₦airaland Forum

Streetinvestor2:
I would have agreed with u here because I don't know your financial power.
Then I have tried it in the past and now I don't fancy it.It makes you have little of everything which makes you lose out in the big performing stocks. So I have been rebalancing to have concentration on not more than 12 in investment portfolio. Then have another portfolio for jijo games

It is working perfectly for me plus i don’t any concentration risk. Plus it’s to happen with my approach, I don’t plan for sell any for a very long time. I only keep consolidating them, any month they fall under the top pick for the month.

Well all man has to follow their conviction, there is no hard and fast route; in this market when nobody has the power to tell the future decisively.

talk2yommex2000:
How do I get FBNQ App, and is the app stable please? Thank you

Same way you get every other app, app store or play store.

I can’t define “stable” in this context, my own is so far i can carry any transaction as intended; everything is as right as rain.

ManAdii:
I stated my goal already

With your goal in mind, you don’t need anybody to tell you what you should add or remove.

For instance i would likely have upwards of 40 stocks in my portfolio every year why? It is based on my approach and objective - which is buy the most discounted stock with the best long term value, every month. No matter what that stock is.

Everybody can have his/her pattern. No be the same shoe size everybody dey wear. Stick with your conviction.

BigYash:
Poverty dey ,greed and laziness dey. These girls make lots of money from prostituting annually,they will rather use the money to do bbl,buy bags ,shoes and hair, instead of investing it ,and resigning from the olosho industry..

Greed. It is pure greed.

You just said it all, buy buy buy. Millions pass through their accounts yet they have nothing to show for it.

Wealth gotten by vanity should diminish!

emmasoft:
However, a soft landing is that you can pay your cash (dollars) into their Stanbic dollar collection account. So investors are not restricted to only transferring to fund their dollar fund account, which will remove the charges involved in transferring funds from a dom account. This is still a better method compared to what is obtainable with other fund managers.

Good info.

Looks like i’d finally go with norrenberger dollar fund, I’d open Stanbic dollar account in the coming week.

Standard chartered is asking for too much, just for me to maintain Stanbic dollar fund and offering me too little.

It would be in Stanbic Asset Managers’’ best interest to look for a way to influence StanChart, so that their clients can keep their StanChart dollar accounts without the N7.5 million minimum investment requirement.

t33why:
All good here for myinvestar, had this issue with my Norrenberger app and web, the day I was lucky enough to get into it, I withdrew all my funds

Thank you for this review.

I am considering Norrenberger with all this Standard Chartered wahala.

Then again, to be fair reflecting on my experience with FBNQ App, your inability to login might have to do with your network. Before i always struggle to log-in it was later I realized if the network isn’t strong enough, it won’t log me in.

Preator:
I dont really know what the furore around the new tax law is. The law is mostly targeted at the rich and comfortable. Almos lt every poor or struggling nigerian will either pay no tax or experience reduction in tax. If you are impacted by the tax law, it means you earn well by nigerian standard(circa 20m a year)

The electronic money transfer levy is not a new tax. They just shifted the burden from receiver to sender. So no vendor should ask you to add N50 to any transfer anymore since you will be paying

I knw there are some fears around the indirect taxes but even those do not impact the masses. Na all of una with millions in Capital and money market the guy is asking to pay more 😂

This is why illiteracy is a threat to Nigeria.

The people that have no money, that the new tax law will favor are the ones making the most noise.

Is Stanbic MMF trying to whining me.

I have started shorting my Stanbic MMF position and moving to FBN MMF and Stocks, only to see this lol

I hate whining, I have garnered energy for follow through and follow through it is. If they keep up good rates i would consider sending a generous sum there each month till the end of 2026, God willing.

Diamond098454:
That's wickedness

I don’t know if its lack of wisdom.

Most ladies nowadays don’t know how to preserve peace and keep a home.

irumole1975:
This is actually okay (I’m not being sarcastic). If I was the one paying the rent and buying groceries, I’ll stop doing that too as a man. If rent is due I expect her to pay. If she pays and she’s not okay with me staying there, I’ll move out. I’m not angry, I just stop investing in what doesn’t benefit me.

I’ll take my money and start eating out.

This is how most men think, A woman starts conflict in her home and she don’t back down from it. The woman better be ready to take responsibility of being the head of the family soon.

There can’t be two captains in a boat.

Feminism is an agenda of hell to break-up as many homes as possible, yet foolish keep falling into the trap.

awesomeJ:
Not the same.

My mentions of you are necessary responses.

Your phrase is a redundant repitition.

We have heard you sir

Do your thing

awesomeJ:
Obviously. Why do feel the need to repeat the obvious??

Same way you feel the need to keep quoting me lol

awesomeJ:
Didn't you read my post well?

When did I ask you to pivot?

All we do here is clarify misconceptions. When you make your billions will I spend from it??.

I have read your post very well now.

Do what works for you!

awesomeJ:
Time is precious.

I don't watch unnecessary videos.

You on the other hand should learn about leverage.

It is not by force nau lmao

Do what works for you, i will do what works for me.

awesomeJ:
That as well is for you.

People who know more than you understand that borrowing isn't always about overspending.

Watch the YouTube video. It’s all starts with people thinking they are smarter and they know more.


https://www.youtube.com/watch?v=02POqrHMhyg?si=iiFXAdBORy6kRyEy

I will stick with the basics.

Do what works for you

awesomeJ:
Borrowing only implies living above your means if you're borrowing for consumption.

That is for you. For me borrowing for anything at all implies “I’m living above my means”

Do what works for you.

Mankind2024:
CHARLIE MUNGER:5 RULES THAT MAKE YOU RICH 4EVA.
NB:AI GENERATED AUDIO VOICE FROM MUNGER'S FILE.


https://www.youtube.com/watch?v=02POqrHMhyg?si=iiFXAdBORy6kRyEy

You heard what was said about “Leverage”.

One thing i can never do is borrow. Whenever the discussion comes up and people ask me - i tell them the dumbest thing - “God told me never to borrow”. They likely laugh but it is true? Yes.

Apart from this, with borrowing I feel I am negating rule 1 - always live below your means.

pluto09:
You mean a newbie should buy Transcorp hotel with a p.e of over 100

You too can see the kind of advice you get here for yourself.

Later when i clarify for newbies, they go talk say make i no clarify too much nobody is a baby lol

If you are reading this, just know that everyone is pushing an agenda that will positively affect their portfolio: do your own research

FrankyJay55:
Chai 🙆🏾🙆🏾🙆🏾
What a country we live in!

When i say Nigeria can never get better because “Nigerians” are bad people and the problem, you say i am mincing words.

On this same tread, you see some people trying to discourage other from speaking up. All kinds of characters destined for hell, are in Nigeria.

vacanci:
Vitafoam might go into full bid from tomorrow. At what price do you think one should stop chasing it. I will love to buy it and hold for medium term

I love @bolded.

Harddiskng:
1) Never make a particular stock more than 25% of your portfolio value. It’s a good stop loss.
2) It is better to be in for the long haul, so buy companies with good financial fundamentals. Then give them time. I don’t plan on selling any of my buys in the next 5 years.
3) Make investing a habit. Come rain, come sun shine.
4) Don’t follow the crowd blindly, do your research!
5) Always at what price, you should stop chasing a particular stock

sundayakasdy:
Point 2, how do i know the real financial fundamentals of any company we choose to invest with please,kindly guide me am new to stock trading.

ChatGPT can help you with the basics (see screenshot). With time you can up with your own system.

System - currently I have an excel template I developed myself, i just need to copy recent data from some websites and it populates. The ascepts I check might not resonate with you. That’s why you need to come up with your own system.

Agbalowomeri:
Is anybody here a baby that needs to be spoon-fed? The role of discussions is to compare strategies and analysis. If anybody copies without domesticating strategies, then he/she shouldn't be in the market in the first place.

You would be surprised what some people would take away from a conversation when it is not properly clarified

It is not about being a baby or not. You can see the influx of people new to this.

Some would likely take it as an advice from a veteran, undermining the risk.

I can’t count how many stock suggestions that should be ignored some people have taken here and had their fingers burnt.

ositadima1:
As a science student, you should also understand how this works. What Mr. Emma is saying about using loans to acquire stocks is plausible, even in Nigeria. Let me explain why, based on my limited understanding.

You carry out a thorough valuation and identify a stock that is deeply undervalued,essentially at a giveaway price. But, you may not have the bulk of the required funds available as cash at that time, even though you have stable and reliable income sources that generate cash annually.

The plan is to service and clear the loan using these independent income streams, not relying on the stock itself, within a maximum of two to three years. It is important to note that you do not hold the full loan for the entire two or three years; both the principal and the interest are gradually repaid over time.
In this scenario, even if the stock price declines, perhaps because the broader market enters a bear phase, you can still service the loan comfortably. Price appreciation was never the primary source of repayment. At most, dividends from the stock may serve as a secondary support, not the core repayment plan.

At the bolded is an entirely new discussion.

You just said you have the ability to service the loan irrespective of whether the venture you took the loan for succeeds or not.

Let’s always clarify, there are different kinds of people reading this, including those without the ability to service the loan if the venture fails. For them using loan to buy stocks should be a capital NO.

chimex38:

As for this analogy, before I jump off the plane, I will discount worse-case scenario of where I might land.
On a mountain, Ocean, dry land, dense forest, roof top of building, heap of desert sand, or a thick vitafoam mattress. .

After assessment, I might just take the leap where the likelyhood of a direct vertical fall on a failed parachute might just be one of the latter two.

Lmao. This man!

If you are not a science student, atleast did you do further maths?

Is acceleration due to gravity a joke to you lol.

At that altitude and acceleration, falling in ocean would make no difference as to hitting a concrete slab lol

Zero or negligible chances of survival in every scenario. If you do, it can only be God. Na to start preaching the gospel all over the world.

chimex38:
The person you quoted is giving you both his real life and real time examples and facts and you still say it's "hypothetical" and saying its a no. Like it isn't possible

You are not reading to understand. Remember we are talking about leverage to buy Stock (not run a business).

Fact 1 - it is the most terrible idea you can come up with in present day Nigeria.

It’s very simple maths. Best loans you can get are going for 30 - 45% rate per annum. Again remember rule of 72 - meaning the amount you would repay would double at earliest 2.5 years.

Mind you that poster isn’t speaking from experience, he is not in a 1st world country. He is here with you and I in Nigeria. He hasn’t even tried the idea is he postulating. He has never taken loan to buy stock, y’all need to careful when being exposed to other people’s ideas.

Let me give you a perfect illustration of what the idea is in the Nigerian context - it is like skydiving, you jumping off a plane, but here is a catch. There is a 50% chance your parachute will open or not (these stocks can appreciate or tank, you are not God). Would you take such a risk?

emmanuelewumi:
What is bad is using leverage based on the current valuation of our portfolio. Eg having a portfolio valued at N100 million, but the dividend paid in 2025 is N3 million and it is expected to grow by 10% for the next 5 years but you got a loan of N50 million against the portfolio. How can the dividend service the loan.
……

Let’s stop speaking hypothetically, this is not a Masters class where we are learning just to get good grades. We are here to learn to earn.

“Hypothetically” speaking leverage is not all bad.

Realistically speaking the person (I can bet he is a banker, or something along that line) you quoted already gave you solid facts and figures why trying use a loan to buy stocks is the worst of the worst idea you can have in the current Nigeria

Mankind2024:
High-Interest Debt: A Guaranteed Path to Losing Ground
In Nigeria, consumer loans and credit card debt often carry interest rates of 27–36% annually. Meanwhile, long-term stock market returns historically average far lower (global benchmarks hover around 7–10% after inflation, with Nigerian equities showing volatility but no consistent outperformance of debt costs). Borrowing at these rates to invest mathematically erodes wealth: debt compounds against you, reversing the power of growth into compounding losses.

Read again. Maybe you didn’t see his solid points.

This has been addressed many times, In 1st world countries with single digits interest rates.it is “Maybe to Yes” for leverage. In Nigeria, is a capital NO except you don’t value your well being.

InifinteXR:
I won't continue this conversation with you until you research about type 1 and type 2 muscle fibres and their distribution in male/female adult, along with bone density in male and female

Lol at type 1 & type 2 muscle gibberish.

Oga strength is largely genetic. In other words it is subjective

InifinteXR:
What's this one saying like this, why not compare any male UFC fighter to the strongest female UFC fighter,

How can you compare an untrained man to a trained woman, of course the point of training is to increase strength, so naturally women who undergo special training (though initially weaker than men) would gain strength comparable or superior to the average man, but what if the man now also begins training, no woman would be his match.

So no, strength/weakness isn't subjective.

If you like training from now till next 10 years. There are still untrained men/women that will beat you.

Doesn’t that make strength subjective? (I am just whing you by this question because strength is indeed subjective. It is largely based on genetics something you didn't choose for yourself and like you said can be acquired by training)

Check the meaning of subjective

Goodmarlian:
Women are just physically weaker

Physical weakness is subjective though.

I doubt you can beat anyone of the top 10 professional UFC women division fighters in the world. You vs anyone of them. You know who my money is on lol.

What if, “women are the weaker vessel” is a fallacy we have been cleverly sold by women to avoid jobs/situations they don’t to be involved with: like going to war

Jayce242:
Without wishing to sound obnoxious, i don't see this ending well. Life is too unpredictable for this kind of long term arrangement. Health, death, unforeseen occurrences etc, I would rather advice u guys open individual mutual fund account, withdraw & merge the funds for whatever investment when the time is due.

Money matter, they no dey tell person.

There is always a lesson to be learnt lol

nosa2:
Aside from 3 and 4 I disagree with everything you have said. Convert the money you invested 10 years ago to dollars and see that you have not made much with your 500% gain.

Naa. Dollar was about N200 - N300 then. I remember correctly cuz i used to buy my stuffs from ASOS.

Mind you I said “over 500%”. Some of these stocks did over 1000%

When i calculated the portfolio to present value. I would have had over N10 million (from N1 million) if i left everything as it was without selling.

I see some post and i am like wow, rookie mistake. Been there, done that.

I remember trying stocks like 10 years ago, I put in 1m and lost 40% of my portfolio value lol, then just sold them off. Guess what each of thhose stocks are doing over 500% from that time. I still have one (like 100 units) i forgot to sell and i kick myself every time i see it.

I came back to stock investing this year (2/3 months ago) and i left those 100 units as a reminder.

So far so good these are some things i have learnt (still learning). They have worked for me really well, you can give it a try or not

1) Never make a particular stock more than 25% of your portfolio value. It’s a good stop loss.
2) It is better to be in for the long haul, so buy companies with good financial fundamentals. Then give them time. I don’t plan on selling any of my buys in the next 5 years.
3) Make investing a habit. Come rain, come sun shine.
4) Don’t follow the crowd blindly, do your research!


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