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SHARES versus REAL ESTATE
sparkly
#41 Posted : Tuesday, June 22, 2010 4:37:11 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
kenstat wrote:
Wa_ithaka wrote:
Warren Buffet & Geroge Soros (both 80); Chris Kirubi (60s?);Aly Khan (50s?) would all tell you where to get off if you told them not to dabble in shares?


Well, yes, if you are a billionaire/millionaire/person of means. The average person who is depending on their portfolio to generate income for retirement will be taking a risk by putting it 100% in stocks when close to retirement.I work with atleast 6 people who have pushed their retirement out 3-5 years because of the market meltdown a couple of year ago.

If you are a billionaire, there is really no need to "retire", your maney keeps working....


What you mean if you are a billionaire, how many people are born billionaires?
Life is short. Live passionately.
kenstat
#42 Posted : Tuesday, June 22, 2010 4:39:46 PM
Rank: New-farer


Joined: 12/31/2009
Posts: 43
Location: Tundra
sparkly wrote:
kenstat wrote:
Wa_ithaka wrote:
Warren Buffet & Geroge Soros (both 80); Chris Kirubi (60s?);Aly Khan (50s?) would all tell you where to get off if you told them not to dabble in shares?


Well, yes, if you are a billionaire/millionaire/person of means. The average person who is depending on their portfolio to generate income for retirement will be taking a risk by putting it 100% in stocks when close to retirement.I work with atleast 6 people who have pushed their retirement out 3-5 years because of the market meltdown a couple of year ago.

If you are a billionaire, there is really no need to "retire", your maney keeps working....


What you mean if you are a billionaire, how many people are born billionaires?


What's your point?
kyt
#43 Posted : Tuesday, June 22, 2010 8:49:50 PM
Rank: Elder


Joined: 11/7/2007
Posts: 2,182
kensat you cant be that dumb! surely.
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
kenstat
#44 Posted : Wednesday, June 23, 2010 2:39:09 AM
Rank: New-farer


Joined: 12/31/2009
Posts: 43
Location: Tundra
kyt wrote:
kensat you cant be that dumb! surely.


Shame on you

No sir. Are you?

My 2 cents
#45 Posted : Wednesday, June 23, 2010 9:58:54 AM
Rank: Veteran


Joined: 6/2/2010
Posts: 1,066
kenstat wrote:
kyt wrote:
kensat you cant be that dumb! surely.


Shame on you

No sir. Are you?


Easy, easy......do we need to call the french referee for you two?
sparkly
#46 Posted : Wednesday, June 23, 2010 11:28:53 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
kenstat wrote:
sparkly wrote:
kenstat wrote:
Wa_ithaka wrote:
Warren Buffet & Geroge Soros (both 80); Chris Kirubi (60s?);Aly Khan (50s?) would all tell you where to get off if you told them not to dabble in shares?


Well, yes, if you are a billionaire/millionaire/person of means. The average person who is depending on their portfolio to generate income for retirement will be taking a risk by putting it 100% in stocks when close to retirement.I work with atleast 6 people who have pushed their retirement out 3-5 years because of the market meltdown a couple of year ago.

If you are a billionaire, there is really no need to "retire", your maney keeps working....


What you mean if you are a billionaire, how many people are born billionaires?


What's your point?


Dude, when talking investment 1 Bob is as important as 1 Billion. The same rules that are involved in growing the 1 Bob apply to the Billion.

Whether your corpus is worth 100K or 100B you need to make your money work for you.

Caveat: i am not taking anything from your opinions, Of course you are entitled to them. ploease try to restrain yourself from lashing out with tirades.
Life is short. Live passionately.
kenstat
#47 Posted : Wednesday, June 23, 2010 1:15:38 PM
Rank: New-farer


Joined: 12/31/2009
Posts: 43
Location: Tundra
[/quote]


Dude, when talking investment 1 Bob is as important as 1 Billion. The same rules that are involved in growing the 1 Bob apply to the Billion.

Whether your corpus is worth 100K or 100B you need to make your money work for you.

Caveat: i am not taking anything from your opinions, Of course you are entitled to them. ploease try to restrain yourself from lashing out with tirades.
[/quote]


Laughing out loudly Laughing out loudly
Where am I lashing out and where is the tirade? I thought we were all taught comprehension in our younger years?


Anyway either you missed my point or did not read what I was writing. My point is IF you are a kawaida mwananchi, nearing "retirement" age AND you are depending on your Ka portfolio to provide the income for the sunset years, it behooves you to diversify some of your stock holdings to assets where the entire principle is not exposed.

If the market tanks, it will come back. But for someone nearing retirement,with no other income source this may mean working longer while the portfolio recovers. My underlying assumption again is if you are depending in this maney to fund your retirement.

As to your point, well duh! I suppose this last statement will qualify as a tirade now?
sparkly
#48 Posted : Wednesday, June 23, 2010 1:30:44 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
kenstat wrote:



Dude, when talking investment 1 Bob is as important as 1 Billion. The same rules that are involved in growing the 1 Bob apply to the Billion.

Whether your corpus is worth 100K or 100B you need to make your money work for you.

Caveat: i am not taking anything from your opinions, Of course you are entitled to them. ploease try to restrain yourself from lashing out with tirades.
[/quote]


Laughing out loudly Laughing out loudly
Where am I lashing out and where is the tirade? I thought we were all taught comprehension in our younger years?


Anyway either you missed my point or did not read what I was writing. My point is IF you are a kawaida mwananchi, nearing "retirement" age AND you are depending on your Ka portfolio to provide the income for the sunset years, it behooves you to diversify some of your stock holdings to assets where the entire principle is not exposed.

If the market tanks, it will come back. But for someone nearing retirement,with no other income source this may mean working longer while the portfolio recovers. My underlying assumption again is if you are depending in this maney to fund your retirement.

As to your point, well duh! I suppose this last statement will qualify as a tirade now?[/quote]

If i get you right, you are saying that if the market tanked, it would not affect people like WB.

Do you have a n idea of how many wealthy americans committed suicide after the great dpresssion?
Life is short. Live passionately.
mthaka
#49 Posted : Thursday, April 16, 2015 4:49:17 PM
Rank: Member


Joined: 9/30/2013
Posts: 254
land anytime
bomet_investor
#50 Posted : Thursday, April 16, 2015 7:03:29 PM
Rank: Hello


Joined: 3/7/2015
Posts: 8
Shares over the LONGTERM outperform all other investments, off course with the proper asset allocation to minimize risks and maximise gains. I disagree about 1 bob vs 1 billion being the same, the 1 billion guy can get a seat in the board and be privy to information that is not in the public domain which will give him an edge over the 1 bob guy.
Dawnwoods
#51 Posted : Thursday, April 16, 2015 7:30:01 PM
Rank: New-farer


Joined: 5/22/2014
Posts: 56
@Kenstat..I understood what you meant and you are right on point.
streetwise
#52 Posted : Thursday, April 16, 2015 9:42:15 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
It is probably easier to become a stock billionaire than a land owner worth s billion
S.Mutaga III
#53 Posted : Thursday, April 16, 2015 9:46:06 PM
Rank: Member


Joined: 3/26/2012
Posts: 830
This is a very broad question. It all boils down to the expected return on investment from either. Some investments in real estate, especially commercial property have very lucrative returns and low risks which makes them better than stocks. Also, in a bear market, it is possible to collect a basket of blue chips yielding 10%+ in dividends. It all boils down to the best deals you have on a table and the depth of your pocket. Follow the money...not the industry. The best way to decide is to bring two deals to the table, which you believe are within your budget and are the best in either form of investment. Then do your math. Sometimes real estate wins, sometimes stocks wins.
A successful man is not he who gets the best, it is he who makes the best from what he gets.
Sufficiently Philanga....thropic
#54 Posted : Thursday, April 16, 2015 10:18:54 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,220
Location: Sundowner,Amboseli
A friend of mine is just concluding selling land that he bought in 2009 at ten times the buying price. But he tells me he has made more in stocks.
@SufficientlyP
Sober
#55 Posted : Thursday, April 16, 2015 10:49:22 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
streetwise wrote:
It is probably easier to become a stock billionaire than a land owner worth s billion


True, and one can become rich by learning how to trade stocks by reading. For you to be very rich via land requires learning by experience.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
UpcomingPaperChaser
#56 Posted : Thursday, April 16, 2015 11:06:05 PM
Rank: Member


Joined: 1/20/2015
Posts: 489
Location: Nairobi
Sufficiently Philanga....thropic wrote:
A friend of mine is just concluding selling land that he bought in 2009 at ten times the buying price. But he tells me he has made more in stocks.


If this is true, then your friend is stinking rich!!
Enjoy every moment of your life, you never know when your time will come.
derick
#57 Posted : Friday, April 17, 2015 12:01:19 AM
Rank: Member


Joined: 1/10/2015
Posts: 411
UpcomingPaperChaser wrote:
Sufficiently Philanga....thropic wrote:
A friend of mine is just concluding selling land that he bought in 2009 at ten times the buying price. But he tells me he has made more in stocks.


If this is true, then your friend is stinking rich!!

Your income is directly related to your philosophy, Not the economy.-Jim Rohn
derick
#58 Posted : Friday, April 17, 2015 12:13:07 AM
Rank: Member


Joined: 1/10/2015
Posts: 411
kenstat wrote:
sparkly wrote:
kenstat wrote:
Wa_ithaka wrote:
Warren Buffet & Geroge Soros (both 80); Chris Kirubi (60s?);Aly Khan (50s?) would all tell you where to get off if you told them not to dabble in shares?

The
Well, yes, if you are a billionaire/millionaire/person of means. The average person who is depending on their portfolio to generate income for retirement will be taking a risk by putting it 100% in stocks when close to retirement.I work with atleast 6 people who have pushed their retirement out 3-5 years because of the market meltdown a couple of year ago.

If you are a billionaire, there is really no need to "retire", your maney keeps working....


What you mean if you are a billionaire, how many people are born billionaires?


What's your point?

Your income is directly related to your philosophy, Not the economy.-Jim Rohn
murchr
#59 Posted : Friday, April 17, 2015 12:23:13 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Sufficiently Philanga....thropic wrote:
A friend of mine is just concluding selling land that he bought in 2009 at ten times the buying price. But he tells me he has made more in stocks.


I wonder what stock would have made him richer 10 times if he bought it in 2009
"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
.
jawgey
#60 Posted : Friday, April 17, 2015 7:41:05 AM
Rank: Member


Joined: 1/13/2014
Posts: 386
Location: Denmark
murchr wrote:
Sufficiently Philanga....thropic wrote:
A friend of mine is just concluding selling land that he bought in 2009 at ten times the buying price. But he tells me he has made more in stocks.


I wonder what stock would have made him richer 10 times if he bought it in 2009


I don't think he's been holding on to one stock.. He must be a wise trader
Seeing is believing
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