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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4615632 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 Nobody: 11:35am On Sep 12, 2020 |
I will have a hard time convincing you? Who do you think you are? ![]() ![]() ojesymsym: 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:42am On Sep 12, 2020 |
Lazyyouth4u: No money market fund or fixed income fund will have that. The only fund where you can lose part of your fund is equity fund, you can make 80% you can also lose 90%, but on the long run you will be okay.. Equity funds also have recommended or approved stocks in which the fund managers can invest. 4 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:44am On Sep 12, 2020 |
ojesymsym: Monitor the financial reports of the banks in which you have substantial deposits or you have shares in. 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:48am On Sep 12, 2020 |
The firm marketing 10% to 15% monthly returns never told the speculators that they could lose 100% of their funds. Any fund where Investors could lose 100% of their funds, no matter how speculative won't be approved by SEC. Such Investments are not for the public, but for selected few called accredited Investors and amount invested will be negligible to the Networth of such Investors 5 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:57am On Sep 12, 2020 |
ojesymsym: Instead of customers losing their deposits, it is shareholders that will lose their Investments 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 12:00pm On Sep 12, 2020 |
Sir, in reality, no investment in any fund is ever guaranteed. No matter what. Only the NDIC insured funds in Money deposit banks (maximum of 500k per deposit) and micro finance banks (200k per deposit) are guaranteed. Investors have to understand that they can lose all their money in any investment fund if things go wrong and get zero from the fund manager and trustees. emmanuelewumi: |
Re: Treasury Bills In Nigeria by emmasoft(m): 12:12pm On Sep 12, 2020 |
Lazyyouth4u: That is not true Sir. It's what you are thinking not what is the reality. All funds have risk in relation to their underlying assets. If you say investors will lose their fund in mmf for instance you could have well say investors will lose their funds in TBills. As pa Emma said outside equity funds or balance funds investors have their capital guaranteed by law. It's not on paper it's reality. Of recent we had the union trustees mixed fund which is now capital express balance fund. There was some issues with the fund managers or so. As we speak another fund managers has taken it up to manager after regulator's (SEC) approval. They even paid divided of recent which covers the period the fund managers had issues as the new fund managers came in; this is made possible because while there was problem with fund managers, if the fund was already invested in say FGN Bonds the investment is still going on and dividend is paid to the account that is oversees by the trustees. Hence mutual funds especially the mmf and fixed income categories are always recommended for risk averse investors 7 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:15pm On Sep 12, 2020 |
Lazyyouth4u: You cannot lose all your money in a SEC regulated fund, you can tell me of any you know in Nigeria I have given you the types of funds Money market fund Fixed income fund Eurobond fund Equity funds Balanced funds Real Estate Investment Trust funds. The various funds have their features. The funds have fund managers, Trustees, Registrars and the overall regulator SEC. The fund manager manages the fund and invests in the recommended Investments for the fund, finances of the fund are with the Trustees. The trustees ensures that the fund and fund manager operates within the regulated investments, ensure compliance, corporate governance, fairness and ethics. The trustees also send monthly and quarterly reports to the regulator, that is SEC. The Registrars keep records of the Investors of the fund. The riskiest is equity fund, but also gives the highest returns. But it is not possible for investors to lose all their funds. If you know any SEC regulated Investment, where Investors lost all their funds you can share the name of such funds 13 Likes 1 Share |
Re: Treasury Bills In Nigeria by Nobody: 12:25pm On Sep 12, 2020 |
Sir, all you are saying is very correct at the moment but any investor should know that money in any fund is not guaranteed. That is my point. Only God knows tomorrow. You ask me to tell you an SEC regulated investment fund that has lost money in the past? Boss, any good investor should know that past performance is in no way related to future performance. I repeat, there are good investment funds around but anything goes wrong tomorrow, an investor can lose everything. No guarantees at all. emmanuelewumi: 1 Like |
Re: Treasury Bills In Nigeria by Enyinne(f): 12:26pm On Sep 12, 2020 |
Not same moniker ositadima1: |
Re: Treasury Bills In Nigeria by ojesymsym: 1:01pm On Sep 12, 2020 |
I agree. I wonder which is more pain, shareholder or depositor. But for shareholders, don't they move them to the new investor? emmanuelewumi: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:05pm On Sep 12, 2020 |
ojesymsym: Better to protect depositors. Investors should do their due diligence before investing |
Re: Treasury Bills In Nigeria by emmasoft(m): 1:09pm On Sep 12, 2020 |
ojesymsym: That is one of the risks of the holders of ordinary shares of quoted companies you lose if the company goes under. 1 Like |
Re: Treasury Bills In Nigeria by Akin3891: 1:09pm On Sep 12, 2020 |
Lazyyouth4u: You are not making any sense, if you know any that has gone under,name them, if you don't know, stop making assertions. Educate people based on what you've learned extracting from your past experiences not what you think of futures base on your emotional state. 16 Likes |
Re: Treasury Bills In Nigeria by XiaoLi: 1:35pm On Sep 12, 2020 |
This is almost impossible for someone controlling huge amount of cash. ojesymsym: |
Re: Treasury Bills In Nigeria by Nobody: 1:38pm On Sep 12, 2020 |
Sir, I’m not here to make sense to any one o. I’m just a lazy youth trying to point out simple investment wisdom to those that think their money (and promised returns) in investment funds is guaranteed. Past performance is no guarantee of future results ooo. Your money (and promised returns) in any fund is not guaranteed. Historical returns have nada to do with future results. You want guarantee that your money will never disappear, spread 500k around all the banks and then hope for the best for the rest ![]() ![]() Akin3891: |
Re: Treasury Bills In Nigeria by ojesymsym: 1:38pm On Sep 12, 2020 |
Why do you say so, I can argue that it is actually more impossible for someone controlling very little cash as it becomes impractical to have them spread across many accounts. XiaoLi: |
Re: Treasury Bills In Nigeria by XiaoLi: 1:53pm On Sep 12, 2020 |
Tell me how you will spread for an example 1B in Nigerian banks to reduce the risk. ojesymsym: 2 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 1:54pm On Sep 12, 2020 |
200M x 3, 100M x 4. or 200M in USD, 200M x 2, 100M x 4. XiaoLi: 1 Like |
Re: Treasury Bills In Nigeria by Phraences: 1:59pm On Sep 12, 2020 |
Lazyyouth4u: I think you are looking at it from the aspect of "invest what you can afford to lose", " nothing is certain in life but death and taxes" "no one knows tomorrow" etcetera. And that's true. But there are low risk and high risk sec regulated investment so it depends on the type of investment you are talking about. I know some people who lost 50% of their capital in equity funds. That's a high risk sec regulated investment. For investment like treasury bill or mmf it is only If all of Nigeria disintegrates due to war or nuclear bomb or something. But that is the worstest of the worst case scenario. Generally, SEC regulated funds are secure because the fund managers, trustees, registrars etc. cannot just up and disappear. There are layers and layers of oversight involved. 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 2:00pm On Sep 12, 2020 |
XiaoLi:Impossible sir. With 22 banks in Naija, only 11 million is guaranteed to be paid from NDIC insurance if something terrible happens and crashes the Nigerian banking system. This is highly unlikely though but something to be aware of. Even international bank depositors in the safest countries are always told to have this at the back of their minds. Jay jay Okocha learnt this the hard way ![]() Modified: the collapse of the entire Nigerian banking system is highly unlikely. The amount insured by NDIC is just something to be aware of. |
Re: Treasury Bills In Nigeria by Phraences: 2:05pm On Sep 12, 2020 |
Lazyyouth4u: You can keep that N500K in only bank in Nigeria and nothing will happen to it. If you want to be really safe, you can choose one out of the top 5 banks in Nigeria. Though there's also nothing wrong if you want to spread it. It is rare for a bank to collapse now with all the regulations and oversight that have been put in place by CBN. See how Diamond was bought by Access and Skye was transformed to Polaris. |
Re: Treasury Bills In Nigeria by Nobody: 2:27pm On Sep 12, 2020 |
Sir, my emphasis has been on the key word ‘guarantee’ of investments but your points are spot on. Phraences: |
Re: Treasury Bills In Nigeria by XiaoLi: 2:31pm On Sep 12, 2020 |
At the bolded, this amounts to keeping the funds in 7 banks, assuming the 7 banks close you will get 3.5M from SEC, It doesn't worth the stress and i don't count it as reducing the risk for someone getting 3.5M from 1B. ojesymsym: 2 Likes |
Re: Treasury Bills In Nigeria by SamReinvented: 2:32pm On Sep 12, 2020 |
emmanuelewumi: There are certain people we shouldn’t waste valuable typing time on. Forget that guy. He/she was the same one I was telling about the basics of currency trading/investment, and was telling me if I was God who knows when a currency has peaked or is low enough. I knew from that point that he/she is probably one of those who invest based on Inshallah or Jesus is Lord. No logic whatsoever. Now, he/she is making another case for “no one knows tomorrow” BS for SEC regulated investments. I’m not surprised. 16 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 2:37pm On Sep 12, 2020 |
Not exactly so sir. It will take the worse of events for all 7 banks (in this case) to go down at the same time. The reason I suggested this is to reduce exposure, not to eliminate it. Apart from banks going under, these days when you have hackers looking for accounts, you still have to reduce your exposure so that they dont wipe you out if you have just one account. If the bank that has your 200M goes under, you may still have your 800M across other banks, Anyway, I am only speculating. As oga Ema has suggested, follow the news of your bank to know their state at each time to avoid stories that touch. But I imagine a bank going through tough times will find it very hard to release your 1B to you, even the 200M go hard them sef. XiaoLi: 1 Like |
Re: Treasury Bills In Nigeria by XiaoLi: 2:41pm On Sep 12, 2020 |
I didn't look at it this way. ojesymsym: 1 Like |
Re: Treasury Bills In Nigeria by RayRay06677(m): 2:51pm On Sep 12, 2020 |
Being learning a lot here, I personally decides to risk 5m last week on the ponzi. 2m for 50% quarterly, 2m for 15% monthly and 1m for 20%. 3 different forex trading firms in Uyo. I advise against it but I needed to take a risk, have been extra careful in my investment years and I think giving out that chunk is cool. Was even thinking of taking it to 30m but I will wait and see how my 5m crashes. (all 3 firms at once). |
Re: Treasury Bills In Nigeria by Grupo(m): 3:31pm On Sep 12, 2020 |
RayRay06677: Lol. How many times are you going to tell us this? At this point, I think this is your strategy to get naive people to ask you about the ponzi so you can proceed to introduce them to a fraudulent scheme you are part of. 29 Likes |
Re: Treasury Bills In Nigeria by bjtinz: 3:37pm On Sep 12, 2020 |
Lazyyouth4u post=93844272[s: You're making too much noise 9 Likes |
Re: Treasury Bills In Nigeria by eddie7: 3:50pm On Sep 12, 2020 |
Hello, please I need good info on CROWD 1. Real or Scam? |
Re: Treasury Bills In Nigeria by XiaoLi: 3:53pm On Sep 12, 2020 |
I will rather use that money for charity instead of ponzi. RayRay06677: 1 Like |
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