Carpenter's Posts
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passwelle:In my opinion the phrase "complete confidence" does not even exist when the asset we are talking about is my humble self. So I would not have complete confidence in anyone not to talk of companies. I do hope and we can only hope. Nothing is promised or guaranteed. The saying does makes sense for me though...maybe because I am not trying to time the market and be a millionaire overnight. I just dey waka jejely. |
Food for thought: "You don’t need to be an expert in order to achieve satisfactory investment returns... Focus on the future productivity of the asset you are considering.. If you instead focus on the prospective price change of a contemplated purchase, you are speculating.. Games are won by players who focus on the playing field – not by those whose eyes are glued to the scoreboard... " - Warren Buffett look at the scoreboard once in a while sha...lol |
Charlesnerd:I have not read the report but I am sure that Foreign Investment is more than than of local investments in the market (total worth of the market). So that leaves me to think the report might be refering to monthly investments which would make sense. |
Kennyfancy:Old boy, na b force ![]() Post whatever information you have here jor... |
sys007:Thank you. I will do some research. |
ifyalways:Yes your maths is about right. The difference may look small considering the amount involved but if you don't need the dividends immediately better to re-invest it. It also helps you to develop a plan you can continue to follow even when you have 50m in there. |
Kennyfancy:Hmmm...that's interesting. Unfortunately, I am looking for established companies like the ones we invest Mutual Funds with. Thanks for the offer. |
A thought just came to me and sure am not the first to think about this...maybe it exists already. Is there any index fund for trading in forex? Where several people pull capital together and a fund manager manages the fund the way we have them managing mutual funds. |
@Moneyb I am not a forex trader but I can relate to the above. I would love to be involved, everyone wants to make an extra buck here and there. I would love to sit down on the beach sipping whatever it is my poison is and smiling at my back account. However, the sacrifices one has to make are evident in your post. Thank you for the post and would be following this. |
FBS: ^^^ 165, no?Thank you |
http://www.arm.com.ng/ Kennyfancy: Pls who hav ARM official website, pls i would lov to go through ithttp://www.arm.com.ng/ |
ogedanny: NSE Market ended on downward trend todayA chance to buy more for those who are liquid...I would glady welcome a bear market if I had cash. |
mpi210: http://trwstockbrokers./2014/10/02/oando-plc-re-publications-relating-to-the-purported-divested-of-its-downstream-assets/Details of the conference call can also be located here http://www.oandoplc.com/investor-relations/ |
AdimGreat: Thnx guys for your contributions.Do you have an emergency fund (savings). If you don't, please save the 50k somewhere. If you do, invest in one of the numerous Mutual Funds. cheers |
Mascotlawman: bnsitl, pls is TRANSCORP a good buy at the current price? And fbnh and OANDO? All are for medium term. Thanks in anticipationI would buy FBNH but I would not touch Transcorp and Oando now I think FBNH is trading below its true potential....Transcorp seems too high and will like to see how Oando plays after some weeks. N.B. I own shares in all three and am holding them |
moyin2009: I think the logic of trading penny stock is to save money little by little and after there is reasonable increase, then you can use the money to invest in blue chips coy. just my opinion sha.Well... depends on the individual. In percentages,1 naira a share stock that becomes 2 naira has doubled your money the same way 25 naira a share that is now 50 naira would. The penny stocks do have an advantage though, you may pick one that will rise by 500% in years, it is very rare for blue chips to rise that much. In addition, the cost of buying penny stock is relatively low and entry into it is presumed to be relatively easy which provides you with opportunity to gain more if you pick them well and for years. Of course there is also a downside but if the aim is to buy penny stocks in the first place, why trade them for less probability of a rise in a blue chip stock and still have to pay fees to get out and fees to get into the blue chip ones. My own opinion also |
kotlass: Sometimes I wish the NSE is not affected by public holidays.hahahahaha |
joseph1013:I have the same opinion. I think to buy and hold for the future is good. |
Here is a nice read, enjoy http://money.cnn.com/2014/09/30/investing/investing-secrets-wealthy/index.html?iid=HP_River |
ifyalways: They call themselves SFS Capital. You could invest as low as 10,000 ngn monthly/quarterly/annually/semi-annually with a promise of delivering 12% (minimum, which means it COULD be more) interest per annum.Unit trust is just a general name for all those funds we have been talking about. This might help http://www.first-trustees.com/page.php?item=Unit+Trust+Scheme&tag1=Products+and+Services |
Kennyfancy: Good day, i would like to invest bt pls am having issue, u said 12%, so if i invest 50,000 naira, dat means by d year ending my profite will b 6000, pls xplainIt is that simple, nothing to explain. 6,000 pere |
mercylicious: wia our biggest oga- dumexoga and ucheson? Plz rep us in this conference.Thank you jare, I was just going to write that also. I am a small player with Oxygen but would like to know whats up... Mehn! I have missed by being absent from this forum for a long time. |
ernie4life: I was discussing with a friend that works in another investment house about the issue of part of mutual funds being invested in stock, this was what he said, about 85% of mutual funds are invested in Tbills and bonds, the other 15% is invested in stocks, the major reason fund managers do this is because of the potential of stocks yielding more than bonds and tbills, while bonds could give you 13% interest, stocks if professional invested has the potential of yielding 20%. If this be the case the fund managers will still pay u the agreed 12% or 11% interest as agreed and the excess becomes their gain.Most of the funds have allocation ranges in percentages between Bonds, TBills, Liquidity or Stocks. It is always nice to know what constitutes the fund you are investing in especially if you have certain beliefs that may deter you from them. The allocation ranges are not fixed and can be reviewed. N.B. I am not a financial expert, i just manage my own finances on excel and read a few stuff here and there. |
tioenconsults: Comments & Opinions are very welcome..How do we buy and develop one rental property a year if we cannot even afford the price of land? If such opportunity is available, what is the entry level? |
moyin2009: Good insight. and do a research about dividend payment of the companyI think it was more about patience, I could have sold at several times but I decided not to, could have bought more too but could not take the risk of overleveraging myself. Also bought Livestock feeds @50k close to 200,000 units but sold all around 1.00 because I got cold feet. Wema also @50k sold at about 90k or so averagely. So there is an element of luck in all these and Beco!!!...i hate that stock but am not gonna sell till i can get my money back, doubt if anyone wants to buy it @50k sef. Just remembered CHAMS and ASOSAVINGS have been staring at me for about two years @50k dem no gree move to where dem suppose dey... |
ifyalways: I wish I could get one that actually gives extra bonuses. Investment one claim they do for KGIF but I'm yet to see or hear anyone that actually got.KGIF is for you then since it is fixed (although if the benchmark (MPR) moves, be sure the manager will move the goal post), can swing both ways sha. Then they say if there is excess, 35% of profits could also be shared which is extra. I will rather keep my money in stocks and funds as long as I do not need them now. Since I found out only 500k is insured by NDIC per individual account, I only keep a little spending cash in my bank account and the rest goes to stocks and somewhat liquid investment like Money market. |
carpenter: I invest in the FBN money market fund and it is NOT guaranteed (principal and yield). The Fund is rated low risk by Agusto and Co.Sorry no bonues, just checked my statement |
ernie4life: Both, mind u we still have other investments that the interest is not guaranteedThanks |
ogawisdom: D first rule of my investment policy is 99.99% security of my principal. This is not negotiable ofcourse I worked soo hard to earn this money. I detest losing my principal after denyin myself somethings to save this money, my last investment in oando stock comes to mind though I didn't lose bc of my swift action but my stockbroker almost messed with my money. I almost develop high bp while all dt lastedI invest in the FBN money market fund and it is NOT guaranteed (principal and yield). The Fund is rated low risk by Agusto and Co. You can do a search for FBN Money Market Fund, I think KGIF suits you better though. What is being invested in is what dictates the trend... They pay when due and I reinvest my dividends, they also give bonuses which is outside the 11.5% (just remembered this). When I took stock of yield rate after about 1.5yrs, I was having about 21% increase (dividends and bonuses). |
Abeg how much to buy dollars today? |
fyxboss: pls i need loan to pay back in six months with interestPlease contact a Bank or an institution like RenCredit (RenMoney). It is difficult at first and you might need to start with a little but with time...you build a reputation. |



