Guys I would beg to differ..I think komera is in the right state of mind to invest.The market punishes natural optimists and more so pessimists,but gives richness to realists.

About the right time to buy...mmmhh I would say right now more of no than yes..

The historical P/E of the NSE has been around 10-12...right now its around 15...just above fair value...yet there are some stocks that present value...

Now lets study the most beautiful P/E chart ever made...though its for the S&P 500 but can apply with some fair degree of accuracy to the NASI

http://commons.wikimedia...of_Twenty-Year_Returns_(Shiller_Data).png

As you can see from the 20 yr charts investing when the market is at relatively high P/E guarantees little to -ve returns in the average lifespan of an investor...just imagine guys who bought stocks at the top in 1993-1994 when the index was at 5000pts they are yet to break even(incase they did not cost average)...in those days agricultural stocks were the hot stocks believe me you would have bought them and lost 90% of your money...banks and industrials were viewed with great suspicion...the average portfolio was heavily weighted in favor of Agri stocks...

but most investors believe they can beat the market year in year out but data speaks differently...unless you buy stocks when there seems to be little hope and fear is all around(like 2000-2002 and 2008-2009 period)your returns over a long period will just be a joke.


I suggest people read irrational exuberance by prof shiller written just before the bubble burst.

my two cents!!!

Do your own research. Your broker is not an expert and can lead you astray, ask anyone.

sparkly n youcantstopusnow, pliz guyz don confuse pessimism with realism. My statement started with I know i will lose in some counters, which is true or you guyz have always hit the jackpot with your buys. The point i tried to bring about is that even when losing, i should not give up but keep on keeping on. Know when to cut my losses but key thing never give up. Hope my point is more clear now.

[quote=VituVingiSana]@the deal - Namibians are vicious... killing the seal babies!

http://www.africareview..../-/10itwuk/-/index.html[/quote]

hehehe if u dont KILL those baby seals they will eat every fish in the ocean...people will loose jobs...the economy will go down...Bidvest Namibia will collapse...so its better to sacrifice thoz baby seals than the economy...after all we are just trying to ctrl their population not TERMINATE...

I agree with @2012 100%. Your broker makes money no matter how badly the market screws you! 2% when you buy, 2% when you sell - at a loss or otherwise. You tell me, if there is nothing 'good' to buy, will you broker tell you so? If it is not the best time to sell, will you broker tell you? Then what does he use to pay rent, salaries etc? Be very careful when dealing with brokers! Worst case scenario: Listen to them then COUNTER CHECK EVERYTHING they tell you! Best case scenario: Do your own research. Pesa ni yako!

Using @the deal logic... population control?

Was this case concluded