I would only tell a mans son one thing, that the weight you feel, the dull excruciating heft of being alive, thats it. that is the entire inheritance. i dont have land or money or wisdom worth a rotten penny but i know this, god gives weight to the men he has not forgotten. the light ones, the untouched ones, gliding through with their clean hands and empty smiles, they were never burdened because they were never chosen, and that is a sentence far worse than yours. so when it gets heavy, and it will, remember your father said that was the honor, the only one that mattered
Whatever you do, avoid anything that would lead you to die young.
Avoid the habits that shorten your life, smoking, excessive alcohol, drug abuse, and every form of self-destruction. Temporary pleasure is never worth a permanent loss. Try not to die young.
Dr Julius Kipngetich advises men to outsmart their ever rising women.
Men are facing imense pressure from rising women in the society. Kipngetich has the following advice to men:
1. Increase knowledge by reading a book every week
2. On personal finance, save money and stop overspending in huge SUVs, emulate Chinese minimalist expenditure.
3. Generate more income by having more than one income source since women are earning more than men nowadays.
4. Farming maize when you're in Nairobi doesn't make economic sense. Invest in money market, bonds and treasury bills instead.
5. Don't overspend on relatives instead encourage them to develop their own revenue generating avenues.
6. Always be present, don't stay in pubs until 12AM. Kipngetich personallly gets home by 8pm daily.
7. Learn at least one sports activity, language and music instrument. For example, learn darts or chess or football, local languages such as Kikuyu, Luo or Kalenjin and perfect one music instrument like guitar or piano.
8. Go to church every Sunday, build your relationship with God.
The core of the matter is: keep rising as a man. Don't stagnate.
We are all desperate and needy people in search for solutions to our own problems.And we may rob others of their dignity in a sloppy effort to preserve our own.This is human nature.
Every man must meet his humbling phase in life, it’s better you meet your own quicker and when you’re young so you can get back on your feet than to meet it at the later stages of your life.
I have always disagreed with the blanket advice that young investors should heavily favor stocks and minimize bonds simply because they are young.Eti kama uko 30, then 70% of your portfolio should be stocks and 30% https://t.co/DCVgV51axl my view, financial stability matters more than volatility when you're building your foundation.
For example, if you're in your 20s, and your monthly expenses are Ksh100,000, and you receive a Ksh12 million windfall, I would rather see Ksh10 million invested in high-quality bonds yielding 12% and Ksh2 million allocated to stocks.
Why?
Because the bond portfolio would generate approximately Ksh100,000 per month,enough to cover your basic living expenses. That creates financial stability and removes the pressure to liquidate investments during difficult times.Once your essentials are secured, you can aggressively invest your employment income, business profits, or other cash flows into equities and patiently ride out market volatility. Market downturns become opportunities rather than emergencies.The biggest mistake many investors make is allocating too much to volatile assets before establishing a stable financial base. When life happens and cash is needed, they are often forced to sell stocks at a loss to meet basic expenses.A portfolio that allows you to sleep well at night is often better than one that looks impressive on paper but cannot withstand real-life financial pressures.Stability creates patience. Patience creates wealth.
Buying an asset at an all time high due to momentum is usually just retail investors volunteering to be exit liquidity for institutional money
Real money is made when the asset is boring, flat, and ignored.
If you only notice a stock when it’s green, most of the time you're late.
Your ability to earn is the most valuable asset you will ever own, and it's the one almost nobody deliberately invests in.
A UK adult earns somewhere between £1m and £3m across a working life. The size of that number is decided almost entirely by how good you are at things other people pay for — and most people stop deliberately improving the day they leave school or university.
They'll spend two weekends hunting a £400 flight deal and not a single evening raising the skill that sets a £40,000 salary. They'll track a savings pot earning 4% and ignore the earning power that could double.
Put your money and your evenings into the one asset that compounds hardest: what you can do that someone will pay for. Every other financial move in your life is downstream of that number.
Absa Group just offered to buy your Absa Bank Kenya shares at KSh 34.50 each, about a 20% premium.
Absa Group wants to lift its stake from 68.5% to 85%, spending KSh 30.9bn to mop up minority holders.
Why pay up? Absa Kenya’s return on equity was about 23% last year, well above the parent’s 15%. The Kenya unit earns better than its own owner.
So if you hold the stock: take the premium cash now, or keep a high-return dividend payer? Both are fair.
My take: don’t auto-sell for the premium, and don’t auto-hold out of loyalty. Run the math on your dividend yield vs the offer first before making a decision.
The window, once the CMA approves, will run roughly from June 30 to Aug 11.
#NSE #AbsaKenya
What Is a Tender Offer?
A public invitation by an investor, here Absa Group, for existing shareholders of a listed company to sell their shares directly to it at a set price, within a defined window of time, rather than through normal market trading.
Why use a tender offer instead of buying on the market?
Absa wants 895,989,600 shares fast, at a known price. Buying gradually through the NSE would push the price up and could take months given Absa Bank Kenya's typical liquidity. A tender offer secures it all at once.
Why the premium?
KSh 34.50 carries a 20.0%, 18.9%, and 28.2% premium to the 30, 90, and 180-day volume-weighted average prices respectively, compensating shareholders for selling now instead of later on the open market.
Is it the same as a takeover?
No. A majority owner buying more shares would normally trigger a mandatory take-over under CMA rules. Absa sought an exemption instead, framing this as a strategic top-up, and Absa Bank Kenya stays listed on the NSE.
Is tendering shares compulsory?
No, it's entirely voluntary. Shareholders who choose not to tender keep their shares and remain investors in the company exactly as before, with no change to their existing position.
What happens to the price during the offer period?
Tender offers typically firm up the market price, since the KSh 34.50 floor gives investors a clear reference point. Absa Bank Kenya shares already hit an all-time high of KSh 33 ahead of the announcement.