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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Desanta(m): 4:48pm On Mar 24, 2019
Mcy56:

Hope you submitted your e-mandate form and you don't have name/sign issue. If yes, call their registrar, Africa Prudential to find out, they are responsible and used to pick call or reply mail.
Thanks.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Desanta(m): 4:12pm On Mar 24, 2019
Good evening all.
I thought Transcorp was supposed to pay dividend on the 19th of this month. I have not received mine.
Investment / Re: I Need A Loan Or Investment (15% Monthly For 6 Months Plus Cash Back) by Desanta(m): 1:56pm On Mar 24, 2019
I know a cooperative society that can give you the loan at 7% monthly interest but you must also pay part of the money given to you each month(i.e about 350k) plus the interest for the 6 month period. But it is in Benin city.
Business / Re: Man Struggles With ATM Machine After His Money Got Stuck In Edo State. Photos by Desanta(m): 11:57am On Mar 20, 2019
CuddleBear:
poverty

No need for insults.

1 Like

Investment / Re: Treasury Bills In Nigeria by Desanta(m): 7:34pm On Mar 17, 2019
OgogoroFreak:
you've been using it close to a year or close to a month?

Cos I did saw 14% this year when I wanted to try the app but I was discouraged since they don't give you your profit upfront.
True talk.
They had 14.1% about 3 weeks ago.

1 Like

Investment / Re: Treasury Bills In Nigeria by Desanta(m): 5:39pm On Mar 17, 2019
azpekuliar:
Abeg who for here dey use the Sterling bank I-invest app to invest in TBs? I intend to download the app. I would appreciate a review.
It's okay. I only have two issues with them,
You can only have assess to your money after 30 days.
You loose 30% of your interest if you terminate before maturity.

5 Likes

Investment / Re: Treasury Bills In Nigeria by Desanta(m): 5:37pm On Mar 17, 2019
Grupo:



Hahahaha. That explains why he is "still yet" to get a job with his MSc. Lol.
Harsh.

6 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Desanta(m): 5:20pm On Mar 17, 2019
maishai:


Yeah, You will fill some forms @ Morgan, Pls get your account number and chn Number from the various stock broker or better still get your most recent cscs statement from those brokers take them to morgan and follow their instruction, as for the IPO they need to be dematerialised by morgan.........Anyway you are in for a long walk but it will be done faster if you have all the time to spare
Thanks.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Desanta(m): 5:20pm On Mar 17, 2019
Mcy56:

Yes. Contact their customer care unit.
Only that Morgan can be slow in attending to this kind of request.....but yours might be different, just keep following it up with them both thru mail and phone call. Good luck.
Thanks.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Desanta(m): 4:33pm On Mar 17, 2019
Good day all.
Please I have some shares from different companies I bought through different stock brokers and through IPOs. I don't use any stock blocker currently by I have opened an account with Morgan capital. Is there a way I can bring all my stocks together to be managed under Morgan capital?
Thanks.
Health / Re: Endocrinologist In The House. Ask All Your Questions On Diabetes And Other Endoc by Desanta(m): 9:33pm On Mar 11, 2019
Mzora:
@Desanta please help interpret this comment on a recent fnac report : The features seen is most probably a combination of lymphocytic thyroiditis and colloid goitre. Thank u
In simple terms it means it is not a cancer( Malignant tumour). It's good news.
Investment / Re: Treasury Bills In Nigeria by Desanta(m): 9:13am On Feb 28, 2019
HenryWilliams:
Morning y'all. When can one expect debit alerts for successful bids?
Another question that bugs me:_supposing I write a letttr seeking to invest in TBills and for some reason the bid was unsuccessful.. Would I have to write another letter for the next auction or the bank would take my original letter as standing instruction to invest in subsequent auctions without a recourse to me?

FBN would use the instructions for the failed bid in a fortnight . So just chill.
Investment / Re: Treasury Bills In Nigeria by Desanta(m): 8:24pm On Feb 19, 2019
eghos24:
Please guys. I saw someone once saying you don't need to have an account with stanbic before using them for treasury bills but when I went to the bank yesterday day. They said I need to open an account first.
Yes you need to open an account with them first.

2 Likes

Investment / Re: Treasury Bills In Nigeria by Desanta(m): 10:13am On Feb 17, 2019
Ojix85:
I recommend the book “Your money or your life” to members of this thread.

There’s a global movement of millennials called “FIRE - Financial Independence Retire Early”.

The goal is to work your behind off, while saving/investing the bulk of your income such that the proceeds of your investment can cater for your current standard of living.

Financial independence has a number to everyone. Eg : 100mill, 200mill etc. Find yours.


True talk .
My financial independence is to earn 500k minimum monthly from my investment. That I hope to achieve by the end of next year, God willing. Then I'm ready for retirement.

6 Likes 1 Share

Investment / Re: Treasury Bills In Nigeria by Desanta(m): 12:54pm On Feb 15, 2019
Sweetmumsi:
Hi all, is it possible to invest in treasury bills two times in a year, perhaps using different banks.
Example, if I should use zenith bank for the 1st one (182days ), upon maturation ,can I withdraw the money and go to another bank to purchase treasury bills for another 182days?

Just thinking
Yes it's possible.
Health / Re: Today Is World Diabetes Day - 9 Things 'todo' To Avoid The Incurable Disease by Desanta(m): 8:16am On Feb 15, 2019
This is sensational,
World Diabetes Day is November 14th every year
Investment / Re: Mutual Funds by Desanta(m): 4:47pm On Feb 07, 2019
Just2endowed2:


please can you share this email


MutualFunds@stanbicibtc.com
Investment / Re: Mutual Funds by Desanta(m): 11:39am On Feb 07, 2019
megacontrol:
how long did it take for your last withdrawal from when you initiated to when you were credited?

About 4hours.
Investment / Re: Mutual Funds by Desanta(m): 11:00am On Feb 06, 2019
ImperialCovfefe:


Hi Desanta,

How did you submit your KYC documents without visiting a branch? I’m assuming you’re referring to the normal bank account and not the Mutual Funds. If yes, would you mind elaborating?

Thanks.
I sent an email to them stating my intentions.
In their reply they sent a list of forms, about 8 in number which I filled scanned and sent to them with my means of identification, Nepali bill, and pass port photography. Since then I've deposited 800k into my account and my last withdrawal this morning is 600k.

2 Likes

Investment / Re: Mutual Funds by Desanta(m): 5:42pm On Feb 05, 2019
Esyy:


What's the name of the app?

Stanbic ibtc.
Investment / Re: Mutual Funds by Desanta(m): 2:02pm On Feb 05, 2019
Psychodavidovic:


You can still use stanbic even without visiting their bank. Download the app, register with your BVN and you're gobod to go. Although, i think there is a limit which will be lifted when you visit the bank and perform the KYC stuff.

True.
That's what I did and after my KYC was accepted, all limitations were removed.
I have never visited the bank and I have several millions of naira with them.

2 Likes

Investment / Re: Mutual Funds by Desanta(m): 1:59pm On Feb 05, 2019
.
Science/Technology / Re: Beware!!! 5 Reasons You May Regret Spending On Solar Power!!! by Desanta(m): 6:58am On Feb 05, 2019
earthrealm:


The main issue is your pumping machine..it draws too much power and would kill your batteries under 1.5yrs..unless you install minimum of 8 batteries.

The safe max energy you should draw from a battery is C/20 = 10amps for a 200ah battery...n this translates to roughly120w.
Multiply this by the nos of batteries you hv to get the max load you can safely put on your bank.
Total energy stored in a 12v 200ah battery is 2400wh..n total you can safely use is 50% = 1kwh if you factor in losses.
So your 200w freezer wud last 5hrs on a single battery. So use this to know how many batteries you need..depending on the duration.as you can see.the freezer exceeds your battery safe energy draw...thus 2 batts is the minimum you need shud you choose to power only your freezer.

Why not try running your pump only when there is phcn..that way.you can get a 4 x 12v 200ah bank n enjoy it.you can add 6 x 300w solar panels to ensure seemless operation.

Should you insist on the pumping machine..then get 8 or 12 batts and 12 to 18 pieces of 300w Panels.ensure you buy an inverter with a good surge capacity..the mustpower inveeter is affordable and can handle surge loads.would recommend 4kva or higher.
Thanks.
Science/Technology / Re: Beware!!! 5 Reasons You May Regret Spending On Solar Power!!! by Desanta(m): 10:42pm On Feb 04, 2019
earthrealm:


Wattage o...not voltage.
Get someone technical to help you look at the freezer and find out the wattage

200 WATS.
Science/Technology / Re: Beware!!! 5 Reasons You May Regret Spending On Solar Power!!! by Desanta(m): 7:00pm On Feb 04, 2019
earthrealm:


read my questions again slowly and answer all of them, you didnt

edit: by ditto i mean whats the wattage of your freezer, and how many hours do you wish to run it daily?

The voltage is 240 volts and I intend to run it for 6 hours daily.
Science/Technology / Re: Beware!!! 5 Reasons You May Regret Spending On Solar Power!!! by Desanta(m): 2:11pm On Feb 04, 2019
earthrealm:


whats the rating of the pumping machine, 1.5hp or 1hp?...and how many hours do you wish to run it daily, ditto goes for the freezer,
lastly how is phcn in your area, and do you wish to add solar to it??
The pumping machine is 1.5hp and the inverter is for a about 6 hours daily.
I want to use solar panels. I get phcn light for about 6 hours daily.
Science/Technology / Re: Beware!!! 5 Reasons You May Regret Spending On Solar Power!!! by Desanta(m): 7:47am On Feb 03, 2019
Feranmhine:

sir concern the battery is the rate of consumption & maintenance
& about the estimate, have it in mind, you will spend above #500thousand

Thanks.
I have a budget of a million naira.
My fear is if it will carry those items I listed.
Science/Technology / Re: Beware!!! 5 Reasons You May Regret Spending On Solar Power!!! by Desanta(m): 12:55pm On Feb 02, 2019
I need the estimate for a 3.5kva solar inverter that will power my deep freezer and pumping machine.

Most of my friends with inverter are complaining that most of the battery available in the country are fake and they didn't last up to 2 years. Is this true?
Health / Re: Endocrinologist In The House. Ask All Your Questions On Diabetes And Other Endoc by Desanta(m): 8:06am On Feb 02, 2019
2Ballz:
Desanta,I love this. Thumbs up.

Thanks.
My little contribution to humanity without being accused of advertising. You know how the profession is.

1 Like

Health / Re: Endocrinologist In The House. Ask All Your Questions On Diabetes And Other Endoc by Desanta(m): 9:09pm On Feb 01, 2019
Dacronym:

The Dr said It was Ok
Why the regular Foamy Urine then
Protein in urine is the major reason for foamy urine.
Please check your urine for microalbuminuria.

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