| chibuikejohn: 1:52pm On May 23 |
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In everything you do, you have to define your purpose for doing it.
TB is not a business but a form of saving money for future investments instead of allowing the money in the bank to accumulate bank charges.
A lot of people speak about real investment but forgot you need a reasonable amount of you must make profit.
I bought a land for 3.5m in 2013 and I can hardly see an offer of 5m in 2025.
Like I said, Real estate is good and TB is also good depending on your intended purpose.
Do you know how many people TB is paying their bills today?
Put that same amount on land and you may likely get your interest when you sell it. Unfortunately bills don't wait for your land to appreciate
quote author=Educationalserv post=135459080]I regret investing in naira Treasury bill for last 10 years . inflation and devaluation has made it a stupid investment.
Our parents where not wrong .
Land /real estate Remain the ive way to riches
Am a Victim learn from me
My business partner that bought 3 plots in a Govt Layouts 5m 12years ago built duplexs
on it has Sold them for 450m naira in 2025
Properties have reprice and added devaluation and inflation and profit.
Another Land bought for 800k in 2006
Built a bungalow for 3m
Sold to 80m .
Outside the rent that he has received
[/quote]
3 Likes 1 Share |
| Educationalserv: 2:55pm On May 23 |
chibuikejohn:
In everything you do, you have to define your purpose for doing it.
TB is not a business but a form of saving money for future investments instead of allowing the money in the bank to accumulate bank charges.
A lot of people speak about real investment but forgot you need a reasonable amount of you must make profit.
I bought a land for 3.5m in 2013 and I can hardly see an offer of 5m in 2025.
Like I said, Real estate is good and TB is also good depending on your intended purpose.
Do you know how many people TB is paying their bills today?
Put that same amount on land and you may likely get your interest when you sell it. Unfortunately bills don't wait for your land to appreciate
quote author=Educationalserv post=135459080]I regret investing in naira Treasury bill for last 10 years . inflation and devaluation has made it a stupid investment.
Our parents where not wrong .
Land /real estate Remain the ive way to riches
Am a Victim learn from me
My business partner that bought 3 plots in a Govt Layouts 5m 12years ago built duplexs
on it has Sold them for 450m naira in 2025
Properties have reprice and added devaluation and inflation and profit.
Another Land bought for 800k in 2006
Built a bungalow for 3m
Sold to 80m .
Outside the rent that he has received
there is LAND and land
A Govt approved Layout and any other land .
I challenge you to name the the Govt approved Layout you bought in 2013 that now 5m .Even Maiduguri with war will not deliver such returns
2 Likes |
| enque(f): 7:57pm On May 23 |
19.5%
You can participate in primary auction theough your bank
KingCassy:
I’m a bit confused…. What’s the yield? 19.5 or 24%.
Also how can one buy this primary auction
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| OCTAVO: 8:15pm On May 23 |
chibuikejohn:
In everything you do, you have to define your purpose for doing it.
TB is not a business but a form of saving money for future investments instead of allowing the money in the bank to accumulate bank charges.
A lot of people speak about real investment but forgot you need a reasonable amount of you must make profit.
I bought a land for 3.5m in 2013 and I can hardly see an offer of 5m in 2025.
Like I said, Real estate is good and TB is also good depending on your intended purpose.
Do you know how many people TB is paying their bills today?
Put that same amount on land and you may likely get your interest when you sell it. Unfortunately bills don't wait for your land to appreciate.
Don't just buy land anyhow. Is your land facing main road?? I mean a tarred road.
Someone I know bought land for 23m just this last December 2024. They are offering him 30m for same land now about 6 months later. Can TB give you that?
LAND land bro. Land banking is cool. You have to be strategic!
1 Like |
| Batman2412(m): 12:52am On May 24 |
Calm down. Guys that bought land facing main road are fighting state government in court. State government sequestered their land. I bought mine inside cos I don't have strength for state government wahalla. I was heavily into straight tbills but now do tbills, , fd via mmf. No regrets. Everything is moving fine. Just let people do whatever they like.
OCTAVO:
Don't just buy land anyhow. Is your land facing main road?? I mean a tarred road.
Someone I know bought land for 23m just this last December 2024. They are offering him 30m for same land now about 6 months later. Can TB give you that?
LAND land bro. Land banking is cool. You have to be strategic!
7 Likes |
| nicestlady: 6:10am On May 24 |
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Please who knows anything about kongapay? How safe is it?
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| KingCassy(m): 6:33pm On May 24 |
enque:
19.5%
You can participate in primary auction theough your bank
Someone told me the primary auction rate is 24% while you’re saying 19.5.. now I’m more confused.
Omo my banks don’t want to give me much information. They’re insisting I go for secondary. Is there any bank or investment institution that can help with the primary auctioning when next it’s to happen
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| vanvickie(m): 6:53pm On May 24 |
KingCassy:
Someone told me the primary auction rate is 24% while you’re saying 19.5.. now I’m more confused.
Omo my banks don’t want to give me much information. They’re insisting I go for secondary. Is there any bank or investment institution that can help with the primary auctioning when next it’s to happen
If you an open an with stanbic IBTC... It'll be good. They have the best rates for both primary and secondary market (as much as I can tell) and the best thing about stanbic is they have a link u can use to access tbills auction (both primary and secondary market) from the comfort of ur home, also... U can do primary market tbills for less than 50m as against some banks that insist on 50m threshold for primary market.
And yes, I've done all these with them, so it's not hearsay.
PS: I don't work with stanbic nor am I d to them. I'm just a satisfied customer.
1 Like |
| OCTAVO: 9:52pm On May 24 |
vanvickie:
If you an open an with stanbic IBTC... It'll be good. They have the best rates for both primary and secondary market (as much as I can tell) and the best thing about stanbic is they have a link u can use to access tbills auction (both primary and secondary market) from the comfort of ur home, also... U can do primary market tbills for less than 50m as against some banks that insist on 50m threshold for primary market.
And yes, I've done all these with them, so it's not hearsay.
PS: I don't work with stanbic nor am I d to them. I'm just a satisfied customer.
Please kindly post the link.
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| mjblinks(f): 11:59pm On May 24 |
OCTAVO:
Don't just buy land anyhow. Is your land facing main road?? I mean a tarred road.
Someone I know bought land for 23m just this last December 2024. They are offering him 30m for same land now about 6 months later. Can TB give you that?
LAND land bro. Land banking is cool. You have to be strategic
True.
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| emmaodet: 12:43am |
presiade:
Compare the risk-free and peace-of-mind nature of treasury bills with “Omo onile” trouble in places like Lagos, tenants not paying rents in time, maintenance of the building, etc., you’d see why it’s better for some people to invest their money in instruments like TBills.
I want to believe some guys are land agents here trying to discourage people from investing in money market.
If you don't like the money market, then go and invest in the land you so wish instead of constantly coming here to lament
2 Likes 1 Share |
| emmaodet: 12:56am |
chibuikejohn:
In everything you do, you have to define your purpose for doing it.
TB is not a business but a form of saving money for future investments instead of allowing the money in the bank to accumulate bank charges.
A lot of people speak about real investment but forgot you need a reasonable amount of you must make profit.
I bought a land for 3.5m in 2013 and I can hardly see an offer of 5m in 2025.
Like I said, Real estate is good and TB is also good depending on your intended purpose.
Do you know how many people TB is paying their bills today?
Put that same amount on land and you may likely get your interest when you sell it. Unfortunately bills don't wait for your land to appreciate
quote author=Educationalserv post=135459080]I regret investing in naira Treasury bill for last 10 years . inflation and devaluation has made it a stupid investment.
Our parents where not wrong .
Land /real estate Remain the ive way to riches
Am a Victim learn from me
My business partner that bought 3 plots in a Govt Layouts 5m 12years ago built duplexs
on it has Sold them for 450m naira in 2025
Properties have reprice and added devaluation and inflation and profit.
Another Land bought for 800k in 2006
Built a bungalow for 3m
Sold to 80m .
Outside the rent that he has received
Exactly bro.
Exactly.
Bills won't wait for your land to appreciate to sell it.
Moreover, who says you can't do the 2?
I don't even know the guy's motive in the group.
He comes here every 2/3 months screaming don't do TB, it is rubbish, invest in land.
If he is a land agents trying to market his properties, let him come out clean rather than all these legbe legbe format
2 Likes |
| fash78(m): 4:13am |
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Good day folks..please I am looking for the following with any of the major banks:
- A USD investment with at least 10% interest, capital guaranteed and both capital and interest can be taken out in USD and NOT Naira.
The investment potfolio should be with a major bank ered with CBN e.g IBTC.
Please let me know if there are options out there.
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| ibechris(m): 12:57pm |
chibuikejohn:
In everything you do, you have to define your purpose for doing it.
TB is not a business but a form of saving money for future investments instead of allowing the money in the bank to accumulate bank charges.
A lot of people speak about real investment but forgot you need a reasonable amount of you must make profit.
I bought a land for 3.5m in 2013 and I can hardly see an offer of 5m in 2025.
Like I said, Real estate is good and TB is also good depending on your intended purpose.
Do you know how many people TB is paying their bills today?
Put that same amount on land and you may likely get your interest when you sell it. Unfortunately bills don't wait for your land to appreciate
quote author=Educationalserv post=135459080]I regret investing in naira Treasury bill for last 10 years . inflation and devaluation has made it a stupid investment.
Our parents where not wrong .
Land /real estate Remain the ive way to riches
Am a Victim learn from me
My business partner that bought 3 plots in a Govt Layouts 5m 12years ago built duplexs
on it has Sold them for 450m naira in 2025
Properties have reprice and added devaluation and inflation and profit.
Another Land bought for 800k in 2006
Built a bungalow for 3m
Sold to 80m .
Outside the rent that he has received
Leave that guy...he has been shun severally in the past,now he has surfaced again with his iberiibetisms.
As far as there are classes of investments,people will opt out for what suits them. Many here are into real estate but must we announce it?
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| Grupo(m): 1:04pm |
vanvickie:
If you an open an with stanbic IBTC... It'll be good. They have the best rates for both primary and secondary market (as much as I can tell) and the best thing about stanbic is they have a link u can use to access tbills auction (both primary and secondary market) from the comfort of ur home, also... U can do primary market tbills for less than 50m as against some banks that insist on 50m threshold for primary market.
And yes, I've done all these with them, so it's not hearsay.
PS: I don't work with stanbic nor am I d to them. I'm just a satisfied customer.
Please can I have the link?
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