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Nairaland Forum / Nairaland / General / Investment / Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? (22743 Views)
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Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by gnykelly(m): 9:58pm On Sep 04, 2017 |
ETHIX: you shouldn't have been hard on him. he is just a marketer. and his audience are everyday people who don't understand how money works. lets him give them a chance. |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by vitality22(m): 9:39am On Sep 05, 2017 |
chinnyonwu:This is totally different from what i was told. I was told that the minimum amount for mutual funds is (five thousand Naira) #5,000 but here you are saying 50k. First bank mutual funds is 5k Please could you kindly confirm the amount again. Thanks 1 Like |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Partnerbiz3: 12:56pm On Sep 05, 2017 |
gnykelly:Which hard on him. That guy has been able to refute all claims here. He has established his point and he is right. The guy is smart.. 3 Likes |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Partnerbiz3: 12:57pm On Sep 05, 2017 |
vitality22: You are so bothered about inanities. Do you want to invest less than 50k. Why you so bent on knowing whether it's 5k or 50 as though you wanted to invested less than 50k? 1 Like |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Pesuzok(m): 3:03pm On Sep 05, 2017 |
vitality22: Firstbank minimum opening is 5K while stanbic is 50k. I will go with stanbic rather than TB because of the liquidity and at the same time I am getting the same returns as in TB 1 Like |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by cooldudeng(m): 10:14pm On Sep 05, 2017 |
Can someone please help clarify. Are the rates on the MMF fixed? I believe stanbic also invest in TBs and all. From all indication, TB rates will likely "soften" going my government efforts to reduce cost of borrowing So, isn't it best to go long and lock my funds in a one year Tbill and work away with c18% as against the monthly computation of the MMF? Again, are the rates on MMF fixed? |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by imagrg(m): 10:54pm On Sep 05, 2017 |
sgtponzihater1:Chick feed interest compared to when you invest in second hand shoes or clothes trade. You make more than 18k in one month. Banks are robbers. They rob you of your initiative to invest in profit yielding business. They loan your capital out to smart investors at big interest rates while they give you peanuts. Don't fall for their antiques. |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by sabanageorge(f): 6:56am On Sep 06, 2017 |
3 Likes |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by CuteRedd(f): 6:57am On Sep 06, 2017 |
sabanageorge:pls shed more light |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by sabanageorge(f): 6:58am On Sep 06, 2017 |
1 Like |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by sabanageorge(f): 7:08am On Sep 06, 2017 |
1 Like 1 Share |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by sabanageorge(f): 7:14am On Sep 06, 2017 |
3 Likes |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Partnerbiz3: 7:50am On Sep 06, 2017 |
sabanageorge:You mean the daily interest is used to calculate the next day's interest? |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by sabanageorge(f): 12:50pm On Sep 06, 2017 |
1 Like |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Partnerbiz3: 1:03pm On Sep 06, 2017 |
sabanageorge:Interesting |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by dotcomnamename: 2:01pm On Sep 06, 2017 |
chinnyonwu: You stated: ''This means an investment of 100k for 365 days will get you 118k at maturity and around 1500 monthly. Through the app or your portal, you can monitor your daily money growth'' But you did not indicate whether 118k is the profit excluding capital of 100k at the end of 365 days. Also can you confirm if the same profit of 118k will be received if the tenor is not up to 365 days i.e 3 month, 6 months. Thank you. |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by chinnyonwu(m): 3:57pm On Sep 06, 2017 |
dotcomnamename:I cant confirm if your post is sarcastic or not since my explanation is Very clear but i will reply you. The interest is 18% yearly. Therefore only 18k out of 118 i quoted is your interest. If you invest for less than 365days,you will obviously not get interest for 365days. 1 Like |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by chinnyonwu(m): 4:02pm On Sep 06, 2017 |
cooldudeng:They are not fixed and so you have a point worthy of consideration. Although personally i love the liquidity of stanbic MMF. |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by chinnyonwu(m): 4:09pm On Sep 06, 2017 |
sabanageorge:I got to understand that stanbic uses UBA as their trustees. Thats why the CR alert when you try to withdraw comes from UBA. In a way this control reduces the risk of you not getting your money back... Cos the money aint really with them. 1 Like |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by chinnyonwu(m): 4:12pm On Sep 06, 2017 |
gnykelly:Lol. Im faar from a marketer. Im a businessman.. Just sharing my investment thoughts on Facebook. Unfortunately nairaland and their bots or admins keep distorting my page link. Its on my signature now though |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by dotcomnamename: 6:32pm On Sep 06, 2017 |
chinnyonwu: Your assertion is completely wrong. I genuinely asked simple questions to better understand some of your points. So, i will sit with N18,000 per year on N100,000 invested? if thats what your calculation is, then I'll rather wash plates on nairaland for one year for free than investing N100,000 and get N18,000 as profit for one year .. Don't you think that is ridiculous and insult to biz gurus ? 3 Likes |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by sgtponzihater1(m): 6:54pm On Sep 06, 2017 |
imagrg: I know u as a critic of mine during d GHWW days. I keep saying innovate because u obviously are a neophyte in investments and business. Business and investments while similar are totally different. Low end financial enthusiast involve in either businesses or investments but not the both. But true investors know d magic of doing both. I have some bonds stocks, mutual funds, partnered in people's businesses, have 2 small businesses, and still work. Income make u a living, while profit make u a fortune, investment secures ur future and insurance gives u a voice even when u are away. Anybody involving in Ponzi schemes is definitely too myopic to reason in this light. Sgt Ponzi Hater. 3 Likes |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by chinnyonwu(m): 7:32pm On Sep 06, 2017 |
dotcomnamename:Your cup of tea, not mine. 18% storylesss return is okay for some people |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by dotcomnamename: 8:08pm On Sep 06, 2017 |
chinnyonwu: Whos cup of tea? Cant you read again? Are you drunk or you are on drugs?. Kids everywhere.. Mtchewwww. Out of this thread. |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by prince13: 9:23pm On Sep 06, 2017 |
@OP,I have seen the difference,nothing much with the stanbic mmf and the risk is not worth it,I go with the FG treasury bill. chinnyonwu: 2 Likes 1 Share |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by riteprice1: 11:53pm On Sep 06, 2017 |
No need for all this agruement, why not diversify by doing both Tbills and mmf. Tbills for long term lets say 1 yr and mmf until when u have need for the invested money. OP one quick question, how soon will stanbic pay when you decide to terminate the MMF before maturity. I hope no long stories and delay tactics? Also i learnt banks do discourage the public from Tbills in other to get them to do Fixed deposit which is more profitable for the banks i.e FD has lower interest rate and banks can use your money for Tbills, make big profit and then give you peanuts on FD. MMF is very similar to Fixed deposit, but comes with higher interest. It seems to good to be true, Unless.. stanbic has a way of making more money via MMF. Can u help us with stanbic fees, hidden charges, tax on interest etc. |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by riteprice1: 11:56pm On Sep 06, 2017 |
dotcomnamename: Oga if u have any good business one can invest 100k and get returns with no story kindly tell us. I have come to realize that many profitable businesses in Nigeria you thing are doing well cut corners. |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by CuteRedd(f): 6:50am On Sep 07, 2017 |
Please who can tell me about Stanbic IBTC GUARANTEED INVESTMENT FUNDS, does anyone have any investment in this vehicle and what's are their rates. From my findings, they capital is guaranteed while the invest 75% in fixed funds(Tbills, bonds etc) and 25% in equities(NSE market) |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Partnerbiz3: 3:09pm On Sep 07, 2017 |
chinnyonwu: Please what's the current rate of stanbic mmf. Again, if I invest say 1 million in T bills for 365 days at say 18% and I terminate after 60 days, what's likely to be my penalty? |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by sgtponzihater1(m): 3:13pm On Sep 07, 2017 |
many of these guys don't know jack about investments and unfortunately don't want to learn. 3 Likes |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by chinnyonwu(m): 3:50pm On Sep 07, 2017 |
Partnerbiz3:18.5% No penalty for termination after 30days |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Partnerbiz3: 4:05pm On Sep 07, 2017 |
chinnyonwu: Ok thanks. Do you know about this If I invest say 1 million in T bills for 365 days at say 18% and I terminate after 60 days, what's likely to be my penalty? 1 Like |
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