Banks are Very greedy of late , their interest rates fall between 0% to 5% No need of keeping MONEY in the BANK, if you have : , 1) 1000,0000 KES buy LAND and speculate , it is the easiest way of making money , Land appreciates by almost 25% every year .. 2)If you have 500,000 KES you can BUY a second hand MATATU "Pimp it Up " you can make around 2500 to 3000 KES per day, It is a business that has made many Billionaire 3) If you have 250,000 KES you can actually Buy STOCK at NSE , the best performing company is BAT with its price going up by 7/= as at yesterday .. 4) If you have 125,000 KES you can start a Hair Salon / barber shop, Lets say , these guys make as from 3,000/= to over 15,000 per day (depends on location ) 5) If you have 70,000 , I would do a lot of Farming , In KITALE for example you can Hire a 1 acre of land for 30,000 and do farming of Maize which is a staple food in Kenya , Returns are as high as 300,000 KES after 4 months SO Why KEEP Money in the BANK ?? Turn it to another factor of Production
Posted on: Sat, 15 Jun 2013 12:55:57 +0000
Trending Topics
Recently Viewed Topics
© 2015