₦airaland Forum

feelamong:
yes its FG guaranteed hMMM

this will bring in the wolves O!
This is much like what crashed the latest last time...

vacanci:
i was laughing when i saw NL1960 post when he said "There are people who liked to be called landlords (aka baba landlord) even if they are not really making money from their properties. Once you have a property, almost everybody in your family knows and....."

i didn't know that we have one of them on this thread.

Baba landlord, keep acquiring houses in your name so your family will know there is a legacy you left behind.

by the way, go and use compound interest calculator to find out what N23M will earn you in 20 years while you concentrate on side investments for cash. If you average 15%, you will end up with over N415M. how much do you think the value of N23M house will be in 20 years. I do know that cost of houses reaches peak and the next thing that happens is a curve, just like small letter n or upside down capital U. Just the way glass dey shatter.

abeg feelamong, NL1960 help me if i am wrong with this calculation

Power of compounding is undisputed.

I look at this frequently to remind myself of that power.

sunnydayasaba:
If an investment in Tbill primary market is done. Do bank issue certificates to the individual as prove on demand?

yes... If you ask for it.

GonFreecss1:
Definitely too much hope. Optimism is good but basing investment strategy on optimism is not a good way to go.

did you hear the news about CBN Retaining MPR at 14%?

That should tell you something about my basis for "optimism".

However, I am not optimistic, if anything.

Buying power is the same weather your money is in dollars or naira.
Except you are buying a commodity that it's pricing doesn't follow the dollar (local agro goods)
But even those are reducing fast!

I choose to gamble on treasury bills; it suits my temperament. And I understand it and it's "risks". That might not be same for everyone.

GOOD luck

GonFreecss1:
I am wondering, did you ever see me say "do not buy Tbills?"

This is why I dislike advising Nigerians. They become hostile towards the truth. The same reason why the country is in shambles today.

I just stated some facts about what we are all putting our money in, me included. Also the importance about hedging and the risk of higher rates, inflation and not considering buying power.

Tell me, are we only to come here to discuss how good 16/18% rates are good? How we are becoming richer? Without understanding anything about Tbills? Or factors that affect rates? Or why higher rates should make you scared? It's almost like investing in something and expecting more returns without understanding the implications or why there should be more returns.

I am sorry for saying the truth about our safe investment, Tbills. I am sorry for trying to make people understand money more. I am sorry for saying anything at all in the first place. I can see I might be the enemy to so many people's dreams of becoming rich through Tbills, I apologize.

from your previous post, you don't seem to realize the power of crude oil exports and the dollar earnings from it.

When you do, you will know why Nigerian treasury-bills is such a solid investment.

Hmm.. In short... When you buy treasury bills,
You are loaning government money and expecting to get
A cut from their total earnings.

So as long as Nigeria sells sweet crude she must pay up!

Otherwise, when next she needs money BEFORE her crude sales checks clear,
She will be begging us with higher rates!

Higher rates don't mean bad for us, it means the government needs money fast!


Understand the business you are doing and sleep like a baby.

Think of Tbills like building a house that is foldable and movable every year or less.

Grupo:
I seem to be the only one here who understands what you are saying.

Honestly, I can't call Tbills an investment.

then explain why our banks (only the top 5)
Put in over 267 billion naira in treasury bills last year?

Please explain what an investment means to you?

billtommy:
Good morning y'all, I must say this is the most educative tread on nairaland so far....kudus to all the stakeholders and everyone that has been making it so.
In order to tap into the ongoing discussion. Looking at the dollars rate, its obvious that the CBN has been doing a good job of saving the naira. My question is. What is the probability that the dollars rate will remain stable before the general election?
Will it be worth the risk?

it will remain stable : Buhari needs it to stay that way or his toast!

By the way, crude prices are looking OK for now so our dollar income is way above budget.. CBN can keep up with the defense.

Agbaletu:
We have many eggheads here. Well done guys! The argument is very healthy for our investment/savings.
Each time I see the money in my $ Dom account, it make me sad. Can't convert to Naira to buy Tbill. Bought at N400 and now it is N360. I have decided to forget it until something positive happens.

so you are down 11.2% so what? For how long?
Tbills is at 14+% right now.

Convert to naira and invest now and get 2% profit UPFRONT.
And please stop praying for bad things to happen to our naira - it
affects us all as long as you live in naija

Reinvest the upfront if possible to increase your profits.

Happy investing

Iamzik:
Another experience up there.
Both Tbill and forex have their own risk
The most important thing is to know WHEN(TIME) to invest and when to divest
QED

please what are the risks in treasury bills?

TEDHorsePower:
APC is a disaster

PDP is ain't any better

#iStandWithBuhari
#BuhariTill2023

JuanDeDios:
Someone killed 5,000 Hausas in Lagos? Is something wrong with you? Why are you politicians so reckless with your statements?

thank you very much for spotting the blunder
That removes credibility from that write up.

#iStandWithBuhari
#BuhariTill2023

Babygiwa:
So I spent the whole of yesterday night listening to the so called Saraki Audio as released by the APC propaganda machinery. The first thing that struck me was the source of the video. One Kayode Ogundamisi a renowned OPC members that supervised the killing of more than five thousand Hausas in Lagos but still walking freely!
Instead of diverting the attention of the polity with this video. The APC should tell us where Yemi Osinbajo an acclaimed pastor and his minions at NEMA kept the money they stole and why they had to award contracts without following due process. Can we also know why NEMA under the supervision of Osinbajo failed to distribute 160,000 bags of rice donated to Nigeria by China but left to rot away in NEMA warehouse!
Can we also know why Oshiomole sold Sheu Sanni's ticket for two million dollars through Hadiza Bala Usman. And for Hadiza, I have read her rejoinder to Saharareporters.com and I laughed. This is the same woman that has destroyed the nation's port and maritime industry.
As a Northerner, I advised that the Change government run an issue based campaign. We should ask ourselves why Polio had to come back to the North after we've won the battle. What has Buhari done for the North in the area of Education and Healthcare??

Buhari is our problem not Saraki! My dear Northerners please share until it gets to Buhari

Abdullahi Abdulsalam
Kano

http://revue.com.ng/the-ugly-situation-apc-is-trying-to-hide/

This is the excuse they want to use to put another northerner (FULANI) for the next 8 years.

AND worst of all, a well known corrupt and copious embezzler!

Westerners, easterners, Middle belt and South BE WISE!!!
Let Buhari rule for the next 4 years and let's have some time off from northern leadership in this country.

#iStandWithBuhari
#BuhariTill2023

It has begun! This election shaaaaa

codedguy1:
If you must know I didn't vote in 2015. But I would have voted Jonathan if I was available.

You should take your own advise!

I already did...
I will not join the popular demand again...

midolian:
http://dailypost.ng/2018/11/17/2019-presidency-shehu-sani-reveals-one-atikus-dangerous-intention/

3 GHOSA!!!
For Shehu!

HATIFU plans to buy our refineries and join the Onne port he controls!

Barawo

#iStandWithBuhari
#BuhariTill2023

codedguy1:
I am not a coward. I should vote someone I think is not competent just he can continue to exhibit his incompetence that might even kill more people.

If you want to die just for him to finish his tenure, you are free to vote for him.

Am pretty sure you voted Jonathan in 2015.
How did that go?

As the saying goes :
"repeating an action and expecting a different result is one of the most common definition of insanity"

GOOD luck with that.

#iStandWithBuhari
#BuhariTill2023

wintersnow:
I can take geography... I hold a degree in geography and environmental management

perhaps you should read my post again and see if there is Geography there.

codedguy1:
For what it is worth. If Inec for any reason declare PDP winner even if they win convincingly, Buhari will claim that he cannot hand over to them because of his "integrity"

If the whole of Nigeria decide to choose PDP buhari will not agree. That how bad the situation is.

Buhari is really not intelligent, so if PDP change their name to pqp then he will agree even with the same people in the PDP. He should just say he wants to perpetuate himself in power. But it will not stand.


So if Buhari finds himself in the same position as gej found himself he will rather thousands die than for him to relinquish power because of his "INTEGRITY"

WE ARE IN TROUBLE!

if you know all these, why fight it uphill?

Just vote him and his tenure will finish naturally and politically in 2023.
Or you want you or others to die again?

#iStandWithBuhari
#BuhariTill2023

ahiboilandgas:
tresaury bill ain't the only money market instruments ..read more on Nigeria debt strategy 2020

read more about the Warren Buffet strategy.

Excessive diversity can ruin an investor.

(if you know other instruments that guarantee 100% capital safety, with better ROI please do share. Thanks)

ahiboilandgas:
because bank employ people call risk analyst with huge salaries like wise rating agency score nation bb c.c to mitigate risk so that why we do risk analysis ...imagine holding Zimbabwe treasury bill from 2008 to date

how can you hold a treasury bill for 10 years, is it not a yearly investment medium?

If next year rates are poor, will one not invest elsewhere it'll rates go up?

HATIFU will not bring a free market economy... Instead, he will still all competition
As he tries to be the next Dangote.

And mind you, if HATIFU wins, he must borrow for so many reasons, he must.
We are here to lend him...

Even if he does something stupid like raise minimum wage to 66000
It will not affect us lenders negatively, because he will borrow to fund his budget. As usual.

This business model is air tight.

ahiboilandgas:
Nigeria has oil and gas but eyya Nigeria doesn't determine the selling price ....the price determinate are bent on making the oil useless and left on the ground or at most very cheap.. .if u know u know...but u might think u know but in real sense don't know

you left the investment part and focused on the political...
100% interest is more than achievable in 10 years doing treasury bills..
So why risk and speculate?

ahiboilandgas:
Things to watch out for where is the international money going (in or out) 2 watch the crude oil price above 70 ok (cost of production is 23 dollar and we share the remaining with mnc) look at the presidential candidate (free market or control markets )
..just don't dump naira in tb and go and sleep market are monitor daily for destructive signals

Sir,
You might be heavily mistaken there...

HATIFU is not a free market person o!

Just check what his doing at Onne with intels and you will know.
His American University, how many people do you who attend it?

ahiboilandgas:
if buhari win the control forex economy might continue cos he is anti free market ...meaning dollars might be kept low at 305 artificially till crude go to 100 dollars or dangote refinery stop importation...

aha!
Now you are talking like you know...

Cbn will continue to defend the naira.
We have earns in foreign currency, so we can sell dollar at any rate we choose.

If Buhari wants to crash dollar to 150 naira today... It's a choice.
(is that not what Ghana did some time back?)

#iStandWithBuhari
#BuhariTill2023

ahiboilandgas:
750 million euro (part of 2.8 bn euro bond )offered at 9.7 with 10 years maturity period...meaning if u invest 10000 euro u will get around 20000 euro in 10 years (without reinvesting the interest payment) by 2028 your 20000 euro will be @600 =1200000 naira initail investment 4200000 ....for proper understanding u need have long term experience 5 -10 not 1 to 2

If you invest in t-bills @10% from now till 2028 you will get better results
With less risk and more certainty

We are lenders and the government is our customer.
Nigeria has crude oil and gas.. So it will not default

The business model is very sound and well tested.

The Richest man in Babylon

If you know.. You know...

Modarun:
Lol what is wrong with you guys? I tot yall said GEJ ruled for 7 years?
Bros hunger knows no friend. its only Tinubu zombies that cant understand the word fairness and equity. If the rest of the country were as greedy as you lots, they would have chased you people out of Nigeria. When the rest of the country agreed to hand your people the post for 8years it was not an issue, all of a sudden you guys now think you own Nigeria. Pls other tribes have been in your present shoes and they were not this selfish o. Here is a fair calculation of how the South and North should balance the equation.

1.OBJ ( 8 ) + GEJ (6) (yaradua 2+ GEJ 4)= 14 years for South.
2.Yaradua (2) + Buhari (4)= only 6 years for the North.
3.Atikus ( 8 ) + yaradua (2)+ Buhari (4) = 14years to arive at The South (14) and the North (14).

LOL...
What happened?
You could not find the answer to my questions?

Let me help you with Google answer...
https://www.google.com/search?q=yar%27adua+death&client=ms-opera-mini-android&channel=new

You better buy some sense instead of data.

#iStandWithBuhari
#BuhariTill2023

ConciousRapper:
you're still standing with someone that hasn't done anything magnificent ever since he came into power. I think you should make the right choice bro. I believe Atiku will change things come 2019

he has done right in the eyes of many...
Just because it has not reached you doesn't mean nothing is happening.

All the doctors, teachers, ministry departments and agencies workers, governors, ministers, LGA chairmen, counselors, LAWYERS, SANS, Police, NSCDC, Army, airforce, Navy, port workers, customs, immigration, ambassadors, PAs, oloshos, etc

Are they and many more not getting paid?

When our brother (better pesin) was their, what more did he do?

Crude price fell, na Buhari cause am?
Naira is dependent on the dollar, na Buhari cause am?
Excessive importation, na Buhari cause am?

Buhari is not your problem, go and meet your senator and house of rep, and LGA chairman and counselors.
They are your basic problem.

#iStandWithBuhari
#BuhariTill2023

ConciousRapper:
I am really depressed right now. Due to the heat I experience everyday in my self contain. I started saving money to get a good 1 horse power Split unit. Now the problem isn't the AC anymore.. But electricity to run the AC. I can't afford to buy a good power generator that will be running the AC 24/7.

Ever since I bought my AC.. Its been hanging there in my room like an Art work. No electricity to run it. I have been sweating day and night praying for light to come so that at least I can enjoy the AC I bought. The worst is.. I leave my house to an eatery, pay for a drink just to enjoy their AC on sunny days. I've been doing it for 3 months now. The nylon on my AC is still there cos it hasn't been used. They only flash the light in the mid night when I won't be needing it. Sometimes low voltage.

I'm damn fade up with this country. I was at accra last week and I marvelled at a lot of things there.. Not like accra is better than Nigeria. But imagine how electricity was wasted there.. For the first time I ignored charging my phone even when the light was there cos it was fully charged.

Coming back to Nigeria, I started regretting..
Now today came as a nightmare. .. As I'm typing this
my singlet is soaked with sweat from my body.
It is very hot and there's no light

My AC is even sweating too.. Reason why I came here to ask y'all what it will really take for Buhari and its government to provide us a constant power supply.
How much will be spend to work this out?
Because I heard that a small town like Cotonou runs a steady power supply..

Then what more of a big country like nigeria?
Please.. Can buhari forget fighting corruption and give us just this one?

I don't care about the naira depreciating.
I want to be cooling off in my AC everyday esp in sunny times like this.

So I wanna know what it will really take Buhari to provide us constant power supply in our dear country

see... You are blaming Buhari!

Have you forgotten or have no knowledge of the fact that
It was ATIKU cut HATIFU that ate the 300 billion naira
Former president Obasanjo gave him to solve our electricity problem
Back in 2003 or so?

Please be careful o...

#iStandWithBuhari
#BuhariTill2023

EMMAACHILE:
I know of a local rice mill in Lokoja where you pay N2,000 as at early March prices for parboiling, drying and milling for a 100kg paddy bag. A good variety will yield about 75kg processed Rice. Unfortunately, the local variety yields are much lower as some will not get upto 50kg processed bags from a 100kg paddy bag.

I was told the machines can also destone but i cannot confirm that. Most small scale people use the common rice sack bags like Mama Tomato, etc. Another thing i noticed is that most farmers in this area plant the local rice variety and i told some of the ones I met that there should plant the improved type and their response was baffling.
"Oga where your own improved variety abi Na Government rice him dey talk?" No be grammar oh! Bring your own government rice if its good, we will buy from you and plant on our farms.

My late dad use to farm some hectares in Benue State in the late 90s and we were always using the improved variety as at that time. We normally had about a processed 100 bags stored in our store and used for years though some will given to close relations during festive periods.

If you must grow rice, buy the improved Faro varieties as i learnt the new upland and drought tolerant Faro 59 for example can give way over a tonne per plot with good agricultural management including use of fertilizers.

I see...
Thank you very much for your time and help..
I guess I should first start buying processed before growing.
Thank you again.

Modarun:
Lol what is wrong with you guys? I tot yall said GEJ ruled for 7 years?
Bros hunger knows no friend. its only Tinubu zombies that cant understand the word fairness and equity. If the rest of the country were as greedy as you lots, they would have chased you people out of Nigeria. When the rest of the country agreed to hand your people the post for 8years it was not an issue, all of a sudden you guys now think you own Nigeria. Pls other tribes have been in your present shoes and they were not this selfish o. Here is a fair calculation of how the South and North should balance the equation.

1.OBJ ( 8 ) + GEJ (6) (yaradua 2+ GEJ 4)= 14 years for South.
2.Yaradua (2) + Buhari (4)= only 6 years for the North.
3.Atikus ( 8 ) + yaradua (2)+ Buhari (4) = 14years to arive at The South (14) and the North (14).

hmm...
I refuse to be rude.

Please when did Yar'adua die? Exact date...
And what date was Jonathan sworn in to replace him a president?

Next, so you are joining Yoruba and ijaw together as SOUTH? Really?
On that I leave you to kontinu

#iStandWithBuhari
#BuhariTill2023

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