₦airaland Forum

Hello house.

Someone mentioned a few pages back that he reinvested his interest so that at the end of the tenor, he gets a bit higher than the supposed interest. I tried to dig that page out but don't want to waste too much time digging.

I want to know if that happened in primary or secondary cos after my maturity yesterday, I did secondary today and proposed to reinvest the interest but she said it's pro rata and since buying stops by 1pm, there's no way to reinvest the interest.

Since I didn't have in depth knowledge of how he did his, I accepted the norm and still proposed my interest with the fave value be paid at the end of the tenor but they paid me my interest.

I really hate collecting this interest upfront hence, I want advice from papas in the building

Morning house.
Please can anyone kindly help my kid brother calculate how much he'll get as he decides to invest his yearly contribution of 460'900 in tbills. He said he'll do this for 15yrs meaning by 15th yr, his face value would be 6'913'500

In all sincerity, I would have done the maths but everything in my head seems to be black this morning. Something is really bothering me ATM

In need of FIFA 19. Anyone interested in selling please WhatsApp me 08080882505

aremso:
Latest by noon

I thought you said latest by noon.

Still expecting

TissuePaper:
I mean we were colonized by the British colonial masters who taught us English as well, and if there is anything i'm aware of its that the colonized country usually adopts the language and speaking pattern of their colonial masters like Senegal, Ivory Coast et al.

The English we speak here in Nigeria is very banal and unrefined, would've been nice if we at least adopted England's Queens English.

Lalasticlala Mynd44 dominique

Apparently Nigerians don't care about the Queen's English again. They prefer the Trump's English..... A language that sounds so bizarre that if you don't have big ears, you'll never hear one full sentence.

That's the reason till date, I can never watch a Hollywood movie that isn't subtitled otherwise, I'm only seeing the action and neglecting the conversations.

igbizen:
the only language where a statement can be used as a question as well as the answer.

Bossman pls can you give me your contact?

Have a few questions to ask you about tbills please

amjustme2:
Any link to DL?

Thepiratebay.org
Yts.lt

Please don't let us derail this thread any further. Let's take this to movie section. I also come here for my investment purpose and I would also feel bad if this was done by someone else..... Practically, I already am bursting people's blood vessels.

Don't want to claim another victim.

TissuePaper:
hahahaha no worry i go quote you for the movies section later make we yarn, That Hobbs and shaw too dey my watch list

It's OK. Quote me there so we talk.

This is our business section

TissuePaper:
ahh the great penny wise, i'm loyal boss

Still waiting for the HD version of the recent movie to be released

I already saw it in the cinema but want to see it again. Hobbs and Shaw just got released on HD today.

This should be all otherwise they go ban us for derailing this thread

TissuePaper:
this your name reminds me of a proverb

This is actually "Pennywise"

So maybe your friend is a horror ...... !!!
Smiles

RealityShot:
"deceive"
Lolzzz....!
I gave an example, and yes, I learnt one can get full bail at that rate on a thread here Nairaland. Am no expert on that. (you seem you be )

There are so many other businesses that 100k can start too...
E. G:
6 gallons of palm oil = 45000
4 bags of garri = 44000

Gaskia, choose what you like and start it.

You're right to get a full bale at 50k but what's the essence of buying a full bale at 50k only to discover rags.

NOBODY will give him cotton bale at that amount.
1st grade UK bale is BTW 170-200K from a trusted supplier. Even 1st grade China bale can't go for less than 115K.

For other business idea, IDK. Others can help to enlighten him so he becomes very certain what's he's dabbling into.

RealityShot:
oga.. If you say "Uber" again,
I will know you do not "listen".


How can you be planning to start a business with 100% of your capital?

Please use your degree to go and get a teaching job now.
You clearly have very low risk appetite and a little laziness in you (like me.. Lol).

No need for heart attack from driver wahala.

The job will give you pocket money, while you can keep your investment growing with the interests.

NOW, if you are still interested in business, after getting the job,
Then use the next Tbills interest ONLY to learn about the business and start it PART-TIME.

FOR EXAMPLE:
you get 120k interest.
Use 25k to study/pay for training on Okirika business
Use 50k to buy a bail
Use 12k to pay advance for floor space (or sell ON-THE-GO)
use 8k to pay your salesperson first month salary... Lol...

Here is the catch... If s/he can't make enough profit in the first month, you will be able to pay s/he for the next 3 months without fear.

After THAT TIME you should know if you are going to continue to support the business from your job....
LOL...

Business no easy OH... Never use more that 50% of your capital to start a new business (especially in NIGERIA).

GOOD luck.

50k for bale? 1st grade China or UK clearance?

Don't deceive that guy and be specific so he knows where to navigate cos that money will only get him a 1st grade quarter bale from UK with tag or 2nd grade, 3rd grade clearance, or half bale from China.

However, he's liable to get a full bale of socks or stuffed animals at that amount.

Java001:
I Don send am to your mail na

Please I've also been looking for how to get this game. If you don't mind, kindly help me too

I need FIFA 19 for BUY.

anyone interested in selling, please WhatsApp me 08080882505

kamsy4God:
You are very right, especially Firstbank they will so frustrate you ,.
They made me move my funds to Stanbic. I must say that stanbic is the best from my experience so far. I just walk in to bank, ask for Tbill form, fill it and it's done. I have been doing this for 3yrs, with stanbic both primary and secondary market.

I once went to GTB berger paint branch to enquire for the availability of tbills in primary market and the crazy customer care guy said to me... "just be reading your newspaper". I replied "is it the one you'll be buying for me everyday? or can I come and be taking the one meant for this bank? " I hissed and left the bank.

majamajic:
Brenda and mafikizolo


Naija songs ?

I guess u are not from Nigeria , are u from South ?

No bro I'm here.... Those songs are just classic

I'm trying to use my own sling ring, travel through the quantum realm and mine as many super old school naija songs as I can get.

If you're from my timeline, I really need your help here. I've only dug out these.....

When the going is smooth and good - onyeabor
Hallelujah day - Dr alban
Carolina - Dr alban
Baby girl - nel oliver
Rosie - blakky
Meet at the river - mafikizolo
Black president - brenda
Come on home - yalende sisters
Peace - onyeka onwenu


Need your help folks

Thisnut:
i vouch

Bro greetings
Please can you give me your digits as I would like to confirm some things about govt bond

Acidosis:
...

Bro can you kindly drop your contact number? I want to clarify something about govt bond please.

One more thing......

Does anyone here knows what's like to liquidate an ongoing life assurance policy? How much percentage charge are they likely to chunk off?

Someone please confirm if I can get my tbills money upon maturity without a certificate.

The only proof I have is the detailed mail they sent to me when I subscribed. I don't know if it varies from bank to bank but the bank in question is stanbic.

If it happens that I need the certificate, can I still obtain them considering one is soon to mature and the other, January.

dannywest01:
if that’s the case then it won’t work for me because I like my upfront so I can use it for another business.

Apart from i-invest, which other banks don't pay upfront cos I really don't like being paid upfront

With this remark, will the student be able to resume school next month?

IkalaiyeLOTO:
Narrow escape

For your mind.

I asked for directions and good Samaritans offered their help and you say narrow escape

Abi dem sended you?

Thisnut:
500k will not give you the said amount in 18yrs.

The OP said he has 1.5m to invest yearly, that is about 125k monthly. If he put 125k at 15% into bond every month and compound the interest. At the end of 18yrs he should have 136,327,814.96 in is portfolio. If he decides to stop compounding and just want to live solely on the interest even at 12% he should get about
1,363,278 monthly plus he still has the original capital

Hello thisnut, I want to enquire a lot about this bond. What are the downside of delving into it? Will this govt have a negative effect on the bond 18yrs from this day? The risk is like what? Please I need your widom

Asleykene:
They all have different rates....

Have not heard about abujainvestments.com

If they all have different rates, which one seems best?
I have used axa mansard and stanbic IBTC. From my observation and earnings, axa mansard is better than stanbic.

Thisnut:
what would be the value of 500k in 18years from now.

You can compound the money in bond for 18years at 15% that will give you 113,754,536.05 at the end of 18yrs. And at 50years you easy make 1,137,545.36 monthly at 12% while you still maintain your original capital.

Your choice

I don't know how bond works. Maybe you can throw in more light.

The 113'754'536.05 you mentioned, is it payable just once?

@ freeman67, tritritri, desanta, ahiboilandgas for your wisdom. God's blessings continually be upon you and all of us aspiring for a common goal.

Let me stick with my MM and TB.
I was trying not to put all eggs in a basket but this basket still looks OK

Thanks house

freeman67:
In Nigeria? With what we have on ground now what is the possibility of that insurance firm still existing in 20yrs time?

This I don't know buy an eye opener against future cardiovascular related issues.

In 20yrs time, my heart might not take what it can take now. Even bulletproof vest wears out my brother

tritritri:
Founded: 1963 ..my brother if u go put ur future for nigeria company , no blame anyone ooh. na to wish u best of luck..

There's sense in this.

You know say sometimes when you hear some kind amount that'll suit your need, that segment of your brain wey intelligent pass other segments go just block making you to believe you're going to do the right thing.

Thanks anyway

tritritri:
Oga dis is nigeria.....i pray the company doesn't come up with an excuse after u clock 50yr..u might not survive it.

hope the company has been in existence for the past 30yrs ,

Aiico

Please house I'm contemplating between 2 things.

I have a few tbills running in my bank and I have a target of attaining up to 20M with the idea of getting 2M yearly @10%.

I also have a life assurance running although I'll say I regret delving into it cos the roi after 15yrs isn't worth it but my account officer practically opened up to me today that he'll prefer I do annuity for life as it pays more than the current policy I'm dealing with.

Here you determine how much you want to be paid for life after 50yrs. For eg, I told him I'll love to earn 500k monthly from 50yrs and he calculated approximately 1.5M yearly to be paid so that as soon as I clock 50,I'll be earning 500 monthly which is 6M yearly. Although I'm 32, I'll have to pay this sum for 18yrs which he explained it's a deferred payment since I'm not 50yet

Question is...... Is it a good idea to do this or is there anyone knowledgeable enough to throw more light into this? Cos it may look better than tbills but??