Gichuki Kahome
@kahome_steve
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My mission is to spread financial wellness. I help people manage their finances & build wealth through investing. Email: [email protected]
Worldwide
Joined December 2016
Which Savings challenge are joining in 2025? 1. 52 Weeks Savings Challenge. 2. 1 Million Emergency fund challenge 3. 100K monthly passive income challenge
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5 Things that most people ignore about SACCOs 1. Share capital is non-redeemable but transferable 2. Savings in your BOSA account are non withdrawable. Only accessible when leaving the SACCO. 3. To save is to deposit money, to access your money you have to take a loan 4. If you are not in a SACCO to access cheap/friendly loans, SACCOs may never make sense to you 5. There are two types of accounts. a) Front Office Savings Account(FOSA) - Similar to a normal bank account. Savings earn no interest b) Back Office Savings Account (BOSA) - Savings earn interest called rebates. used to evaluate your loan amount eligibility.
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Quick links: 1. Open a Money Market Fund account: 2. Get a whole life insurance quotation:
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@wiseshilling Have you seen performance of nuclear stocks past 1 year?😂 +500% Ain't that supernormal?😂
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🚨 Sh13.3B at Risk! KUSCCO execs forged a dead auditor’s signature to approve fake financials, PwC audit reveals. 🔥 Key findings: ▪️ Sh12.5B insolvency, depositors’ funds at risk ▪️ Sh9.3B in financial misstatements ▪️ Sh3.7B hidden expenses, fake profits ▪️ Sh821M overpaid to insurance brokers ▪️ Sh500M potentially stolen Top officials silent, but the scandal runs deep!
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📉 T-bill Rush! Investors scramble for T-bills in the latest auction, fearing further rate drops after CBK’s 0.5% rate cut. 💰 Bids hit Sh71B—highest in 11 weeks! 🔻 Yields fell sharply: 91-day: 9.52% ➡ 9.11% 182-day: 10.02% ➡ 9.51% 364-day: 11.31% ➡ 10.75% 💡 With Sh57B extra liquidity from CRR cut, will banks lend more or double down on T-bills?
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RT @kahome_steve: Where should you put your money in 2025? 💰📈 I just went through [@StanChartKE's] Global Markets Outlook for 2025. 🇺🇸 Wi…
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RT @ekmokaya: Not every day does a young man from the streets of Nairobi get a chance to share his thoughts on takeaways from C-Suite execs…
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RT @YahooFinance: Mwango Capital founder Erick Mokaya discusses DeepSeek's arrival and what it means for Big Tech:
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NSSF won't help you live comfortably in retirement. Affordable housing program won't help you own your dream home. SHIF won't free you from medical bills. New University Funding model won't reduce your school fees burden The government won't save you. You are on your own!
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P.S. Start or enhance your investment journey by partnering with [@StanChartKE ] Access global investing opportunities such as: 1. U.S. Treasuries 2. U.S. mutual funds 3. Signature CIO funds For more details send an Email to wealth.kenya@sc.com.
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