Buying Land is a BAD Idea. Do This Instead!

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  • เผยแพร่เมื่อ 8 ม.ค. 2025

ความคิดเห็น • 363

  • @DrDanielMasaba
    @DrDanielMasaba  10 หลายเดือนก่อน +58

    I truly believe buying land as your first investment is a Terrible Idea. What do you think? Leave your thoughts in the comment section below

    • @kawastevenhope3303
      @kawastevenhope3303 10 หลายเดือนก่อน +11

      I like the specification on 'first investment'

    • @GoldfarmUg
      @GoldfarmUg 10 หลายเดือนก่อน +15

      I my self am a living example, I'm doing a watchman job in the UAE at the beginning of 2023 i purchased a piece of land worth $ 4000 it's now 1 year down on the road. I'm not earning from it yet for the business in 1yr i can be able to expand, So land as the first investment can really stop 🛑 your Cashflow.
      Dr.Daniel having you will make me succeed and reach my goals.

    • @_weez101_
      @_weez101_ 9 หลายเดือนก่อน +5

      @@GoldfarmUgGod bless you

    • @TanyaandTicha
      @TanyaandTicha 9 หลายเดือนก่อน +2

      I want to buy it for farming as my first business

    • @Christianlifestylestudio
      @Christianlifestylestudio 9 หลายเดือนก่อน +4

      My comments is that you make no sense

  • @ronniewamala5768
    @ronniewamala5768 10 หลายเดือนก่อน +120

    Land is a safe investment, having your own land gives you the freedom to build permanent structures which help you utilize the space and earn more.

    • @aggreypayo5440
      @aggreypayo5440 8 หลายเดือนก่อน +3

      I know a lot of poor people that own land in the city center,since it’s a safe investment do that

    • @ronniewamala5768
      @ronniewamala5768 8 หลายเดือนก่อน

      @@aggreypayo5440 Land in the city is worth fortunes, some people keep land to pass it onto their kids, people have different goals in life, not everyone is obsessed with money but to each his own, i also know people who tried businesses and ended up with nothing, everything collapsed.

    • @ronniewamala5768
      @ronniewamala5768 8 หลายเดือนก่อน

      ​@@aggreypayo5440To each his own, everyone has different goals in life, i also know people who tried businesses and lost it all, Land in the city is worth fortunes.

    • @ronniewamala5768
      @ronniewamala5768 8 หลายเดือนก่อน

      @@aggreypayo5440 To each his own, everyone has different goals in life.

    • @ronniewamala5768
      @ronniewamala5768 8 หลายเดือนก่อน

      @@aggreypayo5440We all have different goals in life.

  • @amollosarah237
    @amollosarah237 10 หลายเดือนก่อน +45

    This man is very humble,i met him in tororo and stopped him to appreciate him,i was so happy to meet and greet my online teacher 😂

    • @VELOCITYFarms
      @VELOCITYFarms 9 หลายเดือนก่อน +1

      Is he from Tororo

    • @amollosarah237
      @amollosarah237 8 หลายเดือนก่อน +2

      No, from mbale

  • @NoFaceJourneys
    @NoFaceJourneys 10 หลายเดือนก่อน +53

    Remember you started farming on
    your father's land,you never
    rented....
    Me i first bought 1 acre,utilized it optimamly,the profits i got from my acre helped me buy another land from my desirable place

    • @latelateshow.5523
      @latelateshow.5523 9 หลายเดือนก่อน +2

      Which project did u do on that land.. and after how long did u accumulate the money to buy another piece

    • @NoFaceJourneys
      @NoFaceJourneys 9 หลายเดือนก่อน

      @@latelateshow.5523 I did poultry(layers) and piggery full time.I first earned from selling piglets (NB:I started with 20 pigs inclusive 5 males,310 layers),later on I started selling eggs.All this happened within 1 year 8 months

    • @spread-love533
      @spread-love533 8 หลายเดือนก่อน +4

      this man started business but he didnt buy land not because he already had his farthers land the point is he started abusiness to generate income thus he can be able buy land any time ihave seen very many people who regreat of buying land first 😊their frienfs who start their business are much far better some one who has business can grow faster than one who bought land as an investment bampita ashro sitya loss

    • @DivinBarutwanayo-pz5ko
      @DivinBarutwanayo-pz5ko 2 หลายเดือนก่อน

      Can someone give me Dr Daniel Masaba WhatsApp contact number please?

  • @shishrembo5251
    @shishrembo5251 10 หลายเดือนก่อน +24

    watching this while waiting for my title deed in tbe office😂😂..but i have to do so since i want my own home

  • @wasswavincent9943
    @wasswavincent9943 9 หลายเดือนก่อน +7

    Thanks Dr Masaba you're one in a million

  • @mathewdauda6615
    @mathewdauda6615 10 หลายเดือนก่อน +31

    You think deep economically and you're not stingy with your knowledge. May God bless your kind heart.

  • @brianmwiinga8166
    @brianmwiinga8166 10 หลายเดือนก่อน +83

    Guys, buy land.

    • @kingsleyfred3487
      @kingsleyfred3487 9 หลายเดือนก่อน +1

      😂😂😂😂😂😂

    • @chabridgettumusiime8994
      @chabridgettumusiime8994 5 หลายเดือนก่อน +2

      @@brianmwiinga8166 I totally agree Land is a very valuable asset in UGANDA and Africa 🌍

  • @AboveandBeyondAviation1
    @AboveandBeyondAviation1 10 หลายเดือนก่อน +7

    Great insights..I wish I knew this earlier. I feel I made a mistake in buying land first, but it's a mistake I won't repeat.

    • @DrDanielMasaba
      @DrDanielMasaba  10 หลายเดือนก่อน +2

      Well, each day is a learning day

  • @IwellBanda-b9v
    @IwellBanda-b9v 10 หลายเดือนก่อน +11

    That's your opinion I respect it but as it stands in Africa Land is a must have whether domant nor developed I salute

    • @BM7-j7m
      @BM7-j7m 10 หลายเดือนก่อน +2

      Living in Africa without land is useless life.

    • @daviesmwape3645
      @daviesmwape3645 2 วันที่ผ่านมา

      I agree with you, circumstances differ my goal is to buy at least 10 plots before I start developing , I have bought 3 already and I bought a 50acres farm which am developing slowly. If I buy 10 plots the idea is to sell some after some time and top up to develop the remaining ones.

  • @Mashashulaforlife
    @Mashashulaforlife 10 หลายเดือนก่อน +12

    What you're saying makes sense. My question is about developing land you are renting. How do you drill borehole, build structures on someone else's land, but those things are essential for the business to function. What happens when you eventually have to leave.

    • @DrDanielMasaba
      @DrDanielMasaba  10 หลายเดือนก่อน +6

      If you look hard enough, it's possible to find people with literally all the facilities you need but are not using the place. Maybe due to cash issues. They are usually willing to let u rent it for a while.

    • @jamesmutamba9553
      @jamesmutamba9553 10 หลายเดือนก่อน +3

      Yo cash inflow will pay all yo development expenditures in short time.

    • @OmidijiOdunayo
      @OmidijiOdunayo 8 หลายเดือนก่อน +1

      @ Not Logical At All.. Buy Your Land And Be Safe, Paying Rent Can Finished Little Money ​@@DrDanielMasaba

  • @samuelmugisha8632
    @samuelmugisha8632 6 หลายเดือนก่อน +6

    Land is a fixed asset that can be used as collateral security in acquiring a loan

  • @okothsimon306
    @okothsimon306 10 หลายเดือนก่อน +7

    in my life I had never got a real practical person like this Dr. LONG LIVE HEALTHLY DR.

  • @aSlimtube
    @aSlimtube 10 หลายเดือนก่อน +33

    Cash is always king. HOWEVER I moved money from my savings account earning pittance in a US bank and parked it in the purchase of an acre of land in Africa…close to the airport. Every time you blink its value goes up. Five years from now I doubt I will be able to afford the same acre of land unless I win the lottery!

    • @DrDanielMasaba
      @DrDanielMasaba  10 หลายเดือนก่อน +9

      Awesome. But your case if far from ideal. The fact that you could put money and are very comfortable waiting 5 years means that you had many options. It's different if this is the only money you have.

    • @dmb8623
      @dmb8623 10 หลายเดือนก่อน +2

      Correctly said,if you have extra bit of it then buy that land because you still have remaining money to cater or do business or cash flow stuff

    • @voicecommunities4810
      @voicecommunities4810 9 หลายเดือนก่อน +2

      Gold is always King (not cash)!

    • @nyikasplace9886
      @nyikasplace9886 6 หลายเดือนก่อน

      10000%

  • @just_russ4633
    @just_russ4633 7 หลายเดือนก่อน +2

    If you do not intend utilizing the land immediately then it can be a waste of money. Leasing land does not tie you up and you can have a return on investment in just a few months by growing a crop. I totally agree with you Dr.

    • @DrDanielMasaba
      @DrDanielMasaba  7 หลายเดือนก่อน +1

      Thank you for watching and your contribution ☺️

  • @josephinenakandi6331
    @josephinenakandi6331 9 หลายเดือนก่อน +6

    Wapi fine in one way or the other you are right but me in 2013 I bought 100 acres of land very cheap I planted a forest of eucalyptus I've been making money in the tress actually the money I used in buying I already got it in selling trees actually times 3 or 4. Now the land appreciated like 10times now. It depends anyway. Buying land is the most idea I have ever done one can't go wrong.

  • @NaibuMohamed
    @NaibuMohamed 10 หลายเดือนก่อน +4

    I've been watching you for almost two years now but never comment or write something ! Damn it's like you are talking to me. OMG . I'm in the USA for many years and I use my money anytime to buy land in Africa! And I'm here stressing about working overtime and paying bills . Yes my land in Africa can cost more than $90000 if I sell it. ..I ask myself questions after watching your video . Then why am I here when money is sitting somewhere doing nothing ! Thank you bro for this video .Happy Ramadan 🎇

    • @DrDanielMasaba
      @DrDanielMasaba  10 หลายเดือนก่อน +1

      Thank you. I love the illumination. At least there is something to ponder upon. Happy Ramathan to you too.

    • @NajjombweBernadette
      @NajjombweBernadette 5 หลายเดือนก่อน

      How are u

  • @ejaypumpkin
    @ejaypumpkin 9 หลายเดือนก่อน +2

    Dr. Masaba, you're a brilliant man that understands Business and Economics. I wish I knew you earlier in my life, I would have been rich by now. I still have hope of making it in life with your help. Thank you and may God continue to bless you.

    • @DrDanielMasaba
      @DrDanielMasaba  8 หลายเดือนก่อน

      You are very welcome and you will make it

  • @bs-malawi
    @bs-malawi 10 หลายเดือนก่อน +3

    This video must get 1M views

  • @alfredkingstone5581
    @alfredkingstone5581 4 หลายเดือนก่อน +1

    Thank yo Mr Daniel fo changing my mind now, better to invest in things gives you faster cash and build after than to use cash on things doesn't bring quick cash 😊

  • @michaelscampinternational4534
    @michaelscampinternational4534 7 หลายเดือนก่อน +5

    Refreshing. Thanks Sir!!!

  • @latelateshow.5523
    @latelateshow.5523 9 หลายเดือนก่อน +9

    Thats ur opinion..land is the best investment bro. 😮

  • @sihlemasondo2898
    @sihlemasondo2898 10 หลายเดือนก่อน +3

    True u have to be careful with land coz its not liquid it can be a liability instead of asset when it cums to land u need deep knowledge first and a solid plan

  • @BM7-j7m
    @BM7-j7m 10 หลายเดือนก่อน +10

    Nothing is guaranteed. Even life is a risk on its own. Choose what works for you and live life joyfully and peacefully. Not everyone is business oriented, others don't desire to acquire or amass wealth or riches in life. Just do what works for you as long as you are healthy.

  • @nyachougildas4863
    @nyachougildas4863 10 หลายเดือนก่อน +2

    Thanks dr Daniel for the knowledge dished out. God bless you

  • @CK-jo9im
    @CK-jo9im 10 หลายเดือนก่อน +4

    sometimes you can buy land because you want that land, without considering the 5 factors.

  • @LeteniPittard
    @LeteniPittard 7 หลายเดือนก่อน +1

    Thank you very much doctor for explaining about buying land and I am one of them who was trying to buy, but I understand very well and I now have to make money online first, wonderful advice, I love that, I Leteni Pittard connecting from PNG,

  • @akatwijukahillary7627
    @akatwijukahillary7627 10 หลายเดือนก่อน +15

    As long as land is not being used in production,it is called a dead asset

  • @macab345
    @macab345 10 หลายเดือนก่อน +3

    My small pottery farm is under construction on my own piece of land so I drill a bore hole because am far from water source around my area.

    • @macab345
      @macab345 10 หลายเดือนก่อน

      I wish I can start with 500 birds but am struggling 😅

    • @LiliansGardens
      @LiliansGardens 9 หลายเดือนก่อน +3

      ​@@macab345Don't start with 500 birds. 200 is a good number to start with then you will just need one employee who you can show the ropes to running the poultry your way.
      By the time the project is into it's second year you may then up to 500 birds,employ one or two more hands and make the initial employee a manager of some sort .
      If you're struggling to buy 500 birds it will be a shattering struggle if the birds start dying. 200 birds are easier to manage to get used to being a poultry farmer.

    • @macab345
      @macab345 9 หลายเดือนก่อน

      Thank you for your advice 💗

  • @betterwaysystems
    @betterwaysystems 10 หลายเดือนก่อน +3

    Hi Dan, am am early subscriber right from farm up,
    Big fan and practitioner along the lines of your content,
    The world should be proud of this value.
    Well am setting my self for content creation, I have deeply done some bulky research, but I just need to perfect mu editing skills just like you do...
    Any local relatable clues you can hit on around Kampala???
    Regardless... Big thanks doc.

    • @DrDanielMasaba
      @DrDanielMasaba  10 หลายเดือนก่อน

      Welcome aboard! Clues about what exactly?

  • @Sekurubilly
    @Sekurubilly 8 หลายเดือนก่อน +1

    Great video loaded with business consulting knowledge. All I thought was if you could change the title, so that it can flow with all the information we have learnt. EG Liquid Money/Cashflow better than Savings on Land

    • @mastermindlancelot9315
      @mastermindlancelot9315 8 หลายเดือนก่อน

      If it was like that I wouldn't have watched it. I was attracted by the "do not buy land" title and wanted to hear the why? A simple proposition but seems to oppose common sense and knowledge. That tempts people to watch it.

  • @danielrwodzi1628
    @danielrwodzi1628 3 หลายเดือนก่อน

    I agree with u on that buying land as a 1st investment is not a good idea at all because that money can start a business which can later by land without straining ur pocket

  • @_weez101_
    @_weez101_ 9 หลายเดือนก่อน +1

    I understand dr isn’t saying you shouldn’t get a land but he wants us to understand the opportunity and power of cash flow which I didn’t know before but I understand better now thanks you sir

  • @ubuntuafricanheritage
    @ubuntuafricanheritage 8 หลายเดือนก่อน

    Thank you Dr Daniel. I enjoy your contents and never miss one of its. Greetings from France. I hope I will meet you during my next journey in Uganda. God bless you.

  • @GoldfarmUg
    @GoldfarmUg 10 หลายเดือนก่อน +8

    I choose to fall under Dumb people such that i can make it to the top 🔝.
    Buying Land is the biggest Evil 😈 . Thanks Dr.Danile

    • @DrDanielMasaba
      @DrDanielMasaba  10 หลายเดือนก่อน +1

      Always so glad to have you❤

  • @Paul-lg4gg
    @Paul-lg4gg 3 หลายเดือนก่อน

    I love this man . Inspiring all of us.

  • @Lex-TG
    @Lex-TG 10 หลายเดือนก่อน +2

    Very true.
    I learned my lesson the hard way.

    • @DrDanielMasaba
      @DrDanielMasaba  10 หลายเดือนก่อน +1

      Well, at least it was a lesson

  • @ratkillermusic8482
    @ratkillermusic8482 8 หลายเดือนก่อน +2

    To me renting a land for farming business is big risk. that a farm must a void can you imagine you build all the things that is needed on that land.then the owner want his land what are you going to do with all the buildings?is better to buy you're on land no matter how it takes you will start your business without any problem

  • @augustinomarkmmbaga3170
    @augustinomarkmmbaga3170 9 หลายเดือนก่อน +2

    Some reacting emotionally and not reasonably. The talk does not say buying land is always a bad idea. But if that is your first money you get and you have no chances of getting money in the near future, starting a business on rented land or using your parent's land may be a good idea as to be assured of continued cash flow and later on you can keep on buying your own land. Buying land is almost always a good idea, but not always as the whole talk elaborates. Listen carefully from the beginning to the end .

  • @jamesmutamba9553
    @jamesmutamba9553 10 หลายเดือนก่อน +1

    The opportunity cost of buying land is cash flo forgone. Vice versa is true

  • @kevinmary7129
    @kevinmary7129 10 หลายเดือนก่อน +4

    You are not land or real Estate specialists. One man bought 100 acres for 50M for 5 years later the land was sold at 800M now tell me was that money sleeping or making money passively daily in 5 years

    • @wizaseneadzaseneadza5600
      @wizaseneadzaseneadza5600 9 หลายเดือนก่อน

      I think you didn't understand his video. He's not saying don't buy land. He's saying we should consider certain factors before we do cause not all pieces of land will bring you money and that some will have to grow their money before buying land.
      I've seen people who bought land and then sold it but still ended up broke in their old age.
      In short, don't just wake up and buy land cause everyone is saying buy land.

    • @Easyyum
      @Easyyum 7 หลายเดือนก่อน

      Who is this one man? I doubt this story is true.

  • @philiamamayo3039
    @philiamamayo3039 9 หลายเดือนก่อน

    Every one has a different success story this is one of them to inspire others to not give up...thanks

  • @martinissac4663
    @martinissac4663 9 หลายเดือนก่อน

    No comment. Thank you Dr. Daniel.

  • @kobusingyemiria828
    @kobusingyemiria828 7 หลายเดือนก่อน +1

    I needed to hear this,thank you

  • @jamesraphael8473
    @jamesraphael8473 10 หลายเดือนก่อน +2

    Hi Dr. Daniel, what about the big farm? You've not made any video of it lately

    • @DrDanielMasaba
      @DrDanielMasaba  10 หลายเดือนก่อน +1

      Oh yes. But I'll soon make some

  • @dmb8623
    @dmb8623 10 หลายเดือนก่อน +2

    It exactly happened to me sometime back. I poured all my hard earned saved money into plots of land then after a little while I ran short of cash to solve a few major setbacks which proped up. I learned a hard lesson. Not to pour all but a little bit then stay with some bit of cash saved because cash is the king,it solves almost all issues coming up in life.

    • @DrDanielMasaba
      @DrDanielMasaba  10 หลายเดือนก่อน

      True. Cash is king. If you are disciplined with it, you'll go places

    • @ssebayizziEmmanuel
      @ssebayizziEmmanuel 9 หลายเดือนก่อน

      good lesson learnt and applies to everything always have a surplus

    • @alfredkingstone5581
      @alfredkingstone5581 4 หลายเดือนก่อน

      True ❤

  • @ronaldtubandeba8664
    @ronaldtubandeba8664 8 หลายเดือนก่อน

    Correct and makes sense ,thanks Dr. Daniel

  • @MuzeyiCharles
    @MuzeyiCharles 10 หลายเดือนก่อน +1

    A lot of rare circumstances, this left me confused

  • @patrickkariuki3284
    @patrickkariuki3284 7 หลายเดือนก่อน

    This is pure truth, buying land depends on what you want to do with it. Those who buy land and leave it idle that's a dead capital. Nowadays this life need cash flow to grow and multiply your money. Have made a mistake as well investing on land, the money i spend on the land if I had invested on bonds would have doubled the amount in four years. The land haven't appreciate doubled of the amount i paid for it.

    • @EMMYHOMESREALTY
      @EMMYHOMESREALTY 7 หลายเดือนก่อน +1

      you did not buy in a prime or strategic location

  • @ThomasBwayo
    @ThomasBwayo 6 หลายเดือนก่อน

    I really see the point in what you are saying,thank you.

  • @namyenyaritah1201
    @namyenyaritah1201 10 หลายเดือนก่อน +1

    Great Mr. Masaba ❤❤

  • @BalungiShukran
    @BalungiShukran 10 หลายเดือนก่อน +1

    But Doc ..... this information is of much help, right now i can get to decide on what i will do when the right time comes.
    But tell me who edits these videos of yours. I think they are awesome very communicative from my video editing small skills that i know

  • @martinkumimanu7013
    @martinkumimanu7013 5 หลายเดือนก่อน

    You said your father had land. It is sometimes risky because some land owners might give you the opportunity to extend the lease agreement. It works either ways.

  • @muyosuccesssecrets
    @muyosuccesssecrets 10 หลายเดือนก่อน +3

    How are you Danniel, I'm running a shop in Kenya, would you please help me know the way to make it a bigger company. Thanks

    • @DrDanielMasaba
      @DrDanielMasaba  10 หลายเดือนก่อน

      What does the shop sell?

  • @iyamitaijohnmike3446
    @iyamitaijohnmike3446 10 หลายเดือนก่อน

    Thanks for the powerful advise

  • @OmidijiOdunayo
    @OmidijiOdunayo 8 หลายเดือนก่อน +1

    @ Buy Land If You Can Afford To Buy It, Renting Land Is Dangerous.... Especially In Cities

  • @successsolution2848
    @successsolution2848 6 หลายเดือนก่อน

    You've given me a couple of good insights

  • @alicemusubika8996
    @alicemusubika8996 7 หลายเดือนก่อน +2

    Imagine paying a loan on idle land..not me

  • @StockerMalimwe
    @StockerMalimwe 10 หลายเดือนก่อน

    Good advisor sir many people never knows

  • @JameoNabagereka
    @JameoNabagereka 8 หลายเดือนก่อน

    Well explained I was confused of the way am thinking

  • @kindhrtdiscoveries4581
    @kindhrtdiscoveries4581 10 หลายเดือนก่อน +3

    That's your unique case cause you had a trustworthy relative plus one thing you keep off your discourse is that you have a filthy rich business partner. That doesn't however mean you don't have great practical points!

    • @DrDanielMasaba
      @DrDanielMasaba  10 หลายเดือนก่อน +1

      All cases are ideally unique. None is the same. But it's about the underlying principles, not the specificities

  • @chisomanioma4418
    @chisomanioma4418 7 หลายเดือนก่อน

    I prefer to rent farm at first, make more money then buy land for an expansion. Thank you Dr Daniel

  • @justafriend3408
    @justafriend3408 10 หลายเดือนก่อน +1

    There is something spirtually wrong about buying land. We must avoid investing too much of energies into any one thing. You loose balance in life. When you buy land it will take a lot of your attention that you could have used for other things. Land can even cause a lot conflicts in the family after you are gone.

  • @ubahaugustine5659
    @ubahaugustine5659 6 หลายเดือนก่อน

    I do not use salary to pay down my landed property... Interst made from business on monthlies is used

  • @kashariorchardfarm4269
    @kashariorchardfarm4269 7 หลายเดือนก่อน

    I hate to admit it but you're right. Buying land depends on individual circumstances. As a start up or someone with limited capital, then land is not for u

  • @maneno_kairuki
    @maneno_kairuki 4 หลายเดือนก่อน

    Very informative

  • @namaraaisha3671
    @namaraaisha3671 10 หลายเดือนก่อน +1

    If u are in Uganda or Africa
    Please buy land
    I repeat buy land
    Otherwise we appreciate you Dr

  • @mutungifrancis3385
    @mutungifrancis3385 10 หลายเดือนก่อน

    Great idea is here
    Thank you mr Dan

  • @andrewkizito6892
    @andrewkizito6892 10 หลายเดือนก่อน +1

    Thanks for sharing

    • @DrDanielMasaba
      @DrDanielMasaba  10 หลายเดือนก่อน

      A pleasure

    • @nyikasplace9886
      @nyikasplace9886 7 หลายเดือนก่อน

      ​@@DrDanielMasabayou are WRONG

  • @multiskillsproductioncente9668
    @multiskillsproductioncente9668 8 หลายเดือนก่อน

    This applies to the youths with little to buy and develope the land immediatelly

  • @Phjghh
    @Phjghh 7 หลายเดือนก่อน

    Seeing the thumbnail, i thought why you are talking about land in bonsai related video.😂

  • @YamYam-jl1zn
    @YamYam-jl1zn 5 หลายเดือนก่อน +2

    Bank and money can vanish anytime, but land will be around forever. Are you ok?

  • @FaithJoel-bf2gi
    @FaithJoel-bf2gi 9 หลายเดือนก่อน

    Thank you, Dr. For the brilliant idea.
    Having got that information. Can l invest now without having business.

  • @khumbomagaleta3148
    @khumbomagaleta3148 4 หลายเดือนก่อน +1

    Buy land and plant trees for timber in 7 or 10 years you'll be a millionaire

  • @JackENJill2000
    @JackENJill2000 9 หลายเดือนก่อน

    Doctor Thax for the presentation kindly recommend me to where I can buy F1 kroilers breed

  • @victorliyosi8023
    @victorliyosi8023 10 หลายเดือนก่อน +2

    Hello sir I have a question.How did you manage to save your first capital.Through the bank ,sacco or fixed deposits or cash am finding it hard to save little by little,I would like to follow through your footsteps.kindly.Am your addent fan from Kenya I have more than 100videos especially from this channel and farm up.

    • @DrDanielMasaba
      @DrDanielMasaba  10 หลายเดือนก่อน +2

      I was earning a salary. I'd just leave it on my salary account. Discipline

    • @kawastevenhope3303
      @kawastevenhope3303 10 หลายเดือนก่อน +1

      Dr Daniel,I'm saving thru a bank account, but I heard a Money market fund will yield more on savings,but I'm an amateur, what's your take? Thank you.

  • @mordecaimanda3263
    @mordecaimanda3263 6 หลายเดือนก่อน

    Always buy land and start using it immediately. Currently am buying 3 pieces of land an am planting yams, vegetables, fruits and Maize on every piece. Of course it's to do with the country you are in. I don't regret buying pieces of land. In addition it gives me back in not more than 3 years depending on size

  • @win-winsuccesstv9215
    @win-winsuccesstv9215 10 หลายเดือนก่อน

    This is very true Dr

  • @okunlolaabolarinwa6039
    @okunlolaabolarinwa6039 9 หลายเดือนก่อน

    Actually if you want to go into farming you can lease instead of buying because you May not be able to afford acres of you need.

    • @DrDanielMasaba
      @DrDanielMasaba  9 หลายเดือนก่อน

      That is an awesome idea

    • @henrynjovu9147
      @henrynjovu9147 8 หลายเดือนก่อน +2

      This is context-dependent. If you want to farm short-term crops and when the price to buy land is too high to buy. But if you are farming long-term crops and if the price is $100 per acre, I would rather buy and own it to avoid future conflicts.

  • @chabridgettumusiime8994
    @chabridgettumusiime8994 7 หลายเดือนก่อน +4

    It's your opinion. Because you were blessed to have a father who already had hectares of the land you use to do your farming. So why advise the public not 🚫 to buy Land. I think it's selfish honestly speaking 🗣️

    • @DrDanielMasaba
      @DrDanielMasaba  7 หลายเดือนก่อน +2

      It's clear you didn't understand the video!!

    • @chabridgettumusiime8994
      @chabridgettumusiime8994 5 หลายเดือนก่อน

      @@DrDanielMasaba as a Fellow UGANDAN in this kind of Economic situation, yes ! Because if your father had not bought his land earlier am sure you would still be in Mulago of Mengo or Nakasero Hospital treating patients. Thank you Father for buying enough Land for you to enjoy wealth creation.

    • @SundayNwogbo-wy8iy
      @SundayNwogbo-wy8iy 4 หลายเดือนก่อน

      ​@DrDanielMasaba obviously he didn't understand the video.
      I look forward to seeing more of your contents .
      From Nigeria.

  • @judeecebu3624
    @judeecebu3624 9 หลายเดือนก่อน

    Land and a family home is that security that I need so that my wife can allow me invest (risk). Land is the buy in.

  • @ssebayizziEmmanuel
    @ssebayizziEmmanuel 9 หลายเดือนก่อน

    with land u can never go wrong cause any business needs land to be set-up including farming. so there's no way that land is a bad idea ,that mentatlity has left many to die in rentals all their life cause they do n't have space to build on a business

  • @Backyard_Farm
    @Backyard_Farm 10 หลายเดือนก่อน

    Very informative

  • @NankyaFaith-yf4so
    @NankyaFaith-yf4so 7 หลายเดือนก่อน

    Thanks for good advice

  • @MukhwanaRose
    @MukhwanaRose 2 หลายเดือนก่อน

    I need this before reaching there, yeah

  • @blessingskamanga572
    @blessingskamanga572 6 หลายเดือนก่อน

    Educative ❤

  • @nasifssemugenze1139
    @nasifssemugenze1139 9 หลายเดือนก่อน +1

    I agree 💯.

  • @OGENRWOTHBRIAN
    @OGENRWOTHBRIAN 5 หลายเดือนก่อน

    Thanks for sharing

  • @69s46s
    @69s46s 8 หลายเดือนก่อน

    I thought you could only expand your farming business with more land

  • @mercymerciful2157
    @mercymerciful2157 8 หลายเดือนก่อน

    Am here to learn 😊

  • @JohnKibalama-qe1jf
    @JohnKibalama-qe1jf 7 หลายเดือนก่อน

    Kindly give us the better alternative to land rather than the disadvantages of buying land

    • @DrDanielMasaba
      @DrDanielMasaba  7 หลายเดือนก่อน

      Hello Abbey...if you do watch the video attentively to the end, you'll notice I gave the alternatives in there

    • @alfredkingstone5581
      @alfredkingstone5581 4 หลายเดือนก่อน

      Investment in business

  • @Adu-Twum
    @Adu-Twum 6 หลายเดือนก่อน

    I know at the end of the day, he will say buy land, after years of research I did: I conclude that land, bitcoin and resourceful company share is another way of deflation
    Do not buy an asset with your pressure money if you are thinking of long term

  • @BarbieBillie101
    @BarbieBillie101 5 หลายเดือนก่อน +1

    This is a wonderful information I totally understand everything 😊thank you so much sir

  • @alexolabode7557
    @alexolabode7557 10 หลายเดือนก่อน +3

    In as much as you have a point same you dont look at it in from a long term investment level. Is it investment wise to take loan to buy land? Noooo!!! So ur heading really doesn't match all you saying. If you working getting salary it is wise to save to buy land. U talking about development, wil u buy land in an underdeveloped area and not farm on same land? Pple can buy lane even in develop area while still working and lease or rent it out to earn rental passive income. Once a strategy works for you doesn't mean that is d best strategy to generalised. We have pple who take loan with interest from bank to buy land n engaged in land flipping, buy and resell and they make fortunes out of it without owing the bank a dine, will those pple now come out and say taking loan from bank to buy land is the best?? Same Noooo!!! Everything is about individual passion and knowkege acquired to strategized!! Like me if i get loan from a bank i know land to buy to make good returns n pay bank back but not everyone can cos i have my own link of client already..We shld teach pple how to maximize and not handly all topic about finance..You into farming biz better you stick to that n enlightened people how they can make use of that one plot laying idle or the space left on a plot after building a house on it. I love your channel but we need learn from one another..Great job

    • @DrDanielMasaba
      @DrDanielMasaba  10 หลายเดือนก่อน

      Reading this, you've just echoed what I said in the video. Awesome 👌🏽

  • @mugimbajoel
    @mugimbajoel 10 หลายเดือนก่อน +1

    Great idea, big up dr Daniel

  • @cephasappiah
    @cephasappiah 10 หลายเดือนก่อน +2

    This is very insightful🙏🏾

  • @MAKINDEOPEYEMIOLAMIDE
    @MAKINDEOPEYEMIOLAMIDE 6 หลายเดือนก่อน

    Good exposure

  • @justinmagotti
    @justinmagotti 5 หลายเดือนก่อน

    Well I am taking your advice with a pinch of salt..if you think of long term investment..Land is one of the best investments ever..whatever the scenario land will always appreciate in value

  • @JosephatOyirwoth
    @JosephatOyirwoth 5 หลายเดือนก่อน

    Why many businesses fail after 5years

  • @victormarume990
    @victormarume990 9 หลายเดือนก่อน +1

    Everywhere you go people are scrambling for land & here you are telling the world buying land is bad ...really