I agree that it is an excellent time to buy during these market corrections and in fact I did buy BHP in 2020 at $24. The difference is that my BHP investment is currently up 95% whilst WAM is only a few percent above it's covid crash low. If you bought WAM during the recovery of the covid dump, you were buying in the $1.80s and thus, a 15% capital loss on your investment as of today. How can you compare the two? Your other point which I totally agree with is 'same philosophy with stocks as long as they are well chosen'. I can't say WAM fits into a well chosen category.
Ann: Results of 2022 Annual General Meeting, page-30
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Last
$1.61 |
Change
0.010(0.63%) |
Mkt cap ! $1.792B | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.61 | $1.59 | $1.183M | 738.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 113188 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.61 | 66272 | 1 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| WAM (ASX) Chart |