Come to wuse zone 7/ zone 2 and see flat to let on almost all building. D fact is that our economy is in trouble, just make sure u put your money on something yielding and be careful not to loose it.

Fantastic Argument , both guys have strong points sha . Unfortunately , over 60% of investor's in 9ja don't even know or look at the real rate of return but often look at the nominal returns and forget about their purchase power. But no matter the inflation rate don't leave ur cash in your savings account like that . Try investment it . Investors should just try to buy investment products with returns that are equal to or greater than inflation and also protect your purchasing power and investment returns by investing in a numbers of Treasury inflation products that are secure and protected.

The Treasury department of Rosabon Financial Services offers all that, Treasury Products that are immune to inflation risks and backup with securities of investment. check out my signature to contact me if ur interested

modiolowo@ymail.com

exclusiveoloori:




You can drop yours, will send you a mail

NA wa o! I no know say economists full here!

very enlightening I must say. But I can surely see the merits in Tritri points. However tantalizing the roi may seem, you have to consider the inflation rate. Double digit rate like ours would easily make nonsense of whatever gains are made.

On the other hand, what other options do highly risk averse individuals like me have? Its TB or nothing.

plendil:
NA wa o! I no know say economists full here!

very enlightening I must say. But I can surely see the merits in Tritri points. However tantalizing the roi may seem, you have to consider the inflation rate. Double digit rate like ours would easily make nonsense of whatever gains are made.

On the other hand, what other options do highly risk averse individuals like me have? Its TB or nothing.

"On the other hand, what other options do highly risk averse individuals like me have? Its TB or nothing"

Exact question on my mind while the debate was going on. whats d way forward? peeps like me with our small capital, what other options do we have?

Quick silly recommendation: lets register a company on behalf of this group, with all our names as owners n partners with our sharing formula......put all d capital together, debate what to invest in with higher interest rate.........etc

Chukzyfcb:

Thanks bro for the info shared. There's a building with bout 6flats too along amuwo odofin where I stay, @apple junction to be precise. Its been empty for close to 2yrs now despite the beautiful structure. #point taken to heart

I know that building, on the right when coming from festac

1wolex85:

I know that building, on the right when coming from festac

Yes that building. Its been written TOLET for over a year now!

please how truth is this 21, next market day. please we need projections. what will the percentage be like.

God bless the person that opened this thread n all d people that comment here.
What we have benefited here is awesome.

Biko when next would bidding be open.

zamirikpo:
Biko when next would bidding be open.

The next one is on the 21st of July...

throw in ur bids soonest

@ Feelamong, please if you were to bid for 365 days, what rate would you think is most appropriate?

feelamong:


The next one is on the 21st of July...

throw in ur bids soonest

. Feelamong I wnt to talk to u about stock market can I get ur what'sapp or email pls

Cation:
. Feelamong I wnt to talk to u about stock market can I get ur what'sapp or email pls

send me email..we can take it up from there..

@feelamong pls WATS d rate for 180days.. ..and with the state of the economy.. ..i hope d govt won't wake up and say they cannot payback investors on TB bcoz of oil price drop or One cock and bull story, like they r owing civil servants.. ..

Haha, @the post above me, i don't think the government will do that but the way this government is going it is capable of doing such in the name of recession.

feelamong:


send me email..we can take it up from there..

feelamong, please suggest fair rate for 91 and 180 days: GTB has been reaping out of my deposit, I need to start acting fast.

Omonigeriarere:


feelamong, please suggest fair rate for 91 and 180 days: GTB has been reaping out of my deposit, I need to start acting fast.

That bank is just big by name

I will go for 14.99% 365days , we see how it goes

'Bid submitted for 91days.
'Going with my bank's rate.
This is my first bid attempt.

Do I still have a chance, if I submit bid tomorrow? Hope it won't be close by then.

just2endowed:
Do I still have a chance, if I submit bid tomorrow? Hope it won't be close by then.

You have only today. Try and do it today.

Placed a bid with sKyebank for 12% For 180days.. ..

Agbaletu:

You have only today. Try and do it today.

But bid start 21st

20th or 21st

Current Imflation hit 16.5...What is the implicatiom on the NTB rate as we all expect this week?

Rise in interest rates and more lending to cushion the effect

Biakwa:
Current Imflation hit 16.5...What is the implicatiom on the NTB rate as we all expect this week?

slimtriggaman:
Rise in interest rates and more lending to cushion the effect

Not necessarily. The focus is no longer inflation- it is growth/staving off a prolonged recession. Growth with inflation is better than no growth and high inflation(stagflation) which is what we're experiencing. If the rates rise further, there will be less lending to the real sector and less spending as people and banks will move money to Tbs thus avoiding lending and consumer spending. CBN may not want this.

I think *scratches head*.


TB Stop Rates
91 Days- 14.14%
182 Days- 15.485%
365 Days- 16.48%

I guess I was wrong

Chai and i did 12.2 for 182 days...i feel like crying

olujaidi:


Not necessarily. The focus is no longer inflation- it is growth/staving off a prolonged recession. Growth with inflation is better than no growth and high inflation(stagflation) which is what we're experiencing. If the rates rise further, there will be less lending to the real sector and less spending as people and banks will move money to Tbs thus avoiding lending and consumer spending. CBN may not want this.

I think *scratches head*. I guess I was wrong

TB Stop Rates
91 Days- 14.14%
182 Days- 15.485%
365 Days- 16.48%