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Why investing in the NSE is fool's gold and a waste
Rank: Member Joined: 5/2/2018 Posts: 267
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MugundaMan wrote:Superprime1 wrote:Kwanza huko "dustbowl of the dustbowl", wacha tu! I bought some 'dirt-cheap' plots in the dustbowl of the dustbowl 2010/11, and my oh my, how I wish I went to the casino! While I have title deeds, man that place isn't developing (not perhaps until after 2022!) and one can't thus unlock the value any time soon, unless @Mugundaman is willing to buy me out! Wacha lies! We can spot them from 100 miles away. Where in dustbowl and for how much. (I doubt he will respond  ) that is how you know some ferras on Wazoo are 100% bandia! Precise location: 11km from Kiteng'ela (7km on Namanga Road from Equity Bank, in-road 4km). Titles read something like Kaputiei North... Looking back, I should have added to the few Safcom shares I had acquired during IPO, I'd be doing more than well with free money now (divs, capital gains and liquidity to boot). Today I advise young men to park their cash on the NSE as they make sober decisions on which route to follow in making wealth.
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Superprime1 wrote:MugundaMan wrote:the deal wrote:The 5% growth rate is due to Government spending on vanity projects like SGR...
Unless you were a middle men or you had land near SGR I don't see how you benefited because the China man supplied everything...
Did you even soma the KNBS economic survey? Where is the evidence of the above? SGR is just a tiny fraction of the entire economy baba SGR construction just started juzi juzi. Kenya has been growing at a red hawtt 5% since 2002! Where was SGR then? The 5% GDP growth is comprised of: 1. Remnants of SGR construction 2. Civil servants and state officers' salaries 3. Trickles of looting 4. Creative figures from KNBS, being the rubberstamp for Uhu'looto ' stats With a 8% 2017 inflation rate, who the heck felt a 5% GDP growth? You can shout your answer from the dustbowl. (20marks) Uuui-loot-all Guaranas are guaraguararing up the counties and doing good too keep up the great growth. ,Behold, a sower went forth to sow;....
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Rank: Member Joined: 5/2/2018 Posts: 267
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muandiwambeu wrote:Superprime1 wrote:MugundaMan wrote:the deal wrote:The 5% growth rate is due to Government spending on vanity projects like SGR...
Unless you were a middle men or you had land near SGR I don't see how you benefited because the China man supplied everything...
Did you even soma the KNBS economic survey? Where is the evidence of the above? SGR is just a tiny fraction of the entire economy baba SGR construction just started juzi juzi. Kenya has been growing at a red hawtt 5% since 2002! Where was SGR then? The 5% GDP growth is comprised of: 1. Remnants of SGR construction 2. Civil servants and state officers' salaries 3. Trickles of looting 4. Creative figures from KNBS, being the rubberstamp for Uhu'looto ' stats With a 8% 2017 inflation rate, who the heck felt a 5% GDP growth? You can shout your answer from the dustbowl. (20marks) Uuui-loot-all Guaranas are guaraguararing up the counties and doing good too keep up the great growth.  "Uuui-loot-all" it is!
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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Superprime1 wrote: Precise location: 11km from Kiteng'ela (7km on Namanga Road from Equity Bank, in-road 4km). Titles read something like Kaputiei North... Looking back, I should have added to the few Safcom shares I had acquired during IPO, I'd be doing more than well with free money now (divs, capital gains and liquidity to boot). Today I advise young men to park their cash on the NSE as they make sober decisions on which route to follow in making wealth.
Are you making stuff up as you go along? 1. Exact location in Kaputiei North? Kimalat? Olturoto? Nearest landmark or centre? KAG exit? Where? 2. Size and amount you paid? Tuone kama uta-answer or give us more vague lies
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Rank: Member Joined: 6/15/2013 Posts: 301
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MugundaMan wrote:Superprime1 wrote: Precise location: 11km from Kiteng'ela (7km on Namanga Road from Equity Bank, in-road 4km). Titles read something like Kaputiei North... Looking back, I should have added to the few Safcom shares I had acquired during IPO, I'd be doing more than well with free money now (divs, capital gains and liquidity to boot). Today I advise young men to park their cash on the NSE as they make sober decisions on which route to follow in making wealth.
Are you making stuff up as you go along? 1. Exact location in Kaputiei North? Kimalat? Olturoto? Nearest landmark or centre? KAG exit? Where? 2. Size and amount you paid? Tuone kama uta-answer or give us more vague lies @mugundaman....what are your thoughts on Olturoto? Niko na kashamba about 3km after the town, which i am thinking of disposing.
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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mulla wrote: @mugundaman....what are your thoughts on Olturoto? Niko na kashamba about 3km after the town, which i am thinking of disposing.
Hang on to it like an armed robber to gold! Nairobi has nowhere else to expand except in our direction, baba. And remember dust bowl is ground zero of big four agenda
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Rank: Elder Joined: 12/7/2012 Posts: 11,937
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MugundaMan wrote:mulla wrote: @mugundaman....what are your thoughts on Olturoto? Niko na kashamba about 3km after the town, which i am thinking of disposing.
Hang on to it like an armed robber to gold! Nairobi has nowhere else to expand except in our direction, baba. And remember dust bowl is ground zero of big four agenda You will wait for Nairobi to come to you until you find that you are gone!!!! Your live once yawa!!! 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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Rank: Member Joined: 3/26/2012 Posts: 830
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Just because you tried investing and failed doesn't mean that it is a fool's errand. This post is written from your personal perspective and shouldn't be generalized. You are probably a bad investor but an outstanding manager/entrepreneur which explains why you failed in stocks but succeeded in business. Not everyone is like you and that is why there are many ways of investing so that everyone can find whatever works best for him or her. A successful NSE investor might make a post claiming that entrepreneurship is a fool's errand, or property investing is a fool's errand. You see, it boils down to what you know best and where you find your success. Some people claim buying a matatu is a fool's errand, but others have made a kill from the same business. I can't code, does it make computer programming a bad career/fool's errand?? Bottomline: Just because you did not succeed in something doesn't warrant you calling it a fool's errand. Others have made it in the same. 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: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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Angelica _ann wrote:
You will wait for Nairobi to come to you until you find that you are gone!!!! Your live once yawa!!!
Double A, Did you forget that 1/4 of Nairobi already sleeps in dust bowl (rongai, Kitengela, Ngong, Kiserian, kisaju and surroundings) at night?  . Nairobi has already reached mighty dust bowl kitaaaaambo!
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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S.Mutaga III wrote:Just because you tried investing and failed doesn't mean that it is a fool's errand. This post is written from your personal perspective and shouldn't be generalized. You are probably a bad investor but an outstanding manager/entrepreneur which explains why you failed in stocks but succeeded in business. Not everyone is like you and that is why there are many ways of investing so that everyone can find whatever works best for him or her. A successful NSE investor might make a post claiming that entrepreneurship is a fool's errand, or property investing is a fool's errand. You see, it boils down to what you know best and where you find your success. Some people claim buying a matatu is a fool's errand, but others have made a kill from the same business. I can't code, does it make computer programming a bad career/fool's errand?? Bottomline: Just because you did not succeed in something doesn't warrant you calling it a fool's errand. Others have made it in the same. Well spoken. Same applies to dustbowling. But returns never lie. How much has even a well above average picker on the NSE made over the past decade? My neighbour Ngash age 75 has probably made more by buying and holding several tens of acres in dust bowl over the past ten years than half the investors in NSE combined over the same period. And he is illiterate!
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Why investing in the NSE is fool's gold and a waste
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