Jesusbabygirl:
It is not advisable to be stating amounts on a public forum. It has been repeated several times on here. Please be cautious. You can make your point without that.

To your question, bonds tend to have higher yield because of their longer tenor. However, because it is difficult to predict what inflation will be over the course of the 10 or 20 or 30 years tenor, it just be might be better to invest in tbills (a year tenor) and keep rolling over. That way, you can always re-evaluate every year what makes sense.

feelamong:


This is Eurobond Fund.......Not purchase of actual Eurobond.

This is more like investing in Money market funds (which invest in Tbills and other short term money market instruments like CPs) and not buying Tbills directly.

shogbenga:
Good day Gurus, pls I need your advice. I am selling a property and I expect about 18m from the transaction. Selling because of tenant issue. In fact, deposit has been made by the buyer.
Kindly advise on which to invest the money on between TB and Bond. I am ready to go long term as far as 20 years considering the proceed is from a property. Which one will give higher returns. Thanks

DaBogu:
There are no cabals in the banking sector.

tijusegele:


I end up moving my money from fidelty bank to first bank n I did a 104day @ 10.3% but I told dem to pay all my cash at the end of the 104day

Was that a good move also pls guy how much am I expecting wth my 1.1m invest because I didn’t wait to ask much question from the bank

Jesusbabygirl:
It is not advisable to be stating amounts on a public forum. It has been repeated several times on here. Please be cautious. You can make your point without that.

To your question, bonds tend to have higher yield because of their longer tenor. However, because it is difficult to predict what inflation will be over the course of the 10 or 20 or 30 years tenor, it just be might be better to invest in tbills (a year tenor) and keep rolling over. That way, you can always re-evaluate every year what makes sense.

kamsy4God:

You are very right, especially Firstbank they will so frustrate you ,.
They made me move my funds to Stanbic. I must say that stanbic is the best from my experience so far. I just walk in to bank, ask for Tbill form, fill it and it's done. I have been doing this for 3yrs, with stanbic both primary and secondary market.

shogbenga:
Good day Gurus, pls I need your advice. I am selling a property and I expect about 18m from the transaction. Selling because of tenant issue. In fact, deposit has been made by the buyer.
Kindly advise on which to invest the money on between TB and Bond. I am ready to go long term as far as 20 years considering the proceed is from a property. Which one will give higher returns. Thanks

Thisnut:
for long term, FG bond Is a terrible ideal, I'd advise you check into euro bond. In the past 20 years , naira has been devalued by 6049%

In 1999, one dollar was 5.5 naira, now it's 360. The percentage change is
360-5.5/5.5×100=6049%

For 20year there is a high chance that naira would have be devalued from 4000% to 8000%



For short term you can do treasury bill and watch for inflation.

reservd:

U wl hv issues when u want to withdraw ur money if ur KYC isn't authenticated by then

tijusegele:


I end up moving my money from fidelty bank to first bank n I did a 104day @ 10.3% but I told dem to pay all my cash at the end of the 104day

Was that a good move also pls guy how much am I expecting wth my 1.1m invest because I didn’t wait to ask much question from the bank

Joy83:
Hello boss,
Please, my KYC has been approved yesterday. I am finding it difficult to fund wallet through MasterCard. I keep getting error messages.
Do you know how I could overcome this?
Thanks

reservd:

Use other options, I used the direct transfer stating my customer ID as reference, it took less than 30mins to reflect in my wallet though on a weekday dnt Knw if same wl apply in a weekend

RealityShot:
i wonder how "a whole DaBoGu"
doesn't know about banker's CABALS...
lolzzz



please there is a thread for i-invest...

see my signature for link.

thank you

reservd:

Use other options, I used the direct transfer stating my customer ID as reference, it took less than 30mins to reflect in my wallet though on a weekday dnt Knw if same wl apply in a weekend

Joy83:

I did, and wallet was credited within 5 mins

ibechris:




U are on point...I think u should be expecting like 21k

igbizen:

Your money is involved and you didn’t wait to ask much question- this is strange, hard earned money.

Thisnut:
for long term, FG bond Is a terrible ideal, I'd advise you check into euro bond. In the past 20 years , naira has been devalued by 6049%

In 1999, one dollar was 5.5 naira, now it's 360. The percentage change is
360-5.5/5.5×100=6049%

For 20year there is a high chance that naira would have be devalued from 4000% to 8000%



For short term you can do treasury bill and watch for inflation.

ahiboilandgas:
pls correct your self 1 dollars was 55 naira...cos 1 used to change 100 dollars for for 8 k then...

emmanuelewumi:




Thanks, you also observed the mistake he made concerning the exchange rate in 1999

ibechris:




They call them profiteers...and these people are better referred as cabals in Nigerian parlance.
Therefore,the guy above is very right.

tijusegele:



For real how do they calculate it, that is a total waste of time juz 21k

Joy83:
I have actually uploaded all documents and details. It takes how long for the authentication to be completed sir? I am eager to invest as soon as possible today, since my bank has been playing me since. I subscribed since last week and I am yet to be debited. I went there yesterday also, and they said I will be debited yesterday.

Thisnut:
for long term, FG bond Is a terrible ideal, I'd advise you check into euro bond. In the past 20 years , naira has been devalued by 6049%

contumely2:

What are you saying?
So what will happen if he mentions 100m? He will be kidnapped?

So all these bank staff that know people's account balances nko?

What about Otedola, Dangote etc

Don't be a scaremonger. Don't say rubbish here!

Omonigeriarere:


Parthian Partners should hire me as digital marketer, even if it is on part-time basis. Even there MD cannot boast of being knowledgeable than me about the platform.

DInkMan:


Verify and edit accordingly.
I observed the google search result gave you the value of one thousand nine hundred ninety-nine Naira Forex exchange rate
as at 13th of September. $1 = N361

Therefore, I align with the observations of the veterans @Ahiboilandgas and @Emmanuelewumi.

Thisnut:
for long term, FG bond Is a terrible ideal, I'd advise you check into euro bond. In the past 20 years , naira has been devalued by 6049%

In 1999, one dollar was 5.5 naira, now it's 360. The percentage change is
360-5.5/5.5×100=6049%

For 20year there is a high chance that naira would have be devalued from 4000% to 8000%



For short term you can do treasury bill and watch for inflation.

Thisnut:
it seems you guys are not getting the message. It is not a debate and I'll not verify and edit my point. I had made my research from result on Google search, sure Google could be wrong, but you guys fail to acknowledge the point and message.

Wether naira was 5.5 to usd or 55 to usd in 1999, the point still remains valid that over the past 20yrs that naira has depreciated geometrically and if the trend continues which is most likely, it would be better to keep your money in the major world currencies over a long period of time.

DInkMan:


Information here are often based on facts and figures. If it is on emotion it is better you post it in politics section. People reference and revert to messages here year on year.

There are times people do comparative analysis on TB rates and still come over here, years after it has been posted. Foreigners and potential investors in like manner too access this thread. Do we scare them with past & erroneous astronomical devaluation value of above 6000% in lieu of 378.95% or with a potential rise in next 2 decades by 4000-8000%?

What we are saying is that the information you posted above is false. In 1999 it was never 5.5 naira to a dollar!

Lastly, If you don't get our points, then have a nice day.