eagleeye2:
To the gurus in the house, I have a nagging question.
What happens if I have a yet to mature T.bills still running and an event such as death occur. How can my dependents get my money when it reverts back to my account?

GonFreecss1:


Lol! It is. In crypto people lose their life savings in seconds. Very brutal! In the NSE at least you can see some warning signs before everything goes wild.

I will say this again, NSE is heaven.


Lol! There is even opening and closing time! Una get break time for NSE. I.e. breathing time. Hahahahahaha. Monday to Friday, 9 am to 3pm. In crypto it is 24/7 Saturdays and sundays included. You will be shouting Hallelujah in church and your crytpo asset has lost 50% in 1 hour.
In crypto the market is always open! You go to sleep rich, you wake up poor, become poorer once the Asians and Americans wake up and start dumping more. Volume is not even good enough to sell at the current price you have already lost 60% in. Trust me, with the small lamentations I have seen in this Nairaland, and the people who talk and pretend but never buy anything, I say NSE is heaven, or the Treasury Bills people who think Money market funds are risky? (Hahahahaha), some even can't near stocks. I will say once again, NSE is heaven.

I can see what most of you call bear market in NSE and I laugh. Think of all the bear markets you know in Nigerian stocks and even the US dot com bubble, it's not still as bad as what crypto does. But then again, that is why there is so much potential to be a millionaire there. I mean millionaire in USD. That extreme volatility, that can make you or break you.

Raider76:


The high charges make high frequency trading unprofitable. The highest charge is the broker commission charge which is supposed to be variable but set not to exceed 1.35%. The other charges such as for NSE are fixed and common to all brokers. The only way one can save is to find a broker whose commission charges are significantly lower than 1.35% before negotiation. That's what I am looking for.

bigjay01:
@house

is it a usual practice for registrars to request for BVNs before setting up eDiv?
For someone who is offshore and hears all sorts of fraud stories that touch ...

The registrar in question is Cardinal Stone

Jennypharb1:
Good morning guys, I'm a novice at treasury bills and want to invest about 3.6m. I went to Zenith bank and they offered me 10.5% for 91days on the secondary market. However when they did their calculations I saw that I would only be getting about 97k because they would be dividing by 365days. Is this normal? I thought that I would be getting 250 to 300k at the least? Is this how other banks work?

BullBearMkt:

...I will try & do more

To be successful in stock trading cum investing, 1 important thing to follow is the index. Be it the general market (NSE) or individual sector (such as banking index, conglomerate index, oil/gas index etc) and look for the individual stock(s) that ready to bring out the BULLs out of the market (BULLBEARMKT).

Like the banking sector now, while the index is declining, 2 major stocks stands out - IBTC & STERLNB. I AM NOT SAYING TO BUY NOW (and actually, a little dip is good to buy). But what I'm trying to educate people about is that when the index begins to rally, these 2 banks will be leaders & outperform the market

Happy working week ahead all!

PLAN YOUR TRADES AND TRADE YOUR PLANS

akinssan:
Who is this DeRuggedProf?

veecovee:


Once again, Morgan called and explained things to me, so your alarm is false sir.

They said but links are secured.

veecovee:
yes the first is on their website now, but they said I should log in thru their website ... just called them.

But come ooo, how did you know it's not secured

currentprice:


how mkt my brother. do u remember my reply to this post yesterday , we don eat belly full since yesterday till this morning


check forex thread u will see how we dig the oyel over night. oyel will be bullish soon may start from tomorrow or next week

cc BullBear

cc fxuser

zamirikpo:


Nooo...... that means they don't get the gist. I will invest in December sef.... no one is saying don't invest in tb ,we are only saying TB is a means to an end not the end in itself.

jidobaba:
You people have effectively discouraged people from investing in this week's TBills auction!
Some people already wrote and scanned instructions waiting to send to their banks but are now instead looking for land to buy in developing areas...

Mj45:





Pls explain. I was told 13% interest rate for a 37 days duration but when it was time to get paid, I was told that the interest rate was on per annum basis and so had to be divided by 365 days, leaving me with peanuts in the name of interest rate.

Agbalowomeri:


Well you are right, it's the use of the registers; discount cannot be up to 100% as long as the price is positive
For fidelity example, discount is (fairprice - currentprice)/fairprice = (6-2)/6 = 4/6 = 67%
Discount here relative to the assumed fairprice is 67%

Price appreciation or gain however, can be more than a 100%

yok:


okay. This is it now:

https://twitter.com/AnalysisTarget/status/1055099383543463936