15% sounds good for a diversified portfolio where risk is spread...

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TwoFreshPlums

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03/08/23

21:17

Post #: 69146889
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Originally posted by DrowningNotWaving: ↑

Prunes,

to double in value over 5 years is 15% growth per year.

By your own maths (ie AUD140 of invested capital) and growth of an additional AUD160, that AUD140 has more than doubled in 4 years.

Not as much as we might like but not too shabby. The Future Fund has a goal of 6.5% abouve rate of inflation, which they generally hit. A "well performing" super fund runs about 8%.

Do your other investments do better than a "well performing" super fund? Or return more than 15% annually?

If so, outstanding work and maybe you should start an investment management company and have the world beating a path to your door.

my 2 cents, ymmv, dyor etc etc

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15% sounds good for a diversified portfolio where risk is spread over many blue chip stocks

although not bad (if you manage not to lose any money), i dont think 15% is a good return for just one high risk spec stock like CTM. not only do you have the concentration risk that one stock brings, but with CTM you have the added big risks like concentrating in only one metal (nickel), having a flagship project outside Australia, and the risk of a junior explorer attempting to transition into a medium cap mining house

i dont think i would enjoy any success as a stock picker given i saddled myself with CTM haha

CTM Price at posting: 79.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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