₦airaland Forum

No be small, Kanayooooooo; I've recovered my losses and will prepare for Yakubu right away.

welzyj2:
Kanayo 🤑🤑

I suffered two weeks ago; now it's time to enjoy my patience. 🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

Yes, bro. Most of the world leaders are also investing in stocks. Donald Trump also promotes some stocks on his social media; the only option is to relax and build generational wealth without panicking.

Allboiz:
That's true.
Some years come red. I noticed it in ngx as well.

Stocks is really a long term investment. All funds should not be dumped in it. You should have a ratio between equity and mmf to balance things.

If I had started in Jan, I would be 95% up. I recently knew there are negative years whereby no profit will be made for those years.

Allboiz:
Beautiful

The market is up today, and I only need 3% to recover from the losses. Buying the dip actually was a blessing in disguise.

Allboiz:
That was massive. I hope you've recovered from the loss.

I used to be like him; trading foreign stocks has really tamed my views on stocks. In the last two weeks, I had a paper loss of 15% of my capital in just 4days.

Allboiz:
As e con dey complain anyhow...

It's obvious he has little knowledge of how this thing works.

Lol.🤣🤣🤣🤣🤣🤣🤣🤣🤣

Allboiz:
I believe you are aware that you can invest directly in stocks so they won't be able to steal your money again.

KORU (the Direxion Daily South Korea Bull 3X Shares ETF) is designed to be a short-term day-trading tool, not a buy-and-hold investment.
​You cannot hold it long-term because it is a leveraged ETF that resets daily. It aims to deliver exactly 300% of the daily performance of the MSCI Korea 25/50 Index.

Gratefulme:
Oh, I thought you are o.

I'm not trading it; my broker does not have it. Currently doing FLXK:L and some Asian stocks from Taiwan with Intel.

auschris:
Did you exit KORU?

Today and tomorrow are looking solid; Samsung already agreed to pay their workers well, and KOSPI and Samsung stock bounced back aggressively today. However, I'm hoping the USA and Iran come to an agreement soon, as the market is always reacting negatively whenever bombs start dropping.

auschris:
Hoping for some recovery this week. Last week and the early part of this week were very bloody

Yakubu dealt with me last week; my brain had to do a factory reset. 😂😂😂😂😂😂😂

Iamblessed8888:
😂😂😂 Yakubu is dealing with us here

Wow, "100M." CS should treat us; if not for this thread, no one wants to have any dealings with equity funds. Good luck, bro, and may God bless your investments.

StockJamesStock:
I have just subscribed to CSOF.

Thought about this question as well, but in the end, the facts that the company that has been operating for almost 20 years, is recognised as one of the top stockbrokers in the country (which also means they'll have access to great deal flow) with very positive ratings from international agencies etc, all tipped the balance in favour of CSOF for me. In fact in doing my research i realised that Zedcrest has appointed CardinalStone multiple times to lead their (the broader Zedcrest Group) commercial papers issuances. So if Zedcrest trusts CardinalStone, why won't I trust them too?

20% difference in it's single first year is not enough reason to invest that amount in a fund that hasn't reached 6 months old. My goal is long term capital appreciation (I don't intend to withdraw the money in the next maybe 20 years) so stability is more important than momentary gains. I guess if one was planning to withdraw in less than a year the calculus might be different.

In all, after the initial year lock-in period or a couple of years, if it looks like Zedcrest is consistently outperforming, nothing stops me from gradually moving over profits from CSOF to them or even do another bulk deposit.

Thunder money will drop today across all foreign tech stocks.🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑😋🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

My bank here has an option to use a third-party broker to purchase Intel and NVIDIA. After doing some detailed analysis, I decided to go with Intel. My portfolio is heavily allocated to "tech stocks."

Alaska90:
Intel ? You get mind oh
Anyway I am also chasing Intel but I am using Option trading to see if I could get some.....I have a 127 sell put option on it expiring next week friday.
If I am assign my average price will be 116 which I am a bit scare of..too high. But they have paid me premieum on the contract already. So I cant lose both way.

Haha, I'm not into Koru; however, I just bought Intel.

Iamblessed8888:
Exactly Bro. That’s the plan. Dont put all your funds in koru o better to do sound stocks of solid companies like Amazon and co

Wow, looks amazing, bro. Yakubu is always grim and a blessing in disguise as well. However, as Beeron mentioned earlier, one needs to know when to get in and buy in order not to buy a falling knife.

welzyj2:
Trading has been my anchor in this current market situation. My only stock this Yakubu season has reduced my profit: NGXGROUP. I entered at 130+, so I'm still fine with some little profit.

Status of my ngx as of 2da....will delete in a bit

This new market timing has changed a lot in the market dynamics to be honest from my perspective.

Great to know you have moved funds to foreign stocks. Once the Nigerian market wants to go into another bull ride back in very hard oo

Alright chief, I hope you can dive into stocks once you have made a lot from equity funds.

Iamblessed8888:
Nice one chief. Fugaz is the top banks - First Bank, UBA, GTB, Access and Zenith

Yes, bro. This week, I bought some units at $94 from $105, and right now Samsung labor Union called off the strike and the land is green at the moment.

Beeron:
That seems automated with limited control from your end. That's smart.

What you basically just explained is compounding and not trading. That's Warren Buffett's strategy.

Nice one.

My broker has a robo platform that buys the dip when my ETF moves away from its portfolio allocation. If I don't buy the dip, the robot will sell my units to raise cash and buy the dip. Furthermore, buying the dip in foreign market is quite good for me as I need more units in a cheaper price to meet my goal. Furthermore, the ETF prices are usually unstable when the market opens, It might dip heavily today and tomorrow morning, it will bounce back aggressively.

Beeron:
I keep stressing brooo, don't buy dips everyday blindly, resources are scarce. Please reach out to always know when to begin buying dips.

Secondly, FUGAZ are strong large cap bank stocks; the likes of Firstholdco, UBA, GTCO, Access, Zenith (FUGAZ)

Cheers, chief, am doing well at the moment. What are "FUGAZ" stocks? I think my risk level has advanced to stock trading. Tech stock has been bleeding for the past weeks and I've been buying the dip daily to average down and accumulate more units.

Beeron:
How is it going over there, Chief?

Nice strategy moving your funds into foreign stocks, but it might be worth having a second look into buying large cap Nigeria stocks and forgetting them till any year you decide to move back to Nigeria, if you ever have such plan to retire here. Even if you don't have such plan, you can still invest and get the reward in the future.

The reason is Nigeria is still an emerging market, most of our stocks are still under valued so if you buy and forget now, you essentially buying at a discount. If anything, just invest in the FUGAZ stocks and continue to invest abroad. You will be glad you did.

Happy Investing out there Chief.

The Yakubu here is really bad; however, being patient will definitely pay off in the long run.

Emzedz:
Weldone sirr.. hw profitable is itt over there

How are you, bro? How is your trading going? I don comot Naija equity and am now fully into foreign stocks.

welzyj2:
😅🤣🤣🤣

The current yakubu hasn't affected our gains at all

It's only individuals that started maybe early this month that could be close to their investment capital

More Yakubu and Kanayo will still happen during the course of the year.

This is foreign equity; you can buy Naija equity when it's dipping as well.

Ogborokiri:
Can we still buy the dip on equity

Samsung is going on strike; those trading foreign equity should expect tech stocks to bleed more aggressively. However, now is the time to capitalize on the chaos and buy the dip. During times of chaos and turmoil, wise investors relax and make money.

Thunderatic Yakubu has entered the foreign market. I'm going to buy the huge dip today.

Emzedz:
We need kanayo today oo

Very very very high risk, bro.

Emzedz:
Jesu.. can I invest in u for ds koru baba.. mk ds blessings no pass me by

KORU did +17% yesterday; today might be sluggish or tiny green.

Emzedz:
So no hope for koru for us in bongo

Of course, price resistance, breakout, and support level are what's making my brain go gaga.

welzyj2:


I presume good nuts 🤪

Pre-market seems to be flaring up. I hope it can do +3% to seal my gains.

auschris:
That was yesterday May 12th

Yes, I was still asleep when I checked.

auschris:
That was yesterday May 12th

Sorry, I was still sleeping when I checked. Now, I saw -0.43. My foreign portfolio is making my head go nuts at the moment.

welzyj2:
Wawuuuuu

Did you top up

Mine is -0.43%

CS did 1.77%

welzyj2:
Zed will turn up as always even if na small %