S.Mutaga III wrote:It is the end of the year 2012 and a good time to analyze progress since jan 1.By what percentage has your portfolio grown?...what do you plan to do with the laggards and the stars?Personally,I have grown my portfolio by 50% reinvesting dividends and also capital gains.This may not sound much,but at the age of 21,I am a happy man.Happy 2013 wazuans
Congrats @Mutaga, good strategy at 21. At 21 i was at KU and NSE those days was a no go zone with 100% paper share certificates.
In 2012 my unquoted stocks and land purchases dominated proceedings and account for 70% of my holdings up from 20%. Not much activity on listed stocks.... i followed @stocksmaster strategy and i perfomed better than the market. The monkey in terms of capital gains is WTK but the dividend was too good i had to take a holiday. Land purchases was by loan (debt)secured by Sacco deposits.
The only other thing worthy talking about is opening a € account with BOA to receive billings from my consultancy services in that currency. It is the best decision i ever made....if the shilling weakens i benefit.
In 2013.... I want to purchase treasury bonds. I have not done it before but i will try.
On NSE listed stocks, my hero @stocksmaster has not said much so i will hold on what i have and add on Equity bank and NMG (for the Mwangi and Aga khan factor).
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison