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Best Way To Save for Real Estate?
icecube
#11 Posted : Saturday, July 05, 2014 2:47:51 PM
Rank: Member

Joined: 1/2/2008
Posts: 268
Location: Nairobi
Mucene wrote:
icecube wrote:
lochaes wrote:
icecube wrote:
Gordon Gekko wrote:
holycow wrote:
T-bills will do the trick, let him/her invest 100k every 2 months. I'd advise against stocks.

Unit trusts (money market, not equity or balanced) do better than t-bills, and offer more flexibility.


Is interest paid monthly on unit trusts?


ooh yes

And can I withdraw my money at will? At what cost?


Yes, usually takes 4-7 business days. cost vary mainly from zero to about 5000/=


Thanks for this information, I have some 50K and I want to invest in unit trusts..
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