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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4608677 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 Nobody: 2:00pm On Jun 19, 2021 |
emmanuelewumi: This is true but your principal is guaranteed. When you buy units, your principal is not guaranteed at all. 3 Likes |
Re: Treasury Bills In Nigeria by Foodempire: 2:02pm On Jun 19, 2021 |
OgogoroFreak: Confam talk 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by Nobody: 2:03pm On Jun 19, 2021 |
emmanuelewumi: Let’s think about it. You have a bond fund holding bonds and interest rates start rising. Even if you decide to convert the bonds to cash, wouldn’t you be selling at a discount? The value of those bonds will drop (whether realized in cash or unrealized) and this will bring down the price of the units. Using average historical returns to project your future earnings from a fixed income fund that issues units is like predicting your share price in a company using average historical returns. It just doesn’t work. 2 Likes |
Re: Treasury Bills In Nigeria by Ritapearlydove(f): 2:53pm On Jun 19, 2021 |
Distress sale.. A house in Ibeju lekki is up for sale. All documents are intack and we are ready to sign all necessary documents to facilitate the sale.. Dm if you're a serious buyer.. this is a serious post please 1 Like |
Re: Treasury Bills In Nigeria by keeper303: 2:57pm On Jun 19, 2021 |
emmanuelewumi: Please I need more information on Trust arrangements. How does it relate to the man's death and the wife's enjoyment? |
Re: Treasury Bills In Nigeria by Nobody: 3:08pm On Jun 19, 2021 |
emmanuelewumi: @ bolded ![]() So what did you do with her na? ![]() 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 3:09pm On Jun 19, 2021 |
emmanuelewumi: I like the bolded ![]() |
Re: Treasury Bills In Nigeria by Nobody: 3:18pm On Jun 19, 2021 |
keeper303: If one dies without a valid will, in most cases, most of the money goes to the spouse if he/she was still legally married to the deceased before his/her death. With a trust, you transfer your assets to a trustee who holds the assets on behalf of your stated beneficiaries. For example, you can have a trust holding your assets for your kids. So that when you die, they do not have to go through the courts to claim your assets and disgruntled family members cannot touch those assets. It is not cheap to use trustees sha. As in, na person wey don chop belleful dey use trust ![]() 9 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:23pm On Jun 19, 2021 |
Lazyyouth4u: That is why some years you have returns of 28% and in bad years you have returns of 5%, the funds get coupons every month and almost every week, at the end of the day those who do it practice Naira cost averaging, they get more units at low prices, get few units at high prices but at the end of the day they will alright. Since you are highly risk aversed, you can do money market funds or guaranteed income funds. I have the returns for 3 fixed income funds, 1 money market fund and 1 guaranteed income fund. Looking at a time frame of 8 years the fixed income funds returns beat the guaranteed income and money market fund returns |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:26pm On Jun 19, 2021 |
Lazyyouth4u: You too like gists sha. I politely rejected her father's deal. I am a pure capitalist, I don't involve myself in parasitic relationships, it must be a symbiotic relationship that we can both derive synergy from. 11 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:28pm On Jun 19, 2021 |
Lazyyouth4u: The higher the risk the higher the return |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 3:35pm On Jun 19, 2021 |
emmanuelewumi:She won't be a parasite na. She will cook, clean, wash clothes and even do the bedmatics. ![]() Who does the house chores and don't you spend to get freaky freaky those days? 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:45pm On Jun 19, 2021 |
OgogoroFreak: My parasite is not your parasite, in management 1+1=3 due to synergy. In a parasitic association 1+1= half or zero. I can't be the sole provider for her 8 sibblings. 25 Likes |
Re: Treasury Bills In Nigeria by Wapgod(m): 3:54pm On Jun 19, 2021 |
Ritapearlydove:How much do you intend to sell it? |
Re: Treasury Bills In Nigeria by ojesymsym: 4:20pm On Jun 19, 2021 |
I doubt anyone would fall for a scenario like this. When a father officially handover daughter to you, hard to fall for that. Its different when you are sneaking to do it and it gradually becomes official than to just accept the packaged delivery. On a lighter note, na so the small gal for stop to de call you uncle Ema to now de call you Emaboy or baby? Lol. emmanuelewumi: 3 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:43pm On Jun 19, 2021 |
ojesymsym: The man wanted to be my in-law ni. Marrying out his first daughter looks like his retirement plan Poor in-laws with huge responsibilities have this entitlement mentality 7 Likes |
Re: Treasury Bills In Nigeria by Ritapearlydove(f): 5:24pm On Jun 19, 2021 |
Wapgod: 10m |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:03pm On Jun 19, 2021 |
Lazyyouth4u: Without a will, they will need letter of administration, the wife, children and extended families will be administrators of the estate. If the accounts, business and Investments are jointly owned, it will automatically go to the surviving spouse. With 200k you can get a Trust account, it depends on the value of the assets that will be transferred to the Trust. Anybody with an asset of N10 million and above can afford to set up a Trust. 6 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:20pm On Jun 19, 2021 |
keeper303: With a Trust account his business, money and Investment with be Transferred to a corporate Trustee firm. We have FBN Quest Trustees, UTL Trustee, United Capital Trustees, Custodian Trustee and others, they are all regulated by SEC. The Trustee will manage his assets, business, Investments, pay the children's school fees, upkeep allowance for the family, provide funds for the continuity of the business. It depends on the terms of the Trust, you can decide that 25% of the value of your assets should be destributed to your children after they have graduated and the youngest child is 30 years, another 25% distribution at 35 years and final distribution of 50% at 40 years. FBN Quest Trustees are the managers of Gani Fawehinmi assets and Investments, all the children receive an annual allowance from the Trust account. We have some children of affluent families who have good jobs and businesses and still receiving tens of millions of Naira from the Trust set up by their late parents who died many years ago. Without a good estate plan, the family of man who died with about N500 million in his account might get broke in less than 10 years time, it has happened before and it will happen again because history repeats itself 17 Likes 2 Shares |
Re: Treasury Bills In Nigeria by Nobody: 7:12pm On Jun 19, 2021 |
emmanuelewumi: There are costs involved in setting up trusts. Believe me it makes no sense to set up trust accounts if you don’t have substantial assets. In the absence of a will, there is a hierarchy of people that are entitled to be administrator of the estate and the legally married spouse sits atop this hierarchy. In most cases, the legally married spouse has access to the death certificate and files for the letter of Administration along with one of her adult kids (or any adult relative she chooses if her kids are not adults). This is why legally married spouses in most cases are the ones controlling the estate of people that died without a will. 3 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:36pm On Jun 19, 2021 |
Lazyyouth4u: Death tax is 10% of the asset, professional fees can also cost another 10%. Meristem Probate services and GTL Probate services are cashing out big time rendering this services to bereaved families 3 Likes |
Re: Treasury Bills In Nigeria by Aquilapriscilla: 9:06pm On Jun 19, 2021 |
OgogoroFreak:How far na ? We talking 17 years Old here ![]() 4 Likes |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 10:31pm On Jun 19, 2021 |
Aquilapriscilla:14 years old girl dey marry for North na. You no hear say na her papa carry her come give him? How old Reginald Daniels dey when she marry Ned? 17. ![]() Also saying she go do bedmatics no mean say na instantly na. He fit wait make she reach 18 if na so he want am. 2 Likes |
Re: Treasury Bills In Nigeria by richforever123: 10:36pm On Jun 19, 2021 |
https://politicsnigeria.com/exclusive-lekki-airbnb-owner-in-police-net-after-mistress-kills-super-tv-ceo-usifo-ataga/ Please guy, be careful of these women Never lose guard. I repeat, Never lose your guard. If you have a woman you are just meeting, get to know a little more about her before having sex with her. Sex itself is risky. Also, only deal with women that you know have something to lose. Never deal with a desperate woman. It's because of this reason my married friend chose his pastor's daughter as his side-chic because he knew she won't mess up as she had something to lose. Anytime you are about to make a transfer, do not do it in the presence of anyone. Criminals are so smart that from watching your finger pattern, they can guess your 4-digit pin. Be careful. Don't keep your sidechic totally secret, let your trusted guy know about her. Let her know she is known. Never take a drink or food from a woman you barely know. If you notice you are feeling dizzy or sleepy after taking a drink, act immediately. Get out of there or call a friend to let you know there is trouble. 6 Likes |
Re: Treasury Bills In Nigeria by maishai: 11:35pm On Jun 19, 2021 |
richforever123:Lol, I laugh out when I hear stuffs like this, u forget that women are naturally designed to strike @ what a man guards most, if it's ur money that's most important to u they go for it, if it's ur time they go for it, if it's ur mother she strikes ur mother, if it's ur work she orchestrates ur sack Having a side chick is no crime just make her understand she too can have a side man 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 12:09am On Jun 20, 2021 |
richforever123: Men have been frolicking with side chicks since 1800 with no issues but just because one man loose guard no mean say e go stop any time soon o and e no mean say men do not know these rules you have stated before they enter the game o ![]() Enough men with money are still using that same Air bnb format with no issues ![]() Note: I’m not saying I’m in support of having side chicks o ![]() 5 Likes |
Re: Treasury Bills In Nigeria by Frenchkiss564: 2:30am On Jun 20, 2021 |
Advice needed I am a young man with a savings of 500k, I need a secure investment platform that can give me something at the end of each month while my capital still remains intact. Legends in the house please help!!! 1 Like |
Re: Treasury Bills In Nigeria by skydiver01: 2:43am On Jun 20, 2021 |
CBN's 3rd Quarter TBill Calendar.
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Re: Treasury Bills In Nigeria by emmanuelewumi(m): 8:50am On Jun 20, 2021 |
Frenchkiss564: Do you have a job or a business? If you don't have a job, think of a business you can use the money for or pay for a course that can increase your earning ability. 500k is small for a passive income, you need to create active income through a job, trading or business. The fund can't give you more than a steady monthly return of 5k 6 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 9:23am On Jun 20, 2021 |
If your reputation is important to you, they can also strike it. Na em make Dangotte be go international yet they still strike d guy. maishai: 7 Likes |
Re: Treasury Bills In Nigeria by Tranquility2345: 9:25am On Jun 20, 2021 |
emmanuelewumi: 5k per month may be nothing to you but might be a big deal to him. Rome was not built in a day. He’s not looking for passive income. Just the best returns for what he has saved up. 5 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 9:34am On Jun 20, 2021 |
Tranquility2345: Reason why I asked if he had a job. Since he is not looking for passive income according to you, the best bet is to do business with the money. I hope you understand the meaning of passive income by the way. Kindly share some of the secured Investments that can give good returns with us. A lot of jobless people, get money from families and friends running into hundreds of thousands of Naira and are looking for a monthly return of 50k to 100k. He is concerned about the security of his money, he should be made to also understand the expected return from the so called secured Investments.. That is why I always advise young people with limited capital to think of how they create active income with their capital and invest the returns in order to create long term passive income 14 Likes |
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