Listed Investment companies

  1. 125 Posts.
    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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