Thanks for the insightful piece. I can ably say that " I was blind but now I can see" You have actually hit a swarm of bees and decisions and resolutions have been made to invest in money market funds (unit trusts) and treasury bonds. Where as unit trusts, the reinvestment is automatic, for the treasury bonds, I have to do bond laddering as to invest continuously.
As for the future generations, you have ably shared how I can invest on behalf of the children so as to leave a LEGACY.
Thanks for always coming out to inform generations.
As for employees who find supervision of personal projects challenging, this literature in a masterpiece.
I will be looking forward to attending one of the upcoming masterclasses on treasury bonds and money market funds so that I can get the numbers right.
You have nailed it spot on. Many Ugandans unfortunately believe in "ego investing." They want a house, land, shop etc. tied to their names and that is what give them happiness. Many hardly think about "returns to capital." Ask any at random when they think that "ego thing" will break-even and they have no clue.
Bond investing is:
1. Entrepreneural in the sense that we who invest seek the high returns that no alternative can offer.
2. Patriotic since we are dealing with our country. How would a businessman shout "buy Uganda build Uganda" when s/he cannot facilitate the government to provide security and services needed to thrive his or her production.
3. Long term. Survival entrepreneurs seek quick returns. They are hardly sure of their enterprises living in the future. Bond gives us a 5, 10, 15, and 20 years outlook of undeterred returns.
4.Beating volatility in the market. The stable pay and cash over the long term actually instead of being called lazy gives me ample time, call it freedom, to do whatever I want without any headache of how I will earn to afford my humble lifestyle.
Like we discussed before let those who want to sweat blood to earn sweat. Let those seeking after their ego go. But all said and done, I have come to a simple conclusion that "financial wealth is not meant for everyone" and perhaps thatbie why it's pointed out that "the poor you will always have."
I've been greatly inspired by your insightful posts both here and on platform x. Your wisdom has had a profound impact on me. I'm now interested in opening a unit trust account, as I now believe it's a more suitable option for me than a traditional savings account, given my current residence and work in Abu Dhabi.
Could you kindly provide guidance on how to get started.
Go for UAP not ICEA. Actually, scroll through Alex’s old posts. He has not once, not twice, given us a dive of fund managers in Uganda and UAP tops the chart because most organizations do their pension schemes with them. Alex gave us statistics of different fund manager performances according to returns and according to AUM( assets under management).
I personally I’m making a year this January with Xeno Investments.
Be mindful that unit trusts are not taxed. You’ll only lose a 2% fee as management fee annually if you invest with UAP, and with Xeno, you won’t withdraw your funds below 10k. That 10k shall always remain in the account. I do believe that is their one time management fee throughout your time whilst using them (unless I am wrong).
Thank you so much Alex for the continual assurances and knowledge you so passionately indulge unto us. You have a following of listeners, me included, that have revised their entire investment and growth plans in line with the advice you share with us.
We appreciate you.
I would like a much more clear and concise narrative on Unit Trusts VS Bonds. Coz you surely make a case for bonds so much, and I have my money in unit trusts, and would like to have clarity on what I need to know to make a switch if I was already too comfortable with what the trust was offering me.
Unit trusts offer lower returns because of fund manager fees but allow better access to your funds, turn around is about 24hrs. Top ups are more flexible than monthly primary bond auctions and more. You basically earn less because you are paying a fund manager 2% to do the bond investing for you
You could say that. Have both bonds and unit trusts. Bonds is for money you are not going to need and unit trusts for money you might need to use in the near future
By investing in unit trusts you are indirectly investing in government securities because those licensed companies do it on your behalf and charge you up to say 2% in management fees.
By investing directly you will be in charge, full throttle.
After educating yourself, it will be time to ACT depending on the risk appetite or thick skin you would have acquired.
I wish you the very best on your investment journey.
Mr. Kaganzi, scroll through Alex’s old posts. You shall find more than one post giving a deeper dive in Units vs Bonds. You shall also find insightful posts giving deeper understanding of Bonds Vs Unit Trusts Vs Real Estate.
Just take your time and scroll through his old posts.
The best motivation for saving and investment is broke old people. I do not want to be worth nothing in 2050. I will be 55 in 2050. I know many 50+ year olds with nothing to their name. Even if they had opted to invest 50k per month in bonds over the last 25 years, they would at least have 100m to their name in 2025. They have nothing. Even if inflation had eroded that 100m and it is only worth 40m. they would still be worth 40m but they are worth nothing. Some of them were high income earners, others had successful businesses at some point but they are worth nothing today. Better something than nothing. I have grandparents in their 70s today, they no longer spend on school fees or rent or big family food but their healthcare bills are 30m+ a year. If they had parked 100m when they are 50 years old 25 years ago. The return on that would grow to 2B+ today, enough capital to create a 14m per month passive income to cater to their elderly costs. But rather, they are selling off their land to fund expensive medical bills and relying on well wishers and extended family fundraising to hold onto dear life.
I calculated over 10 times but still failed to see how you came up to it, could you be too theoretical on this or, is my formlae wrong
The graph below shows someone who deposits 100,000 per month in a Unit trust giving him/her 11%. In 30 years that Money 300 Million. So if you are 25 years, and you start now, and consistently deposit 100K for 30 years by the time you are 55 years you will have over 300 million.
Thank you for this inspiring post! I’ve been an avid reader of your content, and I truly appreciate the knowledge you’ve shared—it has truly opened our eyes to so many opportunities.
That said, many of us still struggle with knowing how to get started. For instance, I’d like to begin investing, but I’m not sure where or how to start. Are there specific platforms or steps you’d recommend, especially for beginners?
Additionally, I often think about sustainability. For example, if I start by contributing 300,000 UGX each month, what happens if I lose my job as a contract employee and can no longer make regular contributions? How would this affect my investment or bond?
We’ve read and learned a lot from your posts, but now we need practical guidance on how to get started—especially on buying bonds, as there isn’t much accessible information out there. Your insights would be greatly appreciated!
Thanks for the insightful piece. I can ably say that " I was blind but now I can see" You have actually hit a swarm of bees and decisions and resolutions have been made to invest in money market funds (unit trusts) and treasury bonds. Where as unit trusts, the reinvestment is automatic, for the treasury bonds, I have to do bond laddering as to invest continuously.
As for the future generations, you have ably shared how I can invest on behalf of the children so as to leave a LEGACY.
Thanks for always coming out to inform generations.
As for employees who find supervision of personal projects challenging, this literature in a masterpiece.
I will be looking forward to attending one of the upcoming masterclasses on treasury bonds and money market funds so that I can get the numbers right.
Kudos!
Thank you Grace.
You have nailed it spot on. Many Ugandans unfortunately believe in "ego investing." They want a house, land, shop etc. tied to their names and that is what give them happiness. Many hardly think about "returns to capital." Ask any at random when they think that "ego thing" will break-even and they have no clue.
Bond investing is:
1. Entrepreneural in the sense that we who invest seek the high returns that no alternative can offer.
2. Patriotic since we are dealing with our country. How would a businessman shout "buy Uganda build Uganda" when s/he cannot facilitate the government to provide security and services needed to thrive his or her production.
3. Long term. Survival entrepreneurs seek quick returns. They are hardly sure of their enterprises living in the future. Bond gives us a 5, 10, 15, and 20 years outlook of undeterred returns.
4.Beating volatility in the market. The stable pay and cash over the long term actually instead of being called lazy gives me ample time, call it freedom, to do whatever I want without any headache of how I will earn to afford my humble lifestyle.
Like we discussed before let those who want to sweat blood to earn sweat. Let those seeking after their ego go. But all said and done, I have come to a simple conclusion that "financial wealth is not meant for everyone" and perhaps thatbie why it's pointed out that "the poor you will always have."
Thank you so much Mr Alex.
I've been greatly inspired by your insightful posts both here and on platform x. Your wisdom has had a profound impact on me. I'm now interested in opening a unit trust account, as I now believe it's a more suitable option for me than a traditional savings account, given my current residence and work in Abu Dhabi.
Could you kindly provide guidance on how to get started.
You can check out Xeno. It is regulated by the Capital Markets Authority too. The link is https://myxeno.com/
Thank you Enock.
I want UAP or ICEA
clientrelationsufs1@uap-group.com
That is the UAP email.
Go for UAP not ICEA. Actually, scroll through Alex’s old posts. He has not once, not twice, given us a dive of fund managers in Uganda and UAP tops the chart because most organizations do their pension schemes with them. Alex gave us statistics of different fund manager performances according to returns and according to AUM( assets under management).
I personally I’m making a year this January with Xeno Investments.
Be mindful that unit trusts are not taxed. You’ll only lose a 2% fee as management fee annually if you invest with UAP, and with Xeno, you won’t withdraw your funds below 10k. That 10k shall always remain in the account. I do believe that is their one time management fee throughout your time whilst using them (unless I am wrong).
Thank you so much Alex for the continual assurances and knowledge you so passionately indulge unto us. You have a following of listeners, me included, that have revised their entire investment and growth plans in line with the advice you share with us.
We appreciate you.
I would like a much more clear and concise narrative on Unit Trusts VS Bonds. Coz you surely make a case for bonds so much, and I have my money in unit trusts, and would like to have clarity on what I need to know to make a switch if I was already too comfortable with what the trust was offering me.
Unit trusts offer lower returns because of fund manager fees but allow better access to your funds, turn around is about 24hrs. Top ups are more flexible than monthly primary bond auctions and more. You basically earn less because you are paying a fund manager 2% to do the bond investing for you
Haha, so one could safely say, ‘the lazier batch’ among the ‘lazy bond investors’ are the ones that latch onto unit trusts?
Other investing - not lazy
Real estate - lazy
Bonds - lazier
Unit trusts - laziest
?????
You could say that. Have both bonds and unit trusts. Bonds is for money you are not going to need and unit trusts for money you might need to use in the near future
Thank you for that clarity 👍🏽👍🏽
By investing in unit trusts you are indirectly investing in government securities because those licensed companies do it on your behalf and charge you up to say 2% in management fees.
By investing directly you will be in charge, full throttle.
After educating yourself, it will be time to ACT depending on the risk appetite or thick skin you would have acquired.
I wish you the very best on your investment journey.
Mr. Kaganzi, scroll through Alex’s old posts. You shall find more than one post giving a deeper dive in Units vs Bonds. You shall also find insightful posts giving deeper understanding of Bonds Vs Unit Trusts Vs Real Estate.
Just take your time and scroll through his old posts.
Wakika okikubye luno. Worth the read or listen. Thank you
Thank you sebbo.
The best motivation for saving and investment is broke old people. I do not want to be worth nothing in 2050. I will be 55 in 2050. I know many 50+ year olds with nothing to their name. Even if they had opted to invest 50k per month in bonds over the last 25 years, they would at least have 100m to their name in 2025. They have nothing. Even if inflation had eroded that 100m and it is only worth 40m. they would still be worth 40m but they are worth nothing. Some of them were high income earners, others had successful businesses at some point but they are worth nothing today. Better something than nothing. I have grandparents in their 70s today, they no longer spend on school fees or rent or big family food but their healthcare bills are 30m+ a year. If they had parked 100m when they are 50 years old 25 years ago. The return on that would grow to 2B+ today, enough capital to create a 14m per month passive income to cater to their elderly costs. But rather, they are selling off their land to fund expensive medical bills and relying on well wishers and extended family fundraising to hold onto dear life.
hi Alex, new follower here
I have been trying to make sense of this figure
I calculated over 10 times but still failed to see how you came up to it, could you be too theoretical on this or, is my formlae wrong
The graph below shows someone who deposits 100,000 per month in a Unit trust giving him/her 11%. In 30 years that Money 300 Million. So if you are 25 years, and you start now, and consistently deposit 100K for 30 years by the time you are 55 years you will have over 300 million.
my final value is not over 300m
Thank you for this inspiring post! I’ve been an avid reader of your content, and I truly appreciate the knowledge you’ve shared—it has truly opened our eyes to so many opportunities.
That said, many of us still struggle with knowing how to get started. For instance, I’d like to begin investing, but I’m not sure where or how to start. Are there specific platforms or steps you’d recommend, especially for beginners?
Additionally, I often think about sustainability. For example, if I start by contributing 300,000 UGX each month, what happens if I lose my job as a contract employee and can no longer make regular contributions? How would this affect my investment or bond?
We’ve read and learned a lot from your posts, but now we need practical guidance on how to get started—especially on buying bonds, as there isn’t much accessible information out there. Your insights would be greatly appreciated!
This is so informative 👏 still learning about the process..thanks for the information