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.
Magellan has actually reinvigorated my love for the property...
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Last
$10.54 |
Change
-0.340(3.13%) |
Mkt cap ! $1.812B | |||
| Open | High | Low | Value | Volume |
| $10.80 | $10.84 | $10.44 | $9.556M | 901.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $10.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.56 | 250 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| MFG (ASX) Chart |