Wazua
»
Investor
»
Stocks
»
New Year Resolutions
Rank: Member Joined: 4/19/2007 Posts: 68
|
Hi all, I have starting taking action of turning my portfolio around by selling off EVRD. http://i1299.photobucket.com/al...5jan2013_zps16f4065b.pngThis is my portfolio as it looks today http://i1299.photobucket.com/al...osummary_zpsae3c309f.pngand this is as it was on 7th Jan 2013 Selling EVRD caused be a slight loss but I believe this is the beginning of accepting the wise consul of one Abunuasi, "if it can give birth therefore you must accept that it can/will die". "A journey of a 1000 millions begins with the first step"
|
|
Rank: Member Joined: 5/2/2007 Posts: 536
|
Hiyo KQ..... wah. Pole sana
|
|
Rank: Member Joined: 4/19/2007 Posts: 68
|
Hi, It is interesting how with the changes I made to my portfolio by selling EVRD has balanced my portfolio across 3 sectors. Regards http://i1299.photobucket.com/al...rugraphs_zps18401bf8.png
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,120 Location: Nairobi
|
@stocksguru - Nice spread. Not my thing. The graphs are spiffy though. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Member Joined: 4/19/2007 Posts: 68
|
Hi, Thought I should share two events that took place last week that I am sure will have a major impact on my investing in the new year and beyond. 1. I was introduced to a book called "The Intelligent Investor" written by Benjamin Graham, this book gives much more than it is hyped to give and the fact that it was written in 1949 says a lot about investing being a science. In addition to the book I also got a 10 page synopsis which gives one the chance to delve into the teachings of the book immediately. For anyone who is serious about investing this book is a must own, read and markup. 2. The portfolio manager I use got a minor upgrade but what was introduced is not minor at all it is the feature that every arm chair investor needed, its an automated alert system that sends you a SMS when a preset condition is reached. http://i1299.photobucket.com/al...u/alerts_zps29f71d18.pngI normally spend one hour every morning going through the previous days market activities to get a feel of what might be happening, many times I have not been able to and those are the days when something major occurred in the shares I own. With this new feature, so long as my phone can receive SMS, I will never miss to be aware of anything relevant happening in the market. Now I hope the developers can alert me on announcements, as I have always missed those 10+/- movements in shares I own or are planning to invest in. The alerts can either be set against a general market condition or specific to my portfolio this means that the information I receive is relevant to my holdings so the premium rate SMS is worth more than the generic 411/6667/9982 services.
|
|
Rank: Elder Joined: 7/11/2012 Posts: 5,222
|
Which portfolio manager is this and where did you get it?
|
|
Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
|
@stocksguru, i'm glad you are now reading "The Intelligent Investor" by Benjamin Graham. I read it cover to cover many years back and I started picking companies to invest in the right way by first looking at the industry as a whole then the company as a whole and it's overall strategy and most importantly I learnt to control my emotions if the company is fundamentally sound forget about what the share price is doing until you realise fair value, if the company is overvalued by Mr. Market sell if it's undervalued buy.
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
mkonomtupu wrote:@stocksguru, i'm glad you are now reading "The Intelligent Investor" by Benjamin Graham. I read it cover to cover many years back and I started picking companies to invest in the right way by first looking at the industry as a whole then the company as a whole and it's overall strategy and most importantly I learnt to control my emotions if the company is fundamentally sound forget about what the share price is doing until you realise fair value, if the company is overvalued by Mr. Market sell if it's undervalued buy. This book also changed how i view stocks, just as you have said. Im so glad i read it. The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
|
@Stockguru, i just came across your thread today and decided to read it. All i can say is, you have a 'suicidal combination'. Just as someone said, START AFRESH, and not neccesarily in stocks. Receive with simplicity everything that happens to you.” ― Rashi
|
|
Rank: Member Joined: 2/18/2011 Posts: 448
|
@stocksguru, love the portfolio manager,who is your broker?
Lakini the stocks you have, KQ are reporting a net loss this year, Access are making a profit but ploughing it back into the business thus no dividend but perhaps bonus shares and mumias,well 2013 shall not be their best year because of sugar cane wars and cane shortage. All the best as you seek to improve your positions
|
|
Rank: Member Joined: 4/19/2007 Posts: 68
|
Thanks for the echo and in the same breath let me echo what I told someone else, if you have a better performing portfolio please share it with the rest of us. As Oliech or Drogba will tell you they are millions of arm chair strikers who earn nothing but they are both paid millions of dollars because they dared to walk onto the pitch, please step up. I promise that if you post your stocks portfolio I will post by fixed income and real estate portfolios. In closing, please do not judge a man by the state of his shoes dunkang wrote:@Stockguru, i just came across your thread today and decided to read it. All i can say is, you have a 'suicidal combination'. Just as someone said, START AFRESH, and not neccesarily in stocks.
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
@stocksguru. Is it necessary to post your financial details like you have done? its a bold step, but not one that you have to take. Purchase price and % loss, profit would suffice. My 2 zim dollars The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
Rank: Member Joined: 3/26/2012 Posts: 830
|
Stocksguru...you should borrow a leaf from one stocksmaster...he is the talk of town...beat the index in all his picks last year...certainly an above par investor...infact I liquidated my portfolio 3 months ago and used his 'yardstick' after slight modifications...so far I have also beaten the index in the 3 months in all my 3 counters. A successful man is not he who gets the best, it is he who makes the best from what he gets.
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,120 Location: Nairobi
|
@stocksguru ... Funny how one doesn't use or know of features even when they in front of you. Do you need a premium version of MyStocks for the alerts feature? What is the cost coz CDSC charges 10/- per SMS for confirmation of trades. I'd hate to get 100 alerts in a day! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Elder Joined: 7/11/2012 Posts: 5,222
|
stocksguru wrote:Thanks for the echo and in the same breath let me echo what I told someone else, if you have a better performing portfolio please share it with the rest of us. As Oliech or Drogba will tell you they are millions of arm chair strikers who earn nothing but they are both paid millions of dollars because they dared to walk onto the pitch, please step up. I promise that if you post your stocks portfolio I will post by fixed income and real estate portfolios. In closing, please do not judge a man by the state of his shoes dunkang wrote:@Stockguru, i just came across your thread today and decided to read it. All i can say is, you have a 'suicidal combination'. Just as someone said, START AFRESH, and not neccesarily in stocks.
Seems you've become a bitter man and only respond to comments you deem hurtful. @vituvingisana and I have asked you questions, is it too much to expect an answer?
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,120 Location: Nairobi
|
@mukiri - Pole. What are the questions you have for me? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Elder Joined: 7/11/2012 Posts: 5,222
|
VituVingiSana wrote:@mukiri - Pole. What are the questions you have for me? My bad. Mine was to @stocks.. who'd mentioned he has a manager (I'm assuming its a software) that sends out alerts. Wondering if its a wazua thing ama? Whats its name and where can it be sourced?
|
|
Rank: Member Joined: 4/19/2007 Posts: 68
|
@Mukiri, Sorry for not responding, it would be foolhardy to ignore a request from an elder, but I believe @vituvingisana was actually responding to your question. I have avoided indicating the product I am using because every time I mention it on Wazua it seems to cause a power outage on their servers and after resuming the post ends up either missing or moved to a different topic. The name of the product has become like the outlawed word in Russia that even the judge could not utter when sentencing an offending for fear of being charged. So as not to be seen to be disrespectful, I suggest you read this post immediately as it is unlikely to be left up for long. The product is called "myCDS Portfolio" and it is available on the mystocks.co.ke site. They have a demo of the product on live.mystocks.co.ke/portfolio/apply It has a direct link to my CDS account which means that I do not need to do much data input as all activity in my account is replicated into portfolio usually within 1 hour of the action taking place. Regards Mukiri wrote:stocksguru wrote:Thanks for the echo and in the same breath let me echo what I told someone else, if you have a better performing portfolio please share it with the rest of us. As Oliech or Drogba will tell you they are millions of arm chair strikers who earn nothing but they are both paid millions of dollars because they dared to walk onto the pitch, please step up. I promise that if you post your stocks portfolio I will post by fixed income and real estate portfolios. In closing, please do not judge a man by the state of his shoes dunkang wrote:@Stockguru, i just came across your thread today and decided to read it. All i can say is, you have a 'suicidal combination'. Just as someone said, START AFRESH, and not neccesarily in stocks.
Seems you've become a bitter man and only respond to comments you deem hurtful. @vituvingisana and I have asked you questions, is it too much to expect an answer?
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
How's the going @Stocksguru? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
|
|
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
|
murchr wrote:How's the going @Stocksguru? NSE busts 5k points. I hope @stocksguru you will be visiting your bankers soon (if not already!) Pesa Nane plans to be shilingi when he grows up.
|
|
Wazua
»
Investor
»
Stocks
»
New Year Resolutions
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|