Nigerian Stock Exchange Lagos Nigeria - Free Stock Market Tips
First, let me assure that there is nothing magical about the Nigerian stock exchange. It's a buying and selling market like any other market. And yes, you can make over a hundred percent return on investment in six months to one year if you pitch your tenth with the right stock and the right company.
I have seen live examples, real people, in Nigeria who have made over a hundred percent return on their stock market investment within eight months.
Over a hundred percent! Incredible!
Yes, it is incredible. In fact, it is almost unbelievable. But it is true.
There are very very few stock exchanges in the world where this can happen. But it's happening in Nigeria! This is the real deal!
A word of caution.
Yes, a good number of people have made return on investment of hundred percent and even above in some instances in the Nigeria stock market. But that is not the norm.
There are a number of reasons.
The end result?
Flood of tears as Nigerians and other foreigners who invested in the stock exchange saw their stock crash almost irreversibly.
Many folks ended up in debt because of over-optimism about the potentials of the Nigerian stock market to deliver instant riches. Unfortunately, the huge losses incurred by many, especially short-term investors, has once again slowed down activities in the Nigeria stock market.
But as always, the market will bounce back again when people finish licking their wounds.
Don't invest blindly. Talk to experienced investors and experienced Nigerian stock exchange brokers before deciding where to invest. If you invest right, you will reap long-term benefits.
On the bright side . . .
Many Nigerians have abandoned the Nigerian stock exchange because of the current uncertainties.
Guess what . . . they have all shifted to investing in Nigeria real estate enmass once again. This is good news for Nigeria real estate agents. Right now, business is good because Nigerians are justling to acquire more properties as their cash flow improve. With each sale comes more commission for the Nigeria real estate agent.
Don't put all your eggs in one basket. Spread your investment. Broaden the scope of your investment portfolio. When you do, you spread your risk.