August 18-24, 2008
Company Results And Where To Invest Your Money
Some companies recently released their financial results. We shall consider the figures so you can know where to invest your money and have peace of mind.
Guarantee Trust Bank
It released the half year result ended May 31st ,2008. Gross earning increased to N28 billion in 2008 from 14.9 billion in 2007. That is 87% increase. Profit After Tax (PAT) also increased from N3.5 billion in 2007 to N8.4 billion in 2008. That is 140% increase. This is a good stock to buy now. There is a good prospect for investors. Don’t miss out.
C&I Leasing
Unaudited result for the first quarter ended April 30, 2008 released. Turnover increased to N1.1 billion from 989.54 million. PAT decreased to 80.9 from 87.3 million. A 7.9% decease in profit.
There is prospects in sales but management should find a way of cutting down cost of running business. The lesser the profit, the lesser the return on investment (ROI). C&I is a monopoly in its sector of the NSE and thus highly recommended. You will make good money. The price will shoot up after its right issue. Position yourself at the secondary market for this darling stock of short term investors.
Tantalizer
Unaudited result for 1st quarter ended 31st March 2008 released. Turnover increased to N1.04 billion from 929.44 million in 2007. PAT increased to N83.73 Million from N37.0 Million in 2007. That is 126% increase. Whaoh! Good management. You should rush to buy this stock and position yourself to make good money.
Sovereign Trust Insurance
Unaudited result for the 1st quarter ended 31st March 2008 released. Gross premium increased from N605.9 Million in 2007 to N1.33 billion in 2008. PAT increased to N268.8 Million from N156.6 Million. That is 71.6% increase.
The result indicates good business prospect and profits which will reflect on what investors will soon enjoy. You can position yourself now with this stock or wait for the 3rd quarter result.
International Energy Insurance
Audited result for the year ended Dec. 31st , 2007 released. Gross premium increased from N1.2 billion to N2.7 billion. PAT also increased to N752.6 Million from N139.3 Million. A 439% increase. That is great. Smart investors must get this piece of cake before it becomes unavailable. This stock smells good. The local policy on the down stream sector of the oil industry is rubbing off positively on this stock. You can’t afford to miss out.
Equity Assurance
Audited result for the year ended Dec. 31st released. Turnover increased to N1.52 billion from N225.63 million. PAT increased to N445.04 Million from N54.13 Million. That is 722% increase. The stock is a sure banker. It will continue to move up after its hybrid offer. Go get it at the secondary market if you care for a short term profit.
Cheers and Keep on investign wisely.
Yours
Benard Solomon
http://magic-keys-to-success.blogspot.com
How To Use Private Placement To Multiply Your Riches On The Nigerian Stock Exchange
What About Private Placement
Playing to win on the Nigerian Stock market is about timely and useful information. Smart investors spend huge fortunes in acquiring information to give them the needed leverage to stay ahead of others and make unimaginable profit and return on their investment.
While public offers has become very popular among the investing public, little is still known about private placement which is another goldmine that informed investors had used to make good money.
I have decided to open up on this secret of multimillionaires on the NSE who never wished to divulge the information to somebody like you. But trust me, I will never keep anything from you which I know will move you to the next level in your investment career.
The Power Of Patience
Private Placement is not public offers. For you to maximally benefit from it, you need to use the power of patience. Yes! Patience in the sense that some companies after a successful private placement may still have to wait for months or between 1-2 years before being listed on the stock exchange. However, the waiting will be well rewarded once the company is listed because of the immediate gain you’ll make from the public offer if you decide to offload your investment for capital taking. You stand to instantly gain between 4-8 times the value of your investment depending on the timing.
NAHCO after a successful private placement and listing by introduction went from 50k to more than N20 within 2 years of listing. Investors who missed out of the private placement rushed to the floor of the exchange to get the stock. This rush caused a rise in the price of the stock.
Private Placement Versus IPO
Private placement (PP) is the sale of shares to relatively few number or selected investors by companies not yet quoted on the exchange. The sale is most often done without much publicity. This is usually done when the company is preparing for listing on the stock exchange. Big Treat is a recent example. Another one is RedStar Express. You need to be close to your broker for first hand information on PP.
IPO on the other hand is the sale of shares to a larger number of investors by already publicly owned companies. Investors buying PP enjoy the benefit of low price with potentials for huge capital gain. The main disadvantage of PP is the inability to trade the shares of the company if it fails to go public after the PP.
Positioning Yourself For Bountiful Harvest Through Private Placement In 2008
Last year, IGI had its PP. It will be listed in the first quarter of 2008. Reliable information from the grape vine shows that the I.T. giants like Chams, MTN, Zinox etc are warming up for PP preparatory to listing on the NSE.
This is an opportunity for you to rake in millions in 2008. It could be your wisest decision ever to invest in the coming Private placements.
Before calling it a day, don’t let them hear that I told you Tantalizer will be coming out for a private placement.
See you at the ATM.
News Flash
Deap Capital in the other financial services sector declared dividend and 1 for 2 bonus for the year ended 2007. Go and Get It If you want free shares before the close of register on February 11.
How Government Policy Will Affect Stock Price Movement In 2008
Anything you see or hear happen on the capital market are after effect of certain events within the macroeconomic, national economic life and events within individual company.
Events In The Macroeconomic Environment
This includes government policy, inflation rate, taxation, interest rate, mode of transportation, electricity supply and cost of labour. Doing business in Nigeria is challenging due to the harsh environment as a result of multiple taxation, high/galloping inflation rate and epileptic power supply. All these have negative effect on the operations of businesses, cost of production and profitability. Companies have devised alternative means of surviving in the harsh macroeconomic environment in Nigeria.
Government Policy
When government banned the importation of poultry products and foods, the local industry began to pick up. Indigenous companies had since rebound thus providing jobs for the unemployed and improving in their balance sheet so that shareholders could enjoy.
Excessive dependence on importation is a killer of economy anytime, any day. Japan produces 75% of what they need. They export their products massively which gave them surplus international trade balance.
In Nigeria, government policy currently favours the banking, insurance, communications, health, mortgage, automobile, aviation, poultry and textile industries. Investors should be favourably disposed to viable companies in these categories for maximum gain. Neimeth is currently in a train brazing profitability in the pharmaceutical category.
Banking Industry
The banking industry has been positioned for huge financial returns to investors. The next 5 years shall witness a sporadic growth in this sector. Banks like UBA, Zenith, First bank, Access bank, First Inland, Unity bank etc are set to yield unprecedented reward to their shareholders.
Automobile and Tyre
The ban on the importation of tyre and the exit of Michelin has created a wide market for Dunlop Nig. Plc to have high turnover from 2007 up. Dunlop’s hybrid offer was fully subscribed in 2007. Investors should expect steady rise in the share price of this stock. You should take position now if you are yet to buy this stock. You cannot afford to miss out now that it is still at the penny stock level.
Building Materials
With the license to import cement in bulk given to Ibeto Group of companies recently, this sector look very attractive to aggressive investors. CCNN appears poised to return to profitability after the success of its rights issue. It is a good buy. Go for it.
Be set for 100%-400% capital gain on your investment in the recommended stocks above depending on the money available and the time of investment. Remember that you are fully responsible for your investment decisions.
News
* Watch out for life transforming messages from ‘Jim Rohn Says’ starting from the month of march on this medium. Jim Rohn is America’s leading leadership trainer and motivational speaker.
* Daar communications IPO has hit the streets. Try and get some if you so wish. It is a good buy.
Yours truly,
Benard Solomon
Investment Consultant
How To Get Loan From Micro Finance Banks
For Your Stock Business
Getting money for business and investment is a headache for most Nigerian entrepreneurs. Apart from administrative bottlenecks, terms and conditions for loans when available especially in commercial banks excessively stringent which scares away aspiring start up entrepreneurs.
The advent of Micro Finance banks is poised to change that situation for good. MFBs came into being as a result of the consolidation of the banking industry. They were established to provide financial assistance to entrepreneurs and small scale salary earners among others. They have remained underused because of ignorance of the way it operates by most people.
Here are 5 Secrets Of Getting Loan From MFBs For Your
Business And Stock Investment:
NO 1: Short Account Ownership
You need not keep account for 1 year as obtained in commercial banks as pre-qualification for loan. Operation of account for 1-3 months is enough to qualify for a loan. MFB account can be opened with as little as 500-1000 naira for savings and between 1,500 and 5,000 naira for current account.
NO 2: Low And Flexible Interest Rates
Interest rate on loans is as little as six to seven percent with no additional hidden charges. For instance, if you borrow the sum of 100,000 naira, you are expected to pay 6,000 to 7,000 naira extra as interest. A customer seeking to taking a loan from any MFB is assured of getting something no matter how small.
NO 3: Easy And Reasonable Collateral
You can manage the collateral demand by MFBs. They ask for collateral that is exactly the same worth as the amount being borrowed. You can use your bank account as a collateral. You can open a special account and use it to obtain loan.
N0 4: Flexible Loan Return Duration
Apart from easy collateral and low interest rates, MFB loans can also be acquired and paid back in relatively comfortable time. It is possible to get a loan and spread the pay back period from between one month to a year or more depending on how much is borrowed as well as the agreement reached with the bank.
N0 5: Active Account
When you keep an active account in a MFB of your choice, you stand to be credit worthy and gain the confidence of your banker. Regular use of your account is a sign of progress hence the willingness of the bank to give you money whenever you apply for loan.
How To Apply For MFB Loan
· Open a savings or current account for at least one month
· Write and send application letter to the bank or apply in person
· Obtain 2 guarantor forms
· After filling the forms, submit to the bank with a cheque greater than the amount you want to borrow
News Flash
· Thomas wyatt just concluded its right issues. The technical suspension has also been lifted. You can buy it at the secondary market at the current price.
· Unity Bank got World Bank contract of $8 Billion. The price will soon rally up so, get it now before it goes up.
How To Explore The Shift In Government Policy To Cheaply Acquire Stocks In The Building Sector Of The NSE
The Yar Adua Government has given concession to cement importers to bring in unbagged cement to compensate for the shortfall in cement production locally with the view to forcing down the escalating price of cement.
What does this mean to you as a smart investor? It is the time to start buying stocks in this sector cheaply and position yourself for astronomical gain for medium and long term investment.
Companies like BCC, CNN and yet to be listed Obaja cement would be in your list in this sector. Remember that smart investors win both in a bearish and bullish market.
News Flash
· C & I leasing is warming up for a public offer. Never miss it.
· First Aluminium is very cheap now. Go and get some to make good money.
P.S. Recommended E-Book: Stock Trading for dummies
It is fresh and hot. Price N5,000. Send mail to me for ordering instructions.
To Your Success
Benard Solomon
How To Become Your Own Analyst And Move Ahead Of Your Stock Broker Series
Series 1
The Secrets Of Making Money Via Penny Stocks
How can you position yourself for profits in millions when the market is going down? How can you fire your analyst and become your own stock picker? How do some smart investor take the highest risk and make the most profits with uncommon stocks?
When Transcorps was listed on the exchange in 2006, it was priced at N6 and went up to N9 before the public offer issued at N7.50k. The public offer was undersubscribed so the price came tumbling down. Negative publicity from the press contributed to the failure though the concept of the company is laudable and good for the Nigerian economy. The press used its power to scare investors away from buying into this mega company due to political sentiment. The bad publicity made some investors to re-strategize and waited for the conclusion of the public offer for an anticipated fall in price before they bought it.
Those investors who adopted the strategy will soon start smiling to the banks because the price will soon move up. Transcorp is the best thing to have happened to small scale investors in Nigeria if they are wise enough to recognize that fact.
Continue to buy into Transcorps for medium and long term investment. Imagine the price difference of N7.50k public offer and N2.99 post offer. This is your sure bet for multimillion profit first ever in the history of the country. Guaranteed.
Let me remind you of the story of Japaul Oil when it came to the market in 2005. Many investors shunned the offer because of the relatively unknown status of the company and its infantile Director-Paul Jegede. The price of the stock went down due to undersubscription. Those who bought it thereafter had raked in millions by the time it became popular.
If you read between the lines diligently, you will discover one of the secrets of stock analysis and making smart but risky move in your investment. The higher the risk you are ready to take, the greater your return on investment.
News Flash
(1) The bears are still raining in the market. This is the time for you to buy cheaply into favourite stocks
(2) First Aluminium is warming up for an issue. Buy it now to make good money.
(3) IPWA is on the path to profitability. Get it at the current price.
(4) C&I is a good monopoly. It is still very cheap at the current price.
(5) Try and consolidate your holdings in the market by increasing your holding is cheap stocks.
Recommended
Stock Trading For Dummies. Send mail to me for ordering details.
To Your Success
Benard Solomon
08058534772
How To Beat The Bears And Invest Your Way To Riches
The bears have been in absolute control of the stock market for 3 months since March 2008. At the time of writing this report, the situation has persisted unabated and is giving investors serious concern. The hope that the bulls will return is becoming a pipe dream. Ignorant investors have become panicky and having emergency headache about their loss. That is understandable. Some people borrowed money for short term trading which has back fired due to wrong timing.
Several reasons have been given for the sustained bearish period in the stock market. Factors such as delayed passage of the 2008 budget, withdrawal of the margin account facility by the CBN and profit taking by some investors have been said to be responsible. Other experts attributed the lull in the market to diversion to more promising investment vehicles e.g. private placement. Whichever reason is responsible, your preoccupation should be how to make profit during the bearish market while others are losing.
Here are 5 vital strategies you must adopt To Make Mind Boggling Profits During The Bearish Season.
Strategy Number 1
Never Sell In A Bearish Market
Most investors panic during this season. They quickly offload their holdings to minimize loss. That is the mentality of ignorant investors. Information available to you here is to teach you and impress it on you Never To Sell during the bearish period. Resist any temptation to do so because you may regret it. Be calm.
Strategy Number 2
Remember That The Bearish Market Is A buyer’s Market
Once the bears show up, dip your hand into your wallet, call your broker and use available funds to buy into promising stocks cheaply. Wealth is made when you buy not when you sell. The only time you have the opportunity to increase your level of share holding in any stock is during the bearish period. You can move from 10,000 units to 50,000 units and to 100,000 units. That is how to really become wealthy.
Eternal oil was less than N4 in 2004. Check out the price now after some months. Thos who rejected the stock then are biting their fingers now.
Strategy Number 3
Buy Stocks With Good Business Prospects And Strong Fundamentals
Stocks with good business prospects like UTC and those coming back to profitability like IPWA makes a good buy during this period. I highly recommend you get IPWA now. This stock will surprise investors who can take the risk now.
Strategy Number 4
Follow Good Management Figure
Fola Adeola has joined Eternal oil as chairman. His involvement will change the fortunes of the company for good. Felix Ohiwerei is with Unity Bank and Fidson Health. Go where these people are. You can be sure of making good returns in your investment.
Strategy Number 5
Think Long Term
Wealth is a function of the mind. Turn your investment into long term investment when the bears are reigning. It will help you to be free from care and anxiety. This is the Warren Buffet’s winning strategy for picking stocks. He made great wealth by thinking long term and the future of companies he puts his money into. He buys when others are selling. He sells when others are buying.
These 5 vital winning strategies are your secrets to beating the bears and taking them to the cleaners so you gain over and over again.
Important Notice
Place Your Order For My Fast Selling E-Book’ Stock Trading For Dummies’ if You Want To Move To The Next Level In Your Investment.
Send mail to megastock14@yahoo.com for ordering details.
To Your Success
Benard Solomon
08058534772
7 Characteristics Of The Bears
The bearish market is the period morbidly feared by most investors. They wished it never surface but history has shown that it has been a permanent feature of the global stock market. It is a time of gnashing of teeth by investors.
For you to know what to do in a bearish market, you must be well acquainted with the characteristics of a bearish market.
Here are the common features of the bears:
(1) General Drop In Prices Of Stocks: This is the period when almost all the stocks in the stock market has lost about 30% of their values or more. Access Bank which was about N25 in February is now 19.96 by June 08.
(2) Drop In Price Of Blue Chip Stocks: Highly priced blue chip stocks are not left out. They too experience loss in their values. Notice that sharp drop in the price of oil companies in recent times and the blue chip companies starting from march 08.
(3) Investors Are Sceptical And Cold: The bearish market is always avoided by most investors. They generally do not want to invest their funds at this period due to fear of loss of investment.
(4) Unfavourable Or Negative Press: The press is always negative during the bearish period. This contributes to why investors are scared of investing during this period. You must be extra fortified with information so as not to have high blood pressure during this period.
(5) Sentimental Offloading Of Shares: High emotion and negative sentiment pushes most investors to offload their shares during this period. This is your own chance as an informed investors to smartly climb to higher level in your investment holdings.
(6) Severe Loss Of Investment: when investors hurriedly sell their shares without accurate knowledge, they end up losing regrettably in the market.
(7) Diversion To Other Investment Outlets: The bearish period denies the stock market access to more funds and investments due to massive diversion by investors to investment vehicles like unit trust, bonds, real estate, etc.
Having got to know the different characteristics of a bearish market, you must position yourself to make profit at this period. One secret most investors hardly know is that the bearish market is a buyers market.
Robert Kiyosaki aptly captured this behavioural trend when he said that investors run away from the market when the circumstance beckons on them to buy. That is the paradox of the stock market. You must separate yourself from that losing attitude.
You should aggressively mobilize investible funds and buy cheaply during the bearish period so you can smile when the bulls return. That is the way to wealth on the stock market. The gain you will make at the return of the bulls are mind- boggling.
To Your Success,
Benard Solomon
Tactics For Short Term Profits On The Nigerian Stock Market
One of the strategies astute investors employ to make short term profits without burning their fingers is the power of bonus plus dividend.
Companies who declare dividend plus bonus always experience sharp increase in share price within few weeks before the close of register and fall drastically afterwards.
Your entry time if you want to use this strategy to make short term capital gain of between 40-80 within 2 weeks is very important. The versatility of your stock broker is very important too. He should be able to promptly fulfill your mandate to buy and sell within the stipulated time so you do not get trapped and lose money.
This strategy will help you make capital gain. You should be ready to forfeit capital gain if bonus issue is your interest because of the sharp drop in share price that is usually experienced after the close of register. The price could drop as much as 50% or more.
For example, Dip Capital Management share price moved from around N6 to more than N11 when the announcement of the dividend plus bonus issue of 1 for 2 was made including the date of close of register i.e. February 12. By February 13, the price has dropped to N6.02. Imagine the sharp drop in share price just one day of trading after the close of register.
If you master this strategy revealed here to you, you are on your way to becoming your own stock picker.
How TO Monitor Your Investment By Yourself At The Secondary Market Without Your Stock Broker
As you grow in your investment, your portfolio get so rich that you will need to know what is happening to your account from time to time.
Leaving your investment totally at the mercy of your stock broker might give room to being short changed by unscrupulous stock brokers, the CSCS has devised a system whereby you can independently monitor your investment online.
Through the system, you can get your account statement as and when needed and have access to your portfolio anywhere in the world.
There are 2 ways to subscribe to this system
(1) Through A Broker: To subscribe through your broker, mandate your broker to subscribe to the CSCS online service. You will pay the application fee of N2,500 annual fee. The stock broker will write the CSCS with details of registration and evidence of payment.
(2) Direct Subscription: You will log on to CSCS website and locate the user information on the top right corner of the CSCS site and click on Register
You can fill and submit the form online and make payment at one of the designated bank accounts. You will receive an e-mail from the website administrator once your account is activated.
Benefits of the CSCS online access include
(1) Monitoring of stock position regularly
(2) Contacting stock broker for account reconciliation
(3) Evaluation of portfolio
(4) Access to transaction history
(5) Stock price monitor
(6) Certificate deposit details
If you act on this information, you will have all information about your investments at your finger tips anytime you wish. You are absolutely in charge.
Understanding The Secrets Of Making Great Profit In The Stock Market
Stock market investment is not a get rich quick business. If you have been thinking that line, good luck. If otherwise, then it will not be too long before you are frustrated.
Anybody who starts a business venture should be ready to undergo the natural course of the business. What it takes to be a cocoa farmer is nod the same for a cassava farmer or a maize farmer. You should always have a good knowledge of the gestation period of your investment.
4 Great Companion For Investment Success
The following factors are essential for your rise to the top of the millionaire’s ladder as an investor:
(1) Time
(2) Discipline
(3) Plan
(4) Expiry Date
Time
Rome was not built in a day. Building takes time so is education. Time is the greatest friend of highly successful investors globally. Don’t try to build your wealth in a hurry. Have in mind a period you want to use to achieve your wealth building in the stock market. Remember that your investment in the stock market is just a means to an end. Not an end in itself.
Discipline
Regular investment of part of your income in the stock market will give you the needed leverage over time to become very rich in the coming years. You can buy larger units of shares using this method generally known as dollar cost averaging. You buy whether the stock is cheap or costly. You pretend as if the money you are putting aside regularly is lost. You are determined never to sell the stocks for whatsoever reason.
A case was told of a civil servant who kept buying first bank shares throughout her working years. She retired in to riches and affluence. Any money you keep now for investment will keep you in the future. Make this strategy your long term investment goal.
Plan
To make maximum profit in your investment, you must have a plan. How many units do you want in a particular hot stock? How much can you afford to acquire it regularly? If for example you want 500,000 units of shares of First bank, you can plan to reach that goal in 5 years time i.e. 100, 000 units per year. That is 8,333 units of shares per month.
Writing down your plan will motivate you to achieve your target faster than you can ever imagine.
Expiry Date
You must have an entry and exit strategy for your investment. Stock prices go up and down. To minimize your loss and increase your profit, you need to determine when to enter the market in advance and when to sell off your holding. Never allow greed to rule you as a stock trader. If you want to make 100% gain, set a target and exit once you reach the goal. Don’t wait for the price to go beyond that level before selling. The price can fall beyond your expectation later so be wise.
6 Powerful Information Nuggets That Move Prices Of Stock: Your Key To Endless Profit
The difference between losers and gainers on the stock market is information. Some investors depend on market sentiment to buy or sell shares. Most of the time, such investors lose money. They can only win 2% of the time. 98% of their investment usually go down the drain. The multiple effect of that is resentment and regret. Some naïve retirees had committed suicide because of untold loss made from ignorant investment. The awareness investor faces the danger of regret and outright backout from participating in the stock market.
The second group of investors never undermine the power of information. They spend so much to acquire the information before buying or selling any share. They know the reason why a stock price is going up and why it is going down. Investing first in information give them the cutting edge in the market. They win 98% of the time. They are the group that make unbelievable profits on the stock market.
For the sake of emphasis, I have compiled the 6 different factors that affect the movement of prices of stock on the exchange so you can use them for maximum profit in your investment and trading enterprise.
Here are the price movers:
(1) The Result: If the result of a company is good, the price will move. The level of movement on the upward swing would be determined by the strong fundamentals of the company. Take Eternal Oil for example. The good result released in June 2007 caused an increase in the price of the stock and built investors confidence who went ahead to fully subscribe the right issue thus causing another increase in price after technical suspension.
(2) The Management: Money always follow good management. UBA was crawling until Tony Elumelu became CEO of the bank. Since then, the price of the stock has moved from a mere N12 to N50 and gradually heading towards the N100 mark. The strong fundamentals and profitability of the company is yet to reflect on its current stock price hence it is grossly under-priced. It is the most profitable bank in Nigeria with the highest EPS.
(3) News About Public Offer: When there is information on public offer, the price of the stock will appreciate and it is time for smart investors to take position. It is worth of note here that this information means nothing to ordinary investors. They only see it as news not as opportunity to invest for profit. ACCESS bank move from N5 to N19 when the news of its impending public offer was released in 2007.
(4) Dividend And Bonus: News about dividend payment impact on share price of a stock. A company that declares bonus with dividend simultaneously will appreciate in price astronomically than the one that declares just dividend. FIRST BANK for example declared 1 for 1 bonus with N1 dividend in 2006. The price moved from 32 to N72. Dangote sugar quarterly dividend has not made any significant increase in the share price despite its strong fundamental.
(5) Government Policy: The ban on poultry foods and products is positively impacting the poultry business in Nigeria. Livestock Feeds is currently having good time on its share price increase as a result of increased profitability and investors confidence. Cement companies share price came down in January 2008 when Government partially reversed the policy on cement importation.
(6) Treasury Bills And Government Bonds: high returns in treasury bills can bring the price of stocks down and vice versa. Investors change their investment vehicle form time to time to make maximum profit.
Your mindset will now have to change as it affects your attitude to information on the stock exchange concerning profit making opportunities using the power of information analysed above.
INSURANCE STOCKS YOU MUST ACQUIRE BEFORE THE PRICE GETS OUT OF THE PENNY STOCK RANGE
Insurance stocks have been the delight of investors since the conclusion of the consolidation exercise. Most of the companies are warming up for the second phase of the consolidation to give them a competitive edge over other just as it is happening in the banking sector.
The banking sector no longer have any penny stock. The same scenario will soon hold for the insurance sector.
This write up is to expose you to stocks in this sector guaranteed to give you good returns on your investment. Remember that you are responsible for the risk of your decisions.
(1) Lasaco
(2) NEM
(3) Staco
(4) Aiico
(5) Cornerstone
(6) Crusader
(7) Equity Assurance
(8) Standard Alliance
(9) Mutual Benefits.
(10) Gold Link Insurance
(11) International Energy Insurance
(12) Investment and Allied Insurance
(13) Wapic
(14) Universal Insurance
(15) Lasaco
Wednesday, August 13, 2008
How To Master Your Emotion And Make Millions Trading In Stocks
What you do with information available to you at any particular point in time go a long way to decide how much profit or loss you make as an investor. The power of sentiment is very strong in taking investment decisions. Emotion or sentiment Not reason is the principal driver of the law of demand and supply. Price crash as a result of excessive sale order in response to bad news about companies on the stock exchange creates more panic in the mind of investors. At this time, little consideration is given to fundamentals of the companies.
One of the power you must acquire to really make it to the top of the millionaire’s ladder is power over your emotion. You should be ready to say no when others are saying yes. You must be able to resist the urge to sell in ‘unfavourable’ period when others are selling. Have you ever sat down to ask yourself why people should be selling when actually they should be buying? Massive wealth is being transferred when the sale is going on. Those who sell when the market is bearish (majority does) reject the opportunity to get wealthy and by so doing transfer their wealth to the more mature and informed buyers. Change your thinking and separate yourself from opinion of majority and newspapers if you want to really make millions in your investment.
The number of units you hold in any investment you make count a lot. It is far easier for someone with 10,000 units to make it faster than the one with 1,000 of shares in a company. Likewise, it is so easy for the one who has 100,000 units of shares in a company to make millions than the one having 10,000 units. The more units you hold in a stock, the faster you move up the ladder. Small scale investors with 1,000 units of shares in companies they buy are not going to make any meaningful impact. This example will suffice; the recent result of subscription of the Fidelity bank offer shows that investors with 1,000 units number to about 143,000 while those who bought 100,000 units and above are just 332. People with 1 million shares and above are about 15 in number. Can you see what I’m driving at? You have a better chance of reaching the club of the minority controlling the majority of the shares. The only time you have to shore up your unit holding is when the market is down and majority are selling in panic. You however have to be highly disciplined emotion wise at this period because all you will be hearing is nothing but negative and frightening news.
Remember that your staying power is to master your emotion and do not be moved by market sentiments. Prevailing market sentiment is always against your chance of making millions. That is the lesson from the history of stock market all over the world.
One of the power you must acquire to really make it to the top of the millionaire’s ladder is power over your emotion. You should be ready to say no when others are saying yes. You must be able to resist the urge to sell in ‘unfavourable’ period when others are selling. Have you ever sat down to ask yourself why people should be selling when actually they should be buying? Massive wealth is being transferred when the sale is going on. Those who sell when the market is bearish (majority does) reject the opportunity to get wealthy and by so doing transfer their wealth to the more mature and informed buyers. Change your thinking and separate yourself from opinion of majority and newspapers if you want to really make millions in your investment.
The number of units you hold in any investment you make count a lot. It is far easier for someone with 10,000 units to make it faster than the one with 1,000 of shares in a company. Likewise, it is so easy for the one who has 100,000 units of shares in a company to make millions than the one having 10,000 units. The more units you hold in a stock, the faster you move up the ladder. Small scale investors with 1,000 units of shares in companies they buy are not going to make any meaningful impact. This example will suffice; the recent result of subscription of the Fidelity bank offer shows that investors with 1,000 units number to about 143,000 while those who bought 100,000 units and above are just 332. People with 1 million shares and above are about 15 in number. Can you see what I’m driving at? You have a better chance of reaching the club of the minority controlling the majority of the shares. The only time you have to shore up your unit holding is when the market is down and majority are selling in panic. You however have to be highly disciplined emotion wise at this period because all you will be hearing is nothing but negative and frightening news.
Remember that your staying power is to master your emotion and do not be moved by market sentiments. Prevailing market sentiment is always against your chance of making millions. That is the lesson from the history of stock market all over the world.
The Gorilla Foundation Kit For A Successful Investment Career
The Gorilla Foundation Kit For A Successful Investment Career
Your Hidden Investment Guide Secrets To Wealth On The Nigerian Stock Exchange
Dear Friend,
You are receiving this lecture because you are one of the few Nigerians who desire timely, tested and proven information on how to climb the millionaire’s ladder on the Nigerian stock market.
Before going further, I will like to let you know who I am. My name is Benard Solomon. I’m a Medical Laboratory Scientist presently on full time job at the Pathology Department, University of Ilorin Teaching Hospital. I also run an Internet part time business to teach Nigerians How To Climb The Millionaire’s Ladder on the stock exchange. As an Author of many E-books and an investor myself, I have over the years discovered certain faults people make in their investments which may never allow them to achieve their dreams of becoming wealthy through the Nigerian stock exchange.
In order to help you avoid these common mistakes, I have paid the required price in devoting my time to Create an Easy To digest warning guide to teach you at the speed of electrons how to avoid these mistakes. I have deliberately made the information uncomplicated in order to empower you to succeed and make good money on the Nigerian stock exchange as I am doing currently.
I am building my wealth gradually and already planning my early retirement from paid job. By my accumulated knowledge on astute investment habits, I have overcome the fear of sudden loss of job staring many civil servants at the face. You better deal with that fear if you are a civil servant and learn how to live in financial freedom. My secrets of success are in calculated investing and projected preparation even at the time most people complained about bad economy.
You are going to determine whether you can become wealthy on the NSE or not depending on your attitude and the information available to you. Through this guide, I have taken care of the information aspect but your accurate use of the information is in your hands. Would you believe in what I make available to you? You can become a dominant player on the Nigerian Stock exchange as a bride of many companies like Chief Akintunde Asalu who started his investment career with just 10 units of stock
My Own Story
I started my investment career with 1000 units of stock in 2003 using N4,000 seed capital from the gift given to me at my wedding. That stock alone has grown in multiples. I used it to buy UBA shares at N4 per unit which now have a projected future price of between N80-N100 per share and I’m already climbing the wealth ladder fast on the stock exchange. For a start, here are the Hidden Secrets that laid the strong foundation for my stock investment career. I will advice you to follow it religiously if you want to climb the wealth ladder as I am doing……
(1) Get A Personal Post Office Box
You may think that this is not important and yet it is the very foundation of those raking in millions at the Nigerian Stock Exchange. Never treat this with disdain. Those who ignored this Secret key are biting their fingers in regret because of the problem they are having in claiming their profits.
Ignorant Small Scale Investors just start buying shares without first investing in a post office box.
An ignorant friend of mine invested N40,000 in a stock recently without having a private post office box. He used the address of his place of work. Nothing is wrong with that you say? No problem but let me conclude the story. Since he is not the owner of the box, he is not in control. That is where the trouble lies. Who determines when mails will be received? Who collects the mails? Who renews the subscription? He could not control all these that’s why he may lose that N40,000 plus all the accumulated dividend and bonuses forever. What is the essence of investing money in a stock and you cannot have access to your dividend, right issues and bonuses because of late reception of your mail from a third party. His first dividend overstayed in the pidgin hole of letters at the office(his place of work) hence when he eventually deposited the warrant in the bank, they politely told him that he has to apply to the registrar of the company to revalidate the warrant. It has expired. That order is a wild goose chase. If you know the history of unclaimed dividend in Nigeria you will understand what I’m talking about. His profit is now in the category of unclaimed dividend. Nigerians who have been unfortunate to fall into that group over the past 20-25 years are still licking their wounds because they could not have access to their monies.
Why should you pass through that agony when you can easily inexpensively acquire a private post office box and you decide how and when to collect your dividend on time? You should be in control.
That N40,000 of my friend I was talking about have a future value of up to N40 million. This is because the stock in question is very viable. So, my friend be wise! It does not cost more than between N2,000 –N2,500 to open a private post office Box. Your investment in a private box is a sure fire way to protecting your investment and future wealth which will be stuffing your box.
Walk into any post office closer to you and you’ll be amazed how easy it is to acquire a box. Do not be afraid even if you are a student.
Students could use their parent’s box but civil servants and private business owners should acquire personal post office box. Even with the advent of e-dividend, ownership of post office box is still vital for your investment success.
Now we go to the next basic foundation for stock wealth….
(2) Buy Your IPO forms Through Issuing Banks/ Institutions and Their Branches
To avoid the mistake of getting your shares in the groups of late subscribers who fall victim of rejection, always go to issuing banks to purchase your IPO form and submit it at the same place. Our newspapers are filled with complains and appeal for release of share certificates by victims who do not know this Secret.
I discovered this secret recently during the IPO offer Of Neimeth International. Diamond bank was the issuing bank but the forms are available at other sale outlets.
Issuing banks/organizations usually have the enthusiasm to sell the forms and make more profit but the case is not the same with non-issuing banks who show less enthusiasm. Some of them may not even display the poster of the offer leading to low awareness and patronage.
After the close of sale, such non-issuing banks return the forms late because of the low patronage and less profit they make. Such attitude affect the investors who fall victims for a sin they did not commit. One of the fastest ways to wealth is to succeed in many viable cheap stocks as much as possible.
I used this secret to purchase my form at Diamond Bank instead of Afribank then.
Those living in villages or small towns should take note of this Secret. Go to the nearest Headquarters of issuing banks to buy your form so as to escape the harmer of application rejection. Small bank branches in villages usually record low patronage hence low enthusiasm in returning the applications to the offering companies.
When you use this secret, you will enjoy:
(1) Full subscription as a small scale investor
(2) Initial appreciation in capital of a viable stock e.g. Zenith Bank
(3) Satisfaction of part ownership of a profitable company
(4) Several dividend payment and bonus gain
The third basic foundation secret is revealed below….
(3) Fill Your Forms Properly and Legibly
Many potential millionaires have lost future opportunities because they suffered rejection of their applications as a result of improper filling of forms and rough handwriting. Make sure your handwriting is clear when filling share form. If you are a beginner, get somebody who is experienced to do it for you. You can fill the form at the counter of the bank through the assistance of the cashier who sold the form to you.
These are the basic Foundation Secrets I believe will give you a sound footing and enable you to create a lifetime wealth in the Nigerian stock exchange.
Here is the fourth vital step you must take to lay a sound foundation for your stock wealth….
(4) Make Sure You Have A Current account
For you to convert your dividend warrant into cash, you must have a current account. That is what most bank require to process your paper money i.e. dividend warrant into cash. Many ignorant small scale investors have not been able to enjoy their investment profits because they do not have a current account. Be wise! I do not see the wisdom in buying shares and loose out when it is time to reap the fruit of your labour just because you lack this vital tool. Your bank will process your dividend warrant and pay it into your current account where you can later make withdrawal in cash.
Unity Bank has launched a product called BETA savings account to encourage small businesses and promote saving culture in Nigeria. Investors are also allowed to pay their dividend warrant into this savings account. This is a good news for small scale investors.
(5) If you want to hold a share jointly with anybody make sure you are both running a joint account. This is especially true for couples who buy shares and co-own it. No bank will ever process your dividend warrant for you if you do not own a joint account. This is necessary because of security reasons. Banks keep confidential record of your transactions with them so they may not allow anybody to pry into the account of another individual without his consent. For example let’s say you hold a joint share with your husband or wife and both of you have different account numbers; the bank will refuse to process your dividend warrant which you jointly hold into any of your individual accounts except into an account you run together with the bank so take note of this factor before buying joint shares. You may suffer a lot of financial loss if you ignore it. It is better for you to buy your shares individually if you do not have a joint bank account or open another joint account apart from your individual current accounts so that you can convert your dividend warrant into cash without stress whenever it is sent to you.
To Your Success,
Benard Solomon
Your Investment Consultant
Your Hidden Investment Guide Secrets To Wealth On The Nigerian Stock Exchange
Dear Friend,
You are receiving this lecture because you are one of the few Nigerians who desire timely, tested and proven information on how to climb the millionaire’s ladder on the Nigerian stock market.
Before going further, I will like to let you know who I am. My name is Benard Solomon. I’m a Medical Laboratory Scientist presently on full time job at the Pathology Department, University of Ilorin Teaching Hospital. I also run an Internet part time business to teach Nigerians How To Climb The Millionaire’s Ladder on the stock exchange. As an Author of many E-books and an investor myself, I have over the years discovered certain faults people make in their investments which may never allow them to achieve their dreams of becoming wealthy through the Nigerian stock exchange.
In order to help you avoid these common mistakes, I have paid the required price in devoting my time to Create an Easy To digest warning guide to teach you at the speed of electrons how to avoid these mistakes. I have deliberately made the information uncomplicated in order to empower you to succeed and make good money on the Nigerian stock exchange as I am doing currently.
I am building my wealth gradually and already planning my early retirement from paid job. By my accumulated knowledge on astute investment habits, I have overcome the fear of sudden loss of job staring many civil servants at the face. You better deal with that fear if you are a civil servant and learn how to live in financial freedom. My secrets of success are in calculated investing and projected preparation even at the time most people complained about bad economy.
You are going to determine whether you can become wealthy on the NSE or not depending on your attitude and the information available to you. Through this guide, I have taken care of the information aspect but your accurate use of the information is in your hands. Would you believe in what I make available to you? You can become a dominant player on the Nigerian Stock exchange as a bride of many companies like Chief Akintunde Asalu who started his investment career with just 10 units of stock
My Own Story
I started my investment career with 1000 units of stock in 2003 using N4,000 seed capital from the gift given to me at my wedding. That stock alone has grown in multiples. I used it to buy UBA shares at N4 per unit which now have a projected future price of between N80-N100 per share and I’m already climbing the wealth ladder fast on the stock exchange. For a start, here are the Hidden Secrets that laid the strong foundation for my stock investment career. I will advice you to follow it religiously if you want to climb the wealth ladder as I am doing……
(1) Get A Personal Post Office Box
You may think that this is not important and yet it is the very foundation of those raking in millions at the Nigerian Stock Exchange. Never treat this with disdain. Those who ignored this Secret key are biting their fingers in regret because of the problem they are having in claiming their profits.
Ignorant Small Scale Investors just start buying shares without first investing in a post office box.
An ignorant friend of mine invested N40,000 in a stock recently without having a private post office box. He used the address of his place of work. Nothing is wrong with that you say? No problem but let me conclude the story. Since he is not the owner of the box, he is not in control. That is where the trouble lies. Who determines when mails will be received? Who collects the mails? Who renews the subscription? He could not control all these that’s why he may lose that N40,000 plus all the accumulated dividend and bonuses forever. What is the essence of investing money in a stock and you cannot have access to your dividend, right issues and bonuses because of late reception of your mail from a third party. His first dividend overstayed in the pidgin hole of letters at the office(his place of work) hence when he eventually deposited the warrant in the bank, they politely told him that he has to apply to the registrar of the company to revalidate the warrant. It has expired. That order is a wild goose chase. If you know the history of unclaimed dividend in Nigeria you will understand what I’m talking about. His profit is now in the category of unclaimed dividend. Nigerians who have been unfortunate to fall into that group over the past 20-25 years are still licking their wounds because they could not have access to their monies.
Why should you pass through that agony when you can easily inexpensively acquire a private post office box and you decide how and when to collect your dividend on time? You should be in control.
That N40,000 of my friend I was talking about have a future value of up to N40 million. This is because the stock in question is very viable. So, my friend be wise! It does not cost more than between N2,000 –N2,500 to open a private post office Box. Your investment in a private box is a sure fire way to protecting your investment and future wealth which will be stuffing your box.
Walk into any post office closer to you and you’ll be amazed how easy it is to acquire a box. Do not be afraid even if you are a student.
Students could use their parent’s box but civil servants and private business owners should acquire personal post office box. Even with the advent of e-dividend, ownership of post office box is still vital for your investment success.
Now we go to the next basic foundation for stock wealth….
(2) Buy Your IPO forms Through Issuing Banks/ Institutions and Their Branches
To avoid the mistake of getting your shares in the groups of late subscribers who fall victim of rejection, always go to issuing banks to purchase your IPO form and submit it at the same place. Our newspapers are filled with complains and appeal for release of share certificates by victims who do not know this Secret.
I discovered this secret recently during the IPO offer Of Neimeth International. Diamond bank was the issuing bank but the forms are available at other sale outlets.
Issuing banks/organizations usually have the enthusiasm to sell the forms and make more profit but the case is not the same with non-issuing banks who show less enthusiasm. Some of them may not even display the poster of the offer leading to low awareness and patronage.
After the close of sale, such non-issuing banks return the forms late because of the low patronage and less profit they make. Such attitude affect the investors who fall victims for a sin they did not commit. One of the fastest ways to wealth is to succeed in many viable cheap stocks as much as possible.
I used this secret to purchase my form at Diamond Bank instead of Afribank then.
Those living in villages or small towns should take note of this Secret. Go to the nearest Headquarters of issuing banks to buy your form so as to escape the harmer of application rejection. Small bank branches in villages usually record low patronage hence low enthusiasm in returning the applications to the offering companies.
When you use this secret, you will enjoy:
(1) Full subscription as a small scale investor
(2) Initial appreciation in capital of a viable stock e.g. Zenith Bank
(3) Satisfaction of part ownership of a profitable company
(4) Several dividend payment and bonus gain
The third basic foundation secret is revealed below….
(3) Fill Your Forms Properly and Legibly
Many potential millionaires have lost future opportunities because they suffered rejection of their applications as a result of improper filling of forms and rough handwriting. Make sure your handwriting is clear when filling share form. If you are a beginner, get somebody who is experienced to do it for you. You can fill the form at the counter of the bank through the assistance of the cashier who sold the form to you.
These are the basic Foundation Secrets I believe will give you a sound footing and enable you to create a lifetime wealth in the Nigerian stock exchange.
Here is the fourth vital step you must take to lay a sound foundation for your stock wealth….
(4) Make Sure You Have A Current account
For you to convert your dividend warrant into cash, you must have a current account. That is what most bank require to process your paper money i.e. dividend warrant into cash. Many ignorant small scale investors have not been able to enjoy their investment profits because they do not have a current account. Be wise! I do not see the wisdom in buying shares and loose out when it is time to reap the fruit of your labour just because you lack this vital tool. Your bank will process your dividend warrant and pay it into your current account where you can later make withdrawal in cash.
Unity Bank has launched a product called BETA savings account to encourage small businesses and promote saving culture in Nigeria. Investors are also allowed to pay their dividend warrant into this savings account. This is a good news for small scale investors.
(5) If you want to hold a share jointly with anybody make sure you are both running a joint account. This is especially true for couples who buy shares and co-own it. No bank will ever process your dividend warrant for you if you do not own a joint account. This is necessary because of security reasons. Banks keep confidential record of your transactions with them so they may not allow anybody to pry into the account of another individual without his consent. For example let’s say you hold a joint share with your husband or wife and both of you have different account numbers; the bank will refuse to process your dividend warrant which you jointly hold into any of your individual accounts except into an account you run together with the bank so take note of this factor before buying joint shares. You may suffer a lot of financial loss if you ignore it. It is better for you to buy your shares individually if you do not have a joint bank account or open another joint account apart from your individual current accounts so that you can convert your dividend warrant into cash without stress whenever it is sent to you.
To Your Success,
Benard Solomon
Your Investment Consultant
Introduction To The Nigerian Stock Market
Introduction To The Nigerian Stock Market
The Nigerian stock market is a phenomenon! I had watched it grow from less than a trillion naira total capitalization in 1999 during the advent of democracy to more than 12 trillion naira within the space of 8 years since the beginning of the Obasanjo regime and more than 10 trillion naira in recent times. That is an average annual growth of 1.25 trillion naira. The total capitalization of the stock exchange is therefore in multiples of the Nigerian annual budget which is less than 3 trillion naira. This is to say the stock market in Nigeria can conveniently fund the Federal budget of Nigeria many times over if there is no revenue accruing from oil and other sources of income for Government.
The potential of the Nigerian stock exchange in creating wealth for individuals and helping them to attain financial stability, comfort and freedom cannot be overemphasized. It is a system that affords civil servants especially to insulate themselves from financial instability occasioned by unfavourable policy of Government as is affects salary and wages. Undoubtedly, it is no more news that the salary a Government worker earns cannot take him home as it is commonly said by civil servants.
Statistically, less than 1% of the Nigerian populace currently invests in the Nigerian stock market. This is despite the fact that there is increased awareness of the stock exchange occasioned by the heavy publicity of the exchange’s management, Banks and other companies assessing the exchange for funds and complementary educational activities of NGOs.
For the civil servant, the scenario is more pathetic in terms of active investment in the stock exchange. This is due to the poor financial and investment habits of civil servants whose lifestyle and financial habits favours acquisition of liabilities which they erroneously belief to be assets. The financial status of majority of civil servants is being daily threatened by inflation and increase in responsibilities to parents, nuclear family, other dependants, the society and religious organizations to which they belong.
This book is as a result of the author’s desire to make available to civil servants, businessmen, students and young graduates life- changing information on the secrets of profitable investment in the Nigerian stock market. The information I’m placing at your disposal now was strictly reserved for few people when it was first written in 2004 to test its practicability. Between then and now, I had seen the radical change in their financial status and investment habits due to the positive impact the information in this manual had on them. They paid between N2,000 and N5,000 for the manual.
The result of the testing encouraged me to make the information available to more Nigerians in its electronic form( E-Book) through the internet. Here are the testimonies of the lucky individuals who purchased it across the Country:
‘SIR YOUR EBOOK TO ME IS A SURE BANKER.WHY I BOUGHT IT THIS TIME IS THAT I REALISED THAT IT IS NOT EASY FOR ONE TO LEAD HIMSELF AND SUCCEED. I JOINED CAPITAL MARKET 2005 , FROM THEN I HAVE MADE MANY INVESTMENT MISTAKES BUT NOW I USE YOUR EBOOK AS MY GUIDE AND I HAVE STARTED TO SEE LIGHT COMING INTO MY INVESTMENT PLAN TNANKS. AZUBUIKE FROM PORT HARCOURT’
AZUBUIKE NWOGU
ranzubuogu@yahoo.com
‘Complement of the season Mr. Solomon I am very much grateful to God I’ve met a person like you who is showing much interest in the upliftment of those who are financially incapacitated ie still looking out for their financial breakthrough.
I got you resent letter to me to be sincere I was very glad when I received the E-book going through it, I discovered that with the analysis of those corporation or institutions, the E-book is not just a book but an oracle and a path to wealth with peace of mind. It was am eye opener to a hidden direction. For your information I have also bought into ABC recently 10,000 units more strength to your elbow and remains blessed’.
Anthony Osang, Lagos
Thanks.
‘Hello,
Thanks for the ebook, i must confess that i would have been trading in NSE for sometimes now if i have got it earlier than now.
It is a secret everyone should know and have, waiting to hear from you soon.
God bless.’
Rev.Stephen Babatunde Abobade
Akure
08032582512
‘Mr. Solomon,
Thanks for your response in sending the E-book on Climbing the Millionaire's ladder.
I have read the book. It is highly educative. In fact I have begun to plan and act in buying some stocks which I would not have ever attempt to buy. One of them is Neimeth. The other one is Tripple Gee. My going into these stocks was as a result of my coming in contact with you and your publications. Thanks for sharing your ideas with people like me.’
Yours truly,
Love Ojumupy45km
08033462618
‘Sir,
Infact, I thank u for the E-book u sent, this book is more than the price u sell it because when I read through the book, I saw all the informations I need to in this book, I really thank, more power to your elbow sir.
Bye’
Ademola Wasiu
Abuja
demmyzenny001@yahoo.com
08034423605
These satisfied users of the manual had since found joy and satisfaction through the financial solution placed at their disposal which has transformed them to high financial pedestal, earn them respect from their family and community and given them greater hope in achieving financial success in Nigeria without going abroad.
This is now the time for you to experience the power of information that will practically uplift you from the dungeon of financial distress and catastrophy to financial freedom. You will not be among those looking up to Government pension after retirement to survive. Your pension administrator will be the one begging you to come and draw your money instead of you running after them.
In this book, you will find simple, easy to apply stock investment tips and strategies that will widen your financial horizon without cheating on your employer and make you regret not starting your stock investment career earlier.
O.k now, let’s talk about you.
You are reading this free report because you have taken time to think about your future and family responsibilities. You do not want to be destroyed by poverty. You want the good things of life. You want the best for your spouse, children and other dependants. As for your children, you want to give them the best education. You want to leave the rat race. Your salary can no longer meet your insatiable needs. You may even be in devastating debt situation. Above all, you have been hearing a lot of noise about the Nigerian stock market and you want to Make It In The Nigerian Stock Market Building Your Wealth From Ground Floor Up.
It is possible. Knowing your Present Situation By Careful Analysis Can Help You Understand Better What Step To Take And How To Invest Your Way Out Of Poverty.
As you are reading this report, you’ll belong to one these categories of people in Nigeria:
(1) A Career Person
(2) A Businessman/Woman
(3) A Youth/Student
(4) A Pastor/Minister of God
Let us analyze the situation of people in these categories and see the future that awaits them:
A Career Person
You are either working for government or a private company. You live on salary. Your salary cannot take you home talk less of meeting your needs. Those who depended on government or their companies to take care of their future lived to regret it later in life at old age. The story of Nigerian pensioners and civil servants is a bad and terrible case study. They struggle to meet their needs in their working years and get abandoned by government at old age after retirement. You see, government has a history of defaulting in paying pension to retired civil servants. The day you step out of the gate after your colleagues had sent you off in your place of work is the day your story is closed. You become history. You no longer command the respect hitherto given to you. To make matters worse, your salary is slashed by 5 times. This is at the time you need more money to take care of your needs at old age.
I beg you not to allow government or the company you are working for to be in control of your financial future. Old pensioners are gradually dropping dead on queue for gratuity payment that never came. If you are a civil servant reading this write up, put on your thinking cap and get your financial life out of the hand of government as fast as possible. The earlier you get that done, the better your future would be. Let me share the secret I recently discovered with you. The new pension scheme is worst than the old one. It is a booby trap for civil servants. If you do not start aggressive investment now, you will regret it later. Be warned. Okay, we move to next category.
You Are A Businessman/Woman
That is good. You own your business. You are in charge but your business is controlling you. You are not financially free. If you are not there, the business will collapse. The money you make depend largely on the time you physically devote to the business. Time is money is your slogan. But history has shown that all businesses has cycles. No matter how profitable your business is today, a down turn will come. That is a natural trend. The income coming will soon stop flowing because it must obey the law of cycles. You see, you are earning linear income. As a professional may be medical Doctor, pharmacist, accountant or engineer, you are making it from your business as self employed but do you know what? You’ll never be financially free if you continue with your present mindset. You must have a turn around and get yourself on the path of passive income-that is money that comes in when you are not working for it. You need skills to make money work for you.
I agree. You say you are not a businessman but…..
You Are A Student/Youth
Everything seems to be to your advantage. You are young and hopeful. The future is bright. You have dreams and ambition. My problem with you is that you are being trained by the Nigerian school system to look for job after your education. It is a pity. Thousands of unemployed graduates are already waiting in the unemployment market seeking for jobs that is not available. The available jobs needs new skills and new ways of thinking. Data available reveals that 60% of Nigerian graduates are unemployable. The world has left them behind. Is that the kind of future you say you are preparing for? I do not wish you such. But your life is in your hands. Your attitude will determine your future financial altitude.
You Are Non Of The Above But A Pastor
Yes. Listen man of God. You stand a better chance of influencing your congregation for good if you are financially free. Depending of your congregation for source of livelihood can be frustrating. They will despise and look down on you. You should be a good model to them in investing for life and eternity. Never neglect your financial well -being. Your spouse will love you more and respect you. Your ministry will grow and bring more souls to the kingdom. Ca va?
How You Can Make It In The Nigerian Stock Market Is My Business In This Report
2008 has already broken record as one of the worst year for investors in Nigeria. Hope of many has been dashed because they lacked timely information. Don’t worry, I will explain myself.
First Bank Plc had an IPO in 2007. More than 500% of those who invested in that offer had their monies returned in 2008. Unfortunately, most people borrowed millions to invest in that offer. They paid interest to their creditors with the hope of making profit when the share appreciates. That never happened. Their applications were rejected simply due to over-subscription. If they had been priviledged to have the information I made available to my protégé, they could not have foolishly bought into that IPO. Some investors have even organized themselves and sued the bank for returning their monies. Who is losing?
Let me give you another example so that you know how information can save your neck and keep you at peace in times of uncertainty in the Nigerian stock market.
Since march 2008, things have been very bad for most investors on the stock market. Billions has been lost as a result of wrong entry and exit timing. The bears staged a devastating come back and had a firm control on the market. Yet it is that same period I made 116% gain in one of my investments through trading.
Those who rushed to buy Afroil are now biting their fingers. Stock brokers dubiously and aggressively mobilized the public to buy into that dead stock. I don’t want you to be a loser. I want you to Make It In The Nigerian Stock Market.
I have written A Book currently making waves in the market titled-‘Stock Trading For Dummies’ The book will expose you to rare investment secrets your millionaire neighbour never wish you know. The book will reveal to you how to make more than 1000% profit in the next 4 years. Guaranteed. You will also learn:
· How to make regular, unimaginable profits up to 100% or more trading in stocks.
· How To Avoid common Investment Mistakes
· How To Win In Bull And Bear Markets
· How To Develop The Millionaire’s Mindset In The Nigerian Stock Market
· How To Grow Your Passive Income To Beat Your Current Salary
· How To Outsmart Your Dubious Stock Broker
· How To Be Your Own Stock Analyst And Picker
· How To Permanently Defeat Poverty In Your Family
· How To Start Small And Grow Your Investment
· Rare Stocks You Never Knew Exist That Can Turn You Into Instant Millionaire
· How To Consistently Gain When Others Are Losing
· Where To Put Your Money And Have Peace Of Mind
You will also discover reputable brokers you can do business with. The E-Book is so simplified that any dummy can understand the tips and strategies for winning investment in the book.
Warning
As you read through this book, the inspiration to act swiftly can come to you at any page of the manual. When it does come, do not ignore it. Take immediate action to apply the principles revealed to you. I wish you good luck as you truly commence your investment career.
Benard Solomon
Your Investment Consultant
Note: Send email to megastock14@yahoo.com for ordering instructions on my book-‘ Stock Trading For Dummies’.
The Nigerian stock market is a phenomenon! I had watched it grow from less than a trillion naira total capitalization in 1999 during the advent of democracy to more than 12 trillion naira within the space of 8 years since the beginning of the Obasanjo regime and more than 10 trillion naira in recent times. That is an average annual growth of 1.25 trillion naira. The total capitalization of the stock exchange is therefore in multiples of the Nigerian annual budget which is less than 3 trillion naira. This is to say the stock market in Nigeria can conveniently fund the Federal budget of Nigeria many times over if there is no revenue accruing from oil and other sources of income for Government.
The potential of the Nigerian stock exchange in creating wealth for individuals and helping them to attain financial stability, comfort and freedom cannot be overemphasized. It is a system that affords civil servants especially to insulate themselves from financial instability occasioned by unfavourable policy of Government as is affects salary and wages. Undoubtedly, it is no more news that the salary a Government worker earns cannot take him home as it is commonly said by civil servants.
Statistically, less than 1% of the Nigerian populace currently invests in the Nigerian stock market. This is despite the fact that there is increased awareness of the stock exchange occasioned by the heavy publicity of the exchange’s management, Banks and other companies assessing the exchange for funds and complementary educational activities of NGOs.
For the civil servant, the scenario is more pathetic in terms of active investment in the stock exchange. This is due to the poor financial and investment habits of civil servants whose lifestyle and financial habits favours acquisition of liabilities which they erroneously belief to be assets. The financial status of majority of civil servants is being daily threatened by inflation and increase in responsibilities to parents, nuclear family, other dependants, the society and religious organizations to which they belong.
This book is as a result of the author’s desire to make available to civil servants, businessmen, students and young graduates life- changing information on the secrets of profitable investment in the Nigerian stock market. The information I’m placing at your disposal now was strictly reserved for few people when it was first written in 2004 to test its practicability. Between then and now, I had seen the radical change in their financial status and investment habits due to the positive impact the information in this manual had on them. They paid between N2,000 and N5,000 for the manual.
The result of the testing encouraged me to make the information available to more Nigerians in its electronic form( E-Book) through the internet. Here are the testimonies of the lucky individuals who purchased it across the Country:
‘SIR YOUR EBOOK TO ME IS A SURE BANKER.WHY I BOUGHT IT THIS TIME IS THAT I REALISED THAT IT IS NOT EASY FOR ONE TO LEAD HIMSELF AND SUCCEED. I JOINED CAPITAL MARKET 2005 , FROM THEN I HAVE MADE MANY INVESTMENT MISTAKES BUT NOW I USE YOUR EBOOK AS MY GUIDE AND I HAVE STARTED TO SEE LIGHT COMING INTO MY INVESTMENT PLAN TNANKS. AZUBUIKE FROM PORT HARCOURT’
AZUBUIKE NWOGU
ranzubuogu@yahoo.com
‘Complement of the season Mr. Solomon I am very much grateful to God I’ve met a person like you who is showing much interest in the upliftment of those who are financially incapacitated ie still looking out for their financial breakthrough.
I got you resent letter to me to be sincere I was very glad when I received the E-book going through it, I discovered that with the analysis of those corporation or institutions, the E-book is not just a book but an oracle and a path to wealth with peace of mind. It was am eye opener to a hidden direction. For your information I have also bought into ABC recently 10,000 units more strength to your elbow and remains blessed’.
Anthony Osang, Lagos
Thanks.
‘Hello,
Thanks for the ebook, i must confess that i would have been trading in NSE for sometimes now if i have got it earlier than now.
It is a secret everyone should know and have, waiting to hear from you soon.
God bless.’
Rev.Stephen Babatunde Abobade
Akure
08032582512
‘Mr. Solomon,
Thanks for your response in sending the E-book on Climbing the Millionaire's ladder.
I have read the book. It is highly educative. In fact I have begun to plan and act in buying some stocks which I would not have ever attempt to buy. One of them is Neimeth. The other one is Tripple Gee. My going into these stocks was as a result of my coming in contact with you and your publications. Thanks for sharing your ideas with people like me.’
Yours truly,
Love Ojumupy45km
08033462618
‘Sir,
Infact, I thank u for the E-book u sent, this book is more than the price u sell it because when I read through the book, I saw all the informations I need to in this book, I really thank, more power to your elbow sir.
Bye’
Ademola Wasiu
Abuja
demmyzenny001@yahoo.com
08034423605
These satisfied users of the manual had since found joy and satisfaction through the financial solution placed at their disposal which has transformed them to high financial pedestal, earn them respect from their family and community and given them greater hope in achieving financial success in Nigeria without going abroad.
This is now the time for you to experience the power of information that will practically uplift you from the dungeon of financial distress and catastrophy to financial freedom. You will not be among those looking up to Government pension after retirement to survive. Your pension administrator will be the one begging you to come and draw your money instead of you running after them.
In this book, you will find simple, easy to apply stock investment tips and strategies that will widen your financial horizon without cheating on your employer and make you regret not starting your stock investment career earlier.
O.k now, let’s talk about you.
You are reading this free report because you have taken time to think about your future and family responsibilities. You do not want to be destroyed by poverty. You want the good things of life. You want the best for your spouse, children and other dependants. As for your children, you want to give them the best education. You want to leave the rat race. Your salary can no longer meet your insatiable needs. You may even be in devastating debt situation. Above all, you have been hearing a lot of noise about the Nigerian stock market and you want to Make It In The Nigerian Stock Market Building Your Wealth From Ground Floor Up.
It is possible. Knowing your Present Situation By Careful Analysis Can Help You Understand Better What Step To Take And How To Invest Your Way Out Of Poverty.
As you are reading this report, you’ll belong to one these categories of people in Nigeria:
(1) A Career Person
(2) A Businessman/Woman
(3) A Youth/Student
(4) A Pastor/Minister of God
Let us analyze the situation of people in these categories and see the future that awaits them:
A Career Person
You are either working for government or a private company. You live on salary. Your salary cannot take you home talk less of meeting your needs. Those who depended on government or their companies to take care of their future lived to regret it later in life at old age. The story of Nigerian pensioners and civil servants is a bad and terrible case study. They struggle to meet their needs in their working years and get abandoned by government at old age after retirement. You see, government has a history of defaulting in paying pension to retired civil servants. The day you step out of the gate after your colleagues had sent you off in your place of work is the day your story is closed. You become history. You no longer command the respect hitherto given to you. To make matters worse, your salary is slashed by 5 times. This is at the time you need more money to take care of your needs at old age.
I beg you not to allow government or the company you are working for to be in control of your financial future. Old pensioners are gradually dropping dead on queue for gratuity payment that never came. If you are a civil servant reading this write up, put on your thinking cap and get your financial life out of the hand of government as fast as possible. The earlier you get that done, the better your future would be. Let me share the secret I recently discovered with you. The new pension scheme is worst than the old one. It is a booby trap for civil servants. If you do not start aggressive investment now, you will regret it later. Be warned. Okay, we move to next category.
You Are A Businessman/Woman
That is good. You own your business. You are in charge but your business is controlling you. You are not financially free. If you are not there, the business will collapse. The money you make depend largely on the time you physically devote to the business. Time is money is your slogan. But history has shown that all businesses has cycles. No matter how profitable your business is today, a down turn will come. That is a natural trend. The income coming will soon stop flowing because it must obey the law of cycles. You see, you are earning linear income. As a professional may be medical Doctor, pharmacist, accountant or engineer, you are making it from your business as self employed but do you know what? You’ll never be financially free if you continue with your present mindset. You must have a turn around and get yourself on the path of passive income-that is money that comes in when you are not working for it. You need skills to make money work for you.
I agree. You say you are not a businessman but…..
You Are A Student/Youth
Everything seems to be to your advantage. You are young and hopeful. The future is bright. You have dreams and ambition. My problem with you is that you are being trained by the Nigerian school system to look for job after your education. It is a pity. Thousands of unemployed graduates are already waiting in the unemployment market seeking for jobs that is not available. The available jobs needs new skills and new ways of thinking. Data available reveals that 60% of Nigerian graduates are unemployable. The world has left them behind. Is that the kind of future you say you are preparing for? I do not wish you such. But your life is in your hands. Your attitude will determine your future financial altitude.
You Are Non Of The Above But A Pastor
Yes. Listen man of God. You stand a better chance of influencing your congregation for good if you are financially free. Depending of your congregation for source of livelihood can be frustrating. They will despise and look down on you. You should be a good model to them in investing for life and eternity. Never neglect your financial well -being. Your spouse will love you more and respect you. Your ministry will grow and bring more souls to the kingdom. Ca va?
How You Can Make It In The Nigerian Stock Market Is My Business In This Report
2008 has already broken record as one of the worst year for investors in Nigeria. Hope of many has been dashed because they lacked timely information. Don’t worry, I will explain myself.
First Bank Plc had an IPO in 2007. More than 500% of those who invested in that offer had their monies returned in 2008. Unfortunately, most people borrowed millions to invest in that offer. They paid interest to their creditors with the hope of making profit when the share appreciates. That never happened. Their applications were rejected simply due to over-subscription. If they had been priviledged to have the information I made available to my protégé, they could not have foolishly bought into that IPO. Some investors have even organized themselves and sued the bank for returning their monies. Who is losing?
Let me give you another example so that you know how information can save your neck and keep you at peace in times of uncertainty in the Nigerian stock market.
Since march 2008, things have been very bad for most investors on the stock market. Billions has been lost as a result of wrong entry and exit timing. The bears staged a devastating come back and had a firm control on the market. Yet it is that same period I made 116% gain in one of my investments through trading.
Those who rushed to buy Afroil are now biting their fingers. Stock brokers dubiously and aggressively mobilized the public to buy into that dead stock. I don’t want you to be a loser. I want you to Make It In The Nigerian Stock Market.
I have written A Book currently making waves in the market titled-‘Stock Trading For Dummies’ The book will expose you to rare investment secrets your millionaire neighbour never wish you know. The book will reveal to you how to make more than 1000% profit in the next 4 years. Guaranteed. You will also learn:
· How to make regular, unimaginable profits up to 100% or more trading in stocks.
· How To Avoid common Investment Mistakes
· How To Win In Bull And Bear Markets
· How To Develop The Millionaire’s Mindset In The Nigerian Stock Market
· How To Grow Your Passive Income To Beat Your Current Salary
· How To Outsmart Your Dubious Stock Broker
· How To Be Your Own Stock Analyst And Picker
· How To Permanently Defeat Poverty In Your Family
· How To Start Small And Grow Your Investment
· Rare Stocks You Never Knew Exist That Can Turn You Into Instant Millionaire
· How To Consistently Gain When Others Are Losing
· Where To Put Your Money And Have Peace Of Mind
You will also discover reputable brokers you can do business with. The E-Book is so simplified that any dummy can understand the tips and strategies for winning investment in the book.
Warning
As you read through this book, the inspiration to act swiftly can come to you at any page of the manual. When it does come, do not ignore it. Take immediate action to apply the principles revealed to you. I wish you good luck as you truly commence your investment career.
Benard Solomon
Your Investment Consultant
Note: Send email to megastock14@yahoo.com for ordering instructions on my book-‘ Stock Trading For Dummies’.
Basic Stock Exchange Language You Must Learn
Basic Stock Exchange Language You Must Learn
This section is meant to help you understand basic language of the stock market anywhere in the world. Your level of understanding of the operation of the stock market shall be enhanced and your curiosity further awakened to learn more about stock exchange’s vocabulary. Mastery of this language is enough to turn you into a highly sought after expert and attract many people to you like sugar is attracted to ant.
Shares
This is the unit into which the total capital of a company is divided. Your holding or share/portion represents equal part of ownership in relationship with the ownership of others. The ownership you claim depends on how many units of shares you hold at any point in time.
Other words with same meaning include equity and stock.
Share Holder
A share holder is a person who owns part of the stock of a company. He is entitled to the profit and loss of the business. Other benefits of a share holder include bonus, right issues, dividend, attendance at annual general meeting, opportunity to become a member of the board of a company etc.
Share holders have been organized into pressure group whose code of conduct have been designed by the Nigerian Stock Exchange management to further the interest of share holders and to positively influence board of companies in taking sound business decisions.
Share Certificate
This is a piece of customize paper given to investors or share holders by registrars of companies in which they invest. The certificate shows evidence of your part ownership of the company stating categorically the number of units you are holding and the period it was issued.
Share certificate is often given to investors who buy shares through public offerings like Initial Public Offering (IPO). E.g. Dangote Sugar IPO of November 2006.
Share Worth
Your share worth is the currency worth of your total holding in a company at any given time. The worth could be in naira or dollar.
If you have 5,000 units of shares in Ikeja Hotels for example at a current price of N5, your share worth is 5,000 * 5 =N25,000.
Any increase in the price of the share will definitely shoot up your share worth and vice versa.
Capital Appreciation
An increase in the share price of a company over time is referred to as capital appreciation. This increase could happen immediately after the completion of an IPO, lifting of technical suspension, restructuring of shares etc.
Investors who engage in long term investment often benefit from capital appreciation e.g. UBA moved from N10 in 2004 to 53 by October 2007.
Stocks
This has a similar meaning with the shares you own in a company. This term is however applicable when the company shares are listed on the stock exchange for trading.
Classification Of Shares
Shares are classified based on certain rules and conditions for investment by share holders. The rules determine the time and how dividend would be paid.
Shares are classified into ordinary shares, preference shares and convertible preference shares.
Ordinary Shares
Shares sold to the public through IPO are often called ordinary shares. It allows participation by investors of all shades and interests. E.g. Zenith Bank IPO of 2004 was sold as ordinary shares to the public at N10.60k
Preference Shares
Shares sold to certain categories of preferred investors before a company is listed on the stock exchange is called preference shares. Such investors are usually highly rated investors who can invest huge amount to shore up the capital base of the company. E.g. Oceanic bank sold preference shares to Dangote and other investors at N3.00 before listing it on the exchange at N6 in 2005.
When preference shares are sold, a private placement is said to be made.
Convertible Preference Shares
Investors could convert their preference shares obtained during private placement to ordinary shares. The investor decides when and why that is done. It might be to partake in dividend payment of ordinary shares or to secure voting right at AGM which preference share holders do not enjoy.
Company Register
The registrar of a company is the firm that stands between the company selling shares to the public and the share holder. The registrar issue out share certificates and keep the data of the share holders. E.g. Zenith registrar is the registrar to Dangote Sugar IPO issued in November 2006.
Any problem arising from missing share certificates, error in names and dividend payment is usually handled by the registrar.
Capital Market
This is another name for the stock market or stock exchange. E.g. Nigerian stock exchange (NSE), New York Stock Exchange (NYE) etc.
The stocks of quoted companies are traded daily on the capital market. It is where companies seek for funds to run their businesses or enlarge their services.
Money Market
This refers to banks and other financial institutions which deal mainly in cash and loan to investors seeking for funds to run their businesses. Instruments such as cheque, bank draft, money order are features of the money market.
Stock Broker
This is a trained professional who specializes in buying and selling shares for investors at the stock exchange.
Investors who do not have a stock broker cannot trade on their shares.
Most stockbrokers run firms to take care of the interest of their numerous clients and keep the records and account of such clients. Examples include Cash Craft Asset Management and BGL Securities. They are members of the Nigerian Stock Exchange.
Stock Jobber
This is a member of the stock exchange through whom stockbrokers buy and sell shares. Stockjobbers operate daily register to reflect transactions they carry out on the floor of the exchange. The register is called jobber’s book.
Stock List
This is a list of companies quoted on the stock exchange showing their current price, volume of share holders, level of capitalization etc.
Stock list is published in newspapers, financial magazines e.g. financial standard and business times.
Central Security System
This is an independent arm of the stock exchange which keep record of share holders whose equities are tradable on the exchange. It also perform the following functions:
(1) Processes inter market transfer
(2) Provides depository for share holders i.e. demobilization of certificates
(3) Creates new account for fresh investors
(4) Gives identification number to stock brokers
(5) Operates as issuer of central securities and clearing house of the exchange
(6) Secures transactions of the stock market. It is the police of the stock market e.g. the detection of Nestle 310million scam recently and the fishing out of culpable brokers for appropriate sanctions.
Public Offer Privatization
Public offer privatization occur when Government decides to sell its holding in a company or the outright sale of the company to the investing public. This happens when Government is no longer satisfied with the performance of such agencies or when there is a change in the policy of Government.
Such companies are taken over by new managers who often turn around the fortunes of such companies. E.g. Con Oil, First Bank, NITEL, Union Bank, etc.
You should look out for this kind of offer in the future. It is a legitimate means of investing your money wisely for astronomical returns.
Initial Public Offer
This is the offer made to the public by companies coming to the stock exchange for the first time to be quoted as a public liability company.
The offer enables the public to buy into the company to provide capital for the company’s activities. E.g. Dangote Sugar
However, companies can be listed on the stock exchange without placing an IPO. E.g. Oceanic Bank was listed on the exchange in 2005 without and IPO.
Normal Public Offer
Established companies who seek more funds at the primary market to carry out well defined business plans offer shares to the public in form of normal public offer. A good example is First Bank, UBA and Union Bank.
Normal public offer could occur at any time in the history of a listed company subsequent upon approval by share holders at a General Meeting.
Stock Underwriter
This is a financial institution which undertake to buy certain percentage of an offer on issue during a public offer in case there is under subscription. The underwritten shares could then be traded on the floor of the stock exchange. E.g. the public offer of Japaul Oil of September 2007 was underwritten 100% by First Inland Bank and Future View Ltd.
Dividend
This is the interest or profit paid to share holders by companies after the financial report of the company has been given for a particular financial year. It could be paid once in a year, e.g. Zenith Bank, twice in a year, e.g. GTB or trice in a year e.g. Dangote Sugar.
Some investors patronize dividend paying companies for long term investment. E.g. GTB, First Bank, Dangote Sugar etc.
Prices of stock often fall after payment of dividend.
Dividend Warrant
This is a piece of paper likened to a cheque given to individual investors to cash their profit as share holders in a company. The registrar of the company issue the warrant to share holders stating the amount of dividend per unit of shares, the units of shares held by the individual and the total worth of the dividend.
The warrant also bears the tax deduction on the dividend and the duration of payment of the dividend. Any dividend not claimed within 6 months after the date of issue becomes invalid. You should not delay in converting your dividend warrants to cash after receiving it.
Right Issue
This is an offer given to existing shareholders of a company to increase their share holding or buy more into the company. This offer is not made available to the public. It could only be traded on the floor of the stock exchange if not claimed by the share holder.
Right issue is always given in proportion to correlate with the level of holding of each share holder. E.g. 1 for 4, 1 for 3 or 3 for 2.
Hybrid Offer
This is an offer issued simultaneously to the public and existing shareholder of a company. While the investing public have the opportunity to become investors in such companies for the first time, existing share holders also have the opportunity to increase their share holding sometimes at a subsidized rate. E.g. First Bank issued a Hybrid offer of 37 per share to the public and 33 per share to existing shareholders in August 2007.
P.S. For more enquiry, send email to megastock14@yahoo.com
This section is meant to help you understand basic language of the stock market anywhere in the world. Your level of understanding of the operation of the stock market shall be enhanced and your curiosity further awakened to learn more about stock exchange’s vocabulary. Mastery of this language is enough to turn you into a highly sought after expert and attract many people to you like sugar is attracted to ant.
Shares
This is the unit into which the total capital of a company is divided. Your holding or share/portion represents equal part of ownership in relationship with the ownership of others. The ownership you claim depends on how many units of shares you hold at any point in time.
Other words with same meaning include equity and stock.
Share Holder
A share holder is a person who owns part of the stock of a company. He is entitled to the profit and loss of the business. Other benefits of a share holder include bonus, right issues, dividend, attendance at annual general meeting, opportunity to become a member of the board of a company etc.
Share holders have been organized into pressure group whose code of conduct have been designed by the Nigerian Stock Exchange management to further the interest of share holders and to positively influence board of companies in taking sound business decisions.
Share Certificate
This is a piece of customize paper given to investors or share holders by registrars of companies in which they invest. The certificate shows evidence of your part ownership of the company stating categorically the number of units you are holding and the period it was issued.
Share certificate is often given to investors who buy shares through public offerings like Initial Public Offering (IPO). E.g. Dangote Sugar IPO of November 2006.
Share Worth
Your share worth is the currency worth of your total holding in a company at any given time. The worth could be in naira or dollar.
If you have 5,000 units of shares in Ikeja Hotels for example at a current price of N5, your share worth is 5,000 * 5 =N25,000.
Any increase in the price of the share will definitely shoot up your share worth and vice versa.
Capital Appreciation
An increase in the share price of a company over time is referred to as capital appreciation. This increase could happen immediately after the completion of an IPO, lifting of technical suspension, restructuring of shares etc.
Investors who engage in long term investment often benefit from capital appreciation e.g. UBA moved from N10 in 2004 to 53 by October 2007.
Stocks
This has a similar meaning with the shares you own in a company. This term is however applicable when the company shares are listed on the stock exchange for trading.
Classification Of Shares
Shares are classified based on certain rules and conditions for investment by share holders. The rules determine the time and how dividend would be paid.
Shares are classified into ordinary shares, preference shares and convertible preference shares.
Ordinary Shares
Shares sold to the public through IPO are often called ordinary shares. It allows participation by investors of all shades and interests. E.g. Zenith Bank IPO of 2004 was sold as ordinary shares to the public at N10.60k
Preference Shares
Shares sold to certain categories of preferred investors before a company is listed on the stock exchange is called preference shares. Such investors are usually highly rated investors who can invest huge amount to shore up the capital base of the company. E.g. Oceanic bank sold preference shares to Dangote and other investors at N3.00 before listing it on the exchange at N6 in 2005.
When preference shares are sold, a private placement is said to be made.
Convertible Preference Shares
Investors could convert their preference shares obtained during private placement to ordinary shares. The investor decides when and why that is done. It might be to partake in dividend payment of ordinary shares or to secure voting right at AGM which preference share holders do not enjoy.
Company Register
The registrar of a company is the firm that stands between the company selling shares to the public and the share holder. The registrar issue out share certificates and keep the data of the share holders. E.g. Zenith registrar is the registrar to Dangote Sugar IPO issued in November 2006.
Any problem arising from missing share certificates, error in names and dividend payment is usually handled by the registrar.
Capital Market
This is another name for the stock market or stock exchange. E.g. Nigerian stock exchange (NSE), New York Stock Exchange (NYE) etc.
The stocks of quoted companies are traded daily on the capital market. It is where companies seek for funds to run their businesses or enlarge their services.
Money Market
This refers to banks and other financial institutions which deal mainly in cash and loan to investors seeking for funds to run their businesses. Instruments such as cheque, bank draft, money order are features of the money market.
Stock Broker
This is a trained professional who specializes in buying and selling shares for investors at the stock exchange.
Investors who do not have a stock broker cannot trade on their shares.
Most stockbrokers run firms to take care of the interest of their numerous clients and keep the records and account of such clients. Examples include Cash Craft Asset Management and BGL Securities. They are members of the Nigerian Stock Exchange.
Stock Jobber
This is a member of the stock exchange through whom stockbrokers buy and sell shares. Stockjobbers operate daily register to reflect transactions they carry out on the floor of the exchange. The register is called jobber’s book.
Stock List
This is a list of companies quoted on the stock exchange showing their current price, volume of share holders, level of capitalization etc.
Stock list is published in newspapers, financial magazines e.g. financial standard and business times.
Central Security System
This is an independent arm of the stock exchange which keep record of share holders whose equities are tradable on the exchange. It also perform the following functions:
(1) Processes inter market transfer
(2) Provides depository for share holders i.e. demobilization of certificates
(3) Creates new account for fresh investors
(4) Gives identification number to stock brokers
(5) Operates as issuer of central securities and clearing house of the exchange
(6) Secures transactions of the stock market. It is the police of the stock market e.g. the detection of Nestle 310million scam recently and the fishing out of culpable brokers for appropriate sanctions.
Public Offer Privatization
Public offer privatization occur when Government decides to sell its holding in a company or the outright sale of the company to the investing public. This happens when Government is no longer satisfied with the performance of such agencies or when there is a change in the policy of Government.
Such companies are taken over by new managers who often turn around the fortunes of such companies. E.g. Con Oil, First Bank, NITEL, Union Bank, etc.
You should look out for this kind of offer in the future. It is a legitimate means of investing your money wisely for astronomical returns.
Initial Public Offer
This is the offer made to the public by companies coming to the stock exchange for the first time to be quoted as a public liability company.
The offer enables the public to buy into the company to provide capital for the company’s activities. E.g. Dangote Sugar
However, companies can be listed on the stock exchange without placing an IPO. E.g. Oceanic Bank was listed on the exchange in 2005 without and IPO.
Normal Public Offer
Established companies who seek more funds at the primary market to carry out well defined business plans offer shares to the public in form of normal public offer. A good example is First Bank, UBA and Union Bank.
Normal public offer could occur at any time in the history of a listed company subsequent upon approval by share holders at a General Meeting.
Stock Underwriter
This is a financial institution which undertake to buy certain percentage of an offer on issue during a public offer in case there is under subscription. The underwritten shares could then be traded on the floor of the stock exchange. E.g. the public offer of Japaul Oil of September 2007 was underwritten 100% by First Inland Bank and Future View Ltd.
Dividend
This is the interest or profit paid to share holders by companies after the financial report of the company has been given for a particular financial year. It could be paid once in a year, e.g. Zenith Bank, twice in a year, e.g. GTB or trice in a year e.g. Dangote Sugar.
Some investors patronize dividend paying companies for long term investment. E.g. GTB, First Bank, Dangote Sugar etc.
Prices of stock often fall after payment of dividend.
Dividend Warrant
This is a piece of paper likened to a cheque given to individual investors to cash their profit as share holders in a company. The registrar of the company issue the warrant to share holders stating the amount of dividend per unit of shares, the units of shares held by the individual and the total worth of the dividend.
The warrant also bears the tax deduction on the dividend and the duration of payment of the dividend. Any dividend not claimed within 6 months after the date of issue becomes invalid. You should not delay in converting your dividend warrants to cash after receiving it.
Right Issue
This is an offer given to existing shareholders of a company to increase their share holding or buy more into the company. This offer is not made available to the public. It could only be traded on the floor of the stock exchange if not claimed by the share holder.
Right issue is always given in proportion to correlate with the level of holding of each share holder. E.g. 1 for 4, 1 for 3 or 3 for 2.
Hybrid Offer
This is an offer issued simultaneously to the public and existing shareholder of a company. While the investing public have the opportunity to become investors in such companies for the first time, existing share holders also have the opportunity to increase their share holding sometimes at a subsidized rate. E.g. First Bank issued a Hybrid offer of 37 per share to the public and 33 per share to existing shareholders in August 2007.
P.S. For more enquiry, send email to megastock14@yahoo.com
How To Profitably Manage Your Income And Grow Rich
How To Profitably Manage Your Income And Grow Rich
The life of a civil servant in Nigeria is enmeshed in a cyclical regime of working and not being adequately compensated for the work done and when seemingly well compensated, the employer i.e. Government in this case often find it difficult to pay the salary in full as at when due. Such salary debt is pushed forward for payment at a future convenient time that is why the arrears vocabulary will hardly disappear from the thought and tongue of the civil servant. Recent events in the health sector further attest to this. Health workers were being owed salary arrears of up to one year or more.
The spiral effect of this on the affected workers left much to be desired. Government could not cater for the basic salary needs of its workers. It followed that workers find it difficult to feed their families and pay the school fees of their children talk less of caring for their dependants and ageing parents. Poverty stared many in the face and almost captured many people.
If I were to make a choice, I will prefer not to belong to such a discouraging environment where you are prone to de-motivation and low productivity. Do not think that the scenario reported above will not happen again. There is greater likely hood of its recurrence than otherwise.
You should find a way of getting your financial fortune out of the control of Government. This you can easily do if you take to advice of financial experts who emphasise that your financial freedom is not dependent on how much you earn but how you manage whatever amount you earn. The major goal you must set from now is to learn how to manage your money and beat inflation, grow financially as you progress in your career and prosper in any economy whatever the policy of Government may be.
I must warn you here not to think that your financial fortune will improve if only your salary is increased. That claim is not true. Experience has shown that most salary earners increase their liabilities whenever their salaries are increased that is why they are never tired of grumbling and borrowing heavily whenever Government withholds their salaries.
If you learn about how to effectively manage the money you earn, you will gradually snatch yourself from the claws of wage inconsistency and draconian Government policy.
Robert G. Allen in his book multiple streams of income emphasise on the need to acquire good money management habits as the wealthy people do so that you can become wealthy and financially free. Your money habits will determine your financial future. Your money habit is the key factor to your character money wise and your financial destiny.
Chief Nathaniel Idowu is a silent and humble millionaire in Nigeria today and also a great philanthropist but there was a time in his life when he was in the dungeon of poverty and financial failure because of his bad money habits. He thought that his life was being manipulated by diabolic means; you call it the work of the enemy but it was not so. He was his own financial enemy. He later went to a financial adviser who requested to know how the chief spent his salary as a teacher. He was jolted! There he learnt his first money management lesson. He could not give account of how he spent his salary. I mean he did not know the various outlets where his money went and for what purpose.
The financial expert advised him to start writing down on a paper item- by- item how he spent his money and that was how he began his journey to wealth as he later discovered through what he itemized that his money has been spent on frivolities i.e. pure liabilities. He understood that he was the one responsible for his financial woes and not any witch.
Now back to Robert Allen. His book spoke much about what you should do with the money you earn during your working years…
6 Profitable Ways To Effectively Manage Your Hard Earned Money Throughout Your Working Years So That You Can Gracefully Retire To Enjoy…
Money Habit 1: Value and Control It
The very first skill you must acquire is to value the money you earn. The money in your hand is likened to a seed. That seed could germinate and grow several money trees that will yield durable fruits in the future.
The one naira in your pocket is a potential million naira. You call that an exaggeration? Okay listen to this. Recently an analysis was done in the United States to know the actual value of a dollar several years ago as compared with its current value at the New York exchange. That one dollar was estimated to be more than $1 million. The money was put in instruments that overgrew inflation over the years.
You can now see why you must not undermine the value of that naira in your hand?
To practically achieve this goal, you must as a matter of urgency get acquainted with how you spend every naira you earn.
Strive to know more about your personal account. Categorise your expenditure outlets and spend your salary in that order. Have a record of your personal finance in a durable book.
I learnt this lesson very early enough when I started my working career. I quickly bought a hard cover ledger book where I record my money spending habits to keep track of how my salary is being spent over the years. The mere knowledge of how I spend my salary in the last 5 years has opened my eyes to several other things like the determination to take my financial future out of the hands of Government. I feel a kind of confidence and measure of power of that knowledge which has helped me to acquire financial discipline. I now know the true meaning of asset and liability.
Anything you spend your money on without the prospect of making more money is a liability. Period!
Money Habit 2: Save It
This one is not new to most civil servants. They know how to do this very well. Nevertheless, I must point your attention to how to do it for maximum benefit. Your savings should be a tangible percentage of your salary. Financial experts suggest you save up to 10% of your income and if you can do better than that, good for you.
One thing you must however work against is to allow your savings to be eaten up by inflation.
Your goal should not be only to save but to ensure that your savings in not left at the mercy of master inflation. Keeping devalued money is not worth the effort.
You should adopt the principle of saving sufficient amount capable of sustaining you and your family for 3 months even if you are not paid your salary. The left over should be channeled to the next money management habit…
Money Habit 3: Invest It
This is what most civil servants lack the knowledge to do well. Some out -rightly avoid it for fear of losing their hard earned money and yet what they did not know is lacking is the right information on how to be smart investors.
I have taken it upon myself to speak to some senior civil servants on this matter; what I discovered left much to be desired. Some who invested put their monies on enterprise that will keep them enslaved after retirement. When are you going to enjoy your life if you still continue the same way you worked for Government after retirement? Your strength diminishes with old age so you must learn to invest your money in money instruments that has the potential to multiply the money while you rest.
Nigerians are becoming aware of the stock market potential but you must know the risk involved so as not to put your money in companies that will tie your money down and go belly up later going into extinction. Haven’t you heard of investors who bought shares in some companies that never communicate with them thereafter not to talk of giving them returns on their investments?
In order to guide you well on how to invest your money in shares, I have written a manual (Nigerian Hot Stock Secrets Revealed) where you will find untold stories of highly profitable stocks capable of yielding a high return on investments and the people behind them. You will also read in it how they use your invested money and the level at which you must operate so as to actually gain financial freedom. You can order for your own copy immediately before it runs out of stock. It sells for N2000 (two thousand naira only). Your colleagues in possession of the manual are already smiling to the banks and happy that they now know the secrets the millionaire in your neighbourhood wish you never knew.
Robber Kiyosaki an American financial expert spoke extensively on the 7 levels of investors that I will share with you briefly to further sensitise and empower you to put your financial destiny in your hands.
Level 0
These people have no money to invest. They either spend everything they make or spend more than they make. There are many ‘rich’ people who would fall into this category. Unfortunately this zero level is where about 50% of the adult population would be categorized.
Level 1: Borrowers
These people solve financial problems by borrowing money. Often they even invest with borrowed money. Their idea of financial planning is robbing Peter to pay Paul. They live their financial lives with their head in the sand like an ostrich hoping and praying that everything will work out. While they may have a few assets, the reality is that their level of debt is simply too high. For the most part, they are not conscious about money and their spending habits.
Level 2: Savers
These people put aside a ‘small amount of money usually on a regular basis’. The money is in a lower risk, low return vehicle such as a money market checking account, savings account or certificate of deposit.
They often save to consume rather than to invest ( e.g. they save for a new T.V., car, vacation etc). they believe in paying in cash, they like the security of money in the bank.
Level 3: Investors
There are 3 different types of investors in this group. This level of investor is aware of the need to invest. Generally they are intelligent people who have a solid education. They make up what we call the middle class. However when it comes to investing, they are often not educated….
Level 4: Long Term Investors
These investors are clearly aware of the need to invest. They are actively involved in their own investment decisions. They invest in their education before actually buying any investment.
If you are not yet a long-term investor, get yourself there as fast as you can. This means that you sit down and map out a plan. Get control of your spending habits. Minimize your debts liabilities. Live within your means and then increase your means.
Level 5: Sophisticated Investors
These investors can ‘afford’ to seek more aggressive or risky investment strategies because they have good money habits, a solid foundation of money and also investment savvy. They are focused, not usually diversified. They often buy investment wholesale rather than retail. They are well educated in the world of investing and actively seek new information.
Level 6: Capitalists
Few people in the world reach this level of investment excellence. In America, less than one person in a hundred is a true capitalist. A capitalist’s purpose is to make money by synergistically orchestrating other people’s money, other people’s talents and other people’s time. It is the capitalist that provide the money that create the jobs, the business, and the goods that make a country prosper. These are the Kennedys, Rockyfellers, Fords, J. Paul Gattys etc.
There you have it; my menu on the 7 levels of investors. Read it over and over again to know where you belong and how you can improve on your money habits. Let’s now continue with money habit skills….
Money Habit 4: Make It
Making money is entirely different from investing it. This is the entrepreneural side of money. If you are not an entrepreneur yet, learn to become one. Everyone will need to create multiple streams of income in the future. The truth is no matter what profession you belong, the present world economy does not favour a monolithic career in a single life time. If the Nigerian Government could find it difficult to pay its medical professionals then that should teach you a vital lesson.
The crave for downsizing and re-engineering or reform by government and private establishments necessitate that you retrain yourself and acquire more money making, marketable skills.
Opportunities abound in computer communication technology for whosoever cares to improve his family financial fortune. You must learn the skills of being your own boss, even if you are working for a solid corporation and plan on retiring there. The world is just too insecure to make long term plan with one company.
You can make money from what you are good at. Get on purpose. Do what you love and the money will follow.
Money Habit 5: Shield It
Making money is one set of skills. Keeping it is another. As you work toward your financial goals, you will need to learn how to preserve the wealth you are creating.
You must learn how to get your homes, cars and business entities out of sight through corporations, trusts and family partnerships to build a financial fortress around your assets. Do not create problems for your wife and children after your death. Make sure they do not fall prey to greedy relations who went to reap where they did not sow.
Money Habit 6: Share It
This is the last money management skill I will share with you. You may not be able to set up education trust fund as Americans have done to their Universities. Remember the story of Harvard University which was rated the best in the world. Most of its facilities are not from the American Government but from wealthy Americans. You multiply what you have now through giving. The more you give, the more you too continue to receive. It is better to give than to receive.
Be a consistent giver. Pay your tithe regularly and consistently. Identify the needy around you and show them mercy. Remember that the ultimate purpose of having money is to help others.
Dear friend, here again is the summary of money management skills that will guarantee you a financially free future:
(1) value it
(2) save it
(3) invest it
(4) make it
(5) shield it
(6) share it
PS: I have put at your disposal free of charge proven tips to effective money management. My manual( How To Make It In The Nigerian Stock Market Building Your Wealth From Ground Floor Up) will empower you to immediately improve your financial fortune while your future financial fortune is guaranteed. I will treat all orders on first come, first serve basis so get your own copy before your smart colleague beat you to it.
PPS: my manual is your easy way to a safe investment haven so don’t deny yourself of knowing the secret your smart investor savvy colleague already possess. Act fast so as not to be left behind. With the manual, your financial success is guaranteed.
Note: Send email to megastock14@yahoo.com for ordering instructions.
Your Well Wisher
Benard Solomon
Investment Consultant
The life of a civil servant in Nigeria is enmeshed in a cyclical regime of working and not being adequately compensated for the work done and when seemingly well compensated, the employer i.e. Government in this case often find it difficult to pay the salary in full as at when due. Such salary debt is pushed forward for payment at a future convenient time that is why the arrears vocabulary will hardly disappear from the thought and tongue of the civil servant. Recent events in the health sector further attest to this. Health workers were being owed salary arrears of up to one year or more.
The spiral effect of this on the affected workers left much to be desired. Government could not cater for the basic salary needs of its workers. It followed that workers find it difficult to feed their families and pay the school fees of their children talk less of caring for their dependants and ageing parents. Poverty stared many in the face and almost captured many people.
If I were to make a choice, I will prefer not to belong to such a discouraging environment where you are prone to de-motivation and low productivity. Do not think that the scenario reported above will not happen again. There is greater likely hood of its recurrence than otherwise.
You should find a way of getting your financial fortune out of the control of Government. This you can easily do if you take to advice of financial experts who emphasise that your financial freedom is not dependent on how much you earn but how you manage whatever amount you earn. The major goal you must set from now is to learn how to manage your money and beat inflation, grow financially as you progress in your career and prosper in any economy whatever the policy of Government may be.
I must warn you here not to think that your financial fortune will improve if only your salary is increased. That claim is not true. Experience has shown that most salary earners increase their liabilities whenever their salaries are increased that is why they are never tired of grumbling and borrowing heavily whenever Government withholds their salaries.
If you learn about how to effectively manage the money you earn, you will gradually snatch yourself from the claws of wage inconsistency and draconian Government policy.
Robert G. Allen in his book multiple streams of income emphasise on the need to acquire good money management habits as the wealthy people do so that you can become wealthy and financially free. Your money habits will determine your financial future. Your money habit is the key factor to your character money wise and your financial destiny.
Chief Nathaniel Idowu is a silent and humble millionaire in Nigeria today and also a great philanthropist but there was a time in his life when he was in the dungeon of poverty and financial failure because of his bad money habits. He thought that his life was being manipulated by diabolic means; you call it the work of the enemy but it was not so. He was his own financial enemy. He later went to a financial adviser who requested to know how the chief spent his salary as a teacher. He was jolted! There he learnt his first money management lesson. He could not give account of how he spent his salary. I mean he did not know the various outlets where his money went and for what purpose.
The financial expert advised him to start writing down on a paper item- by- item how he spent his money and that was how he began his journey to wealth as he later discovered through what he itemized that his money has been spent on frivolities i.e. pure liabilities. He understood that he was the one responsible for his financial woes and not any witch.
Now back to Robert Allen. His book spoke much about what you should do with the money you earn during your working years…
6 Profitable Ways To Effectively Manage Your Hard Earned Money Throughout Your Working Years So That You Can Gracefully Retire To Enjoy…
Money Habit 1: Value and Control It
The very first skill you must acquire is to value the money you earn. The money in your hand is likened to a seed. That seed could germinate and grow several money trees that will yield durable fruits in the future.
The one naira in your pocket is a potential million naira. You call that an exaggeration? Okay listen to this. Recently an analysis was done in the United States to know the actual value of a dollar several years ago as compared with its current value at the New York exchange. That one dollar was estimated to be more than $1 million. The money was put in instruments that overgrew inflation over the years.
You can now see why you must not undermine the value of that naira in your hand?
To practically achieve this goal, you must as a matter of urgency get acquainted with how you spend every naira you earn.
Strive to know more about your personal account. Categorise your expenditure outlets and spend your salary in that order. Have a record of your personal finance in a durable book.
I learnt this lesson very early enough when I started my working career. I quickly bought a hard cover ledger book where I record my money spending habits to keep track of how my salary is being spent over the years. The mere knowledge of how I spend my salary in the last 5 years has opened my eyes to several other things like the determination to take my financial future out of the hands of Government. I feel a kind of confidence and measure of power of that knowledge which has helped me to acquire financial discipline. I now know the true meaning of asset and liability.
Anything you spend your money on without the prospect of making more money is a liability. Period!
Money Habit 2: Save It
This one is not new to most civil servants. They know how to do this very well. Nevertheless, I must point your attention to how to do it for maximum benefit. Your savings should be a tangible percentage of your salary. Financial experts suggest you save up to 10% of your income and if you can do better than that, good for you.
One thing you must however work against is to allow your savings to be eaten up by inflation.
Your goal should not be only to save but to ensure that your savings in not left at the mercy of master inflation. Keeping devalued money is not worth the effort.
You should adopt the principle of saving sufficient amount capable of sustaining you and your family for 3 months even if you are not paid your salary. The left over should be channeled to the next money management habit…
Money Habit 3: Invest It
This is what most civil servants lack the knowledge to do well. Some out -rightly avoid it for fear of losing their hard earned money and yet what they did not know is lacking is the right information on how to be smart investors.
I have taken it upon myself to speak to some senior civil servants on this matter; what I discovered left much to be desired. Some who invested put their monies on enterprise that will keep them enslaved after retirement. When are you going to enjoy your life if you still continue the same way you worked for Government after retirement? Your strength diminishes with old age so you must learn to invest your money in money instruments that has the potential to multiply the money while you rest.
Nigerians are becoming aware of the stock market potential but you must know the risk involved so as not to put your money in companies that will tie your money down and go belly up later going into extinction. Haven’t you heard of investors who bought shares in some companies that never communicate with them thereafter not to talk of giving them returns on their investments?
In order to guide you well on how to invest your money in shares, I have written a manual (Nigerian Hot Stock Secrets Revealed) where you will find untold stories of highly profitable stocks capable of yielding a high return on investments and the people behind them. You will also read in it how they use your invested money and the level at which you must operate so as to actually gain financial freedom. You can order for your own copy immediately before it runs out of stock. It sells for N2000 (two thousand naira only). Your colleagues in possession of the manual are already smiling to the banks and happy that they now know the secrets the millionaire in your neighbourhood wish you never knew.
Robber Kiyosaki an American financial expert spoke extensively on the 7 levels of investors that I will share with you briefly to further sensitise and empower you to put your financial destiny in your hands.
Level 0
These people have no money to invest. They either spend everything they make or spend more than they make. There are many ‘rich’ people who would fall into this category. Unfortunately this zero level is where about 50% of the adult population would be categorized.
Level 1: Borrowers
These people solve financial problems by borrowing money. Often they even invest with borrowed money. Their idea of financial planning is robbing Peter to pay Paul. They live their financial lives with their head in the sand like an ostrich hoping and praying that everything will work out. While they may have a few assets, the reality is that their level of debt is simply too high. For the most part, they are not conscious about money and their spending habits.
Level 2: Savers
These people put aside a ‘small amount of money usually on a regular basis’. The money is in a lower risk, low return vehicle such as a money market checking account, savings account or certificate of deposit.
They often save to consume rather than to invest ( e.g. they save for a new T.V., car, vacation etc). they believe in paying in cash, they like the security of money in the bank.
Level 3: Investors
There are 3 different types of investors in this group. This level of investor is aware of the need to invest. Generally they are intelligent people who have a solid education. They make up what we call the middle class. However when it comes to investing, they are often not educated….
Level 4: Long Term Investors
These investors are clearly aware of the need to invest. They are actively involved in their own investment decisions. They invest in their education before actually buying any investment.
If you are not yet a long-term investor, get yourself there as fast as you can. This means that you sit down and map out a plan. Get control of your spending habits. Minimize your debts liabilities. Live within your means and then increase your means.
Level 5: Sophisticated Investors
These investors can ‘afford’ to seek more aggressive or risky investment strategies because they have good money habits, a solid foundation of money and also investment savvy. They are focused, not usually diversified. They often buy investment wholesale rather than retail. They are well educated in the world of investing and actively seek new information.
Level 6: Capitalists
Few people in the world reach this level of investment excellence. In America, less than one person in a hundred is a true capitalist. A capitalist’s purpose is to make money by synergistically orchestrating other people’s money, other people’s talents and other people’s time. It is the capitalist that provide the money that create the jobs, the business, and the goods that make a country prosper. These are the Kennedys, Rockyfellers, Fords, J. Paul Gattys etc.
There you have it; my menu on the 7 levels of investors. Read it over and over again to know where you belong and how you can improve on your money habits. Let’s now continue with money habit skills….
Money Habit 4: Make It
Making money is entirely different from investing it. This is the entrepreneural side of money. If you are not an entrepreneur yet, learn to become one. Everyone will need to create multiple streams of income in the future. The truth is no matter what profession you belong, the present world economy does not favour a monolithic career in a single life time. If the Nigerian Government could find it difficult to pay its medical professionals then that should teach you a vital lesson.
The crave for downsizing and re-engineering or reform by government and private establishments necessitate that you retrain yourself and acquire more money making, marketable skills.
Opportunities abound in computer communication technology for whosoever cares to improve his family financial fortune. You must learn the skills of being your own boss, even if you are working for a solid corporation and plan on retiring there. The world is just too insecure to make long term plan with one company.
You can make money from what you are good at. Get on purpose. Do what you love and the money will follow.
Money Habit 5: Shield It
Making money is one set of skills. Keeping it is another. As you work toward your financial goals, you will need to learn how to preserve the wealth you are creating.
You must learn how to get your homes, cars and business entities out of sight through corporations, trusts and family partnerships to build a financial fortress around your assets. Do not create problems for your wife and children after your death. Make sure they do not fall prey to greedy relations who went to reap where they did not sow.
Money Habit 6: Share It
This is the last money management skill I will share with you. You may not be able to set up education trust fund as Americans have done to their Universities. Remember the story of Harvard University which was rated the best in the world. Most of its facilities are not from the American Government but from wealthy Americans. You multiply what you have now through giving. The more you give, the more you too continue to receive. It is better to give than to receive.
Be a consistent giver. Pay your tithe regularly and consistently. Identify the needy around you and show them mercy. Remember that the ultimate purpose of having money is to help others.
Dear friend, here again is the summary of money management skills that will guarantee you a financially free future:
(1) value it
(2) save it
(3) invest it
(4) make it
(5) shield it
(6) share it
PS: I have put at your disposal free of charge proven tips to effective money management. My manual( How To Make It In The Nigerian Stock Market Building Your Wealth From Ground Floor Up) will empower you to immediately improve your financial fortune while your future financial fortune is guaranteed. I will treat all orders on first come, first serve basis so get your own copy before your smart colleague beat you to it.
PPS: my manual is your easy way to a safe investment haven so don’t deny yourself of knowing the secret your smart investor savvy colleague already possess. Act fast so as not to be left behind. With the manual, your financial success is guaranteed.
Note: Send email to megastock14@yahoo.com for ordering instructions.
Your Well Wisher
Benard Solomon
Investment Consultant
The Place Of Information In Your Investment
Investments Secrets :
The Place Of Information In Your Investment
The first key to investment is having an investment heart or attitude. That is to say you must develop the right mindset or the mind of an investor. Few are the people who have this kind of mind. It does not matter the type of work you are doing or how much you make daily, monthly or yearly. It is possible to earn millions monthly and still not be an investor. So work on your mind to be an investor habitually. That is the first key to investment.
The second key to investment is information. To the ordinary man, information may just be news or knowledge passed across. But information to an investor is like what exploration is to crude oil discovery. Without exploration the search for oil in an area is like looking for a pin in a haystack. Of course success will be far off. Information gives you the staying power or the die-hard tenacity to succeed and achieve your goals. It is the lack of information that cost an individual in Napoleon Hill’s Classic ‘ Think And Grow Rich’ the loss of gold deposit on his land. He was discouraged after digging unsuccessfully for gold not knowing that a minor fault which could be rectified was produced along the line. The person he sold the land to had the information and knowledge he lacked and so became a multimillionaire overnight. Your lack of information could spell doom in your life and lead to tearing torture both physically and psychologically so pay attention to what I’m telling you.
In the stock market business, information is the Master Key to investment. Without information investment is not secured and is liable to fail. It is only information that keeps you ahead of others. Smart investors can’t be beaten when it comes to information acquisition, they know that investment can thrive only when information is available.
Information is a potential force. Information is a stored force. I has the ability to do work when it is released at the right time. It is either acquired cumulatively or instantaneously.
Information needs to be retrievable to be useable. Information on print just like the one you are reading now is retrievable at any time. You could refer to it and remind yourself of the vital lessons it contains any time.
Why You Need Informaton
(1) To be able to invest when funds are available
(2) To be able to buy into stocks that are cheap and viable
(3) To be able to know when to invest in a particular stock
(4) To be able to ascertain a good investment outlet.
The Extraordinary Power Of Information
Knowledge is power. Ignorance is a disease. Someone said if knowledge is costly, try ignorance. How do you feel when looking for a key to open a door and yet the key cannot be found? You can be frustrated. You feel dejected and uncomfortable. But immediately you find the key, you are relieved. You feel good. You know that you now have the power to solve the problem. you go ahead to use the key to open the door. The door was opened because you found the key. Your key to success in life and stock investment is information.
Until you have knowledge about a thing, you will be kicked here and there by the vagaries of ignorance.
Walk Out Of Ignorance As Fast As Possible
Ignorance is bondage. It enslaves you. Knowledge is the only light that can set you free from failure, darkness and frustration.
You must be ready to pay the price of diligent study to acquire knowledge.
In the world of investment, knowledge is the difference between profit and loss. Great investors like Warren Buffet believe that investment is pleasurable and have no risk. This he can boldly declare because he is quite knowledgeable in matter of investment. Anyone who can tap from his knowledge is bound to think the same way he thinks, act as concerning investment in shares and make huge profits.
Astute investors have load and loads of information and data at their disposal. They acquire the information at great price. Many other investors cannot pay the price hence the loss they incur in their investments. Such investors are the ones who invest in dead stock like Onwuka Hightech, Acen insurance etc because the stocks were promoted by stock brokers and the media.
Take Step To Invest In Your Mind
You must invest in you mind in order to move forward and make extraordinary profits in you investment. You have great power over your mind. If you feed it with the right information, it will yield the right reward in profits for you. You can decide what you feed into your mind. This power is greater then poverty, lack of education and superstitious belief.
Information on investment will not come to you on a platter of gold. You must go searching for it. You should be ready to pay heavily to acquire the information that will empower you to enjoy perennial profits in your investment without ever incurring any loss whatsoever. If for example you want to invest 100,000, it will not be out of place to invest the first 30,000 in acquiring information so that you can have the right knowledge to turn the remaining 70,000 into millions within a short time. It is possible never to lose a dime using the power of information. You will see opportunities where others see difficulty. You will enter the market when others are running away. You will be buying to increase your share holding when others are selling theirs in a hurry as a result of fear.
How To Obtain The Light Of Investment Knowledge
Strategies for making unimaginable profits in the stock market go beyond the four walls of a school. Warren Buffet monopolizes his investment techniques. He is the creator of his methods of investment. Those who want to benefit from his knowledge pay as much as $10,000 to belong to his caucus. $10,000 is the value per share of his American company-Berkshire Hartaway. Convert $10,000 to Nigerian currency and see what it is in naira.
The man who does not read have no advantage over the man who cannot read. You must get motivated to learn and empower yourself in the world of investment through books, seminars, close association with knowledgeable people, tapes, CDs, private tuition and other means.
Knowledge stretches the human mind into unprecedented levels. Knowledge rightly acquired will change your attitude, thinking and profit margins you will make in your investment.
P.S. You are free to send all your investment related questions to me and I assure you of my reply as soon as possible. Your investment success is my concern. Send email to megastock14@yahoo.com.
The Place Of Information In Your Investment
The first key to investment is having an investment heart or attitude. That is to say you must develop the right mindset or the mind of an investor. Few are the people who have this kind of mind. It does not matter the type of work you are doing or how much you make daily, monthly or yearly. It is possible to earn millions monthly and still not be an investor. So work on your mind to be an investor habitually. That is the first key to investment.
The second key to investment is information. To the ordinary man, information may just be news or knowledge passed across. But information to an investor is like what exploration is to crude oil discovery. Without exploration the search for oil in an area is like looking for a pin in a haystack. Of course success will be far off. Information gives you the staying power or the die-hard tenacity to succeed and achieve your goals. It is the lack of information that cost an individual in Napoleon Hill’s Classic ‘ Think And Grow Rich’ the loss of gold deposit on his land. He was discouraged after digging unsuccessfully for gold not knowing that a minor fault which could be rectified was produced along the line. The person he sold the land to had the information and knowledge he lacked and so became a multimillionaire overnight. Your lack of information could spell doom in your life and lead to tearing torture both physically and psychologically so pay attention to what I’m telling you.
In the stock market business, information is the Master Key to investment. Without information investment is not secured and is liable to fail. It is only information that keeps you ahead of others. Smart investors can’t be beaten when it comes to information acquisition, they know that investment can thrive only when information is available.
Information is a potential force. Information is a stored force. I has the ability to do work when it is released at the right time. It is either acquired cumulatively or instantaneously.
Information needs to be retrievable to be useable. Information on print just like the one you are reading now is retrievable at any time. You could refer to it and remind yourself of the vital lessons it contains any time.
Why You Need Informaton
(1) To be able to invest when funds are available
(2) To be able to buy into stocks that are cheap and viable
(3) To be able to know when to invest in a particular stock
(4) To be able to ascertain a good investment outlet.
The Extraordinary Power Of Information
Knowledge is power. Ignorance is a disease. Someone said if knowledge is costly, try ignorance. How do you feel when looking for a key to open a door and yet the key cannot be found? You can be frustrated. You feel dejected and uncomfortable. But immediately you find the key, you are relieved. You feel good. You know that you now have the power to solve the problem. you go ahead to use the key to open the door. The door was opened because you found the key. Your key to success in life and stock investment is information.
Until you have knowledge about a thing, you will be kicked here and there by the vagaries of ignorance.
Walk Out Of Ignorance As Fast As Possible
Ignorance is bondage. It enslaves you. Knowledge is the only light that can set you free from failure, darkness and frustration.
You must be ready to pay the price of diligent study to acquire knowledge.
In the world of investment, knowledge is the difference between profit and loss. Great investors like Warren Buffet believe that investment is pleasurable and have no risk. This he can boldly declare because he is quite knowledgeable in matter of investment. Anyone who can tap from his knowledge is bound to think the same way he thinks, act as concerning investment in shares and make huge profits.
Astute investors have load and loads of information and data at their disposal. They acquire the information at great price. Many other investors cannot pay the price hence the loss they incur in their investments. Such investors are the ones who invest in dead stock like Onwuka Hightech, Acen insurance etc because the stocks were promoted by stock brokers and the media.
Take Step To Invest In Your Mind
You must invest in you mind in order to move forward and make extraordinary profits in you investment. You have great power over your mind. If you feed it with the right information, it will yield the right reward in profits for you. You can decide what you feed into your mind. This power is greater then poverty, lack of education and superstitious belief.
Information on investment will not come to you on a platter of gold. You must go searching for it. You should be ready to pay heavily to acquire the information that will empower you to enjoy perennial profits in your investment without ever incurring any loss whatsoever. If for example you want to invest 100,000, it will not be out of place to invest the first 30,000 in acquiring information so that you can have the right knowledge to turn the remaining 70,000 into millions within a short time. It is possible never to lose a dime using the power of information. You will see opportunities where others see difficulty. You will enter the market when others are running away. You will be buying to increase your share holding when others are selling theirs in a hurry as a result of fear.
How To Obtain The Light Of Investment Knowledge
Strategies for making unimaginable profits in the stock market go beyond the four walls of a school. Warren Buffet monopolizes his investment techniques. He is the creator of his methods of investment. Those who want to benefit from his knowledge pay as much as $10,000 to belong to his caucus. $10,000 is the value per share of his American company-Berkshire Hartaway. Convert $10,000 to Nigerian currency and see what it is in naira.
The man who does not read have no advantage over the man who cannot read. You must get motivated to learn and empower yourself in the world of investment through books, seminars, close association with knowledgeable people, tapes, CDs, private tuition and other means.
Knowledge stretches the human mind into unprecedented levels. Knowledge rightly acquired will change your attitude, thinking and profit margins you will make in your investment.
P.S. You are free to send all your investment related questions to me and I assure you of my reply as soon as possible. Your investment success is my concern. Send email to megastock14@yahoo.com.
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