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200K to invest,eat or give-away
extrablessed
#1 Posted : Wednesday, November 11, 2009 8:59:00 AM
Rank: Member

Joined: 7/28/2007
Posts: 290
Location: Nairobi
I received some 200K bonus and am really mixed up on how to invest the amount. My objective is to have the amount be X2,X3 or X4 in 5 to 7years in the stocks exchange or in the money markets. Is this expectation realistic? Any specific advice will be appreciated.

Life is worth living cos God planned it to be so.
The Real Shaft
#2 Posted : Wednesday, November 11, 2009 9:03:00 AM
Rank: Veteran

Joined: 11/19/2008
Posts: 839
eat or give away 10%...

invest the 90%...

short term...

try perishables this festive season....

long term..

try stock...


I'm the real Massey F.....shut your mouth
I'm the real Massey Fergu...... Shut your mouth....
extrablessed
#3 Posted : Wednesday, November 11, 2009 9:10:00 AM
Rank: Member

Joined: 7/28/2007
Posts: 290
Location: Nairobi
Any specifics,as in - what perishables? which stocks would yield my expectations at NSE?

Life is worth living cos God planned it to be so.
The Real Shaft
#4 Posted : Wednesday, November 11, 2009 9:13:00 AM
Rank: Veteran

Joined: 11/19/2008
Posts: 839
perishables...

kuku....mbuzi...unga...sukari....cabbages.....etc....

people will eat....

stocks...

biggest bet...

look at your port folio...

and look for the stock that has fallen the most...

buy it..

cost-averaging....


I'm the real Massey F.....shut your mouth
I'm the real Massey Fergu...... Shut your mouth....
Kamaa
#5 Posted : Wednesday, November 11, 2009 9:18:00 AM
Rank: Veteran

Joined: 10/6/2007
Posts: 1,177
Location: Nairobi - Kenya
@ xtrablessed

why don't you give-away all of it....?

i don't know what name we'll call you...!




When you run so fast to get somewhere,you miss the fun of getting there... Life is not a race,so take it slowly....
When you hear what I say, you will not understand. When you see what I do, you will not comprehend
extrablessed
#6 Posted : Wednesday, November 11, 2009 9:49:00 AM
Rank: Member

Joined: 7/28/2007
Posts: 290
Location: Nairobi
@kamaa...cant eat everything or even give away everything.....I may not be that philanthropic. will just eat 5% and give-away 5% and invest the 90% as adviced @TRS.

@TRS,it may be hard to do the perishables' biz esp with my full time job....

Any stock with potential to 2X,3X or 4X in about 5yrs assuming the economy booms?

Actually,i was thinkn....whoever gives the most viable idea...and it works... could get the 5% give-away bit...



Life is worth living cos God planned it to be so.
Pierce
#7 Posted : Wednesday, November 11, 2009 11:04:00 AM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
@ Extra Blessed








Capital
200,000.00


Brokerage fee
4,000.00


Available to invest
196,000.00


Buy KQ tomorrow @ 26: shares
7,538


Sell KQ on 30th March 2010 @ 50
376,923.08


Brokerage fee
7,538.46


Net Proceeds
369,384.62


Net Profit:
169,384.62


% gain
85


Duration
4.5 months


*All figures in Kshs





Pierce
#8 Posted : Wednesday, November 11, 2009 11:04:00 AM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
@ Extra Blessed








Capital
200,000.00


Brokerage fee
4,000.00


Available to invest
196,000.00


Buy KQ tomorrow @ 26: shares
7,538


Sell KQ on 30th March 2010 @ 50
376,923.08


Brokerage fee
7,538.46


Net Proceeds
369,384.62


Net Profit:
169,384.62


% gain
85


Duration
4.5 months


*All figures in Kshs





extrablessed
#9 Posted : Wednesday, November 11, 2009 12:05:00 PM
Rank: Member

Joined: 7/28/2007
Posts: 290
Location: Nairobi
@Pierce: Wow! I was almost tempted to trasfering your 5% professional fees into your account. This deal looks quite enticing... Can we explore other options....!


Life is worth living cos God planned it to be so.
Pierce
#10 Posted : Wednesday, November 11, 2009 12:10:00 PM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
@Extra blessed

This is the only stock I can talk abou since I follow it closely.

I'm sure you are able to verify this independently,

Share price: last week of September 2009: Kes 20.00

Price today: 26

I advised a pal to buy @ 20,they bought..................and today they called me to say thank you




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