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How to invest a 265 k bonus Received from my employer ?.
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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muthoniruth wrote:Hi,
if your aim is to grow your networth over time, I would suggest you consider starting your journey into real estate.
You can find pieces of land that cost that much that are genuine and have title deed. Many Wazuans have got the word "real estate" very wrong... Real estate business has never involved the purchase and sale of undeveloped "LAND"... Mark 12:29
Deuteronomy 4:16
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Rank: User Joined: 11/10/2010 Posts: 550 Location: Junction
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This is not the best time to get into the NSE. You do not know what ocampo 4 have up their sleeve and its an election year. Expect anything. Join a Sacco Society and deposit the cash with them. You can earn interest of 7 to 12 from Saccos. 6 months down the line, you will qualify to borrow three times your deposits at a fixed interest of 12%. Take the cash and invest in good shares. By the end of 2013, you will be a millionaire. By inference, the man is all that Mr Phantom is not: an untrustworthy radical, divisive, too many enemies, a dictator, and a persistent liar...Gaitho dialogues.
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Rank: New-farer Joined: 12/1/2010 Posts: 37 Location: Nairobi
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Kihangeri wrote:This is not the best time to get into the NSE. You do not know what ocampo 4 have up their sleeve and its an election year. Expect anything. Join a Sacco Society and deposit the cash with them. You can earn interest of 7 to 12 from Saccos. 6 months down the line, you will qualify to borrow three times your deposits at a fixed interest of 12%. Take the cash and invest in good shares. By the end of 2013, you will be a millionaire. Best Advice so far, but instead of Shares, get a nice piece of land somewhere and wait for it to appreciate.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Sakangu wrote:Kihangeri wrote:This is not the best time to get into the NSE. You do not know what ocampo 4 have up their sleeve and its an election year. Expect anything. Join a Sacco Society and deposit the cash with them. You can earn interest of 7 to 12 from Saccos. 6 months down the line, you will qualify to borrow three times your deposits at a fixed interest of 12%. Take the cash and invest in good shares. By the end of 2013, you will be a millionaire. @Skangu i concur land at a nicely picked location will bring out of the ball park kind of returns look at places just at the outskirts of Nairobi and have the potential to grow...C kwa ubaya we have some of the most useless fund managers around I dont know what they learnt in school. Best Advice so far, but instead of Shares, get a nice piece of land somewhere and wait for it to appreciate. possunt quia posse videntur
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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enda macha ( machakos ) bwana this konza city coming up will rock that small town ! property prices have already started shooting up ..
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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DtheK wrote:Forget mutual funds.Get yourself to the nearest CBK office or your bank and buy T bills worth 100k,
next buy a copy of business daily go to the "stocks/NSE" section then google "NSE 20-Share Index"
rank each stock in the list from your search according to the value of the PE column the lowest PE gets a value of 1 and so on then look at the Dividend yield column rank each stock from the Index with the stock with the highest value getting a rank of one and so on,
give each of the stocks a score by adding up the ranks the stocks with the lowest ten values are the ones to invest in,distribute your 100k among them in whatever way you like.The 65k buy KCB shares,they are the big boys of banking,the same industry that earned you a 1/4 million bonus how much you think they make?
How id it go @customer? I think DtheK gave you the best advise. Its been 3years now am sure many Wazuans would like to know how it all went down. "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
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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Did the story in post #28 take place?
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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I wonder what you did with the money....
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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chiaroscuro wrote:I wonder what you did with the money.... If you put the money in a plot, chances are that you've doubled your money now....
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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DtheK wrote:Forget mutual funds.Get yourself to the nearest CBK office or your bank and buy T bills worth 100k,
next buy a copy of business daily go to the "stocks/NSE" section then google "NSE 20-Share Index"
rank each stock in the list from your search according to the value of the PE column the lowest PE gets a value of 1 and so on then look at the Dividend yield column rank each stock from the Index with the stock with the highest value getting a rank of one and so on,
give each of the stocks a score by adding up the ranks the stocks with the lowest ten values are the ones to invest in,distribute your 100k among them in whatever way you like.The 65k buy KCB shares,they are the big boys of banking,the same industry that earned you a 1/4 million bonus how much you think they make?
For the last three years, several MMF unit trusts have returned higher that CBK T-Bills. But you were right on KCB - it has appreciated 3-fold....better than most plots of land!
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