
4th July 2009, 04:27 PM
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Senior Member
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Join Date: Sep 2007
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@MUK
U aint alone, few understand how it works; but it is quite simple.
I have a trusted circle of people (relatives & Friends) who give free investment advice and help.
Some of the tips wud be consireded illegal in some places, but heck! Who cares. A friend tells me whats going down in say BATco, and the shares are this, projected growth is that, company history is this, the product is hot...COUNT ME IN!
A house development project is up in Jamhuri: costs 2 million sell for 4 million, 4 people to raise capital, am in.
Things like that.
I am not a believer in pinching my paycheck to save elsewhere. Naaa...thats making the owner of that sack very rich. I prefer using my own money.
Like u, I do not listen to Suze. Lots of hot air. She was actually pinned down a while ago and she admitted her advice is not so good after all. I just check to see what Warren Buffet has to say about the economy.
In short, I take lots of risks. Some pay off some do not.
My deadline for risk taking is once my kids reach age 10. Way far away, until then...good lord have mercy.
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"Experience is a very expensive school, but fools insist on attending"
Ajiambo
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