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How did you make your first Kes million?
mapozi
#61 Posted : Sunday, July 24, 2011 1:39:32 PM
Rank: Member

Joined: 4/21/2011
Posts: 119
Hey wazuans, Wow! I havent started investing but I am saving up to do that starting next year. I hope to have saved up 20,000 by then. I know that sounds too little but I am also saving up to move out. I have a child. Anyway I am interested in stocks. Which is the best way to go about it? Do I have to go through brokers?
Cde Monomotapa
#62 Posted : Sunday, July 24, 2011 1:53:28 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
mapozi wrote:
Hey wazuans, Wow! I havent started investing but I am saving up to do that starting next year. I hope to have saved up 20,000 by then. I know that sounds too little but I am also saving up to move out. I have a child. Anyway I am interested in stocks. Which is the best way to go about it? Do I have to go through brokers?

Congrats on ur initiative to save up to invest and I wish U much success. What u start with is not as important as consistency thereafter. Discipline & stick to YOUR plan. Being rich is relative anyway. U'll need a broker to invest on the NSE. So the question to be asked is who are best.
mapozi
#63 Posted : Sunday, July 24, 2011 2:41:04 PM
Rank: Member

Joined: 4/21/2011
Posts: 119
Cde Monomotapa wrote:
mapozi wrote:
Hey wazuans, Wow! I havent started investing but I am saving up to do that starting next year. I hope to have saved up 20,000 by then. I know that sounds too little but I am also saving up to move out. I have a child. Anyway I am interested in stocks. Which is the best way to go about it? Do I have to go through brokers?

Congrats on ur initiative to save up to invest and I wish U much success. What u start with is not as important as consistency thereafter. Discipline & stick to YOUR plan. Being rich is relative anyway. U'll need a broker to invest on the NSE. So the question to be asked is who are best.

so who are the best?
kiterunner
#64 Posted : Sunday, July 24, 2011 3:12:54 PM
Rank: Member

Joined: 7/9/2011
Posts: 730
Location: Nairobi
@mapozi congrats for making your decision to start saving, the NSE is a good place to start. I would recommend CFC for brokers but there 19 others to choose from. look them p on the NSE website
our goals are best achieved indirectly
kiterunner
#65 Posted : Sunday, July 24, 2011 3:15:28 PM
Rank: Member

Joined: 7/9/2011
Posts: 730
Location: Nairobi
Genghis Khan's story inspires me on this thread. It s amazing what you were upto in campus while some of us were still boozing (I was in campus at same time as you). I have not made a million yet but i found this thread inspiring by the age at which wazuans made their first M, Incredible stuff
our goals are best achieved indirectly
QW25071985
#66 Posted : Sunday, July 24, 2011 4:11:56 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
drzhivago wrote:
At 24 (10 years ago), I cleared campus and made a list of things that I wanted to achieve in life (both short and long term). And by the way, this was not just financial … included other aspects of life as well (education, family etc). I studied it every day for a long while then forgot about it. I started hustling here and there, then got a scholarship and went away for masters, came back, got a relatively good job and got married. We are both disciplined savers and investors, and we give away a lot of our money too (not to the church) … somehow it finds its way back. never really were the type to live fast lives (used to do that in campus as I had other sources of revenue, but I grew up). Right now we are worth just above 15 million in savings and investments (and debt free)and have regular jobs that bring in good monthly income. It’s amazing how some things just stick in your mind and guide the general direction that you take in life. The list is not yet exhausted but the life am living now to a very large extent bears a striking resemblance to what was on it those many years back.


you cannt be that mean to God who has given you so much ....just a thought
Gordon Gekko
#67 Posted : Sunday, July 24, 2011 4:29:27 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
kiterunner wrote:
Gordon gecko's story inspires me on this thread. It s amazing what you were upto in campus while some of us were still boozing (I was in campus at same time as you). I have not made a million yet but i found this thread inspiring by the age at which wazuans made their first M, Incredible stuff

I don't remember contributing to this thread smilesmilesmilesmile
esthershirley
#68 Posted : Sunday, July 24, 2011 6:10:10 PM
Rank: New-farer

Joined: 6/8/2011
Posts: 20
Hii Wazuans,
I havent make it solid cash but have been wise to divert it to properties, and stock. Since Late last year have acquired 5 properties in different areas and currently netting over 50k monthly through network marketing. I am optimistic I will hit million very soon cos my network is really growing and the bigger it gets more income. my link

http://www.infinitydownline.com/?id=triads
onmywaytowealth
#69 Posted : Sunday, July 24, 2011 6:54:08 PM
Rank: New-farer

Joined: 7/4/2011
Posts: 24
IT'd wrote:
My journey was kind of untraditional(in the typical kenyan scenario i.e) it happened online.I cleared high school and during that 1 year out I didn't go to any 'killing time' colleges,Instead I started visiting online forums,IRC channels and basically I became a very heavy internet user.I didn't have a computer at the time so the only way to access the internet was through my phone(it was a nokia n80).Eventually after seeing it all,I decided I also wanted to make money online like the people I used to interact with.Today I can say that am glad unlike most of my peers,I knew earlier that the internet was bigger than going to facebook to poke people and like status updates.So with that phone(you may chose to believe me or not)I created simple web pages that made me the 1st and 2nd payment as is in the screenshot below(read in an ascending order).

In those early days things were tough,I had sleepless nights,had to work like a horse,and nearly did give up(that first check you see of $215 which is ~ ksh.20,000 was for money generated over 4 months so technically I was making less than a maids salary working at times for upto 20hrs/day)
Frankly I dunno what kept me holding on but as you can see my resilience eventually paid off.That screenshot right there is exactly my journey to my 1st million,I've already done my second and it's only been 8 months.Am becoming better at this and it makes me happy that am using my own talent to take myself to the top.I made a thread a while back about wanting to be a multibillionaire by 30 and right now,that doesn't feel unrealistic at all.

in summary:
-Keep a positive mind(this is everything)
-A pure heart(when choosing who to bless,God doesn't look at your church attendance record,He looks at your heart,that's why you see very rich 'ungodly' people whom if you look closer turn out to be very philanthropic and very poor 'godly' people who haven't yet unlocked this secret...also here compassion is everything).

-This I came to learn the other day,unless someone shows you a clear and precise manner in which they intend to repay you a debt,do not lend them anything....I've loaned out some ~100,000 and so far I've only been repaid sh.500 so you can imagine.

-That is basically my story..gotta get back to work.
-

Are you still there? What is it that you do exactly? Kindly share.
kiterunner
#70 Posted : Sunday, July 24, 2011 9:17:38 PM
Rank: Member

Joined: 7/9/2011
Posts: 730
Location: Nairobi
Gordon Gekko wrote:
kiterunner wrote:
Gordon gecko's story inspires me on this thread. It s amazing what you were upto in campus while some of us were still boozing (I was in campus at same time as you). I have not made a million yet but i found this thread inspiring by the age at which wazuans made their first M, Incredible stuff

I don't remember contributing to this thread smilesmilesmilesmile



Sorry GG i mixed up yoour name with Genghis Khan, my bad I will edit it ASAP
our goals are best achieved indirectly
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