Magellan has actually reinvigorated my love for the property market. Compared to MFG and shares in general, I put so much more money in property and paid so much less attention to my houses and over about 12 years, my family and I have a $3m+ property portfolio with all debt (~$1m purchase price) on track to be eliminated by year-end. Plus the stable, weekly rent is far superior to the fluctuations of share yields.
Shares IMO are just a massive headache - the daily attention they need is more than dating a high school drama queen. Best to just have a bit of S&P 200 + S&P 500 exposure, passive property investments and forget about the rest.
Ann: Funds Under Management - May 2022, page-84
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Last
$8.42 |
Change
-0.140(1.64%) |
Mkt cap ! $1.521B | |||
| Open | High | Low | Value | Volume |
| $8.52 | $8.53 | $8.34 | $4.998M | 594.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2816 | $8.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.43 | 162 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MFG (ASX) Chart |