I never thought CBA suited my investment profile, but I took $25k @ $65 during COVID. DRP’d the little sucker, now it’s like a money printing machine. I never would’ve thought it could be so easy. $10 - $100 in 20 odd years!!! Does that mean the next 20 year leg will run to $1000? If you bought $100k worth back in the day - prob cheaper than property at day time - had it set with DRP . You well and truly outperform the property market by a very big margin: And think about how little effort it took! No tenants, bills, maintenance, real estate fees, legal fees, and all the other mess that comes with property.
A prime example of why quality stocks will ALWAYS outperform property. Yet this country still remains convinced property is the bees knees. Lol. Suppose property is ok, there is worst, I.e term deposits & bonds.
$100 Mountain, page-55
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Last
$127.69 |
Change
2.800(2.24%) |
Mkt cap ! $213.6B | |||
| Open | High | Low | Value | Volume |
| $125.50 | $128.42 | $125.50 | $327.0M | 2.570M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 814 | $127.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $127.69 | 671 | 1 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| CBA (ASX) Chart |