I cannot understand why anyone would invest ksh 1 million just to earn Ksh 180,000 per year or ksh 15 000 per month. This means earning ksh 500, only per day for investing ksh 1 million. Does not make serious business sense. Surely ? If you bought 8 boda boda for ksh 1 million each bringing in ksh 300 per day, that's 2400 per with 8 people in your employment and more. This will bring in ksh 876,000 per year and your bodas will be there the following year and you can buy more. Bonds are the way for the lazy, too busy or people who lack ideas. Kenya will not grow through government bonds. It will grow through commodity economy. A government that's lazy in paying suppliers and contractors gives the burden of paying interest to it's taxpayers. That's what brings loss of liquidity in the economy and suppressed business activity and finally low tax collection by the revenue authority.
@wealthwise247
25 күн бұрын
Wealth has different levels or stages. When at the scarcity stage you certainly can't put all your funds in bonds. You're merely juggling in between bills. Remember bonds are not as liquid. Once you grow to the secure levels or even stable levels it's good to accumulating multiple streams of passive income. Not unless you're not desirous of attaining financial freedom.
@wealthwise247
25 күн бұрын
In other words people have various financial objectives.
@wealthwise247
25 күн бұрын
For the person who has no emergency funds certainly can't take up Bonds. But someone who's grown past that would find them important.
@raymondmwelwa2946
Ай бұрын
What is an SDS Account?
@wealthwise247
Ай бұрын
CSD account. Is more like your transactional account at CBK. Just like we have a CDSC account with NSE. Would you like to open one?
@wealthwise247
Ай бұрын
It is your personal trading account with CBK.
@jimitaiz
Ай бұрын
Do you mean redemption is deposited to your account en you can withdraw for use
@wealthwise247
Ай бұрын
@@jimitaiz Yes. Redemption means payment of your principal.
@wealthwise247
Ай бұрын
@@jimitaiz Partial redemption implies 50% of your principal is paid back to you. You can withdraw and use or reinvest it back.
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