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

The Punch - - PERSONAL FINANCE -

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

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