Re: Karachi stock trading advice
That is the ‘foreign investment’ you mentioned in your previous post. ![]()
Apart from that, I dont think he said that he can afford to lose this amount. He just said he can afford 1 million (along with his friend, which in itself is a big mistake in my opinion. Never invest jointly with a friend or a partner. Everyone’s happy so long as you are making money, but when you lose money, thats when the blame starts getting thrown around.)
Other than that, KSE is a highly manipulated market, and the high index value is not reflective of the market strength, or overall economy for that matter. The only advice I can give for an amount that ‘low’ is to park it in 2 or 3 blue chip firms, and make money from dividends. Dont focus too much on price appreciation.