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FIXED DEPOSIT TERMS
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Chaka
#31 Posted : Wednesday, January 30, 2013 11:15:41 AM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
mukiha wrote:
mwekez@ji wrote:
T Bills outdo Fixed Deposit Terms any day!


And Money Market Unit Trusts are currently better than T-Bills. Check out Britam and CIC


What about Amana?
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mwekez@ji
#32 Posted : Wednesday, January 30, 2013 11:18:47 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
mukiha wrote:
mwekez@ji wrote:
T Bills outdo Fixed Deposit Terms any day!


And Money Market Unit Trusts are currently better than T-Bills. Check out Britam and CIC


@mukiha, give us the numbers after factoring in the fund management charges
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maka
#33 Posted : Wednesday, January 30, 2013 1:31:45 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
mwekez@ji wrote:
mukiha wrote:
mwekez@ji wrote:
T Bills outdo Fixed Deposit Terms any day!


And Money Market Unit Trusts are currently better than T-Bills. Check out Britam and CIC


@mukiha, give us the numbers after factoring in the fund management charges

...am with @ mwekezaji on this when you start factoring the tu small costs here and there t-bills are way better form of investment.
possunt quia posse videntur
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Impunity
#34 Posted : Sunday, February 03, 2013 11:36:40 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
mawinder wrote:
Impunity wrote:
Ngong wrote:
And the USD rates quite good,are we heading to hundred?

smile smile
If a certain coalition wins then USD rate will hit 150 by June 2013; dump and wait for rate to come down.

That is why I support that unnamed coalition.


Me too, though silently.
My foreign currency reserve is good with that coalition but what next after dumping the USDs?
d'oh!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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mukiha
#35 Posted : Tuesday, February 05, 2013 10:24:41 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
mwekez@ji wrote:
mukiha wrote:
mwekez@ji wrote:
T Bills outdo Fixed Deposit Terms any day!


And Money Market Unit Trusts are currently better than T-Bills. Check out Britam and CIC


@mukiha, give us the numbers after factoring in the fund management charges


The quoted figures are net of management fees and withholding taxes!
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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mwekez@ji
#36 Posted : Wednesday, February 06, 2013 10:04:59 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
mukiha wrote:
mwekez@ji wrote:
mukiha wrote:
mwekez@ji wrote:
T Bills outdo Fixed Deposit Terms any day!


And Money Market Unit Trusts are currently better than T-Bills. Check out Britam and CIC


@mukiha, give us the numbers after factoring in the fund management charges


The quoted figures are net of management fees and withholding taxes!


@mukiha, what are the quoted figures (net of management fees and WHT? Link?
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mukiha
#37 Posted : Thursday, February 07, 2013 2:02:09 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
mwekez@ji wrote:
mukiha wrote:
mwekez@ji wrote:
mukiha wrote:
mwekez@ji wrote:
T Bills outdo Fixed Deposit Terms any day!


And Money Market Unit Trusts are currently better than T-Bills. Check out Britam and CIC


@mukiha, give us the numbers after factoring in the fund management charges


The quoted figures are net of management fees and withholding taxes!


@mukiha, what are the quoted figures (net of management fees and WHT? Link?


Figures are listed in the newspapers daily... on the same page as stocks and currencies.

My January statement at CIC has just arrived, the fund earned an average of 9.39% pa net - this is the amount credited to my account.

90-day T Bills were hovering around 8.5% in the same month.
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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mukiha
#38 Posted : Thursday, February 07, 2013 2:04:59 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
Chaka wrote:
mukiha wrote:
mwekez@ji wrote:
T Bills outdo Fixed Deposit Terms any day!


And Money Market Unit Trusts are currently better than T-Bills. Check out Britam and CIC


What about Amana?


I don't know anything about Amana apart from that they report higher returns than everybody. But who's their tall uncle?

CIC has Co-Op bank behind it

Britam has Eqty

ICEA is, well, huge in it's own right.

etc

How about Amana? Who knows?

For that reason, I am hesitant to put my money with them.
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Impunity
#39 Posted : Thursday, February 07, 2013 3:24:32 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
mukiha wrote:
Chaka wrote:
mukiha wrote:
mwekez@ji wrote:
T Bills outdo Fixed Deposit Terms any day!


And Money Market Unit Trusts are currently better than T-Bills. Check out Britam and CIC


What about Amana?


I don't know anything about Amana apart from that they report higher returns than everybody. But who's their tall uncle?

CIC has Co-Op bank behind it

Britam has Eqty

ICEA is, well, huge in it's own right.

etc

How about Amana? Who knows?

For that reason, I am hesitant to put my money with them.


And with which Trust do you put your money?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Chaka
#40 Posted : Thursday, February 07, 2013 3:34:58 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
Where do these MMF's invest the funds so as to give returns higher than the TB's..?
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  | | Edit by user: Thursday, February 07, 2013 3:36 PM | Reason: Not specified
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