₦airaland Forum

feelamong:
Also add the custody charges for holding the Tbills for you

CompareDBest post.8=75878097:
"Some people" are correct. There is NO cap to your loss. With the extreme example you gave, you can lose a good % of your capital. Let's do some simple math without taken charges into consideration:

capital - N100k
tenure - 364 days
discounting - 10%pa
rediscounting - 18%pa

You get N10k upfront, N90.u i
8.
huh



.iuu
U
U

k deducted. N100k to be credited on 364th day
Day 100, pre-liquidation - some banks (not sure if all) tell you the rediscounting rate so you can reconsider or accept & write formal instruction
The instruction needed to terminate your investment would be N100k @ 18% for 264 days. Your capital and upfront interest needs to fund all of it. That is give N(100*18/100*264/365)= approx. N13k upfront interest to the secondary market buyer.
So you get N110k - N13k = N97k. But, we did not consider charges, so you actually get less

This is why if you scour through this thread, you will tire before you find any of those stalwarts of investment you asked this question saying they pulled their funds halfway. It is an unwritten rule. Understandably, it is only broken as a last resort.

However, the opposite situation can also arise, and some investors use these as opportunities. Imagine you had 1bn and rates fell by 2% in a week; in 7days you could earn 2% of 1bn by rediscounting in the secondary market, give or take some charges.

shefflaw:
Download freemake video converter nd enjoy..
it convert and burn on cd's

adeniyisamuel59:
I thought you said going cheap; what is cheap about 1.8 approximately for Matrix 2007

Bestrides:
Neatly baked, first user, buy and drive. Ajah..

johnseno:
1.6m

computerglobal:
It is always a good idea to take a used car to a mechanic before you purchase it. Even the best of all mechanics may not be able to tell you everything that might be wrong with the car. Car can be salvaged, flooded, rebuilt and junked and more

Get a comprehensive vehicle report today

Contact us on Whats-app now . Just a click away.

https:///+2348060365068

Call/Sms/Whatsapp (Vin/chassis) to +234 - 806 -036 - 5068