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Cash to Invest
Lech
#1 Posted : Thursday, October 29, 2009 8:12:00 PM
Rank: Member


Joined: 4/17/2008
Posts: 3
For a young graduate who has just landed some free 100k,what would you advice me to invest it in to obtain maximum returns in shortest period? Details please...
Njunge
#2 Posted : Friday, October 30, 2009 8:46:00 AM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
multiply by two.

Old man about town....
Nothing great was ever achieved without enthusiasm.
mlefu
#3 Posted : Friday, October 30, 2009 8:58:00 AM
Rank: Elder


Joined: 2/11/2007
Posts: 1,680
Location: nairobi
most graduates are not young..unless you bought the certificate and saved the 100k from fees...anyway..the old man about town has said it all...metwagwo mathafu mahuthu!!!!!

i love your smile
cnn
#4 Posted : Friday, October 30, 2009 9:49:00 AM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
maximum returns in shortest time...what is wrong with Kenyans,from politicians to young graduates,greedy lot.
@lech,did you have a premonition about your death? or why the hurry?you came too late,we had pyramid schemes tailored for your ilk.

see it through my lens?
Tycoon!
#5 Posted : Friday, October 30, 2009 11:35:00 AM
Rank: Member


Joined: 9/11/2007
Posts: 62
Location: Nairobi
wow @Lech...
I am happy to inform u that i have the perfect investment vehicle for u.
With the low prices in the stock echange we have decided started an investment mutual fund.
Nimimi Investment Fund is geared at giving to our clients a GAURANTEED return of no less than30% per month for six months. We invest in the low priced stocks and hence the gaurantee. We are a team of exprts who have invested successfully for the las couple of years. If u are interested put ur email address and i will send u a ccopany profil.

IF YOU EVER LOSE,MAKE SURE YOU NEVER LOSE THE LESSON!!
Ali Baba
#6 Posted : Saturday, October 31, 2009 8:01:00 AM
Rank: Member


Joined: 8/29/2008
Posts: 571
LECH

CAVEAT EMPTOR.....before you buy into any investment,mutual fund,etc...pls know that the world is full of con artists.....practice some caution.....



Ali Baba
Kamaa
#7 Posted : Saturday, October 31, 2009 9:42:00 AM
Rank: Veteran


Joined: 10/6/2007
Posts: 1,177
Location: Nairobi - Kenya
@ tycoon

you GAURANTEED...????

When you run so fast to get somewhere,you miss the fun of getting there... Life is not a race,so take it slowly....
When you hear what I say, you will not understand. When you see what I do, you will not comprehend
faa
#8 Posted : Saturday, October 31, 2009 10:14:00 AM
Rank: Member


Joined: 5/8/2007
Posts: 709
100k is not money to invest. Buy yourself several beers,take a lady out and get yourself a better phone. thats all it can achieve

yayo
jerry
#9 Posted : Sunday, November 01, 2009 5:40:00 AM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
You r learning ur practicals early. It has taken me longer,infact much longer. Unlike in school where life is so easy,yes exams r easy since it's theory,and friends r many out here u r just alone and even ur wife/husband if u've 1 may not like ur ideas. You just said u landed on manna as told in books? Put it in a risk free investment vehicle for ur kid's education or RTS! It wasn't meant 4u. When u make ur money u can afford to invest it in risky investments whereby in case u lose u'll feel the pain and learn some lessons.

Crocodile tears: If you can't assist me when I'm alive en you attend my funeral.
The opposite of courage is not cowardice, it's conformity.
Net Worth
#10 Posted : Sunday, November 01, 2009 8:44:00 AM
Rank: Member


Joined: 11/2/2006
Posts: 4
Watch out for con men! If you decide to get into shares in my opinion youll need to invest long term. Get advice from cfc stanbic or some other broker,various forums on shares in here and invest in a long term stock that will give some safer investment. Dont expect to make any major returns in few years.

You could also consider studying the money market. Study trading for at least 6 months before investing any real money.
Tycoon!
#11 Posted : Sunday, November 01, 2009 9:07:00 AM
Rank: Member


Joined: 9/11/2007
Posts: 62
Location: Nairobi
@ Kamaa no such thing as GAURANTEED as u noticed i ws being alittle sarcastic and frustrated by such impatience on the part of Lech....
as faa says 100k cn do little for serious returns other than have beers and chicks.
However @Lech forget quick returns n focus on building it ur wealth slowly. I cn hypothesize that CMC,Safaricom are good shares bt it is just a hunch from a small analysis i have done and it will take maybe another year before u realize any meaningful return like 30% bt it is a good start.

IF YOU EVER LOSE,MAKE SURE YOU NEVER LOSE THE LESSON!!
drake
#12 Posted : Sunday, November 01, 2009 11:58:00 AM
Rank: Member


Joined: 8/8/2009
Posts: 170
Lech,I notice this is your first ever contribution and I apologise for the 'baptism of fire' at the hands of my 'esteemed' colleagues.

You're looking for maximum returns. The Risk-Return relationship is such that taking higher risk is rewarded with higher returns. An example is buying a charity sweepstake ticket. If you're the only winner then your returns are quite high as compared to your initial 'investment'. If you don't win (and you likely won't),you lose the entire amount. Few people knowingly beat the odds...will you?

A few months ago this year,JMworia CEO of Centum (NSE:ICDC) was speaking to us at Mind Speak and someone asked a similar question - on investing vis-à-vis capital constraint. He responded by saying that when you have little money to invest,the greatest investment you can make (that will give you relatively higher and perhaps guaranteed returns) is in yourself and gave an anecdote surrounding Penguin Classic novels.

I believe this holds for you too Lech. You mentioned that you had 100K and you are a young graduate. Do you have a job? Consider taking a *rare* but highly sought after professional course in your field of study (that could earn you a promotion,or raise,or get you a better job..or make you retrenchment proof) if you're not doing so already.

Yesterday,arguably the world's fastest man was wearing a shirt with the inscription 'the Long Run'....perhaps that thought should frame your thinking too.

It often happens that a TRADER carries out a deep and complicated calculation,but fails to spot something elementary right at the first move!
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