Passive vs Active Income

I am still learning how to increase my streams of passive income. After all those are the avenues of income that make one rich.

Apart from trading in stocks (passive income: dividends and capital gains), I am now looking at other means, but the initial investment for such ventures as real estate are not low.

Anyhow, I hope to have doubled if not tripled my annual passive income by the end of the year.

new entrant in LLO business

After Flashcom, comes Popote Wireless by EM Communications.

We hope this will result in reduced tarriffs..

I'm looking for fast and cheap internet access from the comfort of my room anywhere in kenya...

Fast and Cheap, not fast or cheap... I hope they are listening

KenGen IPO - the 'aftermath'

I decided to cash out of KenGen (not because I was broke :) ).

I also think that the price could come down further as institutional investors are unlikely to enter the market until the price goes below a certain level - maybe something like 20.

Based on my 'kienyeji analysis' http://josiahmugambi.blogspot.com/2006/04/kengen-ipo.html,
I had decided that I'd get out when the price hit 30. However, like everyone else I was surprised to see it hit 50+ on the first day of trading.

Anyway, the annual results could play a big part in determining the direction the stock will take in the short term.

Update: 'Lord' Tom Cholmondley

from kissfm.co.ke news:

MBUGUA SHOT BY CHOLMONDLEY
The man shot dead last night by Lord Delamere’s grandson Tom Cholmondley has been identified as 37-year-old Robert Njoya Mbugua, who lived in Greenstead estate in Nakuru. And police say they also suspect he and his four accomplices who got away were poachers, because a dead gazelle was found at the scene of the shooting.

visit http://www.kissfm.co.ke/news.php

==

So apparently they were poachers... or were they?

'Lord' Cholmondley

Rumour has it that he has now shot another guy... jana

ati he was a poacher...

the guy died on the way to hospital..

was probably a farmer

details later

Yaani.... Since when did he become Judge, jury and executioner ...

I hate ICT certficates and all these papers

u go for an interview with a stock pile of papers showing that you are more or less giving Dexter (the boy genius who lives by the laws of science, and hates his sister DeeDee :) ) competition.

So u think u match einstein's IQ, what with all the papers nicely tucked in your portfolio and ready to be flashed out to the interviewer at a moments notice.. papers ..

Well .. of course you're totally prepared for the interview and you get the job.. (your job title probably reads IT Manager or something inspiring and important)

Lakini wacha the real IT world hits you... (i.e. papers != knowledge) a simple virus can give u nightmares and make u miss that (executive) lunch.. or the mere mention of another operating system apart from Micro$oft windows.. can be (almost) heart stopping..

but then you think.. after all ... papers are everything ... or are they...?

Kengen IPO

Look at Bankelele's post for details of the allocation.

I really feel for the large individual & institutional investors who applied for large quantities of shares only to get a paltry 6,600 shares.. lost income for them since that money would have generated some income elsewhere for them.

I still think the advisors, architects etc of the IPO had no idea of the kind of response they'd get.

Now that there's alot of money being refunded.. i suspect that at least half of the 12B being refunded could find it's way back into the NSE... that means that everything shoots up, with possibly no regards for fundamentals of investing etc..
I'm kinda sceptical of such situations... before every bear market, there's usually a bull market... now the key thing is to know when the bull ends.

World Cup: Walcott?

I wonder what Sven is thinking. This kid should be on holiday from school during the world cup, unless the holiday location has been moved to Germany.

Kid is good though, rumour has it that he might be faster Owen, Bellamy or Henry in the premiership... He also has that confidence etc and can really play ball...

Lakini kijana hajaanzia Arsenal not even one game... so it's still a gamble... must be something to do with the rooney injury... ati he may be able to provide some of that inspiration


Anyway I like this world cup.... it's going to be one where the kids: cesc, messi among others could actually take centre stage..

Arsenal 4th Place & food poisoning

I wonder...
You know if this incident of food poisoning had occured huku kwetu... we'd know for sure that it was a rigging...

but then... maybe the spurs chef was nervous...

or something...

anyway arsenal seemed to have been destined to get 4th spot.. now lets see about 17th May

for the first time in several years.. there's a big chance that two english (mostly english by name considering Boro and Arsenal have more non brits in their sides than most) sides can lift the two main european cups in the same year..

Anglo-Spanish soccer finals

M.I-3

action from start to end.. thoroughly enjoyed it... and some of the stunts were truly awesome...

Now waiting for X3

kenyan life

Just reading that Kenya is still rated among the failed states makes me wonder what criteria they use..

granted.. we are not exactly far off..

but ngong road looks a mess

look at the flooding in coast and other parts of the country

look at MPs giving themselves more allowance (perhaps to 'insulate' themselves from what's happening)

Starvation all over the place

some scattered skirmishes

still thankful that we are more or less a peaceful people...

Don't try this car out in Kenya

VITAL STATISTICS

Model Bugatti Veyron 16.4
Engine 7993cc, 16 cylinders in a W
Power 1001bhp @ 6000rpm
Torque 922 lb ft @ 2200rpm
Transmission 7-speed DSG, manual and auto
Fuel 11.7mpg (combined)
CO2 574g/km
Acceleration 0-62mph: 2.5sec
Top speed 253mph
Price £810,345
Rating Five stars
Verdict Deserves 12 stars. Simply as good — and as fast — as it gets

http://driving.timesonline.co.uk/article/0,,12529-1890873,00.html