ANZ 0.55% $29.16 anz group holdings limited

This is brutal, page-87

  1. 166 Posts.
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    I bought $30K before the ex dividend date after it had dropped 6-7% in 2 days.

    I decided to buy another $20K yesterday to average my price down. My current price is $26.56.

    I think the reality is the share price will reach the 30's again at some stage. When that is who knows. If it doesn't and it all goes up in smoke, I think the nation will have more to worry about than having lots of money.

    Until then, I will keep receiving dividends at at some stage I will have received more money in dividends than my capital loss.

    I think we're pretty safe.
 
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