Returns for Financial instruments like bonds,FDs have returns below the inflation rate. For a jamaa who invests in the "other" economic segment like Matatus, Importing Mitumba's & new clothes, from turkey, india, china, second hand computers & motor vehicle parts etc wealth is kept in houses & land coz the return will be greater that inflation.

On Mon, Nov 29, 2010 at 4:06 PM, Amarjit Labhuram <amarjit.labhuram@gmail.com> wrote:
@ peter...which senses are those again??... "(See, Touch, Smell,Hold,Hear)"

all in all what you say is absolutely correct in essence though there are other investment vehicles that the senses cannot be invoked such as bonds, shares and FD's.

Have a great day!

Warm regards,
Amarjit Singh Labhuram.




On Mon, Nov 29, 2010 at 4:02 PM, Peter Muchemi <pmuchemi@gmail.com> wrote:
lack of alternative investment opportunities in Kenya!

What would you do if you had some millions in Kenya today. In a way that it will beat the inflation rate?

Considering there are no credible IPO's around. Just by something all your five senses can sense. (See, Touch, Smell,Hold,Hear).


On Mon, Nov 29, 2010 at 3:24 PM, Evans Ikua <ikua.evans@gmail.com> wrote:
Fine, lets all head to Cape Town! I thought cape Town is where the rich in SA live? I think Jo Burg also has cheaper property compared to Nairobi.
But its very true that property prices in Nairobi are bloated. A friend who lives in London tells me that prices here are comparable to London to some extent! Doesnt make sense at all.


On Mon, Nov 29, 2010 at 3:16 PM, @dutchezjuma <dutchez8@gmail.com> wrote:
@Bernard Well...at least you tried :-)



On Mon, Nov 29, 2010 at 3:02 PM, aki <aki275@gmail.com> wrote:
Another example of how expensive our real estate is :
 
1) Brookside drive ( anyone been on these roads lately, the road is a good offroad testing ground for 4X4 suspensions )  and nothing unique to the area. No seafront, high-gated communities, water supply is a problem and electricity, don't ask.
 
 
2) CapeTown prime area ( dont even ask about the roads, security and infrastructure because you have to have visited Cape Town to understand the difference )
 
1 bedroomed development = Ksh 6.7
 
 
Me thots.
 
 
 

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