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I AM NEW HERE, WHERE DO I START IN STOCKS INVESTMENTS
Rank: New-farer Joined: 4/19/2011 Posts: 9 Location: Nairobi
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I am new here, can someone give me a clue of where to start in Stocks. Kindly be candid. Jonie Magari.co.ke Price is Determined by Demand and Supply but it is Discovered by an Auction to give the Best Value for both the Seller & the Buyer! www.magari.co.ke strives to give the best Value for Cars
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Rank: Veteran Joined: 7/22/2008 Posts: 1,139
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joniewamagari wrote:I am new here, can someone give me a clue of where to start in Stocks.
Kindly be candid.
Jonie
Magari.co.ke amba urute murangano ! "You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it". Malcolm X
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Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
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Well,if you wan tto do it yourself do some reading first. If not look for a good investment advisor....both options will take considerable commitment.
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Start here in the fantasy market to find out if you have the stomach for it. You might discover it's not for you.
BBI will solve it :)
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Rank: Member Joined: 4/18/2011 Posts: 459
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You come at a good time, a good number of shares r down or going down. Guess am already a second last born. Karibu, start by learning first what it entails and decide if its what you have in mind. If u look at my question of jana, I put my first money in NSE 4 yrs ago. All have received since is a yearly dividend of abt 250 bob and hope. Thank God this year my shares 4 tht counter increase 4 times after the split n for once I get abit of a healthy dividend relatively.
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Rank: Member Joined: 4/1/2008 Posts: 141
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@Jonie ;Learn by reading the contributions at this webpage from wazuans..see whether you can be able to handle the stock movements risk.Also you can use a financial advisor to explain to you how to handle the stocks risks....Otherwise be carefull dont put all your money here without knowing what you are doing...... you dont have to gamble on stocks it takes a lotof home work....before you earn on stockmarket!
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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Just do your own research...lots of reading...
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Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
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Kaka M wrote:You come at a good time, a good number of shares r down or going down. Guess am already a second last born. Karibu, start by learning first what it entails and decide if its what you have in mind. If u look at my question of jana, I put my first money in NSE 4 yrs ago. All have received since is a yearly dividend of abt 250 bob and hope. Thank God this year my shares 4 tht counter increase 4 times after the split n for once I get abit of a healthy dividend relatively. If ur talkin bout a bonus then the eps was split by the same magnitude and next year, holding performance constant, ull still get the same measly 250 bob. It may take a few years to multiply ur dividends by the same magnitude. so if ur in it for dividens u better be in it big!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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You start by going to a broker, opening a cds account and giving cash to your broker! Life is short. Live passionately.
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Rank: Member Joined: 1/22/2011 Posts: 193 Location: nairobi
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Welcome Jonie.
as advised just go through the various posts in the investor section and you will get a direction but remember buying and selling is a personal decision.
BTW where can one get financial advisers in Kenya?
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Rank: New-farer Joined: 4/19/2011 Posts: 9 Location: Nairobi
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Hi Guys, Thanx alot for the encouraging feedback that you've given me. I am already feeling like i ought to have discovered this Stocks Forum ages ago.. I am not very green with "other non-stocks" investments and i have the basic foundation of doing business; i still trust my radar for sniffing a good shilling and i have started feeling the fire in my belly. I have already opened a CDS account and deposited some quid today. I have read old posts here and a lot of print materials allover.My palms are sweating and i am eager to place my bet now after considering my objectives. 1. Long-term - 4yrs & Over - EQUITY,KCB,KPLC,CO-OP 2. Medium Term - Btwn 2yrs and 4 yrs- CENTUM,HFCK,CABLES 3. Short-term - Btwn 1 yr and 2 yrs- KENOL,TOTAL,MUMIAS,K-RE 4. Rapid response - speculative/trading/During the year- SAFARICOM, ACCESS,( Can't rule out EQUITY,KCB,CO-OP )
Guys, does this sound sensible so far ?
Price is Determined by Demand and Supply but it is Discovered by an Auction to give the Best Value for both the Seller & the Buyer! www.magari.co.ke strives to give the best Value for Cars
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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sounds sensible except Kenol and Total. Wait for the half year results.
safaricom, access speculative best of luck in that!
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Rank: Member Joined: 8/5/2010 Posts: 335 Location: Nairobi
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joniewamagari wrote:Hi Guys, Thanx alot for the encouraging feedback that you've given me. I am already feeling like i ought to have discovered this Stocks Forum ages ago.. I am not very green with "other non-stocks" investments and i have the basic foundation of doing business; i still trust my radar for sniffing a good shilling and i have started feeling the fire in my belly. I have already opened a CDS account and deposited some quid today. I have read old posts here and a lot of print materials allover.My palms are sweating and i am eager to place my bet now after considering my objectives. 1. Long-term - 4yrs & Over - EQUITY,KCB,KPLC,CO-OP 2. Medium Term - Btwn 2yrs and 4 yrs- CENTUM,HFCK,CABLES 3. Short-term - Btwn 1 yr and 2 yrs- KENOL,TOTAL,MUMIAS,K-RE 4. Rapid response - speculative/trading/During the year- SAFARICOM, ACCESS,( Can't rule out EQUITY,KCB,CO-OP )
Guys, does this sound sensible so far ?
WHY THESE? My opinion is that you are considering too many counters... ... you will not be able to keep up with all of them... ... you won't make much money if you spread it so thinly... ... if you just want to save its ok to diversify... ... but in that case, its better to get into Unit Trusts... "I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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joniewamagari wrote:Hi Guys, 3. Short-term - Btwn 1 yr and 2 yrs- KENOL,TOTAL,MUMIAS,K-RE Guys, does this sound sensible so far ?
the ones you've picked for one year EXCEPT KENOL are riddled with risk and not for the faint hearted Mark 12:29
Deuteronomy 4:16
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Rank: New-farer Joined: 4/19/2011 Posts: 9 Location: Nairobi
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@ Genghis Khan I get you..avoid spreading thin is a good point but also depending on how much booty you are looking at. I may not necessarily take up all the counters but these are the tentative counters i am training my eyes on to start with. I am taking the plunge with KCB 1st, once it touches lowest 20's j-wamagari Price is Determined by Demand and Supply but it is Discovered by an Auction to give the Best Value for both the Seller & the Buyer! www.magari.co.ke strives to give the best Value for Cars
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Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
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joniewamagari wrote:
I am taking the plunge with KCB 1st, once it touches lowest 20's
j-wamagari
Am liking this guy already. Waiting for Kcb with bated breath. My chase cap is 30 bob.
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Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
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Start here. Just a few pointers.
Advertisement: A tool used by business to get money out of people that don't have it, for something that they don't need.
Alimony: Two person mistake paid by one.
Auditor: Person that arrives after battle to finish off the wounded.
Bank: A place that will lend you money (and an umbrella insurance plan) only when you don't need it.
Bear Market: Eight months when the kids get no allowance, the wife gets no jewelry and the husband gets no sex.
Broker: The person that you trust with thousands of your hard earned dollars. Hello!
Broker: What my broker has made me or Poorer than you were last year.
Budget: Written proof that you can't afford the things you want.
Bull Market: A random market movement causing an investor to mistake himself for a financial genius.
Cash Flow: The movement your money makes as it disappears down the toilet.
CEO: Chief Embezzlement Officer.
CFO: Chief Fraud Officer.
Day Trader: A more socially acceptable gambling addict.
Discounted Stock: A stock that is less expensive than last month and more expensive than it will be next month.
EBIT: Earnings Before Irregularities and Tampering.
EBITDA: Earnings Before I Tricked the Dumb Auditor.
EPS: Eventual Prison Sentence.
FRS: Fantasy Reporting Standards.
Institutional Investor: An incompletely successful investor who is now locked up in a mental institute.
Market Correction: The day after you buy stocks.
Momentum Investing: The fine art of buying high and selling low.
P/E Ratio: The percentage of investors wetting their pants as the market keeps crashing.
Profit: A man that prays to God.
Stock Analyst: The idiot who just downgraded your stock.
Stock Market Correction: The term your broker uses for a financial market crash.
Stock Split: When your former wife and her lawyer split all your assets equally between themselves.
Value Investing: The art of buying low and selling lower.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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joniewamagari wrote:
I am taking the plunge with KCB 1st, once it touches lowest 20's
j-wamagari
Does it pay to wait for an already cheap counter to become cheaper? Research shows that this strategy doesnt not work... If you feel a stock is cheap at current prices especially relative to its peers then take the plunge in it... To use KCB as an example... The only reason for this fall is the presence of a large retail shareholder base who are currently exiting to get cash for easter and school fees... But no guarantee it will fall further because it is cheap at current levels Mark 12:29
Deuteronomy 4:16
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Rank: Member Joined: 11/26/2009 Posts: 67 Location: Pare pare
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Muthawamunene wrote:Start here. Just a few pointers.
Advertisement: A tool used by business to get money out of people that don't have it, for something that they don't need.
Alimony: Two person mistake paid by one.
Auditor: Person that arrives after battle to finish off the wounded.
Bank: A place that will lend you money (and an umbrella insurance plan) only when you don't need it.
Bear Market: Eight months when the kids get no allowance, the wife gets no jewelry and the husband gets no sex.
Broker: The person that you trust with thousands of your hard earned dollars. Hello!
Broker: What my broker has made me or Poorer than you were last year.
Budget: Written proof that you can't afford the things you want.
Bull Market: A random market movement causing an investor to mistake himself for a financial genius.
Cash Flow: The movement your money makes as it disappears down the toilet.
CEO: Chief Embezzlement Officer.
CFO: Chief Fraud Officer.
Day Trader: A more socially acceptable gambling addict.
Discounted Stock: A stock that is less expensive than last month and more expensive than it will be next month.
EBIT: Earnings Before Irregularities and Tampering.
EBITDA: Earnings Before I Tricked the Dumb Auditor.
EPS: Eventual Prison Sentence.
FRS: Fantasy Reporting Standards.
Institutional Investor: An incompletely successful investor who is now locked up in a mental institute.
Market Correction: The day after you buy stocks.
Momentum Investing: The fine art of buying high and selling low.
P/E Ratio: The percentage of investors wetting their pants as the market keeps crashing.
Profit: A man that prays to God.
Stock Analyst: The idiot who just downgraded your stock.
Stock Market Correction: The term your broker uses for a financial market crash.
Stock Split: When your former wife and her lawyer split all your assets equally between themselves.
Value Investing: The art of buying low and selling lower.
This one is mambo baad.  Bear market and value investing...wah! Hug the bear....ride the bull.....di$mount!!!
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Hehehe Value investing doesnt work on the NSE...too few companies hence they all tend to be analysed and analysed...so no price anomaly...who supports my hypothesis?
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