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Nairaland Forum / Nairaland / General / Investment / Fixed Deposit Investment In First Bank, Please Share Your Experience (1921 Views)
Fixed Deposit Investment With A Smile Returns / Fixed Deposit Investment (2) (3) (4)
Fixed Deposit Investment In First Bank, Please Share Your Experience by MercyLady(f): 11:28pm On Jul 30, 2015 |
For those who did fixed deposit investment in First Bank, please share your experience: Where you ever deceived or cheated by the banks? And was what to expect properly explained and calculated before you fix your huge money. I have being employed for 5 years and paid my salary non-stop. I have got 7 million Naira which i am thinking to invest - money from being employed and left over of scholarship i got for Masters of two years abroad. Thinking about getting experienced advise about the next easy step to do with it now. I will appreciate your advise. You can as well keep in mind that: "I am not thinking about starting a business and all its wahala for now - I believe it is not a crime or stupidity if I don't start a business because i have a capital as most people always depict. I believe i don't have to be stinking rich" Please feel free to share your opinion. Thanks. |
Re: Fixed Deposit Investment In First Bank, Please Share Your Experience by Nobody: 11:48pm On Jul 30, 2015 |
Ask successful men how many of save money in a bank be it fixed deposit or otherwise |
Re: Fixed Deposit Investment In First Bank, Please Share Your Experience by ernie4life(m): 7:30am On Jul 31, 2015 |
MercyLady: Fixed deposit investment in general is a straight investment, no much hassle, upon investment the would probably give you a letter or mail stating the amount you invested, rate and tenure(for how long), some take a step forward to state how much you would get upon maturity and if any the tax implications. I have never heard of someone bring short changed in fixed deposit, because all the need to do is key in the rate and tenure into a computer and the figures will be generated, so I think you have nothing to worry about. |
Re: Fixed Deposit Investment In First Bank, Please Share Your Experience by MercyLady(f): 8:37am On Jul 31, 2015 |
@ ernie4life Thanks for your reply. |
Re: Fixed Deposit Investment In First Bank, Please Share Your Experience by bedfordng(m): 2:05pm On Jul 31, 2015 |
MercyLady:will advice you go for treasury bill. Its less risk and percentage profit is more than fixed deposit except maybe you bargain well |
Re: Fixed Deposit Investment In First Bank, Please Share Your Experience by Nobody: 3:14pm On Jul 31, 2015 |
MercyLady:do you have an idea of what 7m could give you when you invest in treasury bill for just a yr? nawaooooo |
Re: Fixed Deposit Investment In First Bank, Please Share Your Experience by Acme77: 5:00pm On Jul 31, 2015 |
@op please go for treasury bills |
Re: Fixed Deposit Investment In First Bank, Please Share Your Experience by MercyLady(f): 4:43am On Aug 01, 2015 |
@ all Thanks for your reply, i will research about it. |
Re: Fixed Deposit Investment In First Bank, Please Share Your Experience by Erebeshe: 8:01pm On Aug 06, 2015 |
how much is the least one can invest on treasury bills? |
Re: Fixed Deposit Investment In First Bank, Please Share Your Experience by Acme77: 9:03pm On Aug 06, 2015 |
@Erebeshe 100k |
Re: Fixed Deposit Investment In First Bank, Please Share Your Experience by kingralph(m): 12:39pm On Aug 07, 2015 |
I know for a fact that Unity Bank plc can give you 10% interest in your N7m investment for fixed time deposit. That's 700,000 interest per annum. Deducting withholding tax of 10% (70,000) gives you 630,000 p.a. This translates to 52,500 per month. I know this for a fact. You can try it |
Re: Fixed Deposit Investment In First Bank, Please Share Your Experience by blecele: 2:11pm On Aug 07, 2015 |
If invest 100k how much will yield for me in a month.obiageli7478@gmail.com Acme77: |
Re: Fixed Deposit Investment In First Bank, Please Share Your Experience by Muhaymin(m): 7:17pm On Aug 07, 2015 |
Somebody should pls tell more about treasury bill. |
Re: Fixed Deposit Investment In First Bank, Please Share Your Experience by pussygotlips: 7:55pm On Aug 07, 2015 |
Acme77:how much will i get if i invest 300k |
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