if you have a million in cash you will get 2.5% - 3% p/a return - if you want to go all in and buy the bank rather than put you money in it you could buy a million $$ worth of CBA and get closer to 7% return but they went from $80 to $25 in the GFC so risk to your capital increases even with a blue chip bank stock
Super funds returning average of 10% p/a over a decade are doing better than 90% of day traders with relative low risk given the diversity.
investors who went all in A2M at $2 or lower have indeed won lotto but these stocks can and do suffer from Black Swans as the roller coaster chart below shows.
The recovery from $3.50 seemed very unlikely at the time !
Chart update, page-7942
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Last
$6.14 |
Change
-0.220(3.46%) |
Mkt cap ! $4.445B | |||
| Open | High | Low | Value | Volume |
| $6.30 | $6.33 | $6.12 | $14.77M | 2.391M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17044 | $6.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.17 | 3624 | 2 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |