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VituVingiSana		#31 Posted : Monday, February 03, 2014 2:00:51 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,356 Location: Nairobi		Horton wrote: mnandii wrote: VituVingiSana wrote: I hope to collect some shares if the prices continue dropping We are in a depression which is worse than 1929. The best advice you can get is to get out of financial assets altogether. In fact, I'll not be surprised if some Kenyan banks fail along with the global ones. Lol stocks fall for a week and guys are talking "worst depression ever?!?!" Hahaha but I hope the prices keep falling. I had stopped buying and would like to resume. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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dunkang		#32 Posted : Monday, February 03, 2014 7:11:46 AM
Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831		mnandii wrote: VituVingiSana wrote: I hope to collect some shares if the prices continue dropping We are in a depression which is worse than 1929. The best advice you can get is to get out of financial assets altogether. In fact, I'll not be surprised if some Kenyan banks fail along with the global ones. Unataka tununue plots? Ni Sawa tu. Receive with simplicity everything that happens to you.” ― Rashi
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faa		#33 Posted : Monday, February 03, 2014 8:54:48 AM
Rank: Member Joined: 5/8/2007 Posts: 709		all stocks are going down today. ni hindi ya kahindi meruka!
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brizzy		#34 Posted : Monday, February 03, 2014 9:06:55 AM
Rank: New-farer Joined: 4/23/2013 Posts: 14		Markets just opened.... The closer you look the less you see
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ecstacy		#35 Posted : Monday, February 03, 2014 9:16:15 AM
Rank: Elder Joined: 2/26/2008 Posts: 4,449		faa wrote: all stocks are going down today. ni hindi ya kahindi meruka! Mumias and our favorite laggards are not going down
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Angelica _ann		#36 Posted : Monday, February 03, 2014 9:24:12 AM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		ecstacy wrote: faa wrote: all stocks are going down today. ni hindi ya kahindi meruka! Mumias and our favorite laggards are not going down All, really, what a prophesy. So we are suppose to fear? Ok! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Horton		#37 Posted : Monday, February 03, 2014 6:31:54 PM
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi		VituVingiSana wrote: Horton wrote: mnandii wrote: VituVingiSana wrote: I hope to collect some shares if the prices continue dropping We are in a depression which is worse than 1929. The best advice you can get is to get out of financial assets altogether. In fact, I'll not be surprised if some Kenyan banks fail along with the global ones. Lol stocks fall for a week and guys are talking "worst depression ever?!?!" Hahaha but I hope the prices keep falling. I had stopped buying and would like to resume. Yeah....loan a brother some cash. Too broke
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Wondergirl		#38 Posted : Monday, February 03, 2014 7:14:17 PM
Rank: Member Joined: 9/12/2009 Posts: 312		mnandii wrote: VituVingiSana wrote: I hope to collect some shares if the prices continue dropping We are in a depression which is worse than 1929. The best advice you can get is to get out of financial assets altogether. In fact, I'll not be surprised if some Kenyan banks fail along with the global ones. @mnandii, let me share with you this: the most money I have made in the stock market is after I invested during the recession. I stumbled at wazua accidentally and its then that I learnt that the bear is my friend. I learnt to be fearful when others are greedy and vice versa. Bears are always followed by bulls, its a matter of timing. Stay around, you will learn amidst the smack remarks. 😉
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mnandii		#39 Posted : Monday, February 03, 2014 8:21:07 PM
Rank: Elder Joined: 10/11/2006 Posts: 2,304		Wondergirl wrote: mnandii wrote: VituVingiSana wrote: I hope to collect some shares if the prices continue dropping We are in a depression which is worse than 1929. The best advice you can get is to get out of financial assets altogether. In fact, I'll not be surprised if some Kenyan banks fail along with the global ones. @mnandii, let me share with you this: the most money I have made in the stock market is after I invested during the recession. I stumbled at wazua accidentally and its then that I learnt that the bear is my friend. I learnt to be fearful when others are greedy and vice versa. Bears are always followed by bulls, its a matter of timing. Stay around, you will learn amidst the smack remarks. 😉 Its true you need to buy low and sell high. But how do you determine if the low is in place? Fortunes are going to be lost this year. And by the way, how comes everybody knows it time to buy? Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Wondergirl		#40 Posted : Monday, February 03, 2014 8:36:52 PM
Rank: Member Joined: 9/12/2009 Posts: 312		mnandii wrote: Wondergirl wrote: mnandii wrote: VituVingiSana wrote: I hope to collect some shares if the prices continue dropping We are in a depression which is worse than 1929. The best advice you can get is to get out of financial assets altogether. In fact, I'll not be surprised if some Kenyan banks fail along with the global ones. @mnandii, let me share with you this: the most money I have made in the stock market is after I invested during the recession. I stumbled at wazua accidentally and its then that I learnt that the bear is my friend. I learnt to be fearful when others are greedy and vice versa. Bears are always followed by bulls, its a matter of timing. Stay around, you will learn amidst the smack remarks. 😉 Its true you need to buy low and sell high. But how do you determine if the low is in place? Fortunes are going to be lost this year. And by the way, how comes everybody knows it time to buy? the most important is first knowing the company you are buying into. Then know it's value. Can you hold it for ever. Lastly never put your kitchen budget in stock, put only what you can afford to lose.
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