Investment advice for 2023

[Okiya]

The list is not comprehensive but here's my take.

1. Avoid educational policies.
2. Buy KCB
3. Liquidity- Invest in Money Market Funds- Sanlaam currently at 9.2%
4. Long term- buy government bonds currently around 13.4%
5. Short term- buy 1 year treasury bills currently @ 10.3%

Of course when you factor in inflation you lose money but there's no point of keeping your money in a savings account

 

[Aviator]

Is it advisable to take a loan for biz expansion?

 

[Okiya]

Is it advisable to take a loan for biz expansion?

I find loans offered by banks to be quite high- 16%. That means your biz must make high returns to pay off a 16% loan and leave you with profit. But if you've done your math, go for it

 

[Aviator]

I find loans offered by banks to be quite high- 16%. That means your biz must make high returns to pay off a 16% loan and leave you with profit. But if you've done your math, go for it

Does the environment look good for biz?

 

[Okiya]

Does the environment look good for biz?

If your customer is the government the environment looks 50/50
If your customer is the people then doesn't look good. Inflationary pressure is forcing people to cut on non essentials. Don't forget the world is entering into a recession this year.

 

[Aviator]

If your customer is the government the environment looks 50/50
If your customer is the people then doesn't look good. Inflationary pressure is forcing people to cut on non essentials. Don't forget the world is entering into a recession this year.

What about banks, Sacco's and other financial institutions? Are they likely to spend more on modernization of their systems compared to previous years?

 

[Kasaman]

You mean Tai sacco ?

 

[Okiya]

What about banks, Sacco's and other financial institutions? Are they likely to spend more on modernization of their systems compared to previous years?

Yes, banks and Sacco's will continue spending more as they cannot compromise on their systems. You know Kwanza sahii they are vulnerable to attacks

 

[Aviator]

You mean Tai sacco ?

Yes, and Tower and Bingwa and the likes

 

[kingolonde]

Kindly, why KCB.

 

[Sabuni]

Last year nilichanua mzae about Money Market Fund and Equity fund, that was after getting 2% interest from figsed deposit @ Eco Bank. He moved all money from fixed deposit to ICEA Lion unit trust products, christmass kufika akanijenga 50k pesa taslimu for the good advice - easiest money I have ever "worked for"

 

[kingolonde]

Last year nilichanua mzae about Money Market Fund and Equity fund, that was after getting 2% interest from figsed deposit @ Eco Bank. He moved all money from fixed deposit to ICEA Lion unit trust products, christmass kufika akanijenga 50k pesa taslimu for the good advice - easiest money I have ever "worked for"

Which ones would you advice, kindly

 

[Okiya]

Kindly, why KCB.

At 38 bob, it's undervalued

 

[R_Silver]

Is it advisable to take a loan for biz expansion?

The problem might be whether banks will even give said loans.. I had a chat with a friend who works in the industry who said that unspoken internal directive is to minimise lending; especially for construction of rentals, operating capital, and assets and import financing. It seems risk assessment is that things are not positive so the bank will continue to focus on GOK securities..

 

[Aviator]

The problem might be whether banks will even give said loans.. I had a chat with a friend who works in the industry who said that unspoken internal directive is to minimise lending; especially for construction of rentals, operating capital, and assets and import financing. It seems risk assessment is that things are not positive so the bank will continue to focus on GOK securities..

Waah
In short, things will be thicker this year.
Let me buy more lube

 

[R_Silver]

Waah
In short, things will be thicker this year.
Let me buy more lube

Nunua kwa drum senator... I almost forgot to mention even having a clean title is an issue unless the property/land meets certain very strict requirements. Banks zimechoka kubaki na security that they can't dispose of when we default.

 

[Denis Young]

At 38 bob, it's undervalued

Mzee aliniambia hataki shares zake za KCB ati hazina returns. I am just looking for information on how to transfer them to myself with his approval. The way I grabbed the opportunity ata yeye anashuku he is making a bad decision.

 

[Okiya]

Mzee aliniambia hataki shares zake za KCB ati hazina returns. I am just looking for information on how to transfer them to myself with his approval. The way I grabbed the opportunity ata yeye anashuku he is making a bad decision.

Most wazees are dividend focused.
Vijanaa ndio we want the risk and excitement of buying low selling high

 

[Aviator]

Nunua kwa drum senator... I almost forgot to mention even having a clean title is an issue unless the property/land meets certain very strict requirements. Banks zimechoka kubaki na security that they can't dispose of when we default.

One thing I Kent do is to give title in exchange for a loan. Too much risk there
But have ordered Chinese premium lube to last me the whole year

 

[MkukiMoto]

The list is not comprehensive but here's my take.

1. Avoid educational policies.
2. Buy KCB
3. Liquidity- Invest in Money Market Funds- Sanlaam currently at 9.2%
4. Long term- buy government bonds currently around 13.4%
5. Short term- buy 1 year treasury bills currently @ 10.3%

Of course when you factor in inflation you lose money but there's no point of keeping your money in a savings account