Why start a thread to ridicule stocks investment including investment in real estate compamies? It doesn't add DC plots to your portfolio

To make you happy

Good luck with that papa







Unless you are a FINANCIAL GANGSTA like wakina FI wa HF, CK wa ICDC, NM wa FIRE na kadharika, real insiders minting from within and giving shareholders the shaft, your chances of joining the dollar millionaire category from trading monkeys and nyanis is almost close to zero. . I have asked the NSE'rs to provide public examples of a mere 3 people at most since 1963 who have made their pile (100m+) trading monkeys alone and they have provided zero. The research report that is the subject of this post put the nail in the coffin of the nonsense that NSE is a key path to wealth. But of course those with a stake in the crumbling bourse will always stubbornly disagree even in the face of glaring facts



Compare with tumugunda. A 1/4 acre plot bought in Milimani , Jewel in the Crown, DC today today is going for as little as 4m. With improvements (eg premium flats) it can easily be ramped up in value to 100m within a year (50-70% of it your equity investment, 50-30% of it being resale value accruing to the investor IMMEDIATELY upon completion) depending on how many you construct. In 20 years time that investment will be going for an easy B. From that investment ALONE you have crossed the rubicon permanently within 20 years. Imagine an NSE'r trading tumbilis with the same investment amount trying to compete with a Mugundaman who scales that same investment over 10-20 plots over the course of those 20 years. My friend that would be like a mosquito nyonyaring blood from a lions gololis bragging to the lion that said mosquito is winning the race comfortably, papa. Simply put, haiwesekani. Unless only on a different planet from the third one from the sun.

I am a professional investor in emerging companies, whoever tells you that technology will get you to be a dollar millionaire faster probably don't know the stats. I see at least 1000 promising tech startups every year, 80% of which will never get seed funding even after the founders have spent every $ they have and borrow from every family and friends, and after going without pay for up to 5 years they shutdown. 80% of the 20% that get seed funding will not proceed to series B and C. Short story, the technology companies you see today cumulated from thousands upon thousands of failed technology companies. You are more likely to be a millionaire in retail/farming/manufacturing than in Technology. Of course unless you are a hacker!

If I use the comment someone made above, "7 out of 10 largest companies are Technology companies" The comment do not say " 7 out of 10 largest companies use technology to enable business. If the statement is correct then you can't used the argument that technology is everywhere.

Yes, a lot of start up founders find success after a number of failures but don't forget about survival bias, the stories you read and hear is from accounts of those who survived it doesn't account for millions who blew all their money and life on ideas that failed.