feelamong:

yes its FG guaranteed MMM

Diyke4rich:
Guru's in the house i have been following this thread for a long time now i need am advice, i have a house in lagos that the rentage is not that good compare to what i paid for the house or renovation after a tenant move out, i wanted to try out this treasury bill i have a house in asaba if i rent it i will not make what i will be making in treasury bill, please guru's its advisable to sell one of the house and invest in treasury bill.
Thanks
Your contributions will be highly be appreciated

Diyke4rich:
Guru's in the house i have been following this thread for a long time now i need am advice, i have a house in lagos that the rentage is not that good compare to what i paid for the house or renovation after a tenant move out, i wanted to try out this treasury bill i have a house in asaba if i rent it i will not make what i will be making in treasury bill, please guru's its advisable to sell one of the house and invest in treasury bill.
Thanks
Your contributions will be highly be appreciated

veneza:
not everybody knows when you collect rents if you don't tell them,because you can receive rent from your tenants anytime of the year depends on when they have cash available to pay in some cases.
also you should know that the rents you receive is your interest not your capital, the property is your capital because property appreciate with time.
my advice to you is to be saving all your rents and then invest it in treasure bills then you have doubled your interest, even if it's small interest rate but in the near future when starts enjoying it I hope you remember.
Am telling you this because am doing same coming year,I just found out about Tbills I have to keep learning more before then,not all that glister are gold.

veneza:
not everybody knows when you collect rents if you don't tell them,because you can receive rent from your tenants anytime of the year depends on when they have cash available to pay in some cases.
also you should know that the rents you receive is your interest not your capital, the property is your capital because property appreciate with time.
my advice to you is to be saving all your rents and then invest it in treasure bills then you have doubled your interest, even if it's small interest rate but in the near future when starts enjoying it I hope you remember.
Am telling you this because am doing same coming year,I just found out about Tbills I have to keep learning more before then,not all that glister are gold.

Acidosis:



Don't let the interest deceive you bro. The value of your property increases over time with or without cost of rentals (annual rent from tenants).

Meanwhile, the value of your capital on Tbills remains constant forever, all things being equal. It only increases when you reinvest interest received.

Chances are the value of your property will increase even in the face of inflation while capital face inflationary threats over time. Please do some additions and substraction before you sell.
You can keep your property and invest rents received from tenants.

vacanci:


I live in a house that was purchased by my landlord for N23 Million 5 years ago. I pay rent of 800K annually. recently, he tried selling it and there was no buyer at 17M naira. Houses sometimes depreciates.

Now imagine that money in treasury bills for the past 5 years. That will be over N46. Do your calculations and see for yourself.

The guy that may have put his money in TB 5 years ago can simply write a cheque of 17M today and buy the house. he will have another 30M as revolving fund in TB.

Cash is king.

vacanci:


I live in a house that was purchased by my landlord for N23 Million 5 years ago. I pay rent of 800K annually. recently, he tried selling it and there was no buyer at 17M naira. Houses sometimes depreciates.

Now imagine that money in treasury bills for the past 5 years. That will be over N46. Do your calculations and see for yourself.

The guy that may have put his money in TB 5 years ago can simply write a cheque of 17M today and buy the house. he will have another 30M as revolving fund in TB.

Cash is king.

vacanci:


I live in a house that was purchased by my landlord for N23 Million 5 years ago. I pay rent of 800K annually. recently, he tried selling it and there was no buyer at 17M naira. Houses sometimes depreciates.

Now imagine that money in treasury bills for the past 5 years. That will be over N46 Million when compounded by reinvesting interest. Do your calculations and see for yourself.

The guy that may have put his money in TB 5 years ago can simply write a cheque of 17M today and buy the house. he will have another 30M as revolving fund in TB.

Cash is king.

vacanci:


I live in a house that was purchased by my landlord for N23 Million 5 years ago. I pay rent of 800K annually. recently, he tried selling it and there was no buyer at 17M naira. Houses sometimes depreciates.

Now imagine that money in treasury bills for the past 5 years. That will be over N46 Million when compounded by reinvesting interest. Do your calculations and see for yourself.

The guy that may have put his money in TB 5 years ago can simply write a cheque of 17M today and buy the house. he will have another 30M as revolving fund in TB.

Cash is king.

ahiboilandgas:
he bought the house at a high price...inflated if the rent is 800 k per anum then the price of the house is Max 16 m ....house are valued base on the rental income for 20 years ,commercial property 15 years ...that house prices of sale is riched...for 23 m house the rent should be 23m/20 years ..1.150m ....house seller are lucky if the buyer is eager to buy up the property or want to reside there...speculative customer...

tritritri:


The house we bought at 30m same 4.5 years was been negotiated for 61M , 6 no of 3bedrm. we not even in a rush to sale it as we waiting for higher offer. the last T.B i did . i spent the interest within 3mth.

unite4real:


So it means if u eventually sell the house, you will spend the proceeds within 12 months abi. Why will you conclude that TB interest will just be spent without reinvested. People are not same in terms of investment culture. I always compound my interest.

unite4real:


Same house in same estate goes for 1M rent as well and some 1.2 depending on the finishing. I am only lucky because the landlord reduced it

vacanci:


I live in a house that was purchased by my landlord for N23 Million 5 years ago. I pay rent of 800K annually. recently, he tried selling it and there was no buyer at 17M naira. Houses sometimes depreciates.

Now imagine that money in treasury bills for the past 5 years. That will be over N46 Million when compounded by reinvesting interest. Do your calculations and see for yourself.

The guy that may have put his money in TB 5 years ago can simply write a cheque of 17M today and buy the house. he will have another 30M as revolving fund in TB.

Cash is king.

feelamong:


If only people know the amount of Properties that AMCON and banks are carrying about and looking for people to buy and give them cash for...

But then one needs to check a lot more before actually ditching house for Tbills.

many that invested in houses in Lekki area are till now praying for someone to just pay at reduced price to give them cash flow

sunnydayasaba:



Nigerians don't understand, it's not house that appreciates, but the land. An empty land well fenced and gated will appreciate more than a house built on the same location because you don't have any maintenance cost associating with a land like a house.

So if you decide to invest in a property, buy lands and secure them very well, that way of you decide to sell, You will easily receive offers and good offers for that matter.

ShockMajor:
Please this treasury bill stuff is really confusing to me. Bt to summarise can someone just answer this question for me explicitly.
If i put 1m in treasury bill for 91days with interest rate of 10.95%, and 1m for 182days with interst rate of 13.16%. How much interest m i getting respectively minus my capital. Pls guys just the value, if i get the value, i can reverse engineer the math n understand the flow. So no need to solve/explain, someone should just tell me the interest ill get. Thanks guys, m waiting for replies. God bless you all.

Druss:


Formula is simple. Interest = Principal x Rate (in %) x Time (in years) X 0.01.

Use this to check.

tritritri:


The house we bought at 30m same 4.5 years was been negotiated for 61M , 6 no of 3bedrm. we not even in a rush to sale it as we waiting for higher offer. the last T.B i did . i spent the interest within 3mth.

unite4real:


So it means if u eventually sell the house, you will spend the proceeds within 12 months abi. Why will you conclude that TB interest will just be spent without reinvested. People are not same in terms of investment culture. I always compound my interest.

tritritri:



It a family house ..Meanwhile Is it not the same nigeria? Where price r inflated everyday naira becum worthless ? cost of living on the high yearly..

GonFreecss1:


Definitely too much hope. Optimism is good but basing investment strategy on optimism is not a good way to go.

NL1960:


A family house is not easy to sell especially if there are many people tied to it. You need a consensus from everybody tied to it to sell it. So you might have a situation whereby you have an appreciating asset that cannot be sold.

NL1960:


Within how many months did you spend the rent you collected on the house?.

tritritri:



Bros na wa ooh...t[b]he owner (my dad) has the C of O and he's alive[/b] .. the issue is btw real estate and t.b.

NL1960:


It depends on what you want. There are people who liked to be called landlords (aka baba landlord) even if they are not really making money from their properties. Once you have a property, almost everybody in your family knows and they know when you collect the rent and that is when each and everyone of them will start coming with his/her problems for you to solve for them. If you say, you do not have, they will say 'shebi you just collect rent'. Before you know it, the money is finished with you wondering what you used the money for. That is when it suddenly dawn on you that the next rental is at least 11 months away. With TB, nobody knows if you have money. If they come around, na you go first cry say the country hard. Once you first cry, they will no longer be bold to tell you their problems. They will just say 'please just help me with anything'. Na so you go just give the person small thing from your TB upfront interest to help the person.

tritritri:



Bros na wa ooh...the owner (my dad) has the C of O and he's alive .. the issue is btw real estate and t.b.






How would i know...i dey my papa pocket ?.

NL1960:


It depends on what you want. There are people who liked to be called landlords (aka baba landlord) even if they are not really making money from their properties. Once you have a property, almost everybody in your family knows and they know when you collect the rent and that is when each and everyone of them will start coming with his/her problems for you to solve for them. If you say, you do not have, they will say 'shebi you just collect rent'. Before you know it, the money is finished with you wondering what you used the money for. That is when it suddenly dawn on you that the next rental is at least 11 months away. With TB, nobody knows if you have money. If they come around, na you go first cry say the country hard. Once you first cry, they will no longer be bold to tell you their problems. They will just say 'please just help me with anything'. Na so you go just give the person small thing from your TB upfront interest to help the person.

vacanci:


and you knew that someone else will finish his own TB interest within 3 months. What an irony

tritritri:



Dont sale that house, i have done most of this stuff and i can tell that U need all of these asset to be balance in life.


Are u aware that some people after they do T.B. dey will spend the interest before 3mth. if u're like dat wat ur gain ?

after selling and dollar goes up to 550 or 600 u've lost ur money. but with real estate it catches up.

My advice Make sure u have a Real Estate investment, T.B investment . REAL LIFE BIZ as well. Even dollar investment...dis is nigeria where thins change quickly.


Go through my argument on this thread with @Chukzyfcb 2yr ago .

https://www.nairaland.com/878880/treasury-bills-nigeria/172

The same Chukzyfcb who thought T.BILL is the GOLD 2yr ago is now A CRYPTO trader.

he was even calling T.BILL blood money 2yrs ago..Now ask him again if T.BILL is blood money .

ask him again does he understand how tbill is only better dan savings now in 2018...read the thread and see the argument.