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What stocks to buy..
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ndeshj
#1 Posted : Tuesday, August 05, 2014 8:20:55 AM
Rank: New-farer

Joined: 7/24/2014
Posts: 22
Location: Nairobi
Good day morning wazuans, thank you all for the most informed discussions they are really helpful.
I am a student who has received part of school fee in ramp-sum of 300k. AM will to invest this cash in stocks so as to raise the remaining fee balance and to maintain my up keep as well.
I will highly appreciate advice on the counters to go for on the short term since I will be joining class this Sept and I my first payments I will consume nearly 80k. The rest I will use starting next near and I will withdraw these amounts to pay when fee is due.
All your support is welcome
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ngapat
#2 Posted : Tuesday, August 05, 2014 8:36:00 AM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
cfc
“Invest in yourself. Your career is the engine of your wealth.”
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uchumi
#3 Posted : Tuesday, August 05, 2014 8:54:21 AM
Rank: Member

Joined: 9/16/2006
Posts: 234
Cfc,kplc
“I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
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Angelica _ann
#4 Posted : Tuesday, August 05, 2014 8:57:18 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
NIC for the rights!
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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nahdy
#5 Posted : Tuesday, August 05, 2014 9:38:12 AM
Rank: Member

Joined: 6/29/2006
Posts: 184
ndeshj.. what you are doing is very risky.. make sure you inform whoever gave you the money the decision you are taking... and my suggestion is invest only half of it if you really have to.
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wanyina
#6 Posted : Tuesday, August 05, 2014 9:46:17 AM
Rank: Member

Joined: 4/1/2008
Posts: 141
stocks for a quick short gain can be very risky,Iwill not guarantee anyone to put school fees in the stock market,and if u have to disclosed to your sponsor, but should you decide to invest put half save half
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faa
#7 Posted : Tuesday, August 05, 2014 9:53:21 AM
Rank: Member

Joined: 5/8/2007
Posts: 709
Boss you would rather pay the whole amount to school fees,

trust me investing 300k for shorterm gains in the NSE isnt prudent.

you will end up defiled proper.Put that money in school fees fully.
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YoungMulla
#8 Posted : Tuesday, August 05, 2014 10:17:30 AM
Rank: Member

Joined: 3/14/2012
Posts: 577
Location: Nairobi Kenya
I agree with faa. You only put money into stocks knowing very well that you can lose it. You don't have the leisure with school fees. I would advise a fixed bank rate instead. You won't get much but your money will be there 24/7.
Before I die - i will touch the sky!!
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Akenyan2014
#9 Posted : Tuesday, August 05, 2014 10:33:40 AM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
I did the same in 2011-2012 and I can tell you it is not that easy. Some fee deadlines could get me when a stock has lost 5% but occasionally I could cash profits easily. I think stock market requires a target of 12-24 months on short term. The point is clear at least one years fees before looking here.

1.madness
2.I agree with these analysts. 2011,2012 might repeat. High inflation, Bank rates to rise, stocks could fall
3.Though so unaccommodating and unwelcoming this guy could have been right
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  | | Edit by user: Tuesday, August 05, 2014 10:36 AM | Reason: Not specified
ndeshj
#10 Posted : Tuesday, August 05, 2014 11:02:58 AM
Rank: New-farer

Joined: 7/24/2014
Posts: 22
Location: Nairobi
I see a warning sign from majority of you!
The reason am will to take a risk is because it my be hard to get money to clear the remaining fee balances hence I was considering to raise form this principle.
Looking at policies thy are not that rewarding on short term, same applying also to other policies.
considering I invest half of the money to be redeemed july of 2015 or even sooner what counters so I consider and in to what percentages?
Kindly gve me a break down
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