₦airaland Forum

CSblackpink:
Chief, you should be working for the top equity fund managers. Zedcrest or CS should hire you.

Honestly the guy understands ngx like the back of his hand.

CSblackpink:
Chief, you should be working for the top equity fund managers. Zedcrest or CS should hire you.

lol I use to write/publish financial articles and market reports for some online outlets but I have stopped doing that for some time now.

Abeg make him dey independent they won't know his worth

CSblackpink:
Chief, you should be working for the top equity fund managers. Zedcrest or CS should hire you.

CS might pay him well.

Ogborokiri:
Abeg make him dey independent they won't know his worth

Beeron:
No Zenith is currently not a good buy. Understand that Zenith and GTCO are part of the two giant moving ASI.

Decline of ASI for the past few days should let you know that movement in large cap Banking stocks are slow and currently Zenith bank will experience some profit taking before a new rally begins, so if you have bought already, be willing to wait for some time or try average down.

Bought at 122...goal is buy more if it dips, top up if I see positive signals at current price

Zenith is a long term keep for me

Paramount has served final yakubu for the week👏👏

No update yet; it's still the same as yesterday.

welzyj2:
Paramount has served final yakubu for the week👏👏

welzyj2:
Paramount has served final yakubu for the week👏👏

Lol

CSblackpink:
No update yet; it's still the same as yesterday.

Oh, except I didn't monitor the percentage gain as at yesterday properly

ASI is very positive today still expecting greens today

CS will definitely see green tonight.

welzyj2:
Oh, except I didn't monitor the percentage gain as of yesterday properly

ASI is very positive today still expecting greens today

CSblackpink:
CS will definitely see green tonight.

Expecting tiny green though 0.something

It might not be tiny; they weigh heavily on Dangcem, Zenith, GTCO, and BUACEMENT despite the Yakubu from MTN.

welzyj2:
Expecting tiny green though 0.something

CSblackpink:
It might not be tiny; they weigh heavily on Dangcem, Zenith, GTCO, and BUACEMENT despite the Yakubu from MTN.

Great!!!

Beeron:
Good morning everyone.

Here is an update regarding your investment in Equity mutual funds.

Some of you might have been experiencing red days lately — the reason is simple, people are now taking profit en mass, So ASI has reached it's peak for now.


Two things might likely happen starting next week:

1 — Green arrow, means a long consolidation starting next week, basically, it means some days your will see profit and some days loss but not huge profit and the loss days will always cancel profits until ASI finds new support and begin a new rally.


2 — Red arrow, means ASI will just suddenly dip, meaning more red days due to institutional money leaving the market. When that happens, other retail investors will also be trimming their profit making ASI go further down until it finds a new support and begins a new rally.


So now what do you do and why am I writing this?

CSblackpink usually talk about top up during red days, Wise idea— but you have to be strategic about doing it, I see people doing it before now, I knew it was too early to do it, but It's not a bad thing, this is why I didn't say anything about it. Sometimes when you top up too early, that money too will also dip, so you will have to continue to buy the dip as it further dips. Not every one can always afford that.


Now what I recommend is simple — Now that it's profit taking season, Also take your profit and move it to mutual fund investment. After ASI has found support to begin a new rally, then you can withdraw your money from mutual fund and buy the new dip. I will also let you all know then when it's safe to buy but it's usually difficult to know when there is long consolidation going on.

But then again, for investors that can afford to keep buying the dip, please continue, because that's another smart strategy because eventually you will regain your losses when ASI begins a new rally.

In summary, this is time for profit taking, take profit, hold It and buy more units after profit taking season is over.

I am in a rush typing this because I need to go for my early morning jug now, when I come back I will answer any question if you have any.

My plan is to invest long term, do I still need to take out the profits and invest in mutual funds as you advised while waiting for. ASI to find it's balance or I should just leave it. As it is and top up strategically?

Thanks Guy
Great job!!!

jurjes:
My plan is to invest long term, do I still need to take out the profits and invest in mutual funds as you advised while waiting for. ASI to find it's balance or I should just leave it. As it is and top up strategically?

Thanks Guy
Great job!!!

As a long term investor, just keep topping up whether the market is up or down because your goal is compounding over the years not capital appreciation.

welzyj2:
Bought at 122...goal is buy more if it dips, top up if I see positive signals at current price

Zenith is a long term keep for me

Good job bro. Dividend will reward you real good.

It's very important for every investment we are clear on our position (i.e- trader or investor). E.g I got Transcorp recently, but my plan is to hold till small capital appreciation and run to the next with the gain

I have NGXGROUP, but won't sell even if it gets to 1,000n or 50kobo this year

My equity investment are also for long term 😃

This clarity will help in how you top up, hold or sell

Paramount +0.49%. Could be more depending on when you topped up

We shall see all green today among parsmount, CS and Zed

Those in the house that has benefitted ...you may want to show the brother some love

CS= +0.48

Iamblessed8888:
Paramount +0.49%. Could be more depending on when you topped up

We shall see all green today among parsmount, CS and Zed

If you live abroad, please look up KORU or its cousins; additionally, these are the best-performing ETFs and stocks right now.

Anyone logged into Cardinal Stone? My total portfolio shows 0naira instead of the 8figures that is supposed to be in there.

Use the web portal. Just checked my returns now.

Zooposki:
Anyone logged into Cardinal Stone? My total portfolio shows 0naira instead of the 8figures that is supposed to be in there.

CSblackpink:
Use the web portal. Just checked my returns now.

Ok, I will try to do. I always go through the app

Can we topup today or wait till Monday
CS, zed, Paramount

Already heavily invested in SMH. Started KORU, AMD, MU and DRAM this week. No direct exposure to NVDA. Happy with what I have seen so far.

CSblackpink:
If you live abroad, please look up KORU or its cousins; additionally, these are the best-performing ETFs and stocks right now.

Made $612.80 from Koru's cousin this week.

auschris:
Already heavily invested in SMH. Started KORU, AMD, MU and DRAM this week. No direct exposure to NVDA. Happy with what I have seen so far.

A sharp 2.07% from Zed

Zooposki:
Anyone logged into Cardinal Stone? My total portfolio shows 0naira instead of the 8figures that is supposed to be in there.

You checked the app while daily update was ongoing. Expect such scenario everyday but seems web is usually updated faster

This is impressive. You will soon retire from 9-5.

CSblackpink:
Made $612.80 from Koru's cousin this week.

I don't how they do it but they are showing they know how to play the market.

Iamblessed8888:
A sharp 2.07% from Zed

I just took out the money I invested in Zrosk last week to concentrate on this FLXK. My broker allows a single ETF per portfolio, as it is deemed dangerous to have multiple volatile ETFs in a single portfolio. My SMH is also second in the rank, followed by URA and BATT. I hope God will give me the strength to work hard for another 10-15 years and retire.

auschris:
This is impressive. You will soon retire from 9-5.