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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 Diversified United Investment Limited (ASX
UI) share price is 14% higher than it was five years ago, which is more than the market average. In stark contrast, the stock price has actually fallen 1.3% in the last year.
Let's take a look at the underlying fundamentals over the longer ter...
>>> Read more: Investing in Diversified United Investment (ASXUI) five years ago would have delivered you a 35% gain
UI) share price is 14% higher than it was five years ago, which is more than the market average. In stark contrast, the stock price has actually fallen 1.3% in the last year.Let's take a look at the underlying fundamentals over the longer ter...
>>> Read more: Investing in Diversified United Investment (ASX
UI) five years ago would have delivered you a 35% gain