take time to read al threads on similar lines and you ll make up your mind


karibu sana

Utashomeka bule for shamba.

For a start continue saving as u continue thinking,no hurry in Afrique.

Karibu sana!

Investments should follow your life goals.
You need to ask yourself what you want to have in your life in the short term and in the long term.
For me shares and interests on deposits are vehicles for getting enough money accumulated to do what I want. They are short term goals that lead me to achieving long term goals. If you put 10k a month in Faulu for 13% return, how long will it take before it gets to the goals you have set for yourself ?
Stocks fluctuate in value and the dividends paid out are rarely worth talking about, the only time you make substantial money in stocks is when you buy low and sell high. Note; you have to sell to make the money, holding a portfolio of stocks indefinitely is not investing.

You need a long term plan.
1. If you want more academic qualifications, a better job or a different career, then you can save that money and put it into education: go to college, buy books etc.

2. If you want to own property like land or a house,, then you need to start looking at what you want to buy, note the prices while still saving to move towards that goal.

3. If you have a family, you will need to educate kids, provide for their entertainment and future needs. You can start putting aside some for the child's high school and college education.

4. If you intend to go into business at some point, use the cash to build your capital for the business, while working on your business plans and doing research on what you wish.

The 10k might look kidogo but inch by inch everything is a cinch, whatever you choose to do with it in the short term, don't gamble it and decrease or loose it. If you are not sure, the fixed deposit thing is probably your best bet for the short term.

I'd say put the money in a sacco and when you have saved enough borrow a loan and use that for a project

Go to a broker and buy shares in HFCK and Kula 12% in just dividends..

These are the best returns for 10k ANYWHERE!!

From what I get,you have 10k to spare EVERY MONTH.Invest in stocks that pay a high dividend yeild.In this case,invest in HFCK shares as long as they are below 15bob.That is a whooping 12% dividend yeild.Accumulate and you may never regret as long as you buy below 15 bob.The average return on real estate minus all expenses stands at about 6% per annum...HFCK offers double in form of dividends...HOLDING ALL OTHER FACTORS CCONSTANT.As you accumulate hfck,read widely about stocks and put more companies into focus...preferably never buy a company with less than 8% dividend yeild at market price...but there are other numerous metrics you have to consider....not forgetting...hfck can give you capital gains too...but dont rely on this,it is just an added advantage.

@Olu...this is because am an investor not a speculator...I buy stocks that I could comfortably hold for 5 years...that is why I emphasize on a high consistent dividend yeild,hfck fulfils those conditions pefectly...for me,capital gains are just an added advantage,not the core business,of course if the price tripples,i will sell without blinking...a high dividend payout that is consistent automatically eliminates companies that cook their books because...you cant give what you dont have...of course,there are other great companies.hfck is just a good example.

@king...today i did some homework and this is what I found out about HFCK.....income after tax...2009 (139000000)::::2010(236000000):::2011(380000000)...2012H1(250000000)...this means that the company has been growing its net profit after tax for the last five years...if the trend continues,which is clearly manifested by this years half-year results,dividends will increase too.what else could an investor want?

@impunity...2day i just liked your footer 'large sledging hammer'

Wisdom at its best. Wonderful.