emmanuelewumi:



Every growth has an expiry date,. Keeping cash is also a strategy that is determined by circumstantial market variables

Most of the investors who have been investing for the past 20 years and also experienced the bull run of 2004 to 2007, if they have kept 25% of their financial assets in cash and money market funds during the bull, I am sure they would have retired by now.

Locotrader:
See Aiico and cornerstone at full bid.

Point & kill

KarlTom:
It should not be a 'bad idea' to rely on our gen-z children.

However, the challenges of old age has only been refined across generations

A Yoruba saying that the bush rat sucks its child's breast at old age rings loud...

God help us

Sunrisepebble:
This is the day that the lord has made. Today is another day for Aradel, you miss it today and it trades 7k tomorrow. A word is enough for the wise

Sunrisepebble:
Aradel bid again. #6,820

emmanuelewumi:



Dividend yield is nothing without dividend growth.

70k dividend of Zenith bank grew to N4. 00 over the years.

The old man looks at the growth rate of the US economy, expected growth from the various sectors, expected growth rate of the global economy,GDP versus stock market capitalization etc.

Making it good, managing it is better, multiplying and keeping it is the best and most difficult. Knowing when to have cash is one of the reasons for keeping it for decades.

By the way the cash position is still roughly 30% of fund market value

emmanuelewumi:


I know a lot 30 years plus who are still getting financial aids from home, I know a lot of 60 years plus who are paying the school fees of their grandchildren, because they want their children to have enough free cash flow to invest and build houses.

Our prayers is that we should be a source of blessing to our children and grandchildren.

Some people who grew up in Lagos will tell you that their parents had it easier than them.

Sunrisepebble:
Please, Mr Loco, is Chams for everybody today

KarlTom:
Wahala Pro MAx.

Capitas7:


I do agree that conservation of capital is great practice. But he did not stay on Forbe's list by sitting on cash pile for these years. And you do remind us about the importance of consistency in investing too. His growth stocks have a record of return way more than that annually. With a return of 300+% from Apple since their first purchase in 2016, growing a total invested of 36billion to about 150+billion in 8 years, 5% is only an option when nothing else makes sense in the market.

megawealth01:




Every wise investor knows when to sell off anyways no matter how long they hold

Capitas7:


He has stated before that Coca cola was no longer a "profitable" investment, but he has chosen not to sell because it would cause "chaos" because of the number of shares he owns directly/indirectly. Selling off 80-100% of one's holdings as a strategy is only easy when your capital is relatively negligible. At several billions and double digits percentage holdings of a company, even cross deals will be easily noticed.

We see these things when there fight for power in some of our companies here in NGX. His preaching have always been to buy the lows of undervalued stocks to increase holdings, not to sell off and come back when the coast is safer.

megawealth01:
PRESTIGE has presented another opportunity for those that can seize it at 0.57...

Don't waste time on things like this...

PRESTIGE is a goal if you know you know

Ades1:



Rest of mind makes a lot of sense too, For years the, yield on cash was 0%, hence the need to take some risk. 5-6% yield today will definitely make you rethink.

At the end of the day, nobody knows tomorrow or what could happen, not even Buffet. Having cash on the side which brings in about 1/4 of Berkshire’s annual profit is not bad at all.

designking:
Full Bid everywhere today:

1. Oando full bid
2. Eterna full bid
3. AIICO full bid

MARKETJJC:


Prestige will not move until certain people are ready. Have checked the offer table? I have studied that stock price for a very while, 0.6+ is the highest for now. Just clear those offers and move it to 0.6+ then you will see mother and father of offers in 10, 10, 5, 5 millions.

megawealth01:
Compare VERITAS and PRESTIGE...

The chances of PRESTIGE getting to meet up with VERITAS is high...

Over to Mr Time

MARKETJJC:


As long as Oando moves forward, ETERNA will tag along. If you miss Oando enter ETERNA

Ades1:



Rest of mind makes a lot of sense too, For years the, yield on cash was 0%, hence the need to take some risk. 5-6% yield today will definitely make you rethink.

At the end of the day, nobody knows tomorrow or what could happen, not even Buffet. Having cash on the side which brings in about 1/4 of Berkshire’s annual profit is not bad at all.

cocolacec:
Over 500 million units sold on Conhall Plc,any news about this company? Someone bought 95 million units.

emmanuelewumi:



I know a lot 30 years plus who are still getting financial aids from home, I know a lot of 60 years plus who are paying the school fees of their grandchildren, because they want their children to have enough free cash flow to invest and build houses.
Our prayers is that we should be a source of blessing to our children and grandchildren.
Some people who grew up in Lagos will tell you that their parents had it easier than them.

MARKETJJC:


As long as Oando moves forward, ETERNA will tag along. If you miss Oando enter ETERNA

Raider76:


I seems Morgan iTrade bid/offer table for some reason only shows bids at the highest bid price of 69.95 for Oando. This gives the impression that Oando is on a full perfect bid with nobody looking to buy it lower. I just placed a bid at 69.00. The bid was accepted but not shown on the table. I expect that if all bids are at 69.95 then my only bid of 69.00 should have been listed below those bids. Does this mean anything?

Raider76:
I seems Morgan iTrade bid/offer table for some reason only shows bids at the highest bid price of 69.95 for Oando. This gives the impression that Oando is on a full perfect bid with nobody looking to buy it lower. I just placed a bid at 69.00. The bid was accepted but not shown on the table. I expect that if all bids are at 69.95 then my only bid of 69.00 should have been listed below those bids. Does this mean anything?

megawealth01:


Have you tantilized out?

yMcy56:

More like it...
The bids you can see at highest price of 69.95 are far more than what Morgan is displaying possibly.
Morgan only showing first 100 Orders......and if you noticed, the few bids that are selling on the floor did not alter the number at all.......the queue long.....
Some of the few ones we can see as sales are even more of cross deals.

Those shouting gamble gamble no gree sell again.
Our Oga that said 'e don cast" self don hold tight to his stakes. Lol

It is well.