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Dammybrite's Posts

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InvestmentRe: Mutual Funds by dammybrite: 9:38pm On Mar 19, 2019
As soon as they acknowledge your mail... Usually less than 24hours if supported with an email.
Chudymario:
Thanks a lot. Ideally, how long does it take before the credit is reflected on the account?
InvestmentRe: Mutual Funds by dammybrite: 6:41pm On Mar 18, 2019
Sure, it will...
You might also send them a mail to hasten things up
Chudymario:
Well done friends.

Pls, will a transfer to Stanbic MMF account and upload to the Web platform (evidence of payment) be reflected on one's account? The top up is less than 50k.
InvestmentRe: Treasury Bills In Nigeria by dammybrite: 1:53pm On Mar 14, 2019
Anyone that knows stanbic's sec market rates should please enlighten us, please
InvestmentRe: Treasury Bills In Nigeria by dammybrite: 12:47pm On Mar 14, 2019
Which bank, Biko?
lancee:
SEC RATES


91 days @ 10.65




182 days @ 12.25




350 days @ 12.40
InvestmentRe: Treasury Bills In Nigeria by dammybrite: 7:33am On Mar 14, 2019
Good day, ladies and gentlemen. What's up in the TB secondary market of each bank?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by dammybrite: 5:35pm On Mar 12, 2019
Show us the way, baba
onegentleguy:
U do have the time to revert. wink cheesy grin

Above was a past post to serve as guide for those who care to listen.
Like I always tell folks;

"If(as an investor) u wish to find out the meaning of 'emotional intelligence', go everywhere else but NOT the stock market.
...otherwise, 'u'll oftentimes be forced to pay' ten fold the 'actual worth' of an asset !!"
~Sinclair

Unfortunately most fellows are 'emotionally ridden' with their investing pattern. ...and when that happens, it becomes very difficult to implement a workable investment strategy.
There are not too many coys that can pass for the same measure of return as ZENITH. The stock simply has a pattern. If u know ur way around it, u would more often than not, make money from it.

Q.E.D
InvestmentRe: Mutual Funds by dammybrite: 11:54pm On Feb 21, 2019
Diversify, mister
BlackChief01:
i will be retiring from my present job in the next 8years and I have about 3million Naira which I am thinking on investing on one of the MMF for the next 7years.

Some friends are suggest stock market that I have a better chance of doubling my fund, while some say I should go into agriculture. I am confused right now as I can't afford to loose this money.

Need all the advice I can get right now thanks
HealthRe: Menstruating Twice A Month by dammybrite: 3:12pm On Feb 21, 2019
How many days make up your typical cycle? Has your cycle been regular in the past? It might mean you have a short menstrual cycle or something else. Discuss with your healthcare professional so that your concerns can be addressed.
InvestmentRe: Mutual Funds by dammybrite: 2:33pm On Feb 04, 2019
Cynnny:
Hi Guys,

Please, can anyone direct me on how to make additional subscription on my Stanbic IBTC Money Market Fund account?

Would I make use of the Top-Up section on my dashboard? I am being directed to enter my debit card details and seems I would be charged an extra 100 naira on the 25K I want to transfer. I want to be sure I am using the right means.

Thank you.
You can, however it will direct you through interswitch/ the other third party.
Alternatively, you can transfer the funds straight from your bank to their account, screenshot the transaction number as well as the successful transfer page. You can then log in on the web and upload your proof of payment. That was the instruction I was given this morning when I raised a similar concern by their staff in charge of MMF.
InvestmentRe: Treasury Bills In Nigeria by dammybrite: 4:08am On Feb 03, 2019
Thanks
dejiotus:
Not for Friday but below were the available Stanbic TB secondary market tenors and rates on Thursday 31 January 2019.
91days > 11%. 301 days> 14.25%. 343 days 14.25%. If you subtract one day each from the tenors, you have roughly the available rates and tenors in the secondary market on Friday.
InvestmentRe: Treasury Bills In Nigeria by dammybrite: 9:41am On Feb 02, 2019
Hey, everyone. Does any have an idea of the T-bills available in stanbic IBTC secondary market and their rates as at Friday?
InvestmentRe: Mutual Funds by dammybrite: 9:07am On Feb 02, 2019
First of all, that their app is network-sensitive. Hence, you want to consider moving to a place with better network reception.

debostar:
Is anyone having problem with redeeming on Stanbic mutual fund.I have tried unsuccessfully for the past one week.The OTP refuses to come or it comes so late that it logs me out.
Please what do I do
InvestmentRe: Mutual Funds by dammybrite: 9:05am On Feb 02, 2019
Both should be sent at the same time unless the network is bad on the recipient's phone.
Yem0350:
OTP via SMS or email. Which one?
InvestmentRe: Treasury Bills In Nigeria by dammybrite: 1:05pm On Feb 01, 2019
dharpzee:
Why dont you just try Meristem and save yourself this stress.
shocked
Slower than snail
InvestmentRe: Treasury Bills In Nigeria by dammybrite: 4:55pm On Jan 31, 2019
Grupo:
It's not up to 15% but close.
Yeah, just did a little calculation here... It's 14.806
InvestmentRe: Treasury Bills In Nigeria by dammybrite: 3:54pm On Jan 31, 2019
Stanbic IBTC just removed the money now, the rate is roughly 15% my estimation
InvestmentRe: Treasury Bills In Nigeria by dammybrite: 11:46am On Jan 30, 2019
dejiotus:
Maybe your bank accepts 100K for secondary market. Unless this has changed recently, my account officer in Stanbic informed me. that 500K is the minimum that Stanbic bank accepts for the secondary market. Anyways some account officers can be economically with the truth at times because of personal agenda. Anyone with a more recent info on Stanbic minimum amount for the secondary market can update the house. I am aware also that the minimum amount varies from bank to bank
The minimum for stanbic is #100k, maybe the account officer just decided to be lazy or probably uninformed.
InvestmentRe: Treasury Bills In Nigeria by dammybrite: 7:17pm On Jan 29, 2019
Thanks a lot for this timely answer
Grupo:
Stanbic only deducts your money after a successful bid. So, expect your money to be deducted on Thursday.
InvestmentRe: Treasury Bills In Nigeria by dammybrite: 3:48pm On Jan 25, 2019
Can't he bid at the bank's rate in the primary market?
MCeemajesty:
Considering the volume of 1m (which is <50m min. bid volume in the treasury bills primary market auction as stipulated by CBN),you will be availed a secondary market rate at below 11%pa on treasury bills. My advise would be you go for a Fixed deposit with an investment house or Non-bank financial institution that invest in risk-free instrument(money market). Hope you find this helpful
InvestmentRe: Treasury Bills In Nigeria by dammybrite: 3:07am On Jan 12, 2019
Hi, everyone. I was informed by a Gtbank representative that the minimum amount that can be invested in the secondary market of the bank is 500,000 Naira. Please, which bank allows for lower amounts and has good rates?
FamilyRe: Hear What A Mother Told Her Daughter On Her Wedding Day by dammybrite: 12:35pm On Sep 19, 2015
Hullo,miss raayah. no one is supporting anything, d simple fact remains "let patience have her full work in you". What happens when you provoke or dare your boss? I guess you know the answer already.
I understand you perfectly, but you have not rigged well enough into the reason for your parents separation, it surely has a deep cause which you know not.
Finally there is a time for everything, a time to speak and a time to be quiet.
EducationRe: NPDC/SEPLAT Undergraduate Scholarship Awards 2014 by dammybrite:
it
EducationRe: NPDC/SEPLAT 2014: Shortlisted Candidates Come In. by dammybrite: 1:18am On Sep 04, 2014
I no see anything for my mail oo,what can I do please
WebmastersRe: What Will You Want To Achieve In 2014 As A Web Programmer? by dammybrite: 3:30pm On Dec 04, 2013
Hope to be an elite programmer by d end of 2014 although I'm stil a learner.pls gurus in d house,which materials would U recommend?
PhonesRe: Android, Anyone? Part II by dammybrite: 1:53pm On Nov 28, 2013
pls,aw can i reduce data consumption on my tecno p3 and then what is d name of d app that prevents d phone from visitin playstore
EducationRe: Shell Undergraduate Scholarship 2013 by dammybrite: 10:12pm On Nov 14, 2013
Thanks,bro.av seen it.
EducationRe: Shell Undergraduate Scholarship 2013 by dammybrite:
Pls,bro. I didnt see anything in my email.pls sir,d email once again is
EducationRe: Shell Undergraduate Scholarship 2013 by dammybrite:
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LiteratureRe: Best Nigerian Novel U Eva Read? by dammybrite: 12:31pm On Nov 05, 2013
The bottled leopard and eegun alare
1 Like
PhonesRe: Android, Anyone? Part II by dammybrite: 12:27pm On Nov 05, 2013
Is it possible to upgrade from android 2.3.5 to 4.
And above
EducationRe: OAU Admission For 2012/2013 Session by dammybrite:
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