MFG magellan financial group limited

Ann: Funds Under Management - May 2022, page-84

  1. 670 Posts.
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    Magellan has actually reinvigorated my love for the property market. Compared to MFG and shares in general, I put so much more money in property and paid so much less attention to my houses and over about 12 years, my family and I have a $3m+ property portfolio with all debt (~$1m purchase price) on track to be eliminated by year-end. Plus the stable, weekly rent is far superior to the fluctuations of share yields.

    Shares IMO are just a massive headache - the daily attention they need is more than dating a high school drama queen. Best to just have a bit of S&P 200 + S&P 500 exposure, passive property investments and forget about the rest.
    Last edited by SaltyInvestor: 08/06/22
 
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Last
$10.56
Change
-0.130(1.22%)
Mkt cap ! $1.816B
Open High Low Value Volume
$10.50 $10.56 $10.34 $5.971M 569.2K

Buyers (Bids)

No. Vol. Price($)
1 1609 $10.52
 

Sellers (Offers)

Price($) Vol. No.
$10.57 1481 4
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