Property Stokvel Investment Club – Everything you need to Know

Property Stokvel Investment Club
Property Stokvel Investment Club

According to the platform,

“Property Stokvel Investment Club is founded on democratically aligned objectives & Principles that are mandated to assist members in creating wealth through investments in property and franchises. The Stokvel is founded by Nicolas Manyike and is administrated by Prospect Asset Management (PTY) LTD who formed, a structure out of the club members, who shall assist to the decision making of the club.

Nicolas says most stokvels are created to buy groceries, especially for the festive season and these Stokvels in South Africa is estimated to be worth R49 – R50 billion a year which goes to the supermarket and retail. As our people are not liberated financial the struggle continues.

“There’s no freedom without financial freedom, ownership of land and properties majority of black communities are still suffering the effects of apartheid”, says Nicolas.

Manyike says stokvels have been around for decades and most of them are sustainable. He believes the same method could be used to purchase properties, land and franchises.

Property is one of the largest asset classes in the world, investing in it may be the best way to take advantage of what is widely considered to be one of the most reliable and profitable investment vehicles. Property is known to appreciate in value over time,” he says.

The Property Stokvel Investment Club is guided by its constitution, laws, regulations and policies. The constitution covers the framework within the Property Stokvel Investment Club on how it shall operate; with the Administrator seeing the day to day operations of the Stokvel Club. The Property Stokvel Investment Club laws, policies and constitution shall be reviewed and changes will be made in consultation with members.”

On Why it chose property, the platform explained: “Property produces good medium to high returns with low risk unlike shares and the Stock market where you place all of your capital at risk. If something sounds too good to be true – it usually is and you could risk all of your capital, unlike our model that provides real, safe returns.

Revealing their vision, the platform wrote: “Our vision is to empower people who are serious about creating wealth, investing for the long term and who value wise investment guidance to create this wealth and in doing so, create a future for all our members and the next generation.

We strive to benefit our members with opportunities, not only by creating wealth through Property & franchise but also the opportunity to own their own homes”

So far we are yet to get any case of fraudulent activities with regards to this platform which is Property Stokvel Investment Club. Stay tuned as we will report any negative and positive news that will flow in about this platform.

22 Comments

  1. Spot on with this write-up, I really believe that this site
    needs much more attention. I’ll probably be back again to read more, thanks for the info!

  2. I like the helpful info you provide in your articles.

    I’ll bookmark your blog and check again here frequently. I am quite sure
    I’ll learn many new stuff right here! Best of luck for the next!

  3. I have learn a few good stuff here. Definitely worth bookmarking for revisiting. I wonder how so much attempt you set to make any such wonderful informative website.

  4. My spouse and I stumbled over here coming from a different web page and thought I may as well check things out.
    I like what I see so i am just following you. Look forward
    to exploring your web page yet again.

  5. Hello there! This is my 1st comment here so I just wanted togive a quick shout out and tell you I genuinely enjoy reading through your articles.Can you recommend any other blogs/websites/forums thatgo over the same subjects? Thanks a lot!

  6. I got what you intend, thanks for posting .Woh I am glad to find this website through google. “Spare no expense to make everything as economical as possible.” by Samuel Goldwyn.

  7. Thanks for the sensible critique. Me and my neighbor were just preparing to do some research about this. We got a grab a book from our local library but I think I learned more from this post. I am very glad to see such magnificent information being shared freely out there.

  8. Somebody essentially assist to make critically articles I’d state. That is the first time I frequented your website page and thus far? I surprised with the research you made to make this actual put up amazing. Wonderful task!

  9. You could definitely see your skills within the paintings you write. The arena hopes for more passionate writers such as you who are not afraid to say how they believe. At all times follow your heart. “He never is alone that is accompanied with noble thoughts.” by Fletcher.

Leave a Reply

Your email address will not be published.