MFG 1.64% $8.42 magellan financial group limited

Why bother though? Instead you can just buy ASX 200 and go to...

  1. 670 Posts.
    lightbulb Created with Sketch. 186
    Why bother though? Instead you can just buy ASX 200 and go to sleep. ASX 200 provides the most rounded type of return - 9% p.a., with usually 50% of that being dividends. By buying just one thing, you save fees, you get 1 letter in the email, and on 1 form to input into your tax return. I feel like by buying a whole bunch of different things, you're going to sound smart but actually earn the same return because I assure you some of those will underperform and some outperform and balance out into an average.

    The S&P 500 and an investment property is what will give you generational amounts of capital growth. If you buy both those things as well you'll probably average out to 12% per year.
 
watchlist Created with Sketch. Add MFG (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.