It would have been so easy to write off 2020 & 2021 with everything thatβs been going on in the world.
But itβs so amazing to see the many financial strides & wins people have been getting ππΎππΎ
2022, here we come!
πͺπΎππ
>>2
Here are some of the most resilient achievements of the year; among many others from our "Abojani Hidden Gem" community members.
Case 1: Joan (below) hit her December 2021 goals last month π
>>3
Case 2: Sam had only 350K in his @CICGroupPLC MMF account in February 2021. Sheer determination, living on less & finding extra income did it all. Our 12th member to claim the #1MillionChallenge π
>>4
If you thought all our members are not "kawaida" people, you are wrong! Here's James who joined our monthly masterclass last year & didn't take immediate action on his wealth goals.
He started & his eyes are set on the prize, Ksh 100K by mid next year!
>>5
What are you waiting for?
Claim your wealth goal in 2022. Subscribe to our "Hidden Gem" community & begin with what you have.
>>6
To be a member, it all starts at our flagship entry level program, the Abojani Personal Finance & Investments Masterclass. Join our #January class. We have a Ksh 1000/- discount valid up to 29/12/21. Pay Ksh 3500 to: Lipa na MPESA
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You may have heard the old proverb, βShirtsleeves to shirtsleeves in three generations.β
In Japan, the expression goes, βRice paddies to rice paddies in three generations.β
The Scottish say βThe father buys, the son builds, the grandchild sells, and his son begs.β
In China, βWealth never survives three generations.β
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Imagine you work so hard to build long lasting wealth by dedicating yourself to saving money with a long term approach to investing, only for your third generation to burst your bubble!
Or a man working hard to buy a piece of land, his son building a successful business on that land, but then the grandchild, instead of taking care of the business, sells it off without thinking about the hard work put in!
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The three-generation cycle, otherwise known as Generation Curse or Cycle of Wealth, is a phenomenon where wealth and success accumulated by one generation are lost or squandered by the third generation.
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Passive income refers to the money earned with minimal effort or active involvement on an ongoing basis. It is income generated from assets or investments that require little to no regular maintenance or direct participation.
(Thread) Different corporate actions can impact your investment in different ways. Here are some key points to keep in mind:
1/7 Dividend payouts can increase investment value, but reduced savings for the company may impact future growth prospects. Dividend cuts or omissions can negatively affect investment value & sentiments.
2/7 Bonus Issues: Companies may give shareholders free extra shares through bonus issues. It doesn't change investment value, but increases your ownership stake. Price per share may adjust.
1/4 Banking institutions hold the largest portion of government domestic debt, followed by pension funds, insurance companies, and parastatals. Other investors account for the remaining portion. @CBKKenya
2/4 Between December 31, 2021, and May 12, 2023, the percentage of government domestic debt held by banking institutions decreased from 50.20% to 45.56%.
3/4 During the same period, the percentage of government domestic debt held by insurance companies, parastatals, and pension funds gradually increased.
VALUE STOCKS 101
Value stocks are shares of businesses that are thought to be undervalued or that are selling for less than their actual value. When compared to the broader market or other companies in their sector.
1. Low valuation ratios - Value stocks typically have lower price-to-book (P/B), or other valuation measures when compared to the overall market or their competitors in the same sector.