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To buy stocks or a plot...advice
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josimar
#1 Posted : Tuesday, November 13, 2012 4:18:59 PM
Rank: Member

Joined: 7/6/2010
Posts: 242

What would You advice a friend at the diaspora who has 400k at His disposal, should He invest in stocks - KCB / DTB / TPS SERENA / EABL or rather top His money to 500k and buy a plot in kitengela or Isinya ,ideas please !
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Mukiri
#2 Posted : Tuesday, November 13, 2012 4:23:24 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
Plot!

Never have I lost a dime on land. My losses in stocks have been recuperated by gains in land.

But if you meet those unscrupulous land conmen, 'your friend' might murder someone!

Proverbs 19:21
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murchr
#3 Posted : Tuesday, November 13, 2012 4:29:55 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Plot anytime, I think stocks have now reached some saturation i dont see any other 10+ points on any counter. But time will tell
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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guru267
#4 Posted : Tuesday, November 13, 2012 4:29:56 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Buy KCB and hold for 5 years.. You will make more here than any plot will give you!


Mark 12:29
Deuteronomy 4:16
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wilyum
#5 Posted : Tuesday, November 13, 2012 4:31:19 PM
Rank: Veteran

Joined: 12/21/2011
Posts: 1,010
Quote:
Buy KCB and hold for 5 years.. You will make more here than any plot will give you!

@guru267,is this a kcb buy tym?
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ChessMaster
#6 Posted : Tuesday, November 13, 2012 4:42:34 PM
Rank: Elder

Joined: 2/23/2009
Posts: 1,626
How about a book on investments?
Uncertainty is certain.Let go
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josimar
#7 Posted : Tuesday, November 13, 2012 4:48:37 PM
Rank: Member

Joined: 7/6/2010
Posts: 242
@ Chessmaster , what do You mean what about a book on investments ?
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ChessMaster
#8 Posted : Tuesday, November 13, 2012 4:53:10 PM
Rank: Elder

Joined: 2/23/2009
Posts: 1,626
I have nothing against wazuans and the advice they give but if you have money to invest and no knowledge of investments,isn't it better to first invest in knowledge than risk losing money?
Uncertainty is certain.Let go
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guru267
#9 Posted : Tuesday, November 13, 2012 4:55:58 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
wilyum wrote:
Quote:
Buy KCB and hold for 5 years.. You will make more here than any plot will give you!

@guru267,is this a kcb buy tym?


If you are holding for 5years... YES!!

Mark 12:29
Deuteronomy 4:16
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poundfoolish
#10 Posted : Wednesday, November 14, 2012 4:22:29 AM
Rank: Elder

Joined: 12/2/2009
Posts: 2,458
Location: Nairobi
guru267 wrote:
wilyum wrote:
Quote:
Buy KCB and hold for 5 years.. You will make more here than any plot will give you!

@guru267,is this a kcb buy tym?


If you are holding for 5years... YES!!



How has simba performed last 5 years? I remember 'Rich.com' advising me to buy for the longterm. that was 5 years ago.
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