aremso:


60 Stocks for what nah? if i build my holding around Zenith, GTB, UBA ACESS and 2 other consumers good with nice dividends and i monitor the performance. that alone can make fortune not only for me but the posterity behind coming after me.

What works for you does not have to work for me, there are various routes to the market. The most important thing is to be financially independent that we can afford to live comfortably from the residual income from our investments.

My late mentor had over 100 stocks in his portfolio, he became a director in 5 of the companies and became the chairman of one of the companies, equally had about 40 houses in Lagos when he died in 2007.

This was a man who started investing in the capital market in 1962 at age of 20 and resigned in 1979 at the age of 37 to live exclusively on the returns on his Investments.

When I want to speculate, I do it solely on a stock taking a leverage position. That is my strategy and has always worked for me, I won't advise you use my strategy and I won't use your either because you are different from me as I am different from you.

emmanuelewumi:


What works for you does not have to work for me, there are various routes to market. The most important thing is to be financially independent that we can afford to live a comfortably from the residual income from our investments.

My late mentor had over 100 stocks in his portfolio over 40 houses in Lagos when he died in 2007.

This was a man who started investing in the capital market in 1962 at age of 20 and resigned in 1979 at the age of 37 to live exclusively from the returns on his Investments.

When I want to speculate, I do it solely on a stock taking a leverage position. That is my strategy and has always worked for me, I won't advise you use my strategy and I won't use your either because you are different from me as I am different from you.

You are very correct., everybody has what works for him/her but am sure the investor of all time Warren Buffet does not have 60-100 stocks in his portfolio and yet for more than a decade now he has always be among top 20 richest guys in the world with billion of dollars going to charity. Just my thought though

aremso:


You are very correct., everybody has what works for him/her but am sure the investor of all time Warren Buffet does not have 60-100 stocks in his portfolio and yet for more than a decade now he has always be among top 20 richest guys in the world with billion of dollars going to charity. Just my thought though

He has, check what his company has in his portfolio.

ofime123:
good evening sir/ma I just stumble on this thread today and I like what am reading here can anyone please put me through any investment i have about 600k sitting in my bank account since last June. please how wisely can I invest the money pls. am a novice is bond and treasury Bill's.

Abacus money market fund AMMF or Vantage Gurranteed income fund VGIF managed by investment one is good for you. Check my signature to get d link to open account online

aremso:


You are very correct., everybody has what works for him/her but am sure the investor of all time Warren Buffet does not have 60-100 stocks in his portfolio and yet for more than a decade now he has always be among top 20 richest guys in the world with billion of dollars going to charity. Just my thought though

Buffet company, Berkshire, owns 48 securities with a market value of $251 billion.

emmanuelewumi:


What works for you does not have to work for me, there are various routes to market. The most important thing is to be financially independent that we can afford to live a comfortably from the residual income from our investments.

My late mentor had over 100 stocks in his portfolio over 40 houses in Lagos when he died in 2007.

This was a man who started investing in the capital market in 1962 at age of 20 and resigned in 1979 at the age of 37 to live exclusively from the returns on his Investments.

When I want to speculate, I do it solely on a stock taking a leverage position. That is my strategy and has always worked for me, I won't advise you use my strategy and I won't use your either because you are different from me as I am different from you.

Am sure you're referring to the Late Chief Akintunde Asalu. The Asiwaju of Ejigboland in Osun State.
Popularly known as the Warren buffet of Nigeria.

Plus10:

Thanks for your contributions on this great thread.Please I want to ask,when you buy a stock what do you have in mind when buying it?Do you intend to sell it off after some profit,or you just hold it pending when dividend would be paid?

Sorry for late response. ...being busy at work today.

All my stock are good DIVIDEND paying stocks...

If the profit is over 50%, I usually sell and forfeit the 12-25% dividend payments and wait for pull back to buy more units of the sample stock I sold earlier.

If the stock percentage profit is less than my dividend, I chop the dividend or re-invest the dividend to the same stock or to a different stock..

Never be attached to any stock or investment since no be you or family get the business.

As treasury bills rates have become ridiculous, am moving to stocks for now with more dividend payments and price appreciation.

When treasury bills rates are above 10%, I will come back


Rule 1: NEVER LOOSE YOUR HARD EARNED FUNDS

Rule 2: DON'T FORGET RULE 1.

SLOW AND STEADY INVESTMENTS WIN THE RACE

emmanuelewumi:



It depends on you, I invest for cash flow but when crazy capital appreciation occurs I book profit.

Invest in businesses with history of regular dividend payment in the last 10 years, make sure the dividend yield will give you a minimum of 10%, also consider companies that have been growing their profits in the last 5 years. Make sure you don't over pay for any Investment.

Very difficult to time the market, if you do you will just be working for the stock broker.

Cash flow Investment is stress free and gives peace of mind a company that publishes primary, secondary and tertiary students textbooks Learn Africa Plc formerly Longman Publishers paid a retired Prof a dividend of over N4 million in 2019, he is sure of receiving another payment of N4 million in July 2020 if not higher than what he got last year. I am sure that payment is higher than his pension

Imagine what the old Prof would have been earning if book pirates did not eat into the market share of companies like Learn Africa, University Press, Macmillan publishers and others

Thanks you Sir for this response.

Plus10:

One more thing boss,I was developed interest in stock trading but due to some reasons I decided to quite.During my trading experience one of greatest challenges was selling the stock after the price has appreciated. After clicking on sell on the platform(I used Meritrade) ,a times it takes several days before being matched with a buyer.At times I would be forced to sell at market price which most of times resulted in lost or little profit.What could be the reason,is it that I went for stocks that were not easily liquidated? Or I wasn't patient enough for me to be matched with a buyer?

Sir, you were not trading real time, that was your problem then.

I had similar challenge with investment -one stockbroker that made me opened account with morgancapital group , and since I started trading by myself real time in the floor of NSE , life has become so sweet, easy , profitable and fun.....just like Madam Ndidigood has said above.

Cheers!

ndidigood:
l HV lost money very well in pump and dump era.
Things HV really changed.information about any coy u wan invest is out Dr unlike shoot in d dark we use to do
What l do now is to research through medium like kwayisi live, nairametrics, Blomberg etc and l follow my people for stock market pick alert analyst plenty there.
They are good.
I honestly do my homework based on dividend paying stock by monitoring their pattern stocks like
Uba, zenith, fcmb, fidelity.capl etc
I HV 12 stock in my portfolio all in green except total
If u want to succeed in stock monitor the pattern , hv a strategy and stay focused.
Eg buy when price go down eg uba went as low as 5:40-5:5 if one bot it then selling #8 isn't bad.
Was a longtermer but like l said before a lot has changed. I do div paying stock in case of incasity
I chop plenty div last year but dis year l hv enmarked my exit price to each stock

must follow buy low this year

Same strategies Madam....

The thing is that you become better and master the stock market each passing season in stock investment if you learn the lessons and applied them in your next trades

aremso:


You are very correct., everybody has what works for him/her but am sure the investor of all time Warren Buffet does not have 60-100 stocks in his portfolio and yet for more than a decade now he has always be among top 20 richest guys in the world with billion of dollars going to charity. Just my thought though

Warren Buffet currently has about 50 in his portfolio and still on the lookout for wonderful businesses he can buy at a discount.

I am trying to sell down all my holdings in 3 companies

C and I leasing, UPDC and PZ

emmanuelewumi:


Warren Buffet currently has about 50 in his portfolio and still on the lookout for wonderful businesses he can buy at a discount.

I am trying to sell down all my holdings in 3 companies

C and I leasing, UPDC and PZ

Any reason, sir? I mean why the choice of the three companies.

seyisanya:
Any reason, sir? I mean why the choice of the three companies.

C and I leasing very complex business model, business is making money but doesn't turn to profits.

PZ is having issues, caused by reduced purchasing power by Nigerians which has led to a continuous reduction in the profitability of the company. The company needs to adapt and learn how the Indian businesses are surviving and making money in Nigeria.

I will sell UPDC when they are done with the restructuring of the parent company. I still have UPDC REIT, that one is churning good profits from its Investment properties and interest income from the estimated cash of over N5 billion at the disposal of the company.


UPDC problem was caused by fund mismatch using short term loan to finance real estate projects. The reduction in the purchasing power of the upper class and lack of free money has negatively affected the sale of Properties in the high end of the property market which is the area the company focused on.

I think UPDC needs to look at building property which the average Nigerian worker can buy, how many people can buy a property of N80 million and above.

The company should look at the building of houses of N20 million and below..

The company also has debt of about N20 billion on its neck and has been declaring losses for the past 3 years stopped paying dividends about 3 years ago

Hmmm... Been reading and reading stuffs from you guys. @emmanuel and Co.. I must say nice guys. I have learnt a lot from all your writings but i still don't know why i am scared of investing in shares...lolz.

Treasury bill rate at the moment is not good looking at all and i have more than 900k close to 1million sitting in my account and doing nothing.

Chykes4micheal:
Hmmm... Been reading and reading stuffs from you guys. @emmanuel and Co.. I must say nice guys. I have learnt a lot from all your writings but i still don't know why i am scared of investing in shares...lolz.

Treasury bill rate at the moment is not good looking at all and i have more than 900k close to 1million sitting in my account and doing nothing.

I will advise you to buy FG savings bonds and money market funds.

emmanuelewumi:



It depends on you, I invest for cash flow but when crazy capital appreciation occurs I book profit.

Invest in businesses with history of regular dividend payment in the last 10 years, make sure the dividend yield will give you a minimum of 10%, also consider companies that have been growing their profits in the last 5 years. Make sure you don't over pay for any Investment.

Very difficult to time the market, if you do you will just be working for the stock broker.

Sir, nice strategy you've got and I appreciate you sharing it with the forum. I would like to ask, since you invest for the cash flow which is the dividend that a company pays and you go for dividend above 10%, if you're in a situation where you invested in a dividend paying stock above 10% and the the stock appreciate in price with return above what you'll get from the dividend, would you sell the stock and lock in profit. Or would you leave it even if the stock is still below it's fair value.

ukay2:


Sorry for late response. ...being busy at work today.

All my stock are good DIVIDEND paying stocks...

If the profit is over 50%, I usually sell and forfeit the 12-25% dividend payments and wait for pull back to buy more units of the sample stock I sold earlier.

If the stock percentage profit is less than my dividend, I chop the dividend or re-invest the dividend to the same stock or to a different stock..

Never be attached to any stock or investment since no be you or family get the business.

As treasury bills rates have become ridiculous, am moving to stocks for now with more dividend payments and price appreciation.

When treasury bills rates are above 10%, I will come back


Rule 1: NEVER LOOSE YOUR HARD EARNED FUNDS

Rule 2: DON'T FORGET RULE 1.

SLOW AND STEADY INVESTMENTS WIN THE RACE

chai
Na ur mama born u

ukay2:


Same strategies Madam....

The thing is that you become better and master the stock market each passing season in stock investment if you learn the lessons and applied them in your next trades

exactly..

brandable:


Sir, nice strategy you've got and I appreciate you sharing it with the forum. I would like to ask, since you invest for the cash flow which is the dividend that a company pays and you go for dividend above 10%, if you're in a situation where you invested in a dividend paying stock above 10% and the the stock appreciate in price with return above what you'll get from the dividend, would you sell the stock and lock in profit. Or would you leave it even if the stock is still below it's fair value.

If the fundamentals of company supports the appreciation and the company is still appropriately valued I won't sell.
A company made EPS of N1 in 2019 and sold for N9, if the same company now makes an EPS of N1.50k which is a 50% growth in earnings and moved from N9 to N11, I won't sell. Will sell if market sentiment moves it to above N15

When I speculate, I do such in a full bull market and usually from a leveraged position targeting just one stock. The last time I did such was in 2007.


What I do every quarter is portfolio rebalancing sell some overvalued stocks if any and use the proceeds to buy more of the undervalued stocks.

But I buy stocks every month at times when the cash flow is very good I buy every week.
I bought on Monday, Tuesday and Friday of last week .

Mr A strategy might not work for Mr B

Oga emmanuelewumi You are doing a great job for us here. I have been reading, reading. You had a mentor. Can you mentor me?
TB rates are going down
NSE was the best performing in the world as at last week
I want to start small and grow.

Chykes4micheal:
Hmmm... Been reading and reading stuffs from you guys. @emmanuel and Co.. I must say nice guys. I have learnt a lot from all your writings but i still don't know why i am scared of investing in shares...lolz.

Treasury bill rate at the moment is not good looking at all and i have more than 900k close to 1million sitting in my account and doing nothing.

it not doing notting banks are enjoying it ,given out consumer loans at 27 percent

aremso:


60 Stocks for what nah? if i build my holding around Zenith, GTB, UBA ACESS and 2 other consumers good with nice dividends and i monitor the performance. that alone can make fortune not only for me but the posterity behind coming after me.

Remembered having 60 something in my children account then
Eg 50 unit of zenith,24 units of access,3 units of dangote cement.3 pages of investment not up to #100k.to me then l want to HV all, then dividend warrant Wii come like #20,#15 and at the end nothing tangible.
Have to sell all leaving reasonable ones.
But that was with an analogue broker
Can't even try it now.l like few and tangible holdings.
I balance, re- balance and l like tidy portfolios.

ahiboilandgas:
it not doing notting banks are enjoying it ,given out consumer loans at 27 percent

I laughed at people who believed the current CBN policy will affect the profitability of the banks. It is the average Nigerians that it will affect

DaBogu:
Oga emmanuelewumi You are doing a great job for us here. I have been reading, reading. You had a mentor. Can you mentor me?
TB rates are going down
NSE was the best performing in the world as at last week
I want to start small and grow.

Start small with about 10k, learn and grow.

Little drops of water make the big ocean.

A journey of a thousand miles starts with a step.

emmanuelewumi:



Start small with about 10k, learn and grow.

Little drops of water make the big ocean.

A journey of a thousand miles starts with a step.

Thank you sir. What's stock do you recommend?

ndidigood:
Remembered having 60 something in my children account then
Eg 50 unit of zenith,24 units of access,3 units of dangote cement.3 pages of investment not up to #100k.to me then l want to HV all, then dividend warrant Wii come like #20,#15 and at the end nothing tangible.
Have to sell all leaving reasonable ones.
But that was with an analogue broker
Can't even try it now.l like few and tangible holdings.
I balance, re- balance and l like tidy portfolios.

You use Morgan capital? Did you download their app or how did you go about it?
Thank you for your response.

DaBogu:
Thank you sir. What's stock do you recommend?

UACN at N10.00 or below please get opinions of others. Wait till Tuesday, those who bought at N5 in December will try to sell now at N10.30k so I expect profit taking tomorrow.

The business is being restructured and I see value being created through this exercise. The former managers were clueless on how to unearth the hidden values in this company. They now have new management and core investors who currently turning things around.


The company is as old as Nigeria, a company that gave a loan of $500,000 to Aliko Dangote's grandfather in 1940 so that he could supply agricultural produce for export to the company.
I am sure you heard about United African Company when you read about the amalgamation of Nigeria.


Dangote cement is also good at the current price

incogni2o:


Pls can i get an answer to this

Lol! TB is now old school. Ur 3m is about a measly 150k for the year. And it's like most banks are not even keen on it anymore.

I suggest you follow the discussions here for other investment options. For me I'm taking notes silently.

alezzy13:


Lol! TB is now old school. Ur 3m is about a measly 150k for the year. And it's like most banks are not even keen on it anymore.

I suggest you follow the discussions here for other investment options. For me I'm taking notes silently.

It is a cycle Treasury Bill will return back to the good old days. When it will happen, we don't know..

DaBogu:
You use Morgan capital? Did you download their app or how did you go about it?
Thank you for your response.

The time l opened my acc wt them l went to their office
But u can do it online.

Type: Morgan capital account opening form then take it from there. Or

Send them mail: customercare@morgancapitalgroup.com

alezzy13:


Lol! TB is now old school. Ur 3m is about a measly 150k for the year. And it's like most banks are not even keen on it anymore.

I suggest you follow the discussions here for other investment options. For me I'm taking notes silently.

Thanks, Pls can I have your digits?

emmanuelewumi:


Please buy money market fund you can still get 10%

Plz if one wish to buy MMF or FG Saving Bond via FBNquest, where is their office located or are they also have their office located inside First Bank?