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Investments that compound interest in Kenya
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rwitre
#41 Posted : Wednesday, October 23, 2019 10:03:02 AM
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Joined: 3/8/2018
Posts: 507
Location: Nairobi
mawinder wrote:

SIB Mansa X gives returns of 22% pa


Have you dealt directly with them? If so, how was the experience? Very scanty information about it online.
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kmucheke
#42 Posted : Thursday, October 24, 2019 6:01:05 PM
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Joined: 3/16/2019
Posts: 313
A portion of the sponsored article on BD about Mansa-X by SIB.
Quote:
The trading of foreign exchange will be done online with spot currency pairs including euro-US dollar, the British pound against the US dollar, among others.

The fund is charging an initial fee of five per cent of the amount invested and an annual management fee of five per cent.

The management fee is waived in the first year.

If the fund makes a return above 25 per cent, then it charges a fee of 10 per cent of the extra return. So far, the fund has made a return exceeding 20 per cent.


The full article is here:SIB Mansa-X
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Ericsson
#43 Posted : Monday, October 28, 2019 9:41:44 AM
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Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
TRADING the stock market is when you buy and sell shares over a short period of time such as a day, a week or less than a year with the intention of making profits.
INVESTING in a stock is when you buy a stock and keep it for a period of years to decades
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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NewMoney
#44 Posted : Tuesday, October 29, 2019 12:54:38 PM
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Joined: 3/1/2019
Posts: 170
Location: Nairobi
If I was to sell KCB today, my annualized return would be 21%, or 30% if I count the dividents I already pocketed this year. You can tell me I was just lucky but I think there is money to be made at the NSE if you play the right moves.
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