number of stocks to have in ones portfolio

[billions]

Originally Posted by threecrown

Great discussions on this tread. Am meanly in to properties in naija and properties is very profitable anywhere in the world including naija. It all depends on your strategy. I simply run mine like a company and if i dont come to naija in three years, the company get the rent, attend to tenants needs and i chop the company's money as the Chairman/CEO. Now am building 8 sets of two bed room flats in a small estate in Ibadan.

Great!

So, do u know what d cost of building a 4 bedroom flat is and the rent to get from it in lagos or any brillant location dat u know?

CHEERS.

[threecrown]

Originally Posted by billions

Great!

So, do u know what d cost of building a 4 bedroom flat is and the rent to get from it in lagos or any brillant location dat u know?

CHEERS.

Hmmm, i cant give an estimate because it depends on what u want. if it is for business as i do, i don't consider story buildings so i take advantage of cheaper and more spacious lands outside lagos like Abeokuta and Ibadan. But why do you want a four 4 bedroom flat? I only do few 3 bed flats and more 2 bed flats because of those i target as tenants (singles and young couples in coporate working class).But which everway, many building materials are seasonal in prices so you have to be able to take advantage of that to reduce your cost.

[billions]

Originally Posted by threecrown

Hmmm, i cant give an estimate because it depends on what u want. if it is for business as i do, i don't consider story buildings so i take advantage of cheaper and more spacious lands outside lagos like Abeokuta and Ibadan. But why do you want a four 4 bedroom flat? I only do few 3 bed flats and more 2 bed flats because of those i target as tenants (singles and young couples in coporate working class).But which everway, many building materials are seasonal in prices so you have to be able to take advantage of that to reduce your cost.

Sorry,what i meant was 4 flats(3 or 2 bedrooms each)...1 storey building.


can u give a rough estimate of ROI based on what/where u build...?thx.

[emmanuel ewumi]

Am a full time stock market investor.l have 50 stocks spread among the various sectors of the economy.This stocks are domiciled with 4 stock broking firms.
The fifty stocks are the capital base,which l pledge as collateral to take position in 3 to 5 selected stocks.These stocks are kept with another broker.
Due to the number of my stocks,the effect of the bear is reduced.
When l make returns from the 3 to 5 stocks,l liquidate my debt.Plough back to beef up my capital base,transfer money that can be spent for 12 to 18 months into my account,look for cheap property to buy.And start planning for what stock to buy.
This is my strategy,am enjoying it and it is stress free to me.
My mentor has 140 stocks,45 houses and he also planning to increase his holdings.Just sold 2 houses to take position in Skye bank.

[billions]

Originally Posted by emmanuel ewumi

Am a full time stock market investor.l have 50 stocks spread among the various sectors of the economy.This stocks are domiciled with 4 stock broking firms.
The fifty stocks are the capital base,which l pledge as collateral to take position in 3 to 5 selected stocks.These stocks are kept with another broker.
Due to the number of my stocks,the effect of the bear is reduced.
When l make returns from the 3 to 5 stocks,l liquidate my debt.Plough back to beef up my capital base,transfer money that can be spent for 12 to 18 months into my account,look for cheap property to buy.And start planning for what stock to buy.
This is my strategy,am enjoying it and it is stress free to me.
My mentor has 140 stocks,45 houses and he also planning to increase his holdings.Just sold 2 houses to take position in Skye bank.

Ur strategy sounds nice but one needs to be careful abt taking large loans.

[emmanuel ewumi]

Large loan is not absolute,but a relative statement.My broker give a minimum loan of N5 million and a maximum of N1 billion.Payment can be monthly , quaterly,or bullet payment.You can also roll over. There are stock traders who have been rolling over since 2004.
The most important thing is to know what you are doing,who shop for loan from.And having more than 2 streams of income.
All the same BILLIONS,thanks for the advice.

[billions]

Originally Posted by emmanuel ewumi

Large loan is not absolute,but a relative statement.My broker give a minimum loan of N5 million and a maximum of N1 billion.Payment can be monthly , quaterly,or bullet payment.You can also roll over. There are stock traders who have been rolling over since 2004.
The most important thing is to know what you are doing,who shop for loan from.And having more than 2 streams of income.
All the same BILLIONS,thanks for the advice.

There is nothing that is not relative in life.

I have learnt 1 thing from ur strategy and i hope to put it to use soon.Cheers.

[nwoyearoh]

Originally Posted by emmanuel ewumi

Large loan is not absolute,but a relative statement.My broker give a minimum loan of N5 million and a maximum of N1 billion.Payment can be monthly , quaterly,or bullet payment.You can also roll over. There are stock traders who have been rolling over since 2004.
The most important thing is to know what you are doing,who shop for loan from.And having more than 2 streams of income.
All the same BILLIONS,thanks for the advice.

N1billion!
What is the leverage ratio and who is your stockbroker?
I need to switch!

[emmanuel ewumi]

l have 4 stock brokers, Amyn Investment,Union capital,UBA stock brokers and Premium Securities Ikoyi.Premium is a subsidiary of FBN Capital and a member of the First bank group.They have been giving margin facilities for more than 20 years,when were still a subsidiary of the old FBN merchant bank.
No restriction on what to buy,they wont give you advice either,because they
believe you are a sophisticated investor.So you have to do your home work and bear the risk.
lf you need more information contact me on manewumi@yahoo.com

[azob2002]

Originally Posted by emmanuel ewumi

l have 4 stock brokers, Amyn Investment,Union capital,UBA stock brokers and Premium Securities Ikoyi.Premium is a subsidiary of FBN Capital and a member of the First bank group.They have been giving margin facilities for more than 20 years,when were still a subsidiary of the old FBN merchant bank.
No restriction on what to buy,they wont give you advice either,because they
believe you are a sophisticated investor.So you have to do your home work and bear the risk.
lf you need more information contact me on manewumi@yahoo.com

Ur strategy sounds quite ok.. u spread ur brokers and also spread ur advice tips.. but as for me as a broker with interest in the estate sector, i have built a couple of hostels in universitiy town ands then use the profits to build a couple of corporate buildings to rent to busineses. I use my private company to manage them and i can asssure u that the returns have been wonderful...

However on the stocks i also advice that the Boston consulting matrix be applied at all times cos only cahange is constant, as such as soona s a stock stops being a cash cow i exit, though i place most of my bets on the growth coys

[emmanuel ewumi]

Originally Posted by azob2002

Ur strategy sounds quite ok.. u spread ur brokers and also spread ur advice tips.. but as for me as a broker with interest in the estate sector, i have built a couple of hostels in universitiy town ands then use the profits to build a couple of corporate buildings to rent to busineses. I use my private company to manage them and i can asssure u that the returns have been wonderful...

However on the stocks i also advice that the Boston consulting matrix be applied at all times cos only cahange is constant, as such as soona s a stock stops being a cash cow i exit, though i place most of my bets on the growth coys

The problem is that most people,concentrate only on the stock market,but one needs a source of income to play the market well.
If you have a business that brings in money regularly,properties and stocks then you are the perfect investor.When stocks are ridiculously priced during the bull market,you can sell your shares and buy properties that can give you rental income.Or use the proceed to expand your business or better still nothing stops one from also having ones private placement when the market is bullish.
With this method,whether the market is bullish or bearish the perfect investor will always make money.When the market is bearish you can sell the properties or use the rental income,to buy good stocks at a discount.

[billions]

Originally Posted by emmanuel ewumi

The problem is that most people,concentrate only on the stock market,but one needs a source of income to play the market well.
If you have a business that brings in money regularly,properties and stocks then you are the perfect investor.When stocks are ridiculously priced during the bull market,you can sell your shares and buy properties that can give you rental income.Or use the proceed to expand your business or better still nothing stops one from also having ones private placement when the market is bullish.
With this method,whether the market is bullish or bearish the perfect investor will always make money.When the market is bearish you can sell the properties or use the rental income,to buy good stocks at a discount.

I like ur approach.Are u still a full time investor...not getting salary from nowhere?

[emmanuel ewumi]

Originally Posted by billions

I like ur approach.Are u still a full time investor...not getting salary from nowhere?

No salary for more close to three years now.

[billions]

Originally Posted by emmanuel ewumi

No salary for more close to three years now.

Maybe i will be in ur positn after some yrs...full time investor.Sounds nice.CHEERS.

[kokoko]

Originally Posted by emmanuel ewumi

Am a full time stock market investor.l have 50 stocks spread among the various sectors of the economy.This stocks are domiciled with 4 stock broking firms.
The fifty stocks are the capital base,which l pledge as collateral to take position in 3 to 5 selected stocks.These stocks are kept with another broker.
Due to the number of my stocks,the effect of the bear is reduced.
When l make returns from the 3 to 5 stocks,l liquidate my debt.Plough back to beef up my capital base,transfer money that can be spent for 12 to 18 months into my account,look for cheap property to buy.And start planning for what stock to buy.
This is my strategy,am enjoying it and it is stress free to me.
My mentor has 140 stocks,45 houses and he also planning to increase his holdings.Just sold 2 houses to take position in Skye bank.

Will you please write a book about your exploits on the NSE? Books by successful investors you get to see are by Americans and about American markets. Thank you for considering writing it.