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What to do with 1.5M?
Rank: New-farer Joined: 12/28/2013 Posts: 13
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Hello Wazua. I have 1.5M to invest. I am looking for high returns and willing to take some risk. I can manage to put away another 100k every month. I have access to loan at 5% interest. Where should I put my money? Biacara, property, shamba??Please advise. 
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Rank: Member Joined: 3/26/2012 Posts: 280
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mumias sugar. hope it is not to late. DOH
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Rank: Member Joined: 1/15/2015 Posts: 681 Location: Kenya
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Would tell you to diversify, but 1.5m might be small for that. Anyway, consider property in growing town (bout 600k) and stocks. Start small investment if not very familiar na stocks (that's what I've been doing). Mumias sugar though. ....this is playing with fire and needs caution.
60% Learning, 30% synthesizing, 10% Debating
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Rank: Member Joined: 1/15/2015 Posts: 681 Location: Kenya
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Bachuma Gate wrote:mumias sugar. hope it is not to late. Approach carefully hii...
60% Learning, 30% synthesizing, 10% Debating
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Rank: Elder Joined: 6/23/2009 Posts: 13,551 Location: nairobi
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Baraza wrote:Hello Wazua. I have 1.5M to invest. I am looking for high returns and willing to take some risk. I can manage to put away another 100k every month. I have access to loan at 5% interest. Where should I put my money? Biacara, property, shamba??Please advise. information is power
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 1/4/2015 Posts: 153
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Baraza wrote:Hello Wazua. I have 1.5M to invest. I am looking for high returns and willing to take some risk. I can manage to put away another 100k every month. I have access to loan at 5% interest. Where should I put my money? Biacara, property, shamba??Please advise. Hey there, My suggestion would to diversify..I'm no expert but from wise readings in wazua forums and other sources do not put all your eggs in one basket especially not with the kenyan economy we have.Not too much but not too little.. Maybe buy some bonds with 8%+ return. A nice 6months fixed deposit account. Invest in shares at the NSE. maybe buy some land. Naturally there maybe other ways you can invest which others may tell you better about. I share the little I know. Random Outlook: Bonds - 250,000(8%+) Shares - 250,000 (Varies on your choices and timing) Savings Account - 500,000 (4-4.5% for 6 months & 8-9% for a year) Land - 500,00 (naturally growing or even start a small business if you have the right idea..maybe work with partners) Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam
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Rank: Member Joined: 1/15/2015 Posts: 681 Location: Kenya
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ayushnehra wrote:Baraza wrote:Hello Wazua. I have 1.5M to invest. I am looking for high returns and willing to take some risk. I can manage to put away another 100k every month. I have access to loan at 5% interest. Where should I put my money? Biacara, property, shamba??Please advise. Hey there, My suggestion would to diversify..I'm no expert but from wise readings in wazua forums and other sources do not put all your eggs in one basket especially not with the kenyan economy we have.Not too much but not too little.. Maybe buy some bonds with 8%+ return. A nice 6months fixed deposit account. Invest in shares at the NSE. maybe buy some land. Naturally there maybe other ways you can invest which others may tell you better about. I share the little I know. Random Outlook: Bonds - 250,000(8%+) Shares - 250,000 (Varies on your choices and timing) Savings Account - 500,000 (4-4.5% for 6 months & 8-9% for a year)Land - 500,00 (naturally growing or even start a small business if you have the right idea..maybe work with partners) 'saving Account, at 5-10% per year.' Don't think it's the wisest at the current economic growth.
60% Learning, 30% synthesizing, 10% Debating
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Rank: Member Joined: 1/15/2015 Posts: 681 Location: Kenya
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Thitifini wrote:ayushnehra wrote:Baraza wrote:Hello Wazua. I have 1.5M to invest. I am looking for high returns and willing to take some risk. I can manage to put away another 100k every month. I have access to loan at 5% interest. Where should I put my money? Biacara, property, shamba??Please advise. Hey there, My suggestion would to diversify..I'm no expert but from wise readings in wazua forums and other sources do not put all your eggs in one basket especially not with the kenyan economy we have.Not too much but not too little.. Maybe buy some bonds with 8%+ return. A nice 6months fixed deposit account. Invest in shares at the NSE. maybe buy some land. Naturally there maybe other ways you can invest which others may tell you better about. I share the little I know. Random Outlook: Bonds - 250,000(8%+) Shares - 250,000 (Varies on your choices and timing) Savings Account - 500,000 (4-4.5% for 6 months & 8-9% for a year)Land - 500,00 (naturally growing or even start a small business if you have the right idea..maybe work with partners) 'saving Account, at 5-10% per year.' Don't think it's the wisest at the current economic growth. projected inflation 'might' wipe out any gains.
60% Learning, 30% synthesizing, 10% Debating
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Baraza wrote:Hello Wazua. I have 1.5M to invest. I am looking for high returns and willing to take some risk. I can manage to put away another 100k every month. I have access to loan at 5% interest. Where should I put my money? Biacara, property, shamba??Please advise. If you have no idea where to take the money, do a wedding. Life is short. Live passionately.
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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Baraza wrote:Hello Wazua. I have 1.5M to invest. I am looking for high returns and willing to take some risk. I can manage to put away another 100k every month. I have access to loan at 5% interest. Where should I put my money? Biacara, property, shamba??Please advise. Don't take the loan if unsure where to take the money. Otherwise if you can put aside those to thaos every month, follow the advice of gurus here and build yourself a decent long term stock portfolio. “small step for man”
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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Thitifini wrote:ayushnehra wrote:Baraza wrote:Hello Wazua. I have 1.5M to invest. I am looking for high returns and willing to take some risk. I can manage to put away another 100k every month. I have access to loan at 5% interest. Where should I put my money? Biacara, property, shamba??Please advise. Hey there, My suggestion would to diversify..I'm no expert but from wise readings in wazua forums and other sources do not put all your eggs in one basket especially not with the kenyan economy we have.Not too much but not too little.. Maybe buy some bonds with 8%+ return. A nice 6months fixed deposit account. Invest in shares at the NSE. maybe buy some land. Naturally there maybe other ways you can invest which others may tell you better about. I share the little I know. Random Outlook: Bonds - 250,000(8%+) Shares - 250,000 (Varies on your choices and timing) Savings Account - 500,000 (4-4.5% for 6 months & 8-9% for a year)Land - 500,00 (naturally growing or even start a small business if you have the right idea..maybe work with partners) 'saving Account, at 5-10% per year.' Don't think it's the wisest at the current economic growth. Taking a loan @ 5% p.a + attendant costs AND putting it in a savings account earning (8-9)% p. a vs inflation = Zero sense. “small step for man”
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Rank: Member Joined: 1/15/2015 Posts: 681 Location: Kenya
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sparkly wrote:Baraza wrote:Hello Wazua. I have 1.5M to invest. I am looking for high returns and willing to take some risk. I can manage to put away another 100k every month. I have access to loan at 5% interest. Where should I put my money? Biacara, property, shamba??Please advise. If you have no idea where to take the money, do a wedding. 
60% Learning, 30% synthesizing, 10% Debating
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Rank: New-farer Joined: 8/26/2014 Posts: 63
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Rank: New-farer Joined: 12/28/2013 Posts: 13
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sparkly wrote:Baraza wrote:Hello Wazua. I have 1.5M to invest. I am looking for high returns and willing to take some risk. I can manage to put away another 100k every month. I have access to loan at 5% interest. Where should I put my money? Biacara, property, shamba??Please advise. If you have no idea where to take the money, do a wedding. Im really considering this, funny as it sounds. I have kept the missus waiting for a while now.
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Rank: New-farer Joined: 1/15/2015 Posts: 17
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Rank: New-farer Joined: 8/15/2010 Posts: 99 Location: nairobi
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Baraza wrote:sparkly wrote:Baraza wrote:Hello Wazua. I have 1.5M to invest. I am looking for high returns and willing to take some risk. I can manage to put away another 100k every month. I have access to loan at 5% interest. Where should I put my money? Biacara, property, shamba??Please advise. If you have no idea where to take the money, do a wedding. Im really considering this, funny as it sounds. I have kept the missus waiting for a while now. So you consider a wedding an investment? How do you measure the rate of return? By the frequency of landing ama children borne? Kindly educate us.
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Rank: Member Joined: 1/31/2007 Posts: 26
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smallfama wrote:Baraza wrote:sparkly wrote:Baraza wrote:Hello Wazua. I have 1.5M to invest. I am looking for high returns and willing to take some risk. I can manage to put away another 100k every month. I have access to loan at 5% interest. Where should I put my money? Biacara, property, shamba??Please advise. If you have no idea where to take the money, do a wedding. Im really considering this, funny as it sounds. I have kept the missus waiting for a while now. So you consider a wedding an investment? How do you measure the rate of return? By the frequency of landing ama children borne? Kindly educate us.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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smallfama wrote:Baraza wrote:sparkly wrote:Baraza wrote:Hello Wazua. I have 1.5M to invest. I am looking for high returns and willing to take some risk. I can manage to put away another 100k every month. I have access to loan at 5% interest. Where should I put my money? Biacara, property, shamba??Please advise. If you have no idea where to take the money, do a wedding. Im really considering this, funny as it sounds. I have kept the missus waiting for a while now. So you consider a wedding an investment? How do you measure the rate of return? By the frequency of landing ama children borne? Kindly educate us. ROI = Value of presents received. NB : Apana ita wanjiku kwa harusi. use 250k kutengeza good "mega" friends in a month or two. call them kwa wedding. utapata nyumba,gari,furniture,electronics....e.tc uza some ulipe loan. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 11/7/2007 Posts: 2,182
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Baraza, how is it that you have 1.5M and don't know what to do with? How is that even remotely possible? i find it odd, very odd!! LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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