How to build a low-risk portfolio on Sh 70K net salary:
As usual, we insist on 20% allocation to savings and investments, that's Sh 14,000.
~Put 9000 in an MMF
~Put 5000 in a SACCO BOSA
End of year 1:
MMF = 120,960 net average 12%
SACCO = 67,200 net average 12%
Total = 188,160
Move Sh 100,000 from MMF to T-bonds.
End of year 2:
MMF = 144,435
SACCO = 142,464
T-bond = 100,000 excluding 16,000 interests (transfer to MMF)
*New MMF balance: 160,435
Total portfolio value: 402,899
If you had merely saved 14,000 monthly for 2 years = 336,000
+66,899 from just setting up, automating contributions, and living your life.
What about year 3, 4, or 5? 🤯
Carbon Credits can be bought by countries as part of their Nationally Determined Contribution (NDC) strategy, by corporations with sustainability targets, & by private individuals that want to compensate for their carbon footprint #CarbonMarkets#PublicParticipation
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Another day to remind you that opportunities are waiting!
Presidential Digital Talent Program has announced 400 vacancies for recent ICT & Related Engineering Graduates.
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The Kenyan government and other governments in the Global South must stop supporting and subsidising harmful industrial agriculture activities, including applying chemical fertilisers, pesticides, herbicides and deforestation.
#FundOurFuture#FinanceFlow#climatejustice#ActNow
🌍💚 Thank you, @DCA_Kenya, for sharing this inspiring message from #ACS23. Africa's potential to tackle the climate crisis is immense, and it's heartening to see Denmark's generous support for the Green Climate Fund.💪🌱 #ClimateAction#Sustainability#GlobalPartnership
#ACS23 concludes with the main message: Africa is rich in opportunities and its own solutions to the climate crisis 💪 But it needs financing. At our joint event "Unlocking Investments in Adaptation," Lilian Macharia thanked Denmark for 1.6 billion DKK for the Green Climate Fund
#ACS23 concludes with the main message: Africa is rich in opportunities and its own solutions to the climate crisis 💪 But it needs financing. At our joint event "Unlocking Investments in Adaptation," Lilian Macharia thanked Denmark for 1.6 billion DKK for the Green Climate Fund
#AfricaClimateWeek
Financing Clean Energy in Africa Report Launch
6 September 2023
8:00AM-9:00AM GMT+3
KICC, Room SE5
@afdb_group and @IEA will launch this pioneering joint report on scaling of #energy investment.
More info: https://t.co/C0T75DaeYk #ACS23#AfricaClimateSummit
The #AfricanClimateSummit is set to drive a meaningful change on the climate change agenda. We, hereby, call all Youth from the African Descent to join in our conversation tomorrow as we drive clear commitments to our African Heads of State ahead of the #ACS2023#1point8KE
Join us today from 4pm EAT as we bring the panelist across the African continent to discuss the message to be sent to the African head of states and governments during this week of #ACS2023.
@PanelUnfpa@Oayouthkenya