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Starting to invest in the stock market with little cash
Bryan
#1 Posted : Friday, February 07, 2014 12:41:54 PM
Rank: Hello


Joined: 2/7/2014
Posts: 4
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?
Candlesticks
#2 Posted : Friday, February 07, 2014 12:59:31 PM
Rank: New-farer


Joined: 12/16/2013
Posts: 49
Location: Nairobi
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?


Certainly can read more here http://themarkettrends.w...k-exchange-for-dummies/


but this market is a little bear right now.
"'Nowadays people know the price of everything and the value of nothing.' - Oscar Wilde.
PeterReborn
#3 Posted : Friday, February 07, 2014 1:01:54 PM
Rank: Veteran


Joined: 1/3/2014
Posts: 1,063
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?

@Bryan yes-depends on which stock you want to invest in.The minimum number of shares one can purchase is 100 units.
Consistency is better than intensity
jawgey
#4 Posted : Friday, February 07, 2014 1:04:06 PM
Rank: Member


Joined: 1/13/2014
Posts: 386
Location: Denmark
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?


yes you can. I would advise you buy counters with values of less than 10bob which have potential growth. With these you will be able to accumulate more shares. A good bet might be CIC insurance.
Seeing is believing
mwekez@ji
#5 Posted : Friday, February 07, 2014 1:11:37 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
jawgey wrote:
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?


yes you can. I would advise you buy counters with values of less than 10bob which have potential growth. With these you will be able to accumulate more shares. A good bet might be CIC insurance.

In that case, mumias is the lowest priced share in the exchange. Dirt cheap 3 bob!!
Mastermind
#6 Posted : Friday, February 07, 2014 1:18:07 PM
Rank: Veteran


Joined: 1/25/2012
Posts: 1,624
Location: Langley
mwekez@ji wrote:
jawgey wrote:
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?


yes you can. I would advise you buy counters with values of less than 10bob which have potential growth. With these you will be able to accumulate more shares. A good bet might be CIC insurance.

In that case, mumias is the lowest priced share in the exchange. Dirt cheap 3 bob!!


Begin with what you have... I think alot has been said about Cheap stocks.
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
brizzy
#7 Posted : Friday, February 07, 2014 2:52:07 PM
Rank: New-farer


Joined: 4/23/2013
Posts: 14
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?

You can i started with a low of 10k and i am learning more as i progress....
Pray Pray Pray Pray
The closer you look the less you see
Aguytrying
#8 Posted : Friday, February 07, 2014 3:39:17 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
@bryan.
Its the best way to start, because when you make mistakes you will lose less, but the lessons will be just as memorable. Success is a bad teacher in stocks. Infact consider the 20k what you are paying to learn. If you learn the right things, it'll be well worth it when you are managing millions in the near future. Happy hunting
The investor's chief problem - and even his worst enemy - is likely to be himself
sparkly
#9 Posted : Friday, February 07, 2014 3:57:00 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
mwekez@ji wrote:
jawgey wrote:
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?


yes you can. I would advise you buy counters with values of less than 10bob which have potential growth. With these you will be able to accumulate more shares. A good bet might be CIC insurance.

In that case, mumias is the lowest priced share in the exchange. Dirt cheap 3 bob!!


Or Kenya Orchads. He can buy almost 7,000 of them.
Life is short. Live passionately.
Bryan
#10 Posted : Friday, February 07, 2014 4:21:42 PM
Rank: Hello


Joined: 2/7/2014
Posts: 4
Am certainly more enlightened now. Thank you so much wazua community
mwekez@ji
#11 Posted : Friday, February 07, 2014 4:29:01 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
sparkly wrote:
mwekez@ji wrote:
jawgey wrote:
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?


yes you can. I would advise you buy counters with values of less than 10bob which have potential growth. With these you will be able to accumulate more shares. A good bet might be CIC insurance.

In that case, mumias is the lowest priced share in the exchange. Dirt cheap 3 bob!!


Or Kenya Orchads. He can buy almost 7,000 of them.


LQTM. When is the last time KOL traded?

YoungMulla
#12 Posted : Saturday, February 08, 2014 8:32:00 PM
Rank: Member


Joined: 3/14/2012
Posts: 577
Location: Nairobi Kenya
Don't just buy any stock, even if it looks cheap , do some research on the counter/company, is it making profits or losses, is the share value going up or down, and don't be swept by the crown,learn from your mistakes and get better at the game.
Before I die - i will touch the sky!!
Rawsinvestor
#13 Posted : Sunday, February 09, 2014 10:17:40 AM
Rank: Hello


Joined: 1/20/2014
Posts: 9
Location: Nairobi
Candlesticks wrote:
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?


Certainly can read more here http://themarkettrends.w...k-exchange-for-dummies/


but this market is a little bear right now.


Well. I do not think this market is on a bear. A number of counters are bearing yes but it is not enough to say that the whole market is is on a bear.
Look at the graphs of Nairobi's all share index for the last two years.
If the dollar value goes to Zero, the gold value goes to infinity.
jerry
#14 Posted : Sunday, February 09, 2014 11:16:24 AM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
mwekez@ji wrote:
jawgey wrote:
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?


yes you can. I would advise you buy counters with values of less than 10bob which have potential growth. With these you will be able to accumulate more shares. A good bet might be CIC insurance.

In that case, mumias is the lowest priced share in the exchange. Dirt cheap 3 bob!!

There is also Paka Power! Buy at 2.70 and sell at 3.20. Or you can have a feel with no money at all at wazua FaNtaSEy market b4 you commit cash. When/If you decide to "GO REAL" I recommend Kingdom Securities via any Coop Bank branch or do it online at D&B, CFC, Suntra(not sure)...
The opposite of courage is not cowardice, it's conformity.
jerry
#15 Posted : Sunday, February 09, 2014 11:25:50 AM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
jerry wrote:
mwekez@ji wrote:
jawgey wrote:
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?


yes you can. I would advise you buy counters with values of less than 10bob which have potential growth. With these you will be able to accumulate more shares. A good bet might be CIC insurance.

In that case, mumias is the lowest priced share in the exchange. Dirt cheap 3 bob!!

There is also Paka Power! Buy at 2.70 and sell at 3.20. Or you can have a feel with no money at all at wazua FaNtaSEy market b4 you commit cash. When/If you decide to "GO REAL" I recommend Kingdom Securities via any Coop Bank branch or do it online at D&B, CFC, Suntra(not sure)...

Remember to make at least 4.3% between buying and selling if you want to trade with your shares. This goes to the broker. From my example above you would make a net of roughly 14%!((3.2-2.7)/2.7*100-4.3). Easy in theory but worth trying.
The opposite of courage is not cowardice, it's conformity.
sparkly
#16 Posted : Sunday, February 09, 2014 1:45:28 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Jokes aside, success in the stock market comes from mastering and exploiting two emotions: FEAR and GREED, hence you buy when the prices are trading low (to take advantage of high dividend yields) and sell when the prices are high (to cash out your capital gains).

Sounds easy enough but in practice it is not easy. Buying low and selling high is counter intuitive. People want to buy a stock that is rising and will not sell a stock that is falling hoping that it will bounce back. This is a recipe for losses in stock trading.

To begin with I suggest you read "the Intelligent Investor" to master the two emotions. I have the ebook in case you want it.

With more experience you can then try trading patterns like @Hisah.

Bryan wrote:
Am certainly more enlightened now. Thank you so much wazua community

Life is short. Live passionately.
brizzy
#17 Posted : Sunday, February 09, 2014 1:54:37 PM
Rank: New-farer


Joined: 4/23/2013
Posts: 14
sparkly wrote:
Jokes aside, success in the stock market comes from mastering and exploiting two emotions: FEAR and GREED, hence you buy when the prices are trading low (to take advantage of high dividend yields) and sell when the prices are high (to cash out your capital gains).

Sounds easy enough but in practice it is not easy. Buying low and selling high is counter intuitive. People want to buy a stock that is rising and will not sell a stock that is falling hoping that it will bounce back. This is a recipe for losses in stock trading.

To begin with I suggest you read "the Intelligent Investor" to master the two emotions. I have the ebook in case you want it.

With more experience you can then try trading patterns like @Hisah.

Bryan wrote:
Am certainly more enlightened now. Thank you so much wazua community


Would u mind emailing me the ebook at leejnr39@gmail.com it will be invaluble
The closer you look the less you see
murchr
#18 Posted : Sunday, February 09, 2014 6:01:58 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
mwekez@ji wrote:
sparkly wrote:
mwekez@ji wrote:
jawgey wrote:
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?


yes you can. I would advise you buy counters with values of less than 10bob which have potential growth. With these you will be able to accumulate more shares. A good bet might be CIC insurance.

In that case, mumias is the lowest priced share in the exchange. Dirt cheap 3 bob!!


Or Kenya Orchads. He can buy almost 7,000 of them.


LQTM. When is the last time KOL traded?



Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
"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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