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@AlfredKOmbudo Poleni sana, Alfred, and family.
May the good Lord grant her eternal rest, and may you find strength and comfort during this difficult time.
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@opinya@cheruiyotkb@BD_Africa Good point!
If the 90m is invested in low risk, low yielding assets, it would generate a minimum 10% per annum (assuming MM, SACCO and RE), that is 750k p.m. There is need to review where the assets are and rebalance to incoming generating assets while protecting the principal.
@DaveKerpen so, belated but I finished the book. Pinching myself as to why I had not read it earlier. I have a new bible. Well written, short chapters that augur well and I like that each is focused on a specific item. Easy to reference. Thank you!
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@Vickyjr@GatumaIan@CytonnInvest Then you need to consider a few items; risk, return needs, liquidity needs, time horizon you have etc. So, if return is your main issue and you not worried about risk and your time horizon is long, you may need to consider what other options are there. @TheAbojani is your friend.
@Vickyjr@GatumaIan 🤣🤣
Well, theoretically, your funds are as safe as any MM somewhere else with the risk exposure being mainly on 25% of the choice of investments @CytonnInvest makes to enhance returns. So, you are ok.
Question is, are you in MM for returns or for safety?
Honoured to have hosted industry trailblazers today at #NextMediaPark – Dennis Ben @Mosotah (Founder & Managing Partner, MMA Law Firm), Sayyid Said (Partner, Juven & CEO, Geni Global) & Sayo Ogundele (Chief Legal Counsel, Geni Global).
Great conversations on innovation, strategy & how media collaboration can work between us. Onwards and upwards! #NextMediaUG