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Why investing in the NSE is fool's gold and a waste
Rank: Member Joined: 3/1/2019 Posts: 170 Location: Nairobi
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hardwood wrote:I got into the NSE during the safaricom, Kengen, eveready IPOs. Then added NIC and KQ. Then safaricom went down to 2 bob and neveready died. Sold everything though still have some odd lots. I never want to hear about NSE upus again. Saves me the stress of watching prices, charts, prompt boards everyday.
Seems you made all the errors mentioned to be avoided in any investor's guide
Neve sell in panic and avoid emotions with investing
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Rank: Member Joined: 3/1/2019 Posts: 170 Location: Nairobi
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The NSE is going to rise up trust me... companies that are led by professionals and are taking advantage of the latest technologies and changing economic landscape like safaricom and kcb will thrive. forget the other bs companies with clearly questionable fundamentals or those that smell like political interference, any company that exhibit some kind of cartel-like behaviour are to be avoided too.
With that in mind, value and money is going to be made, I can guarantee that, even foreign investors are flocking in droves into NSE but their focus is the kind of companies I mentioned.
Watch this thread.
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Rank: Elder Joined: 12/7/2012 Posts: 11,937
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hardwood wrote:I got into the NSE during the safaricom, Kengen, eveready IPOs. Then added NIC and KQ. Then safaricom went down to 2 bob and neveready died. Sold everything though still have some odd lots. I never want to hear about NSE upus again. Saves me the stress of watching prices, charts, prompt boards everyday.
Got the statement of one of my cdsc accounts juzi - for August 2019, (reactivated coz of recent Kenya Re bonus issue), I just laughed. Some of the odd lots in there are crazy + useless. To imagine I once bought into the companies is just creepy.
#BlueChip - Max 4 companies; BAT, Safcom, Stanchart & Jubilee. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Take cover in Bitcoin...You can't go wrong in this one...A new game changer on the globe.  John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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Jumping from NSE casino to bitfraud is like dismounting a speeding car that is on fire into a massive lake of boiling lava and thinking you are extremely smart.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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MugundaMan wrote:
Jumping from NSE casino to bitfraud is like dismounting a speeding car that is on fire into a massive lake of boiling lava and thinking you are extremely smart.
Hakuna biashara haina changamoto lakini la muhimu ni kujua vile unakabiliana na cheche za kupoteza hela...
We apply Technical Analysis aka TA while wading through the murky 'lava' ...the end of the story money is made while idle investing in real estate is crumbling due to oversupply. In Mombasa I have seen unoccupied office spaces increasing each day...
Tafakari ya babu @MugundaMan John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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Spikes wrote:MugundaMan wrote:
Jumping from NSE casino to bitfraud is like dismounting a speeding car that is on fire into a massive lake of boiling lava and thinking you are extremely smart.
Hakuna biashara haina changamoto lakini la muhimu ni kujua vile unakabiliana na cheche za kupoteza hela...
We apply Technical Analysis aka TA while wading through the murky 'lava' ...the end of the story money is made while idle investing in real estate is crumbling due to oversupply. In Mombasa I have seen unoccupied office spaces increasing each day...
Tafakari ya babu @MugundaMan
No wonder when I asked rwitre to provide the fundamentals of Bitcoin for analysis, all he could do was post some crumbling links to Forbes the basic sum of which was "value of bitcoin is subjective." He did not even know the meaning of the term. But bleeding red on bitfraud is his expertise.
TA (whether for Equities, Debt or Bitfraud) is laughable voodoo science. This is why you hear of many FA billionaires but ZERO millionaires let alone Billionaires who made their money from TA in any of the three fields. TA is no different from how they used to mine for oil in Texas. A woman with loose britches would dance vigorously over a spot of land. Wherever her britches fell to the ground is where they would mine.
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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MugundaMan wrote:Spikes wrote:MugundaMan wrote:
Jumping from NSE casino to bitfraud is like dismounting a speeding car that is on fire into a massive lake of boiling lava and thinking you are extremely smart.
Hakuna biashara haina changamoto lakini la muhimu ni kujua vile unakabiliana na cheche za kupoteza hela...
We apply Technical Analysis aka TA while wading through the murky 'lava' ...the end of the story money is made while idle investing in real estate is crumbling due to oversupply. In Mombasa I have seen unoccupied office spaces increasing each day...
Tafakari ya babu @MugundaMan
No wonder when I asked rwitre to provide the fundamentals of Bitcoin for analysis, all he could do was post some crumbling links to Forbes the basic sum of which was "value of bitcoin is subjective." He did not even know the meaning of the term. But bleeding red on bitfraud is his expertise.
TA (whether for Equities, Debt or Bitfraud) is laughable voodoo science. This is why you hear of many FA billionaires but ZERO millionaires let alone Billionaires who made their money from TA in any of the three fields. TA is no different from how they used to mine for oil in Texas. A woman with loose britches would dance vigorously over a spot of land. Wherever her britches fell to the ground is where they would mine.
Different categories of people:
1. Flatearthers who believe the earth is flat regardless of what you show or tell them.
2. Anti-vaxx moms who believe the entire pharmaceutical industry is a scam, and vaccines will kill their kids.
3. Political fanatics who know that their party is all that matters, and differing opinions are useless.
Hold a conversation with any of these people, and you will learn your lesson on prioritizing the debates you want to expend your energy on.
MM, you share the same attributes as these people when it comes to investing, and are simply not worth the effort.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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rwitre wrote:MugundaMan wrote:Spikes wrote:MugundaMan wrote:
Jumping from NSE casino to bitfraud is like dismounting a speeding car that is on fire into a massive lake of boiling lava and thinking you are extremely smart.
Hakuna biashara haina changamoto lakini la muhimu ni kujua vile unakabiliana na cheche za kupoteza hela...
We apply Technical Analysis aka TA while wading through the murky 'lava' ...the end of the story money is made while idle investing in real estate is crumbling due to oversupply. In Mombasa I have seen unoccupied office spaces increasing each day...
Tafakari ya babu @MugundaMan
No wonder when I asked rwitre to provide the fundamentals of Bitcoin for analysis, all he could do was post some crumbling links to Forbes the basic sum of which was "value of bitcoin is subjective." He did not even know the meaning of the term. But bleeding red on bitfraud is his expertise.
TA (whether for Equities, Debt or Bitfraud) is laughable voodoo science. This is why you hear of many FA billionaires but ZERO millionaires let alone Billionaires who made their money from TA in any of the three fields. TA is no different from how they used to mine for oil in Texas. A woman with loose britches would dance vigorously over a spot of land. Wherever her britches fell to the ground is where they would mine.
Different categories of people:
1. Flatearthers who believe the earth is flat regardless of what you show or tell them.
2. Anti-vaxx moms who believe the entire pharmaceutical industry is a scam, and vaccines will kill their kids.
3. Political fanatics who know that their party is all that matters, and differing opinions are useless.
Hold a conversation with any of these people, and you will learn your lesson on prioritizing the debates you want to expend your energy on.
MM, you share the same attributes as these people when it comes to investing, and are simply not worth the effort.
A good summary who MM is.
 John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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Again, when unable to respond cogently to the issues raised by MM about your voodoo science, 1) respond with garbage sideshows of zero substance, or 2) ATTACK his person or better yet, 3) Seek to get him BANNED from Wazoo.
My ribs! 
Spikes and rwitre have still not told us why, If Bitcoin is such a "profitable" enterprise with crazy high returns.
1. How come there are no known bitcoin multimillionaires/billionaires in Kenya?
- The ones on the NSE are all known
- The ones in real estate are all known
You would assume if Bitfrauders are making 1000% returns per annum, they could start with 100k and become billionaires through compounding in a few years right? Waaaapi? Some of these chaps do not even own a decent mkebe of a car let alone any delusional bitcoin "profits"
Could it be because Spikes and Rwitre are bleeding red daily in their bitfraud portfolios and the only place where their phantom profits are taking place is in their minds?
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Why investing in the NSE is fool's gold and a waste
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