Legume, you missed my point, you said
That's fine Rabbit.
Originally you asked why I'm against "people making money" and you now gave an example of "you" making money. So it's quite simple math, if zero money is added into circulation, then every time you make money, somebody else loses an equivalent amount of money, so the net result is that the "people" make nothing
What i meant is "why do you go on to forums of companies where people are making money (and no-one who bought a share in MFG last year has lost ANY money unless they sold)
and tell them not to buy any that it is over valued? are you that sour that you missed out?
Baring any world wide catastropies (like Iran getting the bomb), i can't see any body who buys MFG even at today's prices losing money if they hold long enough (unless they buy a short.
P.S. less people are now living in cardboard boxes BECAUSE people bought houses for $100 000 and sold for $200 000
Capitalism is a good thing and it has gotten more people out of poverty than charity.
Cheers
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MFG
magellan financial group limited
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$10.82

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Last
$10.82 |
Change
-0.010(0.09%) |
Mkt cap ! $1.860B |
Open | High | Low | Value | Volume |
$10.76 | $10.84 | $10.68 | $2.506M | 232.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1672 | $10.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.85 | 829 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1672 | 10.760 |
1 | 3851 | 10.750 |
1 | 2225 | 10.730 |
3 | 6750 | 10.700 |
1 | 1000 | 10.600 |
Price($) | Vol. | No. |
---|---|---|
10.850 | 829 | 4 |
10.880 | 1050 | 1 |
10.890 | 1200 | 2 |
10.900 | 5350 | 3 |
10.920 | 3000 | 1 |
Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
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MFG (ASX) Chart |