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tmakto		#31 Posted : Sunday, May 29, 2016 8:47:49 PM
Rank: New-farer Joined: 10/28/2015 Posts: 47		Horton wrote: kaka2za wrote: Horton wrote: @kularaha i find ur confidence quite fascinating....deluded really....many people here also said something similar about equity a few years back! They also raised a red flag about Imperial Bank right here! Dont remember seeing a redflag on imperial until after As a rule of thumb, monthly payments raise a red flag if the fundamentals are not clear; plus that interest rate is too high not to raise questions from curious investors ... What I read this week: 100 Rules for Being an Entrepreneur (view it here)
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Ebenyo		#32 Posted : Monday, May 30, 2016 7:12:24 AM
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale		tmakto wrote: Horton wrote: kaka2za wrote: Horton wrote: @kularaha i find ur confidence quite fascinating....deluded really....many people here also said something similar about equity a few years back! They also raised a red flag about Imperial Bank right here! Dont remember seeing a redflag on imperial until after As a rule of thumb, monthly payments raise a red flag if the fundamentals are not clear; plus that interest rate is too high not to raise questions from curious investors ... red flag for dubai bank and chase bank was raised here in wazua too.Im also exposed to faulu bank fixed deposit but im opting out as soon as my investment matures in dec.I will move to treasury bond. Towards the goal of financial freedom
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KulaRaha		#33 Posted : Monday, May 30, 2016 10:46:43 AM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		Horton wrote: @kularaha i find ur confidence quite fascinating....deluded really....many people here also said something similar about equity a few years back! Call me deluded, stupid, unsophisticated, dumb, etc etc but when someone is paying 18% when t bill is at 8%.... Business opportunities are like buses,there's always another one coming
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Horton		#34 Posted : Monday, May 30, 2016 1:28:29 PM
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi		KulaRaha wrote: Horton wrote: @kularaha i find ur confidence quite fascinating....deluded really....many people here also said something similar about equity a few years back! Call me deluded, stupid, unsophisticated, dumb, etc etc but when someone is paying 18% when t bill is at 8%.... Usually T-bills, considered the "gold standard" for safety, usually pay less my friend
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KulaRaha		#35 Posted : Monday, May 30, 2016 2:18:18 PM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		Horton wrote: KulaRaha wrote: Horton wrote: @kularaha i find ur confidence quite fascinating....deluded really....many people here also said something similar about equity a few years back! Call me deluded, stupid, unsophisticated, dumb, etc etc but when someone is paying 18% when t bill is at 8%.... Usually T-bills, considered the "gold standard" for safety, usually pay less my friend Not 50% less my friend.... Business opportunities are like buses,there's always another one coming
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tmakto		#36 Posted : Tuesday, May 31, 2016 12:57:56 AM
Rank: New-farer Joined: 10/28/2015 Posts: 47		Ebenyo wrote: tmakto wrote: Horton wrote: kaka2za wrote: Horton wrote: @kularaha i find ur confidence quite fascinating....deluded really....many people here also said something similar about equity a few years back! They also raised a red flag about Imperial Bank right here! Dont remember seeing a redflag on imperial until after As a rule of thumb, monthly payments raise a red flag if the fundamentals are not clear; plus that interest rate is too high not to raise questions from curious investors ... red flag for dubai bank and chase bank was raised here in wazua too.Im also exposed to faulu bank fixed deposit but im opting out as soon as my investment matures in dec.I will move to treasury bond. @Ebenyo please enlighten on doubts over Faulu. What I read this week: 100 Rules for Being an Entrepreneur (view it here)
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Ebenyo		#37 Posted : Tuesday, May 31, 2016 8:55:41 AM
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale		@tmakto,i dont have any news yet but what happened at chase bank was an eye opener.Its better to put ur money where u feel safe.Cbk is 100% safe unless something tragic happens like civil war. Towards the goal of financial freedom
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KulaRaha		#38 Posted : Tuesday, May 31, 2016 9:23:45 AM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		There are three levels of rates being offered in the market: One group pays t bill rates or lower, mostly banks in tier 1 & 2 Another group pays way above t bill, near 12 to 13%, mostly banks in tier 3 & 4 Last group pays "crazy" rates like 18%, mostly "investment companies" like Cytonn, my neighbourhood shylock, my uncle who wants to borrow to start some hair-brained business etc Business opportunities are like buses,there's always another one coming
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tmakto		#39 Posted : Tuesday, May 31, 2016 1:12:15 PM
Rank: New-farer Joined: 10/28/2015 Posts: 47		@Ebenyo Thanks, makes sense. I think Faulu owners (OldMutual etc) are a better lot overall, so should be ok mid-term What I read this week: 100 Rules for Being an Entrepreneur (view it here)
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Mseto binti		#40 Posted : Tuesday, June 21, 2016 8:50:06 PM
Rank: Member Joined: 3/9/2012 Posts: 144		KulaRaha wrote: There are three levels of rates being offered in the market: One group pays t bill rates or lower, mostly banks in tier 1 & 2 Another group pays way above t bill, near 12 to 13%, mostly banks in tier 3 & 4 Last group pays "crazy" rates like 18%, mostly "investment companies" like Cytonn, my neighbourhood shylock, my uncle who wants to borrow to start some hair-brained business etc @ Kularaha ebu expound for us brick walls for heads!!! I found meaningful work🤓
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