Equity Investment. - Investment (46)

Equity Investment. - Investment (46) - Nairaland

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Poll: If you had 100 million naira, which one would you invest it in??

Equity/Stock. 22% (2 votes)

MMF. 55% (5 votes)

Fixed Income Fund. 11% (1 vote)

Treasury Bill/ Commercial papers. 11% (1 vote)

This poll has ended

1 2 3 ... 43 44 45 46 47 48 49 ... 198 Reply (Go Down)

Re: Equity Investment. by Nobody: 11:24am On Feb 16

"Filled" means it has been initiated already; it can't be cancelled anymore. He or she should check the current status of the bid.

welzyj2:
@Beeron

Pls I need a clarification.
I placed a bid over the weekend for some shares. The bid has gone through.

However, I selected Good till canceled with respect to time in force.

The status of my bid is now filled but I noticed I have still received multiple alerts from X-Alert regarding my trade.

Is it a system malfunction from NGX or do I need to still cancel the order. If I need to cancel I would appreciate advise on how to go about it. I have tried looking for it on the system but no luck.

Stockbroker is CardinalStone

Re: Equity Investment. by Nobody: 11:26am On Feb 16

Make sure you buy the right stocks.

welzyj2:
💯

I have started trading stocks also.

Been following the stock platform closely for a while now

2 Likes

Re: Equity Investment. by Nobody: 11:27am On Feb 16

EquityM:
"Filled" means it has been initiated already; it can't be cancelled anymore. He or she should check the current status of the bid.

It has reflected on my account.

Just wondering about the several messages I keep getting about the particular trade from X-Alert

I don't want to load another cash and it gets used for the previous one that has gone through

Re: Equity Investment. by Nobody: 11:31am On Feb 16

EquityM:
Make sure you buy the right stocks.

Will try to and do my analysis very well.

1 Like

Re: Equity Investment. by Nobody: 11:31am On Feb 16

The alert means the trade has been filled. Just ignore the alert.

welzyj2:
It has reflected on my account.

Just wondering about the several messages I keep getting about the particular trade from X-Alert

I don't want to load another cash and it gets used for the previous one that has gone through

Re: Equity Investment. by Nobody: 11:33am On Feb 16

EquityM:
The alert means the trade has been filled. Just ignore the alert.

Thank you so much

1 Like

Re: Equity Investment. by Beeron: 12:25pm On Feb 16

welzyj2:
@Beeron

Pls I need a clarification.
I placed a bid over the weekend for some shares. The bid has gone through.

However, I selected Good till canceled with respect to time in force.

The status of my bid is now filled but I noticed I have still received multiple alerts from X-Alert regarding my trade.

Is it a system malfunction from NGX or do I need to still cancel the order. If I need to cancel I would appreciate advise on how to go about it. I have tried looking for it on the system but no luck.

Stockbroker is CardinalStone

When your order status says FILLED, it means: All the shares you wanted have been bought, The order is completed
It is no longer active in the market, There is nothing left to cancel.

Even if you selected Good-Till-Cancelled (GTC), once the order is fully filled, the GTC instruction becomes irrelevant. It only matters if the order is still pending.

3 Likes

Re: Equity Investment. by Salarys: 12:28pm On Feb 16

As crazy as this bull is..... The bear hmmmm grin

Re: Equity Investment. by Nobody: 12:30pm On Feb 16

Yes, ooo, those greens have commas.

Salarys:
As crazy as this bull is... The bear hmmmm

Re: Equity Investment. by Nobody: 1:00pm On Feb 16

Beeron:
When your order status says FILLED, it means: All the shares you wanted have been bought, The order is completed
It is no longer active in the market, There is nothing left to cancel.

Even if you selected Good-Till-Cancelled (GTC), once the order is fully filled, the GTC instruction becomes irrelevant. It only matters if the order is still pending.

Thank you for the clarity

1 Like

Re: Equity Investment. by Allboiz: 1:05pm On Feb 16

EquityM:
Yes, ooo, those greens have commas.

I guess more money is going into those investments, thus the bull

1 Like

Re: Equity Investment. by Nobody: 1:13pm On Feb 16

The dollar is really affecting my top-up; however, I go hammer more money. Chicken and garri all the way.

Allboiz:
I guess more money is going into those investments; thus, the bull

Re: Equity Investment. by Salarys: 1:52pm On Feb 16

Afrinvest came up 2.4% today.

1 Like

Re: Equity Investment. by Allboiz: 1:57pm On Feb 16

EquityM:
The dollar is really affecting my top-up; however, I go hammer more money. Chicken and garri all the way.

you mean the conversion rate, right?

Re: Equity Investment. by Nobody: 2:02pm On Feb 16

Yes, bro. It's really low.

Allboiz:
you mean the conversion rate, right?

1 Like

Re: Equity Investment. by Nobody: 2:29pm On Feb 16

If you have any huge fund in MMF, kindly port your money to equity or stock. You can cash out after making a huge gain and port back to MMF or whatever.

2 Likes

Re: Equity Investment. by Niiade(m): 2:39pm On Feb 16

EquityM:
If you have any huge fund in MMF, kindly port your money to equity or stock. You can cash out after making a huge gain and port back to MMF or whatever.

Seems a lot of money is getting into stocks and equity currently and there doesn’t seem to be a ceiling.

Re: Equity Investment. by Salarys: 2:39pm On Feb 16

EquityM:
If you have any huge fund in MMF, kindly port your money to equity or stock. You can cash out after making a huge gain and port back to MMF or whatever.

I don't think this is feasible. Minimum holding period for equity is usually 90 days for most fund managers, others 180days.

Or are they not followed strictly?

Re: Equity Investment. by Niiade(m): 2:40pm On Feb 16

Salarys:
I don't think this is feasible. Minimum holding period for equity is usually 90 days for must fund managers, others 180days.

Or are they not followed strictly?

There is a breaking fee which should be around 10-20 percent on the interest made only. I guess that’s the logic

Re: Equity Investment. by Nobody: 2:53pm On Feb 16

You can withdraw your money at anytime, only your interest will be charged. I've withdrawn from Cardinal and Afrinvest, and I had no problems.

Salarys:
I don't think this is feasible. Minimum holding period for equity is usually 90 days for most fund managers, others 180days.

Or are they not followed strictly?

2 Likes

Re: Equity Investment. by Nobody: 2:54pm On Feb 16

It's huge.

Niiade:
Seems a lot of money is getting into stocks and equity currently and there doesn’t seem to be a ceiling.

Re: Equity Investment. by Nobody: 2:56pm On Feb 16

10%, I guess. However, if you have an equity account that has been currently active for a long time, you won't be charged.

Niiade:
There is a breaking fee, which should be around 10-20 percent on the interest made only. I guess that’s the logic

Re: Equity Investment. by Niiade(m): 2:58pm On Feb 16

EquityM:
It's huge.

1 Like

Re: Equity Investment. by Nobody: 2:58pm On Feb 16

Massive.

[quote author=Niiade post=138486251][/quote]

Re: Equity Investment. by Nobody: 3:00pm On Feb 16

Baba God started this week on a positive note.

3 Likes

Re: Equity Investment. by Smattrader: 3:03pm On Feb 16

EquityM:
Baba God started this week on a positive note.

This is huge. cool

1 Like

Re: Equity Investment. by Smattrader: 3:49pm On Feb 16

It's about time to move some fund into equity via Cardinal stone, what is the right time of the day to initiate withdrawal and the right time to move in more fund into equity fund? @EquityM?

Re: Equity Investment. by Nobody: 4:02pm On Feb 16

For equity, you can fund it at anytime and withdraw at anytime.

Smattrader:
It's about time to move some funds into equity via Cardinal stone, what is the right time of the day to initiate withdrawal and the right time to move in more fund into equity fund? @EquityM?

Re: Equity Investment. by Smattrader: 4:07pm On Feb 16

EquityM:
For equity, you can fund it at anytime and withdraw at anytime.

Also, I have not utilised the wallet thing on Cardinal stone , how does it work? If I transfer some amount from any of my equity or fixed income into wallet do I get be taxed or see any reduction for transfer? And does one move to wallet to them do self transfer into your bank and or to move fund from one investment into another via the same platform - Cardinal stone in the case, from Fixed income to Equity?

Thanks.

Re: Equity Investment. by Nobody: 4:09pm On Feb 16

Bro, just fund through bank transfer.

Smattrader:
Also, I have not utilised the wallet thing on Cardinal stone , how does it work? If I transfer some amount from any of my equity or fixed income into wallet do I get be taxed or see any reduction for transfer? And does one move to wallet to them do self transfer into your bank and or to move fund from one investment into another via the same platform - Cardinal stone in the case, from Fixed income to Equity?

Thanks.

Re: Equity Investment. by Nobody: 4:35pm On Feb 16

EquityM:
If you have any huge fund in MMF, kindly port your money to equity or stock. You can cash out after making a huge gain and port back to MMF or whatever.

Yes oo. Make we enjoy bull fast fast

1 Like

Re: Equity Investment. by Nobody: 4:37pm On Feb 16

EquityM:
Baba God started this week on a positive note.

Won't be surprised ASI hits 250 this year easily

3 Likes

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