Mutual Funds - Investment (491) - Nairaland
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| Re: Mutual Funds by Stockhunter: 4:49pm On Mar 05 |
Please keep up the good work with the updates... You are appreciated. Creditalerts: |
| Re: Mutual Funds by emmasoft(m): 5:00pm On Mar 05 |
emmasoft:Particularly for the newbies or those who wish to engage other fund managers, I have to quote this post. Please note that all the fund managers represented are SEC-registered and regulated. Let's continue to invest with knowledge and the right information for good returns. You are free to reach out to me on stocks and mutual funds matters. |
| Re: Mutual Funds by yungmin: 7:18pm On Mar 05 |
david4mex:Account name is different from bank where account is domiciled. GTfund managers still uses citi bank |
| Re: Mutual Funds by Creditalerts: 7:43pm On Mar 05 |
Preator:check am brotherly 🫂 |
| Re: Mutual Funds by Creditalerts: 7:45pm On Mar 05 |
Stockhunter:I'm highly honored, I'm here for everybody but I belong to nobody 🤑✌🏾 |
| Re: Mutual Funds by Creditalerts: 7:45pm On Mar 05 |
Think smart🤑🤑🤑
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| Re: Mutual Funds by playces: 8:15pm On Mar 05 |
| Re: Mutual Funds by Creditalerts: 8:46pm On Mar 05 |
playces:go to Google play store and download the image below
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| Re: Mutual Funds by FRANKLYex: 9:15pm On Mar 05 |
Creditalerts:Please do you have any ideal on SLT balanced Fund? I mistakenly funded it today instead of my regular MMF. Can I just initiate a withdrawal or it worth trying? |
| Re: Mutual Funds by Bluearrow: 9:21pm On Mar 05 |
FRANKLYex:I will advise u to withdraw your money to mmf if that was your original intention. I see Balanced fund as mmf that comes with loss. You are better off doing mmf or equity. |
| Re: Mutual Funds by FRANKLYex: 9:41pm On Mar 05 |
Bluearrow:Thank for your response. Do I need to worry about the lockdown period? Whatever penalty should be on the accrued interest now |
| Re: Mutual Funds by Creditalerts: 9:52pm On Mar 05 |
FRANKLYex:yes STL BALANCED FUND is also performing well but you have to wait for 90days before withdrawal to avoid penalty deduction from accrued interest but me I prefer MMF Than any other investments🤑🙂 |
| Re: Mutual Funds by Bluearrow: 10:04pm On Mar 05 |
FRANKLYex:No, lock period only affect your interest. Whatever interest u might have made will still be little. They will only take around 10% from it. So it doesn't really matter |
| Re: Mutual Funds by FRANKLYex: 10:59pm On Mar 05 |
Thank you |
| Re: Mutual Funds by ogoo4real: 12:35pm On Mar 06 |
Is anyone finding it difficult to login into Norrenberger app/website |
| Re: Mutual Funds by UncleJudax(m): 7:02pm On Mar 06 |
The Stanbic account is for the wallet funding. david4mex: |
| Re: Mutual Funds by bassdow: 8:01pm On Mar 06 |
ogoo4real:Are you aware you said nothing that could be of help to anyOne who seriously want to be of help. You ought to have shared more information and/or even include what error message you got or whatever it is you observed. Either way, atimes Norrenberge's website retains cookies such that even when you enter the correct login detail, it keeps failing. That's mostly because some stale information remains in the url. Few times I observed such, I just deleted everything from the address bar leaving just https://customerportal.norrenberger.com . That way, it resets and redirects to a more accurate slug. |
| Re: Mutual Funds by rukyboy(m): 10:30am On Mar 07 |
Thanos1000:Choose gt money market fund |
| Re: Mutual Funds by Creditalerts: 10:50am On Mar 07 |
Time to invest ruggedly because the CBN are not sure yet hence to reflect the MPC cut is still not in sight ,so many uncertainty ie election year,middle east crisis happening now☹please invest according to your risk appetite 🤑🤑🤑🕺🏾🕺🏾🕺🏾 But now Nigeria will make more money from crude I pray it reflects in the lives of the common man |
| Re: Mutual Funds by Nobody: 4:15pm On Mar 07 |
bassdow:🤣 🤣 🤣 🤣 |
| Re: Mutual Funds by Nobody: 4:26pm On Mar 07 |
Preator:On the cowrywise equity app, do you see your cash contribution in all the equity fund managers? Just asking to get more info since the merger |
| Re: Mutual Funds by Nobody: 4:32pm On Mar 07 |
bassdow:You didn't add the 15% or any % is divided by 365 days Your 15k on 100k will only be complete if fund manager does 15% for 365 days. Benefit of compounding interest would make you earn more than 15k at 365 days |
| Re: Mutual Funds by Nobody: 4:38pm On Mar 07 |
Creditalerts:Hype master ![]() |
| Re: Mutual Funds by excel127(m): 11:11pm On Mar 07 |
So Firstally withdrawal is limited to just one per day. I've never been so stranded mehn ![]() |
| Re: Mutual Funds by emmasoft(m): 2:18am On Mar 08 |
To all the women in the House Today, I celebrate all the incredible women who inspire progress every day I know you have given so much, and you will surely gain even more. Happy International Women's Day. |
| Re: Mutual Funds by Preator: 4:48am On Mar 08 |
emmasoft:Happy International Women’s Day! Today we join the world in celebrating the strength, wisdom, and resilience of women, from our mothers and sisters to the trailblazers shaping Nigeria and beyond. Let’s continue to uplift one another, break barriers, and create opportunities where every woman can shine. To all the amazing women in this forum and across our nation: we salute you! |
| Re: Mutual Funds by Coolis: 7:45am On Mar 08 |
Let's look at this analysis together please so one can make inform/better decision. Stanbic at 15% or so compound monthly. Trustbanc at 19% or so compound quarterly. Trustbanc on daily basis is producing more output but this output cannot become part of the capital at month end whereas, Stanbic is producing less output on daily basis, which become part of the capital at month end. Can we say that the difference of about 4% of daily output of trustbanc offset or cancel out whatever gain compounding of 15% of Stanbic would attract monthly before trustbanc's quarterly compounding? If you were to choose, which of the above will you go for? Thanks |
| Re: Mutual Funds by Stockhunter: 7:58am On Mar 08*. Modified: 1:18pm On Mar 08 |
Even 1 percent difference will produce better outcome to that of the monthly compunding. Have you done the calculation. Not to even talk of 4 percent difference. The difference will be huge if you have huge capital. Your monthly compunding will not even see the back. Meanwhile sometime ago emmasoft said even Stanbic only pays interest monthly but does not compound until quarterly. I stand to be corrected anyway. Abeg no compare monthly 15 percent compounding with 19percent quarterly compounding. They are not mates. Even 16 percent quarterly compounding will beat 15 percent monthly compounding by about .90 percent per annum. Coolis: |
| Re: Mutual Funds by Stockhunter: 7:59am On Mar 08 |
How many times a day were you planning to withdraw. Its money market fund o not regular bank account. Others with the application experience can explain further. excel127: |
| Re: Mutual Funds by Coolis: 8:15am On Mar 08 |
Following, thank for your input to this matter Stockhunter: |
| Re: Mutual Funds by Iamblessed8888: 8:20am On Mar 08 |
Coolis:Simple. Plug in your numbers to this calculator. Scenario 1, use monthly compounding with 15% interest rate. Scenario 2, use quarterly compounding with 19%. Let us know what you find. https://www.bankrate.com/banking/savings/compound-savings-calculator/ |
| Re: Mutual Funds by Smattrader: 8:51am On Mar 08 |
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