I was desperate and sold some shares at a loss and got a 2% loss. Best advice is never sell any share at a loss.

mine was cables. I bought 500 shares at 170 (before the split) and when the price went up to 600 I bought another 500 shares hoping to sell all post split at shs 100. this did not happen. I watched my profit disintegrate until the share hit shs 45 and I bolted. Lesson no. 1 was never follow up on another buy once the share has gone up too far from the initial buy price,it only pushes up your average buying price. Lesson no. 2 was dont be too greedy ( I had a perfect oppotunity to sell at 80shs) and no. 3 was avoid being emotionally attached to a share.

Bought 5,000 Kenya Finance shares when the price dropped from 18 to 12. But the bigger mistake was to convince two of my friends to invest in the same stock. Less than a year later,the bank collapsed!

My friends still remained,one eventually agreed to marry me!

@ KulaRaha

I know a guy who was talked out of buying into KenGen IPO by a 'Financial Adviser'. He was told to put the money into Uchumi. And he did - ouch!!!!!!

About mid last year boarded EB bus at Kshs 90 (bought a 1000 shares). Immediately I alighted at Kshs 100,the bus took off (nay,it flew). Another mistake was to purchase a 1000 shares of KQ at Kshs 80 around the same time. This bus as we all know has been having a lot of mechanical problems. I'm still in it,hoping that somehow,someday,it will take off!

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