obiero wrote:hisah wrote:Ebenyo wrote:obiero wrote:Ebenyo wrote:maka wrote:I think i work too hard for my money and I would never gamble with it...Without a doubt investing in a proper company with sound fundamentals always pays...case in point scom...guys who have been in BAT and a few other companies...If you want a steady string of income for the long term invest in such but if you like the thrill thats akin Russian roulette...KQ is the one.
Sometimes you wonder that there are shareholders in companies like express,marshalls and others.Why someone is still their is a puzzle.
It's called trading..
trading doesnt pay much.Its the same with gambling.With you i understand why you are in KQ.i understand why vvs is in kk.But i feel for those who just follow the crowd.They are in kq because obiero says its good.They are in kk because vvs says its good.They are in Rea vipingo because Ebenyo says its good.
That blanket statement is erroneous. Trading is not gambling. Do research on professional trading. Preach @hisah
Longterm investment pays much better than speculative trading.Someone who began investing with a longterm view in BAT,Standard chartered bank,Bamburi and Eabl 40 years ago is now rich.These stocks were the blue chip at their time.BAT in 1967 was ksh 1 per share!
KQ in 1996 was a valuable stock at an IPO price
of kshs 11.But corruption,poor management and shoddy deal with KLM has brought it down to its knees.I trust Michael Joseph.Hopefuly he gets good support and im sure he will do a good job their.
Towards the goal of financial freedom