HOW TO INVEST 3

HELLO GREAT ONE, I HOPE YOU ARE PRACTISING WHAT WE HAVE BEEN TALKING ABOUT, JUST INCASE YOU FORGOTWE SAID, THERE IS A NEED TO CHECK IMPULSE PURCJHASE AND TO SET SOMETHING ASIDE FROM OUR INCOME FOR SAVINGS AND INVESTMENT NO MATTER THE SITUATION UNLESS WE WANT TO REMAIN AS WE ARE AND THAT WE NEED TO INVEST IN OURSELVES BY READING NEWSLETTERS LIKE BottomLINE, BOOKS, MAGAZINES, JOINING PROFESSIONAL BODIES, ETC TO KNOW MORE, AS WHAT WE KNOW IS OUR GREATEST ASSET. GOOD FOR YOU IF THESE ARE BECOMING PART OF YOUR LIFE STYLE. I PROMISE YOU WOULD NOT REGRET IT.

LET US SEE THE STOCK MARKET REPORT FROM CASHCRAFT RESEARCH TEAM YESTERDAY BEFORE WE CONTINUE:
Market closed today on a very good positive note with more stocks on the gainers side. The banking stocks contributed mostly to the improved market outlook of today with 19 gainers out of the 56 gainers recorded as against 22 of yesterday; 33 stocks lost and 38 remained unchanged. Other sectors that pushed the market performance upward were Breweries and Food and Beverages. Sectors like Building Materials, Construction, Conglomerates, Healthcare and Petroleum Marketing may join in the improved performance sectors.

The market behaviours in the recent times has attested to the fact that market may continue to be on the up and down movement for some time before full stability is attained. This volatility will be fuelled more by the activities of speculators who will be on the in and out game in the market. This market may be a money spinner for discerning investors that are armed with the right information, right timing and fund to play the market. Opportunities still abound in the market! This rally may be on for a while because some stocks have come
down to ridiculously low prices.

All-Share Index rose by 7.243% against 1.320% loss of yesterday and Market capitalization gained N368.309 Billion against N65.603 Billion loss of yesterday. This was a drastic improvement which is expected to last for some time. Definitely, the skepticism of the investors about the stability of the market and the potential of the market to give commensurate returns to investors input will soon give way, most especially when the CBN is through with its ongoing banks’ audit. Market is staging a good comeback!

I AM SURE YOU TOOK NOTE OF THE HIGHLIGHTED PORTION. THAT IS ONE WAY TO INVEST, TO BUY AT THE RIGHT TIME. WHAT IS THE RIGHT TIME? YOUR ASK, AND I WILL SAY IT IS THE TIME THE INVESTMENT IS BELOW ITS REAL VALUE. TODAY MOST STOCKS ARE BELOW THEIR REAL VALUE AND NO BETTER TIME WILL IT BE TO INVEST IN THEM. THE SAME THING GOES FOR LAND & PROPERTY IN YENAGOA WHICH IS STILL A DEVELOPING STATE. NOW ANOTHER THING TO CONSIDER IS YOUR INVESTMENT OBJECTIVE. DO YOU WANT TO SPECULATE OR YOU WANT TO HOLD FOR LONG? THINK OF IT. WE WILL CONTINUE JUST DIGEST THESE FEW POINTS.

DIG A WELL BEFORE YOU GET THIRSTY...