ukay2:


I have been in bond market since year 2000....no stories from FGN so far.

Bond investors are paid their coupons and capital repayment before paying FGN workers salaries

Some of my friends have FGN Bond 2049, 2050....and still waiting for FGN Bond 2090.

But if your not interested in FGN Bonds, your free to opt out.

Cheers! !

emmanuelewumi:



Dr Ukay is someone I know, his annual coupons is more than his annual salary courtesy of his bond investments in the last 20 years.

ukay2:


I have been in bond market since year 2000....no stories from FGN so far.

Bond investors are paid their coupons and capital repayment before paying FGN workers salaries

Some of my friends have FGN Bond 2049, 2050....and still waiting for FGN Bond 2090.

But if your not interested in FGN Bonds, your free to opt out.

Cheers! !

Crazeworld:
Excuse me sir, please what's the meaning of coupons in investment?

odimbannamdi:


Wow!

Why would someone commit their money from 30 years?? Such confidence! What if Naija disintegrates tomorrow.

Well different strokes for different folks. I respect their decision

emmanuelewumi:
Nothing gives an employee a peace of mind like when you know you invest all your salaries, spend part of the returns from your Investments and your Investments give you more income than your salary

confluence:
Your words of wisdom is a blessing to those who can decern it, please sir can one open more than one cscs account

AdaoraNK:


Black market was 450 yesterday

odimbannamdi:


Wow!

Why would someone commit their money from 30 years?? Such confidence! What if Naija disintegrates tomorrow.

Well different strokes for different folks. I respect their decision

ukay2:


I have been in bond market since year 2000....no stories from FGN so far.

Bond investors are paid their coupons and capital repayment before paying FGN workers salaries

Some of my friends have FGN Bond 2049, 2050....and still waiting for FGN Bond 2090.

But if your not interested in FGN Bonds, your free to opt out.

Cheers! !

emmanuelewumi:



Do you have one?

ukay2:


I have been in bond market since year 2000....no stories from FGN so far.

Bond investors are paid their coupons and capital repayment before paying FGN workers salaries

Some of my friends have FGN Bond 2049, 2050....and still waiting for FGN Bond 2090.

But if your not interested in FGN Bonds, your free to opt out.

Cheers! !

XiaoLi:
I'd rather convert my idle cash to $ and earn 5% annually instead of doing bond of 10 years and getting 15% coupon annually!

confluence:
Yes sir am currently out of the country and the funds I wanted to use will mature by ending of june, please don’t mind my too much questions I have looked at that United capital you advised for WILL I did not see a link for that

emmanuelewumi:


You can have as many CSCS accounts as possible, but it is advisable to have just one Clearing House Number

XiaoLi:
I'd rather convert my idle cash to $ and earn 5% annually instead of doing bond of 10 years and getting 15% coupon annually!

confluence:
Ok sir, what about the United capital will writing

emmanuelewumi:


Whaoo, you are already thinking in that line. Any lawyer can help you, just that some of us like dealing with institutions

emmanuelewumi:
Nothing gives an employee a peace of mind like when you know you invest all your salaries, spend part of the returns from your Investments and your Investments give you more income than your salary

emmanuelewumi:



If you earn Naira and have dollar expenses eg school fees, rent etc, it is better to convert about 70% of your earnings to dollars and dollar denominated investments.

XiaoLi:
I'd rather convert my idle cash to $ and earn 5% annually instead of doing bond of 10 years and getting 15% coupon annually!

XiaoLi:
Without dollar expenses like school fees e.t.c i will still convert my idle cash to $ and invest in $ denominated investments, Naira devaluation have really shown me shege, once there is a devaluation of naira most of your profit in naira denominated investments will go fiamm!

XiaoLi:
I'd rather convert my idle cash to $ and earn 5% annually instead of doing bond of 10 years and getting 15% coupon annually!

emmanuelewumi:



If you earn Naira and have dollar expenses eg school fees, rent etc, it is better to convert about 70% of your earnings to dollars and dollar denominated investments.

mra123:


Hello sir,

Would you please advise on how to make such investment in dollars at 5%?

Thanks in advance

9jatriot:
Bros, 2000? that is 20 years ago.

Some of us only knew the word "Bond" as the past tensed of Bind not in terms of money as at the year 2000.

emmanuelewumi:



Ask Xiaoli.

FG has Sovereign Eurobonds, you will need minimum of $100,000 to $200,000 to buy them in the primary market, your best bet might be Eurobond funds

mra123:


Hello there,

Would you please advise on how to make such investment in dollars at 5%?

Thanks in advance

Grupo:


Hahaha. That was why I was asking if there were under 30 guys here the other day.

Let me not lie, in 2,000, I was in primary 3. Hahaha.

XiaoLi:
I think It depends on how much you want to invest? I currently have commercial paper with FBN quest, you can contact them to inquire the minimum amount they will accept as i don't know if this investment porfolio is available for small investors. You can also do sovereign eurobond. This is the message i received from FBN quest"Hello ..,There are 11 Sovereign Eurobond options with different maturities and yields. Yields may vary from as low 3.5% to possibly as high as 6.5% or even more depending on the Bond price and maturity" better you contact FBN quest but i'm sure they will have something for you.

ojesymsym:
Wow... And you are here thinking investment, lucky you to start early.

Make sure you marry someone with similar investment mentality and not those high maintenance slay queens otherwise you will find yourself liquidating all your investments one by one.

In short, before you marry, carry her come here for screening because I don't trust you, by the time they rub your head two times, you go release ATM password and account login details.