₦airaland Forum

I actually believe some of them operate from their sitting rooms with few staff.....

Hahahahaha....

I still have bulk of my investments in Gtbank, Stanbic and now Zenith bank....at least when anything sup...I will invade their banking hall and "off" clothes till someone listens to me

Hahahahaha

Abeg o o o

I use cowrywise ,cardinal stone, zedcrest, paramount (chapel hill) and UCAP shaaa.....


😎😎😎😎😎😎

Iamblessed8888:
Very correct. These sportybet converts turned Genz investors have never witnessed market turbulence, so their risk antenna is set up differently. They believe SEC is their Lord and saviour but wasn’t SEC around during the BGL days and even cash craft like you said.

A firm’s internal self regulating mechanism is likely to protect you better than SEC can. The logic is simple really, the bigger the firm, the bigger the head count, and the more robust the internal control would be.

All these 20% fund managers being promoted here, some have only 5 to 10 staff. Who will do risk management, marketing, control, etc?

People like to say a bank has no bearing with it’s asset management division but that’s a big lie. If you know, you know. How come network issue with stanbic ibtc bank is now affecting stanbic asset management? 😁

I’d rather put my money with GTB Fund managers than a standalone small fund manager offering me 20% with a flat in a street in VI as it’s head office.

When the network issue persisted, my millions was actually hanging but i was at peace knowing its stanbic. I may have felt more unease if it were a smaller firm

I will start weekly henceforth....

Thanks everyone o o

I pray next week treats us all better

Ensol:
That’s why I do weekly
Feb 20th GT EQUITY ₦11,957,259.04
Feb 27th GT EQUITY ₦12,151,549.04
Even though I believe there were reds this week, I didn’t notice because I check weekly

Wow....

Hahahaha....

Na vex o

I only wanted to push the funds in their balanced fund to Zenith balanced fund

I will still re-fund their equity in future shaaa

Choiiiiii

princezzz:
@ LoriHamo....And funny enough,yesterday was the worst hit for CS this week, everywhere reddest,both balanced o,both equity,i mean the deepest shade of red, like thick red,blood moon red,deepest shade of lipstick red.
Today was all green everywhere, so you see "today seems not to be the worst".
Fear fear,you for wait small.

Thanks boss

Happy weekend and a better next week o o

Beeron:
You write with so much joyful humor even when the situation is dire.

One will always read your words and just crack a smile.

Unhappy Red days and I wish you happy Green days next week.

I was actually planning taking my funds off Cardinal stone already....there were REDs on my other portfolios...but I am determined to stick around....

Following your advice....I will start checking weekly....just to stay updated BUT not to "run"....

Thanks boss....

Bluearrow:
But I don't think daily monitoring of equity fund is a good approach. Equity is just like cryptto, it can mess with your mental health. Best is to check in weekly or monthly. If possible sef quarterly. I don't bother checking my equity, I only get update when I visit this thread or login whenever I want to top up. Often times people who sell in loss are those who login daily to see consistent red.

The REDs are tripping-in

Afrinvest
Gtbank(equity/bal)...equity was hit really BAD

I didn't trade today in CD as the last night withdrawal has shown PAID in their app... otherwise it would have been the worst hit..I for no see anything withdraw sef, if I didn't act last night...I wanted to de-fund their balanced fund...as I see the RED in their equity,I use vex click REDEEM as well. hahahaha...

arms crossed waiting for Stanbic @12:00am.... though I have no hope and only hoping the LOSS will not be too large...

Today seems to be the worst... even after noticeable re-bounce in some stocks in NGX.... trading later in the afternoon....

Maybe it would have been "WORSTer"

Abasi mî mbok....

Una Happy weekend o o

And please prepare your minds

Nne ..he did balanced fund sef ...

I did that with Cardinal stone and realized it is better going head-on into equity...

All of them dey experience RED jareee.....but equity is still the "growth" engine

princezzz:
@Beeron, aggressive can be subjective ooo😁. If i have like 200m even 100m, 15m no go be aggressive for equity, it will be considered light investment. Same way you dey tell person wey get 1m as total investment to just test equity with 100k.
I just dey imagine if the market just stays green all through for like weeks on a stretch,you come dey see 7k even 5k sef for every 1m investment everyday, people will port to equity like mad, 1 red day and everybody will turn back to " eh shebi them talk am say equity dey chop person money"🫣🫣

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.