Why Young People Should Invest In Shares - Investment (3) - Nairaland
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| Re: Why Young People Should Invest In Shares by emmanuelewumi(m): 6:27pm On Nov 19, 2013 |
soul_glo: It's never really a loss until you sell. Don't sell stocks just because the stock or the market drops. That's usually the time to buy more. Diversify, diversify, diversify. Don't put all your money in one sector and definitely not in one company stock. And again, if one invests for cash-flow rather than capital appreciation it will be difficult to go wrong. |
| Re: Why Young People Should Invest In Shares by soulglo: 6:28pm On Nov 19, 2013 |
emmanuel ewumi: They are far less risky though. Some peoples strategy is slow and steady wins the race. It depends on your investment strategy. How do mutual funds work in Nigeria? Are there any ones worth looking into? I prefer mutual funds to stocks though I own some stocks too. |
| Re: Why Young People Should Invest In Shares by emmanuelewumi(m): 6:31pm On Nov 19, 2013 |
Probably the biggest intellectual problem an investor has to wrestle with is the constant barrage of noise and babble. Noise is extraneous, short-term information that is random and basically irrelevant to investment decision-making. Babble is the chatter and opinions of the well meaning, attractive talking heads who abound. The serious investor's monumental task is to distil this overwhelming mass of information and opinion into knowledge and then to extract investment meaning from it. --Barton Biggs > 2 Likes 1 Share |
| Re: Why Young People Should Invest In Shares by emmanuelewumi(m): 6:32pm On Nov 19, 2013 |
You should look at stocks as small pieces of business. --Warren Buffett 1 Like |
| Re: Why Young People Should Invest In Shares by emmanuelewumi(m): 6:33pm On Nov 19, 2013 |
Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether. --Peter Lynch 2 Likes 1 Share |
| Re: Why Young People Should Invest In Shares by emmanuelewumi(m): 6:35pm On Nov 19, 2013 |
emmanuel ewumi: Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether. The stock market is not a Casino, but if you move in or out of stocks every time they move a point or two, or if you continually sell short, or deal in option and futures, the market will be your Casino. And like most gamblers, you may lose eventually or frequently. Sir John Templeton 1 Like |
| Re: Why Young People Should Invest In Shares by WinkWrld: 6:35pm On Nov 19, 2013 |
Goood topic. As a finance man, I would rather invest elsewhere. Shares doesn't meet expectation of the common man. Return on investment can be better maximised when managed in between portfolios. For better info add me up on 2b18241a. We can manage ur funds @ 3% admin fee. Ur funds being insured by financial house. |
| Re: Why Young People Should Invest In Shares by emmanuelewumi(m): 6:36pm On Nov 19, 2013 |
emmanuel ewumi: What impresses me is how much better, long-term owners of stocks do with their portfolios than traders do with their switching of inventory. The relaxed investor is usually better informed and more understanding of values, he is more patient and less emotional, he does not incur unnecessary commissions , and he avoids too much thinking. Lucien Hooper 3 Likes |
| Re: Why Young People Should Invest In Shares by luckynzo(m): 6:38pm On Nov 19, 2013 |
mister josh: I want to buy shares oo, pls ao much is d least amt one shuld expect as dividend for a share of lets say #10,000 in a healthy bank. Pls o am still a student, will d dividen b able to pay my monthly BIS subscription?II couldn't withold a chuckle as i read ur last question. Didn't u read where Jarus said that N3,500 worth of First Bank shares bought in 1993 is now worth N90000. Lemme tell you a short shares story. N25000 worth of Standard Trust Bank shares was bought in 2003 @ N4 each in an IPO. During Soludo's recapitalization program, STB merged with UBA. The initial 25000 units was reduced to 12000 units. Fast forward to 2007, each UBA share sold for N57. Ignorant me didn't sell then cos i was waiting for it to keep going up. Then came 2008 and the crash of the stock market. Anyways now, due to bonus shares and all that, i presently own 30,000 units of UBA. The share price is about N8. I've collected about N55,000 dividend so far. Last time i collected was in 2009 sha. Hope i've been able to enlighten you a bit. 1 Like |
| Re: Why Young People Should Invest In Shares by sgsltd(m): 6:40pm On Nov 19, 2013 |
Is it thesame company or share that 92company were on danger list |
| Re: Why Young People Should Invest In Shares by emmanuelewumi(m): 6:41pm On Nov 19, 2013 |
It is not during the up years that great investment track records are made, it is during the down years. Charles de Vaulx I bought tonnes of Unilever shares during the down years of 2009 and 2010 for N8, I was able to sell the shares some few months ago for more than N60 2 Likes |
| Re: Why Young People Should Invest In Shares by Nobody: 6:42pm On Nov 19, 2013 |
emmanuel ewumi:if I start with that 50k,like how much will be my profit in 6 months time  |
| Re: Why Young People Should Invest In Shares by emmanuelewumi(m): 6:46pm On Nov 19, 2013 |
rahazaqa: if I start with that 50k,like how much will be my profit in 6 months time About 55k |
| Re: Why Young People Should Invest In Shares by emmanuelewumi(m): 6:47pm On Nov 19, 2013 |
The stock market is designed to transfer wealth from the active investors to the patient investors. Warren Buffet. If you do not feel comfortable owning something for 10 years, don't own it for 10 minutes. Warren Buffet. 4 Likes 1 Share |
| Re: Why Young People Should Invest In Shares by emmanuelewumi(m): 6:48pm On Nov 19, 2013 |
emmanuel ewumi: The stock market is designed to transfer wealth from the active investors to the patient investors. I guess our short term mentality is one of the reasons why most Nigerian businesses do not last 2 Likes |
| Re: Why Young People Should Invest In Shares by emmanuelewumi(m): 6:50pm On Nov 19, 2013 |
Behind every stock is a company, find out how the company is doing. Peter Lynch And remember that your share certificate is not a lottery ticket, but it is an evidence your units of ownership in a business entity. Emmanuel Ewumi 2 Likes |
| Re: Why Young People Should Invest In Shares by adeboolusegun(m): 6:54pm On Nov 19, 2013 |
I invested in Diamond bank and bought a share of about 10k which was about 100+ units but nw I don't know how everything is at present. anybody with any information? |
| Re: Why Young People Should Invest In Shares by emmanuelewumi(m): 6:55pm On Nov 19, 2013 |
luckynzo: II couldn't withold a chuckle as i read ur last question. Didn't u read where Jarus said that N3,500 worth of First Bank shares bought in 1993 is now worth N90000. Lemme tell you a short shares story. N25000 worth of Standard Trust Bank shares was bought in 2003 @ N4 each in an IPO. During Soludo's recapitalization program, STB merged with UBA. The initial 25000 units was reduced to 12000 units. Fast forward to 2007, each UBA share sold for N57. Ignorant me didn't sell then cos i was waiting for it to keep going up. Then came 2008 and the crash of the stock market. Anyways now, due to bonus shares and all that, i presently own 30,000 units of UBA. The share price is about N8. I've collected about N55,000 dividend so far. Last time i collected was in 2009 sha. Hope i've been able to enlighten you a bit. N3500 worth of FBN shares in 1993 is now worth N900k in 2013. BONUS SHARE: This is similar to dividend but it does not involve cash payment. When a company gives bonus shares, it means every shareholder is entitled to additional free shares. N3500 used in buying 1000 units of First Bank shares in 1993 have grown to over 54,000 units valued at almost N900000 in 2013 due to bonus shares and growth of the company. |
| Re: Why Young People Should Invest In Shares by emmanuelewumi(m): 6:59pm On Nov 19, 2013 |
This is the performance of First Bank from 2000 to date. 100k will buy 20,000 units of FBN shares in 2000. Year Bonus Units 2000 20,000 2001 1 for 4 25,000 2002 1 for 5 30,000 2003 1 for 6 35,000 2004 1 for 8 39,375 2005 1 for 4 49,218 2006 1 for 25 5[b]1,186 ( Special distribution)[/b] 2006 1 for 1 102,372 2007 1 for 6 119,433 2008 1 for 4 149,291 2009 1 for 6 174,171 2010 1 for 8 195,000 units Valued at over N3.8 million Naira |
| Re: Why Young People Should Invest In Shares by soulglo: 7:01pm On Nov 19, 2013 |
WinkWrld: Goood topic. As a finance man, I would rather invest elsewhere. Shares doesn't meet expectation of the common man. Return on investment can be better maximised when managed in between portfolios. For better info add me up on 2b18241a. We can manage ur funds @ 3% admin fee. Ur funds being insured by financial house. Can you list some funds you manage that we could look up online? |
| Re: Why Young People Should Invest In Shares by emmanuelewumi(m): 7:05pm On Nov 19, 2013 |
soul_glo: Please do not go there, when a man with money meets another man with experience, the man with money will gain the experience while the man with the experience will get the money. I will advice you to invest in your financial education. 1 Like |
| Re: Why Young People Should Invest In Shares by emmanuelewumi(m): 7:08pm On Nov 19, 2013 |
emmanuel ewumi: http://www.jarushub.com/how-to-invest-profitably-in-quoted-companies-ii/ These are some of the features of good companies. |
| Re: Why Young People Should Invest In Shares by Bizibi(m): 7:10pm On Nov 19, 2013 |
I will buy shares but list the companies that are termed or tagged OK |
| Re: Why Young People Should Invest In Shares by Nobody: 7:11pm On Nov 19, 2013 |
I would rather used my money on business I understand and bear the risk alone that putting it in a legalised 419 shares. |
| Re: Why Young People Should Invest In Shares by soulglo: 7:11pm On Nov 19, 2013 |
emmanuel ewumi: Are you okay? What the hell do you know about my financial education? You think quoting Warren Buffet makes you have a clue? What ever reason has you pissed this afternoon I will suggest you deal with it and leave me out of it. I have been investing in stocks and mutual funds since before you ever learned how to quote warren Buffet. I asked the person I asked to list funds because I have no mutual funds in Nigeria. Not because I need to be educated by you. You really have the nerve to address me when I asked you the same question and you responded with quotes from the Internet. I asked someone else that might know what he is talking about and you decide to crawl out of your hole and attack me. If you can list a fund then list it. I know how funds work and I can do my own research. If you cannot please respect yourself and jump off my balls. 1 Like |
| Re: Why Young People Should Invest In Shares by wrench: 7:20pm On Nov 19, 2013 |
I've Been Wanting To Ask This Question; How Does One Go Claim A Deceased Shares? |
| Re: Why Young People Should Invest In Shares by Nobody: 7:26pm On Nov 19, 2013 |
I need referral to a good stockbroker that can help with small investments (for now). Not less than 40k tho. Actually probably in the range of 50 to 80k depending on my mood |
| Re: Why Young People Should Invest In Shares by rhames(m): 7:41pm On Nov 19, 2013 |
One of the biggest secrets of buying shares is not only the above listed advantages. It is one of the two greatest hedges against inflation (real estate is the second) and it is the only way to save and make money over the long term. I have been buying shares since 2003 and of course i have had some ups and downs but some shares are still worth the buy. There are three reasons why you buy shares. First is to save for posterity(buy or build a house, send kids to the best schools,start a business or other specific targets). Second is to build value over the long and short term. Third for the purpose of earning passive income in the nearest future. Shares that fall into the first category are as follows: FBN Holdings,Union Bank,UBA,NAHCO-Aviance,Dangote Flour,Dangote Sugar,GTB (Cheap to acquire ,regular Dividends and bonuses shares) Shares that fall into the second category are as follows: Nestle,Cadbury,Total,Mobil, Dangote Cement,Julius Berger.( Expensive but growth/Value focussed) a combination of both falls into third category. Dont buy any shares on sentiments.Its dangerous. Another point i want to raise is get a good stock broker. If you can start with a minimum of N250,000 please do so because the best stock brokers dont come cheap. They give you advice on paper, complete analysis of stocks to buy and personalised service. Use a traditional Merchant bank or Market maker. I use FCMB stockbrokers. If you are in Lagos or Abuja walk into the HQ or CDB branch. I bought Nestle 10000 units of Nestle @ N54 then and you can imagine how much i have made on capital appreciation. I have not sold it. That was on their advise. I am accountant by profession and that has helped me a lot with my investments. I am currently working on a website that will assist newbies in shares on how to go about things. Good luck with your investments. Any quick questions can be sent to oryxsmeconsulting@gmail.com 2 Likes |
| Re: Why Young People Should Invest In Shares by ULSHERLAN(m): 7:48pm On Nov 19, 2013 |
........ |
| Re: Why Young People Should Invest In Shares by rhames(m): 7:53pm On Nov 19, 2013 |
soul_glo: I knowof one Mutual fund in Nigeria that has a history of high performance. That is ARM Discovery Fund.Check out their website at http://www.arminvestmentcenter.com/. or try this one http://www.stanbicibtcassetmanagement.com Good luck |
| Re: Why Young People Should Invest In Shares by rhames(m): 8:02pm On Nov 19, 2013 |
| Re: Why Young People Should Invest In Shares by rhames(m): 8:17pm On Nov 19, 2013 |
emmanuel ewumi: This is the performance of First Bank from 2000 to date. |
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