₦airaland Forum

NGX tonight: pump and pump. Foreign market tonight: pump and pump the 🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑.

whats DCA?

CSblackpink:
Keep doing DCA if you can once or twice a week, and you will thank me later. Wealth is usually accumulated during the bear season if you have a strategy.

We are Porting back o.

no time to check time lol

Rico1278:
So those that port to mmf,what’s your next step? Port back to equities😹🤩

can u share?

princezzz:
Whom ever prepared the Zrosk Equity fund report market commentary for this month, seemed to have written it with so much consideration.
They took time to explain what happened this june, how the method they chose for their basket compilation impacted the funds in terms of risks, steps they took and have taken with lessons learnt from this correction.
It was almost seeming like this june shock and shook people, market correction and all.

Guys..... should i move back my funds from MMF to Stanbic Equity and GT Equity?

investmentvirus:
Guys..... should i move back my funds from MMF to Stanbic Equity and GT Equity?

Who is this

Try to form your own investment narrative rather than relying on others who may be wrong. Why place the burden of such a huge decision on someone else so you can shift blame from your self if things go south 😂😂.

Instead of asking , should i move back to equity? A better question may be -

1. What is the market saying?
2. What is the ASI doing right now?
3. Where can i get resources to be able to understand the market mood at anytime?
4. What is the candlestick saying and how can i learn to interpret it for myself?
5. What is my conviction? (Everyone has this and excessive intellectual freeloading may dim your inner voice)

you are the real MVP. I ADMIRE you level of bravery, tolerance, patience and endurance.
you will recover massively.

I sold all mine with annoyance and ported to MMF, when my profit was going down. i was running mad.

But then again...... how did u cope watching your funds go down?
did u lose part of your Capital?

dammiecool:
I have funds with stanbicibtc,ucap,lotus,gtfund,paramount,CardinalStone & zedcrest.
I have used my tongue to count my teeth.

investmentvirus:
you are the real MVP. I ADMIRE you level of bravery, tolerance, patience and endurance.
you will recover massively.

I sold all mine with annoyance and ported to MMF, when my profit was going down. i was running mad.

But then again...... how did u cope watching your funds go down?
did u lose part of your Capital?

I started in January, so I didn't lose my capital. The only mistake I made was reducing my investment in UCAP that pays dividends and moved it to Zedcrest in May only for Yakubu to clear part of my capital with Zedcrest in June (the fall was massive). I later discover they don't pay dividends.

CSblackpink:
NGX tonight: pump and pump. Foreign market tonight: pump and pump the 🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑.

What percentage did CS do yesterday? Just noticed a very massive pump in my meristem equity this evening. Could this be the dividends payout? I got almost 9% gains 🔥🔥🔥

Jesus my head Wan blow

Iamblessed8888:
Who is this

Try to form your own investment narrative rather than relying on others who may be wrong. Why place the burden of such a huge decision on someone else so you can shift blame from your self if things go south 😂😂.

Instead of asking , should i move back to equity? A better question may be -

1. What is the market saying?
2. What is the ASI doing right now?
3. Where can i get resources to be able to understand the market mood at anytime?
4. What is the candlestick saying and how can i learn to interpret it for myself?
5. What is my conviction? (Everyone has this and excessive intellectual freeloading may deem your inner voice)

Am sure it is

froshroy:
What percentage did CS do yesterday? Just noticed a very massive pump in my meristem equity this evening. Could this be the dividends payout? I got almost 9% gains 🔥🔥🔥

Is it their equity or mmf I mean ucap

dammiecool:
I started in January, so I didn't lose my capital. The only mistake I made was reducing my investment in UCAP that pays dividends and moved it to Zedcrest in May only for Yakubu to clear part of my capital with Zedcrest in June (the fall was massive). I later discover they don't pay dividends.

Do you guys recommend united capital

Rico1278:
Do you guys recommend united capital

Stay on Oando

searchng4love:
Stay on Oando

lol when oando turn equity fund ?

Ogborokiri:
Is it their equity or mmf I mean ucap

Equity and women fund

Rico1278:
Do you guys recommend united capital

Ucap doesn't have high ytd like other equity but they are steady and most importantly they pay huge dividends.

The truth is dat no one here will recommend for u, do ur research and pick ur choice.

how did we do tonight

CS on fireeeeee . This kanayo season is favouring CS more than zedcrest.

Iamblessed8888:
CS on fireeeeee . This kanayo season is favouring CS more than zedcrest.

and Zedcrest far more than paramount

I've moved my funds away from Nigerian equity; I'm not quite sure of the numbers CS did yesterday; however, it might also be dividend reinvested as well or the market returns.

froshroy:
What percentage did CS do yesterday? Just noticed a very massive pump in my meristem equity this evening. Could this be the dividend payout? I got almost 9% gains 🔥🔥🔥

Nice one, Chief. Equity is not for the faint-hearted; I always preach patience.

Iamblessed8888:
Who is this

Try to form your own investment narrative rather than relying on others who may be wrong. Why place the burden of such a huge decision on someone else so you can shift blame from your self if things go south 😂😂.

Instead of asking , should i move back to equity? A better question may be -

1. What is the market saying?
2. What is the ASI doing right now?
3. Where can i get resources to be able to understand the market mood at anytime?
4. What is the candlestick saying and how can i learn to interpret it for myself?
5. What is my conviction? (Everyone has this and excessive intellectual freeloading may dim your inner voice)

seems Zedcrest had a slight dip

ollypass:
seems Zedcrest had a slight dip

i dont think they have updated yet cos uts unchanged from my end

This dividend reinvested seems plausible, because CS seems to be recovering nicely compared to my other FMs.
So does this mean everyone in CS gets to participate in the dividend reinvestment, compared to a FM like Ucap that paid individual dividend for those who stayed till the qualification date?
I didnt pay much attention to how each house does their dividend when i started

CSblackpink:
I've moved my funds away from Nigerian equity; I'm not quite sure of the numbers CS did yesterday; however, it might also be dividend reinvested as well or the market returns.

I think they did. It looked very slight almost unnoticable. Maybe na me no dey see well.
After rereading fact sheets and everyone trying to rebalance portfolios, i think i got a little understanding of things again.
For example Zrosk said they have 60percent of their funds focused majorly on the financial sector, while Zedcrest has almost that same percent shared almost evenly between Services, Industrial goods, and Financial services.
Still,i am just speculating and guessing because tomorrow you will be expecting them to do A and they will magically do P

juddexy2:
i dont think they have updated yet cos uts unchanged from my end

CS +0.9% 🔥 🔥
Zed -0.03%

CS pays a dividend to the bank account; there is an option to reinvest the dividend or have it paid to the bank account. When a dividend is paid, the NAV usually drops on that day. Lastly, if you started your equity journey with CS from Jan to May, you automatically qualify for the dividend payout.

princezzz:
This dividend reinvestment seems plausible, because CS seems to be recovering nicely compared to my other FMs.
So does this mean everyone in CS gets to participate in the dividend reinvestment, compared an FM FM like Ucap that paid individual dividend for those who stayed till the qualification date?
I didnt pay much attention to how each house does their dividend when i started

Iamblessed8888:
CS on fireeeeee . This kanayo season is favouring CS more than zedcrest.

True

What are the fund managers that are paying dividends to equity holders out of all these?

dammiecool:
I have funds with stanbicibtc,ucap,lotus,gtfund,paramount,CardinalStone & zedcrest.
I have used my tongue to count my teeth.

DataAnalyst2022:
What are the fund managers that are paying dividends to equity holders out of all these?

Ucap, cs, gt ,paramount. I got additional unit from lotus halal not sure if its dividends or bonus

dammiecool:
Ucap, cs, gt ,paramount. I got additional unit from lotus halal not sure if its dividends or bonus

When is Gt qualification date?