Bro earns a net salary of 150,000. After expenses, he retains approx 76K. He asked me how he can invest this amount to achieve KSh700,000 per month in passive income.
Here is what I told him to do👇🏿
𝐎𝐧 𝐓𝐡𝐢𝐬 𝐃𝐚𝐲: 28 March 2008
Safaricom opened its IPO, offering 10 billion shares at KSh 5.00 each to raise KSh 50 billion and value the company at KSh 200 billion.
The offer, the largest in East Africa at the time, drew strong investor demand. Thousands of Kenyans queued at banks and brokerage offices to apply, marking one of the highest levels of retail participation in the NSE’s history.
The IPO deepened Kenya’s capital markets and expanded local ownership ahead of Safaricom’s NSE listing in June 2008.
🚨 BREAKING: Someone just open-sourced software that sees you through walls using only WIFI signals.
it’s called WiFi-DensePose. It maps your exact body pose in real-time. no cameras. no sensors. just your living room router.
100% Open Source.
🎙️ This Tuesday on #MwangoSpaces, we will be discussing the latest buzz in town, Ziidi Trader, unpacking what it is, how it works, and what it means for investors.
Our guests:
▪️ Aliya Khanbhai & Gitau Macharia from Safaricom
▪️ Eric Ruenji from Theo Capital Holdings
Don't miss!
1. Get a CDSC number.
2. Invest in shares via a regulated stockbroker
Note:
- It’s free to register for a CDSC number. You can also do so via your stockbroker.
- Not all company shares earn you dividends.
- You benefit from capital appreciation if the share price goes up so if you choose to sell you make a profit.
If you must smoke, please smoke BAT products
If you must take alcoholic drinks, please take EABL drinks
If you must take tea or coffee, please consume Sasini, Kapchorua or WTK products
As the chairman of NSE dividend seeking investors, we will be very happy!!!
To us, ESG stands for Extra Shareholder Gains
Hakuna asset class inachanganya wakenya kama special funds
I’ve heard so many conspiracy theories about them.
My comments about special funds;
1. They are not the holy grail of investing. You can get higher returns investing in the stock market, commodities or crypto
2. Yes they are regulated but that doesn’t protect you from capital loss
3. A 20% p.a. return is not unheard off. There are assets like stocks, ETFs, commodities, crypto that can give you higher than that
4. Most of these funds are new so we don’t have historical performance to evaluate performance
5. They are good for any investor looking for above average returns
Forget the other conspiracy theories that your friend is telling you😀
There’s a reason he’s a lawyer and not a finance bro