₦airaland Forum

RealityShot:
https://www.nairaland.com/1912965/mutual-funds/

All answers are there...

If you have up to 100k, start treasury bills.
Then invest interest in MMF.
And when interest and further savings reach 100k, put it in Tbills again.

----------
Someone asked for the best tenure for Tbills.

If you have less than 1 million, you should use 6months or 3months,
So You can be adding previous interest plus new savings and grow you capital.

If you have more than 1 million.. Just rollover with interest yearly ... Till you tire... Lol


...............

Someone said he earns about 1 million yearly (100k/mo)
And haven't saved 100k... Very true!

I fell from that horse and landed BROKE to no job and no money, no wife, house, car or Investment.

I lost the last 50k in the MMM SAGA. (funny, it was gotten by selling off my laptop!)

... WELL I moved into a room, took a job of 25k in 2016.
Luckily, I came back to nairaland to seek for SAFE investments
And I discovered this thread again.

I did not have a dime after paying my rent then...
But I decided to start saving 15k from June 2017...

Opened an MMF account and grew my funds..
Now I am almost at 500k.

I never saved that much at my BIG JOB at any point.


I give God all the glory for his blessing to persevere and for keeping EMERGENCY spending out of my life since then!


YOU CAN SAVE 60% TOO...


Japan became great when youths started saving massively!
The video is on YouTube.. By visualpolitik

GOOD LUCK TO YOU


P. S: ahiboilandgas... Warn them in advance very well O!
Before they will come back here to spoil your name
because they could not survive the risk of those businesses.

Your shock absorber must be very very STRONG!

RealityShot:
https://www.nairaland.com/1912965/mutual-funds/

All answers are there...

If you have up to 100k, start treasury bills.
Then invest interest in MMF.
And when interest and further savings reach 100k, put it in Tbills again.

----------
Someone asked for the best tenure for Tbills.

If you have less than 1 million, you should use 6months or 3months,
So You can be adding previous interest plus new savings and grow you capital.

If you have more than 1 million.. Just rollover with interest yearly ... Till you tire... Lol


...............

Someone said he earns about 1 million yearly (100k/mo)
And haven't saved 100k... Very true!

I fell from that horse and landed BROKE to no job and no money, no wife, house, car or Investment.

I lost the last 50k in the MMM SAGA. (funny, it was gotten by selling off my laptop!)

... WELL I moved into a room, took a job of 25k in 2016.
Luckily, I came back to nairaland to seek for SAFE investments
And I discovered this thread again.

I did not have a dime after paying my rent then...
But I decided to start saving 15k from June 2017...

Opened an MMF account and grew my funds..
Now I am almost at 500k.

I never saved that much at my BIG JOB at any point.


I give God all the glory for his blessing to persevere and for keeping EMERGENCY spending out of my life since then!


YOU CAN SAVE 60% TOO...


Japan became great when youths started saving massively!
The video is on YouTube.. By visualpolitik

GOOD LUCK TO YOU


P. S: ahiboilandgas... Warn them in advance very well O!
Before they will come back here to spoil your name
because they could not survive the risk of those businesses.

Your shock absorber must be very very STRONG!

eddyakinrinde:
The analysis is on point. But pls need ur advice here. I used to have 2 different tbills running around Dec last year. One is 5.1m and the other was 1.2m. When the rates was dropping then I thought I needed to diversify my investment so moved the one of 1.2m to mmf and the other one was put into another bills at 14% then and will mature in Dec. The one in mmf is with united capital mmf. By Gods grace I have bn able to add (top up) more funds to it since January and its now 3.1m still in the mmf. On the average the daily interest since past 2 to 3 months have bn 13% which is higher than the current annual rate for tbills (12.5).
So based on your advice, is it wise to book 3m tbills now and use the upfront to continue the mmf considering the current rates mentioned or just leave the funds like that in the mmf.
Pls everyone's advice is appreciated.

Desanta:
Your TB of 12,5% gives a true yield of about 14.3%.
I think you should move your money to TB and leave your emergency fund with MMF.

eddyakinrinde:
But pls I don't understand the term true yield yet, do you mean after reinvesting the interest and compounding?

eddyakinrinde:
The analysis is on point. But pls need ur advice here. I used to have 2 different tbills running around Dec last year. One is 5.1m and the other was 1.2m. When the rates was dropping then I thought I needed to diversify my investment so moved the one of 1.2m to mmf and the other one was put into another bills at 14% then and will mature in Dec. The one in mmf is with united capital mmf. By Gods grace I have bn able to add (top up) more funds to it since January and its now 3.1m still in the mmf. On the average the daily interest since past 2 to 3 months have bn 13% which is higher than the current annual rate for tbills (12.5).
So based on your advice, is it wise to book 3m tbills now and use the upfront to continue the mmf considering the current rates mentioned or just leave the funds like that in the mmf.
Pls everyone's advice is appreciated.

konklushun:
Please how soon do I get interest payment for secondary market.

ahiboilandgas:
yes I like chykers but not beggars ....sex/woman are less of my worries am not even attracted to Nigeria girls so I ended up with a north african

missjekyll:
you,you get time o. see as you just open everything for internet with the name of your company there for all to see.

I pray you remain safe from kidnap and all sorts. Let him doubt now,wetin concern you

Bravedude112:
Immediately the tbills is processed,provided you request to receive your interest upfront.

RealityShot:
please move that fund to Tbills now.

The true yield of Tbills is higher.

You will effectively invest N2728000 to get N3100000 at the end of the year. That is 13.6% True Yield.

Plus you can also put that N372000 upfront interest in Tbills and earn about N45000
Which you can then put in your MMF.

MMFs make money by keeping your upfront interest and investing it for their own gain. LOL...

they are not bad.. It's just their compensation for letting you have access to your funds any time.

brandable:
Common sir, you're not fit for this, to be dragging issues with that lady. If you had gone through most of her post you would have seen that she looks for trouble in any thread she goes to, then you would have ignored just like how aremso has done. Biko let it pass. Thanks

RealityShot:
https://www.nairaland.com/1912965/mutual-funds/

All answers are there...

If you have up to 100k, start treasury bills.
Then invest interest in MMF.
And when interest and further savings reach 100k, put it in Tbills again.

----------

walcolm:
I went back 2 or 3 pages and I don't see gutter language in her post like the one you just used on me in your post above so I'm wondering what your definition of gutter language is? I saw clarifications, humor and apologies in some cases in her post...

so what's your definition of gutter language because it seems calling someone pussywhipped is your definition of high society speak

Her posts says she's a lot more cultured than you at the very least

gilbert1:
how much interest will I get from 100k treasury bills, that's to say what's the interest on tbills like

dake40:
Hi. What's your take on "I invest" app by Stanbic bank?.

eddyakinrinde:
The analysis is on point. But pls need ur advice here. I used to have 2 different tbills running around Dec last year. One is 5.1m and the other was 1.2m. When the rates was dropping then I thought I needed to diversify my investment so moved the one of 1.2m to mmf and the other one was put into another bills at 14% then and will mature in Dec. The one in mmf is with united capital mmf. By Gods grace I have bn able to add (top up) more funds to it since January and its now 3.1m still in the mmf. On the average the daily interest since past 2 to 3 months have bn 13% which is higher than the current annual rate for tbills (12.5).
So based on your advice, is it wise to book 3m tbills now and use the upfront to continue the mmf considering the current rates mentioned or just leave the funds like that in the mmf.
Pls everyone's advice is appreciated.

Desanta:
Your TB of 12,5% gives a true yield of about 14.3%.
I think you should move your money to TB and leave your emergency fund with MMF.

yemkaf:
Plz I haven't understand the scenario of the yield and true yield about Tbills, is there anybody there that can make this clear to me. Thank you in advance

Sezua:
please can we talk on WhatsApp? i sent a pm already.

yemkaf:
Pls sir which bank or investment house do you use in trading your treasury bills, I have MMF account with United Capital already and had some funds there. But I am expecting a fund soon and I'll like to make use of the advice provided by @realityshot so I need a bank/investment house that have good bidding rate lately. I am expecting a quick response from anybody. Thanks

phunix:
Good evening great minds! Hope hustle & bustle yielded desired gains?

In quandary: which Tbill tenor in the long run is better yield-wise?

Ahiboilandgas I Dey gbadun your experienced pedagogy. Thumbs up!

All my fellow guys ekene nu o!

aremso:
i have been in this stocks stuff for over a decade and the worst was experienced in 07/08 in which i learnt my lession in a very hard way but i will not say cos there is plane crash i will not board aircraft again. Go and reseach it as aside the global economic melt down of 07/08 zenith stock has not gone below #10 and gtb has not gone below 14 pls u can take the pain to confirm. am a risk taker i know the time to enter and exit i pulled out 8.2m from stock into TB after 450k div and now those stock are going down. so know the entry time and exit time. I love the game as taught by my mentor warren buffet. am hoping to get 3m from stock as gain next yrs by God grace

RealityShot:
364 days

reservd:
Are interest paid upfront in both the primary and secondary market if requested? Is there any advantage if you do not request for interest to be paid upfront?