confluence: @yogun
i actually did KGIF some months back , i wanted to preserve my capital having sold some properties , so wanted where i could get yield of what the property was generating before i sold it, KGIF offers something similar pending when i will decide what to do with the money. i locked in for 1 year @ 12% on 10M. that is about 1.2m per year, this interest is usually paid in july and january of each year , your capital is guaranteed at the end of the tenure of fund, there is also a clause in their investment plan that says investors could get up to 35% more if the cbn MPR increase above 12% which i think the KGIF is referenced to. Expert in the house could provide more answers to that

confluence: @earnie4life, thanks for the call

Chillisauce: Treasure bills going down everyday.

By the time I move some finance to another platform like KGIF, they will remember to impose one policy to reduce interest rate.

I'm never lucky in this kind of things.

Chillisauce: Treasure bills going down everyday.

By the time I move some finance to another platform like KGIF, they will remember to impose one policy to reduce interest rate.

I'm never lucky in this kind of things.

ernie4life:
that why you are encouraged to diversify your investments and always seek professional advice before investing

feelamong:
hehehe.. making money is not easy naa..
ok try think about those in Europe that earn only 1-2% on deposits

Chillisauce: Treasure bills going down everyday.

By the time I move some finance to another platform like KGIF, they will remember to impose one policy to reduce interest rate.

I'm never lucky in this kind of things.

feelamong:

hehehe.. making money is not easy naa..

ok try think about those in Europe that earn only 1-2% on deposits

angelo82:


I think Bond is the only way out especially for investors that can invest for longer duration.

coderXO:

...heard that!

Nigeria paying 9+% is actually a great deal still but they don't know.

Even in the best of economies, they were only paying 4%.

Ghana pays 23% but their currency has dropped 34% in the last six months.

Nigeria pays 10% with a relatively stable Naira since 2 years.

Chillisauce:

You mean the federal government bond? I guess it's like 10yr period. I don't trust Nigerian government to last that long. Yes, I analyseriskvery well. And I'm always on point

angelo82:

Yeah I mean FGN Bond and they have 3,5,7 and 10 years series of Bond and the rates are good too but even at that before you can get involve in any Bond you must wait until after 2015 election to see how stable the government is…..You don't have to fear because money to pay the bond is always included in the budget and backed by law….Its good to be very careful when you are going to invest your money,so you need to scrutinize everything very well.Can you believe that I was offered 12.5% by Investment One but I don't feel good with it and I went for 10% with a bank that I am very familiar with….So risk is a serious factor to consider in anything but FGN Bond is secure but the political factor is the problem for investors right now….

angelo82:

Yeah I mean FGN Bond and they have 3,5,7 and 10 years series of Bond and the rates are good too but even at that before you can get involve in any Bond you must wait until after 2015 election to see how stable the government is…..You don't have to fear because money to pay the bond is always included in the budget and backed by law….Its good to be very careful when you are going to invest your money,so you need to scrutinize everything very well.Can you believe that I was offered 12.5% by Investment One but I don't feel good with it and I went for 10% with a bank that I am very familiar with….So risk is a serious factor to consider in anything but FGN Bond is secure but the political factor is the problem for investors right now….

gabscity:

thats y i dont wanna do dia KGIF with my tashere hard earned money. assuring me 12% when we all knw rates fluctuate. i dnt want that ooo.

lancee: pls house when is the next T-bills Auction

Bamz:

On the 17th.

nitrogen: I see rates going up this time. Lemme check, am coming.

angelo82:

Yeah I mean FGN Bond and they have 3,5,7 and 10 years series of Bond and the rates are good too but even at that before you can get involve in any Bond you must wait until after 2015 election to see how stable the government is…..You don't have to fear because money to pay the bond is always included in the budget and backed by law….Its good to be very careful when you are going to invest your money,so you need to scrutinize everything very well.Can you believe that I was offered 12.5% by Investment One but I don't feel good with it and I went for 10% with a bank that I am very familiar with….So risk is a serious factor to consider in anything but FGN Bond is secure but the political factor is the problem for investors right now….

INFOTECH2:


Why where you not feeling good about the investment one offer? Was it just gut feeling or do they have some sort of bad record?

Need to know cos I do most of my transactions with them.

Thanks

INFOTECH2:


Why where you not feeling good about the investment one offer? Was it just gut feeling or do they have some sort of bad record?

Need to know cos I do most of my transactions with them.

Thanks

angelo82:

I seriously don't know much about them……

Godside:

Plz can you help me out abt Knowin more abt Tb nd how i can always knw when to invest cuz i want to start wit 400k