Three senior government Ministers have been rushing to sell shareholdings in private companies to avoid being in breach of Prime Minister Anthony Albanese’s new ministerial code of conduct.
At 18 times earnings and a fully franked dividend yield of just 3.9%, CBA shares look downright expensive, especially given the 'challenging times' ahead.
Using listed or unlisted funds for yield, and reviewing portfolio asset allocations to ensure sufficient diversification, is a better strategy than picking stocks.