Well, I've just discovered something even more shocking:
$20 cash invested at 6% in the year 1800 would have taken more than 30 years to gain just $100 and yet would have gained it's second $100 in only 12 years. Even more shockingly, it would now be gaining over $200,000 every single year. The chart is a perfect parabola!!!!!
I therefore conclude that cash investors are blinded bulls who should look for something safer to invest in.
a 10 year bear waits patiently, page-25
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Last
$64.65 |
Change
0.810(1.27%) |
Mkt cap ! $12.49B | |||
| Open | High | Low | Value | Volume |
| $64.52 | $64.75 | $64.14 | $3.974M | 61.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26 | $64.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.66 | 5 | 1 |
View Market Depth
| Last trade - 12.59pm 29/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |