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120,000 what to invest in
Rank: Elder Joined: 11/7/2007 Posts: 2,182
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my guy, have u ever thought of a kerosend pump in kangemi? I once saw the residents queue 4 kerosene at total. LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Rank: Chief Joined: 8/24/2009 Posts: 5,909 Location: Nairobi
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kyt wrote:@ non, scbk, was 202, exit 305. Thats it april to august 5th. 50% bas hakuna jambo ingine. @Kyt..my point exactly, how did you forsee the rise, ama ni gambling? which i doubt is the correct way to invest 
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Rank: Member Joined: 6/21/2010 Posts: 119 Location: Nairobi
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With 120k, you can rent a cheap main house in the outskirts of Nairobi, say Njiru, Ngong, Mwiki and start hatching eggs using an electric incubator and selling and rearing chicken. Alternatively, you can buy and sell 2nd hand household/office appliances. You can also rent an empty plot in the outskirts and start farming (I'm thinking of green house farming).
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Rank: Elder Joined: 11/19/2008 Posts: 1,267
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Good ideas these are. I like the pump and chicken ideas .Keep them coming. Stocks are good and sweet only when going upwards .....wait when there is a reverse gear....blood pressure and heart related diseases and sudden mysterious deaths come in plenty.....especially if you had put all your fortunes in shares....If you are faint hearted ...don't go for shares my son /daughter A small business outside Nairobi or in Nairobi slum or lower class estate(where there is a ready market for small economy items ) is the way to go Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
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Rank: Elder Joined: 11/7/2007 Posts: 2,182
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nostoppingthis wrote:kyt wrote:@ non, scbk, was 202, exit 305. Thats it april to august 5th. 50% bas hakuna jambo ingine. @Kyt..my point exactly, how did you forsee the rise, ama ni gambling? which i doubt is the correct way to invest financials are a good bet anytime. Historical data. And of course some bit of gambling. Eapcc% rea vipingo, i gamble with them all the time.115-124,17-19.  LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Rank: Member Joined: 5/28/2010 Posts: 151
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nostoppingthis wrote:kyt wrote:@ non, scbk, was 202, exit 305. Thats it april to august 5th. 50% bas hakuna jambo ingine. @Kyt..my point exactly, how did you forsee the rise, ama ni gambling? which i doubt is the correct way to invest Nonstop....U r just like me. Have been in stocks since 2007 lakini hakuna kitu ya maana nimeoneya hapo!!  .I tried trading every now and again,going in and out lakini all I made is very little not even worth all the headache.What I have learned out of ALL this is to sellect some good company that are doing good business in the market (DTK,CMC,Bamburi,STANBIC,may be S.Com, KPLC..ETC)don't start wasting ur time in those funny ratios the accountants talk about.Just look for companies that are doing good and will not go belly up in the next say 15Years.Invest in them and forget for sometime say 3-4-6-7 Years.(Lakini just follow up the NSE polepole usije kupitwa na something important). Alafu come and tell me after those years (During the years to come there will be some rights issue, bonus issue,new branches openned by the company,new products introduced,share price appreciation due to reasons you dont understand etc). If u keep on listening to akina Kyt..they'll only drive you crazy...Most of the people here make money as u said..."ama ni gambling".. Yaani by luck. Ukiwa na patience you'll obviously make money..i bought Bamburi in 06.sept2007 at 204.00.The share performed very bad and after listening to SK Comments u feel like selling at a loss.lakini I said since this is a cool company I wont listen to no one just hold it till end of time ..na sasa the price is 212 and if u take the dividends into consideration my cost @share is 186.00. I am currently not into stocks sana but Real Estate.. Ni Uhuru wa Mbesha...Niguo kana tiguo?
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Rank: Member Joined: 9/14/2010 Posts: 106
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Have been an ardent follower of wazua forums but just recently joined. Thinking the chicken idea is a good one,just make sure you have a good n ready market(or create one if you have none)lest you eat chicken breakfast,lunch n supper for sometime. The early worm, is the one caught by the early bird.........
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Rank: Hello Joined: 9/22/2010 Posts: 5 Location: Nairobi
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Thanks guys for you advices. After thorough consulitation, i have decided to include a friend of mine to pump up the capital. But could somebody tell me of the charges associated with liquor license.
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Rank: Member Joined: 1/24/2008 Posts: 479
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richsisco wrote:Thanks guys for you advices. After thorough consulitation, i have decided to include a friend of mine to pump up the capital. But could somebody tell me of the charges associated with liquor license. so what did u decide on??a bar and mututho laws in place will surely fry you Every man is guilty of all the good he didn't do-
Voltaire
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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cmk wrote:richsisco wrote:Thanks guys for you advices. After thorough consulitation, i have decided to include a friend of mine to pump up the capital. But could somebody tell me of the charges associated with liquor license. so what did u decide on??a bar and mututho laws in place will surely fry you Have mercy on him, if that is where his interest is then y-not. All one needs to succeed in anything in life is passion and the rest as they say will follow. “small step for man”
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Rank: Veteran Joined: 11/29/2007 Posts: 948
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richsisco wrote:Thanks guys for you advices. After thorough consulitation, i have decided to include a friend of mine to pump up the capital. But could somebody tell me of the charges associated with liquor license. so you opened up shop in Banana?
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Rank: Member Joined: 7/5/2008 Posts: 390
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wanyuru wrote:richsisco wrote:Thanks guys for you advices. After thorough consulitation, i have decided to include a friend of mine to pump up the capital. But could somebody tell me of the charges associated with liquor license. so you opened up shop in Banana? not so fast!
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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Fundaah wrote:120K is alot of money.Due to my religious inclination...I wont advise you to open a pub.....Infact I encourage people to stop drinking..... But ....here are some Ideas for you.... 1.Start small business in one of Nairobis slums.Eg cooking Mandazis and supplying them in Kiosks, shops and supermarkets in the slum. I know A guy who started so and now he has a car.He infact started with less than 20K. 2.With decentralisation about to happen due to the new constitution Start a business e.g selling plastic utensils, basins , buckets etc in upcountry trading centre. establish a good relationship with suppliers and you will get credit terms with them in due course. 3.If you are a man start Buying cattle cows ,sheep & goats and selling then during market days. 4.Get a stall in Gikomba Market and start a second hand cloth business. 5.Buy a blender (2-3K) start selling Juice in densely populated areas such as slums .Combine with a popcorn machine about 20k Juakali model. 6.Get connection in slums ....look for someone selling a plot there be careful not to be conned.....build mabati houses and you become a landlord......No sweat though risky. 120k ni nyingi sana if you are a hustler .All the best . There are so many ideas . This is excellent and very encouraging! It is good to know that there are still optimistic guys out there. I like this!!
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Rank: Hello Joined: 12/15/2010 Posts: 4 Location: Kenya
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I agree 120K is good money. Invest in simple ventures as above. These simple ideas, DO make money. And with the power of compounding you could easly double your money in a couple of months.
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Rank: Member Joined: 7/9/2011 Posts: 730 Location: Nairobi
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hi my.002 you dint disclose your situation do u have a day job hence are going to do this project part time or is it your 'day job'. If i were you I would consider mpesa too depending on which part of the country you are our goals are best achieved indirectly
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Rank: Member Joined: 7/20/2011 Posts: 161 Location: nairobi
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just wondering bout investing in stocks as suggested by some wazuans. say you do as advocated and buy safcom shares at current prices...you would have 34000 shares. if you sold them at 4 bob as suggested ...you would make slightly ess than 17000. now how long would you wait for it go up to 4 bob. 2. are you certain the price will not go down? 3. 17k.......from 120k after Godknows how long.....is it worth it? Patience. You cannot have a baby in one month by impregnating nine women....
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Rank: Member Joined: 11/15/2010 Posts: 454 Location: Nairobi
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icecube wrote:Fundaah wrote:120K is alot of money.Due to my religious inclination...I wont advise you to open a pub.....Infact I encourage people to stop drinking..... But ....here are some Ideas for you.... 1.Start small business in one of Nairobis slums.Eg cooking Mandazis and supplying them in Kiosks, shops and supermarkets in the slum. I know A guy who started so and now he has a car.He infact started with less than 20K. 2.With decentralisation about to happen due to the new constitution Start a business e.g selling plastic utensils, basins , buckets etc in upcountry trading centre. establish a good relationship with suppliers and you will get credit terms with them in due course. 3.If you are a man start Buying cattle cows ,sheep & goats and selling then during market days. 4.Get a stall in Gikomba Market and start a second hand cloth business. 5.Buy a blender (2-3K) start selling Juice in densely populated areas such as slums .Combine with a popcorn machine about 20k Juakali model. 6.Get connection in slums ....look for someone selling a plot there be careful not to be conned.....build mabati houses and you become a landlord......No sweat though risky. 120k ni nyingi sana if you are a hustler .All the best . There are so many ideas . This is excellent and very encouraging! It is good to know that there are still optimistic guys out there. I like this!!   ....He who began a good work in you will carry it on to completion..
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Fundaah wrote:120K is alot of money.Due to my religious inclination...I wont advise you to open a pub.....Infact I encourage people to stop drinking..... But ....here are some Ideas for you.... 1.Start small business in one of Nairobis slums.Eg cooking Mandazis and supplying them in Kiosks, shops and supermarkets in the slum. I know A guy who started so and now he has a car.He infact started with less than 20K. 2.With decentralisation about to happen due to the new constitution Start a business e.g selling plastic utensils, basins , buckets etc in upcountry trading centre. establish a good relationship with suppliers and you will get credit terms with them in due course. 3.If you are a man start Buying cattle cows ,sheep & goats and selling then during market days.4.Get a stall in Gikomba Market and start a second hand cloth business. 5.Buy a blender (2-3K) start selling Juice in densely populated areas such as slums .Combine with a popcorn machine about 20k Juakali model. 6.Get connection in slums ....look for someone selling a plot there be careful not to be conned.....build mabati houses and you become a landlord......No sweat though risky. 120k ni nyingi sana if you are a hustler .All the best . There are so many ideas . Please shed some light on how one would go about doing this. A total novice, where to buy the cattle, how to transport them, where to sell them.. and how to 'thank' you
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Rank: Member Joined: 3/11/2009 Posts: 38
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Fundaah wrote:120K is alot of money.Due to my religious inclination...I wont advise you to open a pub.....Infact I encourage people to stop drinking..... But ....here are some Ideas for you.... 1.Start small business in one of Nairobis slums.Eg cooking Mandazis and supplying them in Kiosks, shops and supermarkets in the slum. I know A guy who started so and now he has a car.He infact started with less than 20K. 2.With decentralisation about to happen due to the new constitution Start a business e.g selling plastic utensils, basins , buckets etc in upcountry trading centre. establish a good relationship with suppliers and you will get credit terms with them in due course. 3.If you are a man start Buying cattle cows ,sheep & goats and selling then during market days. 4.Get a stall in Gikomba Market and start a second hand cloth business. 5.Buy a blender (2-3K) start selling Juice in densely populated areas such as slums .Combine with a popcorn machine about 20k Juakali model. 6.Get connection in slums ....look for someone selling a plot there be careful not to be conned.....build mabati houses and you become a landlord......No sweat though risky. 120k ni nyingi sana if you are a hustler .All the best . There are so many ideas . I like this; very bright and eye opening. It's good advice on starting with what you have. A traveler in ancient Greece, the story goes, met an old man walking along the road and asked him how to get to Mount Olympus. The old man, who turned out to be Socrates, replied: "Just make sure that every step you take is in that direction." Possession of material riches, without inner peace, is like dying of thirst while bathing in a lake.
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Rank: Member Joined: 3/30/2010 Posts: 176
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Toshi wrote:[quote=Fundaah][size=9]
I like this; very bright and eye opening. It's good advice on starting with what you have.
A traveler in ancient Greece, the story goes, met an old man walking along the road and asked him how to get to Mount Olympus. The old man, who turned out to be Socrates, replied: "Just make sure that every step you take is in that direction." This I like.
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