unite4real:
Does anyone remember the coupon rate for the just concluded United capital series 1 N10 Billion Bond.

emmanuelewumi:



Did you get that return in one year?

If yes why didn't you continue?

Enyinne:
I was ploughing more money into it to get it right but i had to stop as i can see that from all indication , it wont pay me on the long run. My mistake was starting out with the Nigerian used vehicle and buying tokunbo from usa is not coming cheap either as i bought some by myself .i felt the uber is not suitable and not meeting my expectations hence the need to recoup my investment

ukay2:


Send mail to Stanbic ibtc pension customer care and you will be directed

Godbpraised:
Bro, i get one T-bills wey dey expire for October, i fit liquidate , werin be the disadvantage if i liquidate now ?

emmanuelewumi:



70% returns in one year is not bad if you ask me

Enyinne:
I was ploughing more money into it to get it right but i had to stop as i can see that from all indication , it wont pay me on the long run. My mistake was starting out with the Nigerian used vehicle and buying tokunbo from usa is not coming cheap either as i bought some by myself .i felt the uber is not suitable and not meeting my expectations hence the need to recoup my investment

ukay2:


Mmmmmm

Quite good ......

Godbpraised:
Bro, i get one T-bills wey dey expire for October, i fit liquidate , werin be the disadvantage if i liquidate now ?

emmanuelewumi:



Was it is bond or Commercial papers.

It was around 7%

unite4real:


That's it below but the rate wasn't stated

emmanuelewumi:


It was between 7% and 8%,

damilola1978:


Liquidating means that the upfront interest is recalculated upto the day you decided to liquidate and the excess upfront interest(already paid to you) is deducted from your principal...meaning you would not get your full initial capital back.

damilola1978:
For United capital

GonFreecss1:


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.

Theconglomerate:
I wonder how you were able to deduce that I don't know what I was talking about?
Care to share?
He never asked for my opinion about Ireland?
Are you being serious?
When someone comes and ask for advise in an open space,isn't everyone meant to chip in their opinions and experiences?
Ikjosh04,mind clearing this out for me?Maybe you excluded me and I didn't notice.

emmanuelewumi:



70% returns in one year is not bad if you ask me

ukay2:


Mmmmmm

Madam you don try not be small thing


Well done


God will continue to help our side hussles

Enyinne:
It was a sweet and bitter experience, even though i was able to breakeven after selling off all my cars and recoup my invested money ,its a terrian made for men as u will need to battle some drivers that are unwilling to pay up as at when due as most hv already sworn to tell stories immediately they take custody of the car.The cost of repairs and loss to accident is high which made the business quite risky . I managed the business for 1year. The grass is never greener on the other side Thats my lesson

Sholapey:
The process will make your capital idle in your account by the time they finish with paper work, sukuk bonds must have been closed. Closing date is June 2nd. You may check with your account manager to see if you can meet up with the date before you liquidate your ntb.

Phyde:

I have been trying to redeem part of my MMF with stanbic since May 25, balance still the same and got a message of daily limit exceeded by 1m when I tried again today. I want to believe it's because the muslim holiday. I hope there won't be traffic when banks resume on Wednesday.

emmaodet:


Nigeria started using naira in 1973 and #2 = 1 pounds then.
As at 1944, 76 years ago, $1 = 0.25 pounds
76 years ago you compared Warren Buffet investing #1m equivalent to make #1.4B by 2020 will make him a stupid investor if he does because atleast, #1m in 1944 is not less than 400m in 2020 equivalent and after 73 years of investing and one can only come out to show #1b profit to me is ridiculous for that amount of money.
If given 400m now, an average nigerian should be able to turn the money into noting less than #2B in 10 years not to talk of 73 years under normal condition.
As at 1944, the richest nigerians were millionaires and brand new mercedes was around #300 then. A man with #1m then will be in the class of adenugas and co now bro.
cc
theconglomerate

Sholapey:
The process will make your capital idle in your account by the time they finish with paper work, sukuk bonds must have been closed. Closing date is June 2nd. You may check with your account manager to see if you can meet up with the date before you liquidate your ntb.

emmanuelewumi:



Build wealth slowly and steadily with your capital and speculate with your dividends or returns from your investment

Phyde:

I have been trying to redeem part of my MMF with stanbic since May 25, balance still the same and got a message of daily limit exceeded by 1m when I tried again today. I want to believe it's because the muslim holiday. I hope there won't be traffic when banks resume on Wednesday.

emmanuelewumi:




If given N400 million today the average Nigerian will turn it to N2 billion in 10 years, that is a fallacious statement. It is not possible. Nigerians who can do that are less than 2% of the population

85% will turn the money to less than N100 million or go broke in 10 years, 10% will turn the money to N200 million, 3% are just there they are so conservative and turn the money to just N500 million , 2% of the people will turn the money to N1 billion and above.

unite4real:

Did u get an SMS from mutualfund that your redemption request is being processed when u did the first one? And how much did u redeem first and attempt to redeem later
I know that their daily online redemption limit is N2.5 Million. Once u exceed that, u can't go any further

Phyde:

My first attempt was 2m on June 24 which didn't go through until I reduced the amount to 1m before it went but didn't get processing SMS, only OTP code. I tried again on June 25 and I kept getting daily limit exceeded by 1m.