nnadychuks:
Nigerians lazy o. How will someone put money in the bank for a whole month and expect 30%?! Whereas with mental and physical work, he could get 250% with the same money under a month.

emynem05:
Don't even know how some people take pass for school.
Someone will take time to explain another will come and confuse everybody again
12% is fixed
The duration can be 3,6, 12 months
For 3months it is 12%x 1m x 1
For 6months it's 12% x1m x 2 (2 because it's 2 quarters I.e 3 and 3=6)
For 12months it's 12% x1m x 4 (4 quarters makes 12 months)
If you no understand this one then u need to go back to nursery school

aspirebig:
Can someone throw more light on Mutual fund and these two?


A lot of people are saying that the interest rate is low but in business, the lower the risk the lower the returns and vice versa.

All of you saying ..go for bitcoin..who is regulating the bitcoin market? What happens if the money in bitcoin disappears?

I want an investment with a guaranteed capital and returns and not one high returns investment that investment will disappear with...just like all these #ponzi. .

aspirebig:
Can someone throw more light on Mutual fund and these two?


A lot of people are saying that the interest rate is low but in business, the lower the risk the lower the returns and vice versa.

All of you saying ..go for bitcoin..who is regulating the bitcoin market? What happens if the money in bitcoin disappears?

I want an investment with a guaranteed capital and returns and not one high returns investment that investment will disappear with...just like all these #ponzi. .

HSfoundation:


So you kuku want him to get lost inside your phone number? And your cooperative no get name..... A won aburo #Scam

FrenchWay:
I rather use my money to buy 200 bags of beans from Niger.
Resell in August with almost 100% interest

PNomsule:


Hello mate, seeking and sampling opinions is indeed an adviceable way to not get lost. So many informed opinion on the thread already, mine is rather practical and worth more. I work with a duly registered and licenced Cooperative based in Abuja and offer 5% dividend monthly on any sum fixed with us. In three months, 15%, 6months 30%...
0809 905 2680 for further talks bro.

deenee:
Both are interest bearing financial assets. However note this

TB is government backed while FD is not

TB is tax exempt while FD is not

TB is issued at a discounted rate and redeemed at par while FD can be issued with interest paid back end or upfront.

Both can be liquidated prematurely however at a cost.

The minimum tenor for TB is 91 days and max of 365 while FD is usually monthly (30days) up to 365 days. Also there are some FD on call

As per interest rates, up until now TB had higher rates than FD however rate is not the best criteria to distinguish between both as this is more of operational meaning rates can oscillate both ways for the two financial instruments.

For those looking to build long term wealth. I advise you have a portfolio with varying asset classes to hedge for risk. Ie cash, FD/TD equity and other classes of assets they deem fit.


Funny thing is people always avoid the equity market like it's a plague but know this in any economy there will always be a boom and bust. Oil prices will always go up and down same for dollar. This is what capitalism is all about.

When the naira really down against the dollar I told people that this was the right time to buy naira assets but they refused and some converted their assets to dollars. Some even put money in al sorts of ponzi schemes and got their fingers burnt.

Now for those that study the market well. Compare the prices of the following stocks in Jan 2017 and now Fidelity, Dangote sugar dangote cement stanbic Zenith fbn uba access dangote flour and ROI that a 1m investment will have made in 12months both in capital appreciation and dividend payments


The bitter truth is only long term investors make money ask Warren buffet and study his investment philosophy. On the other hand Nigerian are always looking for the quick way out.

hiscules:
what is the company's website and address. This is very necessary to validate your claims

ladyF:
I can't even use my money to do any of the above. I'd rather use it to buy bitcoin when it dips. Bitcoin is bae!

It's LadyF again.

Disclaimer: Please this wasn't investment advise. I'm only a merchant. www.ladyfexchange.com

kingpole:
Your narrated experience of having a bad driver is almost the norm in the Transportation business, with your new arrangements you should be in profit within 2 years. Congrats

PNomsule:


Hello mate, seeking and sampling opinions is indeed an adviceable way to not get lost. So many informed opinion on the thread already, mine is rather practical and worth more. I work with a duly registered and licenced Cooperative based in Abuja and offer 5% dividend monthly on any sum fixed with us. In three months, 15%, 6months 30%...
0809 905 2680 for further talks bro.

henryomez:
Tbills is fix deposit with cbn while the other is with your Bank. Another diff is that tbills Starts from 1m and above while fd is 100k. Tbills has to be either 3months 6months and 1yr while fd is from 1month. Tbills rate is same irrespective of the amount its the tenor that determines the rate while fd ia amount that determines the rate. Fd pays your interest at maturity while tbills pays upfront these are the major diff

Sage7:
TB- interest is received at the point of debit. FD- interest is received when it is terminated.

TB- tenure must be complete before termination. FD- you can terminate anytime.

TB- interest is slightly higher vice-versa

PNomsule:


Thats why my number is up there bro...i am only a phone call away, but in anycase its www.skyewisempcsl.com

aspirebig:




So you mean that if I invest 1m, I will be getting N50k monthly? In a year, I have gotten 60% returns.I have never heard of the company.
What is their track record?How are they making the money? People need to be careful. I am not comfortable with it.
Getting 5% ROI monthly on invest seen too good to believe. I am out.

crowntoro:
lol He doesn't know now..lol Wish I could calculate it for him to show him how it's done

ngwababe:


What's the minimum amount for each please??

FrenchWay:

Niger state.
Currently its about 20-25k. But I don't know if there are states that have them invheaper quantity.

In august or so, a bag would sell for like 50 and above

Sage7:


100k for FD
500K for TB Sir.

FrenchWay:
I rather use my money to buy 200 bags of beans from Niger.
Resell in August with almost 100% interest

ngwababe:


Thanks bro

ladyF:
I can't even use my money to do any of the above. > I'd rather use it to buy bitcoin when it dips. Bitcoin is bae!

It's LadyF again.

Disclaimer: Please this wasn't investment advise. I'm only a merchant. www.ladyfexchange.com

PNomsule:


Hello mate, i imagine you both are still sampling opinions which is an adviceable way to not get lost. So many informed opinion on the thread already, mine is rather practical and worth more. I work with a duly registered and licenced Cooperative based in Abuja and offer 5% dividend monthly on any sum fixed with us. In three months, 15%, 6months 30%...
0809 905 2680 for further talks bro.

HSfoundation:


Investing in the Nigerian stock market is a huge joke, where are the Intercontinental bank, Zenith and First bank shares of 10-15 years ago, many have crashed to below 5-10% of their market values at the IPO.....

Abeg if you have other advices but stocks....especially for some one who is not an insider to its running. Hmmmmm

PNomsule:


How many investments hubs have you heard of bro? You may as well not call, it only shows how interested and serious you are...i have just chatted with 4 people already on my cell from here. Remain skeptical all you want but is it working, how else would you know...the website i have made available and my digits are there.
Thank you for being my prejudicial Thomas.

casualobserver1:


Now is a good time to buy BTC. The current rate of USD 14k per BTC is due to traders selling topay income taxes in the USA.

After April 15th we will see prices start to rise as traders wrap up tax paperwork.

ladyF:


Okay, you are very correct. All the best in your TB.

ibinaboonline:
That's assuming you're not been sarcastic with the TB bit, you know. tuberculosis and all

WisdomEfe:


For each of the Tbills they quote the tenor in days (eg 90 days) and the discount rate per annum (e.g 14% per annum).
So lets say you want to invest in Tbills for 90 days at 14% per year so that you will have N500,000.00 (facevalue) at the end of 90 days. The amount you will pay today (the discounted value) is N482,739.73.

500,000.00 - (500,000.00 × 14% × (90/365)) = 482,739.73

The interest (the discount amount) is the difference between the N500,000.00 you will get in 90 days and the N482,739.73 you paid for it today which is N17,260.27.

500,000.00 - 482,739.73 = 17,260.27

I hope this helps.

crowntoro:
lol
He doesn't know now..lol
Wish I could calculate it for him to show him how it's done

Hotshawarma:
treasury bills is not the only investment that can provide guaranteed pocket money...