Monday, October 5, 2009
Prudent investing.
The financial crisis has spelt doom to many investors across the world and poor Kenyans were not spared by the tumble with contagion flying its wings all over.Most Kenyans who had invested in the market have been tied not interested in making kills but actually recouping their investment and exiting the market. Many investors are talking about diversifying ones own investment but does this really work? throwing hard earned money here and there without any advice or analysis hoping not to be the sheep which did not cross ,No!lets put an end to euphoria investing ! i believe the key to successful investing is properly doing ones homework and investing in opportunities keenly identified and analysed for example if i was to invest in the real estate sector e.g the Bora REIT-real estate investment trust, a noble investment , a good understanding of the property market would be important towards assisting me make an investment decision. The property market is very lucrative and with a low capital outlay one may be able to get in and reap handsome returns over a long investment horizon.By properly analyzing such an investment, one monitors closely and can watch his/her wealth grow! and of course eat humbly the sour fruits that may go along with it.
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