INVESTING & WEALTH BUILDING
This section answers real questions about investing in Nigeria. Learn how to invest in stocks market, treasury bills, bonds, NIDF, Commecial Papers and other opportunities. Whether you are a beginner or experienced, you will find simple guidance to grow your money.
Share
Why is the Nigerian stock market closed since morning on the Bamboo app?
Anyway, the report says: “In observance of Eid al-Fitr, the Nigerian stock market will be closed today, Thursday, March 19, and Friday, March 20. Normal trading resumes on Monday, March 23. Meanwhile, U.S. markets will remain open as usual.” It’s fine, Goodbye for this week on NGX, investorsRead more
Anyway, the report says:
“In observance of Eid al-Fitr, the Nigerian stock market will be closed today, Thursday, March 19, and Friday, March 20.
Normal trading resumes on Monday, March 23.
Meanwhile, U.S. markets will remain open as usual.”
It’s fine, Goodbye for this week on NGX, investors and dear traders …Till Monday
See lessWhats is the Difference between Stanbic IBTC Fixed Income Fund and Guaranteed Income Fund?
Here is youur answer Stanbic IBTC Asset Management Guaranteed Income Fund Key Characteristics Focus Capital preservation and stable returns Invests in Government bonds Money market instruments Small portion in equities Major Advantage Capital protection, conditional, If you stay invested for a minimRead more
Here is youur answer
Stanbic IBTC Asset Management Guaranteed Income Fund
Key Characteristics
Focus Capital preservation and stable returns
Invests in
Government bonds
Money market instruments
Small portion in equities
Major Advantage
Capital protection, conditional,
If you stay invested for a minimum holding period e.g ~90 days your principal is protected.
Profile
Risk Low
Return Moderate
Volatility Very low .
And Stanbic IBTC Asset Management Fixed Income Fund
Key Characteristics
Focus Income generation (higher yield)
Invests mainly in:
Treasury bills
Bonds
Commercial papers
Important
No capital guarantee
Returns fluctuate based on
Interest rates
Inflation
Market conditions
Profile
Risk Low Moderate
Return Moderate to High
Volatility Moderate. I hope you really understood too
Thank you. From mozeey30 🥺🙏📚 Knowledge is the key 🔐
See lessWhat is the best Equity Fund manager to invest with?
Download the brokers app. You will see their percentages return for the equity fund, then you can compare and choose the broker you prefer.
Download the brokers app. You will see their percentages return for the equity fund, then you can compare and choose the broker you prefer.
See lessWhat is Money Market Mutual Fund? And how do I get Started?
Money market mutual fund This is an investment fund where many people put their money together inside one big basket. Then, Fund Manager (InvestNaija, Cowrywise, Stanbic IBTC etc) Pack all the people money and invest it in Treasury bills and commercial paper etc. Then, everyday profits gatherRead more
Money market mutual fund
This is an investment fund where many people put their money together inside one big basket. Then, Fund Manager (InvestNaija, Cowrywise, Stanbic IBTC etc) Pack all the people money and invest it in Treasury bills and commercial paper etc.
Then, everyday profits gathered/generated from the investment is divided and added to each and every one money depending on how much is invested.
And every 3months, your profits is paid back into your account or reinvested if that is what you want for more higher everyday additions.
And at anytime you need your money. You can withdraw it and within 24 hours. Your money will be in your account.
Let say a fund Manager offers it money market mutual fund at 17.17% per year.
Let do a little calculation on this now.
Let say I put #500,000 in the money market mutual fund now at 17.17% per year.
And I leave it for a whole year. I will having #85,850 on top the #500,000. And this is without the compounding power yet.
This #85,850 divided by 4 quarters of the year. Which means every 3 months. They pay #21,462.5 into your account. If you want/need it.
But if you don’t need it they will re-invest the #21,462.5 of the first quarter to the #500,000. And start giving daily interest of #521,462.5 of this amount, not for #500,000 only anymore and this is what is called compounding power.
Which means at the end of a whole year the total gain will not just be #85,850 only but it will be more than that.
And one beautiful thing about it is, it is not a fixed deposit. You can decide to add more or withdraw from it at anytime.
And I just use the #500,000 as example. You can start with as small as #5000. And keep adding #1000 or any amount to it depending on your capacity.
See lessDifferent between stock and Share?
Stocks refer to ownership in a company overall. While shares are the individual pieces that make up that ownership. Share means one unit of ownership in a company. For instance, If you own 100 shares of MTN Nigeria, you hold 100 individual units. You own stock in a company, and that ownership is diRead more
Stocks refer to ownership in a company overall. While shares are the individual pieces that make up that ownership.
Share means one unit of ownership in a company. For instance, If you own 100 shares of MTN Nigeria, you hold 100 individual units.
You own stock in a company, and that ownership is divided into shares. All the shares together make up the company’s stock. So stock is the whole while shares means the individual units.
You owns stock in a company while shares is the countable units you buy. So, You say” I have 5,000 shares in a company and not 5000 stocks in a company.
See lessCan 20k monthly investment on Stocks make me something better after 4 years?
Absolutely but with knowledge and financial discipline. You need to invest in knowledge before diving into stock market. With consistency, discipline and right mindset you can achieve your aim.
Absolutely but with knowledge and financial discipline. You need to invest in knowledge before diving into stock market.
With consistency, discipline and right mindset you can achieve your aim.
See lessCan I Save Monthly on Money Market Mutual Fund?
yes,you can decide to top up your mmmf monthly.
yes,you can decide to top up your mmmf monthly.
See lessis Bamboo App legit for Investment?
Yes,bamboo app is a legit investment app. To know legit investment app always check if they are licensed by SEC. Bamboo is SEC licensed.
Yes,bamboo app is a legit investment app.
To know legit investment app always check if they are licensed by SEC.
- Bamboo is SEC licensed.
See lessPlease when does MTN pay dividend?
easy ways to always get this information and others of such beforehand, visit ngx , locate mtn, scroll down and navigate to corporate disclosure you will see dividend anouncement.
easy ways to always get this information and others of such beforehand, visit ngx , locate mtn, scroll down and navigate to corporate disclosure you will see dividend anouncement.
See lessWhat are Investor's benefits Apart from dividend?
Apart from dividends, long-term investors (5–10+ years) mainly get these benefits: Capital growth stock prices rise over time as companies grow biggest wealth builder (sell higher later). Compounding gains build on gains exponentially (snowball effect). Lower taxes long-term capital gains often taxeRead more
Apart from dividends, long-term investors (5–10+ years) mainly get these benefits:
Capital growth stock prices rise over time as companies grow biggest wealth builder (sell higher later).
See lessCompounding gains build on gains exponentially (snowball effect).
Lower taxes long-term capital gains often taxed less (or zero in some cases) vs short-term.
Lower costs fewer trades minimal fees/brokerage.
Less volatility impact ride out crashes; markets trend up long-term.
Lower stress ignore daily noise, no constant monitoring.
Inflation hedge stocks beat inflation better than cash over decade.