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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Cde Monomotapa wrote:Doesn't help when investors respond to traders & vice-versa #tiring some people are just reading from books, armchair investors. Annoying. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Interesting how people are advocating for Tbills. It should be noted that Tbills have an inverse relationship with stock market prices, thus it is highly discouraged to lock your money in Tbills when the market is about to turn around, coz when the bulls come raging, the stock prices will inch upwards and the Tbill rates will eventually lower. In short, all the virtual gains you will have realized will be wiped out coz the stock prices will be substantially higher and the interest rates will be substantially lower. The only time it makes sense if any to get into Tbills is at the height of a bull market in anticipation of a bear!! Looks like there is alot of traders and speculators.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Aguytrying wrote:Cde Monomotapa wrote:Doesn't help when investors respond to traders & vice-versa #tiring some people are just reading from books, armchair investors. Annoying. you know its like trying to get Buffet & Soros to make joint decisions.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Cde Monomotapa wrote:Aguytrying wrote:Cde Monomotapa wrote:Doesn't help when investors respond to traders & vice-versa #tiring some people are just reading from books, armchair investors. Annoying. you know its like trying to get Buffet & Soros to make joint decisions. what is also suprising is individuals think they can trade in this market. By the time they are done stop loss'ing' their will be nothing left in their virtual portfolio. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Aguytrying wrote:Cde Monomotapa wrote:Aguytrying wrote:Cde Monomotapa wrote:Doesn't help when investors respond to traders & vice-versa #tiring some people are just reading from books, armchair investors. Annoying. you know its like trying to get Buffet & Soros to make joint decisions. what is also suprising is individuals think they can trade in this market. By the time they are done stop loss'ing' their will be nothing left in their virtual portfolio. Yup..no point running around, everybody has to get their shocks & suspensions tested in this life, the earlier the better coz it comes with an upgrade when U live through it 
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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I like this quote "These days, investing is like sitting in a prison cell awaiting execution" ...you build houses they get demolished, buy land you get conned, buy bonds you get losses, buy stocks at a bargain and they sink lower, import goods and the kenya shillings messes you up
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Rank: Member Joined: 11/21/2006 Posts: 608 Location: Ruiru
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mkonomtupu wrote:I like this quote "These days, investing is like sitting in a prison cell awaiting execution" ...you build houses they get demolished, buy land you get conned, buy bonds you get losses, buy stocks at a bargain and they sink lower, import goods and the kenya shillings messes you up  We hit the mattresses mafia style till the market is safe "..I am because we are. "― Ubuntu, Umtu,
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Elder Joined: 1/27/2011 Posts: 1,777
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I read this somewhere- If the economic crisis lasts any longer, there will be only 2 banks left:
1. The Sperm bank
2. The Blood bank
Once they merge, the new bank will be called: THE BLOODY FUC$$$ING BANK!!!
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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josiah33 wrote:I read this somewhere- If the economic crisis lasts any longer, there will be only 2 banks left:
1. The Sperm bank
2. The Blood bank
Once they merge, the new bank will be called: THE BLOODY FUC$$$ING BANK!!! Disgusting crap! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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