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Where do i invest some 200K i have?
Rank: New-farer Joined: 6/24/2013 Posts: 18
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Any ideas on where to put 200K for a more reasonable return than the 12% p.a (Fixed deposit a/c) i got from some bank?
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Rank: Member Joined: 4/6/2010 Posts: 741 Location: Nairobi
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Learner wrote:Any ideas on where to put 200K for a more reasonable return than the 12% p.a (Fixed deposit a/c) i got from some bank?
I am looking for an investor for my farming project. I would like to venture into Passion fruit farming. The returns are very high. I have the land all I need is the investment. Passion fruits take about 7-8 months to mature and after that we can get returns of about 50,000 bob per week for about 6 weeks. We can work out a deal on how to ensure that you get full return on your investment and how to share the profits thereafter. chepkel25@gmail.com is my email
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Learner wrote:Any ideas on where to put 200K for a more reasonable return than the 12% p.a (Fixed deposit a/c) i got from some bank?
In this day and time, which bank is giving you 12% and what tenor are we talking about here
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Rank: New-farer Joined: 6/24/2013 Posts: 18
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mwekez@ji wrote:Learner wrote:Any ideas on where to put 200K for a more reasonable return than the 12% p.a (Fixed deposit a/c) i got from some bank?
In this day and time, which bank is giving you 12% and what tenor are we talking about here Not really a bank but Faulu. Clarify 'Tenor' please
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Learner wrote:mwekez@ji wrote:Learner wrote:Any ideas on where to put 200K for a more reasonable return than the 12% p.a (Fixed deposit a/c) i got from some bank?
In this day and time, which bank is giving you 12% and what tenor are we talking about here Not really a bank but Faulu. Clarify 'Tenor' please By tenor i meant the duration one has to place the deposit to be eligible for the interest rate of 12% (e.g. 1 mth, 3,6, 12, etc) On Faulu, this 12% started a while back when TBill rates were about that level. Today, TBill rates have significantly dropped. Are you sure that Faulu hasnt lowered its FDR interest rate in line with the market?
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Rank: New-farer Joined: 6/24/2013 Posts: 18
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mwekez@ji wrote:Learner wrote:mwekez@ji wrote:Learner wrote:Any ideas on where to put 200K for a more reasonable return than the 12% p.a (Fixed deposit a/c) i got from some bank?
In this day and time, which bank is giving you 12% and what tenor are we talking about here Not really a bank but Faulu. Clarify 'Tenor' please By tenor i meant the duration one has to place the deposit to be eligible for the interest rate of 12% (e.g. 1 mth, 3,6, 12, etc) On Faulu, this 12% started a while back when TBill rates were about that level. Today, TBill rates have significantly dropped. Are you sure that Faulu hasnt lowered its FDR interest rate in line with the market? They gave me that rate like 2 weeks ago and the rate was if i deposit 200k for a 1 year period.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Learner wrote:mwekez@ji wrote:Learner wrote:mwekez@ji wrote:Learner wrote:Any ideas on where to put 200K for a more reasonable return than the 12% p.a (Fixed deposit a/c) i got from some bank?
In this day and time, which bank is giving you 12% and what tenor are we talking about here Not really a bank but Faulu. Clarify 'Tenor' please By tenor i meant the duration one has to place the deposit to be eligible for the interest rate of 12% (e.g. 1 mth, 3,6, 12, etc) On Faulu, this 12% started a while back when TBill rates were about that level. Today, TBill rates have significantly dropped. Are you sure that Faulu hasnt lowered its FDR interest rate in line with the market? They gave me that rate like 2 weeks ago and the rate was if i deposit 200k for a 1 year period. #Interesting #Good rate you got there for an FDR of 1 year since government is paying 8.141% for that tenor and the government rate is on the decline. @Banker, et al, why is Faulu picking FDRs at far higher rates than the market? iko shida faulu??
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Rank: New-farer Joined: 6/24/2013 Posts: 18
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Any advise about my problem though?
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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@Learner, stocks if you can take the risk. Check KenyaRe, CFC ... if market continues to take a dip, look at EquityBank, HFCK
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Rank: Member Joined: 10/19/2009 Posts: 671 Location: Nairobi
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Learner wrote:Any advise about my problem though? Is your's really a problem?  Well, depends of how you look at it. Anyway, I would personally buy LAND. Shamba yani. Some 1/8ths in Kajiado where rates are not yet past 100K. Or even deeper, for an acre. There's good pieces those sides.
Life is joy, death is peace, but the transition is very difficult.
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Rank: New-farer Joined: 6/24/2013 Posts: 18
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@webish
It's a problem when i have had the money for only a week and i have spend 20K already(Remaining with 200k roughly).
About the land, is it as 'liquid' on those sides?
@mwekez@ji
I have never done stocks but with enough knowledge i can try them
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Rank: Member Joined: 5/22/2009 Posts: 206
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@Learner, I can offer you a return of 25% p.a if you would consider investing in my company that deals with electrical installations, specifically for a NSE-listed bluechip company.
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Rank: New-farer Joined: 6/24/2013 Posts: 18
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TNT wrote:@Learner, I can offer you a return of 25% p.a if you would consider investing in my company that deals with electrical installations, specifically for a NSE-listed bluechip company. Tell me more
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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mwekez@ji wrote:
@Banker, et al, why is Faulu picking FDRs at far higher rates than the market? iko shida faulu??
Faulu is a micro-lender which must be charging their clients lending rates higher than 12 p.c...
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Rank: Member Joined: 5/22/2009 Posts: 206
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@Learner, Gladly. Can we discuss the investment further either at my office or your office? Before that, I can send you some general information regarding the investment on your email.
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Rank: New-farer Joined: 6/24/2013 Posts: 18
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TNT wrote:@Learner, Gladly. Can we discuss the investment further either at my office or your office? Before that, I can send you some general information regarding the investment on your email. What's your email address?
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Rank: Member Joined: 5/22/2009 Posts: 206
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investinelec25 (at)gmail (dot) com
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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TNT wrote:@Learner, I can offer you a return of 25% p.a if you would consider investing in my company that deals with electrical installations, specifically for a NSE-listed bluechip company. okay this looks tempting. I'm also a bit liquid and looking for small companies with potential to invest in
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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mmmmmmmmmmmmmmmmmh  Thieves
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Rank: Member Joined: 5/22/2009 Posts: 206
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mkonomtupu wrote:TNT wrote:@Learner, I can offer you a return of 25% p.a if you would consider investing in my company that deals with electrical installations, specifically for a NSE-listed bluechip company. okay this looks tempting. I'm also a bit liquid and looking for small companies with potential to invest in Here is the thread about my investment opportunity: http://wazua.co.ke/forum...&m=426802#post426802
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