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What to do with 500,000 for two weeks
Rank: Member Joined: 10/23/2007 Posts: 604
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Let me put it this way...for purpose of simplicity.
Someone has given me 500,000/= for safe keeping for a period of two weeks and maximum one month. I am wondering what can I do with this money to earn some return before the owner asks for it.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Coolbull wrote:Let me put it this way...for purpose of simplicity.
Someone has given me 500,000/= for safe keeping for a period of two weeks and maximum one month. I am wondering what can I do with this money to earn some return before the owner asks for it.
Cytonn will give you 5k after one month. Alternatively, travel to Luanda in western Kenya, buy bhang worth 200K, spend 100K on transport, 200K on bribes sell it in Nairobi for 600K.If you manage 4 trips in a month, you will have a cool 400K in profit If Obiero did it, Who Am I?
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Rank: Member Joined: 1/22/2015 Posts: 682
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Coolbull wrote:Let me put it this way...for purpose of simplicity.
Someone has given me 500,000/= for safe keeping for a period of two weeks and maximum one month. I am wondering what can I do with this money to earn some return before the owner asks for it.
Ask for 10% commission for the safekeeping job since obviously that is dirty money
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Coolbull wrote:Let me put it this way...for purpose of simplicity.
Someone has given me 500,000/= for safe keeping for a period of two weeks and maximum one month. I am wondering what can I do with this money to earn some return before the owner asks for it.
Give short term salary loans. Mwezi iko mbaya. Life is short. Live passionately.
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Create a 'niligongwa' story and eat the whole of it In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 10/23/2007 Posts: 604
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@Swenani - thanks I will contact them though I was hoping it could be higher - or I become a shylock? @Mike Ock - It's clean money for an upcoming project for an old retiree. So before works starts I'm having ideas. @Angelica-ann - Ngai pesa ya 'shosh' niseme niligongwa! Hiyo ni kuitisha ile radi hufanya press-ups Kisii.
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Rank: Elder Joined: 10/3/2008 Posts: 4,057 Location: Gwitu
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Coolbull wrote:@Swenani - thanks I will contact them though I was hoping it could be higher - or I become a shylock? @Mike Ock - It's clean money for an upcoming project for an old retiree. So before works starts I'm having ideas. @Angelica-ann - Ngai pesa ya 'shosh' niseme niligongwa! Hiyo ni kuitisha ile radi hufanya press-ups Kisii. You will contact ganja farmers? Truth forever on the scaffold Wrong forever on the throne (James Russell Rowell)
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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kaka2za wrote:Coolbull wrote:@Swenani - thanks I will contact them though I was hoping it could be higher - or I become a shylock? @Mike Ock - It's clean money for an upcoming project for an old retiree. So before works starts I'm having ideas. @Angelica-ann - Ngai pesa ya 'shosh' niseme niligongwa! Hiyo ni kuitisha ile radi hufanya press-ups Kisii. You will contact ganja farmers? Pole, i thought it was from some confused girl at work, ili iwe funzo !!!!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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kaka2za wrote:Coolbull wrote:@Swenani - thanks I will contact them though I was hoping it could be higher - or I become a shylock? @Mike Ock - It's clean money for an upcoming project for an old retiree. So before works starts I'm having ideas. @Angelica-ann - Ngai pesa ya 'shosh' niseme niligongwa! Hiyo ni kuitisha ile radi hufanya press-ups Kisii. You will contact ganja farmers? Kuna sida? If Obiero did it, Who Am I?
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Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
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Coolbull wrote:Let me put it this way...for purpose of simplicity.
Someone has given me 500,000/= for safe keeping for a period of two weeks and maximum one month. I am wondering what can I do with this money to earn some return before the owner asks for it.
Two weeks ago, had you bought 120,000 shares of CIC insurance at 4.00 ksh, you would have at least 50,00O ksh in you pocket right now. Do not try this right now, hindsight kills speculators. My advice is to let this one go and prepare for the next opportunity by educating yourself and next time you won't even think twice on what to do with short term money, or long term for that matter.
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Rank: Elder Joined: 6/23/2009 Posts: 13,501 Location: nairobi
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Muthawamunene wrote:Coolbull wrote:Let me put it this way...for purpose of simplicity.
Someone has given me 500,000/= for safe keeping for a period of two weeks and maximum one month. I am wondering what can I do with this money to earn some return before the owner asks for it.
Two weeks ago, had you bought 120,000 shares of CIC insurance at 4.00 ksh, you would have at least 50,00O ksh in you pocket right now. Do not try this right now, hindsight kills speculators. My advice is to let this one go and prepare for the next opportunity by educating yourself and next time you won't even think twice on what to do with short term money, or long term for that matter. Never trade with OPP HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
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obiero wrote:Muthawamunene wrote:Coolbull wrote:Let me put it this way...for purpose of simplicity.
Someone has given me 500,000/= for safe keeping for a period of two weeks and maximum one month. I am wondering what can I do with this money to earn some return before the owner asks for it.
Two weeks ago, had you bought 120,000 shares of CIC insurance at 4.00 ksh, you would have at least 50,00O ksh in you pocket right now. Do not try this right now, hindsight kills speculators. My advice is to let this one go and prepare for the next opportunity by educating yourself and next time you won't even think twice on what to do with short term money, or long term for that matter. Never trade with OPP Unless you have yours to back it up.
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Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
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Muthawamunene wrote:obiero wrote:Muthawamunene wrote:Coolbull wrote:Let me put it this way...for purpose of simplicity.
Someone has given me 500,000/= for safe keeping for a period of two weeks and maximum one month. I am wondering what can I do with this money to earn some return before the owner asks for it.
Two weeks ago, had you bought 120,000 shares of CIC insurance at 4.00 ksh, you would have at least 50,00O ksh in you pocket right now. Do not try this right now, hindsight kills speculators. My advice is to let this one go and prepare for the next opportunity by educating yourself and next time you won't even think twice on what to do with short term money, or long term for that matter. Never trade with OPP Unless you have yours to back it up. Which of course defeats the purpose of trading with other people's money. You're right. I fold.
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Rank: Member Joined: 12/17/2011 Posts: 887
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Coolbull wrote:Let me put it this way...for purpose of simplicity.
Someone has given me 500,000/= for safe keeping for a period of two weeks and maximum one month. I am wondering what can I do with this money to earn some return before the owner asks for it.
Go to OLX and spend a whole day obsessively looking for somebody that's desperately selling a car. Corner that person with a low ball offer since they are desperate. Carry like 100k in a bag when you meet him and show it to him and tell him that the deal can be sealed within minutes if he takes your offer. Confuse him. Cash is king so you would have them by the balls. There are a lot of people who are in a fix and will take a big hit if it means getting the cash that they so desperately need. Take the car to your local mechanic, have him fix all the minor details within a day and then sell the car for a huge profit. Sometimes for even as much as 100k profit. Cars being sold for under 500k have a huge market in Kenya, and if your mechanic does a stellar job, that car will be off the market like hot cake so you won't have to worry about not having your shosh's money after a month.
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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Mike Ock wrote:Coolbull wrote:Let me put it this way...for purpose of simplicity.
Someone has given me 500,000/= for safe keeping for a period of two weeks and maximum one month. I am wondering what can I do with this money to earn some return before the owner asks for it.
Ask for 10% commission for the safekeeping job since obviously that is dirty money More realistic to ask for 2% handling fee = sh1,000
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Rank: New-farer Joined: 3/11/2017 Posts: 10
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Were you given the money in Cash? let's begin from there.. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Member Joined: 10/23/2007 Posts: 604
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Muthawamunene wrote:Muthawamunene wrote:obiero wrote:Muthawamunene wrote:Coolbull wrote:Let me put it this way...for purpose of simplicity.
Someone has given me 500,000/= for safe keeping for a period of two weeks and maximum one month. I am wondering what can I do with this money to earn some return before the owner asks for it.
Two weeks ago, had you bought 120,000 shares of CIC insurance at 4.00 ksh, you would have at least 50,00O ksh in you pocket right now. Do not try this right now, hindsight kills speculators. My advice is to let this one go and prepare for the next opportunity by educating yourself and next time you won't even think twice on what to do with short term money, or long term for that matter. Never trade with OPP Unless you have yours to back it up. Yeah, stocks can be a gamble. That I avoided. Which of course defeats the purpose of trading with other people's money. You're right. I fold.
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Rank: Member Joined: 10/23/2007 Posts: 604
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Sober wrote:Were you given the money in Cash? let's begin from there.. Yes, hard cash.
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