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400k where to invest?
Josey
#1 Posted : Sunday, September 20, 2009 1:04:00 PM
Rank: Member


Joined: 9/12/2009
Posts: 236
Location: Nairobi
Guys am getting 400k to invest but my mind is blank on what to invest in that has good returns,please advice because the money is to be paid back with interest...


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PKoli
#2 Posted : Monday, September 21, 2009 6:28:00 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
I propose that you put your money in the banks,notably Equity bank. At a price of 14.4 it is unlikely to go any lower. So a profit of 30% seems probable in the short run. Most of their upfront costs have already been spend in branch expansions,in Kenya and in the region.I believe you won't go wrong on this.
Happy investing

PKoli
mtaalam
#3 Posted : Tuesday, September 22, 2009 6:22:00 AM
Rank: Member


Joined: 11/2/2006
Posts: 519
@PKoli

Gosh!,the way you construct your sentences... for a minute there I was thought Equity savings account is giving 14.4% interest!

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kybes
#4 Posted : Tuesday, September 22, 2009 8:27:00 AM
Rank: Member


Joined: 8/10/2009
Posts: 7
other than returns,what else do you hope to achieve by investing the 400k?contact me on kybess@gmail.com for more advise.


wasuki
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