Alaska90:

Please can you talk about it here....that is one of the reasons for this forum

Most stocks will cost you money. An even larger number make for lousy bets; instead of being rewarded for taking some risk, you’d likely be better off buying risk-free bonds. At least, that’s the case in the US, said University of Arizona finance professor Hendrik Bessembinder in 2017, following a groundbreaking study examining the performance of almost 26,000 US stocks over a 90-year period.

OakPearl:
BREAKING!!!
Cruise lines voluntarily suspend all trips out of US ports until September 15th!

Dear forum members, by this announcement I am selling my cruise lines on a little profit to hold cash till I think it is profitable to buy cruise lines back; probably in September.

My decision to sell may be wrong.
Do your due diligence.

afroxyz:
So the media has succeeded in scaring the shit out of investors with a second wave of Corona virus. Stocks started tanking mid-day (US time). Apple is closing 11 stores in Florida, Arizona, North & South Carolina. This may be a good time to get stay-at-home stocks. Also to buy dips in Apple. [/b]I expect airline, cruise and restaurant stocks to tank further.[b]

OakPearl:
BREAKING!!!
Cruise lines voluntarily suspend all trips out of US ports until September 15th!

Dear forum members, by this announcement I am selling my cruise lines on a little profit to hold cash till I think it is profitable to buy cruise lines back; probably in September.

My decision to sell may be wrong.
Do your due diligence.

gamaliel9:
Personal Experience: I started stock investing/trading in Nigerian stocks around December 2016 . I have made more money from dividends than from trading. My dividends from United Capital Plc alone have covered all my gains and losses put together...so i thinks that s works for me. Find your own ooo but sometimes i do follow follow to trade

OakPearl:


I like the fact you are sticking to your strategy in making a foray into uncharted waters.

I had the feeling we have dividend aristocrats in this forum and already had a watchlist of good dividend stocks to share for the benefit of all who may be interested.

Apart from looking for the highest yielding dividend stocks, the best of them are those who have been consistent in the last 5, 10, 25, and 50 years.
REITS are also very good proposition for dividend income because of the nature of their business and the mandatory law that makes it obligatory for them to pay out a huge percentage of their PAT as dividend annually.

Energy Transfer (ET) $8.43 with EPS of $0.71 and div yield of 14.48%
Starwood Property Trust (STWD) $15.32 with EPS of $1.29 and div yield of 12.48%
Exxon Mobil (XOM) $49.21 with EPS of $2.49 and dvd yield of 7.07%
White Horse Finance (WHF) $11.53 with EPS of $0.14 and div yield of 12.32%
Phillips 66 Partners (PSXP) $40.57 with EPS of $.87 and div yield of 8.63%
AT&T (T) $31.16 with EPS of $1.97 and div yield of 6.68% (5G candidate)
Ventas Inc. (VTR) $41.58 with EPS of $1.44 and div yield of 7.64%
Verizon (VZ) $56.79 with EPS of $4.44 and div yield of 4.33% (5G candidate)
Canadian Natural Resources (CNQ) $18.15 with EPS of $1.89 and div yield of 6.88%
LTC Properties (LTC) $39.36 with EPS of $3.10 and div yield of 5.79%
Shaw Communication (SJR) $16.88 with EPS of $1.00 and div yield of 5.03% (This one will make people money during the 5G boom)
Kimco Realty Corp (KIM) $14.06 with EPS of $0.75 and div yield of 7.96%

The list is not exhaustive, but I have also been careful not to list companies with low dvd yield, and negative EPS that has high div yield record which is obviously deceptive. Low liquidity stocks have also been avoided to allow for easy sell off whenever an investor wishes to jump ship.
Note also that every change in price automatically affects the dividend yield.
Apart from dividend income, the above stocks have good upside potential for capital appreciation too for the patient.
Due diligence advised.

thesilentone:


Your bias is quite obvious towards the oil sector. If this was my long term shortlist, I would narrow it down to these coys:
XOM
BEN
MRK
AFL
EV - 50-50 pick (bias)

Additional criteria - Debt

damurphy:
I was using Etoro platform but had to withdraw my funds to trading 212 because of convenience of zero trading fee I'm enjoying in trading 212 platform. My major issue with Etoro is their high minimum trade value of $500. For those not comfortable with platform fees e.g trade commission, deposit fee, and withdrawal fees should check out trading 212.

gamaliel9:



Does Trading 212 accept Nigerians?

arduino:

Chaiiii....
Source please......

Rutherford2019:




I want it to dip further so that I can buy more to sell next year
How do you see it boss. .is it a good idea

gamaliel9:
Personal Experience: I started stock investing/trading in Nigerian stocks around December 2016 . I have made more money from dividends than from trading. My dividends from United Capital Plc alone have covered all my gains and losses put together...so i thinks that s works for me. Find your own ooo but sometimes i do follow follow to trade

DexterousOne:
Anyone else here intend to build a defensive dividend paying portfolio on our NYSE platforms?

Or we are all traders here?


I'm still studying the market and yet to take a plunge tho

Just watching on the sidelines

But I'm more biased towards dividend investing to trading.

What do our other veterans here think?

lafuria1:


I'm assuming I understand what you are asking, you want to buy stocks from companies that pay dividends in NYSE.

Many companies don't pay dividends Tesla doesn't. And those who do, you are going to make more money from increase in value of your stock over time than dividend.


I will give an example using Warren buffet shares with apple

Apple is the biggest company in the world by value and they pay dividend of 0.8 dollars per share

In 2018, buffet shares were worth 36b dollars, in 2019, they were worth 66 billion, profit of 30bn dollars, his annual payout dividend was 784 million dollars for that same year, Compare na, dividends are like extra Money to you.

Imagine you bought 1000 shares worth 350k dollars of apple now , your quarterly dividend will be 800 dollars only , you will then get 2400 dollars for the full year

One of the highest divided in US is McDonald, 1.25 dollars per share. With

So just compare it with NSE, looks like it's different as far dividends is concerned

DexterousOne:


I'm still studying the market.


And I have some finance background
By virtue of being a chartered accountant

So I understand that the approaches for the NYSE ans NSE listed companies


When a profitable company retains most of its earnings
The valuations go up
As the retainer earnings get to be ploughed back and all that
.

But Nigeria
The business risks are so high hence rapid expansion could lead to disaster

I believe that's why they stick to a higher dividend payout
At least it makes shareholders happy

Assuming say Nigeria dey more balanced
And more of this money was reinvested for further growth
Our valuations for make sense

Thank you for ur answer

lafuria1:


You already know how it works, I was just wondering why the focus on dividend paying stocks.

All good

4Play:
One key thing that hasn't been mentioned here for beginners, and arguably everyone, is that[b] you are much better off buying an index like the S&P500 than trying to pick individual stocks.
[/b]
Yes, it's "boring" compared to imagining you are running a hedge fund or outsmarting Warren Buffett but if you want longevity (to thrive over decades) in this game, boring is the way to go.

thesilentone:


This is a flawed argument. If one is interested in buying the index, you might be better off giving your money to the hedge fund manager who will save you the 'stress' of running an account to get the same results. It would be enlightening to the readers if you explained to them how indexes work.

If you don't want to do any research, if you can't be asked to do any due diligence, by all means buy the indexes. You don't even need to read any books, just buy the index and expect the overall market returns. Even WB does not buy the index.

thesilentone:


This is a flawed argument. If one is interested in buying the index, you might be better off giving your money to the hedge fund manager who will save you the 'stress' of running an account to get the same results. It would be enlightening to the readers if you explained to them how indexes work.

If you don't want to do any research, if you can't be asked to do any due diligence, by all means buy the indexes. You don't even need to read any books, just buy the index and expect the overall market returns. Even WB does not buy the index.

Buffett is a master of value investing wherein patience, discipline, and risk aversion are the essential ingredients for success. But he acknowledges that individual stock picking is not for everybody. In fact, most average, long-term investors would benefit from a much simpler strategy, he says: investing in low-cost index funds.

"My regular recommendation has been a low-cost S&P 500 index fund," Buffett wrote in his 2016 Berkshire Hathaway annual shareholder letter.

gamaliel9:
Personal Experience: I started stock investing/trading in Nigerian stocks around December 2016 . I have made more money from dividends than from trading. My dividends from United Capital Plc alone have covered all my gains and losses put together...so i thinks that s works for me. Find your own ooo but sometimes i do follow follow to trade

thesilentone:


This is a flawed argument. If one is interested in buying the index, you might be better off giving your money to the hedge fund manager who will save you the 'stress' of running an account to get the same results. It would be enlightening to the readers if you explained to them how indexes work.

If you don't want to do any research, if you can't be asked to do any due diligence, by all means buy the indexes. You don't even need to read any books, just buy the index and expect the overall market returns. Even WB does not buy the index.

4Play:


Hedge funds won't take money from small investors - this is not a thread that caters to the Dangotes or Otedolas.

The assertion that retail investors - the people on this thread - struggle over the long term when buying individual stocks is so well known that it is odd we are even debating this. No one should be investing in the stock market without being aware of this.

As for Buffett not buying indexes, you seem to miss the point. You buy indexes because you are not Buffett - no one here has his track record no matter how much we congratulate ourselves because of brief successes. By the way, here is Buffet's advice:



https://www.businessinsider.com/personal-finance/warren-buffett-recommends-index-funds-for-most-investors

I worry, knowing Nigerians' penchant for get-rich-quick schemes, that many will see the stock market as a route to riches, like the BetNaija trend, and invest in an aggressive style. We've already seen the chap from Trove attacked by an investor who lost money and it was interesting the comments he made about the investing style of many, I assume his clients.

If we glamourise investing, most people here will suffer in a country where many are not financially buoyant. We have to acknowledge it is tough for retail investors and that the evidence supports this.

My view is that novices should avoid stocks, many experts would even say all retail investors should avoid individual stocks but I recognise that you can become pretty good at investing with good education on it. Arguably, part of acquiring an education is by experience in buying stocks but if you go down this route, think of your investment fund as tuition fees and only do it with money you can afford to lose.

PS: I have already mentioned in my earlier post what indexes an investor can buy. There are a lot more and I am a bit wary of people wanting to be spoonfed with names of what to buy. It's up to each interested person to investigate what index funds would be appropriate and what is available on the platforms they are using.