₦airaland Forum

Cowrywise as middleman for trustbanc makes sense compared to trustbanc prime pro. Funds I transferred to trustbanc mmf via prime pro since yesterday is still pending. When I funded my trustbanc mmf account via cowrywise, it reflected immediately and I started earning. Cos of N250 I decided to do trustbanc mmf via prime pro, while still retaining trustbanc mmf via cowrywise. Now see me

Oh thank God. No mind me bro. Thanks for the clarification

Preator:
No o. I mean it might take a couple of days or not up to that. It will definitely show

Couple of days? Or might not show? Who even send me sef?

Preator:
Might take a couple of days to show 😂. Or might not. But it will definitely show up.

So I decided to fund trustbanc mmf directly via prime pro some couple of hours ago. Yeah, no charges. But the fund has not reflected on my dashboard. When I funded my trustbanc mmf via cowrywise, the funds reflected on my dashboard within few minutes. I'm beginning to think the extra N250 charges with cowrywise is worth it. I'm allergic to delays

Yeah, that was what i thought until i recently discovered there's trustbanc app (prime pro) which i just downloaded. No service charge. I'm thinking of using cowrywise to check rate while i invest in the choosen AM directly. Though I'm already in trustbanc mmf via cowrywise

FRANKLYex:
the shopping arena wey cowrywise be is one of the benefit I enjoy with them. You can literally switch between fund managers without loosing any day return

I've downloaded trustbanc app and its alright, no service charge. How about i liquidate trustbanc mmf via cowrywise to fund trustbanc directly? Does it make sense?

If I decide to do trustbanc mmf directly while I'm already on trustbanc mmf via cowrywise, would there be any issues? That 250 bucks cowrywise collect from me each time I wanna top up trustbanc mmf can get me a bag of pure water

Just do trustbanc via cowrywise

amnwa:
Please which mutual fund is idea to invest in now? I am using cowrywise.
Arm money market fund on palmpay has a higher interest rate than in cowrywise. I don't know why.

Also thinking of trustbanc and cowrywise investment portfolio. Ps I am a beginner.

United Capital redemption is 2 minutes for funds under 2m

LadyCaplin:
My fellow investors.

I am not impressed with the online redemption process with Stanbic IBTC MMF. Initiated a redemption last week Thursday: nothing.

I have initiated another today (before 12noon), let me see how it goes.

P.S. This is my first redemption since i started investing with them.

Chess, eFootball, CODM, PUBG, movies, nairaland, Facebook, investing

I play 1 minute Bullet Chess on lichess

CTee1:
The world can feel a bit lonely…do you play chess? Maybe we could play together sometime 😊

Too volatile. I'm not doing again. That 26% is the damn glitch, not the previous 14%

Preator:
It will likely not pass this week sef. But even their normal rate is one of the best available

Edit
E don adjust to 16.18 already 😁😁

Dondav:
Hmmmm....

faam mmf too volatile joor. Ma go delete my account. Dem no gree me yet move commot from bronze cos dem still dey verify my address since Friday. The app dey allow me whenever e like. This moment, my phone number and email dey incorrect, next moment I don enter...mtchew

You don't have to call nor email. Everything with cowrywise is automated. You click on the plan you want, they give you bank account to pay to and 1 hour to make your payment. As soon as you transfer, they will receive it immediately and units will be allocated to you. You check your dashboard and you see your balance

Alaska90:
Thanks
But on the first question, can I deposit money directly to my cowrywise wallet using my direct bank tranfer without me calling or sending email to anybody to check for my deposit? I mean is it automatic?

Aggressive=high risk
Moderate=Medium risk
Conservative=Low risk

Gokoyer0:
Thank you.

Which one do you think I should focus on for wealth building and for long term plan? The word "aggressive", ""moderate" and "conservative" is it referring to longevity or riskiness of the funds? I checked, I realised that conservative(e.g Trustbanc) has highest ROI over Moderate (United Capital Balanced), and
Aggressive (Afrinvest Equity Fund). I know the higher the return, the higher the risk. So this makes the classification more confusing. What does the word "aggressive" means?

I am a newbie, I only invested in cowrywise stocks and a bit of foreign bonds. I want to dive into thier mutual funds because of compounding effect.

Thank you

welzyj2:
90 days but you can cash out your funds at anytime. Its just your interest will be penalised. Not sure abt the percentage

Trustbanc mmf via cowrywise

welzyj2:
It depends on your investment. It's not controlled by cowrywise though. It's determined by the fund managers

Check the learn more under the particular investment

What is cowrywise minimum withholding period? 30 days or 90 days?

Most of these investment apps are crazy. I'll rather invest in arm via cowrywise

Bababull:
Please house I need help.I have downloaded arm one app for play store and I have been trying to upload my selfie along my BVN.as requested from the app, so I can start with my investment with them, since yesterday up till this moment,it not responding and I have sent email to the customer service no response.Can anyone using Arm one guide me on how I can start up investment with them🙏

Payout is quarterly. I dunno if their minimum withholding period is 1 month or 3 months. My plan is to leave money there for 3 months after which I can withdraw whenever I like. Rate fluctuate daily. Like today its 19.3% per annum

Kpboy1:
Thank you. Please how often is the payout, can it be flexible like weekly or monthly? What's the annual rate or monthly rate. Thanks again

I feel you bro. I just joinedtrustbanc via cowrywise last night. Their system and rate make sense die

Creditalerts:
me I'm team fintech 😁trustbanc and first ally just dey make me smile this year 😂😂😂

Relay my regards to Stanbic people, most especially Ucap people

Creditalerts:
Stanbic 15.47🤣🤣🤣🤣😡 stanbic people una weldone o we wey dey fintech say make we greet una we are doing 18 to 19 +✌🏾🤑🤑🤑

True talk bro. I just joined them in the midnight. They are so supercool. Things really shouldn't be difficult

FRANKLYex:
Nah now you just dey know? It should be the standard of reporting in the industry. Things shouldn't be difficult pls

Cowrywise app is very cool

No benefit except 2 weeks of s3x and a lifetime of misery. Besides, it doesn't make sense having another set of parents and siblings. Live free and be happy. Avoid drama at all cost

Help me choose between trustbanc mmf via cowrywise @ 18% with 1.4% management fees and cowrywise @ 16% with 0% management fees. Currently with ucap @ 15% and I want something new

I just use cowrywise to check rates of other asset management firms. Sometimes ucap rate will just freeze for days but when I check ucap rate on cowrywise, its always updated

Una know book for here. Una school fees no waste. Kudos

Wetin we for ucap go come talk with 5.12%? This one voodoo and juju strong pass but God pass them

Preator:
Their jazz was strong o. Even till now, i never move finish but at least they are no longer holding me hosta.ge like before.

Us with red logo say amen

Harddiskng:
Thank you for always educating us.

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Father deal with every juju practitioner that wants me to settle for low MMF rate year! If they don’t desist break their blue shield logo and disgrace them by fire

Ucap mmf has been 15% for ages. I just dey look them cos I go soon vex. Did FairMoney with some funds from Ucap @ 29%. Its now 24% (fairlock). Waiting for June to end our relationship. Checked trustbanc app. The app na werey app. Thinking of doing trustbanc mmf via cowrywise. But I just dey observe that their management fees and commission. Make nobody push me enter equity. I do am and I see shege promax. Too old for risk now. Make I just siddon look while playing eFootball

Preator:
A capitalist must always squeeze out the highest return from every resource available. To do otherwise is illogical. I stayed with stanbic same way for a while until i computed what i was loosing with the differentials.

I moved to cowrywise last week after moving the funds in bits and losing some daily returns in the process due to bank's transfer limit.

But those loses are recovered. ( I placed a staggered withdrawal in 50m tranches) GT allows 25m max a day.

Once the money drops, i move 25m immediately, then wait till 12.01am and move another 25m. Note that the second 25 also earns a return by 6am same day on Cowrywise.

Trustbanc offers me 19.62 today. Its not static but it has been consistently 3% above stanbic. I do have some funds left in stanbic, but the bulk of my funds are working to the fullest.

If u want to move, place withdrawals (50m each) on monday, wednesday and friday. They should drop by next monday, Wednesday and friday latest. Do the same day and midnite move to ensure u dnt lose returns. Its slow, it's time consuming, it's laborious but money comes from labour.

See screenshot below. Stanbic is 15.63 today, TB is 19.62. i have assumed 18.63 sim if the rate difference stays at just 3%. Even if TB goes low, there are other options on Cowrywise u can move to monthly. People will say its stress, but that's how money is made.

I've been seeing trustbanc rate on cowreywise but I'm scared about something I read sometime ago wrt trustbanc closing account that doesn't have some certain kind of millions (I've forgotten the amount). Is it applicable to their mmf? Must I invest several millions at once with trustbanc mmf via cowrywise?