The Webinar You Missed: How to build wealth by NCBA Investment Bank.

The Webinar happened on 9th July 2020 and the Review was done by Rick Okinda. The Webinar was hosted by Paul Gicheru and Steven Maleche who are NCBA Investment Bank’s Chief Investment Officer and Senior Investment Manager respectively. The following are the highlights you need that we noted for you:

  • Investment begins by asking yourself, “What is the investment I’m making” because investment itself is not an end objective.
  • Align your investment objective to the investment structure you go for.
  • Your level of investment should always beat the level of inflation in the country. (i.e. for long and medium-term investments).
  • Ensure your investment has both capital gains and compounding income/ reinvestible income.
  • If you are investing for diversification then you must define what risks you are trying to run away from.
  • If you are investing for retirement, you should be able to choose the best pension structure. In this decision it is important to look for a structure that reduces your tax exposure.
  • Don’t buy an investment because others are buying, buy an investment that fits in your investment framework. Have a good reason to buy land, a house, a dollar investment fund, a fixed deposit investment or any other type of investment.
  • Have the right rationale for your sentimental investment.
  • Conduct proper due diligence to avoid the element of surprise.
  • Investment begins by asking yourself, “What is the investment I’m making” because investment itself is not an end objective.
  • Align your investment objective to the investment structure you go for.
  • Your level of investment should always beat the level of inflation in the country. (i.e. for long and medium-term investments).
  • Ensure your investment has both capital gains and compounding income/ reinvestible income.
  • If you are investing for diversification then you must define what risks you are trying to run away from.
  • If you are investing for retirement, you should be able to choose the best pension structure. In this decision it is important to look for a structure that reduces your tax exposure.
  • Don’t buy an investment because others are buying, buy an investment that fits in your investment framework. Have a good reason to buy land, a house, a dollar investment fund, a fixed deposit investment or any other type of investment.
  • Have the right rationale for your sentimental investment.
  • Conduct proper due diligence to avoid the element of surprise.

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