edwinmukiri wrote:S.Mutaga III wrote:edwinmukiri wrote:MoneyMonger wrote:edwinmukiri wrote:Hello,
Am planning to buy share and i want those whose price is less than 20Ksh. Please advice me on the best share to buy. I plan to keep the share for more than one year.
Your opinion will be highly appreciated.
Hi, I am not able to point you to any now since I am yet to make my next decision after analysis. I however want to urge you to go beyond using the price of the share in isolation but rather look at the expected return on the minimum as a criteria; there are many.
The reason am looking at the price is that i dont have a lot of cash hence buying expensive share will give me very few shares Sad. Please read about stocks first before buying any of them. When I read such comments, it reminds me of my experiences as a hello in 2011 when there was a bad bear market. I recommend the intelligent investor for starters. If you do not educate yourself about shares, then some old guards here will be making money from millions like you who cant differentiate price and value. I was lucky because I was broke so I only lost small amounts of cash back then and learned invaluable lessons.
Thank you for the advice. The reason am asking for advice is because i want to buy share that i can afford and profitable at the same time.
@edwinmukiri, take your time and read through posts on wazua on investments and first read books as recommended.Profitability is never assured in the stock market and if you are not ready to invest in self financial knowledge, i can only pity you as you will see your investment go down a drain.
Dont be lied to by the hype, read, seek knowledge and wisdom, then invest.