MEZ News: Meridian Energy's (NZSE:MEL) investors will be pleased with their respectable 39% return over the la - 3rd Feb 2025, 7:02am

[annb0t]

By buying an index fund, investors can approximate the average market return. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. Just take a look at Meridian Energy Limited (NZSE:MEL), which is up 23%, over three years, soundly beating the market decline of 8.1% (not including dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 11% in the last year, including dividends.

So let...

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