ukay2:


And those 16.5% were being sold at 18-19% discount rates, making gains of millions of naira already the day you bought it...

Now FGN Bonds market is bullish to old investors......but guys are still not selling due to the ridiculous prices smart guys bought them may not come easily again, so na to de chop 6 montuly coupons till 2037, 2049 and 2050

Between 2015 and 2018, I concentrated on fgn bonds between 16.5 and 15.54%. throwing the coupons into TB until the crash of TB, until the last 11.2% sukuk.

The fact is I still feel bad because even when coupons are paid today, it's either I keep them in mutual funds waiting for a kill that is not easily come by or I invest in the stocks market. Stock market has started the roller coaster that I dread alot. Best time this year to have invested in stocks was in March/April. Men don cash out and boys just dey enter.

I know it's all a passing phase. Rates will find their way northwards again. When? Hard to tell because Nigeria economy indices does not follow standard pattern. Look at inflation rate. Look at MPC rate. Then look at interest rate. I can't understand. It's more like kalo kalo.

hebuli:


Bought for $666,666 in 2015 at 180Naira to a dollar.

Sold for $659,090 in 2020 at 440Naira to a dollar.

Profit in Naira. Slight loss in Dollar.

dollar is not our currency for exchange of service ..americans dont use naira either......

ahiboilandgas:
missed oppurnty
...am now very diversifed..

More opportunities will still come....

We just need to be prepared always.

Equity market in nse is good currently for dividend investors

ahiboilandgas:
dollar is not our currency for exchange of service ..americans dont use naira either......

Loooooool

hebuli:


Bought for $666,666 in 2015 at 180Naira to a dollar.

Sold for $659,090 in 2020 at 440Naira to a dollar.

Profit in Naira. Slight loss in Dollar.

can u suggests any invesment in Nigeria that could safely return 120m to 280m net after 5 years with headaches,high bp etc ....the buying in 2015 took less than 2 day while selling took 9 months to get a buyer

ukay2:



Loooooool

we should worry more about cost of items locally ...

emmanuelewumi:
N10 million at an annual growth rate of 10% will grow to N26 million in 10 years due to compound interest.
Compound interest in the 8th wonder of the world.

Due to this lockdown and closure of schools, my kids schools started doing online schooling. The lesson notes are uploaded into the school portal which is accessible to both students and parents. I was always downloading them and going through. On a particular week lesson notes, i opened the Mathematics notes and saw the topic 'Mathematics of Finance'. Going through it, i saw compound interest as the topic to be taught. On getting home, i asked my son if he understood the topic and he said yes. I told him that he should ensure that he masters that topic very well as that topic is one of the secrets of becoming a millionaire or billionaire when he starts working. I also told him to go to google, search for the formula and put in some figures like 20k monthly at 5% for 20 years. He came back shocked at the amount.

ahiboilandgas:
dollars was 180 in 2015 abi 220

Officially was 199

Black market towards the end of year was I think 220/240

ukay2:


More opportunities will still come....

We just need to be prepared always.

Equity market in nse is good currently for dividend investors

really with this mmm cbn

unite4real:

Between 2015 and 2018, I concentrated on fgn bonds between 16.5 and 15.54%. throwing the coupons into TB until the crash of TB, until the last 11.2% sukuk.

The fact is I still feel bad because even when coupons are paid today, it's either I keep them in mutual funds waiting for a kill that is not easily come by or I invest in the stocks market. Stock market has started the roller coaster that I dread alot. Best time this year to have invested in stocks was in March/April. Men don cash out and boys just dey enter.

I know it's all a passing phase. Rates will find their way northwards again. When? Hard to tell because Nigeria economy indices does not follow standard pattern. Look at inflation rate. Look at MPC rate. Then look at interest rate. I can't understand. It's more like kalo kalo.

Your doing well Sir.

I used my coupons in April to buy Zenith and UBA at N11 & N4.4...look at the dividend yields

Am still buying both equities currently as prices are still good for me as dividend investor.

When NTB and bonds rates become good again, we move in again.


We just need to be flexible all times

rmx:


Officially was 199

Black market towards the end of year was I think 220/240

hence as investors we use 199 and 380 (2020)

emmanuelewumi:



Same here, TB gave a better return never thought of buying 20 years bond at 16% and diversify the returns.

Well, to be fair, long term investments can be a bit uncertain particularly because of the forex issues we have from time to time. Maybe that's the reason some folks held back. The first Sukuk was issued in 2017 at around 17% in the same year that the exchange rate hit 520. It was too close for investors to have forgotten so quickly

yemibayo:
He doubles as the CEO. The man is brilliant

Just retired as the chairman of Lafarge cement

hebuli:


Bought for $666,666 in 2015 at 180Naira to a dollar.

Sold for $659,090 in 2020 at 440Naira to a dollar.

Profit in Naira. Slight loss in Dollar.

Still not bad

But if he could get some income stream from the property / land thru rents , while the value Keeps appreciating , that will make it fantastic

Yes

emmanuelewumi:


Just retired as the chairman of Lafarge cement

NL1960:


Due to this lockdown and closure of schools, my kids schools started doing online schooling. The lesson notes are uploaded into the school portal which is accessible to both students and parents. I was always downloading them and going through. On a particular week lesson notes, i opened the Mathematics notes and saw the topic 'Mathematics of Finance'. Going through it, i saw compound interest as the topic to be taught. On getting home, i asked my son if he understood the topic and he said yes. I told him that he should ensure that he masters that topic very well as that topic is one of the secrets of becoming a millionaire or billionaire when he starts working. I also told him to go to google, search for the formula and put in some figures like 20k monthly at 5% for 20 years. He came back shocked at the amount.

Very interesting

ahiboilandgas:
Chapel Hill Denham

Ok bro. I will get in touch with them.

olujaidi:


Well, to be fair, long term investments can be a bit uncertain particularly because of the forex issues we have from time to time. Maybe that's the reason some folks held back. The first Sukuk was issued in 2017 at around 17% in the same year that the exchange rate hit 520. It was too close for investors to have forgotten so quickly

You will reinvest your coupon into other asset classes which will give better cash flow yield and stability.

Wow

I've really learnt a lot here

Still learning though

Ahbioilandgas I'm still a student but I intend going into practical Agriculture once I'm done schooling

Apart from Agric... Which other investment do you think I should lay my hand on

emmanuelewumi:
N10 million at an annual growth rate of 10% will grow to N26 million in 10 years due to compound interest.

Compound interest in the 8th wonder of the world.

I laugh at the people who laugh at fixed income or equity investment.

ukay2:


Sir, read Who Moved my Cheese.....

While the NTB euphoria was on....smart guys were buying long-term FGN Bonds at ridiculous discount prices.....

Now they are sleeping and getting their coupons and reinvesting them in good dividend paying equities.

This! Oga Unite4real is among those peeps. - smart men dem.

GonFreecss1:


I laugh at the people who laugh at fixed income or equity investment.

They can't understand.

NL1960:


Due to this lockdown and closure of schools, my kids schools started doing online schooling. The lesson notes are uploaded into the school portal which is accessible to both students and parents. I was always downloading them and going through. On a particular week lesson notes, i opened the Mathematics notes and saw the topic 'Mathematics of Finance'. Going through it, i saw compound interest as the topic to be taught. On getting home, i asked my son if he understood the topic and he said yes. I told him that he should ensure that he masters that topic very well as that topic is one of the secrets of becoming a millionaire or billionaire when he starts working. I also told him to go to google, search for the formula and put in some figures like 20k monthly at 5% for 20 years. He came back shocked at the amount.

Lol. It was simply called simple/compound interest in primary and secondary school. Maybe they should change the name to mathematics of making money to get people interested.

pluto09:



Most of those digital agriculture are ponzi scheme in disguise.
Anyone who has been into practical agriculture in Nigeria will know tha the returns they are promising are not realistic and not sustainable.

As for forex, if he can trade himself, good but if it is about giving money to some group of people claiming to be experts in forex trading, I will say no.

Well summarised, couldn’t have said it better myself.

They are currently working from home so you will not meet them in the office. I can give you some numbers and email addresses to speak to

talk2tonie:


Ok bro. I will get in touch with them.

ahiboilandgas:
we should worry more about cost of items locally ...

I agree with this totally.

I pointed that out cos I noticed some are want to dollarised their investments in Nigeria.

yemibayo:
They are currently working from home so you will not meet them in the office. I can give you some numbers and email addresses to speak to

Thanks for reaching out. Kindly drop the numbers and email.

[

talk2tonie:


Thanks for reaching out. Kindly drop the numbers and email.

yemibayo:
They are currently working from home so you will not meet them in the office. I can give you some numbers and email addresses to speak to

Seen. You may edit now.

After following this thread for a while and seeing inputs from senior men, i have eventually opened and deposited something in rise vest eurobond and real estate, i hope i have not made a mistake sha
I salute every contributors to this wonderful thread
Best thread on nairaland

Thanks

talk2tonie:


Seen. You may edit now.

The name digital agriculture alone look like scam to me very unreal .....if we want to dp agric let cultivate 1 hectar of rice for x amounts,harvest x amounts of rice , mill and purity and make sale ....remove cost of production of the rice from sale to get profit ....if its 30 percents r.o.i then a firm can issue profits of 12 percenct to investors .....but any thing can happen ...flood ,pest , drop in price ,earthquacks etc ....so return is not guaranteed unless insured ....