NearSaneIntelligentSaint wrote:Kenyan Insider wrote:Guys, if you had the opportunity to get in on this action before the listing would you take it?
I'm new here, so first of all hello to everyone. If I were to buy it would be my first official transaction at NSE since the only other one that I have done was to buy a friend some safcom shares. The money was his and not mine. I'm basically a mwananchi wa kawaida and know very little about this stuff. So instead of answering your question I will ask one. How does one go about choosing which shares to buy? I've also seen an advert about British American. It said one needs 18,000. I could get it but don't know if its a good decision. What do you think?
I am a Layman Like you and this are My 4 key lessons I learnt the hard way.
1.Do your own research .Five yr company results offer immense information on trends and future prospects of a company.
2.Experts/analyst are not always Right, but their insight, most of the time, shape the market.
3.Have a risk analysis tool that will give you a signal when ur shares/watchlist are experiencing some pressure.
4.Treat your investments like any other business use every metric available to analyse the strength of the companies you are investing in.
Those are My main lessons which I think are critical In investing in stock.There is another thread with other tips I cant remember the title.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3