Jaba Stories: Investing in Nairobi Stock exchange

[AU5]

Lets assume it's 2020 January and you had some spare 100k. So you decide to invest it all in the top 5 most profitable companies on NSE, 20k in each company.

How much would that money be worth today?


How about if you invested it in the top 4 MMF at that time, 25k in each. How much would it be worth?


So maybe you are @Denis Young and you say let me buy 30k worth of BTC, 30k worth of Eth, 20k on shitcoin dodge and the other 20k you spent on Gilbeys and JW


Or say you invested it all in treasury bonds like @Okiya

 

[The.Black.Templar]

Or you invested in tesla stock

 

[Cortedivoire]

Wewe turdmean you can't invest in your own site uongeze servers?

 

[Aviator]

MMF is what?

 

[AU5]

Wewe turdmean you can't invest in your own site uongeze servers?

why should I increase server count when the current serves you just fine? Premature optimization si poa

 

[mzeiya]

MMF is what?

Money Market Fund.
I subscribe to the CIC one and I smile whenever the balance email pops up monthly.

 

[bigDog]

Money Market Fund.
I subscribe to the CIC one and I smile whenever the balance email pops up monthly.

Inaingiza kama ngapi hivi?

 

[mzeiya]

Inaingiza kama ngapi hivi?

Nimefanya hesabu and the money put in has grown by 5.8% since I started 10 months ago.
Much better than saving in a bank considering I chose the moderate risk product. And that amount I've indicated includes a 16% withholding tax deduction

 

[DeepInYourMind]

Lets assume it's 2020 January and you had some spare 100k. So you decide to invest it all in the top 5 most profitable companies on NSE, 20k in each company.

How much would that money be worth today?


How about if you invested it in the top 4 MMF at that time, 25k in each. How much would it be worth?


So maybe you are @Denis Young and you say let me buy 30k worth of BTC, 30k worth of Eth, 20k on shitcoin dodge and the other 20k you spent on Gilbeys and JW


Or say you invested it all in treasury bonds like @Okiya

Were you asking a question or giving an answer?

 

[Denis Young]

Nimefanya hesabu and the money put in has grown by 5.8% since I started 10 months ago.
Much better than saving in a bank considering I chose the moderate risk product. And that amount I've indicated includes a 16% withholding tax deduction

On profit or on total sum?

 

[Denis Young]

Lets assume it's 2020 January and you had some spare 100k. So you decide to invest it all in the top 5 most profitable companies on NSE, 20k in each company.

How much would that money be worth today?


How about if you invested it in the top 4 MMF at that time, 25k in each. How much would it be worth?


So maybe you are @Denis Young and you say let me buy 30k worth of BTC, 30k worth of Eth, 20k on shitcoin dodge and the other 20k you spent on Gilbeys and JW


Or say you invested it all in treasury bonds like @Okiya

Investing is very interesting. You can either choose high yield, high risk or low yield, low risk.
Thankfully, I have just about enough to play both. Now as I approach my late twenties I have a sizeable investment portfolio.

 

[mzeiya]

On profit or on total sum?

Tax is on total interest earned.

 

[Cabaye CAptain1]

Nimefanya hesabu and the money put in has grown by 5.8% since I started 10 months ago.
Much better than saving in a bank considering I chose the moderate risk product. And that amount I've indicated includes a 16% withholding tax deduction

Help me understand. Ukiweka 1M it increases by 50k each year?

 

[Denis Young]

Tax is on total interest earned.

16% is a bit high but if it is on interest then good

 

[mkurugenzi]

Help me understand. Ukiweka 1M it increases by 50k each year?

Yes. Or about 4k each month.

 

[Mbwa Koko]

This is on the lower end. With 1m you should expect at least 7k p.m on a bad month

 

[mzeiya]

Help me understand. Ukiweka 1M it increases by 50k each year?

Mimi I've put 5.2M in total whereby I add 75K monthly since the initial lumpsum and from that, I've gained 320K gross alafu from that, gava imetoa withholding tax ya 48K

 

[Aviator]

Help me understand. Ukiweka 1M it increases by 50k each year?

Yes. Or about 4k each month.

Mimi I've put 5.2M in total whereby I add 75K monthly since the initial lumpsum and from that, I've gained 320K gross alafu from that, gava imetoa withholding tax ya 48K

Afathari kuikunywa.

 

[mzeiya]

Afathari kuikunywa.

Haha afadhali ku invest kwa kitu inarudisha profit. MMF husaidia tu kucover the rate of inflation

 

[Notapeoplesguy]

This is on the lower end. With 1m you should expect at least 7k p.m on a bad month

7k returns for 1 million is peanuts. With 1 million theres a thousannd way to get a return of over 50k monthly.