Looking Back is a series of blog posts dedicated to looking back on the last 10 years in the Nairobi Stock Exchange. Peter has been analyzing the performance of these stocks on his Twitter timeline and has graciously allowed us to convert his tweets into posts for your reading. If you invested KES 100,000 in Stanbic 10 years ago, it would be worth about KES 284,000 in…
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Whenever we have conversations about investments in instruments such as stocks or real estate, there is always that one person whose default response is: The returns are too low, I would make more money if I invested in business instead. This person almost always manages to derail the conversation from the investment at hand, to a business that makes “way more money” than one could…
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Looking Back is a series of blog posts dedicated to looking back on the last 10 years in the Nairobi Stock Exchange. Peter has been analyzing the performance of these stocks on his Twitter timeline and has graciously allowed us to convert his tweets into posts for your reading. Looking back, if you invested KES 100,000 in Unga Limited’s stock ten years ago, you would today…
Read MoreLast week, the Nairobi Stock Exchange announced the launch of its derivatives market. NEXT is the Nairobi Securities Exchange (NSE) derivatives market that facilitates the trading of futures contracts in the Kenyan market. NEXT is regulated by the Capital Markets Authority (CMA). NEXT was established as a result of: Increased integration of the Kenyan financial markets with international markets; Increased volatility in asset prices in…
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Looking Back is a series of blog posts dedicated to looking back on the last 10 years in the Nairobi Stock Exchange. Peter has been analyzing the performance of these stocks on his Twitter timeline and has graciously allowed us to convert his tweets into posts for your reading. If you’d invested 100,000 shillings in Safaricom exactly 10 years ago, your investment would be worth…
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A recent announcement in the media about doubling of withholding taxes on SACCO dividends has caused a frenzy on social media, and rightfully so. Kenya is the African country with the largest cooperative movement, and SACCOs continue to play an important role in our personal finance and investment journey. In addition to this, the annual SACCO dividend and bonus season is always a joyful time …
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There has been a vibrant discussion on social media about money markets, mostly concentrating on which fund is paying the most interest. I believe that before looking at the returns of an investment, it helps to understand the investment – this makes you a savvy investor. This is an introductory post to mutual funds (of which money markets are part of). Please ask any questions…
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When you get your first job or your first source of income, it is easy to postpone saving and investing as the stuff you will start working on once your income increases. This is because it is widely accepted that with age, our earning ability will increase – and this is often true. However, when you postpone the start of your saving and investing journey,…
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A picture is said to speak a thousand words, so I will cut short my prose by letting this one speak: Since 2010, the stock market, as represented by the benchmark NSE20 Index performed its best in March 2015 reaching a high of 5,499.64, and its worst this October 2018, slumping down to 2,782.97. And it will probably fall some more. I do not attempt…
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On rare occasions, I do speculate on the market. But as a rule, not with more than 20% of my portfolio. My speculation will be based on some expected market irrationality or a developing trend out of which I expect an unusual gain in the short-term (within a year), then I walk out of the position. Why I keep this at no more than 20%…
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