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time to quit stocks
subaru
#11 Posted : Wednesday, May 27, 2015 6:51:47 AM
Rank: Member

Joined: 3/15/2010
Posts: 391
Location: nairobie
S.Mutaga III wrote:
Money never sleeps. Try real estate


real estate needs a big chunk of money to get a good return eg with 2m in stocks u can get a minimum of 100k in dvd but buy land and build 2m wont finish the hse
sparkly
#12 Posted : Wednesday, May 27, 2015 8:17:29 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
There is always a good bargain. The Ks apart from KQ are in good bargain territory.
Life is short. Live passionately.
Aguytrying
#13 Posted : Wednesday, May 27, 2015 9:54:33 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
VituVingiSana wrote:
Aguytrying wrote:
S.Mutaga III wrote:
Money never sleeps. Try real estate


smile money never sleeps.

Money market fund, Saccos to mention but a few. Or, or. Hold the cash! cash not losing value is a great advantage in a bear market. and can be considered an "investment" in itslef. Buffet says something close to that

Buffett's take is that CASH allows one to buy when prices are cheap relative to value. He doesn't hold cash for cash's sake but while he waits for prices to drop. Of course, cash has to be placed in an account/instrument that covers the loss by inflation e.g. In Kenya, cash that makes less than 7% (after tax) is losing value.


that's golden right there. and is actually my plan smile
The investor's chief problem - and even his worst enemy - is likely to be himself
maka
#14 Posted : Wednesday, May 27, 2015 11:11:14 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Nikubaya...
possunt quia posse videntur
winmak
#15 Posted : Wednesday, May 27, 2015 12:30:33 PM
Rank: Member

Joined: 12/1/2007
Posts: 539
Location: Nakuru
Just checked that demand vs supply on Safaricom and things things really look thick...
For investors as a whole, returns decrease as motion increases ~ WB
mkonomtupu
#16 Posted : Wednesday, May 27, 2015 1:11:56 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
Is that correct safaricom with a volume of 43.92m shares
sarjent
#17 Posted : Wednesday, May 27, 2015 1:30:13 PM
Rank: Hello

Joined: 2/12/2015
Posts: 4
Location: Nairobi, Kenya
NIC @ 50/sub 50, is this a good deal or there chances it will slip further?
maka
#18 Posted : Wednesday, May 27, 2015 2:16:33 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
mkonomtupu wrote:
Is that correct safaricom with a volume of 43.92m shares


53 mio...smile
possunt quia posse videntur
Aguytrying
#19 Posted : Wednesday, May 27, 2015 3:01:50 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
sarjent wrote:
NIC @ 50/sub 50, is this a good deal or there chances it will slip further?


Its a good deal and there are chances it will slip even further
The investor's chief problem - and even his worst enemy - is likely to be himself
Angelica _ann
#20 Posted : Wednesday, May 27, 2015 3:02:20 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
maka wrote:
mkonomtupu wrote:
Is that correct safaricom with a volume of 43.92m shares


53 mio...smile

d'oh! d'oh! d'oh!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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