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Mutual Funds - Investment (507) - Nairaland

Nairaland ForumNairaland GeneralInvestmentMutual Funds (1511815 Views)

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Re: Mutual Funds by Iamblessed8888:
bassdow:
Abeg who can interprete this

https://www.nairaland.com/8645732/ngx-regco-imposes-219.29-million

NGX Regulation Limited, the regulating body of the Nigerian Exchange Group (NGX Group) has imposed a sum of N291. 29 million sanctions on CSL Stockbrokers Limited, Cowry Securities Limited, Meristem Stockbrokers Limited, SMADAC Securities Limited and Associated Asset Managers Limited over stock market infractions.
Here.

High rate hunters and risk is thesame people, take note

Cc Sky404.
Re: Mutual Funds by Bluearrow: 9:51am On Apr 01
Iamblessed8888:
Here.
High rate hunters and risk is thesame people, take note

Cc Sky404.
This your incessant campaign on this thread against fund managers with high rate doesn't make u different from the creditalert guy. How is people putting their money in fund managers with high interest rate your business? The list of the fund managers sanctioned by ngx don't even have high rate for mmf. This has more to do with stocks trading rather than money market fund. At times I do question the age of some people here, this thread is suppose to have mature discussions, but often times we have supposed adults behaving more childish than teenagers in sports betting thread.
Re: Mutual Funds by Creditalerts: 10:05am On Apr 01
Bluearrow:
This your incessant campaign on this thread against fund managers with high rate doesn't make u different from the creditalert guy. How is people putting their money in fund managers with high interest rate your business? The list of the fund managers sanctioned by ngx don't even have high rate for mmf. This has more to do with stocks trading rather than money market fund. At times I do question the age of some people here, this thread is suppose to have mature discussions, but often times we have supposed adults behaving more childish than teenagers in sports betting thread.
@bolded thanks for the mention but I think I must clear your ignorance on certain issues, I'm not here to direct anyone on how to invest or use their money but my interest is PRACTICE WHAT YOU PREACH ie don't say B and later say Z,I hope u get the point .mannerism should be applied before u write.

Thank you all for your attention on this matter.
Re: Mutual Funds by excel127(m): 10:42am On Apr 01
Iamblessed8888:
Sky404 i guess we shall be reading these kinda lamentations from you soon.Good luck
Just got paid out. We good
Re: Mutual Funds by Creditalerts: 12:06pm On Apr 01
excel127:
Just got paid out. We good
so sweet and swift 🤑🤑🤑🤑 FirstAlly have delivered like Hebrew women this quarter🤑🤑 MMF IS SWEET
Re: Mutual Funds by swiperthefox: 1:02pm On Apr 01
Iamblessed8888:
This is the reason why some of us stick with good old stanbic. The fund manager that does not know weekends or public hols. Their fund managers dont even sleep because 12am automatically gbam, huge alert.

Meanwhile the likes of STL and trustbanc, they credit you as the spirit leads. It get to a point you even stop tracking. You just leave them for God 😂😂. Didn’t know GTB is like that too

For first ally, they let you log in as the spirit leads. Every day you have to reset username and password. Una dey try sha
Please can you advise me on the process to open a mutual fund with Stanbic. Do you have the fund manager email/customer support number? I am trying to open a mutual fund account with them based on your review. What is their rate. Thank you.
Re: Mutual Funds by Iamblessed8888: 1:29pm On Apr 01
swiperthefox:
Please can you advise me on the process to open a mutual fund with Stanbic. Do you have the fund manager email/customer support number? I am trying to open a mutual fund account with them based on your review. What is their rate. Thank you.
Very good decision.

Bassdow drop code.

Hang on for the person mentioned to reply.

Going forward; try your best to do your own research. I can answer all your questions but there’s a price to be paid. The price is that you run the risk of being held capitve by my own narrative which may be true for me but not true for you. Welcome to the giant fund manager with 1 trillion market cap
Re: Mutual Funds by swiperthefox: 1:44pm On Apr 01
Iamblessed8888:
Very good decision.

Bassdow drop code.

Hang on for the person mentioned to reply.

Going forward; try your best to do your own research. I can answer all your questions but there’s a price to be paid. The price is that you run the risk of being held capitve by my own narrative which may be true for me but not true for you. Welcome to the giant fund manager with 1 trillion market cap
Please feel free. I am willing to listen to whatever insight you have. Thank you for replying.
Re: Mutual Funds by bassdow: 2:21pm On Apr 01
swiperthefox:
Please can you advise me on the process to open a mutual fund with Stanbic. Do you have the fund manager email/customer support number? I am trying to open a mutual fund account with them based on your review. What is their rate. Thank you.
Current rate is 15.60%

You see the current rates for any of the funds on this page https://www.stanbicibtcfundsmanagement.com/invest-now-l8yyj3l8
Re: Mutual Funds by bassdow: 2:47pm On Apr 01
swiperthefox:
Please can you advise me on the process to open a mutual fund with Stanbic. Do you have the fund manager email/customer support number? I am trying to open a mutual fund account with them based on your review. What is their rate. Thank you.
Customer Support: 0201 280 5595 (Available only on business days between hours of 8:30am to 3:59pm)
Re: Mutual Funds by Creditalerts: 4:23pm On Apr 01
let your money work for you don't play 🤑🤑🤑

FirstAlly MMF paid out accrued interest today others will follow suit, any MMF giving you 15 percent in this chronic inflation period don't accept is a bad deal .

Re: Mutual Funds by suckprick: 4:55pm On Apr 01
Creditalerts:
let your money work for you don't play 🤑🤑🤑

FirstAlly MMF paid out accrued interest today others will follow suit, any MMF giving you 15 percent in this chronic inflation period don't accept is a bad deal .
To be honest, this trustbanc has been great this yr. Their consistentcy is top notch. They have given me a lot of smiles so far. I just never get mind move my bulk funds out of stanbic yet. Trustbanc is doing very well 💯.

Re: Mutual Funds by temi4fash(m): 5:03pm On Apr 01
Creditalerts:
let your money work for you don't play 🤑🤑🤑

FirstAlly MMF paid out accrued interest today others will follow suit, any MMF giving you 15 percent in this chronic inflation period don't accept is a bad deal .
I didnt see any alert o..

I was thinking they would have added it to the principal now?
Re: Mutual Funds by Creditalerts: 5:07pm On Apr 01
temi4fash:
I didnt see any alert o..

I was thinking they would have added it to the principal now?
on your dashboard click on the refresh button, marked on screenshot below.

Re: Mutual Funds by Creditalerts: 5:11pm On Apr 01
suckprick:
To be honest, this trustbanc has been great this yr. Their consistentcy is top notch. They have given me a lot of smiles so far. I just never get mind move my bulk funds out of stanbic yet. Trustbanc is doing very well 💯.
you can say that again,it is good you are happy and everyone is happy 😊let's win together 🤑🤑the aim is to defeat poverty ✌🏾
Re: Mutual Funds by Iamblessed8888: 5:15pm On Apr 01
suckprick:
To be honest, this trustbanc has been great this yr. Their consistentcy is top notch. They have given me a lot of smiles so far. I just never get mind move my bulk funds out of stanbic yet. Trustbanc is doing very well 💯.
Smart decision. Its not mind per se. It’s your risk antenna doing it’s job. Ask any AI and see the response you will get.

Infact, Now i know why they say AI is taking over. The people promoting high rates here will be the first to be taken over by AI because their reasoning is just somehow

The questions chatgpt will ask you will even make you ashamed and you will never think of moving again. Infact you will hate high rates
Re: Mutual Funds by Iamblessed8888:
😂.

Dont dull. Stanbic guarantees peace of mind and you dont have to count number of days of holidays versus interest accrued.

Long hols is coming. Complaints of missing accrued interest loading 😂😂😂😂

Attached for your kind attention
Re: Mutual Funds by Creditalerts: 5:37pm On Apr 01
Don't follow nay sayers 15 percent is a wrong deal they are cheating you ,let your money work for you🤑🤑🤑🤑🤑


15 percent people are using your money to fund their lifestyle 🤣🤣🤣🤣

Re: Mutual Funds by Iamblessed8888:
I request your urgent attention to the attached.

15% with peace of mind is better than 100%.

15% is better than missing accrued interest.

See them celebrating quarterly accrued interest. Something we have collected thrice in stanbic within same period.

Don’t play with your hard earned money. Dont let referral hunters deceive you. 😂😂.

No be only 150mln, na 150 billion 😂😂😂
Re: Mutual Funds by Thanos1000: 6:19pm On Apr 01
I need someone to explain this part about mmf to me. I don't understand it
They always say dividend will be pay quarterly while they pay interest daily.
How's it different?
Re: Mutual Funds by Creditalerts: 6:41pm On Apr 01
Local champion promoting Former champion with weak 15 percent rate 🤮🤮🤮🏃🏿🏃🏿🏃🏿 agents of poverty while they enrich themselves with your money don't fall for it ,real investors knows the real deal 😉🤑🤑🤑🤑


Rates are clear ,they are shy to post their rate because it is an eyesore 🤮🤮🤮

Re: Mutual Funds by Creditalerts: 6:57pm On Apr 01
Thanos1000:
I need someone to explain this part about mmf to me. I don't understand it
They always say dividend will be pay quarterly while they pay interest daily.
How's it different?
your accrued intrest will be paid daily but your intrest will be paid out by the end of each quarter of the year,like for first quarter I just received my payment today from FirstAlly MMF but if you are investing in MMF Kindly avoid any 15percent offer it is a poverty offer🤣🤣🤣
All MMF are low risk investment and regulated by SEC your capital is secured.
Re: Mutual Funds by temi4fash(m): 7:27pm On Apr 01
Creditalerts:
on your dashboard click on the refresh button, marked on screenshot below.
Thank you boss

It worked
Re: Mutual Funds by mank1234(m): 8:55pm On Apr 01
Creditalerts:
Local champion promoting Former champion with weak 15 percent rate 🤮🤮🤮🏃🏿🏃🏿🏃🏿 agents of poverty while they enrich themselves with your money don't fall for it ,real investors knows the real deal 😉🤑🤑🤑🤑


Rates are clear ,they are shy to post their rate because it is an eyesore 🤮🤮🤮
Share the link to the app on playstore.
Re: Mutual Funds by Thanos1000: 10:36pm On Apr 01
Creditalerts:
your accrued intrest will be paid daily but your intrest will be paid out by the end of each quarter of the year,like for first quarter I just received my payment today from FirstAlly MMF but if you are investing in MMF Kindly avoid any 15percent offer it is a poverty offer🤣🤣🤣
All MMF are low risk investment and regulated by SEC your capital is secured.
Okay thanks bro
Re: Mutual Funds by doggedfighter(f):
It's sad what this thread has turned to .



It's a pity that it's adult males that are probably fathers, husbands or even someone's boyfriend that turned a fine sane educative thread to their playground.

These two has made reading this thread difficult with their endless tacky posts. A thread where people get information concerning their investments , for some their whole life investments.

An eye sore !
Re: Mutual Funds by bassdow: 3:57am On Apr 02
doggedfighter:
It's sad what this thread has turned to .

It's a pity that it's adult males that are probably fathers, husbands or even someone's boyfriend that turned a fine sane educative thread to their playground.

These two has made reading this thread difficult with their endless tacky posts. A thread where people get information concerning their investments , for some their whole life investments.

An eye sore !
A someWhat much bigger issue is when People come in here to Aggressively PUSH (advertise) companies, WHILE pretending to be ordinary users; unlike the good old days.

Another issue is, some of those companies being advertised ain't really placing most of their cards on the table HENCE there would be those who wouldn't mind trying to WARN the innocent public otherWise.

meanWhile, if Nairaland got a feature where some threads can have unique custom rules, then Moderators can actively use such RULEs to moderate that section of the website BUT then again, a lot of us don't think outside the box hence when you look at it, NO one really is breaking any RULE despite the fact the thread remains in disArray.

Every platform needs some form of moderation + there's hardly a OneSize fits all approach hence when you look at things, no one seem to be breaking any RULE despite the fact the thread is in disArray.

For instance, there ought to be LIMIT on how adverts (irrespective of it's interpretations) are placed or pushed on daily or weekly basis. People also shouldn't be allowed to post very large images, etc.

At end of the day, We still need ask the simple Question - "Are those SHOUTIng against some ADVERTs in here RIGHT or WRONG ?"
Re: Mutual Funds by bassdow: 4:05am On Apr 02
Thanos1000:
I need someone to explain this part about mmf to me. I don't understand it
They always say dividend will be pay quarterly while they pay interest daily.
How's it different?
MMF don't pay dividends. That's for stocks or Equity based investments.

Think of MMF more like Depositing your money in a special bank where YOU are paid a certain percentage as interest that's much higher than the normal banks pay.

You can always collect your money anyTime (during business days) you want. Should you attempt to collect the money before 30-days, they take 20% out of the EARNed interest, not the real money you DEPOSITEd. So at end of the day, whatEver money you DEPOSITEd always remains unTouched BUT instead grows.

Would suggest you contact anyOne in here via voice call to say it in words, not writing so it's much clearer if it isn't already
Re: Mutual Funds by Gabriel411: 4:31am On Apr 02
The issue seems to be with the moderators, rules keep getting broken with little response, maybe due to poor monitoring. Lets start reporting posts or ads, might be the only way to get attention.
Re: Mutual Funds by Bluearrow: 5:11am On Apr 02
bassdow:
Another issue is, some of those companies being advertised ain't really placing most of their cards on the table HENCE there would be those who wouldn't mind trying to WARN the innocent public otherWise.
What do u mean by the bold statement??
Every fund manager that has been posted on this thread is SEC approved, so why are u guys warning people? Some of u just can't mind your business here, that is what is derailing the thread. Iamblessed8888 & creditalert guy are the problem of this thread. While the creditalert guy is trying to promote fintech fund managers, Iamblessed8888 is also promoting stanbic but using warning people as smokescreen.

There is nothing wrong with advert, my first mmf account was through emmasoft stanbic link, it was through advert & posts some of us got to know others with better rate & swift withdrawal, if others didn't talk about it, none of us would know about them. The problem is never advert, but the manner in which creditalert & Iamblessed8888 have turned this advert thing into competition & constituting nuisance here.
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