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How to invest a 265 k bonus Received from my employer ?.
chalan
#11 Posted : Thursday, January 05, 2012 8:12:21 AM
Rank: New-farer

Joined: 4/1/2010
Posts: 86
Location: Kenya
customer wrote:
Any bright ideas on how to invest a 265,000/= 2011 Bonus I have received from my employer ?.

Regards.

Pray Pray Pray Pray



This is serious cash. Am concerned. Hit NSE asap, close your eyes and buy buy buy.
Cde Monomotapa
#12 Posted : Thursday, January 05, 2012 8:25:16 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
For Sport wrote:
Gordon Gekko wrote:
Income from employment is taxable. I'm assuming you have given Ceasar what is due to him?

You can't claim it is a windfall (not taxable) as you have admitted that it is from your employer. Did he deduct tax at source?

??
Advise the guy on what to do with his cash!

scout_boy
#13 Posted : Thursday, January 05, 2012 7:34:01 PM
Rank: New-farer

Joined: 7/16/2011
Posts: 59
@Customer,
Be sure to confirm the issue of tax.Some employers give bonuses through cheques later deduct the tax from subsequent salo's.Beware.

Otherwise ,stocks will do.
maligumu
#14 Posted : Thursday, January 05, 2012 8:55:43 PM
Rank: Member

Joined: 2/22/2010
Posts: 510
Location: De egg
You start by tithing then the other things will follow
Peace be with you
nikimani
#15 Posted : Monday, January 09, 2012 12:00:18 PM
Rank: New-farer

Joined: 1/9/2012
Posts: 23
hi, your 265k bonus came at the right time to invest in a number of investment vehicles, i would recommend unit trusts, depending on your risk appetite, i would recommend the equity fund,as you stand making a tidy sum in a short period of time. 2012 being an election year,combined with other factors,investors both foreign and local are very Apprehensive about their stocks in the NSE,this is the right time to buy, at a bargain price...remember warren buffet's policy-be greedy when others are fearful,and be fearful when others are greedy? n way if you re interested. drop me an email at nicholas.mwangi@oldmutualkenya.com and do great things.
Thermostatic Investor
#16 Posted : Wednesday, January 11, 2012 4:15:00 PM
Rank: New-farer

Joined: 8/18/2011
Posts: 44
Nikimani, Old Mutual of all funds? And Equity Fund at that? NEVER. I put in KES 1M6 years ago. As at today that investment has shrunk to Kes 800,000.
What do you say now? I can give you my account details to confirm.
accelriskconsult
#17 Posted : Wednesday, January 11, 2012 5:55:15 PM
Rank: Member

Joined: 4/2/2011
Posts: 629
Location: Nai
I am with Thermostatic on this one. Unit trusts are a rip off!
Lolest!
#18 Posted : Wednesday, January 11, 2012 9:20:08 PM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Thermostatic Investor wrote:
Nikimani, Old Mutual of all funds? And Equity Fund at that? NEVER. I put in KES 1M6 years ago. As at today that investment has shrunk to Kes 800,000.
What do you say now? I can give you my account details to confirm.

If you must do unit trusts, talk to zimele.
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
customer
#19 Posted : Thursday, January 12, 2012 1:50:27 PM
Rank: New-farer

Joined: 7/15/2010
Posts: 63
Location: nairobi
I talked to Old Mutua about putting in 100k for three months, and they told me the typical return is 3k Per Month !. Yeah, 3k!.
I don't want to reach the end of my life and find I just lived the length of it.

I want to find I have lived it's breadth as well.
lovely2010
#20 Posted : Thursday, January 12, 2012 2:03:13 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
customer wrote:
I talked to Old Mutua about putting in 100k for three months, and they told me the typical return is 3k Per Month !. Yeah, 3k!.


I dont understand why people put money in unit trusts yet you can manage your own investment. The money you give them they put it in stock market, treasury or off shore...yet they give you less returns...100000 @ the moment if you put it in treasury bills for 3 months you get Ksh.4000 or wait and see how deep the market will get and purchase counters with good dividend yield...
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