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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4632759 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 Emmaesty(f): 1:20pm On May 25, 2020 |
Grupo: You can make a lot of more in fixed income by compounding but it usually takes time i.e 10-15yrs. Most people use it as their retirement fund. Goodluck in trying to catch rich women o One day your hustle go blow 4 Likes 1 Share |
Re: Treasury Bills In Nigeria by GonFreecss1: 1:21pm On May 25, 2020 |
Grupo: Under 30 here. 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by GonFreecss1: 1:21pm On May 25, 2020 |
Emmaesty: Hellooooo..... |
Re: Treasury Bills In Nigeria by Grupo(m): 1:22pm On May 25, 2020 |
Emmaesty: Amen. Thanks. |
Re: Treasury Bills In Nigeria by GonFreecss1: 1:22pm On May 25, 2020 |
Theconglomerate: What do you mean by this sir? |
Re: Treasury Bills In Nigeria by GonFreecss1: 1:23pm On May 25, 2020 |
Theconglomerate: This is quite a wrong analogy sir. 5 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 1:25pm On May 25, 2020 |
GonFreecss1:Depreciation,expenses,force majeure,government bankruptcy can wipe out that funds na. Imagine 2mill growing to 5 mill after 10 years upon compounding Don't this clearly tell anyone that these instruments weren't made to favour newbies or people with ground nut capital? 6 Likes |
Re: Treasury Bills In Nigeria by Emmaesty(f): 1:25pm On May 25, 2020 |
GonFreecss1:Hi |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 1:26pm On May 25, 2020 |
GonFreecss1:ok oo. |
Re: Treasury Bills In Nigeria by GonFreecss1: 1:28pm On May 25, 2020 |
Emmaesty: Are you a rich woman? Your writing looks beautiful. |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 1:29pm On May 25, 2020 |
Emmaesty:Women won't ever wise up,this is a very old industry. So long as women still crave marriage and have that Cinderella wedding as part of their programming,boys will continue to swindle them especially as they grow older. The older the more vulnerable Older women pay scatter,they can pay fire If you see single woman that is comfortable in her late thirties or widow,omo you don jam cow weh carry milk for breast ooo 5 Likes 2 Shares |
Re: Treasury Bills In Nigeria by abraolas1: 1:31pm On May 25, 2020 |
Theconglomerate: and you will tell us that you are selling Tomatoes 1 Like |
Re: Treasury Bills In Nigeria by GonFreecss1: 1:35pm On May 25, 2020 |
Theconglomerate: Tell me this... Is Warren Buffet a Genius or someone who just consistently kept investing? They said he started investing at the age of 13, now he is 89. Hmmn... 76 years difference. If you compound 1 million naira at the rate of 10% per annum, in 76 years that money will be almost 1.4 billion naira. Take from that what you will. The idea that everyone should try to make money fast doing? Is I don’t know. All economies have a fixed amount of money. Meaning for you to make a lot of money some other people have to not make money like you do. Not everyone’s business will succeed because of that. We can’t make more than the economy has. There can’t be 100 Dangote’s at the same time, e no fit work! So let people invest in what they know and start from where they understand, with time they will grow! I can bet many here have jobs and are also investing in their Skills and careers! The 10K they invest monthly will be 100K monthly one day and then 1 million one day. Seems what Barrytone and the other guys keep explaining here is not getting through to people’s head. 21 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 1:35pm On May 25, 2020 |
abraolas1:tomatoes,salt,crayfish,pepper and recently added curry powder. The conglomerate is expanding with a capital base of almost 72,000 naira I'm a success 12 Likes |
Re: Treasury Bills In Nigeria by Nobody: 1:37pm On May 25, 2020 |
. 8 Likes 3 Shares |
Re: Treasury Bills In Nigeria by GonFreecss1: 1:37pm On May 25, 2020 |
Emmaesty: This is a faceless forum, but your name and the way you write looks beautiful. I don’t have a benz, but I have small assets sha. 1 Like |
Re: Treasury Bills In Nigeria by EkperemoEgbabi: 1:39pm On May 25, 2020 |
GonFreecss1: What ifs d person died before 76 years. Who go come collect d money? |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 1:39pm On May 25, 2020 |
GonFreecss1:Very true. But then I was just letting them know that their 2m investment in fixed income won't make them rich.. So far as they know this and they know what their return will be without being deluded with statements like their 1million naira will turn to 1.4B naira in 76years,then I've got no issues with it. After all,some people were created to lag behind which is why capitalism is the successful model it is today 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by GonFreecss1: 1:40pm On May 25, 2020 |
Sholapey: My madame I have always had aspirations to one day be in ireland. I hope we relate well, as time goes by. 2 Likes |
Re: Treasury Bills In Nigeria by Grupo(m): 1:41pm On May 25, 2020 |
GonFreecss1: Two of una don start, abi. I call on the mods to ban two of them, please. |
Re: Treasury Bills In Nigeria by drotba(m): 1:42pm On May 25, 2020 |
Grupo: We full ground chief 1 Like 1 Share |
Re: Treasury Bills In Nigeria by GonFreecss1: 1:42pm On May 25, 2020 |
EkperemoEgbabi: You are not getting me sir. 76 years was the Warren Buffet time difference. In your case 20 years with enough compounding from your salary and not just a single 1 million naira will make a difference. I didn’t say continuous adding of money o. I said 1 million compounded annually at 10% for 76 years. There is a lot to learn from that. Not death, lol! 2 Likes |
Re: Treasury Bills In Nigeria by Focusingmore: 1:44pm On May 25, 2020 |
Theconglomerate: You are absolutely right. Ireland will help him waste his life . Glad to see honest people talk . 2 Likes |
Re: Treasury Bills In Nigeria by GonFreecss1: 1:44pm On May 25, 2020 |
Theconglomerate: Everyone knows this. Some people are good at working and building their careers. One day they will get to a stage they can invest a million every month. Some people na business, they can keep reinvesting in their business. The lesson here is learning what works for you. Not what others say works for them. 5 Likes |
Re: Treasury Bills In Nigeria by GonFreecss1: 1:45pm On May 25, 2020 |
Grupo: Why you wan drop sand for my garri? I thought you were my guy. 1 Like |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 1:48pm On May 25, 2020 |
Sholapey:Where my legs have been and what my eyes have seen is better left imagined. People have success stories even from present day Syria. The big question is,will it be so for the majority? Even in Nigeria that you said denied you everything,people made it here. I just gave the guy guidelines according to his situation and I wont be bothered if he don't follow them. He can go and gamble with his trustfund 8 Likes 1 Share |
Re: Treasury Bills In Nigeria by Focusingmore: 1:49pm On May 25, 2020 |
Sholapey: Sister sholapey , I'm in Ireland, tell us more about how great it is. Eg where do you work? |
Re: Treasury Bills In Nigeria by Nobody: 1:51pm On May 25, 2020 |
GonFreecss1:Ireland is a home to all ethnic compared to Africa where their racism among themselves are from the pit of hell...once you're law abiding citizen you're good to go. I became an Irish citizen within 5years of my arrival. 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by olujaidi: 1:51pm On May 25, 2020 |
GonFreecss1: You're missing the point. I'm not sure how I underestimated compounding |
Re: Treasury Bills In Nigeria by olujaidi: 1:53pm On May 25, 2020 |
GonFreecss1: NL wedding loading Venue: Zoom 3 Likes |
Re: Treasury Bills In Nigeria by Nobody: 1:56pm On May 25, 2020 |
. 4 Likes |
Re: Treasury Bills In Nigeria by GonFreecss1: 1:59pm On May 25, 2020 |
Sholapey: Wow! That is cool. I agree. African prejudice against themselves is something else. Black man hating on black man. 1 Like |
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