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Cytonn Investments
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KulaRaha
#211 Posted : Friday, May 20, 2016 8:18:06 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
18% on a 3 month deposit? Madness in a market where t bill hovers at 8.5%.
Business opportunities are like buses,there's always another one coming
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maka
#212 Posted : Friday, May 20, 2016 10:05:44 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
KulaRaha wrote:
18% on a 3 month deposit? Madness in a market where t bill hovers at 8.5%.


They will go down to 13% if they are not already there...Something is not adding up.
possunt quia posse videntur
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deadpoet
#213 Posted : Friday, May 20, 2016 10:06:21 AM
Rank: Member

Joined: 9/27/2006
Posts: 506
KulaRaha wrote:
18% on a 3 month deposit? Madness in a market where t bill hovers at 8.5%.


It is 18% per annum
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washiku
#214 Posted : Sunday, May 22, 2016 1:36:53 AM
Rank: Chief

Joined: 5/9/2007
Posts: 13,095
Gatheuzi wrote:
Horton wrote:
Gatheuzi wrote:
whiteowl wrote:
KulaRaha wrote:
Watch this thread. There will be many guys who lose their money to this scheme.

remember I said it here.


I'm watching from the sidelines too.If anyone wants above market rates they should go into business or tenderpreneurship.

Madoff may be in jail but his schemes are here to stay. For those who value their sleep please stay away.


How is this madoff?? Are there any concrete facts u claim or u just hating?

This is a good product/company. They work hard and deliver. They havent failed on any of the deliverables thus far. I, unlike you, are talking from first hand experience not from rumours. Then again sophistacated investments aren't for everyone as the regulators say. So yeah, stay away smile

So according to @Horton if you are not with Cytonn you are not "sophisticated" 😂 and according to Cytonn if you are not with them, you are not "smart"😎, enough said.


Sharp* is the word.smile
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Swenani
#215 Posted : Monday, May 23, 2016 10:13:28 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Yes,their returns do not make sense but invest with them for the time being by the time the pyramid crumbles(if it's a pyramid)you will be in another pyramid scheme enjoying even better returns.
If Obiero did it, Who Am I?
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MadDoc
#216 Posted : Monday, May 23, 2016 11:09:22 AM
Rank: Member

Joined: 10/26/2015
Posts: 151
Swenani wrote:
Yes,their returns do not make sense but invest with them for the time being by the time the pyramid crumbles(if it's a pyramid)you will be in another pyramid scheme enjoying even better returns.


This is how people get burnt. Trying to con the con
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Swenani
#217 Posted : Monday, May 23, 2016 11:24:34 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
MadDoc wrote:
Swenani wrote:
Yes,their returns do not make sense but invest with them for the time being by the time the pyramid crumbles(if it's a pyramid)you will be in another pyramid scheme enjoying even better returns.


This is how people get burnt. Trying to con the con


If Cytonn is a pyramid scheme, the earliest it can collapse is late 2017 if they aren't investing in anything but considering that they are at least investing some of their money, the collapse will not happen soon.

Be sharp not smart!
If Obiero did it, Who Am I?
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MadDoc
#218 Posted : Monday, May 23, 2016 11:55:03 AM
Rank: Member

Joined: 10/26/2015
Posts: 151
Swenani wrote:
MadDoc wrote:
Swenani wrote:
Yes,their returns do not make sense but invest with them for the time being by the time the pyramid crumbles(if it's a pyramid)you will be in another pyramid scheme enjoying even better returns.


This is how people get burnt. Trying to con the con


If Cytonn is a pyramid scheme, the earliest it can collapse is late 2017 if they aren't investing in anything but considering that they are at least investing some of their money, the collapse will not happen soon.

Be sharp not smart!

A bad investment is a bad investment. I'll stick to that mantra.
I don't play smart or sharp.I play cautious. If something don't smell right,I wouldn't dare taste it
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KenyanEconomist
#219 Posted : Monday, May 23, 2016 12:49:46 PM
Rank: New-farer

Joined: 5/7/2014
Posts: 40
Swenani wrote:
Yes,their returns do not make sense but invest with them for the time being by the time the pyramid crumbles(if it's a pyramid)you will be in another pyramid scheme enjoying even better returns.


Famous last words!
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mkenyan
#220 Posted : Monday, May 23, 2016 4:43:05 PM
Rank: Veteran

Joined: 4/1/2009
Posts: 1,885
KenyanEconomist wrote:
Swenani wrote:
Yes,their returns do not make sense but invest with them for the time being by the time the pyramid crumbles(if it's a pyramid)you will be in another pyramid scheme enjoying even better returns.


Famous last words!

there was a wazuan who tried that. i think it was in that forex thing of limuru. it never ended well.
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