hias2012:


I have been investing in money market, treasury bills and mid term notes. But recently only in mid term notes and money market. Mid term notes by investment One used to be so juicy particularly in those days when the interest rate was as high as 24%. It has drastically fallen now like others and far below inflation rate just like TB and Money Market Fund. I have signed up for Iman and Balanced funds by Stanbic IBTC just few days ago for trial. I'll have to watch it for a year and more. I know these are more long term, sufficient part of these funds is invested in stock, which is generally likely to rally into the new year ahead due to present economic realities - political outlook, etc (IMHO). What I have committed is trial amount as I am not certain of anything here as of yet. But our funds on MM is actually eroding away due to poor returns.

I want to know what are the opinions of experts in the house.

I stick a fraction of my fund to MMF, and use this like a very high interest saving account, for money I do not wish for use for at least 5-10years.

The other goes to buying indexes, Etfs and stocks. I do not believe in actively managed mutual funds like balance funds, imaan funds even though I had these accounts for a very short time.

sgtponzihater1:


I stick a fraction of my fund to MMF, and use this like a very high interest saving account, for money I do not wish for use for at least 5-10years.

The other goes to buying indexes, Etfs and stocks. I do not believe in actively managed mutual funds like balance funds, imaan funds even though I had these accounts for a very short time.

Sir, which savings yield higher returns for fixed terms

VeeInsider:
Thanks for this. Regarding your last line, can you list good stocks that pay dividends and how often are the dividends paid?

I'm new to dividend paying stocks.

You can contact me through the numbers on my signature or go to the stocks thread for answers to such questions to avoid derailing this thread because here the discussion is supposed to be restricted to mutual funds. Thank you.

Thanks. I understand.

emmasoft:


You can contact me through the numbers on my signature or go to the stocks thread for answers to such questions to avoid derailing this thread because here the discussion is supposed to be restricted to mutual funds. Thank you.

Don't stress yourself with mmf wahala


Just invest with opay 15 percent /annum

License by cbn and insured by Ndic

Even pampay 20 percent /annum. But someone need to be very careful with all these platform.

Yungmil:
Don't
stress yourself with mmf wahala


Just invest with opay 15 percent /annum

License by cbn and insured by Ndic

Yungmil:
Don't stress yourself with mmf wahala


Just invest with opay 15 percent /annum

License by cbn and insured by Ndic

Except you are saving 300k and below, that's when opay is advisable

adedayo77:
Even pampay 20 percent /annum. But someone need to be very careful with all these platform.

There are actually no difference between them and other banks they are both insured and license by Ndic and cbn respectively.

You can also lose money in both mmf and opay too.

Chikebrain:

Except you are saving 300k and below, that's when opay is advisable

wow never knew this.

emmasoft:


Check my previous posts on fixed income fund particularly SFS fixed income fund which I'm involved in.

Most of the investors here tend to lean towards low-risk investment hence MMF is always discussed. Other funds like balance funds, growth funds, and equity funds carry more risk compared to MMF and fixed income hence most investors that will invest in such funds must have gained some confidence otherwise they remain with low-risk MMF. It's true that rates are low yet it's still better than leaving your money in a savings account. Remember it's a case of low-risk low returns and vice versa.

Another issue is the mode and duration of the returns on other funds, Some of them pay dividends once a year, and sometimes no dividends. The minimum holding periods of some of these funds apart from MMF are seen to be too long.

Personally, I advise my clients to invest directly in dividend-paying stocks instead of equity funds since it's practically the same risk involved.

Investing in equity fund is less risky than investing in stocks as an individual. The equity mix funds, particularly examples of those I had listed are split between money market and equity to further minimize the risks and with higher yields. Besides, you have experts managing same on your behalf. Fixed Income fund is basically not as yielding because it rides mainly on bonds, money markets, etc - hence it is called fixed income. There is actually no point investing on low income yielding investment these days except as a holding place in view of a major decision, and as opposed to savings in the bank. For someone like me with high risk aversion would readily settle for such mutual funds with history of satisfactory performance. So most saying invest in dividend stock should also advise that people look at these funds, which are a mix of equity and money market for the purpose of higher yield than money market alone. Especially here in this forum, where majority is like me - risk-averse investor.

hias2012:


Investing in equity fund is less risky than investing in stocks as an individual. The equity mix funds, particularly examples of those I had listed are split between money market and equity to further minimize the risks and with higher yields. Besides, you have experts managing same on your behalf. Fixed Income fund is basically not as yielding because it rides mainly on bonds, money markets, etc - hence it is called fixed income. There is actually no point investing on low income yielding investment these days except as a holding place in view of a major decision, and as opposed to savings in the bank. For someone like me with high risk aversion would readily settle for such mutual funds with history of satisfactory performance. So most saying invest in dividend stock should also advise that people look at these funds, which are a mix of equity and money market for the purpose of higher yield than money market alone. Especially here in this forum, where majority is like me - risk-averse investor.

When you invest in an equity-based fund during a bearish market you will understand better why I said investing in dividend-paying stock directly is preferred. True you will be told it's less risky and managed by professionals but the fact is that it's the state of the market that determines the returns on equity-based funds. Whether professionals or novices the market has a mind of its own.
However, go with what you are more comfortable with.
Your strategy or investment objectives matter when it comes to investing.

emmasoft:


When you invest in equity based fund during bearish market you will understand better why I said investing in dividend paying stock directly is preferred. True you will be told it's less risky and managed by professionals but the fact is that its the state of the market that determines the returns on equity based fund. Whether professionals or novice the market has a mind of its own.
However, go with what you are more comfortable with.
Your strategy or investment objectives matters when it comes to investing.

Stocks in our market do not follow any fundamentals. You will see a stock that has not moved for more than 10years and because of a bull market, it starts moving everyday without any information of any change in fundamentals. Before you know it, rookies will be sucked in and the so called professionals that triggered the artificial movement will dump on them and move on.

freeman67:


In addition, the USD is to be transferred from an off shore account as there is restriction on transfer from one Nigeria Dorm Account to another. Also, cash deposits into an investment accounts is not allow.

In the case of liquidation of investment, does it imply that one can only liquidate into an offshore account? Thanks!

seyisanya:
In the case of liquidation of investment, does it imply that one can only liquidate into an offshore account? Thanks!

I only liquidated once back in the days when everything was still ok to my dorm account. I don't think anything would have changed sha.

Please what's the current yield per annum for stanbic mmf?

Gvstavo:
Please what's the current yield per annum for stanbic mmf?

9.78

Yungmil:
wow never knew this.

Funny, you have not use what you are promoting.

Federal government savings bond

https://www.nairaland.com/7796975/federal-governments-savings-bond-offer

narite:

Funny, you have not use what you are promoting.

Funny am not promoting it!!! Just a suggestion.

Chikebrain:

Except you are saving 300k and below, that's when opay is advisable

It's actually on <= 100k balance not 300k anymore. The 300k was old news

Dollar Mutual Fund
A dollar mutual fund of 12.13% is available at Norrenberger Asset Management.

Get in touch with my displayed contacts.

emmasoft:

Dollar Mutual Fund
A dollar mutual fund of 12.13% is available at Norrenberger Asset Management.

Get in touch with my displayed contacts.

Net or gross

ernie4life:


Net or gross

It's net

emmasoft:


It's net

how solid is this our firm

RayRay06677:


how solid is this our firm

You can check them out.
It's SEC regulated. They are the ones that bought international energy insurance.

Good evening
Please what is the process of topping up the Stanbic ibtc account now
Thanks

See the attached from Norrenberger capital and asset Management.

Get in touch to start investing in MMF, Dollar fund etc.

Call/chat with my displayed contacts on the signature.

PS: Please note that the quoted rates are gross, not net as was informed earlier. I just got this clarity from the team in charge.
Thank you.

emmasoft:

See the attached from Norrenberger capital and asset Management.

Get in touch to start investing in MMF, Dollar fund etc.

Call/chat with my displayed contacts on the signature.

Nice one
Please how reliable are these guys ?

It’s not only about the high rates, investors confidence also matters

simplebb:



Nice one
Please how reliable are these guys ?

It’s not only about the high rates, investors confidence also matters

Reliable like the ones you already know. Norrenberger have interest in asset management, insurance, stocks etc. They are SEC regulated, before I could post it here I have also done my dd moreover as a matter of principle and investment decorum I don't represent or do business with unregulated firms.
You can reach out to me if you need further clarification.

I dey about to run away from anything with dz company name. I've been trading stocks through them for some time now, I hardly get information about the amount a stock is bought or sold on my behalf except I asked & it will take them weeks to respond & God blessed them with a good lady that always answer call when body do her , she go talk down on person always making person feel sad for even calling to seek information.

emmasoft:

See the attached from Norrenberger capital and asset Management.

Get in touch to start investing in MMF, Dollar fund etc.

Call/chat with my displayed contacts on the signature.

newreality:
I dey about to run away from anything with dz company name. I've been trading stocks through them for some time now, I hardly get information about the amount a stock is bought or sold on my behalf except I asked & it will take them weeks to respond & God blessed them with a good lady that always answer call when body do her , she go talk down on person always making person feel sad for even calling to seek information.

Sorry about that. Things are getting improved. However, I will relate your feedback to the appropriate authority

I am actually in the mutual fund segment that is what I sell for them. I can assure you u will have a good experience. I will personally make sure that happens.