₦airaland Forum

ihedioramma:
Please teach us more in this compound interest ? . For example, two million in compound interest for ten year's how much will it be ? .

adaksbullet:
Am do mine copper service their too


They are no no how too taked good care off ppl down hear


Am only used mine ear too ear alawi, am no seen it collet


Am tanked God that am serve finish today!!! No sense state too serve!!



Mtcheeeeeeeeee

davit:
which bank is that?

babakess:
If rate stays the same for the 10years your 1million becomes N5,233,835......

Assuming u reinvest the money once every year in addition with interest...

ihedioramma:
In what investment, TB OR FG BOND ?

ihedioramma:
Please work one million out for me in ten years ? .

awesomeJ:
Thanks babakess for dropping this, I remember reading this from you originally around 2016.
I also remember you or perhaps someone else mentioned then that as a young person under 35, with I guess 10m or so, one can be a millionaire for life. please if that post was by you, I'd like if you can as well dig it up and put here for some of us to see. God bless you sir.

babakess:
THIS IMAGE SHOWS YOUR WEALTH COMPOUNDING AT 10%....FOR 20 YEARS

I.E (1+0.1)^20 X PRINCIPAL=6.73 X PRINCIPAL after 20years .....(1)

now.....15.82% compounding over the same period .....

(1+0.1582)^20 x PRINCIPAL =18.87 X PRINCIPAL...............(2)

THAT MEANS INCREASING THE INTEREST RATE BY HALF(1.5)......tripled the multiplication factor of our wealth.........each percetage count over the long run AND TBILLS IS safe....Thats[b] Explosion[/b] folks .........no putting into consideration your contribution for the year in form of savings

WHATS YOUR PRINCIPAL TODAY start now and be free in 10years minimum

miella:
Good evening everyone, please when is the next auction date?

Esthametor:
Hi house
Pls this is my first time of doing TBills. I applied on 31st March, 2017 for 91 days at First bank. Was debited 250k. On 6th April, I was credited with 8,232. I don't understand. Please can someone explain what is happening?

Beesluv:
let me know when she releases her pix pooing in her banana toilet

Vinshu:
It's not by force to comment you are so angry. Here is the gist, I hate men when they make it seem like they are doing women a favor or trying to play king. So yes I would do it over and over even to you if needed.

rawpadgin:
how old are u

9galen217:
To the House! Has any one used Fidelity bank to place a bid before..i plan on going to them on monday to place a bid for the next auction.just trying to avoid the stories about how banks buy from the secondary mkt and not primary mkt. please How much would #1.7million likely earn on a 364day tenure. thanks

mekaboy:
Nigeria pays 15% in bonds. So the house u invested 10m and sold 15m in 5yrs is not affected by the dollar? is 15m 5yrs ago the same today?

Ok lets assume dangote does not invest in bonds, does he invest in estate appart from factories he uses for production. Ok that brings me back to business. Dangote is a business man that needs capital.

Lets looks at this scenario.

Mr A has a property worth 10m and he makes 400k from it a year. He depends on that 400k to survive. In 5 yrs time his 10m house is now worth 15m.

Mr B sells his for 10m. Buys fg bond of 5 years at 15% he uses part his first year earning of 1.5m to go into business.

Now in the remaining four years, he saves 6m from his earnings. By the time the 5yrs is over, he has 16m plus a flourishing business.

Mr. A has his house worth 15m now and nothing else to show for it. While Mr.B has 16m cash and a business that could be worth 3-5m by now.

I assume mr B has not been trading tbills with his returns from bonds or putting it into business. But if he has been trading with the 6m, then the figures will be far above 16m.

Who is better off in 5 years?

carpenter:
Just a note.

You can compound on FGN bonds also. In fact you get to compound twice in a year instead of once with TBills.

To compare objectively, if you are not compounding one, you should not be compounding the other...

e.g. Using 100,000 naira as an example at the same percentages you have used above and for 5 years. The following is what you get at the end of 5 years

1. FGN: 210,946.73
2. TBills: 192,541.36

Note: I have not considered any other information besides what you have above as I treated this basically as numbers. So in actual fact, Tbills may be better than FG Bonds but not by the assumptions made by you above.

yomi007k:
Pls how many ppl have invested in FGN bonds.

I'm thinking switching from T-bills to FGN bonds, n wud like 2 know pros n cons becos na my life savings.

lancee:
Pls house , can anyone post the last T-bills rate

tziz:
Dyu place bids urslf or dyu normally go wit the bank's rate?

ukay2:
I started bidding for myself for NTB on Wednesday....I bidded 13.2% for 182 days and I got it via Stanbic IBTC Bank....

Banks usually bid very low from CBN stop rate.... Don't know why?

If you can study the last CBN stop rate, I think is better you speculate and bid for your self..

That is my little advise for NTB guys...

DjAndroid:
So, about the battery life, will I use the phone first to check the battery life before paying the seller?

Lionhearted:
No sir.

Look at this way: 853100 invested gave him profit of 146900.

The % represents the true yield.

I stand to be corrected though.

osile2012:
[size=18pt]What does true yeild mean ? In the CBN website, i saw marginal rate 14.69 for 364 days TB and true yield of 17.2114 . Can someone explain which will be the interest on investment ?[/size]

seye4nii:
NEXT AUCTION DATE PLS

tziz:
Wat about tomorow? i mean wednesday 16th.. Seeing that the next bid date is 17th of september, and i wanna deposit in Diamond Bank and probably go with d bank's rate, is 16th or even 17th okay to go to d bank n register?

oluwaSmith1:
Unknown gunmen have reportedly abducted the son of the newly appointed Vice Chancellor of the University of Port Harcourt, Prof. Ndowa Laale.

Public Relations Officer of Uniport, William Wordi disclosed this to the media in Port Harcourt.

Wordi said the VC’s son, Ejiru Laale was kidnapped around 7pm Monday night in his father’s home at Ebubu, Eleme in Rivers State.

The Police in the state are yet to confirm the abduction.

http://dailypost.ng/2015/09/15/uniport-vcs-son-kidnapped/

Sylverly:
pls when is the best time to go place a bid.. i bank with zenith. thanks

collinsy2:
Bye bye abeg. Make we know the people wey de winch us and how many we dey.