If you try to pick the next big thing, you are 99.9% likely to lose the lot if investing on a set and forget basis.
I would put it all into the listed invested company Australian Foundation (AFI), which has been a consistent outperformer over a much longer period than 30 years. Or maybe their stablemate Djerriwarrh (DJW), which has a slightly higher risk profile but pays a better dividend to compensate.
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If you try to pick the next big thing, you are 99.9% likely to...
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Glen Diemar, MD
Glen Diemar
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