Here's the question - Are you ready to understand what NSSF *actually* invests in?
9.963 TRILLION is held in Treasury Bonds as of this report - of which 7.6 T matures >1 year
6.047 T are with Govt. of Uganda - meaning pensioners' funds were loaned to GOU (at a decent interest rate)
Did you know this is 75% of the entire portfolio invested in Treasury Bonds?
Jan 15, 2023 • 4 tweets • 1 min read
Know my peace? Especially in a weekend. Cooking and baking. It's my love language. I cook for you.. there's a place in my heart for you.
This weekends take.. only baking pics
Cinnamon streusel bread. Also turned this into eggs Benedict this morning
Jul 19, 2022 • 8 tweets • 2 min read
Last week – I mentioned some items I think are worth investing your money in….this week - items NOT worth investing your money in…
A thread
A Car.
This is one of your largest expenses that you use the least amount of time! Cost it on a per hour basis. If you spend $48,000 for 4 years of use (aka $1,000 per month) and use it 2 hours a day – that is roughly 50 hours a month – or $20/hour!
Jul 11, 2022 • 6 tweets • 2 min read
Things you utilize for a significant fraction/portion of your life are worth investing your hard earned cash in....
A thread
Your bed. A person spends 1/3 of their life in a bed. For me, I look at the "whole picture" - frame, box spring, mattress, sheets, pillows, blankets.
My gotos: @VInteriorsLtd1 for the bed frame
Pacific Coast for pillows & feather topper
1000+ thread count sheets minimum
May 29, 2022 • 7 tweets • 2 min read
I didn't become the man I am today overnight. Many decisions and actions have molded who I am and who I intend to be.
Who do you want to be? Are you taking the necessary steps to get there?
A thread..
When your time comes, what do you want to be remembered for? When your family and friends eulogize you, what do you think they will say? What would you want them to say (unsolicited)?
Start there. This is your personal vision.
May 25, 2022 • 6 tweets • 3 min read
Instead of hammering on @patrickbitature and the decisions that were made....let's look at the flip side - How can you use this scenario/experience to *MAKE* money!
A thread...
@wekesa_amos
Compounding money is THE magic sauce.
$10M w/no repayment on high interest is >$34M (per info) turn that around!!!
Invest 100M UGX into a 15yr Treasury Bond (about 14.5% net now) at current rates AND LET IT COMPOUND:
I encounter a lot of people who want to "move to America" to be a citizen. I don't believe people are fully informed about this - it might be good to understand in a bit more detail.
thread below
Being an American means having privilege - for you, your spouse, and your children.
Never forget that.
There are many advantages, but there are also obligations.
