₦airaland Forum

I regret not joining earlier...it serves as a buffer for my capital...

I mean the green's.....

dammiecool:
At some point i was getting uncomfortable with the greens.

That amount is huge for a "starter"

And I will always go for pure equity...

Or rather spread it across about three fund managers....

All the REDs so far has not affected my capital though.....

Once it bounces back move your funds

Mixology:
Guys I put 15m from my mmf into Stanbic balance but it has depleted badly. I may withdraw the money once it bounces back sha. The red is too much oh

Both Stanbic Imaan and Equity gave me better RED REDDER REDDEST yesterday...I was not "esperit" it....

Na only Gtbank equity pity my poor soul yesterday....the only consolation be say na the accrued interest the Spartacus dey feast on..

Una good morning o

I just funded 100k

I will do my withdrawal from CD tonight after they update today trading....

So I will know the exact amount to withdraw


I will still maintain my equity with them for now....

Am exiting their balanced tonight

EquityM:
Choose KoraPay, try and start with 20k, and forget about it. " I started last year in October with 10k.

I will move the 100k in CD balanced fund to Zenith balanced fund

EquityM:
I thought likewise; ESG still brings more returns when the market is bullish. Nonetheless, the balanced fund is more conservative and does not drop easily; it brings steady returns and sometimes much more than ESG.

I am doing Imaan fund...

I checked well before investing at all

I am doing Imaan and Equity ....

Seems most balanced funds dey misbehave...


Meanwhile gtbank gave positive equity and negative balanced fund today...

Lol

Uberchic1:
Stanbic balanced is so disappointing.

When funding.... which payment option do you chose?

I tried yesterday though.....

I just liked the CD interface....

I do not need to calculate anything....

I will withdraw my funds from their balanced fund today....

Will still maintain the equity till after next week Friday before I decide

EquityM:
Didn't you sign up for Zenith? The balanced fund has been doing well for the past two weeks, although I don't know what will happen tonight.

I have not funded yet...

Good afternoon boss

EquityM:
Didn't you sign up for Zenith? The balanced fund has been doing well for the past two weeks, although I don't know what will happen tonight.

Hahaha.....

Those people e e e...

Even their balanced fund na still RED yesterday.....

I have given up on them

At least na from the yield them go still dey deduct....

Once it gets near my capital....I go vaamoooseee...

This whole week na wao o

Tomorrow sef fit join in brothers for RED kingdom

Smattrader:
I have to say that , today's red is on another level.

I wonder how much deduction CS will punch me with this time considering the level of red I am seeing presently.

Anyways, any thing can still happen.

Not true ...

Check your balance....

Mine has reduced already...

The update is current one o o

Uberchic1:
Afrinvest is red today.

Considering how early Afrinvest equity numbers are updated during the day (12 noon), I think the daily updates are actually for the previous day.

Wow..... seriously?

I thought they do some magic there?

Please..... can you give a range of what your capital with Zedcrest is?

I want to check something please

Gratefulme:
Even zedcrest was red. Lost 67k 😀

Stanbic equity was RED today....

Na only Afrinvest escape for my side o o


Gtb, CD, Stanbic.....everyone of them blurred my eyes with RED

Gratefulme:
The red is reding 😃😃😃. Afrinvest and stanbic still tanda tho

Very tiny GREEN.... but nevertheless it's a green...

GTB gave red
I know Cardinal stone go give RED for sure..

Afrinvest dey surprise me walahi

Thank God I got in before cowry wise madness...

I downloaded Afrinvestor 2.0 and kept having problem with my BVN verification....

Any help?

Salarys:
Strangely, still got a green with Afrinvest.

Current YTD 26.66%

I just checked...the REDs dey blurr my eyes

Wahala....

EquityM:
Spartacus has entered the market; time to buy more and double down. (Bear has arrived.)

There was a day 200k gave me 10,500 in Cardinal stone o o....

While 500k in stanbic Imaangave me slightly lesser...10+...

Easy o o

Saybal:
just noticed yesterday 1millon naira in cs give N865 naira but 300thousand in stanbic give 3000naira

Please....do you use Paramount?

I am thinking of onboarding...

Abeg help me with first hand experience please .....

Abeg

Uberchic1:
Yeah, Afrinvest even did green. Waiting for Paramount and zedcrest.

Stanbic should kuku do 10% flat already and STOP dancing around.....na wao o

Abasi mî mbok

Creditalerts:
TODAY'S RATE


STANBIC 15.32%🙂🤑

FAAM (FirstAlly) 17.6%😁🤑

STL MMF. 20.12% 🔥 🔥 🔥🤑🤑🤑

TRUSTBANC 19.53%🤑🤑🤑


Kindly Click on my signature to register for STL MMF thank you🙂

It was a good week boss...

The RED days were "little" amounts when compared to the GREEN days returns o o...


Overall.....it was a "+".


Nothing lost


Thanks for the concern o

Bluearrow:
E be like say mama equity see plenty red for her portfolio last week

Amen o o o...

I am learning from the better heads naaa

The work wey una dey do here no small ....

Me sef don dey explain things give people outside here sef...

Hahahaha

EquityM:
Mama equity is getting to understand the market well. Good job, and may we see greens this week.

Please use more than one fund manager I take God beg you....no use because of high YTD and dump all your funds with one....as it high so....when it wan RED....it go dey bloooody ...


And please.... still maintain a healthy percentage of your funds in MMF.....

Good luck and happy investing...

teeboi77:
Thank you so much boss,I really appreciate.I will start this morning with Zedcrest hope it doesn't take much time before deposit reflects.

Also that ASI image you normally sent here is it an app or how can I get it?

Even one was being talked about here... I checked them out and realized they started last December....

I ran for my life...

I had to ask AI why such wide margin exists between that one and others....

The response was even more satisfying.....

I took my leave and decided to be peeping from a safe distance...

Iamblessed8888:
There are things people say that sounds logical but it’s not true. For instance; read the reason cowrywise gave for merging rates. Does it sound logical? Yes. Is it true? No.

You can apply this same framework to those saying that risk is same across all fund managers. They are nothing but referral crumb hunters.

Take a trip to stanbic head office and the office of some of the fund managers being promoted here. Then tell me which you would rather invest your life savings with.

Forget finance jargon, if Firm A has over 1 Trillion AUM and has been around for 30+ years, and Firm B has 1 Billion and has being around for 5 years, which would you rather stake your life savings on?

If you were SEC, which of the two firms would you rather put under more scrutiny? The firm with 1 trillion or the one with 1 billion? Especially considering that you aren’t omnipotent and your job is to protect public interest.

What’s the “so what” if a firm violates SECs trust and does agro business with your funds? Will SEC kill them? Worst case, they’d pay fines and someone may do some jail time (unlikely). Remember, your money is gone.

You think stanbic does not like high rates? Ask your self, how is someone else offering you 20% in same economy while the more experienced manager is giving you 15%? Could one of them be taking more risk? All money market investments are transparent. There is no information asymmetry.

Ask your self, if the guy offering you 20% is much more brilliant than the others, how come their operations and processes are subpar compared to the one offering you lower rates?

Some things are just intuitive and some people are just being obtuse

And their rate is higher as well...

I usually go to their app everyday to check their rate and the merged funds rate and laugh out loud..


The hustle for investor's money is real.


Hahahaha

Good morning boss

Beeron:
That's because Cowrywise merged all individual investments into one portfolio.

So now you will choose according to your risk appetite, it's a ploy by cowrywise to systematically sell their own MMF product because theirs is number one on the page and they didn't merge their own with anyone.

if you really want Meristem, just download their app and invest with them.

Download from Play store boss

Smattrader:
GTB app for Mutual/Equity fund? Can you kindly direct me to the app link?

The app is GT world

Smattrader:
GTB app for Mutual/Equity fund? Can you kindly direct me to the app link?

GTB gives value almost immediately...

Which time did you fund on Friday?

Meanwhile...I use their App

DAMMYORES:
Happy Sunday everyone. Please how long does the money subscribe for in my gt equity income fund reflect in my investment portfolio. I subscribed on Friday but it still reflecting zero on the investment portfolio.

Where have you been boss?

Thanks to all the contributors here.....it was a good week for me....

God bless you all

@EquityM, Smarttrader, Beeron.... everyone else....

We go again next week...

Beeron:
Your observation is correct.

However, Nearly all big names are currently gaining in the Stock market now, from MTN to Dangote Cement to GTCO and the likes.

Like I said in my video, the reason big names are driving this rally regardless of sector is because pension fund are still buying.

That's a lot of money getting into the market and Pension fund institutional investors are after big names stock (huge market cap + liquidity)

That's why is what Is currently happening.

I will suggest everyone to get on board because, they will be more buying after CBN cut MPR rate.

5 whole days... that's a lot of trading days lost...

They did same to me..

Wasted my time as well

Smattrader:
Money till now / Friday? That's 5days solid and it's quite too long. You need to utilise their complaint service available both on the web and app asap.

For your info; mine has reflected and it's now showing my subscription.


Regards.

Thanks boss...

I used same address....I have investnaija but I am yet to fund ....thanks

Uberchic1:
Somehow as how? If you're not comfortable with the wide margin, you can do Paramount instead. They're at 29.91% ytd and the margin is not too wide from the others. Zedcrest, according to their fund fact sheet, invests 50% of investors' funds in the services sector and that sector is what is apparently driving the ngx right now since December. @Beeron, pls shed more light on this if you can.

I used zedcrest for mmf only when they first launched but their equity fund started in December last year. Don't remember much of the sign up process but it was smooth. As long as you update a very recent bill and the address on the bill matches the address you signed up with, verification should take a few days max.

The fund itself, redemption is immediate. If you redeem before 3 months, they debit their 20% charge. But you get your money in your wallet immediately. Withdrawal from wallet into bank acct is also fast. 1 hour max.

Boss do use zedcrest?

Their YTD has a wide margin from others

I dey find better yield but this one dey somehow o o

I have downloaded and registered... waiting for address verification

Please throw more light on them

Look at how Zenith ESG collapsed like a pack of cards yesterday.....na wao o o

Uberchic1:
SMH they need to be more transparent and have their ytd on the web app. I'm sure it's higher than this now.
Paramount is 29.91% ytd as at today
Will post zedcrest when it's updated

Yes please....I can drop screen shot

It only topped 500k yesterday (Thursday 19/02) after trading please...

There was no RED since Tuesday but marginal GREEN.....2k, 3k.... It did 10k yesterday and balanced up...

cyrilex202:
Are you sure it's Stanbic equity fund you subscribed to that haven't gotten back to initial 500k u invested? because Stanbic equity have been doing great this week

I lost about 6k+ in Stanbic Imaan (500k) when I first deposited(494k reflected in my portfolio)

.... after that days trading it yielded about 19k .... effectively balancing it (512k)

Lost more in equity same 500k investment and 493k reflected....I haven't gotten back to 500k yet...

In cowrywise.....I experienced same with Afrivest.....the funds land incomplete

Lol

Let me use my self as example.....

I funded both Imaan (500k) and Equity(500k) on Friday evening......

Imaan reflected on Monday with shortage 0f 6k which after that days trading....it gained around 19k....

Equity reflected on TUESDAY with shortage of 7k.....

it took longer for my equity funds to reflect, I even vex send them mail join...

Smattrader:
Morning house.

Please, I subscribed to Stanbic Equity Yesterday but till this moment I have not seen any balance or equity investment activities on my portfolio. Anybody who's into them should kindly enlighten on how their system works, why my Equity fund investment isn't showing any activities or movement.

My gain on Tuesday alone in Gtbank swallowed the two days loss of Wednesday and Thursday.....

Ensol:
That's why its called high risk, I lost 75k, but I have gain more since I started in January.