Your $1m inheritance is locked for 10 years in one company, which one ?

**Sideshow Bob** · 24-06-2019, 02:38 PM

Originally Posted by 777

Longest share I have held is KIP/KPG 31/3/1997 (22+years)
Bought 18,000@1.10 Cost $19,840.
Value now $28,922
Total dividends received $27,528.

A few cash issues along the way with them.

Equating to <5% annually on a compounding basis??

**Baa_Baa** · 24-06-2019, 02:42 PM

Originally Posted by Sideshow Bob

Equating to <5% annually on a compounding basis??

That's a bit mean spirited, if you were offered 5% compounding (linear) for 22 years, right now, would you take it?

**777** · 24-06-2019, 02:45 PM

Originally Posted by Baa_Baa

That's a bit mean spirited, if you were offered 5% compounding (linear) for 22 years, right now, would you take it?

LOL. I can take it. He could be upset knowing how many I actually hold.

**fungus pudding** · 24-06-2019, 03:09 PM

Originally Posted by Sideshow Bob

Equating to <5% annually on a compounding basis??

But $92000 (or an extra 44k approx.) if dividends reinvested annually at an equal rate. And Allah alone knows what if reinvested on receipt. (quarterly)

**777** · 24-06-2019, 03:14 PM

Originally Posted by fungus pudding

But $92000 (or an extra 44k approx.) if dividends reinvested annually at an equal rate. And Allah alone knows what if reinvested on receipt. (quarterly)

Actually it works out at 4.87% (7.27% gross) with the reinvestment.

Not my best investment but a long way from my worse ones.

**Sideshow Bob** · 24-06-2019, 03:23 PM

Originally Posted by Baa_Baa

That's a bit mean spirited, if you were offered 5% compounding (linear) for 22 years, right now, would you take it?

Apologies I wasn't trying to be mean-spirited. Just trying to gain a little more understanding.

**Sideshow Bob** · 24-06-2019, 03:27 PM

Originally Posted by Baa_Baa

That's a bit mean spirited, if you were offered 5% compounding (linear) for 22 years, right now, would you take it?

But today a 6 month term deposit might be 3%? Back then was about 7-8% - so completely different environments.....

Regardless right now could go buy Argosy at 4.61% yield, and even KPG is 4.32% (after tax).

**Jim** · 24-06-2019, 05:29 PM

I am 63, retired. bought AIA, CEN and MEL since listed. Never sold any of them.

**777** · 24-06-2019, 05:55 PM

Originally Posted by Sideshow Bob

But today a 6 month term deposit might be 3%? Back then was about 7-8% - so completely different environments.....

Regardless right now could go buy Argosy at 4.61% yield, and even KPG is 4.32% (after tax).

I have all the property companies Bob, so I am covered.