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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4617358 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 emmanuelewumi(m): 9:19pm On Jan 11, 2020 |
aremso: What works for you does not have to work for me, there are various routes to the market. The most important thing is to be financially independent that we can afford to live comfortably from the residual income from our investments. My late mentor had over 100 stocks in his portfolio, he became a director in 5 of the companies and became the chairman of one of the companies, equally had about 40 houses in Lagos when he died in 2007. This was a man who started investing in the capital market in 1962 at age of 20 and resigned in 1979 at the age of 37 to live exclusively on the returns on his Investments. When I want to speculate, I do it solely on a stock taking a leverage position. That is my strategy and has always worked for me, I won't advise you use my strategy and I won't use your either because you are different from me as I am different from you. 21 Likes |
Re: Treasury Bills In Nigeria by aremso(m): 9:38pm On Jan 11, 2020 |
emmanuelewumi: You are very correct., everybody has what works for him/her but am sure the investor of all time Warren Buffet does not have 60-100 stocks in his portfolio and yet for more than a decade now he has always be among top 20 richest guys in the world with billion of dollars going to charity. Just my thought though |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 9:45pm On Jan 11, 2020 |
aremso: He has, check what his company has in his portfolio. 5 Likes |
Re: Treasury Bills In Nigeria by emmasoft(m): 9:56pm On Jan 11, 2020 |
ofime123: Abacus money market fund AMMF or Vantage Gurranteed income fund VGIF managed by investment one is good for you. Check my signature to get d link to open account online 1 Like |
Re: Treasury Bills In Nigeria by brandable: 10:06pm On Jan 11, 2020 |
aremso: Buffet company, Berkshire, owns 48 securities with a market value of $251 billion. 3 Likes |
Re: Treasury Bills In Nigeria by ajsans: 10:14pm On Jan 11, 2020 |
emmanuelewumi: Am sure you're referring to the Late Chief Akintunde Asalu. The Asiwaju of Ejigboland in Osun State. Popularly known as the Warren buffet of Nigeria. 3 Likes |
Re: Treasury Bills In Nigeria by ukay2: 11:13pm On Jan 11, 2020 |
Plus10: Sorry for late response. ...being busy at work today. All my stock are good DIVIDEND paying stocks... If the profit is over 50%, I usually sell and forfeit the 12-25% dividend payments and wait for pull back to buy more units of the sample stock I sold earlier. If the stock percentage profit is less than my dividend, I chop the dividend or re-invest the dividend to the same stock or to a different stock.. Never be attached to any stock or investment since no be you or family get the business. As treasury bills rates have become ridiculous, am moving to stocks for now with more dividend payments and price appreciation. When treasury bills rates are above 10%, I will come back Rule 1: NEVER LOOSE YOUR HARD EARNED FUNDS Rule 2: DON'T FORGET RULE 1. SLOW AND STEADY INVESTMENTS WIN THE RACE 15 Likes 1 Share |
Re: Treasury Bills In Nigeria by ukay2: 11:17pm On Jan 11, 2020 |
emmanuelewumi: Thanks you Sir for this response. |
Re: Treasury Bills In Nigeria by ukay2: 11:23pm On Jan 11, 2020 |
Plus10: Sir, you were not trading real time, that was your problem then. I had similar challenge with investment -one stockbroker that made me opened account with morgancapital group , and since I started trading by myself real time in the floor of NSE , life has become so sweet, easy , profitable and fun.....just like Madam Ndidigood has said above. Cheers! 9 Likes |
Re: Treasury Bills In Nigeria by ukay2: 11:32pm On Jan 11, 2020 |
ndidigood: Same strategies Madam.... The thing is that you become better and master the stock market each passing season in stock investment if you learn the lessons and applied them in your next trades 3 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:15am On Jan 12, 2020 |
aremso: Warren Buffet currently has about 50 in his portfolio and still on the lookout for wonderful businesses he can buy at a discount. I am trying to sell down all my holdings in 3 companies C and I leasing, UPDC and PZ 1 Like |
Re: Treasury Bills In Nigeria by seyisanya(m): 5:16am On Jan 12, 2020 |
emmanuelewumi:Any reason, sir? I mean why the choice of the three companies. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:50am On Jan 12, 2020 |
seyisanya: C and I leasing very complex business model, business is making money but doesn't turn to profits. PZ is having issues, caused by reduced purchasing power by Nigerians which has led to a continuous reduction in the profitability of the company. The company needs to adapt and learn how the Indian businesses are surviving and making money in Nigeria. I will sell UPDC when they are done with the restructuring of the parent company. I still have UPDC REIT, that one is churning good profits from its Investment properties and interest income from the estimated cash of over N5 billion at the disposal of the company. UPDC problem was caused by fund mismatch using short term loan to finance real estate projects. The reduction in the purchasing power of the upper class and lack of free money has negatively affected the sale of Properties in the high end of the property market which is the area the company focused on. I think UPDC needs to look at building property which the average Nigerian worker can buy, how many people can buy a property of N80 million and above. The company should look at the building of houses of N20 million and below.. The company also has debt of about N20 billion on its neck and has been declaring losses for the past 3 years stopped paying dividends about 3 years ago 2 Likes |
Re: Treasury Bills In Nigeria by Chykes4micheal: 5:51am On Jan 12, 2020 |
Hmmm... Been reading and reading stuffs from you guys. @emmanuel and Co.. I must say nice guys. I have learnt a lot from all your writings but i still don't know why i am scared of investing in shares...lolz. Treasury bill rate at the moment is not good looking at all and i have more than 900k close to 1million sitting in my account and doing nothing. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:59am On Jan 12, 2020 |
Chykes4micheal: I will advise you to buy FG savings bonds and money market funds. 2 Likes |
Re: Treasury Bills In Nigeria by brandable: 6:25am On Jan 12, 2020 |
emmanuelewumi: Sir, nice strategy you've got and I appreciate you sharing it with the forum. I would like to ask, since you invest for the cash flow which is the dividend that a company pays and you go for dividend above 10%, if you're in a situation where you invested in a dividend paying stock above 10% and the the stock appreciate in price with return above what you'll get from the dividend, would you sell the stock and lock in profit. Or would you leave it even if the stock is still below it's fair value. |
Re: Treasury Bills In Nigeria by ndidigood(f): 6:43am On Jan 12, 2020 |
ukay2:chai Na ur mama born u 1 Like 1 Share |
Re: Treasury Bills In Nigeria by ndidigood(f): 6:46am On Jan 12, 2020 |
ukay2:exactly.. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:50am On Jan 12, 2020 |
brandable: If the fundamentals of company supports the appreciation and the company is still appropriately valued I won't sell. A company made EPS of N1 in 2019 and sold for N9, if the same company now makes an EPS of N1.50k which is a 50% growth in earnings and moved from N9 to N11, I won't sell. Will sell if market sentiment moves it to above N15 When I speculate, I do such in a full bull market and usually from a leveraged position targeting just one stock. The last time I did such was in 2007. What I do every quarter is portfolio rebalancing sell some overvalued stocks if any and use the proceeds to buy more of the undervalued stocks. But I buy stocks every month at times when the cash flow is very good I buy every week. I bought on Monday, Tuesday and Friday of last week . Mr A strategy might not work for Mr B 4 Likes |
Re: Treasury Bills In Nigeria by DaBogu: 7:13am On Jan 12, 2020 |
Oga emmanuelewumi You are doing a great job for us here. I have been reading, reading. You had a mentor. Can you mentor me? TB rates are going down NSE was the best performing in the world as at last week I want to start small and grow. 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 7:17am On Jan 12, 2020 |
Chykes4micheal:it not doing notting banks are enjoying it ,given out consumer loans at 27 percent 2 Likes |
Re: Treasury Bills In Nigeria by ndidigood(f): 7:21am On Jan 12, 2020 |
aremso:Remembered having 60 something in my children account then Eg 50 unit of zenith,24 units of access,3 units of dangote cement.3 pages of investment not up to #100k.to me then l want to HV all, then dividend warrant Wii come like #20,#15 and at the end nothing tangible. Have to sell all leaving reasonable ones. But that was with an analogue broker Can't even try it now.l like few and tangible holdings. I balance, re- balance and l like tidy portfolios. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:26am On Jan 12, 2020 |
ahiboilandgas: I laughed at people who believed the current CBN policy will affect the profitability of the banks. It is the average Nigerians that it will affect |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:28am On Jan 12, 2020 |
DaBogu: Start small with about 10k, learn and grow. Little drops of water make the big ocean. A journey of a thousand miles starts with a step. 4 Likes |
Re: Treasury Bills In Nigeria by DaBogu: 7:46am On Jan 12, 2020 |
emmanuelewumi:Thank you sir. What's stock do you recommend? |
Re: Treasury Bills In Nigeria by DaBogu: 7:48am On Jan 12, 2020 |
ndidigood:You use Morgan capital? Did you download their app or how did you go about it? Thank you for your response. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:58am On Jan 12, 2020 |
DaBogu: UACN at N10.00 or below please get opinions of others. Wait till Tuesday, those who bought at N5 in December will try to sell now at N10.30k so I expect profit taking tomorrow. The business is being restructured and I see value being created through this exercise. The former managers were clueless on how to unearth the hidden values in this company. They now have new management and core investors who currently turning things around. The company is as old as Nigeria, a company that gave a loan of $500,000 to Aliko Dangote's grandfather in 1940 so that he could supply agricultural produce for export to the company. I am sure you heard about United African Company when you read about the amalgamation of Nigeria. Dangote cement is also good at the current price 2 Likes |
Re: Treasury Bills In Nigeria by alezzy13: 8:11am On Jan 12, 2020 |
incogni2o: Lol! TB is now old school. Ur 3m is about a measly 150k for the year. And it's like most banks are not even keen on it anymore. I suggest you follow the discussions here for other investment options. For me I'm taking notes silently. ![]() 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 8:21am On Jan 12, 2020 |
alezzy13: It is a cycle Treasury Bill will return back to the good old days. When it will happen, we don't know.. |
Re: Treasury Bills In Nigeria by ndidigood(f): 8:40am On Jan 12, 2020 |
DaBogu:The time l opened my acc wt them l went to their office But u can do it online. Type: Morgan capital account opening form then take it from there. Or Send them mail: customercare@morgancapitalgroup.com 3 Likes |
Re: Treasury Bills In Nigeria by incogni2o: 8:58am On Jan 12, 2020 |
alezzy13:Thanks, Pls can I have your digits? |
Re: Treasury Bills In Nigeria by janga(m): 9:35am On Jan 12, 2020 |
emmanuelewumi: Plz if one wish to buy MMF or FG Saving Bond via FBNquest, where is their office located or are they also have their office located inside First Bank? 1 Like |
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