Wazua
»
Groups
»
Advice
»
Hypothetical 50m at your disposal. Where would u invest
Rank: Member Joined: 1/22/2015 Posts: 682
|
Let's say today you were to somehow land on a lumpsum of 50million. Where would you put the money? Whether stocks/business/shamba whatever tickles your fancy, just be specific about what you would do. Ama you would just retire off of it?
This is a purely speculative question, I don't have anywhere near 50million. I just find it interesting since it's the sort of money where fine it's a lot, but you still have to be responsible with how you handle it otherwise it could be gone in a flash. So how would you spend 50m?
|
|
|
Rank: Elder Joined: 4/30/2008 Posts: 6,029
|
Mike Ock wrote:Let's say today you were to somehow land on a lumpsum of 50million. Where would you put the money? Whether stocks/business/shamba whatever tickles your fancy, just be specific about what you would do. Ama you would just retire off of it?
This is a purely speculative question, I don't have anywhere near 50million. I just find it interesting since it's the sort of money where fine it's a lot, but you still have to be responsible with how you handle it otherwise it could be gone in a flash. So how would you spend 50m? TBills and live comfortably on a net of around 400k,tenderpreneurship and make 100% in 12 months.
|
|
|
Rank: Elder Joined: 10/3/2008 Posts: 4,058 Location: Gwitu
|
Mike Ock wrote:Let's say today you were to somehow land on a lumpsum of 50million. Where would you put the money? Whether stocks/business/shamba whatever tickles your fancy, just be specific about what you would do. Ama you would just retire off of it?
This is a purely speculative question, I don't have anywhere near 50million. I just find it interesting since it's the sort of money where fine it's a lot, but you still have to be responsible with how you handle it otherwise it could be gone in a flash. So how would you spend 50m? Please wake up! Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
|
|
|
Rank: Member Joined: 1/22/2015 Posts: 682
|
mawinder wrote:Mike Ock wrote:Let's say today you were to somehow land on a lumpsum of 50million. Where would you put the money? Whether stocks/business/shamba whatever tickles your fancy, just be specific about what you would do. Ama you would just retire off of it?
This is a purely speculative question, I don't have anywhere near 50million. I just find it interesting since it's the sort of money where fine it's a lot, but you still have to be responsible with how you handle it otherwise it could be gone in a flash. So how would you spend 50m? TBills and live comfortably on a net of around 400k,tenderpreneurship and make 100% in 12 months. You would be willing to put it ALL in T-Bills? Are T-bills really that low risk? What if someone wanted to 'finish' you, with all your money in one place under government control, would they be able to wipe out the money somehow?
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
Business! Life is short. Live passionately.
|
|
|
Rank: Member Joined: 12/7/2010 Posts: 520 Location: Epicentre - Ngamia 1
|
@ Mike Ock, Wherever you want to steal that mullah from, quite frankly it ain't worth it. The law will catch up with you. Read @Frm2011 threads on how crime does not pay. Build your own dreams, or someone else will hire you to build theirs - Farrah Gray.
|
|
|
Rank: Elder Joined: 11/5/2010 Posts: 2,459
|
@Mike, someone won 50M in zindua chapaa, could that be you ?
If I had 50m, I would simply fix it with faulu @ 14%. My monthly interest income would be around 550K.
Imagine blowing 500k every month knowing your 50m is still intact.
Which makes me wonder; these fat cats milking our country dry through corruption, when will they ever realize that they have accumulated more than enough for one lifetime?
|
|
|
Rank: Member Joined: 8/27/2010 Posts: 495 Location: Nairobi
|
FRM2011 wrote:@Mike, someone won 50M in zindua chapaa, could that be you ?
If I had 50m, I would simply fix it with faulu @ 14%. My monthly interest income would be around 550K.
Imagine blowing 500k every month knowing your 50m is still intact.
Which makes me wonder; these fat cats milking our country dry through corruption, when will they ever realize that they have accumulated more than enough for one lifetime? Money = power. Sent from my Black Nokia 3310
|
|
|
Rank: Member Joined: 1/24/2011 Posts: 407 Location: Nairobi,Kenya
|
I would buy a prime commercial plot in satellite towns in nairobi and develop.target rental income is at least 600K monthly. Hope is not a strategy
|
|
|
Rank: Veteran Joined: 9/21/2011 Posts: 2,032
|
FRM2011 wrote:@Mike, someone won 50M in zindua chapaa, could that be you ?
If I had 50m, I would simply fix it with faulu @ 14%. My monthly interest income would be around 550K.
Imagine blowing 500k every month knowing your 50m is still intact.
Which makes me wonder; these fat cats milking our country dry through corruption, when will they ever realize that they have accumulated more than enough for one lifetime? to run a serious presidential campaign in +254 you need upwards of 3b. so if all you have stashed in your bank accounts is 1b, it's like you are at -2b..beyond zero that is
|
|
|
Wazua
»
Groups
»
Advice
»
Hypothetical 50m at your disposal. Where would u invest
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.
|