VituVingiSana wrote:Ericsson wrote:My 2 cents wrote:For those of us who are keen on accumulating Safcom, it is frustrating that it never remains super low for meaningful periods of time. I was only able to get a handful below 21 before it galloped back to 22.55
You buy on the falling edge not on the rising.
What does that mean? An example will help
You put a price target when the share price is falling which becomes your entry price.
For example when share price was falling,and you had put a target of ksh.21 you would have got it.
Buying when the price starts rising is tough because of getting the supply.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle