Investing in Stocks
One of the best methods of safeguarding and multiplying your savings or investing a windfall or unexpected money is through the stock exchange particularly the Nairobi Securities Exchange (NSE). The NSE is a very small market with only 64 counters. The listed companies are called counters in the stock market language. Of the 64 companies listed, there are about 25 counters which are active. Safaricom controls more than half of the activity in NSE. Do you remember the much-hyped Safcom IPO after the 2007 bungled general election? I am one of the naive investors who invested in the counter in readiness for a huge financial gain without any due diligence. It is note-worth stating that a lot of money is made at the NSE daily by smart traders. The activity there is purely a market activity. Buying and selling stocks Those with shares come to sell and those who want to buy (otherwise called speculators or investors) come to the market to see what is on offer and place ...
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