CBA 0.20% $115.23 commonwealth bank of australia.

Nice facts and it proves that CBA is in a league of its own but...

  1. 6,099 Posts.
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    Nice facts and it proves that CBA is in a league of its own but immaterial for those that invest long term.

    I know I've always said banks are slow moving investments but not so if you buy it on deep discounted prices. They were in deep discount (not just CBA) during Covid march madness.
    https://hotcopper.com.au/data/attachments/5876/5876797-73c55c816f296f9eae663f7fab710f8d.jpg
    From memory I actually depleted the available funds during the period from all the buying that I bought NAB much later when funds became available.
    https://hotcopper.com.au/data/attachments/5876/5876764-1916da7733a11fa40420a66cbbb16078.jpg

    For me at least I like to be greedy when everyone is fearful, hence the hand over fist buying above. This time around with all time highs in close vicinity. I'm fearful that everyone is greedy.

    Last edited by Exised: 11/01/24
 
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