Kama uko below 40 priss piss off for now and watch/read from the sidelines. What should a middle aged man do (below 30 yrs) if he came across a windfall. Lets say USD 300,000. I know it is not much to birrioneas, but it is still life changing money to some of us. Asking for my cousin. He wants to ensure that he profits from the money his entire lifetime. I suggested real estate but some of you may have better ideas.
NB: He can’t do what he did to get the $300,000 again. It was a once in a lifetime unfortunate situation i.e inheritance. That’s what we found in his old man’s accounts.
Afuge singo matha kama watano. i am 50 priss
Lakini wewe mtu random your ways are not straight from your stories. I am 42
Hio pesa sio mbaya naweza pita na biz za watu zile zinastruggle alafu i learn the ropes the hard way after 1 year ntakua ndani ya hizo biz fully
Bloody fak! what? ok. how old is that kamafaka? So if this is the situation, I don’t know the boy’s background, lakini hapa hatuwezi kumpea advice inayomfaa. He probably needs to know a thing or two about forming a company in Kenya, or just seek advice from a real finance consultant on investment and strategy. Hiyo pesa sio kidogo by the way.
Here we go again…
Kawambui typical scenario.
Instead of risking loosing the money, cant he just pay himself 30k per month for the rest of his life. akifa, yenye itabaki awachie watoto
30k in the next 6 years will be like 5K! Just look at how we are talking about Billions today(property, corruption scandals etc)…just five years ago you could never see a plot advertised for a billion, now it is the norm.
The problem with such large sums of money especially when unplanned for can easily go down the drain. He should start off with manageable sums as he figures out what to do with the money. In a nutshell if he paid himself 100K per month he would have 25 years to finish that loot.
Hio mbesha inafaa kua kwa Fixed Deposit Account as he thinks of what to do with it
30M? Huh
- Buy a good dividend stock like BAT, Safaricom… live purely on dividends for life.
- Build 6 high end rental units, each going for minimum 35k per month. Thats a cool 210k per month
- I’ve run out of ideas. The worst he can do is try any form of business that he has never done before/ doesnt understand. Ile kitu itampata atashangaa
Aingie Central Bank anunue government bonds za 30 years. Then continue leading his normal life. Interest ikiingia every 6 months atakula mnofu.
Pesa ya inheritance ni kama ya shamba. He needs to be very careful otherwise it will be gone in a year kama za wasee wale uuza plot ruaka hio 30 m na wanazikunyua in a year or less. Tell him to play safe and buy a finished or almost finished block of flats au shamba. I am 60
Place all the money on red.
I am not 40 but allow me please. I am sure someone inheriting 30M is somehow exposed, by default! Someone gave the idea of government bonds which is a good idea.
betin is the best idea
am below 40 though not allowed to share my idea
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weka hii pich mzuri ama ulete wrink