Interesting video as always. The main disadvantage of FGN Bond is obvious. They are paying me around 12 - 13% but inflation in Nigeria is around 31% ! This translates to poor investment, unless of course I am motivated to support the mother land and invest based on sentiment. Comparing it to western government bonds is not comparing "apples for apples". Their inflation rate spiked recently, but it is gradually getting back to their historical mean. What the Nigerian government can do, is create an FGN Bond with a coupon rate tied to the inflation rate ( floating rate bond). ... We can dream I suppose. Ha.
You're right but their are other investments options in Nigeria aswell which can surpass inflation but instead of not investing at all due to inflation is the worst, will rather put my cash on FGN Bond to earn that 16% to 18% or Tbills at 21% than leave it in bank while inflation spend it for me. I personally, bought some stocks this year which I have made profits on . First, I made profit by sending my cash at a higher rate before the dollar crashed against the naira . Secondly, I did not just keep those cash in the bank but bought some Nigerian stocks with them on a monthly basis I. e cost averaging and I can tell you categorically that I am currently making profit because I buy high atimes and likewise low instead of timing the Market. One just need to understand the Nigerian Market and the specific investment you want to hold. Beleive me or not, Nigeria is still one of the best countries one can make much money on investment but one need to consider the risk factor aswell. Like I stated earlier, not investing at all due to flimsy excuses of inflation or recession is the worst because for someone like me, I see all these factors as an opportunity to make more money when you position yourself well.
Look at you teasing us. We die here fa! 😂😂😂 Mutual Bonds has me for now due to the ease of adding money to the fund. Small change enter my hand and boom I deposit am into mutual funds and walk away. Wish FGN Bonds was that easy
Too apt and concise😁
Can't wait for the disadvantages 🤭
Interesting video as always. The main disadvantage of FGN Bond is obvious. They are paying me around 12 - 13% but inflation in Nigeria is around 31% !
This translates to poor investment, unless of course I am motivated to support the mother land and invest based on sentiment.
Comparing it to western government bonds is not comparing "apples for apples". Their inflation rate spiked recently, but it is gradually getting back to their historical mean.
What the Nigerian government can do, is create an FGN Bond with a coupon rate tied to the inflation rate ( floating rate bond). ... We can dream I suppose. Ha.
You're right but their are other investments options in Nigeria aswell which can surpass inflation but instead of not investing at all due to inflation is the worst, will rather put my cash on FGN Bond to earn that 16% to 18% or Tbills at 21% than leave it in bank while inflation spend it for me.
I personally, bought some stocks this year which I have made profits on . First, I made profit by sending my cash at a higher rate before the dollar crashed against the naira . Secondly, I did not just keep those cash in the bank but bought some Nigerian stocks with them on a monthly basis I. e cost averaging and I can tell you categorically that I am currently making profit because I buy high atimes and likewise low instead of timing the Market.
One just need to understand the Nigerian Market and the specific investment you want to hold. Beleive me or not, Nigeria is still one of the best countries one can make much money on investment but one need to consider the risk factor aswell.
Like I stated earlier, not investing at all due to flimsy excuses of inflation or recession is the worst because for someone like me, I see all these factors as an opportunity to make more money when you position yourself well.
Kudos
@@shollz465well said
You are so on point, Thanks.
I'm sold! I just need a trustworthy stockbroker.
This is quite interesting and educative ❤❤kudos
informative as always, thank you Ma❤
Thank you for informing us,waiting to hear the disadvantages
Look at you teasing us. We die here fa! 😂😂😂 Mutual Bonds has me for now due to the ease of adding money to the fund. Small change enter my hand and boom I deposit am into mutual funds and walk away. Wish FGN Bonds was that easy
You are also on point.
Update on the disadvantages please
Can I invest directly or must I go through an agent for FGN Bonds?
This is beautiful. Pls how do we know companies that pay dividends within Nigeria and where can we access their stocks?
Ask Google. But all most all the companies in Nigeria paid dividend
First person here
Thank you so much
Another good insight 👏 👍.
Madam Flow! Is FG Bond same as Tresury Bill, is there any difference pls.
No, bonds are offer monthly and coupon are paid quarterly, while the treasury bill is not
I’m sure there are penalties, albeit an early exit fee
Madam Flo why u dey keep us in suspense nah? 😂 I hear NSE has suspended operations until your next video...LOL🤪 Very informative as usual.
😁😁😁 She is Legend!😂
Can I get the spreadsheet copy please?
You are now talking about what you know about😂😂😂😂
@DrCharlesApoki