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Passive income
Aguytrying
#31 Posted : Friday, February 11, 2011 10:40:53 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
The concencus is clear. Many ways to skin the cat. Real estate being the straight forward tried and tested Locally.
The investor's chief problem - and even his worst enemy - is likely to be himself
Seles83
#32 Posted : Friday, February 11, 2011 11:34:43 PM
Rank: Member

Joined: 11/9/2007
Posts: 288
Location: OZ
2012 wrote:
Seles83 wrote:

NB:Dont get married or live with your galfriend...


So your purpose in life will be to make money then die?
What a waste.


I am married..and when you are no ammount of monies is sufficient..Expenses will always increase..

When you are single..you can keep track of your expenses..and insult the very essence of living..without infringing or pissing off anyone..

BTW being single at 40 is sexY and respect to my fellas..
More monies, more problems...
VituVingiSana
#33 Posted : Saturday, February 12, 2011 1:36:33 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
If you are willing to ignore the constant complaints of family... then yes, the single life is a-ok. To do this you have to keep a healthy distance from family members who want to fix you up!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
gatoho
#34 Posted : Saturday, February 12, 2011 4:14:21 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
VituVingiSana wrote:
If you are willing to ignore the constant complaints of family... then yes, the single life is a-ok. To do this you have to keep a healthy distance from family members who want to fix you up!



Laughing out loudly Laughing out loudly Laughing out loudly

Am in very good company here I see!
Foresight..
qw25041985
#35 Posted : Saturday, February 12, 2011 8:07:56 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
2012 wrote:
Seles83 wrote:

NB:Dont get married or live with your galfriend...


So your purpose in life will be to make money then die?
What a waste.


WOW . u must be jokin.kwani which side of your brain are you using ? d'oh! d'oh! d'oh!
Your future depends on your dreams so go to sleep !
mjuaji wa stocks
#36 Posted : Saturday, February 12, 2011 8:56:58 AM
Rank: Member

Joined: 1/16/2010
Posts: 672
Location: nairobi
Good Topic;

I will pouch for Real Estate ..... rental property whether flats ama offices ...... iko pesa.


Maich nyeusi ..... kishaweka sawa sawa ....

God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!

KenyanLyrics
#37 Posted : Saturday, February 12, 2011 11:58:53 AM
Rank: Veteran

Joined: 4/16/2010
Posts: 906
Location: Nairobi
@Aguytrying, what I'm getting from your opening post is that you want to earn an upper class income via low-risk investments. My train of thought is that you have to first get rich through high risk jobs/investments/business, then keep your money safe in low-risk, passive investments like rentals. So my question to you is... have you already got rich through a high risk job/investment/business?
Pablo
#38 Posted : Saturday, February 12, 2011 12:39:26 PM
Rank: Member

Joined: 3/17/2008
Posts: 567
Location: Nairobi

@Seles83

I feel you man.
MaichBlack
#39 Posted : Saturday, February 12, 2011 1:36:03 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,859
Seles83 wrote:
I am married..and when you are no ammount of monies is sufficient..Expenses will always increase..

When you are single..you can keep track of your expenses..and insult the very essence of living..without infringing or pissing off anyone..

@Seles - This is called Parkinson's Second Law which states "Expenditure rises to meet income". It affects everyone and has nothing to do with marriage. To survive you have to control your expenditure regardless of your age, marital status, level of income etc. or the inevitable will surely happen; The expenditure will rise to meet the income! True story. Do a self assessment. What happens every time you get an increase in income? Move to a 'better' house, get a new car, change where you shop, eat etc.

Habari ndiyo hiyo.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Stealth
#40 Posted : Saturday, February 12, 2011 3:51:58 PM
Rank: Member

Joined: 5/3/2010
Posts: 145
Location: East Africa
To the singles - I feel ya.
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