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christy
#1 Posted : Friday, January 21, 2011 3:55:16 PM
Rank: New-farer


Joined: 1/19/2011
Posts: 14
I have a significant amount (inherited) the only solid investment i know is flats. i need to make 1% on the investment every month to make ends meet. I need advice because i am not gainfully employed though I'm working on a site that seems capable of making good returns. i have no other income. Can someone please tell me how to invest so that i don't do myself in . thanks
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Surealligator
#2 Posted : Friday, January 21, 2011 3:58:47 PM
Rank: User


Joined: 6/27/2008
Posts: 709
Location: Velayat-e Faryab
christy wrote:
I have a significant amount (inherited) the only solid investment i know is flats. i need to make 1% on the investment every month to make ends meet. I need advice because i am not gainfully employed though I'm working on a site that seems capable of making good returns. i have no other income. Can someone please tell me how to invest so that i don't do myself in . thanks


@Christy

You are the other half that has been missing in my life. How do we meet?
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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christy
#3 Posted : Friday, January 21, 2011 4:39:51 PM
Rank: New-farer


Joined: 1/19/2011
Posts: 14
@surealligator . I'm dead serious
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mnjoro
#4 Posted : Friday, January 21, 2011 5:04:04 PM
Rank: Member


Joined: 2/21/2009
Posts: 573
@ Christy am better than the alligator
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Stealth
#5 Posted : Friday, January 21, 2011 5:29:30 PM
Rank: Member


Joined: 5/3/2010
Posts: 145
Location: East Africa
@ christy
its not as straight forward as that. Not all forms of investments are for everyone. Some can handle high risk some can't. Some investments take long to pay off some do so in a very short period. How much time are u willing to put into managing your investments?
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Vj
#6 Posted : Friday, January 21, 2011 5:50:12 PM
Rank: New-farer


Joined: 9/6/2010
Posts: 97
Location: nairobi, kenya
Buy income generating property, you will keep your investment and also earn from it. I would not advise you to go for liquid investments as you may end up spending the money over time.
Before you can be be old and wise, you must first be young and stupid.
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KenyanLyrics
#7 Posted : Friday, January 21, 2011 5:58:47 PM
Rank: Veteran


Joined: 4/16/2010
Posts: 906
Location: Nairobi
Kirima's daughter has joined Wazua! Laughing out loudly
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bird_man
#8 Posted : Friday, January 21, 2011 6:36:11 PM
Rank: Veteran


Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
KenyanLyrics wrote:
Kirima's daughter has joined Wazua! Laughing out loudly

Laughing out loudly If you were to earn 100,000sh per month (1%), it means the inheritance would be around 10M!Kweli you are lucky!Construct some flats somewhere and kula the rent.
Formally employed people often live their employers' dream & forget about their own.
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Elder
#9 Posted : Friday, January 21, 2011 6:39:13 PM
Rank: Elder


Joined: 9/7/2010
Posts: 2,148
Location: elderville
KenyanLyrics wrote:
Kirima's daughter has joined Wazua! Laughing out loudly
Laughing out loudly
He who can express in words the ardour of his love, has but little love to express. - Petrach, Son. (That men by various ways arrive at the same end. - Montaigne, The Essays of.)
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X13united
#10 Posted : Friday, January 21, 2011 7:21:29 PM
Rank: Member


Joined: 8/26/2010
Posts: 124
Elder wrote:
KenyanLyrics wrote:
Kirima's daughter has joined Wazua! Laughing out loudly
Laughing out loudly

i like that!
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petro08
#11 Posted : Friday, January 21, 2011 9:55:57 PM
Rank: New-farer


Joined: 9/20/2010
Posts: 90
Location: Nairobi
@christy,

If I get you right, you are saying you eat all the rent. No savings!!.

If this is correct, this may be due to two reasons.

1. Your expenses are too high and you need to cut down o expenditure.

2. The rent is not that much and this could be due to several reasons including the location of the properties, condition and design.

Post more details and you may be helped from there.
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christy
#12 Posted : Saturday, January 22, 2011 10:44:58 AM
Rank: New-farer


Joined: 1/19/2011
Posts: 14
@kenyanlyrics not that much. I wish...
@bird_man just about that
@petro08 very correct zero savings & yes very lousy money manager. (damn why didn't this come when i was young!)Ilive in rented premises, kid's school quite expensive, basically living from hand to mouth. Not employable - age - cannot make a mistake in investing - prefer very very low risk investment. don't aim to be super rich just get by. i expect to make some further little money through my website - unique concept for Kenya. help ! what more info do i need to give?
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Ms Mkenya
#13 Posted : Saturday, January 22, 2011 10:39:28 PM
Rank: Veteran


Joined: 5/13/2010
Posts: 869
Location: Nairobi
@ christy, work at reducing expenses. Maybe move into one of the flats and save on rent? Shop for a less expe but similar school for the children then also see what else u can cut out. Then look for employment. What u save can be then invested. The 'investor' section of Wazua can assist in that when u get there. All the best!
....above all, to stand.
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kadonye
#14 Posted : Monday, January 24, 2011 8:04:31 AM
Rank: Elder


Joined: 5/30/2009
Posts: 1,390
Surealligator wrote:
christy wrote:
I have a significant amount (inherited) the only solid investment i know is flats. i need to make 1% on the investment every month to make ends meet. I need advice because i am not gainfully employed though I'm working on a site that seems capable of making good returns. i have no other income. Can someone please tell me how to invest so that i don't do myself in . thanks


@Christy

You are the other half that has been missing in my life. How do we meet?

Laughing out loudly
What a wicked man I am!The things I want to do,I don't do.The things I don't want to do I find myself doing
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