http://www.bloomberg.com/news/articles/2016-01-18/the-north-dakota-crude-oil-that-s-worth-less-than-nothing

Oil is so plentiful and cheap in the U.S. that at least one buyer says it would need to be paid to take a certain type of low-quality crude.

Flint Hills Resources LLC, the refining arm of billionaire brothers Charles and David Koch’s industrial empire, said it would pay -$0.50 a barrel

Friday for North Dakota Sour, a high-sulfur grade of crude, according to a list price posted on its website. That’s down from $13.50 a barrel a year ago and $47.60 in January 2014.

Godisfaithful:



Bear don turn everyone to Alfa nla (Madam, why Big Ass with Arabic naau)

سوق الخزن

Born2berich:
Na wa o. see wetin bear don do oga Elai soteh e begin to speak in tongues.

@9free, abeg come interprete

ونحن في هذا معا

9free:


ونحن في هذا معا

Sir, indeed, we are all in this situation together

chillykelly86:
Oya, let's cast ourselves - For those in the market, what percentage has your portfolio lost so far?

Yours truely is sitting on a loss of about 18%.

Yours?

Current portfolio loss at 50%... Been holding onto the elephant since January 2015.

Averaging down now! No time for fear

Will continue buying till the bulls return

India Has Doubled Its Crude Oil Purchase From Nigeria


http://www.reuters.com/article/india-oil-imports-idUSKCN0UT1D2



Stanbic IBTC Nigeria PMI Shows Businesses Improved in December


http://www.thisdaylive.com/articles/stanbic-ibtc-nigeria-pmi-shows-businesses-improved-in-december/230595/

6 Bad Investment Habits That Are Draining Your Portfolio


Making smart investment choices is the first step towards building a diversified, balanced portfolio, but investors can undermine their own wealth-building efforts without even realizing it. There are certain patterns that are all too easy to fall into that can be highly detrimental to your returns in the long run. Breaking the cycle begins with knowing which bad habits are most likely to sabotage your investment strategy.

1. Focusing on Short-Term Performance
Investing is a long game and when the goal is building wealth, the number one trait investors need to have is patience. Unfortunately, many investors tend to zero in on a stock or mutual fund's most recent performance rather than looking at its historical track record to determine whether it's a smart bet. The result is that instead of taking the buy and hold approach, which is favored by top investors like Warren Buffett, they find themselves jumping from one security to another in search of the next big thing. In the meantime, they can end up missing out on some decent returns in their quest to find the "perfect" investment.

2. Being a Follower
Birds of a feather tend to flock together, and that's especially evident during times of market upheaval. When stocks begin to slide, this sends investors into a collective panic, and the result is that they end up selling off assets without considering the impact on their portfolio. Following that herd instinct is something that savvy investors don't do because they understand that the market goes through ups and downs. Resisting the urge to let what others are doing drive decision-making is difficult, but it's the key to a sound bottom line.

3. Using an Inappropriate Benchmark
Benchmarking is a popular way to gauge how a particular asset is performing in comparison to a broader measure of the market. For example, the Standard & Poor 500 (S&P 500) is a popular stock index that many investors use as their benchmark. While this tactic is useful for judging the quality of an investment, it can be problematic when the wrong benchmark is being used. When investors choose a benchmark that doesn't reflect the diversification or risk profile of their portfolio, they're going to end up with a skewed comparison that will likely have little value for shaping investment decisions.

4. Playing Favorites
One of the cornerstones of investing is to diversify your holdings. That way, if a stock or mutual fund in your portfolio takes a sudden dip in value, your other assets can help to balance out the loss. A common problem many investors run into is devoting too much money to a particular investment because there's an emotional attachment involved. For example, investing heavily in an employer's stock out of a sense of loyalty can backfire if the company goes under.

5. Overlooking Fees
Fees are a necessary part of investing, but that doesn't mean investors should be paying more than necessary. Skimming over a mutual fund prospectus without checking the expense ratio or trading stocks through a brokerage without adding up the cost of commissions are two of the fastest ways to shrink your investment returns.

6. Failing to Rebalance
Investing isn't a set-it-and-forget-it proposition. From time to time, it's necessary for investors to rebalance to ensure that they have the right mix of assets. Maintaining the same group of stocks, bonds or funds from one year to the next without checking their performance can be a roadblock to achieving the desired level of growth.



The Bottom Line
Eliminating bad investment habits may take time and patience, but it's well worth the effort required. There's nothing to be gained by repeating the same negative patterns, aside from frustration and disappointment. To get the right results, investors must be willing to change up their approach to ensure that they don't fall back on these kinds of asset-shrinking behaviors.


Source:http://www.investopedia.com/articles/investing/010416/6-bad-investment-habits-are-draining-your-portfolio.asp?utm_source=investing-basics&utm_medium=email&utm_campaign=Basics-1/18/16&utm_term=investing-basics

NuttyChoky:


Current portfolio loss at 50%... Been holding onto the elephant since January 2015.

Averaging down now! No time for fear

Will continue buying till the bulls return

Am down 20%, no thanks to FBN and Oando.

Still waiting to sell my interests in banks but not selling at a loss....make e dey rest for there.

I will be buying more gradually.

Mfunkynation:
@ Godisfaithful n others,
pls is Zenith a gud stock to pull in as it bottom out

Sir/Ma, What do you think is going to happen when the company declared 1.35-1.45 (Naira) as dividend when their 2015 audited result is out (Taken this current price into consideration)? To me, Zenith bank looks attractive and as a bargain hunter i have already start to looks the way of Zenith (Remember, i dont have anywhere to run to...lol).


Remember, this is just an assumption, and not a recommendation to buy or sell or any...

pls Godisfaithful and hus, kindly explain the picture below for me. cus can seem to understand it. Thankz

Very soon its the CIRCUiT BREAKER that will be ringing the closing bell.

MARKET CAP will tank below 5Trillion.

ALL SHARE INDEX will sink below 15000 basis point.

OIL price will be struggling at $10.

He that has ears let him hear.

*ThE OcToPuS*

Mfunkynation:
@ Godisfaithful n others,
pls is Zenith a gud stock to pull in as it bottom out

Go and Mark my word time will come Zenith will sell for N5 and with no bid.

Mfunkynation:
pls Godisfaithful and hus, kindly explain the picture below for me. cus can seem to understand it. Thankz

Sir/Ma, are u a common shareholder or preferred shareholder's of ETI? I mean how do you buy your ETI stocks?

Godisfaithful:


Sir/Ma, are u a common shareholder or preferred shareholder's of ETI? I mean how do you buy your ETI stocks?

my stockbrokeer got me oceanic banks shares... when ETI swallow oceanic i now own a small quantity of ETI.... kindly hep n xplain d letter. Thankz

PETERiCHY:


Go and Mark my word time will come Zenith will sell for N5 and with no bid.

wat of GTB.....

Are stocks gone with the prices of oil down. Where are the GTBs, Zeniths, UBAs, Unions, FBNHs, etc

PETERiCHY:


Go and Mark my word time will come Zenith will sell for N5 and with no bid.

when?
next recession or next week,this week

Just ignore peterichy. He loves bear market he makes money by losing money.

chichi234:
Just ignore peterichy. He loves bear market he makes money by losing money.

Make money by losing money I fear o

cold in the morning , warm in the aft , hot at night ..no direction

When u think u know everything and NSE outsmart u and u lost so much money you become Confused and just talk talk talk

Nigerian economy hasn't collapsed BY MR. Rotim Amaechi the minister of transport

lancee:
cold in the morning , warm in the aft , hot at night ..no direction

When u think u know everything and NSE outsmart u and u lost so much money you become Confused and just talk talk talk

I think i will like if he is deactivated.he brings confusion and hardbreaks to innocent shareholders who watches their money dwindling everyday.God have mercy

pls interprete this to him............س غ سش ؤىه خنح ىةؤيس ش ئبثص خ هتن

locodemy:


I think i will like if he is deactivated.he brings confusion and hardbreaks to innocent shareholders who watches their money dwindling everyday.God have mercy

pls interprete this to him............س غ سش ؤىه خنح ىةؤيس ش ئبثص خ هتن

;DThe dude dey everywhereoo.. all the biz forums .. different postings depending on his mood , anytime he remembers how Nse slammed him several times na just to post anything

He is highly connected so they can't deactivate him ..na just to endure

The pigs are getting slaughtered.

GOD, I must make money this year. I Decree life into this market...... ..This year 2016 shall be a year of great testimonies....

for the person above. Maybe He doesn't know that church GO have shares with various Companies. And still yet the bears are in thousands.


There's always an option to JI and JO.

DeRuggedProf:
GOD, I must make money this year. I Decree life into this market...... ..This year 2016 shall be a year of great testimonies....

we are now plenty with the same ambition o.to make the money now go hard since everyone know wetin JI and JO mean.baba God na your hand we dey o.

BUY BUY BUY!!!!!

long term, your grandkids will thank me later

Mfunkynation:
wat of GTB.....

GTB will settle below N8. Bookmark it.

Same way I predicted OANDO will trade @N3.50 some moons ago. Doubting thomases laughed over it.