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How much do you put in stocks?
Rank: Elder Joined: 7/22/2009 Posts: 7,838
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mukiha wrote:Having been around for so long, I put very little new cash these days... I'm also not very far from official retirement age!
I'd say 75% of my purchases are from profiteering. @mukiha - I envy the position you find yourself in. That's my target too - to have my money work for me as hard as I work for it! I am on my way there but like the rest I have to compliment it with money from my pockets [in addition to re-investing earnings]. 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: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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2012 wrote:MaichBlack wrote:2012 wrote:You forgot sex What!? You pay for that? Is that even legal??? My friend, sex with the wife or girlfriend is more expensive than sex with a prostitute. The days of turn over tuendelee are gone. Siku hizi foreplay starts in an oriental restaurant... (oh and btw I'm 'happily' married) 2012, sex with the wife, girlfriend and a prostitute are all expensive. A "sex buddy" is much cheaper leaving more money for the Stock Market. Both of you are left "entertained", hakuna stress plus its legal GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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qw25041985 wrote:@ the deal. Lol. U ar really privillaged to hav rich parents. But as for me i am a technical guy. I am the epitone of a DayTrader (i understand some buy and hold strategy) and i luv it. Bytheway you forgot that you live in a mansion, i live at the ticker tape !!!!! where is this coming from? all we want is you to change your strategy....day trading doesnt work on the NSE...this is not NY...i might live in a mansion but that doesnt make me a good investor...investing is not about how much money u have but applying the right strategy....you can have a million but u can burn it all if u are reckless...
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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youcan'tstopusnow wrote:2012 wrote:MaichBlack wrote:2012 wrote:You forgot sex What!? You pay for that? Is that even legal??? My friend, sex with the wife or girlfriend is more expensive than sex with a prostitute. The days of turn over tuendelee are gone. Siku hizi foreplay starts in an oriental restaurant... (oh and btw I'm 'happily' married) 2012, sex with the wife, girlfriend and a prostitute are all expensive. A "sex buddy" is much cheaper leaving more money for the Stock Market. Both of you are left "entertained", hakuna stress plus its legal LOLest... How did the topic change to the economics of sex? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 5/8/2008 Posts: 77
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On my side, i only invest extraordinary profits from other things i pursue.. Not regular small amounts as most guru's here advise. Downside is i only inject funds once in a while, and am limited to good deals that occur when i have the money. Upside is i dont have to think about this all the time. It can be rather consuming - if you dont want to cheat your employer, ie. Strategy has paid off well, so far (there is usually a good deal on the market at any time!). Now, im into EQTY (stocked up over time - aver entry price 16kshs), MUM (aver entry at 10.5kshs. Missed earlier bus), and recently, KPLC (after dumping KQ, who's future prospects are more unclear as compared to KPLC, in my view). Im watching KCB, and NIC as possible next acquisitions with next tranche of funds.
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Rank: Member Joined: 12/31/2006 Posts: 13
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@qw...
Where is a snapshot of your portfolio. I couldn't help but comment as your buy pronouncements are not accompanied by exit points. As been highlighted previously our market inefficiencies cannot support day traders. An investor following your picks would be led to the slaughterhouse unless they have exit points.
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Rank: Member Joined: 4/1/2008 Posts: 141
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@mukiha u have good stakes that u hold. Myself these are major players in my potfolio Equity 35,000 shares,CMC 12,000,Scangroup 3,200,Coop 10,000,KCB 6,000 ,KeyaRE 3,500,Kenol 800,BAclays 1200,NBK 1000,STANBICK 12,000,MUMIA 2300 and others with small shares total i have 19 companies spread sheet,this way i take advantange of any divided or bonus that comes around.Also splits have helped me to accumulate ie equty,CMC.Example centum and NBK i will take advantage of bonuses and share right issues...but overall im talking of accumulation.. is good sometime and u have to have an idea on how it goes later u enjoy the results
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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Scangrp-61%, Eqty-25%, MSC-10% & KQ-4%. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Member Joined: 4/1/2008 Posts: 141
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@GATHEUZI MEN! IMPRESSIVE!!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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My portifolio for now BAT 17%, BBK 16%, Cfc 13%, Sfcom 12%, Bamburi 12%, NMG 11%, NIC 10%, access and Tps 9%. My aim is to be diversified across the sectors and capitalisation. I re-balance by buying more or less of a counter. Life is short. Live passionately.
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How much do you put in stocks?
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