₦airaland Forum

Thanks for the reply

Yes ooo, I was absolutely stunned to see the scale of capital being invested in overseas markets — my jaw literally dropped the moment I learned about it.

quote author=Mixology post=140926055]

That’s something.[/quote]

Bro, equity investment for long-term growth dey better pass MMF, but e get risk because market fit go up or down. MMF na safer option with steady but lower returns, good for short-term or rainy day funds. For equity funds like Cardinal Stone, start with at least 50k so you fit see meaningful gains and reduce impact of fees. Also, YTD returns reset every year, so no worry if e show small percentage now. Remember to diversify—mix direct equities, equity funds, and MMF to balance risk and returns. If you dey try Cardinal Stone app, make sure your portfolio dey updated daily and reach out to their support if anything strange show. Lastly, always check if your returns dey beat inflation, else your money dey lose value. Patience and consistent top-up na key for equity investment success.

CSblackpink:
Yes ooo, I was absolutely stunned to see the scale of capital being invested in overseas markets — my jaw literally dropped the moment I learned about it.

quote author=Mixology post=140926055]

That’s something.

Although one could say he was just lucky as well. Investing in individual stocks especially with such a high amount could have gone sideways, irrespective of good appreciation history of the said stock.
It’s a risky venture nevertheless.
Although doing due diligence is advantageous.
No risk no reward.

Lesgupnigeria:
Bro, equity investment for long-term growth dey better pass MMF, but e get risk because market fit go up or down. MMF na safer option with steady but lower returns, good for short-term or rainy day funds. For equity funds like Cardinal Stone, start with at least 50k so you fit see meaningful gains and reduce impact of fees. Also, YTD returns reset every year, so no worry if e show small percentage now. Remember to diversify—mix direct equities, equity funds, and MMF to balance risk and returns. If you dey try Cardinal Stone app, make sure your portfolio dey updated daily and reach out to their support if anything strange show. Lastly, always check if your returns dey beat inflation, else your money dey lose value. Patience and consistent top-up na key for equity investment success.

My plan is simple, I wish to build up my equity portfolio up to like 15-20m after which I’ll be taking 50 percent of my profit every year end and reinvesting it into my mmf which is my retirement account.
That’s my strategy for now, although I may adjust it later.

Mixology:
My plan is simple, I wish to build up my equity portfolio up to like 15-20m after which I’ll be taking 50 percent of my profit every year end and reinvesting it into my mmf which is my retirement account.
That’s my strategy for now, although I may adjust it later.

good evening bro, instead of investing in mmf, invest in tixed deposit as they offer higher returns and certain. Most mmf are paying 18 percent while we have foxed deposit above 23 percent today.

harrykewell:
good evening bro, instead of investing in mmf, invest in tixed deposit as they offer higher returns and certain. Most mmf are paying 18 percent while we have foxed deposit above 23 percent today.

I prefer mmf because of easy access to the funds

For those interested in Nigerian equity mutual funds, it's worth comparing the funds beyond just their YTD returns. Check their fees, investment strategy, risk level, fund manager and performance over different periods before deciding.

I came across this comparison of equity funds in Nigeria that may be useful to anyone researching their options:

https://kiborise.com.ng/best-equity-funds-nigeria

It's for research and comparison purposes, not a recommendation to invest in any particular fund. Always verify the latest factsheet and returns with the fund manager before investing.

Mixology:
I prefer mmf because of easy access to the funds

If you don't mind sharing, what is your current MMF yield? As a banker, I’d love to see if I can match or beat that rate with a call deposit.

MMFs are typically compounded quarterly, while some other money market funds compound monthly, with annual returns hovering around 16% to 20%. Given their compound interest advantage and the complete absence of lock-up periods, I will always opt for money market funds.

harrykewell:
If you don't mind sharing, what is your current MMF yield? As a banker, I’d love to see if I can match or beat that rate with a call deposit.

Mixology:
I prefer mmf because of easy access to the funds

if you do call deposit, you will be able to access your fund with ease too

I just set up edividend mandate for shares I bought decades ago. I recently received the unclaimed dividends for transcorp and custodian for 2020 to date. But what happens to the ones before 2020? Please help a brother.

Ameboperoo:
I just set up edividend mandate for shares I bought decades ago. I recently received the unclaimed dividends for transcorp and custodian for 2020 to date. But what happens to the ones before 2020? Please help a brother.

Get a Registrar company eg Apel, google them and email them to look into it for you.

Include all info needed to assisting you better.

harrykewell:
If you don't mind sharing, what is your current MMF yield? As a banker, I’d love to see if I can match or beat that rate with a call deposit.

The main issue at least for me is the amount of funds vs annual yield: it has to be reasonable enough with attractive yield especially for seemingly not too popular financial banks even if it has been established for years.

That is why some MFBs look more attractive because you can put any amount you have.

harrykewell:
if you do call deposit, you will be able to access your fund with ease too

A lower rate in mmf will still outperform a higher rate in fixed deposit over a time period due to compounding. Imagine what will happen if the rates are equal or if MMF is higher.

You’re in the wrong place. Open a fixed deposit thread purely on its merit but there’s no sensible argument for people to leave MMF for fixed deposit, except for the uninformed.

Beyond rates, credibility of the institution matters too. Again, you’re in the wrong place because no one will leave stanbic mmf ans put their life savings in a micro finance bank or a company that hasn’t been around for a while.

Good day investors... I am actually looking to invest in a separate MMF at this time for a specific goal.

Please can someone assist shed more light on the following..
How can I open an account with coronation mmf, trust banc and STL. Do I need to download any application? (I already have first ally, but looking to diversify)

2. In terms of ease of opening account, customer service, ease of doing business with them, withdrawal and deposit turn around time and general efficiency... How would you arrange the three or based on the one(s) you are using.. How will you rate them?

Your response will be highly appreciated.

MMF does not require excessive diversification. That said, if you still prefer to engage an additional fund manager, TrustBanc is a solid choice. Simply follow the link provided on the attached webpage to complete your sign-up process with them.

https://www.trustbancgroup.com/

vanvickie:
Good day investors... I am actually looking to invest in a separate MMF at this time for a specific goal.

Please can someone assist shed more light on the following..
How can I open an account with coronation mmf, trust banc and STL. Do I need to download any application? (I already have first ally, but looking to diversify)

2. In terms of ease of opening account, customer service, ease of doing business with them, withdrawal and deposit turn around time and general efficiency... How would you arrange the three or based on the one(s) you are using.. How will you rate them?

Your response will be highly appreciated.

For those who want to know more about Zrosk Magna Equity Fund


https://www.youtube.com/watch?v=K9GtS2pKf3w

mikeayus:
For those who want to know more about Zrosk Magna Equity Fund


https://www.youtube.com/watch?v=K9GtS2pKf3w

What's Thier minimum capital that one can start with

Happy new month everyone, keeep investing, keep pushing.


Zrosk minimum investment amount is 5 million naira

ollypass:
What's Thier minimum capital that one can start with

I get why this thread keeps coming back to money market funds. They feel calm, and equities don't. But calm isn't the same as costless, and that cuts both ways. In today's session snapshot on 2 Nov, the All-Share Index was at 255,198.06, up 0.35%, with total market cap around ₦165.70 trillion. In that same snapshot, one stock fell almost 10% and another rose 10%. That's the trade in plain sight. Fixed deposits give you predictability. Equities give you days like that, up and down, and you have to be able to sit through the down days. My take: pick based on when you actually need the money, not on which thread sounds more confident that week. If you're comparing names, the full listed board is here: https://nairaview.com/stocks.html

What really happened to this thread? Abi all of una dun leave equity for foreign stocks? 😂😂😂

Is there anything in particular that you are looking for??
Why you dey find equity holders??

Any information you need is already here at your disposal.
Abi make we begin dey discuss politics and begin arguments?? You dont like how clean the thread is??
Abi you did not see the -2.38 that cardinal stone did today??
It has been a red couple of months in the stock market....

froshroy:
What really happened to this thread? Abi all of una dun leave equity for foreign stocks? 😂😂😂

princezzz:
Is there anything in particular that you are looking for??
Why you dey find equity holders??

Any information you need is already here at your disposal.
Abi make we begin dey discuss politics and begin arguments?? You dont like how clean the thread is??
Abi you did not see the -2.38 that cardinal stone did today??
It has been a red couple of months in the stock market....

Already told myself i wasnt going to open the CS app today.i find that its easier to coast through red days if you dont check.

The loss was driven by HBMG and Dang Cement or so. Dan cement is the largest cap stock in nigeria. You can imagine it shaving 10% in a day, everybody will feel it.

On the other hand, it may actually be dividend loading

Omo, i opened stockbubbles at close of trading today, the red bubbles i saw there eh, it was so heavy.. People collect oo

I opened CS just to get it over with, its been a while that huge percentage left all at once.
I dont even want to imagine what my other funds did.
I just like that CS gives you the percentage lost or gained kpomkwem.

Iamblessed8888:
Already told myself i wasnt going to open the CS app today.i find that its easier to coast through red days if you dont check.

The loss was driven by HBMG and Dang Cement or so. Dan cement is the largest cap stock in nigeria. You can imagine it shaving 10% in a day, everybody will feel it.

On the other hand, it may actually be dividend loading

princezzz:
Is there anything in particular that you are looking for??
Why you dey find equity holders??

Any information you need is already here at your disposal.
Abi make we begin dey discuss politics and begin arguments?? You dont like how clean the thread is??
Abi you did not see the -2.38 that cardinal stone did today??
It has been a red couple of months in the stock market....

I agree with u
Equity fund has been stagnant since mid year. It did very well from January to around June, but since d mid year crash, performance has been poor. Even zedcrest has been on one spot since

Yakubu has been dealing with me seriously. Anyway, no shaking and fully loaded to buy the dip.

froshroy:
What really happened to this thread? Abi all of una dun leave equity for foreign stocks? 😂😂😂

I want to redeem my mmf account to load up in equity but Stanbic is saying 5m is the highest amount to redeem per day, pls house is there any other way to increase it??

Yesterday’s yakubu was massive on all front