₦airaland Forum

WaytoGo:
Please, can you provide a little bit of info about this ' Cowrywise " platform?

Are they just fintech or registered under the SEC or better still how do I check them up to know my money is safe since ( I don't think) they are a fund manager or are they?

Beeron:
Bro you should understand that my point is: currency popularly used as medium of exchange.

How many countries uses Pounds as trade currency in comparison to the Dollar?

Even Euro in the Eurozone and globally is still popularly used over the British Pounds.

EquityM:
I mean, if other fund managers are doing well at the moment, I won't want to move my funds around; nevertheless, I might fish around and decide what is best for me. I already tried Afrinvest equity with 20k; I'll see how the market is doing and compare it with Cardinal.

compunigeria:
I am with Afrivest too, but my observation is that the rates you posted for cardinal equity were higher compared to Afrivest, especially the green days. Another is that, no returns for weekends and Public holidays. This is probably because their fund has more stocks investments.

Beeron:
Yes they are sec approved and they manage their own fund called cowrywise money market fund.

Go on sec website, look it up via Google or utilize AI and make your findings.

EquityM:
The review I am seeing on Afrinvest is not worth trying.

Arizona86:
I have used them before, you need to ensure your KYC is approved before investing with them. Most of those complaints are people whose kyc is pending approval and they want to withdraw their funds.
They also have a policy of 24 to 48 working hours before your fund drops in your wallet when you sell your investment but once the money is available in your wallet withdrawal takes some few minutes to transfer to your bank

Care4:
I've used for years and no issues. Portals and apps may have glitches but it doesn't make a house like afrinvest a bad one.
For me, the are one of the powerhouses in the capital market.

WaytoGo:
Are you aware of the amount of his capital?

EquityM:
How is the equity trading? Does it deliver good returns?

Care4:
Last year the ASI delivered around 51%. A couple of EMF beat it, while some were below it. "Good returns" is generic. Some are fine with 15% returns; for some, it has to be above 50%. It depends on individuals. For me, it has to beat the prevailing inflation or bank lending rate and give me 5-8% on top of it. So, you have to define what your good return is.

To your question, the returns on EMF have been impressive.

EquityM:
I'm not sure how some of these bonds function. One is making good money every day—between 20 and 24 percent—while the other is declining every day.

EquityM:
I actually prefer 50%. I just hope Cardinal will be able to make it this year. The CSOF of Cardinal, which has a minimum capital of 100m, is already at 20+%. I can't quite understand what stocks made the CSOF skyrocket.

welzyj2:
You comparing cardinal stone fixed income with which?

I feel it's the other underlying assets that causes the difference.

I was looking at united capital equity investment underlying assets- to be honest I don't think one will see more than a red in a week. Their equity is more like a balanced fund that's why YTD they are 7.58. 60% stocks 40% fixed income

EquityM:
I actually prefer 50%. I just hope Cardinal will be able to make it this year. The CSOF of Cardinal, which has a minimum capital of 100m, is already at 20+%. I can't quite understand what stocks made the CSOF skyrocket.

Care4:
You can check online, you will find the movers and shakers in their EMF portfolio. Most EMF pick 3 to 5 stocks on the premium board and a good number in the top 30 of the EQUITY board. Some even check it to decide what they can invest in directly. Another way is to check the ETFs they run. It can give you hints on their portfolio.

Care4:
Last year the ASI delivered around 51%. A couple of EMF beat it, while some were below it. "Good returns" is generic. Some are fine with 15% returns; for some, it has to be above 50%. It depends on individuals. For me, it has to beat the prevailing inflation or bank lending rate and give me 5-8% on top of it. So, you have to define what your good return is.

To your question, the returns on EMF have been impressive.

welzyj2:
I feel it's a premium club with premium maintenance

They will be trading daily and try to get daily profits

EquityM:
No, DLM Income Fund and Cardinal Income Fund. The DLM has been super.
Balanced funds tend to return less profit, as I am currently into the Quantum Zenith balanced fund.

welzyj2:
You comparing cardinal stone fixed income with which?

I feel it's the other underlying assets that causes the difference.

I was looking at united capital equity investment underlying assets- to be honest I don't think one will see more than a red in a week. Their equity is more like a balanced fund that's why YTD they are 7.58. 60% stocks 40% fixed income

welzyj2:
Ok. SFS fixed income is at 16.60

I don't think DLM and SFS operate theirs like Cardinal using NAV

EquityM:
Yes, bro. I am trying to get into Halo. My money must work for me.

welzyj2:
159% will cover inflation of 3 years

Hope the minimum entry amount isn't high like CD CSOF

Salarys:
Yea. United capital isn't doing bad as well. I'm also keeping close tabs on them.

Can I get the link to this?

EquityM:
I hope so; I am waiting for them to get back to me.

EquityM:
Yes, bro. I am trying to get into Halo. My money must work for me.

Beeron:
Chief, After Cardinal Stone confirmed your fixed income alpha subscription, How long did it take before they processed the investment for you to begin to see daily returns and does the value amount appear on your dashboard because mine appears to be blank after buying some fixed Income this morning.

Looking to test the waters with them.

EquityM:
Bro, what time did you subscribe? It usually shows instantly. Try and check using the web; however, you should see the amount by midnight in your dashboard.

Beeron:
I signed up using the app but isnt the web address app.cardinalstone.com?

EquityM:
Yes, it is. Wait till midnight, bro. It will show up.