I need some help, pretty please. Perhaps you've heard statement or claim that return from stocks beats all other asset classes (bonds, property) in the long run. Does this relate to the Kenyan context? Someone from the NSE said they met a Barclays shareholder who purchased BBK at 0.50 cents. Any clue what prices shares were trading at in the NSE say in 1980/1990 to help compare with rates of return to property aquired in the same era?

I met someone who bought a quarter acre in embakasi in 1993 at 68,000/= today the same plot is about 1.4m or more..and rising...thats why I've come to trust Land more than stocks...unlike stocks, land prices(in kenya) know only one direction ...UP ..

@muganda the best long run investments are either stocks or residential or commercial property not land because these tend to smash inflation in the long term whereas bonds tend to move at the same pace(or slower) than inflation... but reader beware!!! stocks are very dependant on the type of inflation... demand pull inflation is wonderful for stocks whereas cost push inflation tends to slaughter stocks terribly in the long run

i think it was during the IPO. will have to confirm. but about 10/-

Muganda, the BBK IPO price in 1986 was 16/- and they issued 5,000,000 shares. It was oversubscribed by 600% and they raised around 80million. A house in Buru was like 200-250,000/-. Hope this helps!