₦airaland Forum

😂😂😂😂😂😂😂
Una no go kee me for here oo. Demons?

CSblackpink:
Demons walking among the living. May God protect us.

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

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.

#Truth# Its a personnal experience.
i considered jumping out at one point, but before i fully immersed myself in equity, i had already decided no going back to MMF, so no matter what happens, i already knew i was riding out the market this year. This is my own way of "stronging" my mind.
Come January if all things remain the same, I will be doing my own reshuffling and rebalancing on maybe new things.

Iamblessed8888:
Yes oo. Jumping in and out is free as long as you aren’t loosing money. Even if you losse money sef, its a personal journey

Even fund managers jump in and out of holdings too aka rebalancing

When i withdrew from stanbic, i withdrew to the last kobo.
There is an option to withdraw all funds, i think it is on the web version.

emmaBS:
Did you wait till the following day to initiate another withdrawal? Daily withdrawal limit is 5M.
And you also need to keep some change in there to keep the account active. Either 2k or 5k. I'm not sure about the exact amount.

This might be hard oo, because of the CBN regulation which requires an active phone number to recieve OTPs
You can try to see if you can first register with maybe your NIN, even if that is possible, you will remain on Level/Tier 1 until you complete your KYC.

SeriaBravo:
Hello guys,

Can someone please advise.

Which of these fintech platform allows OTP through email for registration. I don't have access to the phone no I used for BVN registration again. I am not in country.

Market timers😁😁, Osheeey!!!
What if next week, the market decides its not done yet, another jumping out??😂Na joke oo

Iamblessed8888:
Too late. We have jumped back in 😂😂😂😂

I didnt know this about their withdrawal, i wonder if the 100k is a standard amount, or it depends on what you are pulling out
Na we fit no don read terms and conditions.

CSblackpink:
Zrosk is too pricey; when I initiated a withdrawal, 100k was deducted from my withdrawal, and after asking why, I was told some CSCS charges and other blah-blah charges. Anyway, I can't say much because I made tons of money with them.

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.

+1.43 for equity.

Iamblessed8888:
What did CS do tonight?

I never left, Omo i have been inside the train since e crash, collecting the steady hits.

Allboiz:
Lol... If you don't join now, just know you'll sooner or later be chasing a moving train.

Still dont trust the greens,😁
Fit still vanish tomorrow and we continue from where we stopped...

Allboiz:
Green land

I have never paid any attention to the stock market before, all i knew was to collect dividend around May and November them.
Aradel was at #670 as at 1st of January this year, and that stock rose till #2000 plus by May and has now fallen to #1275 and probably still falling.
The market is wonderful. Its just like a very long game, If you are good, you will score, if you looseguard, you are on your own.
I still dey check which is better, trading as an investor for long term or "bargin humters" who buy, hold and sell off..
No be small thing oo, i am still a baby pikin here oo

Bluearrow:
I used to think the Nigeria equity market is different from cryptto, but from what I have seen in this correction so far, there is no major difference o. Aradel is almost down 50% from its high of 2k within a space of how many weeks, imagine if this bear should continue till after election, what will become some of these stock prices.

Cardinal stone just sent me valuation statement for june, a whooping 13% decrease from May.
Them no dey send me before ooo . Its like they really wanted me to see the losses wella. I don see am.
Make them and stock market sha do, balance well this last few months till the end of 2026.
If not, we go still wait for them for front.

I have taken the first step by downloading the Bamboo app, but i have just been looking at the app, and the app has been looking at me too. We will get there someday

CSblackpink:
Good job; you should dive into foreign stocks for diversification. I have some huge Yakubu stocks and ETFs that can do 200-300+ in a year; nevertheless, the Yakubu in the foreign market does not sleep or slumber.

Happy new month everyone......
How has the reddish season been Hope we have all be safe
Patiently waiting for all this them dividend this July, we are diving right back in..
I hope all of them dey pay dividend??
My risk level has greatly increased o, see 'no risk taking' me of January. Its been an experience for me personally.
Lets see how this year pans out, we go higher...

Thank you for always taking your time to give detailed explaination, i am still gathering momentum for self trading.
I put the 60/40 ratio you talked about on gemini with real figures for 20% market downtime, it really did beat equity funds.
Equity portfolio lost 20.62% and my own DIY porfolio lost 3.2%.
I understand the logic though, just not confident in DIY for now. I will ride out Equity for the long run.
I can be very patient as long as life dey, minus external forces, readings and teachings, do you take beginners classes?🫣 or everyone starts with the same scheme of work on the group??🫣

Beeron:
Fund managers don't just invest 100% of investors money into stocks.

How it works is, they have already bought with their own money from days when those stocks are very cheap and undervalued, you are only buying from them (like a secondary market) which is why they allot you some NAV unit after confirming your payment.

They don't make loss like you think, they only record day to day paper loss or gain to know how to allot you your percentage gain or loss for the day to match up with reality of the market. Plus you will pay them fund manager fee on both days you make loss or gain.

Secondly, they don't invest all your money into Equity, they set aside some cash for investors looking to redeem fund and also invest some into fixed income market like old bond with high yield or even MMF but you wouldn't know this.

So the best you can do is take a leaf from their play book, keep 60% of fund in fixed income and use 40% to trade yourself expecially now that the market is about to reset.

And when you begin to trade yourself and you feel you making losses on trades you taking, use the returns from the fixed income to average down, in the end, you will beat inflation, beat equity fund managers returns and beat the market in the long run and also get your dividends straight to your bank account.

Based on this information from sec's website, regarding the rise and fall of each equity's house percentage for the week, i noticed that Cowrywise rose the most with 15%, from the 1st of june to 5th of June, while Zedcrest fell the most by 10%.
Using these 2 houses, can one easily say that they both have totally different opposing stocks in their basket??

And for the house that recorded 0% changes and didnt move at all, e be like say no trading was done on the stocks they invested in, or the kukuma pulled out totally because of the yakubu in the stock market.

My small brain is trying to analyse what stocks Zedcrest them invested in that threw them far, and still crashed them back, and what stocks Cowrywise invested in that made them 15% when every other person was still reading -ve on investments that week.

Omo, to be a fund manager no go be an easy something o, i imagine them leaving their offices and their heads will constantly be on fire, but i know that they are making their money sha...

Its just the timing, someone who started January with Zedcrest has 98% increment on capital.
And as long as Zedcrest Equity doesnt fall down to 20% YTD which is the average a MMFund will mostly do this year, you didnt loose anything.
And thats the mindset i have always had.
You might have entered late, but we still have 6 more months to the end of the year for the YTD to either rise or fall.
MMF might be a better option for you.

Candanyl:
I haven’t even made any gain since I joined Zedcrest and it’s over a month already at least Stanbic still gains n lose plenty sometimes. I don’t think this equity investment is for me . The Yakubu days plenty pass .Smh

😂😂😂
Omo!!!, its a very funny something.

Allboiz:
Emotional rollercoaster don set in

Na now we go know who get mind.

Thank you for this.
I was wanting to take the buying of the dips as it lowers everyday option, so as to own more units at a lower average price, But waiting for the prices to consolidate/balance also looks good, this will help in not buying too early when it could have been gotten at a much lower rate. Still observing...

Beeron:
Good morning everyone.

Here is an update regarding your investment in Equity mutual funds.

Some of you might have been experiencing red days lately — the reason is simple, people are now taking profit en mass, So ASI has reached it's peak for now.


Two things might likely happen starting next week:

1 — Green arrow, means a long consolidation starting next week, basically, it means some days your will see profit and some days loss but not huge profit and the loss days will always cancel profits until ASI finds new support and begin a new rally.


2 — Red arrow, means ASI will just suddenly dip, meaning more red days due to institutional money leaving the market. When that happens, other retail investors will also be trimming their profit making ASI go further down until it finds a new support and begins a new rally.


So now what do you do and why am I writing this?

CSblackpink usually talk about top up during red days, Wise idea— but you have to be strategic about doing it, I see people doing it before now, I knew it was too early to do it, but It's not a bad thing, this is why I didn't say anything about it. Sometimes when you top up too early, that money too will also dip, so you will have to continue to buy the dip as it further dips. Not every one can always afford that.


Now what I recommend is simple — Now that it's profit taking season, Also take your profit and move it to mutual fund investment. After ASI has found support to begin a new rally, then you can withdraw your money from mutual fund and buy the new dip. I will also let you all know then when it's safe to buy but it's usually difficult to know when there is long consolidation going on.

But then again, for investors that can afford to keep buying the dip, please continue, because that's another smart strategy because eventually you will regain your losses when ASI begins a new rally.

In summary, this is time for profit taking, take profit, hold It and buy more units after profit taking season is over.

I am in a rush typing this because I need to go for my early morning jug now, when I come back I will answer any question if you have any.

I am trying to use the DCA method effectively,
Unit numbers also matters in the long run too.
But i underestand Fear of missing out(Fomo)

Gratefulme:
I topped up zedcrest 2 days ago and I'm still gonna top up today. Leaving money on the table while waiting for bear is counterproductive. I got good money from my dividends, all has been reinvested. No time!

Thats why i asked what i asked, the red i can see coming for today eh??

auschris:
Today is setting up 'nicely' to be bloodier than the last 3 days

No wahala, thank you

CSblackpink:
Set your DCA quota to -2% or -4%.

When will the top up time for Zedcrest even come? Everything keeps flying up and it is not coming down.
I dont even know if i should be upset for not buying more units then, be afraid that it is not coming down anytime soon, or impressed that they seem to be doing "exceptionally " well.

Then the ones on red, is it to be topping up every day, abi to chill and top up on an eventful dooms day, because this one don pass red days and doesnt seem to be ending today.

Them no dey even fit time this market sef. Even the DCA method, still gats to balance well.

I topped up on the 29th of April @3.09, which was 1 day before the end of the greens for 1 of the Equity houses, topped up today at 2.95. The red days have been 3 straight days, the unit prices are coming down.
The price will still come down as we go, if the red stays consistent
So the goal is to buy the dips like my brother in crypto will say.
If the fund does +7.0 green tomorrow, the prices are going back up again.

Halal, Ethic and balanced essentially has the same logic, the difference should be what is in their equity basket.
Pick your preference yourself so no other Equity house feels shaded. The YTDs are there for you to follow.

Follow the red.....

DataAnalyst2022:
My people, I want to do some top up. Is it okay to top up my Cowrywise EF, Paramount and CS right now or I should wait a bit more?

Also, i am planning to delve into Halal, Ethic and balanced funds, can someone advise me where I can invest in? Long term investor here.

Thanks guys for your usual support

I don open am😂, No fear, e fit still be correct system glitch oo🫣🫣🫣

Iamblessed8888:
Donot open CS, i repeat donot open CS 😂😂😂😂😂😂😂

From Sec report, YTD as at 24th of April was 61.13.
Yet to see the YTD for week ending of 30th of April

Gratefulme:
Anyone with zrosk, what's the ytd?

Sorry if you feel a shade was thrown and you unknowingly caught the sub, please pardon me. That was not the intention.
We all have different Fund managers, i personally have 4, and we all check and drop figures, both green and red here.

All through march, i made jokes even with all the red i was seeing on my own end. Abi una no see the different shades of red i didnt even know i could discover from Equity??
So why do you feel i am shading anyone here because of the red days

With the way i chuck head inside Equity,1 naira no dey MMF, so if i crash, it will be in colour red!!!

If next month comes and all 4 of my Fund
managers delivers red, i will pack my flamingo red in peace, still come here and make a joke about it.
Dont take it personal please.

Youtodo:
This is not even necessary, You all are doing the same creditalert behaviour which was disgusting. For me even if All other fund are doing 200%, Stanbic is only only fund manager whose fund allaign with my faith, and that is ok. Individual differences and choice. Stanbic Imaan fund return allaign with Paramount.

Are people not suppose to discuss their concern here without unnecessary shading.

keep that in mind!!! Wish you all Peaceful Peace.

Happy workers day to everyone here who has been striving and working their butts off. The hustle will pay off.
Keep pushing and keep topping up your accounts!!!
Money must be made!!!
More green and red days ahead!!!

And Zedcrest true true crossed a 100%.
Na wa ooo!!!

My notable Equity fund colleagues using other fund managers like them Stanbic o,GTB, Zenith them o, Afrivest, and co....
Abeg o, make una no comot from there oo,who will now be giving us updates on their daily performance??
We need to dey compare and contrast, my people.