₦airaland Forum

You mean you would take profits? Or what do you think about the stock?

Sunrisepebble:
Check your price list lol. If it trades at 8,900 tomorrow I’ll trim some of my position.

Biko...where did you see this? Abi na hope?

Sunrisepebble:
Seplat at N8,107

EquityM:
Updating is going on, you will see the full amount soon. Green day today.

CS Fixed Income is red here today,but CS Equity is green.

Long term actually, but hearing that it might be a good time to take profits on stocks like Nestle and Seplat got me reconsidering.

feelamong:
what was your game plan at the time you bought?

brotherly:
he also recommended

CWG
Redstar express
union Dicon
Meyer


they have all delivered.

Megawealth na blessing to this forum.

Would you advise one to take profits on these stocks now?

I think she was referring to GTB Money market fund not Equity. But lets hear from her anyways

Smattrader:
At GT Equity, how are the red days and greens ratio and what is the minimum capital?

Sent you a DM, I just funded their account few minutes ago.

EquityM:
If you are currently using Zrosk, please send me a DM so that I can add you, and we can form a WhatsApp group with the subscribers and Zrosk customer service. Lastly, equity is not abacadabra; one needs to be patient for at least 6 months to a year to see results.

Please what email address do you send this to?

EquityM:
Send manually, bro. Send the receipt to the UBA account.

okay, noted...thanks man.. But I guess I can deposit to Zrosk tomorrow, they already sent me the account details to pay into since yesterday EquityM

EquityM:
Wait till Friday, bro.

Finally got my 8m alert oh, even while still in KYC Tier 1, Thanks boss. I have updated my NIN and gotten my Tax ID.

Do you advise I wait till friday to top up my CS Fixed Income. I had tested with 10k previously and in 2 weeks, I have 200 profit on it.

EquityM:
CardinalStone users, please update your NIN and BVN via their website. Today, I signed in via the web, and I saw a pop-up to enter my NIN, which automatically displayed my tax ID.

They just responded, didn't even say anything about 5m limit. Fingers Crossed

mikeayus:
Okay, will follow up with email again. Was formerly doing Equity, but now want to split it...CS Fixed Income and Zrosk Equity

Okay, will follow up with email again. Was formerly doing Equity, but now want to split it...CS Fixed Income and Zrosk Equity

EquityM:
Write back to CardinalStone and ask for their opinion. Btw, are you doing the fixed income fund of Cardinal?

Na gtbank ooo

EquityM:
That is what is causing the delay. I hope your bank is not a crazy bank that will hold your incoming funds.

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ahaha...maybe this is what is causing the delay, I did a request of 8m, a simple comment on the interface while initiating redemption would have prevented all these...App developers really need to start thinking from the perspective of end users when building products and solutions mehn.

EquityM:
You should get the money soon; by the way, you can only withdraw 5m in a day.

Not yet They didn't respond to my email on redemption. Rather they responded to my complaint of almost 2 weeks regarding KYC asking for Utility bill. Its so frustrating jare.I am waiting to hear from them again. The balance on my portal is now normal reflecting expected balance after redemption of funds, but I never see alert

EquityM:
Did you get paid, bro?

Thanks bro....I would send them an email, even though they never responded to my mail regarding KYC. I am porting to Zrosk anyways

EquityM:
It will enter, bro. Send them an email.

complaints@cardinalstone.com

crd@cardinalstone.com

okay boss, that midnight long oo...Stanbic redemptions I do at midnight drops before 12 noon. fingers crossed.

EquityM:
Bro, that double amount means your money will enter your money account today or at midnight.

@EquityM please how long does redemption of funds from CS Equity take? I have initiated redemption and got email confirmation since past 1am Nigeran time and they are yet to credit my bank. Noticed the portal is now showing balance that I don't have but pray to achieve .

lol

Why Am I forced to provide OTP via authenticator which I never setup? This is immediately after filling in the Sign up form.

EquityM:
For anyone who wants a better rate than MMF but does not want to risk equity, kindly port into DLM fixed income; the daily rate has been outshining TrustBanc and FirstAlly HYIS premium.

Biko, what is this approval you referring to? Is Halo for some selected few? Just curious o

EquityM:
I will. If they approve, I'm moving right away. CD is only focusing on the premium users; the difference is enormous.

Does it mean investing with Afriinvest via a middleman (cowrywise) is better than dealing with them directly?

Beeron:
This is on their app. Their app is shittty, Invest via cowrywise.

Thanks for the detailed explanation, my question was originally regarding the fixed income fund and not equity fund. Just wanted to know the difference between fixed income fund and regular MMF. Thankks

EquityM:
The goal of equity is to grow; if you can't see your money fluctuating up and down, then equity might not be your thing. A Naija girl on this forum living in the US asked this question, and now she started with 3M; despite small dips, her capital is getting back on track. Equity is like locking your money up in a fixed deposit, leaving it there, and seeing wonders. No matter what happens, you are unlikely to lose your money. Accumulating wealth is not like a Ponzi scheme; there are no corners to success. MMF gives you steady income while others do the dirty work for you. I made 45k today from equity today, tomorrow I might lose 20k from it or I might even make 120k; only God knows. On a final note, if you are not patient, kindly stick to MMF.

Thanks @welzyj2 and @EquityM but I am now confused as to if my capital will never go lower like it can happen in Equity fund and not in Money Market Funds

Hello bro, Just curious..with this fixed income fund, is Capital preserved just like the regular MMF? or there are chances your initial amount is not complete depending on how market goes?

EquityM:
Use the mobile web; the app does not display all the rates accurately. The price is the current rate.

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Sorry boss, I am lost. Are you talking about Equity fund or something else? Do you mind sharing a screenshot and how you get to see tomorrow's rate already.

EquityM:
The rate is displayed daily in the app. For example, today's rate is 1.5078, and the next day rate is 1.8017; you should choose 1.8017, as it is higher. Always choose a higher rate for redemption.

EquityM:
90 days means your money will be locked up. However, if you withdraw, they will deduct out of your interest. Moreover, this is not like MMF; if you want to withdraw, make sure that rate is higher on that day. If you withdraw at a lower rate, you will lose money.

This is very important, how do I make sure that the rate for a particular day is high? Biko, give us your tips and tricks boss

They did not o, even after copying all their emails...Guess I would just wait till next week

EquityM:
Did they get back to you?

Yes, I did use that subject. will send a reminder copying all the remaining emails.

EquityM:
Did you write the subject as Nairaland Subscriber? Check page 2 or page 3 for the email. Cc all the email and resend again.

I agree, you said exactly my mind

Iamblessed88:
Alot of people have benefited from info shared here. Some are even guests. A whatsapp group will kill this thread. Plus it’s invasion of privacy because many would want to stay anonymous.

You can form your group if you want but dont attempt to kill this thread

Exactly, they seem to be having technical glitches, but I can see mine now.

They have not responded to my email regarding KYC since you provided that email address ooh, I am not feeling their customer service lol

EquityM:
I can't view mine; there might be some glitches in the system.

Is anyone having issues seeing investments on the CS website and/or app? I don't see my Equity fund purchase of yesterday again.

Do you advice one to start Fixed income trading also at the end of the month only? or this is best for top ups only?

EquityM:
Started last year in December with 5k. I topped up because it was doing well. If you subscribe to it, top up at the end of the month or once a month so as not to get a negative return. If you look at the photo, the 8k minus came the next day after I did the top-up due to the NAV price.