emmanuelewumi:



Parkview had the backing of Lagos State military government, Same with Lekki Phase one and two, not forgetting Foreshore, any forward thinking real estate investor should know that such investments would fly.

He made money during the time of IBB when corruption was legalized, nobody will seize anything jot

They actually seized some of their money and properties that could be found when them FBI, Interpol and other international law enforcement agencies came for them.

Everyone thought VGC would be the next best thing. Go and look at VGC today. Enter inside old Ikoyi and you will find estates that nobody wants to live in. Dolphin Estate nko? Flooding killed the dream. It’s always easier when we have the benefit of hindsight.

emmanuelewumi:


Sukuk coupon was paid this morning

Which bank has received please?

Lazyyouth4u:


They actually seized some of their money and properties that could be found when them FBI, Interpol and other international law enforcement agencies came for them.

Everyone thought VGC would be the next best thing. Go and look at VGC today. Enter inside old Ikoyi and you will find estates that nobody wants to live in. Dolphin Estate nko? Flooding killed the dream. It’s always easier when we have the benefit of hindsight.

A flat was marketed by HFP at N2 Million, duplex at N4 million.

The Investments are currently generating that and more as rental income.

How far, any alert?

Nero4306:

I was double paid oh am even thinking dat is why I haven't seen any alert yet oh

I don get d alert, they short paid by a few hundreds.

emmanuelewumi:


Sukuk coupon was paid this morning

akinola98:


Just got an alert �…. Thank God

Me too! But about 3% was deducted. Did you receive same payment as last December?

freeman67:


Which bank has received please?

Stanbic ibtc.

TotoNaRubber:
How far, any alert?


I don get d alert, they short paid by a few hundreds.

About 0.3% short fall

emmanuelewumi:



About 0.3% short fall

Please I'm yet to get mine oo. I'm using Stanbic. Are they paying in batches?

Any time I receive my Sukuk3 alert, my heart always bless the duo of Ahib Oil& Gas and Pa Emmanuelewumi for sharing the information on this thread and people like Ukay, Unite4real, etc for furnishing us with comprehensive information which helped to clarify all doubts.

I miss those days of practical investment advise sha. Dem don use bad mouth pursue some heroes away from this thread. If not for ahib, I would have finished spending all those money that was invested in Sukuk.

Any way, to everyone that has been a blessing, here is wishing you more alerts alarms to your account

Sukuk welcome. Pls which other investment is on currently to opt in

4tunebest:
Any time I receive my Sukuk3 alert, my heart always bless the duo of Ahib Oil& Gas and Pa Emmanuelewumi for sharing the information on this thread and people like Ukay, Unite4real, etc for furnishing us with comprehensive information which helped to clarify all doubts.

I miss those days of practical investment advise sha. Dem don use bad mouth pursue some heroes away from this thread. If not for ahib, I would have finished spending all those money that was invested in Sukuk.

Any way, to everyone that has been a blessing, here is wishing you more alerts alarms to your account

I met a young man who said his coupons from bonds should be equivalent to at least the money he spends on rent in 2 year, he is currently getting coupons that is equivalent to his rent for a year and few months

Coupon and dividend alerts can be very sweet

Nakedman:


Stanbic ibtc.

That's cool, me never hear from FBN sha...

Akerewe:
Sukuk welcome. Pls which other investment is on currently to opt in

FG bonds in the secondary market, talk to your bank or Stockbroker.

I got this from Afrinvest yesterday

Mills55:



Please I'm yet to get mine oo. I'm using Stanbic. Are they paying in batches?

You will be paid

emmanuelewumi:



I met a young man who said his coupons from bonds should be equivalent to at least the money he spends on rent in 2 year, he is currently getting coupons that is equivalent to his rent for a year and few months

Coupon and dividend alerts can be very sweet

Another one staggered his Investments in such a way that he receives coupons almost every month of the year, which will continue to the next 15 years

emmanuelewumi:



Another one staggered his Investments in such a way that he receives coupons almost every month of the year, which will continue to the next 15 years

I will get there few years from now by God's grace. I just discovered this thread last year and have made remarkable progress from the discussions here.

Please sir, we are counting on you to continue with your efforts @ furnishing us with investment opportunities out there.

Thanks

Emndy:
NTB

Where did you get this from? I believe next week Thursday is another auction date, 364 days @ 9.4% , is this a secondary market rate?

emmanuelewumi:



Another one staggered his Investments in such a way that he receives coupons almost every month of the year, which will continue to the next 15 years

Don’t mean to be a spoil sport but looking at it this way can give someone a wrong impression that wealth is being created in the 15 years.

You may be getting coupons to pay your rent and school fees but at the end of the tenor your will get just your principal whose value and purchasing power would be way way less than when you invested that money.

Basically, the coupons that you are getting is not free money. It is your own money that is just being amortized for you in 15 years

May I share a little experience on why i like buying the best cars i can afford, those days when i was hustling on the streets. If you trek to a company or drive a rickety car, bros you will stand by the gate and follow all due processes at the mercy of gateman and even tips on top to allow you pass while your competitor will drive pass you with shouts of "open door for oga". meanwhile he is coming for same thing like you, just because he drives a good car. My very first car was highlander, e get why, to open business doors but people might think what's wrong with that jobless guy driving highlander back then.

If i can afford it, why not own it? if you have an investment to take care of it already, why not own it? i hate living lower than my sweat so therefore, my policy is that for every new (x)m naira i will get a car not more than 25%. Life is too short.

"man know thyself and do thyself no harm" that's for those that bother about security.

Lazyyouth4u:


Don’t mean to be a spoil sport but looking at it this way can give someone a wrong impression that wealth is being created in the 15 years.

You may be getting coupons to pay your rent and school fees but at the end of the tenor your will get just your principal whose value and purchasing power would be way way less than when you invested that money.

Basically, the coupons that you are getting is not free money. It is your own money that is just being amortized for you in 15 years

Some people enjoy the the steady income, N10 million at 15% coupon for 15 years will give the investor a total coupon of N15 million and he will get his capital of N10 million. Making a total of N25 million.

Thanks for ur swift response chief, am interested in this. i have a cscs account, i want to know if am still required to fill another form or i should just send a message to my bank to buy?

emmanuelewumi:



FG bonds in the secondary market, talk to your bank or Stockbroker.

I got this from Afrinvest yesterday

emmanuelewumi:




Some people enjoy the the steady income, N10 million at 15% coupon for 15 years will give the investor a total coupon of N15 million and he will get his capital of N10 million. Making a total of N25 million.

Compared to another investor who invested the N10 million in a fixed income fund at an annual return of 14% and also reinvested his dividend, he will have N71 million in 15 years.

Not easy to reinvest or compound your bond coupons, reason why it is better to use part of the coupons to buy fixed income funds for compounding

emmanuelewumi:




Some people enjoy the the steady income, N10 million at 15% coupon for 15 years will give the investor a total coupon of N15 million and he will get his capital of N10 million. Making a total of N25 million.

I understand but just thought to throw that out there for anyone that gets excited when they hear the gbagaun alert for coupon and think it is free money like gbagaun for dividend of a company that is doing well.

If I hear gbagaun for my bond coupon, I better go and reinvest that money if I don’t want to cry premium tears when I receive my principal that will most likely be worth nothing in 15 years

I am better off reinvesting all the coupons and meeting my recurrent expenses with my regular income.

Lazyyouth4u:


I understand but just thought to throw that out there for anyone that gets excited when they hear the gbagaun alert for coupon and think it is free money like gbagaun for dividend of a company that doing well.

If I hear gbagaun for my bond coupon, I better go and reinvest that money if I don’t want to cry premium tears when I receive my principal that will most likely be worth nothing in 15 years

I am better off reinvesting all the coupons and meeting my recurrent expenses with my regular income.

Better than the salary for life being marketed by insurance companies, with N120 million you will earn N12 million per annum for life.

I think FG bonds is far better than that

VGC is still a very good estate till today, an empty 5 bedroom fully detached is rented from 5M to 6.5M today and a plot of land is about 110-120M there, thats a good deal for someone who have invested there years ago.

emmanuelewumi:



A flat was marketed by HFP at N2 Million, duplex at N4 million.

The Investments are currently generating that and more as rental income.

XiaoLi:
VGC is still a very good estate till today, an empty 5 bedroom fully detached is rented from 5M to 6.5M today and a plot of land is about 110-120M there, thats a good deal for someone who have invested there years ago.

I know HFP an Israeli firm is still managing the estate

pls house is it possible to use cscs account i opened with stanbic bank to buy from other broker if their rate is better? if possible pls recommend the best bond offer for me @7years or more with best rate nd procedures to follow to purchase it. thanks a lot

Akerewe:
pls house is it possible to use cscs account i opened with stanbic bank to buy from other broker if their rate is better? if possible pls recommend the best bond offer for me @7years or more with best rate nd procedures to follow to purchase it. thanks a lot

Yes, you can choose either CSCS or Stanbic IBTC to be the custodian of the investment

freeman67:


Which bank has received please?

GTB.

Myhelper1:
Me too! But about 3% was deducted. Did you receive same payment as last December?

That s correct ….. I received less than December…. Certain amount was deducted…. I still wonder the reason for this deduction

emmanuelewumi:



Better than the salary for life being marketed by insurance companies, with N120 million you will earn N12 million per annum for life.

I think FG bonds is far better than that

Which insurance companies market this product

akinola98:


Which insurance companies market this product

AIICO Insurance