but not easy to exit.

I hate it when I provide answers like this because I don't have first hand experience.

Allboiz:
Anyone still converting naira to dollar to invest because of devaluation doesn't know anything about investment and they are losing a lot of money.

Since the emergence of our president, all naira investments have been doing so well and great.

Anyone converting to dollar at this point is still operating on the old Knowledge that Naira will crash soon against the dollar.

I won't blame them, if you think about it, Not everyone has access to financial knowledge update like we share with ourselves on this forum and even on YouTube.

Most people stumble on financial news updates by accident, only few go actively looking for it, hence, the reason for the wide gap in knowledge.

Nigeria is a weird place to invest.

The citizens like to invest in Dollar mutual funds to hedge against the Naira devaluation essentially betting against their own currency.

Meanwhile foreign investors brings in Dollar, converts their dollars to Naira to invest in Naira mutual funds.

Weird

Nigeria is a weird place to invest.

The citizens like to invest in Dollar mutual funds to hedge against the Naira devaluation essentially betting against their own currency.

Meanwhile foreign investors brings in Dollar, converts their dollars to Naira to invest in Naira mutual funds.

Weird

Highest MMF for last month


https://www.youtube.com/watch?v=bmqagczTRyw

MMF rate for last month


https://www.youtube.com/watch?v=bmqagczTRyw

Still valid stocks for this week



https://www.youtube.com/watch?v=JxeOxNP7EUQ

candance:
Good morning house. I'm new here and I will like to move my money from stanbic to trustbanc. Which of them should I download. Thank you

Folks have been saying it's difficult to get onboarded via their app and much more easier when you invest via cowrywise.

Would you pick the Red pill or Blue pill?

Gratefulme:
I have a question though. When I subscribed to CD Equity, I noticed 12k was automatically deducted from my money before trading even started. Wasn't because of a red day. Is that the cost of buying Equity? Will this happen everytime I top up. Thinking about it now it took me a while to bounce back to the 1m because it wasn't even 1m to start with. My account had to recoup the lost 12k too.

This is normal, don't panic, You bought when NAV was up so they just alloted you the share you deserve and in the process you lost money, however as the market gains overtime, you will make up for it.

LoriHamo:
Equity my chief and na RED they use welcome me...

I funded yesterday morning

This is normal, don't panic, You bought when NAV was up so they just alloted you the share you deserve and in the process you lost money, however as the market gains overtime, you will make up for it.

The hardest part of commiting a crime is the brilliance of not leaving traces or footprint back to you after the crime has been committed,

Now in a case where a crime committed (like stealing or missing fund) is in itself an evidence of your crime, then you are being stupid before you commited the crime, because every one now knows your name is linked to some missing fund.

This is why most thief are foolish, their absence announces their guilt, a competent thief steals and dine with you, cover up tracks and even vows to litigate for libel and slander e.g politicians.

Smattrader:
Curious ;
Don't banks also cover corporate bonds?

Nope, only Treasury bills.

Smattrader:
Ok.
What prompted my question was the fact that most of the fixed funds I looked up, you'll see corporate bond ( inclusive) as part of their investment PORTFOLIO I e, CS.

You right. Very right.

Infact, Bond returns (both corporate bond and FG bond) is what Fixed income fund managers use to pay daily interest every day. My point aforementioned is regards the bump or spike you see in your interest in some days of the month.

Now that's where loaning to banks comes in.

Do you understand now? If you don't I can still try to explain in another format.

Smattrader:
The bolded is referring to corporate bond(s). Can you also talk about the state and Feb gov bond which some managers incorporate into their basket of fixed and its advantages over the corporates?

Regards.

Actually those are real phenomenal and not bond. Bond is apart of what fixed Income fund managers invest in generally but they also invest in short term money market like the bolded statement you quoted.

Google "Nigeria bank overnight rate" and then re-read my write up, it will make more sense to you.

Allboiz:
DanCem is up

We'll see tremendous gains tonight

La ilaha illa Allah

Update on the stocks market



https://www.youtube.com/watch?v=JxeOxNP7EUQ

EquityM:
Hmmm. I see why bonds are making tremendous gains.

This is a here we go moment.

CardinalStone is well positioned right now and might be the fund manager to do the highest percentage this year.

The lastest on stocks


https://www.youtube.com/watch?v=JxeOxNP7EUQ

Recommendation for the week


https://www.youtube.com/watch?v=JxeOxNP7EUQ

My Nigeria stocks recommendation for this week


https://www.youtube.com/watch?v=JxeOxNP7EUQ

My stock recommendation for this week



https://www.youtube.com/watch?v=JxeOxNP7EUQ

Creditalerts:
Lol I av done that already since 2004 🤣🤣🤣

I don loose guard.

I gree (hand up), you sharp pass me.

Preator:
Trustbanc just giving person joy shaa.

I've received quite a few request on equities(stock) investments from folks here. Apologies i cant chat with everyone. My advise will be for y'all to check Beeron's post especially the ones with videos.

Quick nuggets
1. Equity is a share in a particular company. You are becoming one of the owners.
2. When the company makes money, you do too. If they make loss, you lose funds too
3. Your loss is limited to the amount you invested.
4. There are two ways of making money with equities: capital appreciation and dividends.
5. You earn dividends from shares usually when the company makes profits. This is shared based on your number of shares. Sometimes paid monthly, quarterly, biannually, annually, or never.
6. Capital appreciation means the value of the company grows. If you buy and equity at 6 naira( e.g NCR) and it grows to 199 naira, you have made a profit of 193/share. Alternatively, you could buy at $26/ share and it falls to $12 {Gladstone corp. Lost money to that stock sha)
7. There are no guaranteed gains in equity investments. It is very risky. You can have a portfolio move from 5% gain today to a 10% loss tomorrow and swing back a day after.
8. You cant time when to buy stocks. Very difficult ( read efficient market hypothesis. My Uni project was on capital market then sha)
9. If you want to go into equities, buy different stocks from different industries and focus on those that pay dividends. Even when there is a loss in value, you will be chopping the dividends until they recover.
10. If you cant forget the money there for at least 5years, forgte about equities
11. Lastly, equities rarely lose out in the long term. Short term losses are possible but with a well structured portfolio, equity wins in the long run

Meka!!

This is the video



https://www.youtube.com/watch?v=g8COLNlys5U

Batman2412:
Our Common Enemy Na Poverty. You fit use this one for free if the original one no dey available again

🤣😊😄🤣🤣 funny though.