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rymoh
#1 Posted : Monday, July 26, 2010 12:42:58 PM
Rank: New-farer

Joined: 7/21/2010
Posts: 5
what are the best stocks to buy right now as a beginner ? that is before and after the referendum.
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guru267
#2 Posted : Monday, July 26, 2010 2:45:56 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
rymoh wrote:
what are the best stocks to buy right now as a beginner ? that is before and after the referendum.

Buy Mumias, NIC, safcom, jubilee and so on....
But if you're a beginner you need to find information about stock investing and trading so you can know why i picked those counters
Mark 12:29
Deuteronomy 4:16
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the deal
#3 Posted : Monday, July 26, 2010 2:55:17 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Theres no short cut to success...take time to learn...
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winston
#4 Posted : Monday, July 26, 2010 3:18:20 PM
Rank: Member

Joined: 4/14/2010
Posts: 806
Location: Nairobi
Would suggest you take time to dig-up Wazua threads on any share you want to plunge into. It will give a generally good feel of what to touch and what not to touch.
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Cicero
#5 Posted : Monday, July 26, 2010 4:19:12 PM
Rank: Member

Joined: 7/7/2009
Posts: 111
rymoh wrote:
what are the best stocks to buy right now as a beginner ? that is before and after the referendum.


Kindly go through the threads and you'll have a relatively good idea of which shares to pick. There is that thread "Best Wazua Stock Analyst - 2010" where wazuans select the most promising stocks to invest in which can help you see which way majority of the contributors are leaning. But obviously it's best you do some research into every counter/counter before you buy into it. If you dont know it, dont buy it!

Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it...
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StatMeister
#6 Posted : Monday, July 26, 2010 5:36:01 PM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
rymoh wrote:
what are the best stocks to buy right now as a beginner ? that is before and after the referendum.


Watch the markets now, the pick some counters after August 4. Go for fundamentals, preferably growth stocks.

But first things first, I assume you are familiar with how the markets work . . . coz if you'll not . . .
A bad day fishing is better than a good day at work
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youcan'tstopusnow
#7 Posted : Monday, July 26, 2010 6:46:21 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
First get to know some basics. Visit sites such as investopedia, and jot down some pointers. I don't believe there is such a thing as 'the best stock for a starter'. The best stocks are also the best for experienced gurus. Check out companies with great management who have interests of shareholders at heart. And if you're just starting out, I wouldn't recommend trading but a long term strategy. Karibu wazua and make money
GOD BLESS YOUR LIFE
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robertyawe
#8 Posted : Monday, July 26, 2010 7:27:48 PM
Rank: New-farer

Joined: 7/20/2010
Posts: 37
Location: Nairobi
Hi,

Please be careful of who you are getting advice from, anyone who gives stock picking advice must be registered with the capital markets authority (CMA).

So those who are responding to the posting and are not registered as investment advisers are doing something illegal and could be charged.

Like in the biblical parable of the master and his three servants, the 3rd one was told that instead of burying his talent he should have at least have given it to the money lenders for a fixed interest return.

If you unwilling to exert yourself to learn about equity trading or investing then just put your money in a mutual fund or fixed deposit account
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Wa_ithaka
#9 Posted : Monday, July 26, 2010 8:06:22 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
Rymoh-welcome to the wazua discussion forum.
Use the google search facility above to see what various knowledgable or unknowledgable wazuans have written about various stocks and NSE in general.
My only piece of advice, your stock buy is just as likley to go up. As it is to go down. The difference will be when u buy it and how much u know when u buy it.

Hiyo ingine yote ni hot air...
The Governor of Nyeri - 2017
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tkzee
#10 Posted : Monday, July 26, 2010 8:13:25 PM
Rank: Member

Joined: 7/13/2010
Posts: 160
Location: rift Valley-Naks
robertyawe wrote:
Hi,

Please be careful of who you are getting advice from, anyone who gives stock picking advice must be registered with the capital markets authority (CMA).

So those who are responding to the posting and are not registered as investment advisers are doing something illegal and could be charged.

Like in the biblical parable of the master and his three servants, the 3rd one was told that instead of burying his talent he should have at least have given it to the money lenders for a fixed interest return.

If you unwilling to exert yourself to learn about equity trading or investing then just put your money in a mutual fund or fixed deposit account


How would you learn how to trade on stocks by investing in mutual funds??Besides,
there is good infor in wazua about stocks that could help a starter.
''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
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