Cde Monomotapa wrote:@young we seek peace of mind.
In any african market (except RSA) 18 months or a year prior to elections when the index is high
Either Sell Off to re-position after the election
OR
Prepare ahead to buy low some months to the elections when things are uncertain.
This is the best antinode for peace of mind.
In essence be prepared for the worse before general elections.
My choice as a long termer is always to accumulate more at a lower price. I am preparing towards that for Kenya bourse.
In Nigeria we say no shaking, I have experienced that several times in different markets (Ghana, Botswana. Nigeria). Money I injected in post election Ghana GCB (Ghana Commercial Bank) yielded 120% after a year. GCB is Ghana equivalent of Kenya's KCB.
It is just one of the
young old tricks
as my tarket has always been to buy the selected blue chips towards the bottom for optimum returns.
I can still remember how I bought post 2008 Kenya election ARM at 60 Bob, KCB at 16.50 Bob, EABL at 119 bob etc etc.
.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .