Well, I've just discovered something even more shocking:
$20 cash invested at 6% in the year 1800 would have taken more than 30 years to gain just $100 and yet would have gained it's second $100 in only 12 years. Even more shockingly, it would now be gaining over $200,000 every single year. The chart is a perfect parabola!!!!!
I therefore conclude that cash investors are blinded bulls who should look for something safer to invest in.
a 10 year bear waits patiently, page-25
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Last
$64.59 |
Change
0.750(1.17%) |
Mkt cap ! $12.49B | |||
| Open | High | Low | Value | Volume |
| $64.52 | $64.75 | $64.14 | $4.207M | 65.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 31 | $64.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.59 | 280 | 13 |
View Market Depth
| Last trade - 13.18pm 29/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |