Wazua
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Why are you still in the stock market?
Rank: Member Joined: 1/15/2010 Posts: 625
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Government T-Bills can give you 20+% risk free. Is there any rationale to put your money in the NSE?
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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All things held constant no reason at all, other than a gambling mentality
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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mv_ufanisi wrote:Government T-Bills can give you 20+% risk free. Is there any rationale to put your money in the NSE? @Wailer said juzi that the rate will start sinking from today, lets wait and see. Anyway its not easy to pick any stock which can promise and give a profit of 20%,even if you add both dividend and capital gain...within the next year; for speculators. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 12/4/2009 Posts: 10,671 Location: NAIROBI
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Rates will only start sinking when the dollar is at 95 and below to the ksh. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,671 Location: NAIROBI
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Repayment of debt is ksh.600bn in the financial year 2015/2016. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Impunity wrote:mv_ufanisi wrote:Government T-Bills can give you 20+% risk free. Is there any rationale to put your money in the NSE? @Wailer said juzi that the rate will start sinking from today, lets wait and see. Anyway its not easy to pick any stock which can promise and give a profit of 20%,even if you add both dividend and capital gain...within the next year; for speculators. Wonder how he came to that....this fellows are too shifty... possunt quia posse videntur
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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mv_ufanisi wrote:Government T-Bills can give you 20+% risk free. Is there any rationale to put your money in the NSE? Only because all my counters are deep in the red zone, I have to hold untill things look up which by looks of things is maybe 2025 To Each His Own
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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kayhara wrote:mv_ufanisi wrote:Government T-Bills can give you 20+% risk free. Is there any rationale to put your money in the NSE? Only because all my counters are deep in the red zone, I have to hold untill things look up which by looks of things is maybe 2025  Surely i hope your prediction is wrong. but who knows with this gaarment
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Rank: Elder Joined: 7/22/2009 Posts: 7,452
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One thing that is far much worse than paper losses is selling the shares, booking the losses planning to invest elsewhere and later use the same money to "buy back" your shares only for the prices to head north in the meantime!!! A smart investor BUYS shares at a discount! Not SELLING his/her shares at a discount hoping for even better discounts!! Utalilia kwa choo. If you have hard cash though, you are justified to invest elsewhere in the meantime. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: New-farer Joined: 1/9/2015 Posts: 19 Location: NAIROBI
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The rate hike is a monetary prescription to a fiscal problem the gobament is currently facing. the universal truth is that equities have always outperformed other investment vehicles. on the premise of being a long term horizon investor, yeah it makes truckloads of sense to be in equities......patience & foresight guys!!!!
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Who made money in stocks during Moi a error??? I believe we are headed there Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Elder Joined: 7/22/2009 Posts: 7,452
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Othelo wrote:Who made money in stocks during Moi a error??? I believe we are headed there Very many people starting with those who bought into Kenya Airways when it was privatized. Too bad @Obiero was not one of them!! You guys need to take a chill pill. Relax!!! It is not doomsday. It is just another buying season!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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MaichBlack wrote:Othelo wrote:Who made money in stocks during Moi a error??? I believe we are headed there Very many people starting with those who bought into Kenya Airways when it was privatized. Too bad @Obiero was not one of them!! You guys need to take a chill pill. Relax!!! It is not doomsday. It is just another buying season!!! These are exciting times that will make millionaires and billionaires. The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 1/15/2010 Posts: 625
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jerry wrote:MaichBlack wrote:Othelo wrote:Who made money in stocks during Moi a error??? I believe we are headed there Very many people starting with those who bought into Kenya Airways when it was privatized. Too bad @Obiero was not one of them!! You guys need to take a chill pill. Relax!!! It is not doomsday. It is just another buying season!!! These are exciting times that will make millionaires and billionaires. these times will also create paupers and a lot of people who lose their shirts. no smart money is going to go into equities when government can give you 20+% guaranteed. as long as the rates stay this high equities will be depressed. you gotta know when to hold them, know when to fold them ...
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Rank: Member Joined: 1/15/2010 Posts: 625
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at the rate at which the market is declining, I wonder how the traditionally low months of Dec and Jan will look like. The current government is clearly inept at managing the economy. With 20%+ rates, growth will take a big hit, creating a negative spiral effect. pity the guys with loans who will soon be defaulting on them, banks simply will simply move their lending to the government, small businesses will have a hard time getting credit, creating a similar situation that we got used to under the Moi regime. when you hire incompetent people to run the show ...
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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MaichBlack wrote:One thing that is far much worse than paper losses is selling the shares, booking the losses planning to invest elsewhere and later use the same money to "buy back" your shares only for the prices to head north in the meantime!!!
A smart investor BUYS shares at a discount! Not SELLING his/her shares at a discount hoping for even better discounts!! Utalilia kwa choo.
If you have hard cash though, you are justified to invest elsewhere in the meantime. 
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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agile wrote:The rate hike is a monetary prescription to a fiscal problem the gobament is currently facing. the universal truth is that equities have always outperformed other investment vehicles. on the premise of being a long term horizon investor, yeah it makes truckloads of sense to be in equities......patience & foresight guys!!!! For guys like @Obiero who bough KQ in 2007 when its kes. 118 and now KQ is kes.5.30, how patient will they be?  Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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Impunity wrote:agile wrote:The rate hike is a monetary prescription to a fiscal problem the gobament is currently facing. the universal truth is that equities have always outperformed other investment vehicles. on the premise of being a long term horizon investor, yeah it makes truckloads of sense to be in equities......patience & foresight guys!!!! For guys like @Obiero who bough KQ in 2007 when its kes. 118 and now KQ is kes.5.30, how patient will they be? The pain of NSE.Time to hold cash and around JUly next year unleash cash and if handled well you may graduate from Harrier to a 2016 Rangerover
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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mawinder wrote:Impunity wrote:agile wrote:The rate hike is a monetary prescription to a fiscal problem the gobament is currently facing. the universal truth is that equities have always outperformed other investment vehicles. on the premise of being a long term horizon investor, yeah it makes truckloads of sense to be in equities......patience & foresight guys!!!! For guys like @Obiero who bough KQ in 2007 when its kes. 118 and now KQ is kes.5.30, how patient will they be? The pain of NSE.Time to hold cash and around JUly next year unleash cash and if handled well you may graduate from Harrier to a 2016 Rangerover Push the hold period till end of November next year...stocks will be dirt cheap. I missed the 2008 gravy millionaire train, I will prepare well in advance to board this next one. ION: I saw with my own meager eyes a colleague becoming a dollar-millionaire overnight when Equity share reached the highest pick ever followed by a share split, around 2008/9. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Member Joined: 8/17/2007 Posts: 294
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Impunity wrote:mawinder wrote:Impunity wrote:agile wrote:The rate hike is a monetary prescription to a fiscal problem the gobament is currently facing. the universal truth is that equities have always outperformed other investment vehicles. on the premise of being a long term horizon investor, yeah it makes truckloads of sense to be in equities......patience & foresight guys!!!! For guys like @Obiero who bough KQ in 2007 when its kes. 118 and now KQ is kes.5.30, how patient will they be? The pain of NSE.Time to hold cash and around JUly next year unleash cash and if handled well you may graduate from Harrier to a 2016 Rangerover Push the hold period till end of November next year...stocks will be dirt cheap. I missed the 2008 gravy millionaire train, I will prepare well in advance to board this next one. ION: I saw with my own meager eyes a colleague becoming a dollar-millionaire overnight when Equity share reached the highest pick ever followed by a share split, around 2008/9. I always knew that a time would come when stock prices will fall to enable me buy and double my money after two years what i dint know is that such a time would be surrounded by fear and hopelessness and limited access to credit that the only sensible thing to do is to sit back and do nothing 
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