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SHARES versus REAL ESTATE
Dawnwoods
#51 Posted : Thursday, April 16, 2015 7:30:01 PM
Rank: New-farer

Joined: 5/22/2014
Posts: 56
@Kenstat..I understood what you meant and you are right on point.
streetwise
#52 Posted : Thursday, April 16, 2015 9:42:15 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
It is probably easier to become a stock billionaire than a land owner worth s billion
S.Mutaga III
#53 Posted : Thursday, April 16, 2015 9:46:06 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
This is a very broad question. It all boils down to the expected return on investment from either. Some investments in real estate, especially commercial property have very lucrative returns and low risks which makes them better than stocks. Also, in a bear market, it is possible to collect a basket of blue chips yielding 10%+ in dividends. It all boils down to the best deals you have on a table and the depth of your pocket. Follow the money...not the industry. The best way to decide is to bring two deals to the table, which you believe are within your budget and are the best in either form of investment. Then do your math. Sometimes real estate wins, sometimes stocks wins.
A successful man is not he who gets the best, it is he who makes the best from what he gets.
Sufficiently Philanga....thropic
#54 Posted : Thursday, April 16, 2015 10:18:54 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
A friend of mine is just concluding selling land that he bought in 2009 at ten times the buying price. But he tells me he has made more in stocks.
@SufficientlyP
Sober
#55 Posted : Thursday, April 16, 2015 10:49:22 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
streetwise wrote:
It is probably easier to become a stock billionaire than a land owner worth s billion


True, and one can become rich by learning how to trade stocks by reading. For you to be very rich via land requires learning by experience.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
UpcomingPaperChaser
#56 Posted : Thursday, April 16, 2015 11:06:05 PM
Rank: Member

Joined: 1/20/2015
Posts: 489
Location: Nairobi
Sufficiently Philanga....thropic wrote:
A friend of mine is just concluding selling land that he bought in 2009 at ten times the buying price. But he tells me he has made more in stocks.


If this is true, then your friend is stinking rich!!
Enjoy every moment of your life, you never know when your time will come.
derick
#57 Posted : Friday, April 17, 2015 12:01:19 AM
Rank: Member

Joined: 1/10/2015
Posts: 411
UpcomingPaperChaser wrote:
Sufficiently Philanga....thropic wrote:
A friend of mine is just concluding selling land that he bought in 2009 at ten times the buying price. But he tells me he has made more in stocks.


If this is true, then your friend is stinking rich!!

Your income is directly related to your philosophy, Not the economy.-Jim Rohn
derick
#58 Posted : Friday, April 17, 2015 12:13:07 AM
Rank: Member

Joined: 1/10/2015
Posts: 411
kenstat wrote:
sparkly wrote:
kenstat wrote:
Wa_ithaka wrote:
Warren Buffet & Geroge Soros (both 80); Chris Kirubi (60s?);Aly Khan (50s?) would all tell you where to get off if you told them not to dabble in shares?

The
Well, yes, if you are a billionaire/millionaire/person of means. The average person who is depending on their portfolio to generate income for retirement will be taking a risk by putting it 100% in stocks when close to retirement.I work with atleast 6 people who have pushed their retirement out 3-5 years because of the market meltdown a couple of year ago.

If you are a billionaire, there is really no need to "retire", your maney keeps working....


What you mean if you are a billionaire, how many people are born billionaires?


What's your point?

Your income is directly related to your philosophy, Not the economy.-Jim Rohn
murchr
#59 Posted : Friday, April 17, 2015 12:23:13 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Sufficiently Philanga....thropic wrote:
A friend of mine is just concluding selling land that he bought in 2009 at ten times the buying price. But he tells me he has made more in stocks.


I wonder what stock would have made him richer 10 times if he bought it in 2009
"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
.
jawgey
#60 Posted : Friday, April 17, 2015 7:41:05 AM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
murchr wrote:
Sufficiently Philanga....thropic wrote:
A friend of mine is just concluding selling land that he bought in 2009 at ten times the buying price. But he tells me he has made more in stocks.


I wonder what stock would have made him richer 10 times if he bought it in 2009


I don't think he's been holding on to one stock.. He must be a wise trader
Seeing is believing
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