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Mutual Funds - Investment (474) - Nairaland

Nairaland ForumNairaland GeneralInvestmentMutual Funds (1538379 Views)

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Re: Mutual Funds by alterego17: 1:46pm On Feb 12
Beeron:
I trade foreign stocks using Bamboo app but mutual funds (foreign or local) can't be bought on Bamboo.
Re: Mutual Funds by alterego17: 1:47pm On Feb 12
Beeron:
I trade foreign stocks using Bamboo app but mutual funds (foreign or local) can't be bought on Bamboo.
Please if u have a way I can contact u privately off nairaland or a whatsapp channel so i can inquire from u on some mutual funds I intend investing on this month
Re: Mutual Funds by Beeron: 2:23pm On Feb 12
alterego17:
Please if u have a way I can contact u privately off nairaland or a whatsapp channel so i can inquire from u on some mutual funds I intend investing on this month
Good afternoon Chief,

I actually have this type of content on my YouTube where i list out different MMFs that performed better every month.

https:///www.youtube.com/playlist?list=PLelyzjGuxrbj-ORzfwOEveV2vK0j1e3fw


That should guide you to make informed decision and stay subscribed because I post that information every month end.

Or

if you don't have the time to watch my video, you can check fman.com.ng to see MMF that better suit you.
Re: Mutual Funds by alterego17: 2:44pm On Feb 12
Beeron:
Good afternoon Chief,

I actually have this type of content on my YouTube where i list out different MMFs that performed better every month.

https:///www.youtube.com/playlist?list=PLelyzjGuxrbj-ORzfwOEveV2vK0j1e3fw


That should guide you to make informed decision and stay subscribed because I post that information every month end.

Or

if you don't have the time to watch my video, you can check fman.com.ng to see MMF that better suit you.
Bro I'm.newbie on this so I need ur direct contact if possible for guidance on my small investment abeg

I have watched some few of ur videos already n subscribed too but I need personal n direct guidance so I can be able to test d waters without burning my fingers
Re: Mutual Funds by Preator: 2:46pm On Feb 12
Creditalerts:
TODAY'S RATE


STANBIC 15.43%🙂🤑

FAAM (FirstAlly) 17.35%😁🤑


TRUSTBANC 19.18%🤑🤑
Make e no be like say i dey hoard update.

Na here i don dey price now since Cowrywise don get update too.

Note: not moving my trustbanc funds. Only investing new funds here until their rates changes.

Re: Mutual Funds by Princewalexy99: 3:07pm On Feb 12
LoriHamo:
Exactly....and the Saturday and Sunday earnings for MMF is updated together with the Monday earning around same time on Monday...

My observation..
That is a perfect and accurate observation... That is how they do it and has been so consistent!
Re: Mutual Funds by Nobody: 3:18pm On Feb 12
Just go for conservative investment. The return might be lower but the risk of losing your money is low also.
Sirchiboy:
How much can I put to be getting 15 to 20k daily
Re: Mutual Funds by Nobody: 3:29pm On Feb 12
So once we leave our investments like that of aggressive portfolio in Cowrywise for longer time, it's going to worthwhile right?

I am here for long term and I am not in hurry to cash out. The return I am seeing on my Trustbanc in Cowrywise is far below what I am seeing in the aggressive portfolio.
bassdow:
Actually, with Stanbic IBTC Guaranteed Investment Fund, your funds are guaranteed so long you don't make withdrawal before 90-days.

With Stanbic IBTC Enhanced Fixed Income Fund , you could loose your capital but just a little, can never loose up to 60%; maybe like 20% or 25%

For any investment with equity as underlying vehicle, would suggest you leave for at least 1-year ELSE go with MMF
Re: Mutual Funds by Creditalerts: 3:40pm On Feb 12
Preator:
Make e no be like say i dey hoard update.

Na here i don dey price now since Cowrywise don get update too.

Note: not moving my trustbanc funds. Only investing new funds here until their rates changes.
Na yesterday I discover three MMF STL inclusive i still dey observe their stability, some MMF too dey fluctuate badly while some firm small.i still dey observe them before I sing am like chorus. 😁🤑




Money must be made poverty must go grin
Re: Mutual Funds by Preator: 3:47pm On Feb 12
Creditalerts:
Na yesterday I discover three MMF STL inclusive i still dey observe their stability, some MMF too dey fluctuate badly while some firm small.i still dey observe them before I sing am like chorus. 😁🤑




Money must be made poverty must go grin
Been running them too to see trend. Abeg share your data after make we see how e dey go. Drop the name of the other 2 also make i follow gather shadow
Re: Mutual Funds by Preator: 3:51pm On Feb 12
Gokoyer0:
So once we leave our investments like that of aggressive portfolio in Cowrywise for longer time, it's going to worthwhile right?

I am here for long term and I am not in hurry to cash out. The return I am seeing on my Trustbanc in Cowrywise is far below what I am seeing in the aggressive portfolio.
If you are in for the long time, equity is ur best bet. Far better than MMF.

My cowrywise equity has yielded almost x3 of my money market in rates this year alone.

Note: this is unrealized gain. I could log on tommorow and notice it has now become negative or yielded far lower than MMF. Not for the faint-hearted.

Fidelity shares wey i buy since last year still red till now 😢
Re: Mutual Funds by Beeron: 4:01pm On Feb 12
alterego17:
Bro I'm.newbie on this so I need ur direct contact if possible for guidance on my small investment abeg

I have watched some few of ur videos already n subscribed too but I need personal n direct guidance so I can be able to test d waters without burning my fingers
This is normal as a beginner. Every investor (including beginners) wants to be careful so as not to make fatal mistake.

I can assure you that as long as you keep asking questions here, you won't make mistakes as there are several experts here and including myself will ensure your questions is answered satisfactorily.

For privacy purposes, you could choose not to mention amount intended to be invested but just the investment.

*MMF is for preserving and compounding wealth.

*Equity mutual fund is for long term growth

*Fixed income is for taking whatever you can get daily from bond and money market instruments.

*Fixed deposits with banks is for the uninformed urbanites.

*Balanced Fund mirrors Equity mutual funds

*Picking individual stocks is not different from trading crypto (high risk, high reward) only if you know what you doing.


Those investments aforementioned are what most Nigerians engage in.

Anyone you don't understand we can discuss further here so everyone can learn and anyone can contribute their own knowledge.
Re: Mutual Funds by Beeron: 4:06pm On Feb 12
Creditalerts:
Na yesterday I discover three MMF STL inclusive i still dey observe their stability, some MMF too dey fluctuate badly while some firm small.i still dey observe them before I sing am like chorus. 😁🤑




Money must be made poverty must go grin
HUNTER


The greatest MMF hunter of our land.

Weldone sir.
Re: Mutual Funds by Creditalerts: 4:31pm On Feb 12
Preator:
Been running them too to see trend. Abeg share your data after make we see how e dey go. Drop the name of the other 2 also make i follow gather shadow
I will definitely share
Re: Mutual Funds by Creditalerts: 4:32pm On Feb 12
Beeron:
HUNTER


The greatest MMF hunter of our land.

Weldone sir.
🤑🤣😂
Re: Mutual Funds by Nobody: 5:33pm On Feb 12
For long term investment that does not mind seeing losses sometime, I think equity investment is the best.

My fund in MMF is 3x that of my equity in Cowrywise, however, I have made 3x of the profit in the latter.
If all my capital in equity will not disappear one day and overall return is significantly higher than MMF like what I am experiencing, I think I will invest more in equity then.

Everyone has their targets.

Preator:
If you are in for the long time, equity is ur best bet. Far better than MMF.

My cowrywise equity has yielded almost x3 of my money market in rates this year alone.

Note: this is unrealized gain. I could log on tommorow and notice it has now become negative or yielded far lower than MMF. Not for the faint-hearted.

Fidelity shares wey i buy since last year still red till now 😢
Re: Mutual Funds by Nobody: 5:35pm On Feb 12
I am buying shares here and there in cowrywise. Diversification in equity is crucial though so that gains in some will cover for losses in the other.

Preator:
If you are in for the long time, equity is ur best bet. Far better than MMF.

My cowrywise equity has yielded almost x3 of my money market in rates this year alone.

Note: this is unrealized gain. I could log on tommorow and notice it has now become negative or yielded far lower than MMF. Not for the faint-hearted.

Fidelity shares wey i buy since last year still red till now 😢
Re: Mutual Funds by bassdow: 6:05pm On Feb 12
Gokoyer0:
So once we leave our investments like that of aggressive portfolio in Cowrywise for longer time, it's going to worthwhile right?

I am here for long term and I am not in hurry to cash out. The return I am seeing on my Trustbanc in Cowrywise is far below what I am seeing in the aggressive portfolio.
yes. from 1-year and above BUT if you're after sharp sharp results, just remain with MMF
Re: Mutual Funds by bassdow: 6:11pm On Feb 12
Preator:
If you are in for the long time, equity is ur best bet. Far better than MMF.

My cowrywise equity has yielded almost x3 of my money market in rates this year alone.

Note: this is unrealized gain. I could log on tommorow and notice it has now become negative or yielded far lower than MMF. Not for the faint-hearted.

Fidelity shares wey i buy since last year still red till now 😢
One of the reasons I suggested they focus on the likes of

Stanbic IBTC Enhanced Fixed Income Fund (could loose a little bit of your capital like 25% or less)
Stanbic IBTC Guaranteed Investment Fund (You never loose your capital)

then always choose for them to pay your earned interest into your bank account so you could either SPEND or reInvest BECAUSE if you allow it automatically compound, it doesn't get the safety assurance your capital enjoys.

https://www.stanbicibtcfundsmanagement.com/invest-now-l8yyj3l8
Re: Mutual Funds by Nobody: 6:36pm On Feb 12
Beeron:
HUNTER


The greatest MMF hunter of our land.

Weldone sir.
Asin ehn...the guy dey try grin grin
Re: Mutual Funds by Preator: 6:56pm On Feb 12
Gokoyer0:
For long term investment that does not mind seeing losses sometime, I think equity investment is the best.

My fund in MMF is 3x that of my equity in Cowrywise, however, I have made 3x of the profit in the latter.
If all my capital in equity will not disappear one day and overall return is significantly higher than MMF like what I am experiencing, I think I will invest more in equity then.

Everyone has their targets.
Definitely. I have a diversified holdings of stocks. But i generally dont like discussing equities here because newbies can get burnt easily thinking its always sweet. Better they focus on MMF until they get bolder.

e.g. if you bought ncr last year, you will be laughing hysterically now. The gains was mad.
Re: Mutual Funds by Batman2412(m): 7:52pm On Feb 12
You sure say i no go follow you again so?
Preator:
Make e no be like say i dey hoard update.

Na here i don dey price now since Cowrywise don get update too.

Note: not moving my trustbanc funds. Only investing new funds here until their rates changes.
Re: Mutual Funds by Hemarnuael1: 9:01pm On Feb 12
Jayce242:
No fund manager beat First ally when it comes to ease of operation & payments. For me they are the best. Everything about the app is fast.
How do I start this first ally and are they related to first bank
Re: Mutual Funds by Jayce242: 9:04pm On Feb 12
Hemarnuael1:
How do I start this first ally and are they related to first bank
No they are completely different from first bank. The name of their app is myinvestar
Re: Mutual Funds by Hemarnuael1: 9:18pm On Feb 12
Jayce242:
No they are completely different from first bank. The name of their app is myinvestar
OK thanks
Re: Mutual Funds by emmasoft(m): 11:39pm On Feb 12
Hemarnuael1:
How do I start this first ally and are they related to first bank
Download the app called Myinvestar and register. Please use SA-Emma as my referral code. You can also be in touch to get you to meet with my go-to person there in First Ally. First Ally is not related to First bank in any way, it's just their own brand name.

If you are in Lagos and you wish to visit their physical office, it's at 287, Ajose Adeogun VI, very close to Zenith Bank headquarters.
Re: Mutual Funds by Creditalerts: 11:51pm On Feb 12
emmasoft:
Download the app called Myinvestar and register. Please use SA-Emma as my referral code. You can also be in touch to get you to meet with my go-to person there in First Ally. First Ally is not related to First bank in any way, it's just their own brand name.

If you are in Lagos and you wish to visit their physical office, it's at 287, Ajose Adeogun VI, very close to Zenith Bank headquarters.
@emmasoft the brain behind FirstAlly is one of the brain behind first bank ,I don't just invest I go deep to know more about the fund manager.
Investors should consider the following factors: Regulation: Ensure the Mutual Fund is registered and authorized by the SEC. Transparency: Check for publicly available information and regular updates from the Fund Manager. Fund Manager’s Pedigree: Research the Fund Manager’s experience and accessibility. Returns: Determine if the expected returns (fixed or variable) align with your investment goals. Features: Understand the specific features of the Mutual Fund, such as income distribution frequency, to ensure they meet your needs.
Re: Mutual Funds by Creditalerts: 11:54pm On Feb 12
The profile of FirstAlly brain box

Mr Ebenezer Olufowose assumed office as Chairman of the Board of Directors of First Bank of Nigeria Limited (FirstBank Nigeria) on 9th May, 2024. Prior to his appointment as Chairman of the Board, he was Chairman of the Board Credit Committee, and Board Governance & Remuneration Committee of the Bank. He was appointed to the Board of FirstBank Nigeria on 29 April 2021.

A Co-Founder and Group Managing Director/CEO of First Ally Capital Limited, an investment banking firm based in Lagos, Mr Olufowose brings strong Governance and Leadership skills garnered over four decades in the banking and financial services industry to the FirstBank Board. Before setting up First Ally Capital, he was Executive Director at Access Bank Plc, and Citibank Nigeria where he led Citigroup’s origination, structuring and execution of corporate finance and investment banking transactions in Nigeria. He started his banking career in 1985 at NAL Merchant Bank Plc (NAL) and held other strategic positions in First City Monument Bank (FCMB) and Guaranty Trust Bank Plc (GTBank).

A first-class honors degree holder in Economics from the University of Lagos, Ebenezer holds a masters degree in International Economics from the University of Sussex, Brighton England, where he studied as a Sir Adam Thomson/British Caledonian Airways Scholar. He has attended several management and leadership training programs at leading executive development institutions, including the Institute of Management Development (IMD), Lausanne Switzerland, Harvard Business School, Boston USA, INSEAD Singapore and Kellogg School of Management, Evanston, Illinois USA. He is an Alumnus of the Harvard Business School and the Lagos Business School and an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria, Fellow of the Institute of Credit Administration and Fellow of the Association of Investment Advisers & Portfolio Managers. He is happily married with children
Re: Mutual Funds by jurjes(f): 6:42am On Feb 13
Gokoyer0:
I am buying shares here and there in cowrywise. Diversification in equity is crucial though so that gains in some will cover for losses in the other.
Is equity the one that shows YTD percentage on cowrywise?
Re: Mutual Funds by jurjes(f): 6:45am On Feb 13
Preator:
Definitely. I have a diversified holdings of stocks. But i generally dont like discussing equities here because newbies can get burnt easily thinking its always sweet. Better they focus on MMF until they get bolder.

e.g. if you bought ncr last year, you will be laughing hysterically now. The gains was mad.
Pls guide me on how to invest in equities on cowrywise. Many thanks
Re: Mutual Funds by IamtheDef: 8:56am On Feb 13
jurjes:
Pls guide me on how to invest in equities on cowrywise. Many thanks
Unfortunately cowrywise isn't what it used to be in terms of being able to decide for yourself what fund manager to choose. I'm not sure there's much guiding to do with the new update, they basically just choose for you by averaging the offers on their platform.
Re: Mutual Funds by Harddiskng(m): 9:15am On Feb 13
It is like Stanbic and gross underperformance are 5 & 6 now.

Why on earth is their Equity fund doing 10% YTD undecided

People keeping money with Stanbic obviously have nothing better to do with it

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