₦airaland Forum

You don’t need to dress nice to let people know you have money. Just check your bank account. It won’t lie to you! It’s time to take charge of your life!

Thank you, please is it meritade or arm ?

gamaliel9:
Good morning everyone. On suspension of my trading account

@ Zimams, last year i did that KYC with them.Where i was even required to input my bvn too.
@ Hamachi, I have written to them this morning, and waiting for their reply.
@ Toluway, I bought with market price, i was buying long term till Zenith bank disappears . Meritrade suspended my account sometime last year, then accused cscs..then told me it will be sorted out. After three days, they informed me that i can start trading again. No word on what caused it.

This is a good result considering the Pandemic year

Mcy56:
WEMA BANK:
http://www.nse.com.ng/Financial_NewsDocs/32462_WEMA_BANK_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2020.pdf

emmanuelewumi:
Exactly. It is a speculative position, which I take once in a while

It is a 180 day loan, with opportunity for a rollover.

If it is a term loan needed for the expansion of my business, I can borrow 100%

hmmmmmmmmmm

The investor’s chief problem, and even his worst enemy, is likely to be himself — Benjamin Graham, Warren Buffett’s mentor.

In 2020, it seemed like stocks/cry.pto only went up…

You could buy almost any growth stock and you’d be up at least double what the S&P 500 is up.

My individual stocks are up 220% in the last year.

I say this not to flex but to highlight that despite not being a master stock picker, I have greatly outperformed the market.

This is NOT sustainable, yet a lot of new investors think it is. When I explain that returns of 7-10% are more realistic long-term, they laugh.

Control your ego, for if you don’t, you’ll eventually be punished by the market.

emmanuelewumi:
Investment is a game of probability and calculated risk.

That is just my own risk management strategy

If I have a portfolio of N10 million, I won't leverage more than N2 million eventhough the lender allows me to draw up to N10 million.

In case of any mistake in my forecast and calculation, I can always come out fine without losing my shirts and swimming naked.

Are you saying you will not borrow more than 20%?

emmanuelewumi:
Try microfinance banks at 3.5% per month, that is 42% per annum

What are 3 most important financial ratios we should study before investing in stocks?
What are the best ratios to look for when buying a stock?
I found an interesting article by John Dobosz (forbes stuff) which will give the answer to your question! Here are ten financial ratios that can tell you most of what you need to know when you’re scouring the market for good stocks to buy.

1. Price-Earnings Ratio (P/E): This number tells you how many years worth of profits you’re paying for a stock and you calculate it by dividing the stock price by earnings per share. All things equal, the lower the P/E the better. The most frequently used earnings number in the calculation is the total earnings per share over the past four reported quarters. You could also use “forward” earnings, which is the average of Wall Street’s forecasts for the current fiscal year.

2. Price/Earnings Growth (PEG) Ratio: The PEG ratio is another Benjamin Graham invention which attempts to measure the degree of a discount or premium you’re paying for growth. The calculation is to divide the P/E ratio by the long-term annualized percentage growth rate of earnings, ideally the next five years’ worth. A result of less than 1.0 implies that the market is not fully valuing the prospects for future growth.

3. Price-to-Sales (P/S): Similar to the P/E ratio, the price-sales ratio divides that market capitalization of a stock by total sales over the past 12 months, instead of earnings. Popularized by investment manager and longtime Forbes columnist, Ken Fisher, the price-sales ratio tells you how much you are paying for every dollar in annual sales.

4. Price/Cash Flow (P/CF): This useful measure of value is obtained by dividing the market value by operating cash flow over the prior 12 months. It strips out items like amortization and depreciation from earnings and focuses on cash generated by the business. This provides a better way than P/E for comparing valuations of companies from different countries that have different depreciation rules that can affect earnings.

5. Price-To-Book Value (P/BV): This ratio tells you how much you’re paying for every dollar of assets owned by the company, and you calculate it by dividing the market capitalization by the difference between total assets and total liabilities. The idea is to approximate how much money you could put your hands on if you shut down the business and sold off everything. As with most price multiple metrics, price-to-book is best used by comparing present multiples to historical averages.

6. Debt-to-Equity Ratio: The fundamental accounting equation tells you that assets equal liabilities plus equity. The debt-equity ratio is a measure of financial leverage telling you the percentage of a company’s assets financed by debt. The formula is to divide total debt (or just long-term debt) by shareholder’s equity, two items both found on the balance sheet. Off-balance sheet items like pension obligations should also be treated as debt.

7. Return On Equity: ROE measures a company’s efficiency at generating profits from money invested in the company, and it is derived by dividing by net income by shareholder’s equity. It’s a very handy measure of management’s effectiveness but it’s not useful for ascertaining value of early-stage companies that do not produce profits. For example, Tesla Motors (TSLA) has a -115% return on equity.

8. Return On Assets: Similar to return on equity, return on assets is a measure of management effectiveness obtained by dividing net income by total assets. A company with a higher ROA is usually preferable to one with a lower ROA, since it shows the ability to grow profits more efficiently from a given base of assets.

9. Profit Margin: Rising sales are great but they’re not so wonderful if they come at the expense of profit. Profit margin shows how much a company earns from each dollar of sales and is arrived at by dividing profit by sales. The number you get depends on the kind of profit you choose. Gross profit, which is sales minus cost of sales, is the simplest measure. Operating profit is gross profit less overhead items, and net profit (income) is what’s left after paying taxes.

10. Dividend Payout Ratio: If you are looking for yield from your equities, a fat dividend yield can appear quite enticing, especially in a low interest rate environment. The danger of a high yield is that it can be unsustainable, and when it’s eventually cut, you not only lose out on the income but the share price will often take a hit.

Good luck!

Trading itself is a harmless activity. It is as harmless as eating an ice cream. But yes, you all know what happens when you eat 6 ice creams in a day. You will obviously catch cold. It can be as pleasant as creating something new. Because when you trade well, you make money. At times, lots of it.

What makes trading dangerous is the trader himself. And yes, it can be awful. It can be destructive and humiliating. A series of bad trades can shatter the trader's belief in himself. This is how trading is dangerous:

1. Trading losses can wipe off one's capital and drive one away from the market. At times, forever.
2. Intraday trading is a roller coaster ride. It can subject one to extreme emotions of invincibility and defeat within a short period of time.
3. It can make one believe that everyone else is stupid. “Why are these people working 80 hrs a week when they can earn a month's salary in a day?” There is no shortcut to success.
4. It can make one think one is a loser even if one is not. Many traders cannot help but regret those trades where they would have earned much more had they not exited early or the trades where they would have not lost much had they made an early exit. One often fails to understand that one 'wins' when one is on the right side of the trend. Wins or loses in the market should not be taken personally.

One must remember that although markets are getting increasingly dominated by high frequency trading systems, it is humans like you and me who design these systems. These systems can act only in the way they are programmed. These systems cannot ever be a replacement for the human mind. These systems will try to fit new occurances in their own scheme of things. These systems obviously lack the human quality of curiosity. They will fail in case of a black swan event. But a few humans will smartly make money from the same event.

Stock market becomes a casino when you trade every time you sit in front of your trading terminal. It will not be so if you decide to take only those trades where the rewards far outweigh the risks. The secret of success in trading lies in knowing when not to trade. The lesser one trades, the better are the trades one selects.

Having said all the above I must confess that I am still learning how to be a good trader.

DO NOT COMPLICATE THINGS
When you see? invite them
Have a question? ask
Do not like something ? say it
Want it? Go get it
Love a soul? Tell them
Stop over complicating things, the best way to get what you want is getting straight to the point

Here another business Idea

As more phones get wireless charging capabilities the demand is rising
You can buy chargers in Bulk and ship from china on Alibaba

Terriwaya:
Man this dip really did me dirty. In so much loss I can't back down now

They dot call you terriwaya for nothing, keep it real man, down but u aint out. Prove the naysayers wrong!

Ada, bnb, polkadot
Gentle reminder
Cry.pto is a SPRINT not a MARATHON, once you make a profit take ASAP Welcome to to the club.

lalalista:
Which is the best coin to buy as a newbie?

Also it is very Volatile unlike STOCKS & Mutual Funds

That what it means by domestic equities, you still young and can afford to take risk but just ensure they are calculated risk

Kennyking1234:
I did, Fcmb shares sold them.

Interest rate 15.95% Olorun oooooooooooooooooooooo

emmanuelewumi:
Mail from an Investment Banking firm yesterday

Morality aside, the reasons the richest 1% own more than half of the world's wealth:

• They're not afraid to take risk
• They're visionaries
• They think for themselves
• They think long term
• They keep what they own and pass it down to the next generation

The investor’s chief problem, and even his worst enemy, is likely to be himself — Benjamin Graham, Warren Buffett’s mentor.

In 2020, it seemed like stocks/cry.pto only went up…

You could buy almost any growth stock and you’d be up at least double what the S&P 500 is up.

My individual stocks are up 220% in the last year.

I say this not to flex but to highlight that despite not being a master stock picker, I have greatly outperformed the market.

This is NOT sustainable, yet a lot of new investors think it is. When I explain that returns of 7-10% are more realistic long-term, they laugh.

Control your ego, for if you don’t, you’ll eventually be punished by the market.

Investing is not a joke. Losing your money and livelihood is not a joke. When you’re investing in great companies, you will have very little to worry about. When you’re gambling and investing based on speculation, you’ll have a lot to worry about.

How you handle market corrections and crashes is everything. One issue is that many novice investors don’t understand how to handle volatility. Losses primarily come from timing the markets, panic selling, taking profits too soon, and buying bad companies. If you’re buying solid assets, you should have the confidence to hang on to them and watch them turn into winners.
Patience is Profits! But having the right strategy with that is a must.

How are you playing turbulence in the markets?

Are you sure, I have not been there for a while now let me check and get back to you

ebukason3:
What happened, The group disappeared from telegram.

Marijuana stocks have been making headlines as the industry shakes up with companies merging such as Aphria with Tilray, and Jazz Pharmaceuticals purchasing GW Pharmaceuticals.

It’s likely that we will see more regulatory approval of marijuana with this new office, and it’ll be interesting to see how these companies evolve over the next few years.

Marijuana stock to watch out for
Trulieve
Curaleaf
Innovation industrial
Green thumb
CrescoLabs
TerrAscend

How to pick a good paying dividend stocks
Here’s a ball-park criteria for identifying a good dividend stock. There are great dividend stocks that don’t follow this criteria too, and there is also many other things you can look at to determine whether a dividend stock is a good buy or not.

1. Is the payment ratio less than 60%
2. is the dividend increasing every year?
3. Is the company consistently profitable?
4. Is the debt to equity ratio less than 1.50?

Don’t hesitate to ask me any questions!

Have you gotten it resolved?

gamaliel9:
House, what could be the problem?I wanted to buy 50k units of zenith bank today through ARM Securities..and my account was suspended. Why?

What is the solution? Though i will contact them tomorrow to know why it was suspended. My Meritrade account was suspended sometime last year but was later reinstated giving me the excuse that that it was CSCS suspended it not them.

It’s in relationships and marriages, people take advice from those who failed.

If you want to pass an exam, you speak to the first class student

If you want to start a business, you speak to a successful businessman.

Good morning

Shut up The narrator is spreading fear until they interview the drivers before we can get a first hand info

Makemefit12op:
A video was shared by a Twitter user, alleging that foodstuffs going to south from the north are being told to go back.

https://twitter.com/i/status/1365198834469646336

Who is scared of young northerners getting an education?

Why are these bandits attacking schools repeatedly?

Who is cashing out from this scam and criminality?

What will the federal government do about this endless kidnapping?

Why is Shiek Gumi on about amnesty?

Okay there is thread for such discussion let me link send you the link

elmas:
Yes boss

https://www.nairaland.com/6431880/abc-investing-us-stocks-market#99418738
https://www.nairaland.com/5669161/us-stocks-pick-alert/275#99426653

elmas:
I know nothing

Would you like to know?

DextrousDavid:
baba the link no work abeg.. been trying to upload a screenshot of it since sef.

Are you on Telegram?