₦airaland Forum

Bro, can I use my CHN in cowrywise for Cardinal Stone sign up and other platforms as well?

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

Jayce242:
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.

No one is really disputing anything here with you for you to have taken it this far down memory lane.

We only trying to celebrate our win for now. The last time Naira beat the dollar was about a decade ago.

It's a little win, we not blind to reality we just celebrating our little win which won't last long.

Bro, just withdraw your money from them.

Smattrader:
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.

Yes, you can ask them that you want to maintain your clearinghouse number.

Gokoyer0:
Bro, can I use my CHN in cowrywise for Cardinal Stone sign up and other platforms as well?

Fixed income and treasury bill trading today.

Iamblessed88:
Mehn, this is awesome and not talked about alot. It’s almost like equity but with less risk

Withdraw your money, bro.

Smattrader:
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.

Gokoyer0:
Bro, can I use my CHN in cowrywise for Cardinal Stone sign up and other platforms as well?

Yes, during sign up, u will see a space to enter your CHN number if u already have one. Every broker have this space on their sign up page.

I had 41k in my Zenith balanced fund; this month is the first time I am seeing gains from this fund. I will top up and see how it goes.

EquityM:
Withdraw your money, bro.

Ok, bro. Thanks for all your help and support on this matter.

EquityM:
Fixed income and treasury bill trading today.

That means we shall be seeing green tonight.

The entire write up summarizes one concept called Bond Convexity Effect.

Simply put, it means bond prices and interest rates /yield have an inverse relationship. As one falls, the other rises.

If CBN cuts MPR this month, the gains you are seeing now with the alpha fund will be childs play compared to what it will become. It may even double.

Nice one and congrats in advance of your green day with equity.

Between, where did you get this? Is this a daily report?

Cardinal has a research portal; I have shared the link below. Kindly fill in your details, and you will get all the information you need, both data and analysis. Click on the message icon that is attached.

I am really stumped on whether to go aggressively on the fixed income or my equity with Zrosk. The earnings from a fixed income fund sometimes match the equity.

https://research.cardinalstone.com/reports

Iamblessed88:
That means we shall be seeing green tonight.

The entire write-up summarizes one concept called Bond Convexity Effect.

Simply put, it means bond prices and interest rates /yield have an inverse relationship. As one falls, the other rises.

If CBN cuts MPR this month, the gains you are seeing now with the alpha fund will be childs play compared to what it will become. It may even double.

Nice one and congrats in advance of your green day with equity.

Between, where did you get this? Is this a daily report?

After comparing DLM and CardinalStone fixed income, CardinalStone fixed income clearly outperforms DLM's. However, doing both is acceptable because it avoids putting all of your eggs in one basket.

EquityM:
After comparing DLM and CardinalStone fixed income, CardinalStone fixed income clearly outperforms DLM's. However, doing both is acceptable because it avoids putting all of your eggs in one basket.

Bro you actually making a decision based on the daily/weekly returns of both funds while forgetting that you chose them initially for their annualized returns for last year.

My suggestion is: why not stay put in one and massively invest into it to get good returns. Whether Equity or fixed income or weather difference fund manager of fixed income.

If you keep moving here and there, your followers who look up to you on this thread will also be moving here and there and falling for the trap of onboarding issues and what not.

The dark truth of the matter is many people who came here from the MMF thread consider you a "lab rat" for their own investment. They want you to keep doing the testing and give the feedback before they can decide to invest or not.

For how long are you going to continue to do that while loosing focus of growing your money in one place?


I'm only concerned because, I see through you, you are a good person and you have the right intentions and you have a set goal/target to meet in your investment journey but I just need to put this out here to let you know that you slightly getting distracted with this testing back and forth.


One love brother, please do not see this as an attack, if you perceive it as an attack, I will gladly delete it, I'm just telling you what I would tell my brother if he was you.

Cheers, bro, for the advice. I'm not moving my funds up and down; however, I just think having 2 fund managers might be better in some circumstances. As you mentioned earlier, I will be sticking to one equity and one fixed income manager to grow my portfolio.

Beeron:
Bro you actually making a decision based on the daily/weekly returns of both funds while forgetting that you chose them initially for their annualized returns for last year.

My suggestion is: why not stay put in one and massively invest into it to get good returns. Whether Equity or fixed income or weather difference fund manager of fixed income.

If you keep moving here and there, your followers who look up to you on this thread will also be moving here and there and falling for the trap of onboarding issues and what not.

The dark truth of the matter is many people who came here from the MMF thread consider you a "lab rat" for their own investment. They want you to keep doing the testing and give the feedback before they can decide to invest or not.

For how long are you going to continue to do that while loosing focus of growing your money in one place?


I'm only concerned because, I see through you, you are a good person and you have the right intentions and you have a set goal/target to meet in your investment journey but I just need to put this out here to let you know that you slightly getting distracted with this testing back and forth.


One love brother, please do not see this as an attack, if you perceive it as an attack, I will gladly delete it, I'm just telling you what I would tell my brother if he was you.

EquityM:
Cheers, bro, for the advice. I'm not moving my funds up and down; however, I just think having 2 fund managers might be better in some circumstances. As you mentioned earlier, I will be sticking to one equity and one fixed income manager to grow my portfolio.

Thanks for not seeing the message as an attack. Some other persons will perceive it as an attack.

Good one bro.

@ EquityM

Regarding this your quote

"I am really stumped on whether to go aggressively on the fixed income or my equity with Zrosk. The earnings from a fixed income fund sometimes match the equity."

Just balance both, half millions on Equity and half millions on fix income, don't go full throttle on one.


Reason from my strategic point of view is: The government (Bond) and companies (Equity) are competing for your money, this is why companies pay dividend (Equity Risk Premium) to lure away from BONDS investment or fixed income investment.

You too, be strategic to be positioned in both committing by halfing your resources into both. Say you have 10M, 5 million Equity, 5M fixed income fund.

Chikina.
O Tan Niyen.
O foor Ne.
Emechara.

I don't think that way, bro; growing money is important, so I will decide on choosing who I will stay with for my money to grow. One love, bro.

Beeron:
Thanks for not seeing the message as an attack. Some other persons will perceive it as an attack.

Good one, bro.

Good advice, bro.

Beeron:
@ EquityM

Regarding this your quote

"I am really stumped on whether to go aggressively on the fixed income or my equity with Zrosk. The earnings from a fixed income fund sometimes match the equity."

Just balance both, half millions on Equity and half millions on fix income, don't go full throttle on one.


Reason from my strategic point of view is: The government (Bond) and companies (Equity) are competing for your money, this is why companies pay dividend (Equity Risk Premium) to lure away from BONDS investment or fixed income investment.

You too, be strategic to be positioned in both committing by halfing your resources into both. Say you have 10M, 5 million Equity, 5M fixed income fund.

Chikina.
O Tan Niyen.
O foor Ne.
Emechara.

EquityM:
Good advice, bro.

Na better person you be, na why.

Thumb up bro and how is the weather over there?

Summer is around the corner, and I am really happy with Zrosk; the guy is really smart, and he knows how the stock market works.

Beeron:
Na better person you be, na why.

Thumb up bro and how is the weather over there?

EquityM:
Summer is around the corner, and I am really happy with Zrosk; the guy is really smart, and he knows how the stock market works.

what's funny is the guy didn't originally plan on starting a fund manager firm when he returned from U.K to Nigeria oooo. He came to be a VC and private Equity investor.

Along the way, he said, he was just spotting opportunities and how undervalued most Nigeria stocks were, that why he and his partner set up Zrosk. What's funny is he studied chemistry and his partner studied Engineering but they are both killing it in the financial market.

He finally moved his family from U.K back to Nigeria last year to be fully based here.

EquityM:
Cardinal has a research portal; I have shared the link below. Kindly fill in your details, and you will get all the information you need, both data and analysis. Click on the message icon that is attached.

I am really stumped on whether to go aggressively on the fixed income or my equity with Zrosk. The earnings from a fixed income fund sometimes match the equity.

https://research.cardinalstone.com/reports

Okay, thanks alot for this. It’s quite hard to choose between the fixed income fund and equity to be honest. It’s seeming like the Fixed income fund is more aggressive with lower volatility (I may be wrong)

I’m not really a fan of splitting funds. Granted, going in all the way comes with concentration risk but the reward trumps “half here and half there”. However, It’s safer to diversify though.

I’m going in more on the fixed income alpha for now. Seeing that i can realize my monthly MMF earnings in just one day on the Fixed Income Alpha is annoying.

As long as your sell NAV is greater that your buy NAV, you would realize all your accrued interest yea?

I can see the app wouldn’t let me deposit more than 1M via the transfer option. Do they have a dedicated bank account for this so that one can just use the bank

He said you should fund your wallet first and then transfer the funds from the wallet to the fund. Try and fund the wallet using the web instead of the app. Go to fund wallet and pay by transfer. If you are unable to do it, send them an email or send me a DM so I can share their account number.


A folk here in Nairaland deposited 10M; let me ask him how he did it. They do have a bank account as well; try the web and let me know. Yes, you have to sell high to get all your interest. The best months to sell are July and January 5th or 6th, when the dividend is paid out.

Iamblessed88:
Okay, thanks alot for this. It’s quite hard to choose between the fixed income fund and equity, to be honest. It’s seeming like the fixed income fund is more aggressive with lower volatility (I may be wrong)

I’m not really a fan of splitting funds. Granted, going in all the way comes with concentration risk but the reward trumps “half here and half there”. However, It’s safer to diversify though.

I’m going in more on the fixed income alpha for now. Seeing that i can realize my monthly MMF earnings in just one day on the Fixed Income Alpha is annoying.

As long as your sell NAV is greater that your buy NAV, you would realize all your accrued interest yea?

I can see the app wouldn’t let me deposit more than 1M via the transfer option. Do they have a dedicated bank account for this so that one can just use the bank

Try this as well using the app.

EquityM:
He said you should fund your wallet first and then transfer the funds from the wallet to the fund. Try and fund the wallet using the web instead of the app. Go to fund wallet and pay by transfer. If you are unable to do it, send them an email or send me a DM so I can share their account number.


A folk here in Nairaland deposited 10M; let me ask him how he did it. They do have a bank account as well; try the web and let me know. Yes, you have to sell high to get all your interest. The best months to sell are July and January 5th or 6th, when the dividend is paid out.

EquityM:
He said you should fund your wallet first and then transfer the funds from the wallet to the fund. Try and fund the wallet using the web instead of the app. Go to fund wallet and pay by transfer. If you are unable to do it, send them an email or send me a DM so I can share their account number.


A folk here in Nairaland deposited 10M; let me ask him how he did it. They do have a bank account as well; try the web and let me know. Yes, you have to sell high to get all your interest. The best months to sell are July and January 5th or 6th, when the dividend is paid out.

Okay, noted and many thanks.

EquityM:
Try this as well using the app.

So the dividend payout is separate from your earnings and in relation to units held. They need to find a way to properly reflect all these in the YTD yield headline figure. Stanbic too shows low YTD returns as well but im sure earnings would be more as well

I always wondered who would waste their time in fixed income when i look at the headline yield only

Will test that of stanbic and compare with alpha

Yes, your dividend is paid by using your current unit and not your earnings. They have a deadline for the dividend; always make sure your units are intact to get the right dividend. The CardinalStone unit in July might be 0.11 multiplied by your current unit. In January I got a dividend payout as well, but July is always more; the dividend might be 17-18% of your total capital.

Iamblessed88:
So the dividend payout is separate from your earnings and in relation to units held. They need to find a way to properly reflect all these in the YTD yield headline figure. Stanbic also shows low YTD returns as well but im sure earnings would be more as well

I always wondered who would waste their time in fixed income when i look at the headline yield only

Will test that of stanbic and compare with alpha

EquityM:
Yes, your dividend is paid by using your current unit and not your earnings. They have a deadline for the dividend; always make sure your units are intact to get the right dividend. The CardinalStone unit in July might be 0.11 multiplied by your current unit. In January I got a dividend payout as well, but July is always more; the dividend might be 17-18% of your total capital.

Not bad atall

Yes, by December we will be smiling with growth and dividend by God's grace.

Iamblessed88:
Not bad atall

@EquityM and other's,

I believe the screenshoot from you is from cardinalstone fixed income,
I sent them an email this morning and below is what they replied by saying their minimum investment is five million naira,


We acknowledge receipt of your mail.
Please be informed that the minimum amount required to invest in our Fixed Income product is ₦5,000,000.

Best regards,

Bro, there is another different fixed income product, which is 5M; tell them it's the Alpha fixed income fund.

ezegold4we:
@EquityM and other's,

I believe the screenshoot from you is from cardinalstone fixed income,
I sent them an email this morning and below is what they replied by saying their minimum investment is five million naira,


We acknowledge receipt of your mail.
Please be informed that the minimum amount required to invest in our Fixed Income product is ₦5,000,000.

Best regards,

I invested 100K on Monday

I don't understand this o o

Or do they operate two different fixed income

ezegold4we:
@EquityM and other's,

I believe the screenshoot from you is from cardinalstone fixed income,
I sent them an email this morning and below is what they replied by saying their minimum investment is five million naira,


We acknowledge receipt of your mail.
Please be informed that the minimum amount required to invest in our Fixed Income product is ₦5,000,000.

Best regards,