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How much do you put in stocks?
2012
#1 Posted : Wednesday, July 07, 2010 5:15:40 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
How much money do you put in stocks? Do you allocate an amount monthly/annually, do you put the excess or you have some sort of different working strategy?

• Would you take a loan if for example SCOM went down to 2/- and you had no money?

BBI will solve it
:)
The Merchant
#2 Posted : Wednesday, July 07, 2010 5:41:13 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
I put in a particular amount aside monthly for stocks. I then use this amount to invest according to a laid down strategy.
If safaricom went down to 2/- I think I would use a loan to take up the stock although this is not something I advise.

Now any excess amount from stocks I accumulate to invest in a riskier stock pick. I cash out when I hit my target and hunt for more bargains. My investment horizon is 1-5 years.
qw25041985
#3 Posted : Wednesday, July 07, 2010 5:50:37 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
When is half year results for access kenya due ?!?
Your future depends on your dreams so go to sleep !
qw25041985
#4 Posted : Wednesday, July 07, 2010 5:58:54 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
4 me i put all my money into stock . I'd rather go hungry and live im a one roomd shack but when i wake up everyday i get to c my stocks go up in prices b'coz that price movement is sweeeeeeeeeeeeeeee t. @2010 u feel me .
Your future depends on your dreams so go to sleep !
guru267
#5 Posted : Wednesday, July 07, 2010 6:00:08 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
i put about 75% of my money in stocks but i do this quarterly and its only possible because i'm trained in stock trading and i'm not that old....

but unless you are a professional and know technical analysis never take a loan for stocks... because what if you took a loan to buy safcom at 2 bob and it fell and stuck at 50cents... i think we all know where you would be
Mark 12:29
Deuteronomy 4:16
2012
#6 Posted : Wednesday, July 07, 2010 6:08:04 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
qw25041985 wrote:
4 me i put all my money into stock . I'd rather go hungry and live im a one roomd shack but when i wake up everyday i get to c my stocks go up in prices b'coz that price movement is sweeeeeeeeeeeeeeee t. @2010 u feel me .


@qw25041985,
You're a gambler. You do it for the rush and that's an addiction. Anyway I can bet that you'll be a very rich man in the next 10 if you continue that way just don't forget to spend before your offsprings squander everything since I can see that you're a miser too.

BBI will solve it
:)
Wa_ithaka
#7 Posted : Wednesday, July 07, 2010 6:16:29 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
Depends on where the market is at
The Governor of Nyeri - 2017
mkonomtupu
#8 Posted : Wednesday, July 07, 2010 6:59:46 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
Wa_ithaka wrote:
Depends on where the market is at


I agree. It depends on the market.
I allocate an amount annually and I rarely add any more cash into the market unless I spot a bargain.
If safaricom went to 2/- and there was nothing wrong with the fundamentals yes i would take out a loan and buy. If the business is good I want my share of it.
shauriyako
#9 Posted : Wednesday, July 07, 2010 7:01:26 PM
Rank: New-farer

Joined: 6/17/2010
Posts: 71
Location: Kenya
@twentytwelef
My income more or less comes like the rain; sometimes its a heavy downpour and sometimes its a drizzle.
My allocation to shares therefore varies with income. Anything I wont need in two months is put away in stocks. I have done that for a couple of years now and I have no regrets.
When we wake up in the morning, we have two simple choices. Go back to sleep and dream, or wake up and chase those dreams. The choice is yours! .
eldersensei
#10 Posted : Wednesday, July 07, 2010 7:10:05 PM
Rank: New-farer

Joined: 7/5/2010
Posts: 8
Location: planet earth
@The Merchant

Just got some cash and decided that twas enough to let it rot in the bank as I did since i was employed 2 years ago. Im still gathering data though. You talked about a plan. Maybe you could share a strategy that worked for you earlier, ama?
Cease the Moment and the Moment will echo.....FOR EVER!!
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