₦airaland Forum

Watch Top Nigeria (NGX) Stocks that gained this week (December 26)


https://youtube.com/shorts/MjYm2_idSmc?feature=share

My only question is who goes around counting or how did they collect sample size for the study or is it by head count?

Watch Top Nigeria (NGX) Stocks that gained this week (December 26)


https://youtube.com/shorts/MjYm2_idSmc?feature=share

Watch Top Nigeria (NGX) Stocks that gained this week (December 26)


https://youtube.com/shorts/MjYm2_idSmc?feature=share

bluntjudge:
do you have anyone you can recommend for me?

Contact Samson for complex money issues like this. He is known as the money Oracle. His investment firm (Zrosk) did the best percentage increase this year. Do your background check about him on YouTube or online.

bluntjudge:
what i am really interested in is how to arrange this in a way everyone has access to and can monitor the account

I would advice you seek the help of an Investment banker. This is part of their job description.

But In whatever decision you reach with your guys.

Please and please, Get a probate general involved.

E get why.

bluntjudge:
my two friends and i are planning to be saving certain of amount of money monthly into mutual funds for a long time. We want a structure similar to a joint account, where all three of us have access to the account and no one can withdraw funds without the others being aware. We would also like each person to set up an automatic monthly direct debit from their personal bank account into the investment account.

Please, is there any platform that currently offers this kind of setup, or what would anyone recommend as the best way to go about it?

At some point, there might arise an issue so pressing that one person will need the investment liquidated or some unforseen circumstances may arise.

Did you guys seek the counsel of a probate general lawyer in the case that one of you dies, who inherits the portion of the deceased or continues with the investment?

What is the end goal of this contribution and the sharing formula after all the accrued unaccounted compound interest?

This type of contribution only works best if all parties involved contribute within a specific period of time, pool money together to buy an expensive landed property in a highbrow area where property resale value doubles or triple in resale value.

When the time is right after the land has appreciated, Sell the landed property and everyone get their cut of the money.

Then each of you can decide how best to invest personal profit.

This is only my take and my opinion, NOT an advice.

yusfatedeeprof:
It’s been a great year for equity funds generally though, unlike last year. If you jumped in back in January, you’d likely be up about 50% or more right now.

Also, for equity fund it's not advisable to try timing the market, time in the market is what builds wealth. Unless a total market collapse is certain, moving in and out of funds usually does more harm than good. Equity funds are a long-term play, when the market dips, don't sell. Buy more. That’s how real gains are made. So it's best to put capital you can leave for 5 - 10 years.

I get your point, what you basically trying to explain is Dollar/Naira Cost Averaging.

It's another strategy. However, the sad news is Nigeria market isn't like the U.S market.

You can decide to hold a growth or penny stock that has lost value over the years and doing the "cost averaging strategy", and when you think you have made profit. You won't be able to sell the stock.

why?

Because no market volume for that stock, you only see your gains but you can't sell.

This is the same reason most Nigeria stocks are still undervalued below their true value especially when you check the company balance sheet and growth potential for the future.



Edited

I need to clarify that, that lack of volume should change when institutional investors comes to play in the Nigeria Equity space. But for now retail investors are the once who trade most of Nigeria stocks.

EquityM:
Losing all of your money in an "equity fund" is subject to market conditions and the efficiency of the fund managers. However, I've noticed that if you have a large amount, your gains will almost certainly outweigh your losses over time.

And by the way, if you interested in picking individual stocks.

Subscribe to my YouTube, I post recommended stocks every week. I only share the video on the stock thread not here, but go to my YouTube channel to see the one for this week.

My pick for this week is Stanbic and Nigeria breweries, go find out why I picked them.

EquityM:
Losing all of your money in an "equity fund" is subject to market conditions and the efficiency of the fund managers. However, I've noticed that if you have a large amount, your gains will almost certainly outweigh your losses over time.

lol wait till the bad days when the street turns red. It will be a blood bath.

Anyways, next year will be the year of equities once CGT is settled and MPR is cut.

You will really smile next year.

Jayce242:
What is difference between balanced fund & mmf risk wise? I heard investors always find it hard to liquidate their Nigeria ETF, I don't think such investment is advisable.

Balanced fund is MMF + Equity, some fund manager add bond. As per risk, When equity is bleeding red, it could affect your gains from MMF and possibly reducing your total fund value.

So MMF is more safer because, your capital never gets affected on a bad day or good days.

MMF is you trading the country economy.

Equity is you trading the country's companies.

ETF is you trading only selected few companies with good balance sheets all in one basket.

Balanced fund is you trading anything and everything tradable in the country.

Donbrig:
I once invested in equity and I lost everything in few weeks, and swore never again... I felt so bad and was inspired to write a book on "The Iniquities Of Equity"


If your body nor full, abeg nor put body Ohh.

I will not advise anyone to try it as a newbie but if anyone dares takes that risk at it, I pay utmost respect to them because they are the real investor.

As a newbie, never go all in only on equity, Do a balanced fund instead or do ETF, probably Stanbic ETF 30.

EquityM:
Yes, I'm always monitoring the NGX daily; however, since the market transitioned to a T+2 (Trade Date + 2 days) settlement cycle for equities, my returns have been bullish. Nevertheless, once drama erupts, I gonna cash out and move back to MMF.

That T+2 policy was implemented last week. That single policy made the market more liquid so people decided to invest even their Christmas money that's why the market got bullish.

Enjoy your wins now and be smart to flee when ASI drops beyond recognizable pattern.

EquityM:
I got tired of MMF and switched a portion of my fund to the Cardinalstone equity fund last week, where I've made far more than my MMF would have in a month or more.

Eventhough you took risk. People like you are the real investors.

Salute to you sir. I doff my hat for you.


Keep in mind, you holding a risky investment, so keep an eye on the ASI everyday like how you monitor MMF returns everyday. The moment it falls below the usual dip, sell off your equity quickly before you come online to ask any question.

When you sure that ASI is recovering, go in and buy more equity again.

Preator:
With mmf, there will need to be a major disaster or act of God to lose your capital. Carries almost the same risk as Govt security

Bassdow was actually correct.

It isn't hard to lose your investment in mutual fund oooo. It's safe doesn't mean, no risk.

Ghana almost lost theirs just in 2022. Investors who invested in Fixed deposits, Mutual funds, Tbills faced delays getting out their cash.

Why?

Ghana had defaulted on Euro bond and for the internal government bond, they didn't only stop paying coupon, they repriced the bond, slashed the returns and made the duration longer. Their pension fund returns was slashed too. Even some Nigeria investors who invested in Ghana lost massively.

I'm talking just 2022 here.


IMF had to quickly step in to rescue Ghana in 2023.


It will surprise you to know that, Nigerian was on that path with Emefiele's CBN unothodox policies, and all those Liquidity Emefiele let out into the economy is what Cardoso is trying to mop up from circulation.

My point is, it only takes one default for the chain reaction of financial collapse to begin.

Just snap out of that mindset that it can't easily happen in Nigeria. This time last year, Nigeria economy was actually overheating.

Why were you getting high yield this time last year, it was because Government was borrowing excessively, so much that if they stopped, a collapse might happen.

Thank goodness for Cardoso's strategy to rebase both CPI and GDP. That was the major turn around.

It didn't mean Nigeria economy got better, it actually means, we just created an illusion that inflation has slowed down meanwhile, if FPI (hot money) dares leave the system, our Naira will crash the next day.

CaptainFM1:
How about his own happiness? How would he feel if his wife does the same thing? It's better to end the pain once and for all. Thank God both fathers have other children.

Remember, he has lived with the guilt for years which has been eating him up. Now what will he gain if he infect such trauma to another man in his old age.

If he wasn't brave enough to spill it when he was younger and when baba heart was healthy, why share it now when Baba's heart is fragile?

At some point in life, we all come to a sudden realization of the fakeness and an unreal part of life meaning we have been living a lie. We don't beat ourselves up too much, why? because ignorance is bliss.

Live with the burden, learn from the mistakes from your mother's perspective especially when dealing with women and finally, let the man who raised you continue to be your dejure father and take the secret to your grave and let the man be happy in his ignorance rather than spill what could potentially cut his life short.

AlphaTaikun:
That's highly impressive.

Thank you sir.

Kindly Subscribe to my YouTube channel for my next week stocks recommendation video.

Donbrig:
@Beeron, thanks for all your contributions.. Its like cowrywise is acting like a middle man to these multiple fund managers, like a shopping mall where you go select goods of your choice?

TrustBank and Norrenberger fund managers are exceptionally good at the moment, we hope they keep the firing burning for a long time...

It does't make any economic sense staying with a particular brand/fund manager when it no longer serves your financial goals.

Yes sir, Cowrywise is the middleman to access the difference MMFs available at different rates.

And like you rightly said, it's doesn't make economic sense sticking with a brand when it no longer serves your financial goals.

As the year slowly wind down and the newly enforced Tax policy takes effect in January.

I felt the need to do a video explaining 6 types of narration to use when intending to send money or someone intending to send you money or even moving money around into different accounts for investment.

These narrations/remarks are necessary so when you get caught up in Tax issues, upon which your bank account gets audited by the Tax officials, you won't get over taxed due to the fact that your past transactions were labeled.

Don't forget to subscribe after watching the video.


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

As the year slowly wind down and the newly enforced Tax policy takes effect in January.

I felt the need to do a video explaining 6 types of narration to use when intending to send money or someone intending to send you money or even moving money around into different accounts for investment.

These narrations/remarks are necessary so when you get caught up in Tax issues, upon which your bank account gets audited by the Tax officials, you won't get over taxed due to the fact that your past transactions were labeled.

Don't forget to subscribe after watching the video.


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

As the year slowly wind down and the newly enforced Tax policy takes effect in January.

I felt the need to do a video explaining 6 types of narration to use when intending to send money or someone intending to send you money or even moving money around into different mutual fund investment or other types of investment.

These narrations/remarks are necessary so when you get caught up in Tax issues, upon which your bank account gets audited by the Tax officials, you won't get over taxed due to the fact that your past transactions were labeled.

Don't forget to subscribe after watching the video.



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

doggedfighter:
Could you please the cowriewise idea better.

You mean it has different MMFs on one platform ?

Exactly, Just invest in one high paying yield MMF this month on cowrywise and if by next month, that MMF yield drops, pull out your money and invest in another high paying mmf in the same cowrywise.

You don't need signing up for multiple MMF outside of cowrywise and all aggregated MMF on cowrywise are all SEC Approved.

And cowrywise doesn't have 30-days money hold policy before withdrawal, this is why it will be smart to trade MMF like stock on cowrywise, shop for the best deal.

Donbrig:
Stanbic rate is very very discouraging at the moment, my concern is not just the 15.73% at the moment, but how low Stanbic rate would be if CBN should decide to reduce rate in February 2026, Stanbic might go single digit rate....

Other fund managers are hitting 17 to 18+%

Stanbic fund managers nor try at all.... They aren't wishing us a good happy Christmas with these rates..

Its like Stanbic now invest our funds in ordinary bank deposits

what you will do is simple.


You are in the market to make money. Don't leave money on the table because of loyalty.

You need to shop around, that's why it's called money market funds, shop around for the best price rates. Do NOT stay loyal to a name Stanbic, it's just a brand name.

Let's assume you have 10 million with Stanbic, pull out 3 million and shop around with high paying MMF on cowrywise, cowrywise makes that easy to do.

Shop around as you like on cowrywise, you wouldn't have to be opening different MMF accounts all over the place.

Preator:
Now stanbic rate is now looking ludicrous. 15.73%?

This is what is going on with Stanbic.

Stanbic is a victim of it's own success.

Stanbic’s MMF assets are huge, it's the largest in Nigeria. Now Larger funds sometimes need to hold more cash or safer short-term assets to manage redemptions (clients pulling money out). When that happens:

A fund earns less income overall, and
The yield paid out can be lower as a result.

This isn’t unusual, sometimes bigger size plus need for liquidity equals slightly lower payouts compared to smaller funds managers like Norrenberger, Trustbanc etc that can be more aggressive in chasing higher yields investment.


To break it down even further, At this point, I would say the most of Stanbic interbank placement is mostly over night lending but since it's the end of the month and FAAC has been released by Federal government plus the fact that Businesses are shutting down for holidays. Stanbic won't be able to do overnight lending as much because big banks like FUGAZ now have liquidity.

This is why Stanbic rates keeps failing.

My recommendation for this week.


https://www.youtube.com/watch?v=IioAtJ5Y34s

Donbrig:
@Beeron, God bless you, na man you be... Despite the fact that @lamblessed88 tried to prevent you from educating us here, you didn't ignore his questions, you answered him in a very polite manner and even offered to do a video for him if he doesn't get youranswers clearly. To me, there is no other better ways to show love and brotherhood. Kudos bro..

We know we have a lot of scammers and bad eggs amongst us, but we still have so many Nigerians with integrity and the fear of God.

It is always good to give people the opportunity to be trusted. We open accounts online with different fund managers and deposit millions/billions of naira/dollars in their accounts without even ever meeting any of the fund managers face to face, that is trust, accompanied with risk, after all, no investment on earth is 100% risk free.

I have subscribed to your youtube channel, I also want to encourage others to subcribe and support a brother, he hasn't asked us to pay money into his account or buy anything from him....

Your Youtube videos are well loaded with watertight informations, I had to watch some multiple times to get the message correctly, because we weren't taught most of these things in school, even in our universities.

Thanks for your kind words sir; And also for your words of encouragement.

And I wouldn't blame the gentle man too much because like your right said, probable spammers are likely scammers.

I actually intended to begin creating videos on finance because I stopped writing finance related articles for blogs and websites.

I love how we help each other here especially Emmasoft and some other few people here, I am actually an old member here who switched moniker to this one. If I mention my old moniker, you will easily remember me lol

In bid to provide value and also learn from other senior investors here while I grow my YouTube channel, I will keep doing the little I can do because there are lots of investors here who decides to be silent but their wealth of financial knowledge will shock you.

I know someone who currently works with CBN here. He will never say a thing here.

Thanks to people like you who have subscribed to my channel. I won't disappoint.

Iamblessed88:
Hi guys. Can your mutual fund capital be insured by an insurance company? Assuming its money market mutual fund which offers capital preservation but just as a double layer of protection

You the same person who told me to stop posting my videos links here but here you are asking a basic question the last video covered and I also have a dedicated video just for this type question (MMF security) but it isn't posted here.

Anyways Sha, I will still help you break this down.

No! You don't have to insure this type of low risk investment, MMF is low risk but it doesn't mean it doesn't carry any risk at all.

What you should understand is many insurance companies also play in the MMF space, Axa mansard is one of them.

So if Axa mansard, an insurance company runs MMF and possibly have large chunks of their fund in MMF, What level of fear do you have that is greater than the risk tolerance of an investment company investiing?

Secondly, Nigeria has another type of guarantees to oversee the affairs of MMF managers which we know as SEC.

There other types of natural guarantees that protect your funds but let me stop here.

Now what you should understand is this and it will shock you.

Nigeria Banks are the most regulated in the whole world. YES, I said that..... In the whole world.

Now imagine, Nigeria banks being highly regulated, but the system that provides banks and government with liquidity is left to fail... Naaah not possible. That's why MMF can't fail.

If you don't understand, tell me, let me make a video and show you in practical from another angle and tell you when MMF will fail and the signs you should always look out for.

Oyibopepe2000:
Hmm I actually benefited from watching the YouTube video you linked cuz I was beginning to suspect that the managers offering high rates may be shady and likely won't sustain it and crash. But after I watched your video I was more enlightened.
So I consider it still useful here. But I may be wrong though

You are not wrong sir.

In as much as the information is online but they confuse people with the banking terminologies so you won't really figure out what's really happening.

Imagine talking to an average joe who wants to just invest their money in MMF and make profit and you telling the person (FPI, FDI, MPR, MPC etc)

The person will be confused but these things matters to enable investors make informed decisions.

I will continue to make videos to break down complex investments terminologies and other investments options so we will all understand what we are investing our money into.

It isn't easy getting that capital to invest, so it shouldn't be a bad idea if I make videos and share links here on how to safe guard your investment.

I made a quick list of stocks that made gains last week.

https://youtube.com/shorts/86T4iUqOm8w?feature=share

Iamblessed88:
Kindly stop spamming this group with your website. This place will become messy if everyone starts promoting one product or the other. It will also reduce the quality of responses here since posts will be made with an angle in mind.

Last warning

Didn't see it that way but good thing you have brought my attention to it.

I thought I was providing meaningful contribution in write up and backing it up with video explanations via YouTube.

Spamming is when you concentrate all effort towards promoting a links with no added value or if link is unrelated to said discussion or conversation.

I just tire at this point.

My advice to people who to want to move money to shop around for better rate is:

Make that move as soon as possible especially if you are intending to move large funds running into millions.

Do so before the new Tax policy officially begins in January because when it begins, you won't have the flexibility of moving large sum without the authority not noticing your transactions especially the FIRS will be involved keeping a close look at massive fund movement.

This is why banks are now mandating customers to add remark/description to every transaction initiated online.

Meanwhile, if you want to know why such differences in daily rates by those MMF fund managers. Watch I explained it and don't forget to subscribe.


https://www.youtube.com/watch?v=DZu5xBWNdeI