my answer was a bit too brief.
if you buy a large index say of US shares eg. IVV you know with a high probability that the thing will grow on average of 10% a year. a large index of shares should give a more predictable return. if you buy an individual share it is much harder to estimate a value but it can be done.
some people blindly just buy banks but they have no idea what the sp should be
my answer was a bit too brief.if you buy a large index say of US...
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Last
$27.47 |
Change
0.320(1.18%) |
Mkt cap ! $95.30B | |||
| Open | High | Low | Value | Volume |
| $27.44 | $27.57 | $27.26 | $136.8M | 4.988M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4530 | $27.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.48 | 21670 | 4 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| WBC (ASX) Chart |