Interesting reads from around the interwebs: Bidding to host Olympics is a terrible dream for Kenya – Waga Odongo looks at why Kenya shouldn’t look at hosting the Olypmics as the ultimate dream, following the Prime Minister’s promise that Kenya would bid to host the 2024 Olympics. While on the surface it may seem that hosting such an event is good for the country’s economy, Waga…
Read MoreWhen someone says they subscribe to healthy living, expensive organic foods, funny tasting drinks and custom made gym wrist bands come to mind. We have over time come to associate a healthy lifestyle with money and bourgeois living, while in most cases, healthy living can actually save you money! Today we look at 5 simple fixes you can make in your life to end up…
Read MoreEveryone wants to own a home some day, and here in Kenya, we seem to have a particular attachment to land and buildings, even when it doesn’t make economic sense to own either. To make matters worse, we have experienced a house market boom that has seen real estate prices quadruple or even more in less than 5 years, making housing a great investment (or…
Read MoreThis is a continuing series how to use fundamental analysis to pick stocks to invest in. The aim of this blog is not only give information, but to educate, that way we are able to make independent saving and investment decisions. If you are reading this for the first time, read the introduction to fundamental analysis here and the second post on qualitative analysis here. Today, we’re…
Read MoreEvery one agrees regular expense tracking is a key component to staying on top of your finances. In this post, I recommended expense tracking as a starting point to creating a budget, because a budget should be based on what you actually spend money on, not what you think you spend on, or what you believe you should be spending on. With time, I’ve come to realize…
Read MoreYesterday’s 100 metre men’s finals was the highlight of The Olympics, as Usain Bolt breathtakingly broke the Olympics record, finishing the race in 9.63 seconds, again affirming his position as the fastest man alive. The most amazing thing was that he seemed to do it effortlessly. In fact, some people felt he could have done better time had he put in more effort, but that’s…
Read MoreThe key to success in life is deliberate purposeful living. This consists of four things: Defining what success means to you; knowing what you need to do to be successful why you need to do it, and a practical “how to” do it. Most of us think about purpose in January when making new year resolutions, or when we are creating our life plans, but after…
Read MoreWhen you hear of fitness, what’s the first thing that comes to your mind? Gym membership? Expensive gear? Today more than ever, it’s important to be proactive about fitness, whether you appear to need it or not. Research has shown that our jobs are killing us slowly. The study, published in the Archives of Internal Medicine, found adults who sat for more than 11 hours a…
Read MoreA couple of years ago, before mobile technology arrived in Kenya, telephone communication was monopolised by Telkom (now Orange) Kenya, then fully owned by the government. This was prior to the 2008 privatization which saw France Telkom buy 51% stake in the company, and subsequently re-brand it to Orange Kenya. Telkom was highly inneficient, but that’s all we had, and therefore couldn’t complain much. Orange is a great…
Read MoreIn this post, we looked at the concept of fundamental analyis, which in a nutshell is a technique that uses the information provided about a company, both qualitative and quantitative, to calculate the value of their shares, and determine whether they are under valued by the market or not. Today, we delve deeper into qualitative analysis. Qualitative analysis looks at factors about and around the company…
Read More