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With 500K
vin
#1 Posted : Saturday, October 10, 2009 2:10:00 PM
Rank: Member


Joined: 1/22/2007
Posts: 336
Hi good people of SK I have 500K that i have saved and i request your opinions on the best way to make it work for me.Rule out unit trust and related investments.Mubarikiwe sana.

I can do all things through HIM who strengthens me.
Advice is like snow.The softer it lands the harder is sticks.
Ali Baba
#2 Posted : Saturday, October 10, 2009 3:33:00 PM
Rank: Member


Joined: 8/29/2008
Posts: 571
What is your risk factor? How long do you want to have the cash invested? Approximately how old are you? Please answer those questions before we proceed.Regards.

Ali Baba
Kamaa
#3 Posted : Saturday, October 10, 2009 4:29:00 PM
Rank: Veteran


Joined: 10/6/2007
Posts: 1,177
Location: Nairobi - Kenya
Guideline: if you are old go for less risky projects,if its borrowed cash or if you need to use it very soon also go for less risky ones otherwise you can gamble..

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
dexco
#4 Posted : Sunday, October 11, 2009 12:16:00 PM
Rank: Member


Joined: 4/17/2007
Posts: 88
Boss come i teach u biashara ya magari. Low returns/risk but very passive biashara so easy for an employed person
vin
#5 Posted : Monday, October 12, 2009 7:08:00 AM
Rank: Member


Joined: 1/22/2007
Posts: 336
Thanks buddies am in my early thirties and the money is my savings.am willing to invest it for a year or so.I have not taken any loan.

I can do all things through HIM who strengthens me.
Advice is like snow.The softer it lands the harder is sticks.
Ericks
#6 Posted : Monday, October 12, 2009 7:19:00 AM
Rank: Member


Joined: 7/29/2008
Posts: 170
Follow your instincts,the same way they guided u against unit trust,they will as well guide to your biz of choice........

Its just me
whatever choice you make in life make sure that you can live with it.
Kamaa
#7 Posted : Monday, October 12, 2009 7:26:00 AM
Rank: Veteran


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

then after investing for a year how do you plan to spend it...?

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
Informer
#8 Posted : Monday, October 12, 2009 8:33:00 AM
Rank: Member


Joined: 5/20/2009
Posts: 71
@ Dexco

Which cars are hot cakes in Kenya at the moment

SECURITY STARTS WITH YOU
alerts.you@gmail.com
whatever is done in the dark will always come to the light and find its way to bite u in the ass (SO DO THE RIGHT THING EVEN WHEN NO-ONE IS WATCHING)
Ali Baba
#9 Posted : Monday, October 12, 2009 2:20:00 PM
Rank: Member


Joined: 8/29/2008
Posts: 571
My dear friend,if you are willing to invest for a year,then you should look in safe havens like govt securities.Ask CBK for more info.If you were willing to invest longterm,then growth stocks should do.

Ali Baba
dexco
#10 Posted : Monday, October 12, 2009 5:44:00 PM
Rank: Member


Joined: 4/17/2007
Posts: 88
@informer heeee hio swali ni ngumu........ It all depends on the market u r targeting thus where/ who u sell to
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