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Nairaland Forum / Nairaland / General / Investment / Stock Market Tips For Nigerians (823996 Views)
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Re: Stock Market Tips For Nigerians by ololufemi: 5:10pm On Feb 20, 2008 |
@ All, A good way of investing longterm now is to buy this Skye PO offer in about multiple places of 5000 units or 10000 units each and watch your money double in about 6 months time. You only have to be patient but rest of mind is there that your money go bouble. |
Re: Stock Market Tips For Nigerians by windywendy(f): 5:10pm On Feb 20, 2008 |
frankiriri: Anyway you may be right though. But my own be say: hell hath no fury like a mom whose kids' tuition money is about to be diverted to CICO. Na yawa be that o! Me I don talk my own finish. ![]() ![]() @MyPeace, sorry to hear about your loss. Did your sister include her husband's name on the forms as her next of kin? That should make it easier abi? Alternatively, if they have a joint account the husband can wait for the check to be posted and then lodge it in. Another alternative could be to get the broker to pick it up and then collect it from the broker. |
Re: Stock Market Tips For Nigerians by pumping777(m): 5:18pm On Feb 20, 2008 |
nkc: He he. Dat one go depend on the "levels" of your broker and of course the amount of profit you have made. Make it clear sha that you are compensating him/her for helping you make that "profit" and will appreciate it if he/she continues to go out of his/her way to keep the "profit" rolling. My friend gives 1% of his profit. He estimates this about quarterly so it sums up to something reasonable but with a cap of N250K each time. I like the style but I wonder what happens when he makes a loss ![]() ![]() If this is reasonable or not I don't know. It depends on how much profit he manages to make anyway. I don't use percentage. Just bulk dash but very occasional. Every day is not Xmas ke. I prefer to tie my own to good service from my broker coupled with events like birthdays, easter etc so it feels more natural. ![]() Whichever way sha I think it is good to take care of your broker even if na with bottle of Gulder or children's school fees. ![]() ![]() |
Re: Stock Market Tips For Nigerians by pumping777(m): 5:21pm On Feb 20, 2008 |
ololufemi: I second your opinion fully but the double booster shot of vaccination and innoculation wey I don collect against PO's no gree me at all at all. Instead I go buy Skye for floor at most at N20 after TS is lifted and collect 70% in that same one year without any over-subscription palava. ![]() ![]() ![]() |
Re: Stock Market Tips For Nigerians by frankiriri(m): 5:27pm On Feb 20, 2008 |
@ mypeace Accept my condolence. |
Re: Stock Market Tips For Nigerians by windywendy(f): 5:29pm On Feb 20, 2008 |
pumping777: Ah, this one is even worse. You carry pickin school fees go dash give broker say wetin? Make your own pickin dey sit at home dey watch barney and winney the pooh while broker pickin dey bounce go school to learn beta tin abi? chei, just the thought of it is giving me a headache already That one na real state of emergency family meeting go happen one time. ![]() On a serious note though, I think the idea of compensating your broker is a very good one. Nice one there. |
Re: Stock Market Tips For Nigerians by MyPeace(f): 5:29pm On Feb 20, 2008 |
@Sdeck she bought from a bank, thats the problem, else it would have been her brokers headache. @windy yes, she filled the husband's name as next of kin. l resolve he first goes to the registrars to know if they have sent the cheque to her postal address before any further action. thx alot. |
Re: Stock Market Tips For Nigerians by RoughCut(m): 5:31pm On Feb 20, 2008 |
pumping777: Guess who has bought already and still looking ![]() ![]() ![]() ![]() ![]() |
Re: Stock Market Tips For Nigerians by windywendy(f): 5:32pm On Feb 20, 2008 |
MyPeace: Yes, sounds like a good idea. |
Re: Stock Market Tips For Nigerians by nkc(m): 5:33pm On Feb 20, 2008 |
thanks pumping, i will sure do something, its my afroil loot, i want him to enjoy ![]() |
Re: Stock Market Tips For Nigerians by SGN(m): 5:34pm On Feb 20, 2008 |
Treating the broker well, I second that. The amount will vary sha. Depending on the performance (not just portfolio appreciation). |
Re: Stock Market Tips For Nigerians by nkc(m): 5:35pm On Feb 20, 2008 |
thanks windy for commenting ![]() |
Re: Stock Market Tips For Nigerians by nkc(m): 5:37pm On Feb 20, 2008 |
@SGN, thanks kindly elaborate |
Re: Stock Market Tips For Nigerians by RoughCut(m): 5:37pm On Feb 20, 2008 |
windywendy: Life is all about relationships and networking. And that involves saying Thank You sometimes in your own way even though some peeps will argue that your broker is being paid for 'services' rendered i suppose its all about going the 'extra' mile and believe me its well worth it at the end Like elder Napoleon come talk every time wey i enter plane go naija na so so TM Lewin shirts full my luggage o! in addition to the 'dash' wey you don dash already. everybody dey wear TM Lewin shirt for London but the material no dey cheap sha ![]() ![]() ![]() ![]() ![]() ![]() |
Re: Stock Market Tips For Nigerians by windywendy(f): 5:37pm On Feb 20, 2008 |
RoughCut: Oh no! you again ![]() ![]() ![]() ![]() ![]() |
Re: Stock Market Tips For Nigerians by pumping777(m): 5:38pm On Feb 20, 2008 |
RoughCut: @ ![]() |
Re: Stock Market Tips For Nigerians by RoughCut(m): 5:40pm On Feb 20, 2008 |
pumping777: I go soon patent that name! |
Re: Stock Market Tips For Nigerians by frankiriri(m): 5:41pm On Feb 20, 2008 |
I am all for settling your broker. But I wont do it on a percentage basis oh. :oshuo. Dat one go only increase my cost |
Re: Stock Market Tips For Nigerians by RoughCut(m): 5:43pm On Feb 20, 2008 |
windywendy: I started buying before it went on TS though so like someone said every CICO ,RO-RO, GIGO, SISO stock must also pass the long-term test ![]() ![]() ![]() If i begin catalogue all the stocks wey you don 'corner' for this thread i sure say i go need more than one page! |
Re: Stock Market Tips For Nigerians by RoughCut(m): 5:47pm On Feb 20, 2008 |
pumping777: I must pay the £40K for the Said Bus school Oxford MBA before end of the year ![]() ![]() ![]() ![]() ![]() ![]() |
Re: Stock Market Tips For Nigerians by windywendy(f): 5:50pm On Feb 20, 2008 |
RoughCut: Ok, ok, enjoy your skye bank loot! But you suppose carry that 40k pounds sterling go dash your broker for all im hard work na ![]() ![]() ![]() |
Re: Stock Market Tips For Nigerians by SGN(m): 5:55pm On Feb 20, 2008 |
nkc: I mean, if I have a brute broker, it doesn't matter if my portfolio performs (and that will bedown to me because I don't take broker's advise, and since he is what he is), he will only get paid for his job. If he behaves funny, his boss will sort both of us out. My broker, I call him anytime, or at odd time I send text. He respond and we relate quite well. Orders get executed promptly and other associated papereork here and there are sorted out with minimal effort. thats what I am talking about. |
Re: Stock Market Tips For Nigerians by pumping777(m): 5:57pm On Feb 20, 2008 |
windywendy: Yes, that will be a better way to compensate your broker jare ![]() ![]() ![]() |
Re: Stock Market Tips For Nigerians by pinokio(m): 5:59pm On Feb 20, 2008 |
omo c&i leasing don turn blood money oh! afraid don dey catch me. i bought a ticket at bus stop 5N, 9N, and 10.30N. but d speed wey d bus take dey climb gallop don dey gimme heart attack. make i jump down from the bus b4 e crash abi make i buy anoder ticket for the nxt bus stop. elders please let me know |
Re: Stock Market Tips For Nigerians by nkc(m): 5:59pm On Feb 20, 2008 |
@sgn, thanks |
Re: Stock Market Tips For Nigerians by pumping777(m): 6:01pm On Feb 20, 2008 |
SGN: You need to see this relationship from another angle pata pata. What I have bolded above is the brokers' job. He/She must deliver this minimum. However, see my friend when I bin dey talk. Him broker bin get am 750K of Aiico while on TS. The broker no be mugu now. Him fit buy am all for himself. He come go carry give some to my friend and my friend don hammer today at N6.50 ![]() ![]() Na dis one them dey call "beyond the call of duty". Gulder no go work for dis one ![]() ![]() ![]() |
Re: Stock Market Tips For Nigerians by RoughCut(m): 6:03pm On Feb 20, 2008 |
windywendy: That one even worse pass make i carry my son's school fees go do CICO for NSE at least if no gree pay my son's school fees wifey go cough up ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() You have to come up with a better idea on how to say 'thank you' to my broker! |
Re: Stock Market Tips For Nigerians by pumping777(m): 6:05pm On Feb 20, 2008 |
pinokio: Na stubborn fly dey follow corpse enter inside grave o ![]() ![]() ![]() |
Re: Stock Market Tips For Nigerians by SGN(m): 6:06pm On Feb 20, 2008 |
pumping777: I know that is the minimum, but I read several people experience here about their broker that's why I made that comment, to start with. I understand 'beyond the call of duty' You no how e be now. I have been a beneficiary of such myself. Not AIICO sha. You friend don hammer for real ![]() |
Re: Stock Market Tips For Nigerians by RoughCut(m): 6:08pm On Feb 20, 2008 |
pumping777: That is exactly what i meant when i said going the 'extra mile' and you would be surprised it makes the heck a lot of difference |
Re: Stock Market Tips For Nigerians by donne4real(m): 6:11pm On Feb 20, 2008 |
RoughCut: My problem with the Obama-crazes that they have turned this man to something of a mini-god. You hear people crying and shaking when he speaks. But when you really consider what he has said, he hasnt really said anything special. |
Re: Stock Market Tips For Nigerians by RoughCut(m): 6:14pm On Feb 20, 2008 |
donne4real: I will seriously disagree with you on that one. Actually did you listen to the speech? or may be we are talking about two different speeches here! |
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