Wazua
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Safaricom Investment Cooperative
Rank: Member Joined: 3/14/2012 Posts: 577 Location: Nairobi Kenya
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Just heard about SIC today, am definately going to dig more on it. Before I die - i will touch the sky!!
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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This is a good investment idea
Thieves
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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YoungMulla wrote:Just heard about SIC today, am definately going to dig more on it.
You are welcome to join SIC.
I can see the numbers are increasing here at Wazua. History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: New-farer Joined: 4/4/2011 Posts: 94 Location: Nairobi
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Been a SIC member for the last two years and I can't complain!
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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This is the most efficient organization that i have been part of. Efficient in terms of responding to queries and updating statements upon receipt of funds. History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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60K will would have earned me how much dividend as at the end of the previous year?
And if I decide to pull out today, what is the procedure and will I get all my money invested as per that date?
 Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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Impunity wrote:60K will would have earned me how much dividend as at the end of the previous year?
And if I decide to pull out today, what is the procedure and will I get all my money invested as per that date?
Mzee wacha kasheshe mob na leta pesa SIC. We are looking for more guys for expansion Thieves
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Rank: Veteran Joined: 11/2/2006 Posts: 1,206 Location: Nairobi
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42%p.a return just sounds fishy especially when you dont pay it out in cash form.Those are methods employed by Saccos/Companies with liquidity issues hoping to impress would be investors.You have 1M in your savings & earn 420k in dividends of which you will only receive 100k in cash.....really? Formally employed people often live their employers' dream & forget about their own.
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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bird_man wrote:42%p.a return just sounds fishy especially when you dont pay it out in cash form.Those are methods employed by Saccos/Companies with liquidity issues hoping to impress would be investors.You have 1M in your savings & earn 420k in dividends of which you will only receive 100k in cash.....really?
Where do they take the other 320K?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Member Joined: 11/9/2007 Posts: 420 Location: Nairobi
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Impunity wrote:bird_man wrote:42%p.a return just sounds fishy especially when you dont pay it out in cash form.Those are methods employed by Saccos/Companies with liquidity issues hoping to impress would be investors.You have 1M in your savings & earn 420k in dividends of which you will only receive 100k in cash.....really?
Where do they take the other 320K?
plowed back of course
Opinion is free, truth is sacred.
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