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  1. M2Random

    M2Random Village Elder

    I dont think selling one's inheritance is stupid...because investment vehicles differ. I also dont subscribe to this BS of never selling inherited land...you guys should stop living in the 90's and give this guy a break. However, I do admit that using his inheritance to please women is a stupid decision. He should have liquidated the land with a clear investment strategy in mind.
     
    Walker and Kana Kega like this.
  2. M2Random

    M2Random Village Elder

    Some of you guys should stop living in the 20th century and believing in some bullshit traditions. What would you do if you are a Greek living in Nairobi and you inherit land in Kisumu from your father. Common sense dictates that you will sell that land and buy land in Kiambu/Thika/Nyeri. This is just one reason that proves that the theory of never selling inherited land is bullshit. You guys should give this nigga a break.
     
    Kana Kega and Luther12 like this.
  3. mtadao

    mtadao Village Elder

    Hahaha, even no time for ktalk
     
  4. Kana Kega

    Kana Kega Senior Villager

    Exactly! cc @Elin
     
  5. mtadao

    mtadao Village Elder

    Very true. I have witnessed many fellows in my shags selling inherited land, and partying like there is no tomorrow. Today they move from one keg bar to another drinking leftovers
     
    wetu and Elin like this.
  6. hakimoto

    hakimoto Village Elder

    he.. he..
     
  7. mukuna

    mukuna Village Elder

    kwenda nunua eurobond
     
  8. Shabba Ranks

    Shabba Ranks Village Elder

    Waaah...why are people so bitter??
     
    Mrs4thletter, Ice_Cube and Kana Kega like this.
  9. kukufry

    kukufry Senior Villager

    1. Don’t quit your job, please :) . Ten million is a lot less than you think and worse, it’s not going to make you any returns in several years. If you have little to no savings - like most Kenyans, you are going to be digging into this ten million each month and trust me, your spending will shoot up even 5X.

    2. I agree with Elin on this. The streets and villages are lined up by many idiots who were doomed by alcohol, drugs and women. Most of them were once perceived as being smart and honorable. The chances of you being counted among them is now 50/50 … believe it or not.

    3. For business advice, try to stay away from what the masses are doing. There is nothing like a safe business decision. Business is taking risks and being lucky. You can only achieve success by finding your own way. There are many golden opportunities out there waiting to be discovered and you can’t find them by sitting where you are. Travel the country and luck will find you. I guarantee you that :)
     
    Last edited: Jan 9, 2017
    Nattydread, Yollo, Mzee mzima and 2 others like this.
  10. alphagroup

    alphagroup Senior Villager

    Mblo kuna hii sacco inajiita Transnation Sacco . Wamefloat shares the other day with guaranteed divinded payout of 15% each year for the next 5yrs [2022]. Each share is 20bab. With 10m, Do the math. KEY WORD IS INTEREST. In five years you'll have thought of what to do, but in the meantime secure your cash and build your wealth.
     
  11. Kana Kega

    Kana Kega Senior Villager

    Shida ya sacco ni kuliquidate shares. Utalilia kwa choo ile siku utataka kuchukua pesa zako. They're transferrable but not redeemable.
     
  12. Luther12

    Luther12 Village Sponsor

    Careful with SACCOs around election time. Due diligence compulsory.
     
    Ice_Cube likes this.
  13. Luther12

    Luther12 Village Sponsor

    For the record, I'd advise against quitting your day job at the moment.
     
  14. alphagroup

    alphagroup Senior Villager

    I did some background search on That sacco and it turns out they offer some of the best interests on non-withdrawable deposits since 2000. Seems legit to me.
     
  15. Koolibah

    Koolibah Village Elder

    Mtu ameuza land then you advise him to buy land? What am I missing here. Tomba malaya maswali utajibu baadaye.
     
    Web Dev and wetu like this.
  16. Hunter Xp

    Hunter Xp Village Elder

    Fanya hivi, weka yote to fixed deposit account, start a business in your line of experience, consultancy on anything, buy a few tools you need, register a company all with your salary, hunt for clients wherever , once it starts moving and it being stable, quit your day job, borrow up to a maximum of 500k per year from your fda to expand your side hustle, when it hits 2m revenue, I will allow you to borrow up to 1m from it.
     
    Yollo, Luther12 and D.... Mungai like this.
  17. wetu

    wetu Villager

    Tumeona wengi wameuuza shamba,hizo utakojolea mpaka ziishe
     
  18. KinduKiega

    KinduKiega Senior Villager

    Hapana hiyo si yangu.mimi nina mbili tu.Hiyo ingine ni ya kutolea watu hasira so it shall remain anonymous.That kana kega handle must have been motivated by me
     
    Okwonkwo and The.Black.Templar like this.
  19. KinduKiega

    KinduKiega Senior Villager

    Wooii na already ushaanza kuitumia vibaya.Boss wake up before its too late,do something useful with the money before you become a laughing stock.I would suggest you invest it back in real estate.
     
  20. Mrs4thletter

    Mrs4thletter Village Elder

    Nkt, my grandma told me that the reason why the gizzard was said to be for the man of the house's consumption only was to avoid competition and fights over it, same way it was said to be a curse to sell inherited land to avoid the stupidity of fights over land between siblings and wastage Of the funds , people do not squander the money because they are cursed, ni ujinga na kuona nikama hizo pesa ni nyingi sana.
    So mtu anafaa akuwe na 10 acres of land 'zimezubaa' mahali smh