₦airaland Forum

I have Zedcrest, Paramount and Cardinalstone. Cowrywise equity fund merged portfolio also did well.

Emzedz:
Hw much was ur initial investment

#250,000 each of them.

These two were started on the same day, 16th of this month. What exactly could explain this?

Why is it that CP offer by Neveah on Stanbic Ibtc app is classified as high risk? Not sure Trustbanc was during their own. I thought CP generally was a low risk investment.

I think what I understand from what was said is that CP can be compounded to a rate of 23% , however their MMF is compounded quarterly.
So how is CP compounded, monthly or quarterly? I know it is given at a discounted rate.

Is it not better to invest in Trustbanc MMF than the CP since it has a better interest rate, however I know this rate can fluctuate. Is there any other benefit?

Transfer limit I was told is 5M via app.

Went to bank to move my money to MMF but no be small thing. Even, I have not been credited to my MMF account. I think because of the huge amount. I want to use Stanbic ibtc.
Still waiting for them, I was told to talk to my account officer for better interest in FD.
I have not experience this kind of thing before.

Thanks for your response. Treasury bills in primary market is upto 50M and above which I would not be able to get, and at secondary market will actually be way lesser. Last primary market was about 15% for that tenor.
I did FD but lesser as well but with about 25% penalty charge incase I withdraw qbefore maturity.
Just thought about Money Market Fund because of liquidity and top-up. Although it is the management fee is my worry since I am considering in Stanbic ibtc or through Cowrywise that amount.
Oh yeah, I do know they issue letter for visa application concerning the investment.
Though, I will still ask about the secondary market incase.
In the long run, it seems the Money market fund that is better, as in the future.
I checked your signature. I know about your MFB, but not want to invest at the moment now, maybe in future.

Thanks a lot, I was thinking about the liquidity as well as priority that is why I am considering Money Market Fund. FD was about 4% lesser.

Please, is it advisable to invest about 48M plus in Cowrywise Money Market Fund of 16.55% or Treasury bills for just 90 days; having understood both are low risk. I intend to use the money for Visa application at the end of maturity time. Currently doing FD but lower interest rate.

Which of the above investments is a better option?

Please, is it advisable to invest about 48M plus in Cowrywise Money Market Fund of 16.55% or Treasury bills for just 90 days; having understood both are low risk. I intend to use the money for Visa application at the end of maturity time. Currently doing FD but lower interest rate.

Which of the above investments is a better option?