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What can you do with 500k cash when in a 8-5 Job?
Rank: Member Joined: 5/8/2007 Posts: 709
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ChumsQuest wrote:Omena wrote:TheInvestor_aliyekua_Ticha wrote: Depending on your age, invest it in an appreciating asset like land. If you start any of these small biasharas of car hire, matatu, forex, photocopy etc, which you may not be experienced in; in under 2 years that money will all be gone somehow. Starting a business with (probably) your first loan, will help you lose focus on the goose (your JOB) that is currently laying the eggs. Be patient, and you will sell that land 7-10 years later to buy your first house in cash, with change to spare. Omena, shamba ya 500k atapata wapi mzuri? Pande gani mzuri at this point kwasababu they're all like in the millions? I'm looking for advise too.. Wouldnt it be better if you could purchase lets say 2 or 3 acres in your rural area and do farming or let it just lie there idle for some years...
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Invest in a Second Degree. Soma Kijana, the fruits of education are underrated. Life is short. Live passionately.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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ChumsQuest wrote:Omena wrote:TheInvestor_aliyekua_Ticha wrote: Depending on your age, invest it in an appreciating asset like land. If you start any of these small biasharas of car hire, matatu, forex, photocopy etc, which you may not be experienced in; in under 2 years that money will all be gone somehow. Starting a business with (probably) your first loan, will help you lose focus on the goose (your JOB) that is currently laying the eggs. Be patient, and you will sell that land 7-10 years later to buy your first house in cash, with change to spare. Omena, shamba ya 500k atapata wapi mzuri? Pande gani mzuri at this point kwasababu they're all like in the millions? I'm looking for advise too.. Narok... possunt quia posse videntur
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Rank: New-farer Joined: 4/12/2014 Posts: 36
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ChumsQuest wrote:Omena wrote:TheInvestor_aliyekua_Ticha wrote:What can you do with 500k interest free cash when you are in a 8-5 Job?What can you do with 500k interest free-like cash when you are in a 8-5 Job where doing business is illegal, plus you are expected to drive to workproximity   Depending on your age, invest it in an appreciating asset like land. If you start any of these small biasharas of car hire, matatu, forex, photocopy etc, which you may not be experienced in; in under 2 years that money will all be gone somehow. Starting a business with (probably) your first loan, will help you lose focus on the goose (your JOB) that is currently laying the eggs. Be patient, and you will sell that land 7-10 years later to buy your first house in cash, with change to spare. Omena, shamba ya 500k atapata wapi mzuri? Pande gani mzuri at this point kwasababu they're all like in the millions? I'm looking for advise too.. I would vouch for Isinya/Kajiado. The deeper inside the larger and the cheaper. Budget for fencing and a proper search for good measure. Ask for the master plan too so you are not too far off from future action.... then wait. You can think of farming, greenhouses, leasing etc bcoz of market proximity. but the game plan is to sell and buy a digz cash in 7-10 yrs. It’s what you learn after you think you know it all that counts.
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Rank: Member Joined: 10/19/2009 Posts: 671 Location: Nairobi
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sparkly wrote:Invest in a Second Degree. Soma Kijana, the fruits of education are underrated. Nice way of looking at it..  .
Life is joy, death is peace, but the transition is very difficult.
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Rank: Member Joined: 1/15/2010 Posts: 625
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webish wrote:sparkly wrote:Invest in a Second Degree. Soma Kijana, the fruits of education are underrated. Nice way of looking at it.. . triple thumbs up
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Rank: Member Joined: 1/24/2013 Posts: 325
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Omena wrote:ChumsQuest wrote:Omena wrote:TheInvestor_aliyekua_Ticha wrote:What can you do with 500k interest free cash when you are in a 8-5 Job?What can you do with 500k interest free-like cash when you are in a 8-5 Job where doing business is illegal, plus you are expected to drive to workproximity Depending on your age, invest it in an appreciating asset like land. If you start any of these small biasharas of car hire, matatu, forex, photocopy etc, which you may not be experienced in; in under 2 years that money will all be gone somehow. Starting a business with (probably) your first loan, will help you lose focus on the goose (your JOB) that is currently laying the eggs. Be patient, and you will sell that land 7-10 years later to buy your first house in cash, with change to spare. Omena, shamba ya 500k atapata wapi mzuri? Pande gani mzuri at this point kwasababu they're all like in the millions? I'm looking for advise too.. I would vouch for Isinya/Kajiado. The deeper inside the larger and the cheaper. Budget for fencing and a proper search for good measure. Ask for the master plan too so you are not too far off from future action.... then wait. You can think of farming, greenhouses, leasing etc bcoz of market proximity. but the game plan is to sell and buy a digz cash in 7-10 yrs. Thank you. How much are they going for? Approx from 1/8, acre?
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Rank: Member Joined: 1/24/2013 Posts: 325
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maka wrote:ChumsQuest wrote:Omena wrote:TheInvestor_aliyekua_Ticha wrote: Depending on your age, invest it in an appreciating asset like land. If you start any of these small biasharas of car hire, matatu, forex, photocopy etc, which you may not be experienced in; in under 2 years that money will all be gone somehow. Starting a business with (probably) your first loan, will help you lose focus on the goose (your JOB) that is currently laying the eggs. Be patient, and you will sell that land 7-10 years later to buy your first house in cash, with change to spare. Omena, shamba ya 500k atapata wapi mzuri? Pande gani mzuri at this point kwasababu they're all like in the millions? I'm looking for advise too.. Narok... Thank you Maka, leads? How much are they going for bila kugongwa?
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Rank: New-farer Joined: 1/15/2013 Posts: 10
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Great Insights Everyone. Much Appreciated. The farming part sounds enticing, will do some research. I'm not a school type of guy, for now one degree will do. Split: 50/50: Farming/Stocks If execution fails, I might as well buy a car to assist me in my sales job like someone else suggested instead of doing cabs Opportunity Knocks Once; Temptation sleeps on the door bell
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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TheInvestor_aliyekua_Ticha wrote:Great Insights Everyone. Much Appreciated.
The farming part sounds enticing, will do some research. I'm not a school type of guy, for now one degree will do.
Split: 50/50: Farming/Stocks
If execution fails, I might as well buy a car to assist me in my sales job like someone else suggested instead of doing cabs @ The.......aaai shorten your name please 'the longer the name the more your problems' Haha on light note. Okay hybrid is fine and remember when choosing the stocks take advice from wazuans but BUY what you understand to match your returns and timeline Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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