Background Info- Goings On With Your Stock 1

Dear All,
It is good to know that you re there and ready to be a part of this voyage into the recent past, present and perhaps the envisaged future ( without us trying to play GOD) trends in the financial nay more specifically Nigerian capital market .
It is important to say that we need to set some rules as we journey voyage is as much as possible
- we are not trying to re-invent the wheel here
- we are open to all without regards to race, color, creed, gender, rich, poor, middle class, aristocratic, professional, non-professional, educated , half-educated , illiterates, investors, non-investors, capital market players & watchers etc.
- interactive and participatory,
- open without being malicious
- avoid ‘’big grammar’’ so that it will not leave participants more confused than ever before
- we must avoid dramatics , name calling and accusations
- avenue to share your experiences etc so that we can be better informed in the future
- we are open to criticisms and flaks from each other (both from within & witout)
- etc

Permit me to set the tone by looking at the basic Secondary School Economics theory :
3 Reasons Why People Hold Money
A ) Transaction reasons : i.e. to meet our daily transactions
B ) Precautionary reasons : i.e. to meet un-envisaged eventualities
C ) Speculative reasons : i.e. to meet investments – saving for the rainy day

Volume of money available to meet investment falls under category C and the level which determined by general income level, inflation rate, availability of investment opportunities, eye for the quick bucks and perceived risk level of investments etc.

Now wait a minute if indeed it is true that Nigeria per capita income have always hovered around $500 for decades then ,you & I need to sit back and do a simple mental calculation and conclude that amount of investible funds available for Category C purposes above could not have accounted for the phenomenal leap in activities which took place in the Nigerian Capital Market in 2005 – 2007...