Pear,
I agree regarding the big wages they take. This is the case with all these large organisations and this will never change, as much as its wrong and i agree.
What have they done the last 10 years? They have filled up the pockets of shareholders.
What have all bank stocks done in the last 10 years then?? Most blue chips have done nothing over 10 years and there not even in the commodity cycle!! Blue chips are not a long term growth prospect and the share price tells the story for many over 10 years. In my opinion you cant control or predict the cycle boom and bust. All who paid peaks for MANY blue chip stocks have seen there so called "investment slashed". So much for an "investment"
Note BHP there comments are always "for an extended period of time" "for some time" always using broad words because things could sky rocket at any second and nobody will see it coming. We including the directors are speculating.
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Price($) | Vol. | No. |
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