zamirikpo:


Awesome calculation and a very sound review. First I don't know about most of the guyz here but in 20yrs driving a lambo with probably my walking stick may not interest me, Savings and compounding interest maybe a sure thing but too slow for my liking, and like u mentioned devaluation of the naira and other unforseen events could affect expected returns.


What we should concentrate on ,is on the best strategy to save and compound interest,at whatever initial capital we can afford and see where it takes us. And also explore other ideas in real estate and other possible investments that may churn out money faster.

@awesomej I am very bad with calculations but how much would I save in 20yrs if I have an initial capital of 10m today with a monthly savings of 300k. @ a minimum interest rate of 11% in TB.

What about me that have 120k

What about me that have 120k

ahiboilandgas:
not possible cos even if you compound 35 m yearly for 20 years this will amount to 532 m by 2039 ....

zamirikpo:


Awesome calculation and a very sound review. First I don't know about most of the guyz here but in 20yrs driving a lambo with probably my walking stick may not interest me, Savings and compounding interest maybe a sure thing but too slow for my liking, and like u mentioned devaluation of the naira and other unforseen events could affect expected returns.

What we should concentrate on ,is on the best strategy to save and compound interest,at whatever initial capital we can afford and see where it takes us. And also explore other ideas in real estate and other possible investments that may churn out money faster.

@awesomej I am very bad with calculations but how much would I save in 20yrs if I have an initial capital of 10m today with a monthly savings of 300k. @ a minimum interest rate of 11% in TB.

rationalmind:


Around 325m. With 18% rate, you'll have 851m.

Apparently, with compound interest, every little difference in rate matters. We have to hope rates return and remain around 18 levels.

zamirikpo:


Awesome calculation and a very sound review. First I don't know about most of the guyz here but in 20yrs driving a lambo with probably my walking stick may not interest me, Savings and compounding interest maybe a sure thing but too slow for my liking, and like u mentioned devaluation of the naira and other unforseen events could affect expected returns.


What we should concentrate on ,is on the best strategy to save and compound interest,at whatever initial capital we can afford and see where it takes us. And also explore other ideas in real estate and other possible investments that may churn out money faster.

@awesomej I am very bad with calculations but how much would I save in 20yrs if I have an initial capital of 10m today with a monthly savings of 300k. @ a minimum interest rate of 11% in TB.

NL1960:




Use this link below for calculation.

http://www.calculator.net/investment-calculator.html?ctype=endamount&ctargetamountv=1000000&cstartingprinciplev=10000000&cyearsv=20&cinterestratev=11&ccontributeamountv=300000&ciadditionat1=monthly&printit=0&x=69&y=20

X21:

at 15.4% compounded, 35m in 20yrs is Ib
A B C D E yrs principal intrest rate intrest B+D 1 35,000,000 15.4% 6,387,066.24 41,387,066 2 41,387,066 15.4% 7,552,626.67 48,939,693 3 48,939,693 15.4% 8,930,887.44 57,870,580 4 57,870,580 15.4% 10,560,663.72 68,431,244 5 68,431,244 15.4% 12,487,853.97 80,919,098 6 80,919,098 15.4% 14,766,732.55 95,685,831 7 95,685,831 15.4% 17,461,478.23 113,147,309 8 113,147,309 15.4% 20,647,981.61 133,795,290 9 133,795,290 15.4% 24,415,982.36 158,211,273 10 158,211,273 15.4% 28,871,596.55 187,082,869 11 187,082,869 15.4% 34,140,305.11 221,223,174 12 221,223,174 15.4% 40,370,487.69 261,593,662 13 261,593,662 15.4% 47,737,601.37 309,331,264 14 309,331,264 15.4% 56,449,122.01 365,780,386 15 365,780,386 15.4% 66,750,387.19 432,530,773 16 432,530,773 15.4% 78,931,505.61 511,462,278 17 511,462,278 15.4% 93,335,527.17 604,797,805 18 604,797,805 15.4% 110,368,104.16 715,165,910 19 715,165,910 15.4% 130,508,915.36 845,674,825 20 845,674,825 15.4% 154,325,175.00 1,000,000,000

Fxmanager:
It will take you, 8years to grow your #120k to #1,129,481,238.15 (1.1billion+) by creating your international currency trading portfolio to be managed by our trading team, with a target of an average monthly return of 10%+ to you, after deduction of performance fees. Check our profile signature for the link to our website and real/live account currency portfolio/fund management and trading journal here in Nairaland.[/color]

ositadima1:


A 10% monthly ROI? With this wonderful strategy you would be richer than all the world richest, present and past combined, in the next couple of years, I have run the simulation, it turned out more zeros than my computer can handle.

My question is why are you spamming this thread, I don't understand, you have cracked the code to infinite wealth haven't you?

Get a loan from GTB or what ever bank you use and conquer the world. Cheers.

Fxmanager:
Follow the link below to learn how you can turn your #1,000,000 to #304,000,000+ in 60 months (5years) investing with us.

If you plug in #4million investing with us at an average 10%+ monthly return to investors after deduction of performance fees, you will earn up with #1.2billion+.

Our trading strategy has been tested for more than 5years now. Tested in our private capacity for more than 4years, ran a demo account journal here for 7 months, which we had to take down, due to criticism from interested investors that we were running a demo account and the fact that it was expensive, running it in a demo account without any gain. Today we are currently running a real/live account currency portfolio/fund management and trading journal with a target of an average 10%+ monthly to investors after deduction of performance fees. The link below links you to the journal.

What determine the strength of a trading strategy is, short average trade time (not exposing the trading account to market risk), short maximum trade time (not exposing trading account to market risk), high pip expectancy ( the ability of the trading strategy to handle large funds under management).

This is what you need to check in our trading statistics from myfxbook. Check the average trade time under 2hrs, maximum trade duration under 3hrs, pip expectancy of +12 (even if the pip expectancy should be +3), with us trading exclusively the major currencies of the world (not cryptocurrencies). Comb the entire myfxbook, even any currency trading statistics in the entire world, you will never find such trader/trading team like ours or trading statistics like our own trading statistics, with such trader/trading team, trading exclusively the world major currencies (EUR, USD, GBP, JPY, CHF, CAD, AUD, and NZD).

From the above, you should deduce that our trading strategy has a very low capacity constraint (the ability to handle large funds under management). It will surprise you to know that our trading strategy can handle millions of dollars, if not billions. We want to use this opportunity to inform you that we welcome high net worth individuals and institutional investors like banks, pension funds, insurance companies to take advantage of this opportunity.

https://www.nairaland.com/4565912/real-account-currency-trading-journal#68569164

awesomeJ:

I'm still working on my fears concerning real estate.

But I would like to point out that if you put 7m into T-bills in Jan 2004, by Dec 2015, it would have amounted to 37m, assuming a compounded annual interest of 15%. (in late 2015 t-bills returns were below 11%, but in 2017, they were above 22% so 15% average is somewhat realistic).

Meanwhile there was this research earlier this year by Investment One or so, that showed that buying GTB shares with 7m in Dec 2008, your total returns by Jan 2018 would have been 77m.

I still have real estate on my radar though.

chukzyfcbb:

You have summoned me back here after low rates sent me to stealth mode.

for real estate this has always been my thought.
Investing in real estate for cash flow is good but no super smart if you ask me. Land flipping is a much faster way to make it in real estate.

Eg If I had 100m naira, rather than buy a plot of land build a 3storey building worth a total of 100m while earning 5-8% (5-8million/p.a) annually , which is the average in Lagos by the way. I would rather buy 5 pieces of land worth 20m naira EACH at several location.

I mean ask yourself, what exactly makes a house costly? its typically the LAND and its surrounding economic activities! The structure itself requires a whole lot of maintenance to uphold its value. You have to re-paint , repair roofing sheets over time, plumbing work and etc.

Erecting a structure to me is Over hyped! Most people just do it for the prestige that comes with it Land flipping is the real deal.

You can have 5pieces of land worth 20m each, in 15 years, each piece of land could be worth 60m or more leaving you with 300m. While the one who erected a structure is battling a depreciated roofing sheets, tenants court cases, filled up soak away and co.

I understand most do it for cash flow. which is where Tbills comes to the rescue a place to earn cash flow with no tenant wahala or vacant flats problems.

In the end, Its good to spread your investment across different asset class coz you don't know the evil that could befall you. Even the Holy book supports this.

cheers!

zamirikpo:
@awesomej and co...... u guyz are just brilliant
Thank u

I should reserve 10m and anticipate 11% for 20yrs ,plus a savings of 300k monthly that should take care of my children's inheritance, they should build on that.

Next plan is to set aside at least 5 plots of land in different locations , this should help me guard against currency devaluation , cos land never depreciates, so in case my TB suffers any form of currency malfunction I will recoup from my land bank.

Executing this plan may cos some discomfort now but anything that ensures some comfort in old age is worth it. That time I won't have the energy to run around like this.

Then the big question now is how do I drive a lambo or Porsche within the next 5yrs, or at least a range. my monthly earnings and total savings have been mortgaged.... ....for future gains leaving me with very little today.

Food for thought for those in my shoes.

Desanta:
Fxmanager should be banned.
Let him go and open his own thread and stop spamming our thread.

talktrue1:
A man bought a land in 1998 at N150,000 in Nyanya. Abuja.
In 2012, he partitioned the land into 6 (50x100) and sold each one of them 2.5m. making N15m total

Same thing with people that bought land in Maitama, Abuja at a very low rate. Today, they are selling the land in millions.

In as much as you are doing TB, you have to invest in something.
Some people have 3 or 4 cars in Uber and Taxify. Some are making it real big while some are regretting and pulling out of it.

I will end with this quote

"A bank is a broker between the poor and the rich. The only place where the two meet is in a bank. The poor brings the money, through saving, and the rich takes it, through borrowing. A poor person saves the money because they have more money than their thinking capacity. So they keep the money in the bank so they can go and think what to do with the money they saved.

On the other side, the rich people come to pick that money, through borrowing, because they have more ideas than the money they have. On a practical side, please show me one billionaire who got rich through saving and I will show you a million people who have money saved in the banks and are still renting the houses that the Millionaires and billionaires build through the poor people savings which the rich borrowed from a bank"

awesomeJ:

He knows the kind of folks here. He knows the probability of him getting any of us to sign up to his deal is SUB ZERO. yet he keeps making funny post.

Mynd44, Fxmanager needs a temporary ban please.

Ikmontana1:
[b][/b]

ahiboilandgas:
ban plus a prison term for attempted 419 and ponzi

Fxmanager:
We are not running a ponzi scheme, visit our website and our currency portfolio/fund management and trading journal, so as to learn more about our investment structure, which prevents the funds managers from having access to deposit/withdraw from investors portfolio/account.

WhichKindWahala:

It will take an unrepentant scammer 1 second to disappear with your 120k

Comeandcollect:

It will take an unrepentant scammer 1 second to disappear with your 120k

X21:


at 15.4% compounded, 35m in 20yrs is Ib

A B C D E
yrs principal intrest rate intrest B+D
1 35,000,000 15.4% 6,387,066.24 41,387,066
2 41,387,066 15.4% 7,552,626.67 48,939,693
3 48,939,693 15.4% 8,930,887.44 57,870,580
4 57,870,580 15.4% 10,560,663.72 68,431,244
5 68,431,244 15.4% 12,487,853.97 80,919,098
6 80,919,098 15.4% 14,766,732.55 95,685,831
7 95,685,831 15.4% 17,461,478.23 113,147,309
8 113,147,309 15.4% 20,647,981.61 133,795,290
9 133,795,290 15.4% 24,415,982.36 158,211,273
10 158,211,273 15.4% 28,871,596.55 187,082,869
11 187,082,869 15.4% 34,140,305.11 221,223,174
12 221,223,174 15.4% 40,370,487.69 261,593,662
13 261,593,662 15.4% 47,737,601.37 309,331,264
14 309,331,264 15.4% 56,449,122.01 365,780,386
15 365,780,386 15.4% 66,750,387.19 432,530,773
16 432,530,773 15.4% 78,931,505.61 511,462,278
17 511,462,278 15.4% 93,335,527.17 604,797,805
18 604,797,805 15.4% 110,368,104.16 715,165,910
19 715,165,910 15.4% 130,508,915.36 845,674,825
20 845,674,825 15.4% 154,325,175.00 1,000,000,000

zamirikpo:


15.4% of 35m is 5,390,000 and not 6,387,000 as u stated on number one. I don't understand the calculation