A point I am making is that if or when the share price falls, if you haven't sold any shares at this level then you haven't gained a thing.
Buying around $150 will leave you with a low yield & little prospect of any significant capital gain because of flat earnings. As an investment for an individual, it is a dud because you can get locked into a share with low yield that can have capital depreciation which can be greater than appreciation.
I have sold over 2,000 CBA from Super Fund with no liability for CGT & bought 500 @ $126.85 that do attract 100% of CGT if sold before Aug 2025. That is the only reason I have not sold them all.
5.15% P.A. at call in a bank account, paid monthly is better than 3.05% with CBA, paid 6 monthly.
CBA Price at posting:
$151.71 Sentiment: Sell Disclosure: Held
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