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ADVICE ON BEST INVESTMENT REQUIRED
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QD
#11 Posted : Monday, January 17, 2011 10:58:38 AM
Rank: Member

Joined: 8/5/2009
Posts: 597
He could liquidate part of the money and put in afixed deposit account i.e 2M renewable every month something like 4%-6%. will be assured of every month kidogo income and principle preservation. if the issue of rent is taken care of.
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
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2012
#12 Posted : Monday, January 17, 2011 12:20:12 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
QD wrote:
He could liquidate part of the money and put in afixed deposit account i.e 2M renewable every month something like 4%-6%.


4-6% per month? With which bank/institution?

BBI will solve it :)
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My 2 cents
#13 Posted : Monday, January 17, 2011 12:29:59 PM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,091
Tell your friend to "Kaa Ngumu" and aggresively look for another job. Selling those shares SHOULD BE THE LAST RESORT!!!!!!!!!!!!!!!!!!!!!!!!!!!! Only after he has been out of a job for several several months. Right now he needs to concentrate on cutting his expenses to bare bones as he looks for another job.
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QD
#14 Posted : Tuesday, January 18, 2011 1:25:08 PM
Rank: Member

Joined: 8/5/2009
Posts: 597
2012 wrote:
QD wrote:
He could liquidate part of the money and put in afixed deposit account i.e 2M renewable every month something like 4%-6%.


4-6% per month? With which bank/institution?

Contact me to invest your funds en yes its a bank en remember terms en conditions apply.
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
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githundi
#15 Posted : Tuesday, January 18, 2011 2:37:23 PM
Rank: Veteran

Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
QD wrote:
2012 wrote:
QD wrote:
He could liquidate part of the money and put in afixed deposit account i.e 2M renewable every month something like 4%-6%.


4-6% per month? With which bank/institution?

Contact me to invest your funds en yes its a bank en remember terms en conditions apply.

p.a paid monthly or rate per month equiv to 48 to 72 %?
Democracy does not belong to the dead
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Stealth
#16 Posted : Tuesday, January 18, 2011 2:49:54 PM
Rank: Member

Joined: 5/3/2010
Posts: 145
Location: East Africa
@ QD
Tell us clearly is it 4 - 6% p.a and renewed monthly or its 4 - 6% monthly thus 48 - 72% p.a?
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Stealth
#17 Posted : Tuesday, January 18, 2011 2:57:20 PM
Rank: Member

Joined: 5/3/2010
Posts: 145
Location: East Africa
4 - 6% per month from a bank? Uwesmek. Kwani they are giving out free money?
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bwenyenye
#18 Posted : Tuesday, January 18, 2011 2:59:49 PM
Rank: Elder

Joined: 5/24/2007
Posts: 1,805
Guys just check out today's Business Daily. The banks are sitting on too much deposits. The average deposit rate is about 3.42% and those with big money ( Fund Managers, Insurance cos, EABL, HNWI) are gettign a maximum of about 6%. There is no banker in his good mind who can give you 72% p.a.. Hakunaa.

I think QD is 4-6% P.A renewing every month.
I Think Therefore I Am
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Mainat
#19 Posted : Tuesday, January 18, 2011 4:26:28 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
3-4% would mean the bank was losing money. Unlikely.
Either buy a plot or put it in Equity.
Sehemu ndio nyumba
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QD
#20 Posted : Wednesday, January 19, 2011 1:05:00 PM
Rank: Member

Joined: 8/5/2009
Posts: 597
Sorry guys the rate is P.A renewed monthly. anyone still interested???.
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
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