idpickering wrote:This from TMF;
However, if you’d had the courage to buy the stock just over three years ago when the commodity market last dropped like a stone, you’d be looking at a gain of around 200%.
https://www.fool.co.uk/investing/2019/0 ... esday-bhp/[/quote]
Or alternatively, if you had bought 7-8 years ago, you'd still be nursing a massive loss. Journalists always pick their dates carefully.
Still, I do agree with them - this is the type of share for which one needs a sanguine attitude to volatility: keep calm and carry on! Or timing the market is just as important than time in the market.
My first buy in 2010, plus a good number of topups have only given me an XIRR of 6.69%. It's OK, but not brilliant - and the dividend is still well below what it was five years ago so it fails on that score. Not one of the fitter HYP shares, I'd say.
A wider point: should we bother with holes in the ground at all? Is it diworsity?
Arb.