First And First Capital International Ltd

Most people understand the inconvenience of letting their cash lie idle. Therefore, they are actively searching for ways through which they can invest their money. Although trading has been popular alongside investing, the two differ a lot. Trading involves taking quick positions, while investors usually hold positions for a longer period which could be months or even years. But before you commit your cash into an investment, it is always worth to have an all-round understanding. This article highlights the essential things that an investor needs to know before they commence. Goals Although it might sound simple, there are many people who invest a lot of money, but they have no clear plan. It is honest to say that such is essentially a gamble. Although you can invest profitably for the long-term , clear definition of goals allows correct alignment of your expectations. Therefore, you don’t shiver the moment you fail to pocket a six figure in the first month. For example, being c...

  It is absolutely important for every financially keen person to save and invest. The two are crucial in meeting expenses but it is good to understand the major variation between them. Financial experts such as bankers and economists advise that the culture of saving has to be learnt at an early age. Essentially, that in a small way teaches the value of money and assists in greater understanding of macroeconomics at a later stage. Saving money and putting money into an investment appears related but are completely differe nt concepts. Once you have paid off your monthly or annual bills and expenses, you can refer to the remaining amount of money as the savings. Additionally, it can essentially be a certain percentage of your income. However, we all recognize the fact that it is recommendable to set aside an amount of money that you want to save before moving on to spending. Generally, people will use savings in case of unexpected expenditure such as home repairs, medical fe...

  Passive income is that money you can earn without having to put a lot of strain. In the quest to achieve financial freedom, it is always a ripe idea to find one. For a long time, renting out property has been one great way of earning a passive income . You might not have all the money to possess that property before you move to lease it out. But that should not stop you from earning a passive income. It is now possible to find a great online investment that will earn you lucratively. Unlike properties, online business ideas require very little startup capital. Therefore, you have no reason why you should not start to earn money online today. Below are online business ideas that work well. Paid Directory Do you remember those yellow pages that you used to peruse as you search for a postal address? Forget about that conventional idea, it was good for that time. You can come up with a directory website that runs automatically. People add their details at a fee, where you com...

    The World Bank released a report evaluating the situation of doing business in 2020. It scrutinizes the regulations that favor business activities in the country and those that constrain it. Kenya emerged as no. 56 out of the 190 countries reviewed. The report checks on more than ten areas of a business life. Some of the areas include staring a business, property registration, tax payments, accessing electricity etc. Although the country declined by one position to number four in Africa, the overall ranking was an improvement by five positions. Such an improvement means that the country is ripe for business. The above-mentioned are matters to do with the environment, which are crucial for a successful online business. But on the side of you as an individual entrepreneur, there are things you need to be keen on so as to see the success of your idea. The first essential step before starting an online business is to have a plan. It is a road map to ensure you get where y...

In the last quarter of 2020, the Kenya Shilling has been on a sharp decline. On 30 th November, the currency fell beyond the 110 mark. It was trading at 110.07 which raised eyebrows among Kenyans. Some discussions imply that the currency should always be on the rise. But did you know that there is a positive and negative effect whenever the currency moves towards any direction? In short, none is better between a weak or a strong Kenya Shilling against the dollar depending on the context you look at it. Meaning, there are sectors that suffers a blow in case of any of the two situations.  Therefore, if the efforts are solely to make the Shilling strong, it could only serve the interests of particular sectors. And most of the time, that will be the import industry. On the other hand, majority of export dealings have an advantage in the case of a weak shilling. And that is where the Central Bank comes into play championing for a competitive exchange rate for balanced interest o...

The festive mood is everywhere in the atmosphere. And immediately after the season, there comes the reopening of learning institutions in Kenya. The COVID-19 pandemic came with its disruptions to the economy. It has led to a shrink in employment opportunities and closure of business. But at the same time, there are sectors that continue to thrive and even got a boost as more people shift to online opportunities. Thanks to the internet, several businesses are quick to embrace a change and moved to the online scene amidst social distancing and hindrances in travelling. Additionally, more people are realizing that indeed the internet holds the future . Many institutions have come to learn the fact, holding most of their meeting virtually. That is how 2020 has been a good year for Zoom, Skype etc. With the increases in internet accessibility in Kenya, in addition to smartphone penetration, lenders saw the opportunity in mobile lending. That is getting a loan at the comfort of your ha...