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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4599062 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: 4:38pm On Dec 07, 2020 |
emmanuelewumi:Many travelled with their paper share certificates. And they must dematerialize their paper shares before they can start receiving their dividends online. I don’t think you can dematerialize your shares online. Have you ever tried to obtain a Letter of Administration? There is no way that can be done online sir. It is not an easy process especially if there are a lot of assets and family members involved. It’s not the kind of thing that is done online. Anyone that claims he’s an online probate services provider that processes Letters of Administration is most likely a yahoo boy waiting to defraud innocent people that have lost their loved ones. 2 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 4:39pm On Dec 07, 2020 |
drealj:Well, let's see what happens this month If they have no payouts this year Then the scheme don kpafuka ![]() But let's still see |
Re: Treasury Bills In Nigeria by DexterousOne(m): 4:42pm On Dec 07, 2020 |
Lazyyouth4u: So your argument is.... Because of the cumbersome nature of jumping through those hurdles to get the dividend mandate sorted out, many just abandon it and write it off...... well, that could be the case sha But between the money going back to the company /registrar or whoever collects the statute barred dividends And the government taking the money under whatever guise, or for whatever reason, I think option one is better Nobody should trust the Nigerian government The SEC is trying sha But the dividend claims process could be made even simpler 1 Like |
Re: Treasury Bills In Nigeria by ojesymsym: 4:46pm On Dec 07, 2020 |
I remember someone throwing a challenge at Ray to dare withdraw that his 1 million from his wallet to his bank account to prove that the money is concrete and not audio, I don't think Ray has given a feedback on that challenge except I missed it. The person staked 50k for that challenge. Withdrrawing to wallet is easy, withdrawing to your bank account na there the wahala de start. On a lighter note, it looks like all my friends have given up on me, no one even tried to introduce me to this scheme and I hear it has been running for about 2-3 years, una non go believe say na for this thread I even hear about am, say in the last 3 months. TransAtlanticEx: |
Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 4:51pm On Dec 07, 2020 |
ojesymsym:Seriously?I got to know of it really early as the lady I was dating then was trying to introduce it to me,but those kind of activities aren't my thing. They are paying people now in PH as I hear,but small small investors sha of 500k or less. We are waiting for the major catastrophe sha,thank your stars you didn't participate. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:10pm On Dec 07, 2020 |
Lazyyouth4u: You will get your letter of administration within 12 to 24 months. Always good to get professional advise who can help one with Wealth management, Estate Planning, Wills and Trust Services etc this will eliminate challenges people have with their assets and Investments when they die and will allow smooth transfer to their beneficiaries |
Re: Treasury Bills In Nigeria by RayRay06677(m): 5:17pm On Dec 07, 2020 |
ojesymsym: the migration requires I present a stamped bank statement which I can only do from the banking hall, I am not available and will only be back for Christmas, after the verification then I might get the money. my brother, people should cry their cry, don't cry for me, relax and monitor your own investment, stop monitoring my own. you don't have money in MBA and yet you are extremely bothered more than the investors, its my money, thanks for the concern. If MBA could boldly beg people to go take their money from 1st December till date, why are you doubting the payment, I understand that non of you know a single investor that is being owed yet you wish doom, ponzi or no ponzi, the alert is bae, bother less and face front. What is a ponzi to you might be a life saver to another, dey your dey. don't dissipate energy irresponsibly at others financial boom. 4 Likes |
Re: Treasury Bills In Nigeria by Nobody: 5:19pm On Dec 07, 2020 |
emmanuelewumi:Unfortunately, Africans do not believe in the idea of writing a will. It’s an uncomfortable thing to do for a young person as it may feel like one is predicting that he or she will die young. So we wait until we are retired to even write one. Many don’t make it to retirement age. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:21pm On Dec 07, 2020 |
TransAtlanticEx: Will struggle to survive till end of January. They need new investors in order to postpone the end |
Re: Treasury Bills In Nigeria by RayRay06677(m): 5:23pm On Dec 07, 2020 |
emmanuelewumi: what do you know about forex? can we share. everything you know. We also have equities that have never paid a dime, that have failed, can we call such stocks ponzi? 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:28pm On Dec 07, 2020 |
RayRay06677: I know nothing about it. But I know you can't make 10% per month on a consistent basis, you can make 40% in January, lose 50% in February, make another 20% in March, 10% in April, lose 15% in May and gain 8% in June. No equity fund manager will offer you a guaranteed return on investment 10 Likes 1 Share |
Re: Treasury Bills In Nigeria by DexterousOne(m): 5:36pm On Dec 07, 2020 |
RayRay06677:You see, that's the interesting thing...... Stocks could be quickly exited if you made a wrong pick Or things turn for the worse for the company If your investment objective is dividend receipts (like myself for example) ; you wont even go near a stock that does not pay a dime as dividends Unfortunately I dont much about forex But I know one thing It's a very volatile place It's like the wild west |
Re: Treasury Bills In Nigeria by RayRay06677(m): 5:47pm On Dec 07, 2020 |
emmanuelewumi: I know experts are employed to trade for the company, not one or two people, groups of people. ever wonder why they don't pay roi every day, its because some days are not profitable but in the average at month end, over 40% is made and u r given 10%, is that a big deal. take out time to understand before antagonizing. I am bothered that you castigate something you know nothing about. Take a challenge and learn about it, manuals are everywhere online. also read successful stories of people only live forex. Thanks 1 Like |
Re: Treasury Bills In Nigeria by RayRay06677(m): 5:49pm On Dec 07, 2020 |
DexterousOne: like when u buy 50kobo and the next day it becomes 2kobo, what are u withdrawing or who will buy from you? 1 Like |
Re: Treasury Bills In Nigeria by DexterousOne(m): 5:54pm On Dec 07, 2020 |
RayRay06677:You see That's another sweet thing about the Nigerian Stock exchange..... No single equity can lose more than 10% of its value in one day And you can always exit your position ASAP Especially when the stock is liquid Personally, I am in "one chance with UBN, and will exit that position when the price comes up just little bit, and then take a loss and go... Or I decide to hold the stock, and them recieve the dividend before mid year Then exit maybe in Q3. When it comes to forex, do you guys have the luxury of exiting bad positions taken? I'll really like to know |
Re: Treasury Bills In Nigeria by ojesymsym: 5:55pm On Dec 07, 2020 |
Good advise and taken. But there is something about this Ray that still doesn't sound like the old Barry, but then advise taken, I am facing front now RayRay06677: 5 Likes |
Re: Treasury Bills In Nigeria by RayRay06677(m): 5:58pm On Dec 07, 2020 |
ojesymsym: Not directed at you, referring to every one that misdirect their energy. Make una focus on the ball, 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:10pm On Dec 07, 2020 |
[quote author=RayRay06677 post=96829967] I know experts are employed to trade for the company, not one or two people, groups of people. ever wonder why they don't pay roi every day, its because some days are not profitable but in the average at month end, over 40% is made and u r given 10%, is that a big deal. take out time to understand before antagonizing. I am bothered that you castigate something you know nothing about. Take a challenge and learn about it, manuals are everywhere online. also read successful stories of people only live forex. Thanks[/quote All reputable fund managers set fact sheets to investors every quarter, it shows the size of the fund, assets, cash, Investments, profits and losses of the fund. Can you share the one sent to you for us to analyze 3 Likes |
Re: Treasury Bills In Nigeria by Nwokeomajayb: 6:14pm On Dec 07, 2020 |
Oh no!! Damn DexterousOne: 5 Likes
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Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:15pm On Dec 07, 2020 |
RayRay06677: All reputable fund managers send fact sheets to their investors every quarter.This shows the size of the fund, assets, Investments, liabilities, cash, profits and losses of the fund. Remuneration and incentives of the fund managers, qualifications of the fund managers and their verifiable track records Can you share the one the experts sent to you since you started Investing with them 8 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 6:19pm On Dec 07, 2020 |
Nwokeomajayb:Okay sir Thanks for the meme.... I'm definitely saving this one Lmao Bwahahahahaha ![]() ![]() |
Re: Treasury Bills In Nigeria by ositadiima1: 6:20pm On Dec 07, 2020 |
RayRay06677: Why are you so eager to defend MBA, enjoy your loot in peace nah. 40% return on forex trading is not attainable, at least not regularly. Chai, na only u dey the market. Mind you any expert that has such capability don't need your money, even with one million naira starting seed, giving enough years, that guy will be richer than Bill Gates and Elon combined. At 40% monthly return the risk will be catastrophic, the best in d game maintain between 5 to 10% monthly return with moderate risk. Don't even argue cos it is public knowledge, google returns from d best hedge funds. Even HFT, high frequency trading algorithms, run by PhDs and computer scientists don't make 40% monthly, talkless of some bunch of guys using TA and manually placing trades. Make I no hear that 40% again from ur mouth. 2 Likes |
Re: Treasury Bills In Nigeria by maishai: 6:20pm On Dec 07, 2020 |
DexterousOne:I know of a man that just kept buying up shares during the share craze....... He bought for all his children in different banks, He bought for his mother, He bought for his father and his siblings, He helped out some of his friends too to acquire shares in different banks, all to the tune of 25 to #30million.............................................................................. He started letting all this things out when things were not adding up, the few certificates that finally arrived by post some of this banks are now dead, I can imagine the stress he would have gone through in trying to recover dividend of his father and mother that has got some weird signatures........... The fact that we are here on this thread on Nairaland shows we are learned a bit, but the bulk of the wealth Nigeria holds is in the hands of many unlearned folks who have got bad or would i say selfish advisers surrounding them Paper work might be breeze for us but there are billions of millonaires out there that cringe at paper work 4 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 6:21pm On Dec 07, 2020 |
ositadiima1: Well, such high percentages definitely cannot be on a regular basis |
Re: Treasury Bills In Nigeria by DexterousOne(m): 6:24pm On Dec 07, 2020 |
maishai:You have raised a very valid point And I think some of these brokers know Thats why they make things a bit more cumbersome To discourage as many as possible from claiming the dividend |
Re: Treasury Bills In Nigeria by RayRay06677(m): 6:26pm On Dec 07, 2020 |
DexterousOne: why exit when rate is constant, I didn't invest to exit. even mutual funds, u cant exit immediately, even our tbills, u cant exit without penalties. lets different a failed biz from ponzi, I expect a Nigerian biz to failed, we are all risking everything in this country. the higher the risk, the higher the returns. I invested a fortune here, and its sweeting me for body. Greatest decision ever taken. 2020 is my best financial year despite I started forex in September and lowest tbills rate. Even did tbills at 3% because I had nowhere to go. make una leave me alone |
Re: Treasury Bills In Nigeria by Nwokeomajayb: 6:27pm On Dec 07, 2020 |
Jesus Christ dude no go jump bridge ooo. It’s what it’s and life goes on. At least you learn from this. No dey give yourself competition so you go enjoy this life. I don talk my own DexterousOne: 3 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 6:28pm On Dec 07, 2020 |
RayRay06677: You see thebolded I agree with that |
Re: Treasury Bills In Nigeria by RayRay06677(m): 6:31pm On Dec 07, 2020 |
ojesymsym: ONE AND SAME PERSON |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:32pm On Dec 07, 2020 |
DexterousOne: The higher risk includes losing everything, if there are no speculators or investors to sustain the ponzi |
Re: Treasury Bills In Nigeria by DexterousOne(m): 6:32pm On Dec 07, 2020 |
Nwokeomajayb:No sir... Jumping bridge is not gonna happen That said For the bolded The lesson learnt is to strongly resist the urge to shalaye Like very strongly It's a faceless forum No need to prove anything to anyone We learn everyday 2 Likes |
Re: Treasury Bills In Nigeria by RayRay06677(m): 6:34pm On Dec 07, 2020 |
ositadiima1: YES SIR, LIKE I KEEP SAYING, I KNOW LESS BOUT IT BUT THOSE SHOUTING PONZI EQUALLY KNOW NOTHING BOUT IT |
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