I bet you I can't ;-). A reversion to the mean performance is almost sure to kick in. Nevertheless I still think I can retain a 2 percentage point return on the 5 year bond rate over the business cycle. I think an 8% return over 20years is achievable for RBD shareholders. Ironically one of the best methods for boosting my returns could be to sell down my holding and in so doing reduce my average purchase price.
SNOOPY
Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7
Sometimes a better return on capital is trumped by a lesser return and retaining capital, but then I'm just getting conservative and sceptical in my old age.
BRICKS yesterday went on a mystery adventure tour and ended up at Levin KFC which can report has the the base floor poured that is all but on the same block is a small Pizza hut outlet so all is not lost the pub we where going to
The hungry ox next to KFC had close down for good and ended up in Levin RSA at back of KFC but the dinner closes @ 1.00pm
but they feed us for FREE.. O,O what a TOUR...
Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
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