MFG magellan financial group limited

Hey kimbo consider this before you start calling people lucky...

  1. 309 Posts.
    Hey kimbo consider this before you start calling people lucky and dumb:

    Black swan has held since $2.00 and collected close to 100% of his outlay in fully franked dividends throughout his holding period. Whats more he has ridden the stock for a 10 fold increase and is yet to pay any tax on his gain. And if he does decide to take some profit he gets a 50% discount because he's held if for over a year.

    You on the other hand trade in imbecilic intervals and then get buried by capital gains tax at your full marginal tax rate (that's assuming you manage to get in and out with a profit).

    Who's the dummy here?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$8.49
Change
0.000(0.00%)
Mkt cap ! $1.461B
Open High Low Value Volume
$8.50 $8.67 $8.48 $3.088M 361.0K

Buyers (Bids)

No. Vol. Price($)
1 1950 $8.48
 

Sellers (Offers)

Price($) Vol. No.
$8.59 5048 2
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.