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If you want to compound wealth in the stock market, you can do so by buying an index fund. But the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, the Australian Foundation Investment Company Limited (ASX:AFI) share price is up 11% in the last five years, slightly above the market return. In comparison, the share price is down 7.1% in a year.
With that in mind, it's worth seeing if the company's underlying fundamentals have been the d...
>>> Read more: Australian Foundation Investment (ASX:AFI) shareholders have earned a 5.9% CAGR over the last five years
With that in mind, it's worth seeing if the company's underlying fundamentals have been the d...
>>> Read more: Australian Foundation Investment (ASX:AFI) shareholders have earned a 5.9% CAGR over the last five years
