NAB 1.46% $38.18 national australia bank limited

anyone going long ?, page-14

  1. 2,627 Posts.
    sabretoothed...div return

    Hi S,

    NAB is interesting.If it does drop to $22 or lower I cannot see the div staying at the same rate.To have a bank share at 7.50% seems tooooooooo good.

    Even at the moment it is 6.30 % pa.

    Just wondered if we bought 10,000 NAB shares now would we be in front,say in 2 years time, up against someome who invested $260,000 in a property.

    Must be quite a dilemma for the baby boomers who are looking for a quick and safe fix as they hit their 60's.

 
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