ℓ̊ contacted Skye bank on This same fixed deposite thingy and they said foe 1m, ℓ̊ wl get 5.5% in 6 months. - not impressive though.

nice thread nice thread

yinkaoke: I have an idle fund of about 300K and am contemplating on where to invest, I need some advice though I have the following in mind

Treasury bill 150k
Bond 100k
shares 50k
Mutual fund ?

I am investing low in shares to hedge and take some risk which could fall on either side. If negative then my returns on the fixed instrument can cover up. OR WHAT DO U THINK HOUSE?.
I could also invest in mutual fund but from my review of price history on Stanbic IBTC asset management website, I observed this is not a good time to buy mutual fund as the prices are high, so I will wait till year end or early new year when the prices are always low according to record anyway.

If any one has a contrary view pls help me out with prove.

invest in nairaland seun dey available

mikeapollo:

I think the minimum investment for T-Bills is N100,000.

Treasury Bills are discount instruments i.e you will pay the discounted amount when buying and receive the gross (face value) when it matures. e.g a T-Bill of N100 may be offered to the public at N85...this means you will pay N85 to buy it, but you would receive N100 when it matures.

The best investmenst:
1. Real Estate
2. FGN Bonds....for long term investors i.e 2 years and more
3. FGN T-Bills...for short-term investors i.e 3-12 months
4. Stocks/Shares....could yield very high returns in the short-run if well selected from undervalued stocks

nice guy. Pls i will want you 2 Elucidate more on dat Treasury bill.what is the minimum amount that i can invest. What is the rate of turn over. What is the life sparm of it

yinkaoke: I have an idle fund of about 300K and am contemplating on where to invest, I need some advice though I have the following in mind

Treasury bill 150k
Bond 100k
shares 50k
Mutual fund ?

I am investing low in shares to hedge and take some risk which could fall on either side. If negative then my returns on the fixed instrument can cover up. OR WHAT DO U THINK HOUSE?.
I could also invest in mutual fund but from my review of price history on Stanbic IBTC asset management website, I observed this is not a good time to buy mutual fund as the prices are high, so I will wait till year end or early new year when the prices are always low according to record anyway.

If any one has a contrary view pls help me out with prove.

Since u call it an Idle fund, MY advice will be for you to put it into somethings that can fetch appropriate funds for you, while you do ur other businesses unhindered; Had I known wat i know now, I guess my stories would have been....
anyway, I think I should know ur Location , If u happen to be in Port Harcourt, I could direct you to the LBM (mar Partners) office, there you will meet there clients and they will properly council U.. 1 Thing I assure U is that U won't regret it.

Durchmann:
You sound like you already have an idea on what to do with your idle fund. Why don't you just do what your heart tells you and learn from the experience? We will only give tips but you are the only one who knows whats best for you. Don't trust the street tips for investing. Just increase your financial IQ by either getting information or doing what you think is best and learning from the experience. No one has a monopoly to education, believe me.

Best post for this thread thus far.

Investment in real estate could have been the best option depending on the period you want to keep the money idle.

Following this thread. Got some idle dough too. Banks give peanuts these days.

with N300k, how can one invest in real estate

The last time someone mention T-bill and i called an official of Fidelity Bank, I was told d minimum investment is 1m, since i didnt have that amount, I had to back off, I need contacts of anyone with useful info on T-bills.

waiting...

Many thanks

Raymondenyi:

Since u call it an Idle fund, MY advice will be for you to put it into somethings that can fetch appropriate funds for you, while you do ur other businesses unhindered; Had I known wat i know now, I guess my stories would have been....
anyway, I think I should know ur Location , If u happen to be in Port Harcourt, I could direct you to the LBM (mar Partners) office, there you will meet there clients and they will properly council U.. 1 Thing I assure U is that U won't regret it.

@Ray, i just learnt abt the LBM last wk and bought some markers today, I am based in Lagos and my acct is running already on bonus markers... I pray the experience will be worth it. I need money

[quote author=jagabanban][/quote]

what part of lagos, i am very interested

yogun:

@Ray, i just learnt abt the LBM last wk and bought some markers today, I am based in Lagos and my acct is running already on bonus markers... I pray the experience will be worth it. I need money

Hey! Do you mind shedding more light on what is LBM and how it works or if there is a website i could get more info from.Also any one in the house knows what the fixed deposit for gtbank is? Thanks.

@ OP, Invest in real estate today & u'll be glad you ever did. Sterling Homes is selling plots of land @ Havilah Park & Garden Mowe, for just #30,000 monthly installmental plans for 20months @ #600,000. Or make an outright purchase for #540,000.
You can equally choose to go for a half plot of land: 30 X 60 feet for just #350,000.
Call Mr Ifeanyi on 08121981805| STERLING HOMES LTD| 82, Allen Avenue, Ikeja, Lagos.

Invest wisely & become a land-owner with Sterling Homes Ltd.

yogun:

@Ray, i just learnt abt the LBM last wk and bought some markers today, I am based in Lagos and my acct is running already on bonus markers... I pray the experience will be worth it. I need money

@ Yogun ; Just as I have written earlier on, 1 thing I can assur you, is that U won't regret it, Its something most of my family members are into, and u won't regret it, for those persons in Port Harcourt where I reside and will like to know cum invest in LBM business, U could send me a PM nd we can exchange contact and talk, (I don't fancy releasing my contacts on social sites)

Kokofi: @ OP, Invest in real estate today & u'll be glad you ever did. Sterling Homes is selling plots of land @ Havilah Park & Garden Mowe, for just #30,000 monthly installmental plans for 20months @ #600,000. Or make an outright purchase for #540,000.
You can equally choose to go for a half plot of land: 30 X 60 feet for just #350,000.
Call Mr Ifeanyi on 08121981805| STERLING HOMES LTD| 82, Allen Avenue, Ikeja, Lagos.

Invest wisely & become a land-owner with Sterling Homes Ltd.

@ Kofi am very much interested in this sterling homes, I love the concept; But one thing I'll like to know, is it powered by sterling bank? If yes I'll presume that means I could go there office closer to where I stay to inquire,
and also are the lands only available in Lagos? If that be the case its gonna be a major set back to me because I don't reside there... U can give me ur counselling so I'll be very much aware; For I might be wrong.

Omerian Consult: The only business in which you can NEVER lose is properties. Please search for the NL document titled Why you must invest in Ogun State NOW. There are now even lands of N180,000/acre in very good locations.

I think U should be aware that persons not residing anywhere close to Ogun won't benefit from it, I guess u know that?

@ raymondeniyi: if am not resident in portharcourt how do i take advantage of this lbm and how do i get more info on it or contact u?

@ omerian consult: it wouldnt hurt if u can post pictures of the land.also since am not in ogun state as ray pointed out how do we go bout it?

You are ignorant of the fact that land is still part of real estates. If you won't mind, give me that 300k and I will produce 2 plots of land to you.

Anyway, its an advise, op may not take to it. Before you condemn ask questions.

Sunny_bobo:

Nothing wey pesin no go see for nairaland! How go you expect him to invest in real estate with 300,000 naira? Na wa o!

Look for a cheap land somewhere and buy it. There are good areas where u can get 100% appreciation within a year. I think that amount of money is too small to actually benefit well from Treasury Bills. Getting a land will be best for u.

Importation
You can join avenues to wealth to start a new business with them which is Int'l.
thanks.

@ PRODUTIM1 i would like to know more on Forever Living Products business..I need more info...since it does not affect my work or daily activities...can you expantiate..like what is the minimum amount to invest and the turn over and if i will be selling this products...please explain further ..@Ray what is this LBM all about and what about those who resides in Lagos...can it work for us too??

Well for those asking about LBM , Its is more like an interactive marketing firm, where u buy questionnaires and u'll be marking d questionnaires every working day, and u re paid for it, after a year, ur membership expires, buh b4 den , u would have made far more, den ur capital, its very lucrative and they have other mouth watering packkages I can't tell y'all here!
Why I insisted on persons in Port harcourt is becos registration is done via dia office, and I don't know where there office is in Lag; buh I ddo know where there office is in Port Harcourt, since that is where I base. Wish y*all d best in ya pursuit

So what does marking questionaires actualy mean? Whats the rate of return on your capital at the end of that 1 year? And what is the credibility level of the firm behind this?

Kokofi: @ OP, Invest in real estate today & u'll be glad you ever did. Sterling Homes is selling plots of land @ Havilah Park & Garden Mowe, for just #30,000 monthly installmental plans for 20months @ #600,000. Or make an outright purchase for #540,000.
You can equally choose to go for a half plot of land: 30 X 60 feet for just #350,000.
Call Mr Ifeanyi on 08121981805| STERLING HOMES LTD| 82, Allen Avenue, Ikeja, Lagos.

Invest wisely & become a land-owner with Sterling Homes Ltd.

I would like to invest , but I would like it if you prove your credibility , I don't want to be scammed

HugeMac:
I would like to invest , but I would like it if you prove your credibility , I don't want to be scammed

In every and anything U do,never do transactions with persons U'v not met in physical, rule 1