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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4597169 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)
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Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:24am On Feb 13, 2021 |
QuinModah: CBN does not have the powers to stop forex and crypto currencies trading. CBN did not stop them from the traders from operating. In fact CBN does not have the resources to do such, it is a global trade which CBN can't control or regulate. As we are speaking traders are still making big money from forex trading and crypto currencies trading. A bond trader on the FMDQ platform has this to say. " Why relying on FIAT money infrastructures and payment systems? Naira is not a floating currency. The best approach should have been to remain with the block chain and decentralized/distributed architecture. Crytos thrive on anonymity, why relying on an open and auditable infrastructures of the FIAT money to provide comfort and ease for crypto traders? " The question we should have ourselves is this, did CBN act within its powers? If No, affected bank customers can sue CBN. The banks can't sue CBN, except they want to be out of business. 1 Like |
Re: Treasury Bills In Nigeria by QuinModah(f): 11:24am On Feb 13, 2021 |
pluto09:FG to earn $6bn from the global bkockchain market can be in jeopardy with the dwindling oil revenue. They will change their stand, save this post. |
Re: Treasury Bills In Nigeria by Nobody: 11:25am On Feb 13, 2021 |
More crypto discussions ![]() ![]() Na wa... 8 Likes |
Re: Treasury Bills In Nigeria by QuinModah(f): 11:25am On Feb 13, 2021 |
Lazyyouth4u:I do, do you? 3 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:28am On Feb 13, 2021 |
Lazyyouth4u: I don't understand. They must always bring their problems to this wonderful thread 11 Likes 1 Share |
Re: Treasury Bills In Nigeria by Akin3891: 11:28am On Feb 13, 2021 |
emmanuelewumi: Yes long time bond is the way to go but we won't have favorable bond rates untill tbs rate increase significantly, I'm hoping rate could get to 6/7 before year ends. As soon as I can secure at least 13% in a long time bond, I will opt out of tbs then launch my net with bonds. With long time bond, you save yourself the headaches that comes with high n low rates during economic crisis 1 Like |
Re: Treasury Bills In Nigeria by QuinModah(f): 11:28am On Feb 13, 2021 |
emmanuelewumi:Yes they acted within their power because what CBN see squatting, many of cannot see while standing. In my own opinion, they should regulate the market |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:29am On Feb 13, 2021 |
QuinModah: There is a thread for that Investment and they are cashing out big time, maybe you should visit the place 9 Likes |
Re: Treasury Bills In Nigeria by QuinModah(f): 11:29am On Feb 13, 2021 |
![]() emmanuelewumi: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:30am On Feb 13, 2021 |
Akin3891: Exactly, but you also need to look at inflation. 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:35am On Feb 13, 2021 |
emmanuelewumi: Returns from bonds and Treasury Bills are not inflation proof, unless you have a strategy to achieve it 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 11:38am On Feb 13, 2021 |
QuinModah: I don’t o. I don’t do speculative investments. Plus I have no idea how that shitt works. Is it a currency for exchange of goods or services? Or are people just going in to make money from the next maga that joins late? It makes no nose sense to me. Me I like to sleep well at night and can’t be bothered about what I don’t understand ![]() I may miss out on some cool cash but that’s fine. I’m content ![]() 7 Likes 1 Share |
Re: Treasury Bills In Nigeria by Akin3891: 11:40am On Feb 13, 2021 |
QuinModah: That's insensible of the cbn |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:48am On Feb 13, 2021 |
emmanuelewumi: Your N10 million invested in a 30 years bond at 15%, will give you a steady coupon of N1.5 million for 30 years. Even when N1.5 million losses it's value due to inflation, unlike an investor who got an annual dividend of N1.5 million from Zenith bank about 12 years ago who is currently getting a dividend of N6 million. Same with rental income, the rent can't remain at N1.5 million for 30 years 6 Likes 1 Share |
Re: Treasury Bills In Nigeria by Nobody: 11:49am On Feb 13, 2021 |
QuinModah: Things will not change o. CBN is not playing and even SEC is now on CBN’s side. Countries that have lots of criminals that are using it to launder money are banning it left, right and center. CBN in fact acted late. Nobody wants to accept this but majority of the trades in that thing in Naija are carried out by yahoo boys. This is a fact. The sooner we accept this, the better for us neutrals. So we can move on to other types of investments and stop whining about the so called ‘CBN ban’ ![]() 10 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:51am On Feb 13, 2021 |
Lazyyouth4u: You are a young man speculation is not totally bad if you are smart and not greedy. As a young man, invest for cash flow, reinvest part of the cash flow from your Investments, have an emergency reserve,invest for growth and allocate 5% to 10% of your liquid assets to sensible speculative assets or Investments 3 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:53am On Feb 13, 2021 |
Lazyyouth4u: Someone said 80% by scammers/criminals and 20% by hardworking average Nigerian speculators 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 11:55am On Feb 13, 2021 |
emmanuelewumi: Great advice. So how much/what percentage should one allocate to fun and entertainment budget for ....(you know what) ![]() 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:57am On Feb 13, 2021 |
Lazyyouth4u: I use 5% and below of my active income and part of the dividends from money market funds which act as my emergency reserve 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 12:00pm On Feb 13, 2021 |
emmanuelewumi: I thought emergency reserve is a ‘don’t touch’ reserve strictly for emergencies. Abi they say just keep 3 to 6 months normal spending budget and never touch until there is an emergency ![]() But I’m talking about monthly allocation to fun and entertainment budget ![]() ![]() |
Re: Treasury Bills In Nigeria by QuinModah(f): 12:10pm On Feb 13, 2021 |
Lazyyouth4u:Yes boss. I still maintain that they should regulate it. |
Re: Treasury Bills In Nigeria by QuinModah(f): 12:11pm On Feb 13, 2021 |
Lazyyouth4u:Lol! What are you doing in NSE prediction investment 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 12:13pm On Feb 13, 2021 |
QuinModah: I’m not on NSE o. NSE sef dey fear me ![]() ![]() 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by Leezah(f): 12:15pm On Feb 13, 2021 |
emmanuelewumi:hmmmm |
Re: Treasury Bills In Nigeria by Leezah(f): 12:16pm On Feb 13, 2021 |
Lazyyouth4u:Fear fear follow Emma make e show you road. |
Re: Treasury Bills In Nigeria by Akin3891: 12:18pm On Feb 13, 2021 |
emmanuelewumi: Fact, but you have to put to work interest generated from bond to keep the balance. If you were offered a 15% bond for 30 years, what % of your total funds will you lock in and what will be your exit plans should inflation keep bitting hard? 1 Like |
Re: Treasury Bills In Nigeria by Leezah(f): 12:18pm On Feb 13, 2021 |
emmanuelewumi:Definitely but unfortunately many are greedy and get really burnt. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:21pm On Feb 13, 2021 |
Lazyyouth4u: I don't touch it, I even top it up. Money Market Fund pay dividends 4 times in a year, using 50% of the dividends once in a while is not bad |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:23pm On Feb 13, 2021 |
Akin3891: I am a super frugal person, my template might not work for you. I will reinvest 60%, since I have other sources of income 1 Like |
Re: Treasury Bills In Nigeria by ositadima1(m): 1:36pm On Feb 13, 2021 |
Lazyyouth4u: I invested 40k or so in ethereum in 2019, I watched it's up and down movement for a while, just for fun, and then forgot all about it. I checked yesterday and value is now 130k. Should have bought more. ![]() 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:39pm On Feb 13, 2021 |
QuinModah: He is not on NSE. NSE is not speculative, but close to 90% of the participants are speculators. Just 10% see their Investments as part ownership in a business. 6 Likes 1 Share |
Re: Treasury Bills In Nigeria by SocialJustice: 1:42pm On Feb 13, 2021 |
ahiboilandgas:What's a through put? |
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