₦airaland Forum

CS might pay him well.

Ogborokiri:
Abeg make him dey independent they won't know his worth

Chief, you should be working for the top equity fund managers. Zedcrest or CS should hire you.

Beeron:
No Zenith is currently not a good buy. Understand that Zenith and GTCO are part of the two giant moving ASI.

Decline of ASI for the past few days should let you know that movement in large cap Banking stocks are slow and currently Zenith bank will experience some profit taking before a new rally begins, so if you have bought already, be willing to wait for some time or try average down.

Alright, chief.🤑🤑🤑🤑🤑🤑🤑🤑🤑

Beeron:
My chief, I most greet you. First thing first, you should understand that you made a smart decision trading ETFs. Second thing is you were so deligent to pick the right ETFs with value and once that commands huge volume.

Another fortunate factor about Derivatives (ETFs) is that they don't get over sold like individual company stocks, But even if they get over sold (dip), new investors are always ready to buy them up quickly because most investors see it as safe retirement investment, another thing is, it is widely preached abroad that Index and ETFs are safe to invest in so when newbie wants to invest, they are more likely to buy ETFs.

Just like how we advise new investors here on Nairaland to start with MMF, that's how newbie abroad get adviced to start with ETF or Index fund.

The only two things that moves ETFs are the news and sector rotation. Nothing else.


You just so smart using AI to your advantage and it's paying off with your investment strategy.

Well, profit takers won't let it rest.

LoriHamo:
MTN ?

I

Chief advisor, what is moving the foreign market and the tech market?

Beeron:
Good morning everyone.

Here is an update regarding your investment in Equity mutual funds.

Some of you might have been experiencing red days lately — the reason is simple, people are now taking profit en mass, So ASI has reached it's peak for now.


Two things might likely happen starting next week:

1 — Green arrow, means a long consolidation starting next week, basically, it means some days your will see profit and some days loss but not huge profit and the loss days will always cancel profits until ASI finds new support and begin a new rally.


2 — Red arrow, means ASI will just suddenly dip, meaning more red days due to institutional money leaving the market. When that happens, other retail investors will also be trimming their profit making ASI go further down until it finds a new support and begins a new rally.


So now what do you do and why am I writing this?

CSblackpink usually talk about top up during red days, Wise idea— but you have to be strategic about doing it, I see people doing it before now, I knew it was too early to do it, but It's not a bad thing, this is why I didn't say anything about it. Sometimes when you top up too early, that money too will also dip, so you will have to continue to buy the dip as it further dips. Not every one can always afford that.


Now what I recommend is simple — Now that it's profit taking season, Also take your profit and move it to mutual fund investment. After ASI has found support to begin a new rally, then you can withdraw your money from mutual fund and buy the new dip. I will also let you all know then when it's safe to buy but it's usually difficult to know when there is long consolidation going on.

But then again, for investors that can afford to keep buying the dip, please continue, because that's another smart strategy because eventually you will regain your losses when ASI begins a new rally.

In summary, this is time for profit taking, take profit, hold It and buy more units after profit taking season is over.

I am in a rush typing this because I need to go for my early morning jug now, when I come back I will answer any question if you have any.

Koruuuuuuuuuuuuuuuuuuuuuuu, this week has been wonderful. 🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

Confirm green as MTN and GTCO heard Kanayo's call. 🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

Iamblessed8888:
Ahh we need small green to enter the weekend happy

CS is to make gains tonight; Dangote is up.

Iamblessed8888:
Still early but looks like some greens are cooking

Zenith and GTCO must be slightly up to see some gains from CS.

Iamblessed8888:
Still early but looks like some greens are cooking

Haha, KORU might see a tiny red today.

auschris:
I'm still holding on. i don't want to catch the knife today. I'll see what friday looks like.

CS will go gaga tonight, setting up my cash to buy more.

auschris:
Today is setting up 'nicely' to be bloodier than the last 3 days

Set your DCA quota to -2% or -4%.

princezzz:
When will the top-up time for Zedcrest even come? Everything keeps flying up, and it is not coming down.
I dont even know if i should be upset for not buying more units then, be afraid that it is not coming down anytime soon, or impressed that they seem to be doing "exceptionally " well.

Then the ones on red, is it to be topping up every day, abi to chill and top up on an eventful dooms day, because this one don pass red days and doesnt seem to be ending today.

Them no dey even fit time this market sef. Even the DCA method, still gats to balance well.

If you are outside the country, find "KORU" or its cousins, FLXK, EWY, and FLKR. These are the money-making machines for now; it has been three huge days of greens, and it is most likely to make another Kanayo today as the pre-market is hot.

DataAnalyst2022:
I really wanted to sign up with Zedcrest but Zedcrest app is not available in my region.

I just tire, my brother.

Don't dive into a balanced fund; go ahead and top up. Try and open Zedcrest to balance your portfolio.

DataAnalyst2022:
My people, I want to do some top up. Is it okay to top up my Cowrywise EF, Paramount and CS right now or I should wait a bit more?

Also, i am planning to delve into Halal, Ethic and balanced funds, can someone advise me where I can invest in? Long term investor here.

Thanks guys for your usual support

You can't get it in Nigeria; if you have a trusted relative abroad, tell them to buy it on your behalf.

gwinedev:
Thanks.
It's not on Bamboo though.

This scenario does pop up in the foreign market as well. Traders often stick to US stocks and ETFs for safety and higher liquidity. However, with the Korean market doing its wonders, the trend is shifting gradually to the international market for higher gains. Imagine KORU with 361YTD at the moment and the famous S&P with just 10+YTD.

Iamblessed8888:
My man from MMF. Cant side with you on this one. I doubt stanbic is the biggest player when it comes to equity. They only shine in MMF.

Equity is a different ball game and i wont advise you to go with stanbic if you want to do it. If invested with the right fund manager, 10% or less of your total funds can outperfom 90% of your total funds in MMF

In MMF, your daily % gain is divided by 365 but in equity, whatever % you see in a day is what you get . CS did around 7% in one day sometime last week. Some fund managers are currently at 100% YTD, meaning they have doubled whatever investment you made with them whereas stanbic is far behind.

Lastly, Risk in equity snd MMF mean different things. The greatest risk in Equity is Yakubu aka Red, whereas in MMF, excessive returns above the benchmark may spell risk.

This is what I pulled out.

teeboi77:
How can i trade it in the UK please

I need Yakubu for my foreign equity, as the cheapest unit costs $90.

welzyj2:
The good thing about this current yakubu is that the market is getting balanced from all the q1 rally.

Haha, I have been topping up for three consecutive days and am buying the dip for more dividends.🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️

Iamblessed8888:
Red day for CS.

It can't be accessed in Nigeria; however, you can try Zedcrest, as it is doing well, like Koru.

Keith05cool:
Bro na naija I Dey oh

You can't access it in Nigeria; however, if you are foreign-based, let me know.

Keith05cool:
Please Bro how has Koru’s trend being, How can I join and what’s the minimum amount to deposit?

Balanced funds and ESG have huge bond allocations. If bonds go down, it will drop drastically; the same drama happened last year.

mhoreh:
My money too is back; they should just give me my money.. I’m not doing again

CS🤔🤔🤔🤔🤔🤔🤔🤔🤔

The foreign market is still toiling with Kanayo. 🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

It is the bond repricing that led to the big drop yesterday. My balanced fund and ESG are back to normal with slight returns.

froshroy:
Zenith ESG has restored my money with small kanayo as compensation

Make this people no dey use our money play anyhow

I guess they don't have it.

ollypass:
This is the Koru bamboo came up with

Yes, Koru is number one. I told my broker to get it. Most of my folks here are craving Koru.

auschris:
I think I will stick with KORU. It holds almost 50% EWY, and EWY holds almost all the big Korean companies like Samsung, LG, Kia, Hyundai etc

Check if Bamboo has.

Emzedz:
Hw do I onboard

One year of Koru can make someone a millionaire or billionaire. 302 YTD at the moment; pre-market is already at 14%, while the one my broker has is already doing 5% at the London Stock Exchange.

auschris:
I go arrange money keep dey wait

Koru might do another 10%+ tonight. Its cousin is already doing 3%+.

auschris:
I tested the waters with your Koru yesterday and it did great

I am not a nice person, bro. More like an introvert, I only like when people are making progress. More wisdom to you, bro.

Beeron:
Thanks for what you do, bro. The last person I know who was this nice was Jesus but sadly, Judah sold him out. May you not know any Judah in your life. Amen.

Funny when an atheist say a word of prayer lol — but honestly, I just want to appreciate just nice of a person you are.

Good luck in all your endeavors bro.

Haha, juju at the highest level.🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Gratefulme:
They have forgotten my account 😁😁😁. Keep the yakubu