₦airaland Forum

igbizen:
I hope the quarrel is over. Ok let’s talk about investments. Now that Banks are prorating ppls investments, the next plan is to invest in bonds. So which bonds is onboard?

ahiboilandgas:
With the way things are now,investor should have a mix of assets (fixed income ) if u know u want to be doing tb for next 5 years , just invest in bonds,then used the coupon payments to buy tb by annually....if u take the weighted rate average over the 5 years u will be within your targets of 13 percent across 5 years...we can also explore other smaller investments to support our growths...money must work

Emmaesty:
Few millions is good money sir

ahiboilandgas:
u are a clown and a nuisances ,I don't need those riches scamming people or stealing public funds

Jejebabaa:
I think porating the amount is not a bad idea though than returning the entire amount completely. Atleast some profit has been locked down while using the remaining funds to chase other assets. Rates are expected to keep going lower considering this CBN OMO actions. From Oct 2019-Feb 2020 (4 months duration), 7-8 trillion naira are expected to mature from OMO bills. Most of this money will have to be chasing other assets class, which means demand will be more than supply and therefore rates will keep going lower in the money market.

IamR:
I am not just happy with what is happening to our TBills. See where our greeds have led us now. It seems TBills don dey cast small small.
What are they prorating in TBills? I am not just happy. Where to go again? Eurobonds sef no be am, I transferred 13k$, my bank charged me 135$ just to invest in Eurobonds. Withdrew 7k$, they charged me 3.5$; It's like keeping money in Dom account does not worth it. It is too expensive to maintain and naira has been very stabled for almost one and half years now.

Where should we invest now?
Any available bond or commercial paper?

Oh my sweet treasury bills is turning sour.

zamirikpo:
TB cannot stop, our govt runs on deficit....and p
Even the budget is drawn with projections on borrowing locally and internationally.



No fear .

My own is those people calling fraudsters smart people UNA WELL DONE OOH. See whether ur mumu sense has landed us.

zamirikpo:
@freeman67, ii understand ur point but u left the substance and u are focusing on a little phrase.

Whether the rich spend there money extravagantly or not the point @ahiboilandgas was stressing is that they are mostly I'll gotten wealth.

Ur arguement sef should centre on whether dangote is legit or not. The federal govt made him rich by enacting policies that favoured him. How will u be the sole supplier of some commodities in Nigeria and not become rich. U remember what they did to ibeto.

For me, I am definitely going to be rich legitimately. I started early and am going global. by his grace, I will succeed.

My mentor is money.

healthserve:
Apt

healthserve:
Apt

Pharmtj:
u seem to know so much about the region.

zamirikpo:
Thank u....

ogunjyde2004:
If you have stocks/shares but you cannot find any documents or certificates relating to them. I can help you to carryout search on such stocks and revalidat any bonus/dividends accrued to them over the period of time.

Hallenjay:
Pls
s oooo

I did 520k and I've 522k in my account
For 91days primary auction and wat am. Seeing is 9,242,I check and see dat cbn stop rate was at 10.8 for 91days... How come am having 9242 .
I've not receive debit alert but dats what I've on my account .
Pls someone shd explain for me.

dake40:
I heard that some banks automatically do roll over on treasury bills, how do avoid that?
Keep in mind that there isn't any option of rolling over in the treasury Bill forms, yet they roll over

Baratheon:
Good evening everyone,

This may not be the right place to ask this question, but I can't think of any other place since I'm already familiar with this thread. I'm serving, and currently receiving a monthly stipend of 60k (19,800 plus state allowance).

I intend to save everything but I don't know the best savings plan I can go for. Someone suggested piggybank to me but I'm not sure if there are better options for savings. I also have an idea about ARM MMF. Please advise.

ahiboilandgas:
well done me am grounded in finance ...r.o.i is better in Africa....cos of the wrong system .....imagine if 3400 km pipe line was working plus 21 depot and refinary...we will all be out of bussiness

Mamalicious:
Please someone should assit. Someone has 6.2 M to invest in TB . Which bank is better amongst the two and First bank or GTB and any idea of rate for 365 days .
Thanks

OFG1:
A lien has been placed on the discounted value of the tbills

zamirikpo:
what about kwaruption, tribalism, Fulani herdmen, Biafra, kidnapping(yesterday they went into a secondary school at isele asagba, very close to the state capital asaba and kidnapped principal,vice and some teachers). religion.......

now vat increased, toll gates to resurface, cbn deposit and withdrawal charges, in adition to no light, no road, no health facility......kia na wa....oooh

we should be on the guiness book of records .....

pls where will your 10m start from.

zamirikpo:
Am sure 28k dols has more buying power in america than 10m Nigerian money in Nigeria. Na big money sha .but can it get u a piece of land in asaba core area abi lekki or VGC or banana island or eko Atlantic city...

Or can it build u a duplex or buy a brand new 2019 Toyota camry. Regular things we should be able to afford.


Am not boasting but 10m can only ensures u live a management life. Like build a small bungalow in a low cost area with moderate finishing and epileptic power supply cos a15kva Mikano generator is around 6m.

Not easy to come by but doesn't guarantee anything big.....so to me, na small money.

Barrytone:
Those tellers are gang members and give out your address and description when you withdraw large sum. It has happened to a friend that decided to club instead of going home since him don't hammer. His compound was raided door to door asking for the sum he withdrew that day. Next one was followed and intercepted and demanded for exact amount he just withdraw from the bank. Kidnappers dont ask for ransome indiscriminately in some cases, they ask what you have in your bank. As long as you dont collect loan, bank has no biz knowing your house. But since they need an address, give them an address

Umueme:
wth

Barrytone:
For opening of account, security interest, open account using your alternate address. I use my village home address. Try making your self unreachable as most of the bankers are terrible. Av gat people's experiences to learn from. You can change your address if possible.

Skyfornia:
"We have so many problems the same way your country Nigeria has many problems. Are you aware problems are good? I mean coming from a country with problems is a good thing. You want to know how/why I say it?

With problems come solutions, be a problem solver. Think solutions & put your solution out there, people will pay for it"


A lot of sense...Ala adighi nma bu uru ndi nze (The chiefs benefits more When there is a problem in the land)

Chucklive:
Thanks!