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Investment / Re: Treasury Bills In Nigeria by babakess: 9:01pm On Sep 04, 2017 |
ihedioramma: Assuming 18%.........it will be 10,467,000 |
NYSC / Re: Taraba State: The Worst Place To Serve (NYSC) by babakess: 6:16am On May 05, 2017 |
adaksbullet: JESU!!!! |
Investment / Re: Treasury Bills In Nigeria by babakess: 3:47pm On May 04, 2017 |
Investment / Re: Treasury Bills In Nigeria by babakess: 3:21pm On May 04, 2017 |
Stop rates......90days****13.60 182 days 17.26*****. 364days. 18.81 1 Like |
Investment / Re: Treasury Bills In Nigeria by babakess: 7:05pm On Apr 22, 2017 |
babakess: And in 15years your 1million would be N11,973,747 if u dont add a dime and rate remains the same |
Investment / Re: Treasury Bills In Nigeria by babakess: 7:03pm On Apr 22, 2017 |
ihedioramma: Treasury Bills |
Investment / Re: Treasury Bills In Nigeria by babakess: 10:04pm On Apr 21, 2017 |
ihedioramma: 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... 1 Like |
Investment / Re: Treasury Bills In Nigeria by babakess: 8:41pm On Apr 20, 2017 |
awesomeJ: IF young and you are 28 for example and u have 3m......u decide to spend uR salary living a more standard life and still be ok. WITHOUT SAVING AGAIN ...... if young can be age 25...lets say 28YRS.....if u stop saving and compound your 3m with a secure investment like ntb.... after 12years when u are 40years old.....twelve years of compounding.....assuming 15.5% amount= PRINCIPAL *(1+R/100)^12=3,000,000*(1+0.155)^12=16,908,499 after 8 more years making the individual age 48. AMOUNT=3000,000*(1+0.155)^20=[b]53,550,180 THATS AFTER TWENTY YEARS ...THE ONLY ENEMY TO THAT PROCESS HERE IS INFLATION [/b]WHICH DESTROYS THE VALUE OF UR WEALTH..............BECAUSE [b]53MILLION TODAY WILL NOT HAVE THE SAME VALUE AS 53MILLION 20YEARS FRM NOW ......BUT HEY SOMEONE THAT HAVE THAT KINDA MONEY AINT BROKE ....IT EXPLODES EACH SUBSEQUENT YEAR FRM THEN ...PROVIDED ITS INVESTED WITH ITS INTEREST ALL THROUGH THE PERIOD. That is a copy of the piece...I posted here last year...Rates were around 15% it's 18%...Even better. Thank u Awesome j. God bless your hustle. 4 Likes
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Investment / Re: Treasury Bills In Nigeria by babakess: 1:40pm On Apr 20, 2017 |
babakess: Stay on the Wealth curve people 1 Like |
Investment / Re: Treasury Bills In Nigeria by babakess: 8:53pm On Apr 07, 2017 |
1 Like |
Investment / Re: Treasury Bills In Nigeria by babakess: 2:47am On Apr 07, 2017 |
Esthametor: Your interest 8,232 is for 3 months.... Multiply it by 4 to get the annualized interest that would be 8232*4=N32,928 now divide that by ur principal amount invested.....32928/250000=0.1317. That is 13.17% ...Hmmmm not bad for 91days ....Very close to the rate of CBN. 2 Likes |
Investment / Re: Treasury Bills In Nigeria by babakess: 1:47pm On Jan 19, 2017 |
Wow ...That was really close!!!!.....My bid was 18.60 for 364days......I took the cake mehn....... 3 Likes |
Investment / Re: Treasury Bills In Nigeria by babakess: 9:33am On May 05, 2016 |
Stop rate.....for may 4th.. 91. Days.....7.999% 182 days......9.00% 365 days.....11.05% 7 Likes |
Celebrities / Re: Linda Ikeji Inside Her New House - Photo by babakess: 9:51pm On Oct 17, 2015 |
Beesluv: I have forgotten you love poo and banana for dinner 2 Likes 1 Share |
Romance / Re: Reasons You Should Never FORCE A Relationship On A Lady by babakess: 6:17am On Oct 10, 2015 |
Vinshu: THAT IS WHY YOU WILL REMAIN SINGLE..........UNLESS YOU CHANGE 2 Likes |
Celebrities / Re: Patoranking Meets US Rapper Fatjoe (photos) by babakess: 9:39pm On Oct 04, 2015 |
rawpadgin: NICE QUESTION |
Investment / Re: Treasury Bills In Nigeria by babakess: 6:22pm On Oct 03, 2015 |
9galen217: if you get 13% as worst rate ....as it now fluctuates btw 13 and 14.5%. Then your interest would be 0.13*1,700,000=221,000 not taking into consideration the negligible commission and custodian fees. |
Investment / Re: Treasury Bills In Nigeria by babakess: 10:58am On Oct 01, 2015 |
mekaboy: MY brother u are so on point......selling properties....asking for ur rents .........is a hassle mehn.....not to talking of community tins .....when buying land.....or risk of loosing ur money outrightly...when buying ...i prefer bonds and tbills jare 1 Like |
Investment / Re: Treasury Bills In Nigeria by babakess: 10:55am On Sep 25, 2015 |
carpenter: YOU ARE RIGHT FGN BONDS CAN ALSO BE COMPOUNDED MY ASSUMPTION IS BASED ON LOW CAPITAL INVESTMENT ............U CANT REALLY COMPOUND UR EVERY SIX MONTHS RETURN.....UNLESS U CAN BUY BONDS FOR VERY LOW AMOUNT ...I AM NOT INTO BONDS .......AS AGAINST TBILLS WHERE AFTER ONE YEAR U CAN REINVEST INTEREST AND CAPITAL...OFF COURSE ...BONDS WILL HAVE THE UPPER HAND OVER TIME WHEN U CAN REINVEST THE INTEREST........PLEASE WHATS THE MINIMUM AMOUNT TO BUY FGN BONDS |
Investment / Re: Treasury Bills In Nigeria by babakess: 7:10am On Sep 24, 2015 |
yomi007k: TBILL FAR BETTER THAN BONDS .................... IF YOU BUY FGN BONDS @ 15.5% OVER THE 5 YEARS.......TOTAL RETURN=77.5% ASSUMING NO COMPOUNDING AS INTEREST IS PAID SEMI ANNUALLY NOW COMPARED TO TBILLS U BOUGHT @ 14% ...OVER 5 YEARS YOUR RETURN WONT BE 5*14%=70% BUT BECAUSE OF COMPOUNDING...IT WOULD BE 92.5% WHEN DIVIDED BY 5 U GET 18.5% ROI PER ANNUM... 1 Like |
Investment / Re: Treasury Bills In Nigeria by babakess: 9:59pm On Sep 20, 2015 |
Investment / Re: Treasury Bills In Nigeria by babakess: 5:54am On Sep 18, 2015 |
tziz: i go with banks bid rate .....and i get something very close.....last bid before this one....i got 14.25 for 364days and stop rate was 14.69....thats very good one ...depends on the bank though....i use GTB |
Investment / Re: Treasury Bills In Nigeria by babakess: 10:32pm On Sep 17, 2015 |
ukay2: 13.2% is very close to the stop rate=13.49%.............thats very fair 1 Like |
Investment / Re: Treasury Bills In Nigeria by babakess: 4:21pm On Sep 17, 2015 |
YESTERDAY BID RESULT-----16/09/2015 91DAYS=10.50% 182DAYS=13.49% AND THERE WAS NO 364DAYS |
Phones / Re: Its Not All About Regular Specifications, Here Are Phone Features You Ignore by babakess: 5:22am On Sep 17, 2015 |
DjAndroid: Read reviews online before going to buy the phone.. |
Investment / Re: Treasury Bills In Nigeria by babakess: 9:43pm On Sep 16, 2015 |
Lionhearted: You are on point SIR....thats his true yield even though his face value is 1,000,000 he actually invested 853,100...because of the upfront interest 1 Like |
Investment / Re: Treasury Bills In Nigeria by babakess: 4:46pm On Sep 16, 2015 |
osile2012: if you invested 1,000,000 with the marginal rate (14.69) your interest would be 146,900......but during the process you are debited 1,000,000-146,900=853,100. as your interest is given to you upfront....then your true yield= 146900/853100=0.1721=17.21% 3 Likes |
Investment / Re: Treasury Bills In Nigeria by babakess: 7:18am On Sep 16, 2015 |
seye4nii: 2 weeks frm last auction date most times.....read the full thread |
Investment / Re: Treasury Bills In Nigeria by babakess: 12:45pm On Sep 15, 2015 |
tziz: THE AUCTION IS WEDNESDAYS...WHICH IN THIS CASE IS 16TH OF SEPTEMBER ...TOMORROW......BANKS CLOSE APPLICATION ON TUESDAYS AND PASS ENTRIES THURSDAY....IF U HAVE NOT APPLIED AND U ARE NOT IN UR BANK NOW ....I AM SORRY YOU WILL MISS THIS BID....TILL THE NEXT ONE ....SOME BANKS CLOSE APPLICATION ON MONDAY PENULTIMATE TO THE BID DATE. |
Crime / Re: Ndowa Laale Son Kidnapped (UNIPORT VC) by babakess: 12:29pm On Sep 15, 2015 |
oluwaSmith1: are u sure nor be the guy man arrange him kidnap?? |
Investment / Re: Treasury Bills In Nigeria by babakess: 4:20pm On Sep 14, 2015 |
Sylverly:LATEST TOMORROW BEFORE 2PM |
European Football (EPL, UEFA, La Liga) / Re: Official: I Hereby Decamp From Chelsea FC To Manchester City FC by babakess: 9:43pm On Sep 12, 2015 |
collinsy2: Remember it started with EVA .......just like in the beginning with adam ..this freefall might continue when ARSENAL finish with una nextweek |
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