Is investing is the so called M-Akiba bonds worth it??
It sounds sweet but the returns attractive.
I mean you put your whole 3k and you get 300 in a year.
The good thing its an assured interest since its the government and they have to pay.
So to invest or not to invest???
Hiyo 300 ni upusss na haram
Cheki my business idea thread
https://www.kenyatalk.com/index.php?threads/tuktuk-business.52022/
Depends with your needs. The more money you have, the more bonds look attractive.
If you invest 30m and get 3m a year, you can pay yourself 250k a month
If you invest 300m then 2.5m a month…
So question is, is it worth it?
Not for turning peasants to millionaire in an year !
you need huge capital to enjoy this
And remember the interest is taxed at 15%. Yes u do need a lot of capital but it is stress free. And guaranteed return.
M-Akiba bond is tax free.
The easiest guaranteed money you can make. Too bad you need lots of capital to make good money.
Hapa it will be good to save for future needs kama school fees ya watoi and all.