Dear Resourceful brothers and sisters;

I adress al of with great humility and respect!!

After much thot,I have come to a conclusion I cant make it alone in this. I have 100,000 Safcom shares for which I had taken a loan. I pay 10,000 every month for the same. I now have a balance of abt 400K. Well,I have already learnt mu lesson abt taking a loan to participate in an IPO. All I want to know now from you guys,kindly,is which is the best option in this.

Shud I kip servicing this loan and forget the shares upto after ten years and use them to educate my kids then- by the way sijaoa bado so the first born cud be abt 7-8 yrs old then. Can I Take another loan,pay the IPO one,free the shares,sell them and partly repay the second loan and be left paying the rest at lower denominations?-This will be a loss,but might enable me save some more cash than I am doing now and invest in better avenues.

Before taking this loan,I could save even more than 15,000 a month,was able to buy some plots,an acre shamba,a cow,build a semi-permanent 'cube' at shags...all within abt two years-These are things I can 'see',unlike the shares that do not seem to improve any time soon.

I am sincerely confussed. Jamo and others of great brains,come to my rescue?

All are welcome.


'Tough times never last but tough peope do.'