₦airaland Forum

Donbrig:
Thanks for sharing, this was really informative.

Thanks Sir

Don't forget to subscribe oooooo

Lots of people are watching from this Nairaland but they no subscribe. Make them abeg subscribe ooooo

I will commit to helping explain complex stuff from this thread.

Odunharry:
Just saw it..

Around last year yield was as high as 30% though inflation then was over 30%

Gbam!

The economy was overheating at that point.

It was at that point that Cardoso felt the need to do CPI rebasing. And kept hiking MPR.

The funny thing is, we weren't seeing results as FX was threatening to spiral out of control.

Cardoso had to double down by rebasing the GDP and refused to cut MPR.

People on this thread were happy for high MMF rates and Tbills rates. I was just laughing and thinking, only if they knew the sleepless night Cardoso was having.

Now suddenly, Inflation began to drop

It all seem like a sleight of hand to me because, personally, what I think is happening is:

Strip out the rebasing, Nigeria inflation is still very much high.

Now Inflation numbers has been coming down because we now exiting the rainning season when there is abundance of food.

Now strip away food inflation and let's focus on core inflation. You will realize the fear in Cardoso's mind which is why he refused to cut rate in the last MPC meeting.

Our economy is very fragile.

Odunharry:
Tbills isn't doing 30%

No one said, Tbills was doing 30% sir.

Re-read again, then you will see a different meaning to it.

If Tbills was doing 30%, that means the economy is overheating.

I'm

Donbrig:
For about 7yrs now, I have attentively studied the best options between MMF and Treasury bills, at the end of my intensed observation, after investing aggressively in both instruments, I honestly want to tell you all that MMF has far more advantages than treasury bills in all ramification, and MMF is one of the best ways to accumulate great wealth, with LIQUIDITY.

Most people often think treasury bills is the best options, I wouldn't blame them because I was in that position before...

Let me break it down properly... Patient is one of the greatest advantages most successful or wealthy investors have over others, and in MMF you need a whole lot of patience to count your multiple wins and patience is what most Nigerians don't have, because of our quest for urgent results or wealth...

If you calculate the YEAR-TO-DATE (YTD) rates of most asset managers like Stanbic, FBNQuest, Norrenberger etc, you gonna be having 17% and above, with the advantage of reinvesting your fund quarterly or monthly (by stanbic only)

Treasury bill is good if you are the impatient investor, but MMF is for those with passion to build great wealth beyond 364 days

Nigeria MMF is an equivalent of U.S Blue Chip Stocks ETF investment.

The people really milking the best out of it are people looking to hide their massive loot, political exposed people and foreign investors who has root in Nigeria.

The most I study Nigeria capital market, the more it's clear to me that, it's an incestrual relationship between the government and the banks.

To some extent food prices has gone down or don't go up as fast as it use too. So that amount will cover those

ipobcannibals:
T-bills are better than MMF because T-bills interests are locked in for the duration of your investment, while MMF’s interests fluctuates on a daily basis.
MMF was 23.7% at the beginning of the year, but now it’s averaging 16%. On the other hand, investors who locked in T-bills at 18.5% in January for 1 year got a better average interest when compared to MMF today.

Let me shock you.

Do you know you don't get REAL YIELD from T.Bills regardless of the bank you buy from?

If I am lying about this. Check FMDQ to know that only banks enjoy Tbills real yield and they only increase returns for you to buy when bank liquidity is tight.

CBN cutting rate or not doesn't move them.
Auction is just like playful bazaar to them.

Now I am telling you this because, MMF is really where you enjoy from all sides without locking up your money for so long.

You have to be liquid with cash to shop around. Banks knows this, that's why they bait and hook you with Tbills yield, then turn around to use that same money to invest in their own Tbills or OMO for higher yield.

Your money is gone for one year. See more in my recent video on YTube.

Creditalerts:
How this people take dey run am FAAM by myinvestar 21.3%😲

I just posted a video on YouTube why some MMF earns better than others. Check it out.

suckprick:
@emmasoft, I want to ask, is there a difference between MMF and Tbills? Someone advised me to invest in Tbills instead of MMF. As I am looking to invest a huge sum, I need as much market analysis and advice as I can get. Please shed more light at your convenience. Thank you.

In your earliest post, I saw you quoted 100M to invest.

I would advise you spread your investment into Tbills and MMF to enjoy both privileges.

Lock 30% in Tbills when Tbills rate is high and

Invest 50% in a MMF of choice permanently.

Always Use 10% to shop around different MMF offering the best rate after 30 days.

Lastly, Invest the remaining 10% in a balanced Mutual funds that has both stocks and bonds.


If you follow this strategy, whether rates are poor or not, you will always smile because your financial power (investment volume) is making you enjoy good returns from all sides. (Tbills, MMFs, Stocks and Bond)

For more insight, see my YouTube channel down

IamtheDef:
I wonder what FAAM is doing to maintain theirs @19ish. Drops everywhere

it only means, their funds managers are working tirelessly.

Good job to them.

Sirchiboy:
I am new to money market.
I put 1m into Stanbic mmf last month.
How much will I get everymonth

Glad to have you here with us after rocking the first page of nairaland with your wonderful stories.

MMF rate isn't all that fixed for anyone to tell you exact accrued yield by month end however, it can be estimated but not exactly. Reason being that; Rates changes every day and rates changes everyday because some MMF is lazy and some are proactive.

The proactive guys keep their rates high and the lazy once see their rates decline.

I have a YouTube video explaining this, it will soon drop.


Welcome to MMF, one thing is sure, your money is safe.

emmasoft:
It's as you can see. It's one of First Ally's way of attracting prospects. MMF doesn't have the usual 30 days holding period. This actually came into effect in January this year; it was otherwise before now.

This means people are now free to shop around for sweet rates.

Impressive.


FMDQ and CBN websites will be getting more traffic than usual starting next year, people who are shopping for rates no go let those website rest.

SarkinYarki:
The naira is not stable enough for this , this will cause higher ticket prices

Not true, instead it will take the pressure off naira. Fare cost being expensive should be as a result of other market forces, Not because Naira dollar FX. We need to grow the Naira too.

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As a wise man once said, Raise your glasses and toast to the Dead already and hoorah for the next to die.
I know you want to relax and enjoy the fruit of your labour or salary, when you are old (or young) in terms of secured fixed income instruments. I usually simplify different types of financial involvement on my Yootube channel.👇

He tried, it's not looking bad but sadly Nigerians don't have maintenance culture so let's give it 5 years.

The reason is because, we have rebased and this is happening on the back of inflation is slowly reducing and there is a lot of FPI hot money in the system.

This dude is too young for such offense, but there has to be motive.

This is huge money delibrates up.

It will be better to settle out of court otherwise, it will prolonged for no reason, the accused might decide to drag it out till it reaches supreme Court

The tariff was put in place to protect Dangote's refinery. Otedola is just pitching in for his friend Dangote and also his interest because he also invested in the Dangote refinery. If you care to want to know and understand |nvestinq in Nigeria (even if you are beginner) and you want to understand Nigeria current economy situation or want to know if your money is safe in Nigeria banks or how to make it work for you.

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That news was worrying yesterday morning but good thing Tinubu is startled atleast

The Trump effect.

Funny how another president threaten would jolt the spine of our president to do what he is suppose to do.

Well the Nigeria police needs resources for effective discharge of duties.

If you care to want to know and understand investing in Nigeria (even if you are beginner) and you want to understand Nigeria current economy situation or want to know if your money is safe in Nigeria banks.

Read my signature below, 👇 I have a YouTube channel explaining all this.👇

Thanks to Foreign portfolio investors bringing in the dollars. Also the U.S economy cutting rate.

The moment CBN cuts rates drastically, this FPI money will run away.

If you care to want to know and understand investing in Nigeria (even if you are beginner) and you want to understand Nigeria current economy situation or want to know if your money is safe in Nigeria banks.

Read my signature below, 👇 I have a YouTube channel explaining all this.👇

If you care to want to know and understand all about investing in Nigeria or want to stay updated about current Nigeria economic situation.

I have a YouTube channel explaining all these:

Below is the my YouTube playlist, click to have a peak to see any topic that interest you and please "Subscribe" and leave a "LIKE" if you like what you consumed.


1 - This is investment playlist

https://www.youtube.com/playlist?list=PLelyzjGuxrbj-ORzfwOEveV2vK0j1e3fw




2 - This is Documentary playlist


https://www.youtube.com/playlist?list=PLelyzjGuxrbgzSszN9xFpnnsHVVNnUb2s

Most people have no idea how money can be invested to multiply even when they are sleeping because it was never taught in school— I’ll show you."

On my YouTube channel, I’ll break everything down in simple way. I’ll show you:

How to start investing even if you no get much money.

The kind of things you can invest in.

The latest money news and financial trend wey dey happen for Nigeria.

Real life stories and small documentaries about how people dey make money, lose money, and learn from it.


I will explain everything with clear examples, no big grammar, just layman everyday street English.

If you like money gist, investment tips, and want to learn how to grow your cash, subscribe to my YouTube channel so you DO NOT miss my next video.


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https://www.youtube.com/watch?v=e-yS70gAPuU

If you care to want to know and understand investing in Nigeria and Nigeria current economy situation or want to know if your money is safe in Nigeria banks.

See my signature below, I have a YouTube channel explaining all this.

Your question is not so straight forward but I will pitch in to see if it it will make sense to you.

You a business man and should always realize business is a risk, no matter the experience you have had doing the business.

The market will punish you if don't do your due diligence and it will also reward you if you do your due diligence.

Lastly, The forces of demand and supply is always influenced by so many factors that when you begin to consider all, you won't want to take the risk to do the business.

Anyways, If your merchandise is perishable, learn to stock limited goods and invest the remaining capital in a low risk investment, you can enjoy the yield from that investment while the market correct itself in terms of price action, after which you can withdraw your money and restock.


However, if your goods isn't perishable and prices are against your cost price and you are estimated to loose money because you bought a lot of goods. That's a tough one, I don't know what to say, considering the fact that you need money to continue to run the business. Maybe you sell at the newly adjusted price quickly, cut your loss otherwise it will go down even more. Again, you have limited power in the market, there is a good day and there is a bad day.

If you care to want to know and understand investing in Nigeria and Nigeria current economy situation or want to know if your money is safe in Nigeria banks.

See my signature below, I have a YouTube channel explaining all this.