Niiade's Posts

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Investment › Re: Equity Investment. by Niiade(m): 8:39pm On Feb 04

Iamblessed88:
They sent me the historicals and it goes like this;

2020 - 29%
2021 - 17%
2022 - 65%
2023 - 132%
2024 - 116%
2025 - 83%

What company and what fund type? Thank you

I’m shocked they still crushed it during covid when everywhere was red. They must have made alot of people billionaires

Investment › Re: Equity Investment. by Niiade(m): 3:08am On Feb 04

Iamblessed88:
Bro i went oo. I now understand why the gains for the csof is higher.

Basically, csof only invests 100% in equity while equity funds are a mix of equity and other money market instruments

Also, the equity funds are limited to the 30 top companies in the NGX while CSOF invests beyond these.

CSOF also has dedicated fund managers taking position in stocks after “strong research and information”. This means they can exit and take position on short notice unlike the equity funds where you are stuck with those 30 top companies come rain come sunshine.

Also, capital preservation is zero on csof, this means it’s all risk

I will sleep on it and decide what to do

There may be more to it that they cant divulge though.

Please which fund is CSOF? Thank you

Investment › Re: Equity Investment. by Niiade(m): 5:18pm On Feb 03

EquityM:
You can start trading right away; they are in the top three stockbrokers in Nigeria, and they are the richest of all stockbrokers in Nigeria. Contact the CD registrar for your missing shares.

i sent an email to there enquires desk, once updated i would move my share to them and maybe i can start buying penny stock. I am very keen on penny stock only for now any idea to get informed information on these, i am also watching Beeron's videos but i am not gambling with major stock. When i get dividends or any major up move on a penny stock will sell part of it and buy value stocks.

1 Like

Investment › Re: Equity Investment. by Niiade(m): 4:02pm On Feb 03

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.

immediately i inputed my NIN, my tax number came up straight.

3 Likes

Investment › Re: Equity Investment. by Niiade(m): 4:01pm On Feb 03

Omo, CS already have opened a CSCS account and CHN number for signing up, they are not playing at all o. Are they good for stock broking?
I get some small stocks i brought in my university day and never got feedback from my stockbroker before he disappeared or died cus he was an older gentleman back in the day and never got confirmation on some of the stock he said he purchased, can CS find them and move them if they are a good stock broking firm, i signed up with Stanbic last year and ARM in 2022 and till date they didnt give me any CSCS or CHN number lol but in less than 5 mins CS has done it.

Investment › Re: Equity Investment. by Niiade(m): 3:46pm On Feb 03

EquityM:
Yes, of course.

are there negative day and does the negative days drop the capital and profit gains?
Thank you so much

Investment › Re: Equity Investment. by Niiade(m): 3:44pm On Feb 03

Smattrader:
Here are all the details, my confusion in puctures.

Observe ;
The total networrh.
The Total return.
The closing value.

wait is that 3000 naira in one day from 500k investment, EquityM is that how the profits come in? but my next question is if we make 3000 today, can the value drop aftterward or are there negative days that take away from the profit?

Investment › Re: Equity Investment. by Niiade(m): 3:17pm On Feb 03

EquityM:
Since you just signed up yesterday, your returns will be lower due to the NAV. The 600 naira you saw is your gain for that day, which will be added to the total value; however, your units won't go up unless you top up or make a redemption.

I just signed up with CS now and i am looking through the details for fixed income and i want to understand how the profit or income is calculated, upon looking at the profile information it shows 19.77% for 2025. how would that surpass MMF if some MMF were on 22% in 2025?

How is the income or profit really calculated to understand which gives better returns in the lets say a year, please i understand you have explain it time after time, i just need clarity for my own understanding, no vex i can be slow in learning things.

Investment › Re: Equity Investment. by Niiade(m): 2:41pm On Feb 03

EquityM:
Hmmm. I see why bonds are making tremendous gains.

Is the govt in charge of paying this bond directly or the electric companies?

Investment › Re: Equity Investment. by Niiade(m): 5:05am On Feb 03

t33why:
Strange thing is the charges don't change irrespective of the channel. All funding options have the same charges., don't know if it varies with amount but 100k had charges of about 1200. Nest is to stick with the option provided by EquityM

That’s crazy, beginning to think there is an understanding for small and medium scale investors so the more they withdraw and deposit the more charges can accrued to income for them. What firm is that please?

Investment › Re: Equity Investment. by Niiade(m): 6:16pm On Feb 02

t33why:
Oh ok, so I can just ignore the pay stack options in my account. Those are the options there in the image. I tried to do a test 100k deposit and the charge was1kplus .

Good this is that they have various methods for withdraw, check the ones that are cheaper in fees and go with it, if its opay open an account get it up to take large amounts, then move it there and then to your regular bank account, that should be N100 in total with what ever fees they charge to move the money to Opay. Alot of them are limited this show options and willing to give you access to those options.

Investment › Re: Equity Investment. by Niiade(m): 3:06am On Feb 02

EquityM:
Alright, chief. If you hammer, don't forget me. Lolllllllllll.

My Oga I dey your back, no dull me o

1 Like

Investment › Re: Equity Investment. by Niiade(m): 12:44am On Jan 31

EquityM:
Which app is this? Make sure they are legit.

Risevest they seem legit but need opinions

Investment › Re: Equity Investment. by Niiade(m): 9:59pm On Jan 30

Any opinions on this and I apologize if I shouldnt have posted it here. I would delete the post once it’s not accepted here.

Investment › Re: Equity Investment. by Niiade(m): 12:08am On Jan 29

EquityM:
I'm not sure, as most fund managers do not mention filing taxes.

I don’t think you understand my question, basically if you make profit from the equity fund account, with the new tax law requiring self reporting, are you mandated to report the profit made from equity that you have withdrawn from your equity fund account with the financial institution.

Investment › Re: Equity Investment. by Niiade(m): 8:46pm On Jan 28

EquityM:
TrustBanc is doing a great job; even though I don't use their app, they respond quickly when I top up and send them the receipt.

It seems cowrywise charges a fee of 1.40% any idea if Trustbanc charges are management fee for MMF. Thank you

Investment › Re: Equity Investment. by Niiade(m): 7:44pm On Jan 28

EquityM:
TrustBanc is doing a great job; even though I don't use their app, they respond quickly when I top up and send them the receipt.

Hopefully they won’t start misbehaving when money plenty.

1 Like

Investment › Re: Equity Investment. by Niiade(m): 7:39pm On Jan 28

EquityM:
No tax for now, as I withdrew some funds from Cardinal to Zrosk. I wasn't taxed at all.

Thanks, I mean for filling taxes at the end of the year.

Investment › Re: Equity Investment. by Niiade(m): 10:20pm On Jan 27

EquityM:
Tonight, we may see green.

Right now, these managers of equity funds are doing well.

9.79 YTD for Zrosk
7.05 YTD for CardinalStone.
6.80 YTD for Afrinvest
I'm not aware of any other fund managers YTD at the moment.

quick question, are any gain made from the sale of equity funds are they subject to tax as in personal income tax or are tax related parts deducted by the firm handling the equity funds. Thank you

Investment › Re: Mutual Funds by Niiade(m): 6:14pm On Jan 27

rukyboy:
Below 5m?

Definitely, where I wan see 5m.

1 Like

Investment › Re: Mutual Funds by Niiade(m): 2:59pm On Jan 27

LadyCaplin:
My fellow investors.

I am not impressed with the online redemption process with Stanbic IBTC MMF. Initiated a redemption last week Thursday: nothing.

I have initiated another today (before 12noon), let me see how it goes.

P.S. This is my first redemption since i started investing with them.

I made my withdraw around 4pm yesterday and I got funds in my account around 8am today.

Investment › Re: Equity Investment. by Niiade(m): 7:15pm On Jan 26

Please any recommedation for equity fund account that dont have huge fees attached to them, i am tired of opening new accounts and seeing issues with using the platform, I dont even understand why some charge fees to deposit funds.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Niiade(m): 7:09pm On Jan 26

ManAdii:
Any reason why you're moving from stanbic?

Oh i am tried of their 15% almost permanently, others are offering up to 19%, even cowrywise is about 17%. also looking to start investing in equity funds still in the account opening phrase. I only moved half, if they maintain status quo before month end then i move all.

1 Like

Investment › Re: Equity Investment. by Niiade(m): 7:07pm On Jan 26

Just review GT Trust Fund services and i am in shock they will take 1% annually as fees for MMF, wow and some other investment they have it up to 2%. its crazy

1 Like

Investment › Re: Mutual Funds by Niiade(m): 7:05pm On Jan 26

hfc80:
Do not use the app, go to there website and initiate redemption it happens to me also on till I used to the website

spot on, never use the app for anything other than checking rates and adding funds, when its time for withdrawals hit the website only.

5 Likes 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Niiade(m): 6:54pm On Jan 26

Gokoyer0:
Are you using cowrywise at all? We can be brainstorming together if that's ok for you.

I am moving funds from Stanbic to Cowry, waiting for the funds to arrive so i can start investing with MMF and Equity but mostly equity mututal fund for now. Yeah sure thats fine with me.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Niiade(m): 6:08pm On Jan 26

Gokoyer0:
Hi guys,
Who can give me upto 20 stocks to buy in cowrywise with a potential of massive growth for long term purpose? I can pm actually and pay a token for the service.

Thanks

Equally interested and hopefully strong fundamentals are needed for growth stock picking which is my current intent now. Thank you

Investment › Re: Equity Investment. by Niiade(m): 5:32pm On Jan 26

Lovely discussion going forward, hopefully at some point we can recommend how to start our own equity investing and learning to balance investment in direct investment which is also a form of setting up your own mutual funds but seeking growth. Right now, I think it’s time to focus on growth for the next five years, then take a portion of the profits and invest in MMF, just balancing the equity portfolio but I would estimate maybe around 10 percent withdrawal every year after five years of growth.

I am starting my main equity investment this year.

1 Like

Investment › Re: Equity Investment. by Niiade(m): 5:59pm On Jan 25

Thank you guys for ver insightful discussions and I like the question about what steps to take and which providers to align with, let’s kuku move away from 5k investment.

What’s a good starting point basically, 1m, 2 m or 5m and what investments one should go for with the listed amount would be helpful.

Investment › Re: Equity Investment. by Niiade(m): 4:30pm On Jan 21

Jayce242:
Most investors says it is difficult to liquidate Nigerian ETF. You can't sell them even when the prices are high. Its liquidity is not like that of foreign ETFs. Do your research properly before investing sha

Thank you, I would review further.

Investment › Re: Equity Investment. by Niiade(m): 4:29pm On Jan 21

welzyj2:
Etf are traded on the stock platform of any stock broker

There are quite a handful of etf you can trade. As at yesterday ETP were at 78.71bn

The section circled would that be the ETF on Stanbic

Investment › Re: Equity Investment. by Niiade(m): 3:57pm On Jan 21

EquityM:
I'm not sure on the Stanbic app; however, I do see it on the CardinalStone app.

Thanks, i think its time to register with Cardinal Stone, alot of options are available there.

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