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RayRay06677's Posts

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InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 7:38pm On Oct 16, 2022
268 days for 15.89.....%

DLM commercial paper
InvestmentRe: Mutual Funds by RayRay06677(m): 8:02am On Oct 08, 2022
Standing by here
EducationRe: Appeal Court Orders ASUU To Call Off Strike by RayRay06677(m): 2:32pm On Oct 07, 2022
You can take a horse to the river but cant force the horse to drink water. After resumption, what else. Final stage of the decay in education commences under APC
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 10:51am On Sep 26, 2022
He was right. Stop rate gives max rate for that bidding. If you bid within the range, you get what you asked for but if outside range your bid is deemed failed and your money returned to you. That's the reason different banks get different rates on same auction.

If you have 50m and above, you can place your bid independently from the bank, if within range then you get exact what you asked for.

Thanks for reading my submission though not professional.
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 6:28pm On Sep 09, 2022
comatekeke:
Risk of default.
The company goes out of business
Both are unlikely but still possible.
I will only invest in a secured CP hence the ratings accompanying the adverts. I think amount is based on value of company or assets on ground that can be liquidated to pay off.
Experts should please explain further, thanks
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 11:31am On Sep 09, 2022
comatekeke:
You forgot to add Commercial paper are far riskier than TB.
What are the risk.
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 9:56am On Aug 31, 2022
NL1960:
Which bond is 19%?.

InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 4:56pm On Aug 30, 2022
CP for 270 days @ 14.7025%
Bond for 7yrs @ 19%, Capital repayment every 6months after 18months for the rest of the tenor. interest biannually.

"Things are getting better" 2x
"For the Lord is on the throne"
"Things are getting better" 3x
"Hallelujah"

Oya sing along.
CrimeStolen Vehicle by RayRay06677(op): 6:48am On Aug 18, 2022
Stolen 25/7/2022 at Uyo, Lexus GX 460. Any info is appreciated
CareerRe: How Much Are You Earning Monthly from The Job You Are Doing Presently by RayRay06677(m): 6:24am On Aug 18, 2022
SKIBiNSKI:
whatever man! You clearly cannot handle other people's opinions without feeling offended, you look for offence where there are none.. again i don't care! how was i supposed to know what your entire salaries are and if you earned other than your so called salaries? I understood based on your assertions. Most people would class their whole earnings as their salaries, income but apparently that isn't the case with you. grin
"Income refers to the remuneration a person gets from any source in the form of cash, dividends, shares, profits etc. Salary refers to the money/cash that an employee receives from their employer in return for the services they provide."

If only you will be humble, you will learn more.
As assignment: go back and do your comprehension task.
CareerRe: How Much Are You Earning Monthly from The Job You Are Doing Presently by RayRay06677(m): 8:40pm On Aug 17, 2022
RayRay06677:
Question is how much you save in a month? I save my entire salary, doing same since 2018. Result is awesome.
"Entire salary"
CareerRe: How Much Are You Earning Monthly from The Job You Are Doing Presently by RayRay06677(m): 8:37pm On Aug 17, 2022
SKIBiNSKI:
Look! You didn't have to elaborate, i don't care! The dispute was you claimed to save your entire earnings, perharps you didn't understand what that sentence means, now you hava admitted to having "spendables" so you did buy new shoes, cloths amd food.

I don't want to learn how to make money, i am quite happy and contented with what i do for my earnings. It isn't about how much money one makes, it is how useful the money you made are to you.
While on the ill manners, learn comprehension, it will help a lot.

I said i save my entire salary and not my entire income. I wish you what you wish yourself.
CareerRe: How Much Are You Earning Monthly from The Job You Are Doing Presently by RayRay06677(m): 8:14pm On Aug 17, 2022
SKIBiNSKI:
grin cheesy cheesy total rubbish!

How can one save their entire earnings NO expensis? You must be living in cuckoo land. And you want to teach me how to make money. grin grin grin
Now its a question, despite still not humble enough, let me elucidate for the sake of other readers.
I started investment in money market in 2017 when we had double digits interest. I previously had cars but left cars dormant and resort to public transport, sold off some landed properties that got buyers and make sure nothing less than 70% of my salary was invested(thanks to my late wife for the understanding and support). After a calendar year, I had maturities every month which I consider as my 'spendable'. Ever since then, I dont take from my salary but from the interest from my investment and I am behaving like pastors now as I take first fruits and reinvest the rest. The goal is to get up to 3rd fruit and use only a portion.

Its always difficult at the beginning but if you pay the price, you will definitely reap. You might not achieve that independence as quick as I did but you can set a target and work it out.

This is online, the only reason I am stating this much is to encourage others, thanks.
CareerRe: How Much Are You Earning Monthly from The Job You Are Doing Presently by RayRay06677(m): 7:53pm On Aug 17, 2022
SKIBiNSKI:
I am guessing you must be wearing the same shoes and cloths since 2018 and according to you, you have not even bought food since 2018. cheesy
You are not asking so I wouldn't dash you free knowledge because you wouldn't appreciate it, the least you can pay for it is humility which you lack. Have fun or cruise, which ever.

People like this will never visit investment thread in this same Nairaland to better their future.
CareerRe: How Much Are You Earning Monthly from The Job You Are Doing Presently by RayRay06677(m): 7:21pm On Aug 17, 2022
Question is how much you save in a month? I save my entire salary, doing same since 2018. Result is awesome.
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 6:59pm On Aug 17, 2022
emmasoft:
You just have to help me o anyway you can.
I'm in a fast-moving boat now but it's safe and the destination is sure.
I am coming, you are among the few trustworthy Nigerians. I wish we can encourage you.
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 5:09am On Aug 12, 2022
ojesymsym:
That 2 kobo is often not something to concern you either when buying for investment or determining the value of your share. What you really have to keep an eye is the price it is sod on the stock market, the price you bought and perhaps dividends.
But, if you are asking just for the knowledge then I will throw in my few cent.
Each company traded on the stock market is broken into bits called shares and each of those bits is assigned a value which corresponds with that 2 kobo you just referenced.
However the price on the stock market is a reflection of what the market think the price should be. So when that price was 169 naira, that was what buyers and sellers were willing to offer for it. Ditto for now that it is 200 naira
Thank you my brother, its transparent now.
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 8:57pm On Aug 11, 2022
Wapgod:
google it "investopedia nominal value shares"
you don give me assignment like this ooooo, make i find expo

"In economics, the nominal value is the unadjusted value of an asset without taking into account deductions and premiums, such as expenses, taxes, and inflation. It is in contrast to the real value of an asset, which considers deductions and premiums"

Now is this not equally confusing, my brother na dy/dx i learn for school so treat my query like say na primary school pikin you dey help out.
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 4:49pm On Aug 11, 2022
Wapgod:
That's the nominal value.
Sorry sir, it's my first time on shares, just did it for learning. I don't know anything about shares.

I don't understand "nominal', help a brother,thanks.
InvestmentRe: Mutual Funds by RayRay06677(m): 4:46pm On Aug 11, 2022
benedictuyi:
This your question nr clear.

Do you mean ₦5.60 per share OR ₦5.60 per 2 shares?
They said per 2 Kobo share, which share is 2 Kobo?
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 8:40am On Aug 11, 2022
igbizen:
N560

10% WHT (tax) = N56
Net inflow to ur acc = N560 - N56 = N 504
Please why are they calling it a 2 Kobo share where price is above 200 and was bought at 169?
InvestmentRe: Mutual Funds by RayRay06677(m): 9:23pm On Aug 10, 2022
Good evening house, please if one has 100 shares of MTN, at the current dividend of N5.60 kobo per 2 kobo share , how much will the person be expecting? thanks
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 9:21pm On Aug 10, 2022
Good evening house, please if one has 100 shares of MTN, at the current dividend of N5.60 kobo per 2 kobo share , how much will the person be expecting? thanks
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 5:10pm On Jul 25, 2022
skydiver01:
Was expecting this on Friday 22 July but it dropped today. wink
Na una make naija broke, una no want politicians see money steal, congratulations snr man
BusinessRe: CBN Raises Interest Rate To 14% by RayRay06677(m): 3:57am On Jul 20, 2022
Bad for borrowers and good for investors. Start investing today to avoid premium tears each time govt farts. Better days ahead
InvestmentRe: What Is Causing Bitcoin’s Consistent Decrease In Value? by RayRay06677(m): 2:33am On Jul 10, 2022
Nice topic but my question is why was it rising before? Who controls this shit and who decides our fate.
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 11:21am On Jun 11, 2022
Itsrm:
Except you buy and keep without registering, ( and that has its own issues) a vehicle you bought at 2m will not sell for 3.5m. At least, not yet. You'll be lucky to even sell at 2.5m

However I understand your point and my only regret is allowing people talk me out of buying a lot more vehicles on bolt when I wanted to.

Unfortunately the prices of those vehicles have now gone over the roof
This is naija, a vehicle bought 2 years ago at 8m is sold for 9m after use. Dollar is not smiling. Though the 9m is far more useless than the 8m back then.
SportsRe: Update On Eket Township Stadium, work still ongoing .. Photos by RayRay06677(m): 10:48pm On Apr 24, 2022
nesgeeek:
U are deceiving yourself. if u have ever leave in Lagos and Ogun State, u will understand that Akwaibom have a long way to go.
Your argument was that it's because of no jobs that cultism flourish. Ogun state, no, Lagos yes and I still don't like Lagos compared to AKS. The max time it takes you to move from one extreme to the other in AKS is an hour. No traffic gridlock can keep you for more than 5mins. No foul smell along the streets. Easy going town, criminality is almost zero compared to other states. I can decide to drive to anywhere at midnight, no fear of robbery along the road. I can't speak for cultist, if they like they should kill their selves all.
Based on your submission, I only said Lagos has more jobless people as it's cultism matters are of internationally home grown proportion. Awawa, one million boys, one billion boys etc. Which one is home grown in AKS?
SportsRe: Update On Eket Township Stadium, work still ongoing .. Photos by RayRay06677(m): 9:43pm On Apr 24, 2022
nesgeeek:
what are u saying? The amount players in those teams are not up to 0.5% of the Akwaibomite who are in need of job or jobless. the rate of cult groups and crimes in Akwaibom is so alarming because of the youths are jobless. Governor Udom have to think critically on how to solve the problem unemployment in Akwaibom state.
Joblessness is your reason for cultism means Lagos is home of joblessness as AKS have not made the waves awawa boys, I million boys etc are making in Lagos. I am happy we are begining to have stars that plays abroad from our local league. The idea is to export our boys. Scouts are regularly in the state for talent hunts. You will never appreciate this from afar come over on a match day if you will see a hotel room. If you are interested in watching CAF games, kindly start now to book else you will sleep in a club, that one dey.

Now we are extending this possibilities to other parts oF the state, result will be even economic development. E go shock you few years from now. Mfon Udoh comes to mind
EducationRe: Isn't This Too Much For A 4year Old. by RayRay06677(m): 9:32pm On Apr 24, 2022
Sterope:
If you were born in 90s, many kids I know started school before 4 years old.
Sorry, 70s
FamilyRe: Family Depriving My Right: Is It Possible To Charge Them To Court? by RayRay06677(m): 9:21pm On Apr 24, 2022
DarlingtonC:
Fix the burial date, inform them and proceed with all arrangements.

SPEND MONEY TO HIRE ARMY AND BOUNCERS TO COORDINATE THINGS UNTIL THE BURIAL IS OVER
Army and body guard dey protect from spirits. It's like you no dey watch Nollywood. You think those scripts are written from the blues. A single drop of ethanol and few words will end the matter for him head.

Pikin wey no Sabi wetin kill him papa go soon join the papa
FamilyRe: Family Depriving My Right: Is It Possible To Charge Them To Court? by RayRay06677(m): 7:40pm On Apr 24, 2022
What will be your reaction if your brothers son takes over this your father's property without your consent?

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