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Investing Questions from a newbie
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guru267
#11 Posted : Thursday, January 28, 2010 9:03:21 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
trading in a bull market where the number of sellers is going down can get you seriously burned.. i think its best to look for a perfect stock pick(there are many out there) and ride the market momentum with it...

you may be willing to jump of one boat to another and the passengers of the latter boat dont have any space for you..
Mark 12:29
Deuteronomy 4:16
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muganda
#12 Posted : Thursday, January 28, 2010 9:07:55 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Alas @RichVee, one more answer about fluctuations:

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful".
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guru267
#13 Posted : Thursday, January 28, 2010 9:13:17 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@Rich Vee
if thats your strategy then i suggest you set specific target in terms of percentage rise for the counter to sell and stick to it.. the only problem with that strategy is that bull market can last for a very long time(the last one lasted five years)so you may never see your price fall again...

let me suggest that if your stock rises and you decide to sell some you should use the money to look for more oppurtunities in the market rather than waiting for the price of your current holdings to fall
Mark 12:29
Deuteronomy 4:16
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VituVingiSana
#14 Posted : Thursday, January 28, 2010 10:34:52 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
RichVee wrote:
@VVS - does it mean that you never sell, you only buy and hold?

Isn't it more logical to buy - hold till price accelerates- sell some and hold some for later selling after price is up up again - wait for price to fall down then buy again and repeat the cycle?


Read my earlier post...

'Buy & Hold'is NOT equal to 'Buy & Shut Your Eyes'

If the price outruns the fundamentals... then sell by all means... and when it returns to sanity, you should buy...

What Warren Buffett believes in is BUY using value as the yardstick not emotions... If you buy 'right' then you do not have to worry about selling...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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QD
#15 Posted : Friday, January 29, 2010 6:02:12 AM
Rank: Member

Joined: 8/5/2009
Posts: 597
really can we chose our investment stocks by the use of earnings quality, and how sustainable those earnings can go still being strong?
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
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RichVee
#16 Posted : Friday, January 29, 2010 6:50:57 AM
Rank: Member

Joined: 1/26/2010
Posts: 124
I have found this very helpful resource.

http://www.investmentguide.co.uk/shares1.htm

and the best bit so far (still reading..) was this and i quote from the source

*****Gerald M Leob, who made a fortune on Wall Street some 40 years ago, wrote: 'There is no rule about anything in the stock exchange save perhaps the one that the key to market tops and bottoms or the key to market advances or declines will never work more than once. The lock, so to speak, is always changed*********

And another *******Nathan Rothschild, when asked how he made his fortune, replied: 'By selling too soon.' ********

So for the other newbies (in investing) like myself, take heart. We will get there.
Tired of mediocrity. Am going to the very top!
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