Mpeace:
I doubt if next year's election will bring much bears. The election will most likely be an all aboki affair with very little tension(mostly in the north). If it is the fear of having a bad leader from the election, I doubt that too. No leader can be worse than the one we have now.

ihedioramma:
You are wrong sir . Nigeria will not have bad leader as befor not Buhari, his trying forget .

tritritri:



Aberg type vernacular if u no sabi grammar , Or else continue typing ur OANDO dey go.

Coolcash1:


I laugh when you say Generational wealth creation... Not in Nigeria where profitable company today SUDDENLY turns to a struggling one over night and at the end cease to exist with people's money (long term investors.. ) going down the drain...

The best approach considering the high country risk and terrible self aggrandizement of most Nigerian CEOs who feast on innocent shareholders fund, you limit your long term to between six months to one year subject to evaluation on periodic basis. This is the best way to protect one's investment. For instance, look at the share reconstruction plan of CI leasing and now imagine someone who had invested substantial part of his money in the company with the intent of growing his "wealth"and wakes up to hear about this news... That his investment is going to be slashed. Trust me, Yaba left (psychiatric hospital) will be his new home...

For me, i am a trader and medium term player...This way i can at least have rest of mind and save myself from those cowboy CEOs...

wanaj0:
You dont grow wealth by investing in companies like C&I Leasing!

wanaj0:
You dont grow wealth by investing in companies like C&I Leasing!

Mpeace:
I doubt if next year's election will bring much bears. The election will most likely be an all aboki affair with very little tension(mostly in the north). If it is the fear of having a bad leader from the election, I doubt that too. No leader can be worse than the one we have now.

OakPearl:
The vibes in NSEMPA forum in this bear mkt sounds very matured.
Evidence of members' increasing experience.
Newbies, pls always know that there are 2 distinct categories of investors here:
1). Investors - (Long term)
2). Traders - ( Short term)
Know what you want, and invest accordingly.
If you see d mkt as a gamble, it will forever manifest accordingly.
See it as an avenue for generational wealth creation, and it shall be so for you.
Traders bank their profits and hold their capital, pending when suitable to re-enter d mkt.
Investors stay put, looking to continuosly average-down on their existing holdings or enter irresistibly low priced value stocks.
You could be any or both of these 2 categories per time.
We hv seen elections come and go, stock market crashes of all sorts, but the mkt lives on, making the knowledgeable players richer.
As for me, after my first stock mkt investment in 1998 (when Nestlé was around N9 or so per share!) till date, I can affirm that knowledge is the key to how well you do in the mkt.
N/B : [N100k invested in Nestlé then is worth N13m now]!
You see, the most ferocious bear couldn't stop a sound stock pick like that.
Do not be bullied into a panic buy or sell.
See my signature...Warren Buffett said that.

daddymgg:
Thinking of selling my DF with small profit becos of the recent price reductions, dnt no if they can even get to 12 next year oohhhhh help house about ur opinion.

daddymgg:
Thinking of selling my DF with small profit becos of the recent price reductions, dnt no if they can even get to 12 next year oohhhhh help house about ur opinion.

mendes911:


How much was Oceanic Bank, Intercontinental, First Bank, UBA in 1998 and how much are they worth now?

wanaj0:
You dont grow wealth by investing in companies like C&I Leasing!

nio68:


You only need a "Bunmi Oni" to be in charge of Nestle ... the rest would be history.....

sellydion:


Tell them: As poor as FBN was in the previous years, I have collected dividend close to N1m. That is when the going was very bad. Asumming I reinvested them at low price in same FBN, imaging more dividend and value created in additional units purchased when the going gets good.
Wealth is made in the long terms in valuable stocks whose fundamentals remains a toast of the market. Obviously attention is put on stability of the fundamental.

OakPearl:


That may be too harsh on the firm though.
I didnt lift a finger wen the tip was given.
But short termers made their profit which is good for them.
However, there is much more to picking long term performers.

wanaj0:
You dont grow wealth by investing in companies like C&I Leasing!

ihedioramma:
Are my bear's ? OANDO, OANDO OANDOOOOOOOOOOOOOOOOOOOOOOOO

jamace:
FO FO FO. The manipulation in this stock no get part 2.

Its like FO wants to enter again MSCI frontier indices rating by fire by force.

Anyway, let me sit jejely in FO bus to kilometer 100.

NB: Don't follow me o. I no know book o.

OakPearl:


My brother, I invested in Savannah bank in 1998. That was about the time Jim Nwobodo was Chairman of the board if am not mistaken. It is no better than those you have listed. But I had sold with profit before it went under.
No one can play the market without bad calls.
What a knowledgeable investor should do is have a balanced, well diversified portfolio.

The question is how much knowledge did people who invested in those perenially bad companies possess before investing in them?
I remember how the herd mentality ruled the market that led to the 2007/2008 crash.
Every bank was running to the market for public offers. Majority of people who lost money had no idea what they were doing really.
That is why even if you are a long term investor, it's important to keep acquiring knowledge and keep monitoring your investment as Coolcash1 correctly pointed out in his mention.
Without the requisite knowledge, someone still will not know what to do in his or her attempt to safeguard their investment.
Another look at the timeless words of the "wizard of Omaha" on my signature should do bro.ne love [In Pa Ihedioramma's voice]

locodemy:
THERE WILL ALWAYS BE OPPORTUNITY OF MAKING MONEY IN THE STOCK MARKET TILL CHRIST COMES......

what does this mean to me?
To me,It means sell all your stocks and hold your money at hand.
Release the money when opportunity is sighted.
sell immediately you see profit and preserve your money for another opportunity.
cash is always the king.
one can trade twice or trice in a year with bountiful gain while another who toils day and night in the stock market may not have anything to show for his hard labour because the market has erased all the profit just like what is currently happening to me in the stock market.

I am not discouraging anyone.Go for the investments that suits your plan.For me,CASH IS KING.I REGRET THE PERIOD I HAVE SPENT AS A LONG TERMER.

My bros who sold his cileasing shares some days ago with bumper profit and stays off the market now will later come back with his loot and pick stocks like Transcorp,Fbn or eterna oil and still make another profit before those who are those buses now.

THIS IS MY CONCLUSION.

Investnow2017:


What do u want to do with the money? You want to try hand in DEAPCAP, OANDO, NIWICABLE, DUNLOP, RT BRISCOE, ABC TRANSPORT? I am just curious why anyone would want to sell a vibrant upcoming stock like DF with amazing potentials.

PETERiCHY:
Safety Tips for those that think they are being followed from village where as no villager is following you.

Whenever you want to place a trade with that your hard earned money always have it at the back of your mind that 75% of the time the market will go South. 15% of the time it stays Neutral and ONLY 10% of the time it goes North.

That's why the BEARS will always carry the day while SMART investors make the best out of the situation. So let's think extensively, Plan Meticulously &
Invest wisely.

*ThE OcToPuS*

PETERiCHY:
Safety Tips for those that think they are being followed from village where as no villager is following you.

Whenever you want to place a trade with that your hard earned money always have it at the back of your mind that 75% of the time the market will go South. 15% of the time it stays Neutral and ONLY 10% of the time it goes North.

That's why the BEARS will always carry the day while SMART investors make the best out of the situation. So let's think extensively, Plan Meticulously &
Invest wisely.

*ThE OcToPuS*