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Nairaland Forum / Nairaland / General / Investment / Us Stocks Pick Alert (663292 Views)
MTN Shares Pick Alert / My Stock Plays in US Stocks Market / Buying US Stocks From Nigeria (2) (3) (4)
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Re: Us Stocks Pick Alert by ChybuzzDD(m): 6:59am On Dec 24, 2020 |
yom2: 80% of the stocks missing?? Or you mean 80% of penny stocks? Passfolio has the same list of stocks as Trove, with penny stocks not as plentiful as in T212. Be careful with penny stocks oo. There are so many mid-cap stocks that can give us mad returns, and these Nigerian apps and Passfolio have them. 3 Likes |
Re: Us Stocks Pick Alert by Ayomarcel(m): 7:54am On Dec 24, 2020 |
bigrovar: Sorry to disturb you. So Trove is the way forward? 1 Like |
Re: Us Stocks Pick Alert by bigrovar(m): 8:57am On Dec 24, 2020 |
Ayomarcel:I don't use trove but on paper they seem to have the cheapest trade commission of 1% compared to bamboo which is at 1.5% (for portfolio below 10k dollars) someone somewhere complained about their older charges but I can not varify. I use passfolio because of their 0 trade commission and because compared to the Nigerian based services like bamboo and trove.. They are actually a registered broker in the US and are member of FINRA SIPC. They also use drivewealth which means they have same stocks as to have and bamboo. Do your own investigation and figure out what works for you. 3 Likes |
Re: Us Stocks Pick Alert by OvaSabi1(f): 9:10am On Dec 24, 2020 |
bigrovar: What do I need to register with them? Passport? Bank statement? BVN? 1 Like |
Re: Us Stocks Pick Alert by OvaSabi1(f): 10:05am On Dec 24, 2020 |
European markets tend to underperform their North American colleagues due to their lack of FAAN(M)G heavy stocks. I searched for industrial revolution and green energy ETFs that were TSLA heavy but couldn't find much. I have seen told that I can create a pie by myself on trading 212 but I don't have the time and expertise to consistently and effectively rebalance my holdings. Is passfolio a better alternative then? 3 Likes |
Re: Us Stocks Pick Alert by gbosah91(m): 10:31am On Dec 24, 2020 |
I don't really understand this Etf, I have read about it, but it seems not to sink. I'm still a newbie in stock, with a strong knowledge in crypto. Please baba here can explain it to me in layman. Ps: I know Etf is like a basket with many stock or bond. 1 Like |
Re: Us Stocks Pick Alert by InaNla(f): 11:13am On Dec 24, 2020 |
OvaSabi1: Madam, longest time. Compliments. 1 Like |
Re: Us Stocks Pick Alert by OvaSabi1(f): 11:21am On Dec 24, 2020 |
InaNla: Compliments of the season and happy new year in advance ma'am 2 Likes |
Re: Us Stocks Pick Alert by afroxyz: 11:32am On Dec 24, 2020 |
OvaSabi1:European stocks usually trade wiyhin a tight range not due to the comoany put their approach to investing which is usually mkre conservatuve and discplines unlike the US where extreme capitalism is pushing everyone to greed. 3 Likes |
Re: Us Stocks Pick Alert by afroxyz: 11:33am On Dec 24, 2020 |
OvaSabi1:European stocks usually trade within a tight range not due to the comoany put their approach to investing which is usually more conservative and discplined unlike the US where extreme capitalism is pushing everyone to greed. 3 Likes |
Re: Us Stocks Pick Alert by OvaSabi1(f): 11:33am On Dec 24, 2020 |
gbosah91: An ETF basically helps to diversify risks and take advantage of growth prospects in a particular sector of the stock market. So you have various companies like Vanguard, Ark, Fidelity, Invesco, ishares, etc that will buy a percentage of stocks in let's say tech sector or consumer goods or energy companies or marijuana companies or green energy or pharmaceutical companies. Etc. Do you get the picture now? These people are called fund managers. They have analysts that have taken their time to look into these companies in detail and with more expertise. They do this over decades and compare with other sectors, they go through every atom of the companies' business. So you only have to search for top performing ETFs. Or if you have recently heard that Biden is about to invest in green energy companies, you will search for ETFs invested in green energy. If you hear that marijuana is legalised federally and passed by Congress, you will search for MJ ETFs. This is better than buying just one marijuana single stock like Aurora Cannabis. AC maybe involved in some kind of fraudulent scheme or something can suddenly disrupt it's supply chain. Or key management may be problematic. The next day, the whole of your portfolio is down. But if it was an ETF, you may not even notice this. With an ETF, you don't need to subscribe to so much financial market news or keep logging in and out of your social media apps or waiting for earnings call, or stop loss orders. If your portfolio is down, the whole market is likely down, so it will give you some form of comfort. 8 Likes 1 Share |
Re: Us Stocks Pick Alert by OvaSabi1(f): 11:40am On Dec 24, 2020 |
By the way, you can make a decent gain with ETFs. ARKK for example has returned 148% this year alone. If you had invested $1000 around April, you'd have about $2500 by now. 7 Likes 1 Share |
Re: Us Stocks Pick Alert by OvaSabi1(f): 11:43am On Dec 24, 2020 |
Another good ETF is ARKG that invests in companies using gene editing techniques to cure serious diseases. The fund manager Cathie Woods has been talking about this for many years now. This year, the women who spearheaded gene therapy won Nobel Prizes. You now understand that these guys do a lot of research before diving into any company. 7 Likes 2 Shares |
Re: Us Stocks Pick Alert by gbosah91(m): 12:01pm On Dec 24, 2020 |
Thanks for the clarification, I think I understand it now, that means etf is not good for day trading, because the profits margin is not that high. So if I buy one etf let say I buy ishares, it means I'm buying all the shares in the ishares? OvaSabi1: 2 Likes |
Re: Us Stocks Pick Alert by Penboy: 12:50pm On Dec 24, 2020 |
Alibaba oh.. What's making the stock tank nau? 1 Like |
Re: Us Stocks Pick Alert by Penboy: 12:53pm On Dec 24, 2020 |
ChybuzzDD: I have issues with the funding.. They should allow debit cards 1 Like |
Re: Us Stocks Pick Alert by stokfrick: 12:59pm On Dec 24, 2020 |
Have any other person experienced the hanging or slowness using the passfolio app? 1 Like |
Re: Us Stocks Pick Alert by OvaSabi1(f): 1:26pm On Dec 24, 2020 |
gbosah91: Yes, I think the highest gain I have made on one single ETF was around 4%. That must have been an MJ ETF that I sold after I made a decent 18% return per month. And after indications that Congress may fail to pass to law to federally legalize cannabis. If you are a day trader, you will be left frustrated with the daily 0.5% gain. You cannot make much from day trading ETFs. 1 Like 1 Share |
Re: Us Stocks Pick Alert by OvaSabi1(f): 1:28pm On Dec 24, 2020 |
Penboy: Anti trust probe. 1 Like |
Re: Us Stocks Pick Alert by OakPearl(m): 1:44pm On Dec 24, 2020 |
Predstan: No please. Day traders stock picks are usually for buying and selling hopefully at a profit during the day. They are hardly stocks to hold beyond the day except for a tiny little few that continue their run the next day. 1 Like |
Re: Us Stocks Pick Alert by bigrovar(m): 2:01pm On Dec 24, 2020 |
OvaSabi1:non of that. You need just your BVN. 2 Likes |
Re: Us Stocks Pick Alert by OakPearl(m): 2:05pm On Dec 24, 2020 |
Penboy: $BABA is a target of newly launched antitrust investigation by the Chinese government. Their shares already tanked in the stock exchange in China. Other US listed Chinese stocks will suffer the ripple effect. JD, BIDU and PDD will feel the heat when the US market opens today. 1 Like 1 Share |
Re: Us Stocks Pick Alert by OvaSabi1(f): 2:06pm On Dec 24, 2020 |
bigrovar:Cool |
Re: Us Stocks Pick Alert by Penboy: 2:08pm On Dec 24, 2020 |
OakPearl: Na wah o.. Its already 233 in premarket... This is heartbreaking o 1 Like |
Re: Us Stocks Pick Alert by engbash: 2:37pm On Dec 24, 2020 |
Since the launch of our Invest service, we’ve been covering all deposit fees charged by the payment providers. Typically, these fees are included in the price of the products and services that you buy. But our share dealing service is completely free and the transferred amounts have grown to billions of euros per year. That’s why, starting from 04.01.2021, we are introducing a lifetime limit on free deposits via all payment methods other than Bank Transfers. Funding via Credit/Debit Cards, Google Pay, Apple Pay, Skrill, iDeal, DotPay GiroPay and Sofort, will remain fee-free until you have deposited €2,000 in total. A fee of 0.7% will apply thereafter. Please note we do not profit from this fee. Its purpose is to cover the costs levied by payment providers and card companies. Bank transfers remain completely free (unless your bank charges you to make them) and we are working on expanding them further in 2021 with the following options: SEPA Direct Debit - enabling recurring and one-off bank transfers across the EU; We will extend the coverage of payments via Open banking throughout most European countries. Depositing into CFD accounts remains fee-free without limits. Visit our Help Centre to learn more on the topic. Best regards, The Trading 212 Team who else got this? 1 Like |
Re: Us Stocks Pick Alert by engbash: 2:40pm On Dec 24, 2020 |
OakPearl: sir @oakpearl teach guys how to fish so that we can equally add value 1 Like |
Re: Us Stocks Pick Alert by OakPearl(m): 3:02pm On Dec 24, 2020 |
engbash: That's why we are here bro. Ask anything. Glad to share and learn from contributions too. 5 Likes |
Re: Us Stocks Pick Alert by sulaimon22: 3:19pm On Dec 24, 2020 |
Which green energy stock is good to buy. Reading some news about Joe Biden trying to look into green energy next year 2 Likes |
Re: Us Stocks Pick Alert by Jayjaycee18: 4:07pm On Dec 24, 2020 |
Very aggressive bull moving $AVGR price today with price already up by 101%+. Sold 40% of my stocks and watchinf to see how far this beauty would run. AVGR Mgt after the coys AGM announced plans officially launch and commercialize the first-ever image-guided, catheter-based system for the diagnosis and treatment of Peripheral Artery Disease (PAD). I made the post below on August 28th and bought a truck load of $AVGR shares at an average of $0.29. PAYtience surely pays once someone is sure of the stock(s) one owes because Mr. Market would surely recognize the real value of the coy at the appropriate time. Jayjaycee18: 2 Likes |
Re: Us Stocks Pick Alert by kemicalreact: 5:22pm On Dec 24, 2020 |
Who else noticed the Pie feature on trading 212 ![]() 1 Like |
Re: Us Stocks Pick Alert by Jayjaycee18: 5:40pm On Dec 24, 2020 |
Some green energy stocks that would benefit include $GEVO, $FCEL, $PLUG, $SBE, $BLNK, $CSIQ, $FSLR and $GE (supplies the largest turbines and blades for wind energy installations). You have to carry out due diligence before buying. sulaimon22: 4 Likes |
Re: Us Stocks Pick Alert by seyisanya(m): 6:14pm On Dec 24, 2020 |
Penboy:Stay calm. Follow the news as things unfold, and don't rush to sell at a loss! 1 Like |
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