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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4650679 Views)
Fixed Deposits Or Treasury Bills, Which Is Better? / Fixed Deposit And Treasury Bill Investments From Abroad / I Need Information On Treasury Bills In Nigeria (2) (3) (4)
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Re: Treasury Bills In Nigeria by omotola90(m): 5:39pm On Mar 26, 2021 |
OgogoroFreak:piggyvest is the best thing to happen in our present day society..... The much talked about treasury bills is no where near it in times of rates it offers(10%p.a). Its the best thing to ever happen out there |
Re: Treasury Bills In Nigeria by omotola90(m): 5:41pm On Mar 26, 2021 |
OgogoroFreak:very good -investment brokerage firm I must confess with seemingly good (top notch) customer service |
Re: Treasury Bills In Nigeria by afroxyz: 5:56pm On Mar 26, 2021 |
Tobex4realTobex234: The US stock market has historically been ahead of the economy at least by 6 months. Speculators/investors price in future occurrence. That's why the market was doing well when there was massive unemployment. The same reason you are currently seeing sell off in the market (despite the stimulus) because the economy is improving, interest rates are rising on strong dollar. It is better for institutional investors to loan money at a guaranteed rate than invest in risky asset like equities. It is all common sense, connect the dots haba. |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 6:21pm On Mar 26, 2021 |
omotola90:Yes, from my personal experience with them, I'll rate them 9/10 2 Likes |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 6:23pm On Mar 26, 2021 |
omotola90:They actually give 8% per annum and you can withdraw all or part of your funds, anytime you want. If you want more ROI, you need to use their safelock feature. 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by NL1960: 6:56pm On Mar 26, 2021 |
maishai: Not just bank statement but bank atatement with N20m that has stayed in that amount for some weeks. |
Re: Treasury Bills In Nigeria by hustla(m): 9:23pm On Mar 26, 2021 |
OgogoroFreak: There's MFA for transfers and they will not even sanction transfers to another account that doesn't bear your name They'll flag and restrict the account if you attempt it. Their security no be joke lol |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 9:27pm On Mar 26, 2021 |
hustla:I'm not sure I get what you are saying. |
Re: Treasury Bills In Nigeria by hustla(m): 9:28pm On Mar 26, 2021 |
OgogoroFreak: If you want to withdraw to your account, apart from your regular password, you'll have to provide security questions The account number and name you want to withdraw to must also match the name on your profile and card Talking about Piggyvest and hackers emptying accounts 1 Like |
Re: Treasury Bills In Nigeria by omotola90(m): 9:33pm On Mar 26, 2021 |
hustla:yeah...i think there is high level of security on the platform... More secured than some generational banks platform 1 Like |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 9:34pm On Mar 26, 2021 |
hustla:Yes, that's very correct. 1 Like |
Re: Treasury Bills In Nigeria by collinsobinna(m): 10:33pm On Mar 26, 2021 |
What about Crowdyvest? Their rates are slightly higher but haven’t used them. Any one with experience regarding their operations. |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 10:47pm On Mar 26, 2021 |
afroxyz: Why won't it appear as common sense after it has happened. Something that some so called investors were even predicting a second crash around March. Even my own favourite YouTuber was preaching sell sell. I know of 2 popular Twitter guys that deactivated their accounts because none of what they predicted happened. How is it common sense when prediction didn't match reality? |
Re: Treasury Bills In Nigeria by richforever123: 10:48pm On Mar 26, 2021 |
collinsobinna: Someone had her account emptied on Cowryrise before, since that incident they have updated their security, you can now only withdraw to an account that matches your BVN |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 10:52pm On Mar 26, 2021 |
richforever123: Cowrywise ≠ Crowdyvest |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 11:01pm On Mar 26, 2021 |
But i will typically pick Cowrywise over Crowdyvest. Cowrywise is solid, I've used them because of these 3 reasons: - It is backed by YCombinator (one of the top venture capitals in the world). Same YC funded Paystack, which has now done over 1000% at exit after selling to Stripe - The co-founder Razaq (CFA) has a first class in Economics and has worked at Meristem, Shell e.t.c - They have a trustee partnership with Meristem Trustees which is regulated by SEC. So forget all the noise here from people that are not ready for digitization of the entire banking, financial and investment sector. 3 Likes |
Re: Treasury Bills In Nigeria by prestige2013: 12:35am On Mar 27, 2021 |
Piggyvest or Cowrywise, which should I opt for? |
Re: Treasury Bills In Nigeria by Prussian: 1:10am On Mar 27, 2021 |
richforever123: Which bank account will he withdraw to? You forget that the account to be withdrawn to must also be linked with BVN, NIN and others. 1 Like |
Re: Treasury Bills In Nigeria by C505: 2:58am On Mar 27, 2021 |
Apologies is it safe to put your bvn on piggyvest? I just opened an account with them and I need intense advice from the gurus Much appreciation for your advices in advance |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 8:52am On Mar 27, 2021 |
C505:Very safe. |
Re: Treasury Bills In Nigeria by SenatorJames(m): 11:03am On Mar 27, 2021 |
Tobex4realTobex234:Good morning, I want to learn about US stock, I sent you a dm please respond. |
Re: Treasury Bills In Nigeria by C505: 11:32am On Mar 27, 2021 |
OgogoroFreak: I was trying to send funds from my main account to piggyvest and it's saying this..... 1 Like
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Re: Treasury Bills In Nigeria by LauraClasikVibe(f): 11:35am On Mar 27, 2021 |
SenatorJames:https://www.nairaland.com/5669161/us-stocks-pick-alert/290 1 Like |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 11:40am On Mar 27, 2021 |
C505:create another virtual account on the app. sterling Bank not wema. Click on Savings > Flex Naira > Settings > create a new Nuban 1 Like 1 Share
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Re: Treasury Bills In Nigeria by Ibrahim505(m): 11:57am On Mar 27, 2021 |
OgogoroFreak:They'd even create another back up with sterling bank. I like their innovations and their prompt response in providing the best customer experience among fintechs. |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 12:02pm On Mar 27, 2021 |
Ibrahim505:They are very responsive. I have Never had a reason to message them because, the app works so smoothly for me. |
Re: Treasury Bills In Nigeria by Nobody: 12:40pm On Mar 27, 2021 |
I don't really know what this piggy west ,cowry wise is all about.The little I googled about them tell me they are MFB.I want to know do they have physical offices or just online thing.Are they what you refer to as fintech that smartyouth said stand a chance to go bust in the future |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 1:20pm On Mar 27, 2021 |
SenatorJames: https://www.nairaland.com/5669161/us-stocks-pick-alert/290 |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 1:21pm On Mar 27, 2021 |
Biafran4life:Yes, they are fintech including kuda bank. Also, they do have office but the idea of most fintechs is that you get everything done without having to visit their office. We are talking technology. All man with their own fears and DD. Lots of people here fear bitcoin and fintechs but with bitcoin plus fintechs, I have made about 1,200% pure profit in one year. 300M plus in just one f*cking year! By pure profit, I mean the funds I have cashed out not the ones I still have in bitcoin cos I still have lots of bitcoin. 4 Likes |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 1:21pm On Mar 27, 2021 |
Biafran4life: If you are very concerned about funds safety, can you trust them with 2% of your capital first. At least something to test the waters.
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Re: Treasury Bills In Nigeria by Nobody: 2:26pm On Mar 27, 2021 |
If you or your loved one needs specialist healthcare, will you take them to a doctor with no or very little experience (even if he made a first class from the best university in the world) or will you take them to a very experienced specialist with decades of experience in the particular field? Most rational people will go with the latter. So how will one work hard for his/her money and give it to some guys that have never been involved in successfully managing retail funds to invest for them just because these guys have an app that makes investing easier? If you look at the backgrounds of some of these so called fintech fund managers, you will understand where I am coming from Their target is the young people for a reason. Most young people are not financially literate and have no clue about how to carry out DD on these guys. 8 Likes |
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