Am not sure how these money market funds interests are applied, is it compounded with existing balance daily or just once on the initial capital annually? Which investment option would actually yield more returns within one year (365 days) in the two scenarios below.

a) Invest N1million in TB @12%, so as to use the interest of roughly 120k paid upfront to give my brother a monthly allowance of 10k for that year. At the end of one year from date of my investment which is the maturity date I get my initial capital back with no addition or subtraction.

b) Invest N1million in a Money Market Fund that yields an average of 12% P.A, withdraw only the 10k needed for my brother's upkeep every month till the end of that year. At the end of that year would i be left with exactly my initial capital, more than it or less than it? Am not sure because i dont know how the interest is applied considering my constant monthly withdrawal.

Gurus in the house please help analyse these scenarios if you know.

Pipsbasketing:
If you have been active here, you will recall I made a buy call for gold last year dec, 23rd or so and I gave update almost every week on that, the position lasted for about 3 weeks and I vaped about 700.0 pips on this single pair on the buy position.

Are you ready for the sell this time, let us wait till tomorrow (see picture below)........this is how I swing with the FX business.

Also my former broker gave me $25 credit two days ago for referral
Just in 2days, I am already making more than 120% (see picture below).

Success is sweet when you are calm, patient and consistent.

Selah

What criteria do you use to close your basket? Percentage profit of balance/equity or each trade when your systems indicates a reversal in trend?

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Mileage is 83,320 while VIN is SALSFZ5436A979877.

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Post some pictures.

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Can this go for N45m?

Is this house still available?

Is this house still available?

Still available.

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