If Wazua could add another rank, It would be good to have a Hero rank for you. You have strengthened my hope of hitting the bull's eye with persistent investing.Congratulations.

congratulations in order to you @slowandsteady.. Great encouragement there,, looking forward to fatten my portfolio to 8+ figures in Jesus name, Amen..

You don't get it @mnadii, do you??? He got there by not selling!!! Some fellows just engage zero sum business - and they are the busiest. Sell at 10% profit, buy, sell at 10% loss, buy, sell at 20% loss, buy, sell at 20% loss,.....

Net profit/loss = 0%.

How does Warren Buffet operate? He's on record as saying, "Our preferred holding time [for any stock] is FOREVER!!!".

Always ask yourself "Why did I buy this stock? Are those reasons still valid?". If your answer is yes, keep holding. If it is no (some drastic has happened/changed) you can sell.

Home work:

@mnadii (Others can help). Check at how much the people who bought Equity Bank shares(before listing - or even after listing [two answers here]) bought them at. Now do the math (include bonus & splits) and see how much (if they are still holding the stock) they have multiplied their money by. 10,000/= invested then is worth how much now.

Repeat the above for Apple!!!

Post answers here!!!

@mnandii, your sentiments are appreciated but over the years i have found that if you follow the wisdom of the Sage of Omaha you will not go very wrong in this investing business. I will try and share some of the vital lessons i have learnt over time but for now i will share some of my favorite quotes from Mr. Buffett.
1. In investing, returns decrease as motion increases (Lesson: keep the buying/selling to a minimum. I have bought shares every month and sold only once in 7years)
2. Our favorite holding period is forever (i would say me too)
3. “Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business whose earnings are virtually certain to be materially higher five, ten and twenty years from now. Over time, you will find only a few companies that meet these standards – so when you see one that qualifies, you should buy a meaningful amount of stock. You must also resist the temptation to stray from your guidelines: If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio’s market value.” (Lesson: be prepared for the long haul and ignore all predictions of doom)
4. “Over the long term, the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.” (Lesson: there will always be something to be worried about but stay invested anyway)

And finally, as they say "its the time in the market, not timing the market" that will determine if you win or lose in this business of investing. I intentionally left out the greedy when others are feasrful quote because i know thats class one knowledge to the folks on this forum.