₦airaland Forum

heavenisreal18:
Do I stand the chance of losing capital in high risk investment

Obviously....hence the name "high risk"

heavenisreal18:
Good morning
I have tried treasury bill and the rate is annoying now with the WHT the removed at maturity. 90k was removed from my capital cos I invested for one year I wasn't expecting it.
Now am on MMF the percentage is not encouraging
Pls I am begging someone to put me through in another high rate investment with low risk .I don't want to put all 12m in MMF

High rate yet low risk na near impossible financial oxymoron.

One must give way for the other. High rate=High risk.

This is a clear case of " who the cap fits,let him wear" .

If e pain you, then you're "unemployable" indeed.

English comprehension is a huge task for Nigerian graduates.

He never said ALL Nigerian graduates are bad.
He "said" Nigerian graduates are bad.

His assertion may come out blunt but it's TRUE.

Na herd mentality dey make anybody vex on top that statement.

Graduates/Job seekers should do better through capacity building.

Dear principality holding down total energies,

Please let go this week.

Atleast, Dem don show some kain bright 2026 for their Q1report.

Meanwhile, investors wey sabi go still load up on Access and UBA this week

tenderjunkie:
Please what's the withholding tax for Stanbic MMF, and is it taken out before interest is posted?

10% flat across all platforms/apps

Egelife:
Thank you so much for this. I wanted to be so sure I am making a good decision considering the fact that ARM financial is not really talked about here I guess. I will be porting on Monday from Stanbic as I just found out they paid about 14.4% as against 15+% shown on their platform throughout last month

Did you factor in 10% WHT in your calculation?

Hope you know 16% on paper will translate to 14.4% after WHT?

Nairaland market makers/movers,make una pity Total bikonu🙏...E just glue gidigba,no movement.

Well Sha, God wey remember Airtel yesterday go remember Total one day.

Gbagaun!... We move!

welzyj2:
You can't feed off mmf monthly if you don't have Hundred million let's be honest

Anyone with hundreds of millions is obviously very rich no need to complicate this

This is either NOT TRUE or SIMPLY EXAGGERATED.

What are you eating Biko?

Except you are using 'feed off' to synonymously mean' live on'

My Toyota Camry 2008 (muscle) ,upon starting, goes off the moment my leg gets off the accelerator.

What could be the cause?

Starpro87:
Hi, good day.

I funded my Investnaija account, hoping to invest in Aradel holdings.

System is telling me insufficient fund to buy stock, whereas I allegedly have sufficient funds there.

Please what could be the issue, or is there something I'm not getting right?

Please do well to reply to my inquiry.
Thanks in anticipation.

The money you transfered is still in your wallet and not your stock trading account.

Move it from your wallet!

Fertileland:
Una well done ooo.Please I have #3m that I can use for jijo this February. Please any advise on penny stocks to trade

You want to do penny stocks at this time of(imminent )price correction?

No go injure yourself say you wan catch knife wey dey fall.

Hold on & watch...

KarlTom:
Ding!

We go again today✔️

bolaayenimo:
NGX is a scam. Most of the people at the helm of affairsare scammers. Remembertl the 2007/08 bubble burst

This your statement is definitely not true!
NGX isn't a scam Biko.
Sharp practices here and there doesn't make it a scam.

Foodempire:
Good afternoon, for those who have withdrawn the total invested funds in money market recently, does the 10% WHT deducted from your money? Or does this only apply to treasurybill investment?

10% WHT applies to your interest.

Some managers remove the WHT daily(if you get daily interest) or remove it from the total of interest for the time in consideration.

Na ONLY your interest WHT dey affect

Foodempire:
Good afternoon, for those who have withdrawn the total invested funds in money market recently, does the 10% WHT deducted from your money? Or does this only apply to treasurybill investment?

10% WHT applies to your interest.

Some managers remove the WHT daily(if you get daily interest) or remove it from the total of interest for the time in consideration.

Na your interest WHT dey affect

yMcy56:
@Streetinvestor2
I'm trying to monitor and research another stock that can perform like EUNISELL and NCR....
Hopefully, I'll identify one or 2 in the course of the search...

* The one I've seen, no one can even get to see it buy on the exchange for now, it may need the regulators intervention before some quantities can be released for trading.....
OR, if they want to come for capital raising

We both know doing this with certainty is virtually impossible except you're clairvoyant.

Stocks on NGX "over-perform" for a number of reasons beyond fundamentals/company financial health.

The best you can do is guess a number of stocks likely to move that way....

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.

This is not exactly true..

MMF interest can also swing higher remember.

In addition, ease of liquidation no be same o.

Real Santa rally!..... Where art thou?😀

Portfolio down by 6% this month.... December better be good.

We move!

Locotrader:
The one I am interested in all these 25%,T+2 talks is the adjustment of trading time from 10am to 5pm.This means they will also make adjustments in +-10% daily to +-20%.

Most of us will turn to day traders.Investments for dividends will die a natural death.

Dey play!😀

It really won't change things as long as listed companies on ngx aren't increasing.

There will rather be more "lull" periods in daily trading

All investments( MMFs included) gains are subject to 10% Tax as far as I know.

20%.... lands at 18% net
15% . ..13 5
10%.....9%
Etc.

ytdivine:
Which means Stanbic MMF @19.40 or so is better

ytdivine:
Is there any charge on the 20.9%?

Of course yes!.... 10% WHT on the 21% leaving you with about 19% net interest.

Gotocourt:
Hello guys, how's the rates and services of ARM ONE asset management?🙏

Go to court😜!

Someone is simply learning yet you tagged it "unwise" decision...... That choice of word is out of place

bassdow:
what you did wasn't wise at all. You don't invest blindly. You need be sure (at least to some extent) you have idea of what you're doing.

What you doing is nothing but Gambling which ain't right

alexokeke325:
.
Thanks for the reply, what's COB pls

Close of business= End of the day

Tolu2024:
I said falling drastically which means rapid decrease

Looks like "drastically" means different things to both of us.

Falling?.... Yes!

Falling drastically?.... For me,No!

Define "drastically" fess..... I want to check something.

Are you concerned about the falling or the falling drastically?

MMF is not fixed-interest investment.
Relax...nothing dey happen.

Tolu2024:
Can any guru explain to me why money market interest rate is falling drastically?

We go again today......


Happy trading/investing

Taking their respective OS into consideration, Acesscorp is really not cheaper than first bank.

Let's see how today goes.

Thank you👍👍

yusfatedeeprof:
Not worth it. I've tried their smartearn offering, which is basically ARM mmf through their transsnet assets management.

1. The actual interest paid is lower than the advertised rate.

2. There's a lack of transparency regarding interest calculation and the rates applied. They just show you the amount.

3. They charge an outrageous processing fee, 1% of your capital (up to ₦3,000). Although Palmpay Premium members get one free purchase per month.

4. Interest can be unpaid for up to five days after funding your account.

I use Cowrywise now and I've had seamless experience with them.

Any one here subscribed to the ARM MMF on palmpay?.

I just wanna know if I'm on the safer side or I should register directly with the ARM MMF app