rogersha82 wrote:Hello great investors. I'm roger a University student seeking to start off my first real stok trading. I've saved up 20k and was wondering what stock to invest in probably for long term sake. A friend had tipped me on Co-Op. If it were you what would you invest in. . . Advice please Thanx
@Rogersha82
Basing my argument on fundamentals and on the ground research we have done, I would advice you get into TPS Serena. With 20,000 and at a price of 63, that should secure you at least 300 shares of Serena.
Avoid buying shares in odd lots, ie, although you can ask for 310 shares, avoid the 10 as they are an odd lot.
An odd lot has shares less than 100 irrespective of whether they are even or odd numbers.
For instance, when you will eventually require to sell, it will be easy to sell the 300 shares but very hard to sell the 10 shares on top unless you plan to acquire another 90 to make it 100 shares.
Note: odd lots are sold at throw away price.
Welcome to the thrill of the stock market. That is where I saw my first 1 million kenya money.
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own