jerry wrote:In as much as politicks! affects stocks in a BIG way, I don't think it's fair to discuss too much of it on this thread.
Agreed. Politics is however an issue that must be discussed because it is the biggest risk to every investor's portfolio in 2013. As long as the discussions are mature, unemotional, relevant to investments and unbiased, i dont see why we shouldn't discuss.
The scenarios are:
- Either the elections will be peacefull or not.
- Either there will be a winner in the first round or there will be a runoff.
- The elections will be won by Cord, Jubilee, eagle, pambazuko, UDF or Narc Kenya.
- If jubilee wins, either Kenya will face political and economic ostracisation or sanctions by the international community or not.
- If CORD wins, either there will be peaceful handover of power or not.
- Either there will be peace or not after elections.
- Either the economy and capital markets will respond to the political risk or not.
Ladies and gentlemen are the above issues not worth of discussion on an investment thread?
Personally i would like to know the best way of buying foreign currency. Should i buy real hard currency or derivatives.
Barclays was introducing currency derivatives at some point in 2010. Was it successful?
Who else sells currency derivatives in Kenya?Life is short. Live passionately.