petikal:


Property value appreciation is based on several factors: proper maintenance, surrounding developments, consistency of tenancy (i.e. property must be at it's full capacity), etc. If at full capacity, all he's truly getting is N500K/yr and the value of the property itself is truly N12mil, then yes it'll make sense to invest in TBills. At 14% interest on a 1yr tenor, that N12mil would have a true-yield of over 1.9mil (that is if he keeps reinvesting the interests, or N1.68mil without reinvestment.

One has to take into account inflation and other economic factors. Real Estate is best-suited for long-term goals. TBills is better for short-term investment.

poposki33:
Oga feelamong! i need you on this;

i went to gtb to apply for TBill but they were turning me around so divided to transfer mt money to FBN but while i was at FBN after i filled the form i could not find anything like RATE on the form so i engaged the account officer incharge but she told me that TBills don't bid rate that it is CBN that will give me the rate. I was like ha! but i decided to risk it and applied for 182 days. When i got my interest yesterday, i calculated it and it was 13.2percent. i was so happy because i discovered that CBN stop rate 13.5.

dewale1234:
Assuming i dont have up to what most banks/investment banks require as the minimum entry point. Does mutual funds (e.g money market funds) offer the same excitement (returns) as the treasury bills?

Masters at the game kindly respond

Naijainvestor:


Is it that the yield curve in Nigeria is so downward sloping or that some backs are a rip off. What am I missing. Why would a 91 day go for 10% and a 182 day goes for 12%? It would have been more prudent to do a 91 day at 10% and the roll over at maturity
By my projections 91 day is about right but 182 should have been around 15%

adaxxy:
@Babakess Hello Babakess i just want to thank you for your information ,i received an alert later yestarday.

feelamong:


good one for you!

wetin you need me for na?

babakess:


insist to move your money else where ....did u fill the form for this last auction.....entries will be passed today and if u did fill the forms before tuesday and went with the banks bid rate .....then u will be debited and ur interest left in your account.

if u invest 2,260,000 for 364days and lets say as the bid for yesterday was 14.69% for the tenor and your bank won the bid @14% then your interest will be 2,260,000*0.14=N316,400 with some negligible deduction of custodian fee and commission. and if u use the 3m then u have 3,000,000*0.14=N420,000.

LETS SAY U LEAVE IN THE SA ACCT ........YOUR 3M EARNS 3.6% PER ANNUM.....
3,000,000*0.036=108000........amounting to 295.89 per day .........N8,876 per month and 7,988 per month after deduction of 10%WHT


BUT WITH TBN .........3,000,000*.14=420,000 AMOUNTING TO 1,150.68 PER DAY .......34520.54 PER MONTH NO WHT



295.89 PER DAY TO 1,150.68 PER DAY ..............Each day u waste....u reduce ur likelihood of getting Financially independent and free.................if You have 3m now and still young ...u can be very wealthy without saving again.

quertyquack:
No way. That's reverse hustling if you ask me. The interest on tbills barely accounts for inflation and peradventure the currency is devalued, you lose even more. If the property fetches 500k annually, be patient and compound it, then do the business. My two cents.

Lionhearted:


In reference to the 'bolded', doing what?

Please enlight me.

babakess:



IF young and you are 28 for example and u have 3m......u decide to spend uR salary living a more standard life and still be ok. WITHOUT SAVING AGAIN ......

if young can be age 25...lets say 28YRS.....if u stop saving and compound your 3m with a secure investment like ntb.... after 12years when u are 40years old.....twelve years of compounding.....assuming 15.5%

amount= PRINCIPAL *(1+R/100)^12=3,000,000*(1+0.155)^12=16,908,499

after 8 more years making the individual age 48.

AMOUNT=3000,000*(1+0.155)^20=[b]53,550,180

THATS AFTER TWENTY YEARS ...THE ONLY ENEMY TO THAT PROCESS HERE IS INFLATION [/b]WHICH DESTROYS THE VALUE OF UR WEALTH..............BECAUSE [b]53MILLION TODAY WILL NOT HAVE THE SAME VALUE AS 53MILLION 20YEARS FRM NOW ......BUT HEY SOMEONE THAT HAVE THAT KINDA MONEY AINT BROKE ....IT EXPLODES EACH SUBSEQUENT YEAR FRM THEN ...PROVIDED ITS INVESTED WITH ITS INTEREST ALL THROUGH THE PERIOD.

tallar:



Pls oga feelamong kindly send me an email , sayhi2blessed@yahoo.com. I'll like your advice on some issues.

Thank you Sir.

ukay2:



Please my oga,

I think you should ask your question in this thread for everyone to see and learn together.
There is no private question in this thread .

Hope my oga feelamong understands.

Thanks.

adaxxy:
[quote author=mickey45 post

adaxxy:
[quote author=mickey45 post

babakess:



IF young and you are 28 for example and u have 3m......u decide to spend uR salary living a more standard life and still be ok. WITHOUT SAVING AGAIN ......

if young can be age 25...lets say 28YRS.....if u stop saving and compound your 3m with a secure investment like ntb.... after 12years when u are 40years old.....twelve years of compounding.....assuming 15.5%

amount= PRINCIPAL *(1+R/100)^12=3,000,000*(1+0.155)^12=16,908,499

after 8 more years making the individual age 48.

AMOUNT=3000,000*(1+0.155)^20=[b]53,550,180

THATS AFTER TWENTY YEARS ...THE ONLY ENEMY TO THAT PROCESS HERE IS INFLATION [/b]WHICH DESTROYS THE VALUE OF UR WEALTH..............BECAUSE [b]53MILLION TODAY WILL NOT HAVE THE SAME VALUE AS 53MILLION 20YEARS FRM NOW ......BUT HEY SOMEONE THAT HAVE THAT KINDA MONEY AINT BROKE ....IT EXPLODES EACH SUBSEQUENT YEAR FRM THEN ...PROVIDED ITS INVESTED WITH ITS INTEREST ALL THROUGH THE PERIOD.

Lionhearted:


Thanks for the expository reply.

I thought TB are traded in specific units. How do one then utilise the interest earned for subsequent purchases?

Daddi:
Hi, I made an enquiry from you, about bonds. Have been expecting a reply, pls respond. Thanks in advance



pls I want to invest in FG bond for 16th sept
2015, for the 5yrs(4.5yrs) duration but what I
want to understand in a lay-man's knowledge is;
if i subscribe for that of N500,000 how much
(the amount) 'll be my interest if the percentage
is like 15.54% for instance. when'll i be paid, i
hear things like semi annually? Pls gurus in the
house help thanks. cc: naijainvestor , feelamong

neroflo57:


So nobody can answer this...this is really disappointing

neroflo57:


So nobody can answer this...this is really disappointing

Daddi:
Hi, I made an enquiry from you, about bonds. Have been expecting a reply, pls respond. Thanks in advance



pls I want to invest in FG bond for 16th sept
2015, for the 5yrs(4.5yrs) duration but what I
want to understand in a lay-man's knowledge is;
if i subscribe for that of N500,000 how much
(the amount) 'll be my interest if the percentage
is like 15.54% for instance. when'll i be paid, i
hear things like semi annually? Pls gurus in the
house help thanks. cc: naijainvestor , feelamong

mekaboy:
Is it advisable to sell property to invest in tb. A young man has a property that generates 500k annually. He wants to go into biz but 500k is not enough.

He has decided to sell the property for 12m invest it in tb and use the interst for biz.

Would u advice such a person to proceed, seeing that the value of that 12m might be less after 1 year?

A business with#25000 capital that yields #10,000 every month, is it worth it.
If it does
then u need to know how to
go check it out here https://www.nairaland.com/2586043/how-earn-more-than-50
but if u dont have a laptop, you will not be able to do it except u can be going to the cafe everyday including Sundays
When you get there, i have uploaded proofs of my first withdrawal
See u at the top

tunai:
I heard in the news that CBN is set to borrow more cash via bills in quarter 4, DOES THIS MEAN a better interest rate for bill investors??

princeuk21:
I think so

One of the determinants of TB rates is