Jazmiynne:


Fear not... Your beloved is a determined suitor. I have confidence he would remain undaunted

karleone:


I'm speechless for now. I'll let my Umunnas deliberate on this issue. We'll get back to your family in no distant time. Hopefully on July 4th we'll finalize the rights.

Jazmiynne:


Me? Discourage her? I dare not!
I have only encouraged her to prepare as the waiting period shall be long

Besides.... "There are many more suitors to come..." Engr Karl I think you should think about this statement well o before investing into that list

Abimbex007:

I'll barber the HEAD and leave the hair Wicked Woman

karleone:


Just tell me I'm marrying your daughters.

amicable09:

Lolz ...
Who is poisoning your mind? If you barber your head, you will be on skin cut

I want the best for you always remember.

Dahveydson:
Hey mannylex, boss of life! trust you're good and smashing all the targets in your path.

I'll like to hear the layman explanation of all this investment kini you're on about here...

Udochee:
Bros is dat how u used to do..biko take 1 & let the rest spread for others abeggg.

Mannylex:


Think of the money market as a form of Fixed deposit but with a bit of "swag". You know fixed deposit has a stable rate from time of opening to point of liquidation, and also has a varied rate in respect to amount invested this is quite different with money market as rate is not fixed and also rate is not dependent on amount to be invested but rather on the prevailing rate obtainable in the market. Also note that the rate changes daily

In essence what this mean is that as at today where a fixed deposit of 1 million would give you a ROI of 5% for a 30 days period, an investment in money market would give a ROI of about 7-8% (the rate varies daily) but as at today, the quoted rate was 8.3%

Other Benefits are your interest are paid quarterly , there is ease of entry and exit...

Minimum investment amount is 50k, subsequent addition is also minimum 50k. ... You can easily fund your money market account via a funds transfer , cheque, bank draft or transfer on the Stanbic IBTC mobile app platform.

If you need further clarifications you can ask, you can also add me up on whatsapp. Would be glad to answer all questions.

karleone:
Bros, d content of that list can make one marry wife and take her forever away from her family.

Udochee:
Hahahahaaa... abeg i no fit laff again.i wish u well in ur endeavor. udo diri gi



BTW i found out u also attended the only FUT in the east...also studied there as well.

karleone:


Ya di kwara gi... That's awesome to hear. Who knows, we must have crossed each others path

Dahveydson:


This is still not layman enough

But it will do, i'll shoot you a msg.

In my opinion, investing in the money market isn't much of a good idea as the market isn't doing well at the moment. Stanbic, ARM and FBN have the highest interest rates for MMF currently at an average of 9 - 10%, but considering the fact that inflation rate is currently hovering around 15%, this doesn't look much like a great investment.

I frustratingly yanked off the little investment I had with FBN two weeks ago or so, a lot of other investors are also pulling their money out of the market as well as rates are not lucrative enough. If you have any cash you want to invest, I would advise you throw into the real economy, invest in agriculture, transportation, start up a business or just anything aside MMF. Heck, even Treasury Bills is a better alternative right now to MMF. The thing tire me mehn.

LastMumu:


In my opinion, investing in the money market isn't much of a good idea as the market isn't doing well at the moment. Stanbic, ARM and FBN have the highest interest rates for MMF at the moment at an average of 9 - 10%, but considering the fact that inflation rate is currently hovering around 15%, this doesn't look much like a great investment.

I frustratingly yanked off the little investment I had with FBN two weeks ago or so, a lot of other investors are also pulling their money out of the market as well as rates are not lucrative enough. If you have any cash you want to invest, I would advise you throw into the real economy, invest in agriculture, transportation, start up a business or just anything aside MMF. Heck, even Treasury Bills is a better alternative right now to MMF. The thing tire me mehn.

LastMumu:


In my opinion, investing in the money market isn't much of a good idea as the market isn't doing well at the moment. Stanbic, ARM and FBN have the highest interest rates for MMF at the moment at an average of 9 - 10%, but considering the fact that inflation rate is currently hovering around 15%, this doesn't look much like a great investment.

I frustratingly yanked off the little investment I had with FBN two weeks ago or so, a lot of other investors are also pulling their money out of the market as well as rates are not lucrative enough. If you have any cash you want to invest, I would advise you throw into the real economy, invest in agriculture, transportation, start up a business or just anything aside MMF. Heck, even Treasury Bills is a better alternative right now to MMF. The thing tire me mehn.

LastMumu:


In my opinion, investing in the money market isn't much of a good idea as the market isn't doing well at the moment. Stanbic, ARM and FBN have the highest interest rates for MMF at the moment at an average of 9 - 10%, but considering the fact that inflation rate is currently hovering around 15%, this doesn't look much like a great investment.

I frustratingly yanked off the little investment I had with FBN two weeks ago or so, a lot of other investors are also pulling their money out of the market as well as rates are not lucrative enough. If you have any cash you want to invest, I would advise you throw into the real economy, invest in agriculture, transportation, start up a business or just anything aside MMF. Heck, even Treasury Bills is a better alternative right now to MMF. The thing tire me mehn.

LastMumu:


In my opinion, investing in the money market isn't much of a good idea as the market isn't doing well at the moment. Stanbic, ARM and FBN have the highest interest rates for MMF currently at an average of 9 - 10%, but considering the fact that inflation rate is currently hovering around 15%, this doesn't look much like a great investment.

I frustratingly yanked off the little investment I had with FBN two weeks ago or so, a lot of other investors are also pulling their money out of the market as well as rates are not lucrative enough. If you have any cash you want to invest, I would advise you throw into the real economy, invest in agriculture, transportation, start up a business or just anything aside MMF. Heck, even Treasury Bills is a better alternative right now to MMF. The thing tire me mehn.

davide470:
Somebody is trying to get customer, you are spoiling 'market'.

Dahveydson, go and invest in the Stanbic MMF o.

Dahveydson:


The ever wise one. Thanks for the expose..

Just the other day I was saying to myself, it's been a while I saw a post from you.

Hope those babes in your area have not ruined you...

Lol at wise one, shey you no see 'mumu' for my name?

Bros na new half of year we dey so, I wan turn new leaf; no more old babes mbok, Na fresh babes I wan arrange now.

Kachisbarbie:


naso...who dash you?
You yanked it off and gave it to Sikira?E be like you no wan blow sha
I 'remembered' you yesterday, I know you will say it is a lie as usual.

I agree with you on throwing money into the 'real economy'. Why do people even stash money somewhere? I guess they prefer it because it has zero risk involved.

Lol old woman, I stopped dating Sikira since a month ago or so. I now have my eyes set on your beauriful sister, reason why I liquidated my money with FBN so I pay her bride price. You know I have always had a thing for Igbo girls, especially the yellow pawpaws amongst them.

Yeah you remembered me yesterday, yeah you almost called, blah blah blah mehhhh mehhhh mehhhh, go and sleep jarey. Na today?


It is a risk and reward thing - the higher the risk the higher the yield, the lower the risk the lower the yield. Most people are risk aversive, so they are naturally inclined to 'stash' their money where there is little or no risk. Unfortunately, there is nothing like no risk, taking no risk itself is a risk. If the inflation rate is higher than your ROI(Return on Investment), then that is a big risk on its own. Na people wey dey pack money put for savings account I pity pass.

davide470:
Somebody is trying to get customer, you are spoiling 'market'.

Dahveydson, go and invest in the Stanbic MMF o.

Haah, sorry o Mannylex, no vex say I go dey try put sand sand for your garri o. Dahveydson Oya pack all your money, straight to Stanbic MMF immediately!

cc150615:

So wic of these places did u dump ur millions, boss?

Which millions mbok? Biko na manage I dey manage like everyone else o

I'm currently flirting with the idea of going into transportation. I for like enter agriculture but no time mehn.

Lero15:
Ferdyboss please pick up your call. Been trying your number throughout the week.

LastMumu:
Which millions mbok? Biko na manage I dey manage like everyone else o

I'm currently flirting with the idea of going into transportation. I for like enter agriculture but no time mehn.