mickky22:


Thanks for responds.
Is savings that am not read to lose

emmanuelewumi:



Real Estate is one of the best and easiest way to create long term for most people, but that does not make it the best.

At age 65 real estate will be 90% or more of the Networth of those who invested while working.


Currently 60% and more of most workers Networth are in their Retirement Savings Account.


Roughly 1% of the Nigerian population are into portfolio Investment eg Treasury Bills, Fixed Income, Bonds, Mutual funds etc.


Very few people understand how to compound their income, to such people Investing in genuine real estate investments for the long term is a good strategy

kristien4:
Pls can anyone explain what this means, stanbic mmf, just logged my app and noticed all interest made for one month plus has been removed..

XiaoLi:
On point at the bolded if you are talking about real estate for rentage but real estate development is still one of the businesses/investments that yield the highest ROI in Nigeria and so many places around the world, what other businesses/investments do you think is better than real estate development in terms of ROI and what is your reason?

kristien4:
does stanbic mmf pay interest monthly and charge withholding tax, even without submitting any instruction as to that effect?? 124k was removed, and 98k was returned, which hasn't even reflected, has anyone experienced this... tried reaching stanbic mutual fund customer care but no response...

kristien4:
does stanbic mmf pay interest monthly and charge withholding tax, even without submitting any instruction as to that effect?? 124k was removed, and 98k was returned, which hasn't even reflected, has anyone experienced this... tried reaching stanbic mutual fund customer care but no response...

emmanuelewumi:



I said it is easy and good for most people, but not the best. Is anything wrong with that?

emmanuelewumi:



You you subscribe to dividend reinvestment or your dividend should be paid to you.

The 3rd quarter ended in September. Dividends are paid at the end of every quarter

freeman67:


The right people you should be talking to on this is their customer care actually. However, one of the probable cause would be that you were over credited and when realised they decided to remove it. It happens like that some time. You will only be sure if you were keeping track of it on daily basis.

XiaoLi:
Not atall I asked because of the bolded, I wanted to see if there are other areas we need to explore, inbetween what business/investment do you think will yield the highest ROI in Nigeria at the moment?

kristien4:
maybe i did subscribe for dividend to be paid to me, but i can't really remember, been long i opened the mmf account, just started using it. Are withholding tax charged if i choose dividend reinvestment? And how many percent is charged as withholding tax?

emmanuelewumi:


Real Estate is the easiest, don't bother yourself about other areas

emmanuelewumi:




No withholding tax

Afromentalist:

There are as many investment vehicles as they are people, it all depends on available capital knowledge, skills, objectives and personality type.

The first investment though is to educate yourself financially and it takes some time. From the foundation of wealth creation and transmission, you then move to specialised domains.

Maybe we should start from the beginning: what is your definition of an investment? And what is your capital ? Where did you get the capital from ? What is your objective (max profit, safety, liquidity, etc.) ?

The answers need not be specific.

Lazyyouth4u:


Wetin be this wey resemble sacrifice wey you post there you this village Uber Driver feeling funky?

Lazyyouth4u:

Wetin be this wey resemble sacrifice wey you post there you this village Uber Driver feeling funky?

Lazyyouth4u:


Akpu better pass that sacrificial offering wey you put there. Dem even put lime for the serious purging wey go hit the unlucky person wey chop that dirty sacrifice

Allboiz:
It seems transfer from one domiciliary account to another within in Nigeria is free. I did from Access to fcmb and no charge was removed.

Allboiz:
It seems transfer from one domiciliary account to another within in Nigeria is free. I did from Access to fcmb and no charge was removed.

mymadam:


Noted. Was the USD you transferred to your FCMB domiciliary account originally deposited into your Access Bank domiciliary account by HAND (Cash)?

Allboiz:


Nah. It was an inflow

They don't allow people to transfer deposited cash anymore.

Lazyyouth4u:


Wetin be this wey resemble sacrifice wey you post there you this village Uber Driver feeling funky?