MFG 0.48% $8.46 magellan financial group limited

Ann: Funds Under Management - May 2022, page-84

  1. 670 Posts.
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    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.
    Last edited by SaltyInvestor: 08/06/22
 
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$8.46
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$8.42 $8.49 $8.42 $426.9K 50.60K

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No. Vol. Price($)
9 532 $8.45
 

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Price($) Vol. No.
$8.46 397 6
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