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Becoming a millionaire...What is the Inflexion point??
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Impunity
#1 Posted : Monday, April 27, 2009 1:21:00 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
At what point in life (read Age) should one consider himself unable to be a self made millionaire?I heard Maina Kageni say on Jeff's K24 that if you are NOT a millionaire by 35 then forget that race and seek to become a subsistence citizen.( as in subsistence farmer,hand to mouth).........If this is true then am seeing very few Millionaires in this house.



Which is more dirty,the pig or Kenyan mp?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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mtaalam
#2 Posted : Monday, April 27, 2009 2:33:00 PM
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Joined: 11/2/2006
Posts: 519
It depends on your definition of a millionaire. Is it someone who within time has had a million shillings pass through his hands eg 42k in 2yrs? is it someone with assets worth over 1m? or is it someone worth over 5m? I really have never understood what people mean when they say someone is a millionaire. Billionaire I get.


The best time to plant a tree is twenty years ago. The second best time is now.
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kamangu
#3 Posted : Monday, April 27, 2009 4:15:00 PM
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Joined: 11/21/2008
Posts: 57
some people are born to serve so of u hit 35 n still u have not made ua million u can as well count ua self one of the many servants.

Nyani hoani kundule
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GKI
#4 Posted : Monday, April 27, 2009 4:36:00 PM
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Joined: 3/8/2009
Posts: 13
before i made my 1 million (was below 30),I told a collegue from malawi that 'by the time I am 35,I want to have made 5m'.. he looks at me and asks 'dollars or shillings'? I go like 'shillings'... he said thats too little...nothing to be proud of! ....

so be careful to define the curreny!... but i believe by millioniare means 'worthy a million'..not just 'touched' a million but no clue where it went!


Every dream starts as an idea; just like a tree starts as a tiny seed
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GKI
#5 Posted : Monday, April 27, 2009 4:39:00 PM
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Joined: 3/8/2009
Posts: 13
nothin like giving up to eb a servant... keep trying,if you hit it at 70,who cares,you tried! just make sure to use it,or else you die and who we can do is buy the most expensive coffin,and the rest your sons/dotas will drink beer!


Every dream starts as an idea; just like a tree starts as a tiny seed
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jerry
#6 Posted : Monday, April 27, 2009 6:16:00 PM
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Joined: 9/29/2006
Posts: 2,570
A few years ago I heard that only 125,000 Kenyans earn 125,000/= and above pm. I wonder what x is today for a similar statement. X Kenyans earn more than x sh pm.

Ecs 11.2 Give portions to seven,yes to eight,for you do not know what disaster may come upon the land.
The opposite of courage is not cowardice, it's conformity.
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