This strategy highlights another way you can still make money from Nigeria stock market. One of the biggest challenges of a beginner in the stock market is “how to pick the first stock and become profitable“. I receive related questions like this from beginners and amateur traders who are finding it extremely hard to select Read More …
Buying a stock is as easy as signing up with a registered broker, verify your information, fund your account and then tell your broker the stocks to a buy but buying the right stock for real profit is incredibly hard. This is one of the reasons timing is so powerful in the stock market; it Read More …
The Nigeria stock market has had a rough year, with the NSE Index, in particular, shedding nearly 14% so far. While most of the key sectoral indices are down by double-digits – NSE Banking Index (-10.53%), NSE Insurance (-5.79%), NSE Consumer Index (-26.42%), NSE Oil and Gas (-22.59%), and NSE Industrial Index (-13.63%) – some stocks have Read More …
If there’s anything I can tell you about money, it is that you should fear one thing: inflation. Inflation in a lay man’s term measures how prices of goods we consume everyday change over time – the percentage (%) changes each year are called inflation rates. Let’s say the price of a basket of tomato Read More …
In just seven weeks, we will be saying our goodbye to 2019 but one thing remains sticky in our mind as investors, it wasn’t a favourable year for the stock market, full of patches, ups and down and unimpressive index performance, no thanks to economic and policy uncertainties. The broad-based NSE index is down by Read More …
Several banking stocks have slumped in the last 2 years amid concerns about CBN’s uncertain and tight regulation of the banking sector but Jaiz bank is one the few financial stocks that had proven that it’s business model is not just resilient but stands defensive against regulatory challenges confronting it peers. Jaiz Bank PLC provides Read More …
As stocks have gone back to near their all-time low prices, banking stocks are trading lower compared to their 2017 peaks which present relatively bargain opportunities for medium to long term buyers seeking capital appreciations. While looking at the charts of all the top tier banks on monthly timeframe, I discovered interesting investing opportunities on Read More …
As a rational investor looking for a low-risk retirement and investing ideas that work in Nigeria, have you ever considered investment options based on the potentials to double your cash? This is exactly why I am sharing the number-based investing tip called “Rule of 72”. The Rule of 72 is a straightforward computation used by Read More …
The opportunity that I’m about to share with you could be the surest information you need to diversify and profit from the US stock market, week on week or month on month. In fact, it’s so profitable that I bet big on a stock using other people’s money – you are strongly advised to start Read More …
The US stock market is dubbed the largest and most liquid exchange in the world with a market capitalization comfortably sitting above $50 billion. The exchange “houses” some of the best, finest and fast-growing global brands across different sectors like consumer, energy, financials, health care, industrial, IT, materials, real estate, telcos, and utilities. Beyond the Read More …
When it comes to investing and building a lasting wealth, professional investors advise that you spread your money around different assets classes – that is, “diversify” your investment. Why? because it’s often believed that diversification protects you from losing all your money during market swings. Besides, the pending devaluation of our local currency against major Read More …
This guide contains my best technical indicators for cryptocurrency trading – copy the tools I use to accurately predict Bitcoin and Etherum – before their prices went up further by 50% after I bought at $6,300 on the Luno platform. I have been trading Bitcoin and Etherum actively in the past 3-4 months after a Read More …
While the NSE all share index has been more volatility lately compared to their counterparts in emerging markets, I still believe that there is still short to medium term growth potential for a patient, risk-tolerant investors that pick stocks at the bottom before they rally. One key secret of such investor is that they no Read More …
Nothing puts a smile on one’s face like a high- flying growth stock. Not only will stock in your portfolio that has returned 100%, 200% or even 500% help you build wealth faster but it also makes up for several losing stocks. While this makes high-growth stock appealing, how can one spot such an opportunity Read More …
Investors love banking stocks that beat the market index without getting ahead of its financials or risking sell-off on overvaluation. In this financial analysis, we looked at the new Access bank, short term chart analysis, and basic banking metrics to check if the recent financials support strong price growth. What we’re looking for? We will Read More …
How to Invest in FGN Bonds in Nigeria – Everything You Should Know About FGN Savings Interest Rates & Current Yields Including How it Works and Get Started If you have been receiving emails from your stockbrokers on latest FGN savings bond but don’t understand bond as a fixed income investment, here is a simple Read More …
How to Plan your Retirements in your 40s – Learn How to Save, Use the Passive Income Ideas to Invest and Build Wealth for your Family. Aside from your voluntary retirement savings and contributions to Pension account, everyone is supposed to invest independently for passive income before one clocks 40. While this advice also applies Read More …
Among the three banks trading above N20 per share and have released their 2018 full year’s result, Stanbic IBTC bags the most impressive bottom line figure having recorded a significant increase in profit after tax and EPS to N74 billion (from N48b) and N7.04 (from N4.6), representing a high double-digit growth of 54% and 53% respectively. Not Read More …