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Hypothetical 50m at your disposal. Where would u invest
Rank: Member Joined: 1/22/2015 Posts: 682
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Let's say today you were to somehow land on a lumpsum of 50million. Where would you put the money? Whether stocks/business/shamba whatever tickles your fancy, just be specific about what you would do. Ama you would just retire off of it?
This is a purely speculative question, I don't have anywhere near 50million. I just find it interesting since it's the sort of money where fine it's a lot, but you still have to be responsible with how you handle it otherwise it could be gone in a flash. So how would you spend 50m?
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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Mike Ock wrote:Let's say today you were to somehow land on a lumpsum of 50million. Where would you put the money? Whether stocks/business/shamba whatever tickles your fancy, just be specific about what you would do. Ama you would just retire off of it?
This is a purely speculative question, I don't have anywhere near 50million. I just find it interesting since it's the sort of money where fine it's a lot, but you still have to be responsible with how you handle it otherwise it could be gone in a flash. So how would you spend 50m? TBills and live comfortably on a net of around 400k,tenderpreneurship and make 100% in 12 months.
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Rank: Elder Joined: 10/3/2008 Posts: 4,057 Location: Gwitu
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Mike Ock wrote:Let's say today you were to somehow land on a lumpsum of 50million. Where would you put the money? Whether stocks/business/shamba whatever tickles your fancy, just be specific about what you would do. Ama you would just retire off of it?
This is a purely speculative question, I don't have anywhere near 50million. I just find it interesting since it's the sort of money where fine it's a lot, but you still have to be responsible with how you handle it otherwise it could be gone in a flash. So how would you spend 50m? Please wake up! Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
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Rank: Member Joined: 1/22/2015 Posts: 682
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mawinder wrote:Mike Ock wrote:Let's say today you were to somehow land on a lumpsum of 50million. Where would you put the money? Whether stocks/business/shamba whatever tickles your fancy, just be specific about what you would do. Ama you would just retire off of it?
This is a purely speculative question, I don't have anywhere near 50million. I just find it interesting since it's the sort of money where fine it's a lot, but you still have to be responsible with how you handle it otherwise it could be gone in a flash. So how would you spend 50m? TBills and live comfortably on a net of around 400k,tenderpreneurship and make 100% in 12 months. You would be willing to put it ALL in T-Bills? Are T-bills really that low risk? What if someone wanted to 'finish' you, with all your money in one place under government control, would they be able to wipe out the money somehow?
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Business! Life is short. Live passionately.
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Rank: Member Joined: 12/7/2010 Posts: 520 Location: Epicentre - Ngamia 1
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@ Mike Ock, Wherever you want to steal that mullah from, quite frankly it ain't worth it. The law will catch up with you. Read @Frm2011 threads on how crime does not pay. Build your own dreams, or someone else will hire you to build theirs - Farrah Gray.
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Rank: Elder Joined: 11/5/2010 Posts: 2,459
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@Mike, someone won 50M in zindua chapaa, could that be you ?
If I had 50m, I would simply fix it with faulu @ 14%. My monthly interest income would be around 550K.
Imagine blowing 500k every month knowing your 50m is still intact.
Which makes me wonder; these fat cats milking our country dry through corruption, when will they ever realize that they have accumulated more than enough for one lifetime?
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Rank: Member Joined: 8/27/2010 Posts: 495 Location: Nairobi
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FRM2011 wrote:@Mike, someone won 50M in zindua chapaa, could that be you ?
If I had 50m, I would simply fix it with faulu @ 14%. My monthly interest income would be around 550K.
Imagine blowing 500k every month knowing your 50m is still intact.
Which makes me wonder; these fat cats milking our country dry through corruption, when will they ever realize that they have accumulated more than enough for one lifetime? Money = power. Sent from my Black Nokia 3310
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Rank: Member Joined: 1/24/2011 Posts: 407 Location: Nairobi,Kenya
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I would buy a prime commercial plot in satellite towns in nairobi and develop.target rental income is at least 600K monthly. Hope is not a strategy
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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FRM2011 wrote:@Mike, someone won 50M in zindua chapaa, could that be you ?
If I had 50m, I would simply fix it with faulu @ 14%. My monthly interest income would be around 550K.
Imagine blowing 500k every month knowing your 50m is still intact.
Which makes me wonder; these fat cats milking our country dry through corruption, when will they ever realize that they have accumulated more than enough for one lifetime? to run a serious presidential campaign in +254 you need upwards of 3b. so if all you have stashed in your bank accounts is 1b, it's like you are at -2b..beyond zero that is
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Rank: Member Joined: 1/22/2015 Posts: 682
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so it seems the best options are real estate and bonds?
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Mike Ock wrote:so it seems the best options are real estate and bonds? Diversify into 3-4 areas. T bills, Real estate, Stocks and Bisiness (hotel/petrol station). Eggs arein diff baskets. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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This being Kenya you can also spare 20m and use it to buy a board seat on Kengen, Geothermal or KPA board and depending on your shrewdness you can make at least 200m.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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mawinder wrote:This being Kenya you can also spare 20m and use it to buy a board seat on Kengen, Geothermal or KPA board and depending on your shrewdness you can make at least 200m. Surely mawinder.. 20m is not enough to purchase a board seat
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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obiero wrote:mawinder wrote:This being Kenya you can also spare 20m and use it to buy a board seat on Kengen, Geothermal or KPA board and depending on your shrewdness you can make at least 200m. Surely mawinder.. 20m is not enough to purchase a board seat Seems you were ripped off.An friend's uncle of spent a mere 1m and was made chairman of Nzoia sugar. So I assume for the bluechip parastatals the price tag is around 10-20m.
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Rank: Veteran Joined: 8/10/2014 Posts: 955 Location: Kenya
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mawinder wrote:obiero wrote:mawinder wrote:This being Kenya you can also spare 20m and use it to buy a board seat on Kengen, Geothermal or KPA board and depending on your shrewdness you can make at least 200m. Surely mawinder.. 20m is not enough to purchase a board seat Seems you were ripped off.An friend's uncle of spent a mere 1m and was made chairman of Nzoia sugar. So I assume for the bluechip parastatals the price tag is around 10-20m. Hahhaha ati 1m, so i can also go and be a board member
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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watesh wrote:mawinder wrote:obiero wrote:mawinder wrote:This being Kenya you can also spare 20m and use it to buy a board seat on Kengen, Geothermal or KPA board and depending on your shrewdness you can make at least 200m. Surely mawinder.. 20m is not enough to purchase a board seat Seems you were ripped off.An friend's uncle of spent a mere 1m and was made chairman of Nzoia sugar. So I assume for the bluechip parastatals the price tag is around 10-20m. Hahhaha ati 1m, so i can also go and be a board member Right now the slots are few if any but for those small boards, you needed an MP or senator who is close to Machozi to take you there to present your CV.You would have paid him around 200k-500k depending on his njaa.You also need about 300k-500k to take care of people in Machozi's office eg Farok Kipurse and Myyo to put in a word for you and push. I believe for the bluechip, the cost is way higher.
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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mawinder wrote:watesh wrote:mawinder wrote:obiero wrote:mawinder wrote:This being Kenya you can also spare 20m and use it to buy a board seat on Kengen, Geothermal or KPA board and depending on your shrewdness you can make at least 200m. Surely mawinder.. 20m is not enough to purchase a board seat Seems you were ripped off.An friend's uncle of spent a mere 1m and was made chairman of Nzoia sugar. So I assume for the bluechip parastatals the price tag is around 10-20m. Hahhaha ati 1m, so i can also go and be a board member Right now the slots are few if any but for those small boards, you needed an MP or senator who is close to Machozi to take you there to present your CV.You would have paid him around 200k-500k depending on his njaa.You also need about 300k-500k to take care of people in Machozi's office eg Farok Kipurse and Myyo to put in a word for you and push. I believe for the bluechip, the cost is way higher. Just a glimpse of how lucrative it is. http://www.kengen.co.ke/...&subpage=bogcontent
http://www.sde.co.ke/pul...nds-to-sh4-million-party
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Hypothetical 50m at your disposal. Where would u invest
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