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1m invested near Nairobi 10yrs ago now worth 8.5m
tom_boy
#11 Posted : Friday, January 25, 2019 9:12:23 PM
Rank: Member

Joined: 2/20/2007
Posts: 767
Once bought a buloti for 70k and sold for 3m 10yrs later.
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
tom_boy
#12 Posted : Friday, January 25, 2019 10:17:07 PM
Rank: Member

Joined: 2/20/2007
Posts: 767
Does the increase in value of rentals factor in the rental income received over the 10yrs. I feel this report is specifically created with an agenda in mind. An investor is concerned about overall return over a time period. Not just value at beginning and at end. I dont see how bonds are at par with rental property when you consider effect of inflation on your bond principle.
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
LosAngeles~254
#13 Posted : Saturday, January 26, 2019 2:22:14 PM
Rank: New-farer

Joined: 1/6/2019
Posts: 34
Location: L.A. 90010
Thanks for this post! Look at all these inspiring stories! I'm obsessed by real estate investment and appreciation values in Kenya. Honestly i think anyone dabbling their little capital in the unspredictable NSE or NYSE or any stock exchange is nuts. If you're already wealthy then you can risk some in stocks, but if you only have 2bob, land offers the most certain way to grow wealth. @SMutaga....Safaricom is just one company, you would have had to select it out of hundreds of companies to do that well. Also the temptation to sell is always greater with stocks like if you lose your job or need cash ASAP, land is not as easily liquidated so we tend to hold it longer thru the ups & downs of life. Why would you gamble your 2 coins in unpredictable stocks when you have affordable land all around you that's GUARANTEED to make you wealthy in due time? You don't have to do analysis with land, all of it will appreciate. Just in varying degrees of appreciation. But All areas do appreciate. Tunawapenda lakini. See you in 20 years especially watu wa forex na bitcoins 😂😂Laughing out loudly
God. Real Estate. Fast Cars. Hot Chicks. Philanthropy.
MugundaMan
#14 Posted : Sunday, January 27, 2019 4:15:26 AM
Rank: Elder

Joined: 1/8/2018
Posts: 2,212
Location: DC (Dustbowl County)
LosAngeles~254 wrote:
Thanks for this post! Look at all these inspiring stories! I'm obsessed by real estate investment and appreciation values in Kenya. Honestly i think anyone dabbling their little capital in the unspredictable NSE or NYSE or any stock exchange is nuts. If you're already wealthy then you can risk some in stocks, but if you only have 2bob, land offers the most certain way to grow wealth. @SMutaga....Safaricom is just one company, you would have had to select it out of hundreds of companies to do that well. Also the temptation to sell is always greater with stocks like if you lose your job or need cash ASAP, land is not as easily liquidated so we tend to hold it longer thru the ups & downs of life. Why would you gamble your 2 coins in unpredictable stocks when you have affordable land all around you that's GUARANTEED to make you wealthy in due time?Applause Applause Applause You don't have to do analysis with land, all of it will appreciate. Just in varying degrees of appreciation. But All areas do appreciate. Tunawapenda lakini. See you in 20 years especially watu wa forex na bitcoins 😂😂Laughing out loudly
Laughing out loudly Because you cannot teach an old dog new tricks my broda. Street smart intelligence means being willing to bend with the wind when it is against you at gale force levels. I told Mutaga some weeks back that I was once him. Calculating ratios furiously and sifting through annual reports like a Nazi and making 20% returns on stocks thinking I was very smart. Until I saw very ordinary people racking crazy returns in the land/property sector in Kiinya over and over again without breaking a sweat. The man with the rungu from Sacho is a good example of this street smart intelligence. He always read the signs of the time and could dramatically reverse position when he sensed the wind was clearly against him. This is why he lasted a whopping 24 years. The only time he did not do this was in 2002 and we all saw what happened there. Only a fool does not change his mind & will always pay dearly for stubbornly refusing to read the writing on the wall.
wukan
#15 Posted : Sunday, January 27, 2019 9:37:19 AM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,658
MugundaMan wrote:
MaichBlack wrote:
Of course but that doesn't mean they are free/idle at the same time. You need to relax.You can't start telling people they are "too quiet on this thread" two hours after it is started.
Cytonn report writing Wukan pia with his Ngara slum bedsitter addiction is also incredibly quiet as well Laughing out loudly Laughing out loudly Laughing out loudly
Laughing out loudly Laughing out loudly I talk you say i'm arrogant i keep quiet you still complain. unataka ninid'oh! d'oh! I'm concentrating my report writing on the Eastlando upgrading-the heart and soul of nairobi. I do my own research so I can't comment on other peoples research having an agenda to drive people to the satellites
rwitre
#16 Posted : Sunday, January 27, 2019 1:29:38 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
Wazuans surely, to each his own. • You can bet your salary and lose your monthly income, another will bet 100 bob and win the Sportpesa jackpot. Will the latter listen to you when you tell him gambling is not worth it? • You can buy land and agonise for years waiting for the infrastructure developments to come, while another patient one will see it through and book handsome profits on sale. • You can sell your house and buy Bitcoin and watch its value get eroded, while someone who got in 5 years prior is buying mansions and yachts • You can try T-bills and Bonds and be frustrated by the meagre returns, while a fund manager pumps billions in them and those "meagre returns" to them can fund entire county budgets. • Or you can invest in a start-up and watch it crash, while there are those who will succeed and become legendary entrepreneurs. We even have career people rising up the ranks, and scoring higher salaries, and college dropouts who were laughed at but went into freelancing and are now rivalling an MP’s salary. Some can only put capital in low-risk investments. Others have a bigger risk-appetite. Each story has its wins and losses. Tunnel-vision people seeing their path as the only one true route are simply not being genuine.
MugundaMan
#17 Posted : Sunday, January 27, 2019 1:40:47 PM
Rank: Elder

Joined: 1/8/2018
Posts: 2,212
Location: DC (Dustbowl County)
wukan wrote:
MugundaMan wrote:
MaichBlack wrote:
Of course but that doesn't mean they are free/idle at the same time. You need to relax.You can't start telling people they are "too quiet on this thread" two hours after it is started.
Cytonn report writing Wukan pia with his Ngara slum bedsitter addiction is also incredibly quiet as well Laughing out loudly Laughing out loudly Laughing out loudly
Laughing out loudly Laughing out loudly I talk you say i'm arrogant i keep quiet you still complain. unataka ninid'oh! d'oh! I'm concentrating my report writing on the Eastlando upgrading-the heart and soul of nairobi. I do my own research so I can't comment on other peoples research having an agenda to drive people to the satellites
OK papa, at least you are in the industry so hauko totally out in the cold. Laughing out loudly @agenda of driving people to the satellites. That is one heck of a conspiracy theory. Laughing out loudly Mubradzee you cannot keep burying your head in the sand in the face of glorious reality. People are not moving to DC (by the way was it you or Sparkly who coined the term? Whoever did needs to enter the Wazoo hall of fame with full military honours) because of articles above. ECONOMIC REALITIES are what are moving people there even if there wasn't a scintilla of journalism articles written about the same. I remember when I first joined the forum this time last year proclaiming the good news about DC. I was cyberstoned hapa my mburoda, by goons including you! Now those who lifted stones are very quiet. The truth cannot be hidden. Not even by a billion articles on Wazoo pro or con DC by either Wukan or MM!
MugundaMan
#18 Posted : Sunday, January 27, 2019 1:48:13 PM
Rank: Elder

Joined: 1/8/2018
Posts: 2,212
Location: DC (Dustbowl County)
rwitre wrote:
Wazuans surely, to each his own. • You can bet your salary and lose your monthly income, another will bet 100 bob and win the Sportpesa jackpot. Will the latter listen to you when you tell him gambling is not worth it? • You can buy land and agonise for years waiting for the infrastructure developments to come, while another patient one will see it through and book handsome profits on sale. • You can sell your house and buy Bitcoin and watch its value get eroded, while someone who got in 5 years prior is buying mansions and yachts • You can try T-bills and Bonds and be frustrated by the meagre returns, while a fund manager pumps billions in them and those "meagre returns" to them can fund entire county budgets. • Or you can invest in a start-up and watch it crash, while there are those who will succeed and become legendary entrepreneurs. We even have career people rising up the ranks, and scoring higher salaries, and college dropouts who were laughed at but went into freelancing and are now rivalling an MP’s salary. Some can only put capital in low-risk investments. Others have a bigger risk-appetite. Each story has its wins and losses. Tunnel-vision people seeing their path as the only one true route are simply not being genuine.
Rwitre, now you know this is 100% uwongo mtubu. It's like saying someone from Kenya could get lucky, land in New York, meet Tyra Banks on the subway and get married to her. Could happen in theory but in reality not really. Real estate is the path of least resistance in Kiinya. If folks can't see it shauri yau!
rwitre
#19 Posted : Sunday, January 27, 2019 2:31:04 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
MugundaMan wrote:
rwitre wrote:
Wazuans surely, to each his own. • You can bet your salary and lose your monthly income, another will bet 100 bob and win the Sportpesa jackpot. Will the latter listen to you when you tell him gambling is not worth it? • You can buy land and agonise for years waiting for the infrastructure developments to come, while another patient one will see it through and book handsome profits on sale. • You can sell your house and buy Bitcoin and watch its value get eroded, while someone who got in 5 years prior is buying mansions and yachts • You can try T-bills and Bonds and be frustrated by the meagre returns, while a fund manager pumps billions in them and those "meagre returns" to them can fund entire county budgets. • Or you can invest in a start-up and watch it crash, while there are those who will succeed and become legendary entrepreneurs. We even have career people rising up the ranks, and scoring higher salaries, and college dropouts who were laughed at but went into freelancing and are now rivalling an MP’s salary. Some can only put capital in low-risk investments. Others have a bigger risk-appetite. Each story has its wins and losses. Tunnel-vision people seeing their path as the only one true route are simply not being genuine.
Rwitre, now you know this is 100% uwongo mtubu. It's like saying someone from Kenya could get lucky, land in New York, meet Tyra Banks on the subway and get married to her. Could happen in theory but in reality not really. Real estate is the path of least resistance in Kiinya. If folks can't see it shauri yau!
MM
Quote:
Some can only put capital in low-risk investments. Others have a bigger risk-appetite. Each story has its wins and losses. Tunnel-vision people seeing their path as the only one true route are simply not being genuine
Find your category in the above statement and act accordingly. Kujibizana bila mwelekeo tuliacha 2018
MugundaMan
#20 Posted : Sunday, January 27, 2019 2:36:33 PM
Rank: Elder

Joined: 1/8/2018
Posts: 2,212
Location: DC (Dustbowl County)
rwitre wrote:
MM
Quote:
Some can only put capital in low-risk investments. Others have a bigger risk-appetite. Each story has its wins and losses. Tunnel-vision people seeing their path as the only one true route are simply not being genuine
Find your category in the above statement and act accordingly. Kujibizana bila mwelekeo tuliacha 2018
But kunjibizana is part of life, my mubroda, neither you nor I can stop it. Can't you just let us enjoy the good news on satellite returns without ingisharing your munjibizano on our njibizanarings into the mix as well Laughing out loudly
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