I agree that it is an excellent time to buy during these market corrections and in fact I did buy BHP in 2020 at $24. The difference is that my BHP investment is currently up 95% whilst WAM is only a few percent above it's covid crash low. If you bought WAM during the recovery of the covid dump, you were buying in the $1.80s and thus, a 15% capital loss on your investment as of today. How can you compare the two? Your other point which I totally agree with is 'same philosophy with stocks as long as they are well chosen'. I can't say WAM fits into a well chosen category.
Ann: Results of 2022 Annual General Meeting, page-30
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Last
$1.54 |
Change
0.015(0.99%) |
Mkt cap ! $1.708B | |||
| Open | High | Low | Value | Volume |
| $1.53 | $1.54 | $1.53 | $511.2K | 333.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 54000 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 91669 | 1 |
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| Last trade - 11.51am 16/08/2024 (20 minute delay) ? |
| WAM (ASX) Chart |