Actually, it can drop or blow up it doesn't matter.. As long there is yield...
Same like in properties... I buy them not for capital growth but for yield..... I put in little money let my employees pay off my loan for me... but little that I know.... those Sh!t properties that I bought also increase in price.. I was like wtf... the yield doesn't match up so Sell a few and invest in shares....
The ultimate in Capitalism... Dig money in Market to buy properties when cheap.... Sell Properties when expensive and return to Stock... and Dig again...
@ this price if they can at least keep up with the $0.23 dividend Gross 0.23/0.7 / 3.83
it's like 8.5% dividend Gross..
Plus Using puts to buy.. so my yield is about just over 10%.....
Plus lower overall portfolio cost to .... haha I haven calculate after todays trade... but from memory is $3.7x
It's a slow journey in Shares, I know there is plenty of opportunities to have over 20% return every year... but I am tired after 15 years in this Sh!t Market... Keeping up with 20% return takes way way too much effort....... and the volatility in "income" can be sh!tty..
I would be happy with 10~15% returns now more time for me to do other things.... and for price of FMG like this I am more than willing to take the risk...
If it drops more... I would find more money to buy more of this DOG.....
- Forums
- ASX - By Stock
- FMG
- Iron ore price
Iron ore price, page-7624
-
- There are more pages in this discussion • 46,107 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
|
|||||
Last
$18.21 |
Change
0.050(0.28%) |
Mkt cap ! $56.03B |
Open | High | Low | Value | Volume |
$18.22 | $18.26 | $18.13 | $29.07M | 1.582M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 4233 | $18.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.21 | 2847 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 3403 | 18.210 |
26 | 15498 | 18.200 |
21 | 17651 | 18.190 |
20 | 13090 | 18.180 |
12 | 8328 | 18.170 |
Price($) | Vol. | No. |
---|---|---|
18.220 | 7837 | 22 |
18.230 | 13635 | 19 |
18.240 | 11828 | 18 |
18.250 | 19129 | 21 |
18.260 | 12479 | 9 |
Last trade - 10.56am 14/08/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Steven Gourlay, Managing Director and CEO
Steven Gourlay
Managing Director and CEO
SPONSORED BY The Market Online