WAGUMA wrote:Av been studying the price movements of several counters in the past month and av realized that its a little bit tricky to get a good gain on them considering the fact that the transaction fees will eat up part of the capital gain.
I had in mind NMG,EABL,DTB & Equity.I might still speculate on them but al increase my duration.
@Gordon gekko & Invest0r,i agree on the T-bills.The rates are the best so far but i believe that there are better investment options.
If you have a loose 1million or more,try commercial papers...nakumatt is a good one tho aint sure if they still need money.
@ Waguma..How does one trade on commercial papers here in kenya? en which companies have traded in them and how was the performance
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence