you so onto the failings of the mainstream financial system CC
what I dont quite get is that Akamai, the Content Delivery Network that failed is only supposed to be caching , so if it goes down shouldnt the original source deliver instead? Sure it might be a lot slower, but it still should work - I would have thought.
Hey buddy,
I'm not quite sure how it all works but it's no good...
Seemed the networks were only compromised for a few hours... still though...
I hold HGH, WBC and ANZ, in that order of weighting. Overall, probably accounts for about 9% of my portfolio. As BP mentions, ANZ particularly seems quite cyclical, which is where increased return can be achieved - although obviously over the last year they have all had great buying opportunities. They were 3 of the few stocks I didn't bail on last year. I could have done better if I had, but made good top ups along the way. Happy to hold all 3.
I have held both ANZ and Heartland since 2012. According to Sharesight the return from HGH/HBL has been considerably higher.
If the Australian government ever dismantles the four pillars policy, things could become a bit more dynamic for the mature Australian banks.
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