Ideally ARG is the kind of stock you want to buy and never sell. The same applies to MLT, CHO, AUI, DUI etc.
Certainly with a few grand to invest, a LIC is a good option because it provides instant diversification at very low cost, with stable and reliable management and regular fully franked dividends, as well as the opportunity to invest off-market (usually at a small discount) through the share purchase plans.
That said, if you're looking to invest for only 1 year, the sharemarket might not be an appropriate place to do so, because the short-term fluctuations in share prices (even in LICs) can mean that you may lose a significant chunk of your capital. Investing over a longer period is certainly a safer bet when it comes to shares.
You may also wish to consider hybrid securities, which fit somewhere between equities and debt securities; these pay a 'dividend' which is effectively an interest payment on money you have loaned to a company; however, the price of these securities can fluctuate like share prices. I hold SEVPC which I still think is an attractive security despite what's going on with Seven at the moment, but others may be able to suggest other hybrids worth considering.
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Last
$8.81 |
Change
0.120(1.38%) |
Mkt cap ! $6.706B |
Open | High | Low | Value | Volume |
$8.69 | $8.81 | $8.68 | $2.581M | 295.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 425 | $8.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.81 | 2084 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 425 | 8.760 |
3 | 23195 | 8.750 |
4 | 37722 | 8.740 |
1 | 1484 | 8.720 |
2 | 153 | 8.700 |
Price($) | Vol. | No. |
---|---|---|
8.810 | 2084 | 2 |
8.850 | 11041 | 4 |
8.880 | 3995 | 2 |
8.900 | 7850 | 5 |
8.910 | 2000 | 1 |
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