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22/02/17
21:10
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Originally posted by pete11
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Hi guys
Does anyone own this one or is thinking about this one as an investment?
It follows the S & P 500 in the USA, its in US$ so if the US$ gets stronger the stock will go up
If the US$ gets weaker (the AUD$ gets stronger) the stock will fall.
Does anyone know if they have an AGM in Australia?
They pay a dividend as well, does anyone know if they pay using direct debit into your account?
thanks anyone.
Also looking at IXJ, IXI, IZZ all ETF's.
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I own it, have done since it was around the $130 level...but right now on all my metrics (CAPE / Buffett Ratio), it's way too expensive.
I agree 100% with Pete11 above. I'm waiting for it to come to a more realistic valuation and then pull the trigger on it.