Stats: 3,189,243 members, 7,936,810 topics. Date: Sunday, 01 September 2024 at 12:32 AM |
Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11453068 Views)
Nigerian Stocks To Buy - 2024 Best Performing Stocks / Free Stock Market Pick Alert For All Investors Globally!!! / Dangote Resumes As President Of Nigerian Stock Exchange (2) (3) (4)
(1) (2) (3) ... (4701) (4702) (4703) (4704) (4705) (4706) (4707) ... (8094) (Reply) (Go Down)
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:55pm On Jul 15, 2019 |
Recommend an online broker please Can you be my mentor ? ![]() From what I've read, the trick is to buy low and sell high Is it compulsory I sell? Do I have to pay the broker ![]() Can't I get interest from the shares? Or should I just keep my money in fixed deposit? OakPearl: |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 5:33pm On Jul 15, 2019 |
Vibra: Since you are new, go register with either meristem, united securities or morgan or any other one Use half of your money to buy zenith bank Wait till Sept or November end or anytime you see it at 15, use the other half to buy the same zenith bank Process your e-dividend mandate and be collecting what we call dividend (the one you are calling interest) Continue to follow this thread After 2 years, you can try some other things 7 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 7:13pm On Jul 15, 2019 |
Agbalowomeri: Finito no stories again |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 7:31pm On Jul 15, 2019 |
I just remember fxuser today. I just hope he is OK. 1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by All4real2: 10:54pm On Jul 15, 2019 |
Agbalowomeri: |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:31am On Jul 16, 2019 |
WHY PROS CAN'T BEAT THE MARKET, BUT YOU CAN https://chrisreining.com/pros/ Why Pros Can’t Beat the Market, but You Can “Fund managers are under pressure to be predictable by showing low tracking error, which essentially means funds have to try to beat their benchmarks while tracking their benchmarks closely. Does that remotely make sense?” To say that another way, fund managers become “closet indexers.” For instance, if they say their benchmark is the S&P 500 they need to assemble a portfolio of stocks that closely resembles the S&P 500 because if their fund underperforms its benchmark investors pull their money out. And that’s the game fund managers are playing, to attract and keep the most money, because fees are percentage based. The fund with $10 billion under management rakes in more than the $3 billion one. But here’s what took me years to realize: saying that professional money managers can’t beat the market has absolutely nothing to do with what you can or can’t do. Please, read that again. Here’s why small-time investors like you and me have an enormous advantage over any professional. 1. You’re a speedboat, they’re a battleship. You’re investing small amounts of money, not many hundreds of millions or billions. What do you think happens when a fund manager finds an underpriced stock and starts buying millions worth? It causes the price to go up, and there goes the advantage. 2. No one’s looking over your shoulder. Fund managers have bosses breathing down their neck, making sure they’re tracking their benchmark, to prevent withdrawals. It’s the old, “Nobody ever got fired for investing in IBM Apple” syndrome. It’s very hard to get market-beating results when you’re forced to invest conventionally. 3. You didn’t study investing. The smart people with MBAs who study modern portfolio theory and understand those squiggly lines on technical charts have been conditioned to believe investing can be broken down into some science like engineering or physics, so neat and tidy. Nope, it can’t. Markets involve messy people. While anyone can pick stocks, trying to beat the market, that doesn’t mean everyone should. Stocks take a certain skill set I’ve outlined before, and it helps to have help, which is why I use Motley Fool Stock Advisor. Speaking of them, there’s no question their stock picking method beats the market, because they’re picking better than average stocks. From their website, as of today: 5 year return: up 60%, S&P 500 up 37% 17 year return: up 382%, S&P 500 up 91% Over the past five years they’ve beaten the market by 23%, and so if you’re interested in picking stocks it might be as simple as buying and holding their latest recommendations for years to come. Sure, you’ll get some picks wrong, and that’s okay. The idea is your winners will more than make up for the losers, and I know because I’ve picked some duds but my returns still beat the market. This is similar to how Jeff Bezos thinks: “We’ve made doozies like the Fire phone and many other things that just didn’t work out. We don’t have enough time to list all of our failed experiments, but the big winners pay for thousands of failed experiments.” Anyways, one of the most phenomenal small-time investors I know is Saul Rosenthal. He’s been compounding money at 30% or so for 30-some years, but also works harder at it than anyone. He currently owns nine stocks, only his very best ideas, and always thinks deeply about them, trying to find his blind spots. You might think having your life savings in nine stocks is nuts, but I’ve learned it’s better to have a small portfolio where you know a lot about a few companies than some gigantic portfolio where you know little about lots. I’ve trimmed my portfolio to 15 stocks and that index fund. It feels good. Of course, running a concentrated portfolio like that takes more work. (When all your eggs are in one basket you watch that basket.) But if you find the work enjoyable, like it’s a game for you, the results can be life changing. Does all this make sense? I bet you’ll always hear things like, “If professional money managers can’t beat the market, with their huge budgets and computing resources, then neither can you.” Again, just because they can’t beat the market has absolutely nothing to do with what you can or can’t do. Value investor Mohnish Pabrai said it best: “Investing is a peculiar business. The larger one gets, the worse one is likely to do. So this is a field where the individual investor has a huge legup on the professionals and large investors.” It’s a mathematical fact some people picking stocks, trading in and out based on headlines or feelings, will do worse than the market. This is because investing is a zero sum game. In order to earn more than the market you need to take money from someone else, and many small-time investors do just that. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 1:38am On Jul 16, 2019 |
Jejebabaa: No one is praying for that. But it is inevitable as things stand now, it is a matter of time. This government is automatically confused and derailed... |
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 1:45am On Jul 16, 2019 |
Jejebabaa: ...And don't forget this same $$$ to Naira were exchange for almost 600 Naira to $1 before CBN try and error fix. The issue of devaluation has been a cray ride-sharing but in all, the masses lost the most. May God help us sha... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 1:49am On Jul 16, 2019 |
tritritri: It is not a good experience...but we are still the same spot. As long as we keep importing everything, foreign exchange transactions will keep heating us hard... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 4:06am On Jul 16, 2019 |
Stocks Shed N110bn as Investors Await Buhari’s Team https://businesspost.ng/2019/07/16/stocks-shed-n110bn-as-investors-await-buharis-team/ Onyema Tasks Newly Inducted 46 Stockbrokers on Integrity https://businesspost.ng/2019/07/16/onyema-tasks-newly-inducted-46-stockbrokers-on-integrity/ |
Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 6:54am On Jul 16, 2019 |
Godlylifeoneart: Wow,what a lovely write up |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 8:52am On Jul 16, 2019 |
RabbiDoracle: Devaluation will affect everyone holding naira assets negatively. With devaluation, stocks will definitely get cheaper and one can easily get double units of shares one would have gotten pre devaluation. And for those with dollar assets,it is a doube gain, as they will have more money in naira to now pick stocks at a very low price. Bottom line, we should all endeavor to diversify our assets base to take advantage of emerging scenarios. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:29am On Jul 16, 2019 |
pluto09: So if you are holding N1b of stock and on announcement of devaluation, you sell off your N1b stock and buy USD? How do you want to change N1b into USD? Via black market? And you will get alert of USD credit in a Nigerian bank? ![]() Devaluation will make stock cheaper in USD terms. It means that those with USD will can buy more units and this will even cause a strong price rally because more money is chasing the stocks. But I doubt if people will just offload because of news of devaluation. Some may due to small fund they use on trading but those with tens of billions will stay put and when they have more money, they buy if prices have not started skyrocketing. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by seyisanya(m): 9:39am On Jul 16, 2019 |
This looks simple but it is such a comprehensive response, thanks for sharing. Please, I have an account with Morgan for over a year now but I am finally ready to start investing in stocks as I just met my target of mutual funds investment. Now I am the type that would love to go long-term with stocks investment so I'm looking at stocks that pay regular dividend. Aside Zenith bank, any other organization(s) you can recommend? How do I go about my first investment using morgan's platform? How do I process my e-dividend mandate? Many thanks as I look forward to your response. Agbalowomeri: |
Re: Nigerian Stock Exchange Market Pick Alerts by Jejebabaa: 9:43am On Jul 16, 2019 |
Mpeace: Baba is OK, chopping cryptos money. |
Re: Nigerian Stock Exchange Market Pick Alerts by yok: 9:59am On Jul 16, 2019 |
DAILY STOCK MARKET GUIDE FOR 16 JULY 2019 MSCI still quiet in the market, no action. A caveat for us is that we do not take decision solely on fundamentals or technicals, the two are taken into consideration to arrive at a good decision. Our biggest losses are going to arise if we rely on fundamentals only as we may end up buying too early, when the momentum from the technical side does not support our decision. Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget
|
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 10:01am On Jul 16, 2019 |
RabbiDoracle: No sir, you don't sell when devaluation has set in. The best is not to be heavily invested in stocks at the point of devaluation and that is why people will continue to run away from stocks when they suspect devaluation might happen. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Beke2020: 10:14am On Jul 16, 2019 |
Good morning house, Pls is it advisable to still buy stock now with the market situation or wait? I wanted to average on UBA God bless you all 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:18am On Jul 16, 2019 |
pluto09: And the devaluation isn't coming. There are pointers one will need to look at to see that devaluation is imminent. The black market isn't even depreciating so fast unlike what we saw in 2015 - 2016 and oil price is still steady at 60+. So what pointer are you looking at to say devaluation is coming? 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 10:38am On Jul 16, 2019 |
Vibra: Enjoy your journey as you take good advantage of the best councel from gurus on this platform. Best wishes. Keep winning. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 10:43am On Jul 16, 2019 |
RabbiDoracle: I agree there are no pointers to suggest that devaluation is coming now. My argument is all about supporting the point why we should fear devaluation. For pointer to devaluation, I look at oil price, if oil price is falling, devaluation will not be far away. Having said this, I am not comfortable with the current market situation. Is like its only the banks that are making more profit. If oil price is relatively stable and the economy/ stock market is like this, what do you think will happen if oil price should fall and the economy gets worse. |
Re: Nigerian Stock Exchange Market Pick Alerts by Bomboclad: 10:48am On Jul 16, 2019 |
Whats happening to Access, any results out; 5% is a lot for 1 morning!? |
Re: Nigerian Stock Exchange Market Pick Alerts by BMZK: 11:01am On Jul 16, 2019 |
Bomboclad: What about First bank ? |
Re: Nigerian Stock Exchange Market Pick Alerts by Bomboclad: 11:04am On Jul 16, 2019 |
BMZK: Almost all Bank stock though different magnitudes. Well, we await 2Q result anyways. |
Re: Nigerian Stock Exchange Market Pick Alerts by Jejebabaa: 11:22am On Jul 16, 2019 |
Bomboclad: Is this new to you here boss. Its always the usual way. The day FCMB released their fantastic Q3 result, people panicked on FCMB and it hits its 52 weeks low on that day, it traded as low as 1.32 losing 10% on that single day. When the result was released at market close, it rallies like no other the next trading day, thats what we call the madness of men in the stock market. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by needful: 11:53am On Jul 16, 2019 |
seyisanya: If I were you, I will wait and observe the market a little bit. Things aren't moving fine. Wait till november and see how the market will be doing. Some stocks like uba, zenith, gtb, fidelity etc are expected to fall more. So wait my dear to avoid story that touches the heart. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:58am On Jul 16, 2019 |
@ Jejebaba you don’t know the IBTC dollar fund interest rate or you just choose to ignore my question ? ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:58am On Jul 16, 2019 |
needful: Best advice.. Wait wait wait till October/November 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Jejebabaa: 12:06pm On Jul 16, 2019 |
Yayira: Apologies madam. It varies but i can give you the contact of the lady in charge to inquire about the prevailing rates at the moment. I am scared to give you a rate that has changed. |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 12:07pm On Jul 16, 2019 |
Yayira: Jejebaba no dey quarrel so carry ya quarrel come meet me for house ![]() ![]() ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 12:08pm On Jul 16, 2019 |
Blood on the dance floor Getting nearer to my bus stop |
(1) (2) (3) ... (4701) (4702) (4703) (4704) (4705) (4706) (4707) ... (8094) (Reply)
Viewing this topic: 8 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 84 |