Not sure where to drop this thread, but this seems as good a place as any.
A mate suggested i look at LICs. He mentioned that some trade at a premium or a discount, market cap to assets.
Ive been dabbling in a few stocks and have been hit and miss. Long term id be happy with 10-20% a year and not have to worry about picking duds with my limited knowledge.
I figure these guys are better traders then me.
Who should i give my money too?
Im assuming i should spread it out over a few LICs
Where is a good place to start. Does anyone publish reviews or anything of LICs
How do i compare LICs to each other.
