Cde Monomotapa wrote:I see U are refferring to mostly income. That's fine. I need a combination of both high yield & growth which are mostly found in bear markets..since I am still literally young (under-30). And if I found someone investing my funds outside Sub-Saharan Afrika, he'll need a doctor and I a lawyer.
High Dividend yield stocks always grow moderately. Nobody wants to buy a stunted stock.
In US market precisely on April 4 I bought age old saturated blue chip intel (NASDAQ:INTC) at USD 19.40 per share. It has yielded a quarterly dividend of 18 US cents twice but in addition the current price is USD 22.60, a 16% gain in US market term is a good one in virtually 3 months.
It depends on ones investment model, I do not say you should follow my style or outrightly condemn me as we have different investment approach to the market. It is not a matter of age (I am 49), but that of style that is developed with experience. I started as a speculator but I could not sustain it, this model from my experience is sustenable.
As you are looking forward to KCB price, I am preparing to buy it circa 20 bob (more or less).
Different strokes for different folks. But if that does work there is always another opportunity on high yield blue chip counter.
A lot of exchange of info between you and me today.
Cheers and Regards.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .