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Treasury Bills Investing-Procedure?
Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Drunkard wrote: Lastly there is a difference between day-trading and investing, research has shown that buy and hold in the long run make more money than day trading and also in average day traders loose money!
Leo Drunkard hako keroro, umesema ukweli kabisa!!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Nabwire wrote:Drunkard wrote: Lastly there is a difference between day-trading and investing, research has shown that buy and hold in the long run make more money than day trading and also in average day traders loose money!
Leo Drunkard hako keroro, umesema ukweli kabisa!! 
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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Cde Monomotapa wrote:Nabwire wrote:Drunkard wrote: Lastly there is a difference between day-trading and investing, research has shown that buy and hold in the long run make more money than day trading and also in average day traders loose money!
Leo Drunkard hako keroro, umesema ukweli kabisa!!  10K Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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20.799%. Last Thursday's Auction for non-competitive bids for the 91 days bill. Up & rising. MOF are contemplating of going to the international markets for funds but i think that this year being an election year, i don't think the yield on any debt they'll issue will fully fulfill foreigners risk appetite. 'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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erifloss wrote:20.799%. Last Thursday's Auction for non-competitive bids for the 91 days bill. Up & rising. MOF are contemplating of going to the international markets for funds but i think that this year being an election year, i don't think the yield on any debt they'll issue will fully fulfill foreigners risk appetite. This thing could hit 27% before we know it,I am glad I am dipping in it in batches of 100K at least every fortnight! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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Impunity wrote:erifloss wrote:20.799%. Last Thursday's Auction for non-competitive bids for the 91 days bill. Up & rising. MOF are contemplating of going to the international markets for funds but i think that this year being an election year, i don't think the yield on any debt they'll issue will fully fulfill foreigners risk appetite. This thing could hit 27% before we know it,I am glad I am dipping in it in batches of 100K at least every fortnight! Myself i've been spreading at 200k every fortnight and the returns are sweet. Started at around October on the 91 day paper though i was already in bonds and had my first rollover last week while some guys were and are still 'averaging down' on stocks. 'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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erifloss wrote:Impunity wrote:erifloss wrote:20.799%. Last Thursday's Auction for non-competitive bids for the 91 days bill. Up & rising. MOF are contemplating of going to the international markets for funds but i think that this year being an election year, i don't think the yield on any debt they'll issue will fully fulfill foreigners risk appetite. This thing could hit 27% before we know it,I am glad I am dipping in it in batches of 100K at least every fortnight! Myself i've been spreading at 200k every fortnight and the returns are sweet. Started at around October on the 91 day paper though i was already in bonds and had my first rollover last week while some guys were and are still 'averaging down' on stocks. Even if the averaging price approaches that one of paka. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Member Joined: 11/26/2009 Posts: 67 Location: Pare pare
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@erifloss,impunity et al Was looking for info on how to purchase t-bills without the hustle of going to cbk (for special cds a/c opening & filling in the forms) since I work far from town. Found a solution with cfc stanbic, all I need to do is open an account with them and request them to purchase the t-bills for me,the money gets debited from my account. They charge a commission of 0.139% they say. Anyone using them? Hug the bear....ride the bull.....di$mount!!!
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Rank: Veteran Joined: 11/11/2006 Posts: 972 Location: Home
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Nabwire wrote:And Hisah 20% by end of March? Tbills will yield 5% by the same time. Apples & Oranges? Well, to me, KCB has yielded a net of 24.33% from 29th November 2011 to 30th January 2012. Comrade CDE, Loar!!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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holycow wrote:Nabwire wrote:And Hisah 20% by end of March? Tbills will yield 5% by the same time. Apples & Oranges? Well, to me, KCB has yielded a net of 24.33% from 29th November 2011 to 30th January 2012. Comrade CDE, Loar!!
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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Amana Money Market Fund is paying 21%; where are they putting the money? Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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holycow wrote:Nabwire wrote:And Hisah 20% by end of March? Tbills will yield 5% by the same time. Apples & Oranges? Well, to me, KCB has yielded a net of 24.33% from 29th November 2011 to 30th January 2012. Comrade CDE, Loar!! Kudos @holycow. Cash out now or you'll wait till end of Q1 - March 31st. Can u hold till end of Q1 we compare notes...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 12/23/2010 Posts: 1,229
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holycow wrote:Nabwire wrote:And Hisah 20% by end of March? Tbills will yield 5% by the same time. Apples & Oranges? Well, to me, KCB has yielded a net of 24.33% from 29th November 2011 to 30th January 2012. Comrade CDE, Loar!! Paper Gain vs Real Gain
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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hisah wrote:holycow wrote:Nabwire wrote:And Hisah 20% by end of March? Tbills will yield 5% by the same time. Apples & Oranges? Well, to me, KCB has yielded a net of 24.33% from 29th November 2011 to 30th January 2012. Comrade CDE, Loar!! Kudos @holycow. Cash out now or you'll wait till end of Q1 - March 31st. Can u hold till end of Q1 we compare notes... Holycow!İ! You are a bottom picker, or was it just luck¿ Am sure most Cde's(read kcb holders and die hards) are not with you at that level of gains
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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mwekez@ji wrote:hisah wrote:holycow wrote:Nabwire wrote:And Hisah 20% by end of March? Tbills will yield 5% by the same time. Apples & Oranges? Well, to me, KCB has yielded a net of 24.33% from 29th November 2011 to 30th January 2012. Comrade CDE, Loar!! Kudos @holycow. Cash out now or you'll wait till end of Q1 - March 31st. Can u hold till end of Q1 we compare notes... Holycow!İ! You are a bottom picker, or was it just luck¿ Am sure most Cde's(read kcb holders and die hards) are not with you at that level of gains tihihi...he can laugh now, and I will laugh louder later.
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