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SHARES versus REAL ESTATE
sparkly
#41 Posted : Tuesday, June 22, 2010 4:37:11 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
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?


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?
Life is short. Live passionately.
kenstat
#42 Posted : Tuesday, June 22, 2010 4:39:46 PM
Rank: New-farer

Joined: 12/31/2009
Posts: 43
Location: Tundra
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?


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?
kyt
#43 Posted : Tuesday, June 22, 2010 8:49:50 PM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
kensat you cant be that dumb! surely.
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
kenstat
#44 Posted : Wednesday, June 23, 2010 2:39:09 AM
Rank: New-farer

Joined: 12/31/2009
Posts: 43
Location: Tundra
kyt wrote:
kensat you cant be that dumb! surely.


Shame on you

No sir. Are you?

My 2 cents
#45 Posted : Wednesday, June 23, 2010 9:58:54 AM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,091
kenstat wrote:
kyt wrote:
kensat you cant be that dumb! surely.


Shame on you

No sir. Are you?


Easy, easy......do we need to call the french referee for you two?
sparkly
#46 Posted : Wednesday, June 23, 2010 11:28:53 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
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?


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?


Dude, when talking investment 1 Bob is as important as 1 Billion. The same rules that are involved in growing the 1 Bob apply to the Billion.

Whether your corpus is worth 100K or 100B you need to make your money work for you.

Caveat: i am not taking anything from your opinions, Of course you are entitled to them. ploease try to restrain yourself from lashing out with tirades.
Life is short. Live passionately.
kenstat
#47 Posted : Wednesday, June 23, 2010 1:15:38 PM
Rank: New-farer

Joined: 12/31/2009
Posts: 43
Location: Tundra
[/quote]


Dude, when talking investment 1 Bob is as important as 1 Billion. The same rules that are involved in growing the 1 Bob apply to the Billion.

Whether your corpus is worth 100K or 100B you need to make your money work for you.

Caveat: i am not taking anything from your opinions, Of course you are entitled to them. ploease try to restrain yourself from lashing out with tirades.
[/quote]


Laughing out loudly Laughing out loudly
Where am I lashing out and where is the tirade? I thought we were all taught comprehension in our younger years?


Anyway either you missed my point or did not read what I was writing. My point is IF you are a kawaida mwananchi, nearing "retirement" age AND you are depending on your Ka portfolio to provide the income for the sunset years, it behooves you to diversify some of your stock holdings to assets where the entire principle is not exposed.

If the market tanks, it will come back. But for someone nearing retirement,with no other income source this may mean working longer while the portfolio recovers. My underlying assumption again is if you are depending in this maney to fund your retirement.

As to your point, well duh! I suppose this last statement will qualify as a tirade now?
sparkly
#48 Posted : Wednesday, June 23, 2010 1:30:44 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
kenstat wrote:



Dude, when talking investment 1 Bob is as important as 1 Billion. The same rules that are involved in growing the 1 Bob apply to the Billion.

Whether your corpus is worth 100K or 100B you need to make your money work for you.

Caveat: i am not taking anything from your opinions, Of course you are entitled to them. ploease try to restrain yourself from lashing out with tirades.
[/quote]


Laughing out loudly Laughing out loudly
Where am I lashing out and where is the tirade? I thought we were all taught comprehension in our younger years?


Anyway either you missed my point or did not read what I was writing. My point is IF you are a kawaida mwananchi, nearing "retirement" age AND you are depending on your Ka portfolio to provide the income for the sunset years, it behooves you to diversify some of your stock holdings to assets where the entire principle is not exposed.

If the market tanks, it will come back. But for someone nearing retirement,with no other income source this may mean working longer while the portfolio recovers. My underlying assumption again is if you are depending in this maney to fund your retirement.

As to your point, well duh! I suppose this last statement will qualify as a tirade now?[/quote]

If i get you right, you are saying that if the market tanked, it would not affect people like WB.

Do you have a n idea of how many wealthy americans committed suicide after the great dpresssion?
Life is short. Live passionately.
mthaka
#49 Posted : Thursday, April 16, 2015 4:49:17 PM
Rank: Member

Joined: 9/30/2013
Posts: 254
land anytime
bomet_investor
#50 Posted : Thursday, April 16, 2015 7:03:29 PM
Rank: Hello

Joined: 3/7/2015
Posts: 8
Shares over the LONGTERM outperform all other investments, off course with the proper asset allocation to minimize risks and maximise gains. I disagree about 1 bob vs 1 billion being the same, the 1 billion guy can get a seat in the board and be privy to information that is not in the public domain which will give him an edge over the 1 bob guy.
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