Saturday, December 26, 2015

Growth vs Value: Where I'll put my money in 2016

In the first quarter of 2016, I hope to put more of my money (60%) in safe income securities like short term mutual funds and treasury bills. This I believe would give me enough time to make some important financial decisions in my life.

In terms of stocks on the Ghana Stock Exchange:

In 2015, Aluworks (ALW) was my greatest gainer (about 138% gain) whiles UTB was my greatest loser (about 52% loss).  I'm looking at buying more of UTB in the first quarter of 2016 before it gets to 0.12p. It's currently trading at 0.10p per share.
GCB Bank, Benso Oil Palm Plantation (BOPP), HFC Bank  and PBC surprised me alot in 2015 hence and they made it to my wish list for the 1st quarter of 2016.
In my opinion, PBC should not be trading at 0.09p per share. Its year high is 0.13p. I'm looking at PBC climb to 0.20p by the end of 2016.
Secondly I hope BOPP which is about Ghs 2.5 now climb to Ghs 5.00 in 2016. Its year high in 2015 is Ghs 5.01 and honestly I think it should be trading around Ghs 4.5.
GCB is one of my favourite stocks on the Ghana Stock Exchange. It had a bad year with a year low of Ghs 3.69 and a year high of Ghs 5.82. In my opinion, it should be trading around Ghs 5.00. In 2016, I hope to buy more of GCB regardless of how it ends the year 2015.
HFC is also closing in 2015 with a 0.78p with a year high of ghs 1.72. It surprised me in 2015 though, however I still have confidence in it.
SIC is one particular stock I am monitoring closely and hope to decide on it in the first quarter of 2016. 
Buy No Matter What:
There are 3 Stocks on the exchange I won't hesitate to buy in 2016 regardless of their numbers and they are Enterprise Ghana ltd ( EGL), Standard Chartered Bank (SCB) and GCB Bank.

Wednesday, December 23, 2015

Self Improvement Project: Working on yourself for a brighter future

Most people are just spectators in life. They just sit and watch. Most people go through life running scared. They avoid the arena where the fight is. Most people are afraid of getting dropped or beaten. But one thing you should know is that, wherever you on the field or on the sideline you're going to be drop anyway, so at least get dropped for something. 
In the year, 2015, How much time have you spent working on You? How much time do you spend every day working on your dreams? In the last 90 days how many books have you read? In the last year what new skill have you acquired? What kind of investment have you made in you? Things are changing so fast and if you want to make it you need to literally understand still. You have to make some conscious effort to work on you.
The big question is, what is your life purpose? How much time do you have left? Find out what your dream or purpose is and just do a little bit of it in a day. We have so many thoughts or ideas in a year that if only we act on one or two, we would have been more successful by now.

Keep improving yourself. 

Merry Christmas and a Happy New year

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