RealityShot:
that is why you should write a WILL and only your lawyer will REVEAL your true worth and sharing formula after demise.

Then highest you tell your family is, all will be fine if I go.

My father earned millions in his active years, but telling his wife his salary and all ruined him! She kept buying useless gold and JUST ONE DAY thieves came and stole them ALL!

HER EXPENSIVE CAR WAS STOLEN TOO..
Luxury brings termites, and termites leave NOTHING.


One girlfriend saw my account balance once (thanks to stupid bank SMS at the wrong moment)
and she left me! Not knowing that's one of 2 accounts.

Today, I don't even keep 5k in any account!


Thank God for saving your life BTW!

RealityShot:
that is why you should write a WILL and only your lawyer will REVEAL your true worth and sharing formula after demise.

Then highest you tell your family is, all will be fine if I go.

My father earned millions in his active years, but telling his wife his salary and all ruined him! She kept buying useless gold and JUST ONE DAY thieves came and stole them ALL!

HER EXPENSIVE CAR WAS STOLEN TOO..
Luxury brings termites, and termites leave NOTHING.


One girlfriend saw my account balance once (thanks to stupid bank SMS at the wrong moment)
and she left me! Not knowing that's one of 2 accounts.

Today, I don't even keep 5k in any account!


Thank God for saving your life BTW!

walcolm:


You don't need any mentorship on tbills investment.

Tbills are safe secure, slow and lazy investment type which is why all Nigerian banks have a large chunk of their balance sheet in tbills. The chances of losing your money is closer to zero unless you give your money to a fake or wonder bank. If you stick to regular banks even your current bank, you should be fine

Concerning interest rate offered by the banks, the different maturities should be within 1% of each other and unless you're investing in the tens of millions, the absolute return in that 1% ball pack is not enough to jump from bank to bank for.

As you would have seen on this thread, you have the choice of buying primary or secondary market Bill's and again, unless you're buying huge chunks, the difference in rate between the two market is not significant. Dont waste your time going after the extra 1 or 2% if your capital is not at least 10m...

These are my personal views based on the my own valuation

Akin3891:



Thanks, I'm sure gonna pen down my WILL soonest, so i don't need to start narrating it in the last minute. May almighty God gives us all long life

oluayebenz:


Seriously how come

RealityShot:
I keep anything between 15k-99k in mutual funds.
Above that goes to Tbills.
I withdraw till like 4-5k only remain in account..Mostly it's 1k seff for recharge cards... Lol

Bankers must be vexing for me!

walcolm:


I use the app and I have used my debit card to fund and requested remittance to my bank account multiple times with no problem

I personally see no point walking into a bank to waste my time when I can use an app like this for my tbills investment

That's my personal experience to date

zamirikpo:
Am enjoying this gist abt wife and money but u guyz have refused to look into stanbic and first bank.

It's like they are intentionally ignoring filling in our primary market purchase request with the intention of selling secondary rates to us.


Last auction was the 3rd time my request has been ignored. They would say it wasn't successful...WHY.

Wayo Don dey enter ooh....

Barrytone:
Man know thyself also know your wife. My wife knows all my investment and the worth. Been trying to educate her on how to calculate tbills but she aint interested. I want her to continue the investment when am gone. Will get my kids involved when they reach 15years. I will expect them to start investing from their first salary. My wife is even cutting down her demands so i can invest. More reason am suspended my investment to buy her a car. Just imagining that I die and one young boy come deceive my wife and squander my money. Let her squeeze the interest, the capital will generate another one.

Akin3891:



I will never advice anyone to tell his wife his total worth (in cash) , it's okay if she's informed about your overall investments . There was a day i felt terribly sick in the midnight, i thought I was gonna die, my wife was beside me doing all she could , then i said, my dear this is my worths, told her d sharing patterns (i was only concerned about the cash not houses or cars).i cld see some surprises in her face even in my dying state, God took total control and still keeping my alive. Thereafter, new requests roll in: such as, i do give my wife a monthly salary, i told her the salaries come from TBS n that is why it's regular ,then she said, you give me 100k a month, so calculate the total worth of TB than can fetch 100k a month, then give me all at once,i will like to have all in my name... I smile .cld do that but if you finish it like a prodigal son, don't come asking for more n besides i have an investment pattern that increases my TBS every six month which of course increases her monthly salaries thereafter, she now understand with me the money increases then gave me her ok. But her demands in material things increased, now to say i don't have cash is kinda difficult because she knows my worth, can only keep the incoming inflows away from her. Her fear of me taking a second wife also surge, imagine this is my 14 yrs with her, i don't take alcohol ,always sober so i don't do bitches. But overall she's a good woman n understanding type else things would have gotten out of hands.

Bravedude112:
Just go for secondary market, the difference is not much.

Thisnut:
the purpose of the marriage is defeated if there is no transparency amongst both parties.
Your significant other should be 100 percent involved in all your decisions, not limited to financial decisions as well. Transparency brings closure and intimacy in marriages. Very wrong for your spouse to find things about you from outside.

#Coming from a lone wolf.

zamirikpo:


Chief am sure u are still single ......somethings are better left to her imagination.

A man may have more or less than his wife imagines but it's safer she keeps guessing. Cos if she knows the exert figure and it's way below her expectation na wahala, if its much more still wahala.

Most importantly let her know where and how to get it in case something happens.

Barrytone:
Man know thyself also know your wife. My wife knows all my investment and the worth. Been trying to educate her on how to calculate tbills but she aint interested. I want her to continue the investment when am gone. Will get my kids involved when they reach 15years. I will expect them to start investing from their first salary. My wife is even cutting down her demands so i can invest. More reason am suspending my investment to buy her a car. Just imagining that I die and one young boy come and deceive my wife and squander my money. Let her squander the interest, the capital will generate another one.

zamirikpo:


The difference would be ooh.... cos of the sum and the tenure. Secondary usually has less than 300 days. And am working on a budget, I need that upfront money to buy product for my station.

Dunkofia20:
Bro thanks for the information I downloaded the app some minutes ago and is work well have done some transactions with it God bless

Bravedude112:
Last auction failed means you've wasted almost 3weeks without investing,check how much you've lose in 3weeks then you will realize that it is better to do secondary market,i did 321days with first bank @12.15% on may 17 instead of waiting for the next primary market which was 2weeks later or so. Check with your bank you can get a longer tenure at the secondary market instead of keeping the funds idle in your account. In tbills everyday counts!

benson4u:
What about Carbon (Paylater) investment? How safe is it, has anyone here used them? What are the Pros and Cons of the App?

walcolm:


I use the app and I have used my debit card to fund and requested remittance to my bank account multiple times with no problem

I personally see no point walking into a bank to waste my time when I can use an app like this for my tbills investment

That's my personal experience to date

Grupo:

So, you don't keep money for daily upkeep in your account?

sammily:
Secondary Market rates today
Stanbic IBTC
348 days @ 11.35% 230 days @ 11.45% 171 days @ 11.20%
FBN
346 days @ 11.4% 318 days @ 11.2% 269 days @ 11% 220 days @10.9% 164 days @10.7% 87 days @ 9.54%

holysaint1:
Would really love to start up this tbills or mutual fund investment. But my cash at hand is saying the exact opposite.

Please if you have, or happen to know someone that has any open position in which a bsc or ssce holder can occupy, kindly help with the contact or email and I will reach out.

This might be wrong, but pls admin kindly bear with me. I simply have to try an unsolicited method. Thanks.

Thisnut:
the purpose of the marriage is defeated if there is no transparency amongst both parties.
Your significant other should be 100 percent involved in all your decisions, not limited to financial decisions as well. Transparency brings closure and intimacy in marriages. Very wrong for your spouse to find things about you from outside.

#Coming from a lone wolf.

RealityShot:
I keep anything between 15k-99k in mutual funds.
Above that goes to Tbills.
I withdraw till like 4-5k only remain in account..Mostly it's 1k seff for recharge cards... Lol

Bankers must be vexing for me!