Hey mate,
before I begin, this in foremost NOT investment advice and just my thoughts/past experiences
Firstly, congrats on your wealth generation wealth so far!
Secondly, its good that you want to diversify and using funds to do so. Have thought of using ETF's as well?
I recommend reading the below:
http://thewealthguy.com.au/managed-funds-index-funds-etf/
http://thewealthguy.com.au/what-is-asset-allocation-investing/
It will provide a general sense on what everything you need to know to start dabbling.
Thirdly, if you are still unsure I would recommend seeing a financial adviser who can guide you through the process such as risk profiles etc...
Forth, there has been a lot of talk of ETFs being better than LIC's as they are more tax effective/lower fees. ETFs that mimic the ASX and other indexes around the world are often use. There are even bond like ETF's as well.
- Forums
- ASX - By Stock
- Investment help
Hey mate, before I begin, this in foremost NOT investment advice...
-
- There are more pages in this discussion • 103 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WAM (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.63 |
Change
0.005(0.31%) |
Mkt cap ! $1.809B |
Open | High | Low | Value | Volume |
$1.62 | $1.63 | $1.61 | $1.646M | 1.016M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 54234 | $1.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.63 | 73359 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 54234 | 1.620 |
7 | 113710 | 1.615 |
27 | 255873 | 1.610 |
8 | 145154 | 1.605 |
46 | 655566 | 1.600 |
Price($) | Vol. | No. |
---|---|---|
1.625 | 73359 | 1 |
1.630 | 287125 | 18 |
1.635 | 228694 | 13 |
1.640 | 133962 | 13 |
1.645 | 147346 | 5 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
Featured News
WAM (ASX) Chart |