Astockmarket,equitymarketorsharemarketistheaggregation of buyers and sellers of stocks, which represent ownership claims on businesses. These may include securities listed on a public stock exchange, as well as stock that is only traded privately. The sto
When a stock goes on sale
When it comes to shopping, consumers are always on the lookout for a deal. Black Friday and the festive season are perfect examples of low prices spurring high demand for products. However, for some reason, investors don’t get nearly as excited when stocks go on sale. In the stock market, a herd mentality takes over, and investors tend to avoid stocks when prices are low.
Sometimes this period is a great opportunity for investors, who can pick up many stocks at beatendown prices. The period of time after any correction or crash has historically been great times for investors to buy-in at bargain prices.
When it hits your buy price
According to www.investopedia.com, analyst reports are a good starting point, as are consensus price targets, which are averages of all analyst opinions.
In investing, it is important to estimate the worth of a stock. That way, investors will know whether it is on sale and likely to rise up to this estimated value. Coming to a single stock-price target is not important. Instead, establishing a range at which you would purchase a stock is more reasonable. Without a price target range, investors would have trouble determining when to buy a stock.
When you have done your own homework
Relying on analyst price targets or the advice of newsletters is a good starting point but great investors do their own homework on a stock. This can stem from reading a company’s annual report, reading its most recent news releases and going online to check out some of its recent presentations to investors or at industry trade shows. All this data can be easily located at a company’s corporate website under its investor relations page.
When to hold the stock
It can take a couple of years for a stock to appreciate closer to a price target range. It would be even better to consider holding a stock for three to five years – especially if you are confident in its ability to grow. Properly identify a stock’s price target and estimate if it is undervalued. Don’t plan on seeing the stock you bought rise in value anytime soon. It can take time for a stock to trade up to its true value. Analysts who project prices over the next month, or even next quarter, are simply guessing that the stock will rise in value quickly.
Iam a graduate of Delta State University and I currently work with a non-governmental organisation known as Kiss the Family Steer Initiative. I function as a logistics officer coordinating and ensuring smooth implementation of the company’s programmes, by managing transportation, and liaising and negotiating with suppliers, retailers and other stakeholders.
On the side, I am an entrepreneur. I have a company called, Mostpeaceful Collections, which has been operating since 2014. We sell fashionable and unique items such as bags, perfumes, and other souvenirs (all made in Nigeria) for men at affordable prices. I also have talent, passion and love for photography. I express my photography skills in a studio called Studio 22.
In addition, I am a brand promoter for Bivestyles, a company where we make clothing for both males and females, ranging from casual to cooperate outfits and native attires.
My job as a logistics officer entails that I have to be aware of logistics services and opportunities in KFSI locations. I also need to have knowledge of financial and human resource procedures, as well as a good level of technical skills in communication, multitasking and being a good team player.
Having to balance my job with my side hustle can sometimes be challenging. Most of my time is dedicated to my main job while I attend to my clients after the official working hours and at weekends ( after all, that’s why it’s called a side hustle)
As regards the challenges I face with work and my side hustle, I am not affected so much because my side hustle mainly done online. It basically has to do with time management and I schedule my activities properly. Sometimes though, my side hustle takes a bit of my personal time.
However, it is very important to have multiple streams of income in order to have savings to solve personal issues and be able to meet future goals. That is the major reason why I work so hard at my job and side hustle. is