Judah MD

Equity Investor || Medical Doctor || Arsenal Fan

I talk about investing and personal finance.

✉️ [email protected]

[Judah MD @ThatJuDaH]

I read this piece by the legend @Rufyb and I decided to sell my Ngxgroup at N153.5 2 days ago. (My average entry was 156, but I am in net profit cos I will get my shares from the 3 for 1 offer). My conviction was xrayed by the post and I understood that it was overvalued, so I decided to sell.

It's N148.9 now.

The stock may still rally to N180 with the listing of the refinery and the ftse Russell classification upgrade, but those weren't enough to keep me holding an overvalued stock.

Whenever my conviction shifts, I take action.

If the stock goes down to its fair value around N120, I may or may not consider re-entry.

Not financial advice
Just journalling my personal experience.

[Rufybaba @Rufyb]

https://t.co/vHuyMqSPkX

[Judah MD @ThatJuDaH]

@dr_rhookie 100% gay😁

[Judah MD @ThatJuDaH]

@E_maigida No be small thing

[Judah MD @ThatJuDaH]

This is why we always say
HAVE AN EMERGENCY FUND!!!

Imagine if your portfolio is made up of MTN, GTCO, Wapco, ngxgroup. These stocks and most other large caps have been bleeding recently.

Imagine a need came up urgently and you had to sell stocks

Or imagine if you kept your rent money in the stock market and now your rent is due

You would be selling your shares at a discount by force

Sure way to lose money in the market

Always have an emergency fund and don’t put money you will be need in a short time frame.

[Compounding Naira @compoundinnaira]

Everything that can go wrong will eventually go wrong, most investors never factor this into their investments.

[Judah MD @ThatJuDaH]

@THAT_NGX_GUY Una must suffer with me 🥲

[Judah MD @ThatJuDaH]

Even the US stock market is bleeding

Assuming the stock market was a woman, this would be that time of the month 🌚

[Ted @TedPillows]

$180,000,000,000 erased from the US stock market at open.

[Judah MD @ThatJuDaH]

@MudiTheInvestor I will try boss

[Judah MD @ThatJuDaH]

Wasn’t supposed to buy anymore in June, but I couldn’t resist🥲

[Judah MD @ThatJuDaH]

@UtdMaI That one no concern Fabrizio with his Elon Money

[Judah MD @ThatJuDaH]

@SeunArinye @Rufyb Alright

It should rebound by September

[Judah MD @ThatJuDaH]

I read this piece by the legend @Rufyb and I decided to sell my Ngxgroup at N153.5 2 days ago. (My average entry was 156, but I am in net profit cos I will get my shares from the 3 for 1 offer). My conviction was xrayed by the post and I understood that it was overvalued, so I decided to sell.

It's N148.9 now.

The stock may still rally to N180 with the listing of the refinery and the ftse Russell classification upgrade, but those weren't enough to keep me holding an overvalued stock.

Whenever my conviction shifts, I take action.

If the stock goes down to its fair value around N120, I may or may not consider re-entry.

Not financial advice
Just journalling my personal experience.

[Rufybaba @Rufyb]

https://t.co/vHuyMqSPkX

[Judah MD @ThatJuDaH]

@Smiths_AB It may likely accelerate your growth

In my opinion, the sooner, the better

[Judah MD @ThatJuDaH]

@MudiTheInvestor @3signxxx Yes Sir

[Judah MD @ThatJuDaH]

@EmmaSax10 😖

[Judah MD @ThatJuDaH]

With the expectation that June will be red, having bought everything I want to buy for June, I feel like deleting my brockerage app, to reinstall it in July

[Judah MD @ThatJuDaH]

It’s very important to develop personal investing rules to keep you grounded in the face of market chaos.

I think I will develop something like this for myself

[Vikimedia @Folorun26581682]

My portfolio strategy

[Judah MD @ThatJuDaH]

@Jessseglee We will join you to smile later Sir

[Judah MD @ThatJuDaH]

@AfcN5Charles Your favorite was also on the pitch

[Judah MD @ThatJuDaH]

@Mo_Arsenal9 Joao Pedro

[Judah MD @ThatJuDaH]

@AfcN5Charles Who scored a valuable goal against PSG in the final?

[Judah MD @ThatJuDaH]

@AfcN5Charles Oh havertz

Fair

But he brings stuff to the table

I say keep him

[Judah MD @ThatJuDaH]

Peep the other hallucination

Wapco closed at 307.89, -9.97%, but it hallucinated 320 (-6.43%) with so much confidence

[Judah MD @ThatJuDaH]

Want to see something funny?

AI hallucinating

How it started

[Judah MD @ThatJuDaH]

How it ended.

Don’t trust AI for real time data and any info in general.
Always have some background knowledge about whatever you are asking AI or it will lead you inside the bush.

Has AI ever done this to you before?

[Judah MD @ThatJuDaH]

@MudiTheInvestor Imagine oo

Those that don’t know 😅

[Judah MD @ThatJuDaH]

@ShedomL @Rxbremen Nwa nna’m

Don’t worry

I ga e fu

[Judah MD @ThatJuDaH]

@NationalGridNg Great steps in the right direction if this is true