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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 Jejebabaa: 2:06pm On Jun 28, 2019 |
lancee: Yeah, you are absolutely right even if you have excellent credit score above 720 sef but you get discount if you mandate autopay and some other things that can make your APR go lower. 1 Like |
Re: Treasury Bills In Nigeria by lancee(m): 2:11pm On Jun 28, 2019 |
Jejebabaa: U re right |
Re: Treasury Bills In Nigeria by Bamz(m): 2:44pm On Jun 28, 2019 |
Jejebabaa: GTB quick loan is 21% pa 3 Likes |
Re: Treasury Bills In Nigeria by temi4fash(m): 3:33pm On Jun 28, 2019 |
Re: Treasury Bills In Nigeria by Bamz(m): 3:35pm On Jun 28, 2019 |
temi4fash: Any job that can earn you above 1.75% monthly |
Re: Treasury Bills In Nigeria by temi4fash(m): 3:38pm On Jun 28, 2019 |
Bamz: It's not child's play oo |
Re: Treasury Bills In Nigeria by PETERiCHY(m): 4:18pm On Jun 28, 2019 |
waley007: Since you budget 2m for land & fencing. I will advice you invest all the 20m in TB for 365days tenor then use the 12% upfront interest which is be equivalent to N2.4m to execute your project whereas your 20m capital will still be intact. 28 Likes 1 Share |
Re: Treasury Bills In Nigeria by Bamz(m): 4:20pm On Jun 28, 2019 |
From recent research, 2017 was a really good year for Tbills. I really do not see a trend per se from 2016 up until now but I reckon market forces and government policies have a major role to play. Using stop rates only within all 3 fixed tenors, 2016 - rates went between 4% - 19% 2017 - rates went between 13% - 19% 2018 - rates were below 15% 2019 - So far, we've seen rates between 9% - 15% PS. I rounded the figures to the nearest integer. I think it's a crime to lock down on 364 with anything less than 15%, it's better to opt for 182, and see how things turn out after maturity. 6 Likes 1 Share |
Re: Treasury Bills In Nigeria by Jobac: 5:09pm On Jun 28, 2019 |
Bamz:I can't believe that some people have enjoyed 15% and 19% interest in the past! A quick check showed that things were so bad in the country during that period. Please gurus in the house, Is there a way the interest can go up to those period quoted above and it will not have any adverse effects on our economy? 3 Likes |
Re: Treasury Bills In Nigeria by Pharmtj: 5:56pm On Jun 28, 2019 |
PETERiCHY:Gbam, in fact too much senses will not key you . 7 Likes 1 Share |
Re: Treasury Bills In Nigeria by PETERiCHY(m): 5:59pm On Jun 28, 2019 |
Jobac: I got precisely 18.65% interest on 365days tenor mid Dec 2016 primary auction via fidelitybk all thank to Buharieconomics aka CHANGE now we await what NEXT LEVEL has in stock for us...... 1 Like 1 Share |
Re: Treasury Bills In Nigeria by HeliosHay(m): 6:11pm On Jun 28, 2019 |
One Of My Fav Books On Personal Finance The Art of Money Getting by P.T Barnum https://www.youtube.com/watch?v=i7AKsLpxZTU Enjoy! 2 Likes |
Re: Treasury Bills In Nigeria by mackengift: 6:30pm On Jun 28, 2019 |
This vessel and barge are for sell Name: MT GODSHAND weight: 12000t Location: Lagos waters Price: 3.5m dollars net to owner plus 5 percent to facilitators Weight: 7900 tonne barge Name: RTC 90 price: 130m Location: lagos Call me on 08170496387 |
Re: Treasury Bills In Nigeria by 2eggs1goal: 7:10pm On Jun 28, 2019 |
mackengift:Where is the picture of it Mr seller |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 8:31pm On Jun 28, 2019 |
partnerbizz5:Yes, yes o! We are expecting 37% for 364 days tenure. 5 Likes
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Re: Treasury Bills In Nigeria by phunix: 10:09pm On Jun 28, 2019 |
In the news that CBN wants to reduce money from the system - too much Naira in circulation. Good or bad news for Tbills? |
Re: Treasury Bills In Nigeria by waley007(m): 11:29pm On Jun 28, 2019 |
PETERiCHY:OK thanks for the advice |
Re: Treasury Bills In Nigeria by damilola1978: 8:08am On Jun 29, 2019 |
Bamz:he was referring to loan in North America and not in Naija |
Re: Treasury Bills In Nigeria by Nobody: 9:12am On Jun 29, 2019 |
Good day everyone, which bank has the best interest rate for treasury bills |
Re: Treasury Bills In Nigeria by ositadima1(m): 9:23am On Jun 29, 2019 |
1 Like
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Re: Treasury Bills In Nigeria by chigo4u: 9:56am On Jun 29, 2019 |
ositadima1:Interesting figures, US is really something else with the money. UK is overrated to me lol |
Re: Treasury Bills In Nigeria by missjekyll: 10:39am On Jun 29, 2019 |
chigo4u: The uk is a tiny little island. I really dont know how they even managed to go into the g7. The English channel probably had a lot to do with that. The us is nearly a full continent. |
Re: Treasury Bills In Nigeria by cooldudeng(m): 10:46am On Jun 29, 2019 |
Equity funds is based on your risk appetite The funds are actually invested in the stock market and I would say the NSE has experienced some real bashing lately. Stock are currently at their lowest even with good financial reports being churned out by these coys The current government has been unable to restore foreign investors’ confidence hence we are not really seeing FDI to help push up the market Personally, I’ve gotten my fingers burnt investing in NSE. My portfolio is currently down 43% which is quite significant considering the amount I invested. If tables were turned. I would have just stayed in the money market were interest rate are fixed Even Axa Mansard is currently reporting a -5% decline on their equity funds. For me, safety of principal is paramount. I can’t work and now lose my investment. I’m fine with the 11-12% I currently seeing on T-bills I know it’s debatable that since inflation is currently hovering around same figure that net I’m not making much. However, my reason for investment is more for saving and safeguarding my principal pending when I have the time to fully retire and go into my own thing. It won’t be bad to also make some good interest while at it. Also there’s the 72 rule. (72/interest rate) gives u the average time in years to double your initial investment when compounding. So, you really need to be clear on why you are investing and possibly the end game too. My 2 cents Caveat: I’m not a financial adviser. I’m just some regular Joe that’s explaining things from my own perspective. Acidosis: 7 Likes 1 Share |
Re: Treasury Bills In Nigeria by cooldudeng(m): 10:47am On Jun 29, 2019 |
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Re: Treasury Bills In Nigeria by Jafsent30(m): 11:09am On Jun 29, 2019 |
ahiboilandgas:Please I think you're the only person that can answer my question since no one have ever respond to it Do you have any idea about how to in treasury bill abroad like turkey or USA or Europe cause they have better rates than nigeria even after taxes but nobody here is even talking about it Like the procedures and how to get your money back after maturity I'm well aware of the risk and stuffs but there's no guide on investment from nigeria in these foreign countries and forget those trading scam apps I've tried few and they almost made me cry so I don't want to use it again I was thinking about getting a visa and going to turkey myself or egypt to inquire but I don't know if you guys have a knowledge about it and we can all help each other Please anyone with anything that can help should share Thanks 1 Like |
Re: Treasury Bills In Nigeria by Acidosis(m): 2:00pm On Jun 29, 2019 |
cooldudeng: Hmn thanks for the insight. Very grateful |
Re: Treasury Bills In Nigeria by Nnamz(m): 2:02pm On Jun 29, 2019 |
Jafsent30:God please when I grow up, I want to be able to get a visa just to travel to a country to make inquiry on their treasury bills. I see what you're doing for others. Do same for me 7 Likes |
Re: Treasury Bills In Nigeria by ukay2: 2:16pm On Jun 29, 2019 |
About the most inspiring piece with very precise illustrations to drive home the point MUCH RESPECT TO WHOEVER WROTE THIS ARTICLE __It is a mistake to think time is going. Time is not going. Time is here until the world ends. It is you that is going. You don’t waste time. Time is infinite. You waste yourself. You are finite. It is you that grovws old and die. Time doesn’t. So make better use of yourself before you expire. And one of the worst things to do with time is comparing yourself to others. A cow eats grass and gets fat but if dog eats grass, it will die. Never compare yourself with others. Run your race. What works for one person may be that which will kill you. Focus on the gifts and talents God gave you and don’t be envious of the blessings He gave others_ . Both Lion and Shark are professional hunters, BUT: A Lion cannot hunt in the Ocean and a Shark cannot hunt in the jungle That a Lion cannot hunt in the ocean doesn't make him useless and that a Shark cannot hunt in the jungle doesn't also make him useless both have their own territory where they can do well If a rose smells better than tomatoes, It doesn't mean the rose can make a better stew. Don't try to compare yourself to others. You also have your own strength, look for it and build on it. All animals that exist, were in Noah's ark. A snail is one of those animals. If God could wait long enough for snails to enter Noah's ark; His door of grace won't close till you reach your expected position in life. Never look down on yourself, keep looking up. Remember that Broken crayons still colour. _Keep on pushing, you never can tell how close you are to your goal...! 25 Likes 3 Shares |
Re: Treasury Bills In Nigeria by ogawisdom(m): 3:28pm On Jun 29, 2019 |
Barrytone: I see a lot of wisdom in this especially wasting millions building mantion in the village for lizard n rats in the name of aku luo unu ( make money reach home town). Building is highly capital intensive and should be done when one has enough cash flow from his investment to do so. Building personal homes with seed capital n savings is a mistake that many are making when they could have invested same n pay rent from their ROl very easily until they are ready. 7 Likes 2 Shares |
Re: Treasury Bills In Nigeria by ositadima1(m): 4:55pm On Jun 29, 2019 |
chigo4u: Nigeria at 20 just behind SA, that's impressive. Most of North Africa was not covered, I wonder why. |
Re: Treasury Bills In Nigeria by Giantbear: 8:23pm On Jun 29, 2019 |
Good evening Investors. I m interested in investing.I dont even know where to start from. Have read some pages and am still lost. Dont even know the minimum to start with.Is it 100,000 or 1M I need any assistance i can get. |
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