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My Worst Money Mistake..
Rank: Member Joined: 3/30/2010 Posts: 176
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digitek1 wrote:falling prey to hemmingway safaris What happened? I have a holiday voucher from these guys but I have to deposit some USD100 to redeem it.
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Rank: Veteran Joined: 7/5/2010 Posts: 2,061 Location: Nairobi
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The Safcom share. Dug in quite deep, very naive of me. Now every time I think of that event I want to reach for a stiff drink.
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Rank: Elder Joined: 12/11/2008 Posts: 2,306
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quicksand wrote:The Safcom share. Dug in quite deep, very naive of me. Now every time I think of that event I want to reach for a stiff drink. Take heart bro, you are not alone Great men are not always wise, neither do the aged understand judgement...
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Rank: New-farer Joined: 8/7/2012 Posts: 39
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I have really burnt myself with ICDC aka Centum. I think I went in sentimentally since Centum was how I first got into stocks when it floated with an IPO. I remember when their shares went to as high as 800 and then they split 1:10 and I became 'very rich'. So when the shares fell to 25/= I went in like a rhino (head down and no thought!) and amassed quite a chunk. I was thinking they would go up again to 80/= which was what they were worth when they were split. Needless to say they're now worth less than 1/2 of what I paid for them. However I'm still holding out for a great day when they'll wake up though for now Mworia seems to be either groping in the dark or he wants to do an Uchumi with DJ CK.
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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Rank: Elder Joined: 7/22/2009 Posts: 7,452
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Niglary wrote:paid fee for relatives This one most of us have made!!! And what's worse, the community makes us feel like it is a responsibility! Just because you have worked hard and you have something small, you have to pay school fees for the kid of your uncle's cousin's brother in law's sister who's father happens to be a D.D.O. [Those who don't know the meaning can ask @guka]. And the "best" part is that the kid is not interested in education and has his dad as the role model! Fellow never passes and never acknowledges your effort. I have learnt from other people's mistakes and some of my own. Before I pay school fees for anyone, I must do thorough vetting! sio kulipia kila mtu juu ni uncle ya cousin ya brother in law wa bla bla bla! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/22/2009 Posts: 7,452
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King G wrote:Learning the had way. Just after being empoyed rather getting a job. got this small naive gal washed her with omo, become my gal friend, took her to Dayster Uni when it was the only affordable private uni. She stayed there while i paid everything. boy oh boy, chick graduates, gets a good job, takes off and rest is history. Hoping to revenge before my time is up, i have to. how? i dont know, any ideas? Pole bro. This one gotta hurt. Especially if/when you meet her with @Impunity. My simple rule of Thumb: You should only pay school fees for a [romantically involved] lady if she has your kid. That will not stop her from pulling a disappearing act after graduation but you can assume that the "investment" will reach your kid. I have heard of a dude who was not even invited for the graduation even though the chick was still living in his house! A friend calls the dude and asks him why he is not at the graduation bash and the fellow couldn't believe until pictures were posted on facebook by the friend. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 11/15/2011 Posts: 4,518
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Robinhood wrote:quicksand wrote:The Safcom share. Dug in quite deep, very naive of me. Now every time I think of that event I want to reach for a stiff drink. Take heart bro, you are not alone But you are also not alone. I have never ever checked on them. I just hope my account still exists. "The true measure of a man is how he treats someone who can do him absolutely no good.
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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MaichBlack wrote:King G wrote:Learning the had way. Just after being empoyed rather getting a job. got this small naive gal washed her with omo, become my gal friend, took her to Dayster Uni when it was the only affordable private uni. She stayed there while i paid everything. boy oh boy, chick graduates, gets a good job, takes off and rest is history. Hoping to revenge before my time is up, i have to. how? i dont know, any ideas? Pole bro. This one gotta hurt. Especially if/when you meet her with @Impunity. My simple rule of Thumb: You should only pay school fees for a [romantically involved] lady if she has your kid. That will not stop her from pulling a disappearing act after graduation but you can assume that the "investment" will reach your kid. I have heard of a dude who was not even invited for the graduation even though the chick was still living in his house! A friend calls the dude and asks him why he is not at the graduation bash and the fellow couldn't believe until pictures were posted on facebook by the friend. Wah! The fairer sex can do this? 'Revenge is mine, says the Lord' .. Washana naye. Just consider monies spent as landing fees and move on with life.
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Rank: Veteran Joined: 2/25/2009 Posts: 973
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Rolldrunk wrote:Paying for landing! I spend $400 one time for these fine looking airport, only to touch down once, it took less than 2 minutes to touch down and after that the plane couldn't take off again for the next touch down, I slapped myself a few times but man, that airport look great but........! For that amount you can have all the airports in most kenyan brothels!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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MaichBlack wrote:King G wrote:Learning the had way. Just after being empoyed rather getting a job. got this small naive gal washed her with omo, become my gal friend, took her to Dayster Uni when it was the only affordable private uni. She stayed there while i paid everything. boy oh boy, chick graduates, gets a good job, takes off and rest is history. Hoping to revenge before my time is up, i have to. how? i dont know, any ideas? Pole bro. This one gotta hurt. Especially if/when you meet her with @Impunity. My simple rule of Thumb: You should only pay school fees for a [romantically involved] lady if she has your kid. That will not stop her from pulling a disappearing act after graduation but you can assume that the "investment" will reach your kid. I have heard of a dude who was not even invited for the graduation even though the chick was still living in his house! A friend calls the dude and asks him why he is not at the graduation bash and the fellow couldn't believe until pictures were posted on facebook by the friend. Pole sana Maichblack "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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Rank: Member Joined: 3/26/2012 Posts: 830
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Really sad indeed. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Member Joined: 11/24/2011 Posts: 833
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lending money to friends, 90% of them never repay
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Rank: Member Joined: 3/26/2012 Posts: 830
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My worst money mistake was selling Uchumi at 7 bob after buying it at 7.50...when I look at its price today,I release some carbon dioxide. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Elder Joined: 11/28/2006 Posts: 1,799
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Buying Migunas book... i feel like peeling my skin off... and not the fore one..
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Rank: Member Joined: 3/26/2012 Posts: 232 Location: Nairobi
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Spending 15k on pint and then going home on a Matatu cos i was broke!!! Argrhhhhh never again My folks told me that my very first word was 'billionaire'
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Rank: Member Joined: 3/26/2012 Posts: 232 Location: Nairobi
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. My folks told me that my very first word was 'billionaire'
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Rank: Member Joined: 11/24/2011 Posts: 833
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Rank: Member Joined: 9/27/2006 Posts: 503
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ralp_mutu wrote:Spending 15k on pint and then going home on a Matatu cos i was broke!!! Argrhhhhh never again Let me guess, at Brew Bistro? 350 bob a beer for the unacquainted...
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Rank: Member Joined: 9/21/2009 Posts: 34
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