I suggest you do your research first; having been out of the country you should have a new eye on things, new ideas. If you know not what to do with your money, others will.

if u would like property, pls sample http://itradekenya.co.ke...tsforsale&Itemid=61
they have affordable bargains....nafmuma@yahoo.com for mo details...

I want to imagine that you are still keeping that job or atleast you are stil in employment and are not looking at dipping your fingers in the 4.8M pocket.
Having said that, know your strengths and if you have never done stocks, you might find it advisable to engage a Financial advisor, otherwise if you take the plunge in the Stocks market blindly, you might as well find sharks you will really feed on you!
You talked about a plot or so in Kitengela. You need to atleast put in something in real estate. It's not a question of if but when!
The demand for land and housing in the lower end of the market is still not fully met keeping in mind, between the mid 80's to the early 2000s, there was no clear Housing policy and so for about 15 to 20 years, the demand exceeded the supply.
This is what property developers have been trying to satisfy since the 2004 to date!

@Pablo,

Something does not add up with your suggestion. How do you get loan repayment of 200k? The repayment for 20 units would be in excess of Kshs 1.0m assuming each unit is Kshs 4.0m and I am not sure S&L would be comfortable with the proposed gearing.

Remember this is all he has... so he has to get a plot from there.... may be he would have to reduce the number of apartments he can build then.


If it were me, i would explore the Longonot Gates and put in the 2m and forget... i am sure this will appreciate in no time. the other 2m i would assume is all i came back with and squeeze in my needs, eg,

1. how much does that lorry ya mchanga cost? I think the sand business is doing pretty well... you could explore that. You can even get financing from NIC (i hear they are the best in asset financing - dunno!)

2. I could also explore purchase of the "excavators" (check financing too coz you dont want to empty everything you have... you can use 1m as deposit and get financing for the rest)... i dont know if that's what you call those tractors that remove the soil before constructing - this is big business around Kite and Syoki coz of the cotton soil...

3. Assuming you do the longonot and 1 or 2 above, you still have 1m for a rainy day... you can decide to pay off some school (reasonably priced but good and take us extra couching at home), when the money starts coming in, move them to a better school... Make sure at this time you remain on budget eg in housing, lifestyle and all until things pick up.

4. Avoid putting all your money in one place at the moment.... if the it goes burst, you would really get hurt... Assuming 1 or 2 goes burst, then you still have your longonot to sell or whatever other property you would have acquired.

But thats me...