Opzyyy:
please is the 6% paid quarterly i.e 24% per annum or it's 6% per annum i.e 1.5% quarterly?

No. It is monthly. You will get 6% every month making 72% per annum and you will become so rich like Dangote

The answer to your question is in that document. Please read it again. Very carefully

Opzyyy:
please is the 6% paid quarterly i.e 24% per annum or it's 6% per annum i.e 1.5% quarterly?

1.5 quarterly. Rates are quoted per annum except specified otherwise.

If you have dollars in a domiciliary account in Nigeria, Are they affected by the bank exchange rate? Do you get the exact amount in Dollars if you opt to withdraw or the fund is converted to Naira at the point of withdrawal?

emmasoft:
INVESTMENT ONE PENSION FOR HIGHER RETURNS ON YOUR FUNDS!

Gone are the days to stick to just one PFA whether you like the ROI or not.
You now have choice to switch your PFA.
If you want better returns on the funds in your RSA come over to Investment one Pension.
Don't just save let you savings save
Call/chat me. Check my signature for contact number.

I thought all Nigerian PFAs are required by law to stick to the same "safe" investments?
What is your organisation doing differently to offer a higher ROI?

Opzyyy:
please is the 6% paid quarterly i.e 24% per annum or it's 6% per annum i.e 1.5% quarterly?

Interest rates are per annum

Cyberknight:


I thought all Nigerian PFAs are required by law to stick to the same "safe" investments?
What is your organisation doing differently to offer a higher ROI?

They invest in real estate, private equity, fixed deposit, Treasury Bills, corporate bonds, state bonds, FG bonds and shares of companies that have been consistent with dividend payments for the past 5 years.

The performance of Investment One Pension and others was aided by the returns in the equity market in 2020

Lazyyouth4u:


No. It is monthly. You will get 6% every month making 72% per annum and you will become so rich like Dangote

The answer to your question is in that document. Please read it again. Very carefully

Nigerians don't read

emmanuelewumi:



Nigerians don't read

they luv ponzi

emmanuelewumi:



They invest in real estate, private equity, fixed deposit, Treasury Bills, corporate bonds, state bonds, FG bonds and shares of companies that have been consistent with dividend payments for the past 5 years.

The performance of Investment One Pension and others was aided by the returns in the equity market in 2020

@PA Emma thanks for that answer. @Cyberknight to add to what he said the ability to now balance all those underlying assets he mentioned at a particular period and with some privileged informations makes the difference.

Cyberknight:


I thought all Nigerian PFAs are required by law to stick to the same "safe" investments?
What is your organisation doing differently to offer a higher ROI?

The PFAs mostly invest in safe fixed income assets. Though they are allowed to allocate some funds to variable investments like shares, private equity and real estate, they are still being conservative and most (if not all) are not investing up to 25% of their funds in these variable investments. So investments in the stock market is not really what is driving the high returns currently being reported by PFAs.

What is driving their high ROI is the high bond prices. When interest rates are low, the value of earlier issued bonds that many of these PFAs hold, skyrockets. And they mostly report unrealized (paper gains) as most hold their bonds to maturity. This is why their NAV per share and ROI are high at the moment.

As soon as interest rates increase, those bond prices (and fund values) will crash and you will see them reporting lower NAVs and ROIs.

freeman67:


1.5 quarterly. Rates are quoted per annum except specified otherwise.

thank you, that's really low o

emmanuelewumi:



Interest rates are per annum

thanks boss

Sharmeenator:
If you have dollars in a domiciliary account in Nigeria, Are they affected by the bank exchange rate? Do you get the exact amount in Dollars if you opt to withdraw or the fund is converted to Naira at the point of withdrawal?

With the new CBN directive, you or your relatives can now withdraw the exact amount in dollars you have in your dollar domicillary account.
Before now, this was one of the ways the Nigerian banks were stealing from Nigerians in diaspora, by handing out naira to our relatives/friends at their own ridiculously low rate whenever dollar was sent to their accounts.
We were literally working for and sending dollars to these crooked banks for free.
And when you look at the billions of diaspora money sent per annum via these banks, you'll begin to realise how much profits they were making from that.

You can now withdraw and change at a better rate in the parallel/black market.

Their dividend investors will soon start crying when they realise that this pathway of stealing has been taken away.�

Thanks boss! My fear now is that CBN being an inconsistent body might come up with an even worse policy tomorrow or reverse to the old policy in their bid to strengthen the same Naira they weakened.

ChybuzzDD:


With the new CBN directive, you or your relatives can now withdraw the exact amount in dollars you have in your dollar domicillary account.....�

ChybuzzDD:


With the new CBN directive, you or your relatives can now withdraw the exact amount in dollars you have in your dollar domicillary account.
Before now, this was one of the ways the Nigerian banks were stealing from Nigerians in diaspora, by handing out naira to our relatives/friends at their own ridiculously low rate whenever dollar was sent to their accounts.
We were literally working for and sending dollars to these crooked banks for free.
And when you look at the billions of diaspora money sent per annum via these banks, you'll begin to realise how much profits they were making from that.

You can now withdraw and change at a better rate in the parallel/black market.

Their dividend investors will soon start crying when they realise that this pathway of stealing has been taken away.�

See who is talking again.After you have been called out

You are too wicked!!

Lazyyouth4u:


No. It is monthly. You will get 6% every month making 72% per annum and you will become so rich like Dangote

The answer to your question is in that document. Please read it again. Very carefully

OMO is being phased out

Biafran4life:
See who is talking again.After you have been called out

Called out for what and by who?

By the man who lamely defended himself by posting about my investment in MBA?
Isn't that stupid?

For your information, investments range from low to very high risk categories.
I have money in all categories of them, ranging from your low yielding treasury bills, real estate, MF, stocks(NSE, NYSE), Agric techs, Forex, MBA to cryptocurrencies, having fully understood the risks inherent in each of them.

You can't be a young man in the 21st centuries, and investing only in low yielding assets, or solely for dividends in dead stocks.
As a young man, you should learn to take more risk with a portion of your money.

FYI, I had only 1million in MBA, and as long as I'm concerned, that's sacrificeable. I have high a very high risk appetite, and there's no apology for that.
I can recover that amount in 1-2wks where i live, especially with the now very high dollar to naira exchange rate.

Now, should i start praying for naira to continue to be devalued so i can make more free money when i exchange dollar to naira??
No way!
I'm not as selfish as you and your dividends- investing cabals who support criminality.

ChybuzzDD:


Called out for what and by who?

By the man who lamely defended himself by posting about my investment in MBA?
Isn't that stupid?

For your information, investments range from low to very high risk categories.
I have money in all categories of them, ranging from your low yielding treasury bills, real estate, MF, stocks(NSE, NYSE), Agric techs, Forex, MBA to cryptocurrencies, having fully understood the risks inherent in each of them.

You can't be a young man in the 21st centuries, and investing only in low yielding assets, or solely for dividends in dead stocks.
As a young man, you should learn to take more risk with a portion of your money.

FYI, I had only 1million in MBA, and as long as I'm concerned, that's sacrificeable. I have high a very high risk appetite, and there's no apology for that.
I can recover that amount in 1-2wks where i live, especially with the now very high dollar to naira exchange rate.

Now, should i start praying for naira to continue to be devalued so i can make more free money when i exchange dollar to naira??
No way!
I'm not as selfish as you and your dividends- investing cabals who support criminality.

No be Dubai you dey again?
How come you make 1 million naira in 2 weeks for Dubai?

[quote author=SeaTrade post=99597782]No be Dubai you dey again?
How come you make 1 million naira in 2 weeks for Dubai?

Bros, if your wife comes for a Plastic surgery procedure during my shift, you'll easily realise a 5-10% incentive from your total bill will easily that beat 1million.

condomuser:
OMO is being phased out

How can OMO be phased out? What then will be the role of the CBN?

They want to stop giving the OMO bills to foreign investors as it is getting too costly. The will continue to use OMO to mop up excess liquidity but only issuing to domestic banks as is done every where in the world.

By the way, that news does not affect the common man in any way. Man pikin no get business with OMO bills. Na only moneybags with plenty dollars and connects go hear am

Lazyyouth4u:


How can OMO be phased out? What then will be the role of the CBN?

They want to stop giving the OMO bills to foreign investors as it is getting too costly. The will continue to use OMO to mop up excess liquidity but only issuing to domestic banks as is done every where in the world.

By the way, that news does not affect the common man in any way. Man pikin no get business with OMO bills. Na only moneybags with plenty dollars and connects go hear am

OMO is for the big guys, foreign portfolio Investors, pension fund and banks, who have access to hundreds of millions and billions of dollars

The policy will only affect non-resident investors

ahiboilandgas:
they luv ponzi

Senior man
I sent you a PM
Abeg sir, I need your candid advise on a downstream related contract, I cannot discuss it openly for some reasons...
Will be grateful to hear from you or if you've got a preferable way of reaching you
Await your response sir

Lazyyouth4u:


You are right. The PFAs mostly invest in safe fixed income assets. Though they are allowed to allocate some funds to variable investments like shares, private equity and real estate, they are still being conservative and most (if not all) are not investing up to 25% of their funds in these variable investments. So investments in the stock market is not really what is driving the high returns currently being reported by PFAs.

What is driving their high ROI is the high bond prices. When interest rates are low, the value of earlier issued bonds that many of these PFAs hold, skyrockets. And they mostly report unrealized (paper gains) as most hold their bonds to maturity. This is why their NAV per share and ROI are high at the moment.

As soon as interest rates increase, those bond prices (and fund values) will crash and you will see them reporting lower NAVs and ROIs.

Please can you explain why this inverse relationship exists between these assets... I just don't know why. Fixed income rates high, bond prices low and vice versa

oluwaleokey:


Senior man
I sent you a PM
Abeg sir, I need your candid advise on a downstream related contract, I cannot discuss it openly for some reasons...
Will be grateful to hear from you or if you've got a preferable way of reaching you
Await your response sir

look for dead thread i will respond within my capacity

Opzyyy:


Please can you explain why this inverse relationship exists between these assets... I just don't know why. Fixed income rates high, bond prices low and vice versa

When interest rates are low, investors go after higher yielding earlier issued bonds leading to an increase in the price of those old bonds.

When interest rates are high, investors dump those earlier issued bonds and go for newly issued bonds. This will lead to a decrease in the price of the old bonds.

Several times I've seen this question here: the difference between being rich and being wealthy. Here is a simplified answer.

Being rich is when you have lots of money in the bank and also work, but you're likely gonna run out of cash if you stopped working.

Being wealthy is when you have multiple streams of income that even if you decided not to leave your house for the next 30 years, you still will not run out of income. That's what one might call generational wealth.

Bottom line: start investing hardcore now so that you won't be rich, but wealthy

Hello house,

Please what is the update on the Treasury Bill? I didn't keep tab on same nowadays due to low yield.

However, I have an idle cash in the region of N2m waiting to be invested at present; it is an accumulated investment in treasury bill on I-invest app which just matured today.

Save for 3.39 yield pa yield for 357 days offered by I-Invest, I must confess that I have run short of the best ideas on how to invest this idle fund.

Financial gurus in the house, please come to my aid on this subject matter.

Thank you all.

ChybuzzDD:


Called out for what and by who?

By the man who lamely defended himself by posting about my investment in MBA?
Isn't that stupid?

For your information, investments range from low to very high risk categories.
I have money in all categories of them, ranging from your low yielding treasury bills, real estate, MF, stocks(NSE, NYSE), Agric techs, Forex, MBA to cryptocurrencies, having fully understood the risks inherent in each of them.

You can't be a young man in the 21st centuries, and investing only in low yielding assets, or solely for dividends in dead stocks.
As a young man, you should learn to take more risk with a portion of your money.

FYI, I had only 1million in MBA, and as long as I'm concerned, that's sacrificeable. I have high a very high risk appetite, and there's no apology for that.
I can recover that amount in 1-2wks where i live, especially with the now very high dollar to naira exchange rate.

Now, should i start praying for naira to continue to be devalued so i can make more free money when i exchange dollar to naira??
No way!
I'm not as selfish as you and your dividends- investing cabals who support criminality.

How funny .You think you are talking to teenagers.You forgot to add yahoo as it is high yielding investment

Ephemmm:
Hello house,

Please what is the update on the Treasury Bill? I didn't keep tab on same nowadays due to low yield.

However, I have an idle cash in the region of N2m waiting to be invested at present; it is an accumulated investment in treasury bill on I-invest app which just matured today.

Save for 3.39 yield pa yield for 357 days offered by I-Invest, I must confess that I have run short of the best ideas on how to invest this idle fund.

Financial gurus in the house, please come to my aid on this subject matter.

Thank you all.

50% into NTB
5% into Mutual funds
14% into Stocks
10% into FG savings bond
1% into CryptoCurrency