KGN 1.77% $4.32 kogan.com ltd

It seems that people are shopping for luxury goods and there is...

  1. 1,307 Posts.
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    It seems that people are shopping for luxury goods and there is no drop in demand for every day stuff, peeps have been putting away hoarding cash enjoying the high interest rates and spending is hot retail is actually doing great. Vicinity Centres report a big surge in spending equal to pre-pandemic levels at their shopping centres. I know my savings are plumped up and its so tempting to let them sit in the bank accounts instead of the stock market with capital growth unstable and inflation and interest rates spooking the market, dividends who knows, good for now but what will happen later in 2023 while bank interest is reliable and no capital at risk there, except from scammers, but we won't fall for them!! I am holding my KGN regardless SP going up or down, holding for the next few years, time will tell, patience will reward
    Last edited by VMG70: 15/02/23
 
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