Buying dollars

Currently converting my cash into USD started some time back i remember buying 2000 Usd and the rate was 112 .Currently the rate is 136.5 .I wish I had bought more.

Zangu sijaziguza for a while, nasubiri October i dispose them.

Where do you store them, under your mattress.

That is a profit of 48,000. Adj for inflation approx 35k. Not bad if less than 1.5 years.

Translates to an average of 2k per month.

1.5 years to make a 35k profit :D:D
Hapa mama mboga is far ahead.

Actually one of the best returns. Niko interested kujua ni how long amekaa nayo. Nimegoogle nikaona shilling was 112.5 in November 2021. So 16 months. Cumulative inflation ya the dollar since Nov 2021 ni 10.4 for usd. So profit yake ya 49000 tutoe 10.4% inabaki 43,904. Divide by 16 months inakuja 2744 per month. Interest ya 21% if my math works. Basically ako sawa sana. Few investments return that

Ksh 2744 after 30 days? That’s a waste of time.
Do you know mama mboga makes a profit between 500-1200. Give her 30 days that translate to 15-36k and may be her initial capital was 1000

Your mama mboga must be selling drugs

Kumbe hauna idea. Kwani haujaishi Eastlands nikuchanue

Maybe 500. But I agree with you, hiyo pesa per month ni kidogo sana. But maybe hakuwa anazitumia na zilikuwa zinakaa tu.

Pesa ni ya ku invest sio kuwekwa, risk taking muhimu to achieve growth.

If you had 2000 usd in November 2021, what would you have done yenye sio labour intensive?

2000 usd is approximately 256,000. It’s not a lot. Hii inaisha within two months.

Exactly…na yeye hajamaliza. Amemake 43k nayo in 16 months.

dollar card that allows u to withdraw in usd

Sisi wenye we have hundred thousands of dollars tusemeje sasa
[ATTACH=full]498592[/ATTACH]
Just received this leo:):):slight_smile:

Inaisha kwa budget ya nyumba ama maliar.?

It would be more prudent to convert your liquid assets to prescious metals like gold and silver, the USD is a very bad choice

nov

Precious metal ninunue wapi, niweke wapi very complicated .SElling them is also a problem