Wondergirl wrote:MaichBlack wrote:Most people are regretting not buying Safaricom at 2.xy
Most shares are trading at a discount at the moment but a majority are afraid to buy. In a couple of years, people will be regretting not buying all these shares. Mark my words!! I will probably unearth this post when people start wishing they bought share a, b , c at Kshs. xy in 2016/2017.
Identify shares that are trading at a discount and align with your investment philosophy and start buying like crazy - between now and December 2017. My free advice.
@ Maichblack,
I don' want to be one of those. Please advise what I can pick now? Safaricom, is it wise to pick it now?
@Wondergirl - At the moment, there are shares that are more discounted than Safaricom.
I will gradually load up (more - mimi ni member) on Housing Finance. I am carefully watching KCB but not yet pulled the trigger. If somehow Equity Bank goes down, I will be buying (more - niko ndani ya bus) but for now watching...
If you want to start buying today, I would say start with Housing Finance.
But I hope you are a long termer. In the short term the price(s) might go down before it finally goes up. Remember you cannot really time the market!
Also, read other threads like "bear wishlist" so that you can hear the opinions of other wazuans before you make up your mind.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.