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Monday, 2 April 2012

NAIRA COST AVERAGING (NCA)!


Naira Cost Averaging works because it acknowledges that we're all dummies when it comes to stock investing. With NCA, you buy relatively few shares when share prices are higher and more shares when prices are lower, thus giving you the lowest cost on average. And that with the same invested Naira. Since the average lowest cost is lower than the average lowest price, you're in a great position to enjoy some gains. 

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