How to make passive income from government security
By Fredrick Simiyu wamalwa - 2020-05-19 16:43:00 - [General]
Hi guys? Last time I talked to you about how to make money through voluntary contribution to the NSSF. Today I want to continue pushing the to share with you the other way you can make some extra coin by loaning the government your idol cash and a handsome interest. Have you heard something called domestic debt? This is the term referring to people who have given their money to government as loan. The government use this money for development and pay you handsome interest rate. The beauty of it all is that your capital is not affected. This way, you make your money work for you. There are two vihecle to use...1.Treasury bonds 2.Treasury bill. Bonds are long term investment while bills are short term, usually bellow one year. Either way, your appetite determines your duration. Bills are auctioned weekly but bonds are auctioned monthly. The capital outlay in bills is 100k but for bonds is 50k. Remember only,1.6%of Kenyans know about this form of generating income. If you are ready to start your retirement plan, kindly visit the central bank of Kenya to open your trading account and start your financial freedom. Ooh! You don't have have enough capital? Don't worry you can start with M-akiba, this is where your capital is low...with little as 3k, you can start and earn interest of 10% pa. Just dial*889# and thank me later.
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