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Passive income
anasazi
#1 Posted : Monday, May 21, 2018 8:14:21 PM
Rank: Veteran


Joined: 6/8/2007
Posts: 675
Hi Wazuans,

Had an interesting discussion with someone reviewing passive income investments in Kenya. Apart from houses for rent I struggled! What's the latest in this area?

We discussed options for Uber/ Taxify et Al and those have their challenges in this market.

Form is temporary, class is permanent
murchr
#2 Posted : Monday, May 21, 2018 8:24:50 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
If you are a musician, toa smash hit then make sure it makes its way on skiza tunes then sit and earn royalties.

Div shares and bonds

Google is a very good friend

"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Chaka
#3 Posted : Monday, May 21, 2018 8:32:05 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
What are the passive investments outside Kenya?Then copy paste may work?

anasazi wrote:
Hi Wazuans,

Had an interesting discussion with someone reviewing passive income investments in Kenya. Apart from houses for rent I struggled! What's the latest in this area?

We discussed options for Uber/ Taxify et Al and those have their challenges in this market.


Swenani
#4 Posted : Monday, May 21, 2018 9:29:21 PM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
murchr wrote:
If you are a musician, toa smash hit then make sure it makes its way on skiza tunes then sit and earn royalties.

Div shares and bonds

Google is a very good friend



Bangi sio poaLaughing out loudly Laughing out loudly Laughing out loudly
If Obiero did it, Who Am I?
murchr
#5 Posted : Monday, May 21, 2018 10:41:53 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Swenani wrote:
murchr wrote:
If you are a musician, toa smash hit then make sure it makes its way on skiza tunes then sit and earn royalties.

Div shares and bonds

Google is a very good friend



Bangi sio poaLaughing out loudly Laughing out loudly Laughing out loudly



Sasa ni nini, am helping a brother Laughing out loudly Laughing out loudly
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
anasazi
#6 Posted : Tuesday, May 22, 2018 2:25:57 PM
Rank: Veteran


Joined: 6/8/2007
Posts: 675
murchr wrote:
If you are a musician, toa smash hit then make sure it makes its way on skiza tunes then sit and earn royalties.

Div shares and bonds

Google is a very good friend



LOL. Smash hit tena

Shares and bonds are out there.

When you want to diversify, you have some options like:

- Put money in a company like Speed Capital - http://speedcapital.co.ke/
- You could bit the bullet and do Uber?
- Buying and selling cars (not so passive?)

etc

Ama there is no such thing as easy money eh. When you start looking for more than 10% pa return options are limited!
Form is temporary, class is permanent
Lolest!
#7 Posted : Tuesday, May 22, 2018 3:00:37 PM
Rank: Elder


Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Uber is definitely not passive.
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
Swenani
#8 Posted : Tuesday, May 22, 2018 3:44:15 PM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
anasazi wrote:
Hi Wazuans,

Had an interesting discussion with someone reviewing passive income investments in Kenya. Apart from houses for rent I struggled! What's the latest in this area?

We discussed options for Uber/ Taxify et Al and those have their challenges in this market.



Buy Samantha and bring it to Kenya charge 4K for 2hrs, if biz is low take advantage of the worldcup in Russia and rent her out for 4k for a 4 hrs.

Thank me later
If Obiero did it, Who Am I?
Swenani
#9 Posted : Tuesday, May 22, 2018 3:46:10 PM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
anasazi wrote:
murchr wrote:
If you are a musician, toa smash hit then make sure it makes its way on skiza tunes then sit and earn royalties.

Div shares and bonds

Google is a very good friend



LOL. Smash hit tena

Shares and bonds are out there.

When you want to diversify, you have some options like:

- [color=red]Put money in a company like Speed Capital - http://speedcapital.co.ke/[/color]
- You could bit the bullet and do Uber?
- Buying and selling cars (not so passive?)

etc

Ama there is no such thing as easy money eh. When you start looking for more than 10% pa return options are limited!

Si ungesema tu you are looking for investors coz it seems you already had an answer for your Q
If Obiero did it, Who Am I?
Mike Ock
#10 Posted : Tuesday, May 22, 2018 7:14:45 PM
Rank: Member


Joined: 1/22/2015
Posts: 682
Most passive income essentially involves renting an asset of some kind for someone else to use. So basically if you're looking for passive income opportunities, look to build or buy an asset that can be rented out
webish
#11 Posted : Wednesday, May 23, 2018 11:42:53 AM
Rank: Member


Joined: 10/19/2009
Posts: 671
Location: Nairobi
Mike Ock wrote:
Most passive income essentially involves renting an asset of some kind for someone else to use. So basically if you're looking for passive income opportunities, look to build or buy an asset that can be rented out


Correct, and well said.

Life is joy, death is peace, but the transition is very difficult.
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