WTF wrote:buy sagicor shares...u goh double up in 3 years easy
^^ and you based that on what theory may i ask..... currently sagicor results may be misleading to a non investor eyes... they are takin heavy 'mark to market' losses in their equity portfolio which is not shown in this period... now if you take dat loss and place it against there current 'profit' it will not be much of a profit.... it would more look flat...
NML results came out today and it was flat... a mere 6%...
With the current state of the stock market, any 'recognised' stock is a good buy, dat is if you plan to hold for the 'long term' and by long term i mean, as the above states 3 - 5 years.....
But in these times it is hard to find ppl willing to put away large sums in de stock market, with the current low confidence in the system...
i suggest you place it in a mutual fund for now...