QUOTE(HereToLearn @ Aug 26 2020, 09:45 PM)
Tbh, you are right
NOW because banks are hit hard now.
I cant win you in this argument, because u choose the timeframe.
But if you let me choose the time frame, I will pick 2009-2011, then I win? from both capital gain and dividend
If I pick the peak at 26 JUly 2013 (RM 10.7) and peak at 8 May 2018 (RM 10.7), then I win? from dividend
U pick a fight that u will win, of course u will win
Let's look at the assumption you can buy at the lowest in 2013.... which should be around 8.90 in Jan 2013.
Purchase Jan 2013. Price RM8.90
Dividend received since = 0.33 + 0.535 + 0.57 + 0.54 + 0.52 + 0.55 + 0.57 + 0.64 = 4.255
Price today = 7.46
Current *loss* (Sorry 'paper loss' is still loss lol) = 7.46 - 8.90 = 1.44
Total dividend = 4.255
Therefore TOTAL current gain = 2.815
That's about just a CAGR gain of 3.5% for 8 years.
Yup it's a win but that's a 8 years of investing ... is it worth it? is it the best investment for your money?
>>>>>
If bought at peak July 2013... 10.70
Earn one less dividend ... ie wouldn't receive the 0.33 dividend.
So total dividend = 3.925
Current loss = 7.46 - 10.7 = 3.24
Therefore TOTAL current gain = 0.685
Yup... still a gain... but barely
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For 2018, we just do the lowest price la...
Purchase June 2018. Price 8.70
Dividend received since = 0.57 + 0.64 = 1.21
Current price = 7.46
Current loss = 7.46 - 8.70 = 1.24
Total dividend = 1.21
TOTAL current LOSS = 0.03
*cough*
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Well? Are you surprised with the results?
Not forgetting the fact I deliberately chose the lowest price of the year.... ie the assumption the investor is so good that he/she is able to buy at the lowest price of the year....