₦airaland Forum

rukyboy:
These stanbic guys can do better..

Had to call them before they finally resolved my issue

Have said it in here, always give them a call, don't rely on emails or ticket system except you're not in anyway in a hurry.

Batman2412:
Una know book for here. Una school fees no waste. Kudos

for a lot of us, no be for school we learnt the many small things we sabi today. Infact I still dey wish I stopped at Secondary school especially in this day and age.

You sef fit sabi pass us if you willing to put in the small effort

Equity is a mutual fund; I have 8m+ there, so do you think I will put my money where I'm going to lose it? If he is willing to take the risk, why not? Everyone has a choice to make. Moreover, there is always a backup plan to withdraw your money if it doesn't suit him.

bassdow:
Hope you are very much aware you can't invest in such and close your two eyes completely; You need constantly monitor, read, and analyse because a nanoSecond could be all it takes for both capital + interest to noseDive.

Don't just focus on earning, ensure you really really have above basic knowledge on what's happening. This one no be Mutual Fund wey you fit travel for months without check and it would keep compounding.
For that one, your 100 naira fit grow to 150 naira and still go as low as 20 naira or even lower.
Notice how forex traders are always online reading and analyysing this and that.

That person wey dey do una long throat, no really dey tell una the full story, just the happy side. e get reason we rarely suggest anything outside mutual funds in here; and before now, we for don try make am stop BUT guess we got tired and left you guys do as you wish and learn from experience.

Beeron:
Enjoy and the next strategy to work on as you see all these gains is the perfect exit strategy, otherwise all these gains you seeing will only be on screen.

Good thing it's equity and not individual stocks. All you have to do is keep an eye on ASI.

ASI is at all time high now, so monitor it everyday and follow up with the news.

More profit bro.

A lot of people trying to do long throat no dey aware of the bolded Ooo. They probably think say na invest and relax

No one is investing and relaxing. Lolll.

bassdow:
A lot of people trying to do long throat no dey aware of the bolded Ooo. They probably think say na invest and relax

bassdow:
A lot of people trying to do long throat no dey aware of the bolded Ooo. They probably think say na invest and relax

😂😁😂😁😁😂

This is very true 100%.

People forget greed until it's too late to turn back the hands time.

EquityM:
Equity is a mutual fund; I have 8m+ there, so do you think I will put my money where I'm going to lose it? If he is willing to take the risk, why not? Everyone has a choice to make. Moreover, there is always a backup plan to withdraw your money if it doesn't suit him.

Equity is a Mutual Fund but not in the category as the likes that everyone are involved in here though, A mutual fund just means pooling money together, its the underlying assets that distinguish them. You should know there's the possibility of loosing your money in Equity Fund unlike a Money Market Fund where it's basically impossible, hence the usual term capital preservation, though good managers often break even long term for equities
See for yourself the features of both as outlined by Cardinal. What's my point? Mutual fund does not mean safe, what the fund is used for is the most important factor

EquityM:
Well, it's risky, but the decision is in your hands. You won't lose your money, and if the market is going down, you can withdraw at anytime. Right now, the market is bullish.

Started with 20k this morning and e don drop sharp sharp. Its indeed the iniquities of equity

We know equity is risky, right? However, there is another equity from CardinalStone, which the minimum is 100m, and it will be locked up for one year. Losing or gaining is on behalf of the investor. One should not bash anyone for trying to invest in whatever they like. Do you know how many MMFs I currently run?

IamtheDef:
Equity is a Mutual Fund but not in the category as the likes that everyone are involved in here though, A mutual fund just means pooling money together, its the underlying assets that distinguish them. You should know there's the possibility of loosing your money in Equity Fund unlike a Money Market Fund where it's basically impossible, hence the usual term capital preservation, though good managers often break even long term for equities
See for yourself the features of both as outlined by Cardinal. What's my point? Mutual fund does not mean safe, what the fund is used for is the most important factor

Preator:
Started with 20k this morning and e don drop sharp sharp. Its indeed the iniquities of equity

it goes up and down so nothing new.
Mind you, starting with such tiny amount would hardly be able to absorb the losses enough before it climbs back up if and when it does.

I started with 70k last year, and it dropped down to 60k. However, my patience and resilience paid off. No one is forcing anyone to invest in Equity.

Preator:
Started with 20k this morning and e don drop sharp sharp. Its indeed the iniquities of equity

EquityM:
We know equity is risky, right? However, there is another equity from CardinalStone, which the minimum is 100m, and it will be locked up for one year. Losing or gaining is on behalf of the investor. One should not bash anyone for trying to invest in whatever they like. Do you know how many MMFs I currently run?

You're missing the point but hey, enjoy. Have a good one. Cheers

EquityM:
I started with 70k last year, and it dropped down to 60k. However, my patience and resilience paid off. No one is forcing anyone to invest in Equity.

Not saying folks shouldnt invest though this is my first foray into managed equity portfolios.

I do have significant equity holdings via meritrade (naira) and bamboo(usd). Just that both are long term plans.

My usual advice is that invest in mmf until u have steady inflow to cover ur expenses or even match your salaries then invest any additional funds in equities for the long term.

I'm not, bro; we all know that it is risky, but if someone wants to try something new, they should. The CSOF does 100 YTD. We are all learning. MMF will always be the best, but there are other options out there.

IamtheDef:
You're missing the point, but hey, enjoy. Have a good one. Cheers

The guy asked me if he could invest more; I said it is risky; however, if it doesn't go his way, he can cash out.

Preator:
Not saying folks shouldnt invest though this is my first foray into managed equity portfolios.

I do have significant equity holdings via meritrade (naira) and bamboo(usd). Just that both are long term plans.

My usual advice is that invest in mmf until u have steady inflow to cover ur expenses or even match your salaries then invest any additional funds in equities for the long term.

When it comes to growing your capital, equity is the only way.

Doing only money market fund is just like saving money and that's too conservative. You'll always be below inflation because the rates are always not encouraging. However, if you're old (60+), just stick with mmf.

To be safe, combine mmf, fixed-income and equity. You can always do 40:20:40 respectively. So if equity doesn't do well after a year (hardly occurs anyway), mmf and fixed-income will be your shock absorber.

Now imagine the three go well in just year, your smile will be different. But do no forget, equity alone is not the way. Always combine the three in that ratio.

Can someone explain this YTD metrics clearly.

Is it the value of the investment return.

How does it differ from the price change

Rhymeyjohn:
Can someone explain this YTD metrics clearly.

Is it the value of the investment return.

How does it differ from the price change

The yield doesn't matter when it comes to equity. My 1m in UC has added 24k in just 4days despite the low ytd

Preator:
Started with 20k this morning and e don drop sharp sharp. Its indeed the iniquities of equity

This bold statement which someone titled his book due to his loss in equity fund is one reason I'm scared of equity fund. I can imagine the kind of loss the author experienced to have come up with such an inspirational title

You nailed it, bro. I'm currently doing MMF, fixed income fund, and balanced fund. I once did stock, but it was too dramatic. One should always try something new. If my money drops vigorously, I go comot am.

Allboiz:
When it comes to growing your capital, equity is the only way.

Doing only money market fund is just like saving money and that's too preservative. You'll always be below inflation because the rates are always not encouraging. However, if you're old (60+), just stick with mmf.

To be safe, combine mmf, fixed-income and equity. You can always do 40:20:40 respectively. So if equity doesn't do well after a year (hardly occurs anyway), mmf and fixed-income will be your shock absorber.

Now imagine the three go well in just year, your smile will be different. But do no forget, equity alone is not the way. Always combine the three in that ratio.

Current return. Every year, each fund manager must submit their YTD and restart again at the beginning of the year.

Rhymeyjohn:
Can someone explain these YTD metrics clearly.

Is it the value of the investment return.

How does it differ from the price change

Preator:
Not saying folks shouldnt invest though this is my first foray into managed equity portfolios.

I do have significant equity holdings via meritrade (naira) and bamboo(usd). Just that both are long term plans.

My usual advice is that invest in mmf until u have steady inflow to cover ur expenses or even match your salaries then invest any additional funds in equities for the long term.

This bamboo app people use to invest in foreign stocks, do they also give something like CSCS to investors they can use to recover their foreign stocks should Incase something untoward happens to bamboo platform?

EquityM:
You nailed it, bro. I'm currently doing MMF, fixed income fund, and balanced fund. I once did stock, but it was too dramatic. One should always try something new. If my money drops vigorously, I go comot am.

Any Idea on stanbic Enhanced fixed income fund? How good are they?

I am using CardinalStone and Quantum Zenith for my fixed income fund. Fixed income is kind of sketchy; I'm still trying to get around it. I learned there are many ways to make money from it, especially when MPR meetings occur.

Allboiz:
Any Idea on stanbic Enhanced fixed income fund? How good are they?

Allboiz:
Doing only money market fund is just like saving money and that's too preservative. You'll always be below inflation because the rates are always not encouraging. However, if you're old (60+), just stick with mmf.

I agree with the bold
Maybe Stanbic balanced fund will be the best option for long term investors, since it is a combination of mmf and equity.

EquityM:
I am using CardinalStone and Quantum Zenith for my fixed income fund. Fixed income is kind of sketchy; I'm still trying to get around it. I learned there are many ways to make money from it, especially when MPR meetings occur.

I heard there's dividend biannually and the total rates at the end of a year is around 17 - 20%. Also, it doesn't go down anyhow like mmf. It's stable and steady.

Jayce242:
I agree with the bold
Maybe Stanbic balanced fund will be the best option for long term investors, since it is a combination of mmf and equity.

That's also a brilliant idea. Your fund will grow as it should.

Curiosity kills the cat 😁 if you are 40 years and above stick to MMF and other low risk investments


Don't be Mongo park or the lander Brothers in high risk investment 🤣

Creditalerts:
Curiosity kills the cat 😁 if you are 40 years and above stick to MMF and other low risk investments


Don't be Mongo park or the lander Brothers in high risk investment 🤣

40 years can still play with equity except the 40 is hypertensive.

Jayce242:
This bold statement which someone titled his book due to his loss in equity fund is one reason I'm scared of equity fund. I can imagine the kind of loss the author experienced to have come up with such an inspirational title

Just have a 5yrs minimum horizon for equities. If you try to time the market(entry or exit), you will likely lose. Buy a dividend paying stock, collect ur dividends periodically and forget the stock there. Stock mostly turn green in the long run.

Jayce242:
This bamboo app people use to invest in foreign stocks, do they also give something like CSCS to investors they can use to recover their foreign stocks should Incase something untoward happens to bamboo platform?

Yes, u have details u can use to login to Drivewealth. U can try it.