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If this is true, then am super super poor!!
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UpcomingPaperChaser
#1 Posted : Thursday, December 17, 2015 10:21:55 PM
Rank: Member

Joined: 1/20/2015
Posts: 489
Location: Nairobi
According to Hardwood, a typical Wazuan:

Typical wazuan's wealth:

- Apartment/House in Nairobi - 20m
- Car - 1.5m
- Car ya bibi - 1m
- 3 plots kitengela/syokimau - 10m
- NSE shares - 1m
- 'X' acre Ancestral land ushago + rural house - 20m
- Employment income past 1yr- 200k per month = 2.4m pa

Total 56m.

So that is where a typical wazuan should be regarding "bare minimum" wealth.

What about if you are even an inch into achieving any one of those bare limits? (Impunity)
Enjoy every moment of your life, you never know when your time will come.
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Liv
#2 Posted : Friday, December 18, 2015 12:18:46 AM
Rank: Veteran

Joined: 11/14/2006
Posts: 1,311
UpcomingPaperChaser wrote:
According to Hardwood, a typical Wazuan:

Typical wazuan's wealth:

- Apartment/House in Nairobi - 20m
- Car - 1.5m
- Car ya bibi - 1m
- 3 plots kitengela/syokimau - 10m
- NSE shares - 1m
- 'X' acre Ancestral land ushago + rural house - 20m
- Employment income past 1yr- 200k per month = 2.4m pa

Total 56m.

So that is where a typical wazuan should be regarding "bare minimum" wealth.

What about if you are even an inch into achieving any one of those bare limits? (Impunity)



@Mr Paperchaser,
Don't worry about what Hardwood has written. What he didn't tell you is that he has worked for the last 15 years and number 1-4 in his list are still not fully paid for. He just gave you the one side of the balance sheet.
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obiero
#3 Posted : Friday, December 18, 2015 6:57:13 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,318
Location: nairobi
Liv wrote:
UpcomingPaperChaser wrote:
According to Hardwood, a typical Wazuan:

Typical wazuan's wealth:

- Apartment/House in Nairobi - 20m
- Car - 1.5m
- Car ya bibi - 1m
- 3 plots kitengela/syokimau - 10m
- NSE shares - 1m
- 'X' acre Ancestral land ushago + rural house - 20m
- Employment income past 1yr- 200k per month = 2.4m pa

Total 56m.

So that is where a typical wazuan should be regarding "bare minimum" wealth.

What about if you are even an inch into achieving any one of those bare limits? (Impunity)



@Mr Paperchaser,
Don't worry about what Hardwood has written. What he didn't tell you is that he has worked for the last 15 years and number 1-4 in his list are still not fully paid for. He just gave you the one side of the balance sheet.

My net wealth is below KES 20m, but rising steadily to reach the minimum wazua standard :) I have learnt alot here and genuinly thank this forum for sharpening my investment techniques
COOP, IMH, KEGN, KQ, MTNU
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newfarer
#4 Posted : Friday, December 18, 2015 7:08:15 AM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
obiero wrote:
Liv wrote:
UpcomingPaperChaser wrote:
According to Hardwood, a typical Wazuan:

Typical wazuan's wealth:

- Apartment/House in Nairobi - 20m
- Car - 1.5m
- Car ya bibi - 1m
- 3 plots kitengela/syokimau - 10m
- NSE shares - 1m
- 'X' acre Ancestral land ushago + rural house - 20m
- Employment income past 1yr- 200k per month = 2.4m pa

Total 56m.

So that is where a typical wazuan should be regarding "bare minimum" wealth.

What about if you are even an inch into achieving any one of those bare limits? (Impunity)



@Mr Paperchaser,
Don't worry about what Hardwood has written. What he didn't tell you is that he has worked for the last 15 years and number 1-4 in his list are still not fully paid for. He just gave you the one side of the balance sheet.

My net wealth is below KES 20m, but rising steadily to reach the minimum wazua standard :) I have learnt alot here and genuinly thank this forum for sharpening my investment techniques


If you have a networth of kshs 10 honestly acquired millions then you are among the richest Kenyans. Networth means asset less all loans.

If you earn a gross of 200000 in full employment that is a net of about 140000 how do you get to 56million networth if you are not a thief drug dealer or illuminati and still be in full employment as most wazuans are. Ndoto. Which rural house and ancestral land is worth 20million. That's a whole rural location if not Division .



Obiero can you loosely declare why you feel you are close to 20million without disclosing too much?
punda amecheka
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  | | Edit by user: Friday, December 18, 2015 7:19 AM | Reason: Not specified
Lolest!
#5 Posted : Friday, December 18, 2015 8:04:37 AM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Maybe hardwood works with Steve Mbogo!

We cannot assess how well one is doing wealthwise by just checkin their salary. There is the issue of age/how many years he has been earning. Also, what's the total employment income made?
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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newfarer
#6 Posted : Friday, December 18, 2015 8:11:49 AM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
Lolest! wrote:
Maybe hardwood works with Steve Mbogo!

We cannot assess how well one is doing wealthwise by just checkin their salary. There is the issue of age/how many years he has been earning. Also, what's the total employment income made?



Wazuans are typically 27 to 40yrs. So the most they have worked is 15years save guka and a few others. Remember we are told that less than 70000 the kenyans earn more than kshs 100000. These kenyans include wazuans.
If you saved the whole 100kpm for the 15years and survive on air you won't get the ksh56million bare minimum

Seems saccos/bank loans the are lying to us that we are filthy rich

punda amecheka
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  | | Edit by user: Friday, December 18, 2015 8:22 AM | Reason: Not specified
murchr
#7 Posted : Friday, December 18, 2015 8:43:59 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
newfarer wrote:
Lolest! wrote:
Maybe hardwood works with Steve Mbogo!

We cannot assess how well one is doing wealthwise by just checkin their salary. There is the issue of age/how many years he has been earning. Also, what's the total employment income made?



Wazuans are typically 27 to 40yrs. So the most they have worked is 15years save guka and a few others. Remember we are told that less than 70000 the kenyans earn more than kshs 100000. These kenyans include wazuans.
If you saved the whole 100kpm for the 15years and survive on air you won't get the ksh56million bare minimum

Seems saccos/bank loans the are lying to us that we are filthy rich



You dont get money from saving.

@hardwood gave a "typical" example its up to wazuans to gauge whether they are above or below the curve if you are to draw a distribution curve or scatter plot
"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
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Swenani
#8 Posted : Friday, December 18, 2015 9:08:46 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
newfarer wrote:
Lolest! wrote:
Maybe hardwood works with Steve Mbogo!

We cannot assess how well one is doing wealthwise by just checkin their salary. There is the issue of age/how many years he has been earning. Also, what's the total employment income made?



Wazuans are typically 27 to 40yrs. So the most they have worked is 15years save guka and a few others. Remember we are told that less than 70000 the kenyans earn more than kshs 100000. These kenyans include wazuans.
If you saved the whole 100kpm for the 15years and survive on air you won't get the ksh56million bare minimum

Seems saccos/bank loans the are lying to us that we are filthy rich



Guka has worked and invested for close to 40 years but he is only less than Kes 2 Mirrion
If Obiero did it, Who Am I?
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popat
#9 Posted : Friday, December 18, 2015 10:27:20 AM
Rank: Member

Joined: 12/2/2009
Posts: 299
Location: kenya
Swenani wrote:
newfarer wrote:
Lolest! wrote:
Maybe hardwood works with Steve Mbogo!

We cannot assess how well one is doing wealthwise by just checkin their salary. There is the issue of age/how many years he has been earning. Also, what's the total employment income made?



Wazuans are typically 27 to 40yrs. So the most they have worked is 15years save guka and a few others. Remember we are told that less than 70000 the kenyans earn more than kshs 100000. These kenyans include wazuans.
If you saved the whole 100kpm for the 15years and survive on air you won't get the ksh56million bare minimum

Seems saccos/bank loans the are lying to us that we are filthy rich



Guka has worked and invested for close to 40 years but he is only less than Kes 2 Mirrion
Can you substantiate that before Guka wakes up.Most people here are worth more than some of us would even imagine.
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Boris Boyka
#10 Posted : Friday, December 18, 2015 11:53:25 AM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
Swenani wrote:
newfarer wrote:
Lolest! wrote:
Maybe hardwood works with Steve Mbogo!

We cannot assess how well one is doing wealthwise by just checkin their salary. There is the issue of age/how many years he has been earning. Also, what's the total employment income made?



Wazuans are typically 27 to 40yrs. So the most they have worked is 15years save guka and a few others. Remember we are told that less than 70000 the kenyans earn more than kshs 100000. These kenyans include wazuans.
If you saved the whole 100kpm for the 15years and survive on air you won't get the ksh56million bare minimum

Seems saccos/bank loans the are lying to us that we are filthy rich



Guka has worked and invested for close to 40 years but he is only less than Kes 2 Mirrion

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Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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