₦airaland Forum

Someone should advise me. Is it true that Equity should not be left as a long term investment? What is the max time is considerably safe and advisable to leave them on?

Equity to me is not lock and forget, stocks with good fundamentals that i believe you can switch off from checking either bull or bear for 5 years

But when he is investing his money, there was no suspicion. I just tried to cash out from CS, Cowrywise and paramount.

Cowrywise dropped within 5 minutes..I am still waiting for CS while I could not cash out from paramount at all.

Does anyone know when EF can be withdrawn from Paramount? May be it's too early for me to withdraw from Paramount.

Ensol:
If it was already verified during account opening, then they have no reasons to request for it again except they felt some suspicions

So we can top up right now?

welzyj2:
My thoughts ooo...not a financial advice. The market is still trying to get a good balance but ASI won't come below 250 next week

Topping up to reflect on Monday is a good step. I see next week being better than this week

Mind sharing their email address?

Svoboda:
Send an email to enquiries. Their response time is impressive, or you could have called customer care before close of work.

House, how can I go about ARM verification? When tapped "reason", nothing is there. What is the best way to contact them?

Most ladies are actually supporting Chike's action. They said he is the boo of the booless. The point is, how is he going to get endorsements and recognition he deserves after he has navckid a married woman?

Okoyeeboz:
This thing will adversely affect Chike's career and he deserves everything that comes with it.

I have funds with Paramount, CS and Cowrywise. I think Cowrywise EF is not doing badly either. It was for a few days they were on Kanayo but they are also doing Yakubu right now. In my opinion, I think Cowrywise EF will be among the top 5-7 in Nigeria.

Iamblessed8888:
I was in your shoe a while back and i wanted to leave cardinal stone, until it brought 7% returns in one day. Made over 2M that day. I’d say, stick with the winners.

Zedcrest
Paramount
Cardinal stone.

I love paramount coz it does not have alot of stocks in its basket. Only a handfull of solid picks across most sectors. It’s not zedcrest but i’m damn sure none other comes close, except maybe CS but definitely not cowrywise. Perhaps Zrosk also but they dont have an app and only give monthly updates.

In my experience, there are quite a handful of days when paramout outperforms Zed. Yesterday for example.

The funds in cowrywise’s basket aren’t exactly the winners.

No, I am not interested in all those. It has always been ending in loss for me. Thanks anyway.

Alexas58:
I’m not on Bybit
But if you want my login details for normal broker
Here they are

Are you copy trading on bybit at all?

Alexas58:
Competition is up and running
These are the list of participants.
This is not a demo account, traders are going to be playing for 6 months.


So you watch and support your favourite traders, we are all doing it live for all to see..

Welcome to real trading life.

Copy your favourite traders now !, and make money.
Watch them execute and place trades

Zedcrest might possibly be into loan also. Anytime I reach bongo, I will join Zedcrest. Those guys surely know their onions with what is happening across all other FMs.

Niiade:
Zedcrest no dey gree o where dem dey see the money

Amen and I tap into this my brother. Though someone like me is just getting started into this. But I know it's never too late to delve into this.

CSblackpink:
I just took out the money I invested in Zrosk last week to concentrate on this FLXK. My broker allows a single ETF per portfolio, as it is deemed dangerous to have multiple volatile ETFs in a single portfolio. My SMH is also second in the rank, followed by URA and BATT. I hope God will give me the strength to work hard for another 10-15 years and retire.

Hi house, can I buy some units from UBA now?

And pls how can I claim all my dividends in my cowrywise stocks e.g dividend from MTN?

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

I just tire, my brother.

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

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

That competitiveness is really healthy and good for investors.

ollypass:
True this ..still a marathon sprint

Thanks for your submission..

Can you state atleast five bank stocks that one can continuously investing in for long term purpose?

Beeron:
Standing facility corridor, overnight borrowing, Services fee deduction, ATM maintenance fee deduction, Treasury bills, OMO, High interest rates on loans, loan fees, account maintenance fee.

Nigeria banks can never go broke because they are thoroughly and conservatively managed and controlled by CBN.

Once CBN notices one non-profit making bank ( and that trend continues), they will take over the bank, which is why recapitalization was necessary to quickly filter out banks that don't have the money, either those bank merge with another bank or be sold.

It's a sin for a Nigeria banks not to make profit in Nigeria. This is why Nigeria banking sector is regarded as the most well managed sector in world even banks in the first world doesn't come close. They are only advanced in operational efficiency but when it comes to management from the top. Nigeria banks is number one In the world.

So for long term purpose, either yakubu or Kanayo, we can always top up our equity fund right?

CSblackpink:
Mama equity, treat your equity fund like your MMF; keep topping it up with any amount you have.

I deposited fund into my paramount EF since Friday, however, this has not reflected since. Pls can someone tell me what is happening?

Allboiz:
Yakubu manage

Try manage!!!

So yakubu is red while Kanayo is green right?

You people will not kee me o lol. Catching cruise while making money

CSblackpink:
If you are not happy seeing Yakubu, equity might not suit you.

Do I have to update both my CHN and CSCS or what do I have to do here?

I thought we suppose to have the 1 CHN only but different CSCS for all our FMs.

CSblackpink:
It's my foreign broker's app, "StashAway."

Congrats Bro. More wins. If I may ask, which app/patform is this?

CSblackpink:
The closing bell. This is my first time making 1000 USD returns in a single day. God is benevolent. I will start preparing for Yakubu right away.🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🥰🥰🥰🥰🥰🥰🥰🥰🥰

CS= 1.15%🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

With all these withdrawals here and there, how are we going to take care of Tinubu Tax return filing? Are these tax-free or the tax has been deducted already?

LoriHamo:
That Quantum Zenith Voyage?

Tuehhhh

NEVER AGAIN..... those guys are mad mbok

I did withdrawal in ARM....funds dropped IMMEDIATELY

I did in UCAP...funds dropped in less than 6 hours

I did in Quantum Zenith....after going to cyber cafe to print forms and fill .....it took 2 CIVILIZATIONs for them to credit me.....I mean 2 GENERATIONS....at a time....I gave up and wrote them as an inheritance for my would be grandchildren.....so they can pursue the withdrawal when they grow up

Tufiakwa

Kindly share your YouTube channel with us.

How can we be trading stocks weekly? Are we going to be buying stock and dumping them weekly?

Beeron:
If you are below 50 years old. Follow this set up:

*50% MMF (Gains from here goes into buying the dip in Equity red days and other family expenses)

*30% Equity mutual funds (Money growth long term for bigger projects to be projected year on year, secondly this returns will always beat returns from MMF)

*15% Individual Stocks picking (Follow my YouTube channel for weekly stocks picks and make consistent gains on liquid large cap stocks, cash out and go enjoy your life with the gains or support your family, imagine making 6-9% on different stocks, patience is required too but gains will always be locked in)

*5% Emergency cash (You will always need this when all your money has been invested)




If you are above 50 years old:

*70% MMF (proceed should go towards building for rent and earn from that)

*20% Equity mutual funds (spread among best performing equity mutual fund, Cardinal stone is a must)

*10% Cash


If you are 60 years and above:

*80% MMF (proceed should towards building for rent and earn from that)

*20% Cash

If you lucky to have a son or daughter who support you with money, take the money and buy strong individual stocks and dividend paying stocks, even if you pass away, your kids will continue earning from the small change they usually give you. Inform them about the investment too

Thanks for this.

Why did you recommend Cardinal stone for stock trading as a beginner? Is it because CS has 'buy" and "sell" option?

Beeron:
I would have recommended Cardinal stone but you need atleast 150k to enable you begin to trade, Naaah, not everyone can afford that. Another is Meritrade by Meristem, too advanced and not all that beginner friendly.

I strongly recommend Trove or Bamboo.

Stay away from Afrivest app if you don't want to regret trading, because you will spend more time complaining to their customer support than trading.

After you join Trove or Bamboo, look for their Telegram community, they both have telegram community where customer support will quickly solve any app issues you encounter in real time. I am in those groups as well suggesting/recommending stocks and helping people out with their portfolio, both Nigeria and foreign stocks.

Trove customer support is more responsive on Telegram.

To confirm, so I have to use investnaija app to access Paramount equity fund right?

CSblackpink:
Paramount is doing well, and the app is mobile-friendly. My advice is to stick to CS and maybe add Paramount. Zrosk is a bit pricey.

Ok, thanks.

You didn't complete the information on zrosk sir.

What about paramount? What does their app look like?

CSblackpink:
Zrosk does not have a mobile app; you need to fill out a form on their website, and the onboarding process will be forwarded to you. Moreover, Zedcrest only works in Naija, the UK, and the USA. Lastly, Zrosk is

Hi my people,

Is it safe and is it not going to be cumbersome for me if I use web in signing up with Zedcrest and Zrosk? I can't download their apps due to my location.

I want to be consistently investing by topping these accounts.

Thank you all.

CSblackpink:
ZZCP( Zedcrest, Zrosk, Cardinal and Paramount are on top of their game.

I will like to connect with people in Ottawa. I will start my study in January.

Hope to meet y'all very soon..

Hello House,
My PPR just landed right now. I have been ardent reader (Guest) of this thread, and I must say I appreciate everyone one of you. I learned alot here during this journey.
I will post my timelines and list all the documents that I submitted later.

Btw, is there any group for Ottawa or even Ontario, I don't mind to join. I am going to Lambton College, Ottawa Campus in January. I will be happy to connect.

Do you know your curriculum at the college? If you don't know, ask the college about the curriculum for accounting program. If computer courses will not be part of your studies, I will advise to look for another program.

The time of gambling this Canadian journey is over. What's the essence of spending multi million naira without PGWP?

Evann:
Hello house, please I need your opinion on this.
I got admission to study accounting at a college in Ontario. Right now I am confused wether I will be eligible for pgwp. Going by the new eligibilty criteria for pgwp, accounting and computer science is the only one listed on ircc website.
I don't know if they are seperate or together.
Please your suggestion is needed, below is the link

https://www.canada.ca/en/immigration-refugees-citizenship/services/study-canada/work/after-graduation/eligibility/study-requirements.html?utm_medium=email&utm_campaign=Important-Updates---Oct-2024-%28for-students%29&utm_source=Envoke-Student-mailing-list-as-of-Oct-8%2C-2024-%28202510%2C-20252&utm_term=Douglas-College---Important-Updates---Oct-2024#field-of-study

Congratulations! I am happy for you.

Btw, which province are you going to and which field are you in Tech?

MarksmanD:
PPR alert!!!
My BVL dropped 24 hours before my PPR came.
My application timeline was 13 weeks. There was no update on the New portal tracker and the tracker account I registered on. Even when my BVL dropped before the PPR. Nothing changed on the tracker.
IRCC will humble you, but trust in Jesus, he's forever faithful and merciful.

I'm a first time applicant and I did my application process myself. I used the New portal. My POF documents alone was almost 100 pages. SOP documents was like 30 pages and I compressed it to 1.8mb. I used almost a month to write my SOP, because I needed to sell myself, not just as a mere student, but as someone who will make valuable contributions to the Canadian economy with my professional skills.

A total of 45k CAD was my budget for this application.
Documents used:
1. GIC (20,650)

2. First semester tuition receipt (11k CAD)

3. Tuition balance in my domiciliary account(8k CAD)

4. Flight and ancillary expenses of 5k CAD.

5. 15 months payslips and invoices from previous employer to my current employer and side gigs. Bureau de Change deposit slips.

6. Housing deed of gift which was legalized by the court.

7. Promotion letters (I had like 3 promotions in a year and 5 payrise when I worked for some Nigerian companies). Reference letter as a volunteer for an NGO.

8. My sponsor notorized the sponsorship letter. He also sent the full money I needed to my account. He gave me a copy of his residency permit, passport data page, investment account statement, employment letter and work permit, payslips for a year and his most recent picture.

9. I used my parents as home ties. I hardly take pictures of myself and I had no recent picture with my family, so I used family pictures of when I was a teenager and I added a recent family picture which I wasn't in.
I have a registered business which has never been operational since it was registered almost 2 years ago. I explained the reason my course program would give me the required skill needed in running the business when I return to Nigeria (I didn't submit a tax clearance because the business has never operated. But I submitted the CAC and shareholder documents).

10. Previous study visa rejection letter from another country's embassy. The admission letter of the school that admitted me (Still the same study program as in Canada. My study program is on the list of the programs Canada wants and would give PGWP for). The full tuition receipt I paid and the tuition refund receipt.

11. I'm in tech and I have been in the same job role for almost a decade. (I have worked remotely for companies in the top 10 tech countries in the world list). As a remote worker in Nigeria, you need to have multiple receiving accounts because of different clients and employers would give you their best option to send your money. I had 4 different foreign receiving accounts. I explained each and every transactions I got in them (I had lump sum transfers) and why I had 4 different receiving accounts and their pros. Even when I realized that I didn't attach some lump sum receipts to my POF documents 2 months after my application, I sent it with Webform and explained it.

12. My SOP explanation letter alone was almost 10 pages. I was truthful with my application. Where I had an error, I stated it and I showed proof on how the error came about.

13. I did upfront medical at Q-life because it was cheaper than IOM a week before I submitted my application.


This whole Canada thing was orchestrated and led by God, and all the glory, honor, and thanks belongs to him.

I acknowledge the effort of and I thank @Zubizareta and @JMG (Just Move Global), they patiently answered my questions on Whatsapp for free when I started this journey. Special thanks to others who answered my questions on Nairaland.

To others waiting, it's just a matter of time for your own testimony too in Jesus name. At a time I got tired of waiting. My admission process took over 2 months. My visa application process took over 3 months.
Never stop praying and never stop trusting God. Please, be truthful in your application. If you are stuck and need help with your application, you can shoot me a mail and I'll try my best to reply to them.