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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. For example, Helloworld Travel Limited (ASX:HLO) shareholders have seen the share price rise 63% over three years, well in excess of the market return (36%, not including dividends).
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders ...
>>> Read more: Helloworld Travel (ASX:HLO) shareholders have earned a 21% CAGR over the last three years
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders ...
>>> Read more: Helloworld Travel (ASX:HLO) shareholders have earned a 21% CAGR over the last three years