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By buying an index fund, you can roughly match the market return with ease. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. Just take a look at Flight Centre Travel Group Limited (ASX:FLT), which is up 86%, over three years, soundly beating the market return of 41% (not including dividends).
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.
Check...
>>> Read more: Investing in Flight Centre Travel Group (ASX:FLT) three years ago would have delivered you a 107% gain
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.
Check...
>>> Read more: Investing in Flight Centre Travel Group (ASX:FLT) three years ago would have delivered you a 107% gain
