₦airaland Forum

Abeg this DCA what does it mean

CSblackpink:
For a foreign portfolio, it's not too late; just make sure you do DCA everytime you have a tiny change. I do $20-100 weekly before getting my salary. DCA helps you to buy more units and supercharges your portfolio for Yakubu.

Can we topup today or wait till Monday
CS, zed, Paramount

Abeg make him dey independent they won't know his worth

CSblackpink:
Chief, you should be working for the top equity fund managers. Zedcrest or CS should hire you.

Is zenith a good buy?

welzyj2:
Bought some Zenith shares already...looking to buy more

Yes I saw it boss and I did that thanks

Beeron:
Oga Ogborokiri, did you see my update regarding Dangote Sugar?

Secondly to answer your question; Just withdraw profit made in Equity fund and move to MMF, then wait till ASI find support and about to go up, then you can now begin to top up using that money already in MMF however, if you have money to keep topping up, even when it dips further and further, don't go through this stress.

So how can I take profit I no too Sabi this take profit abi I will have to redeem everything and wait later to buy the dip

Beeron:
Good morning everyone.

Here is an update regarding your investment in Equity mutual funds.

Some of you might have been experiencing red days lately — the reason is simple, people are now taking profit en mass, So ASI has reached it's peak for now.


Two things might likely happen starting next week:

1 — Green arrow, means a long consolidation starting next week, basically, it means some days your will see profit and some days loss but not huge profit and the loss days will always cancel profits until ASI finds new support and begin a new rally.


2 — Red arrow, means ASI will just suddenly dip, meaning more red days due to institutional money leaving the market. When that happens, other retail investors will also be trimming their profit making ASI go further down until it finds a new support and begins a new rally.


So now what do you do and why am I writing this?

CSblackpink usually talk about top up during red days, Wise idea— but you have to be strategic about doing it, I see people doing it before now, I knew it was too early to do it, but It's not a bad thing, this is why I didn't say anything about it. Sometimes when you top up too early, that money too will also dip, so you will have to continue to buy the dip as it further dips. Not every one can always afford that.


Now what I recommend is simple — Now that it's profit taking season, Also take your profit and move it to mutual fund investment. After ASI has found support to begin a new rally, then you can withdraw your money from mutual fund and buy the new dip. I will also let you all know then when it's safe to buy but it's usually difficult to know when there is long consolidation going on.

But then again, for investors that can afford to keep buying the dip, please continue, because that's another smart strategy because eventually you will regain your losses when ASI begins a new rally.

In summary, this is time for profit taking, take profit, hold It and buy more units after profit taking season is over.

I am in a rush typing this because I need to go for my early morning jug now, when I come back I will answer any question if you have any.

I thought I was the only one seeing it o 😂😂

Gratefulme:
What is investnaija doing. How come ytd is increasing but total gain is decreasing 🤨

Now that we are in red season can we still topup

Okay boss

Beeron:
consolidating.

No definite direction yet, but if you hold for a long time, you will get your reward.

Any update on sterling stock

Beeron:
Gracias.

Can i topup my CS, Zedcrest and Paramount now

Do I still buy sterling stock?

Beeron:
keep holding.

Can we topup today?

CSblackpink:
Mama equity, treat your equity fund like your MMF; keep topping it up with any amount you have.

Good morning chief is there anything to buy today?

Beeron:
You always welcome sir.

Can we still buy abi another stock dey?

Beeron:
gains has not even started lol

Baba thanks very much I made gain oooo

Beeron:
More to come bro.

Bought and 69 buy placed trade at 66

welzyj2:
You lost opportunity of 66.something sha earlier today if you intended to buy

You can still try to set a fair amount or watch trades

Can I still buy now

Beeron:
Yes, buy as soon as the market open today.

They are already na 😂😂😂

Iamblessed8888:
Kanayo.O.Kanayo Investments 😂😂😂😂

Can I still buy dangote sugar stock

Beeron:
So true bro.

Paramount how many %?

auschris:
CS +1.15%

What you guys are doing here school can't even teach half of it kudos fam

Please fam is it the right time to topup my equity and between Zedcrest, Paramount and CardinalStone which do you suggest I topup

Any stock to buy again?

Beeron:
So true bro.

I agree with you

Beeron:
So true bro.

Is like I will go and sell family land to invest in equity o

Thanks

welzyj2:
Senior people just change the gear this morning

But I still know that stock is quite stubborn due to its high liquidity

Ogborokiri....not a financial advise o but hold on to the stock and if price doesn't get to ur purchase amount soonest take adv and buy more at a lower price to improve your WAC

I started fidelity at 20 but my WAC is 19. I was ready to buy more if it had dropped to 18. My worst case exit was 17n

N23

welzyj2:
At how much

Loss

Beeron:
You for ask before you buy bros, rapid change occur this morning.

What's your current position? Loss or gain and by how many percent?

And I buy fidelity this morning o

Beeron:
Please Note: If you intend to buy my recommended stocks after watching on YouTube:

Mention my name here and ask— If it's still safe to buy, because, market might have moved at that moment you might want to buy so it's better you mention my name and ask the current status of the stock.

Secondly, if you see profit but can't tell when to exit the market to enable you lock in profit — mention my name and ask, if it's the right time to exit, I will help you check and provide you answer.

Happy Trading, let's make this money.

I have seen it thanks boss

Bluearrow:
If anything should happen to your stockbroker platform, your CHN & CSCS number is the only way to recover your stocks from ngx. They will send it to your email once your trading account is ready & u should keep it well.

I don't even know this one o

Bluearrow:
Once your trading account is verified, ensure u have received your CHN & CSCS number before u buy any stock.