guru267 wrote:JBauer wrote:If you were given Sh.1000000 to invest in stocks and sell once there is a small margin, maybe from Sh.2 to Sh.4 onwards. Which counter would you buy and why?
@JBauer you could try getting into BAT at 550 and selling at 552 or 554... That would be perfect for an investor like you!!!
For once @guru267 seems to be kidding with a soon to be newbie!. @JBauer; Calculate your gains/losses in percentages. Sell or buy orders attractive 2.1% (1.82% for sums of more than 100k) on both sides. Don't forget 2/= stamp duty for every 10k worth of order. Transanction fees, EFT, MPESA,Phone calls , email/SMSs, RTGS... Go for the PAKA!!!
The opposite of courage is not cowardice, it's conformity.