What about a guy who borrow 100k from a sacco @ 10% to make 9k without breaking a sweat by buying the treasury bills.

9k ???? thats peanuts ...even per month

@Impunity...that was just an example didn't really mean it.All the same you cannot buy a cow at 20K and sell it at 25K after 12months.Maziwa na watoto je?
Anyway....different strokes,different folks I guess.With 1M I know what I would do for more than 5,800sh a month.

Selah...without getting into details,I run a small business on the side.With a loan of about 400K I have been able to get the biz generating about 30K in net profit per month.It has taken time though & it is not RISK free.
Give 1M to different people & they will do diff things.So nobody is wrong or right here.I just felt 1M for 70K profit in one year can be utilized in other more profitable ways.

@Selah....point taken.Interesting scenario though.
A guy that can pay the 89K/month is unlikely to view 70K/yr as worthy investment income...even when doing "absolutely nothing".

I think you should check the average loss for the last 6 months alone at the NSE and also remember this is an elections year. To be true to ourselves foreigners are the ones who initiate most of the rallies and this year i don't see them coming in but getting out in droves.
The economic environment is not also that promising. I'm totally happy with a 20% return.[/quote

And here is where the true investors are separated from the wannabes. If you look at the market as being down and that foreigners are fleeing, you miss the half full analogy of this being a great buying opportunity. We all know markets are cyclical, so even if they are fleeing, they will be back There is money to be made. I see alot of herd mentality here, Tbills are safe, they are not great. It takes great risk to make great money, why would one want to preserve their capital when they could grow it? (Granted there is a chance of "losing" the capital) A good example, EK has more than doubled in less than a week Granted it is a huge risk coz the comapny may be going to bankruptcy, but no pain no gain. Why in hell would I tie up my money in Tbills for a paltry 3% per month???!!!


http://finance.yahoo.com/q?s=EK&ql=1

Haiya what a challenge..Nabwire give us 5 stocks only and let's c if it works...

[quote=Nabwire]Hisah unfortunately, I am not based in Kenya and the NSE has very limited info BUT I am going to buy KK, KCB & Kengen. Just looking at it from a contrarian investing point of view, these stocks should have decent returns.Granted the NYSE has a more fluid/ greater turnover than the NSE so I realize it could be harder to get decent returns in a short time.Hisah you are a trader, so our time frames are different plus you know the entry/ exit points, alot of your followers dont, lets wait and see.
In other news

http://seekingalpha.com/...of-america?source=yahoo


http://seekingalpha.com/...of-america?source=yahoo[/quote]
Keep queit where you are, in Kenia its erection year and stocks are historically inclined to lose massively in an election year!
T-bill for us Kenians is worthwhile.

If something is selling at 50% off, why would you run away until when it has gained 40%?? Anyways endeleeni na Tbills, I predict only a few like Hisah will actually be net profiters coz I bet most dont know when to jump out and into equities.