From Kshs. 30,000 Salary To A Millionaire, A Proven Formula | Reuben Kimani | Episode 3

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  • Опубликовано: 24 окт 2024

Комментарии • 103

  • @bettyobiero8408
    @bettyobiero8408 Год назад +40

    Am 50yrs and i believe its never too late if you start immediately

  • @claudiusnjeru9988
    @claudiusnjeru9988 10 дней назад +2

    I save hundred percent of my salary because the organization I work for provide accomodations and food

    • @trendIQ
      @trendIQ 4 дня назад

      Which is that?

  • @AmBlessed9319
    @AmBlessed9319 Год назад +14

    My ratio is 10:20:70. 10.Tithe, 20.Savings, 70.Needs and Wants

  • @magdalinenjoroge1509
    @magdalinenjoroge1509 Год назад +19

    I dont have a monthly income but whatever i get i save 30% of it in mmfs, i hope it will pay off in the long run

    • @sahraahmedkoshin
      @sahraahmedkoshin 6 месяцев назад

      Hi @magdalinenjoroge1509, please what is mmfs? Thanks

    • @denis5855
      @denis5855 5 месяцев назад

      @@sahraahmedkoshin MMFs is money market funds, like Cytonn and Sanlam.

    • @scholasticakathure2821
      @scholasticakathure2821 4 месяца назад

      ​@@sahraahmedkoshinMoney Market Fund

    • @msylvini
      @msylvini 21 день назад

      ​@@sahraahmedkoshinmoney market fund

  • @betterlifesolutions
    @betterlifesolutions Год назад +8

    I like what you said about basically starting something even if you think you're imperfect since it's better than DOING NOTHING

  • @victornyakundi294
    @victornyakundi294 23 дня назад +2

    A million can't be 100M in ten years through compounding even if the rate of return is 20%annually, a return that is unrealistic.

  • @teejayangel6638
    @teejayangel6638 Год назад +17

    Wow! These pple are blessed with knowledge of prosperity! You hate them, until you want to learn how to grow rich. Never hate! Bless you Sir for sharing your knowledge!

  • @rachealwambui3413
    @rachealwambui3413 Год назад +3

    Educate us more on money market

  • @TopG_Tyrus
    @TopG_Tyrus Год назад +3

    This is educative
    umenijenga mahali mzae🤜🤛💯

  • @sikazwejerry4620
    @sikazwejerry4620 Год назад +3

    Let's use proven formula in leading our private, public and spiritual lives. Designing formulas take time. For this reason using already designed formulas is better than wasting time designing new systems and experimenting them.

  • @palabrahamsen524
    @palabrahamsen524 Год назад +6

    Being an economist, this is not new. What you are saying is true but it has a side to it that you are not touching upon and that is risk. All investments are associated with a level of risk. And by raising debt to fund an investment, so called gearing, adds to that risk. Not advisable. You should never invest more than you can afford to loose. Furthermore, if you have decided to invest, you should not do it just because you want to be a millionaire. You do it because you are genuine interested in the investment itself. Money comes if the underlying activities turns a profit. And last but not least: Do your due diligence properly and particularly how to exit. I have seen so many cases whereas exiting is super hard and even impossible. Then your invested money is trapped and basically worthless for you. And then the Golden Rule: If it looks to good to be true, that is probably what it is. If the ones asking for your money promising unrealistic profits, then it just to walk-away.

    • @palabrahamsen524
      @palabrahamsen524 Год назад

      Goes without saying: If the investments involves any kind of recruitment and commission fees, it is for certain a walk-away.

  • @kingpharaoh6981
    @kingpharaoh6981 Год назад +5

    Since I started following your videos i have learned a lot.

  • @mulamaibrahim674
    @mulamaibrahim674 2 месяца назад

    Soft spoken and on point

  • @Kihungu_JM
    @Kihungu_JM Год назад +1

    This video has been pretty inspirational and I have a lot to take away

  • @czarlifestyle5335
    @czarlifestyle5335 Год назад +4

    This is pure 100% legit Information

  • @sandebrian2537
    @sandebrian2537 Год назад +1

    Thanks brother Reuben I have learned something

  • @fredricknyakuna2842
    @fredricknyakuna2842 Год назад +1

    Watching you live from Oman its my first time

  • @musakibwana4596
    @musakibwana4596 10 месяцев назад

    Thank you. Very educative and inspirational. A wake-up call indeed!

  • @emmanuelwafula1364
    @emmanuelwafula1364 10 месяцев назад

    Thanks alot sir. Keep educating us more and be blessed.

  • @briankipkemboi9516
    @briankipkemboi9516 Год назад +2

    Dear sir, Thanks you for this wisdom

  • @aluochaphey8696
    @aluochaphey8696 Год назад +3

    Thank you much this really opened my mind

  • @stellawambua8403
    @stellawambua8403 Год назад

    Please do research on what investment could bail out a plus 55 years who needs to prepare for retirement. Advice

  • @brendamagu-kariuki674
    @brendamagu-kariuki674 Год назад

    Love this! Helpful and enjoyable. Thanks.

  • @evelynenduta205
    @evelynenduta205 7 месяцев назад

    very informative

  • @helloMoto-k2
    @helloMoto-k2 Год назад +2

    Thank you for this

  • @tamaduni
    @tamaduni Год назад

    Now anyone can invest in any company globally ..Apple..google ..etc ..

  • @pm2331
    @pm2331 5 месяцев назад

    Quite informative 👍

  • @ev.jasonkinyua
    @ev.jasonkinyua 2 года назад +4

    Thank you sir, I now understand where my problem began

    • @angiemusyoka
      @angiemusyoka Год назад

      Ev. Jason I hope you also found a solution.

  • @lynnetaleima6198
    @lynnetaleima6198 Год назад

    Here to learn

  • @shikalbk2491
    @shikalbk2491 Год назад +2

    I will definitely need good advice because either the location or just mare bad luck is on our side because we have not been able to make a fraction in terms of profit compared to the amount of money spent investing in real estate as you have mentioned in your video. I would definitely want to hear your honest opinion.

  • @puritynjagi8767
    @puritynjagi8767 Год назад

    Thanks for your advice

  • @ngila_benja
    @ngila_benja Год назад +1

    Gaining tips

  • @Danielleitich
    @Danielleitich Год назад +1

    great advice indeed

  • @rodgeranzaya2597
    @rodgeranzaya2597 Год назад

    real talk

  • @ElizabethNjogu-o5d
    @ElizabethNjogu-o5d 3 месяца назад

    Nice

  • @simonkanyugi7552
    @simonkanyugi7552 Год назад +1

    please tell us which sacco do you prefer.

  • @RogersNgobi-gc3cx
    @RogersNgobi-gc3cx 6 месяцев назад

    good ideas

  • @gilbertotieno3984
    @gilbertotieno3984 Год назад

    God bless you Sir

  • @faithkoech7219
    @faithkoech7219 Год назад

    Thank you , point on dot

  • @wadzanaichow7865
    @wadzanaichow7865 Год назад +1

    Thanks for the information.

  • @simontherevivalist6087
    @simontherevivalist6087 Год назад

    Woow! I love this great content

  • @Tamiaris4291
    @Tamiaris4291 Год назад

    Thanks it's very useful.

  • @alimasiga8422
    @alimasiga8422 Год назад +1

    Thanks for the knowledge

  • @josephngetich7554
    @josephngetich7554 Год назад

    thanks much

  • @fidelliswambui6217
    @fidelliswambui6217 Год назад +2

    What about Money Market Funds??

  • @favouredone5489
    @favouredone5489 3 года назад +6

    Whooooh that's profound. Is it possible to join a sacco when you are abroad?

    • @ReubenKimani001
      @ReubenKimani001  3 года назад +3

      Hello Eliud,
      Thank you for your feedback.
      Most SACCOs in Kenya have embraced digitization enabling Kenyans from anywhere in the world to join SACCOs back at home.
      There are quite a number of SACCOs in Kenya. I am not able to recommend a specific one, but you might find this information helpful:
      1. venasnews.co.ke/2021/03/22/list-of-the-best-dividend-paying-saccos-in-kenya/
      To invest with Username, you can call us on 0725 000222 / email property@username.co.ke

    • @teejayangel6638
      @teejayangel6638 Год назад +1

      Try Kimisitu SACCO.

    • @allbyhisgrace8925
      @allbyhisgrace8925 Год назад

      My friends recommended Bandari sacco to me,one is in Germany and another In Norway both with Bandari.I am going to contact contact and take it from there.

  • @newtonmwiti9797
    @newtonmwiti9797 Год назад

    Valuable information.

  • @clementmacharia3578
    @clementmacharia3578 Год назад

    I like

  • @peternganga9100
    @peternganga9100 2 года назад +13

    How can I connect with you.i earn 40k per month and I don't have any where to invest.

    • @teejayangel6638
      @teejayangel6638 Год назад +2

      Start with Money market funds (MMFs).

    • @mohamedabdimohamed1996
      @mohamedabdimohamed1996 Год назад

      @@teejayangel6638 how does MMFs works

    • @marywanjiku8162
      @marywanjiku8162 Год назад +4

      @@mohamedabdimohamed1996 Open an account with them deposit and then the money earns interest , If you require your money back should be available within 72 hours

    • @andytownsend19
      @andytownsend19 Год назад

      @@enockabuga892 Tell us

  • @wanguinosa9085
    @wanguinosa9085 Год назад

    Wisdom

  • @michaelmbage9165
    @michaelmbage9165 Год назад

    What about money market funds

  • @fredricknyakuna2842
    @fredricknyakuna2842 Год назад +7

    I have a 100 k in my bank account how can i master the art of investiment? Where can i invest it

    • @childofgod8365
      @childofgod8365 Год назад

      Fonds, money markets...try CIC... government fonds

  • @dansaali5536
    @dansaali5536 Год назад

    Great video and informative

  • @nigelcharles7386
    @nigelcharles7386 2 года назад

    Very educative

  • @emilykawira8627
    @emilykawira8627 Год назад

    great piece of information. How do i became a stock broker

  • @ptagates
    @ptagates Год назад

    On point 💯

  • @peninahcorvino449
    @peninahcorvino449 Год назад

    Please explain how the username works

  • @lucymuthoni4543
    @lucymuthoni4543 Год назад +4

    And if someone is being paid in hrs,,, where my salary varies according to my working hrs a month,, I may get 50k, 35k, 40k, 20k, 60k. if I may have to save constantly??

  • @HARON2020
    @HARON2020 Год назад

    Is it good to save money on till numbers

  • @stefanoh
    @stefanoh Год назад +2

    hello, is money market funds good for investments

  • @beatricemusyoka2168
    @beatricemusyoka2168 2 года назад +1

    Very valuable information

  • @wanguinosa9085
    @wanguinosa9085 Год назад

    Where can one learn how to trade stock

  • @childofgod8365
    @childofgod8365 Год назад

    Which plots are those to pay in installments?

  • @ruthotanga2960
    @ruthotanga2960 Год назад +1

    Sir help me I have 20 k in my bank would help me kind of business I can start with

  • @samuelndegwamburu3273
    @samuelndegwamburu3273 Год назад

    Where can I find you for more advice

  • @willybillylaw
    @willybillylaw Год назад

    Does 20% percent also include savings

  • @peternganga9100
    @peternganga9100 2 года назад +2

    How to invest if you are out of country.

  • @pcodesdev
    @pcodesdev Год назад

    Between buying a plot and constructing a house for my mom which one would you advise

    • @angiemusyoka
      @angiemusyoka Год назад +6

      Buy a plot sweetheart. It is an asset...you can resell it later at a higher cost or even build your rentals. A house for mom is a great blessing but a liability dear. It will only take from you. Am not an expert though...just sharing what I have learnt so far. All the best! ❤

    • @denniswriter9532
      @denniswriter9532 4 месяца назад

      Does your mum have a house not necessary u build her a new house u can do face lifting of the existing one. Second is the money you have the only one or u ave a job or income generating project? Those are among other things u shud consider

  • @alextai4990
    @alextai4990 2 года назад +2

    I want to be successful but need guidance

    • @nellymakky9335
      @nellymakky9335 Год назад

      Which investment fr about 5 yrs to retire

    • @allbyhisgrace8925
      @allbyhisgrace8925 Год назад

      @@nellymakky9335 land at a cheaper rate and resale I'm 2 to 3 years for a double or triple the amount.

  • @Mbishaltd
    @Mbishaltd Год назад +1

    so informative

  • @hoseamganda8880
    @hoseamganda8880 5 месяцев назад

    very informative

  • @doreenwafula1871
    @doreenwafula1871 Год назад

    Thank you for the information