AGM 0.00% $1.60 australian governance & ethical index fund

opportunity cost

  1. 14,880 Posts.
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    Folks, nothing wrong with AGM long term. $1.50 is a formality in 2008 but there is a huge opportunity cost in holding this puppy now. It ain't going anywhere in the short term and there are a few gems out there that are ready to rumble. Holding a non-performing stock in limbo is wasting financial resources that could be making money elsewhere.
    Sure you can double your money sometime in 2008 but why not double it in 2007?
    INP: no-brainer to double on fundamentals and/or takeover.
    AVX: Ready to rumble. Big boys have accumulated slowly and now getting ready to buy seriously. Very happy with my strategic purchase at 65c.
 
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Currently unlisted public company.

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