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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4628974 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 veneza(f): 2:31pm On Nov 23, 2018 |
not everybody knows when you collect rents if you don't tell them,because you can receive rent from your tenants anytime of the year depends on when they have cash available to pay in some cases. also you should know that the rents you receive is your interest not your capital, the property is your capital because property appreciate with time. my advice to you is to be saving all your rents and then invest it in treasure bills then you have doubled your interest, even if it's small interest rate but in the near future when starts enjoying it I hope you remember. Am telling you this because am doing same coming year,I just found out about Tbills I have to keep learning more before then,not all that glister are gold. 13 Likes 1 Share |
Re: Treasury Bills In Nigeria by Acidosis(m): 2:42pm On Nov 23, 2018 |
feelamong:exactly ![]() |
Re: Treasury Bills In Nigeria by Acidosis(m): 2:49pm On Nov 23, 2018 |
Diyke4rich: Don't let the interest deceive you bro. The value of your property increases over time with or without cost of rentals (annual rent from tenants). Meanwhile, the value of your capital on Tbills remains constant forever, all things being equal. It only increases when you reinvest interest received. Chances are the value of your property will increase even in the face of inflation while capital face inflationary threats over time. Please do some additions and substraction before you sell. You can keep your property and invest rents received from tenants. 5 Likes |
Re: Treasury Bills In Nigeria by Nobody: 2:53pm On Nov 23, 2018 |
Diyke4rich: Dont sale that house, i have done most of this stuff and i can tell that U need all of these asset to be balance in life. Are u aware that some people after they do T.B. dey will spend the interest before 3mth. if u're like dat wat ur gain ? after selling and dollar goes up to 550 or 600 u've lost ur money. but with real estate it catches up. My advice Make sure u have a Real Estate investment, T.B investment . REAL LIFE BIZ as well. Even dollar investment...dis is nigeria where thins change quickly. Go through my argument on this thread with @Chukzyfcb 2yr ago . https://www.nairaland.com/878880/treasury-bills-nigeria/172 The same Chukzyfcb who thought T.BILL is the GOLD 2yr ago is now A CRYPTO trader. he was even calling T.BILL blood money 2yrs ago..Now ask him again if T.BILL is blood money . ask him again does he understand how tbill is only better dan savings now in 2018...read the thread and see the argument. 5 Likes |
Re: Treasury Bills In Nigeria by NL1960: 2:55pm On Nov 23, 2018 |
veneza: You only get the cash when you sell and most people do not sell and when they die, property goes to the children for which you can see litigation if there was no will. |
Re: Treasury Bills In Nigeria by vacanci: 3:31pm On Nov 23, 2018 |
veneza: I live in a house that was purchased by my landlord for N23 Million 5 years ago. I pay rent of 800K annually. recently, he tried selling it and there was no buyer at 17M naira. Houses sometimes depreciates. Now imagine that money in treasury bills for the past 5 years. That will be over N46 Million when compounded by reinvesting interest. Do your calculations and see for yourself. The guy that may have put his money in TB 5 years ago can simply write a cheque of 17M today and buy the house. he will have another 30M as revolving fund in TB. Cash is king. 11 Likes |
Re: Treasury Bills In Nigeria by vacanci: 3:32pm On Nov 23, 2018 |
Acidosis: I live in a house that was purchased by my landlord for N23 Million 5 years ago. I pay rent of 800K annually. recently, he tried selling it and there was no buyer at 17M naira. Houses sometimes depreciates. Now imagine that money in treasury bills for the past 5 years. That will be over N46 Million when compounded by reinvesting interest. Do your calculations and see for yourself. The guy that may have put his money in TB 5 years ago can simply write a cheque of 17M today and buy the house. he will have another 30M as revolving fund in TB. Cash is king. |
Re: Treasury Bills In Nigeria by feelamong(m): 3:36pm On Nov 23, 2018 |
vacanci: If only people know the amount of Properties that AMCON and banks are carrying about and looking for people to buy and give them cash for... But then one needs to check a lot more before actually ditching house for Tbills. many that invested in houses in Lekki area are till now praying for someone to just pay at reduced price to give them cash flow 4 Likes 1 Share |
Re: Treasury Bills In Nigeria by sunnydayasaba(m): 3:37pm On Nov 23, 2018 |
vacanci: Nigerians don't understand, it's not house that appreciates, but the land. An empty land well fenced and gated will appreciate more than a house built on the same location because you don't have any maintenance cost associating with a land like a house. So if you decide to invest in a property, buy lands and secure them very well, that way of you decide to sell, You will easily receive offers and good offers for that matter. 9 Likes 2 Shares |
Re: Treasury Bills In Nigeria by ShockMajor: 3:42pm On Nov 23, 2018 |
Please this treasury bill stuff is really confusing to me. Bt to summarise can someone just answer this question for me explicitly. If i put 1m in treasury bill for 91days with interest rate of 10.95%, and 1m for 182days with interst rate of 13.16%. How much interest m i getting respectively minus my capital. Pls guys just the value, if i get the value, i can reverse engineer the math n understand the flow. So no need to solve/explain, someone should just tell me the interest ill get. Thanks guys, m waiting for replies. God bless you all. |
Re: Treasury Bills In Nigeria by Nobody: 3:43pm On Nov 23, 2018 |
vacanci: The house we bought at 30m same 4.5 years was been negotiated for 61M , 6 no of 3bedrm. we not even in a rush to sale it as we waiting for higher offer. the last T.B i did . i spent the interest within 3mth. 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 3:43pm On Nov 23, 2018 |
vacanci:he bought the house at a high price...inflated if the rent is 800 k per anum then the price of the house is Max 16 m ....house are valued base on the rental income for 20 years ,commercial property 15 years ...that house prices of sale is riched...for 23 m house the rent should be 23m/20 years ..1.150m ....house seller are lucky if the buyer is eager to buy up the property or want to reside there...speculative customer... 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by sunnydayasaba(m): 3:43pm On Nov 23, 2018 |
If an investment in Tbill primary market is done. Do bank issue certificates to the individual as prove on demand? |
Re: Treasury Bills In Nigeria by unite4real: 3:49pm On Nov 23, 2018 |
ahiboilandgas: |
Re: Treasury Bills In Nigeria by unite4real: 3:51pm On Nov 23, 2018 |
tritritri: So it means if u eventually sell the house, you will spend the proceeds within 12 months abi. Why will you conclude that TB interest will just be spent without reinvested. People are not same in terms of investment culture. I always compound my interest. 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 3:54pm On Nov 23, 2018 |
unite4real: It a family house ..Meanwhile Is it not the same nigeria? Where price r inflated everyday naira becum worthless ? cost of living on the high yearly.. 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 3:55pm On Nov 23, 2018 |
unite4real:that the mistake....he devalued his house out of pity... investment uses empirical fact .if I buy for 23 million how many nigerian can rent for 1.2?He need that research B4 paying for the house other is the coming ressession,growth of the economy...he better off buying in game village for 7 million each he for buy 3 unit 5 years ago rent it for 600x3 ....1.8 m annually he a poor investor...... 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by Acidosis(m): 3:58pm On Nov 23, 2018 |
vacanci: Like any other business, sales is never an easy task. That he wants to sell his house doesn't guarantee him an instant buyer. He has to work harder to get a good deal. Meanwhile, you haven't told us how much your landlord made on rentals for the same 5-year period. Remember to add reinvested interests for the same period. We can't assume he ate his rent. |
Re: Treasury Bills In Nigeria by NL1960: 4:02pm On Nov 23, 2018 |
feelamong: Let them come to Apapa and see the number of vacant houses. Many offices, schools and people have left the houses there. Nobody is buying nor letting. What is the usefulness of a house that is 'appreciating' without any hope of being occupied in the future. 3 Likes |
Re: Treasury Bills In Nigeria by NL1960: 4:05pm On Nov 23, 2018 |
sunnydayasaba: Well said. You need to see some dilapidated houses and i wonder if such houses are appreciating as people keep saying or depreciating. |
Re: Treasury Bills In Nigeria by NL1960: 4:09pm On Nov 23, 2018 |
ShockMajor: Druss: use that to get the interest. 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 4:12pm On Nov 23, 2018 |
tritritri: Within how many months did you spend the rent you collected on the house?. 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 4:16pm On Nov 23, 2018 |
unite4real: No. The proceeds will not be spent at all. It will be put under mattress where it will be looked at every morning. ![]() ![]() 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 4:22pm On Nov 23, 2018 |
tritritri: A family house is not easy to sell especially if there are many people tied to it. You need a consensus from everybody tied to it to sell it. So you might have a situation whereby you have an appreciating asset that cannot be sold. |
Re: Treasury Bills In Nigeria by RealityShot: 4:23pm On Nov 23, 2018 |
GonFreecss1:did you hear the news about CBN Retaining MPR at 14%? That should tell you something about my basis for "optimism". However, I am not optimistic, if anything. Buying power is the same weather your money is in dollars or naira. Except you are buying a commodity that it's pricing doesn't follow the dollar (local agro goods) But even those are reducing fast! I choose to gamble on treasury bills; it suits my temperament. And I understand it and it's "risks". That might not be same for everyone. GOOD luck |
Re: Treasury Bills In Nigeria by Nobody: 4:27pm On Nov 23, 2018 |
NL1960: Bros na wa ooh...the owner (my dad) has the C of O and he's alive .. the issue is btw real estate and t.b. NL1960: How would i know...i dey my papa pocket ?. |
Re: Treasury Bills In Nigeria by NL1960: 4:32pm On Nov 23, 2018 |
tritritri: That means it is not a family house. Why i wrote that initially is that i have seen family houses where rooms or flats were shared to each child. You can only sell your room or flat. You cannot sell the entire building without the consent of other owners. Btw, i know the issue is between real estate and t.b. Other things come in between. There are some properties that you see lie wasting and you wonder why it has not been sold. Some properties are not easy to dispose. |
Re: Treasury Bills In Nigeria by mymadam(m): 4:58pm On Nov 23, 2018 |
NL1960:Naija, I hail ooo ![]() 1 Like |
Re: Treasury Bills In Nigeria by Diyke4rich: 5:03pm On Nov 23, 2018 |
I think with the useful information i am getting i think i will cash in one of the house tenant are wicked in nigeria 1 Like |
Re: Treasury Bills In Nigeria by vacanci: 5:05pm On Nov 23, 2018 |
tritritri: and you knew that someone else will finish his own TB interest within 3 months. What an irony |
Re: Treasury Bills In Nigeria by Grupo(m): 5:05pm On Nov 23, 2018 |
NL1960: Hahahaha. I was laughing all through the time I read this comment. Sir, wisdom will not kill you. ![]() |
Re: Treasury Bills In Nigeria by Nobody: 5:34pm On Nov 23, 2018 |
vacanci: tritritri: Read well to understand before u comment . i said if he is like those people . brother sale the house. put the money for t.bill , do t.bill till u reach 50 yr old. #Case Close at list by 60yrs u go finally get 1 rental house to ur name and 1 duplex so ur wife and children no go cry for house rent in 60yr time. |
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