wazua Wed, Jan 1, 2025
Welcome Guest Search | Active Topics | Log In | Register

Faulu FD at 12%
Options
Previous Topic · Next Topic
winmak
#1 Posted : Friday, November 10, 2017 1:46:45 PM
Rank: Member


Joined: 12/1/2007
Posts: 539
Location: Nakuru
How safe is it to FD some significant amount with them? I have squeezed them to get this rate but I have this funny imperial feeling. Anyone dealt with them?
For investors as a whole, returns decrease as motion increases ~ WB
Back to top
 Report Abusive | Report SPAM
Ericsson
#2 Posted : Friday, November 10, 2017 1:49:58 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,699
Location: NAIROBI
winmak wrote:
How safe is it to FD some significant amount with them? I have squeezed them to get this rate but I have this funny imperial feeling. Anyone dealt with them?


They are part of Old Mutual Holdings.
No worries;when they have problems baba (Old Mutual) will bail them out
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
Ebenyo
#3 Posted : Friday, November 10, 2017 2:28:55 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
winmak wrote:
How safe is it to FD some significant amount with them? I have squeezed them to get this rate but I have this funny imperial feeling. Anyone dealt with them?



I have dealt with them several times and so far no problem.Last year,they give me 7%.Is it now 12% or is it a past?
Towards the goal of financial freedom
Back to top
 Report Abusive | Report SPAM
winmak
#4 Posted : Friday, November 10, 2017 2:40:59 PM
Rank: Member


Joined: 12/1/2007
Posts: 539
Location: Nakuru
Ebenyo wrote:
winmak wrote:
How safe is it to FD some significant amount with them? I have squeezed them to get this rate but I have this funny imperial feeling. Anyone dealt with them?



I have dealt with them several times and so far no problem.Last year,they give me 7%.Is it now 12% or is it a past?


Depends on amount and duration of fixing
For investors as a whole, returns decrease as motion increases ~ WB
Back to top
 Report Abusive | Report SPAM
winmak
#5 Posted : Friday, November 10, 2017 2:42:52 PM
Rank: Member


Joined: 12/1/2007
Posts: 539
Location: Nakuru
Ericsson wrote:
winmak wrote:
How safe is it to FD some significant amount with them? I have squeezed them to get this rate but I have this funny imperial feeling. Anyone dealt with them?


They are part of Old Mutual Holdings.
No worries;when they have problems baba (Old Mutual) will bail them out


Thanks bro
For investors as a whole, returns decrease as motion increases ~ WB
Back to top
 Report Abusive | Report SPAM
Liv
#6 Posted : Friday, November 10, 2017 3:10:27 PM
Rank: Veteran


Joined: 11/14/2006
Posts: 1,311
winmak wrote:
How safe is it to FD some significant amount with them? I have squeezed them to get this rate but I have this funny imperial feeling. Anyone dealt witeh them?



Go sleep soundly... this is as safe as it can be... I've had FDs with them for the last 4 years.
Back to top
 Report Abusive | Report SPAM
winmak
#7 Posted : Friday, November 10, 2017 6:43:38 PM
Rank: Member


Joined: 12/1/2007
Posts: 539
Location: Nakuru
Liv wrote:
winmak wrote:
How safe is it to FD some significant amount with them? I have squeezed them to get this rate but I have this funny imperial feeling. Anyone dealt witeh them?



Go sleep soundly... this is as safe as it can be... I've had FDs with them for the last 4 years.


Done, sealed the deal.
For investors as a whole, returns decrease as motion increases ~ WB
Back to top
 Report Abusive | Report SPAM
Chaka
#8 Posted : Saturday, November 11, 2017 9:36:29 AM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
What is the duration?
winmak wrote:
[quote=Ebenyo]
Depends on amount and duration of fixing
Back to top
 Report Abusive | Report SPAM
Dahatre
#9 Posted : Saturday, November 11, 2017 10:18:43 AM
Rank: Member


Joined: 12/21/2009
Posts: 602
Chaka wrote:
What is the duration?
winmak wrote:
[quote=Ebenyo]
Depends on amount and duration of fixing


Also approximate amount to qualify for the 12% if possible?
Back to top
 Report Abusive | Report SPAM
winmak
#10 Posted : Saturday, November 11, 2017 12:01:29 PM
Rank: Member


Joined: 12/1/2007
Posts: 539
Location: Nakuru
Dahatre wrote:
Chaka wrote:
What is the duration?
winmak wrote:
[quote=Ebenyo]
Depends on amount and duration of fixing


Also approximate amount to qualify for the 12% if possible?


3m, for 12 mo
For investors as a whole, returns decrease as motion increases ~ WB
Back to top
 Report Abusive | Report SPAM
Chaka
#11 Posted : Saturday, November 11, 2017 1:13:24 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
Is there such a thing as a FD where you fix the cash for 12 months but get paid interest say quarterly?
winmak wrote:
Dahatre wrote:
Chaka wrote:
What is the duration?
winmak wrote:
[quote=Ebenyo]
Depends on amount and duration of fixing


Also approximate amount to qualify for the 12% if possible?


3m, for 12 mo
Back to top
 Report Abusive | Report SPAM | Edit by user: Sunday, November 12, 2017 10:06 AM | Reason: Not specified
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2024 Wazua.co.ke. All Rights Reserved.