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How did you make your first Kes million?
S.Mutaga III
#121 Posted : Sunday, November 04, 2012 12:00:48 PM
Rank: Member


Joined: 3/26/2012
Posts: 830
mawinder wrote:
SMutaga111,then you should know Wahinya.

who is Wahinya??
A successful man is not he who gets the best, it is he who makes the best from what he gets.
S.Mutaga III
#122 Posted : Sunday, November 04, 2012 12:04:22 PM
Rank: Member


Joined: 3/26/2012
Posts: 830
murchr wrote:
S.Mutaga III wrote:
Mine wasnt really making my first million,someone accidentally deposited 3.2million in my equity bank ac/....before I could even know what was happening,my account was frozen...i was able to access it after two days,but the money wasnt there of course...


Equity should compensate you for the disturbance and mental torture you underwent after seeing the many zeros disappear so soon. Laughing out loudly

trust me equity were so swift,the moment I got that eazy 24/7 with a large credit alert of 3.2m, I went to the nearest atm and alas!...account was inaccessible...if only they were this swift in processing orders of shares,i would be several millions rich.
A successful man is not he who gets the best, it is he who makes the best from what he gets.
Mukiri
#123 Posted : Sunday, November 04, 2012 9:36:32 PM
Rank: Elder


Joined: 7/11/2012
Posts: 5,222
S.Mutaga III wrote:
murchr wrote:
S.Mutaga III wrote:
Mine wasnt really making my first million,someone accidentally deposited 3.2million in my equity bank ac/....before I could even know what was happening,my account was frozen...i was able to access it after two days,but the money wasnt there of course...


Equity should compensate you for the disturbance and mental torture you underwent after seeing the many zeros disappear so soon. Laughing out loudly

trust me equity were so swift,the moment I got that eazy 24/7 with a large credit alert of 3.2m, I went to the nearest atm and alas!...account was inaccessible...if only they were this swift in processing orders of shares,i would be several millions rich.


But atleast you got interest for those days, sema tu ukweli

Proverbs 19:21
earthvoice
#124 Posted : Sunday, November 04, 2012 10:30:52 PM
Rank: Member


Joined: 1/29/2011
Posts: 257
Mukiri wrote:
S.Mutaga III wrote:

trust me equity were so swift,the moment I got that eazy 24/7 with a large credit alert of 3.2m, I went to the nearest atm and alas!...account was inaccessible...if only they were this swift in processing orders of shares,i would be several millions rich.


But atleast you got interest for those days, sema tu ukweli

Laughing out loudly Laughing out loudly Laughing out loudly
"All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
sparkly
#125 Posted : Monday, November 05, 2012 6:55:04 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
S.Mutaga III wrote:
murchr wrote:
S.Mutaga III wrote:
Mine wasnt really making my first million,someone accidentally deposited 3.2million in my equity bank ac/....before I could even know what was happening,my account was frozen...i was able to access it after two days,but the money wasnt there of course...


Equity should compensate you for the disturbance and mental torture you underwent after seeing the many zeros disappear so soon. Laughing out loudly

trust me equity were so swift,the moment I got that eazy 24/7 with a large credit alert of 3.2m, I went to the nearest atm and alas!...account was inaccessible...if only they were this swift in processing orders of shares,i would be several millions rich.

Beware this could have been money laundering at work. Someone "accidentally" transfers dirty money to your account then asks you or arranges with the bank to have it routed to their "clean" account.
Life is short. Live passionately.
254.co.ke
#126 Posted : Monday, November 05, 2012 9:44:32 AM
Rank: Member


Joined: 11/17/2006
Posts: 143
Took a Sacco loan of 1.2M, and for a week, before the cash found its way to the intended use, I counted myself a millionaire...Anyway im yet to hit there.


As @Sparkly has pointed out, S.M.III should have taken this matter very seriously, over the weekend i was reading an Financial Action Task Force (FATF) report on how money laundering is perpetrated and this is one trick used to wade off the smell of bad money.i wonder how Equity did this without even caring to inform you that it was a mistake.I once deposited 70K for a biz deal to a known Barclay's account before the dude changed his mind and can tell , to get them revert it was a process. Be very afraid
mawinder
#127 Posted : Monday, November 05, 2012 10:17:29 AM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
Sparkly that is not money laundering.
King G
#128 Posted : Monday, November 05, 2012 5:06:45 PM
Rank: Elder


Joined: 6/20/2012
Posts: 3,855
Location: Othumo
mawinder wrote:
Sparkly that is not money laundering.


But crediting your account without your knowledge and then the amount is swiftly debited either with exact amount or smaller ammounts equal to original amount can be money laudering especially if supervisors are involved.
Thieves
King G
#129 Posted : Monday, November 05, 2012 5:08:39 PM
Rank: Elder


Joined: 6/20/2012
Posts: 3,855
Location: Othumo
repeated
Thieves
King G
#130 Posted : Monday, November 05, 2012 5:11:15 PM
Rank: Elder


Joined: 6/20/2012
Posts: 3,855
Location: Othumo
S.Mutaga III wrote:
mawinder wrote:
SMutaga111,then you should know Wahinya.

who is Wahinya??


Wahinya is all over the papers, wazua, internet. just google peter wahinya
Thieves
YoungMulla
#131 Posted : Monday, November 05, 2012 8:45:08 PM
Rank: Member


Joined: 3/14/2012
Posts: 577
Location: Nairobi Kenya
very helpful thread...
Before I die - i will touch the sky!!
iller
#132 Posted : Wednesday, May 15, 2013 2:14:37 PM
Rank: Member


Joined: 3/25/2013
Posts: 552
Location: Asgard
richdad wrote:
Are there no more new first millions being made?

murchr
#133 Posted : Wednesday, May 15, 2013 8:18:44 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
When i was in campus, a few friends were buying maize and transporting it to S.Sudan, so i decided why not try out with them? Due to the fear i had on my pops esp when it came to money, i decided why not go to mum and ask her for some loan, she decided to borrow 100k from her chama after promising that i would refund the money during the course of the year, well...I started by going to Ukambani, bought maize and beans from farmers who were willing to sell(many dont have a way to store the grains esp after a bumper harvest)At times I bought a 90kg sack of maize at 500/-. Note: when there's alot of rain its Ukambani that benefits the most, the well known bread baskets usually don't do well in these times.

I refunded the money by the end of the year as promised and did this for 2 years with time including wheat and rice. By the age of 25 1M bob did not look like a big thing
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
marex
#134 Posted : Wednesday, May 15, 2013 10:55:04 PM
Rank: Member


Joined: 10/4/2007
Posts: 656
Through academic writing. Writing campus assignments for rich American and British Kids at 20$ per page. It did not even take me 3 months
The way I am
iller
#135 Posted : Thursday, May 16, 2013 11:36:50 AM
Rank: Member


Joined: 3/25/2013
Posts: 552
Location: Asgard
murchr wrote:
When i was in campus, a few friends were buying maize and transporting it to S.Sudan, so i decided why not try out with them? Due to the fear i had on my pops esp when it came to money, i decided why not go to mum and ask her for some loan, she decided to borrow 100k from her chama after promising that i would refund the money during the course of the year, well...I started by going to Ukambani, bought maize and beans from farmers who were willing to sell(many dont have a way to store the grains esp after a bumper harvest)At times I bought a 90kg sack of maize at 500/-. Note: when there's alot of rain its Ukambani that benefits the most, the well known bread baskets usually don't do well in these times.

I refunded the money by the end of the year as promised and did this for 2 years with time including wheat and rice. By the age of 25 1M bob did not look like a big thing

marex wrote:
Through academic writing. Writing campus assignments for rich American and British Kids at 20$ per page. It did not even take me 3 months

Impressive!
mawinder
#136 Posted : Thursday, May 16, 2013 11:47:00 AM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
marex wrote:
Through academic writing. Writing campus assignments for rich American and British Kids at 20$ per page. It did not even take me 3 months

Welcome back.What about the cross border trade,how did it go?
nakujua
#137 Posted : Thursday, May 16, 2013 3:01:20 PM
Rank: Elder


Joined: 12/17/2009
Posts: 3,583
Location: Kenya
a few months salary
Ngong
#138 Posted : Thursday, May 16, 2013 9:38:11 PM
Rank: Veteran


Joined: 11/17/2012
Posts: 1,461
Location: Ngong Forest
How is forex biz done?
Buy dollar sell dollar kind of thing?
jerry
#139 Posted : Thursday, May 16, 2013 11:52:37 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
Ngong wrote:
How is forex biz done?
Buy dollar sell dollar kind of thing?

If you have Kes think of the others as commodities you want to buy and sell later!
The opposite of courage is not cowardice, it's conformity.
Tokyo
#140 Posted : Friday, May 17, 2013 2:40:41 AM
Rank: Veteran


Joined: 10/9/2006
Posts: 1,502
Does a million kshs still have allure and entice it enjoyed few years ago?
How you got your first 5 million kshs .....
work to prosper
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