The History of Retirement In 1881, the German Chancellor, Otto Von Bismarck, in a maneuver against Marxists who were burgeoning in power and popularity, announced that anyone over 70 years old would be forced to retire and that he would…
Debt Culture Nowadays, debt has become so easily accessible that it is quickly ruining our future financial positions. Companies have reduced the old school bottlenecks that made access to loans difficult. It’s now easier to borrow money than to make…
If you have ever wondered how you can start investing in Treasury bonds, then this article is for you. Why Does the Government Issue Bonds? Kenya, like any other government, is obliged to outsource funds to finance its projects and…
If you have wondered how to buy shares of the most profitable companies on the Nairobi Securities Exchange- Safaricom PLC, Equity Group Holdings, Kenya Commercial Bank or East African Breweries. In that case, this article is for you. What is…
If you ask many Kenyans of one of their worst investment decisions they have ever made, buying education insurance policies will probably be one of them. And I won’t blame them. Insurance education policies are a bit too complex to…
The first savings challenge I ever joined was when I finished high school. Even though I didn’t have a source of income, I figured out that the spare change I could keep from running some errands for my parents would…
The $5 Challenge In 2009, Stanford Professor Tina Seelig gave her class a unique challenge. The 14 teams of the class each received an envelope with $5. Once they opened the envelopes, they had only 2 hours to generate as…
A story is told of a successful businessman on vacation who was at the pier of a small coastal village when a small boat with just one fisherman docked. Inside the small boat were several large yellowfin Tuna. The businessman…
In his 2017 letter to shareholders, Warren Buffett recounted the first investment he ever made at the age of 11. He wrote(emphasis mine), “On March 11, it will be 77 years since I first invested in an American business. The…
Last week I had a call with a client. We had a very heated conversation that we almost emailed Sundar Pichai, CEO of Google, to add weapons to their google meet features. We were fighting over the virtual call. Here’s…