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Treasury Bills and Bonds
jawgey
#1391 Posted : Tuesday, May 05, 2020 9:03:24 AM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
amorphous wrote:
ibsi wrote:
Esstiko wrote:
Impunity wrote:
ibsi wrote:
ibsi wrote:
Still waiting for mine.


It was timely today y


smile smile

it so sweet once it hit your emaciated account.

Laughing out loudly Laughing out loudly Na hii njaa ya Corona


With Corona, you save a lot. It is everyone's hope to outlive this epidemic to enjoy the fruits of investment. I have come to discover that with discipline in investment, you'll only use your brain and fingers and figures will be trickling into your account. You just relax and let money work for you.😆


You are ahead of the curve, brother. This is the mystery most human beings waste their whole lives never understanding.

An employee (even a CEO) trades time for money, which is a losers game. Sadly 99% of humanity is traped here or (wittingly or unwittingly) aspires to be trapped here. I would venture that 95% of Wazuans are here. Trading time for money means the chance of scaling up is next to zero. No matter how much you produce, mshahara ni ile ile (heavily taxed!) Only the top CEOs are able to get ahead but they are just a handful and it took some 30 years to get to where they are.

A self employed business owner stuck in his/her small tu shop or business or farm is an employee on steroids because they are trading even more of their time for money! They get in first and leave last. But their advantage over an employee is that their upside depends on their effort, talent and interpersonal skills. They will 9 times out of ten make more than most employees due to this but barely so. His/her business however is not scalable without drastic investments/changes so they usually remain here for life.

A true, conventional business owner has broken free from trading time for money trap that 99.99% of humanity grinds souls and teeth to. He is able to leverage OPM and OPL (Other people's money and other people's labour) to mint big. An example would be Chris Kirubi. All his businesses are run by professional manager. When he was ailing in US they were still running shwaaaa and people were listening to Capital FM nywee without missing a beat. He does not trade time for money, but he actively checks on his businesses and perhaps makes active decisions, attends board meetings and so on. That's where the power lies - not trading time for money.

A 100% investor is even a notch higher than Kirubi. Not because he has more money (he probably doesn't) but trades time for money at the 0% level. These are the guys you see riding their bikes at 9am on Uhuru Highway nywaaaa heading to Aberdares or who knows where while others are rushing to their slavery gigs. Or taking a plane to go to Ethiopia fuaaa just to taste the coffee there for the weekend. Least taxed, no activist involvement whatsoever, 100% control of their time and income increasing at an increasing rate despite it all. Less than 0.00001% of humanity ever gets to this stage nor can they because they have been trained in the schools to be zombies who do not question why life is designed the way it is and why a paycheck of crumbs is dangled before them as the ultimate prize in life.

Ujumbe ndio huo huo tek et or leave et


Clearly you have read a lot of financial books (including Rich dad poor dad). You should have mentioned the likes of Warren Buffet in your analysis just to encourage 'wanahisa' to keep going. Not everybody is wired for business.
Seeing is believing
amorphous
#1392 Posted : Wednesday, May 06, 2020 7:39:18 PM
Rank: Member

Joined: 5/15/2019
Posts: 687
Location: planet earth
jawgey wrote:
amorphous wrote:
ibsi wrote:
Esstiko wrote:
Impunity wrote:
ibsi wrote:
ibsi wrote:
Still waiting for mine.


It was timely today y


smile smile

it so sweet once it hit your emaciated account.

Laughing out loudly Laughing out loudly Na hii njaa ya Corona


With Corona, you save a lot. It is everyone's hope to outlive this epidemic to enjoy the fruits of investment. I have come to discover that with discipline in investment, you'll only use your brain and fingers and figures will be trickling into your account. You just relax and let money work for you.😆


You are ahead of the curve, brother. This is the mystery most human beings waste their whole lives never understanding.

An employee (even a CEO) trades time for money, which is a losers game. Sadly 99% of humanity is traped here or (wittingly or unwittingly) aspires to be trapped here. I would venture that 95% of Wazuans are here. Trading time for money means the chance of scaling up is next to zero. No matter how much you produce, mshahara ni ile ile (heavily taxed!) Only the top CEOs are able to get ahead but they are just a handful and it took some 30 years to get to where they are.

A self employed business owner stuck in his/her small tu shop or business or farm is an employee on steroids because they are trading even more of their time for money! They get in first and leave last. But their advantage over an employee is that their upside depends on their effort, talent and interpersonal skills. They will 9 times out of ten make more than most employees due to this but barely so. His/her business however is not scalable without drastic investments/changes so they usually remain here for life.

A true, conventional business owner has broken free from trading time for money trap that 99.99% of humanity grinds souls and teeth to. He is able to leverage OPM and OPL (Other people's money and other people's labour) to mint big. An example would be Chris Kirubi. All his businesses are run by professional manager. When he was ailing in US they were still running shwaaaa and people were listening to Capital FM nywee without missing a beat. He does not trade time for money, but he actively checks on his businesses and perhaps makes active decisions, attends board meetings and so on. That's where the power lies - not trading time for money.

A 100% investor is even a notch higher than Kirubi. Not because he has more money (he probably doesn't) but trades time for money at the 0% level. These are the guys you see riding their bikes at 9am on Uhuru Highway nywaaaa heading to Aberdares or who knows where while others are rushing to their slavery gigs. Or taking a plane to go to Ethiopia fuaaa just to taste the coffee there for the weekend. Least taxed, no activist involvement whatsoever, 100% control of their time and income increasing at an increasing rate despite it all. Less than 0.00001% of humanity ever gets to this stage nor can they because they have been trained in the schools to be zombies who do not question why life is designed the way it is and why a paycheck of crumbs is dangled before them as the ultimate prize in life.

Ujumbe ndio huo huo tek et or leave et


Clearly you have read a lot of financial books (including Rich dad poor dad). You should have mentioned the likes of Warren Buffet in your analysis just to encourage 'wanahisa' to keep going. Not everybody is wired for business.


Wanahisa are even more sooper-ndoomed than plain employees because they have zero control over both time and their investment. As you know the I in Kiyosaki's CFQ stands for INSIDE investor meaning a guy like Kirubi, who controls Centum, investing in Centum hisa. Joe blow sitting in his creaky office chair staring beady-eyed at his screen trading KCB ako na control ngani? None!
In the final analysis, it all boils down to sheer plain old hard work and dogged persistence. Nothing more, nothing less!!
Bree
#1393 Posted : Saturday, May 16, 2020 1:10:34 PM
Rank: Member

Joined: 7/17/2008
Posts: 478
Location: Old Trafford
Am getting IFB1/2020 at 11.05% , is it a good deal or there’re better rates out there. (Newbie in bonds seeking advice).

Thanks
AndyC
#1394 Posted : Saturday, May 16, 2020 7:42:27 PM
Rank: Member

Joined: 4/21/2015
Posts: 151
[quote=Bree]Am getting IFB1/2020 at 11.05% , is it a good deal or there’re better rates out there. (Newbie in bonds seeking advice).

Thanks[/quote

It's 10.2% for six years.Not bad under the circumstances.
Ericsson
#1395 Posted : Sunday, May 17, 2020 7:12:14 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Treasury is swapping the 364-day bill due in June with six year tax free bond
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Angelica _ann
#1396 Posted : Sunday, May 17, 2020 7:39:23 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Ericsson wrote:
Treasury is swapping the 364-day bill due in June with six year tax free bond


Do they seek your consent to do this?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
ibsi
#1397 Posted : Monday, May 18, 2020 4:54:18 PM
Rank: New-farer

Joined: 5/7/2010
Posts: 38
Location: Nairobi
Angelica _ann wrote:
Ericsson wrote:
Treasury is swapping the 364-day bill due in June with six year tax free bond


Do they seek your consent to do this?

It is true
Trust in God and endure patiently.
MatataMingi
#1398 Posted : Tuesday, May 19, 2020 4:49:10 PM
Rank: Member

Joined: 11/17/2009
Posts: 399
Location: Where everyone knows you
Sorry,
They are not swapping the 2236/364 T Bill for the IFB.
Somehow, the new bond is only available to holders on the maturing T Bill,
I wonder why?
Bree
#1399 Posted : Sunday, May 24, 2020 12:30:46 PM
Rank: Member

Joined: 7/17/2008
Posts: 478
Location: Old Trafford
AndyC wrote:
[quote=Bree]Am getting IFB1/2020 at 11.05% , is it a good deal or there’re better rates out there. (Newbie in bonds seeking advice).

Thanks[/quote

It's 10.2% for six years.Not bad under the circumstances.


Okay great. I’ll give it a shot
Taurrus
#1400 Posted : Thursday, June 18, 2020 7:50:17 PM
Rank: Member

Joined: 8/25/2015
Posts: 839
Location: Kite
Wah! Leo ni kunyorewa bila sabuni!
173 Pages«<138139140141142>»
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