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Caution doing business with I&M BAnk
Chaka
#21 Posted : Friday, September 18, 2015 9:45:34 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
Bachuma Gate wrote:
Try CIC or Pan African MM fund. Rates above 14%. Compounded monthly.

I believe the compounding is daily because the rates change day to day?
Gordon Gekko
#22 Posted : Sunday, September 20, 2015 12:16:07 AM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
jano wrote:
why lock your money for 2yrs at 9.25% while most fund managers offer much better? like now if you shop around you will get 14-16%p.a for 1m plus

Because I have a mortgage approved by them and the fdr is down payment. The apartment is still under construction. I otherwise keep extra cash with Genghis.
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