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
$60.90 |
Change
-0.470(0.77%) |
Mkt cap ! $11.80B | |||
| Open | High | Low | Value | Volume |
| $61.08 | $61.08 | $60.58 | $14.59M | 239.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8 | $60.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $60.92 | 16584 | 6 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |