yomi007k:
Wat abt FGN bonds.

feelamong:


FGN bonds are also suffering from the same excess liquidity issues. Yields have been dropping massively there.

But if you are willing to go long....4 - 15 years its yields are still better than what we see in Tbills now.

There is primary auction for FGN bonds on the 11th of this month. Talk to your bankers or investment advisers if you are interested.

feelamong:


FGN bonds are also suffering from the same excess liquidity issues. Yields have been dropping massively there.

But if you are willing to go long....4 - 15 years its yields are still better than what we see in Tbills now.

There is primary auction for FGN bonds on the 11th of this month. Talk to your bankers or investment advisers if you are interested.

ukay2:


Please my oga feelamong...

When will these excess liquidity dry up for us to enjoy our high interest rates?...

My two NTB expire February and September 2016...bought them at high interest rates then.

feelamong:


Bros we no sabi o!

I think its a deliberate policy by the CBN to force down interest rates so that banks could lend to businesses; considering the facts that we are now staring at 2 qtrs. of negative GDP growth and that will only mean recession.

but on a personal note I think as soon as the govt of PMB starts making fiscal expenses, CBN will have no option but to mop up the excess liquidity in the system..

ukay2:



So my oga @ the TOP...

So one should go into Stock exchange market for now...

Which 3 stocks will likely give a good return of investment in the short and medium term so that I can make some personal research and probably purchase them with my small liquidity...

feelamong:


Stock market is not for the fain hearted o!!

do you have the liver to take losses?

i speculate in the market and also have some long term positions too...

but for the speculations i do; i also put a 10% stop loss! That way am able to bail out with a small haircut if the trade goes bad

but for TBholders....its time to take some risk in the Fixed Income Mutual funds with guaranteed returns

DMerciful:
Kindly expatiate on this. what is fixed income mutual funds and how can i go about it?

feelamong:


Sincerely I don't know much about Mutual funds.. will have to read a lot more there maybe cos am not a fan of the product.

olujaidi:


why not?

feelamong:


most fixed income Mutual funds do what an average investor should be doing......

they just search around for higher yields and just invest there..

at the moment i can do a FD in Heritage bank and get 12%...all i have to do is the leg work to find a bank branch that really needs the deposit.

and at the end they still charge you asset manager fee which at times could be up to 10% of your earnings

olujaidi:


Thats true, for folks with hundreds of thousands at least. For folks who aggregate less than this on a monthly basis, it could be the only means to access such investments.

feelamong:


Sincerely I don't know much about Mutual funds.. will have to read a lot more there maybe cos am not a fan of the product.

I have however invested in the Fidelity Securities Bond Linked Investment notes when it was at 13.75% guaranteed return.

see link below where we have experts already discussing more on it.
please is it from FIDELITY BANK NIGERIA and is it risk free??

but note that its not Risk free like Treasury Bills of FGN bonds

https://www.nairaland.com/1912965/mutual-funds/16#39082903

feelamong:


Sincerely I don't know much about Mutual funds.. will have to read a lot more there maybe cos am not a fan of the product.

I have however invested in the Fidelity Securities Bond Linked Investment notes when it was at 13.75% guaranteed return.

see link below where we have experts already discussing more on it.

but note that its not Risk free like Treasury Bills of FGN bonds

https://www.nairaland.com/1912965/mutual-funds/16#39082903

kristien4:


please is it from FIDELITY BANK NIGERIA and is it risk free?

feelamong:


Sincerely I don't know much about Mutual funds.. will have to read a lot more there maybe cos am not a fan of the product.

I have however invested in the Fidelity Securities Bond Linked Investment notes when it was at 13.75% guaranteed return.

see link below where we have experts already discussing more on it.

but note that its not Risk free like Treasury Bills of FGN bonds

https://www.nairaland.com/1912965/mutual-funds/16#39082903

ernie4life:


Pack your loads and come over to stocks or mutual funds

nedu666:
first bank of Nigeria gave me 4% on 91 days tenor for treasury bills.is this a mistake or the bank is playing games. they claimed that rates have fallen. is anyone in the house experiencing the same.

nedu666:
first bank of Nigeria gave me 4% on 91 days tenor for treasury bills.is this a mistake or the bank is playing games. they claimed that rates have fallen. is anyone in the house experiencing the same.

plendil:
Diamond tell me 6.5% for 182days Dia fada!!

surely time to diversify. . .problem is, I develop skin rash once any investment doesn't come with the tag "risk-free".

I be like say no to jejely leave the kudi for savings acc till TB rates start respecting themselves once more. who knows when??

plendil:
Diamond tell me 6.5% for 182days Dia fada!!

surely time to diversify. . .problem is, I develop skin rash once any investment doesn't come with the tag "risk-free".

I be like say no to jejely leave the kudi for savings acc till TB rates start respecting themselves once more. who knows when??

nedu666:
first bank of Nigeria gave me 4% on 91 days tenor for treasury bills.is this a mistake or the bank is playing games. they claimed that rates have fallen. is anyone in the house experiencing the same.

Daddi:
please tell me more about the mutual funds

plendil:
Diamond tell me 6.5% for 182days Dia fada!!

surely time to diversify. . .problem is, I develop skin rash once any investment doesn't come with the tag "risk-free".

I be like say no to jejely leave the kudi for savings acc till TB rates start respecting themselves once more. who knows when??

tziz:

Same Diamond bank dat gave me 11.9% on 181 days last month!!!
Wahala dey ooo.

feelamong:


enough wahala dey!

PMB/Emefiele means business to reduce interest rates to single digits..

kristien4:
GT BANK.