Hi. I bought CBA at 28 18 months ago, but have been selling parcels of it on the way up to where it is now. What I have left is is pure profit, that is, the average cost price for the CBA shares is zero, because I've sold all the capital that I put in, cash wise, and kept what was left in profit. The same applies to my RIO shares.
It's touchy either way. CBA could quite easily be back into the 20s before we know it. Or it could stay where it now for the next 3 years.
Thanks for pepping me up a little mate.
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