Stop building mansions in the village mbu retirement home!
You and I know you like the city too much, you are not retiring in the village, away from your golf course, away from all the fancy dinners at Serena. Away from all your friends who live in Kampala.
You don’t even know anyone in Kanungu anymore, all the guys you grew up with are working in Kampala, Nairobi and other cities all over the world. The only two people you know there are your parents.
When you are older, the need for quality healthcare also increases, and you don’t want to be 600Kms away from Kampala hospital relying on an understaffed health centre IV with no ambulance and a faulty generator when you get a heart complication at 4:00AM.
Also, to maintain your lifestyle (the golfing, the travels, latest cars, your wife’s shopping sprees in Dubai) you need to have a stable income, just like your job gave you. And nope, don’t jump into farming or business. My guy, you have been an IT guy all your life and now you want to get all your NSSF to start a chicken farm at 55.😳 Mbu you want to build rentals in Kireka managed by your unemployed son (the one who barely finished s6 but knows all the bars on Acacia and Bandali rise)🤣🤣 dey play.
If you already have a mansion in the village. Yes, the one you only use once a year for 2 weeks in December. Sell it today and invest in semi liquid and liquid assets like bonds or a good unit trust fund. You’ll get a stable income while your premium stays intact.
Also, ba mzeyi please stop lying to yourselves that your kids currently studying in the USA and Japan will come back and stay in your village mansions when you die. Most times, kids who study abroad build their own lives abroad. The best they will do for you is return home to sell the mansion and then go back.
And now my baganda brothers and sisters. Stop buying too much land. If you are 70 years old and need emergency surgery in India, the land can’t get sold fast enough. Or you’ll sell it at a loss.
Most of you my people are asset rich and cash poor. Why do you have a networth of 2 Billion shs all in land. 🧐 That is primitive accumulation of wealth. Diversify. Have hard assets but also semi liquid and liquid (An asset which can give you emergency money in less than 24 hours.)
So, please sell that mansion on a hill in Kanungu and thank me later.
@DanielLutaaya I agree 💯! My kin overseas are blowin’ their cash on massive mansions they barely visit-leaving them to caretakers they gotta bankroll, just to stay in them for a week every five years. Total waste!
@GODFREY_Kutesa I would stay home for the first few years of my kids https://t.co/3TZDSv9X9P’s difficult to find good care for children especially when they are not talking yet.
A vendor sells the salt cured fish, a delicacy from Pakwach, Northern Ugandan over 420 Km, locally called “Angara” at the Nakawa market. The fish can only be got from Pakwach.
📍Nakawa Market | Kampala
#LockedOut#ExploreUganda#UgandaNyRoad
@GODFREY_Kutesa There’s a blessing that comes from being a fool is a very manipulative statement.Such statements have kept women and children in very awkward situations.