₦airaland Forum

Grupo:
Good morning, my people.

Please I sent a mail to stanbic to invest in treasury bills like I used to do in the past.

They sent me this link - https://treasurybillsqsp.stanbicibtc.com/#/investment.

Please has anyone invested via that link before and how was the experience?

Please I need opinions.

goodandkind:
I received this link from Stanbic IBTC Bank: https://treasurybillsqsp.stanbicibtc.com/
Someone had posted the link here, but I contacted the bank to be sure I had the correct link. I have invested in the secondary market, but the investments have not yet matured. I found the process to be easy.

Grupo:
So you invested via the link, right?

goodandkind:
Yes. You will be prompted to fill in your account number after which an OTP will be sent to your registered phone and email address to continue.

goodandkind:
Yes. You will be prompted to fill in your account number after which an OTP will be sent to your registered phone and email address to continue.

kristien4:
yeah, the rate decline is something else, i just hope it goes up a little before year end

hizzylife:
Must the account be Stanbic IBTC account number?

goodandkind:
Yes. You will be prompted to fill in your account number after which an OTP will be sent to your registered phone and email address to continue.

Grupo:
Good morning, my people.

Please I sent a mail to stanbic to invest in treasury bills like I used to do in the past.

They sent me this link - https://treasurybillsqsp.stanbicibtc.com/#/investment.

Please has anyone invested via that link before and how was the experience?


I've been using that link, n it's been smooth..


Please I need opinions.

PharoahIII:
This one wen naira dey gain anyhow, I dey fear today's TB rate , e go bloody

PharoahIII:
Any auction today, if yes abeg make una post result abeg

bisiswag:
Good afternoon house. Please I need guidiance on eurobonds investment and usd mutual funds Please. Thank you all

bisiswag:
Anyone please?

emmasoft:
INDEPENDENCE IN INVESTMENT

I - invest intelligently. Don't just follow what they say

N- Negotiate for a good and reasonable rate when applicable, and don't forget that rate is not everything. Safety of funds first.

D - Depend on available and accurate data to avoid wrong assumptions and investment moves.

E - Evaluate available investment options in compliance with your risk tolerance.

P - Patronize government/sec-controlled firms and products, not Ponzi schemes.

E - Evaluate your portfolio to align with the current economic realities

N - Navigate the investment arena with caution. Not all investment windows are profitable at a given time. choose wisely.

D - Determination, being deliberate and intentional, is needed when it comes to investment. It's not wishful thinking and guesswork.

E - Enlarged portfolio doesn't translate to gains; the content of the portfolio matters a lot. Prioritize quality over quantity.

N - Non-profitable investments may appear profitable on the surface until you check. Do your due diligence.

C - Clear all doubts before you venture into any investment; don't go into what you don't understand. Be convinced and let your decision be guided by accurate data.

E - Enjoy your loot or gains when you can. Investment is made for you and not you for investment.

Happy Independence Day to all Investors

ibechris:
Let me just take it that u posted this out of ignorance...investments proceed is now considered a loot. Ook ooh.

bisiswag:
Anyone please?

emmasoft:
For dollar mutual fund, Norrenberger dollar fund has the highest rate in the industry 9.26%.

You can check them out. Find the account opening form attached.

The form is for all their products, so just tick the dollar fund since that is the product you wish to invest in.

You can also be in touch.

Risingcash94:
But can't this dollar funds be done via banks?
These investment houses charge high commissions on investments which takes away the beauty of the 'high rates' that they're offering.
Plus banks seem more reliable in terms of safety of funds. Correct me if I'm wrong though.
Thanks

emmasoft:
One thing you should understand is that fund management is not part of the services rendered by MDBs.

Fund management is handled by Asset management companies sometimes they could be part of a holdco with a bank for example stanbic. whether they are in a group with a bank or not they are separate entities.

Fund managers are regulated by SEC and all they do is monitored by SEC. Whatever charges you think they charge is based on the nature of the fund and it doesn't erode your gains as you think.

Also note that your money is not safer in the bank than with the fund manager. The truth is that when you invest in a particular fund it doesn't mean your money is with them rather your funds are invested in the underlying asset based on the nature of the fund.

For example if you invest your dollars in Norrenberger dollar fund it doesn't mean your dollars are with Norrenberger, investors funds are invested in eurobonds which is the underlying asset of dollar funds irrespective of the fund manager.

Just like MMF, investors money is invested in Tbills and not with the fund manager, this is how all funds work. The money is never with the fund managers hence the use of a collection account.

Risingcash94:
Thanks for your response. I totally understand and already knew everything you explained above. My point is the amount being charged by brokerage firms for their services. For example investing in tbills via brokerage firms attracts a 10% WHT and maybe other small commissions which I have never experienced when investing via banks. The only charge I have paid so far is custody fee which is usually not high at all. But these brokerage firms actually seek 10% off your profit. Correct me if I'm wrong though.
This is why I'm asking if the dollar funds can be done via the banks directly because I haven't invested in it before. Don't even know how it works but it seems a good idea.

goodandkind:
Yes. You will be prompted to fill in your account number after which an OTP will be sent to your registered phone and email address to continue.

emmasoft:
For dollar mutual fund, Norrenberger dollar fund has the highest rate in the industry 9.26%.

You can check them out. Find the account opening form attached.

The form is for all their products, so just tick the dollar fund since that is the product you wish to invest in.

You can also be in touch.

kristien4:
Please what's the date for the next tbills primary auction?

skydiver01:
Meanwhile, FGN bond prices have been going up (reducing yields) while the Naira has also been slowly appreciating

RayRay06677:
Is naira appreciating or dollar is depreciating

RayRay06677:
Is naira appreciating or dollar is depreciating