Most people will disagree with me but as a young man below 45yrs, you don't need to be arguing whether you should invest in NSSF, or unit trusts, or real estate etc.
You need real financial knowledge, knowing when to choose what, unit trust or real estate or business or savings or employment etc.
The ability to discern signals and understanding of how to create wealth, how money really works, what are perfect investments for me.
I'm that person who cannot be there arguing which investment is better because every investment is good, the question is why do you think it is good at that particular moment?
I talked about the old man who had 600m worth of land but couldn't live a descent life and my advice was selling it and Invest in bonds. Would it be the smartest idea if he was 30yrs old? Maybe not and personally wouldn't choose that if it was my land at my current age.
Does that mean a 30yr old shouldn't invest in bonds, NSSF smart life etc? Of course not, if I'm saving to build a hospital in 6yrs from now, I would put all my monthly savings in bonds or NSSF smart life than being in bank, in 6yrs, I would be able to build a hospital and even have money for operations.
In a nutshell, as a young man/woman, don't chase the hype, learn the financial language, the decision process behind it, the reasoning, the should I do this or that, what are my goals, how does Money work, how to build wealth and why is a financial decision considered right and when.
When you master the art of making money, all these decisions come natural to you, that's why there are people investing in so many things that even the crowd isn't aware of, it's because they accumulated the knowledge of growing money and not just copy pasting things.
Learn how money works when you're still young, investment decisions won't be an argument to you, see the people who have built wealth, learn from them and their decision process. Compare many and keep learning while implementing lessons.
"Here in Buganda we say
'enkoko enjeru teyekweka kamunye'.
When you are set apart you are easily spotted, and you can become a target. So I pray that we remain measured, welcoming, strong, restrained and wise under pressure, loving, and above all humble in God's love."
Congratulations Bishop Patience and @covenantnations , this is your season.
Here are my full remarks
My heart is full. Here to celebrate little wins.
Every Saturday we clean Bamutakudde village together and it's beginning to pay off. Streets are cleaner, homes are cleaner, mindsets are changing. Today we agreed to start sorting waste: recyclables and non-recyclables. Recyclables will be sold, decomposing waste will feed our gardens.
Small steps. Big future.
Are we losing human connection to screen time?
While @UCC_Official & the @MoICT_Ug deserve credit for connecting us, it’s time to put phones away at dinner & actually talk to each other. @KKariisa Group CEO @nextmediaug
Watch the full clip below
#BeACyberHero#CapitalFM
On the day you took over officer as IGP, that Friday, I was graduating at Makerere University with a Master of Arts degree in Public Administration & Management. When my name was read, there was an uproar from the congregation & I saw the outgoing IGP John Kisembo saying something to you.
Your tour of duty in Police in 2001 found me at the rank of Superintendent of Police(SP).
On your first day in office, the following Monday, you appointed me to the office of head of Community Affairs as an Ag head of Community Affairs department following the interdiction of my boss who had been affected by the Sebutinde Commission.
You left your desk & sat in the visitors sofa where I was seated. You told me that you watched me from far & heard all my radio programs on CBS radio with Mulindwa Muwonge. You told me that you had a lot of hope in me as a young man & asked me to intensify & deepen community policing as a way of preventing crime.
I took the job with the seriousness it deserved. Many times, you appeared with me on same TV/radio interviews. We also traveled together to address public meetings.
Whenever you wanted anything done quickly at HQ, I was your first point of call. I wrote most of your speeches & one time told the university at Nkumba to invite me & talk to your Political Science class. You had a lot of trust in me intellectually.
One day, you summoned me to your office & I found Bishop Kawuma of Namirembe Diocese who had wanted to recruit a police officer to be trained as a Reverend at Bishop Turker Mukono. You said the most beautiful words about me that no IGP has ever said. From that day, you started calling me son.
In the same week, you summoned me to your office. I saw both my confidential & open files lying on your desk. You asked me serious personal questions about my family, business, health etc.
You gave me very good advice. I will never forget what you told me if I was going to be a good officer & serve my country well. You said that the family, my health & what I was doing outside my office were the most important things in my public service life.
The following year in 2002, I was promoted to the rank of Senior Superintendent of Polixe(SSP). In 2004, I was appointed on promotion to the rank of Assistant Commissioner of Police(ACP). The following year in 2005, I was yet again promoted to the rank of Commissioner of Police(CP). I put on my rank exactly on the day you handed over office to Maj. Gen. Kale Kayihura.
Contrary to what people say that I earned all my ranks under your successor, I actually earned 3 promotions in the 4 years you served as IGP. Gen. Kale recommended me for the rank of AIGP in 2009 the rank I retired on.
You trusted me with management of Police FC & the office for chairman Police Council Appeals Court. I handed over those offices on the day I retired in 2022. This was a sign that you knew my strengths so well.
We continued to work together even when you were CDF. You were always calling me to find out how I was doing when I was Director of INTERPOL & CPC.
When I was in the process of publishing my book Chosen, you offered to write the Foreword. I cherish every single word you chose & wrote.
I will always remain indebted to your counsel, command, mentorship & advice. I looked up to you in whatever you did till today. You trusted me, I didn’t let you down even in a single instance. The legacy you left in my life is cemented with the strongest concrete in the world.
You’ve retired a proud officer, a visionary leader, a Pan Africanist, a patriot, a commander, a mentor & a father.
I wish you a good retirement from the army & success in the service of this country as a Minister.
My family & I will always remember you for my life & service to the nation.
I don’t have what to give you. Only this tribute. May God continue to bless you & family my commander @GenWamala
And then, there's this very amazing Buddy Group system in Rotaract Clubs. Specifically, there's a buddy group in @kanosug called Galilee😍. I'm sure you want to cross paths with those very special people!!
#ItsTimeToJoinRotaract
📌Are you a returning passenger?
📌What goods are prohibited, restricted or allowed entry into the country?
📌Are gifts even allowed?
📌What kilos of allowable goods are acceptable into the country?
Learn everything you need to know from the resources here below about passenger baggage clearance procedures at the Entebbe Int'l Airport.
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➡️https://t.co/W8R2aikq28
📢Additionally, the Tax Education team has established a 𝗽𝗵𝘆𝘀𝗶𝗰𝗮𝗹 𝘁𝗮𝘅 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗰𝗲𝗻𝘁𝗿𝗲 at the airport to support arriving travelers in any inquiries that they might have.
#Customs101
#FfeBanno
#DevelopingUgandaTogether
VIDEO: A historic milestone! @UG_Airlines' direct flights to London mark a bold step in connecting Uganda to the world. With 3+ years of collaboration, this route boosts tourism, trade & GDP. ~ Ms. Olive Birungi, Deputy Director General @UgandaCAA#LondonHereWeCome#UBCUpdates
As I opened Makerere University’s Research and Innovations Week, I reminded our people that Africa was colonised on account of lagging behind in science and technology.
From the very beginning, therefore, the NRM recognised that this was one of the major bottlenecks for the progress of Uganda and Africa, as well as the survival of the African people.
In response to the argument I had with some individuals who were asking why we allocate 70% of the funding to scientists, it is not that the arts do not matter, but we need to prioritise survival.
The arts will be more appreciated when the foundation of the country is secure. The fundamentals of life (shelter, food, locomotion, defence) are the basic needs of society. The more a society is able to tame and harness nature for its own benefit, the more prosperous that society will become.
I was happy to see flashes of this as I toured the exhibition stalls today. I would therefore like to thank the university administration for responding to the calls of our society. The money we are allocating for innovations and research is merely endozo (jaribu, a sip, a taste); we shall provide more in the future.