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Treasury Bills Investing-Procedure?
selah
#61 Posted : Tuesday, January 10, 2012 10:39:37 AM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
bird_man wrote:
So you take a loan of 1M to make about 70K that whole year?
You had better even buy cows or plant something.1M for 70K.....


What about a guy who borrow 100k from a sacco @ 10% to make 9k without breaking a sweat by buying the treasury bills.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
Cde Monomotapa
#62 Posted : Tuesday, January 10, 2012 10:40:43 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Mainat wrote:
Impunity-you are right. I believe this is how the money market funds are doing it...

If he stops us from going to work, then i'll be very concerned. OTW, as long as we'll be discussing Ocampo during our regular daily routines...I'll gladly be profiteering off that 'fear'.
QW25081985
#63 Posted : Tuesday, January 10, 2012 10:47:51 AM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
selah wrote:
bird_man wrote:
So you take a loan of 1M to make about 70K that whole year?
You had better even buy cows or plant something.1M for 70K.....


What about a guy who borrow 100k from a sacco @ 10% to make 9k without breaking a sweat by buying the treasury bills.


9k ???? thats peanuts ...even per month
selah
#64 Posted : Tuesday, January 10, 2012 10:48:17 AM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
If you remember the controversial trader who said Goldmansachs rules the world you must have heard what they do in a down market they usually like recessions because they create opportunities to make huge sums of money just like some are doing by exploiting GSECs.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
QW25081985
#65 Posted : Tuesday, January 10, 2012 10:49:36 AM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
bird_man wrote:
So you take a loan of 1M to make about 70K that whole year?
You had better even buy cows or plant something.1M for 70K.....



Laughing out loudly Laughing out loudly Laughing out loudly
Impunity
#66 Posted : Tuesday, January 10, 2012 11:57:42 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
bird_man wrote:
So you take a loan of 1M to make about 70K that whole year?
You had better even buy cows or plant something.1M for 70K.....


You think cow bizna is a walk in the path?
Let say you buy 50 heifers (for beef) at 20,000 (50x20,000= 1,000,000) and bread them for 12 months.
How much will they be worth after that period?
What will be the cost of feed?
The cost of cowboys?
The cost of medication?
The cost personal stress since these are live animal and they coud die anytime!?

If you are lucky to sell at 25,000 thats 250,000 gross.
Then pay 5K pm for 5 cowboys for 12 months = 300,000.
And mambo bado yet yu are at aloss already.
Dont even think of daily cows!smile
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

bird_man
#67 Posted : Tuesday, January 10, 2012 2:38:28 PM
Rank: Veteran

Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
@Impunity...that was just an example didn't really mean it.All the same you cannot buy a cow at 20K and sell it at 25K after 12months.Maziwa na watoto je?
Anyway....different strokes,different folks I guess.With 1M I know what I would do for more than 5,800sh a month.
Formally employed people often live their employers' dream & forget about their own.
selah
#68 Posted : Tuesday, January 10, 2012 3:01:42 PM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
bird_man wrote:
@Impunity...that was just an example didn't really mean it.All the same you cannot buy a cow at 20K and sell it at 25K after 12months.Maziwa na watoto je?
Anyway....different strokes,different folks I guess.With 1M I know what I would do for more than 5,800sh a month.


@birdman give us that example...a risk free investment that can give you 20% return without breaking a sweat.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
bird_man
#69 Posted : Tuesday, January 10, 2012 3:17:47 PM
Rank: Veteran

Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
Selah...without getting into details,I run a small business on the side.With a loan of about 400K I have been able to get the biz generating about 30K in net profit per month.It has taken time though & it is not RISK free.
Give 1M to different people & they will do diff things.So nobody is wrong or right here.I just felt 1M for 70K profit in one year can be utilized in other more profitable ways.
Formally employed people often live their employers' dream & forget about their own.
selah
#70 Posted : Tuesday, January 10, 2012 3:29:01 PM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
@bird_man am not disputing that but here we are talking about taking a loan and investing it on T/bills with a view of getting a profit from doing absolutely nothing.The catch though is that you will have to a pay the loan from other sources until maturity date.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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