"my favourite holding period is forever."
Absolutely!
The only time this applies is for well managed placed companies and LIC's in my opinion.
Market mood is a wonderful insight short term and one must not be fooled by this. I guess thats why arg was heavily sold off despite its biggest holding, mqg climbing.
Using leverage in LIC's is important to build wealth. It must be done with respect though; knowing full well of the risks involved. Not only is the above quote relevant but buying into these *quality* businesses is a must at times when the wallet and free cash allows to accumulate more and more and more.... a successful strategy is a consistent one.
"my favourite holding period is forever."Absolutely!The only...
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 (20min delay)
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Last
$9.03 |
Change
0.040(0.44%) |
Mkt cap ! $6.815B | |||
| Open | High | Low | Value | Volume |
| $9.00 | $9.09 | $8.96 | $1.108M | 122.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1654 | $9.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.07 | 500 | 1 |
View Market Depth
| Last trade - 11.17am 25/11/2024 (20 minute delay) ? |
| ARG (ASX) Chart |
