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A Car or A House?
Rank: Veteran Joined: 12/23/2010 Posts: 1,229
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sparkly wrote:For Sport wrote:Deinitely the car. At least when the landlord throws you out, you can sleep in the backseat. Landlord throw you out of your house? Sarcasm: "A tongue of which the user speaks of something the complete opposite of what the user means." Example: Is your car stuck in the mud?" "No, no, of course not. I'm only practicing how to spray mud using my tires. From: The Urban Dictionary
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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jerry wrote:lovely2010 wrote:Hii ni swali? kuwa idle ni mbaya....cant wait for easter to end.... >>I was also wondering why we can't celebrate Easter Monday on Sunday! This holiday is too long. But if Easter Monday falls on a Sunday and the new constitution says if a holiday falls on a Sunday then the following Monday will be a holiday......
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Rank: New-farer Joined: 2/25/2011 Posts: 5 Location: Nairobi
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Nunua vitz, change yenye inabaki nunua nyumba! Seriously unless you are considering a top of the range car (From Tata Motor Group), the cost of a house and a car are not comparable... It's like asking whether you prefer Kalonzo for Councilor of Peter Kenneth for President...
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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Please allow me to shout this one...... IF YOUR GREATEST INVESTMENT IS A CAR, THEN YOU ARE TAKING YOURSELF FOR A RIDE...LITERALLY AND FIGURATIVELY! Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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mukiha wrote:Please allow me to shout this one......
IF YOUR GREATEST INVESTMENT IS A CAR, THEN YOU ARE TAKING YOURSELF FOR A RIDE...LITERALLY AND FIGURATIVELY! What if it is a 1903 Ford Model A
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Rank: Member Joined: 4/21/2011 Posts: 119
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The capital investment required for a typical Kenyan 2nd hand car and that required for a house are incomparable. I suggest you go for the car but only if its maintenance wont eat into your savings for the property and I also think its wise to invest in rental property 1st before going for home ownership.
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Rank: New-farer Joined: 4/22/2011 Posts: 5
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For Sport wrote:Deinitely the car. At least when the landlord throws you out, you can sleep in the backseat. Ha,ha. I like your thinking. In theory a house then a car. But in practice, do i wait to finish paying a 20yr mortgage then buy a car. your grandchildren could drive before u do. The main thing is making the main thing the main thing.
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Rank: Veteran Joined: 12/23/2010 Posts: 1,229
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wiser wrote:For Sport wrote:Deinitely the car. At least when the landlord throws you out, you can sleep in the backseat. Ha,ha. I like your thinking. In theory a house then a car. But in practice, do i wait to finish paying a 20yr mortgage then buy a car. your grandchildren could drive before u do. I doubt you’ll have to wait that long. For one thing, income is not stagnant. It will go up and you’ll no doubt be exploring the possibility of creating multiple streams of income. Things get more expensive every year but its easier to catch up with the price of a car than with that of a house.
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Rank: Veteran Joined: 11/19/2010 Posts: 1,308 Location: nairobi metropolitan
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Days have gone when a car used to be a luxury. Though not basic, it is necessary for mobility, and incase of young people, a symbol of social status, a magnet for the most beatiful, unnecessary evil. Why? Because those who foregores this comfort are likely to have a higher networth unless the car is used for business. I can attest it's very tempting to buy a car with your first job as the cash is enough for a second hand car while the same can only buy a plot. My heart tells me to buy one, yet my mind tells me it's a sacrifice worth making. But if you buy a car as a beginer, buy a fuel efficient one. Democracy does not belong to the dead
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Rank: Veteran Joined: 4/16/2010 Posts: 906 Location: Nairobi
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There is also the effect of a car on health. The tendency is to use the car for every small errand, which encourages fatness, stiffening of bones and relaxation of muscles
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Rank: Chief Joined: 1/3/2007 Posts: 18,097 Location: Nairobi
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A sleek car can get you laid... if you have a place to take her to! Bottomline: Guys make money to get laid! If I had no need to get laid, then all I need is enuff chapaa for alcohol, some food, a roof [not a house], travel for fun... That turns out to be quite affordable! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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VituVingiSana wrote:A sleek car can get you laid... if you have a place to take her to! Bottomline: Guys make money to get laid! If I had no need to get laid, then all I need is enuff chapaa for alcohol, some food, a roof [not a house], travel for fun... That turns out to be quite affordable! Lol! REAL TALK!! Ongezea Mututho 5 kwa hizo zako babaa!
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Rank: Veteran Joined: 4/16/2010 Posts: 906 Location: Nairobi
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VituVingiSana wrote:A sleek car can get you laid... if you have a place to take her to! Bottomline: Guys make money to get laid! If I had no need to get laid, then all I need is enuff chapaa for alcohol, some food, a roof [not a house], travel for fun... That turns out to be quite affordable! This is true, but in my experience a good home is the key to sealing the deal. Take her with a Benz to your parents house and you will get absolute zero!
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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A house wins it .going by the current uncertain COVID-19 period. punda amecheka
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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emlyn ngwiri wrote:as investors, its always good to invest in appreciating assets.
a car is depreciating while a house will always appreciate even though it is in mandera.
get the house then the car will come later Good advice given 9 years ago .hope as many wazuans took it. punda amecheka
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Rank: Member Joined: 6/26/2008 Posts: 384
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newfarer wrote:emlyn ngwiri wrote:as investors, its always good to invest in appreciating assets.
a car is depreciating while a house will always appreciate even though it is in mandera.
get the house then the car will come later Good advice given 9 years ago .hope as many wazuans took it. Haiya, I did it the other way round
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Rank: Member Joined: 5/27/2016 Posts: 274 Location: Pub
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Many ways of skinning a goat..... choose the best poison because it is never that serious. I work so I can afford the amount of alcohol required to continue going to work
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Rank: Member Joined: 3/1/2019 Posts: 170 Location: Nairobi
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newfarer wrote:emlyn ngwiri wrote:as investors, its always good to invest in appreciating assets.
a car is depreciating while a house will always appreciate even though it is in mandera.
get the house then the car will come later Good advice given 9 years ago .hope as many wazuans took it. Actually it's a very bad advice. First of all, many first car buyers' budget can not get any worthy house, maybe some plot in the deep outskirts. If you can afford a house, you can definitely afford to get both at the same time For a small minority, it can make sense to get the house first (e.g interested in living in the deep outskirts or small towns) but for the rest of us, a car is better to have before the house. It worked for me and many others.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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NewMoney wrote:newfarer wrote:emlyn ngwiri wrote:as investors, its always good to invest in appreciating assets.
a car is depreciating while a house will always appreciate even though it is in mandera.
get the house then the car will come later Good advice given 9 years ago .hope as many wazuans took it. Actually it's a very bad advice. First of all, many first car buyers' budget can not get any worthy house, maybe some plot in the deep outskirts. If you can afford a house, you can definitely afford to get both at the same time For a small minority, it can make sense to get the house first (e.g interested in living in the deep outskirts or small towns) but for the rest of us, a car is better to have before the house. It worked for me and many others. A house is also a depreciating asset. Life is short. Live passionately.
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Rank: New-farer Joined: 4/28/2019 Posts: 88 Location: Talai
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