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Fixed Deposits Or Treasury Bills, Which Is Better? / Fixed Deposit And Treasury Bill Investments From Abroad / I Need Information On Treasury Bills In Nigeria (2) (3) (4)
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Re: Treasury Bills In Nigeria by edisoncash: 8:25pm On Feb 17, 2018 |
Wow so they are primary and secondary market in TB But come to think of it which one is more profitable |
Re: Treasury Bills In Nigeria by awesomeJ(m): 9:14pm On Feb 17, 2018 |
savewelllivewel:someone who could be confused about this kinda calculation. Should you be leading a client as per investment, would it be better to refer them to expert advisers? 2 Likes |
Re: Treasury Bills In Nigeria by savewelllivewel: 10:15pm On Feb 17, 2018 |
@ tony56, I am so grateful for taking your time to simplify the explanation for me. I knew it but wanted to be sure am on the right path, so as not to mislead my client. God bless you really good. |
Re: Treasury Bills In Nigeria by savewelllivewel: 10:16pm On Feb 17, 2018 |
@ tony56, I am so grateful for taking your time to simplify the explanation for me. I knew it but wanted to be sure am on the right path, so as not to mislead my client. God bless you really good. And to all those that took time out to explain one way or the other, am most grateful for all the formula. 1 Like |
Re: Treasury Bills In Nigeria by C4Ltd: 12:09am On Feb 18, 2018 |
edisoncash:secondary 4me 1 Like |
Re: Treasury Bills In Nigeria by buffalowings4: 12:53am On Feb 18, 2018 |
TONY56: Haha Na their way. |
Re: Treasury Bills In Nigeria by buffalowings4: 12:58am On Feb 18, 2018 |
I need 1 million Na when you dey purchase tb upwards of 1 million Na when this thing dey make sense jare. 2 Likes |
Re: Treasury Bills In Nigeria by haibe(m): 3:50am On Feb 18, 2018 |
C4Ltd:why? |
Re: Treasury Bills In Nigeria by haibe(m): 3:58am On Feb 18, 2018 |
Quick question: If no one is willing to sell their T bills investment after the primary market issue, there will be nothing like a secondary market right? Also assuming for a 91 says TB, only one person is willing to sell after a month (so 2 months remaining), does the bank necessary offer me the exact effective rate for a 2 months period? Or i need to renegotiate? |
Re: Treasury Bills In Nigeria by Nobody: 8:49am On Feb 18, 2018 |
buffalowings4:even 1 milla just give around 11 k per months..a good barbing shop with investment of 400 k can make 75 k monthly net income 5 Likes |
Re: Treasury Bills In Nigeria by Nobody: 12:39pm On Feb 18, 2018 |
Alikote: While i can't guarantee your hypothetical statement of 75k monthly net income coupled with the high cost of fuel to run the shop. Tbills is a passive income that requires you to do nothing while the other is an active income that makes you sweat by taking standing to rake in the money. 11 Likes |
Re: Treasury Bills In Nigeria by zamirikpo(m): 12:40pm On Feb 18, 2018 |
Alikote: Mind u ,TB is not for beginners. TB is meant to save extra cash productively. I and most of the guyz in this forum have running businesses or jobs or are retired and need to safely store excess cash. U can't be starting life with just 1 or 2m and u r talking of TB.....pls look for some profitable business that will keep u busy too. 9 Likes 1 Share |
Re: Treasury Bills In Nigeria by kaze4blues(m): 1:04pm On Feb 18, 2018 |
Alikote: Don't get it twisted. TB is just a great of investment from your income. Get a job or start a business and stop depending on TB to accumulate wealth. Unless you have excess above 20million, that's when you may want to depend solely on TB The key is to continue adding more funds 6 Likes |
Re: Treasury Bills In Nigeria by Nobody: 1:09pm On Feb 18, 2018 |
zamirikpo:it not for saving ..it an investment that why oyibo dey invest billion in Nigeria tb if rate are poor they move to stock if all are poor they move out of the country 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 1:12pm On Feb 18, 2018 |
Jejebaba:it require u to use u brain alway and well grounded in finance..u know of inflation , devalution , when to buy or sell then which tenor ....u just dont go and sleep 1 Like |
Re: Treasury Bills In Nigeria by godello: 3:18pm On Feb 18, 2018 |
Alikote:explain more please. |
Re: Treasury Bills In Nigeria by zinaunreal(m): 3:56pm On Feb 18, 2018 |
Alikote:big lie bro 1 Like |
Re: Treasury Bills In Nigeria by awesomeJ(m): 4:19pm On Feb 18, 2018 |
Who in his right senses would put just a few millions in the money market and expect to live off the meagre proceeds? For us, it's not a choice between T-bills and business, it's rather a choice over low-return deposit accounts, or over other riskier asset classes. Meanwhile, FSDH released a report on returns on the 10 most capitalised stocks on the NSE over a 10-year timeframe. Despite the huge returns on those stocks, compound interest at 15% average still beats 3 out of the 10. Compound interest is a great amplifier over the long term. 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 4:37pm On Feb 18, 2018 |
zinaunreal:why na lie how we are talking of lagos we cut hair 500 naira most office people barb weekly my barber make 120 k inside his container salon with a.c 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 4:39pm On Feb 18, 2018 |
godello:made over 3 m from dangote flour with just few hunderd of thousand 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by Agbaletu: 4:55pm On Feb 18, 2018 |
awesomeJ:Very correct |
Re: Treasury Bills In Nigeria by awesomeJ(m): 4:55pm On Feb 18, 2018 |
Alikote:wow, that's some profit. do you mind stating your entry time and price? |
Re: Treasury Bills In Nigeria by ositadima1(m): 4:56pm On Feb 18, 2018 |
zinaunreal: At #300 per haircut, 75k is about 250 haircuts in a month, thats about 8 haircuts per day. Its more than possible. 3 Likes |
Re: Treasury Bills In Nigeria by Nobody: 6:49pm On Feb 18, 2018 |
ositadima1: He said net not gross, have you prorated the annual cost of rent over the months? How about the cost of fueling, nepa Bill, waste disposal, repairs e.t.c 5 Likes |
Re: Treasury Bills In Nigeria by zamirikpo(m): 8:51pm On Feb 18, 2018 |
Alikote: That's what they tell you and you believe that u are actually investing. Pls be informed TB only helps u conserve the real value of your money. With every passing day inflation eats into the value of your money. Stocks is a totally different thing. With stocks I agree u are investing cos u can loose it all but could also make a fortune. Comes with its risk. The real value of TB is to keep your 10m , 10m after a year, inflation inclusive. 4 Likes |
Re: Treasury Bills In Nigeria by ositadima1(m): 9:00pm On Feb 18, 2018 |
rationalmind: I agree, not very profitable, but, you would have netted more return on your investment. 1 mil in Tbill will net you 12.5k per month at 15% interest. While at the barbers shop, minus running costs you did have 20k plus return every month on a 400k investment, thats 60% ROI. He was trying to say that if you don't have substantial amounts invested in tbills it shouldn't be you primary source of income, and that you can make higher returns applying your self with way much less capital. 7 Likes |
Re: Treasury Bills In Nigeria by C4Ltd: 9:05pm On Feb 18, 2018 |
haibe:primary market gave 3.15% for 364 but I got 3.17% for 231 days secondary. like that like that. secondary is just convenient for me. 1 Like |
Re: Treasury Bills In Nigeria by ositadima1(m): 9:09pm On Feb 18, 2018 |
zamirikpo: It all depends on the year's inflation rate, for example, at 10% inflation rate a 13.5% Tbills makes 3.5% profit on your money. Inflation rate for 2017 was quite high, 18% for food and non alcoholic beverages. At 15% inflation rate yearly 1,000,000 would be equivalent to 87,000 in 15 years , [1mil x (1-0.15)^15], inflation is a nasty bitch. |
Re: Treasury Bills In Nigeria by awesomeJ(m): 9:25pm On Feb 18, 2018 |
What I fear more is currency devaluation. Without it, inflation would be lower and its effects would be mild. Most of the significant price surges have been caused more by currency devaluation. 1 Like |
Re: Treasury Bills In Nigeria by ositadima1(m): 9:29pm On Feb 18, 2018 |
At 15% inflation rate yearly 1,000,000 of today would be equivalent to 87,000 in 15 years , [1mil x (1 - 0.15) ^ 15], inflation is a nasty bitch. |
Re: Treasury Bills In Nigeria by Nobody: 9:39pm On Feb 18, 2018 |
ositadima1: I very much agree with you, my goal is a slightly different version from what pa Emma once said. The moment the return on your portfolio ( dividends from stocks, interest rates on tbills, bonds, MF) equals or is more than your annual salary, you can consider making them your primary source of income. 4 Likes |
Re: Treasury Bills In Nigeria by Nobody: 9:54pm On Feb 18, 2018 |
zamirikpo:wrong u can get a negative return on tb if rate are less than inflation like now 13.5 but in act it around 15 while inflation is 0.5 that your lost while when it was 18.5 the real return was 22 while inflation is 18 so we made a positive curve of 3 |
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