₦airaland Forum

Alaska90:
Please where did you get this update? What I am seeing now on the GT app is different from what you posted.

That update is as at 23rd so its no longer current.

No

Smattrader:
Is it all equity as a basket ?

Alaska90:
Please where did you get this update? What I am seeing now on the GT app is different from what you posted.

GTB sent it to me

What's there apps to register from?

Niiade:
GTB sent it to me

chigozie69:
What's there apps to register from?

I don't understand what you typed. If you are referencing where to get the GTBank investing app, they don't have one that I know about. You can check the Play Store or App Store depending on which you use.

Their bank app is also their investment app.
Also, the rates posted are gross rates (charges inclusive)

chigozie69:
What's there apps to register from?

Smattrader:
This looks interesting and welcoming. Please, how can you rate their green days to their red days?

Regards.

It's been mostly green days since I funded. Fund has been doing very well.

EquityM:
CS is over the moon; I've left them and am currently using Zrosk, Zenith ESG, and Zenith Balanced Fund, and I added Paramount today.

Please when is the best time to top up equity market fund to avoid getting a negative value?

I started my Equity journey with CS on friday last week, credited my account by past 2. Although i didnt particapate in the gains of the day, but i got an extra 5k on top of my capital when it reflected.

froshroy:
Please when is the best time to top up equity market fund to avoid getting a negative value?

Uberchic1:
Yeah, Afrinvest even did green. Waiting for Paramount and zedcrest.

How do u see the green in afrinvest?

Paramount is green today, as my top-up yesterday has been updated.

Zenith ESG and balanced fund: No update yet.

Gratefulme:
How do u see the green in afrinvest?

I do Afrinvest equity fund on the cowrywise app only. In cowrywise, the % gains of each fund is always in green. When it's a loss, it's red and the arrow head points down.

Uberchic1:
I do Afrinvest equity fund on the cowrywise app only. In cowrywise, the % gains of each fund is always in green. When it's a loss, it's red and the arrow head points down.

Oh I see. I use the plutusneo app. Thanks

EquityM:
Paramount is green today, as my top-up yesterday has been updated.

Zenith ESG and balanced fund: No update yet.

Tried signing up for Paramount they are asking for location access to my house, I don’t understand why because I am currently out of town for burial and it might take a few weeks before I go back. I wan rest for village

You can skip that part, and when you are back home, you can try it again. However, you will be in level 2 until you verify the house thing.

Niiade:
Tried signing up for Paramount they are asking for location access to my house, I don’t understand why because I am currently out of town for burial and it might take a few weeks before I go back. I wan rest for village

EquityM:
You can skip that part, and when you are back home, you can try it again. However, you will be in level 2 until you verify the house thing.

Quick question, it seems you convert to invest, if you need to use your funds in dollars. How do you get that and in good value for dollars?

I'm currently working in Asia, and I am also running the local account here. I don't use dollars here, as they are of no use and worthless here; however, I use Western Union or Wise to transfer money to my Nigerian account, and this only brings me back to the USD rate when converting to naira. If the USD keeps falling, I always get an unfavorable rate.

Niiade:
Quick question, it seems you convert to invest, if you need to use your funds in dollars. How do you get that and in good value for dollars?

Maybe, fingers crossed.

Bluearrow:
That means there is likely to be a drop on this current already low Stanbic interest rate? Abeg oh
I was even thinking to consider mmf later this year, but with this possibility of interest rate reduction, that makes it a no go area for me.

EquityM:
I'm currently working in Asia, and I am also running the local account here. I don't use dollars here, as they are of no use and worthless here; however, I use Western Union or Wise to transfer money to my Nigerian account, and this only brings me back to the USD rate when converting to naira. If the USD keeps falling, I always get an unfavorable rate.

Oh okay, I was wondering what the value of this investment will be except you intend to use naira or come back to Nigeria. Because if the rates become too unfavourable then all those gains might become losses long term.

But the again black tax dey lol

Niiade:
Tried signing up for Paramount they are asking for location access to my house, I don’t understand why because I am currently out of town for burial and it might take a few weeks before I go back. I wan rest for village

I found the experience crazy, them trying to locate my address and home on the map but well...

Secondly, I don't know what's wrong with them, telling me that my SCSC pr CHN number isn't correct even though it is.

Smattrader:
I found the experience crazy, them trying to locate my address and home on the map but well...

Secondly, I don't know what's wrong with them, telling me that my SCSC pr CHN number isn't correct even though it is.

Yeah they told me the same thing also in regards to that so I didn’t bother. I will delete the app when and get back to it later

That's why equity funds come into play; once I reach 60-70M capital, I will stop and then go on vacations around Asia. **Black tax** is normal; however, any heavy demanding, my number is always blocked throughout the year.

Niiade:
Oh okay, I was wondering what the value of this investment will be except if you intend to use naira or come back to Nigeria. Because if the rates become too unfavourable then all those gains might become losses long term.

But the again black tax dey lol

EquityM:
That's why equity funds come into play; once I reach 60-70M capital, I will stop and then go on vacations around Asia. **Black tax** is normal; however, any heavy demanding, my number is always on blocked throughout the year.

Lmao na real on block lmao

The CSCS and CHN are for trading stuff; you don't need that for the equity fund. The address stuff is archaic; you can ignore it, and you will be in level 2. Furthermore, LV3, you can only withdraw 1m maximum. I don't have any intention to invest aggressively in it, I'll just play around.

Smattrader:
I found the experience crazy, them trying to locate my address and home on the map, but well...

Secondly, I don't know what's wrong with them, telling me that my SCSC pr CHN number isn't correct even though it is.

Niiade:
my 5 million and above people, the time don show.

Does this mean the minimum subscription for Zrosk is 5m ?

Yup.

mhoreh:
Does this mean the minimum subscription for Zrosk is 5m ?

EquityM:
Yup.

This one na big man equity ooo 😀😀😀😀, let me look elsewhere then

Maybe by May I can come back

Please what’s their holding period ?

They don't have a holding period; try Zedcrest or Paramount.

mhoreh:
This one na big man equity ooo 😀😀😀😀, let me look elsewhere then

Maybe by May I can come back

Please what’s their holding period ?

Pls my people,has anyone tried this Risevest investment plan?

This plan looks as if it's better than chasing 15 to 18% on money market mutual funds, besides it's stable and comes with fund preservation plan like MMF,

In conclusion, risevest is now officially approved and licensed by SEC.

EquityM:
They don't have a holding period; try Zedcrest or Paramount.

Already on Zedcrest, please what’s the app for paramount ?

ezegold4we:
Pls my people,has anyone tried this Risevest investment plan?

This plan looks as if it's better than chasing 15 to 18% on money market mutual funds, besides it's stable and comes with fund preservation plan like MMF,

In conclusion, risevest is now officially approved and licensed by SEC.

Been using Risevest Naira Vault for at least 2 years now without issues. It's why I was initially surprised when I first joined the MMF thread and realised there's was little to no mention of it.

I think skepticism about SEC licencing is what led people to be skeptical which quite frankly makes sense. Still using them till today and in my opinion worth considering. This obviously isn't an endorsement as I expect that you do your due diligence, I'm just sharing my experience.

ezegold4we:
Pls my people,has anyone tried this Risevest investment plan?

This plan looks as if it's better than chasing 15 to 18% on money market mutual funds, besides it's stable and comes with fund preservation plan like MMF,

In conclusion, risevest is now officially approved and licensed by SEC.

And oh, it's not 25% as indicated, more like 22% now. It was 25% for sometime last year but got reviewed downwards as the CBN reduced rates.