The smart investors have finally discovered ETFs as a low cost route to exposure and diversification.
I personally have not bought individual shares in years.
I personally have not bought individual shares in years.
ETFs are a hybrid financial instruments that offer the diversification of mutual funds but trade daily like stocks.
So you can buy Nigerian banking ETFs, get exposure to Nigerian banks, but can trade on that position.
#FinPlanETF
So you can buy Nigerian banking ETFs, get exposure to Nigerian banks, but can trade on that position.
#FinPlanETF
These are the listed ETFs traded on the Nigerian Stock Exchange....
If you buy the STANBICETF30...you are buying the "top" 30 listed stocks in the NSE index. That ETF is managed by Stanbic IBTC.
LOTUSHAL15 are Halal or "ethical" stocks.
#FinPlanETF
If you buy the STANBICETF30...you are buying the "top" 30 listed stocks in the NSE index. That ETF is managed by Stanbic IBTC.
LOTUSHAL15 are Halal or "ethical" stocks.
#FinPlanETF
The MSCI Nigeria ETF is listed international and invests in the largest and most liquid Nigerian stocks, including
Dangote Cement
GTB
Nestle
MTN
Zenith
NB plc
Stanbic IBTC
First Bank
Flour Mills
UBA
Thus you buy one share of the MSCI Nigeria ETF, you "own" MTN
#FinPlanETF
Dangote Cement
GTB
Nestle
MTN
Zenith
NB plc
Stanbic IBTC
First Bank
Flour Mills
UBA
Thus you buy one share of the MSCI Nigeria ETF, you "own" MTN
#FinPlanETF
Diversify international?
Well you buy ETFs that invest in select geographical areas.
If an investor wanted to invest in the US market, the Schwab US Broad Market ETF (SCHB) tracks d total return of d Dow Jones including 2,500 trading companies i.e. Apple & Boeing.
#FinPlanETF
Well you buy ETFs that invest in select geographical areas.
If an investor wanted to invest in the US market, the Schwab US Broad Market ETF (SCHB) tracks d total return of d Dow Jones including 2,500 trading companies i.e. Apple & Boeing.
#FinPlanETF
What about international markets?
The Vanguard Total Stock ETF (VXUS) tracks Emerging Markets, Europe, the Pacific and Middle East excluding the US; including stocks like
Alibaba
Tencent
Samsung
Shell
Toyota
Unilever.
#FinPlanETF
The Vanguard Total Stock ETF (VXUS) tracks Emerging Markets, Europe, the Pacific and Middle East excluding the US; including stocks like
Alibaba
Tencent
Samsung
Shell
Toyota
Unilever.
#FinPlanETF
Equity are risky....what if you wanted a safe steady return? buy wanted diversification?
Well the Fidelity Total Bond ETF (BNDW) works for you. it tracks globally issued investment grade bonds from America, Europe, and the Pacific.
#FinPlanETF
Well the Fidelity Total Bond ETF (BNDW) works for you. it tracks globally issued investment grade bonds from America, Europe, and the Pacific.
#FinPlanETF
So we have shown how ETFs can allow you build a diversified portfolio internationally.
Keep in mind equities can lose 100% of their investment value, thus very risky, speak to your Investment Advisor before making any investment.
Keep in mind equities can lose 100% of their investment value, thus very risky, speak to your Investment Advisor before making any investment.
How to buy?
Most international brokerages will require a US Social Security # before you can open an account
Trove however allows you buy international stocks without a SSN
Use link with my code. if you use my code and have a question, DM me
dashboard.troveapp.co/signup/CDXFHH
Most international brokerages will require a US Social Security # before you can open an account
Trove however allows you buy international stocks without a SSN
Use link with my code. if you use my code and have a question, DM me
dashboard.troveapp.co/signup/CDXFHH
If you have a US SSN I also recommend RobbinHood
