wazua Wed, Mar 25, 2026
Welcome Guest Search | Active Topics | Log In

89 Pages«<4950515253>»
Is Taking a Mortgage the WORST Decision Ever??
MaichBlack
#501 Posted : Wednesday, April 08, 2015 2:52:34 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,841
How do you make 25% in stocks in a whole year??? Are guys still asking that question?? Seriously!? 25% is a conservative return. That is on the lower side for any serious wazuan!!!

I have previously given numerous links and examples and here is one more for the uninitiated.

Link One: Post# 1. Stock Picks courtesy of S. Mutaga III (5th January 2015)

Link Two: Post# 77. 10 months later. A cool 93.3 return on investment. In 10 months!!!

93.3% Returns in 10 months!!!

And these are not peculiar cases. These are wazuans who:-

1) Were kind enough to share their trading information.

2) Stated when buying (very important) and when selling and therefore there is no argument that the person might just be talking because a certain share has done well that year.

And we are arguing about 25%???

For other examples, go through this thread! And many other threads!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#502 Posted : Wednesday, April 08, 2015 3:01:41 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,841
Yet Another Link: See the post at the top. Post# 481

@Ngundi made 1000+% (Yes!!! One thousand percent) on CIC as others are busy arguing about 25%.

And guess where he got the information from! Read his reply in the same post!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#503 Posted : Wednesday, April 08, 2015 3:05:53 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,841
MaichBlack wrote:
@Kiwaru - How many nicely spaced (not extravagant) "standard" two bedroom units can you fit per floor in a 50 by100 plot.

Other wazuans who have done it before can also contribute.

Wazuans tafadhali saidia.

@kiwaru, @A4Architect, wazua landlords???
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Mainat
#504 Posted : Wednesday, April 08, 2015 7:50:23 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Financial literacy is so so important.

Rents increased at a faster rate than t-bills per Hassconsult report for 2001-2010. Won't mind seeing if they have an updated report.
In the same report, prices rises in all types of houses apart from apartments outperformed the NSE for that same period.
Sehemu ndio nyumba
murchr
#505 Posted : Wednesday, April 08, 2015 8:11:51 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
But Maich, one shouldn't have their investments only on stocks. And I believe OVER TIME Real estate beats all other forms of investments...if you think about it, stocks get diluted and at times their value is eroded.

As of mortgages, what you should be on the lookout for is the interest rate. Those 25% rates are ridiculous. That rate should only apply to defaulters
"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
.
lochaz-index
#506 Posted : Wednesday, April 08, 2015 8:32:35 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
Mainat wrote:
Financial literacy is so so important.

Rents increased at a faster rate than t-bills per Hassconsult report for 2001-2010. Won't mind seeing if they have an updated report.
In the same report, prices rises in all types of houses apart from apartments outperformed the NSE for that same period.


Kindly share a specific case/estate in point where rents have tripled during a five year time frame coz none is available in that report or elsewhere for that matter. Rent rarely does such seismic shifts however property prices do.
The main purpose of the stock market is to make fools of as many people as possible.
Mukiri
#507 Posted : Wednesday, April 08, 2015 9:12:43 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
Sevian wrote:
Boris Boyka wrote:
chiaroscuro wrote:
I have observed that those who proclaim that mortgages are bad fall into one of two groups:

GROUP 1:- those who have never taken a mortgage in their lives

GROUP 2:- those who took a mortgage and defaulted on payments


to complete the statements
1.......... and have a house they built or bought.
2............the bank NEVER compromised regardless of situation and the fellows lost terribly.


A bad workman quarrels with his tools, and a mortgage is just a tool. Na Yesu alisema in Luke 14:28 kwamba ""Suppose one of you wants to build a tower. Won't you first sit down and estimate the cost to see if you have enough money to complete it?"

Laughing out loudly Laughing out loudly Laughing out loudly Wacha nicheke tu! You guys will give fellows here indigestion!

People looking at a cow from different angles, will never agree when told to describe it. Agree to disagree... Afterall, all this earthly things mutawacha papa hapa! Mortgaged or not.

Build/mortgage your castle in heaven

Proverbs 19:21
MaichBlack
#508 Posted : Wednesday, April 08, 2015 9:40:55 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,841
murchr wrote:
But Maich, one shouldn't have their investments only on stocks. And I believe OVER TIME Real estate beats all other forms of investments...if you think about it, stocks get diluted and at times their value is eroded.

As of mortgages, what you should be on the lookout for is the interest rate. Those 25% rates are ridiculous. That rate should only apply to defaulters

Link One: See Post# 209

Link Two: See Post# 41
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
enyands
#509 Posted : Wednesday, April 08, 2015 10:19:42 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
MaichBlack wrote:
How do you make 25% in stocks in a whole year??? Are guys still asking that question?? Seriously!? 25% is a conservative return. That is on the lower side for any serious wazuan!!!

I have previously given numerous links and examples and here is one more for the uninitiated.

Link One: Post# 1. Stock Picks courtesy of S. Mutaga III (5th January 2015)

Link Two: Post# 77. 10 months later. A cool 93.3 return on investment. In 10 months!!!

93.3% Returns in 10 months!!!

And these are not peculiar cases. These are wazuans who:-

1) Were kind enough to share their trading information.

2) Stated when buying (very important) and when selling and therefore there is no argument that the person might just be talking because a certain share has done well that year.

And we are arguing about 25%???

For other examples, go through this thread! And many other threads!!!

@maichblack iv been reading your comments and would say you aare very Iinsightful and helpful not forgetting generous with ideas. Though on this article I'll chose to disagree wwith you respectfully . Different people have different financial goals . I could be earning my returning of Iinvestment at 25% for me it's comfortable and
I play safe with PE which could be more secure to me . If you choose to do with listed exchanges and get a return of 1000% it's kudos to you because your character is you are a risk taker. Different people have different view of financial approach but they have a common goal of making money . To others1000% is ideal and to others 25% makes tthem happy . Different sizes of fingers but they are all connected to the same hand. Don't blame the small finger for being small bbecause small as it looks it might have a very crucial role in lifting hard objects . I welcome constructive criticism on my defense to @eco
murchr
#510 Posted : Wednesday, April 08, 2015 10:32:26 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
MaichBlack wrote:
murchr wrote:
But Maich, one shouldn't have their investments only on stocks. And I believe OVER TIME Real estate beats all other forms of investments...if you think about it, stocks get diluted and at times their value is eroded.

As of mortgages, what you should be on the lookout for is the interest rate. Those 25% rates are ridiculous. That rate should only apply to defaulters

Link One: See Post# 209

Link Two: See Post#41


MaichBlack Post#209 wrote:
I invest in both stocks and real estate - using my own cash. I don't borrow to buy stock. I don't borrow to buy real estate.


Rules of smart investing, dont borrow to buy stocks...BORROW to buy real estate<----ofcourse at a low interest rate, it gets better when your interest beats inflation #Otherpeoplesmoney.

MaichBlack Post#209 wrote:
Trick - Buy places that are opening up and wait...
= Speculation...same as buying art, if they turn the land next to yours and label it as the dumping site, No one will want it. Speculation is risky

Not all stocks give back 25%, if one has an investment giving back 25% well and good. We all cant keep up with stocks rem others are not able to interprete the accounting books as others can do.
"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
.
89 Pages«<4950515253>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.