It is a great trading stock and also a good stock to test an investors’ mettle.
Long term holders and investors have you ever wondered how Warren Buffet got to be so successful? WB and Charlie Munger hold companies (not stocks not shares) for decades without flinching even though their holdings drop by 60 or 70 per cent.
If you can’t even take a small pelting, you’ve got no chance being an investment god =)
People say what WB and CM do are easy, just buy good businesses with no debt and hold. If it were that easy, there would be thousands of billionaire investors all over the country by now. No, investing isn’t easy. Trading is easy, investing? Not so much. Very few individuals can stomach volatility and that is a fact.
If one rides this volatility for 5 years or a decade, then capital gains and dividends would be eye popping. Time in the market boys, not timing the market.
It is a great trading stock and also a good stock to test an...
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Last
$4.66 |
Change
-0.060(1.27%) |
Mkt cap ! $467.6M | |||
| Open | High | Low | Value | Volume |
| $4.69 | $4.74 | $4.63 | $1.753M | 374.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3234 | $4.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.68 | 2080 | 1 |
View Market Depth
| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| KGN (ASX) Chart |