Cryptonomics

I'm the last 2years, I have monitored stock market performance, with keen interests on markets in the US, Canada, Europe, China, and Japan; ignorantly uninterested in the Nigerian stock market.

In February 2022, I counseled a friend to stop frivolous spending and invest extra funds on the stock market. He heed the my advice and allocated 100k Naira on a listed Nigerian stock (name withheld for anonymous reasons).

By the end of December, my guy called me that his investment had increased by sixfold. I never knew he took my advice seriously and had invested in the Nigerian stock market. He closed his investment, spent part of the income for the Yuletide, and still had enough to open a 200k Naira investment January this year.

Honestly, I never knew Nigerian stocks could be this profitable! I further explored performance of Nigerian stocks, and observed that as at 2023 December:

Transcorp Hotels Plc recorded 1022.9% market increase
Chams Holding Plc recorded 795.5% market increase
CWG Plc recorded 721.8% market increase
TRANSCORP recorded 666.4% market increase
MRS Oil Plc recorded 644.7% market increase.

If I had invested 100k Naira at the start of 2022 in any of these stocks, I would have enjoyed a better Yuletide festival.

Indeed, financial opportunities abound! The problem lies with getting informed and educated about exploiting these numerous opportunities.

Nonetheless, investing in financial assets is associated with the risks of capital loss. Yet, investing in companies that are well-capitalized and have years of consistent healthy cash flow, minimizes the risk of capital loss.

By investments, I'm not referring to financial assets like cryptocurrency, derivatives. When one invests in reputable firms with years of solid financial growth, positive returns are guaranteed on the medium/long term. Although, crypto and derivative investing have been proven to be profitable, but they are extremely risky.

The year is just started, I encourage to cut frivolous spending, and decide to make an investment decision. Contact a reputable stock broker for investment advice. Albeit, I will provide you with regular update on stock market performance in Nigeria and across foreign markets, to help you make a suitable investment decision.

♥️ You're welcome to this blog!

🚦This blog starts off by educating on smart investing, and the need for it, and choosing an Mutual Fund as a smart investing approach

Many investors got their fingers burnt trying to speculate and make profits from various financial assets

📖 Many traders lost a fortune trading crypto
📖 Some persons struggled in the FX market
📖 There is a particular proprietor trader I know who lost US$ 1.12million in a space of 4months‼️
📖 Yet, there are traders who had a prosperous trading year

The 2022 financial performance separated the "experts" from the "pretenders"!

🛑 On this note I'll make this appeal. If you're not skilled at technical analysis, fundamental analysis, sentimental analysis, please avoid anything that has to do with FOREX (FX), crypto, stock, derivatives, precious metals (gold, silver, and diamond).

The entire financial market is based on a zero sum game, meaning that someone's profits are at the expense some some person's losses. Financial trading is very dangerous for young traders who usually enter a trade position against highly experienced traders. The market can ruin one's entire life.
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🎯 This doesn't deny the fact that the financial markets offer opportunities to make great legit wealth.

If you can't trade these markets and still got interest to enjoy benefits from the market then you can hire an expert who would help you achieve the financial profits you desire. You'll find expert traders (otherwise known as Fund Managers) at Mutual Funds.

🔊 Mutual Fund is a private investment firm that pools funds to help invest in stocks, real estate, derivates, FOREX, and different financial tools to help investors to generate profits.

You'll only pay some commissions and fees to hire a Fund Manager, but you would be strongly guaranteed of regular returns on your investments.

📌 This is not an advertisement scheme. It is only to lower trading losses among y'all.
📌 You can google a list of Mutual Funds in your country and select the one you desire
📌 Be informed that Mutual Funds are regulated by the Stock Exchange. So, your investment funds are very, very safe.
📌 Find a Mutual Fund and trade smartly