 Investa space and do you work with the team? So let me explain a bit about investor space and so in 2019 December also add another moment and we thought why not teach, I was in my family, why not teach people how to invest and get them to become financially literate and we said a club of my friends, Samuel, my brother Clement, a lady called Wangoye Faisal investor club in the same, became very active and then corona happened and I was like let me, all these have learnt in the last 3 years extreme research numbers and invested in 2018 then we teach to someone at a very cheap price so we said the investor space where you teach someone the details from the knowing water shares and everything how the market works going through analysis, valuations, research everything about the market from beginning to the end and it's now, we saw people one through, one seminar we saw people through helping them to save at a good interest rate of 85% and then for the shares class the investor space, you learn and get to learn get contacts out of opening own investment account, legitimate brokerage companies you learn how to invest, how to hold your companies how to look at market analysis so that you fully prepared to invest and everyone who has joined the class I remember when I started the class it was fully refundable because I wasn't sure why people loved it and guys were so happy not even one single person asked for refund and so I continued increasing it and improving it as I studied and right now we are a team of three and now it's getting better and better there's more value, there's more content and we're just growing for me, when you guys started look at the save women away and also the investor space what is the market gap that you saw when it comes to to whatever you're doing and what is your target market by the way my target market is youth and there's power in numbers you see we were doing some numbers and you see if 50 youth just 50 contribute 100 book per week in an entire year they'll have saved over 200,000 that's the power raising capital together and so I realized youth have money people go out a lot people spend a lot people buy a lot of amazing clothes people buy a lot of everything but then we don't invest and more so we don't invest in our own country where there are amazing companies and amazing opportunities and so that's my market that's my target market because the youth have opportunities that they don't realize they have capital that they can utilize and they also want the youth to grow their finances and their futures that's actually an impressive and actually a good way to go about it but let's also look at the situation about we have young people who are not privileged enough to gain this financial literacy or even not background in financial in finance that is even people can help them out and they're dealing with pressure when it comes to just financial aspect of it pressure like when it comes to education maybe I feel like I need to take another degree or even family matters there's also the pressure of marriage or just taking care of your family back at home so how do you balance that when it comes to saving or even investment when you're going on the field and just talking to this young people I know it's tough some people have it rough but then the most important thing is for you to have a good plan and that's the way you can be able to better handle your situations you see saving even 100 or even 50 it grows over time and I know it's tough for people but then one is they need to to really have a good plan to know the opportunities you see when you invest in shares it's passive once you buy shares, forget about them and you can focus on you being a journalist and you keep on working and that way you can even have extra income to supplement some other needs and once you grow and realize these opportunities people can make careers out of it through investment can make careers out of it they can put an investment and it grows for them I mean all people can reach through the stock market because it's where buyers and sellers meet and you get invested in one of them so it's an opportunity sometimes investment is a luxury for some but then the goal is even if you're in a tough position try to work hard and get a point where you can invest and which play your money and speaking about investment being a luxury to some some people even the mentality because when you think about investment look about probably investing in real estate most people think that way so probably you can break it down for us when it comes to investment what sort of opportunities are there for young people you see the thing is for you to buy safari kumshayas you only need $3,700 but to buy cooperative shares you only need $1,200 so investment is not expensive because someone had shares in safari kumshayas they were like are you Kriskirugi and see it's cheap but then the thing is one you can invest in shares great companies safari kum DABL, Centrum and you can also invest in digital currencies like Bitcoin and money markets and Ethereum can invest in money markets and they can invest for you you can invest in you can also invest in gold in the stock market in Kenya you know that you can actually invest in gold you don't have to buy a gold or to invest in an apartment somewhere you can actually buy shares in gold tomorrow morning so would you say that in all falls and the building capacity and also financial literacy building capacity knowing what actually matters pertaining finance and everything yes there are so many opportunities to invest can invest in a small business can invest in your friend maybe as a PS place can invest in that so the thing is to understand the investment opportunities around you and so you can utilize some of them so with access to different apps that actually lend loans and young people just having this particular opportunity so when would you say it's the right time to go for a loan or even borrow consider that most of us most of young people actually they are running away from paying this particular loans because the installments they skyrocket and will be like for me I would say don't take this mobile loans they have very high interest rates till they preach your money and they have a lot of pressure and say if you can try small loans it's better to go for maybe a bank loan or at a cheaper rate from a relative because these mobile loans they have a risk because many people don't pay them and so for these companies to account for this risk they charge very high rates can be paying 15% every month to mean that in 6 months you will pay almost the entire amount but one can argue that I can borrow from this particular app and move to another really like actually held accountable because it's easy it's flexible it's not prudent one it's not the numbers don't make sense and also there's no ethics because you'll be put in the next 5 years you cannot take a loan just because of just of being cheeky so when it comes to the club that you guys have when it comes to the investment space who is eligible to be part of you guys anyone anyone who wants to learn about shares and investment and to be guided on how to look at companies how to analyse a company how to research how to various investment strategies and everything anyone is eligible the class is only 1000 I made it in Rechip for over 50 contents of material 3 investment books can ask any questions it's a great company so that you can open an account it shows you how to invest for yourself and can even ask me what I have invested in and I tell them so it's anyone and I've had old guys and I've also had young guys I think from 16 to about maybe 32 so anyone can join if they want to learn it's a very wonderful class it's live and it's just amazing and for someone who's watching this conversation and they're wondering how they are interested actually to be on the other side of where you are who's actually running the show when it comes to finance they have probably information about finance and they want to start off similar kind of a business so what would be your advice I'd say the result of opportunity just needs to fortune favors the board just needs to start get something you see if you're offering someone value offer it to someone make it a business and so if you feel like you can advise someone you can actually help someone invest can actually help someone manage your money maybe keep them accountable give them a financial plan can even help people pay their taxes can help people like do their KRE the trimitances or something there's so much you can do can help people do accounting for their business so start, ask people do you want this the best way to do is to ask and to offer it if people love it, go fully with it and the most effective delivery channels that you use to reach out to the young people so for me, you can follow me on Instagram at www.clarent.com you can also follow the investor's space on Instagram page we said it recently www.clarent.com I'm on Facebook called Clarence Solomon and my number is 0756-490-192 0756-490-192 what's the future looking like when it comes to the investor space the future is great and it's bright and I just pray that God bless us so much so that it can impact as many people and then we really want to do to get bigger and better and get as many people to invest when they are because the results show if I can give a story when Safarecom started in 2008 one share was going for five shillings and our president our former president Kibaki bought one million shares so he used five million so one million shares at five shillings per share five million right now, Safarecom is at 37 and so that his wad is now at 7 million but over those 12 years he's gotten dividends for about 14 14 times one million shares that's about 51 million and if he compounded his shares meaning if he got his dividends and he bought more shares it would be wad over 60 million so five million to over 60 million in a period of maybe 12 years that shows even ways you can grow your wealth over time he just bought them and he's now maybe playing golf or talking to his grandkids during travel so that's the power of investment it's good to start now, we have time Michelle Young guys is a fortune fiver the bold chooses today so go there take on risk think big and try your best alright thank you very much for creating time to be with us thank you so much Michelle you're very much welcome and we will talk about understanding youth and their financial needs and I hope you have learned one or two things when it comes to matters pertaining finance and actually investing at Y254 channel you can find us across all our social media handles at Michelle you can find me across all my social