₦airaland Forum

Please guys I need a good investment plan with a good ROI over a year or more......

Gotocourt:
My NIN address is a different state, abi lemme just upload 🤔. My driver's license carries my present address

It doesn't matter.
What they need is you DOB and name in the correct sequence.

Gotocourt:
Can I upload drivers license instead of utility bill because of address?

They are not the same. Utility confirms where you live.
Drivers license, NIN or other forms of ID is to confirm your names and DOB.

isholapeter9:
Please guys I need a good investment plan with a good ROI over a year or more......

What is a good investment to you?
What is a good ROI to you?


This differs from people to people.

I've been trying to login to static IBTC asset blunest but ain't connecting

emmasoft:
@heavenisreal18, I advise you to read some earlier pages of this thread; most of your questions will be answered while reading through. It will also help you actually know how MMF works. This is very important so that you will always be well guided.

That being said, MMF is not tenor-based like Tbills or fixed deposit. It's the investor that determines the tenor, ie, your money is in the investment as long as you wish, it can be as short as 30 days or as long as you live.

However, there is a 30-day minimum holding period within which, if you make a withdrawal, you will pay a penalty of 20% of the accrued interest on the amount you are withdrawing; otherwise, you are free to withdraw without any penalty after 30 days.

All funds in and out of your MMF account must be intiated by the investor except if you pick reinvestment of interest then your interest is reinvested automatically, if you pick interest pay out, the interest will also be paid automatically into your bank account at the end of each quarter, outside this, investors must instruct for whatever action to be carried out on your account.

A lot of them are lazy to read through. Have once suggested just asking they go through previous pages whenever they ask questions we know has been answered already BUT at end of the day, I kinda understand the new comers need not be discouraged.
They're even lucky they have people willing to assist. Most of us weren't this lucky.

Gotocourt:
I've been trying to login to static IBTC asset blunest but ain't connecting

it's kinda general. This their issue is becoming somewhat regular

Hello and good morning everyone

Please can someone kindly let me know how long it takes a mutual fund account to be opened with first quest. I filled the online form and I am yet to get a response from them.

Thanks for this educative thread
God bless you all
Amen

bassdow:
it's kinda general. This their issue is becoming somewhat regular

Good morning, am having difficulties understanding stabicibtcasset blunest website.
I credited 5k on Saturday 16th and didn't see the fund reflect on account but understood it's weekend. I logged in this morning but didn't see any investment growth. I clicked on naira mutual funds investment and was sent a mail Eaccount ID
C-0023****
Amount
5000.
I credited 1k this morning to observe further more. My cowrywise mutual funds investment I credited has grown and understanding their website is far easier.
I need a guide on how to go about before investing a lump sum 🙏

isholapeter9:
Please guys I need a good investment plan with a good ROI over a year or more......

You are on a mutual fund thread, so you have your answer being on this thread.

If you don't like it here, look for the Treasury bill thread or Stock market thread here on Nairaland via Google search.

After comparing investments options of all threads aforementioned plus this mutual funds thread, you should be equipped with knowledge to make a decision.

Gotocourt:
Good morning, am having difficulties understanding stabicibtcasset blunest website.
I credited 5k on Saturday 16th and didn't see the fund reflect on account but understood it's weekend. I logged in this morning but didn't see any investment growth. I clicked on naira mutual funds investment and was sent a mail Eaccount ID
C-0023****
Amount
5000.
I credited 1k this morning to observe further more. My cowrywise mutual funds investment I credited has grown and understanding their website is far easier.
I need a guide on how to go about before investing a lump sum 🙏

well if the payment reflected on a Monday, let's hope it starts giving birth on Tuesday though I understand you expected it to have started on Monday BUT since it didn't, should be Tuesday.

Probably because the Monday it reflected on, depending on the time, is less than 24-hours

Hello my fellow investors,
I have been on this MMF for over 8yrs, today, I decided to taste Stanbic Equity Fund since this new App makes easy to navigate to other options.
I paid #10k this morning but what shows on the display is #9,856. It became a surprise to me.

Please, expert in the house, is it how easy it is to lose money here or is there something I didn't do right?
Expecting more insight

I invested #10,000 each in all the remaining 7 other investments on the app, just to test it out except MMF . I have lost approximately #1000 on about 4 of them. My account in reading #9 thousands something on the different investments. Na only like 2 that has gone beyond the #10,000 I invested. The others na just losses upon losses. But I go leave am like that for now instead of pulling out the funds

ytdivine:
Hello my fellow investors,
I have been on this MMF for over 8yrs, today, I decided to taste Stanbic Equity Fund since this new App makes easy to navigate to other options.
I paid #10k this morning but what shows on the display is #9,856. It became a surprise to me.

Please, expert in the house, is it how easy it is to lose money here or is there something I didn't do right?
Expecting more insight

princezzz:
I invested #10,000 each in all the remaining 7 other investments on the app, just to test it out except MMF . I have lost approximately #1000 on about 4 of them. My account in reading #9 thousands something on the different investments. Na only like 2 that has gone beyond the #10,000 I invested. The others na just losses upon losses. But I go leave am like that for now instead of pulling out the funds

Please can you state the two that have given you positive results

princezzz:
I invested #10,000 each in all the remaining 7 other investments on the app, just to test it out except MMF . I have lost approximately #1000 on about 4 of them. My account in reading #9 thousands something on the different investments. Na only like 2 that has gone beyond the #10,000 I invested. The others na just losses upon losses. But I go leave am like that for now instead of pulling out the funds

Some of those investments are on equities which are volatile, the interest might be high but the risk is much and there are no preservation of capital like MMF. For example, some stocks are gradually going down, hence would affect any investment on such stock

ytdivine:
Hello my fellow investors,
I have been on this MMF for over 8yrs, today, I decided to taste Stanbic Equity Fund since this new App makes easy to navigate to other options.
I paid #10k this morning but what shows on the display is #9,856. It became a surprise to me.

Please, expert in the house, is it how easy it is to lose money here or is there something I didn't do right?
Expecting more insight

Equity investment is a high risk, high reward investment. Disregard the current loss as it's a long term investment. You might wake up next week and that 10k could probably turn 30k.

You should have done your research before investing but It's clear you decided to test the waters with little amount.

Equity investment is you playing a long game; it isn't as low risk as MMF as you are liable to loose your CAPITAL.

princezzz:
I invested #10,000 each in all the remaining 7 other investments on the app, just to test it out except MMF . I have lost approximately #1000 on about 4 of them. My account in reading #9 thousands something on the different investments. Na only like 2 that has gone beyond the #10,000 I invested. The others na just losses upon losses. But I go leave am like that for now instead of pulling out the funds

what you did wasn't wise at all. You don't invest blindly. You need be sure (at least to some extent) you have idea of what you're doing.

What you doing is nothing but Gambling which ain't right

bassdow:
what you did wasn't wise at all. You don't invest blindly. You need be sure (at least to some extent) you have idea of what you're doing.

What you doing is nothing but Gambling which ain't right

Make una free the guy na...lol, he was just testing the waters

Someone is simply learning yet you tagged it "unwise" decision...... That choice of word is out of place

bassdow:
what you did wasn't wise at all. You don't invest blindly. You need be sure (at least to some extent) you have idea of what you're doing.

What you doing is nothing but Gambling which ain't right

I invested 10K in each on the 6th of August. At the moment, For Stanbic IBTC Shariah Fixed Income Fund, i have #10,036. For Stanbic IBTC Balanced Fund, i have #9,560. For Stanbic IBTC Enhanced Short Term Fixed Income Fund, i have #10,060. For Stanbic IBTC Guaranteed Investment Fund, I have #9,919. For Stanbic IBTC Ethical Fund, i have #9,463. For Stanbic IBTC Nigerian Equity Fund, i have #9,471. My intention was to create a spread sheet to monitor the fluctuations, both for the interest and losses made. But i got distracted and couldn't. I was trying to see if i could diversify away from just MMF with my findings.

ytdivine:
Please can you state the two that have given you positive results

i Intentionally put away #60,000 for this research, hoping to gain more knowledge on how it works, as i already know what i am to earn with MMF based on the percentage for the day. No one here talks about the other 7 investment funds, just MMF. So that is why a little amount of money was sacrificed. It is how risk works. Therefore you are somehow right and somehow wrong when you say the investment was done blindly. I did it blindly because i know nothing about it, also done because i want to see how it works

bassdow:
what you did wasn't wise at all. You don't invest blindly. You need be sure (at least to some extent) you have idea of what you're doing.

What you doing is nothing but Gambling which ain't right

I am a gal just testing the waters😏😏

nickae:
Make una free the guy na...lol, he was just testing the waters

princezzz:
i Intentionally put away #60,000 for this research, hoping to gain more knowledge on how it works, as i already know what i am to earn with MMF based on the percentage for the day. No one here talks about the other 7 investment funds, just MMF. So that is why a little amount of money was sacrificed. It is how risk works. Therefore you are somehow right and somehow wrong when you say the investment was done blindly. I did it blindly because i know nothing about it, also done because i want to see how it works

Did 20-30k a while bk on about 4 of them also for knowledge purposes too. All but one went down. My account manager called to ask me to close all the rest.

Fact is that where equities are involved, there is lot of volatility. It may go up or down. In the long run, it's usually fine in the long run.

Preator:
Did 20-30k a while bk on about 4 of them also for knowledge purposes too. All but one went down. My account manager called to ask me to close all the rest.

Fact is that where equities are involved, there is lot of volatility. It may go up or down. In the long run, it's usually fine in the long run.

That was how I kept 50k in ARM Aggressive Fund some time in 2008 (10th April 2008 to be precise). At some point around August, 2011 the fund has gone down to N27,907.74. Fast forward to 2021 around December, I noticed the fund was a little bit above 51,000. I just sharply withdrawn my 50k leaving the 1k+ in there. Currently the balance on it is ₦3,466.70. You could imagine if I kept my 50k in MMF since 2011. So those risk are not what I'm willing to take any longer

_____

princezzz:
I invested #10,000 each in all the remaining 7 other investments on the app, just to test it out except MMF . I have lost approximately #1000 on about 4 of them. My account in reading #9 thousands something on the different investments. Na only like 2 that has gone beyond the #10,000 I invested. The others na just losses upon losses. But I go leave am like that for now instead of pulling out the funds

I understand what you are trying to do. This is not the best way to see how an investment works; the best thing is to read about it, ask those who have been involved, and then start with what you understand most. Even if everything goes well, as in non depreciated, you will still be ignorant of the investment because you will not know the reason for the outcome. When it comes to investment, know the principles that govern them, and you will be able to invest properly.

If you read about mutual funds, for instance, it will be clear to you that it's the underlying assets that determine how a mutual fund works and the level of risk involved.

Let's be well guided.

You have to learn to earn. The best way is to learn by observation, not from experience, because one may not be there after the experience to use the lesson learnt. In 2008/2009, many who had a bad experience in trying to learn how stock investment works are yet to recover till today; many are no more.

I understand what you have written. Like I also wrote somewhere,I understand how the Money market fund works because that is majorly what we have been talking about here. It has been made so simple. I put 1 Naira, I get 15- 22% interest depending on what is on board for each day. And that is because of where the money is being invested in. The others are not that simple. I will watch the other funds till the end of the year, pack my losses, gains and lessons. All of them carry risk, both low,mid or high.I am aware, it is in the name "risk". Make person no follow me oo,na my choice. Please stick to the usual MMf, treasury bill, federal government bonds and the likes of them, Capital and interest is guaranteed.

emmasoft:
I understand what you are trying to do. This is not the best way to see how an investment works; the best thing is to read about it, ask those who have been involved, and then start with what you understand most. Even if everything goes well, as in non depreciated, you will still be ignorant of the investment because you will not know the reason for the outcome. When it comes to investment, know the principles that govern them, and you will be able to invest properly.

If you read about mutual funds, for instance, it will be clear to you that it's the underlying assets that determine how a mutual fund works and the level of risk involved.

Let's be well guided.

You have to learn to earn. The best way is to learn by observation, not from experience, because one may not be there after the experience to use the lesson learnt. In 2008/2009, many who had a bad experience in trying to learn how stock investment works are yet to recover till today; many are no more.

FRANKLYex:
That was how I kept 50k in ARM Aggressive Fund some time in 2008 (10th April 2008 to be precise). At some point around August, 2011 the fund has gone down to N27,907.74. Fast forward to 2021 around December, I noticed the fund was a little bit above 51,000. I just sharply withdrawn my 50k leaving the 1k+ in there. Currently the balance on it is ₦3,466.70. You could imagine if I kept my 50k in MMF since 2011. So those risk are not what I'm willing to take any longer

...and you forgot the 50,000 naira you withdrew, wasn't up to the 50,000 naira you originally invested all thanks to Naira devaluations + inflations

princezzz:
i Intentionally put away #60,000 for this research, hoping to gain more knowledge on how it works, as i already know what i am to earn with MMF based on the percentage for the day. No one here talks about the other 7 investment funds, just MMF. So that is why a little amount of money was sacrificed. It is how risk works. Therefore you are somehow right and somehow wrong when you say the investment was done blindly. I did it blindly because i know nothing about it, also done because i want to see how it works

Even if things turns out good for you, wouldn't mean you're on the right track. It's like a software engineer or a mechanic who while fiddling with a faulty code / engine, accidentally fixed it; despite not know what actually He/Her did. Such person shouldn't just be glad it now works because it could go bad any moment and you wouldn't have the slightest idea on what to do.

As for why we rarely speak of other in here, it's because this thread is more of an introductory path to investment hence it needs be as safe and secure as possible in other not to discourage potential wouldBe investors.

INVEST because it's the money you invested out of the money you make that is yours, the rest belongs to those who gives you goods and services.

bassdow:
...and you forgot the 50,000 naira you withdrew, wasn't up to the 50,000 naira you originally invested all thanks to Naira devaluations + inflations

I am very well aware of that, but at least I counted my loses and moved on

bassdow:
Even if things turns out good for you, wouldn't mean you're on the right track. It's like a software engineer or a mechanic who while fiddling with a faulty code / engine, accidentally fixed it; despite not know what actually He/Her did. Such person shouldn't just be glad it now works because it could go bad any moment and you wouldn't have the slightest idea on what to do.

As for why we rarely speak of other in here, it's because this thread is more of an introductory path to investment hence it needs be as safe and secure as possible in other not to discourage potential wouldBe investors.

So if one wants to invest in equity fund, is it not to get a stockbroker or use all these asset management firms?

She said she understands how it works..she said she saw it was high risk and she put her money. It's not that she will now sit and be monitoring all day which stock will go up or down that I will buy. That's the work of a stockbroker or asset managers. I think there is nothing bad in what she did. If it turns good or bad, she knew the risk before going in. Instead of blaming her, it's stanbic you should blame that why did they invest in the stocks when they know it will become bearish. She as an investor didn't know which stock they bought.