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Investments that compound interest in Kenya
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wkari
#1 Posted : Thursday, August 26, 2010 1:32:24 PM
Rank: Member

Joined: 7/29/2008
Posts: 5
Hi

is anyone aware of any investments that compound interest in Kenya?

Let me know please

Thanks
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Horton
#2 Posted : Thursday, August 26, 2010 2:17:08 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Savings account. Lol
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digitek1
#3 Posted : Thursday, August 26, 2010 3:29:05 PM
Rank: Veteran

Joined: 2/3/2010
Posts: 1,797
Location: Kenya
T bills- roll over your interest and non competitive bid
I may be wrong..but then I could be right
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wkari
#4 Posted : Thursday, August 26, 2010 3:37:27 PM
Rank: Member

Joined: 7/29/2008
Posts: 5
@horton...very funny..i need something better..the interest from savings accounts is ridiculously low
i need something with a good interest rate

@new-farer-thanks
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winston
#5 Posted : Thursday, August 26, 2010 4:32:10 PM
Rank: Member

Joined: 4/14/2010
Posts: 806
Location: Nairobi
@wkari...money market unit trusts
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msimon
#6 Posted : Thursday, August 26, 2010 4:49:37 PM
Rank: New-farer

Joined: 8/23/2010
Posts: 63
Location: Kampala
wkari wrote:
Hi

is anyone aware of any investments that compound interest in Kenya?

Let me know please

Thanks


But the stock market is easy and it can give you good compounded returns if you beat the average over the long term.
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The Merchant
#7 Posted : Thursday, August 26, 2010 5:30:19 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
QWhat rate of return are you looking for? Even 1% compounded still answers your question.
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wkari
#8 Posted : Thursday, August 26, 2010 5:40:40 PM
Rank: Member

Joined: 7/29/2008
Posts: 5
@merchant...and why would i want to invest my money to get 1%?

anyway, something in the range of 8% upwards
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Extrapreneur
#9 Posted : Thursday, August 26, 2010 7:47:03 PM
Rank: New-farer

Joined: 7/26/2010
Posts: 25
Location: Nairobi
wkari wrote:
Hi

is anyone aware of any investments that compound interest in Kenya?

Let me know please

Thanks


@wkari; Hi, I'm currently testing a forex trading strategy aimed at making low but consistent gains with emphasis on leveraging on compounding gains. If you are interested in following my progress, check out the daily updated stats at http://penwise.webs.com/...apreneur-trading-secret
that is, if international forex trade cuts it as 'an investment in Kenya' smile
PS: Right click image and open in new tab/window
Join the discussion on the first freelance community network in Kenya. If you'd like your blog included on the site, kindly email it to me at info@penwiseassociates.com or simply join the discussion in the forum section
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WWW BLOG
  | | Edit by user: Thursday, August 26, 2010 7:48 PM | Reason: Not specified
Horton
#10 Posted : Thursday, August 26, 2010 8:49:17 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
wkari wrote:
@horton...very funny..i need something better..the interest from savings accounts is ridiculously low
i need something with a good interest rate

@new-farer-thanks



Dude I think that's the million dollar question. Everyone here is trying to compound their returns for a better tomorrow. The rates is tricky And akina sasanet went down. So here's my suggestion to ya, get a stock that u can give u a better compounded rate than the market(again working this out is open to discussion) and hold on. Or trade and make 10% per month or something.

Goodluck.
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