₦airaland Forum

emmanuelewumi:
Safety of capital is the most important for starters, as you gain experience you can diversify into other investments.

So I will advise you to consider Treasury Bills or money market fund.


An elderly woman who has been doing Treasury Bills and money market fund for over 15 years after selling her house due to problematic tenants grew capital to over N200 million. The investment were staggered to mature every month of the year


The most important thing is consistence, continuous investment and reinvestment

thanks A lot for this....

Any idea how to go about the treasury Bill's

am just a starter kindly forgive my questions so far if it's too much

thanks

emmanuelewumi:
We have never met offline.

Used to write an Investment column for his blog,

that's fine.... knew him personally that's y am asking.... have been having issues with how to invest at least 1M don't know which one I should I should look into... either Stocks as they are in all time low or Money market which u talk about the FSDH.. just check on them and check through their apps...

Sir, what will u advise a Low risk person like me to do as am not comfortable the money sitting down in my account without making any profit

any suggestions will be appreciated

thanks

emmanuelewumi:
What is the current rate for Treasury Bills. I stopped buying Treasury Bills since last year

do u buy chance know Jarus .....i see you quote him in one of your post sir

ahiboilandgas:
make we dicus this details for our other thread na ....small pikin, pastors and imans dey there....

see my boss. lol

emmanuelewumi:
700k that one didn't sweat for is not bad. Depending on your cash flow and expenses.

500k invested per annum in FG bond @ 10% allowed to compound for 5 years will grow to N3.3 million

Hi Sir

can you explain how to go about this

thanks

Sholapey:
Fear enough! You can start from land bank. Buy land and keep for a while then sell it off when the value goes up.

OK thanks for that wonderful advice very grateful

Sholapey:
What is your startup budget?

between 2M and 3M

Sholapey:
Most properties are over priced because of location and CofO.

what will u advice any one going into real estate business beside what amount should the person be looking at as a capital

cc: ahiboilandgas

ahiboilandgas:
i no get strength to type long ....na my old hustle i buy for 2400 per bag sell for 2700 ...gross profit 300 naira per bag .....cost of distribution , carraige inward , wages , tax ,shop rent =150 per bag ....net profit 150 naira x900 bags per truck .....i sell a truck ever two weeks .......my total investment in the bussiness is around 2.7m ....this generate around 140k monlthy on the average....imagine if i have 20 outlet? My monthly income .....my main obstacle is edpanding is ....theft by staffs cos the trancation is cash based ....my haulage bussiness is time and brain consuming

A truck every two weeks must be in a site or a strategic location I guess

ahiboilandgas:
u can post here no body is all knowing we have other inputs

thank you boss

how will advice a person (a low risk investor) that want to invest at least 1M.

please kindly advice with a practical steps if possible

thanks

Dollabiz:
No limit transfer 250 k first then continue to transfer whenever you want u can’t do all transfer once do it simultaneously

what's the interest rate and the tenor

ahiboilandgas:
wait a little for the opec meeting if the global cut of 15m barrel happen and bring in a swing in crude price ....u might take a loss if u buy dollars above 380...the cbn defending power is there .....their is build up demand after covid crisis .....better spread your asset base 2k dollars in dorm accounts @380 max , 380k in zenith share @10 naira , 380k in treasury bills ,380k in saving in gt at 4.2 percent ....u will be protected by God grace ( cos he the master planner)

Hi sir,

I will like to reach you directly for some advice don't know if u can mail me so for me to reach you via mail

thanks

Cryptostock:
Good evening bosses
I need your urgent assistance. My treasury Bill's maturity is September but due to some unforeseen circumstances I need back the money. Can I get it back before maturity and what are the implications on the investment . Urgent response is needed. Thanks
Rate as at time of purchase is 12.75%.

how do u go about applying for treasure bill??

Xclusiveme:
I invested one million naira in a fixed deposit account. My yearly income is 120k. Every year i renew it and this is my fourth year now having acquired 480k plus my 1M still intact. The money is small though but its something for people that have money to spare

I really need help with Fixed deposit ...if i may ask which bank are you making use of ??

Any help on how to go about this will be appreciated

Thanks

ifiokbenzy:
If you're in a location like Uyo, get a brand new tricycle and make #2,500 a day. I prefer giving out on hired purchase like #1Mil over a period of one year 9 month. By so doing you've empowered the rider and made some more money

currently in uyo ....i hope u can share some ideas with me ....i will be glad if u can looking forward to hear from you ....

thanks

anyone here with an inverter for sale ??

igbizen:
It will keep going down, the best decision was locking down funds in dec.2019 The next best time is now.

fixed deposit or what.... any advice on how to go about that??

Grupo:
This is exactly why I did 182 days at 3.5% last week.

I may be tempted one day to take the money and buy a new Benz. It's better I don't see it in my account.

Also, these fraudsters are doing a lot these days.

how do. u go about this can you share please..... I'll appreciate if you do

thanks

ahiboilandgas:
Why would any body do a t.b of 2 or 3 percent for 90 days when a saving account gives 4.5 percent per month....rationality is key.....if u leave 10m in a saving accounts it generate 40k monthly (no lost bids ) while tb 23k per months so in 90 day u make 120k while tb 63k ...only if u are biding 1 year

which of the banks

Update from Stanbic

[quote author=showafrica post=86948849]Ah, you know inverter lecture na full time lecture. Let me keep it simple, its like I pass my neighbor generator. How long it lasts depends on the amount/quality of battery against
.


can u chat me with the line I send to you

Hi All,
any one with Inverter 1.5kva or 2kva pure sine wave for sale
should please qoute me
thanks

showafrica:
Admin say no phone number.. Contact me showafrica@gmail.com

have reach out to you am yet to get a reply from you

Tweetums:
first bank is very worst in fixed deposit, don't go there at all... Check other banks about fixing

Dear All, which of the banks offered a better rate in terms of fixed deposit... any help with this will be appreciated

thanks

y this place dry...... any latest information

tiredoflife:
Hahaha
The north is teaching afonjas how to use power
They will wish they didnt betray the south

hmmmm...... they will shout to the heaven that time nothing will happen.... they are just opening our eyes

whats the Steps i can take to close/Withdraw all my Money from Stanbic MMF

Any Help will be greatly Appreciated

Thanks

[quote author=whalexy07 post=85452651][/quote]u mean for Stanbic MMF

singletech:
What's happening to stanbic MMF self, today interest has not been added.... What's going on?

All have been seeing in my 50k investment since I started last month has been 3naira or less am even confuse right now

Tyche:
A silent follower of the thread here.

My TB was supposed to mature 28th December, but Zenith already credited me on the 27th since 28th is Saturday, kudos to them.

Well, all good things comes to an end, it was good while the rate was good and we are grateful.

The current rates are not attractive, it's time to move onto other "secure" ventures while still pushing it at our day jobs.

To God be the glory.

Good day Boss,

how do you go about this... can you share please... if yes please DM

thanks

Hi All,

Compliment of the season!

is the Upload Proof of payment on stanbic still functioning ??

freeman67:
It depends on the channel used, the time it was and if it was done correctly. If you did it by mobile or internet transfer before 12 pm, it should reflect that yesterday except they is an oversight from them. However, if it is done from within the bank it will take longer. Also in your transfer narration/comment/reason you are to indicate your MMF. If you are sure all is well done then you can contact early today to fix it before they go on break.

thanks boss