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Passive investing in index funds can generate returns that roughly match the overall market. 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 21% higher than it was five years ago, which is more than the market average. In stark contrast, the stock price has actually fallen 1.2% in the last year.
With that in mind, it's worth seeing if the company's u...
>>> Read more: Investing in Australian Foundation Investment (ASX:AFI) five years ago would have delivered you a 43% gain
With that in mind, it's worth seeing if the company's u...
>>> Read more: Investing in Australian Foundation Investment (ASX:AFI) five years ago would have delivered you a 43% gain
