Treasury Bills and Bonds - Page 107 - Bonds - Wazua

Welcome Guest

Wazua » Investor » Bonds » Treasury Bills and Bonds

Treasury Bills and Bonds

Options

Previous Topic · Next Topic

Impunity		#1061 Posted : Wednesday, November 28, 2018 5:47:16 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		Angelica _ann wrote: wukan wrote: You know at the age of 50-60 you can sell one of the houses and buy bonds to live off the interest in retirement. I'm sure healthcare costs would be really be expensive. In Africa due to inflation real estate still remains king. Africa is too risky for bonds politicians can mess up big-time. Imagine buying Somali govt bonds and the state collapses or a new regime deciding to give bond holders a haircut. Mimi niko hapa ....so you understand . But you cannot start learning how to deal with bonds/bills at this age. Therefore you must start early. Invest in a family house to stay in, rest enjoy life my fren. Even the Michukis have estate administration dispute, of all the people. Let your kids build their own investment - provide them with good education, formation and moral standing. But let them chart their own course/destiny. From the meeting I thought you were in your dhates only! Kumbe ni mzee. People like Oliech n "Mariga" should not be begging for Paybill from Kenyans.Poor choices. Not everyone can do business or be a hustler-prenuer! There is a point when more money doesn't improve your life or increase comfort. When you reach that point,no need to continue packing up those plots. At that point just let your little money work for you...or collect some decent rental income...no need for late night business deals. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
Back to top		\|
User Profile

Ebenyo		#1062 Posted : Wednesday, November 28, 2018 7:04:49 PM
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale		Impunity wrote: Ebenyo wrote: Impunity wrote: ibsi wrote: Impunity wrote: Angelica _ann wrote: Impunity wrote: KulaRaha wrote: Angelica _ann wrote: maka wrote: Angelica _ann wrote: maka wrote: Tap sale... Am too high to get the info... But yes we have a tap... Kesho is another day. We will be waiting Now this is good, mbus came back for the masses, unlike previously. Underpriced, they should pay 13%+ for this tenor. They'll raise rates soon... The coupon rate remains same coz it's a tap sale. The weighted rate may go higher than 12.156 (sad) but also may go lower. So much liquidity in the market. I moved from bonds to 1 year t-bills, better compounded returns and no sales headaches. I don't think Tbills at 9% before 15% haircut is comparable to 12% net profit IFB. You will be more liquid with a monthly spreadout bills and you risk misusing the liquidity on some urembo za bure. I prefer Bonds to Bills coz of the interest rate and also ease in handling them especially rolling over. Once you buy a 20 yr bond you'll just relax and get interest semi annually and reinvest the interest and by the time the bond matures, you'll have made a fortune to make you survive. Me thought so too. Imagine placing 100M in a 20 year IFB bond coupons at 12%. This will give you monthly salo ya Kes.1M for 20 years (Yaani 4 terms as an mpig). Contrast this with buying a 20M land in kitusuru and putting up 2 mansions at 40M each...each mansion giving 200K pm at the best...thats 400K pm assuming full time occupancy. Then think about maintenance,kanjo,Riparian fears,non occupancy,difficult luo tenants etc for 20 years! Sometimes it's good to let the money work for you....sadly we don't have the 100M now. Naysayers claim you can put the 100M in sportspesa and double it overnight....but you can also lose it overnight! Just imagine what you can do with a 1M monthly income? You can rent those 200K per month serviced apartments hapo Rosdlyn Heights and be neighbors with kina Caroline Mutoko and other top end slay queens...and still have change to buy plot monthly huko Kitee! I agree with you. The people who bet in sportpesa and in other betting games are suffering from poverty mentality. Towards the goal of financial freedom
Back to top		\|
User Profile

ibsi		#1063 Posted : Wednesday, November 28, 2018 9:01:25 PM
Rank: New-farer Joined: 5/7/2010 Posts: 38 Location: Nairobi		Ebenyo wrote: Impunity wrote: Ebenyo wrote: Impunity wrote: ibsi wrote: Impunity wrote: Angelica _ann wrote: Impunity wrote: KulaRaha wrote: Angelica _ann wrote: maka wrote: Angelica _ann wrote: maka wrote: Tap sale... Am too high to get the info... But yes we have a tap... Kesho is another day. We will be waiting Now this is good, mbus came back for the masses, unlike previously. Unfortunately and despite the extended period of offer, only 8b has been realised. It was a bad timing for CBK. The coupon for such long period wasn't attractive either. For me the coupon was ok compared to normal bonds which usually attract withholding tax. Underpriced, they should pay 13%+ for this tenor. They'll raise rates soon... The coupon rate remains same coz it's a tap sale. The weighted rate may go higher than 12.156 (sad) but also may go lower. So much liquidity in the market. I moved from bonds to 1 year t-bills, better compounded returns and no sales headaches. I don't think Tbills at 9% before 15% haircut is comparable to 12% net profit IFB. You will be more liquid with a monthly spreadout bills and you risk misusing the liquidity on some urembo za bure. I prefer Bonds to Bills coz of the interest rate and also ease in handling them especially rolling over. Once you buy a 20 yr bond you'll just relax and get interest semi annually and reinvest the interest and by the time the bond matures, you'll have made a fortune to make you survive. Me thought so too. Imagine placing 100M in a 20 year IFB bond coupons at 12%. This will give you monthly salo ya Kes.1M for 20 years (Yaani 4 terms as an mpig). Contrast this with buying a 20M land in kitusuru and putting up 2 mansions at 40M each...each mansion giving 200K pm at the best...thats 400K pm assuming full time occupancy. Then think about maintenance,kanjo,Riparian fears,non occupancy,difficult luo tenants etc for 20 years! Sometimes it's good to let the money work for you....sadly we don't have the 100M now. Naysayers claim you can put the 100M in sportspesa and double it overnight....but you can also lose it overnight! Just imagine what you can do with a 1M monthly income? You can rent those 200K per month serviced apartments hapo Rosdlyn Heights and be neighbors with kina Caroline Mutoko and other top end slay queens...and still have change to buy plot monthly huko Kitee! I agree with you. The people who bet in sportpesa and in other betting games are suffering from poverty mentality. Trust in God and endure patiently.
Back to top		\|
User Profile

tandich		#1064 Posted : Wednesday, November 28, 2018 10:53:40 PM
Rank: Member Joined: 5/6/2008 Posts: 199		ibsi wrote: wukan wrote: You know at the age of 50-60 you can sell one of the houses and buy bonds to live off the interest in retirement. I'm sure healthcare costs would be really be expensive. In Africa due to inflation real estate still remains king. Africa is too risky for bonds politicians can mess up big-time. Imagine buying Somali govt bonds and the state collapses or a new regime deciding to give bond holders a haircut. There's no need to live in fear about political turmoil. If anything, the first people who would suffer loss of investments are those who who own real estates and other businesses. As somebody said earlier, live now and let the others take care of themselves. For children, give them quality education environment, they'll enjoy making their own money. What about inflation? One of the many ‘techniques’ governments use to get out of debt crises.
Back to top		\|
User Profile

maka		#1065 Posted : Thursday, November 29, 2018 4:13:00 PM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		maka wrote: Angelica _ann wrote: maka wrote: Tap sale... Am too high to get the info... But yes we have a tap... Kesho is another day. We will be waiting possunt quia posse videntur
Back to top		\|
User Profile

Angelica _ann		#1066 Posted : Thursday, November 29, 2018 4:26:36 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		maka wrote: maka wrote: Angelica _ann wrote: maka wrote: Tap sale... Am too high to get the info... But yes we have a tap... Kesho is another day. We will be waiting So locals made noise about the issue yet when given opportunity hawana pesa. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top		\|
User Profile

maka		#1067 Posted : Thursday, November 29, 2018 4:49:00 PM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		Angelica _ann wrote: maka wrote: maka wrote: Angelica _ann wrote: maka wrote: Tap sale... Am too high to get the info... But yes we have a tap... Kesho is another day. We will be waiting So locals made noise about the issue yet when given opportunity hawana pesa. Economy mbaya... possunt quia posse videntur
Back to top		\|
User Profile

Impunity		#1068 Posted : Thursday, November 29, 2018 7:55:59 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		Angelica _ann wrote: maka wrote: maka wrote: Angelica _ann wrote: maka wrote: Tap sale... Am too high to get the info... But yes we have a tap... Kesho is another day. We will be waiting So locals made noise about the issue yet when given opportunity hawana pesa. Nye nye nye nye nyeeee na given a whole week they could not buy anything. Maka,I thought at the Tap same a new average accepted rate was to be determined by the market? How comes it's the same rate as initial offer? Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
Back to top		\|
User Profile

maka		#1069 Posted : Thursday, November 29, 2018 10:26:06 PM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		Impunity wrote: Angelica _ann wrote: maka wrote: maka wrote: Angelica _ann wrote: maka wrote: Tap sale... Am too high to get the info... But yes we have a tap... Kesho is another day. We will be waiting So locals made noise about the issue yet when given opportunity hawana pesa. Nye nye nye nye nyeeee na given a whole week they could not buy anything. Maka,I thought at the Tap same a new average accepted rate was to be determined by the market? How comes it's the same rate as initial offer? That's how TAP works.... Only thing is the pay up price is adjusted for accrued interest... possunt quia posse videntur
Back to top		\|
User Profile

maka		#1070 Posted : Thursday, November 29, 2018 10:30:44 PM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		maka wrote: Impunity wrote: Angelica _ann wrote: maka wrote: maka wrote: Angelica _ann wrote: maka wrote: Tap sale... Am too high to get the info... But yes we have a tap... Kesho is another day. We will be waiting So locals made noise about the issue yet when given opportunity hawana pesa. Nye nye nye nye nyeeee na given a whole week they could not buy anything. Maka,I thought at the Tap same a new average accepted rate was to be determined by the market? How comes it's the same rate as initial offer? That's how TAP works.... Only thing is the pay up price is adjusted for accrued interest... Hypothetical figures below👇🏾👇🏾 possunt quia posse videntur
Back to top		\| \| Edit by user: Friday, November 30, 2018 6:56 AM \| Reason: Not specified
User Profile

173 Pages«<105106107108109>»

Wazua » Investor » Bonds » Treasury Bills and Bonds

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.

Watch this topic
Print this topic

Normal
Threaded