A savings account ALWAYS gives you returns? But even that's unsafe till if there is bank theft or worse yet a bank run involved.
So nothing is safe, whoever made these words: "defense stock" and "defensive sector" gets shot I hope because that's as stupid as saying Jennifer Hawkins is fat.
Woolworths is not defensive, its fallen from $35 to $25 - Stereotype proven wrong.
Infrastructure is not defensive, trusts and vehicles have been hammered - Stereotype proven wrong.
BHP/Rio are certainly not defensive stocks, they correct 30% and surge 50% in any month, - Stereotype proven wrong.
There's no such thing as safe or defensive in the stock market, only safer.
That's my rant.
safe as houses, page-2
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Last
$123.37 |
Change
-0.900(0.72%) |
Mkt cap ! $45.96B | |||
| Open | High | Low | Value | Volume |
| $124.20 | $124.43 | $123.26 | $37.49M | 301.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 164 | $123.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $123.38 | 93 | 6 |
View Market Depth
| Last trade - 13.36pm 05/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |