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My Worst Money Mistake..
bartum
#81 Posted : Wednesday, August 29, 2012 4:36:25 PM
Rank: Veteran


Joined: 8/11/2010
Posts: 1,011
Location: nairobi
mine is not really about money but worst investment advice i gave.it was a get together family christmass day and it reached a point an elderly rela (a uni prof) and said ''what is the best investment nowadays, i responded buying shares at NSE, aaaaarrrrrrhhhhh the dude looked at me in a manner to sugest their is something a miss, ''this things call shares are for kyuks,one day watakuiba kijana'', he responded.the rest is history
Ali Baba
#82 Posted : Wednesday, August 29, 2012 5:04:15 PM
Rank: Member


Joined: 8/29/2008
Posts: 571
BARTUM:>>I don't think that is the worst case scenario on investments.Simply put,then you must have put your money in another area where there are decent returns.Investments in real estate grew faster than stocks.So,no worries.....
bartum
#83 Posted : Wednesday, August 29, 2012 5:27:11 PM
Rank: Veteran


Joined: 8/11/2010
Posts: 1,011
Location: nairobi
Ali Baba wrote:
BARTUM:>>I don't think that is the worst case scenario on investments.Simply put,then you must have put your money in another area where there are decent returns.Investments in real estate grew faster than stocks.So,no worries.....

you didnt get the feel,try read agaain
Sany
#84 Posted : Thursday, August 30, 2012 1:06:41 PM
Rank: New-farer


Joined: 8/17/2012
Posts: 30
Sold ARM shares @33 bob, i had bought them @28 and bought a very useless car that i could not even resell!! When i look at ARM now....
Robinhood
#85 Posted : Thursday, August 30, 2012 4:26:24 PM
Rank: Elder


Joined: 12/11/2008
Posts: 2,306
Sany wrote:
Sold ARM shares @33 bob, i had bought them @28 and bought a very useless car that i could not even resell!! When i look at ARM now....


Gari gani hii mzee so I avoid it like the plague?
Great men are not always wise, neither do the aged understand judgement...
Money Whisperer
#86 Posted : Friday, August 31, 2012 8:15:03 AM
Rank: Member


Joined: 8/7/2010
Posts: 728
Location: Wazuaville
Let me guess Daihatsu Applausesmile
Robinhood wrote:
Sany wrote:
Sold ARM shares @33 bob, i had bought them @28 and bought a very useless car that i could not even resell!! When i look at ARM now....


Gari gani hii mzee so I avoid it like the plague?

"Money never sleeps"
StatMeister
#87 Posted : Friday, August 31, 2012 8:20:59 AM
Rank: Veteran


Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
Robinhood wrote:
Sany wrote:
Sold ARM shares @33 bob, i had bought them @28 and bought a very useless car that i could not even resell!! When i look at ARM now....


Gari gani hii mzee so I avoid it like the plague?


wingroad?
A bad day fishing is better than a good day at work
maka
#88 Posted : Friday, August 31, 2012 1:55:20 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Going to drink in one of those down town pubs with money meant for my hostel room for the whole sem...acha niachie hapo
possunt quia posse videntur
Sany
#89 Posted : Friday, August 31, 2012 2:16:47 PM
Rank: New-farer


Joined: 8/17/2012
Posts: 30
StatMeister wrote:
Robinhood wrote:
Sany wrote:
Sold ARM shares @33 bob, i had bought them @28 and bought a very useless car that i could not even resell!! When i look at ARM now....


Gari gani hii mzee so I avoid it like the plague?


wingroad?


Daewooo! Don't know what i was thinking...
Robinhood
#90 Posted : Friday, August 31, 2012 2:43:03 PM
Rank: Elder


Joined: 12/11/2008
Posts: 2,306
Sany wrote:
StatMeister wrote:
Robinhood wrote:
Sany wrote:
Sold ARM shares @33 bob, i had bought them @28 and bought a very useless car that i could not even resell!! When i look at ARM now....


Gari gani hii mzee so I avoid it like the plague?


wingroad?


Daewooo! Don't know what i was thinking...


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Great men are not always wise, neither do the aged understand judgement...
hindi ni riu
#91 Posted : Friday, August 31, 2012 3:02:39 PM
Rank: Member


Joined: 5/2/2010
Posts: 305
maka wrote:
Going to drink in one of those down town pubs with money meant for my hostel room for the whole sem...acha niachie hapo


Think hahaaaa...and then Mwende happened.

“Once the last tree is cut and the last river poisoned,you will find you cannot eat your money" Traditional saying.
Robinhood
#92 Posted : Friday, August 31, 2012 3:36:06 PM
Rank: Elder


Joined: 12/11/2008
Posts: 2,306
hindi ni riu wrote:
maka wrote:
Going to drink in one of those down town pubs with money meant for my hostel room for the whole sem...acha niachie hapo


Think hahaaaa...and then Mwende happened.


He went for a chot...
Great men are not always wise, neither do the aged understand judgement...
Impunity
#93 Posted : Saturday, September 01, 2012 6:28:58 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
Robinhood wrote:
Sany wrote:
StatMeister wrote:
Robinhood wrote:
Sany wrote:
Sold ARM shares @33 bob, i had bought them @28 and bought a very useless car that i could not even resell!! When i look at ARM now....


Gari gani hii mzee so I avoid it like the plague?


wingroad?


Daewooo! Don't know what i was thinking...


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly


I think Daewoo only make fridges and washing machines?
Laughing out loudly Laughing out loudly Laughing out loudly
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

jaggernaut
#94 Posted : Saturday, September 01, 2012 7:05:29 PM
Rank: Elder


Joined: 10/9/2008
Posts: 5,389
Robinhood wrote:
hindi ni riu wrote:
maka wrote:
Going to drink in one of those down town pubs with money meant for my hostel room for the whole sem...acha niachie hapo


Think hahaaaa...and then Mwende happened.


He went for a chot...


And after the chot he fell asleep. As he was snoring Mwende emptied his pockets and left.
MaichBlack
#95 Posted : Saturday, September 01, 2012 7:39:24 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,452
jaggernaut wrote:
Robinhood wrote:
hindi ni riu wrote:
maka wrote:
Going to drink in one of those down town pubs with money meant for my hostel room for the whole sem...acha niachie hapo


Think hahaaaa...and then Mwende happened.


He went for a chot...


And after the chot he fell asleep. As he was snoring Mwende emptied his pockets and left.

Or most probably BEFORE the chot! So instead of ending up with a very expensive chot, he ended up with no chot and no money!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
S.Mutaga III
#96 Posted : Sunday, September 02, 2012 8:45:36 AM
Rank: Member


Joined: 3/26/2012
Posts: 830
I met this chic in college...when I was a fresher.She lied to me that she did not have any loan,and that she was from a poor background...I supported her for a whole semester from my loan and side jobs...only to realise I was among her three walking ATM's
A successful man is not he who gets the best, it is he who makes the best from what he gets.
kyt
#97 Posted : Sunday, September 02, 2012 11:27:26 AM
Rank: Elder


Joined: 11/7/2007
Posts: 2,182
it seems people had a lot of money in campus!!! smh!!!
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
maskana
#98 Posted : Sunday, September 02, 2012 6:13:25 PM
Rank: New-farer


Joined: 1/8/2011
Posts: 48
Location: muranga
selling BAT share @300 and not taking DTB rights
youcan'tstopusnow
#99 Posted : Sunday, September 02, 2012 9:16:11 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
kyt wrote:
it seems people had a lot of money in campus!!! smh!!!

Watu wa Campo wanakuanga very rich - na si ati kazi wanafanya! Wazazi fund the lifestyle.

There was a report earlier this year on Kenyan youth and their spending habits.
GOD BLESS YOUR LIFE
BGL
#100 Posted : Monday, September 03, 2012 12:52:18 AM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
TiggerTiggy wrote:
in 2 years time, people will write here about UNAITAS, especially BGL


Rather than being hypothetical of what will happen 2 yrs down the line, i would recommend you read the report below. This report contains are a few things which are worthy thinking about in the next 2yrs! Get a life wo(man) forget about Bgl he can think for himself.

http://www.scribd.com/do...-Supervisory-Report-2011
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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