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100,000 TO INVEST EVERY MONTH
Thermostatic Investor
#1 Posted : Tuesday, July 17, 2012 11:11:35 AM
Rank: New-farer


Joined: 8/18/2011
Posts: 44
I need advice, seriously. If you had Kes. 100,000 to invest every month, where would you invest it?Think
yaserbigchair
#2 Posted : Tuesday, July 17, 2012 12:44:17 PM
Rank: Member


Joined: 7/19/2006
Posts: 113
Location: Mombasa
@Thermostatic, I would refer you to my post.

stocks to BUY by yaserbigchair.

you are welcome there.smile
Sound that I love most: Is the ringing bell of Stock Market.
Thermostatic Investor
#3 Posted : Tuesday, July 17, 2012 3:56:31 PM
Rank: New-farer


Joined: 8/18/2011
Posts: 44
@yaserbigchair, I am not feeling like Stocks - I have burnt my fingers quite a bit on some counters (classic example is Access Kenya!). What/where else besides Stocks??
kaka2za
#4 Posted : Tuesday, July 17, 2012 5:05:02 PM
Rank: Elder


Joined: 10/3/2008
Posts: 4,057
Location: Gwitu
Try Money market fund.Amana Capital interest is over 17%.
Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
guru267
#5 Posted : Tuesday, July 17, 2012 9:38:07 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
kaka2za wrote:
Try Money market fund.Amana Capital interest is over 17%.


And fees??
Mark 12:29
Deuteronomy 4:16
sparkly
#6 Posted : Wednesday, July 18, 2012 7:33:16 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Thermostatic Investor wrote:
@yaserbigchair, I am not feeling like Stocks - I have burnt my fingers quite a bit on some counters (classic example is Access Kenya!). What/where else besides Stocks??


Fixed deposit account, t-bills, unit trusts, real estate.
Life is short. Live passionately.
Ilikeyou
#7 Posted : Wednesday, July 18, 2012 8:11:34 AM
Rank: Member


Joined: 11/21/2007
Posts: 152
Location: Nairobi
If you appetite for risk is low, put the money TB and continually earn interest.
Auctions are done weekly so you can participate monthly instead.
yaserbigchair
#8 Posted : Wednesday, July 18, 2012 8:38:53 AM
Rank: Member


Joined: 7/19/2006
Posts: 113
Location: Mombasa
Ok, sorry for that but even after you get burnt look for a fireproof Stock and invest there for long term return.

Or investing in outside stock is business.

1. Open an M-Pesa outlet this happens to have nice returns with time.

2. Open a small shop selling original phones but those which are pocket friendly for the over 3.5Million fake phones holders who are going to be switted off, the akina "Mark Juma Mtambo"Laughing out loudly

3.If you know people who own houses and you are in good terms with them over trustworthiness then don't hesitate to open a Rent collection agency by employing some of you friends or relative.

I hope this will help you,but if you have anything in mind then share it with us for advice.

take care.
Sound that I love most: Is the ringing bell of Stock Market.
Thermostatic Investor
#9 Posted : Wednesday, July 18, 2012 11:24:51 AM
Rank: New-farer


Joined: 8/18/2011
Posts: 44
@sparkly, you are now talking, but could you be a little bit tight on the specifics, your recommendation is a bit too general.
Fixed Deposit Account and Unit Trusts- Where and at what rate?

Also some elaboration on real estate please.

@yaserbigchair,not interested in Business (driven by a belief that you need to invest time in managing the same) and that is a very scarce resource for me. Add to this general lack of trust for relatives to help where money is involved.
Horton
#10 Posted : Wednesday, July 18, 2012 11:38:19 AM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Can u raise about 4metres give or take?I have a friend who deals in property in the uk; the company he works for, guarantees 10% net rental yield. email hortoncapital@gmail.com and I shall put u intouch
kaifastus
#11 Posted : Wednesday, July 18, 2012 11:46:03 AM
Rank: Member


Joined: 8/17/2011
Posts: 207
Location: humu humu
YBC had some gud advice..but if you are in employment,risk averse go for tbills. I don't trust unit trusts..some investor was shortchanged with 91 milli.
yaserbigchair
#12 Posted : Wednesday, July 18, 2012 11:52:10 AM
Rank: Member


Joined: 7/19/2006
Posts: 113
Location: Mombasa
If you will need the cash in not more than 3 months theb T-Bills is the way, considering that the Interest Rate went down so will Depositors Rate.

Don't go Fixed!
Sound that I love most: Is the ringing bell of Stock Market.
jano
#13 Posted : Wednesday, July 18, 2012 11:58:46 AM
Rank: New-farer


Joined: 7/12/2011
Posts: 57
Location: nairobi
if u are interested in money market you can give ua email i give some info
Thermostatic Investor
#14 Posted : Wednesday, July 18, 2012 12:09:11 PM
Rank: New-farer


Joined: 8/18/2011
Posts: 44
@jano, inbox at ansietaminyori2@gmail.com
Thermostatic Investor
#15 Posted : Wednesday, July 18, 2012 12:18:46 PM
Rank: New-farer


Joined: 8/18/2011
Posts: 44
@Horton, no i cannot raise that amount of money. My thread is about how and where to invest 100K on a monthly basis.This is income from gainful employment.
Horton
#16 Posted : Wednesday, July 18, 2012 5:18:46 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
@ Thermostatic. "invest 100k on a monthly basis. Quite a broad spectrum then

1. Interest rates are on the down now so. And besides, for 100k every month, the rates might be as low as 6-11%
2. T-BILLS -not so sure coz these do get taxed and rates are being anhialated pole pole
3. Impersonally don't like mutual funds; however, I have a friend who is a financial consultant(CFA) and deals with a mixture of. Friends provident etc which he manages and claims to have faired pretty good. He is at Sarit centre PFP financial services. Give him a call see what he has to say. (020)3743585
4. Pick up cheap land every 2 months perhaps towards Kisaju? Hold and dump in a few months
5. Stocks- I read u don't like them but some of us here, like myself have been doing this for 11years since I was 17 so it can't all be bad. I'm sure there soo many guys (gals) who have done this stock market thing for way longer, much more profitably than I have but, generally, in the long term it has been good to me. I use it as a place to save funds and then when it's sizable, put it on a property. Do ur homework and buy companies that are a sure thing. Personally, I try not to get into companies that require " bailouts" from share holders too often(read rights issue) again my opinion, but this has worked well. Buy stallworths like EABL, , CARB that have great dividend yields, low issues shares, High net margins.
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