₦airaland Forum

A305:
Go on Bamboo.

Go and buy dividend payinging ETFs or growth S&P500 stocks.

That way, you killing 3 birds with 1 stone.

1 - you hedging against Nigeria inflation

2 - You hedging against forex exchange

3 - You enjoying dividend.

Bonus point - Keep compounding and you won't be broke for life. Even your children will inherit and keep earning your dividends after you pass on.

An alternative

If you have real money; not the kind of chicken change I have oooo. I mean real money (Block money), the kind money that when you deposit it in a bank, Branch manager or regional manager will be calling to check in on you, sending your account statements through a gorgeous female bank staff to your house. That kind money — I will suggest you hand the money to hedge fund manager, go home to sleep and stop dragging MMF rates with us lol

bastardson:
Guyz what do you think about $SOUN and $JOBY.


I need long term investment stocks that are guaranteed to succeed in the nearest future.

I am currently invested in small amounts.

I don’t think I am good with swing trade as I am always super busy, I might miss out on sale signal

OakPearl:
NVDA is up 4%.
Over 194.8 million shares traded today at $120/share; an equivalent of $23.8 billion!😳
In this market, volume speaks louder than words.😁

yungestmoney:
Good evening house,
When is the next Treasury Bill auction?

emmasoft:
Norrenberger Dollar Fund

Hedge your naira against inflation and devaluation plus earn a return of 10.67% by investing in the Norrenberger Dollar fund.

Unique features:

Accepts naira deposit
Cash (dollar) deposit

Complete the attached form and get in touch.

TotoNaRubber:

I just got off the phone with someone who works in the DMO (Debt management office). He said the Fédéral government is struggling to pay workers and local debt may be delayed or a default is possible.

So brace yourselves for the worst.

aremso:
U can keep your 9-5 and still make fortune in us stock market just draw u a strategies and follow it, I have over 120 stocks on my watch list and I monitor the movement to get their strong support and resistance level and also monitor their earnings. Before I sleep I checked them randomly to know my next stock to fall to. I trade penny stocks and at least reasonably I know their movements, when u are in a penny from a very strong support level even it is going down my losses is minimal and when it spikes 50-100% that is the time to exit. If u don't map out strategies to use while holding your 9-5 then u not ready to prepare for eventuality. 9-5 will always not give u time to prepare for your financial future is u that will create something for yourself, I don't believe anything is not possible no matter how hard as long as there is a record that someone has done it successfully unless if am not interested

Grupo:
Good evening guys,

Please is secondary market interest not paid upfront like primary market?

I sent mail to stanbic customer care to buy 182 days treasury bills.

I got a call this morning from them that their bid failed and asked if I would like to buy secondary market. I said okay.

This evening, I got two debit alerts, all from my available balance. One was for sage keeping and another for transaction fee.

But up to now, they've not credited my interest. Is that how it works for secondary market?

emmasoft:
Please note that your investment in stanbic MMF has nothing to do with stanbic ibtc bank.

When you invest in stanbic MMF you indirectly invest in Tbills and commercial papers of reputable companies. You can only lose your investment if Nigeria government default in their obligations to investors in TBills. The probability is near zero.
By the way, stanbic ibtc bank is not even the fund manager rather the fund is managed by stanbic asset management a different entity even though they in the same holdco with the bank.
All the cash invested in MMF don't even pass through stanbic, SEC will not allow that. The custodian bank is UBA.

bfn1:
With Stanbic? Yes, it's possible to do it remotely.

Request for their T-bills bid form (I think you'll also be sent an indemnity form), fill & scan back to them.

Then proceed to fund your Stanbic account for the same amount you want to bid with (minimum ₦100k).

You may get a phone call from them for verbal confirmation.

Chinedu81:
Just got information from Stanbic IBTC that primary bid was not successful, how true is it?

keystone123:
just added some to the new group. If you can be patient enough and follow the rules you will all get.

Drop your number let add you up to the group.

Keep it coming

bfn1:
Here is the current collection account for StanbicIBTC MMF:

Account Name: UBA Nom First Trustees StanbicIBTC Money Market Fund Collection Ac
Account No: 1023413552
Bank: UBA
Note: Ensure you state your E-account number as the narration/description of your transfer.

This is just to buttress all that freeman67 posted up there.

freeman67:
1. Get the account number of Stanbic IBTC MMF collection account. You can get it from your bank. It is also part of the document given to you if you open your MMF accoun in a branch/offline.

2. Make your normal fund transfer to the account. It could be from the banking, throughout your internet banking or your mobile app. For me I do not (USSD) so I won't recommend it. Make sure this transfer is done before 12:00pm. It will reflect in your account later that evening. If not the it will reflect the next day.

3. State clearly in the Narration/Remark/ Reason for payment column : your Stanbic IBTC MMF Account number and your name.

4. With the above, you will only be charged N53 & N7.5 VAT. Nothing more.

brainhack:
It is just me or Stanbic MMF is not as competitive as before. Historically their interest rates are significantly lower compared to their competitors.

In my books FBNQ MMF seems to be doing far better than them in all aspects.

The link to check their current interest rate is not working, are they trying to hide it lol.

If they are tired, I am not tired of moving.

Twizzy30:
Hello good evening house, please i need help on how to buy a foreign company’s stock, I’m looking at buying tesla’s stocks. I made some little research online and saw I’ll need a brokerage account. Please can any expert here put me through. Thank you.

unite4real:
I opened with Morgan Capital and the minimum to start trading was N5,050.00

After that, you can even test the waters by buying shares worth 50 Naira or even less, like 2 units of zenith bank and 2 units of First bank shares

tumababa:
Which kin false information be dis

DreManuel:
I'm looking at the fundamentals.

For now, SAVE is selling at a Price-Book Ratio of 0.5x compared to the US Airlines industry average of 0.8x. If it gets to the level of industry average, I'd begin to suspect saturation. However, I would still look at its closest competitors to make a final decision.

Furthermore, SAVE's PE ratio is 4.7x which less than the industry average of 7.9x, so it's still selling below its fair value.

It also has a beta of 0.37 making it very less volatile, although it's a double-edged sword.

Southwest (LUV) to me is getting crowded so I would not buy more for now as much as SAVE. It's TTM PE ratio is 8.59 for a beta of 1.41. So, it's fundamentally selling at a higher price than SAVE even with a bigger beta. It's P/B ratio is also 1.9x which means it's selling at a premium and above the industry average.

I also consider LUV and SPIRIT to be substitutes since they are both low-cost carriers. Maybe its time for some portfolio rebalancing.

DreManuel:
I’m doing +20% on DAL already even after buying more twice at a higher price.

My Spirit (SAVE) is up +60% and I think the market isn’t too overcrowded yet.

MrDebonair:
@NNDM. Thank me later.

OakPearl:
EARNINGS OUTLOOK FOR THE WEEK AHEAD.

Please find below anticipated earnings for the new week.
I hope someone does their due diligence in picking a great win this week.
Cheers!

Monday, May 18:
Baidu Inc (BIDU), Bilibili Inc - (BILI), IQIYI Inc (IQ), Ryanair Holdings plc (RYAAY), Sea Ltd (SE),

Tuesday, May 19:
Home Depot Inc (HD), NetEase Inc (NTES), ORIX Co. (IX), Shinhan Financial Group Co., Ltd. (SHG), Walmart Inc (WMT),

Wednesday, May 20:
Analog Devices, Inc. (ADI), Copart, Inc. (CPRT), Ctrip.Com International Ltd (CTRP), Lowe's Companies, Inc. (LOW), McKesson Co. (MCK), Synopsys, Inc. (SNPS), TAKE-TWO INTERACTIVE SOFTWARE, INC (TTWO), Target Co. (TGT), ZTO Express (Cayman) Inc (ZTO),

Thursday, May 21:
Agilent Technologies Inc (A), Best Buy Co Inc (BBY), Hewlett Packard Enterprise Co (HPE), Hormel Foods Corp (HRL), Intuit Inc. (INTU), Medtronic PLC (MDT), National Grid plc (NGG), NVIDIA Co. (NVDA), Palo Alto Networks Inc (PANW), Ross Stores, Inc. (ROST), Splunk Inc (SPLK), Telekomnks Indn Prsr Tbk Prshn Prsrn-ADR (TLK), TJX Companies Inc (TJX),

Friday, May 22:
Alibaba Group Holding Ltd (BABA), Deere & Company (DE), Pinduoduo Inc (PDD),

Inehmesit:
I heard Robinhood is not available in Nigeria

DreManuel:
I find this very informative. Thanks so much. I just joined Robinhood and I've made my first trade. I've downloaded TD Ameritrade but haven't registered. Now I know that I have to say that I'm an "experienced trader" just to have access to more trading options.

Drenimarcus:
If you bought stock and never sold it since buying on the app, you have to pay zero in taxes on them. If you have sold, and held it for less than a year (I'm assuming you haven't held shares of stock on Robinhood for >1 yr), it gets taxed exactly like job wages