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01/10/24
07:38
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Originally posted by JUSTBOB:
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The problem is you have not taken advantage of the increased price. You are deluding yourself. You are making 3.43% on the current price. That is what the investment is currently making. Had you sold & invested elsewhere with, say an LIC (listed investment company) you could be making on your original investment of $60 per share, not $4.65 as with CBA, but if you sold now @ $135.39 & invested with, say WMI @ $1.54 per share paying 10.5c per annum in dividends, you would receive $9.23, nearly twice your current return. The above is just an example of the futility of not taking advantage of the high CBA price & thinking you are making money on your cost price instead of the current price.
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But most on here would realise a large capital gain and may not have a way to reduce.