Investors Forum

April 22, 2013

INVESTORS SPEAK: Students express opinions on investment in shares

By William Jimoh & Amaka Abayomi

Nsikak Inyang
Investing in shares to me is not something many students can afford, most especially while you are still in school and you do  not have  a lot of financial backing from home to actually carry out such  investment.

I know what it stands for, but schooling in this type of environment where you have to pay heavily for everything, there is no way I can cope with the investment for now.  Probably, in the future when I am more comfortable than this, I may think of getting for myself and other members of my family.

Reality,   I have always heard of the fact that investing in the capital market will not require much stress from me and it is something that I love to do. In fact, I have been opportuned to attend some programmes that have educated me on the benefits of investing in shares, most especially for  young people.

But in a country like Nigeria, where students depend on their parents for most of their needs, if not everything in terms of financing their education, I don’t really think a student can go on such venture.

But maybe when the standard of living in the country improves and the youth can get jobs that will give them money to complement what they get from their  parents, they will also participate in such ventures. if for any reason, it will be in the future.

Adelere Yahyah
The stock market isn’t as interesting as it was before the global financial crisis. I bought my first shares in 2007 when Transcorp advertised for a Public Offer at N7.00 per share. Then, I bought 2,000 units for N14,000.

Today, it gives me no joy that my N14, 000 has gone down the drain as the value of the shares in the stock market is not even up to N1 per share. Even if I want to sell, I wouldn’t make money from my shares and this is disheartening.  My advice to students who intend to invest in the stock market is that they make proper investigations so as to be well informed about the dynamics of shares and the stock market.