Tolu181:
advice me where i can get 10%
i have been looking at opay but i dont really trust them

emmasoft:


You can do SFS Fixed income fund.
Operates just like MMF.

Daily valued, easy entry and exit, no penalty on withdrawal after 30 days of depodit, rate is relatively stable at an verage of 11.02 for over six months now

It's currently at 11.05;%

Click the link on my signature to register.

emmasoft:


You can do SFS Fixed income fund.
Operates just like MMF.

Daily valued, easy entry and exit, no penalty on withdrawal after 30 days of depodit, rate is relatively stable at an verage of 11.02 for over six months now

It's currently at 11.05;%.

Click the link on my signature to register.

Willie2015:
. Do they give loans against their fund..if vyes, what is their rate and max tenor ?

sgtponzihater1:


There several good companies. I use Stanbic. But other companies like FBN Quest, ARM are good choices. I generally prefer using long term players.

Interest rates are not calculated monthly, but annually, and interests mostly paid quarterly pro-rated. Interest rates vary based on MPR for money market funds, currently between 9-11%. Equity based funds vary widely.


You'll need to do your own research about what company you'll go with, and base your choice not only based on current interest rate. If you have Stanbic in mind then kindly use my ref link, but you'll be fine as long as you choose a company with a good track record, and stay the course.

All the best, and get into the Market as soon as you can to benefit from compounding.

PonziHater

Windblown2much:
Ok I thought profits are calculated monthly NOT annually. Being that as it may, I don't feel it worth investing 1M just to profit 111-113k in a year time that's somehow poor.

I'll rather invest my money in physical bussiness than this online investment that's I'll have to wait till a year time reached b4 enjoying the dividends of my profit.

Windblown2much:
Ok I thought profits are calculated monthly NOT annually. Being that as it may, I don't feel it worth investing 1M just to profit 111-113k in a year time that's somehow poor.

I'll rather invest my money in physical bussiness than this online investment that's I'll have to wait till a year time reached b4 enjoying the dividends of my profit.

jom28gy:
how do I invest in Mumbai fund?

emmasoft:


I will get back to you as per Asset backed loan

Confirmed from the team in charge.
SFS as a firm don't give such loans.
They only give such loan if you happen to be a staff of Polaris bank.

Willie2015:


Relationship should be mutual...
You can suggest it to them...
If I place N1m with them....
They should be able to give out 50 percent of the money...
It is backed by the N1m...
With no risk...

emmasoft:


Investing in a business and investing in a MMF are two different investment windows.
They are not of the same risk category or involvement of the investor.

MMF is in the category of low risk investment
All things being equal the lower the risk the lower the returns.
Moreover investments are made in different categories to achieve specific purpose.

Please note that you don't have to wait for one year to get your returns in MMF, though rate is per annum, it's prorated such that you earn interest daily and you get credited quarterly.

Most investors use MMF as another form of high interest savings compare to fixed deposits in MDBs. MMF is highly recommended for investors with low risk appetite and also good for emergency fund.

So you can still do both business and MMF.

Willie2015:


Relationship should be mutual...
You can suggest it to them...
If I place N1m with them....
They should be able to give out 50 percent of the money...
It is backed by the N1m...
With no risk...

emmanuelewumi:


You should be able to get 80%

Jasonblu:


I don't get what you mean by mutual funds?

Apitch:
Bye bye to Stanbic! 7.90%
Haba! I can't keep wailing

sgtponzihater1:
Thanks for those who used my Stanbic IBTC ref link today, every little helps and I don't take it for granted. I know you definitely don't have to.

Any one considering Stanbic as well can use my ref link on the description, any difficulty shout out and I'll be more than happy to help.

I can also share my thoughts about investment generally from money market, stocks and bonds, but these are not legal advice.

We must all be rich!

SgtPonzihater

sgtponzihater1:
Thanks for those who used my Stanbic IBTC ref link today, every little helps and I don't take it for granted. I know you definitely don't have to.

Any one considering Stanbic as well can use my ref link on the description, any difficulty shout out and I'll be more than happy to help.

I can also share my thoughts about investment generally from money market, stocks and bonds, but these are not legal advice.

We must all be rich!

SgtPonzihater

Rufusmayle:

Please can you guide me on how to run it. I did it yesterday and I was sent a message to which I am confused. I just need a clarification before I make payment into the account they send to me.

Because I don't know how I will be able to access the money since there's no place I was told to input my password during registration. Kindly help me.. You can flash me on this number and I will call back. 08039183052. Thanks🙏

sgtponzihater1:


What firm are you joining next? Kindly share your thoughts. Thanks

sgtponzihater1:


Have you been given an account number for your MMF?

If you have then input that number as your reference when transferring into their account, and that will fund your account.

In 24 to 48hours you should get online login details. To be proactive, you can ask them to send your online login details for your new account via mail.

If payments are made before 12 noon they'll reflect on your account on the same day. If not then the next working day.

Let me know if this helps already.

SgtPonzihater

Rufusmayle:
Thanks so much and I really appreciate your reply. They have sent me the login details! But where my confusion came is that i was given two account number, one is my MMF e-account number that have alphabet as the beginning number and another one they said via my bank through which i will transfer into and make the e-account number as reference.

Please is that how they do it?

Secondly i see that viewing my account via web is more ok than using the app as the app has no much information like the web. Hope I'm not using the wrong app. On the app, i can'teven find my name except for the e-account number.. Is that how it is?

Apitch:
Wait!!! Why am I getting a mail from Stanbic barely 24hrs after posting about my quitting the firm here? abi na general message?
"We appreciate your Loyalty" message

sgtponzihater1:

sgtponzihater1:


This is correct. Your e-account is your account number, and should always be used as reference every time you make a payment into their custodian account, usually a UBA account.

I use my mobile app to check my funds from time to time, otherwise I am not overly fused about the details. I sometimes use the web to compare interest rates. Otherwise I just let things add up on its own. With time you'll figure out your own preference

Thanks for keeping me updated and enjoy as well.

SgtPonzihater

Rufusmayle:

I saw a comment where it was written that e-account number for the Money Market Fund doesn't start with an alphabet C-00 but just a number digit, please how true is this?

And does anyone e-account starts from C-00?

Please this last time.

Plus10:

Ok thanks,though the one they gave me started with C and 7 digits ,something like C-005... hope it is not out of place?

sgtponzihater1:


Since you have a login what fund is showing on your account?

My MMF did not start with a C. Only my other stock based funds came with one.

However, since you can access your mobile account, you can very well tell what account it displays more than anyone else here.

Hope this helps.

PonziHater