₦airaland Forum

Creditalerts:
FirstAlly myinvestar paid their dividend yesterday wow investment is really sweet

Donbrig:
Forget about investments for now, let us enter 2026 with thanksgivings, lets thank God for His grace and mercy upon our lives, na who dey alive dey invest money.. Even all the fund managers are thanking God they survived our endless complaints and bantering.

bassdow:
if that's the only account accessible to you, then so long there's a place to enter your eAccount ID, you shouldn't have any issue. Worst case, they would give you a call to confirm it's actually You.

Additionally, could be more helpful sending them the confirmation screenshot via email and giving a followUp call during the business days to ensure they act quicker.

Mind you, during these holidays, expect services / responses to be slow.

Myself have always used quickTeller. Guess I might have been the very first person to do so because they really tried all they could to stop me until they gave up. Nowadays, we both have gotten used to each other sometimes they no longer even give any call BUT the money always reflects.

Jayce242:
I thought Stanbic ibtc sent virtual individual account for top up to subscribers without using your eAccount as reference?

Preator:
Nope, Cowrywise.

For Stanbic, i just "trust" that its been added. Energy to track the daily rates and increase no dey

t33why:
No it's not Stanbic, that's cowrywise

Preator:
They responded that their engineers are looking at it but the money was added nonetheless. I haven't had time or energy to verify if that is so.

bassdow:
You get time to dey check those things. I rarely do have time to check at all.
Well the falling simply means economy don dey better than e dey before. It's expected except you're new in this. High rates means all isn't well with the economy and vice-versa

cucumbar:
Dry bones shall rise again .

Weep not, child ! 😁😁

ytdivine:
Which means Stanbic MMF @19.40 or so is better

alezzy13:
I have used them for a number of years and would rate thier services very highly.

Customer service is top notch and rates are comparable. Currently thier MMF is 20.9%

Locotrader:
Tomorrow being Tuesday is critical in our decisions.

Those already on 100%,remember that pullback can take 20-30% away from you before you can find a new support.

No call Loco on any insurance stock if you are a trader already on 100%.Thunder is not far to bury you alive if you try rubbish

heavenisreal18:
Good Afternoon
I had to be at the bank physically yesterday,so I got the e-account in my mail today but doesn't come with a password.
Secondly I am trying to bind my phone with the app but is just bouncing back
Lastly, will I just transfer directly from my account to the E - account help a newbie. Thanks for your previous assistance

Neurotika:
Let me say this for those at the back.

I’ve observed that when it comes to MMFs, there are generally two types of investors. The first believes rate fluctuations are normal and sticks with one fund no matter what, even if it falls below market average. The second reacts to significant dips, especially when returns drop below the market average, and moves their capital to sustain better yields.

Both approaches actually have their merits, depending on whether you’re taking a short or long position. I fall into the second category for one reason : I’m a long-term investor working with significant capital, and I always invest with a goal in mind. My benchmarks are built around certain expected rates, and if a fund’s performance becomes too erratic, it throws off my long-term projections.

For example, just a 1.5% lower rate sustained over 10 years on ₦100 million results in a loss of about ₦53.5m (using a conservative rate of 14 and 12.5 percent respectively). That’s not something I’m willing to ignore.

Therefore if you’re investing short-term, rate variations should not matter much unless you’re deploying serious capital. But if you’re locking huge funds for atleast a decade or more, you definitely should be seeking optimal yields.

Compounding works on three key variables: time, capital, and interest. If you’ve got the first two sufficiently but settle for less on the third, you’re simply shortchanging yourself.

Just my two cents….

Heishere:
Which app is this?

Locotrader:
You also made 1kobo but could have been better if you waited till this week.

There is resistance at N3 for now.There will be slight pull back at that junction.The new support for Royalex henceforth is 2.21 until the next news emerge.

This is what I have for my followers for now.I hope I have shown you people leg this time around.

It's up to you to go contrary or abide by the direction.

orriyomi33:
I could have been on 100% as well.

Got in @#1.29 from sir Loco's call, sold at #1.7 before the news of the insurance bill signing by the president, check it today to see it's on #2.62.

Thanks to you at Locotrader for your calls on this great thread.

Locotrader:
Sell only 50% Royalex
Leave all the Ci leasing
Put more money in Japaul.

You will thank me more than this sometime again this year

Locotrader:
Start queening into Japaul.
Royalex and veritas started the run before other insurance stocks.While there is more upside for them,there is possibility of some to start drinking water this week.

But in all,give Glory to God who has given you days of full bids

Locotrader:
Okay,I am just saying because the result was mentioned as if the result is the problem in a time like this.

Not by Result
Not by dividend

Wait for the bull and enjoy

PETERiCHY:
WE opened our 1st stock brokerage account in Feb 2005 with 505k via EQUITY TRUST SECURITY later they rebranded to INTERCONTINENTAL SECURITY.

BARGAIN HUNTERS TAKE NOTE!

Onboard1:
What hedge funds will you recommend?
Thank you

emmasoft:
@bassdow, good job. It's simple and clear. However, when it comes to the mutual fund business MMF in particular, you will always have plus or minus at the final figures you get, but what you have done is commendable.

However, one thing I have done over the years to keep and maintain good mental health about my mutual fund investment is to just have faith in the system and believe they will do or are doing as stated in their fact sheets.

I was doing a lot of calculations and comparing rates a lot, but after some time, I just decided otherwise before a low-risk investment would begin to give me sleepless nights.

It's even better now. During the analogue days, everything was just by faith and trust.

By the way, for those using Stanbic and, by extension, other apps, understand that the app is just a window to view your investment account at the backend. What you see on the web portal/app is just representing your investment. Even if the app crashes, it has nothing to do with your investment; what simply happened is that one of the windows through which you view your account is having an issue, not your investment. Your investment is intact. What you see when you check your account online is not cash like your bank account.

For your investment to be converted to cash, the fund manager, custodian bank, and the trustees must be involved, unlike a debit on your bank account, where the money leaves your account immediately based on your instruction.

This is the reason why it takes a few hours before you get a credit alert when you make a withdrawal. If you check the original document, you will see redemption of most MMFs is stated as 2 to 3 working days - analogue days, but improved technology has made things easier.

Even at that, that it's still part of the process in the industry that a call be put through to the investor depending on the amount involved in the withdrawal process. A voice recording is part of the process; it's also the reason for the request of your BVN during registration to be sure any cash leaving your investment account is going to the right investor. Changing this registered bank account also has a process to pass through.



All the traditional fund managers still have the first principle way of fund withdrawal, ie, using the redemption form, even when there is no website or app, investors will still get their money.

I just say the above to allay our fears concerning some experiences with the app/web portal of Stanbic Asset Management over this weekend.

Let's not panic, your investments are safe and remain a low-risk investment with your capital and varied returns guaranteed.

Ibrahim505:
I and other investors here using Morgan Capital. always enjoy free active execution of trades.

@Mankind always has an inspiring post here and he now highlighted how his disciplined longterm investment strategy make him a billionaire.

@Locodemy is good at spotting the hidding gem but his hand tremor upon seeing small profits make him not to make billions with ngx.

bassdow:
Done the Bolded. As for ML predictor, That's outside objective of the calculator which is simplicity. What I intends doing later is adding feature to show latest rates per provider + equally show the provider with highest stable rate BUT guess that would take a while as lots of providers seem not to even follow their rates. That's the few that even list to begin with.

bassdow:
Hello House
Just created a rough calculator to help in calculation

Still rough BUT kindly help me test to see if it's giving correct figures

https://cpanel.baconsol.com/tools/calculate-compound-interest.php

@A305 , @emmasoft

FRANKLYex:
It has been established here that apart from Cowrywise that applies the rate the publish on their site each day without any variation, every other fund manager are not very transparent in this aspect. What I have published up there is the actual which you can verify yourself. It's a simple calculation. Apply the rate on your principal and multiply by 365. Let me know if you have what they published on their site as the rate. I don't know how they do their calculation. Only Cowrywise tallies per time

emmasoft:
@synoble rates of mutual funds particularly MMF doesn't depend on the amount invested and don't vary from client to client. Whatever is displayed applies to all irrespective of the amount invested and the rate is daily valued depending largely on the underlying asset

FRANKLYex:
This is the actual with STANBIC having factored in their monthly reinvestment scheme.

toyeoye:
1 hour into trading —
Dynamic duo on a redemption arc! ⚔️
JAPAULGOLD and ELLAHLAKES bounce back strong...
From red to ripping green 💥📈