DURATION OF INVESTMENT

GREAT DAY TO YOU AND WELCOME TO ANOTHER DAY OF KNOWLEDGE AND POWER TO BECOME GREAT.

WE ARE TALKING TODAY OF THE DURATION OF AN INVESTMENT AND THE MINDSET ONE SHOULD HAVE ON THIS.

USUALLY WHEN WE TALK OF DURATION WE REFER TO WETHER IT IS SHORT TERM, MEDIUM OR LONG TERM INVESTMENT. SHORT TERM USUALLY FALLS WITHIN ONE YEAR, MEDIUM BETWEEN TWO TO THREE YEARS AND LONG TERM FALL ABOVE THREE YEARS. FROM MY STUDY, I HAVE DISCOVERED THAT AN INVESTOR WHO HAS A LONG TERM MINDSET, HARDLY LOSSES AT THE END OF THE DAY. WHAT DO I MEAN? WHEN YOU INVEST WITH THE MINDSET THAT IF IT TAKES SAY FIVE YEARS TO YIELD FRUIT YOU WIL BE OKAY AND NOT THAT YOU THINK I MUST GET THIS RETURN IN THREE MONTHS FOR EXAMPLE, YOU WILL NOT END UP SELLING AT A LOSS WHEN THE STOCK HAS NOT BEEN FAVOURABLE BY THEN. LOOK AT THE MARKET NOW, YOU HAVE LOW PRICES, GOOD FOR BUYERS BUT NOT TOO GOOD TO SELL AND IT WOULD NOT REMAIN SO FOREVER. IT DOES NOT MEAN YOU WILL NOT TAKE PROFIT WHEN THE PRICES MOVE FAVOURABLE WITHIN ONE WEEK BUT YOU WILL NOT GIVE YOURSELF UNNECCESSARY PRESSURE OVER WHAT YOU DO NOT HAVE CONTROL OVER. LET'S SEE THE REPORT FROM YESTERDAY'S TRADING AT THE NSE AS REPORTED BY CASHCRAFT

The downward trend of the market is sustained with prices of stocks dipping. At the end of
trading today, 39 gained,50 lost and 50 remained the same. This brought the total number
of securities traded to 139. Out of the 39 gainers recorded, 12 securities gained maximum
and 29 out of the total 50 losers lost maximum. Banking sector recorded 11 losers and 6
gainers today.

Market index declined further at a reducing rate by losing 158.55 basis points which stood at
0.643% as against 1.45% drop of yesterday and market capitalization lost N36.346 billion
further. Skye bank traded the highest volume of 74.90 million, followed by Standard Insure,
AIICO, First bank and GTB of 41.271 million, 29.391 million, 18.710 million and 17.851 million
respectively. The highest value still went to Skye bank with N407.514 million, followed by First
bank, Nestle, GTB and BCC of N281.282 million, N255.412, N241.084 and N177.751 million in
that order.


This drop may be approaching a point of turnaround which is expected any moment from now
as some stocks across the sectors seemed to be showing signs to that effect. It is very likely
improvement is more pronounced if not tomorrow, the first trading day next week.

Therefore, Investors are enjoined to consider buying now while waiting for the soonest possible
rebound to benefit from the capital appreciation it offers.

GOOD ADVICE FROM THE TEAM. YOU MIGHT WANT TO LOOK AT THOSE THAT BOUGHT FIRSTBANK SHARES FOR EXAMPLE SAY FIVE YEARS AGO, IF YOU CONSIDER THE SCRIPT ISSUES AND DIVIDENDS THEY HAVE RECEIVED IN THIS PERIOD AND THEN CONSIDER THE PRESENT MARKET PRICE, YOU WILL SEE THAT EVEN WITH THE ECONOMIC MELTDOWN, THEY ARE STIL MAKING SOME GOOD PROFIT FROM THOSE SHARES, WHILE THOSE THAT BOUGHT SAY ONE YEAR AGO ARE NOT SO LUCKY RIGHT NOW BUT WILL BE IN THE NEXT TWO TO THREE YEARS.

WE THEREFORE ADVICE THAT WE RELAX OUR MINDS AND INVEST WITH A MAXIMUM OF LONG TERM MINDSET, WHILE WE WATCH TO TAKE PROFIT EVEN BEFORE THEN.

REMEMBER TO SUBSCRIBE TO BottomLINE NEWSLETTER OR TO ASK MORE QUESTIONS ON INVESTMENT CALL AKATA 08055816625 AND TO TAKE POSITION IN PROPERTY IN THE SECURED AND EXPANDING AREAS OF YENAGOA BAYELSA STATE CALL CHRISTIE AKATA 07032335367. WHICHEVER TYPE OF INVESTMENT, SPECULATION OR BUYING TO HOLD, IT IS OKAY TO COME IN NOW. WE ARE HERE TO HELP YOU. STAY WISE AND GREAT.......AKATAMAX