Grupo:
You will collect around #300 only

needful:


You can say it again sis. Those Mr I too know thinks hiding properties and money will make them more wealthier. They prefer to use the money to carry ashawo, spend money on girls as they want, help their own family members etc. Eventually, any day the woman sees the wealth, she will quietly poison him. Be open to your wife and she will be the one over protecting the money self

zamirikpo:
Pls make una no vex......is it true that there would be no TB auctions in December.

zamirikpo:


Pls someone should help.......

I need to draw Christmas budget

Agbaletu:

lol @Christmas budget
Add a carton of Non Alcoholic Wine and a Ram to your budget.

billtommy:
it seems Global oil price is nosediving...treasury bills rate are expected to increase, Naira is expected to fall and CBN might have a turbulent time defending the naira. Black market sources said USD has started increasing..Is this the best time to take the FX risk Advice oooo

IyawoToBe:
I wonder o. I guess the men on this thread need premarital counselling. Because I can't even conceive it that somewhere in my husband's mind, there is the thought that i can kill or poison him to inherit his money. He knows the woman he marroed too well to even entertain the thought.

You men should KNOW the women you are marrying before marrying them !!!

IyawoToBe:
I wonder o. I guess the men on this thread need premarital counselling. Because I can't even conceive it that somewhere in my husband's mind, there is the thought that i can kill or poison him to inherit his money. He knows the woman he marroed too well to even entertain the thought.

You men should KNOW the women you are marrying before marrying them !!!

TissuePaper:
Barrytone

Barrytone:


How far

ositadima1:


I am not wasting any of my rockets on you, chicken.

In this age, power is no longer measured by physical strength, but by financial aptitude - who makes the most money gets to wear the pants.

I know it scares you, but as time goes on smarter women will be making more money than their partners, that is capitalism my friend, suck it up.

zinaunreal:


And there i thought superman wanted to drop something hot. My friend go one side

Eddy4400:



Also, pls is there any safe online platform that one can purchase tbills without having to open a new bank account with the bank rendering the tbills services?

Any help will be appreciated, thanks.

STNWAUME:
@ House pls if I'm to invest N1million in Treasury Bill @15% interest rate what will be my compound interest in 5yrs time.

ositadima1:
I heard these three countries; America, Russia and Saudi Arabia produce more barrels per day than other OPEC countries combined.

Does it mean these 3 countries now control crude prices? What are the implications on the Nigerian economy going forward? T.bills nko?

unite4real:


if the 15% will not change every other year, you will have your principal doubled.

N2,011,357.19 with interest compounded annually

Viqtour:


Pls how do you calculate compound interest?

Gavrelino123:

1ST YEAR= 15% of 1,00,000=150,000
Then Principal + Interest=1,000000 + 150,000=1,150000

2ND YEAR= 15% of 1,150,000=172,500
1,150,000 + 172,000=1,322,500

3RD YEAR=15% of 1,322,500=198,375
1,322,500 + 198,375=1,520,875

4TH YEAR=15% of 1,520,875=228,131.25
1,520,875 + 228,131.25=1,749,006.25

5TH YEAR= 15% of 1,749,006.25=262,350.94
1,749,006.25 + 262,350.94=2,011,357.19

* Note,you will still face the "residual value" of Bank charges according to its lead-time..

Viqtour:


Pls how do you calculate compound interest?

Grupo:


I thought you would reinvest the interest. Not so?

Gavrelino123:

1ST YEAR= 15% of 1,00,000=150,000
Then Principal + Interest=1,000000 + 150,000=1,150000

2ND YEAR= 15% of 1,150,000=172,500
1,150,000 + 172,000=1,322,500

3RD YEAR=15% of 1,322,500=198,375
1,322,500 + 198,375=1,520,875

4TH YEAR=15% of 1,520,875=228,131.25
1,520,875 + 228,131.25=1,749,006.25

5TH YEAR= 15% of 1,749,006.25=262,350.94
1,749,006.25 + 262,350.94=2,011,357.19

* Note,you will still face the "residual value" of Bank charges according to its lead-time..

unite4real:

Gavrelino123:

1ST YEAR= 15% of 1,000,000=150,000
Then Principal + Interest=1,000000 + 150,000=1,150000

2ND YEAR= 15% of 1,150,000=172,500
1,150,000 + 172,000=1,322,500

3RD YEAR=15% of 1,322,500=198,375
1,322,500 + 198,375=1,520,875

4TH YEAR=15% of 1,520,875=228,131.25
1,520,875 + 228,131.25=1,749,006.25

5TH YEAR= 15% of 1,749,006.25=262,350.94
1,749,006.25 + 262,350.94=2,011,357.19

* Note,you will still face the "residual value" of Bank charges according to its lead-time..

Gavrelino123:

Sir,if you are given a simple question on Compound interest......the above is what you should indicate....and you are not expected to go any further...
What you are indicating is called "True Yield".
True Yield is your actual return on investment..
Your yield becomes even higher if you reinvest your upfront interest instead of consuming it..
Divide the tenor you invested by days 365...that is your true yield..
You are investing your upfront interest to its lowest ends....
But it's not need here..
Thanks.

zinaunreal:
lonely feminist.

BiafraIShere:
You just said my mind! The other poster that is contemplating whether to sell his property and invest in TBills and the insinuations some people made about TBill offering a better prospect made me consider my own situation and I discovered that property investment is better. In my own case, I bought a land @ 1.2 million in 2013 I.e 5 years ago and with sundry expenses like agent fee, ego omenala (tradition money) and power of attorney, everything amounted to around 1.5 million. Today, the market value of that same piece of undeveloped land is 3 million and I just leased it to a small branch of RCCG church to be paying 60k annually. So, if I had been investing in Treasury Bills since the past five years at say 14% interest rate, the maximum I could have gotten probably won't have exceeded 700k plus capital 1.5m which together is still significantly less than the 3m. So, I guess TBills is a great investment but property is better.

needful:


If a woman decides to have her own money now, inferiority complex will make u complain of her not being submissive, so why not make the money for the both and allow her submit to u.

Many atimes, men who complain that women are not submissive hav lesser wealth compared to the woman wealth. Experience has taught me that the moment a woman starts making money of her own, the man, all of a sudden will start complaining that she is not respectful.