queendoreez:



I would rather throw the money inside River Niger than buying a land/house in Ibeju-Lekki. That's how terrible it is.

I am with you on this.
Properties in that axis extremely overrated. Most of the projects are elephant projects. Those that deliver "eventually" use the worst materials in the market, you'd have to change everything yourself.

I recommend TBills. It's the most secured investment option around now, and you can get part of your earnings in advance... That's great.

For how many months pls?...

bettercreature:
Shut up!

Dude grow up.

There is no tax that's 2% in Nigeria. You probably mean bank charges.

Post the form or source of the 2% if you have paid such ever.

Cation:
no it's 15% per annum. the interest is paid every 3months that is 4 times in a year. the rates can increase or decrease depending on the current t. bills rate. you have the opportunity to monitor your investment online.

I agree. The ARM money market fund makes a whole lot of sense.

What I like the most is its flexibility. Minimum investment if I remember correctly is 1k.

This means I can put into the fund any spare cash I have (the odd 50k here, 200k there, etc) knowing fully well it would yield interest and I do not have to wait for an auction date or "make a bid" as it is the case with treasury bills. As with treasury bills, you can also select the option of reinvesting any accured interest.

I can also withdraw the funds anytime I want and withdraw any amount I want. Usually takes them 48hours to action any request.

queendoreez:


That place is not Lagos. Ijebu igbo is better than that place, at least person fit turn the property to hostel for OOU students.

Have you been to that place in person, are you aware of the Dangote refinery going on to be completed by 2018; the largest in West Africa, are you aware of Trade zone Center(of international Standard) also going on over there, do you also know about International Airport to be constructed by Lagos State government in that same Ibeju-Lekki ? So many opportunities in Ibeju-Lekki. I can tell you convincingly that; if you can give it a trial, Ibeju-Lekki is a place to be.

fkj950ax:


Dude grow up.

There is no tax that's 2% in Nigeria. You probably mean bank charges.

Post the form or source of the 2% if you have paid such ever.

You need to shut up i have money in those 2 banks and its not a problem to post it here,they charge 2 percent of the interest accrued every month as tax
Modified its more than 2% it looks like they deducted 2% of out 13 remaining 11%
And 2% out of 10 remaning 8%

Premium Microfinance bank in PH give 10% per annual

bettercreature:
You need to shut up i have money in those 2 banks and its not a problem to post it here,they charge 2 percent of the interest accrued every month as tax

Stop behaving like Donald Trump.

Intelligently make your point.

Don't ask people to shut up because they have a different opinion from yours. Make your point and convince them.

You still haven't posted the "evidence". Please post it

queendoreez:



I would rather throw the money inside River Niger than buying a land/house in Ibeju-Lekki. That's how terrible it is.

Please I'd like to know why

kunlef1:
My advice to you is that instead of fixed deposit, you should consider Treasury Bills. You can invest for 3 or 6 or 12 months and get interest rates of between 15 - 19% per year. It is one of the means by which Federal government borrows money from the public.

But you need to find out the minimum amount to invest from your bank, but could be as low as 100,000 naira.

That is probably where your bank will invest the money too, and give you a third of the interest they get.

Cheers.

Kunlef.

Thank you

kaz4sure:
Dear all,

Treasury bill is far better than fixed deposit, you can fix an amount for 91days, 180days or 365days at an annual rate of 15% to 17%.

The minimum amount required for treasury bill is 100k

But somebody says its an 'economics in the book'. can u prove him/her wrong/right?
Thanx.

What is the minimum amount and tenor u can invest in Treasury Bill and ARM funds?

lastmessenger:
Thats very very poor

Poor is an understatement,

That is more terrible than boko haram

queendoreez:



Na me una wan use do experiment on this thread?

Who Sabi you

prestige2013:
What is the minimum amount and tenor u can invest in Treasury Bill and ARM funds?

ARM market fund - I remember correctly, minimum amount is 1,000 or 5,000 naira. Please check their website for a copy of their prospectus.
No minimum tenor. However, there is a small penalty if you cash out within 30 days of your investment.

Treasury bills - 90days, 180 days or 365 days. Minimum investment varies from bank to bank. Averagely it's around 100,000 naira.

queendoreez:



I would rather throw the money inside River Niger than buying a land/house in Ibeju-Lekki. That's how terrible it is.

LOL

adex79:
good day sir! Instead of fixing your money contact us for a kind of export business involve you to gain almost 25-30% of your capital.
Whatsapp: 08079755787

Who you think say e go contact you for that kind thing, why not go and borrow money and do your own export.
People are genuinely afraid to invest in credible institution how much more through people.
Yes there are fraudsters everywhere.
Fixed deposit and Treasury bills don do us, at least bank and government dey involved.

The best investment is the one you can do and you don't loose your capital when it comes to the worst disappointment.

bettercreature:
Shut up!

That was harsh!
Just explain to him if you know better.
Small time now una go begin call una selves ipod and Igbo, zombie and wailer.

I put 2million in first bank for one month and got 7,215...
I went crazy on dem!
Anyways, that's past cos me sef don sharp!
Mumsy would give me 500k, I give her 12k weeekly or 50k monthly for 14 months...I am better than BANKS!

psalmsjob:
With a good strategy the stock market is as good and safe as the Treasury bills even a bit better because with that good strategy you could earn more than what the Treasury bill pays in interest.

The catch is the higher the expected returns the higher the risk of loss and vice versa.

I just love the financial markets. the binary rocks too Touch/No Touch

If you need strategy send me a PM let's collabo

Can we chat?

Ermacc:
text book economics

Don't mind the guy,he is saturated with theory.., He knows nothing about treasury bills in Nigeria

Contact me for private loan business which will yield between %10 to 20% per month with a money back guarantee on the coll act aral.






08030482872

odimbannamdi:


Can we chat?

Yes, probably!

ProvidusBank does 13.5% for 100k to 1M,
14% for 1M to 5M. For higher figures u can get a higher rate depending on ur negotiation with treasury...
NB: d bank is one of the newly licenced commercial banks in Nigeria...they currently have about 5branches... You don't need to open an account to do FD...
You can check their website for their closest address...or reply me for directions

tibro:
Contact me for private loan business which will yield between %10 to 20% per month with a money back guarantee on the coll act aral.

08030482872.

helovesme:


I agree. The ARM money market fund makes a whole lot of sense.

What I like the most is its flexibility. Minimum investment if I remember correctly is 1k.

This means I can put into the fund any spare cash I have (the odd 50k here, 200k there, etc) knowing fully well it would yield interest and I do not have to wait for an auction date or "make a bid" as it is the case with treasury bills. As with treasury bills, you can also select the option of reinvesting any accured interest.

I can also withdraw the funds anytime I want and withdraw any amount I want. Usually takes them 48hours to action any request.

you have said it all,thanks for the buttress.

[quote author=tibro post=53141126][/quote] 08030482872

queendoreez:


Yes, very poor but i had to do it anyway because if the money remains in my account and i make withdrawals more than 3 times in a month i'll get nothing and since i make several withdrawals every month, i had to fix the amount i had no urgent need for at the moment.

pls don't fixed again . let do business or invests it

Cation:
you have said it all,thanks for the buttress.

Hey Bro can I have your email address or WhatsApp contact please...I want to ask some questions

fkj950ax:


Stop behaving like Donald Trump.

Intelligently make your point.

Don't ask people to shut up because they have a different opinion from yours. Make your point and convince them.

You still haven't posted the "evidence". Please post it

You reserve the right to tell people to shut up when they are saying what they knows nothing about
That is 2 different banks and the money are still there till this moment
cc xpool MKO4ever
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