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High average prices
hello
#1 Posted : Wednesday, March 09, 2011 11:15:55 AM
Rank: Member


Joined: 6/11/2008
Posts: 257
Hi Experts.

As of today my average prices are as follows.

1. EABL 203
2. JUBILEE 198
3. KQ 44.4
4. KPLC 24.5
5. KENOL 11

I am not able to decide, "Should i start buying more shares (same counters) now or later to bring my average prices down?

I can still hold same counters for more then 1 / 2 year(s).

Please advise what should i do?
I want to be a millionaire.
The Merchant
#2 Posted : Wednesday, March 09, 2011 12:13:01 PM
Rank: Veteran


Joined: 5/24/2010
Posts: 846
Location: KENYA
Wait for the slide to go on a while longer (maybe until a resolution happens in Libya) then buy the same stocks all over again. Throw in some KCB & NIC for dividends and bonus shares to spice up your returns.
Cde Monomotapa
#3 Posted : Wednesday, March 09, 2011 6:47:16 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
If the NSE allowed short-selling you'd be smiling..tihihi..but do average down n add lots of KCB before ex-div.also pray everyday for good rains this season.
hello
#4 Posted : Thursday, March 10, 2011 10:45:28 AM
Rank: Member


Joined: 6/11/2008
Posts: 257
Cde Monomotapa wrote:
If the NSE allowed short-selling you'd be smiling..tihihi..but do average down n add lots of KCB before ex-div.also pray everyday for good rains this season.



I m thinking.....i should start buying slowly slowly.

And i will start it from next week. I don't want to sit on my cash.
I want to be a millionaire.
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