Mwendawazimu
Elder Lister
Listers what investment do you know of that give a return of more than 10% per year? Comb me please
Thanks1. SACCO dividends will give you returns of between 13%-17% per year. The advantage is SACCOs enjoy lower tax of 5%.
2. SACCO deposits will give you returns of between 10%-13% per year. Again the advantage of that they enjoy lower tax of 5%
3. Government infrastructure bonds will give you interest of around 13% per year. These will be taxed at 10%
4. Shares will give you returns of upto 25% per year. But you will need to be extra careful where you invest.
Comb me here please.1. SACCO dividends will give you returns of between 13%-17% per year. The advantage is SACCOs enjoy lower tax of 5%.
2. SACCO deposits will give you returns of between 10%-13% per year. Again the advantage of that they enjoy lower tax of 5%
3. Government infrastructure bonds will give you interest of around 13% per year. These will be taxed at 10%
4. Shares will give you returns of upto 25% per year. But you will need to be extra careful where you invest.
So what's taxed? The initial 100k I put or the 13,000 interest rate I got. Please clarify to him.Government infrastructure bonds will give you interest of around 13% per year. These will be taxed at 10%
the interest onlySo what's taxed? The initial 100k I put or the 13,000 interest rate I got. Please clarify to him.
the answer lies in the balance sheet. the assets i.e. the loans must be more than the liabilities i.e. the shares. So in a sacco model many people will take loans but few want to buy shares because it is very difficult to sell sharesComb me here please.
My sacco gives loans at 12% reducing. Last year, they paid dividends at 12.8%.
How do you explain that,considering they have personnel and office expenses, and all the money is from loans?
saccos have human face !Listers what investment do you know of that give a return of more than 10% per year? Comb me please