CBA 1.39% $132.74 commonwealth bank of australia.

Bro,, I agree with 90% of what you saying because it's...

  1. 177 Posts.
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    Bro,, I agree with 90% of what you saying because it's true.
    It is tough times for many people but every cloud has silver linings.
    For example.
    #Credit card usage is up.. big profits
    #Deferred home loan payments may add up to $50,000 extra interest paid over the term of the loan
    #banks were way oversold
    #Governments worlwide pumping Trillions into the markets.

    I'm Long , from $59,, 3 weeks ago.
    Where did I come from?? A warehouse, as a pick/packer.

    Thanks to Scomo, I'm cashed up as many people are..
    Lots of small time investors are entering markets now.
    Boom !!!
    People were scared,, thinking Bear Market Rally..
    Prices show , Covid 19 was the shortest bear market history and it was just a dip in a 12 year bullmarket.

    CBA will Zig Zag, in Ranges but $85 is very possible by August 2020 if CBA pay a final Dividend of $1.50 per share, and I believe they will.

    $90+ per share is possible before Christmas imo but more likely Jan-Feb 2021

    OTW I will be looking at buying more Call Warrants on trade Range pullbacks..

    For longer term investors, under $76 will be an awesome strategic buy in my opinion.
    Dividends + Capital Growth.
    4 investment groups exist.
    Cash, Shares, Bonds, Property
    Shares like CBA are the best long term investment at this point in time.
    my opinion only. thanks
 
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