Such stocks may attract a capital gains tax if you liquidate them and you need to be aware of your likely costs of selling the stock. Financial Rule: Rank stocks by dividend yield. And below, you’ll find additional investing research and our recent dividend investing articles. In recent years, I have come to realise that there is another important reason for having passive investments that are invested globally. This is the reason so many financial advisers tell their clients to invest in low cost index funds. You can begin by investing in money market funds. On the other hand, investing in the stock market can be done real hands off or hands on. If you own a stock fund, the biggest sources of potential profit are an increase in the stock price (capital gains) or cash dividends paid to you for your pro-rata share of the company’s distributed profits. They manage the Stanbic IBTC Nigerian Equity Fund, Their flagship fund, as well as the Stanbic IBTC Ethical Fund, Stanbic IBTC Guaranteed Investment Fund, Stanbic IBTC Money Market Fund and Stanbic IBTC Bond Fund. You might as well put the money in the saving bank. I put together an extensive resource to help you understand this called “The New Investor’s Guide to Mutual Fund Investing” (N3000).

One of the articles in that series was called ‘How a Mutual Fund Works’. Indexes are unmanaged and one cannot invest in an index. These are often referred to as “dumb money” because they have no portfolio manager. Take charge of your portfolio with your trading and investing experience. Our transaction experience spans across several sectors including banking, insurance, real estate, manufacturing, telecommunications, oil & gas, aviation and the public sector. Asset & Resource Management Company is Nigeria’s largest independent non-bank financial institution with over 20 years of experience in asset management. If an 18 year old saved N50,000 per year, the difference between a 7% return and an 8% return over 50 years is N8,036,206. There is a practical limit to the rate of return that we can earn from our investments on a sustained basis. Basically, a mutual fund is a term used to describe a type of company that doesn’t do anything itself, but rather it owns investments. I decided to make a long term investment inside my Tax Free Savings account.

The term saving can be given two possible meanings. Because saving even 1% over an investing lifetime can lead to enormous wealth. Once you have studied and thoroughly comprehended the concepts in this book, you should never again agonize over which stocks to buy, or how much to buy, or when to sell them. Why would an individual choose to invest in real estate instead of something else like stocks or bonds, or start some other sort of company like a gas station? Instead, they hold a basket of stocks with similar characteristics. What are the characteristics of both types of bears? There are three major keys to making money through mutual fund investing. There is one common theme with all of the above methods for making side income. That depreciation number is actually quite reasonable, but the income expectation is high (also bearing in mind that it’s not easy to qualify as a real estate professional if you are holding down another job). The number one consideration when it comes to making money from mutual funds is keeping your costs low.

They offer numerous clients products and services, ranging from traditional assets (i.e. equities, fixed income securities and mutual funds) to alternative investment options such as unquoted equities and private equity opportunities. The ACAP CanaryGrowth Fund (“The Fund”) is a Securities and Exchange Commission (“SEC”) registered collective investment scheme listed on the Nigerian Stock Exchange Memorandum Quotation. Originally stock market trading began on an informal note. First Bank Nigeria Capital Market. This varies from the most common type “market order” (buy or sell at whatever the current price), to sophisticated trades involving the price of the stock and/or time in which to carry out the order. Gizmo Films has a fascinating and diverse catalogue of current and completed projects. For all he time they should refer investors to knowledgeable tax accountants, attorneys, or investment professionals. 2. Give yourself plenty of time to compound your wealth. To save you time, I’ll give you the short version. They decided to go slow steaming i.e. running at half the usual speed, to save fuel and also to reduce capacity.