Invest in Stock market before 2015

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Posted by on Thursday October 23, 2014 at 9:13:46:

If I had N10m now, I would readily invest most of the money in Nigeria's stock market. This is because the market is already recovering and it's most likely going to appreciate by the time 2015 rolls in.

Many good things are already happening in Nigeria and the future looks bright. Companies are growing in profit and economy is more stable. Chances are that Jonathan would win again in 2015 ensuring stability although some people might not agree to that prediction. Bottom line is that Nigeria's economy is already the biggest in Africa and the future is even bigger. It is highly unlikely that we are going to go backwards now. I don't think there is any better time now to invest in a recovering stock market.

My Stock picks for Q4 2015
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Banking Sector: Fidelity Bank(1.95), Skye Bank(2.73), Diamond(6.32), Access(8.46), First Bank(13), FCMB(4) and UBA(5.9).

Pharmaceuticals: May Baker(1.63), Neimeth(1.16),

Food products: HoneyFlour(3.95), Dangote Sugar(7.71)

I think the above stocks will do well for the long term.


Why you should invest in the stock market
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You should invest your money in order to hedge it against inflation and also gain from capital appreciation. Stock prices are most likely going to go higher and it might double for some stocks.





Comments:
Re: Invest in Stock market before 2015 Reply by DOMINIC, CHARLES on Tuesday November 11, 2014 at 18:35:58:

I WANTED TO BUY SHARES BUT AM AFRAID THAT 2015 ELECTION WILL BRING WAR OR SOMETHING VERY BAD IN THE COUNTRY THOUGH AM NOT PRAYING FOR THAT. I HAVE TO WAITE TILL AFTER THE ELECTION. I THING THAT IS A GOOD IDEA: BECAUSE I DON'T WANT TO INVEST ON IT IN THE END THE MONEY WILL LOST I DON'T WANT TO CRY. IS THAT COOL BY YOU?



Re: Invest in Stock market before 2015 Reply by john courage on Saturday November 29, 2014 at 17:10:8:

how cam i go about it,or where can buy stock?



Re: Invest in Stock market before 2015 Reply by Felix Okoli on Saturday November 29, 2014 at 17:10:8:

Go to a stockbroker and request for them to buy it for you. You just need to make payment to them and fill the form before shares are bought for you from the secondary market.


Re: Invest in Stock market before 2015 Reply by Igube Chinedu John on Wednesday June 17, 2015 at 16:34:38:

I really love to invest in Stock broking business in Nigeria, but I don't know how it works and the amount that will be a good start as a student I am, I need help especially how and where to get a genuine stock brokers here in Nigeria.



Re: Invest in Stock market before 2015 Reply by Felix Okoli on Wednesday June 17, 2015 at 16:34:38:

There are many stockbrokers you can start with. You only need at least N10,000 to start buying shares. You can try brokers like CSL or BGL securities




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