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27/05/15
04:43
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Originally posted by Wulfgaran
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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.
Regards
Wulf
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Something to consider and research is WAM Capital Ltd - a listed LIC.
They have a good track record and pay a good dividend.
No minimum investment required since they are listed shares not a managed fund.
I subscribe to Marcus Today and he likes them.