Buy today, sell by month end

[ABuzz]

I have a R100k which I would like to invest today, but need to cash out by month end. Any advice on what share/s I could buy which would give me growth by then?

[DCTrader]

Old Mutual instalments... OMO

[#3]

JDH... hehehe.. (that was a joke!!!)

[JohnnyCash]

Be sure to take into account the 7 days it takes for your cash to settle after a sale....

[#5]

SAB! It's going to run.

[#6]

Im with you on that one. just not sure how the market will react to the news about the intention to accuire Scottish and newcastle for $12 billion. Im sitting with 20% of my portfolio in sab shares and bought 30000 SABSBH last week. bout time the dog made a move

[SimonPB]

the boring but real answer is a bank account.

[trykid]

What about SIM or is it too late. Will SAB the better option between the two?

[SimonPB]

to elaborate further. With a trhee week view you're not gettign growth - you're gettign risk.

[#10]

datapro.......

[ABuzz]

Thanks for your conservative view Simon. I just thought if I invest in say 5 shares, each R20k, after brokerage etc (rounded) that's 1% either way (buy and sell), so if I get 5% growth even on 3 out of the 5 I will still be up by month end. And with the market in a general upward trend I think it would be plausible?

[#12]

and you could yet another correction and land 5% down... we have an interest rate decision coming up... the US is getting more upset with Irans continued dabbling in nuclear technology... eish... and to try pick the right shares hmmmm...

[Tango]

Your scenario is possible, but here is another one - we've had only 2 red days out of the last 15 on the Top40 index. We're right at the top of a well-established trading channel and a healthy correction is due soon. Look at the last correction - depth was about -8.5%, and played out over around 12 trading days. What do your calculations look like if the same thing happens again? Make sure you do not risk money you can't afford to lose. Or at least lose the distance to your stop level. What if your R100k is only R90k in 3 weeks time? I'm not saying don't do it, but don't go into this market all starry-eyed

[john_1]

I can see that you have already made up your mind, but you would be wise to reconsider and listern to the forum Pin up( Simon) , he has sage advise.

[SimonPB]

or if we have a crash and the R100k is only R50k in three weeks?

[Taurus]

Give it to me and i will give you R120 000,00 on 10/05/2007..the rest is mine...

[ABuzz]

Thanks Simon. i can afford the 8,5% correction if it played out, not your 50% crash scenario though, so advice heeded. Appreciate it!

[SimonPB]

ABuzz, that's the route to understandign risk. The what if and here we always focus ont he upside side neglecting the what if downside as well.

[#19]

and now for the k@k scenario, you dont buy shares and bank it in a money market account... (although if you have an access bond rather stick it there) murphys law (b1tch) says if you had your eye on a few possible share and dont go through with the transaction they will on avg rise 10% by month end...

[scandal]

ABuzz... if you feel that you cannt afford to lose the money then keep it in the bank. However if you have an appetite for risk then go for glory. No heores nor fallen heroes are made by sitting at home and watching telly. they are made out there in the trenches...