Wangwana, i am exploring options on how i can invest 1M and get returns of like 30k a month. Please ventilate on the available options on ideas.
There’s nothing as risk free , you invest and work hard and avoid copying pasting people’s businesses and ideas. Research, research , research what the market and location needs.
Thanks. Ideas?
Plant 1 mirrion cabbages and sell at 40 bob each :D:D
Go research my friend , tembea kwa ground different areas , see what’s needed. I don’t want to be negative because to me this Is a risky time to do biz in Kenya.
nililoan 100K nikulipe 130K in 3 months
Enda uweke hio pesa Kwa fixed deposit in a Tier 1 bank. You can get 10 % if you know people. Alternatively go to CIC watakupatia 9%.Hii Kenya saa hii hakuna risk free investment ikiwa mpaka landlords wanalia
Buy Belta, Insight, Vitz or any good ex-japan second hand car. Get it into car hire… You’ll get 33K- 45K.
A Vitz scoops 33k in a good car hire company. Inbox for referrals.
In other words, you want a 36% p.a risk free investment? This is how people fall prey to conmen. Be grateful and content with that 10-12%, a slow but sure way of building wealth.
Risk free are you joking or what ?
Figures quoted here are net or gross; will I have to still spend some more out of the amount.
Runs like a man almost caught with someones wife
Edited. Your options?
I have a very good appreciation of risks. Conning me is an uphill task.
The figures are net. Tax free. Servicing the vehicle is negligible, perhaps quarterly.
Ata mungatana alisema hivo
Jaribu hata Kama ni Uber/Bolt
9% cant even clear inflation.
Safest ni hizi money market kama za ICEA Lion na Old Mutual but na hizo the most you can get nikama 15k still way better than banks and you still have ur cash , beyond that hizo zingine ni risk !
What exactly are you smoking? 36% return p.a na unataka low risk, kwanza ulipwe monthly :D…there is no way you can make 30k per month using 1 million from a low-risk investment. However, you can make an even better return but with moderate risk.
Nunua one of these beat up matatu sharks for 600k. Irudishe form with a solid 250k. Tafuta crew uiweke kwa road and get very hands-on. Expect 2500-3500 daily. Higher risk, but also higher return. The risk is reasonable because it is not too big. After all, kakinuka you just sell the matatu and since ni mzee haitakuwa imedepreciate sana. Unaweza pata hata umeiuza 1 mil i.e more than you bought it.