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Financial Choices In Your 20's
guru267
#21 Posted : Monday, December 10, 2012 9:51:11 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
sentinel prime wrote:
ahhh the naivety of youth....you just think money is so easy...


ahhh the closed mindedness of the elderly.... you just think money is so hard...
Mark 12:29
Deuteronomy 4:16
sentinel prime
#22 Posted : Monday, December 10, 2012 10:54:48 PM
Rank: New-farer


Joined: 11/12/2012
Posts: 92
guru267 wrote:
sentinel prime wrote:
ahhh the naivety of youth....you just think money is so easy...


ahhh the closed mindedness of the elderly.... you just think money is so hard...


ma'am , FYI I am younger than you....barely 30.
dave.kim
#23 Posted : Monday, December 10, 2012 11:14:27 PM
Rank: Member


Joined: 6/25/2010
Posts: 176
S.Mutaga III wrote:
Having turned 21 a month ago,any money I get from my online store is invested in nse and the remaining 30% I take to the party...I hope to have a big portfolio before my parents kick me out after campus...or better still before I leave home:...goals are to have a stable business and a portfolio of about 5 companies....maybe 2 agricultural companies,2 banks and an insurance company.I hope after reading this and getting insight I will succeed..
Disclaimer: Partying 30% is non-negotiable.

Laughing out loudly Laughing out loudly Laughing out loudly I agree!!
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
guru267
#24 Posted : Tuesday, December 11, 2012 7:14:12 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
sentinel prime wrote:
guru267 wrote:
sentinel prime wrote:
ahhh the naivety of youth....you just think money is so easy...


ahhh the closed mindedness of the elderly.... you just think money is so hard...


ma'am , FYI I am younger than you....barely 30.


English 101: you should have used "WE the youth" instead of "YOU the youth" in your post... Drool
Mark 12:29
Deuteronomy 4:16
2012
#25 Posted : Tuesday, December 11, 2012 12:13:12 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
sentinel prime wrote:
ahhh the naivety of youth....you just think money is so easy...



It's never that serious. Please enjoy your youth lest you start doing weird things later on in life. Somethings you need to experience for yourself as they will help you in self discovery. I'm sure we all know a person or two who forgot to grow up, 50yrs old booming Wiz Khalifa songs in the car and dressed like him.

BBI will solve it
:)
sentinel prime
#26 Posted : Tuesday, December 11, 2012 1:02:08 PM
Rank: New-farer


Joined: 11/12/2012
Posts: 92
2012 wrote:
sentinel prime wrote:
ahhh the naivety of youth....you just think money is so easy...



It's never that serious. Please enjoy your youth lest you start doing weird things later on in life. Somethings you need to experience for yourself as they will help you in self discovery. I'm sure we all know a person or two who forgot to grow up, 50yrs old booming Wiz Khalifa songs in the car and dressed like him.


I am a firm believer in the vanity of life.......whether you 'enjoy' your life or not it doesn't matter in the end...what does the philosopher in ecclesiastics say is of value? all other is meaningless.
ProverB
#27 Posted : Tuesday, December 11, 2012 3:55:52 PM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
Solomon..Richest man whoever lived wrote:
..by wisdom a house is built...by understanding it is established..by knowledge it is filled with rare and precious treasures..


That said.. investing...putting something aside for future..quite wise thinking..

your Understanding the stock market is critical...moreso foreseeing potential of a futures market and waiving the need of going through a broker within next 2 years or so...ur understanding of financial markets and trading is more crucial than ever before..

How much you know..and are willing to invest in knowing will determine just how fruitful your investments in stock will be..

#He also did say however:
..the race is not to the swift,..Nor the battle to the strong..Nor bread to the wise...Nor riches to men of understanding..Nor favor to men of skill; But time and chance happen to them all. ~ Eccl 9:11

..Don't be too wise in your own eyes. smile
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
Lolest!
#28 Posted : Tuesday, December 11, 2012 8:39:02 PM
Rank: Elder


Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
2012 wrote:


It's never that serious. Please enjoy your youth lest you start doing weird things later on in life. Somethings you need to experience for yourself as they will help you in self discovery. I'm sure we all know a person or two who forgot to grow up, 50yrs old booming Wiz Khalifa songs in the car and dressed like him.
but some guys just never grow up. They do the stuff they were doing in their 20s while @40. Bottomline: understand yourself evn as you invest!
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
Ngong
#29 Posted : Thursday, December 13, 2012 11:58:21 AM
Rank: Veteran


Joined: 11/17/2012
Posts: 1,461
Location: Ngong Forest
nakujua wrote:
in your 20's you should be in development/enjoyment phase - spend as much as you can on social and income development.
don't think about saving, it locks your mind.
any 20 something year old out there, this is the best time to experiment.


Wazi! @20 investing makes you look mean and over calculating.
At that age I had workmates who could not buy themselves imperial leather soap [a little luxury everyday ] instead they used to shower with company provided panga soap. 20 years later they stil do and look very miserable with their savings if they have any!
Its time to broaden ua mind
Ngong
#30 Posted : Thursday, December 13, 2012 12:04:20 PM
Rank: Veteran


Joined: 11/17/2012
Posts: 1,461
Location: Ngong Forest
InnovateGuy wrote:
Wow! If I apply this 60/40 rule, I'll be a damn billionaire by 30! smile smile smile


Pray By 30? are u 1 or 0 now?
wilyum
#31 Posted : Thursday, December 13, 2012 12:34:46 PM
Rank: Veteran


Joined: 12/21/2011
Posts: 1,010
eti you shouldnt be investing at your twenties,i dont think so,wots the point of running up and down in ur thirties and forties investing while u should be moulding those younglets. invest while young!!! bt dont forget 2 pay urself first and enjoy wot u like!!
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