yazga:
Hi Newbies

Here is a breakdown of all the charges on Bamboo!

We currently charge 1.5% on all buy and sell trades. You will see the "Estimated Commission" on the page when you review your Buy/Sell order. At this point you can choose to go ahead and make the trade or not. We will certainly give notice if our Trade Fee is going to change.

Deposits have a 1.4% processing fee on Naira card transactions and barter transactions (capped at 2,000 Naira), a 150 Naira processing fee on Naira bank transfers, while there is a 2.9% processing fee on Dollar card transactions.

There is an extra fee on instant deposits which is 0.1% (with a minimum fee of $1 and a maximum fee of $10). This means that if 0.1% of what you are depositing is more than $10, the extra fee will be $10. However, if 0.1% of what you are depositing is less than $1, the extra fee will be $1.

The processing fees for wire transfers vary across different banks.

If you deposited from a Naira payment option, you can only withdraw to a Naira account. If you deposited from a USD payment option, you can only withdraw to a USD account. There is a withdrawal fee of ₦45 to Naira bank accounts and $45 to USD bank accounts.

Finally, there is a 30% WHT (Withholding Tax) on dividends, which is a mandatory tax taken by the U.S. government for individuals buying stock outside of the U.S.

Factor the above into your profit.

yazga:
Ma'am you need to first know the basic of stock market, you can't just start investing like that. Here are some tips to help you learn

(1). History of stock market

(2).how the stock market works

(3). Terms used in stock (bullish,bearish, average down ,etc.)

(4)sector that is popular

(5) research on the company you want to invest in.

So on and so forth.

Note: also have a purpose why you are investing, the stock market is not a get rich quick scheme and lastly decide if you want to invest or if you want to trade. Hope this help .

LauraClasikVibe:
A proper answer to the bolded depends on several parameters that are specific to you. Things like your age, marital status, income, tax implications, objectives and risk profile among others determine an investment’s suitability for you.
I do not know your plan
Why you in the market?. You have to have a strategy, are you an investors or a trader?
This and many more questions you need to answer before i can possibly suggest a stock.

Today's Lectures
How do you do your “due diligence” when trading stocks? Many people have asked this questions on this thread

What are fundamentals and stuff I should look in a stock when researching?

How do you perform company analysis and stock valuation once you have identified an attractive opportunity? In this write up I hold nothing back and explain how I use my Five Step Research Process to perform company due diligence and stock valuation:

The Five Step Research Process consists of the following steps:

Step 1: Company Quality Assessment

Company quality is based on the quality of the business, the management team and the balance sheet.

Business quality: How structurally attractive is the industry? How strong is the company's competitive advantage? Is it getting stronger or weaker?

Management quality: How competent is the management team at operations and capital allocation? How aligned are their incentives with the shareholders?

Balance sheet quality: Is the balance sheet strong enough to withstand temporary adversity without the company being forced to raise capital on unattractive terms?

Step 2: Analysis of Key Economic Variables

This step aims to:

-Identify the handful of economic variables that will have the greatest impact on the business’s long-term economics, and
-Estimate a reasonable range of outcomes for each variable.

Step 3: Financial Modeling

The third step of the process begins where the second step ended. Having identified the key economic variables and a reasonable range of values for each, I use that analysis to model the company’s income statement, balance sheet and cash flow statement, and then create three scenarios: worst case, base case and best case.

Step 4: Valuation

My basic valuation tool for stocks is the discounted cash flow model (DCF) of equity free cash flows forecasted in the prior step. I use the same discount rate – 10% – for all companies and all scenarios.

The DCF can be an imperfect tool. A reasonable criticism is that it is overly sensitive to small input changes and to user manipulation of assumptions. To guard against these, I cross-check DCF-derived values against other measures such a valuation multiples (e.g. normalized P/E, EV/EBITA) and private market transactions.

Step 5: Behavioral Checklist

Before investment analysis is complete, I apply a checklist designed to identify things that I may have missed as well as behavioral biases that may have influenced my analysis. This is a dynamic list; it has been evolving over time, reflecting lessons learned from past mistakes made by me and by other investors.

Doing thorough fundamental analysis and valuation work is an important part of any value investing process. The Five Step Research Process helps ensure a systematic and repeatable approach that helps minimize the impact of behavioral biases.

LauraClasikVibe:
US Stock Market Pick Alert (USMPA) is on telegram

SteveOfu:
Good morning, read the previous 5 pages

dayjeee:
AUVI was bomb today grew 500 percent before closing at 270 percent. I entered late and I was able to make some gain, sold and bought again when the price dropped but it kept dropping till the close of market
This is my first trade and i already learnt my lesson. Sure tomorrow will be better. Thanks for the tips.
And when is the best time to enter?

gamaliel9:
Who else is using Chaka here? I hope no problem with Nigeria s SEC?

GrowEveryday:
Good morning to y'all.
Am a newbie here looking for guidance and mentorship.
Have downloaded and setup my Bamboo account. Have equally funded it.
But I don't know where to start from.
Can anyone tell me what to do?

LauraClasikVibe:
Your social media feeds should:
-Inspire
-Educate
-Challenge you

if it doesn't change it

LauraClasikVibe:
Focus on your patience and the rest is history! You can be great at picking a nice portfolio, but it won’t matter if you can’t control your emotions.

Patience is the most important trait of investing. It’s all about the ability to not panic when you see your portfolio value drop 30-50%. It’s also about the ability to continue holding a winner even after you’ve made 500%.

Most people let their emotions get to them by panicking out of positions when markets pullback or they take profits too soon when they are up.

Once you understand patience, then you can focus on finding great companies to buy and hold for a long time and you will realize the true potential of ginormous gains. If you don’t have the patience, your portfolio won’t matter as you won’t be capitalizing on its true potential.

Are you a patient investor?

hakeem4:
I’m new to stocks. How do I buy sndl on bamboo?

LauraClasikVibe:
Good morning Sir,
What do you know about stocks?

LauraClasikVibe:
Morning ma,
what do you know about stocks?

freshtomi:
Reading through your posts because you're hella smart and dropping wisdom everywhere, but I disagree with your take on holding winners. If you;re trading, youshould have a clear-defined exit strategy, because as easily as it can soar to +500%, it can come crashing down. Nobody ever got broke by taking profits. Don't get greedy.

GrowEveryday:


Good morning Laura. I believe owning a company's stock makes one an investor in the company. Which one will gain if the company's stock appreciates. (Profit).

Please am just new

hakeem4:
maybe on a scale about 1-10 I’d rate myself 1.

I just know buying stocks means you share out of the profit and loss of that company that’s all.

But I’ve been hearing sndl but I don’t know how to buy it in the bamboo app

LauraClasikVibe:
WHY do you want to buy the bolded?

hakeem4:
I was reading about cannabis legalisation and I believe the stock would rise

DextrousDavid:
Good morning bosses. Any pick alert today?.

Thanks.

LauraClasikVibe:
Good, then buy it if you are convinced

LauraClasikVibe:

hakeem4:
problem is I searched for it on bamboo app and I’m not seeing it.

Or maybe I don’t know what I’m doing