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My Stock Plays in US Stocks Market - Investment (10) - Nairaland

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Us Stocks Pick Alert / Buying US Stocks From Nigeria / how to invest in Nigerian stocks market (2) (3) (4)

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Re: My Stock Plays in US Stocks Market by LauraClasikVibe(f): 11:22am On Apr 02, 2021
Skyfornia:


Why are most of them requesting for my BVN at the point of registration? I tried registering on bamboo on Monday and they requested for my BVN, I contacted my banks afterwards to know if it's safe...they said I'm on my own.
If you feel uncomfortable releasing you BVN, kindly mail them and request why they need it.
Re: My Stock Plays in US Stocks Market by Skyfornia(m): 11:26am On Apr 02, 2021
LauraClasikVibe:
If you feel uncomfortable releasing you BVN, kindly mail them and request why they need it.

You think that would help? Ofcourse they will give you more than a million reason why they need it...but I don't want someone tampering with my money...I have been duped severally

1 Like

Re: My Stock Plays in US Stocks Market by LauraClasikVibe(f): 11:34am On Apr 02, 2021
Skyfornia:


You think that would help? Ofcourse they will give you more than a million reason why they need it...but I don't want someone tampering with my money...I have been duped severally
I said so since you felt uncomfortable releasing it. I use both bamboo Trove they both requested for it.
Re: My Stock Plays in US Stocks Market by Skyfornia(m): 11:44am On Apr 02, 2021
LauraClasikVibe:
I said so since you felt uncomfortable releasing it. I use both bamboo Trove they both requested for it.


Okay thanks... I'm thinking of a plan though

1 Like

Re: My Stock Plays in US Stocks Market by Kingdemu: 12:04pm On Apr 02, 2021
Skyfornia:


Giving account number publicly doesn't pose any problem...but a lot has been said about disclosing BVN...why is my bank frowning at it??
If I can not scam you through your bank account number, is it through your BVN that I can scam you? Your BVN, even if I hack through will only reveal the same account numbers link to it, which you've giving out willingly. Your bank was right in not willing to take up any responsibilities cos you are not using it on their platform. If you have so much money that you feel companies like Trove and Bamboo will want to scam you then do not disclose the BVN to them, simple.

4 Likes

Re: My Stock Plays in US Stocks Market by LauraClasikVibe(f): 1:00pm On Apr 02, 2021
Skyfornia:


Okay thanks... I'm thinking of a plan though
What's the plan?
Re: My Stock Plays in US Stocks Market by yom2(m): 6:06pm On Apr 28, 2021
Skyfornia:


You think that would help? Ofcourse they will give you more than a million reason why they need it...but I don't want someone tampering with my money...I have been duped severally
oga d world don' move past that levels o. Most transactions and form filling now requires ur BVN. Its also a form of identification that includes other personal data. Anybody intending to use ones bvn will also know he is taking risk. There's always a kind of footprint and one can be tracked. Ur bvn most times requires other codes too to be used.

1 Like

Re: My Stock Plays in US Stocks Market by yazga: 11:41pm On Apr 28, 2021
Clearly alot of people don't have a strategy playbook for investing and it seems like FOMO and herd mentality is the order of the day.

The Nigerian stock market is still a gold mine if you understand the market and watch trends.

The same market where people made over 150% ROI on selected dividend paying stocks between March and December of last year and traders even more within the same period


Understand your risk profile (i.e amount of risk you are willing to carry on your portfolio without running helter-skelter)

Understand the industry/sector/ quoted company you are planning to invest in.

Always buy when people are selling that way you are getting a bargain and sell when they are buying

Use cost averaging to spread the purchase price.

Have a trading strategy is (i.e growth vs value vs dividend paying or a combo of the trio) and portfolio diversification/holding strategy

And finally have an exit plan irrespective of the state of the market (bears or bull)

And before I forget Tesla just offloaded circa 25% of its B.T.C holdings.

2 Likes

Re: My Stock Plays in US Stocks Market by yazga: 6:02am On Apr 29, 2021
wink
Samchi4christ:
Brilliant submission, check my signature for Bamboo #wemove
Re: My Stock Plays in US Stocks Market by yazga: 1:21pm On Apr 29, 2021
6 Types of Stocks Explained:

1) Growth

Companies that reinvest all of their earnings into themselves to facilitate the growth of short/long term internal projects.

Likely in the technology industry.

Examples: Shopify, Zoom, Facebook, Netflix

2) Cyclical

Companies that move with the economy.

They usually sell products or services that consumers tend to buy more of when the economy is booming and less when the economy is in recession.

Examples: Norwegian Cruise Line, American Airlines, the Big 5 Canadian Banks

3) Blue Chip

Companies with excellent reputations who have been around for a long time, have stable earnings and typically pay out dividends to investors.

You'll want to hold these companies if you're a dividend investor.

Examples: IBM, Coca-Cola, 3M

4) Speculative

Companies with large potential upsides but similar potential downsides. Extremely volatile and will add extra risk to your portfolio.

If you have the stomach for it, do it.

If not, don't waste your time or money.

Examples are typically opinion-based.

5) Defensive

A defensive stock is one that provides consistent and stable earnings regardless of what the market is doing. These are the companies that sell products and services people NEED & WANT 365 days of the year.

Examples: Walmart, McDonald's, AT&T, Verizon

6) Dividend

Saving my favorite for last. Dividend stocks are companies that pay out a portion of their earnings to their shareholder every month or quarter so you can start building up a juicy stream of passive income.

Examples: RioCan, Realty Income, 3M, Scotiabank, Coca-Cola

As you can see, some companies fit in multiple categories.

But if you're going to take 1 thing away from this, it's that you should be diversifying by "type" of stock and not just by industry.

4 Likes 1 Share

Re: My Stock Plays in US Stocks Market by OgeAnne: 2:33pm On Apr 29, 2021
For newbies that do not know what stocks to invest in or how to pick stocks, or if you have any questions about the stock market, there's a free zoom session holding Thursday, May 6th from 6.00pm - 7.00pm
Registration link: https://zoom.us/webinar/register/WN_-_RnZTJ3TbahXSzM7xa1aw

1 Like

Re: My Stock Plays in US Stocks Market by yazga: 3:13pm On Apr 29, 2021
Facebook reported revenue of $26.1 billion in the first quarter, 48% more than the $17.7 billion of last year

Net income also smashed expectations, hitting $9.5 billion, or $3.30 per share

We must learn to invest. 2 years ago the shares were half today's price.

Sign up with my signature we both get free shares

1 Like

Re: My Stock Plays in US Stocks Market by Lexusgs430: 5:31pm On Apr 29, 2021
yazga:
Facebook reported revenue of $26.1 billion in the first quarter, 48% more than the $17.7 billion of last year

Net income also smashed expectations, hitting $9.5 billion, or $3.30 per share

We must learn to invest. 2 years ago the shares were half today's price.

Sign up with my signature we both get free shares


They invest o...... They give their money to MMM, MBA Forex, PGI, Pennywise, crowd1 etc etc........ tongue

3 Likes 1 Share

Re: My Stock Plays in US Stocks Market by adejide2: 9:31am On Apr 30, 2021
Please what do you know about addyflex and avatrade, are they among the a list trader?
I invested with tonso elite, it's website page has refused to go, is it possible to get my investment from it.
Thanks

1 Like

Re: My Stock Plays in US Stocks Market by yazga: 12:24pm On Apr 30, 2021
Good morning, are they stock apps?
adejide2:
Please what do you know about addyflex and avatrade, are they among the a list trader?
I invested with tonso elite, it's website page has refused to go, is it possible to get my investment from it.
Thanks
Re: My Stock Plays in US Stocks Market by yazga: 12:24pm On Apr 30, 2021
These words will make you:

Possibility
Certainty
Consistency

These words will break you:

Impossibility
Uncertainty
Inconsistency
Re: My Stock Plays in US Stocks Market by yazga: 12:24pm On Apr 30, 2021
What are Recession-Proof stocks?

-They are companies that do well no matter the financial situation of their customers. A family will always need toilet paper no matter how much money they make.

-Other great examples of recession proof sectors are: utility companies, food and drink manufacturers, telecommunications providers, healthcare companies, discount stores...

-Remember to always have in mind that bad times can come. When it does it is wise to hold some stocks that will do great no matter the situation of the economy.

2 Likes

Re: My Stock Plays in US Stocks Market by yazga: 1:06pm On Apr 30, 2021
Twitter by the numbers! Down pointing backhand index

- Revenue: $1.04 billion, up 28% YoY
- Ad Revenues: $899 million, up 32% YoY
- Ad Engagements up 11% YoY
- CPE up 19% YoY
- Costs and Expenses: $984 million, up 21% YoY

Negatives

- Missed DAU expectations by 1 million
- Weaker Guidance

You buying?

1 Like

Re: My Stock Plays in US Stocks Market by Lexusgs430: 5:32pm On Apr 30, 2021
yazga:
Twitter by the numbers! Down pointing backhand index

- Revenue: $1.04 billion, up 28% YoY
- Ad Revenues: $899 million, up 32% YoY
- Ad Engagements up 11% YoY
- CPE up 19% YoY
- Costs and Expenses: $984 million, up 21% YoY

Negatives

- Missed DAU expectations by 1 million
- Weaker Guidance

You buying?


PINS too is dropping...... Happy days..... cool

4 Likes

Re: My Stock Plays in US Stocks Market by LauraClasikVibe(f): 1:26pm On May 03, 2021
Secrets to find Multibagger stocks

IS just look out two ratio

PEG RATIO

Debt to equity

Both value should be lowest
Re: My Stock Plays in US Stocks Market by ozome15(m): 4:12pm On May 03, 2021
yazga:
ETFs are basically a basket of stocks. Instead of buying one, you can buy an entire basket. You can buy or sell within the same trading day the same way you do stocks. And the price fluctuates the same as stocks as the ETF is bought and sold. There are no minimums – you can buy 1 share, 1000 shares or fractional shares. ETFs come in various securities, including stocks, commodities, and bonds. You can buy a large cap etf, small cap, an entire sector, or even specific index, among others.

When buying ETFs, rule of thumb is that you go for a low cost ETF less than around .15%. Although there are many great growth ETFs that go for .50-.75% like the Ark Funds or Global X ETFs.
please arlighting me more about ds ETFs.
Re: My Stock Plays in US Stocks Market by yazga: 5:27pm On May 03, 2021
ozome15:

please arlighting me more about ds ETFs.
An exchange-traded fund is a type of investment fund and exchange-traded product, i.e. they are traded on stock exchanges. ETFs are similar in many ways to mutual funds, except that ETFs are bought and sold throughout the day on stock exchanges while mutual funds are bought and sold based on their price at day's end. Wikipedia
Re: My Stock Plays in US Stocks Market by LauraClasikVibe(f): 2:07pm On May 04, 2021
Taxes can be confusing! Here’s a guide on how & when stock capital gains are taxed.

Stocks owned for less than one year are considered “short term capital gains” when they are sold for a profit. Short term capital gains are taxed as ordinary income based on your current tax filing status and income bracket. Picture these gains being added onto your paycheck from your employer...they are taxed at the exact same rates.

Stocks owned for one year or more are considered “long term capital gains” when they are sold for a profit. Long term capital gains have their own bracket and are taxed at favorable rates. The lower tax rates encourage longer term investing.

The long term capital gains rates in the table in this post reflect tax filers with “Single” status and “Married Filing Jointly”.

4 Likes

Re: My Stock Plays in US Stocks Market by yazga: 2:58pm On May 04, 2021
What Portfolio Are You Taking?

Portfolio A (Dividend)
$SBUX
$JNJ
$O
$MMM

Portfolio B (Growth)
$ROKU
$TSLA
$SHOP
$TDOC

Portfolio C (ETF)
$VTI
$VOO
$QQQJ
$DGRO

Portfolio D (Crypto)
$BTC
$ETH
$DOGE
$LINK
Re: My Stock Plays in US Stocks Market by yazga: 3:46pm On May 05, 2021
Distance yourself from people who:

1 Love to show off
2 Speak badly about others
3 Feel entitled and overly important
4 Blame others for losing
5 Waste time
6 Make you feel bad about yourself
7 Resist change at all costs
8 Never listen
9 Think complaining is a solution

5 Likes 1 Share

Re: My Stock Plays in US Stocks Market by IyaTola: 11:17pm On May 09, 2021
Exclusive7
Re: My Stock Plays in US Stocks Market by IyaTola: 11:20pm On May 09, 2021
MercifulAngel
Re: My Stock Plays in US Stocks Market by uzoexcel(m): 6:10pm On May 12, 2021
Good one.. Sorry for quoting the whole post.
What if one has a dollar card for his dorm account, will that help? Instead of going through the gpay route.

Secondly what about stocks outside the USA? Like the EU and all? Any trading apps for those?

yazga:
Morning Communiqué:

I have heard it said, and it is true, “Trading the stock market is the HARDEST easy job you will ever do.” It is true!
Anyone else worn out from these past few days? We have had some awesome weeks and month and as hard as it has been, this pullback is needed.

As much as possible, it is advisable to keep at least 25% of your capital in cash….right now, maybe more.
I can see the market going 1 of 2 ways right now. We may get a little bit of a rebound today and then a little deeper correction on Thursday and Friday (Like what happened at the end of January and beginning of February) before we could start trending back up and possibly break the 400 mark, or we can just go straight to 400 from today.

The important thing, above all, is to know what you own. Only hold stocks that you have confidence in. If your stock is strong on the fundamentals, then it will weather a correction. But at the same time, you do not have to hold the stock, you may choose to sell it with the hopes to buy in lower if it dips more. It is never an easy choice.
I am working to update our long term investment plays as well and they should be ready for the beginning of March. With this correction, now might be a good time to revisit the plays.

Keep your heads up! This is part of the game. You have all been awesome warriors in this fight!


Guys, Have an awesome day and Safe Trading!
Your Friend and Fellow Trader,



The Market:
Futures are down as of now - S&P down 0.33%, dow down 0.25%, and nasdaq down 0.65%. Futures opened green initially and i wouldn’t be surprised to see them turn green by open, but right now is looking like we could see either a pullback on indexes to next support after bounce today, or could see continuation of downtrend if that next support breaks and we see a lower low than today had. Watching support on SPY 385.5, next support at 383, and final support is at 380 where there would be more downside below. Right now is super smart to buy the big drops on mid/long term positions that you’re confident in. Also lots of bounce/reversals to play off of short term but always be risk managed.


Swing Plays for Today:
*Reminder: my buy/sell alerts is just what I’m doing and should just be used for ideas. Not every entry/exit will be perfect timing.


$SUNW: watching as a heavily oversold play and held support at 300 MA on 4 hr chart. Depends on how solar sector is looking overall, but already seeing a bounce in some stocks in the sector such as $SPWR.
$TRIT: love this entry in the low $7s as long as support at $7 holds. short/mid term swing looking for $10+.
$XL: heavily oversold, looking at $14 to hold as support level. Love the value at this price for mid/long swing
$LMT: breaking out of inverse head & shoulders today, overall target is still $150-160 range
$QCOM: interested in an entry for quick bounce if it gets to $132 as first support level. Has gap to fill towards 132 if it can’t get back over 144 short term
$HYLN: held support at $16.5 on selloff yesterday, I’d be interested in an entry if it either gets back down to mid 16s or breaks above 18 and holds for breakout
$WMT: watching for potential entry for a quick swing here. $135 support level, earnings overreaction, and up to a 26% short float. If it can hold and bounce off 135 could see quick move back to 140+
$FUBO: needs to get back over $40 for reversal strength. Next support is at $35 and then $30.
$DM: watching for this to bottom out and show reversal strength before adding, but love the value in the low 20s and would be looking to swing a couple weeks or so for bounce back to 28.5
$PLTR: I’m watching to add more either on a trend down back to $25 support or on a breakout and hold above $30
$BTC plays likely to have a big gap up todayvsince btc was received nicely after hours.

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