I have saved Kshs 2 million and would like to invest it in a lucrative business that will give me a good return on investment in the short-term (3 - 6 months) as I save up for long-term investments such as property. I need a business that requires little day-to-day attention or in which I can employ only one assistant to do the day-to-day stuff because I have a very busy job and won’t be able to run and manage every little thing in the business. Any ideas?

In stocks you definitely can't get far in 3-6 months. You may consider unit trusts and get about 8% p.a. less fees.

@ If "here in town" means Nairobi City the guy! could be in Kisumu City. I remember meeting someone who wondered how I could do stocks and I don't stay in NBI.

pple see stocks as tangible just like fish

@ azizakhadija . is a well know conman. i know you . and azizakhadija is a very suspicious name. Looks like a refugee from iraq.

PLEASE DONOT SEND YOUR EMAIL TO HIM.

let him prove himself publicly that he's real. DAMN THIS conmen are everywhere

Hii ni kali, on another note, 3_6 months is such a short time to invest unless you are speculating of which the risks are as high as the returns. I would advise you to buy a plot and then build later as i got you want to invest later in property. Finally my thoughts on mckinzey consultants; kplc needs them more than kcb as their salaries are astronomicaly high and they need to cut costs and increase efficiency of their workers.

Good idea.

Or you can put 1.5m in the parking - money market fund - read as many posts as you can in wazua [literature review we call it], then do research on the stocks you narrow down on and invest kidogo kidogo with the 500k. After the learning process you can get your 1.5m + interest and invest on a larger scale. But this will take longer than the 6 months you are looking at.

@ azizakhadija . i mean even after havin all the spotlight,for being a quack u still dnt quite. Where actually are your offices if you have any ??? @ Nairobi City Centre u say . whats that ??? u expect your clients to search the whole of Nairobi City Centre !!!! can u put a proper location.Not that i am interested in your services but just for the sake of the wannabes who might fall into your trap.

@ interested, funds range from Equity fund, Balanced fund and finally money market fund the are listed in order of risk and return.

Equity fund has the highest risk but also offers the highest return. The funds are invested in stocks. For you investment horizon, this won't work for you. In any case why not buy the stocks yourself?

Balanced fund offers medium returns but invests in a mix of stocks and other less riskier asset classes like bonds. For you case this may be appropriate.

Finally we have money market where the assets will consist of just risk free assets like treasury bills and bonds. You will also get the lowest returns. Altetnatively instead of going thro a fund mgr you can open a CDS account at the treasury and purchase the bonds directly.

Shop around for a good fund mgr if you are not sure of the processes.

But I am sure you will not send emails to anonymous characters who claim to be able to turn you fortune around.

@goodiecom, do you have a website, some pictures that you could post on Flickr, and a presentation of your refurbishment process from beginning to end that you can send to us? I'd like to see some pictures of your refurbishment team and their work area. The reason I ask is that if you indeed have the infrastructure in place to both get the phones, parts, tools, and packaging from the US and UK, and also a team and location to refurbish, test, and repackage the phones, I am interested in a lot more than just phones. I'm thinking about computers, computer parts, and also assembly of computer components.

Please respond with a link to such pictures and information. This is just a start.

Thanks,

Jason Hill