₦airaland Forum

InvestNaija.

mhoreh:
Already on Zedcrest, please what’s the app for paramount ?

Spartacus has entered the market; time to buy more and double down. (Bear has arrived.)

EquityM:
They don't have a holding period; try Zedcrest or Paramount.

Please I’d like to ask your opinion, which would you go for

1 Spread 5m across 4 different fund managers now and subscribe to Zrosk in May

Or

2 Subscribe to Zrosk for 5m now and subscribe to the other 4 in May

My other 4 options (Zedcrest, Zenith ESG, Zenith Balanced fund, Paramount)

lovewins:
Been using Risevest Naira Vault for at least 2 years now without issues. It's why I was initially surprised when I first joined the MMF thread and realised there's was little to no mention of it.

I think skepticism about SEC licencing is what led people to be skeptical which quite frankly makes sense. Still using them till today and in my opinion worth considering. This obviously isn't an endorsement as I expect that you do your due diligence, I'm just sharing my experience.

But the interest & capital for risevest is locked till maturity date right?

Option 1 is better to minimize risk. Keep 1M in MMF for quick cash.

mhoreh:
Please I’d like to ask your opinion, which would you go for

1 Spread 5m across 4 different fund managers now and subscribe to Zrosk in May

Or

2 Subscribe to Zrosk for 5m now and subscribe to the other 4 in May

My other 4 options (Zedcrest, Zenith ESG, Zenith Balanced fund, Paramount)

EquityM:
Option 1 is better to minimize risk. Keep 1M in MMF for quick cash.

Ok thank you, which MMF do you suggest ?

I used Risevest in 2025 and enjoyed the 25% flat rate returns for 8 months with interest paid monthly. But now, 25% p/a interest applies only if you lock for 1 year. And with tax deducted, your 25% returns is really around 22% or 23%. Much lower if you lock for less than 1 year. But they're legit. You get returns monthly, tax deducted monthly, and withdrawal of unlocked funds is done within 1-3 days.

Bluearrow:
But the interest & capital for risevest is locked till maturity date right?

Yes. But I typically lock just for 30 days then reinvest with profit every 30 days. At the time I think the rate for a 30 day lock and a 1 year lock was the same. This allows me the flexibility to withdraw my funds should I need it at any time. The rates however differs now. Still stick to the 30 day lock as disparity in rates between locking for 1 month and 1 year in my opinion isn't too significant for me to choose the later. (With a 5M capital 1 month is 22.5% while 1 year is 25%)

Niiade:
Tried signing up for Paramount they are asking for location access to my house, I don’t understand why because I am currently out of town for burial and it might take a few weeks before I go back. I wan rest for village

Hahaha we in the same boat. I just sent them a message to ask if I can start investing and verify address later.

I just checked...the REDs dey blurr my eyes

Wahala....

EquityM:
Spartacus has entered the market; time to buy more and double down. (Bear has arrived.)

FirstAlly or TrustBanc.

mhoreh:
Ok thank you, which MMF do you suggest ?

EquityM:
The CSCS and CHN are for trading stuff; you don't need that for the equity fund. The address stuff is archaic; you can ignore it, and you will be on level 2. Furthermore, LV3, you can only withdraw 1m maximum. I don't have any intention to invest aggressively in it, I'll just play around.

I didn't know it wasn't necessary cos how was I supposed to know when they pegged my account tier 1? You know I wouldn't want to have an issue withdrawing my money only to be informed that I can cos my registration wasn't completed. Maybe you need to watch out for that cos they may come for you for incomplete registration when you want to liquidate although time shall tell sha.


Anyways, I have successfully done everything they asked for including the map addressing confirmation.

They approved my address after sending an email; I'm in tier 3 now. I had the same experience with SkyeBank.

Smattrader:
I didn't know it wasn't necessary cos how was I supposed to know when they pegged my account tier 1? You know I wouldn't want to have an issue withdrawing my money only to be informed that I can cos my registration wasn't completed. Maybe you need to watch out for that cos they may come for you for incomplete registration when you want to liquidate although time shall tell sha.


Anyways, I have successfully done everything they asked for including the map addressing confirmation.

EquityM:
The CSCS and CHN are for trading stuff; you don't need that for the equity fund. The address stuff is archaic; you can ignore it, and you will be in level 2. [b]Furthermore, LV3, you can only withdraw 1m maximum. [/b]I don't have any intention to invest aggressively in it, I'll just play around.

Is level 3 after all kyc has been approved? 1m/day? That's small fa

Yeah, after KYC has been approved.

Gratefulme:
Is level 3 after all KYC has been approved? 1m/day? That's small fa

LoriHamo:
I just checked...the REDs dey blurr my eyes

Wahala....

Strangely, still got a green with Afrinvest.

Current YTD 26.66%

Very tiny GREEN.... but nevertheless it's a green...

GTB gave red
I know Cardinal stone go give RED for sure..

Afrinvest dey surprise me walahi

Thank God I got in before cowry wise madness...

I downloaded Afrinvestor 2.0 and kept having problem with my BVN verification....

Any help?

Salarys:
Strangely, still got a green with Afrinvest.

Current YTD 26.66%

LoriHamo:
Very tiny GREEN.... but nevertheless it's a green...

GTB gave red
I know Cardinal stone go give RED for sure..

Afrinvest dey surprise me walahi

Thank God I got in before cowry wise madness...

I downloaded Afrinvestor 2.0 and kept having problem with my BVN verification....

Any help?

Cardinal stone equity red is becoming consistent for days now. Even when others record considerable green, they will record very little green. I don't understand what's happening with them. I'm considering moving some funds from Cardinal to zedcrest.

EquityM:
Spartacus has entered the market; time to buy more and double down. (Bear has arrived.)

Pls make me understand, I don't get!

LoriHamo:
Very tiny GREEN.... but nevertheless it's a green...

GTB gave red
I know Cardinal stone go give RED for sure..

Afrinvest dey surprise me walahi

Thank God I got in before cowry wise madness...

I downloaded Afrinvestor 2.0 and kept having problem with my BVN verification....

Any help?

I had no issues when I registered on the app. You could reach out to them via mail.

Although the afrinvestor 2.0 app is for trading on the NGX and other kinds of investment (CPs, TBills etc).

If you're looking for fund management (mmf, equity and the likes), they use another app called PlutusNeo for that.

It means we might see some red. (losses)

jurjes:
Pls make me understand, I don't get!

Spread your funds across the top equity fund managers.

Bluearrow:
Cardinal Stone Equity Red has been consistent for days now. Even when others record considerable green, they will record very little green. I don't understand what's happening with them. I'm considering moving some funds from Cardinal to zedcrest.

Salarys:
I had no issues when I registered on the app. You could reach out to them via mail.

Although the afrinvestor 2.0 app is for trading on the NGX and other kinds of investment (CPs, TBills etc).

If you're looking for fund management (mmf, equity and the likes), they use another app called PlutusNeo for that.

I was surprised because the mutual fund is not in the afrinvestor app. Is this PlutusNeo for afrinvestor too?

Bluearrow:
I was surprised because the mutual fund is not in the afrinvestor app. Is this PlutusNeo for afrinvestor too?

Yea....it's theirs.

lovewins:
Yes. But I typically lock just for 30 days then reinvest with profit every 30 days. At the time I think the rate for a 30 day lock and a 1 year lock was the same. This allows me the flexibility to withdraw my funds should I need it at any time. The rates however differs now. Still stick to the 30 day lock as disparity in rates between locking for 1 month and 1 year in my opinion isn't too significant for me to choose the later. (With a 5M capital 1 month is 22.5% while 1 year is 25%)

How large a fund have you invested with them?

If where u are going to starts recording Red nko. Remember that it was Cardinal stone marketing that opened this thread.

People have said here taht just share your funds among 3 different fund managers.

Bluearrow:
Cardinal stone equity red is becoming consistent for days now. Even when others record considerable green, they will record very little green. I don't understand what's happening with them. I'm considering moving some funds from Cardinal to zedcrest.

playces:
If where u are going to starts recording Red nko. Remember that it was Cardinal stone marketing that opened this thread.

People have said here taht just share your funds among 3 different fund managers.

This is a very wrong statement, please.

playces:
If where u are going to starts recording Red nko. Remember that it was Cardinal stone marketing that opened this thread.
People have said here taht just share your funds among 3 different fund managers.

Yes that is what I want to do
I want to make the fund managers 3, I was only using 2. I'm just moving part of the funds, a larger part still remains in Cardinal stone.

Bluearrow:
I was surprised because the mutual fund is not in the afrinvestor app. Is this PlutusNeo for afrinvestor too?

Can somebody please provide us with their app for equity, please! ?

Smattrader:
Can somebody please provide us with their app for equity, please! ?

PlutusNeo by afrinvest
That is the app

Bluearrow:
PlutusNeo by Afrinvest
That is the app

I just downloaded it. I wanted to be sure it's the right one.

Thanks.

Due to the unpredictable nature of equity investing, I kindly recommend sticking with at least two or three fund managers who are at the top of their game. Shifting money around could impede progress. Right now, I'm using Zrosk, which has my largest capital, with Zenith and Paramount serving as stabilizers. But the most important thing is the annual returns. God bless us as we invest diligently.