Spikes wrote:Ebenyo wrote:Just imagining how NSE was between 1963-2002.BAT and EABL were the darling stocks of those days.Someone who took a good position in BAT is now rich.
In the village I spoke with octogenarian who bought 1000 BAT shares in 1967.. Since then he's been enjoying dividends among other benefits. ...He didn't know how lucrative this stock could become later on .He would've scooped more for the children of his children.
@Spikes,did u ask him the buying price at that time.?
Other good stocks in those years were standard chartered bank,
barclays,bamburi and NMG.Those who took long term positions are now rich.
Currently if someone choose from Equity,Kcb,Co-op and Safaricom for long term,he will be wealthy.
Towards the goal of financial freedom