Economy
Navigating the Complex World of Investing: What Novices Need to Know
Have you finally decided to take the leap into the exciting arena of investing? Not only is this an excellent way to secure a lucrative nest egg for the future, but many have begun to use these opportunities as a springboard for their businesses.
However, appreciating the intricacies of online trading is no easy task. A great deal of preparation will be required and mistakes can occur on occasion. This is why knowing where to begin is one of the best ways to establish strong foundations. Let us therefore cut through a fair amount of “fluff” and examine a handful of strategies that have already been embraced by experts.
Determine How Much You Can Comfortably Afford to Invest
Comfort is king (and queen) in terms of investing. It is always prudent to establish how much you can afford to trade at any given time. You might otherwise stretch your finances too thin and suffer from a lack of liquidity (especially if you have become involved with long-term positions).
Many experts recommend placing no more than ten percent of your available capital into an investment at any given time. Even if losses do occur, you will not be placed in fiscal jeopardy. This also helps to avoid mistakes that can be made when trading based on emotions as opposed to pragmatism and logic.
Consistency is Key
As opposed to other online articles that you might have encountered from time to time, the chances of becoming a millionaire overnight are virtually non-existent. Any successful investor understands that accruing liquidity requires time and effort. This is when the power of consistency comes into play. Set a trading schedule and stick to it. One novel way to develop this level of clarity is to employ an economic calendar. These handy tools will enable you to prioritise specific positions and to appreciate how your individual investments are performing from a longitudinal perspective.
Balance Your Portfolio
All of us aim to achieve a balanced lifestyle and this is just as relevant in terms of investing. Any type of trading portfolio should hold a number of different asset classes at any give time. Examples include traditional stocks, commodities… Even if one asset happens to perform poorly, the gains associated with others can be used to mitigate any potential losses. This is sometimes referred to as “hedging” within financial circles. It may also be wise to work in tandem with a third-party wealth management firm. These companies will provide targeted recommendations based on your short- and long-term goals. Thus, it can serve as a helping hand even for expert investors.
Set Realistic Milestones
What is it that you are ultimately trying to achieve? Are you solely interested in short-term profits or might you instead wish to develop a well-rounded retirement package? Note that clearly establishing your goals will have a profound impact upon the types of investments that you make as well as the most appropriate asset classes. For instance, those who view their investments from a multi-year perspective might gravitate toward holdings such as shares in Apple or precious metals, as they normally are more stable than other alternatives.
Having said this, be realistic with your goals. Appreciate that even seasoned veterans have accrued wealth over decades as opposed to relying upon luck or the movement associated with a handful of trades. Establishing practical milestones will also enable you to gauge your progress and to make any changes that may be warranted. This likewise brings us to the final point.
View Errors as Learning Experiences as Opposed to Setbacks
Experts such as Warren Buffett are well aware of the fact that errors can and will emerge from time to time. Novice investors are essentially left with two choices. They can either walk away from a position or use the scenario to further hone their talents. Mistakes represent some of the most lucrative learning opportunities if viewed in a constructive manner, even if it sounds too difficult to understand just after they were made.
As more people begin to understand the advantages that online investing can offer, we should expect to witness an influx of younger traders who are eager for success. Still, Rome was not built in a day. The good news is that there are countless resources to be found across the Internet if you are keen to learn more. Furthermore, do not hesitate to bookmark this article for future reference if desired.
By Aduragbemi Omiyale
The suspension earlier placed on Thomas Wyatt Nigeria Plc by the Nigerian Exchange (NGX) Limited has been lifted.
This action was taken on Wednesday, allowing investors to resume trading in the shares of the company, a pioneer paper conversion and printing firm in Nigeria.
Recall that on February 11, 2025, the stock market regulator suspended trading in the equities of Thomas Wyatt because of its inability to publish its financial statements for the year ended March 31, 2024.
The embargo on the organisation, according to the NGX, was in line with the provisions of Rule 3.1: Rules for Filing of Accounts and Treatment of Default Filing (Default Filing Rules).
Business Post reports that the rule requires the regulator to prohibit the buying and selling of the company’s securities on its platform “If an issuer fails to file the relevant accounts by the expiration of the cure period.”
However, before the suspension if effected, the NGX must have sent the defaulting firm “a second filing deficiency notification” within two business days after the end of the cure period.
After the suspension of trading in the issuer’s securities, the NGX must “notify the Securities and Exchange Commission (SEC) and the market within 24 hours.”
In a statement last Wednesday, the stock exchange informed the market that “Thomas Wyatt Nigeria has now filed its audited financial statements for the year ended March 31, 2024, and other outstanding unaudited financial statements for 2024.”
“In view of the company’s submission of its 2024 AFS, and pursuant to Rule 3.3 of the default filing rules, which states that the suspension of trading in the issuer’s securities shall be lifted upon submission of the relevant accounts provided the exchange is satisfied that the accounts comply with all applicable rules of the exchange. the exchange shall thereafter also announce through the medium by which the public and the sec was initially notified of the suspension, that the suspension has been lifted, trading license holders and the investing public are hereby notified that the suspension placed on trading on the shares of Thomas Wyatt Nigeria Plc was lifted on Wednesday, June 18, 2025,” the notice stated.
By Dipo Olowookere
There was an improvement in the level of activity at the Nigerian Exchange (NGX) Limited last week, with 3.566 billion stocks worth N115.403 billion exchanging hands in 99,960 deals compared with the 2.057 billion stocks valued at N51.015 billion traded a week earlier in 65,016 deals.
It was observed that the financial services sector was the most active with 2.166 billion shares sold for N62.046 billion in 45,851 deals, contributing 60.73 per cent and 53.76 per cent to the total trading volume and value, respectively.
The consumer goods industry traded 580.893 million equities valued at N10.896 billion in 10,909 deals, and the services counter exchanged 193.300 million shares worth N2.449 billion in 6,306 deals.
The trio of Zenith Bank, Champion Breweries, and Access Holdings accounted for 1.003 billion stocks valued at N26.076 billion in 14,232 deals, contributing 28.14 per cent and 22.60 per cent to the total trading volume and value, respectively.
In the five-day trading week, 55 equities appreciated like the preceding week, 42 shares depreciated versus 39 shares of the previous week, and 51 stocks closed flat, in contrast to 54 stocks of the previous week.
Ellah Lakes gained 23.09 per cent to sell for N5.33, Beta Glass appreciated by 19.43 per cent to N276.00, LivingTrust Mortgage Bank improved by 18.88 per cent to N6.80, GTCO advanced by 18.81 per cent to N84.95, and Meyer rose by 13.61 per cent to N9.60.
Conversely, Northern Nigeria Flour Mills lost 17.19 per cent to trade at N93.20, Sunu Assurances depleted by 12.81 per cent to N4.56, Oando tumbled by 11.59 per cent to N61.00, International Energy Insurance crashed by 9.55 per cent to N1.61, and Omatek deflated by 7.59 per cent to 73 Kobo.
Business Post reports that the All-Share Index (ASI) and the market capitalisation appreciated by 2.35 per cent and 2.40 per cent to close the week at 118,138.22 points and N74.534 trillion, respectively.
Similarly, all other indices finished higher except the industrial goods and sovereign bond indices, which fell by 0.36 per cent and 0.78 per cent apiece, while the AseM index closed flat.
By Dipo Olowookere
The last trading session of the week on the floor of the Nigerian Exchange (NGX) Limited ended on a positive note on Friday with a 0.24 per cent rise.
During the trading day, the market capitalisation of Customs Street was up by N175 billion to N74.534 trillion from the N74.359 trillion recorded on Thursday.
In the same vein, the All-Share Index (ASI) of the local bourse increased by 277.09 points to 118,138.22 points from 117,861.13 points due to sustained bargain-hunting by investors in the banking and commodity sectors.
Data showed that the banking index went up by 1.65 per cent and the commodity sector appreciated by 0.75 per cent.
However, the insurance industry weakened by 1.07 per cent, the industrial goods space lost 0.76 per cent, and the consumer goods and energy counters fell by 0.16 per cent each.
Legend Internet grew by 10.00 per cent to sell for N7.92, Ellah Lakes appreciated by 9.90 per cent to N5.33, Champion Breweries expanded by 9.63 per cent to N8.20, Guinea Insurance rose by 8.70 per cent to 75 Kobo, and eTranzact gained 7.52 per cent to settle at N7.15.
On the flip side, Sunu Assurances declined by 8.62 per cent to N4.56, Northern Nigeria Flour Mills lost 8.00 per cent to trade at N93.20, Thomas Wyatt moderated by 7.83 per cent to N2.00, Livestock Feeds retreated by 6.90 per cent to N8.10, and NEM Insurance contracted by 5.03 per cent to N17.00.
A total of 487.1 million units of shares worth N18.7 billion exchanged hands in 17,421 deals yesterday compared with the 894.0 million units of shares valued at N22.0 billion transacted in 17,257 deals in the previous day, indicating an improvement in the number of deals by 0.95 per cent, and a contraction in the trading volume and value by 45.52 per cent and 15.00 per cent, respectively.
The busiest stock for the session was Fidelity Bank, which traded 38.3 million units valued at N741.5 million, CWG exchanged 25.0 million units for N230.8 million, Zenith Bank transacted 24.9 million units worth N1.2 billion, Coronation Insurance sold 24.4 million units valued at N48.7 million, and Access Holdings traded 23.6 million units worth N517.9 million.
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