INVESTORS SPEAK: Do you know about Bonds?

By CHINEDU IBEABUCHI and JIMOH WILLIAM

Felix, security man: There is need for a lot of awareness on the part of the market regulators because many people would have loved to come into the market and invest in bonds. But they cannot because you don’t expect me to jump with my money into something I do not know much about. Like last year, I was having about N300,000 on me looking for what to invest on, but because I did not have somebody to enlighten me about it, I have to use the money for another thing.

Ekene Odoh, Graduate: Am aware of bonds. However, I can’t make an instant move to invest in it. Though the capital market rebound is a good one, but just like every other Nigerian, I will only invest if adequate security is guaranteed for investors. I am still watching.

Helen Ikang, Supervisor in a communication firm: I am quite aware that there has been some revival in the capital market, although slow. I am also knowledgeable about bonds but I think I would need to do a lot of research and ask expert opinion before I can invest in any capacity.

Olarewaju Lawal, school teacher: Though I am not aware of anything like bond. Notwithstanding, I don’t have interest in them because as an employee, I have so many responsibilities to cater for with which I cannot think of investing. If the economy recovers very well, then I may invest.

Ekene Edwin, public affairs analyst: The capital market is still a place to be for any investor that really wants to multiply his income. Remember, the market is not for panic buyers and sellers; rather, it is for those who have long term goals.

Why some persons are complaining during the crunch days was because they used their short term money to invest in a market meant for long and medium term investors. Secondly, the bond market is another instrument traded on the capital market. For me as an investor, the bond market is the safest place to invest because both the capital and the interest are guaranteed. Nigeria has not defaulted before. Since state governments are rushing to the market to raise capital, I see it as an avenue to put money work.