Sunday, March 12, 2017

Penny wise Pound foolish: Poverty Mentality

I got this from one of my whatsapp pages and I'll say it's an amazing write up. Enjoy and Learn.
.......................................................................
Show me a POOR man and I'll show you a man who

P - Passes
O - Over
O - Opportunities
R - Repeatedly.

A man who sees challenges in every opportunity instead of seeing opportunity in every challenge.

Being a MAN is not a title, it's a responsibility. It means you have to answer financially in the
M - Morning
A - Afternoon and
N - Night.

You must take great risks to receive greater rewards.

You must plan and strategize, you must value profit not wages, you must be focused and you must be determined if you want good success.

Last but not least, You must involve God.

Jack Ma - the founder of Alibaba said: "The worst people on earth to serve are the POOR PEOPLE"

POOR:  *meaning*  "Passing Over Opportunities Repeatedly"

See the reasons below:

1)Give them for free, they will think it is a trap.

2)Tell them it's a small investment, they will say you can't earn much.

3)Tell them to come in BIG, they will say "I don't have any money".

4)Tell them to try new things, they will say "no experience; has it been proven to work? Who has gained from it before?".

5)Tell them it's a traditional business, they'll say "it's too HARD to do".

6)Tell them it is a new business model, they will say "I don't do network marketing and how many years has this business model been existing?".

7)Tell them to run a shop, they will say "I will be tied down, I'll have no freedom".

8)Tell them to follow a 1-year business plan, they will say "it's too long. Please, I can't wait for so long".

9)Ask them what can they do? They will say "I can do ANYTHING".

10)They like to ask friends who are as hopeless as themselves to get their opinions. Even the Bible acknowledges the fact that blind people don't lead blind people.

11) They think more than a University Professor and do less than a blind man.

Penny wise, Pound foolish.

One major challenge POOR people have is "LACK OF ACTION!"

They enjoy their comfort zone, dwelling and swimming in their "own type of knowledge".

Anything beyond their reason "can't work, and therefore it is fraudulent"

This is the cause!

Proverbs 6:10-11 says: "A little sleep, a little slumber, a little folding of the hands to rest, and poverty WILL come on you like a thief and scarcity like an armed man."

Remember: It's RISKY to take a RISK, but it's even RISKIER not to take any risk at all...

BE POSITIVE
BE SMART
BE PRO-ACTIVE?

Monday, February 27, 2017

GSE goes down as Ecobank Ghana (EGH) declines

The major indices recorded negative return today, following a decline in EGH's stock price. The year-to-date return on the GSE-CI fell to 9.79% with the GSE-Composite Index shedding 2.61 points to close trading at 1,854.49 points. The year-to-date return on financial stocks also fell; settling at 13.21%, as the GSE-Financial Stock Index shed 4.35 points to close trading at 1,749.59.
 
The trade volume and corresponding trade value more decreased, compared to Monday's figures, as 0.15 million shares were exchanged for GHS0.27 million. CAL and GCB emerged as the most traded counters as their transactions made up for 37.99% of the total market volume and 42.62% of the total value traded respectively.
 
Two stocks recorded price changes today GOIL on the upside with a pesewa to close at GHS1.17 while EGH on the other hand, dropped GHS0.07 to close at GHS7.13.

-- CAL BROKERS LTD.
 


Monday, February 20, 2017

Stop the bleeding of your portfolio, don't sell, reduce loss and hold

The Ghana Stock Exchange ended the week positively, following 0.22% rise in GCB's stock price. The GSE-Composite Index closed recording a year to date of 7.11%. The GSE-FSI gained 0.73 points to close trading at 1,695.04 points reaching  a CYTD of 9.64%.

There have been a lot of activities on the exchange this year with some stocks recording their highest trades ever since inception of trading. This looks promising after a tough year in 2016.
Some investors who got into the market whiles the market was at its low point are beginning to get out retrieving their gains in some good performing stocks like Fan Milk (FML) and GCB bank among others. The issue of timing is very crucial when it comes to investing. Others are still taking advantage of the relatively low prices of stocks in the market hoping for a better year under the new government.

Despite all these some investors are just totally giving up on the capital market and resorting to the money market hoping it gets back to its 2016 form.
Dumsor threatens, Inflation drops, IMF support to stay, probable drainage of Heritage fund to commence, what should one do with the bleeding portfolios of stocks.
This morning, I decided to mitigate the losses by buying more of the stocks I hold at a lower price than I earlier bought them. By so doing, a slight increase in the share price will restore me to the profit zone than waiting for the market to fully recover.

To stop the loss and start seeing gains, you need to consider buying more at the current lower price. How much more will depend on how deep the fall is from your cost price and how much you already hold.

I guess this is your best way out at this current state of the market. It is better than selling you out hoping on the money market.

What if things turn the other way round? Won't that cost me more? Yes..... It surely will. That's why it's a risky market hence you need to be tough and make that decision to stop the breeding.

Thursday, February 9, 2017

GSE recorded the highest single trade ever (Ghc 221.78mn)

The GSE Composite Index lost 2.23 points, after ETI stocks recorded a negative price change. The benchmark index closed today's trading at 1,796.31 points, with a year-to-date return of 6.35%. The GSE-Financial Stock Index also recorded a negative return of 0.25% as one financial stock slipped. The index closed trading today at 1,684.95 points from 1,689.21 points.
 
Trade volumes and values more than doubled compared to that of the previous sessions. CAL dominated trading by a volume of 99.97 % and a value of 99.95%.The total volume of shares traded was 151.88 million, valued at GHS221.78 million the highest single trade ever.
 
Six equities appreciated whiles ETI lost ground today. - CBL


Monday, February 6, 2017

14-day winning streak halted on GSE as 2 becomes greater than 5

Upward price movement in five stocks failed to hold off losses in two stocks as the stock market's 14-day winning streak was halted. The GSE Composite Index was down 30.85 points to 1,794.74 from a record high of 1,825.59. The year-to-date return on the bourse fell to 6.26%. The GSE-Financial Stock Index slipped 40.79 points to close at 1,684.33.
 
Trade volume and value increased by 24.37% and 23.77%, compared with the previous session. The volume traded was 0.14million, and the corresponding value, GHS0.14 million. UTB recorded the highest volume of trade, with 42.10% of the today's volume whiles TOTAL trades accounted for 38.34% of the total value traded.
 
There were five gainers, BOPP, GCB, SOGEGH, TOTAL and UNIL, and two losers, GOIL and SCB. - CBL

Tuesday, January 3, 2017

GSE Composite Index starts the year positively

GSE Composite Index started the year on a positive note, recording a 9.11 point increase from 1,689.09 points to close at 1,698.20 points. The index started the year with a 0.54% return.
 
Sixteen equities recorded activity with 1,057,849 shares being traded at a value of GHS 2,470,257.49. UTB led the market with 40.48% of shares traded while FML on the other hand had 92.24 % of the total value realised.
 
CAL, EGH, FML, GCB, SCB and TOTAL recorded gains respectively. No losses were recorded today.

- CBL RESEARCH


Thursday, December 29, 2016

What To Do Before Buying Any Stock

In all my investment coaching I tell my clients who want to venture into stocks trading or investment, to do one thing and that's what you should do before buying any stock in 2017.

And that is; READ MORE ABOUT EVERY COMPANY YOU DESIRE TO OWN.

Knowing more about the companies you buy or sell always gives you some upper hand and courage.

So get to work. And this is how;

On the Ghana Stock Exchange for instance there are about 35 listed companies. In 2017, target to read the Annual Reports, related news and learn more about what each of these 35 companies do.
You can dedicate one week to study about one company and before you know it, you will be more abreast with what's happening in the Market and then you can make informed decisions.
Most of the information you will need can be found here (www.annualreportsghana.com)
Fast readers can take two companies a week and read on.
Do not be scared of the figures and do not worry about interpreting the financial statements. The goal here is to know what these companies do to make profit, nature of their business, what industry they operate in, who is on their boards or management, who are the top 10 or top 20 shareholders, and any other relevant information you will get in their annual reports.

Doing this will not only get you informed but also build up some zeal or interest in you towards investing on the stock market.

You can apply this principle to other Investments you intend to hold, being it real estate, mutual funds, fixed income securities etc.

Simple task that always pays. Enjoy reading.


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