Yep long way to go in cash terms and happy to wait another 2 to 5 years if that's what it takes just remember my figure of $30 will give me over $10mill.
For example generally you have to wait 10 years for a property to double in price
I could not buy a 5 million dollar property interest would kill me,
the houses i buy are generally $450,000 to $600,000 now to wait 10 year to double is a long time for a fraction I will make with RAC.
Yes small risk but reward is huge.
RAC - Charts & Price Action, page-19206
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Last
$1.70 |
Change
0.000(0.00%) |
Mkt cap ! $289.7M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.70 | $1.66 | $85.03K | 50.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21581 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 4979 | 4 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| RAC (ASX) Chart |