ihedioramma:
and last two years TB was 18+% . Please work out #500,000 with the interest reinvest for four years at 12% for us ?

=N786,759.68

That is 57% total interest in just 4 years!

Mizwisdom:
I tried Guaranteed mutual fund in stanbic last year, I just forgot the money there, I was shocked to see a profit of N5.00 last week let me go and liquidate fast fast

do not liquidate...
Just change to MONEY MARKET FUND.

I enjoy at least 1% every month! (with peace of mind)

RealityShot:
do not liquidate...
Just change to MONEY MARKET FUND.

I enjoy at least 1% every month! (with peace of mind)

With StanbicIBTC bank?

OgogoroFreak:
With StanbicIBTC bank?

yes O!

OgogoroFreak:
₦5?! That mean the money you get there go lean well, well o.

Lol e lean small sha, i tested it with N150K but it hasn't worked, at least if I had seen even N5k I would have understood

RealityShot:
do not liquidate... Just change to MONEY MARKET FUND.
I enjoy at least 1% every month! (with peace of mind)

Ok

chocho1:
Oh I see ,it involves a lot of money and am sure the process and the 9ja factor,bribes and so on ...that it would eventually be a success. Well,why I visit this thread is becos of the smooth route that TB offers... this is the difference.... if u can clearly let us know the process and if they can be as smooth as TB...otherwise let's keep enjoying the established smooth route in this thread..

There's nothing like naija factor there sir. You're conducting your own business. The government is not involved. Just get yourself a good lawyer experienced in things like this.

And about the issue of money.. There was this land somewhere behind Abraham Adesanya. 200 Acres in total. In this area, the cost of survey for a plot of land is 1M. You can imagine how much it'd cost to sponsor 200 Acres. A plot of land sells for about 15M also in the area. So the family allowed multiple people to sponsor the survey. Someone did 50 acres.

So it all depends on your pocket.

Mizwisdom:


Lol e lean small sha, i tested it with N150K but it hasn't worked, at least if I had seen even N5k I would have understood

Are you sure you did not request for you interest to be credited to you an account when due(as in quarterly). If that is not the case then something is actually wrong because even me that have just 5k left in my GIF have seen more this year than that.

That said, the emphasis on guarantee investment fund is on guaranteeing your capital after some month(I guess like 3 months can't really remember now)not on the interest. For the interest, it's not because it has equity in its mix.

If that money your was in the MMF it would have been giving you an average of N42 daily... If you times it by number of days you left the 150k there it would have been more than 5k.

I made a small Tbills calculator

https://docs.google.com/spreadsheets/d/1EIrOTR8azj3zthNfsPl37w-E2TnO7n9TMIC1N3g96nk/edit?usp=drivesdk

freeman67:


Are you sure you did not request for you interest to be credited to you an account when due(as in quarterly). If that is not the case then something is actually wrong because even me that have just 5k left in my GIF have seen more this year than that.

That said, the emphasis on guarantee investment fund is on guaranteeing your capital after some month(I guess like 3 months can't really remember now)not on the interest. For the interest, it's not because it has equity in its mix.

If that money your was in the MMF it would have been giving you an average of N42 daily... If you times it by number of days you left the 150k there it would have been more than 5k.

No, I didn't ask for it to be credited to my account. I don't know what went wrong with my GIF or if something is actually wrong but I'm considering MMF now. See the email below



Dear Investor
We would like to inform you that a dividend of N5.00 (five naira) has been declared on the Stanbic IBTC Guaranteed Investment Fund (“SIGIF”) for the 2018 financial year.
In accordance with your dividend payment mandate, your dividend would be credited to your bank account or reinvested into your investment account in the SIGIF by close of business on Monday, 29 April 2019. Kindly contact the Registrar to the fund using the details below if your dividend is not credited to your bank account on the payment date;
First Registrars & Investor Services Limited

Mizwisdom:


Lol e lean small sha, i tested it with N150K but it hasn't worked, at least if I had seen even N5k I would have understood

No wonder, the thing small. Abi, you dey pay pastor tithe?

OgogoroFreak:
No wonder, the thing small. Abi, you dey tithe?

Lol do you stake all you have or a large sum in something you've not got any testimonial from? No one here has even mentioned it, so I decided to test it first, you can go ahead and stake 10M at least now you've got my testimonial and you will get N5000K or less after one year, extremely profitable I must say

Mizwisdom:


Lol do you stake all you have or a large sum in something you've not got any testimonial from? No one here has even mentioned it, so I decided to test it first, you can go ahead and stake 10M at least now you've got my testimonial and you will get N5000K or less after one year, extremely profitable I must say

Oh, k. Now I understand.

I don't "Test" any investment with my money even if it's just 1k unless I have read extensively and understand the investment very well cos there are "Sharks" out there and everybody is looking for money.

chocho1:
Oh I see ,it involves a lot of money and am sure the process and the 9ja factor,bribes and so on ...that it would eventually be a success. Well,why I visit this thread is becos of the smooth route that TB offers... this is the difference.... if u can clearly let us know the process and if they can be as smooth as TB...otherwise let's keep enjoying the established smooth route in this thread..

Not just smoothly, with assurance and confidence. No lobbying, no laffing fake laff, and greeting people u'ld rather ignore.

My cars where bought with TB interest, I will build my house with TB interest, my expenses is structured on TB interest and when the time is right i will tell my wife not to ever worry cos when she looks for me and can't find me, she should visit #TBstanbicibtc.




My prayer is for this shaky shaky naija to become stable.

zamirikpo:


Not just smoothly, with assurance and confidence. No lobbying, no laffing fake laff, and greeting people u'ld rather ignore.

My cars where bought with TB interest, I will build my house with TB interest, my expenses is structured on TB interest and when the time is right i will tell my wife not to ever worry cos when she looks for me and can't find me, she should visit #TBstanbicibtc.




My prayer is for this shaky shaky naija to become stable.

smart investors

OgogoroFreak:
People should not buy a house to make profit. Buy cos of the comfort it gives. Just like buying a car. We mostly don't buy car to make profit but for comfort.

People should not engage in real estate or mass transit business??

zamirikpo:


Not just smoothly, with assurance and confidence. No lobbying, no laffing fake laff, and greeting people u'ld rather ignore.

My cars where bought with TB interest, I will build my house with TB interest, my expenses is structured on TB interest and when the time is right i will tell my wife not to ever worry cos when she looks for me and can't find me, she should visit #TBstanbicibtc.




My prayer is for this shaky shaky naija to become stable.

Come on man, how do you know the order in which we will exit this world? Even if you are in your 60ies and poor of health, I have heard about people who lived to see their 90ies against odds.Some people have outlived their children and now raise their grandchildren.

I have 3 flats of 3 bedroom I think the house will be wort around 25m-30m ,my Neigbour sold his for 27 m ,I have 3 tenant paying 350 ,300 ,350 each making 1 m I spend like 50 k yearly fixing 0ne thing or the other so my net income is 950 k ,if i sell the house and put in t .b will be getting like 3 m yearly ,infact one tenate keep playing me paying in bits .I rather buy a land and speculate on it....house for rent investment is only good when rates fall to 5-7 percent over 5 years period...that why the modern wealthy people don't do house rent thing unless in specific high brow commercial areas or mall or shops ...i bought tb of 20m last week only spoke few line inside bank next day alert with profit of 2.5 m.no agent no lawyer just 7 minutes in the bank..

Mizwisdom:


No, I didn't ask for it to be credited to my account. I don't know what went wrong with my GIF or if something is actually wrong but I'm considering MMF now. See the email below.

This is serious ooo... But whichever way there was a time you would have had enough interest but because you didn't check you didn't notice... There was a particular period the interest was growing rapidly and before I could know it, almost all the interest was wiped out so the next time it increased a little I transferred to SIM.

As you consider MMF now... You could also consider reinvestment option for the interest if you are not in urgent need of the money. It will save some stress as you can withdraw from there when needed.

ahiboilandgas:
I have 3 flats of 3 bedroom I think the house will be wort around 25m-30m ,my Neigbour sold his for 27 m ,I have 3 tenant paying 350 ,300 ,350 each making 1 m I spend like 50 k yearly fixing 0ne thing or the other so my net income is 950 k ,if i sell the house and put in t .b will be getting like 3 m yearly...I rather buy a land and speculate on it....house for rent investment is only good when rates fall to 5-7 percent over 5 years per...that why the modern wealthy people don't do house rent thing unless in specific high brow commercial areas or mall or shops ...i bought tb of 20m last week only spoke few line inside bank next day alert with profit of 2.5 m.no agent no lawyer just 7 minutes in the bank..

bolded..

i showed my mom tbills in february..
next day alert entered.

when i told her: mom, you have learnt the new coolest business

she asked: which business?

lol..
i told her is LENDING BIZ

She still didn't agree its a biz

Acidosis:


People should not engage in real estate or mass transit business??

I mean when you buy a house for renting purpose hoping to make serious profit.

For the car, I was referring to personal car but even if it's for mass transit business, unless you decide to drive it yourself, you are LIKELY to struggle to get reasonable profit if at all.

I have done both businesses before, though, I didn't loss but it was not worth it at all. I only buy and sell lands now when it comes to real estate.

ositadima1:


Come on man, how do you know the order in which we will exit this world? Even if you are in your 60ies and poor of health, I have heard about people who lived to see their 90ies against odds.Some people have outlived their children and now raise their grandchildren.

Aww....thats touching, I was only speculating. I don't expect my wife to exit before me, but if she does to God be the glory. But am sure u understand the gist.

It's an investment ur next of kin can easily take over.

Just in case am no longer around.....

ahiboilandgas:
smart investors

My leader......i want to be like u when I grow up.

We need to talk outside here, I really need some trucking solutions from u. Pls indulge me.

Mizwisdom:


No, I didn't ask for it to be credited to my account. I don't know what went wrong with my GIF or if something is actually wrong but I'm considering MMF now. See the email below



Dear Investor
We would like to inform you that a dividend of N5.00 (five naira) has been declared on the Stanbic IBTC Guaranteed Investment Fund (“SIGIF”) for the 2018 financial year.
In accordance with your dividend payment mandate, your dividend would be credited to your bank account or reinvested into your investment account in the SIGIF by close of business on Monday, 29 April 2019. Kindly contact the Registrar to the fund using the details below if your dividend is not credited to your bank account on the payment date;
First Registrars & Investor Services Limited

The above does not mean you will get N5. It mean you will get N5 x the number of units your investment was able to procure. In addition, please note that this is dividend which is different from interest which should have accrued on your investment over the relevant period of time.

Sach:


The above does not mean you will get N5. It mean you will get N5 x the number of units your investment was able to procure. In addition, please note that this is dividend which is different from interest which should have accrued on your investment over the relevant period of time.

huh! Is it a share or what?

RealityShot:
=N786,759.68
That is 57% total interest in just 4 years!

Thank's .

ahiboilandgas:
I have 3 flats of 3 bedroom I think the house will be wort around 25m-30m ,my Neigbour sold his for 27 m ,I have 3 tenant paying 350 ,300 ,350 each making 1 m I spend like 50 k yearly fixing 0ne thing or the other so my net income is 950 k ,if i sell the house and put in t .b will be getting like 3 m yearly ,infact one tenate keep playing me paying in bits .I rather buy a land and speculate on it....house for rent investment is only good when rates fall to 5-7 percent over 5 years period...that why the modern wealthy people don't do house rent thing unless in specific high brow commercial areas or mall or shops ...i bought tb of 20m last week only spoke few line inside bank next day alert with profit of 2.5 m.no agent no lawyer just 7 minutes in the bank..

Your post got me to calculate my rent on my two houses, one since 2010 ,built nine years ago, the other for 7 yrs now ,after calculations, the first got me abt 40% money spent ,the second house got me abt 30% money spent. I've been to court severally as regards to two stubborn tenants, paid legal fee, during the space of ten years . I've received heavy punches from a bad tenant once, almost got my younger brother killed by same tenant. The court aren't helpful, a court case can go on for more than three years, the period the judge is to give judgment, your tenant would have vacate, so who will pay then? Thereafter, i changed plans to deal with bad tenants that will say it to your face that, you can't do shit, i use my soldiers friends, ( the tactic is that, the soldier is my younger brother, just posted frm d north, n will be staying in d flat, no assault or physical enforcement at all) few times it worked but that almost got me into trouble the last time i used that tactics ,the day i visited a tenant with soldiers, few days after ,his wife lost a pregnancy of more than nine months, the tenant told me, it's those soldiers that caused his wife panics n made her lost d baby ( later got to know that the baby was over due, and they couldn't afford a CS operation ,so baby died) . Just imagine this Tennant is well informed n financially ok n took the case up, i cld have lose my freedom . The pains behind being a lagos landlord is sometimes more than the enjoyment, it could cause one HBP n more. Since then, I've been super careful dealing with tenants, they can cause u more than you bargained for. But capital NO, TBS won't give me all these troubles so i will stick to it until something bigger show up. If you encounter bad tenants once, you will pray they go with d money, just for peace to reign

Akin3891:

Your post got me laughing..... Really don't know why but being a landlord is like baby sitting grown babies who know their rights.

hello guys, i have been following the trend for a while now. which bank is currently the best for tb of about 100k for 90 days or 180 days.

Akin3891:



Your post got me to calculate my rent on my two houses, one since 2010 ,built nine years ago, the other for 7 yrs now ,after calculations, the first got me abt 40% money spent ,the second house got me abt 30% money spent. I've been to court severally as regards to two stubborn tenants, paid legal fee, during the space of ten years . I've received heavy punches from a bad tenant once, almost got my younger brother killed by same tenant. The court aren't helpful, a court case can go on for more than three years, the period the judge is to give judgment, your tenant would have vacate, so who will pay then? Thereafter, i changed plans to deal with bad tenants that will say it to your face that, you can't do shit, i use my soldiers friends, ( the tactic is that, the soldier is my younger brother, just posted frm d north, n will be staying in d flat, no assault or physical enforcement at all) few times it worked but that almost got me into trouble the last time i used that tactics ,the day i visited a tenant with soldiers, few days after ,his wife lost a pregnancy of more than nine months, the tenant told me, it's those soldiers that caused his wife panics n made her lost d baby ( later got to know that the baby was over due, and they couldn't afford a CS operation ,so baby died) . Just imagine this Tennant is well informed n financially ok n took the case up, i cld have lose my freedom . The pains behind being a lagos landlord is sometimes more than the enjoyment, it could cause one HBP n more. Since then, I've been super careful dealing with tenants, they can cause u more than you bargained for. But capital NO, TBS won't give me all these troubles so i will stick to it until something bigger show up. If you encounter bad tenants once, you will pray they go with d money, just for peace to reign

So, did you sell off the properties?

zamirikpo:


My leader......i want to be like u when I grow up.

We need to talk outside here, I really need some trucking solutions from u. Pls indulge me.

send your email

Akin3891:



Your post got me to calculate my rent on my two houses, one since 2010 ,built nine years ago, the other for 7 yrs now ,after calculations, the first got me abt 40% money spent ,the second house got me abt 30% money spent. I've been to court severally as regards to two stubborn tenants, paid legal fee, during the space of ten years . I've received heavy punches from a bad tenant once, almost got my younger brother killed by same tenant. The court aren't helpful, a court case can go on for more than three years, the period the judge is to give judgment, your tenant would have vacate, so who will pay then? Thereafter, i changed plans to deal with bad tenants that will say it to your face that, you can't do shit, i use my soldiers friends, ( the tactic is that, the soldier is my younger brother, just posted frm d north, n will be staying in d flat, no assault or physical enforcement at all) few times it worked but that almost got me into trouble the last time i used that tactics ,the day i visited a tenant with soldiers, few days after ,his wife lost a pregnancy of more than nine months, the tenant told me, it's those soldiers that caused his wife panics n made her lost d baby ( later got to know that the baby was over due, and they couldn't afford a CS operation ,so baby died) . Just imagine this Tennant is well informed n financially ok n took the case up, i cld have lose my freedom . The pains behind being a lagos landlord is sometimes more than the enjoyment, it could cause one HBP n more. Since then, I've been super careful dealing with tenants, they can cause u more than you bargained for. But capital NO, TBS won't give me all these troubles so i will stick to it until something bigger show up. If you encounter bad tenants once, you will pray they go with d money, just for peace to reign

This is just sad.

Bros, please know that there are two categories of debtors (tenants):

1. Those Who CAN'T pay
2. Those Who WON'T pay.

None of the two options should ever be given a property for rent. While category 1 will disturb your peace and frustrate your goals with sob story, the other will frustrate and nearly suck out life from the lender (landlord). Category 2 is the most dangerous; unfortunately, most landlords have their eyes fixated on category 1.

You see these people in category 2, they are usually wicked, self-centered, vindictive, greedy and callous. These ones will owe you money, and organize Owambe in your compound. Although I'm a tenant (and do not own a house), experiences of others and witnesses have taught me to avoid these two categories, especially category 2.

In any way possible, please find a way to scrutinize your tenants. Not all tenants with cars will pay up #1500 Electricity bill as at when due.