FNBB, ABSA, STANCHART NOT GOOD FOR 10 YEAR PERIOD HOLDING?

March 31, 2024

NEWGOLD ETF VS TOP 5 PERFORMING STOCKS IN BSE?

Happy Easter holiday! ETFs are the talk of the evening as we look forward to new ETFs being listed this year.

But how much would you have if you invested in the top 5 ,equity shares like FNBB, STANCHART, ABSA, SEFALANA & BIHL from 2010 till now?

Let’s find out

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Equity

2010 price (pula)

2024 price (pula)

% increase

FNBB

2.55

4.64

81.96

STANCHART

9.68

5.50

-43.18

ABSA

5.95

6.46

8.57

SEFALANA

2.90

11.57

298.96

BIHL

11.00

20.16

83.27

NEWGOLD ETF

83.00

272.00

227.71

NEWGOLD ETF beat almost all of them in terms of returns except Sefalana. But still, that is impressive.

But I know this seems like the best days are behind us, but remember better ETFs are coming in 2024 from international markets. That’s why I’m excited about this.

I have been hyping this up since its announcement but the S&P 500 is one of those ETFs to be listed

Even though we missed out on the last run this time we won’t so it’s best to be early.

I’m excited about this because my real aim in getting into the stock market was to hold long-term not short-term and to build long sustainable wealth over time.

So please if you get into this don’t set your mind on short-term gains.