₦airaland Forum

AncestralPowers:
Lol... Poverty is our main enemy ohh, I personally fear poverty pass death. That's why I started working extremely hard at a very tender age, to gain financial independence on time..

Nice one Chief.

Your story is real motivation.

As long as one keeps investing in whatever grows their capital and still has time to do offline jobs. No poverty will ever reach that person.

Unless two things happen which people usually pray against but as I am atheist, I just accept them and seek the odds and probabilities of it happening and try to mitigate risk.

Now they are:
1- chronic sickness
2- Total financial collapse of the country.


To mitigate one, Intermittent fasting.

To mitigate Two, Cr ypt0 curency, swiss franc, precious metals like gold and other foreign currency more stable than the Dollar.


So, if you see it from that perspective, you will realize, investing is just the beginning and there is a lot to do. That's why I usually encourage use to fight the common enemy.

EquityM:
Alright, bro. I just think the fixed income fund is somehow complicated. From my perspective, it does match the returns of equity funds if the equity funds do not perform as elegantly as they should.

Chief you need to realize that Equity fund gain is something not usually guaranteed in Nigeria in the long run because Nigeria stock market is primarily dominated with retail investors, NOT institutional investors.

According to Samson, when he was starting Zrosk, and filling out paperwork, he stumbled on one documents that holds records of CSCS number of active Nigerians in stocks market space and guess what? The number of active CSCS number was less than what he expected. Meaning very few people trade stocks in Nigeria and Nigeria stocks is still an emerging market.


However, the capital market in Nigeria is dominated with big numbers, you will always hear billions and billions in banks revenue, profit pre tax etc.


In a nutshell, Fixed income gains on days Equity has sloppy performance doesn't correlate to anything. But just bare in mind that Nigeria capital market has more money than the stock market that's why fixed income gains on peak days is unbelievable.

And for Nigeria banks, CASH is king because of how CBN regulate their activities strictly with tools like CRR, Standing facility corridor, OMO etc.

I just hope you understand all these I have written because if you do, you will have an idea why fixed income behaves the way it behaves and lastly let me shock you.

Last year 2025 was only the first time Nigeria stock market was bullish up to 51% in the last 2 decades.

Can you imagine that?
Two decade

So, imagine how the capital market has since grown in size and volume of the Nigeria economy.

Matter plenty abeg, some times I just dey too busy to type plenty.

brightk:
Please I would like to know more about this mutual funds. I am new to this thread

while you are new seeking knowledge about MMF, I see you are being courted so to be registered with mentors referral code.

My advice to you is, after registration to (supposedly Stanbic or Norrenberger), do not stick with that one MMF, split your money to different MMF paying higher yield.

My advice is 60% of your fund in Stanbic and 40% sent to cowrywise app to invest in Trustbanc MMF.

If Trustbanc stops being the highest in cowrywise, you can easily switch to the new highest paying mmf right in the cowrywise app.

Creditalerts:
the goal is everyone should make money without tears and smile to the bank always,poverty is our common enemy🤑🤑🤑

so na so life be?

You don steal my trade mark (poverty is our common enemy)

AncestralPowers:
Well said, I want to invest about 100m with either Trustbanc or Norrenberger, please I want you to advise me on how to go about it..

We only know how to make money the old ways and not into fintech.

We are friends now, so don't take it personal, as I am also learning from your write-ups.

and please tell him, he has to pay for using my trade mark (poverty is our common enemy)

EquityM:
Got your point, bro; however some fixed income funds are not like the fixed bank deposit. Most invest in government bonds and corporate bonds, which yield high or low depending on the duration. CardinalStone just launched a 501B bond with the Nigerian government, and since then their fixed income funds have been doing better, like DLM. It's too hard to tell now, and I am wondering why the returns sometimes beat my equity fund returns.

I wasn't talking bank fixed deposits at all.

I did mentioned bond as well, you also mentioned bond.

So right now, I'm struggling to figure out the difference between what I have explained and what you explained.

cyrilex202:
Between fixed income and mmf which has a better daily interest return?

You know what is funny?

They call it fixed income but the income is not fixed at all.

Now depending on the asset management firm you investing with; Today you might get 0.03 percent of your capital, tomorrow you might get up to 3 percent.

It's hard to pick between MMF and fix income but let me explain their similarities and differences.

Both MMF and fixed income invest in the same short term money market except for one thing BOND, yep fixed income invest in old bond but MMF don't but some do like SFS MMF.

So while MMF gains come when interest rate is elevated, Fixed income real gains comes mostly in periods in a month when some Nigeria bank and cash strapped and looking for money, they get desperate and pay huge interest to you holding fixed Income so they can use your fund, after banking operations return to normal, you will begin to earn your peanuts.


So I will advise you do both MMF and fixed income.

I will make a video about this and post it on my YouTube channel.

Arizona86:
I have a question. I've been trying to build my portfolio gradually and so far I have above 15m across different platform, specifically ARM and Stanbic equity fund. Somebody wants to sell a plot of land for 12m and I'm considering buying it. The implication is that I will have to liquidate parts of my investment for this and I may not be able to continue building my portfolio because my income that would've ordinarily go into my portfolio will now be used to develop the land. I'm also considering the madness going on with housing in Nigeria where a 2 bedroom flat is nothing less than 1.5m/yr in a moderate area and in years to come it will still go up. Guys pls what would advise? Should I continue to build my portfolio as I treat it as a side business for me or I should put all my investment in buying and developing the land?

First of, how old are you?

If you in your 20s to late 30s, pass up on the offer now and continue to aggressively build your portfolio till you 45 or alternatively, if this deal is a sweet deal you can hardly come by again, then withdraw your investment, use it to buy the land and go take a loan proportional to the worth of the land using the same land as collateral, then use the loan to rebuild your portfolio and keep the land secured. When you turn 45, you would have amass enough to begin building as you pay off loan from your regular job income now plus gains from your portfolio investment. By then your land would have also increased in resale value.


Option 2 - If you are 45 and above already, just go on with your plans, liquidate your portfolio, get the land and begin your building project. (I don't know if you currently live in your own house or renting) but anyway, Build a kind of house such that you will be living upstairs and rent out downstairs and if possible, Boysquarter by the side.

While you are building, I would have recommended you take a loan to re-build your portfolio and use the land as collateral but naaah, it's a bad idea because you won't be able to service the loan since you have building project taking resources from you.

EquityM:
Keep the equity and ARM. Use the other funds to buy the land by splitting the funds. You can now develop the house using your own income while waiting for ARM and the equity fund to bring huge gains. Try and buy the land immediately, and start building gradually from the gains and other channels you have. Don't neglect your portfolio totally because you still need money for other things even though you have a house. Lastly, buy the land, fence it, get all the right papers, and then plan on how to build it.

Nice advice you rendered Chief.

Preator:
Crypto is for professionals sha. I am still an amateur investor

lol you whey be Chief investor.

You should really be thinking of starting your own asset management firm to help other investors manage money lol.

Honestly, Kryp to isn't what I would recommend to anyone even professional quant traders at wall Street fail at it and lose money so it's not something worth trying especially if you want to preserve wealth.

Edipet:
you go show me how to get followers on YouTube and set up my YouTube?

That's not the point and I was trying to help with your original question.

To get followers on your YouTube channel, look for people who discuss that on YouTube

If not for corruption in the Nigeria system, Nigeria should always come number 1 in every ranking in Africa because we have the population and diversity to drive the economy but sadly, we are still struggling to get to a trillion Naira economy.

Click below my signature or visit my page to check my YouTube channel, I have a video where I talked about making money with Whatsapp.

It will be of help to you.

Creditalerts:
🤣🤣🤣🤣 see as you study me finish like book .God bless you 🤣🤣🤣😫😫 exactly money hard to get o so I dey very careful my brother 😁

so If I invite you to trade crypto with your MMF money, you fit slice my head commot with Cutlass 🤣🤣🤣🤣

Creditalerts:
I hear thank you

you too much bros.

Respect to you.

Creditalerts:
no don't sheath your sword bring it on come out o I'm the cause of the poverty,high unemployment rate and insecurity in Nigeria. Yeye dey smell 🤣🤣🙄😫

bros, you sef.

E don do.

Hah, hah you go like fight for real life ooooo

E don do bros.

AncestralPowers:
Well said @Beeron, you are highly respected here...

Creditalert is a cool guy, his activeness here is also useful as well, I just wanted to crack him a bit.. I sheathe my sword 🗡️

Poverty is indeed the real enemy.

I be old skool here oh, I also changed my moniker...

Nice one bros, you too much.

My respect to you.

I deduced Creditalert kind of person, he is the kind of person who never EVER want to lose money but loves high MMF yield - lol- he gets very scared at the mention of any other type investment if it isn't MMF, one time I had to even call him a fear monger because of how kept instilling fear in the mind of people who want to try Equity mutual fund.

I love people like him, they don't joke or mess around with money and never put their money where they don't understand. But they always want high MMF rates lol.

If you understand him from that angle, you will understand he is just a conservative investor and just expressing that with his jokes here.


Thanks for your understanding sir.
More money to your already fat bank account.

*Takes a bow*

AncestralPowers:
They are not completely out of teaching the house about finance, they just want to give these newbies some time to flex their new found financial talents.... Let Creditalerts teach us for a while, he knows everything about the industry.

while you seemingly see some people as newbie and you the experienced one who just observes from the back seat.

It doesn't make both the newbies and the self proclaimed experts special if when the macro economy crashes tomorrow and everyone loses money in the process because no one will be immune to financial collapse except you invest in a foreign land with foreign currency.

My point is: instead of classism type segregation talk or expert vs newbie type conversation.

Let us continue to help each other, teach each other, the only enemy we are all fighting against is poverty. And every one goal here is a life of financial freedom.

I have been on Nairaland since 2011 and started contributing on this thread since 2017 when I began MMF but you wouldn't know because this is my third moniker/account.

Let's fight the common enemy known as poverty.

webizone:
Please guys, I need your help.
I have been watching the crypto markets for long now while I have traded other things, and I am feeling very confident about trading it now.

But, I have a problem.
Choosing a broker or the exchange to trade it is giving me a headache.

I want a platform that I can fund either cash or crypto, then go to a chart and trade btc usd or eth usd.

But when I google and look for exchanges, I see platforms that look like they only have something like btcngn and it's just a direct swap (like buying dollar from aboki, not riding candles to profit from price changes).

So, I am confused. How do I get in? Plus, simplicity of the platform will also be appreciated.

some people have other options but I use Binance and Bybit.

Shalom428:
At the bolded , I guess you meant Money Market

made a slight mistake in the wording but it still the same semantic, Capital market or Money market because eventually, money in the capital market run deals in the short term money market except for long term bond deals.

Eventhough the stock market wasn't so winning last week, here are Top 10 stocks that really gained. (Link below)

One of the reason stocks didn't perform well last week was because most Investors moved funds into the capital market as the capital market did well last week, especially if you do fixed income and MMF.

The reason is simple, banks wanted to balance their books for the month end so they needed liquidity, people in the capital market provided it even Stanbic mmf that used to be around 15% jumped to 16%.


https://youtube.com/shorts/qdc6a0EoNz8?feature=share

Eventhough the stock market wasn't so winning last week, here are Top 10 stocks that really gained. (Link below)

One of the reason stocks didn't perform well last week was because most Investors moved funds into the capital market as the capital market did well last week, especially if you do fixed income and MMF.

The reason is simple, banks wanted to balance their books for the month end so they needed liquidity, people in the capital market provided it even Stanbic mmf that used to be around 15% jumped to 16%.


https://youtube.com/shorts/qdc6a0EoNz8?feature=share

Eventhough the stock market wasn't so winning last week, here are Top 10 stocks that really gained. (Link below)

One of the reason stocks didn't perform well last week was because most Investors moved funds into the capital market as the capital market did well last week, especially if you do fixed income and MMF.

The reason is simple, banks wanted to balance their books for the month end so they needed liquidity, people in the capital market provided it even Stanbic mmf that used to be around 15% jumped to 16%.


https://youtube.com/shorts/qdc6a0EoNz8?feature=share

Eventhough the stock market wasn't so winning last week, here are Top 10 stocks that really gained. (Link below)

One of the reason stocks didn't perform well last week was because most Investors moved funds into the capital market as the capital market did well last week, especially if you do fixed income and MMF.

The reason is simple, banks wanted to balance their books for the month end so they needed liquidity, people in the capital market provided it even Stanbic mmf that used to be around 15% jumped to 16%.


https://youtube.com/shorts/qdc6a0EoNz8?feature=share

Eventhough the stock market wasn't so winning last week, here are Top 10 stocks that really gained. (Link below)

One of the reason stocks didn't perform well last week was because most Investors moved funds into the capital market as the capital market did well last week, especially if you do fixed income and MMF.

The reason is simple, banks wanted to balance their books for the month end so they needed liquidity, people in the capital market provided it even Stanbic mmf that used to be around 15% jumped to 16%.


https://youtube.com/shorts/qdc6a0EoNz8?feature=share

Jayce242:
Well said
I was also considering balanced fund, but exactly everything u said here came to my mind. It is better to go with one & maximize the benefits.

The trick is to amass gains from Equity and fixed income and then send the gains to MMF to preserve it and compound it while you wait for the equity market to really take a dip.

Seize the opportunity to withdraw all those gains locked up in MMF to buy the dip and make even better gains as the equity market recovers.

That's the strategy Billionaires use, that's why you hear most billionaires chunk of wealth is in stocks.

geoeast:
Please anyone who has done or has experience with stanbic balanced fund should shere with me. I want to go into it. Is the interest rate better than money market fund and can I withdraw easily

Disregard balanced fund, it's a waste of time.

Either do straight up Equity mutual funds or compound money with MMF or just do fixed income.


Balance fund is a mixed of fixed income and Equity, it's a waste of time because, In Fixed income, while you get steady returns (eventhough small) and can top up to get more, your capital remains intact and preserved while you enjoy the daily returns but if it were to be balanced fund, that regular dip would make you lose that potential fixed income returns for that day you see red.

So do straight up Equity to enjoy purely days of Green and accept fate on days of red and do straight up fixed income for constant little returns eventhough I advice to invest big money to see tangible returns.

Ditch balanced fund, it only favors fund managers more than you.

EquityM:
No worries, bro. Crypto is kind of complicated for me. A British friend of mine is making a lot of money from it.

Please don't near crypto. I would never recommend it to anyone even if the person has money to play around with.

Crypto taught me bitter lessons before i finally mastered it.

I'm sure your British friend also has bad days trading too, so it isn't easy money, it's the riskies type investment, even twice risky than betting because you are essentially competing with other traders in the world.

A professional Quant at wall Street will also loss big time in crypto regardless of his years of experience.

EquityM:
Half M. DLM also uses NAV like Cardinal.

DLM is really good well.
I will try to look into them and see what they really invest in.

EquityM:
I topped up my account; always check the daily income—that is the real gain. DLM is doing well; I saw a gain of 5k+ on it yesterday. The DLM has a lot of personal info; it's unwise to share it here.

DLM fixed income?

How much was invested?