Locotrader: I have enquired. Not up to that. Why I prefer Wema bank to other higher yields. 1. My money is accessible at Dashboard.I can monitor the progress without going to the bank.
2. Self service feature is enabled.In less than 2 minutes,I am done and the upfront interest paid within minutes.
3. I can use my principal to get what is called goal based loan at reduced rates even though the fund is locked for 365 days.
The new Access bank MM investment is doing 21% for full year at the fund range you have. do check it out
Locotrader: I want to take away 100m off from the market and lock it in Wema-Alat fixed deposit for 365 days. I want to take the interest upfront. After deducting the 10%,I will receive 15,756,000 as interest for 12 months.
Is this a wise decision since I don't want to keep it in the stock market?
Locotrader: I want you to enjoy. At least no be Loco go crash the stocks as usual. If you have below 10m units,you no get problem. Potbelly people don sell off and cooling their loot for next action
I never reach una levels of such units but soon that bus stop no go far. I been choose some strong ones (Custodian/NEM/Axa) in healthy units and few of your picks Royal/Link/Aiico (in smaller bits). I believe the insurance stocks will do well in the mid term. So make e crash well well...we still dey game
Locotrader: Based on analysis done so far,Loco must have sold or reduced holdings or about to sell.
The liquidity in insurance stocks can accommodate every sell at highest bid or lowest bid.This is the reason we are open today.The liquidity is there to help us even @ 100m units.
Loco Nwanne We ride the insurance tsunami till week ending. If we drown, we hold and pursue. If we gain, we keep holding.
Please could you name the blue chip coys you have?
Do you buys them once or you top up regularly?
Thanks.
Mankind2024: Investment Marathon: Reaching Highs in NGX, NYSE & Crypto. When I was growing up, common sayings in Shagamu, and among the Yorubas were 'The journey of a thousand miles begins with a step,' 'You can take a horse to the river but can't force it to drink,' and 'Think and grow rich.' These sayings don't fully align with today's reality. Now we know the journey of a thousand miles begins with the first taken step. We can also force a horse to drink water by feeding it with concentrated salt to cause thirst. Growing rich involves thinking, continuous learning, DOING, and growing rich. On Nairaland NSEMPA forum of today, many investors aren't proud of their wins in a faceless forum; rather, the JIJO (Jump In, Jump Out) traders are the ones celebrating their wins. This norm shouldn't continue. I'd rather share my investment successes and mistakes to celebrate personal milestones and encourage others that long-term investing is key to building generational wealth, after all, no one knows me. Sharing milestones by investors on a faceless forum outweighs perceived disadvantages.
On this note, I'm proud of my long-term investments: - NGX portfolio with N170M CAPITAL appreciation within 6 weeks in blue-chip companies in the ongoing rally. - NYSE $11k(N19.5M) gain in my foreign portfolio despite the selloff seen 2 weeks ago - N48M($32K) returns on CAPITAL in cryptos and digital assets YTD in the ongoing crypto rally.
These wins came through learning, discipline, perseverance, steadfastness, and prayers. I believe in taking care of my young and future self and family while aiming for generational wealth. Sharing investment milestones boosts perseverance in holding assets and helps achieve SMART goals. I'd say I've been favoured in my personal finance and investment journey. I hope to share hitting the US$1M goal one day. Once again, investment is a marathon while short-term trading is a sprint. Wishing you all a fruitful H2, 2025.
Locotrader: How Una dey? Market don close. All glory to God for 5 days of 10 10% full bids. We will reinforce again next week. Make we go reload bullets this weekend.
Insurance togbue kwa onwe gi na uto
Haba Nwanne No be all the 10 do 10% the entire 5 days nau A few crawled today
Tpharell: Meristem is actually deliberate in preventing their clients from queuing early with orders. These “technical glitches” are no longer coincidental, honestly.
I agree with you.
Very annoying.
I wonder if they do anyrhing extra for their clients who use the app and cant get a stock on a rally.
I really like your investment philosophy. Could you share your stock picks (or most of it) you intend holding for a while?
Mankind2024: Meet Harry Markowitz, the legendary economist and investor who pioneered Modern Portfolio Theory (MPT) and the Efficient Frontier.
Life and Biography Harry Max Markowitz was born on August 24, 1927, in Chicago, Illinois, to a Jewish family. He developed an interest in physics and philosophy during high school and pursued these interests at the University of Chicago. Markowitz specialized in economics, studying under notable economists like Milton Friedman and Jacob Marschak. He received his Ph.B. in Liberal Arts in 1947 and his A.M. in Economics in 1950. Markowitz worked at the RAND Corporation, Cowles Foundation, and City University of New York, and later taught at the University of California, San Diego. He passed away on June 22, 2023, at 95.
Quotes - "A good portfolio is more than a long list of good stocks and bonds. It is a balanced whole, providing the investor with protections and opportunities with respect to a wide range of contingencies." - "Advisors can create the best portfolios in the world, but they won’t really matter if the clients don’t stay in them." - "Diversifying sufficiently among uncorrelated risks can reduce portfolio risk toward zero. - "The smart investor buys and holds index funds. - "I never was aware of the Great Depression." - "I would never be 100 percent in stocks or 100 percent in bonds or cash."
Achievements - Developed Modern Portfolio Theory (MPT), which revolutionized investment management by introducing the concept of diversification and risk management. - Published "Portfolio Selection" in 1952, a seminal work that laid the foundation for MPT. - Awarded the John von Neumann Theory Prize in 1989 and the Nobel Memorial Prize in Economic Sciences in 1990. - Co-founded GuidedChoice, a 401(k) managed accounts provider and investment advisor. - Served on the advisory boards of several investment firms, including Research Affiliates and Index Fund Advisors ² ³.
Simple Personal Finance Lessons
- *Diversification is key*: Spread investments across different asset classes to minimize risk. - Maintain a balanced portfolio: Allocate assets according to risk tolerance and financial goals. - Rebalance regularly: Periodically review and adjust portfolio allocations to ensure they remain aligned with investment objectives. - Stay invested: Avoid panic selling during market downturns and ride out market fluctuations. - Keep saving regularly: Consistently invest over time to benefit from dollar-cost averaging and compound interest. - Understand your risk tolerance*: Invest in a way that aligns with your comfort level with market volatility.
But ley me ask a question as a novice in Crypto but not in investment.
Why would you not buy and hold established coins like BTC which has historically averaged 50% since inception? I feel that is a great way to steadily preserve wealth in coins.
Mankind2024: NB: My response yesterday was mercilessly deleted by the AI spam bot. You're on your way to prosperity, where the impossible is possible and uncertainty is certain. Volatility drives price movements in this venture. On a red day, avoid panic and impulsive decisions - your greatest enemies. Time is your best friend; remain invested in your chosen stocks and avoid speculations. Set SMART goals and follow Arkad's path, as outlined in the audiobook. Don't invest emergency funds in the stock market, and prioritise paying yourself first.
For self-employed entrepreneurs, the new formula for freedom is now Revenue - Profit = Expenditure, this can help with tax planning.
As a salary earner, take advantage of deductions for transport, fuel consumption, vehicle depreciation, phone, and data usage etc - keep good records and receipts, this can maximise your salary without earning more.
Currently, the following stocks aren't under FOMO compared with peers in their sector: Accesscorp, FCMB, FirstHoldCo, UCAP plc, Afriprudential plc, VFD Group plc, and UBA plc. Conduct further research, understand their businesses, and stay updated on current news. Utilize free resources like Nairametrics, Ripples Nigeria, Google search, ChatGPT, and Grok-3 for analysis. Think long-term, reinvest dividends, and make every Naira count. Prioritise positive thinking and meditation, exercise, and balance your diet. Consider plugging all financial leaks to compound your portfolio to your first milestone of NXmillion. Trust the market, have confidence in yourself, and remember that consistency wins the marathon - though rewards may come earlier than expected. ****For more guidance, refer to the attached audiobook.**** NFA/DYOR
Thanks a lot for your response. Wish us all the best.
As we not fit do US stocks make we dey learn and use the best strategies for NGx stocks
Mankind2024: My goal is to have a $1 million portfolio for generational wealth for my kids, given the uncertainty and currency volatility that plagues the Naira. I strongly believe in hitting this goal by the time my firstborn turns 18. In 2023, I brought the message of the Magnificent 7 stocks to NSEMPA; I was warned about the dangers of investing in the NYSE, how it can humble investors, and how it was overhyped. I remained convinced because no one or institution can do without the Magnificent 7 stocks in countries around the world, directly or indirectly. Anyway, I remained invested during downturns, red days, the Black Monday of August 2024, and the Trump tariff war, and I also invested more. Now, my new investments in the magnificent stocks are pullback-based. The portfolio witnessed a crazy bull run following the explosion in share prices of NVIDIA, META, Apple, SPDR S&P 500, Gold ETF, MSCI China and also AVGO. You too can do better than me. I'm glad that the video motivates you. My resilience and support come from thousands of free PDFs and audiobooks on YouTube. Ignore the noise, the volatility, and the high EPS/P/E ratio that often drives self-investors off; also ignore impulse and panic, avoid penny stocks, and focus on book balance, cash flows, outstanding shares, cash reserves, EBITDA, gross margin, and price pullbacks. Then you begin to see true value in NYSE blue-chip companies.
Mankind2024: I dedicate this video clip to my humble self, celebrating another milestone, my perseverance, discipline, focus, and consistency in adhering to the principles of long-term investing through compounding. By avoiding speculation, trading, and betting, I've strictly adhered to fundamental analysis of the Magnificent 7 stocks, and SPDR S&P 500, embracing the marathon journey I've undertaken since 2023. It is not EASY! The marathon continue, victoria acerta.
megawealth01: No matter how much you put into this market it's still a blessing. Just don't be excessively greedy
Hello Mega. Please a bit off your post. I know you use Meritrade app. Are you confident with the way the amount paid column is calculated especially when multiple buys are done on a stock? A part of me feel that the price in that column is higher than the the average purchase prices for stock when calculated.
Any thoughts Sir? I want to be better guided. Great Sunday everyone.
megawealth01: E never even move... When it gets to #30 na that time many will understand?
Hello Mega How do one buy a stock that shows no offer on the trading app but yet posts trading volumes after the business day? Must it be directly through a stockbroker? Meritrade is the app.
mikeapollo: Top up makes better sense if the price is reducing and the particular stocks is becoming cheaper, so that your average cost price per unit will be less and your percentage gain will be higher. If the price is increasing, then top up would increase your average cost price per unit and your percentage gain will be lower.
J think this works if the funds come in one swoop. If one is dedicated in buying a stock every month for instance, though the average percent return will be lower for an increasing stock, but each set of the bought stock retains their respective percent gain.
Is that correct? For instance if i bought Ellah at the following prices over the last 2 months...
At 4 naira At 5 naira At 6 naira At 8 naira
And sell all at 11naira.
I will be making gains of 7, 6,5 and 3 naira respectively if i didnt have the bulk money to buy at 4 naira or wait till 6 naira to buy.
So the question basically is does it make investment sense to keep topping up in a bullish market and hope to exit at a comfortable price?
megawealth01: Let me show my audio money and percentage small
One thing i have observed you in particular do is buy a stock once (with big sums i suppose) and not topup. That is mostly why your percents are historically high. Correct? If yes, why do you not top up as you get periodic investment funds?
Please can anyone be kind enough to send me the name and contact of the registrar for NPFMFB. I am yet to receive my 15 or 50k dividend which should have been paid on 19th June Thanks.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ceelog(m): 10:13am On Aug 17, 2025
