Liv wrote:lochaz-index wrote:hisah wrote:Angelica _ann wrote:Ericsson wrote:maka wrote:https://www.centralbank.go.ke/uploads/treasury_bonds_prospectuses/1995993595_March%202017%20-%20TREASURY%20BOND%20PROSPECTUS.pdf
Under subscription very fast
That Interest rate is more like testing the waters
Some dividend yields are almost paying similar rates!!!
The headlines are now spotting that fund managers have moved into the treasuries market as equities are RIP. Do you know what happens when a trade/market becomes crowded...?
Stick with the hated equities... There is a lot of interest from newbies in the Tbill/bond market too. Another stock rout will kill all bulls and send them scampering to Tbills/bonds then the NSE20 bottoms out and the crowd is trapped in govt paper. Buying stocks now affords you a nice window where you won't chase prices and you are able to accumulate as much as you possibly can.
I thought you said you expect the bear to continue even after the elections.... Now you are advising people to buy stocks now and continue accumulating? What has changed? I still do, I think the bear has at the very least another year baked in it. That however is not a reason not to buy...the only difference is one's risk appetite. Right now, stocks are the ugly ducklings of the investing world in KE when juxtaposed with real estate or bonds.
For the long game, you buy (at rock bottom prices) when no one is interested in stocks and sit tight...when everyone else comes rushing in you sell to them.
The main purpose of the stock market is to make fools of as many people as possible.