News: CBA UPDATE 1-CBA to launch 'buy now, pay later' option in mid-2021, page-12

grabbed a few more at close today. Realised I was just missing out on 1 extra dividend so I thought “why not top up to get a few more”. With the biannual dividend, and my average buy price of $61. This will be a beautiful little performer over the next 10 years.
And as my capital slowly grows, I will seek to double my margin loan in the next year or two.
And as I’ve done so well over the decades, just wait patiently until a major pull back, and as I’ve always done, increase all my holdings through the low and on the way out.
Coupled with injecting just a small sum of cash every fortnight, it paves the way for some phenomenal wealth creation.
Should be just about right to retire in 7-10 years, not too many can achieve that before the ripe age of 50.
For those out there chasing pennies trying for the end game tomorrow, just remember a long end game is just as good too.
Although I have a few pennies, if one goes mental, than chalk me up for retirement at 45.

DRP partnered with margin lending is a sweet sweet thing. I enjoy a free $5k-$10k tax return every year, and that is for free courtesy of imputation & deductions. DRP is the easy life of the investor

For all the young investors out there pay attention to this strategy, for those that have young kids with cash in term deposit - also consider doing this. It’s important to start early and be patient, after 5-10 years you really start to understand the power of this beast.

As always seek qualified financial advice. I’m just an ordinary mug with no quals but I’ve got some redeemable features. Yeah baby.