Safaricom shares. Ata real estate ni shadow compared to this investment. Only low income real estate can match the returns from safaricom shares, but low income real estate inataka maujanja na pia kudeal na peasants na mashida zao. With safaricom shares you truly set and forget. Just buy the shares and wait for Michael Joseph and company to work their magic on your behalf.
The only safe, passive investment that is worthwhile in kenya is big land with cattle, kids in good jobs, daughters married to rich men, and a good relationship with the lords of the land.
You forgot chicken farming
Kwiro
Agriculture is not passive at all. Try passively taking care of living things, utalia kwa choo
Ukibuy shares kidogo unaweza pata dividends za chwani
The only safe investment ni tumbo yako. Have merry na utombe hizi kunguru like tomorrow is not there.
It’s not about the dividends, look at the capital appreciation. Safaricom hapo utapata 10% annual returns kwenda juu bila stress mingi kama real estate
The only real investment is putting trust in your maker
Rental bana
While repatriating the vast majority of the profits to the UK. SAFCON needs a strong local competitor to retain most of this money won off Kenyans in Kenya.
This is the shareholding of Safaricom
[ATTACH=full]338638[/ATTACH]
What do you mean when you say that they repatriate most of their profits given that is 60 % owned by Kenyans?
My grandma used to say ‘Utonga ni matigari ma nda’
Ni ma fiu
Do your due diligence utaona rentals are not a set and forget type of investment. You need to wade through an army of government officials in the beginning, and in some areas you need to get cozy with the local gangs ndio ujenge in peace. Alafu tena lazima ugongwe by contractors as you are building, then ukishamaliza, now you are dealing with low income tenants and all their problems with paying. Some low income tenants recruit the local gangs for protection against landlords na hakuna kitu utafanya. Then there is the loan that is hovering over your head during all this.
This is why most rental buildings in Kenya are dilapidated pig stys. Ukihesabu hiyo yote returns ni kidogo sana, most landlords will not even enjoy the profits of their venture, pengine watoto
Compare with Safaricom shares which you just buy within one day with however little you have alafu unasahau for 10 years unapata zimezaa mara sita
I hear goats are very hardy and easy to take care off.
There is a goldrush in South Nyanza, a lot of people in the know are selling up from London and relocating there.
What’s happening in South nyanza?
Gold mining.
Yes. I was recently in Migori and surprised at how many oil rigs are there.