Wazua
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Investing in your 20s
Rank: Member Joined: 1/20/2015 Posts: 489 Location: Nairobi
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[/quote] Ok, ok @sitaki.kujulikana,I'm 28, monthly income about KES 130,000 excluding per diem allowances which range from 20k to 200k monthly, I work in engineering. [/quote] Which specialty in engineering? my friend engineers are languishing with a 6ok net salary at safaricom and have to work at times at odd hours while u are harvesting almost thrice their salo!! Marry a Mkamba, Mmasai and Mwarabu!! Enjoy every moment of your life, you never know when your time will come.
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Rank: New-farer Joined: 6/25/2015 Posts: 36 Location: Nairobi, Kenya
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UpcomingPaperChaser wrote: Ok, ok @sitaki.kujulikana,I'm 28, monthly income about KES 130,000 excluding per diem allowances which range from 20k to 200k monthly, I work in engineering. [/quote] Which specialty in engineering? my friend engineers are languishing with a 6ok net salary at safaricom and have to work at times at odd hours while u are harvesting almost thrice their salo!! Marry a Mkamba, Mmasai and Mwarabu!![/quote] If I get into any more details I'll be sharing too much information. Encourage your friends. Pay for engineers definitely gets better as you gain more experience and specialize. Those odd hours will pay in the end. Sky's the limit. About Mkamba, Mmasai or Mwarabu, hmm...
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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UpcomingPaperChaser wrote: Ok, ok @sitaki.kujulikana,I'm 28, monthly income about KES 130,000 excluding per diem allowances which range from 20k to 200k monthly, I work in engineering. [/quote] Which specialty in engineering? my friend engineers are languishing with a 6ok net salary at safaricom and have to work at times at odd hours while u are harvesting almost thrice their salo!! Marry a Mkamba, Mmasai and Mwarabu!![/quote] 60K??? That's a salary for a cashier who has KATC II why would an engineer be paid 60K? I thought with 130K he was being underpaid ama these are Zetech engineerslike impunity If Obiero did it, Who Am I?
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Rank: New-farer Joined: 6/25/2015 Posts: 36 Location: Nairobi, Kenya
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Swenani wrote:UpcomingPaperChaser wrote: Ok, ok @sitaki.kujulikana,I'm 28, monthly income about KES 130,000 excluding per diem allowances which range from 20k to 200k monthly, I work in engineering. Which specialty in engineering? my friend engineers are languishing with a 6ok net salary at safaricom and have to work at times at odd hours while u are harvesting almost thrice their salo!! Marry a Mkamba, Mmasai and Mwarabu!![/quote] 60K??? That's a salary for a cashier who has KATC II why would an engineer be paid 60K? I thought with 130K he was being underpaid ama these are Zetech engineerslike impunity [/quote] Most engineers usually start out with 40-50k (esp if they're working in contractor firms or some of these manufacturing companies) However, they gain good income from travel allowances and side hustles (design work, construction, installations, consultancy etc) It's one of those careers where you get a significant boost once you get registered by the board, and become a specialist or you start your own firm as opposed to moving up the ladder into management. You'll find technicians in companies such as Kenya Power and KQ earning much more than the engineers due to specialization (and CBAs help too  )
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Rank: Elder Joined: 11/7/2007 Posts: 2,182
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Multipod wrote:murchr wrote:So many pple like you have posted stuff here just dig up wazua The thing is, I've been reading up on different threads here and I'm overwhelmed. I always leave feeling more confused than informed. Then maybe just maybe you need to chill out from investment for some time LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Rank: New-farer Joined: 1/21/2015 Posts: 78 Location: Pare Pare
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Multipod wrote:Hi guys
I'm in my 20s, looking for the best way to invest my money. So far, I've bought land, I have 2 term policies, I'm in a chama where we contribute quite a good amount of cash monthly (but don't know what to do with it). I feel I should be doing more but I don't know where to start since I don't have a financial background. Stocks are an unchartered territory for me. I'd really love to acquire a house before I turn 30 but the mortgage threads here are quite discouraging. I have a monthly salary and varying allowances from work travel.
For those with more financial experience, what should I do? I'm open to taking more risks but I'm wary of people taking advantage of my naivety.
Heeeelp! Why do people always ignore manufacturing? Have you had a look at a scalable manufacturing/processing idea? With an engineering background you could possibly have a unique advantage starting in that sector. For instance, you could look at Alibaba for some ideas.
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Rank: New-farer Joined: 6/25/2015 Posts: 36 Location: Nairobi, Kenya
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Nimerudi wrote:
Why do people always ignore manufacturing? Have you had a look at a scalable manufacturing/processing idea? With an engineering background you could possibly have a unique advantage starting in that sector. For instance, you could look at Alibaba for some ideas.
I have always considered manufacturing but the ideas I have require very high initial capital costs. So I put them on the back burner for now.
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Rank: New-farer Joined: 6/25/2015 Posts: 36 Location: Nairobi, Kenya
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Swenani wrote:
Impunity is that you?
I know not of this Impunity that you speak of.
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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Swenani wrote:UpcomingPaperChaser wrote: Ok, ok @sitaki.kujulikana,I'm 28, monthly income about KES 130,000 excluding per diem allowances which range from 20k to 200k monthly, I work in engineering. Which specialty in engineering? my friend engineers are languishing with a 6ok net salary at safaricom and have to work at times at odd hours while u are harvesting almost thrice their salo!! Marry a Mkamba, Mmasai and Mwarabu!![/quote] 60K??? That's a salary for a cashier who has KATC II why would an engineer be paid 60K? I thought with 130K he was being underpaid ama these are Zetech engineerslike impunity [/quote] I know a Mechanical Engineer earning 60k gross with 7 years experience. Working with some mhindi industrial co Graduate of THE
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Rank: New-farer Joined: 1/21/2015 Posts: 78 Location: Pare Pare
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Lolest! wrote:Swenani wrote:UpcomingPaperChaser wrote: Ok, ok @sitaki.kujulikana,I'm 28, monthly income about KES 130,000 excluding per diem allowances which range from 20k to 200k monthly, I work in engineering. Which specialty in engineering? my friend engineers are languishing with a 6ok net salary at safaricom and have to work at times at odd hours while u are harvesting almost thrice their salo!! Marry a Mkamba, Mmasai and Mwarabu!! 60K??? That's a salary for a cashier who has KATC II why would an engineer be paid 60K? I thought with 130K he was being underpaid ama these are Zetech engineerslike impunity [/quote] I know a Mechanical Engineer earning 60k gross with 7 years experience. Working with some mhindi industrial co Graduate of THE[/quote] That's just sad.  After 5 years of study in one of the most demanding courses. 
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