₦airaland Forum

EquityM:
No, check out Zrosk; they sent me my valuation statement and portfolio performance.

Wow. They dont reply emails! I emailed them weeks ago.

Really, bro? Send me a DM; I will forward your email to my account officer there.

Smattrader:
I have reached a boiling point with DLM.
@EquityM, for your info, would you believe that DLM has yet to onboard me and credit my account since?


Latest tomorrow, I am going to reques for my money. I have already lost a lot of money, but my fixed income with CS is generating interest.

contact@zrosk.com

investments@zrosk.com

Email subject: Nairaland Subscriber.

Gratefulme:
Wow. They dont reply emails! I emailed them weeks ago.

Lol, I am literally reading all your inputs. You are so knowledgeable in this. Thank you.

Btw, Why did you say equity fund is not good for people above 45?

Jayce242:
If u are a long term investor & below 45 yrs, I think it is better to take risk with equity fund.

High blood pressure and patience tolerance.

Gokoyer0:
Lol, I am literally reading all your inputs. You are so knowledgeable in this. Thank you.

Btw, Why did you say equity fund is not good for people above 45?

Gokoyer0:
Lol, I am literally reading all your inputs. You are so knowledgeable in this. Thank you.

Btw, Why did you say equity fund is not good for people above 45?

Because of time
Investments with high volatility are not recommended for people approaching 50. Equity has high potential of greater returns, but it is also very risky. The more time u have on your side, the longer u can wait to absorb any loss & wait for a recovery.

EquityM:
Really, bro? Send me a DM; I will forward your email to my account officer there.

Ok, done.

You are right. People like me is investing in MMF, and even buying some small shares here and there .. This is my retirement plan. I am in for compounding effect. I have been using cowrywise majorly, right now, I want to add equity investment.

The only thing I think it's a waste of time and that can't really best inflation is fixed deposit.


Can you suggest platforms/apps where I can be able explore equity investment very well?

Jayce242:
Because of time
Investments with high volatility are not recommended for people approaching 50. Equity has high potential of greater returns, but it is also very risky. The more time u have on your side, the longer u can wait to absorb any loss & wait for a recovery.

Depends on your budget. I recommend Zrosk, as it is a VIP equity. CardinalStone is also good if you can be patient. There is also VIP CardinalStone (100 m).

Gokoyer0:
You are right. People like me is investing in MMF, and even buying some small shares here and there .. This is my retirement plan. I am in for compounding effect. I have been using cowrywise majorly, right now, I want to add equity investment.

The only thing I think it's a waste of time and that can't really best inflation is fixed deposit.


Can you suggest platforms/apps where I can be able explore equity investment very well?

EquityM:
Of course, I can't put 9.5m+ into a Ponzi scheme. I'm also using TrustBanc directly, and they send me my statement weekly. I had trust issues with them at first; after doing back-and-forth withdrawal and my research, I let go of my worries.

I tried using thier app but its quite frustrating.

How are you managing with them?

TrustBanc is okay; they are doing well, and I have an account officer as well.

temi4fash:
I tried using thier app but its quite frustrating.

How are you managing with them?

Another huge amount of money is dropping tonight. Equity traders, we don suffer in January, February is our month. God dey on our side.

Gokoyer0:
You are right. People like me is investing in MMF, and even buying some small shares here and there .. This is my retirement plan. I am in for compounding effect. I have been using cowrywise majorly, right now, I want to add equity investment.

The only thing I think it's a waste of time and that can't really best inflation is fixed deposit.


Can you suggest platforms/apps where I can be able explore equity investment very well?

I just started using Stanbic equity recently. The op of the thread has been using cardinal stone & has confirmed it is good too.

100m naira is for big boys
I can't seem to find zrosk app on playstore. Can you tell me how I can sign up to zrosk?

EquityM:
Depends on your budget. I recommend Zrosk, as it is a VIP equity. CardinalStone is also good if you can be patient. There is also VIP CardinalStone (100 m).

Thanks

Jayce242:
I just started using Stanbic equity recently. The op of the thread has been using cardinal stone & has confirmed it is good too.

They don't have an app; however, I can share their contact details. They are still building their website; moreover, I was told today that they will send weekly portfolio updates, as they will be sending a copy to the SEC as well. Every month, you will get your statement valuation and the portfolio performance. Lastly, equity is for the long term; before you delve in, are you going to be happy seeing red and green?

Gokoyer0:
100m naira is for big boys
I can't seem to find zrosk app on playstore. Can you tell me how I can sign up to zrosk?

Nigeria is a weird place to invest.

The citizens like to invest in Dollar mutual funds to hedge against the Naira devaluation essentially betting against their own currency.

Meanwhile foreign investors brings in Dollar, converts their dollars to Naira to invest in Naira mutual funds.

Weird

Beeron:
Nigeria is weird place to invest.

The citizens like to invest in Dollar mutual funds to hedge against the Naira devaluation essentially betting again their own currency.

Meanwhile foreign investors brings in Dollar, converts their dollars to Naira to invest in Naira mutual funds.

Weird

Anyone still converting naira to dollar to invest because of devaluation doesn't know anything about investment and they are losing a lot of money.

Since the emergence of our president, all naira investments have been doing so well and great.

I am here for long term. I have been seeing some green and red already in Cowrywise. I am used to it

By the way, What's the minimum fund to start with zrosk?

I.will contact them. Thank you

EquityM:
They don't have an app; however, I can share their contact details. They are still building their website; moreover, I was told today that they will send weekly portfolio updates, as they will be sending a copy to the SEC as well. Every month, you will get your statement valuation and the portfolio performance. Lastly, equity is for the long term; before you delve in, [b]are you going to be happy seeing red and green?

[/b]

Been patiently waiting for this update 😁😆

EquityM:
Another huge amount of money is dropping tonight. Equity traders, we don suffer in January, February is our month. God dey on our side.

temi4fash:
I tried using thier app but its quite frustrating.

How are you managing with them?

How do you mean frustrating? Are you sure you're using prime pro? I see comments like yours and wonder if it's same app I use. As far as I know, its user friendly, basic and straightforward for mmf use.

Allboiz:
Anyone still converting naira to dollar to invest because of devaluation doesn't know anything about investment and they are losing a lot of money.

Since the emergence of our president, all naira investments have been doing so well and great.

Anyone converting to dollar at this point is still operating on the old Knowledge that Naira will crash soon against the dollar.

I won't blame them, if you think about it, Not everyone has access to financial knowledge update like we share with ourselves on this forum and even on YouTube.

Most people stumble on financial news updates by accident, only few go actively looking for it, hence, the reason for the wide gap in knowledge.

Gokoyer0:
I am here for long term. I have been seeing some green and red already in Cowrywise. I am used to it

By the way, What's the minimum fund to start with zrosk?

I.will contact them. Thank you

5m

5M and top-up will be around 250 to 300k.

Gokoyer0:
I am here for the long term. I have been seeing some green and red already in Cowrywise. I am used to it

By the way, What's the minimum fund to start with zrosk?

I.will contact them. Thank you

Gratefulme:
How do you mean frustrating? Are you sure you're using prime pro? I see comments like yours and wonder if it's same app I use. As far as I know, its user friendly, basic and straightforward for mmf use.

Yes boss.. I have not being able to access the app and i have downloaded it even though an account has being opened for me

Maybe i would just need to redo it again.

Sorted, check your account.
.

Smattrader:
Ok, done.

EquityM:
Sorted, check your account.
.

Thanks a bunch. The experience has been so traumatising I can't believe that.

By the way, I am not sure what's happening after I accessed the account ;

No accrued interests even though the advisor claimed there was since Monday only N51? Of N500,00k or am I missing something cos I don't understand or this is how they work so that I can decide to get out of their platform after all the troubles being onboarded. I don't even want to compareh interest from CS with what I am seeing from DLM that I did the same day.

Please, make this make sense to me or help explain oh.

Beeron:
Anyone converting to dollar at this point is still operating on the old Knowledge that Naira will crash soon against the dollar.

I won't blame them, if you think about it, Not everyone has access to financial knowledge update like we share with ourselves on this forum and even on YouTube.

Most people stumble on financial news updates by accident, only few go actively looking for it, hence, the reason for the wide gap in knowledge.

Are u looking at it from a long term perspective? Saying naira won't fall against dollar means there will no longer be inflation. America has the best economy in the world reason the USD was adopted as the reserve currency. The dollar will always be ahead of the naira in terms of beating inflation. Our production output has not increased, export is still low & import is going higher, forget about the temporary gains. Long term naira will fall against dollar, same way dollar will fall against gold. Go check history. What was the value of naira to USD in the early 90s, 2000, that will give u the answer.

Allboiz:
Anyone still converting naira to dollar to invest because of devaluation doesn't know anything about investment and they are losing a lot of money.

Since the emergence of our president, all naira investments have been doing so well and great.

If u buy a land of 10m naira & save another 10m in the bank. Which do u think will be more valuable in a few years? The US dollar is the most traded currency in the world & it is the country with the best economy in the world. It is just a matter of time, inflation will force naira to succumb to the US dollar. Any gains u are seeing now is just temporary.

EquityM:
Sorted, check your account.
.

My deposit history, my transaction history , gains, income accounts all are still showing zero. Please, is this how it works for the first timer. I need to know before I wrote them a long letter asking questions.

Below is the screen shot.
If this continue this way , I guess I may have to discontinue with them. They've given me enough headache.

@Beeron.... Please Why is no one paying attention to ETFs on NGX?

Salarys:
@Beeron.... Please Why is no one paying attention to ETFs on NGX?

I have personally not invested in it but I learnt that it's easy to get into but not easy to exit.

I hate it when I provide answers like this because I don't have first hand experience.