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Why investing in the NSE is fool's gold and a waste
MugundaMan
#181 Posted : Wednesday, September 11, 2019 8:50:43 AM
Rank: Veteran


Joined: 1/8/2018
Posts: 1,906
Location: DC (Dustbowl County)
sparkly wrote:
MugundaMan wrote:


After being hit by the reality that the crumbling casino is going nowhere fast and his battered portfolio is getting shaved thoroughly, Sparkles launches a pre-emptive attack on the booming real estate sector! My ribs! Laughing out loudly Laughing out loudly Laughing out loudly


Fast Moving Consumer Goods (FMCG) Enterprises are closing down and you want to tell us that real estate is booming? Kuwa serious


Laughing out loudly

Thankfully we have competent economists at KNBS rather than peni mbili bar room reasoning from online characters like Sparkles ati because mama boi's mandazi business is closing down, real estate in the entire Kenya is DOOMED forever Laughing out loudly




**Destination 2k posts and it's curtains!****Dustbowl County is the Future of Kenya. Join us investing here or perish!!****On Vacation until Jan 1st 2020**Current NSE holdings:ZERO. Next planned re-entry into the NSE: 2052
Spikes
#182 Posted : Wednesday, September 11, 2019 10:01:13 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,637
Location: Mombasa
MugundaMan wrote:
Again, when unable to respond cogently to the issues raised by MM about your voodoo science, 1) respond with garbage sideshows of zero substance, or 2) ATTACK his person or better yet, 3) Seek to get him BANNED from Wazoo.

My ribs! Laughing out loudly Laughing out loudly Laughing out loudly

Spikes and rwitre have still not told us why, If Bitcoin is such a "profitable" enterprise with crazy high returns.

1. How come there are no known bitcoin multimillionaires/billionaires in Kenya?

- The ones on the NSE are all known
- The ones in real estate are all known

You would assume if Bitfrauders are making 1000% returns per annum, they could start with 100k and become billionaires through compounding in a few years right? Waaaapi? Some of these chaps do not even own a decent mkebe of a car let alone any delusional bitcoin "profits" Laughing out loudly

Could it be because Spikes and Rwitre are bleeding red daily in their bitfraud portfolios and the only place where their phantom profits are taking place is in their minds? Laughing out loudly


@MugundaMan I would like to meet and teach you 101 on how to trade successfully? Will you pay me decently? Will the amount,if any, you will purport to pay me be from the real estate mullah?
Laughing out loudly Laughing out loudly Laughing out loudly
Laughing out loudly Laughing out loudly Laughing out loudly
Laughing out loudly Laughing out loudly Laughing out loudly
John 5:17But Jesus replied, “My Father is always working, and so am I.”
Spikes
#183 Posted : Wednesday, September 11, 2019 10:14:26 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,637
Location: Mombasa
@MugundaMan What you don't know nor understand, there are handful of experts who can do it with excellence to your astonishment. Your skills are limited to incremental attitude happening in real estate forgetting the new dispensation of exponential mindset using digital systems .
Sit tight and clap for me. I am about to explode to a dollar billionaire.
Applause Applause Applause
John 5:17But Jesus replied, “My Father is always working, and so am I.”
hardwood
#184 Posted : Wednesday, September 11, 2019 10:27:16 AM
Rank: Elder


Joined: 7/28/2015
Posts: 9,362
Location: Rodi Kopany, Homa Bay
Quite risky i'd say.....

https://www.bbc.co.uk/newsround/25622442

Quote:
Each Bitcoin is basically a computer file which is stored in a 'digital wallet' app on a smartphone or computer.

It is possible to lose your Bitcoin wallet or delete your Bitcoins and lose them forever. There have also been thefts from websites that let you store your Bitcoins remotely.

The value of Bitcoins has gone up and down over the years since it was created in 2009 and some people don't think it's safe to turn your 'real' money into Bitcoins.
sparkly
#185 Posted : Wednesday, September 11, 2019 11:03:48 AM
Rank: Elder


Joined: 9/23/2009
Posts: 7,219
Location: Enk are Nyirobi
MugundaMan wrote:
sparkly wrote:
MugundaMan wrote:


After being hit by the reality that the crumbling casino is going nowhere fast and his battered portfolio is getting shaved thoroughly, Sparkles launches a pre-emptive attack on the booming real estate sector! My ribs! Laughing out loudly Laughing out loudly Laughing out loudly


Fast Moving Consumer Goods (FMCG) Enterprises are closing down and you want to tell us that real estate is booming? Kuwa serious


Laughing out loudly

Thankfully we have competent economists at KNBS rather than peni mbili bar room reasoning from online characters like Sparkles ati because mama boi's mandazi business is closing down, real estate in the entire Kenya is DOOMED forever Laughing out loudly



Your assignment today is to check for the meaning of these words:

1. Decorum;
2. Civility;
3. Etiquette
4. Courtesy.

Good luck
Life is short. Live passionately.
cyruskulei
#186 Posted : Wednesday, September 11, 2019 1:04:14 PM
Rank: Member


Joined: 3/9/2010
Posts: 175
Location: kenya
sparkly wrote:
MugundaMan wrote:
[quote=sparkly][quote=MugundaMan]

After being hit by the reality that the crumbling casino is going nowhere fast and his battered portfolio is getting shaved thoroughly, Sparkles launches a pre-emptive attack on the booming real estate sector! My ribs! Laughing out loudly Laughing out loudly Laughing out loudly


Fast Moving Consumer Goods (FMCG) Enterprises are closing down and you want to tell us that real estate is booming? Kuwa serious


Laughing out loudly

Thankfully we have competent economists at KNBS rather than peni mbili bar room reasoning from online characters like Sparkles ati because mama boi's mandazi business is closing down, real estate in the entire Kenya is DOOMED forever Laughing out loudly


If mama Mandazi is closing down, then its the trickle down effects of low buy and spending power. No one will be spared by that unless you are a straight "stealer".

Every sector of the economy is interlinked
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.

sparkly
#187 Posted : Wednesday, September 11, 2019 1:38:52 PM
Rank: Elder


Joined: 9/23/2009
Posts: 7,219
Location: Enk are Nyirobi
cyruskulei wrote:
sparkly wrote:
MugundaMan wrote:
[quote=sparkly][quote=MugundaMan]

After being hit by the reality that the crumbling casino is going nowhere fast and his battered portfolio is getting shaved thoroughly, Sparkles launches a pre-emptive attack on the booming real estate sector! My ribs! Laughing out loudly Laughing out loudly Laughing out loudly


Fast Moving Consumer Goods (FMCG) Enterprises are closing down and you want to tell us that real estate is booming? Kuwa serious


Laughing out loudly

Thankfully we have competent economists at KNBS rather than peni mbili bar room reasoning from online characters like Sparkles ati because mama boi's mandazi business is closing down, real estate in the entire Kenya is DOOMED forever Laughing out loudly


If mama Mandazi is closing down, then its the trickle down effects of low buy and spending power. No one will be spared by that unless you are a straight "stealer".

Every sector of the economy is interlinked


Good luck trying to convince @MM that if people are having problems buying basic consumables in their households, they cannot possibly have money for big ticket items like land and housing.
Life is short. Live passionately.
MugundaMan
#188 Posted : Wednesday, September 11, 2019 2:00:46 PM
Rank: Veteran


Joined: 1/8/2018
Posts: 1,906
Location: DC (Dustbowl County)
Spikes wrote:
@MugundaMan What you don't know nor understand, there are handful of experts who can do it with excellence to your astonishment. Your skills are limited to incremental attitude happening in real estate forgetting the new dispensation of exponential mindset using digital systems .
Sit tight and clap for me. I am about to explode to a dollar billionaire.

Applause Applause Applause


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
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Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
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Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
**Destination 2k posts and it's curtains!****Dustbowl County is the Future of Kenya. Join us investing here or perish!!****On Vacation until Jan 1st 2020**Current NSE holdings:ZERO. Next planned re-entry into the NSE: 2052
MugundaMan
#189 Posted : Wednesday, September 11, 2019 2:06:10 PM
Rank: Veteran


Joined: 1/8/2018
Posts: 1,906
Location: DC (Dustbowl County)
cyruskulei wrote:


If mama Mandazi is closing down, then its the trickle down effects of low buy and spending power. No one will be spared by that unless you are a straight "stealer".

Every sector of the economy is interlinked


This is pure economic illiteracy my burodah.
Here is a simple task for you to do.
Go back and dust off that Economics 101 book you have not opened in 30+ years.
Find out what a GDP growth rate is, and the components thereof.
Then find out WHY Kenya's GDP growth rate has been at a world beating 5% plus average more or less for the past 17 years (other than election dips).
My friend, these things are not mchuzi or fombe that you swill down fuaaa in bars and restaurants.
Economy si mandazi!
Polojo and peni mbili mentalities ati I saw a kiosk collapse yesterday so economy is doomed simply will not cut the mustard my dear mubraddah :)

**Destination 2k posts and it's curtains!****Dustbowl County is the Future of Kenya. Join us investing here or perish!!****On Vacation until Jan 1st 2020**Current NSE holdings:ZERO. Next planned re-entry into the NSE: 2052
MugundaMan
#190 Posted : Wednesday, September 11, 2019 2:35:29 PM
Rank: Veteran


Joined: 1/8/2018
Posts: 1,906
Location: DC (Dustbowl County)
Economy DOOMSAYERS will really love this article: Laughing out loudly

https://www.nation.co.ke...38502-gb8mty/index.html

A few questions to Okoth (the article writer)

1. Who says a few job losses in a handful of big visible companies translates to a declining economy overall? Last time I checked the Kenyan economy is a vast behemoth spanning a multifaceted number of sectors, each of which has thousands if not hundreds of thousands of businesses, companies, sole proprietorships etc etc Isitoshe it has the largest informal sector in all of Africa, which also happens to be the overwhelming portion of the economy. One or two companies have a NEGLIGIBLE impact on overall GDP unless they are Safaricom or EABL: and we know how those companies are doing. Safaricom alone is near 50% capitalization of the entire casino (NSE). This year it declared its LARGEST profits ever. That should tell you something.

2. Who says cutting jobs means an economic decline in a particular industry? If Sparkles for example is running his mandazi kiosk business in Kayole, and decides to fire two of his five casuals in order to boost his bottom line and make bigger profits, how is that an indicator of an economic decline in Sparkles' mandazi business fortunes? Restructuring, downsizing and re-hiring are a NORMAL AND ORDINARY course of life for all businesses.

This is the problem of a sirikali saidia, government owes me a job society. INstead of creating their own jobs as the government creates a requisite enabling environment, the society wants to sit jobless at home crying in self pity every day and marveling at how they are jobless in an economy growing steadily at 5%+ annually.
**Destination 2k posts and it's curtains!****Dustbowl County is the Future of Kenya. Join us investing here or perish!!****On Vacation until Jan 1st 2020**Current NSE holdings:ZERO. Next planned re-entry into the NSE: 2052
Spikes
#191 Posted : Wednesday, September 11, 2019 10:58:42 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,637
Location: Mombasa
MugundaMan wrote:
Spikes wrote:
@MugundaMan What you don't know nor understand, there are handful of experts who can do it with excellence to your astonishment. Your skills are limited to incremental attitude happening in real estate forgetting the new dispensation of exponential mindset using digital systems .
Sit tight and clap for me. I am about to explode to a dollar billionaire.

Applause Applause Applause


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
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Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly


104 emojis
una bidii MM
John 5:17But Jesus replied, “My Father is always working, and so am I.”
Spikes
#192 Posted : Wednesday, September 11, 2019 11:04:58 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,637
Location: Mombasa
cyruskulei wrote:
sparkly wrote:
MugundaMan wrote:
[quote=sparkly][quote=MugundaMan]

After being hit by the reality that the crumbling casino is going nowhere fast and his battered portfolio is getting shaved thoroughly, Sparkles launches a pre-emptive attack on the booming real estate sector! My ribs! Laughing out loudly Laughing out loudly Laughing out loudly


Fast Moving Consumer Goods (FMCG) Enterprises are closing down and you want to tell us that real estate is booming? Kuwa serious


Laughing out loudly

Thankfully we have competent economists at KNBS rather than peni mbili bar room reasoning from online characters like Sparkles ati because mama boi's mandazi business is closing down, real estate in the entire Kenya is DOOMED forever Laughing out loudly


If mama Mandazi is closing down, then its the trickle down effects of low buy and spending power. No one will be spared by that unless you are a straight "stealer".

Every sector of the economy is interlinked


Who said economists at KNBS are competent? Because you saw the so called statisticians from KNBS headquarters wearing yellow reflectors on a live TV interview during the recently concluded census you vaguely and arbitrary draw the bottom line they are competent? Which metrics did you use to measure their works?
John 5:17But Jesus replied, “My Father is always working, and so am I.”
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