₦airaland Forum

4tunebest:
To subscribe to the ongoing sukuk bond, you do not need anybody's help to invest, neither do you need to send a private message to anyone. All you need do is to visit the DMO website (dmo.gov.ng), download the form, fill and submit to any of the agents listed on the form

abraolas1:
maybe this can help someone

emmanuelewumi:
Too early to start another round of endless arguments.

We are all differently and wonderfully made, we should ignore any post or contribution that did not mention or quote us

This is one of the few threads on Nairaland where people treat themselves with courtesy and respect, these attributes are gradually becoming alien to us

ukay2:
Loooooool

This thread na MBA SCHOOL for any serious investor

hollerbaby:
Some of these seemingly silly questions , i have an idea of what the answers are but i would rather ask here from people who have been dere nd done that.

Reassurance that, what i think is right is actually right. Since i have been following this thread when tb rates where pretty good, so u know how long. I have stuck to what i know and learnt here on treasury bills .when i see bond shares i dont even bother cause i dont know it well nd tb was still paying well.

With tb gone south we need to learn other investment opportunities So excuse the silly questions, correct people gladly responded to to clear our doubts.
I didn't see u answering any. Give me time to obtain my MBA degree in bonds and shares from this thread first. Me that i hv been following the responses to other people's questions that relates to this sukuk jejely no yab us at all

1kinggy:
Obviously, you skipped relatively when you were reading it. I didn't start following this thread yesterday or last month.

Some questions here are needless and a sign of laziness - many are just too lazy to use the search button even in NL to see if a similar question has been answered.

Sholapey:
MMF.

emmanuelewumi:
Safety,steady and guaranteed income makes the average employee to miss wealth generation opportunities.

How can a retired employee who got severance package of N20 millon in 2000, and decided to buy a 20 years [b]annuity [/b]that will pay him a steady monthly income of N110,000 for 20 years? He thought he was smart that will be a total payment of over N26 million over a period of 20 years.

speak2lift:
I got his confirmation...sorry I had been distracted at work of late. This Work from Home thingy is a big scam. You find yourself working longer hours.

Ok - so he confirms that minimum holding period is 90 days.

freeman67:
I do. Just like the normal mutual fund..i.e MMF. Of the 2 Bond Funds is more stable. It grows gradually with very minimal risk. While balance have some elements of risks embedded in their Investment plan.

In my trial with UCAP Balance Funds, N50,000 I invested reduced to about N43,600 within a month. I had to withdraw N43,000 and send to my MMF account. But I noticed it has started growing because the N600+ I left there has risen to N700. Hope this helps.

kintus:
Please Sir, what stock can someone invest in this period.

Investment plan is:

1). Short term: N1M
To be rolled over, let's say weekly or bi-weekly

2). Long term: N500k
Considering at least one year. Also, it has to be a dividend paying stock + capital appreciation.

ahiboilandgas:
this what i call investments not some yeye 3.8 percent rate on treasury bills

Barrytone:
If you are sleeping at plaza say so because o know nobody sleeps at plaza. Thank God nobody sleeps in park. If you see itam flyover as beautiful and wish you should be staying there, sorry you wouldn't have room mates, you are alone. Am aware of security challenges I itam due to cult activity and not because people stay under that flyover. What do you see that makes you think people sleep there. That place is clean with only flowers. The show me love crew you mention are even the big boys. Unemployment lies in the we yes of the beholder because those men might be wealthier than you. The task force you frown at is a better job that prevents people like you from messing the town up. Laws and rules must be obeyed or boys chop and since nigerians can't obey laws the politicians settle the boys to take from you. I have never been accosted by the task force because am law abiding so check your activity. As for the lying part, i now know you more than you know yourself as a biafran. Keep it up.

oluayebenz:
Pure hatred...... Imagine

Barrytone:
You see AKS, last last you go family house or squat with friends but nobody lives in the streets. Not seen. Rent is even cheap here, we have cleaner and newer bridges now courtesy of Akpabio but nobody lives there. All you see under our bridges is beautiful flowers. Am in Uyo and typing from Uyo

hustla:
Lol so fast

hustla:
At the bolded, there is a guy on youtube who does exactly that. Graham Stephan - you can also check Koncrete

Solid stuff

abraolas1:
Please House ,

i have some few questions:

what is the meaning of Coupons ?

Any idea where one can get a secured Land probably in a secure estate in lagos

thanks

dryakson:
Hmm! When the brains here with so much experience in life are arguing, we just lay low and watch while we learn.
This thread is resourceful. And one good thing about this thread is, it's even beyond Treasure Bills, it involves life in general.
Gog bless una, all.
I love the argument, in as much as there is no insult.

ahiboilandgas:
saving bonds 3 months interest payment while bonds 6 months...saving bonds max invest is 50m while bonds mimum is 50m ..saving bond got short duration 2 to 3 years while bonds up to 30 years .....

Sholapey:
He's got a sister here, give him my number incase he needs any foodstuffs because I don't think there's any African store there.

ukay2:
My oga FGN Bonds do not in any where seem to be any legal 419 investment.
Rather it's your lack of understanding that is confusing you.
I have tried severally to explain to you .....but am sorry u still did not understand bond market calculation.

Maybe just try and invest 10k in 3 year bond and hold till maturity it will become clear to you.

I have FGN Bonds that have matured and still maturing in FEB 2020, APRIL 2037.
I have never loose my capital......rather keep getting the coupon payments at the said payment date.

Just hold till maturity....no capital will be loss or sell below the bond offer price before maturity and still make more money from it.
You will only loose some part of your capital when you sell before maturity at offer price above what you initially bought the bond.

Am talking from a practical point as bond investor that has hold till maturity.


Example

I have 12k to buy fgn bond for April 2037 at 16% coupon payments till maturity and I bought the bond for 12% from secondary market. That my 12k may bought me 10k what of the FGN bond since am buying it at 12% instead of the 16%.....meaning the person I bought it from has made 2k from me since his selling at a lower percentage which is 12% if he bought it at 16% from FGN from primary market. .....which I told you earlier that most bonds at primary market are not even sell at that 16% rather below that percentage.

Then I will be getting 16% of 10k bond for 17 years from FGN ...which is N1,600 every year for 17 years which is maturity date ......the FGN will be paying me N800 every 6 months till maturity.


For me after 3 coupon payments. ...which is N2,400....I have recovered the 2k I used to overpay for the bond

So the remaining N1, 600 x 15 years are my gain I hold till maturity (which is N24,000) and at maturity, my 10k I used to buy the bond will be repaid to my account so I have 24k+10k=34k in total.

If I start re-investing every coupon I get to buy the same 17year bond....my coupon payments will keep on increasing. ....you know compound interest.....you can calculate it yourself and know what that compound interest will be ...

If I even want to sell that FGN Bonds 2037 like by 2025 at 9%(below my purchase price of 12%), I will make more money from it because the person buying it from me will pay more to buy that remains bond from me..

If I decide to resale it by 2025 at 15% (above my purchase price of 12%), I will loose some funds from my initial capital.

But for me....like in my NTB investment. ...I hold all till maturity

Don't forget that the only charge your bank will get to help you purchase the bond like the NTB purchase too is (like my bank. ..stanbic. ...N300 for custodian fee + 0.05% of the nominal value of the bond like the example I gave 10k x the number of years of the bond.

I will advise people to buy the FGN Bonds via banks that will charge you 0.05% of your nominal value of the bond. ...because some investment houses charge as high as 0.5 or 1% which maybe too high


I just hope this explanation make sense to you and others so that the issue of bond calculation will be put to rest in this forum.


As NTB interest is low now and many NTB investor are looking for alternative investments, some investment houses or banks or people may even confuse you the more.

NSE is another place u can purchase your dividend paying stocks if you have a high risk appetite like me and others in this forum.

Just be guided in your investments

And may God help us not to be too greedy to loose more funds in time like this. Amen.

As I always say.....SLOW AND STEADY INVESTMENTS WIN THE RACE.

GonFreecss1:
Standard Chattered Bank, but the available bonds are at a premium. I think you can buy with 100K minimum.

ukay2:
Na so

Good Bond Investments keep you rich without stress,while you sleep peacefullly.

Hahahahaha

ahiboilandgas:
chai ..oga make we do collabo open business school...oga u supposed to be a guest lecturere for business school..i kept wondering how he dole out over 300m for those apartments ....he subsides 1 for me when i was in Lagos then....i now understand how this guys are always very rich(na investment) he told me he has another property that pays 100k dollars annually....now i understand na through uac properties ....God bless u sir ...u are a blessing to nairaland ...

ahiboilandgas:
New investors should learn....start now it has been a long bumper ride of living below my means