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Travel / Re: Canada To Reduce Number Of Foreign Workers by Penboy: 11:25am On Mar 22
enemyofprogress:
no go Australia. There girls no sabi fok

Who tell you this lie?

1 Like

Investment / Re: Us Stocks Pick Alert by Penboy: 7:44am On Mar 22
Capitas7:


Very well said bro! I'm happy for you on those two winners too. You are sitting on a huge profit.
I enjoyed averaging down on some decent company stocks when I had accounts with brokers that allowed fractional shares. I had to close those accounts because the investors/traders never "owned" the shares. We were just custodians, if that's the right way to put it - and that does not align with my investment objectives.

Thank you for sharing your experience and views bro. Healthy conversations make us all better - nobody can flourish as an island.

Really?
Can you share such platforms please? Just in case some of us use them to be weary.

1 Like

Investment / Re: Us Stocks Pick Alert by Penboy: 1:58pm On Mar 21
emmaodet:


Thanks very much bro.
I will go through those books and read them thoroughly.
Thanks

Ps.
You can also add good podcasts in addition to those books. You can download Google podcast or Spotify.

Search for "HALF TIME REPORT CNBC"
"FAST MONEY" CNBC

You'll keep abreast with recent happenings and analysis in Wallstreet.

2 Likes

Investment / Re: Us Stocks Pick Alert by Penboy: 1:53pm On Mar 21
Capitas7:
The Berkshire shares being accummulated by Warren around $25 in 1969 are now traded at around $600,000 today. That is the kind of wealth that the US market offers. There are opportunities to make money, but even more opportunities to build wealth. We choose which one we want. Cars selling for $2500-4400 back then are now selling for $30,000-60,000, so the then $25 is arguably worth $400 today at worst.

I remember doing some homework on Micron towards the end of 2022 and sharing with a good friend how I wanted to accumulate the stocks between $58-65. I did buy in tranches till my BE was $62. Poor quaterly results doubled with the performance of the sector made me sell all, to buy in another sector. I needed little patience, more believe in my judgements. What I was also yet to learn were:
1. How to decipher when one-off bad results do not harm the prospects of a company

2. How flexibly undervalued companies can fluctuate in price to shake off impatient investors.

3. Even when cutting losses, one should continue to reevaluate the company. Never stay away from accompany you once saw as undervalued.

4. Selling one to buy another is not always a good call. One sometimes needs extra cash for new opportunities - as you build your portfolio, also build your "waiting cash".

Micron has been selling for $90+ until yesterday when it rose to $113. No serious regrets - I am happy I identified a good company, and I am happy I learnt a lot of lessons from my mistake.

Everyone has a lesson or two to learn from the US stock market bro. And learning from your experience is also what adds to our knowledge and sharpens our skill in the market.

Like it is commonly said, time in the market is greater than timing the market. In 2022, I also own NVIDIA and AMD in my portfolio. Got in AMD around lower than 80 and NVIDIA around 260 or so. Then the rate hikes killed the market.

Funny thing is INVIDA came to us around 90 USD and many of us were still scared to go in. Look at NVIDIA today.

Anyways, lesson learnt. If you identify a solid company and the dynamics of the company hasn't changed, please hold an average down for any dip. I bet you, the stock will rise again.

Notable examples of stocks I own that did that.
1. $OSCR
2. $DAKT

1 Like

Investment / Re: Us Stocks Pick Alert by Penboy: 11:48am On Mar 21
Capitas7:

That's quite sad; you made a great point boss.

It is well boss.

1 Like

Investment / Re: Us Stocks Pick Alert by Penboy: 11:02pm On Mar 20
yok:

Please we are no jokers here. Do not give fake news. This place is for serious investors.

We can all check: https://www.investing.com

Even the document you posted said rate was unchanged.
Investment / Re: Us Stocks Pick Alert by Penboy: 11:01pm On Mar 20
yok:

Please we are no jokers here. Do not give fake news. This place is for serious investors.

We can all check: https://www.investing.com

Lolz.
There was no rate cut after the meeting sir. There's still possibility in the future. But not after this meeting.
Investment / Re: Us Stocks Pick Alert by Penboy: 8:32pm On Mar 20
Powell decision not to cut rate again after the FOMC meeting. Interesting times ahead. He really want to get inflation under 2 percent. Crazy times.
Investment / Re: Us Stocks Pick Alert by Penboy: 11:55am On Mar 20
SetrakusRa:


I think it’s Brazil. It’s the broker which Passfolio users were transferred to.

Yeaah..
It is going from your end?

I tried registering and it didn't go through

1 Like

Investment / Re: Us Stocks Pick Alert by Penboy: 5:00pm On Mar 19
Recent sell offs in the market...
Investment / Re: Us Stocks Pick Alert by Penboy: 6:44pm On Mar 18
SetrakusRa:


I think it’s Brazil. It’s the broker which Passfolio users were transferred to.

Yeah.. Something like that.
Anybody using them?!

I couldn't register.
Investment / Re: Us Stocks Pick Alert by Penboy: 3:45pm On Mar 18
SetrakusRa:
Vest 0% commission just went live. I might transfer from Bamboo, it’s just so expensive.

Has anyone here transferred their securities from bamboo to another brokerage firm? How was it & how long does the process take?

Is this Nigerian?

It's Mexican.
I'll try and regsiter for it.
I see it's been on since February 2023

1 Like

Investment / Re: Us Stocks Pick Alert by Penboy: 8:39am On Mar 18
Capitas7:


I agree with you on the likely reason for low turnout on this forum. Paid subscription tends to be a fair way if making money if it is not forced, or advertisements not made to sound like "you can never do well at this unless you pay us to teach you or do it for you".
I think you will do very fine trading foreign stocks. Your experience with the local stocks market and your kind of questions are the important ingredients.

I think the main reason is people do not know what platform to use and trade foreign stocks. Most interesting platforms don't even accept Nigerians anymore.
Investment / Re: Us Stocks Pick Alert by Penboy: 8:38am On Mar 18
yok:
PREMARKET IS GIVING INDICATION OF A LIKELY BULLISH WEEK
The stock market athmosphere is full of optimism. Tech, blockchain oil sectors looking good.

I think the tech sector would see a slow down these subsequent weeks, especially the Semi conductors. But it's quite unfortunate cos I just got into some semi plays tho.
Investment / Re: Us Stocks Pick Alert by Penboy: 8:35am On Mar 18
aremso:
Just having feelings

FOXO Technologies will have a massive run up


Not investment advice

Your DD

What are you seeing boss?!
Crime / Re: Lady Attempts Suicide After Her Boyfriend Called Off Their Relationship by Penboy: 8:31am On Mar 18
Goodlady:

See judgemental person o!
Do I know you or I resembled one of ya immoral sisters?

I'm not o.
I just stating what is obtainable in the world currently.

We redpillers understand the game so we just observe.

We've seen it all from our salad days.

1 Like

Crime / Re: Lady Attempts Suicide After Her Boyfriend Called Off Their Relationship by Penboy: 8:25am On Mar 18
Goodlady:
Don't kill yourself.
Not cos of men cos they're scumbags.
If you see a man that doesn't fornicate, it's cos he's not financially buoyant.
Once they get small change and manage to buy Lexus 350, their prick ll be salivating over young girls. You'd see them calling all girls, when ll you come to my house, come to my house, have you eaten?
Until they carry a mammy water!
Aye okunrin mi ti baje via afowofa!
The world ll be better if we v women as leaders, especially this Nigeria.

When you were younger you were going after men with Lexus leaving hustling guys behind. Now you're not attractive to them anymore and you're annoyed they're going after younger girls.

3 Likes

Investment / Re: Us Stocks Pick Alert by Penboy: 2:50pm On Mar 13
yok:
THERE IS BIG GAIN IN LONGEVITY
At this point, I am not afraid of selling at a loss if necessary. Why, I know the market cannot take away some of the profits I have pocket.

For example you can refer to the 2 stocks, I showed from my portfolio recently (NVDA and COIN). if they fall more than 20% from their current position, I will sell. Equally, MARA, CLSK and other bitcoin stock are in my selling list once they hit my stop loss. Thank God for the new ETFs for blockchains, we now have dividend paying bitcoin related ETFs. So if I am fed up with the normal bitcoin stocks, I will port to the ones paying dividend.

Can you list the Bitcoin ETFS in your stock trading platform?
Investment / Re: Us Stocks Pick Alert by Penboy: 10:06am On Mar 09
mygee2:

How can I reheated T212 as Nigerian

You can't
I'm sorry
Investment / Re: Us Stocks Pick Alert by Penboy: 9:48am On Mar 08
chunkuli:
Please how do you use skrill to fund T212 accounts?

They don't accept skrill.
Only Google pay for now
Business / Re: What Can N50 Buy In Your Area? by Penboy: 11:27pm On Feb 17
Two pure water
Business / Re: Access Holdings Names Bolaji Agbede As Acting CEO by Penboy: 5:44am On Feb 13
Hmm..
I hope she maintains the unique tone set by the former CEO.

There's something about unmarried women taking up leadership positions. If you know you know.

Well, it's acting CEO. We'll watch her from here.

3 Likes

Business / Re: Western Union Flagged Me For Suspicious Transactions by Penboy: 6:45pm On Feb 08
dejavubobo1:
I'm a data analyst. Got a little weekly pay job from an academy in Europe. Surprisingly after 3months of work and weekly payment, My name was flagged by western union on suspicion of fraud (with my pay for February second week cancelled after many hours seating infront of the computer).

It's very appalling and morale draining to be profiled in one's own country. I really wish I could push for a law suit and make them understand not all Nigerians are criminals and seeing us/considering us as one will have consequences.

Has anyone had such terrible experience, how did you handle?

Why use WU tho?
When you can use Payoneer or any of the digital methods of money transfer.

Na una dey do unaself sha.
Properties / Re: How much does it cost to drill (dig) a Borehole, on an average? by Penboy: 4:20pm On Feb 05
Depends..
European Football (EPL, UEFA, La Liga) / Re: Kylian Mbappe To Join Real Madrid At The End Of The Season - ESPN by Penboy: 7:56am On Feb 04
Wife wey wan cheat go cheat..
It's just a matter of time.

82 Likes 4 Shares

Celebrities / Re: Why I Don’t Like Kissing In Movies – Laide Bakare by Penboy: 10:01am On Feb 03
ibrocool:
It is either Laide Bakare paid someone to do this write-up for her or she use Chat-GPT. We all know that she has never spoken a perfectly constructed grammar with rich vocabulary in the public or in a live interview before.

It's so obvious that the text is AI generated.
Each sentence began with an -ing verb.

If you've studied AI text so well, you can easily spot many similarities

2 Likes 1 Share

Events / Re: Is 1 Million Naira Enough For Wedding In This Time And Age ? by Penboy: 3:26pm On Jan 30
princemillla:


If you are willing to really know, come whatsapp or you call me

Your number please

1 Like

Events / Re: Is 1 Million Naira Enough For Wedding In This Time And Age ? by Penboy: 10:49pm On Jan 29
princemillla:


Your question is not clear sir

How much sorry
Events / Re: Is 1 Million Naira Enough For Wedding In This Time And Age ? by Penboy: 3:35pm On Jan 29
princemillla:



Am an event planner.

With current situation of economy, yes you can plan wedding with 1m naira but with guest of 20 to 50 only. .except the bride price which should never comes into ur budget.


Please how should someone budget for a good wedding in place like state state?
With like 300 guests.
Car Talk / Re: Tell Us Your Car Fault Lets Assess And Fix Them by Penboy: 7:31am On Jan 27
kingreign:


Your choice of word says otherwise.

Your trusted mechanic can Inflate price of parts just to get his share nau.

The trust is if he's going to give you quality work. But if you have an idea on how much the goods cost, you can negotiate the amount you're sending him.

That's my point.

2 Likes

Car Talk / Re: Tell Us Your Car Fault Lets Assess And Fix Them by Penboy: 7:13am On Jan 27
kingreign:


You may wish to have this knowledge at the back of your mind. You giving your car to someone you do not trust based on finances tells alot. You trust someone with a car that your life, that of your loved ones and other road users depend upon for safe operations yet you do not trust him for finance?


Baba, if you don't trust someone avoid the services of such person.

This is not a trust issue..
It's about pricing!
Car Talk / Re: Tell Us Your Car Fault Lets Assess And Fix Them by Penboy: 11:57am On Jan 26
kingreign:

If you can go for very high quality, pls do. I personally don't subscribe to Tokunbo as alot of them are subjected to various degrees of wear and tears thus diminishing their performance and lifespan. Also, most dubious parts sellers fraudulently refill and sell worn out shocks to unsuspecting buyers and these won't last.

Thank you sir.
Please dyou have a price range for it please?
I have no idea make this mechanic no rip me.

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