I have been reading alot of articals on companies in start up phases, back 20 years ago. Alot of these companies that are still afloat have increased at a phenominal rate eg(If you have of invested $10k in Wallmart 20 years ago it would be now worth 20 million dollars!!!) What my question to you guys is do you think investing in an Australian company with a 25 year investment plan would work in this day and age and if so what sector or company would people look to invest in with a plan to hold and increase holdings on a monthly basis of say $1k. My ideal company would be nab, bhp, or ncp. Any Pros or cons on this theory would be much appriciated.
cheers.
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