CBA 0.25% $139.60 commonwealth bank of australia.

3 reasons to sell your cba shares, page-320

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    I have never understood why the yield chasers would pay $X to acquire bank shares at their peak to obtain a 7% yield without having regard as to how easy it would be to see a big SP retracement,as what happened today,to wipe out the whole years dividend income in a few days by way of a capital loss?
 
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