Kila nyani na starehe zake

You start a thread at 2:40 pm and expect people to be all over it in two hours??? Some might not even see it till Monday because they probably have that funny thing called..... life!!!

Give it time. They will eventually see the thread.

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.

1 million invested in Safaricom on 23rd January 2009 is worth about 9.3 million today.
Initial buying price = Ksh 3.10 per share.
Current price = Ksh 24 per share.
The investor would have afforded about 320,000 shares. Dividends earned since then at 5% withholding tax are as follows.
2009 = @0.1 per share Ksh 30,400
2010 = @0.2 per share Ksh 60,800
2011 = @0.2 per share Ksh 60,800
2012 = @0.22 per share Ksh 66,880
2013 = @0.31 per share Ksh 94, 240
2014 = @0.47 per share Ksh 142,880
2015 = @0.64 per share ksh 194, 560
2016 (special dividend) = @0.68 per share Ksh 206, 720
2016 (final dividend) = @0.76 per share Ksh 231,040
2017 = @0.97 per share Ksh 294,880
2018 = @1.10 per share Ksh 334,400

Total Dividend Income = Ksh 1,717,600

Ksh 1,717,600 + (Ksh 320,000*24)= Ksh 9,397,600

1 million invested exactly 10 years ago in Safaricom is now worth 9.3 million assuming that the investor did not re-invest the dividends to compound returns. If he/she had compounded the returns i.e dividends, the return would be higher.

Unlike the stories given by journalists, you can verify this return at the comfort of your home in near precise shilling figures.

@Mugundaman, both land and stocks are great investments if you know what you are doing. You should not write off other investment vehicles just because you don't understand them. Stick to land and make those returns. The end justifies the means.

Happy Hunting.

don't know about all those reports and such but in 2011 i invested about 1.4m about 80km from cbd. now been offered 35m for it but am holding on. 1m making 8m in 10 years in real estate is pretty low if you know where to look.

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.

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.

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!

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