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Housing Finance: HFCK a diamond in the rough
Rank: Elder Joined: 12/4/2009 Posts: 10,808 Location: NAIROBI
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My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Fyatu wrote:obiero wrote:
Be ready to trade and leave alone emotions and theories
This is key. Spoken like a true elder. An elder would tell you trading the NSE will get your head handed to you. Commissions of 2.2% going in and another 2.2% going out. Don't trade this market. If you have to trade, take it to the fish market. To trade target a minimum return of 25% so that when you remove commissions it comes to 20% Lets put this in practice hypothetically. Pick one stock tomorrow, which you think will go up 25% in the next 7 months. Then lets circle back in Jun 2022. Please report tomorrow which that stock is so that we record tomorrows price. Theory always much easier than action. I've done it and it has worked,and that is how I came up with the figure. This is not theory but action. The practice is as below; I bought KCB a year ago at Ksh.35,KCB is now trading at ksh.45.9,that is a return of 31.1%. If I remove commissions at let's say 5%,that is a return of 26%. Adding the ksh.1 dividend they paid,return goes even higher. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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So who is heading HF now? Is it Kibaara or Oduori? Business opportunities are like buses,there's always another one coming
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Rank: Veteran Joined: 6/2/2010 Posts: 1,089
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Ericsson wrote:My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Fyatu wrote:obiero wrote:
Be ready to trade and leave alone emotions and theories
This is key. Spoken like a true elder. An elder would tell you trading the NSE will get your head handed to you. Commissions of 2.2% going in and another 2.2% going out. Don't trade this market. If you have to trade, take it to the fish market. To trade target a minimum return of 25% so that when you remove commissions it comes to 20% Lets put this in practice hypothetically. Pick one stock tomorrow, which you think will go up 25% in the next 7 months. Then lets circle back in Jun 2022. Please report tomorrow which that stock is so that we record tomorrows price. Theory always much easier than action. I've done it and it has worked,and that is how I came up with the figure. This is not theory but action. The practice is as below; I bought KCB a year ago at Ksh.35,KCB is now trading at ksh.45.9,that is a return of 31.1%. If I remove commissions at let's say 5%,that is a return of 26%. Adding the ksh.1 dividend they paid,return goes even higher. 2020 to 2021 is covid rebound returns. Lets test with 2021 going into 2022. Pick a stock.
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Rank: Elder Joined: 12/4/2009 Posts: 10,808 Location: NAIROBI
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My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Fyatu wrote:obiero wrote:
Be ready to trade and leave alone emotions and theories
This is key. Spoken like a true elder. An elder would tell you trading the NSE will get your head handed to you. Commissions of 2.2% going in and another 2.2% going out. Don't trade this market. If you have to trade, take it to the fish market. To trade target a minimum return of 25% so that when you remove commissions it comes to 20% Lets put this in practice hypothetically. Pick one stock tomorrow, which you think will go up 25% in the next 7 months. Then lets circle back in Jun 2022. Please report tomorrow which that stock is so that we record tomorrows price. Theory always much easier than action. I've done it and it has worked,and that is how I came up with the figure. This is not theory but action. The practice is as below; I bought KCB a year ago at Ksh.35,KCB is now trading at ksh.45.9,that is a return of 31.1%. If I remove commissions at let's say 5%,that is a return of 26%. Adding the ksh.1 dividend they paid,return goes even higher. 2020 to 2021 is covid rebound returns. Lets test with 2021 going into 2022. Pick a stock. When the prices become attractive. Buying requires a plan and strategy that includes timing. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 6/2/2010 Posts: 1,089
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Ericsson wrote:My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Fyatu wrote:obiero wrote:
Be ready to trade and leave alone emotions and theories
This is key. Spoken like a true elder. An elder would tell you trading the NSE will get your head handed to you. Commissions of 2.2% going in and another 2.2% going out. Don't trade this market. If you have to trade, take it to the fish market. To trade target a minimum return of 25% so that when you remove commissions it comes to 20% Lets put this in practice hypothetically. Pick one stock tomorrow, which you think will go up 25% in the next 7 months. Then lets circle back in Jun 2022. Please report tomorrow which that stock is so that we record tomorrows price. Theory always much easier than action. I've done it and it has worked,and that is how I came up with the figure. This is not theory but action. The practice is as below; I bought KCB a year ago at Ksh.35,KCB is now trading at ksh.45.9,that is a return of 31.1%. If I remove commissions at let's say 5%,that is a return of 26%. Adding the ksh.1 dividend they paid,return goes even higher. 2020 to 2021 is covid rebound returns. Lets test with 2021 going into 2022. Pick a stock. When the prices become attractive. Buying requires a plan and strategy that includes timing. I definately play a different game.I buy and hold through thick and thin collecting dividends along the way. Dividends have kept me sane through the long bear market.
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Rank: Elder Joined: 12/4/2009 Posts: 10,808 Location: NAIROBI
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My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Fyatu wrote:obiero wrote:
Be ready to trade and leave alone emotions and theories
This is key. Spoken like a true elder. An elder would tell you trading the NSE will get your head handed to you. Commissions of 2.2% going in and another 2.2% going out. Don't trade this market. If you have to trade, take it to the fish market. To trade target a minimum return of 25% so that when you remove commissions it comes to 20% Lets put this in practice hypothetically. Pick one stock tomorrow, which you think will go up 25% in the next 7 months. Then lets circle back in Jun 2022. Please report tomorrow which that stock is so that we record tomorrows price. Theory always much easier than action. I've done it and it has worked,and that is how I came up with the figure. This is not theory but action. The practice is as below; I bought KCB a year ago at Ksh.35,KCB is now trading at ksh.45.9,that is a return of 31.1%. If I remove commissions at let's say 5%,that is a return of 26%. Adding the ksh.1 dividend they paid,return goes even higher. 2020 to 2021 is covid rebound returns. Lets test with 2021 going into 2022. Pick a stock. When the prices become attractive. Buying requires a plan and strategy that includes timing. I definately play a different game.I buy and hold through thick and thin collecting dividends along the way. Dividends have kept me sane through the long bear market. To each with their own strategy. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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Ericsson wrote:My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Fyatu wrote:obiero wrote:
Be ready to trade and leave alone emotions and theories
This is key. Spoken like a true elder. An elder would tell you trading the NSE will get your head handed to you. Commissions of 2.2% going in and another 2.2% going out. Don't trade this market. If you have to trade, take it to the fish market. To trade target a minimum return of 25% so that when you remove commissions it comes to 20% Lets put this in practice hypothetically. Pick one stock tomorrow, which you think will go up 25% in the next 7 months. Then lets circle back in Jun 2022. Please report tomorrow which that stock is so that we record tomorrows price. Theory always much easier than action. I've done it and it has worked,and that is how I came up with the figure. This is not theory but action. The practice is as below; I bought KCB a year ago at Ksh.35,KCB is now trading at ksh.45.9,that is a return of 31.1%. If I remove commissions at let's say 5%,that is a return of 26%. Adding the ksh.1 dividend they paid,return goes even higher. 2020 to 2021 is covid rebound returns. Lets test with 2021 going into 2022. Pick a stock. When the prices become attractive. Buying requires a plan and strategy that includes timing. I definately play a different game.I buy and hold through thick and thin collecting dividends along the way. Dividends have kept me sane through the long bear market. To each with their own strategy. Exactly! One cannot proclaim that penny stocks are not tradable, while evidence suggests otherwise. The last time I checked buying and selling of real estate also comes with transaction costs. The bottom line is to make a decent ROI
KQ ABP 4.26
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Rank: Veteran Joined: 6/2/2010 Posts: 1,089
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obiero wrote:Ericsson wrote:My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Fyatu wrote:obiero wrote:
Be ready to trade and leave alone emotions and theories
This is key. Spoken like a true elder. An elder would tell you trading the NSE will get your head handed to you. Commissions of 2.2% going in and another 2.2% going out. Don't trade this market. If you have to trade, take it to the fish market. To trade target a minimum return of 25% so that when you remove commissions it comes to 20% Lets put this in practice hypothetically. Pick one stock tomorrow, which you think will go up 25% in the next 7 months. Then lets circle back in Jun 2022. Please report tomorrow which that stock is so that we record tomorrows price. Theory always much easier than action. I've done it and it has worked,and that is how I came up with the figure. This is not theory but action. The practice is as below; I bought KCB a year ago at Ksh.35,KCB is now trading at ksh.45.9,that is a return of 31.1%. If I remove commissions at let's say 5%,that is a return of 26%. Adding the ksh.1 dividend they paid,return goes even higher. 2020 to 2021 is covid rebound returns. Lets test with 2021 going into 2022. Pick a stock. When the prices become attractive. Buying requires a plan and strategy that includes timing. I definately play a different game.I buy and hold through thick and thin collecting dividends along the way. Dividends have kept me sane through the long bear market. To each with their own strategy. Exactly! One cannot proclaim that penny stocks are not tradable, while evidence suggests otherwise. The last time I checked buying and selling of real estate also comes with transaction costs. The bottom line is to make a decent ROI What you are doing with Real Estate does not meet the definition of trading.
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Rank: Veteran Joined: 6/2/2010 Posts: 1,089
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Stock trading is about buying and selling stocks for short-term profit, with a focus on share prices. Investing is about buying stocks for long-term gains. ... Trading and investing both involve seeking profit in the stock market, but they pursue that goal in different ways.
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Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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Wazua
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Housing Finance: HFCK a diamond in the rough
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