For the next 6 months your CBA holding will be earning you nothing.
Having sold a large portion of my CBA shares, I am now receiving income at 5.15% p.a. with the proceeds & have the option of re-investing in CBA when the price falls or selecting other stocks when the whole market retraces.
Knowing when to sell overpriced stocks & when to buy when others are selling, maximizes one's profits.
There is nothing worse than being fully invested when the market collapses & there are bargains galore but no cash with which to take advantage.
CBA Price at posting:
$142.99 Sentiment: Sell Disclosure: Held
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