Ideally ARG is the kind of stock you want to buy and never sell. The same applies to MLT, CHO, AUI, DUI etc.
Certainly with a few grand to invest, a LIC is a good option because it provides instant diversification at very low cost, with stable and reliable management and regular fully franked dividends, as well as the opportunity to invest off-market (usually at a small discount) through the share purchase plans.
That said, if you're looking to invest for only 1 year, the sharemarket might not be an appropriate place to do so, because the short-term fluctuations in share prices (even in LICs) can mean that you may lose a significant chunk of your capital. Investing over a longer period is certainly a safer bet when it comes to shares.
You may also wish to consider hybrid securities, which fit somewhere between equities and debt securities; these pay a 'dividend' which is effectively an interest payment on money you have loaned to a company; however, the price of these securities can fluctuate like share prices. I hold SEVPC which I still think is an attractive security despite what's going on with Seven at the moment, but others may be able to suggest other hybrids worth considering.
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Ideally ARG is the kind of stock you want to buy and never sell....
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Last
$8.83 |
Change
0.040(0.46%) |
Mkt cap ! $6.815B |
Open | High | Low | Value | Volume |
$8.85 | $8.85 | $8.80 | $585.8K | 66.25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 150 | $8.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.85 | 6868 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 432 | 7.630 |
4 | 6421 | 7.620 |
10 | 28630 | 7.610 |
55 | 111350 | 7.600 |
5 | 2007 | 7.590 |
Price($) | Vol. | No. |
---|---|---|
7.650 | 16007 | 6 |
7.660 | 2220 | 4 |
7.670 | 3205 | 2 |
7.680 | 37046 | 4 |
7.690 | 2000 | 1 |
Last trade - 10.19am 07/11/2024 (20 minute delay) ? |
ARG (ASX) Chart |