QUOTE(Boon3 @ May 23 2022, 05:05 PM)
LOL!!
I remembered. You were the one I mentioned, where is the meat for Maybank back in 2019.

Anyway, back to the issue of comparison. It's a random 5 year back comparison. And that's what I always do and will continue to do.
Why? Cause it's random and I am not handpicking the prices.
So if say, end Oct, if someone asks me the same thing, the process is still the same.
Open the chart, say Maybank, I will then just the stock I want to compare with. Set the time frame to 5 years.
That's it.
That's my sop for comparison. Randomly as possible.
That's how I do it. So in a sense it's not buta buta buy at whatever prices.
ps.. Dig up my old posting. You will lose money if you simply buta buta buy at wherever prices, despite the dividends. Dividend investing is a fallacy. You cannot simply buta buta buy and pray and hope that the stock market is forgiving.
I remember that.
It was in 2H2019, Maybank has dropped to/below RM9 from high of 10+ in 2018. N I say can start accumulating/average down as I was seeing a recovery.
I think it would have been a decent call, if not for Covid. But then Covid came n price collapsed to a low of RM7.02 (if not mistaken).
Now, even if one doesn't average down/cut loss after the first purchase, let say, average price is RM9.00, one would still be about flat now price wise, and got RM1.49 in dividends total (5 dividends since 2H2019)
It's not a great return, but not horrible, considering one went through covid, , much political uncertainty within that time period.
At least one comply with Buffet Rule 1 of Investing: Not Lose Money.
Averaging down in March 2020 would give much better results.
QUOTE(Boon3 @ May 23 2022, 06:54 PM)
Yup... my 9 sen opinion on this.Â

9 sen..opinion price gone up coz of Inflation? 😆
This post has been edited by Cubalagi: May 24 2022, 09:07 AM