Very slow going atm. Thought I'd start a less serious thread regarding a term I heard bandied about on this forum in the good old days a lot.
I'd heard the term 'Generational Wealth' used quite often. It got me wondering what people's definition of that was. I'd hazard a guess that is why a majority of us (especially the LTHs) are still here.
Obviously everyone is in a different position in life, wants and needs etc...
What does Generational Wealth mean to you? How many shares at current prices would you need to accumulate, and what would they sell for eventually, in order to warrant that title? Or perhaps you don't sell? Maybe IMU becomes a CSL type BP company that continues to grow and pay out dividends? Those shares are then passed on to the next generation.
Not particularly interested in those coming on here to tell me that IMU is a lost cause, management is a bunch of thieves led by criminal mastermind Paul Hopper, LC is sleepy, YF is a con artist etc... I've heard it enough.
We all know the risk. Save your time.
IMU Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)