Gentlepeople,
I have KShs 700K I have saved from cutting down on my drinking over the course of 10 years. What can I do to make it generate a passive income for me?
Following
700k for 10years?? 70k an year io nikama 5833.33 A month which amounts to 1458.33 a week…
Henewaay Nunua omenaa na upeleke pwani na uanze kuuza thank me later
weka ile fearshara ya mayai,smokie ama shapati naskia hio ndio inafanya watu wakuwe birrionaires
in the meantime angalia hii
1 Like
Broadly thinking, this is alcohol in cash terms you saved. Now find a house, strategically located and sell it to your friends who take. @Female Perspective will serve your clients best and @uwesmake visiting your danguros weekly. When out of stock, restock and resell. This way, you’ll be earning passively from money that otherwise ungekuwa uliikojoa
1 Like
My ideas aren’t welcome for risk averse individuals. However, should I have misjudged you, feel free to correct me.
3 Likes
Passive ndio gani sasa? Weka kwa bonds
Could be he’s avoiding taxman
I read somewhere today that the mkokoteni business in Nairobi is a multi million one and is controlled by about 50 men who are millionaires.
Ponder that.
WEKA BASEE YA KEG NA MAKALI…
how do you protect your mkokoteni from being stolen?
You paste your trade name all around it’s body. Ebu anza kusoma zile majina zimeandikwa ukipitana nazo.
Can I invest the money for you?
Top 50 businesses you can start in Kenya
Download the Business Guides here
. M-Pesa Sub Agent Business in Kenya
2. Executive Barber Shop Business in Kenya
3. Movie Shop Business in Kenya
4. Chapati Wholesale Business in Kenya
5. Smokies & Egg Vending Business in Kenya
6. Flowers Business in Kenya
7. Greenhouse Tomatoes Business in Kenya
8. Chicken Butchery Business in Kenya
9. Boda Boda Business in Kenya
10. Milk Distributorship Business in Kenya
11. Gift Service Business in Kenya
12. Wines and Spirits Retail Business in Kenya
13. Tents & Chairs Leasing Business in Kenya
14. Free Advertiser Magazine Business in Kenya
15. Bookshop Business in Kenya
16. Bottled Water Business in Kenya (FREE)
17. Hair Salon Business in Kenya
18. Fruit / Juice Parlor Business in Kenya
19. Slot Machines Business in Kenya
20. Chips & Chicken Cafe Business in Kenya
21. Keg Bar Business in Kenya
22. Selling Cookies Business in Kenya
23. Daycare Business in Kenya
24. Gas (LPG) Retail Business in Kenya
25. Motorcycle Spare Parts Business in Kenya
26. Ice Lollies Making Business in Kenya
27. Paint Mixing Business in Kenya
28. Second Hand Novels Business in Kenya
29. Car Wash Business in Kenya
30. Ice Lollies Making Business in Kenya
31. Petrol Station Business in Kenya
32. Courier Business in Kenya
33. Chemist Retail Business in Kenya
34. Timber Yard Business in Kenya
35. Sifted Maize Flour Mill Business in Kenya
36. Local Bar Business in Kenya
37. Beef Butchery Business in Kenya
38. Laundry Business in Kenya
39. Selling Cake Boxes Business in Kenya
40. Mitumba Clothes Business in Kenya
41. Agrovet Business in Kenya
2 Likes
Hehehe.
Kuna mingi naonanga zimeandikwa Mwangi Sky Guy.
1 Like
@Alchemist I like dryfry due to the risk element. Tell me your ideas.
Most people who commented have no ideas what passive investments mean. I will advise you the same thing I am planning on doing, and what I do. For me, two passive investments that work just fine are land and shares. You can dough up and buy shares immediately after elections (do your research well), or you can start searching for land immediately. Good luck mate
You’ve had money lying idle in your bank for 10 years?
That tells me immediately you’re not a risk taker. Even after listening to the advises you’ll be given, you’ll still end up making a traditionally ‘safe’ investment like a piece of land.
But if you are willing to listen, I would advice you to put in some of the money, like 100k in cryptocurrency. Buy Bitcoin or Ethereum and wait.
They are going up like crazy.
For example, if you had bought 100k worth of Ethereum at the beginning of this year, you would now have Sh4 million.
1 Like
How do you buy ethereum while in Kenya…that is the catch…bitcoin anaweza nunua but ethereum how??
1 Like
Once you’ve figured out how to buy Bitcoin, it’s just a matter of exchanging it for any other crypto.
Many services available.
Exodus wallet