The Space in your Portfolio.
There is a gap in our portfolio and we need to fill it, it takes time, but it should be done.
Hey Hisa Fan,
We all saw it yesterday, He finally did it! Richard Branson went to space yesterday with his select crew on Unity 22, the spacecraft that we all hope if of the future. He ultimately made history as the first billionaire to get to space! A title he will hold, and probably sell it for an NFT.
But the story of Richard and Space spans way back, as back as 17 years ago! And that propels us to today’s Hisa notes of filling the two main “Spaces” in your portfolio.
Time - Time is of the most important value if we ever want to get to space, literally. The time factor servers lots of importance in today’s investment space from many aspects, first off, it helps us in getting to know our asset allocation strategy, learning our risks among other aspects.
Remember earlier on Hisa, we spoke about timing the market which is the most important factor of any investment.
Knowing your scope of investments is also a fundamental aspect every investor should have, remember, long term investing and short term investments do not go hand in hand.
Strategy - Getting to develop a strategy takes time, but a good strategy will always save you time, a good strategy involves:
Asset Allocation - Asset allocation is the process of dividing your investment portfolio among different categories. The process is meant to spread your assets out over different forms of asset categories to give you the flexibility to invest in your own way. Asset allocation basically helps reduce sector exposure for you as an investor.
Diversification - A good portfolio is a diversified portfolio, so take it to the moon! If you want to fly, spread your wings to gain lift! For a portfolio to grow, you definitely want to spread your risk across board. A diversified portfolio means you have invested in stocks, bonds, real estate and cash. The ratio at which you invest in all of them is dictated by your risk appetite remember.
On Markets
The benchmark all share index of the Nairobi Securities Exchange (NASI) was on the uptrend this week, gaining 1.0% week on week to close the week at 175.22 points. This NASI now stands at 15.19% in year to date performance.
Investors were all in on CIC Insurance Group which gave returns of over 41% during the week! CIC Group had earlier in the week announced board changes which could be the backing behind the stock’s rally.
Crown Paints Plc for a second week running emerged as the week’s top laggard with a 26.7% decline in share price performance for the week. Crown paints is most likely having the liquidation effect brought about by the company’s recent action of having a right’s issue.
What Cowries are we collecting this week?
Zomato IPO - In the last few years, Zomato has gone from being a promising young startup to a burgeoning behemoth in India. From processing a mere 30 million orders in 2018 to processing close to 400 million orders in 2020. Zomato IPO kicks in this week and we will be hanging in to see how this company performs.
Virgin Galactic Holdings - Last week, we had a momentum on SPCE as investors braced for the launch which took place on Sunday. Today, we bring back Virgin Galactic to our cowries, we will be watching just how investors will be reacting to the company after they became the first company to officially launch civilians into space!
Virgin Galactic Holdings Share Price Chart [Tradingview] Kenya Reinsurance Corporation - Coming amidst board changes and the appointment of Mrs. Jenifer Karina as the new board chairperson. We will be looking at just what level of activity will shareholders be looking at. If anything in the insurance industry is to go by KNRE becomes the benchmark of activity in the insurance space in the local market.
How about you? What are your cowries for the week?
Let us know on the Hisa App. Get Hisa from Google Playstore or App Store on iOS and join out community of investors.