if you have a million in cash you will get 2.5% - 3% p/a return - if you want to go all in and buy the bank rather than put you money in it you could buy a million $$ worth of CBA and get closer to 7% return but they went from $80 to $25 in the GFC so risk to your capital increases even with a blue chip bank stock
Super funds returning average of 10% p/a over a decade are doing better than 90% of day traders with relative low risk given the diversity.
investors who went all in A2M at $2 or lower have indeed won lotto but these stocks can and do suffer from Black Swans as the roller coaster chart below shows.
The recovery from $3.50 seemed very unlikely at the time !
Chart update, page-7942
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Last
$5.61 |
Change
-0.020(0.36%) |
Mkt cap ! $4.061B | |||
| Open | High | Low | Value | Volume |
| $5.69 | $5.74 | $5.60 | $10.03M | 1.776M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4199 | $5.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.64 | 2719 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |