wazua Wed, Nov 27, 2024
Welcome Guest Search | Active Topics | Log In | Register

Hi Wazuans: I need help on investing in Tbills
Options
Previous Topic · Next Topic
antonal
#1 Posted : Saturday, January 10, 2015 5:41:15 PM
Rank: Hello


Joined: 1/10/2015
Posts: 1
This is my first post on Wazua though i have been checking out the forum for years. I am a beginner in investing and want to invest in T-bills. What is the return? What can I get if I invest in say, 200k every 3 months? Please don't try to advise me to invest in stocks as I don't have much time and skill to cherry pick as Wazuans call it. I just want a stable investment that will keep my money "safe". Also, how do I go about it? What is the process and what do I need to get started
Back to top
 Report Abusive | Report SPAM
Chaka
#2 Posted : Sunday, January 11, 2015 10:37:17 AM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
The first thing you need to do is open a CDS account with CBK..this is different from the one that is opened via the stock broker for stocks..
Back to top
 Report Abusive | Report SPAM
mic_mic
#3 Posted : Sunday, January 11, 2015 11:37:45 AM
Rank: Member


Joined: 12/30/2012
Posts: 545
Location: NBI
antonal wrote:
TI just want a stable investment that will keep my money "safe". Also, how do I go about it? What is the process and what do I need to get started


Karibu!

What you really need to invest in (at least part of your portfolio) is Bitcoin.

Buy it now and forget about it. Mid-to-long term, you won't find a better investment.

Here is a thread http://wazua.co.ke/forum.aspx?g=posts&t=29849

As for Tbills, they are seasonal. At times they make for a good investment and at times, there are better yielding alternatives. Maybe you should consider Government bonds of the 10+ year variety.

With Tbills, you have to redo the tendering process every 3 months. it is NOT a long term investments but rather a safe temporary cash hold asset.

If you want to find out more about bitcoin and its medium and long term prospects, drop me a line at

mkimani@pesaafrica.com

Meanwhile, i will leave this here


BITCOIN TRADERS KENYA Whatsapp group +254 705 299 429
Back to top
BLOG
 Report Abusive | Report SPAM
stockshunter
#4 Posted : Sunday, January 11, 2015 6:40:18 PM
Rank: Member


Joined: 1/16/2014
Posts: 114
mic_mic wrote:
antonal wrote:
TI just want a stable investment that will keep my money "safe". Also, how do I go about it? What is the process and what do I need to get started


Karibu!

What you really need to invest in (at least part of your portfolio) is Bitcoin.

Buy it now and forget about it. Mid-to-long term, you won't find a better investment.

Here is a thread http://wazua.co.ke/forum.aspx?g=posts&t=29849

As for Tbills, they are seasonal. At times they make for a good investment and at times, there are better yielding alternatives. Maybe you should consider Government bonds of the 10+ year variety.

With Tbills, you have to redo the tendering process every 3 months. it is NOT a long term investments but rather a safe temporary cash hold asset.

If you want to find out more about bitcoin and its medium and long term prospects, drop me a line at

mkimani@pesaafrica.com

Meanwhile, i will leave this here




This appears like a global ponzi scheme but let see what will happen with the Bitcoin. Time will tell
fear makes people live a miserable life.
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2024 Wazua.co.ke. All Rights Reserved.