5 Books that can make you a Better Investor
1. ‘One Up On Wall Street' by Peter Lynch
“Know what you own, and know why you own it”
2. The Richest Man in Babylon by George S. Clason

Pay Yourself First.
Live Within Your Means.
Put Your Money to Work.
Keep Your Money Safe.
Be a Homeowner.
Insure Your Future Income.
Improve Your Skills to Earn More Income
3. The Psychology of Money by @morganhousel

When you define savings as the gap between your ego and your income,you realize why many people with decent incomes save so little
“Good investing is not necessarily about making good decisions. It’s about consistently nt screwing up”
4. “The Intelligent Investor” by Benjamin Graham

Learn the philosophy of “value investing” from renowned investment advisor, Benjamin Graham.
As a stock market staple, this book breaks down the facade of Wall Street and outlines long-term strategies to help you achieve the results you want from your investments. Originally published in 1949, this text is still relevant today and even recommended by Warren Buffett.
5. “The Simple Path to Wealth” by J.L. Collins
“The Simple Path to Wealth” provides a clear way to achieve financial independence. Collins maintains that money is the “single most powerful tool” and shows you exactly how to use it to grow your wealth.

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More from @TheAbojani

21 Dec 21
LESSONS FROM JAMES MWORIA, CEO CENTUM PLC

1. ON WORK ETHIC

Even if you are employed, work like you own the company & like your would one day run the company.

@MworiaJ
2⃣ ON LEARNING THROUGH OBSERVATION
Be keen when interacting with people you aspire to be like. Learn as much as you can through association.
3⃣ ON CURIOSITY

As an intern he was given a task of filing the company documents. Because of his curiosity, he read each and every document that he filed and learnt so much such that in an internal quiz about the company he scored the highest marks and was awarded Ksh 500.
Read 6 tweets
20 Dec 21
Addiction of any kind (except investing 😉) can be a serious obstacle to achieving financial goals. Thus, making it a priority to overcome any addition will help you restructure a good amount of your income to service your financial goals instead of satisfying addiction needs.
Calculate the cost of an addiction, say drinking. There's nothing wrong with having a good time with friends & family once in a while, but when it becomes frequent & gets into your nerves, it becomes an addiction. Think of the number of $EABL shares that many bottles can buy.
Or gambling. Millions of youth have lost billions of shillings in betting on sports outcomes, and they keep doing that to-date. Even the very few cases that have made significant winnings have ended up blowing those wins on leisure instead of setting up a foundation for wealth.
Read 4 tweets
18 Dec 21
#LevelUp Testimonials 📜

It would have been so easy to write off 2020 & 2021 with everything that’s been going on in the world.

But it’s so amazing to see the many financial strides & wins people have been getting 👏🏾🙌🏾

2022, here we come!

💪🏾🏆😊

>>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 😊

>>3 Image
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 🚀

>>4 Image
Read 6 tweets
18 Dec 21
#Begin

If you are interested in stocks or other investing, don’t let someone else dissuade you from your chosen vehicle. Starting is the biggest step few people take. Begin a small position to build confidence.

>>2
You will definitely pay some fees to Mr Market but become a better investor.

Start by scouting for opportunities with favourable entry levels according to your situation at the moment.

These could be stocks of businesses you identify with or use daily.

>>3
For example, you hold an account at your local bank that may be listed at the local bourse. You incur monthly ledger fees & withdrawal charges. Get back some or all of that money by buying the banks' shares on a regular basis.

>>4
Read 6 tweets
8 Oct 21
This book is about real life millionaires. However, it doesn’t talk about making money or investing. It focuses on what most people ignore till they learn it the hard way: avoiding lifestyle creep. It talks about frugality, conservation and economical consumption.

>>2
The authors interviewed hundreds of millionaires across America. They discovered one curious fact. Most of the people who became millionaires and maintained their status were living below their means. They also found many people who first became millionaires but couldn’t...

>>3
Read 5 tweets
1 Oct 21
25 PERSONAL FINANCE TIPS

1.Always spend much less than what you earn-focus in developing your own goals
2.Pay off your debt diligently
3.Reduce periodic expenditure-exercise patience/restraint-but what you want when you want

@cheruiyotkb @SokoAnalyst @mmnjug
4.Keep an eye on the media and advertisements
5.Invest your time wisely
6.Prepare for far off expenses now
7.Be honest about your finances with your spouse
8.Emergencies are a normal aspects of life
9.Be kind to people around you-Gives you a very deep sense of peace
10.Make the money work for you rather than working for it
Read 8 tweets

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