Birrionea anauza plot: 1/4 Acre...Yukos, Kitengela

FieldMarshal CouchP

The Oracle of Ndeiya
#25
Let me see.

You buy a residential plot for Sh5.3 mirrions. You then build your dream house for another Sh7.7 mirrions. That is a total of Sh13 mirrions.

At 12% pa, Sh13mirrion in gavament bonds give you 120,000 x 13 per year.

That is to say you can live in a rented Kilimani apartment for Sh100,000 and still have money for food, fuel, electricity and water.

May be am stupid.
 
#26
Its just the emotional attachment we Africans put on land n buildings
Let me see.

You buy a residential plot for Sh5.3 mirrions. You then build your dream house for another Sh7.7 mirrions. That is a total of Sh13 mirrions.

At 12% pa, Sh13mirrion in gavament bonds give you 120,000 x 13 per year.

That is to say you can live in a rented Kilimani apartment for Sh100,000 and still have money for food, fuel, electricity and water.

May be am stupid.
There r far better investments like what you say above.
Lakini jameni utazikwa kwa bonds?
 
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