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  1. Quanstrom

    Quanstrom Senior Villager

    Now that elections are over, I am torn between buying a plot or investing in stocks. Budget is Ksh 1,000,000. :confused::confused::confused::confused::confused::confused:
     
  2. Rene Descartes

    Rene Descartes Village Elder

    Do you know how to trade stocks, read financial markets, make economic predictions, evaluate companies, make growth projections for companies?? Otherwise why are you considering stocks?
     
    Okwonkwo likes this.
  3. Quanstrom

    Quanstrom Senior Villager

    I do. However, I dont own any land and land is a "must have" in Kenya, hence the dilemma. I see opportunity in both.
     
    AMB_Sunday and Rene Descartes like this.
  4. bollingo

    bollingo Village Elder

    That's a better plan to have land. According to me, that is.
     
  5. Bigfish1

    Bigfish1 Village Elder

    You could do both, split that 1m .
     
    pseudonym and Grundy like this.
  6. SnazzyKenyan

    SnazzyKenyan Senior Villager

    Why do Africans insist on owning land?
     
  7. Big G

    Big G Village Elder

    are u any different sir/madam?
     
    pseudonym likes this.
  8. SnazzyKenyan

    SnazzyKenyan Senior Villager

    Note on 'insist'

    And no, am not different, I own several parcels.

    But there r investments that have a ROI higher than shambas
     
    pamba likes this.
  9. Big G

    Big G Village Elder

    kindly give examples of this if you dont mind
     
    pseudonym likes this.
  10. Grundy

    Grundy Village Elder

    You could also invest in government bonds as you make up your mind
     
    pseudonym likes this.
  11. sani

    sani Senior Villager

    if time is on your side, make a few more millions the same way you made that, land will always be there
     
  12. SnazzyKenyan

    SnazzyKenyan Senior Villager

    Kuja Britam nikupe uhondo sere
     
    Big G likes this.
  13. zzzzzzz...

    zzzzzzz... Village Elder

    Wait for bitcoin to go back to 2000- 3500 USD range, buy some wait for it to go back to over 4000 USD. The price of bitcoin flactuates significantly when major event occur in the cryptocurrency world. Around one month ago the price of bitcoin fell to around 2000 USD, due to the news of an expected split of bitcoin so that we end up with two blockchains. The split did not occur and currently one bitcoin is worth around 4260 USD. Very investments can give you such a return.
     
  14. Kennedy Maina

    Kennedy Maina Village Elder

    I don't know if this is your intention, but I can tell you that you'll never get rich buying land.
     
  15. pamba

    pamba Village Elder

    Mjama you don't know what you're talking, people who invested in land around 2002 hata pale ruai bearing in mind a market plot was going for kitu 50k sahii majama ni birrionares,give kantafu on your way to tala five years ,hakuna peasants wataweza being huko.
     
  16. Kennedy Maina

    Kennedy Maina Village Elder

    We're approaching the end of the happy times.
    Most places prices are stagnating. Many houses built and expensive land charging expensive rent are empty. And now many people are struggling to move pieces of land.
    From here, I don't believe prices can go very much higher.
    There are better ways to invest Sh1 million which don't entail waiting for 5 years only to end up covering for inflation.
     
  17. pamba

    pamba Village Elder

    I'm not talking about land investment in kanyarkwat omwami.
     
  18. SnazzyKenyan

    SnazzyKenyan Senior Villager

    Waambie chief
     
    pamba likes this.