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Missed Out On 130 Million/-
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Angelica _ann
#21 Posted : Monday, January 07, 2019 1:30:56 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
MugundaMan wrote:
Angelica _ann wrote:
MugundaMan wrote:
rwitre wrote:
If that 27k had bought Bitcoin in 2010....

Achana na 130 million.

Would be worth at least 8 billion now.

In just 8 years.

Opportunities are everywhere. Hindsight is 20/20 Laughing out loudly Laughing out loudly

Laughing out loudly Laughing out loudly Laughing out loudly


So even before he died he would have been a billionaire smile

Even the sportpesa people winners overtook the old-man wakina Abiysai el all . Hindsight 20/20 opportunities are everywhere


As usual you missed the joke, mama Laughing out loudly


As i expected your response doesn't disappoint - dismissive!!! smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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tom_boy
#22 Posted : Monday, January 07, 2019 1:53:15 PM
Rank: Member


Joined: 2/20/2007
Posts: 767
chiaroscuro wrote:
1. Hindsight is misleading...past performance is not a guarantee of the future.

2. Undeveloped land in Kenya inflates at between 20 and 25% p.a. It's a good rate but not magical!

3. The CPI was 2.45 points in 1977. Today it is 194. Thus the "future value" sh22k sh1.74M in 2019. QUESTION: Would you take 1.74M today and buy land in some remote place where hyenas and antelopes are roaming freely?


Wisdom of 10 elders.

Question 3 is thought provoking.
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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LosAngeles~254
#23 Posted : Monday, January 07, 2019 6:17:56 PM
Rank: New-farer


Joined: 1/6/2019
Posts: 34
Location: L.A. 90010
@Chiaroscurro ...you're certainly right on #2.
Answer to question #3 is 'OF COURSE!' Kshs.1.74M is a drop in the bucket of what folks buy land with.

If the said land is in the path of future development, you stand to make tons of $$ with time. And even if it's not, you'll make less $$ but you simply cannot lose. Unlike the NSE, NYSE or Nasdaq where folks lose their shirts 👕 daily 😂.
God. Real Estate. Fast Cars. Hot Chicks. Philanthropy.
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chiaroscuro
#24 Posted : Tuesday, January 08, 2019 7:32:12 AM
Rank: Veteran


Joined: 2/2/2012
Posts: 1,134
Location: Nairobi
LosAngeles~254 wrote:
@Chiaroscurro ...you're certainly right on #2.
Answer to question #3 is 'OF COURSE!' Kshs.1.74M is a drop in the bucket of what folks buy land with.

If the said land is in the path of future development, you stand to make tons of $$ with time. And even if it's not, you'll make less $$ but you simply cannot lose. Unlike the NSE, NYSE or Nasdaq where folks lose their shirts 👕 daily 😂.


I think you didn't read the whole question: here it is again...

QUESTION: Would you take 1.74M today and buy land in some remote place where hyenas and antelopes are roaming freely?

I have highlighted the part you ignored.
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MugundaMan
#25 Posted : Tuesday, January 08, 2019 6:23:25 PM
Rank: Elder


Joined: 1/8/2018
Posts: 2,211
Location: DC (Dustbowl County)
chiaroscuro wrote:
LosAngeles~254 wrote:
@Chiaroscurro ...you're certainly right on #2.
Answer to question #3 is 'OF COURSE!' Kshs.1.74M is a drop in the bucket of what folks buy land with.

If the said land is in the path of future development, you stand to make tons of $$ with time. And even if it's not, you'll make less $$ but you simply cannot lose. Unlike the NSE, NYSE or Nasdaq where folks lose their shirts 👕 daily 😂.


I think you didn't read the whole question: here it is again...

QUESTION: Would you take 1.74M today and buy land in some remote place where hyenas and antelopes are roaming freely?

I have highlighted the part you ignored.


He answered you very well brathee, funny you can't see it.
I would readily do so as well in fact I did so several months ago and already neighbours kadhaa have started popping up! Katani, Syokimau, Kitengela, Utawala, Ngong etc etc all started out with antelopes buffalos and Hyenas. Heck, Nairobi CBD was WILD BUSH and SWAMP as late as 1860
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jokes
#26 Posted : Thursday, February 14, 2019 9:18:23 AM
Rank: Member


Joined: 7/1/2008
Posts: 323
I, like mugundaman, stopped investing in stocks when i realized they are heavily manipulated. we don't have a perfect market in Kenya and there is a lot of insider trading.
How can a company declare profit and all other indicators in the company profile are good then the price drops?
I got out, never to look back. Hiyo ni karata potea kama casino where the bank always wins.

Los angeles story, no offense Los angeles; is a common fallacy, where we base all our life on the amount of money we make. There are also other factors in life.
He lived for a long time, still married, brought up his children, lived an interesting life and from the sound of it, he didn't die a pauper.
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