₦airaland Forum

Investors are worried the Fed will tighten policy to put out an incipient inflationary fire. They should actually be worried about the opposite. As #inflation fears drive rates up and stocks down the Fed will ease policy to suppress rates and support asset prices and spending.

You based in Ibadan, right?

muyico:
location

When it comes to deciding what cryptocurrency to invest in, the choice can be somewhat overwhelming as there are thousands of cryptocurrencies available on the marketplace.
Ada
Ethy
Chainlink
Lite
Tron

Above we have highlighted some of best cryptocurrencies that you can invest in this year.

The golden rule of investment is don’t invest more than 10% of your capital, which can limit your returns, especially on big-name cryptocurrencies like Bitcoin.

What cryptocurrencies are you invested in? & What other cryptocurrency would you add to this list?

When it comes to deciding what cryptocurrency to invest in, the choice can be somewhat overwhelming as there are thousands of cryptocurrencies available on the marketplace.

Ada
Ethy
Chainlink
Lite
Tron

Above we have highlighted some of best cryptocurrencies that you can invest in this year.

The golden rule of investment is don’t invest more than 10% of your capital, which can limit your returns, especially on big-name cryptocurrencies like Bitcoin.

What cryptocurrencies are you invested in? & What other cryptocurrency would you add to this list?
MODIFIED
Thank you for the correction.

When Backtesting you should focus on

- One strategy
- One pair
- One timeframe

Look for your entry (repeatable pattern)
Put in your Stop Loss & Targets

See how it plays out & track the data,

- Entry time/date
- Exit time/date
- Entry price & Exit price
- The outcome

Want to start investing for your future?

If you want financial security, save your money. If you want financial freedom, invest your money.

Before you start investing, you need financial security - an emergency fund of N4,000,000 + 3-6 months of expenses.

While not giving you security for a lifetime, it gives you financial protection for 3-6 months if you lose your job, for example.

Only once you have obtained financial security can you move on to obtaining financial freedom - when your passive income (dividends, capital gains, rental income) exceeds your living expenses.

Security first. Freedom second.

Our book for the month of March is #Rule1 investors

In 'bulls market' everyone becomes a trader. Be careful who you listening too, some of the best advice comes from people who have smaller following than you had think.

The loudest guy in the room are often not the SMARTEST.

INVESTING RULE #1

Don’t EVER invest in something you do not understand

It’s a really good way to LOSE your money

Just b/c people are hyping it up, it does NOT mean it’s a good investment or good for you

Do your research & understand BEFORE putting your money into anything

How many sources of income do you have?

9-5 is your salary from your primary job.

Dividends are a share of profits given to you by companies you own (you need to own shares in a company that offers dividends).

Side Hustle is any other income outside of your main job that you have to work for. It could be reselling sneakers, affiliate marketing, etc.

Capital Gains income is when you sell an asset for more than you paid for it. This could be selling a share that has risen in price since you originally purchased it, for example.

Rental Income is the income that you receive from rental properties. Tenants pay you as a landlord for letting them live in your property.

Which ones are your favorite and why?

Nouman
@Noumanasjad

Market Update!
February was a tough month for markets and the sentiment was a mixed bag, From All-Time-Highs to a shakeup in markets prompted by the rapid run up in Treasury yields. Looking at the bigger picture, following six major areas can help us to understand the overall playing field. Monetary policy I Monetary policy still stays accommodative and strong as evident by Chairman Powell testimony last week. The Fed reaffirmed the central bank’s commitment to maintain the easy-money policies, i.e., holding interest rates near zero and continuing asset purchases until the economy has recovered. Fed major goals remain (i) achieving full pre-pandemic employment levels and (ii) inflation above 2%. We still are a long way from these goals

Fiscal Policy I President Biden’s $1.9tn fiscal stimulus package is on its way to securing the presidential approval. The Relief bill includes $1,400 cheques, jobless aid, and funds for state and local governments. The package would boost economic activity and it is expected that if the plan is enacted, GDP would reach the Congressional Budget Office’s pre-pandemic GDP projection after the third quarter of 2021 and the cumulative real GDP between 2020 and 2023 would end up close to its pre-pandemic projections

The macroeconomic implications of Biden’s $1.9 trillion fiscal package are huge and not to be underestimated.

Inflation & Interest Rates
Fed seems not too much concerned over the potential rise in inflation and is sticking to its promise to keep rates low for a long time and not to tighten the monetary policy given the new flexible inflation framework. The other side however, argues that with the excessive fiscal aid, the positive output gap would likely put upward pressure on inflation reaching a point where the Fed is forced to react (

Chairman Powell however, again reiterated that inflation could be somewhat volatile over the next year and might rise due to a potential burst of spending as the economy strengthens but the Fed does not expect inflation to reach “troubling levels”
Job Growth & Unemployment I Though the unemployment rate has fallen from its 2020 highs, the pace of improvement in the labor market has slowed and the labor market is well below pre-pandemic levels. Chairman Powell has acknowledged that the actual unemployment rate is probably closer to 10% and said that the Fed needs to stay focused on its “broad and inclusive” employment goals. With that being said, Fed remains supportive and committed to do whatever it can to help the labor market

Economic Indicators & Sectors I All of the leading economic indicators have picked up / remain strong mainly due in part to unprecedented fiscal and monetary actions. Disposable Income & Income growth, Spending levels, Housing Index, Personal consumption expenditures,

Business investment, Manufacturing production etc. Even though the majority of the sectors had a “V” shaped economic recovery, the recovery remains uneven especially in leisure and hospitality sectors, or areas that typically require people to gather closely etc.

Overall, the recovery has been quite strong and way better than initially expected.

Rising Bonds Yields I Expectations of strong economic rebound due to unprecedent monetary and fiscal policy has pushed the Bond yields higher, spooking markets

As the market soared when bond yields hit historic lows, equities can conversely suffer strong if yields were to keep on pushing higher - on the assumption that bonds offer more competition to yield-seeking investors. We have seen this in 2013, also called the year of 'taper tantrum'. What happened in 2013? Feds programs were under the microscope as policy makers and the Fed wrestled with when and how to end the controversial QE programs it began in response to the financial crisis
After a lot of back and forth with the Congress and internal discussions, the Fed finally pulled the plug and then Fed Chairman Bernanke unexpectedly revealed that officials were thinking about dialing back their QE programs, provoking severe financial market volatility (16/20)

The lessons of that decision echo today as markets again debate the fate of the massive balance sheet. However, the reason I believe this time is going to be different than the year of 'taper tantrum' is because Chairman Powell has gone out of his way to assure markets that “no such shift is on the near-term horizon” and in-fact, the Fed is willing to do even more if it needs to until the full economic recovery is achieved.

Based on the current economic outlook and the points discussed above, Overall in sum, I think that (the path of the economy continues to depend significantly on the course of the virus and the vaccine rollout. Economy has rebounded strong given the unprecedent monetary and fiscal policy.

Moving forward, as long as the Fed and the Govt. keep its word and continue to push, markets remain in the Bulls territory.

Hello dollydolly,

Thank you for reaching out to us. Apologies for the inconvenience experienced.

For you to get such notification means that you had at one point registered, did not complete the registration and are you are now opening new accounts. Kindly reach out to customer support via the app by chatting them up on the to resolve this.

Thank you for your usual understanding.

dollydolly:
I also have issues verifing my BVN on trove. I get notifications that it has been used on another account

Hello Klab,

Thank you for using my signature to register & also reaching out to me.

I sincerely apologize for the inconvenience experienced.

Please be informed that error message means that you had at one point registered, did not complete the registration. Kindly reach out to customer support via the app by chatting them up on the to resolve this.

Thank you for your usual understanding.

klabi:
trove , I trade with bamboo currently though having issues verifying my bvn on trove

Diamondqueen77:
Location pls

You said you cannot work in Lagos

Happy new month

Happy new month

Dharniel600:
Who be this One? Investing in stock is good decision. Wetin you know self? Weyrey

I think you misunderstood me, it's a good thing to invest in stock, you can use any amount to start with but with most app a minimum deposit is 5k. You can use the link on my signature to register if you choose to use Trove

ukay2:
What is pursuing Mobil out of NSE into NASD OTC ?

Many things

clevybrown:
Wahala for who miss this Toman Airdrop...

If u have ever missed an airdrop, pls don't miss this Toman Airdrop. Click the link below to start accumulating some Toman token now...

https:///tomantokenbot?start=905500578

Wahala for you if you know inform your family and friends.

ojesymsym:
How can someone begrudge another person for investing in stock, a global type of investment allover the world. I found that statement strange. Everyone is even supposed to be happy that banks make profit because once they start running at a loss, it will be the many depositors that will be worse hit when such banks fold up. Many of those depositors will be we poor people that those guys claim to be fighting for.

Are you saying they invested in MBA, one of the guys says he is in Europe, you mean even with such enlightenment? I wonder who is more greedy between the man who wants his money doubled vs the one who invested in a business in the NSE. Strange

A fool will always be a fool.

rentAcock:
I know its a demo account where there's less emotion attached to your trading, however, that's still an impressive ROI even for a demo account. Do you mind sharing your strategy or book or courses that got you started.

Check page 14 of this thread

Dharniel600:
bro how can i invest in this stock? And how much is the minimum amount to invest?

The Nigerian GREED is speaking in you.

Diamondqueen77:
Location please, and where should the DM be sent to?

The DM should be me using the Private mail (PM) Provided by Nairaland.

Click on my profile you will see send a message to

Welcome rentAcock, Reeefe & Dharniel600

Thank you all that contributed. I immensely appreciate your efforts.

As we come to the close of red February may we March into Green month of March

Happy Sunday

House help needed urgently Functions include but not limited to Cooking Washing Cleaning Running of errands FREE Accommodation and Feeding Ability to read and write Kindly send me a DM

Humbleamanda:
Disclaimer, if you have applied already run for your life. The school management is very bad, except if you are ready for human slavery.

Lol! No be you advertise am

House help needed urgently Functions include but not limited to Cooking Washing Cleaning Running of errands FREE Accommodation and Feeding Ability to read and write Kindly send me a DM