NAB 0.06% $36.19 national australia bank limited

Historically owning bank shares has outperformed having a...

  1. 307 Posts.
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    Historically owning bank shares has outperformed having a deposit with them. My thoughts on it is by adding to a core holding atm is I am reducing my average price, also I don't gear so I get to choose when to sell. At some stage in the future I will sell to maintain a similar core holding. Yes they could go cheaper but I don't know that for certain and at present they are certainly cheap when you look at their earnings ability.
 
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$36.42 $36.42 $36.02 $228.7M 6.305M

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1 20000 $36.15
 

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