₦airaland Forum

EquityM:
You can try Zedcrest or Zrosk if you wanna try out some equity drama.

Im actually in Zedcrest. Thanks to the marketing by Uberchick1. It’s almost at par with CSOF and the entry bar is not as high. Will try zrosk too if they get their onboarding act together. I called their customer line and it was switched off. That alone put me off. Didnt have strenght to chat anyone on whatsapp

EquityM:
The MMF rate is gonna drop sooner or later.

Maybe but i dont think a 50bps drop will create a huge impact. I know CBN is treading carefully so as not to rock the boat given that election is close. At this point, Politics will have higher weight than sound economics in decision making. You dont wanna give the opposition free ammunition

EquityM:
Are you into CSOF at the moment? The USD is bouncing back gradually; there might be some stocks pulling back before Q1. Any scenario is still going to go great, as some stocks have been doing well with the NGX pension included.

Naaa, treading carefully not to buy the top lol. It’s a win win though like you said

Breaking: CBN eases MPR by 50 Bps to 26.5%

MPR may land at 25% or less. The current 27% is just not sustainable and is one of the highest globally, if not the highest

EquityM:
I ported to equity now; I can't handle fixed income fluctuation with equity at the same time

Yea makes sense. Fixed income has been in the mud for a while now.
I dont think CS fixed income alpha has even regained the last sharp 4% red

MPR slash by MPC incoming. Brace for huge gains in equity and uptick in fixed income

Pro tip : MPR slash by MPC incoming.

The bond convexity effect will see uptick in fixed income and equity. MMF in the mud

bassdow:
but that doesn't mean they are FRAUD Ooo. Just hopefully they are qualified and knowledgeable enough + if they get SEC certified, then better

How many people even go to SEC website to check. All they have to do is just mention SEC somewhere in the website and people like Creditalerts will jump on it and even generate referral code to market to others

bassdow:
reCall when I said most people would do MMF like ponzi scheme but you guys diidn't understand.

mind you, should you have interest in having your own business that offers investment services such as MMF and the likes just like what stanbic IBTC, Norrenberger, etc are doing, we are here and can develope the necessary websites and apps for your needs.

That's all I can say

Thanks

I keep laughing at this. 20% hunters take note

Creditalerts:
TODAY'S RATE


STANBIC 15.32%🙂🤑

FAAM (FirstAlly) 17.6%😁🤑

STL MMF. 20.12% 🔥 🔥 🔥🤑🤑🤑

TRUSTBANC 19.53%🤑🤑🤑


Kindly Click on my signature to register for STL MMF thank you🙂

Click on his signature at your own risk

bassdow:
reCall when I said most people would do MMF like ponzi scheme but you guys diidn't understand.

mind you, should you have interest in having your own business that offers investment services such as MMF and the likes just like what stanbic IBTC, Norrenberger, etc are doing, we are here and can develope the necessary websites and apps for your needs.

That's all I can say

Thanks

😂😂😂😂😂 You are a man of great wisdom

billyfranc:
Does TrustBanc or Cowrywise compound daily, monthly or quarterly? Which Mutual fund compounds daily or monthly? Also, How safe is funds invested with Trustbanc on their Prime app.
Please, help a newbie. I hope to make my first investment this week.

There are things people say that sounds logical but it’s not true. For instance; read the reason cowrywise gave for merging rates. Does it sound logical? Yes. Is it true? No.

You can apply this same framework to those saying that risk is same across all fund managers. They are nothing but referral crumb hunters.

Take a trip to stanbic head office and the office of some of the fund managers being promoted here. Then tell me which you would rather invest your life savings with.

Forget finance jargon, if Firm A has over 1 Trillion AUM and has been around for 30+ years, and Firm B has 1 Billion and has being around for 5 years, which would you rather stake your life savings on?

If you were SEC, which of the two firms would you rather put under more scrutiny? The firm with 1 trillion or the one with 1 billion? Especially considering that you aren’t omnipotent and your job is to protect public interest.

What’s the “so what” if a firm violates SECs trust and does agro business with your funds? Will SEC kill them? Worst case, they’d pay fines and someone may do some jail time (unlikely). Remember, your money is gone.

You think stanbic does not like high rates? Ask your self, how is someone else offering you 20% in same economy while the more experienced manager is giving you 15%? Could one of them be taking more risk? All money market investments are transparent. There is no information asymmetry.

Ask your self, if the guy offering you 20% is much more brilliant than the others, how come their operations and processes are subpar compared to the one offering you lower rates?

Some things are just intuitive and some people are just being obtuse