₦airaland Forum

ojesymsym:
Why, I thought you were in the corporate sector?

Do I go to work with it every morning? I entered with statement of result. My certificate is resting in my school till date. I don’t plan on getting another Job when am done with this....Not after discovering investment and financial education.

tipzy001:
I just received message from Unionbank that my interest rate has been adjusted to 4.2% effective 9th of March... I guess every bank rate is really going lower and lower

It will keep going down, the best decision was locking down funds in dec.2019 The next best time is now.

Mfunkynation:
I have follow ur instructions but am not getting a better results

Maybe ur case may just look like mine

C505:
I got 3.8% from stanbic.

Some people sabi maths oooo.

I got 9% and I know why
At the beginning of the month I had for eg 3.5M and middle of the month I took out like 3M leaving 500k. I suppose Part of the interest was from the 3M.

zamirikpo:


Certificate is over rated......

I haven't even collected mine......

Don’t even remember that there is something called certificate

Am looking for where to buy 1500 dollars per month.

DKM123:
See this native dog. So you think everyone sleeps on nairaland like your jobless self?

Thank you. Go on spreading ur reality.

davosky304:
Stop saying things u don't know, last year november or so I moved 15m frm fbn into access, because they didn't want to do d tbills, they said no secondary market, I said no wahala... while someone in access did it d next day 8.6percent, don't believe some of these bank staff, they don't know certain info

Even some don't know their bank have mutual funds platform sef

Evidence have kept the guy shut

DKM123:
Don't mind that one. Some of them here do not have a dime. They are just here to read comments and feel among. .

Treasury Bills have been stopped for a few weeks now. The last time I bought was late December. Tried buying again few weeks ago and was told it was no longer available for individuals who have less than 150million to invest. Access and First Bank gave same information.

Stop spreading fake news. Nobody comes here to show off but if it will convince your arrogant self I will post the investment here.

Tweetums:
polaris wise savings Acc offer 4.5% p.a without fixing, but ur savings must not less than 100k or no interest for u...

Remember the clause of withdrawal. I had 15m in stanbic and I withdrew 5k thrice within the month and no interest was paid. That’s why I had to just go for 336 days because I know I may still do transfer from the account.

Grupo:
Secondary market?

Yes

Dsticks47:
Why not go for investment one VDF. Their return is between 4-7%

I have opened VDF with investment one. I refuse to fund it becos my account officer has not replied just one message I sent him on WhatsApp.

DKM123:
TBills have since been stopped for individuals (about a month now). Unless you have 150million and above, you cannot access it.

I just want to use this moment to appreciate you all that voted Buhari. Smh.

That is a lie. Just did 336 days at 4.6% at stanbic two days ago.

DaBogu:
Dr. Tayo Oyedeji
@tayooye
Compound interest is a double-edged sword that LIFTS investors and KILLS borrowers.

INVESTMENT:
100k @ 10% per annum = 2millon at retirement (30 years)

LOAN:
100k @ 2% per month = 124m (same period).

Fools borrow to sustain their lifestyle; wise people invest into their lives.
3 lessons.

1. Invest.
Compound interest makes investment a necessity for anyone who hopes to retire in the future.

2. Run from debt.
High interest rates + compound interest makes most loans unsustainable in Africa.

3. Relative value.
Very often.
Investment return < loan rate.

Many small investors don’t see this. And it keeps them stagnant. The painful thing there is that they think they are growing.

Poanan:
I don;t think there is any reason to panic. Argentina postponed the repayment of a debt from IMF. Nigeria once approached international bodies to forgive our debts during Obasanjo's regime.

International debt is completely different from national debt. We must compare apples to apples.

I tot I was the only one seeing it differently. International debt is quite different from this panic u guys are spreading here

Double194:
No be only Investment one na Investment five and half.

Thief people wey no dey reply email once your money don enter.

Lol
The song is getting louder... people’s money are singing “ this world is not my own...”

mymadam:
Great. That's why DUE DILIGENCE is of paramount importance in ALL prospective transactions... especially ONLINE. Will forward this rejoinder to the initial informant. Thank you.

Just copy from the nairaland page and paste on your whatsapp. I just did it now

This period fraudsters will not rest oo. Too much liquidity in the system. They will do anything to get their hands on people’s hard earned cash. “ As the hurters(fraudsters) have decided to shot without aiming, the birds (investors) have decided to fly without perching “. INVESTORS BE AT ALERT �

Adiwana:
Invest in real economy.Imagine folks that have 5 keke napep on the streets of Lagos.That's at least 5 unemployed people out of the streets and over 3 million naira worth of investments in Nigerian economy at 700k per each KEKE.All this gone down the drain over poor govt policy but the same govt wants you stop being greedy with TB and start putting your money in an economy that's so unstable

When we were saying it here, some “I too know where busy insulting us”. Have you seen the real economy?

Stanbic MMF interest is now 5%.

ibechris:
*Monkey Business*
�����

A lot of monkeys lived near a village.

One day a merchant came to the village to buy the monkeys.

He announced that he would buy the monkeys for £100 each.

The villagers thought he was mad.

They thought how can somebody buy stray monkeys for £100 each?

Still, some people caught a few monkeys and gave them to the merchant and he gave them £100 for each monkey.

This news spread like wildfire and more people caught more monkeys to sell to the merchant.

After a few days, the merchant announced that he would buy monkeys for £200 each.

Even the lazy villagers now ran around to catch the remaining monkeys and sold them for £200 each.

Then the merchant announced that he will buy monkeys for £500 each.

The villagers started to lose sleep! They caught six or seven monkeys, which was all that was left, and got £500 for each one.

The villagers were waiting anxiously for the next announcement.

Then the merchant said he was going home for a week and when he returned he would buy monkeys for £1,000 each.

He asked his employee to take care of the monkeys he bought.

The merchant went home and the villagers were very sad as there were no more monkeys left for them to sell at £1,000 each.

Then the employee told them he will secretly sell them monkeys for £700 each.

This news spread like wildfire. Since the merchant will buy monkeys for £1,000 each, there is a £300 profit for each monkey.

The next day the villagers made a queue near the monkey cage.

The employee sold all the monkeys for £700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys.

The villagers took care of the monkeys and waited for the merchant to return.

But nobody came.

They ran to the employee.

But he had already left too.

The villagers then realised that they had bought the useless stray monkeys for £700 each and were unable to sell them.

*Beware of Monkey Businesses*

*Real Businesses are always based on Real Products and Services*

No more monkeys business this year....

Some are coming in the form of network marketing, Ponzi scheme etc... beware!

Nice and sweet promises are calculated for u which look wonderful on paper but a mirage in reality.

This is 2020; invest wisely, so you won't end the year in regrets

Once Again; Beware of Monkey Business ������ �!! �����

Anytime you are in Warri, I will like to buy you a carton of any drink you take . Nice write up there.

Can somebody please help with the link to the property section?
Cc
Zamrikpo

emmanuelewumi:
Treasury Bill, bonds, Eurobond, money market funds, real estate, personal business, stock market, jobs are all Investment vehicles and none is superior to the other because they serve different purposes.

To move from point A to B, we have bicycles, motor bikes, cars, truck, lorry, boat, trailer, train, aeroplane, ship. What will determine our mode of transportation from point A to point B is the distance, terrain, sizes of our luggage etc. None of the vehicles is better than the other because they have different purposes, their suitability is determined by circumstantial variables.


Same with the various Investments and asset classes.

Exactly

Just some months back some where criticizing buildings as bad investments as compared to treasury bills. Now that treasury bills is experiencing all time low interest rates , they won’t see it as vacancy rate as compared to building/rent. If I had abandoned my project by now all these cash flows coming in this January won’t have been possible. Would have been looking at the cash in the bank waiting for CBN policy to be reversed.

@emma, you are pulling my legs out into stocks anyways I love ur investment pattern, I will dedicate my free 50k every month to picking stocks. First of all, I have three questions:
(1) How do I get these companies reports even if its e-copy
(2) I have some shares with fidelity, could remember it was first bank that sold them. Does that mean they are my brokers or just agents? Becos even the e-dividends registration I did it tru then
(3) In your opinion, as a newbie which brokers do you recommend?

Adiwana:
Rent is N1.8 million/annum.This is minus the shop rent.The man is selling cause he has a problem with the authorities abroad so he urgently needs the cash to sort out his problems. Am just saying even at the cheap price the house is currently selling,the demand is very low

DM me with the pix, location and also ensure it has all the necessary documents.

emmanuelewumi:
Becareful, a lot of predators will soon send private messages to you. You should also continue doing what produced the N12 million.

I will advise you to invest half of the money on FG bonds and remaining half on money market funds, till you have an idea of what you can invest in. At least this will give you about N1million per annum, that is about 83k per month

Good advice. I love this guy

Grupo:
This happened last year. I enjoyed up to 14.8% interest rate.

All my respective bills will mature on January 30. By then, I would decide on what to do.

That said, I would rather leave my money in my savings account and receive small interest than invest in Uber or Okada.

We look like twins. I hope our mother no give one of us out. Exactly my investment timeline and moves. I can’t come and have high Bp - I love my 110/70 Bp. Life is seeet.

Grupo:
You are kunleweb, the same guy that goes around nairaland looking for people to invest in your bogus businesses. I'd take anything you say with a pinch of salt.

Exactly

Grupo:
How many okadas do you have running for you?

I want to check something?

Let him get just one Okada so that we will see the model he uses. “Na another student question Dey easy pass for class, not the ones we are asked”

healthserve:
Hian. I like to retain my comments within the premise to avoid issues. However, you don't have his template and whatever template you're using to critic his business is subject to flaws. To accurately diagnose a concept, we should always hmwait out to get intricate details and operational concepts.

Anyways since it borders around the periphery of my business expertise, permit me to chip in a simple, chai how do I avoid this. I don't want wahala.


Let's leave it that. Abeg. Back to thread issues

Hmm... am watching from a distance now. “Teacher way her husband Dey work for oil company drive Jeep, world ppl fit say na teacher job money” ... I laugh in tongues
Let’s just hold our cool, three months time we will get feedback, no need analysing. Stats speaks.

healthserve:
Rules for man. And not otherwise. As long as they're no fixed rules, it can be anything. Dangote is starting with a massive refinery. I wonder if he wouldn't have set the bar lower if he listened to speculators.


Speculating is good but not entirely healthy. While it can be speculated to fail, it's a 50-50,it could suceed. More so, I'm a firm believer in experiences that people shouldn't hold back in life but launch as whatever gains or loss experienced also comes with exponential positive experiences that would have not been learnt if people withhold by " skepticism". So it can be four, it can be 40. As long as risk appetite accommodates complete loss while chasing green bars

And Dangote is going to give the refinery to me to run for him so that I can balance him. My friend the two scenarios are parallel lines jor