₦airaland Forum

auschris:
While still waiting for Afrinvest Equity fund to update for May 29, Zedcrest appears to be the only one of the equity funds I invest in that had a negative yield for May 29

Rico1278:
Cs +1%

auschris:
Very red.

Dramadiddy:
concerning buying the dip, it’s too early to say, it’s just two days of straight line activity, maybe next week will determine if this is where the ASI will decide to rest before the next run

auschris:
It has recovered fully and it's on track to close in the greens today. I made some 'risky' moves this week and they paid off. I was not confident enough to go in big.

Bluearrow:
Don't see it as insult. Before u invest in gt equity, they will give u test assessment, if u are not ready to lose 25% of your capital, then they tell u to stick to mmf & not equity. The people u think are insulting u are only telling u on time to leave this market, so u don't develop high bp.

Alot of u guys were drawn to equity because u were seeing upward movement, same way the market can go up for a month is same way it can go down for a month or even 6 months, so prepare your mind if u still wish to remain in this market or go to mmf now because your money can still drop more than what u are seeing now. Election is approaching & anything can happen.

auschris:
This too shall pass. Yakubu...manage

auschris:
So far, these are the MTD performance of the different equity funds I invest in :
Zedcrest +4.64%
Afrinvest +2.94%
GT Equity +1.98%
ARM Aggressive Growth Fund +1.28%
Cardinalstone -4.47%

NB: This does not include Friday's return for GT, Afrinvest and ARM
Nice one ..you real got time to be detailed

AbosedeFalade:
She's just an attention seeker. It's all about having people visit her TikTok page to see her scanty shop and patronize her.

Iamblessed8888:
We gonna make some money tonight

Beeron:
For a start, ASI wouldn't go down like in a way of crash, Naaah, this is basically just correction going on, a twist of fate can happen tomorrow whereby if institutional money enter ZENITH, GTCO and MTN tomorrow, that same tomorrow, ASI might as well gain full strength for another bull run, so it's really a case of bubble, no one wants to be at the receiving end catching the falling knife that's why a correction is happening now. So, the answer is NO! sometimes, ASI doesn't run its full course because it human trading with emotion.

Equity fund managers know how to manage this risk that's why they don't invest all funds into stocks, some keep cash to buy the dip while some invest in fixed income to cushion the loss, so all an investor will do is wait. Only stocks traders can change their destiny by making quick decisions. That's that.

Secondly, the DANGOTE refinery IPO listing is gaining so much buzz and frenzy that I don't even feel attracted to it at all. And to answer your question, it's just hype, it has nothing to do with the market for now until the listing finally comes to the market.

Beeron:
In my opinion about TA and FA debate. TA wins 70% of the time?

Why?

The simple truth is regardless of how solid the FA is, right; the market is still a bubble at the end of the day, even the economy is a bubble in itself, the struggle of not making that bubble burst is why government issues Tbill, Bond and OMO and buy them back. Now the day government fails to pay back or buy back, the bubble will burst, MMF will fail, bond will fail, Tbills will fail, omo will fail. Economy collapse.

Same with trading stocks using FA — again — No matter how solid FA is, the players in the market will ensure a bubble build because if a bubble don't build no one will take profit and no one will buy the stock in the first place. That's why TA comes in.

Now with TA, I can calmly sit in front of my computer and see the irrational buyers, the rational buyer, the noise and the quietness in the market as well as the opportunity and when to enter and leave, even if I don't know what the company is manufacturing, the fact that I can tell the best time to buy thier stock, make money and dump it is such a powerful flex because, in the long run, you will beat the market, compound your money faster and avoid crash in the event that that bad news hit the company and everyone are dumping their stock.

TA wins any day but it's hard to master TA however, FA is out there in the open for easy accessibility but TA takes time and experience to learn and master. But once you have good grasp of it, even in your 70s and 80s, you will still be trading stocks and continue to beat the market, no retirement.

Beeron:
lol, don't get scared. That's why it's called investment. Every loss is a paper loss until you withdraw your money to physical cash.

ASI ran up too high and too fast, so it only trying to correct itself before things gets back to normal.

The market operate in a zig zag pattern and that's how money is made.

investmentvirus:
Paramount, Zedcrest, Zrosk, ARM Aggressive and Halo Equity.

Whats their YTD?
Which is the best ever?
how do i register with them.

I think Paramount is owned by Chap Hills

I have heard a lot about these investments.
The market has really moved, how will the remaining months be if i start investing now?

Beeron:
1 day

Beeron:
This is ASI at "all time high" and it's getting weak. If it continues to get weak for long, there will be a pull back and when that happens, there will be more red days than green days.

Since you just starting, leave the money already invested just don't top up until you can confirm ASI has pulled back.

If you can't read trade chart, always ask ChatGPT what's the current state of ASI in Nigeria stock market. That will give you a hint even if you don't want to ask anyone.

Iamblessed8888:
Kanayakubu

Arizona86:
So stanbic is telling me that they made a loss on Friday with ASI at 2.10%. It's okay!!

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

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

Mankind2024:
Thank you for reading and for your honest response.
I never claimed the stock market is the economy, nor did I suggest that everyone can simply “discipline” their way out of poverty. I know the reality, high food inflation, widespread poverty, worsening insecurity, limited participation in the capital market, etc. Those are facts.

My post was simply sharing a personal testimony: how discipline, patience, and time turned my own savings into meaningful dividend income. It is possible for those who can participate, even if it’s only a small percentage of Nigerians right now. Celebrating that doesn’t mean I’m blind to the struggles of the majority.

You’re right that bad governance and weak institutions have contributed heavily to where we are. No serious person disputes that.
But waiting for perfect government before we take personal responsibility is also a trap. Many of the ordinary people building wealth quietly today started with very little, some during even worse economic periods.

My message has always been to those who can participate, start small, stay consistent, avoid greed and noise. Every person who builds financial independence reduces the burden on society, not increases it.

I’m not “uppity”, I’m just a grateful investor who chooses to focus on what I can control. Right now, I’m redeploying the dividends into quality names I already own (more Zenith, MTNN, and a few others I believe in long term). No hype, just steady compounding.
Wishing you good returns as well.

CSblackpink:
I guess they don't have it.