₦airaland Forum

emmasoft:
Enjoy Rates while they last

Stanbic - 19.92% net
Norrenberger - 20.69% net
SFS fixed income - 15.02% net.

Click on the links on my signature or attached form to start.

What's SFS fixed income?

vefexam:
What's SFS fixed income?

SFS Capital is also a fund manager and SFS fixed income fund is one of the funds they manage.

Fixed income fund operates just like MMF, the only difference is that it has FGN Bonds as part of the underlying assets ie it has all that MMF has plus FGB Bonds. Many investors who don't wish to wait for bonds because of long-term indirectly invest in bonds through fixed-income funds. The rate is less volatile than MMF, which has a daily rate evaluation.

Hello house! I'm presently with cowrywise investment portfolio MMF with 20.84% rate. Hope I'm safe

.

Please, which is the best money market funds to invest in now?.

And is Treasury Bills Primary market sales still on? What was the last interest rate pls?

uwaifou:
Please, which is the best money market funds to invest in now?.

And is Treasury Bills Primary market sales still on? What was the last interest rate pls?

The word best is relative when it comes to MMF investment because there are other indices apart from rate used by investors to rate funds, particularly the managers of these funds.

Currently, most MMFs rates range from 16 to about 21%. If you are interested click on the first link on my signature to invest in Stanbic MMF or complete the attached form to go with Norrenberger MMF.

The last primary Tbills rate on Wednesday this week stands at 21.24% for the one-year tenor while 3-month and 6-month tenor rates stand at 16 and 17% respectively.

Note primary auction of tbills is normally done fortnightly not every day while secondary auction is every working day of the week.

You can do both with investment one financial services.

Talk to me if you need more clarification.

NL1960:
Never knew you can use NIN slip in place of utility bill. I want to help my sister-in-law open Stanbic MMF but utility bill has been her challenge as they live in their own house in Benin and it is solar that they are using.

If NIN slip is used for utility bill, can the same NIN slip be used for means of identification?.

@emmasoft,

My sister-in-law has joined the StanbicIBTC MMF train. I helped her opened the account online and she got her e-account the next day. Na by 6:10am yesterday she wake me up saying she has done a transfer to commence the journey. Na the same 6:10am she wake me up this morning that she has logged in to the online portal and already seen her interest for one day.

NL1960:
@emmasoft,

My sister-in-law has joined the StanbicIBTC MMF train. I helped her opened the account online and she got her e-account the next day. Na by 6:10am yesterday she wake me up saying she has done a transfer to commence the journey. Na the same 6:10am she wake me up this morning that she has logged in to the online portal and already seen her interest for one day.

Nice one @NL 1960 . You are doing well with the positive investment influence you are having on your people. You are giving a gift that keeps giving. Well done! Keep it up.

NL1960:
@emmasoft,

My sister-in-law has joined the StanbicIBTC MMF train. I helped her opened the account online and she got her e-account the next day. Na by 6:10am yesterday she wake me up saying she has done a transfer to commence the journey. Na the same 6:10am she wake me up this morning that she has logged in to the online portal and already seen her interest for one day.

Hahaha, the thing can be interesting sha. I'm enjoying this MMF now. Person go just balance and money go dey enter his/her account. Abeg let the rate not come down soon o!

please house, what is the minimum amount that can be invested in stanbic mmf? Please i am a newbie in this terrain.

akinonigbinde:
please house, what is the minimum amount that can be invested in stanbic mmf? Please i am a newbie in this terrain.

N5,000.
Remember to click the first link on my signature to open Stanbic MMF account, but you don't need cash to open an account.

emmasoft:
N5,000.
Remember to click the first link on my signature to open Stanbic MMF account, but you don't need cash to open an account.

Please I placed a redemption early in the morning but up till now I have not gotten alert

Mrajah231:
Please I placed a redemption early in the morning but up till now I have not gotten alert

That is not normal. If you had raised the issue earlier the team in charge could have looked into it to see what could be wrong. Ordinarily if you put in for redemption in the morning you get credited same day. Though It's still possible you get alert today. You can also check your account balance.

SFS abeg add smoh 1% join the interest nau

Emmasoft

enque:
SFS abeg add smoh 1% join the interest nau

Emmasoft

@enque, no worry it was discussed yesterday. soon you go see something good when they finish revaluation. You know SFS fixed income has FGN Bonds in it.

emmasoft:
That is not normal. If you had raised the issue earlier the team in charge could have looked into it to see what could be wrong. Ordinarily if you put in for redemption in the morning you get credited same day. Though It's still possible you get alert today. You can also check your account balance.

Thanks…I just got the alert now . Thanks for your support in this forum 🙏

Mrajah231:
Thanks…I just got the alert now . Thanks for your support in this forum 🙏

Nice one. Enjoy your weekend!

Take The First and The Hardest Step to Wealth the Rest of the Steps Will Be Easier

There is always joy in the hearts of parents when they see their baby take the very first step. In some cultures, it’s a big celebration especially if the child is the firstborn. Sometimes a remarkable thing is done that day e,g planting a fruit tree to commemorate the day of the first step.
The first step is celebrated because it was difficult and much effort was put in, it’s seen as an achievement and will lead to other steps which may eventually lead to even walking fast or running.
The first step is difficult because many considerations are made – fear of falling, not sure I can, not used to it, and many others.

Most times investment is like taking the first step, it seems difficult but it has to be taken if you must make more steps in life. One thing with the first step is that it’s somehow uncertain and full of doubts but it’s a breakthrough once it’s made.
Are you still struggling with the first step in investment? don’t be afraid just take it you don’t have to walk fast or run, it’s just a short pace or little movement but don’t wait further take it.

You have just some thousands of naira, don’t wait till it’s millions take the first step and invest in MMF, leave the more complicated form of investment for now and start, as you continue taking the baby steps in investment, you will get more confidence and have stability just like the baby that turns to an adult.

MMF and other short debt instruments with guaranteed capital and returns are like the first step in the investment journey that one needs to take. If you consider too many things you will be reluctant to take action. It’s true inflation is high, the naira value is down, you are not earning enough, plenty of expenses, bad economy etc yet it will be worse if you decide not to make any move and invest. Even the bible says “…he that considers the winds will not sow”… and if you don’t sow nothing to reap.

Imagine if you took that step to invest just 10,000 since January at close to 20% rate, about 2,000 would have been added to the 10,000 even while you are sleeping.
No matter how little, start now and you will find it easier to invest going forward.

Take the baby step now and other steps will be much easier.

Still wondering how to start, reach out to me for a guide.

emmasoft:
Take The First and The Hardest Step to Wealth the Rest of the Steps Will Be Easier

There is always joy in the hearts of parents when they see their baby take the very first step. In some cultures, it’s a big celebration especially if the child is the firstborn. Sometimes a remarkable thing is done that day e,g planting a fruit tree to commemorate the day of the first step.
The first step is celebrated because it was difficult and much effort was put in, it’s seen as an achievement and will lead to other steps which may eventually lead to even walking fast or running.
The first step is difficult because many considerations are made – fear of falling, not sure I can, not used to it, and many others.

Most times investment is like taking the first step, it seems difficult but it has to be taken if you must make more steps in life. One thing with the first step is that it’s somehow uncertain and full of doubts but it’s a breakthrough once it’s made.
Are you still struggling with the first step in investment? don’t be afraid just take it you don’t have to walk fast or run, it’s just a short pace or little movement but don’t wait further take it.

You have just some thousands of naira, don’t wait till it’s millions take the first step and invest in MMF, leave the more complicated form of investment for now and start, as you continue taking the baby steps in investment, you will get more confidence and have stability just like the baby that turns to an adult.

MMF and other short debt instruments with guaranteed capital and returns are like the first step in the investment journey that one needs to take. If you consider too many things you will be reluctant to take action. It’s true inflation is high, the naira value is down, you are not earning enough, plenty of expenses, bad economy etc yet it will be worse if you decide not to make any move and invest. Even the bible says “…he that considers the winds will not sow”… and if you don’t sow nothing to reap.

Imagine if you took that step to invest just 10,000 since January at close to 20% rate, about 2,000 would have been added to the 10,000 even while you are sleeping.
No matter how little, start now and you will find it easier to invest going forward.

Take the baby step now and other steps will be much easier.

Still wondering how to start, reach out to me for a guide.

Please do not be angry, my sister got her e account today in the mail but there was a mistake in one of her names. Will that affect her when redeeming

emmasoft:
There is a reason why MMF is called low risk investment.

Why is it called low risk investment.

emmasoft:
Ok. You are welcome on board. When placing a trade, if you pick market price, it means you are buying the stock at any available price in the market you are most likely to buy at the highest offer price, on the other hand picking limit option enables you to choose your own price you feel the stock is worth in that case your order can only be fill at that price or lower. However the price you pick must be within +10% or - 10% of the opening price.

If you don't mind, chat me up so that we can do the trading together during market session by Monday or any trading day. I'm sure after about two tradings you will understand better.
By the way it's commendable you already have your investment objective. It's a good way to start stock investment.

You can also visit the stock thread to learn from others.

I will like to see how the trading is done pls. How can i reach you?

emmasoft:
I will answer you here for this, but please ask questions like this on the stock thread so that we don't derail the mutual funds thread.

You will need to demat the certificates so that the holdings will be deposited into your cscs account. The first point of call is the office of your stockbroker with the physical certificates to begin the process.

Chat me up if you need further clarification

PLS CAN YOU TAG THE STOCK THREAD HERE

Mrajah231:
Please do not be angry, my sister got her e account today in the mail but there was a mistake in one of her names. Will that affect her when redeeming

Name arrangement is very important when transactions involves cash.

I will advice that your sister should send a mail to customer care, point them to the mistake and ask for the name to be corrected.

They will most likely reply with a form called account update form, she completes it, attach an ID card bearing the correct names, with this, they will effect the change.

However, let her continue to fund her account.
For redemption, it depends on the name that is affected but don't wait for the time of redemption.

Solution101:
I will like to see how the trading is done pls. How can i reach you?

My phone number is on my signature, call/chat me up. I will take care of all your questions.

emmasoft:
My phone number is on my signature, call/chat me up. I will take care of all your questions.

Do you get interest for Saturday and Sunday? For mmf

No and also on public holidays

toby4ever:
Do you get interest for Saturday and Sunday? For mmf

Yes, and including public holidays. However, the interest will be posted/reflected on the next business day.

Watch this video before you invest in Stanbic dollar fund:
https://www.youtube.com/watch?v=EPmdLk1o0wU

emmasoft:
N5,000.
Remember to click the first link on my signature to open Stanbic MMF account, but you don't need cash to open an account.

I am being told to put in money first before I can get login details. Now my question is how will I know the money has entered the account when I can't see it on a dashboard?

Edit:: my login details was eventually sent last night. Thank you

Please, what does recurring debits mean under the save option?

Also can I transfer the fund from any bank( UBA in particular) to the e account. Because in the video tutorial. It is only standard ibtc that was emphasized

Why the stress of $100 starting fund in Stanbic IBTC Dollar Fund,bank queue,long documentation and long formality, when you can start with just $10 using Cowrywise platform to assess the Stanbic IBTC Dollar Fund with ease and convinces. Check my signature on Cowrywise below.👇

Stanbic IBTC Dollar Fund aims to provide currency diversification, income generation and stable growth in USD. It invests in a mix of Eurobonds, short-term USD deposits and USD equities.
Risk Level
Moderate
Custodian
Standard Chartered...
Fund Size
$ 432.4M
Returns Payment
Capital Appreciation
Fund Composition
Fixed Income: 30%
FGN Eurobonds: 41%
Corporate Eurobonds: 29%

Ukayo:
I am being told to put in money first before I can get login details. Now my question is how will I know the money has entered the account when I can't see it on a dashboard?

Edit:: my login details was eventually sent last night. Thank you

Please, what does recurring debits mean under the save option?

Also can I transfer the fund from any bank( UBA in particular) to the e account. Because in the video tutorial. It is only standard ibtc that was emphasized

@Ukayo, Thanks for your feedback.
Recurring debit is an arrangement you can make with your bank to invest a specified amount in your MMF account on a particular date.
You can transfer funds from any of your bank accounts to your MMF account.

Please note that your e-account is not a bank account as such, you can't transfer money directly into it. rather you transfer any amount you wish to invest at any given time into the UBA collection account sent to you when your MMF account was opened. You only make sure your e-account is used as the narration/description anytime you transfer money to the UBA account.

You are safe ,if it's Cowrywise 👍. Check my signature to invest in US stocks too on Bamboo ❤️

shegoon:
Hello house! I'm presently with cowrywise investment portfolio MMF with 20.84% rate. Hope I'm safe