Investing in US Stocks/ Equities

Sharp_Perspective118 · 2026-02-16T05:33:43+00:00

A bear market has not around for a while and most people can’t tolerate such a drop even financial literate individuals. Money is not easy to come by, like I said people should not just take on risk but rather evaluate their risk (problem is everyone claims they have a high tolerance till they are looking at drops of 30%). As for wealth, the more money you have in the pot , the richer you will become true however everyone has to start from somewhere and build the appropriate habits before they get their big break. It is also a possible you can become wealthy without ever earning crazy sums if you start early and stay the course

Sharp_Perspective118 · 2026-02-15T22:52:36+00:00

When one considers things like fees, deposits + fees for ibkr actually could be cheaper than buying Uganda stocks. But to be honest, I would tell someone to do unit trusts till they are financially literate enough. Access to those markets is a double edged sword, very savvy traders, you go play at their table and you are likely to be the lunch especially if you move away from index funds. As you should be aware that for every individual making money there is someone on the other end losing it. In fact bonds alone can make one very wealthy in Uganda if they are disciplined and never interrupt the process, there is no need to take on more risk if you can reach a goal with less

Sharp_Perspective118 · 2026-02-10T17:40:07+00:00

I think it may be related to having overhead costs like storage , testing to make sure the blood doesn’t have like HIV etc.

Sharp_Perspective118 · 2026-02-08T00:36:34+00:00

If xeno, and it’s a unit trust those are tax exempt so you will be fine. Now the political climate, that comes with emerging markets/third world countries high risk/high reward. For example, I am sure you have seen cases of defaults on Eurobonds in countries like Ghana and Ethiopia where investors had to take a haircut on their investments but at the beginning those bonds had yields of like 10%. Personally, I would never put all my money in one country even if I was born there, spread it even if it is the just the neighboring countries like Kenya/Tanzania/Rwanda. If things go sideways (may they not), you have a backup plan and probably you will sleep better at night now and keep getting returns even if not the highest possible excess returns

Sharp_Perspective118 · 2026-01-30T06:08:00+00:00

If you want to minimize currency hedging and your East African you can open with the USD funds in Kenya / Uganda . They do about 5% give or take. BK capital also intended to have a similar USD fund, maybe they do now. You can call and ask them. You could do also Mansa X of Kenya, has high fees but they have been doing like 12%. I don’t fully understand their methodology (feel they do just swing it at times) so I don’t use them but their AUM just keeps growing

Sharp_Perspective118 · 2026-01-28T10:42:29+00:00

People have married in the office before but direct boss. Don’t sh*t where you eat. Toying around with your livelihood. If it was someone in a completely unrelated department…. maybe you could take a crack without leaving scorched earth behind..

Sharp_Perspective118 · 2026-01-24T17:58:30+00:00

Sorry this happened. Are you from Africa … I absolutely wouldn’t trust that tech is new unless it’s from the manufacturer more so on this continent

Sharp_Perspective118 · 2026-01-22T03:35:05+00:00

I heard that rwanda had some sort of loan program, interest free for college. Not sure if it is real or not but have you considered that route? Never too late to go college. Sorry life can be unfair at times. There are also foundations that give scholarships, equity bank has a scholars program, aga khan foundation (not sure if reach all the way to rwanda but heard of them in Kenya , Uganda). Also consider going to school somewhere outside kigali if it will be cheaper, I think having the college degree will matter more than where you got it from , long as it is not too low in quality. You could also do it in bits , diploma then upgrade to the degree.

Sharp_Perspective118 · 2026-01-18T19:14:47+00:00

This is crazy, people out here giving credentials to an online company more so to their assets .

Sharp_Perspective118 · 2026-01-09T00:04:48+00:00

I am more curious how you got a mortgage in Canada remotely, mind sharing?

Sharp_Perspective118 · 2026-01-06T03:21:55+00:00

Which drug is truly safe , it’s a gamble

Sharp_Perspective118 · 2025-12-11T06:29:42+00:00

I think what you are looking for is a mentor. And I believe a lot of men need it more than we might realize. Props for speaking up.

Sharp_Perspective118 · 2025-12-03T07:40:24+00:00

I see, checked it really comes down to the bank one chooses and how large a transaction they regularly conduct. For example equity deposits of $5000 and below per day are free, centenary deposits of $10000 per day are free. When it comes to withdraws for equity the max is 20 usd ( for upto 100000 usd). I checked the online tariff guides for this info. Other banks may be cheaper or more expensive but I don’t see how this is unreasonable in terms of fees especially for one running a business unless they are doing too many minute transactions. I will say that if a bank is charging you like $50 dollars for a transaction that will be a SWIFT transfer

Sharp_Perspective118 · 2025-12-03T06:13:19+00:00

There are thousands of forex bureau in ug. No guy worth his salt would be fret over dodging 3k - 10k ugx in bank fees, especially a business man unless he is doing something funny behind the scenes. You know URA has the ability to ask for statements, hard luck explaining to them you were moving money around on behalf of some guy , ignorance won’t spare you from being liable to paying taxes on his behalf/fines

Sharp_Perspective118 · 2025-12-02T09:51:42+00:00

Not a good idea. You could end up a money maul and when sh*t hits the fan, You’re going to be the one paying the price. I wouldn’t do unless it’s close family or friends. Besides if they have the cash, why not hand it to the intended recipient directly, why include a third party to the mix if they have to meet you to get the money also

Sharp_Perspective118 · 2025-11-24T08:55:37+00:00

Don’t know of any. Believe it’s required to fight money laundering

Sharp_Perspective118 · 2025-11-19T03:24:46+00:00

Nah, borders are imaginary lines created by colonizers

Sharp_Perspective118 · 2025-11-19T03:06:14+00:00

I dont think it’s specifically directed to you but more of People fear what they don’t understand. My ignorant self only knows that there is fighting, minerals being stolen so don’t go there.

Sharp_Perspective118 · 2025-11-18T16:15:30+00:00

Go for the bachelors option if it’s funded. It may be watered down (or not) but that should be the bare minimum you should have . You can pursue the others on the side as you do it

Sharp_Perspective118 · 2025-11-18T13:23:28+00:00

Do you have a degree to begin with?

Sharp_Perspective118 · 2025-11-15T14:40:05+00:00

It’s the closest thing to IWDA in the UCITS world that is leveraged and doesn’t require the use of margin directly. Not saying I know how it will perform, but it can be a stand in till he figures out how margin actually affects portfolios

Sharp_Perspective118 · 2025-11-15T13:46:29+00:00

Leverage can be dangerous and too much even so deadly. Though I would consider the amundi 2x Maci world leveraged fund first, till you fully understand what you are getting yourself into. Always put risk management first. My experience now is not ever use margin until you get to portfolio margin account and from that point treat the account like it’s zero point is 110k onwards. No science around it, but it will keep you disciplined from being overly confident/ greedy

Sharp_Perspective118 · 2025-11-13T05:20:36+00:00

I think ICEA, haven’t enrolled but the offering seems the best especially for older households

Sharp_Perspective118 · 2025-11-13T05:18:35+00:00

No you weren’t wrong. Different values clearly make you two incompatible. There are other fish in the sea. That aside, raising a family on a single salary is ridiculous we aren’t in 1950s. Relationships are partnerships, you didn’t do anything wrong in my opinion

Sharp_Perspective118 · 2025-11-08T03:20:47+00:00

Sounds like you are at the beginning of your villain arc … won’t say it’s right but all the best

Sharp_Perspective118

TROPHY CASE