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Starting to invest in the stock market with little cash
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Bryan
#1 Posted : Friday, February 07, 2014 12:41:54 PM
Rank: Hello

Joined: 2/7/2014
Posts: 4
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?
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Candlesticks
#2 Posted : Friday, February 07, 2014 12:59:31 PM
Rank: New-farer

Joined: 12/16/2013
Posts: 49
Location: Nairobi
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?


Certainly can read more here http://themarkettrends.w...k-exchange-for-dummies/


but this market is a little bear right now.
"'Nowadays people know the price of everything and the value of nothing.' - Oscar Wilde.
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PeterReborn
#3 Posted : Friday, February 07, 2014 1:01:54 PM
Rank: Veteran

Joined: 1/3/2014
Posts: 1,063
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?

@Bryan yes-depends on which stock you want to invest in.The minimum number of shares one can purchase is 100 units.
Consistency is better than intensity
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jawgey
#4 Posted : Friday, February 07, 2014 1:04:06 PM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?


yes you can. I would advise you buy counters with values of less than 10bob which have potential growth. With these you will be able to accumulate more shares. A good bet might be CIC insurance.
Seeing is believing
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mwekez@ji
#5 Posted : Friday, February 07, 2014 1:11:37 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
jawgey wrote:
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?


yes you can. I would advise you buy counters with values of less than 10bob which have potential growth. With these you will be able to accumulate more shares. A good bet might be CIC insurance.

In that case, mumias is the lowest priced share in the exchange. Dirt cheap 3 bob!!
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Mastermind
#6 Posted : Friday, February 07, 2014 1:18:07 PM
Rank: Veteran

Joined: 1/25/2012
Posts: 1,624
Location: Langley
mwekez@ji wrote:
jawgey wrote:
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?


yes you can. I would advise you buy counters with values of less than 10bob which have potential growth. With these you will be able to accumulate more shares. A good bet might be CIC insurance.

In that case, mumias is the lowest priced share in the exchange. Dirt cheap 3 bob!!


Begin with what you have... I think alot has been said about Cheap stocks.
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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brizzy
#7 Posted : Friday, February 07, 2014 2:52:07 PM
Rank: New-farer

Joined: 4/23/2013
Posts: 14
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?

You can i started with a low of 10k and i am learning more as i progress....
Pray Pray Pray Pray
The closer you look the less you see
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  | | Edit by user: Friday, February 07, 2014 2:56 PM | Reason: Not specified
Aguytrying
#8 Posted : Friday, February 07, 2014 3:39:17 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
@bryan.
Its the best way to start, because when you make mistakes you will lose less, but the lessons will be just as memorable. Success is a bad teacher in stocks. Infact consider the 20k what you are paying to learn. If you learn the right things, it'll be well worth it when you are managing millions in the near future. Happy hunting
The investor's chief problem - and even his worst enemy - is likely to be himself
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sparkly
#9 Posted : Friday, February 07, 2014 3:57:00 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
mwekez@ji wrote:
jawgey wrote:
Bryan wrote:
Can one start investing in the stock market with as low as 20k? just to gain experience and learn the dynamics of the market?


yes you can. I would advise you buy counters with values of less than 10bob which have potential growth. With these you will be able to accumulate more shares. A good bet might be CIC insurance.

In that case, mumias is the lowest priced share in the exchange. Dirt cheap 3 bob!!


Or Kenya Orchads. He can buy almost 7,000 of them.
Life is short. Live passionately.
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Bryan
#10 Posted : Friday, February 07, 2014 4:21:42 PM
Rank: Hello

Joined: 2/7/2014
Posts: 4
Am certainly more enlightened now. Thank you so much wazua community
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