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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4596714 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 emmanuelewumi(m): 10:59am On Feb 26, 2021 |
Lazyyouth4u: Investment is a game of probability and calculated risk. That is just my own risk management strategy If I have a portfolio of N10 million, I won't leverage more than N2 million eventhough the lender allows me to draw up to N10 million. In case of any mistake in my forecast and calculation, I can always come out fine without losing my shirts and swimming naked. 12 Likes 2 Shares |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:02am On Feb 26, 2021 |
While thinking of the upside, it is prudent to also consider the downside 8 Likes 1 Share |
Re: Treasury Bills In Nigeria by Hamachi(f): 11:15am On Feb 26, 2021 |
Interest rate 15.95% Olorun oooooooooooooooooooooo emmanuelewumi: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:41am On Feb 26, 2021 |
Hamachi: Try microfinance banks at 3.5% per month, that is 42% per annum 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by Nobody: 11:49am On Feb 26, 2021 |
emmanuelewumi: Great strategy! Thanks for sharing. 1 Like |
Re: Treasury Bills In Nigeria by Hamachi(f): 11:52am On Feb 26, 2021 |
Re: Treasury Bills In Nigeria by Hamachi(f): 11:53am On Feb 26, 2021 |
emmanuelewumi:Are you saying you will not borrow more than 20%? |
Re: Treasury Bills In Nigeria by NL1960: 11:54am On Feb 26, 2021 |
emmanuelewumi: Microfinance bank loans are not for playing in the stock market. They are mainly for those doing buying and selling in the informal sector. 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:10pm On Feb 26, 2021 |
Hamachi: Exactly. It is a speculative position, which I take once in a while It is a 180 day loan, with opportunity for a rollover. If it is a term loan needed for the expansion of my business, I can borrow 100% 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:17pm On Feb 26, 2021 |
NL1960: The higher the risk the higher the interest rate, buying and selling in the informal sector has a lower risk. The interest ought to be lower 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 12:25pm On Feb 26, 2021 |
emmanuelewumi: The high interest rate is the lack of collateral. Which collateral you wan collect from okrika seller who buys a bale to sell?. 2 Likes |
Re: Treasury Bills In Nigeria by Hamachi(f): 12:30pm On Feb 26, 2021 |
emmanuelewumi:hmmmmmmmmmm |
Re: Treasury Bills In Nigeria by Nobody: 12:31pm On Feb 26, 2021 |
NL1960: ![]() |
Re: Treasury Bills In Nigeria by Nobody: 12:39pm On Feb 26, 2021 |
emmanuelewumi: So for slow people like me, is this how it works for someone with 5m that takes a loan of 5m? I put my 5m contribution and take a 5m loan from them to buy 10m worth of shares which are kept in their custody. After 6 months, I either (a)pay them their interest and the 5m and take all my shares purchased, or (b)I rollover for another 6 months after paying their interest or (c)I ask them to sell some or all of the shares to repay the loan and interest and give me the balance of cash and/or shares. Is this correct? Am I missing anything? |
Re: Treasury Bills In Nigeria by Nobody: 12:54pm On Feb 26, 2021 |
emmanuelewumi: No o. Buying and selling in informal sector is more risky o. That’s why micro finance banks never last. Most of their loans are unsecured and go bad. So they try to compensate with the high interest rates. |
Re: Treasury Bills In Nigeria by Hamachi(f): 1:09pm On Feb 26, 2021 |
ojesymsym:OPERATING PROFIT MARGIN (OPM) |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:09pm On Feb 26, 2021 |
Lazyyouth4u: It is a facility for traders and speculators. Assuming you have a N5 million portfolio, you can get a trading facility of N5 million at 16%. If you bought Zenith Bank shares at N11 with the facility in April 2020 during the lockdown and decided to sell in October at N20. Your N5 million shares will be sold at about N8.8 million after making room for commission. Your loan plus interest will be worth N5.4 million in 6 months. Subtract it from N8.8 million, you have a profit of N3.4 million. But again instead of an upside, you might have a downside. Reason why this is not for everyone, except you have some level of knowledge, information and experience 4 Likes 2 Shares |
Re: Treasury Bills In Nigeria by Hamachi(f): 1:15pm On Feb 26, 2021 |
emmanuelewumi:is it not suppose to be N20-N11=N9*5 millions shares? |
Re: Treasury Bills In Nigeria by Nobody: 1:17pm On Feb 26, 2021 |
emmanuelewumi: For traders and speculators? Ah ok. I see ![]() ![]() But thanks for the explanation though ![]() |
Re: Treasury Bills In Nigeria by Nobody: 1:23pm On Feb 26, 2021 |
Hamachi: I think he meant to say N10m shares (the loan and the contribution). 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:35pm On Feb 26, 2021 |
Hamachi: Commissions on buying and selling, taxes to FG, dues to CSCS, NSE and SEC 1 Like |
Re: Treasury Bills In Nigeria by Hamachi(f): 1:38pm On Feb 26, 2021 |
I just wanted to get the calculation right emmanuelewumi: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:40pm On Feb 26, 2021 |
Lazyyouth4u: I assumed his portfolio was his Contributions. Contributions can be shares or cash. |
Re: Treasury Bills In Nigeria by igbizen(m): 3:09pm On Feb 26, 2021 |
emmanuelewumi:So they paid 9.89% tax? |
Re: Treasury Bills In Nigeria by igbizen(m): 3:34pm On Feb 26, 2021 |
Lazyyouth4u:Forgive the guy |
Re: Treasury Bills In Nigeria by igbizen(m): 3:46pm On Feb 26, 2021 |
Lazyyouth4u:So the project is used as collateral right? |
Re: Treasury Bills In Nigeria by igbizen(m): 4:08pm On Feb 26, 2021 |
Lazyyouth4u:Wicked lazyyouth ![]() ![]() ![]() |
Re: Treasury Bills In Nigeria by Nobody: 4:09pm On Feb 26, 2021 |
Re: Treasury Bills In Nigeria by Nobody: 4:09pm On Feb 26, 2021 |
igbizen: Exactly. |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 5:39pm On Feb 26, 2021 |
emmanuelewumi: Lol. Fintechs charge about 5% per month.. |
Re: Treasury Bills In Nigeria by chigo4u: 6:00pm On Feb 26, 2021 |
Is there any bank in Nigeria that pays interest on dorm accounts? |
Re: Treasury Bills In Nigeria by Godbpraised: 6:20pm On Feb 26, 2021 |
Foreign banks do not pay interest on deposit, na Nigerian wan come pay ? chigo4u: |
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