Club Mulgoa

Monday, April 11, 2016

SYD vs CBA

I bought CBA when it floated, topped up with DRP and then boosted when my SBN shares (bought when SBN floated) were taken over by CBA.  Hence CBA became my biggest single parcel in my super fund portfolio.  Not anymore with the recent fall in bank shares.

The equity that has taken over is SYD...  Both these stocks pay good dividends!

My father would tell you to buy stocks that pay good dividends, CONSISTENTLY.  Of course, you jettison any stock that pays 'dividend' out of a loan/debt.  I would add that you buy stocks that pay good dividends with a monopoly...

0 Comments:

Post a Comment

<< Home