House Rent is not Your Enemy
In a decisive resolve to own a family house, a couple who reasoned they wanted to stop paying rent and live in their own house, arranged for a Ksh 47,000 per month 25 year mortgage plan with a Ksh 475000 down payment on a property valued at Ksh…
In Investing You Need To Know When To Stop
Know when to stop. Make your money and go. Just like Kenny rogers sings in The Gambler, “you got to know when to hold ‘em, know when to fold ‘em, know when to walk away and know when to run…”
How Is Inflation Calculated?
The formula for calculating the Inflation Rate using the Consumer Price Index is relatively simple. Every month the Kenya National Bureau of Statistics (KNBS) surveys prices and generates the current Consumer Price Index (CPI). What is this CPI? The CPI is defined as a measure of the weighted average change…
Of Bulls and Bears and Buying Shares
Been thinking about when to buy shares? Here’s some free advice for you. Buy. Now
Closing Bell – 4 May 2012
Gainers Price (KES) Change (%) WTK 260.00 8.33 TCL 25.00 6.38 PAFR 29.00 3.57 MSC 5.85 3.54 EVRD 1.70 3.03 Losers Price (KES) Change (%) EGAD 29.00 9.38 BOC 107.00 6.96 XPRS 3.85 3.75 SCAN 53.00 2.75 ICDC 15.15 2.57 Exchange Rates CURRENCY MEAN US DOLLAR 83.2806 STG POUND 134.8059…
Investors Becoming Victims of Their Own Greed?
The recent revelation that some investors had lost millions of shillings of their investment to a product linked to CIC Insurance raised eyebrows. The product in question had characteristics similar to a pyramid scheme, handling huge sums of money and promising high returns in short periods.
CFC Stanbic 2011 Results
3%, the increase in CfC Stanbic Holdings' net profits in 2011
What Dating Teaches Us About Investing
Smart people don’t just make lemonade out of the ever flowing life’s lemons. They make money out of dates, especially those that have gone bad. If you are the kind of a person who tries as much as possible to squeeze lessons out of whatever life throws at you, then…
What to Consider Before Moving to a New Neighbourhood
There are dozens of things to consider when looking for a new home. Everyone has their ideal house in mind, whether it is a specious kitchen or huge living room. As exciting as such features might be, finding the right neighbourhood can make the difference between a good…
Forex Trail – May 4 2012
Below is a comparison of the movements of the Kenya shilling against the major world currencies and the currencies of our neighbouring countries over the last trading sessions, Wednesday 2nd May and Thursday 3rd May 2012: Currency US Dollars Sterling Pounds Euro SA Rand KES/USHS KES/TSHS KES/RWF Date 02/05/2012 83.2903…
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