Stats: 3,184,577 members, 7,923,950 topics. Date: Saturday, 17 August 2024 at 06:59 PM |
Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4597420 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)
(1) (2) (3) ... (1759) (1760) (1761) (1762) (1763) (1764) (1765) ... (2259) (Reply) (Go Down)
Re: Treasury Bills In Nigeria by QuinModah(f): 4:09pm On Feb 16, 2021 |
emmanuelewumi:This is absolutely not true 100% even the churches and organisation that invite people on Telegram have an agenda? |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:11pm On Feb 16, 2021 |
QuinModah: Next big thing money making opportunities. Kindly check the dictionary for the meaning of agenda. 11 Likes 1 Share |
Re: Treasury Bills In Nigeria by NL1960: 4:17pm On Feb 16, 2021 |
emmanuelewumi: What if he/she does not have family and friends?. ![]() 5 Likes |
Re: Treasury Bills In Nigeria by freeman67: 4:25pm On Feb 16, 2021 |
QuinModah: Nothing is 100%. Not absolutele but in general terms it very true. Even online business people that will not state their prices in the open but will want to draw you into their WhatsApp or Telegram page have an agenda; It is either they are not selling anything (but want to corner and dupe you) or they could sell the items at a lower price but want to corner you and sell it at an exhobitant price. 4 Likes |
Re: Treasury Bills In Nigeria by Nobody: 4:26pm On Feb 16, 2021 |
QuinModah: I don’t know about the organizations o but the churches and their pastors have a very big agenda for the money of those they invite ![]() ![]() 12 Likes |
Re: Treasury Bills In Nigeria by Grupo(m): 5:20pm On Feb 16, 2021 |
QuinModah: Yes. The church wants you to become their member and start contributing tithes and offerings to their pastor. Is that not an agenda? 12 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:59pm On Feb 16, 2021 |
Grupo: Don't mind that guy 5 Likes |
Re: Treasury Bills In Nigeria by QuinModah(f): 6:05pm On Feb 16, 2021 |
Grupo:No, iron sharpenety Iron. You grow spiritually. Do not forsake the gathering of the brethren. I am guessing you don't believe in God or attend church. 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 6:18pm On Feb 16, 2021 |
QuinModah: Do you think those greedy yahoo yahoo pastors believe in God? At the end of the day, all na money making matter. Fortunately for them, their own format na the easiest yahoo method as poor man need to be hopeful to God for a better tomorrow ![]() ![]() 16 Likes |
Re: Treasury Bills In Nigeria by QuinModah(f): 6:20pm On Feb 16, 2021 |
Lazyyouth4u:Do you go to church at all? |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:51pm On Feb 16, 2021 |
QuinModah: That is a fallacious statement. Fallacy of hasty conclusion 6 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:53pm On Feb 16, 2021 |
QuinModah: I will help you to rephrase the question, do you have a relationship with God? 19 Likes 2 Shares
|
Re: Treasury Bills In Nigeria by jedisco(m): 9:38pm On Feb 16, 2021 |
I have refrained from discussing crypt0 here as it has a different thread. I chipped in my thoughts here after the CBN circular. But then, there are some erroneous perceptions that have to be put right. I find it interesting that folks here who have not put a kobo in bitc0in or understand how it works would comfortably sit in their bubble and say that almost all Nigerians with money there are either yahoo boys or speculators. One even mockingly asked me how people make money in crypt0. I am sure such a person has not seen the price index of any traded asset before. For the Yahoo part, is there any evidence for this or is? Or is it thesame basic reasoning SARS officials use and arrest any young person with an iPhone as a fraudster? Yahoo guys have held sway in Nigeria long before the first bitc0in was mined. There are almost daily attests. How many have said they do their trade via crypt0? If you know anything about bitc0in, you'd know that it does not suit their means of swindling folks.. people just regurgitate what they've been told. The second part on being speculators is even more interesting.... That you don't comprehend something does not mean that everyone is same. The post I quoted was one among many others I made in December here. Read through it then go back and read my posts I made then and see if I was making random guesses. The crypt0 market has one of the more predictable, cyclical and organic markets I've seen. One firmly based on demand and supply. The knowledge I expoused there came from experience of studying and trading past market cycles. Soon after that post, I deployed alot of fiat I had in the bank into sensible coyns. As of today, I've x2-3 my portfolio, taken good profits and I'm looking at a repeat of that again in February IF certain market conditions are met. Calling that speculation belittles the effort people put into studying markets. A few weeks back, I said that here that the last January push on the NSE had bearish tendencies. Though I dont trade there, it was deducible from basic technicals. I wasn't making random guesses. Right now we see that playing out. I've said it several times here that I and lots of others planned for this run for over 3 years.. Even before Elon Musk touched his first bitc0in. His coming in was rather a news event. What would have happened would have still happened eitherway perhaps just a bit slower. There was no luck involved! Some folks here swear by markets I consider a waste of space as currently structured, I wouldn't come here and call them fraudsters or speculators. I invest in bitc0in simply because I believe that overtime, it's value will increase. So far that has remained true since it's inception. People should please stick to what they understand and avoid calling others names. 8 Likes |
Re: Treasury Bills In Nigeria by jedisco(m): 9:39pm On Feb 16, 2021 |
jedisco: The post I spoke about 1 Like |
Re: Treasury Bills In Nigeria by jedisco(m): 9:44pm On Feb 16, 2021 |
Secondly, I also find it annoying that some crypt0 traders/investors come here sounding like they're trying to convince people to put their money in crypt0. I doubt such people have been in crypt0 long enough. YOUR FOCUS NOW SHOULD BE ON MAKING AND TAKING PROFITS. This run was cooked in 3 years of a brutal bear market and wouldn't last forever. Salty folks will come around when they would. We were all there once. Knowledge on this market doesn't come cheap. When CBN released their circular I said it here that folks shouldn't allow that distract them from benefiting from a bullrun that we had planned for since 2018. Newbies rushed to withdraw their funds.. soon after that, bitc0in blasted thru 40k like CBN did not exist leaving same folks asking for ways to come back in. I say this cos unnecessary arguments I made then on nairaland easily set me back good money as I got distracted and couldn't take trades I had planned for weeks on that move. From the classification I made before here on people's view on the space, we should appreciate that everyone is different and people are entitled to their views. It's the salty ones that get on my nerves. It's obvious who has done good reading on crypt0 but think the market is overextended and hoping for a crash to say I 'told you so'. I have told those ones to sit wait for 30k and grab it when it comes. Sensible traders know multiple pullbacks and a bear market will come were equally ready for that. Some will lose money not because the market is defective but because they didn't follow basic investment principles. 3 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:47am On Feb 17, 2021 |
Food for thoughts 5 Likes 2 Shares
|
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:51am On Feb 17, 2021 |
I will rather go with the first option
|
Re: Treasury Bills In Nigeria by RayRay06677(m): 4:00am On Feb 17, 2021 |
QuinModah: Don't go there, I don't go to church, started attending for the sake of my kids moral. Only positive in today's church is only to mould the growing child. 98% are fraud based. Religion is still the cause of our general problem especially in Nigeria. As per agenda, it is what it is, crowd funding 17 Likes |
Re: Treasury Bills In Nigeria by ositadima1(m): 4:33am On Feb 17, 2021 |
![]() |
Re: Treasury Bills In Nigeria by SteveOfu: 6:18am On Feb 17, 2021 |
RayRay06677:This is Extremely false. 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 6:45am On Feb 17, 2021 |
emmanuelewumi: If option 2 is adjusted monthly to account for the changes in inflation and devaluation effects, I will go with that option ![]() It’s like being asked to choose between taking a lump sum or taking a pension for life at retirement. Good pensions are adjusted every year to account for inflation. That is a better option for someone wey no like stress and want to live long to enjoy him retirement. If I take lump sum, I will spend my retirement years stressing about how to invest it and not lose the money. I buy house, I go dey stress about tenant palava, I buy shares, I go dey stress about NSE palava, I buy bonds or do fixed deposit, I go dey stress about inflation and interest rates, I buy bitc0ins, i fit die of high blood pressure ![]() But sure inflation adjusted pension coming every month, na just planning how to spend it well. Even if I lose some, sure money will come next month. No stress for old retiree ![]() 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:55am On Feb 17, 2021 |
Lazyyouth4u: This information didn't give you the option of adjusting monthly payout for inflation oo. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:56am On Feb 17, 2021 |
emmanuelewumi: If you are not a good money manager, go for the second option. The second option is the best option for 90% to 95% of people. 4 Likes |
Re: Treasury Bills In Nigeria by Nobody: 7:07am On Feb 17, 2021 |
emmanuelewumi: Haha. Okay I will say it depends on my age. As a younger person that can better handle investment stress or can afford to start afresh if I lose the money, I go with option A. If I’m an older person in or approaching retirement, I go with option B. I don’t need investment stress at that age ![]() |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:07am On Feb 17, 2021 |
PENCOM allows workers to be paid between 25% to 50% of the funds in their Retirement Savings Account as a lump sum. The remaining 50% to 75% will either be used to buy annuities that will pay the workers for about 20 years or above or they can opt for a programmed withdrawal of their funds over a period of 20 years and above depending on the workers choice. Unfortunately most of the workers want to be paid 100% of the funds in their Retirement Savings Account when they are retired 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:14am On Feb 17, 2021 |
Lazyyouth4u: Buy an Investment property and allow your Estate Managers to manage for you. Relying on rental income can be frustrating if you handle it yourself. Did you read the case of the landlord who was arrested for shooting his tenant in Lagos. The tenant owed him for over 2 years, the tenant is the chairman of Okada riders association at Sango Otta. Definitely the tenant must come home with a minimum of 50k everyday, but he chose not to pay his rent for over 2 years. Out of frustration, the landlord a US returnee brought out his gun threatened to kill the teanant by firing in the air. The tenant ran for his life, picked one of the bullet pellets and made a complaint at the nearest police station 1 Like |
Re: Treasury Bills In Nigeria by skydiver01: 7:24am On Feb 17, 2021 |
I am approaching retirement and I still prefer the first option. ![]() Lazyyouth4u: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:32am On Feb 17, 2021 |
A worker who retired after working for 30 years with N50 million in his Retirement Savings Account, and opted for 25% of the fund to pay to him as a lump sum, when used the remaining 75% of the fund to buy a 20 years annuity at 10%. The lump sum at retirement will be N12.5 million. The Remaining N37.5 Million will be used to buy an annuity. Using an annuity calculator, the retiree will earn 359k for 20 years. Which is not bad. He can reinvest 10% of the monthly payment to cushion the effects of inflation But workers want to be paid the full N50 million at retirement, it can't work 3 Likes |
Re: Treasury Bills In Nigeria by Nobody: 7:32am On Feb 17, 2021 |
Re: Treasury Bills In Nigeria by Nobody: 7:37am On Feb 17, 2021 |
emmanuelewumi: Is the 359k monthly or annually? If annually, that’s less than 8m total. That one pass cheating na ![]() |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:40am On Feb 17, 2021 |
Lazyyouth4u: Per month. |
Re: Treasury Bills In Nigeria by Nobody: 7:41am On Feb 17, 2021 |
emmanuelewumi: If you consider the fees and other charges of the estate managers (plus some wey go gba you of some money and even your properties), you may just be better off keeping that money in Tbills ![]() 2 Likes |
(1) (2) (3) ... (1759) (1760) (1761) (1762) (1763) (1764) (1765) ... (2259) (Reply)
Nigerian Stock Exchange Market Pick Alerts
Viewing this topic: 3 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 53 |