Horlartunes:
Guys how can we venture I to ghana treasury bills please

Lol. Una noh dey tire for this Ghana NTB matter. Contact a Ghanaian bank for the requirements

Horlartunes:
Guys how can we venture I to ghana treasury bills please

You must be prepared to leave the funds for more than two years o

However, where a non-resident investor, having sent funds from offshore, requires that the proceeds of the investment (that is, interest and maturity value) be REPATRIATED offshore, then they are restricted to the purchase of Government Securities with tenor of three (3) years and above.

For emphasis, where a non-resident investor requires that his/her investment proceeds be repatriated, then the investment can only be in instruments with tenors of three years (3) and above, such as the 3-year or 5-year bond.

https://mobile.ghanaweb.com/GhanaHomePage/business/Investment-In-Ghana-Government-Treasury-Bills-By-Non-Resident-Ghanaians-188664
Though this was the rule in 2010, i knew it was still in effect as at 2017

tunene66:


You must be prepared to leave the funds for more than two years o

However, where a non-resident investor, having sent funds from offshore, requires that the proceeds of the investment (that is, interest and maturity value) be REPATRIATED offshore, then they are restricted to the purchase of Government Securities with tenor of three (3) years and above.

For emphasis, where a non-resident investor requires that his/her investment proceeds be repatriated, then the investment can only be in instruments with tenors of three years (3) and above, such as the 3-year or 5-year bond.

https://mobile.ghanaweb.com/GhanaHomePage/business/Investment-In-Ghana-Government-Treasury-Bills-By-Non-Resident-Ghanaians-188664
Though this was the rule in 2010, i knew it was still in effect as at 2017

Nice

NIGHTLIFE100:
If you’re looking for peace of mind and safe investment better run away from bitcoin, it’ll drain you and increase your BP. You can wake up tomorrow and the value is half the price you bought it.

You're right, sir. Thanks for the valuable advice, I appreciate. I understand investments and how they work. I'm also aware of the range of volatility of different classes of investment/venture. Thanks once again!

Has anyone here ever done dollar denominated Commercial Paper through FBN quest, is there any risks associated with it?

So, I just advised mommie dearest to hold on on some land she wanted to pay cash for. We ll need that cash for later in the year to snap up distress sales.

Has anyone got any advice on where to spot such opportunities. I have got some personal contacts but I want to spread a bigger net for information.

cc:emmanuelewumi,ahibooilandgas

I know this sounds terrible but this recession fills me with excitement. Fortunes are made during recessions you know

missjekyll:
So, I just advised mommie dearest to hold on on some land she wanted to pay cash for. We ll need that cash for later in the year to snap up distress sales.

Has anyone got any advice on where to spot such opportunities. I have got some personal contacts but I want to spread a bigger net for information.

cc:emmanuelewumi,ahibooilandgas

I know this sounds terrible but this recession fills me with excitement. Fortunes are made during recessions you know

I hope you have enough cash that can take care of your expenses for the next 6 months and above, if you have done that you can invest in whatever catches your fancy


This recession is real, the most important thing is survival

tipzy001:
Good Morning guys. So I am looking to move my money from my current savings plan to zenith bank save4me plan, I called zenith customer care and the interest in it is 4.8% which is higher than other banks I've enquired from. is there anyone involve in the save4me Target savings account for zenith bank? I'll like to know if it's worth going to or if there are hidden conditions. Please advise

Someone with knowledge about this should please respond

missjekyll:
So, I just advised mommie dearest to hold on on some land she wanted to pay cash for. We ll need that cash for later in the year to snap up distress sales.

Has anyone got any advice on where to spot such opportunities. I have got some personal contacts but I want to spread a bigger net for information.

cc:emmanuelewumi,ahibooilandgas

I know this sounds terrible but this recession fills me with excitement. Fortunes are made during recessions you know

What area is that?
Please advise us on good land deals if you have any

tipzy001:
Someone with knowledge about this should please respond

There is a minimum withholding period of 3months, do u know about that is u wont make any withdrawals for 3months.

kristien4:
There is a minimum withholding period of 3months, do u know about that is u wont make any withdrawals for 3months.

Yes I'm aware of that, I don't have any intention of withdrawing from it for the whole year. are you currently into it?

tipzy001:
Someone with knowledge about this should please respond

Fidelity Bank High Yield Savings Account (HYSA) offers 5.49%

The highest interest so far amongst Banks

tukopy:


Fidelity Bank High Yield Savings Account (HYSA) offers 5.49%

The highest interest so far amongst Banks

Thank you. It Sounds good but it's my life savings so I would like to stick to tier 1 banks to have rest of mind. Are you currently into the Fidelity Bank High yield savings account?

missjekyll:
So, I just advised mommie dearest to hold on on some land she wanted to pay cash for. We ll need that cash for later in the year to snap up distress sales.

Has anyone got any advice on where to spot such opportunities. I have got some personal contacts but I want to spread a bigger net for information.

cc:emmanuelewumi,ahibooilandgas

I know this sounds terrible but this recession fills me with excitement. Fortunes are made during recessions you know

A lot of distress sales will happen after this lockdown.. A lot of businesses are already collapsing and would need funds to get back on. Unfortunately many companies will lay off workers.. If this lockdown lasts till end of this month, I’m afraid what would happen.. Interesting times..

emmanuelewumi:



I hope you have enough cash that can take care of your expenses for the next 6 months and above, if you have done that you can invest in whatever catches your fancy


This recession is real, the most important thing is survival

Boss, do you know if this will have any impact on tbills rates or are we going to have single digit rates throughout the year

chigo4u:

Boss, do you know if this will have any impact on tbills rates or are we going to have single digit rates throughout the year

I don't have an idea, it very important to be liquid or have an uninterrupted cash flow at this point in time

emmanuelewumi:



I hope you have enough cash that can take care of your expenses for the next 6 months and above, if you have done that you can invest in whatever catches your fancy


This recession is real, the most important thing is survival

Of course. I m holding on to cash for now. not investing till later

deepwater:


What area is that?
Please advise us on good land deals if you have any

of course deepwater. properties were in onitsha though

deepwater:


What area is that?
Please advise us on good land deals if you have any

land is in anambra. I ll share any tid bits as a matter of course deepwater. no fear

emmanuelewumi:



I don't have an idea, it very important to be liquid or have an uninterrupted cash flow at this point in time

Please what does it mean to be "liquid?"

Crazeworld:
Please what does it mean to be "liquid?"

To have "cash at hand" or to have assets that can be easily converted to cash.

Crazeworld:
Please what does it mean to be "liquid?"

Having more than enough cash or near cash like Treasury Bills or money investment in

Crazeworld:
Please what does it mean to be "liquid?"

Having enough cash or asset that can be easily converted to cash to meet any financial obligations

missjekyll:
So, I just advised mommie dearest to hold on on some land she wanted to pay cash for. We ll need that cash for later in the year to snap up distress sales.

Has anyone got any advice on where to spot such opportunities. I have got some personal contacts but I want to spread a bigger net for information.

cc:emmanuelewumi,ahibooilandgas

I know this sounds terrible but this recession fills me with excitement. Fortunes are made during recessions you know

I bought one last two month and another one came up 3days ago but I already left 9ja. The property is worth 60m thou but it's now on the market for 35m

MrMcJay:


To have "cash at hand" or to have assets that can be easily converted to cash.

Thanks

This is interesting

tipzy001:
Thank you. It Sounds good but it's my life savings so I would like to stick to tier 1 banks to have rest of mind. Are you currently into the Fidelity Bank High yield savings account?

I work with Fidelity Bank, I bank with Fidelity Bank and I got most of my peeps abroad to key into their HYSA savings as an investment plan.

Fidelity Bank is one of the leading tire 2 Banks and we are gunning for tier 1.
Check out our financials for 2019

Can someone look into this question pls.

XiaoLi:
Has anyone here ever done dollar denominated Commercial Paper through FBN quest, is there any risks associated with it?

XiaoLi:
Can someone look into this question pls.

what was the minimum investment value and at what percentage?

On a general note FBNQuest are like brokers, you would need to do your own research about the company offering the commercial papers to know their credit rating and how good their balance sheets have been for atleast 2 years

The minimum investment value i don't know as i have already invested. I got 4% for the interest and investment was done first week of March. My RM said that it is First Bank offering the Commercial Paper and it is risk free same as treasury bills, I just want gurus here to help look into it as those RM cannot be trusted sometimes.

damilola1978:
what was the minimum investment value and at what percentage?

On a general note FBNQuest are like brokers, you would need to do your own research about the company offering the commercial papers to know their credit rating and how good their balance sheets have been for atleast 2 years