₦airaland Forum

princeuk21: you just said it large manufacturing and export because importation is truly killing our Naira and that is also a sign of underdevelopement.

petikal: Thanks man. I'll wait and keep fingers crossed. What CBN Governor is pushing for is actually good and practiced in developed nations, but many factors must be in place. On one hand, I'd like to get a higher TB rate, but I'd also like to see a stronger Naira and low inflation - which is indicative of a thriving economy. If the latter is achieved, it'll be good for everyone. Fingers crossed.

petikal: Angelo, indeed FGN bonds could be another alternative, although the rates are only slightly better (13%) for a longer tenor - 2 years minimum. We saw same rate for TBills last year on 1yr tenor. So you reckon after elections, TBill rates will improve? Factoring current inflation rate at 8.5%, it just doesn't make sense to keep it so low.

petikal: I've been following this thread for many months, and finally decided to join Nairaland mostly because of it. Great exchange of knowledge!

So, I'm trying to decide on continuing rolling over my TBill investments or switch to physical assets (Land).

To the gurus, with the current downward trend on interest rates, wouldn't you say purchasing lands - with the intention of selling after a period - is a better investment? Of course, one has to bear in mind the risk factor.

tolutweety: Wen tbills mature, how soon do they pay ur money into the acct.my tbills matured last Friday,haven't gotten any alert yet.

Should I call my banker or wait a while??
@CoderXO
@angelo82
@Chillisauce
@feelamong
@seun

ernie4life: I like all the write ups above, personally am not a fan of equities, unless it's foreign equities. my reasons are simple the fund managers can swing the funds in other to favour a particular firm/ ccorporation. Mutal funds on the other hand are not bad especially the ones invested on Tbills and bonds. the new product launched by stanbic IBTC has nice prospects, I was at a meeting where investment experts where analysing it, it looks juicy if the play by the rules.

Tbills are safe but the don't appeal that much to me, bonds are my favourite.

with the current trend in the economy the best bet if you ask me is a diversification. capital market is still going down.






Take it from people who bought into mutual fund IBTC is overhyped as per return on investment and the only mutual fund that I can rely on is the Zenith Fund.I bought both and I started with IBTC with high hopes but after studying the way they operate,I understand that IBTC is in for exploitation.Dont based your interest to the name of the product as we know that most of this fund managers invest your money in something else.And as you said Bond is the most attractive but I just want the 2015 elections to be over and I will go for 3yrs bond…..T.Bills is not going to be good investment under the current cbn management…..You can still get some bond at 13%….

Chillisauce: I wanted to go for zenith but my supposed bank officer that has never met me asked me to come to the bank. I told her it's not possible cos of my location. I wanted to transfer from another bank to theirs ,then book for an investment and I don't have online access with them. She said she can't do it. Imagine. My own money kwa. Later she called that anyway, I should transfer it but when I want to withdraw, she must see me in person. I didn't even answer her. That was the end of my zenith story . Na about 2k kuku remain for the account.

I wonder how they can't make somethings online friendly in this 2014. That was how I ended up with stanbic.

Chillisauce: I use their stanbic asset management. I only forward my profit from the TB from other banks to them. Just like you said for little money. Even their money market is not encouraging. Their equity is even reducing as at April no single 10kobo have I received rather it keeps going down.

tolutweety: Angelo82.: Thanks for the enlightening piece on mutual funds.
how many years are we talking about in the quoted?

I might just divert my cash to bonds,i seem to be losing confidence in tbills weekly with the drop in rates.

ernie4life: angelo82 what's your take on mutual funds?
and what do you think about stanbic ibtc ETI which was just launched? am asking you because I like your take on investment issues, any other person who has a good knowledge on what I asked is free to air there views

orangesky: Uba gave me 7.6pcent on 100k plz can I try it 4 a start?how much will it yield in the 90days? wat is the calculation if it's 300k at the same rate or will it be @a higher rate?

Chilug: A real black man in his wisdom. Empty brain.

oluseyiforjesus: dis is exactly wat I'm saying,a white man will not call u a fool 4 wat is nt his business, y can't u jst read n ignore instead of call a creature of God fool. Ur Long comment jst occupy space no sense in it!

oluseyiforjesus: From story books and films u will see dat Adam n Eve were created White (oyinbo) so where is our own generation frm? Dats why must time I wonder y a Black man will steal money 4 his 10th generation and a white man will die and Will all his properties to Charity even dou he's Having children. I wish I could get a good answer.

sunboy: Now I can see the USA is determined to destroy this country. Just yesterday the military was complaining about the USA blocking their ways that we were blacklisted to buy arms because of human rights violations, I didn't really believed it because we can always buy from Russia, Iran, China and even India who won't wait a second to sell. Now I'm reading about human right publishing this shi.t now I believed whatever the military excuse of laundering such cash. This mu.mu human right people no see Israel on Palestine soil committing anything, the USA Guatemala bay ? The Russian KGB method which was considered the toughest? The Indians torture was sef especially their police. What the mess does the USA stands to gain from a divided or destroyed Nigeria ?
I also strongly believe that I.diot Australian old man is a plant by the western world who's volunteering to talk sh.it he wasn't paid to do. All these doesn't just add up ?
Bottom line: either USA like it or not, petrodollar is going for good, then they can start surviving on their technology and become their dream world largest oil exporter. I'm beginning to dislike that country this days and their puppets media must especially BBC who never publish any good news from the military but look for lope holes. Like the same USA would have brought peace to Liberia suppose Nigeria army didn't single handedly did.
I'm vex.ed

Godside: Here is my numba 07066163315

ernie4life: this site you posted is interesting, how reliable are the analysis?

Godside: Thanx bro , can you pls gv me ur numba so dt we can talk on whatsapp . Thnx

Godside: Thanx ,God bless . Please here is my email : akinolaolayinkaanu@yahoo.com ,pls can u snd d brk dwn of 500k 4 90days . Thnx bro

Godside: thanxs . Please how do knw if the successful bid rate wil higher or lower . Nd what rate wil b beta . When you say loss the bid , please like wat level of loss is that , i mean in cash cuz i want to start wit 500k. Thnx again

Godside: Please answer as soõn as you see thist. Thanx av read it . But i read that today 17 is the nxt Tb auction ? 1)How can i buy 4rm d primary markt. 2) can i go to my bank this mornin nd buy 3) will there be any tax charges . Please answer . Thanx

Godside: Plz can you help me out abt Knowin more abt Tb nd how i can always knw when to invest cuz i want to start wit 400k

INFOTECH2: Why where you not feeling good about the investment one offer? Was it just gut feeling or do they have some sort of bad record?

Need to know cos I do most of my transactions with them.

Thanks

syta: Jesus I know this man,I think I beleiv the story am based in awka he slept with my girlfriend and dumped her

gabscity: thats y i dont wanna do dia KGIF with my tashere hard earned money. assuring me 12% when we all knw rates fluctuate. i dnt want that ooo.

Chillisauce: You mean the federal government bond? I guess it's like 10yr period. I don't trust Nigerian government to last that long. Yes, I analyseriskvery well. And I'm always on point

Chillisauce: Treasure bills going down everyday.

By the time I move some finance to another platform like KGIF, they will remember to impose one policy to reduce interest rate.

I'm never lucky in this kind of things.

hertz9te: really surprising....or maybe the op made a mistake,,,,maybe it's a relative

superstar1: Lmaoooo.

West navigated her travail during June 12 without going to war and still achieved her objective.

nitrogen: For where? It's your bank that is pulling all these stunts. Trust me, I know what I am saying, naija financial market (fixed income and equities) is part of my terrain so to speak.