govmusilli

i love living a quiet life and let my money work for me. I don't broiler chicken makes my life any easier. In fact, the chicken are stressed and so are you.

I am more into range chicken. You let the chicken do what they know best. ie eat grass, bugs and give birth...Naturally.

Believe me, it is stress free and you have fun.

My advice is go into free range chicken. It pays handsomely. Go to kenchic, get that hybro they have. Just buy 50 and let them loose on your farm. buy another 50 of their so called hybrid layers. GEt a few kienyeji males about 6. Mix them and let them be.

it has two advantages, the chicken will give you manure for your farm and they will continue multiplying.

I started with 100 which I bought for my mom in december before I came back. the flock is now some 500 Now I have about 300 eggs a day. so its now self sustaining.

My costs
0 for drugs
4000 for feeds that I supplement
10000 for a number of chicken houses
a few thousands to make people in my village happy.

Stress free and happy.

the same with dividend stocks. I choose a company I like. I actually visit the companies before I buy them. If i like the receptionist, I may buy.

I then let other people work their asses for me and speculator drive the price higher.

Honestly, I use nature as an example of all my investment decisions. Try it...You will be very surprised.

@ rasilio, i like your way of thinking- let your money work for you.

i beg to differ with your coment on option 2. A few people have the option of using option 2.

A friend of mine who works for a bank, got a mortgage at 7%, bought a house 20 kms from Nairobi.
Her monthly repayment is 24K while she charges her tenant 25k per month. VOILA!

vituvingi..you got the words right out of my mouth. I believe the kenya property market is really not what i consider stress free investing. even if i bought the property, do i get a title, is it a certificate, is the land grabbed, is the agent honest? just too many issues for me to consider it viable for my plans. If i was buying to live in it, i would consider it but i'm not impressed with kenyan property.

however, i can buy shares in a company that deals with property or buys property to work on. that way, I am buying property but the company is dealing with all the headaches.

redondo forgive me if I don't put kenyan property in the same level as property in the world in general. I don't think I would be the first investor to have their buildings stripped down because someone grabbed some land sometime ago.

I am not looking for a debate on the pros or cons of property in kenya or a bubble or not. Property in Kenya is not part of my investing goal even if its profitable for some. I was just looking for dividend stocks as they are more palatable.

@Gladiator,
Do you have a list of companies on the other end of the scale i.e with diminishing dividend yields?
Of course NBK has nor paid a dividend for many years and wonder whether it has any prospects

@rasilio,
I like your approach



When visiting these companies,what do you tell the receptionist...that you went there to check her out?