₦airaland Forum

Coolcash1:
There is nothing to argue about whether penny or blue-chip stocks...Everybody should stick to what floats their boat, period!

As an investor, three factors are critical that you must know;

1. Objective- what is your investment objective? Why are you investing in either capital or money market. This will also influence your return objective.

2. Risk Identity- where do you stand when it comes to risk? Are you a risk seeker, risk averse or risk neutral. Any of this will influence your objective, investment strategy and horizon...Yours truly belongs to the first category

3. Exit Strategy- there is nothing like methuselah in investment. Set your harvest period regardless of your investment horizon and emotional attachment to a stock. Be ready to follow trends, analyse and evaluate economic conditions, and carryout top-down and bottom-up analysis as vital ingredients to taking sound decision on your portfolio.

TGIF.

Mpeace:
I am very serious. I actually look at percentage increase in price(capital appreciation) than actual increase, and that is why I go for penny stocks. For instance, I bought FBNH at 2.97 earlier this year and at that time Zenith was 15naira. FBNH has done 8naira today which is over 150% increase(its present price of 6.3 is even over 100%more than what I bought) Zenith has not done up to 30naira (100%)since then. So if I invested 1000 in both zenith and fbnh I would have over 2500 from fbnh and less than 1900 from zenith(even with dividend) . Other penny stocks like transcorp, Diamond bank, Fidelity, fidson etc have done similarly by increasing from below 70kobo to over 1.50naira giving excellent returns of over 100%. That is what penny stocks do. And its better to check in percentage return than actual amount. If Nestle and Fidelity both give similarly excellent results, the highest appreciation for nestle might be to go from current price (eg 1150) to 2000. Fidelity can easily go from current price(eg 1.3) to 3naira(like fidson) thereby giving a higher % return. So if you invested 1500 in both, nestle might give you 2000 while fidelity gives 3000.

omosuji:
investing.com

jamace:
From TA angle, most of the stocks on NSE30 are saying BUY from Daily chart up to Monthly chart. Therefore, I will say this is the right time to BUY. Just take your time to scrutinize the TA chart of many stocks and you will see something to BUY. Shalom.

TONY56:
There's actually nothing wrong with it. It's only an advice that people don't do that cause of the prevailing situation in the country and if anyone feels safe about such revelation, so be it.

The only other thing is that when people like me who doesn't even have or invest up to 500k see these huge figures, it reminds us that we are poor

Investnow2017:
Lets assume a figure of 1m @18% for 182 days with a re-invested interest for

1,000,000 × 18% = 90,000
90,000 x 18% = 8,000
8,008 x 18% = 720

At the end of 6 months or 182 days will be:

90,000 + 8,008 + 720 = 98,728

Am i right?

crowntoro:
Alright
Thank you
Gurus in the house, how much interest should one expect on an investment of 17.25% on N100,000 for 182days

orogodoganyin:
one of the few points on my mind.
she aint evn thinkin abt d guy

Fm4real06:
I just got 78days for 15%.. is this a good investment from firstbank??

Although i saw 18% for 176days which i could have gone for but i took in consideration of the maturity date that's why i settled for the former.

Plus in i signing the treasury certificate given to me by the bank?

Although i didnt get any credit or debit alert from the bank, but when i checked, the money has been deducted.

EGUNSOLA14:
all this expensis mentioned are personal to individual and nt related to ur normal Hnd expenditure. Like now not all student pays regularization as u claimed, as regard the house rent, their are lot of friend who will accomodates u free, or at worst share the payment. Again u are supposed to have paid for d ond result before u proceed to hnd. If am wrong prove it! Am a batch b awaiting copper hopefully by november. Though as a fellow nairalander I could offer u a room free of charge if u dont mind but u must be ready to have ur share of the phcn mountly bill?am not just a student there but, Iree is my home town hope u understand. Up ospolite!

ElizaVeta:
For the mean time, put the money in a fixed deposit for 3 months +, by then you should be able to come up with a business plan. Where as, the money might have grown to N1.4M.

That's the advice I can render.

etenyong:
Business experts in the house. I'm expecting my Housing Allowance from my company very soon. The amount expected is about # 1.2M. I have been working for the past 8 years and my only source of income is monthly salary. I really want to invest or trade with the expected money so that i can have additional income. Pls want kind of good business can I invest that will still give me chance for my office work also.
Thanks for your positive response.

Coolcash1:
Why refer members to your blog when you can share the info for the benefit of all. We have good TA guys here (bullbearmkt, fxuser etc) who have and continue to freely share info with members without any pecuniary benefit. Ditto for the fundamentalists too...Please keep your support and resistance and strategy to yourself ...rubbish

kolaish:
Step by step guide on how to secure your e-dividends before the December 31st deadline

http://nairametrics.com/step-by-step-on-how-to-secure-your-e-dividends-before-the-december-31st-deadline/

pluto09:
You are not alone in this situation. That is stock market for you and as long as you are not loosing your gain you are very much on the right track.

safepaulooo:
It has broken resistance and trending upwards, perhaps about to rally to new highs and support. It's imminient

Cadillac15:
Every body wants to sell but nobody is buying. Simple

Cadillac15:
Diamond on full offer.

Fidelity gradually going to full offer.

FBNH balanced at N7

safepaulooo:
My very same experience with FBNH. Patience is key

locodemy:
Remember the difference between a poor man and a rich man is opportunity.if a poor man is opportune like the rich man,he will also be rich.In the stock market,risk means opportunity.Most people you see jubilating today including me have been here for a long time now.some bought fbn over 8 months now when there was no hope in the stock,i bought mine in different occasions when people were not interested over the stock.

As a beginner,you joined fidelity train when most have made over 50% profit.You didnt come in late because,the banks are undervalued.most of them are trading below their book value e.g fidelity,fcmb,diamond etc.In a recovering economy,banks are winners.Relax my brother,even if the stock does not move again this week,bear in mind the stock is heading to #2.00.What i will not like to hear from you tomorrow(why is fidelity not moving very fast?).

Remember we have been here for a long time waiting for a time like this.Those who came earlier will also smile first before the later ones.