Stats: 3,187,344 members, 7,932,262 topics. Date: Monday, 26 August 2024 at 11:00 PM |
Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4610940 Views)
Fixed Deposits Or Treasury Bills, Which Is Better? / Fixed Deposit And Treasury Bill Investments From Abroad / I Need Information On Treasury Bills In Nigeria (2) (3) (4)
(1) (2) (3) ... (129) (130) (131) (132) (133) (134) (135) ... (2260) (Reply) (Go Down)
Re: Treasury Bills In Nigeria by yomi007k(m): 3:23pm On Oct 01, 2015 |
bogolobango:In layman terms, U put some money in government care for a specific period of time and u get interest on ur money. For example,if u decide put N1 million away for 12 months at 13 percent interest. U will get 130,000 as interest and after 1 year u will get N1 million naira back. |
Re: Treasury Bills In Nigeria by coderXO(m): 3:37pm On Oct 01, 2015 |
Moses247: It is worthwhile to know the pros and cons. Some are sounding as though TBills are fool-and-error-proof investments. Trust me, in some cases and a weak economy, you are just offsetting price inflation at the end of your bill/bond term. |
Re: Treasury Bills In Nigeria by caesaraba(m): 4:09pm On Oct 01, 2015 |
coderXO: You will agree with me though that a lot of people know the pros of real estate, however, if we are being practical as regards this thread and a lot of us, there aren't that many who can readily raise the high capital required to develop profitable real estate and still "stand well" (if you get my meaning) for the short/medium term. T-bills work for a lot of folks (minimum risk/hassle-free) and if more people were informed on how it worked, many would gladly go with this form of investment. 3 Likes |
Re: Treasury Bills In Nigeria by yomi007k(m): 4:24pm On Oct 01, 2015 |
caesaraba:Tnx for speaking my mind. |
Re: Treasury Bills In Nigeria by carpenter(m): 4:32pm On Oct 01, 2015 |
coderXO: Oga if you have a striving business, you should be investing your money in your business not bonds or T-Bills or even shares of other companies...that's the way it works. I don't expect Dangote to be investing his money in another man's business unless he is planning a takeover. 1 Like |
Re: Treasury Bills In Nigeria by coderXO(m): 4:39pm On Oct 01, 2015 |
carpenter: Thus, those here putting money into these bills here should be putting their money into their businesses rather. |
Re: Treasury Bills In Nigeria by caesaraba(m): 4:47pm On Oct 01, 2015 |
coderXO: Unless of course, not everyone owns a business. Even if they did, a whole lot of startup businesses wouldnt turn a profit in the first 3 years and they still require a hands-on approach from business -savvy individuals. T-bills just let your money do the work while you can face other things. 1 Like |
Re: Treasury Bills In Nigeria by carpenter(m): 4:53pm On Oct 01, 2015 |
[quote author=coderXO post=38569747] ![]() |
Re: Treasury Bills In Nigeria by carpenter(m): 4:54pm On Oct 01, 2015 |
coderXO: Sure if I have a business that is doing well (% profit that is better than bonds, TBills and all), why would I be investing or borrowing my money to the government for 15%...not even for 50%. It is a game of numbers. Infact i would gladly be borrowing from the bank @ 23-27% than be investing my money for 15% 1 Like |
Re: Treasury Bills In Nigeria by mekaboy(m): 5:39pm On Oct 01, 2015 |
carpenter: True, but if i have 10 and want to go into biz, i will rather by bond of 7m and invest 3m in that business and be adding 1m from the bond into the business as it grows. Yes business can give u as much as %100 of that 10m in one year. You could also loose the whole 10m at once. 3 Likes |
Re: Treasury Bills In Nigeria by yomi007k(m): 6:20pm On Oct 01, 2015 |
Pls House Is it cheaper to buy T-bills through a Broker or through a Bank? |
Re: Treasury Bills In Nigeria by manie(m): 6:41pm On Oct 01, 2015 |
Alikote: https://www.nairaland.com/1233138/stock-performance-2000-2003-date CAP sold for N2.00 in 2001, I bought some units of the stock around Easter in 2001. Let us see the performance of CAP from 2001 to date, as per capital appreciation. N100,000 will buy 50,000 units. Year Bonus units 2001 50,000 2002 1 for 3 66665 2004 1 for 4 83331 2010 1 for 3 111105 2011 1 for 1 222210 50,000 units in 2001 have grown to 222210 units in 2013. CAP now sells at N37.00 per share. The investment of 100k in 2001 is now worth N8.2 million in 2013. That means if the investor had invested 750k in CAPL in 2001, the investment would have grown to N61 million excluding dividends received over the years. 1 Like |
Re: Treasury Bills In Nigeria by manie(m): 6:45pm On Oct 01, 2015 |
coderXO: Real estate gives approximately 5% return on the value of the house. A flat selling for N20 million is expected to give a rental income of N1 million. One of the ways I use in the valuation of a property is to multiply the expected rental income by 20. |
Re: Treasury Bills In Nigeria by manie(m): 6:51pm On Oct 01, 2015 |
coderXO: Did you take the cost of the land into consideration, land sells from N2 million in Ikorodu with N10 million I can build 3 units of 2 bedroom flats or 2 units of 3 bedroom flats. Making a total of N12 million, 2 bedroom flats got for 200k in Ikorodu while 3 bed room flats go for 300k. The expected rental income from the total investment of N12 million will be 600k ie 200kx3 or 300kx2 Areas where you can rent a 3 bedroom flat for 600k, cost of land will be between N12 million and N15 million 2 Likes |
Re: Treasury Bills In Nigeria by manie(m): 6:53pm On Oct 01, 2015 |
carpenter: You are right, but they can always increase the rent by 10% every 3 years. |
Re: Treasury Bills In Nigeria by manie(m): 6:56pm On Oct 01, 2015 |
ukay2: Where exactly is the project located, 6 apartments on half a plot who approved such a building plan. What about set-backs, playing areas and car park for the tenants. |
Re: Treasury Bills In Nigeria by manie(m): 6:58pm On Oct 01, 2015 |
olujaidi: Cash flow is the best, when you have the needed cash flow smart investors can always create wealth that will appreciate. 3 Likes |
Re: Treasury Bills In Nigeria by coderXO(m): 7:19pm On Oct 01, 2015 |
I like the debate. For the fellow who mentioned a stock, that is not applicable in this argument. A good stock will pay dividends, and can as well appreciate in value to 100% to 200% to whatever. Likewise, your stock can be worthless just as fast as it shot up. --- When I grow up, I will have more property than anything else. That's me. That's where I'm headed. --- It is very risky to hold too much "paper" especially of an unstable currency. Physical assets, you hardly can go wrong. 1 Like |
Re: Treasury Bills In Nigeria by christinie(f): 7:37pm On Oct 01, 2015 |
What's T-bill? timothy001: |
Re: Treasury Bills In Nigeria by inze(m): 8:43pm On Oct 01, 2015 |
Re: Treasury Bills In Nigeria by manie(m): 9:02pm On Oct 01, 2015 |
coderXO:I am sure you are older than 18 years old, do not wait till you are old before you start investing in real estate, I was a teenager when I opened my first bank account in 1985 and as a 200 level student at UNILAG I bought my first shares in 1992. |
Re: Treasury Bills In Nigeria by yomi007k(m): 9:20pm On Oct 01, 2015 |
christinie:My Lady, jus read the thread from the beginning. U'll get all d anwsers u need n lots more. |
Re: Treasury Bills In Nigeria by Nobody: 2:00am On Oct 02, 2015 |
manie: https://www.nairaland.com/1233138/stock-performance-2000-2003-date CAP sold for N2.00 in 2001, I bought some units of the stock around Easter in 2001. Let us see the performance of CAP from 2001 to date, as per capital appreciation. N100,000 will buy 50,000 units. Year Bonus units 2001 50,000 2002 1 for 3 66665 2004 1 for 4 83331 2010 1 for 3 111105 2011 1 for 1 222210 50,000 units in 2001 have grown to 222210 units in 2013. CAP now sells at N37.00 per share. The investment of 100k in 2001 is now worth N8.2 million in 2013. That means if the investor had invested 750k in CAPL in 2001, the investment would have grown to N61 million excluding dividends received over the years. @Manie How do you sale stock , I heard it difficult to sale except you see someone who want to buy!. |
Re: Treasury Bills In Nigeria by coderXO(m): 3:19am On Oct 02, 2015 |
manie: I was been cynical |
Re: Treasury Bills In Nigeria by Nobody: 4:09am On Oct 02, 2015 |
manie:If you've not been to south east do not dispute that at all. Because around my house at BUILDING MATERIAL INTERNATIONAL MARKET OGIDI, you'll buy a plot and half and erect two 4 storey building flats on it, yet tenants are happy paying 10-13k monthly . |
Re: Treasury Bills In Nigeria by manie(m): 4:10am On Oct 02, 2015 |
timothy001:You need a broker in order to sell, it is not difficult to sell if your share certificates are dematerialised. You may send me a PM for more information. |
Re: Treasury Bills In Nigeria by Nobody: 4:12am On Oct 02, 2015 |
inze:Hahahahaha. I tire 4 dat questionoo! |
Re: Treasury Bills In Nigeria by manie(m): 4:20am On Oct 02, 2015 |
Royal155:Then I doubt if land will sell for N2 million in such an area, the money used to deck the twin 4 storey building is higher than N2 million per floor. |
Re: Treasury Bills In Nigeria by Nobody: 4:42am On Oct 02, 2015 |
manie:Near the market, land is quite costly but you can get a plot for 1m at a town away from the market. The point i was actually trying to make is that it is very possible to erect twin building at a plot depending on the size and competency of the engineer. |
Re: Treasury Bills In Nigeria by manie(m): 5:11am On Oct 02, 2015 |
Royal155:What type of competency will make a qualified engineer to design a house of 12 apartments on a floor and house has 4 floors making a total of 48 apartments on a plot and a half. I doubt if things are this bad even in Police barracks, the project you described above is a disaster waiting to happen. The officials who approved such a project need to be dismissed. 1 Like |
Re: Treasury Bills In Nigeria by christinie(f): 6:22am On Oct 02, 2015 |
You are surprised I asked huh? I asked because they are making it appear better than real estate but you and I know that it is not. inze: |
Re: Treasury Bills In Nigeria by christinie(f): 6:23am On Oct 02, 2015 |
I did already but am yet to understand how it is better than real estate, and also how real estate is over rated. Thanks. yomi007k: |
(1) (2) (3) ... (129) (130) (131) (132) (133) (134) (135) ... (2260) (Reply)
Nigerian Stock Exchange Market Pick Alerts
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 65 |