in the future there will be little capital gain, if there should be a crash, then we will hear the “told you so crowd” finally have something to talk about.
those of us that paid nothing don’t care, we won’t ever sell, and chances are we will at least still = market returns.
In other words winging about the high price is a waste of time. l will try to be more restrained in 10 years when we hear the same lines “buts it’s overpriced”
when CBA CSL BHP WOW is overpriced the holders over the decades don’t care, they are never selling and they will probably still be outperforming the professionals.
when considering the opportunity cost of money chance are most investors are 2/5 likely to buy duds to replace CBA anyway - unless they buy index funds
CBA Price at posting:
$165.12 Sentiment: None Disclosure: Held
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