because my lazy arse is tired of typing the same thing plenty times

Giddyperson:
Why are we avoiding this topic

opejulie10:
morning mothers in d house
My baby is 13months old and we have been using Nan 3,can I change her milk to peak full cream milk (the tin one) ,I don't know if it is good for her.

Children above 12months can be started on full cream milk.
You can introduce gradually by buying the small satchets if fear is gripping you. Watch for any reactions of which I doubt there will be any. If none, you can go ahead and buy a full tin.

hunniesuzie:
Nne, I cannot shi for you. My initial instinct was to waka pass cos this is one of the topics I've started avoiding. Search mutual funds (filter using health section), you'll find various discussions about this

@bloomingbud and hunniesuzie, how una dey? I think we should not avoid this topic. Let discuss it here. I use Access kids account for my DD. If you have any other option, bring it on and lets discuss the pros and cons.

helovesme:


Interest rates for these accounts are disappointingly low. Even lower than the current rate of inflation

Why not consider mutual funds or the recently introduced FGN savings bond?

https://www.dmo.gov.ng/fgn-bonds/savings-bond/2169-september-2017-fgn-savings-bond-offer-for-subscription/file

With these two products you are looking at interest rate of around 13%-14% compared to the 2-3% you will receive with a savings account.

I have previously discussed mutual funds on this thread.

For the fgn bonds, there's a fixed tenure (minimum 2 years) and just like the mutual funds you can choose to reinvest the interest or have the interest paid into a back account.

Bloomingbud

hunniesuzie:
Mamas looking for bank you can consider mutual funds for your child. The money works and interest is better than any savings account. The one I opened is with Stanbic but some other banks have investment arms that provide the same service

The idea is, they invest your little money with all the other money in the fund on stuff that your money alone cannot carry (treasury bills, fixed deposits etc) and give you interest on a daily basis (the one I'm running currently gives me 18% averagely)

If you're interested in details I can forward the email I received when I made enquiries. Just send a PM

Bloomingbud

queensk:
Hello mamas,
Pls help a first time mum, don't waka pass plssss.

My 3weeks+ dd has been coughing since last night and her nose is equally blocked. I used the search button and tried the Ori+salt remedy, yet no change. Do I take her to hospital? Pls help my baby, she could barely sleep last night.

Awesomemama
and all the sabi mama's I couldn't mention

PS: her temperature is normal though(36.3)

Just seeing this
Hope she feels better now

Zino89:
he's going to be 6 months by July 2nd I guess I will wait till he's 6 months please can you list other cereal brands that we can start from 4months

We take light pap n milk and cow n gate rice cereal
We will be 6month by month end

Bloomingbud:
Good morning previous mamas

Please I know this has been discussed before I'll appreciate if anyone can help me with the post.
I'll like to know about any child account or saving scheme that I can do for my children the are just 4 months plus..

Will love to know as well

hunniesuzie:
Mamas looking for bank you can consider mutual funds for your child. The money works and interest is better than any savings account. The one I opened is with Stanbic but some other banks have investment arms that provide the same service

The idea is, they invest your little money with all the other money in the fund on stuff that your money alone cannot carry (treasury bills, fixed deposits etc) and give you interest on a daily basis (the one I'm running currently gives me 18% averagely)

If you're interested in details I can forward the email I received when I made enquiries. Just send a PM

Can I PM?

Hi. My nl email has been acting up. Currently in transit, when i settle down I'll search for the info and paste it here

Awesomemama:


Can I PM?

This also helps

helovesme:
Since we are talking finances, let me jump in

I find the money market investment fund managed by the investment company ARM, Nigeria very good. https://www.arminvestmentcenter.com/media/17923/mmf-faq_42.pdf

Their interest rate is almost as good as that of treasury bills, however, the major advantage is its flexibility.

Unlike tbills where you have to save or wait till when it's CBN's auction date, you can invest any amount of money at anytime into the fund. So for example, a day you have free 20k, you can just transfer it immediately into the fund and it accrues interest. There is also an online account which allows you to see all your transactions, etc. Another advantage is that your funds are accessible at anytime. So if there's a need for your funds urgently, the process to get your money is very straightforward.

Comtem2011 is right about taking up an insurance policy. Not only life insurance policy but also critical illness cover. Personally, I have one with a guaranteed payout of around 100m which is a very decent amount of money (if converted using the current exchange rate). I do pay a small monthly premium but it's still worth the potential payout. Why Nigerians shy from insurance, I do not understand.

Property is another smart one - no matter how small the land or house is. Buy, do all the required legal work and make sure it's well documented with the lands registry. Even if you do not live in it, rent it out.

Finally, if you are going to have a stash of money in an investment fund, a decent house, an insurance policy as well as several other investments, it's important to have a WILL drafted by a lawyer documenting your wishes on how the funds should be utilised. I have seen many cases where this hasn't been done and all the investments were mismanaged.

helovesme:


Interest rates for these accounts are disappointingly low. Even lower than the current rate of inflation

Why not consider mutual funds or the recently introduced FGN savings bond?

https://www.dmo.gov.ng/fgn-bonds/savings-bond/2169-september-2017-fgn-savings-bond-offer-for-subscription/file

With these two products you are looking at interest rate of around 13%-14% compared to the 2-3% you will receive with a savings account.

I have previously discussed mutual funds on this thread.

For the FGN bonds, there's a fixed tenure (minimum 2 years) and just like the mutual funds you can choose to reinvest the interest or have the interest paid into a back account.

I don't know how anyone has the patience for these kind of investments. I find the interest rate to this FGN Savings Bond to be ridiculously low. 13% per annum. Rich men might stash away money for their children this way, but if you're middle class and lets say you have a million naira to spare and you invest that in FGNSB for your child, at the end of the year your baby would have made only additional N130, 000.00.Since it has a 2-3 year maturity rate, at the end of two-three years he'd have made N1, 260,000.00-N1, 390,000.00. Either way adunbulivit. I don't have that kinda patience biko. Agreed, its extremely low risk but my Anambra husband would tell you to give him the money let him double it in six months rather that FGN's 8 years.

Anyway my opinion is if the sum you have to invest is not something that can reasonably help the life of the child if anything happens to you, then I'd rather invest it in hustling while there is life. Either that or I'd make riskier investments that are more profit yielding.

JGracious:


Children above 12months can be started on full cream milk.
You can introduce gradually by buying the small satchets if fear is gripping you. Watch for any reactions of which I doubt there will be any. If none, you can go ahead and buy a full tin.

Thanks ma,I plan on buying the nan 3,and will start introducing the peak inside her tea because she loves bread and tea

Giddyperson:

I don't know how anyone has the patience for these kind of investments. I find the interest rate to this FGN Savings Bond to be ridiculously low. 13% per annum. Rich men might stash away money for their children this way, but if you're middle class and lets say you have a million naira to spare and you invest that in FGNSB for your child, at the end of the year your baby would have made only additional N130, 000.00.Since it has a 2-3 year maturity rate, at the end of two-three years he'd have made N1, 260,000.00-N1, 390,000.00. Either way adunbulivit. I don't have that kinda patience biko. Agreed, its extremely low risk but my Anambra husband would tell you to give him the money let him double it in six months rather that FGN's 8 years.

Anyway my opinion is if the sum you have to invest is not something that can reasonably help the life of the child if anything happens to you, then I'd rather invest it in hustling while there is life. Either that or I'd make riskier investments that are more profit yielding.

Nwanyi Anya ukwu Anambra, I'm not sure you'd get anything else that is 100% safe + give you a higher yield, not even in UK or US.

Abacus funds (investment one product) and gtb sks account is what I use for all my GC's. Start an Abacus fund with any amount and reinvest the interest. Transfer a fixed amount each month (their birth date preferably) to their SkS account, then move it every quarter to the Abacus account.

No withdrawal on any. Just keep topping up with even as low as 5K monthly. It will come in very handy to pay school fees or Uni fees in US one day. Definitely better than "hustling with the money", Imo.

Ps: mutual funds is good too. I'm just skeptical about FG bonds for now, but that's just me.

Further to our discussion, we are pleased to introduce our unique wealth management solution that can be accessed by investing via our “Unit Trusts/Mutual Funds” - please see the mail trail for the mutual fund(s) we recommend along with helpful supporting documents in attachment.



By definition a mutual fund is an investment product offered by a company that pools money from various stakeholders who participate typically in investment securities (such as stocks, bonds, short-term money market instruments etc. Investors who buy into a Mutual Fund own a portion (units) of the fund, based on the amount they invested - similar to the way a co-operative scheme or the local thrift club, also known as Esusu, Adashe or Ajo system is operated.



Mutual Funds are managed by an investment manager who buys and sells investment securities in order to grow the fund. Mutual funds are open-ended funds, i.e. you can invest in a Mutual Fund at any time and exit whenever you want. Investors make returns based on the overall performance and growth of the fund - some mutual funds also distribute dividends periodically.



We like to also introduce the Stanbic IBTC Money Market Fund (SIMM)

SIMM caters for investors with low risk appetite who don’t want exposure to the capital market but require the liquidity and competitive returns available in fixed income markets. SIMM invests 100% of its asset in quality money market instruments including Treasury Bills, Commercial Papers, Bankers’ Acceptances and Fixed Deposits with banks that are rated not less than “A”. Its primary objective is to achieve attractive returns of current income that is consistent with capital preservation by pooling funds for a stronger bargaining power in low-risk short-term securities whilst offering security, diversification and liquidity.



The Fund was registered with the Securities and Exchange Commission (SEC) of Nigeria in 2010. It has been assigned an “Aa(f)” rating by Agusto & Co. for 4 consecutive years – the highest rating yet conferred on a fund managed in Nigeria by this SEC registered local rating agency.



S/No.

Fund Type

Min. Investment (Naira)

Type/Comment

2016 Performance** (%)

1

STANBIC IBTC MONEY MARKET FUND

N5,000.00

Low-risk/Recommended for Capital preservation with stable returns – Safety is key! (Your proposed investment can be placed here)

9.94

2

STANBIC IBTC GUARANTEED INVESTMENT FUND

N5,000.00

Low-Medium risk (Principal Guaranteed after 3 months)/Recommended for Capital preservation with a potential equity upside (Your proposed investment can also be placed here)

10.10



* Current yield for Stanbic IBTC Money Market Fund (SIMM) is 18.31% per annum as at 16 May 2017 while the average effective yield for 2016 was 09.94%

** Please note that quoted returns are historical and past performance is not necessarily an indication of future performance

cc bloomingbud awesomemama

some formatting issues, you can post your email address so I'll send a better version.

Giddyperson, some of us are very low risk investors so for the sake of our blood pressure let the money be growing jelenkely. There are higher risk mutual fund options that invest in stock and bonds with much higher returns but your capital isn't guaranteed. The money market guarantees your capital no matter what

I'm with ifyalways wrt not doing business with the Nigerian government, I can't fit to shout biko

Also bloomingbud and co, I use stanbic, I'm aware that ARM and GTBank(Investment One? can't remember what it's called) also have investment banking subsidiaries. You don't have to do stanbic if you don't want to. Do your research very well. I'm not a proponent of bank accounts for kids because they will remove all your money in the name of charges

JGracious:


I bought the fit me poreless matte pressed powder @ their store for 3000 last week.
I was using milani perfect 2-in -1 before giving birth too. After birth the thing started looking like mud splashed on my face
I wasted 16k on mac studio fix. Dat one looked like I rub power oil for face.
I jejely carried myself to buy maybelline and I have been enjoying it. Soft feel, lightweight and stays matte.

Is the poreless matte in a bottle? Where is their store?

At the bold, same thing with me, my face was looking like an embalmed face. Just gave it out.

Sansa143:
Chai,i dey sweep almost evry min and once I carry broom,d oga go one collect am.He wants to sweep too.He has finished two packs of biscuits.




In another news,made noodle satay,is awesome and d taste is grt.

how did you make this please?
It looks yummy

hunniesuzie:
No. The maybelline store. That's how it's spelled on the foundation. The correct english word is matte but owners of brand have decided to spell their thing as they like

Carried my waka to their store this afternoon. They said one is made in France and the other is made in the USA.

Since it was my first time I used just one indomie(wished I used more than one sef)
You will need:
Indomie(a pack or more)
Flour
Egg
Breadcrumbs or biscuit crumbs
Cabbage
Carrots
Onions,pepper and tomatoes
Butter
Baking powder
Method:
First boil your noodles(plain but add d spice and reserve sum for later)
When you noodle is done,pour into a strainer n allow to cool.
Grind you onions,pepper n tomatoes
Grate cabbage and carrots
Get a bowl and mix your remaining spice with flour,butter and baking powder
Pour your cabbage,carrots and grinded onions,pepper n tomatoes in the flour mixture
U can add boiled egg,shredded chicken,beef or fish
Pour your cooled noodles in the flour mixture and mix
Mould into balls and set aside
Mix flour and a little of d noodle spice in a try
Break egg and whisk
Then dip d noodle ball into d egg and the coat with flour
Dip it again in d egg and coat wit the crumbs.
Repeat till all are coated
Then deep fry till golden brown
Serve hot quote author=booqee post=68383197] how did you make this please?
It looks yummy[/quote]

FloraEC:


Is the poreless matte in a bottle? Where is their store?

At the bold, same thing with me, my face was looking like an embalmed face. Just gave it out.

I've attached a pic for you. Its the pressed powder I bought for 3k.
The one in the bottle is foundation. It sells for 4k when i asked them today.

Sansa143:
Since it was my first time I used just one indomie(wished I used more than one sef)
You will need:
Indomie(a pack or more)
Flour
Egg
Breadcrumbs or biscuit crumbs
Cabbage
Carrots
Onions,pepper and tomatoes
Butter
Baking powder
Method:
First boil your noodles(plain but add d spice and reserve sum for later)
When you noodle is done,pour into a strainer n allow to cool.
Grind you onions,pepper n tomatoes
Grate cabbage and carrots
Get a bowl and mix your remaining spice with flour,butter and baking powder
Pour your cooled noodles in the flour mixture and mix
Mould into balls and set aside
Mix flour and a little of d noodle spice in a try
Break egg and whisk
Then dip d noodle ball into d egg and the coat with flour
Dip it again in d egg and coat wit the crumbs.
Repeat till all are coated
Then deep fry till golden brown
Serve hot quote author=booqee post=68383197] how did you make this please?
It looks yummy

thank you! I'm so trying this soon

Forgot to add a step in the mixing.I have modified it.U can check it.

booqee:
thank you! I'm so trying this soon

Sansa143:
Chai,i dey sweep almost evry min and once I carry broom,d oga go one collect am.He wants to sweep too.He has finished two packs of biscuits.




In another news,made noodle satay,is awesome and d taste is grt.

so this was made from just one pack? Superpack I presume?
Before I end up doing too much.

Yes dear,one super pack

booqee:
so this was made from just one pack? Superpack I presume?
Before I end up doing too much.

Gudevening mothers, pls im iconfused right now and need help, my son turned 4months yesterday and he has been bringing out saliva from his mouth for a while now, he cant seem to control it, if i change his shirt now, before 10minutes, its soaked, pls what can i do??

JGracious:


I've attached a pic for you. Its the pressed powder I bought for 3k.
The one in the bottle is foundation. It sells for 4k when i asked them today.

Thanks, where's the store or should I just go to tradefare and buy. How will I know the original?

Sansa143:
Forgot to add a step in the mixing.I have modified it.U can check it.

okay seen it

One of the precursors of teething. Wear a bib for him during the day

mummyjayson:
Gudevening mothers, pls im iconfused right now and need help, my son turned 4months yesterday and he has been bringing out saliva from his mouth for a while now, he cant seem to control it, if i change his shirt now, before 10minutes, its soaked, pls what can i do??

booqee:
so this was made from just one pack? Superpack I presume?
Before I end up doing too much.

?

mummyjayson:
Gudevening mothers, pls im iconfused right now and need help, my son turned 4months yesterday and he has been bringing out saliva from his mouth for a while now, he cant seem to control it, if i change his shirt now, before 10minutes, its soaked, pls what can i do??

Invest in plenty bibs. The more absorbent the better. You May also want to get the type that has a cotton outter with a "waterproof" backing liner. This way it reduces the rate at which the wetness gets absorbed into his clothes. Change frequently.

hunniesuzie:
Nne, I cannot shi for you. My initial instinct was to waka pass cos this is one of the topics I've started avoiding. Search mutual funds (filter using health section), you'll find various discussions about this

enque
Akorkor
hunniesuzzie

Thank you so much.