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Jamaa akubali tuu kuma na pombe ndio zilimharibia. With $40m ukainvest in treasury bonds, you will have to spend approximately Shs. 1.6m per day without fail ndio umalize interest by the end of the year by which time interest ingine itakuwa inaingia kwa account rinse and repeat. Kumbuka capital hujaguza.
Tpain shared this story back a few years ago. Alinunua real estate, which was to be renovated. Problem is that it was in areas where they couldn’t sell. At the end walikua wanalipa jamaa kuziangisha because of city fines. Then he purchased a $2.5m Bugatti. To service a radiator was $75k. Alafu wakiifungua, they find another one leaking. The car has 10 radiators.
Shait
Always the same thing with these rappers… hiyo gari wangeuzia muarabu huko hata kama at a loss hiyo pesa wafungulie supermarket kwa hood.
Pesa Kwa treasury bonds is so simple.weka $40m and you are guaranteed to get an interest yearly, hassle free.
Seems you have a local view of finance and investment ndo mnashinda mkisema ooh bonds… bonds US huwa around 2% to 6. So sio money printing investment as you think. That said, tpain is a fool. Kuna pesa nikieza pata sitawahi karibia kusota
3% of 40m is 1.2m.still good money in dollars.
Inflation is 7%
Supermarket ni ya low profit margins if not moving in high volumes na nyeuthi unamjua tu! Hupenda kama anapata pesa mingi hata mwenyewe hawezi explain! That’s why hata hapa .ke supermarket mob lazima ikuwe na outlets mob ndio wamake good margins.
The bonds issue was just for illustration coz hata ukisema ni hio 2%, that is still nearly $1m plus in interest. Now, $1m is a lot of money anywhere on earth.
Inflation is 7% so it will wipe out any perceived returns. He would have invested in money making activities but bonds is probably not the best example to use in countries with money. Bonds ni profitable kwa third world countries pekew
You have point
All other ground is sinking sand.