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Stock market
abdiaziz
#1 Posted : Wednesday, February 29, 2012 10:31:57 PM
Rank: Hello

Joined: 2/28/2012
Posts: 2
Hi.I have been saving for the last two years and now i want to invest my hard earned cash, more in the stock market.I know nothing about the stock market but i only know of people buying shares and selling.can someone please advice me on which company to buy shares? and am I on the right direction?thanks.
guru267
#2 Posted : Wednesday, February 29, 2012 10:41:16 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
abdiaziz wrote:
I know nothing about the stock market.


Then stay very far from it until you learn some more.. Take a class or check out websites like www.investopedia.com
Mark 12:29
Deuteronomy 4:16
Aguytrying
#3 Posted : Thursday, March 01, 2012 12:02:56 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
guru267 wrote:
abdiaziz wrote:
I know nothing about the stock market.


Then stay very far from it until you learn some more.. Take a class or check out websites like www.investopedia.com


Yahoo answers: infinity number of users found this answer very useful.
The investor's chief problem - and even his worst enemy - is likely to be himself
QW25091985
#4 Posted : Thursday, March 01, 2012 7:41:00 AM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
guru267 wrote:
abdiaziz wrote:
I know nothing about the stock market.


Then stay very far from it until you learn some more.. Take a class or check out websites like www.investopedia.com


yep ! for once madam guru you have said something that makes sense
Jus Blazin
#5 Posted : Thursday, March 01, 2012 7:41:57 AM
Rank: Elder

Joined: 10/23/2008
Posts: 3,966
guru267 wrote:
abdiaziz wrote:
I know nothing about the stock market.


Then stay very far from it until you learn some more.. Take a class or check out websites like www.investopedia.com

Well, there are people who've made money from the stock market with very little info about it. And there are stocks gurus who've lost money in it. Advising someone to stay far from it is certainly not the way to go, no?
Luck is when Preparation meets Opportunity. ~ Lucius Annaeus Seneca
guru267
#6 Posted : Thursday, March 01, 2012 7:54:31 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Jus Blazin wrote:

Well, there are people who've made money from the stock market with very little info about it.


That is called GAMBLING... People do also make money in casinos dont they¿¿

Mark 12:29
Deuteronomy 4:16
Sufficiently Philanga....thropic
#7 Posted : Thursday, March 01, 2012 10:19:18 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
abdiaziz wrote:
Hi.I have been saving for the last two years and now i want to invest my hard earned cash, more in the stock market.I know nothing about the stock market but i only know of people buying shares and selling.can someone please advice me on which company to buy shares? and am I on the right direction?thanks.

Abdi Aziz, well there's no doubt you've made money! sold some oil? Haya wachana na @guru, you just hire me as your Financial advisor alafu leta hizo pesa!Laughing out loudly Laughing out loudly smile
@SufficientlyP
lovely2010
#8 Posted : Thursday, March 01, 2012 10:55:56 AM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
Abdul, why dont you put the money in treasury bills for now. Although the demand is really high @ the moment, but the interest is not that bad...treasury bills and stock market zinapelekeshana in opposite direction. When treasury bills rates are high, the stock market things are bad.
nikimani
#9 Posted : Thursday, March 01, 2012 12:12:32 PM
Rank: New-farer

Joined: 1/9/2012
Posts: 23
abdul, if you are interested in investing in unit trusts,drop me an email at nicholas.mwangi@oldmutualkenya.com . now that our equity fund has gained from 217 last november to 247 today, the money market from 8% to 13.72%. where is the lynch mob? i told you guys, its just a matter of timing.
jguru
#10 Posted : Thursday, March 01, 2012 12:24:56 PM
Rank: Veteran

Joined: 10/25/2007
Posts: 1,574
nikimani wrote:
abdul, if you are interested in investing in unit trusts,drop me an email at nicholas.mwangi@oldmutualkenya.com . now that our equity fund has gained from 217 last november to 247 today, the money market from 8% to 13.72%. where is the lynch mob? i told you guys, its just a matter of timing.


Unit Trusts? Old Mutual? HECK NO! Shame on you
Set out to correct the world's wrongs and you will most certainly wind up adding to them.
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