Most clubs are born of casual conversation in a social settings, where friends, inspired by various things, but mostly the emotion around being rich discuss and agree to pool funds towards an investment goal. It’s however not advisable to start making contributions on the spot, an investment club is a long term commitment, and it requires a bit more structure than casual conversation can give….
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Yesterday, I saw a couple of tweets that implied that M Pesa has fueled inflation (See the article here), and my first instinct was to write this off as hogwash. Then, when @thedorc asked me this question, I was forced to think a little deeper: In responding to @thedorc, I’ll try be use language that’s as simple as possible, without offending the hard…
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About 5 years ago, investment clubs were all the range in Kenya. Even I was a member of one. Inspired by the Transcentury story, everyone wanted to join in an investment club, and to “become a millionaire”. However, few clubs have been successful, and it seems today fewer young people are part of investment clubs. I however remain an advocate of Investment Clubs for several reasons: …
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