Hi Wulf, Personally I think you would be better served investing...

Hi Wulf,

Personally I think you would be better served investing with an active fund manager

Most of the LICs that I have looked at have a lot of average stocks in their portfolios

A good active fund manager only has high quality stocks with good long-term prospects

They also have the ability to hold cash while waiting for opportunities

I would recommend you google up a list of fund managers & compare their recent performance history

One of these managers that is in the media quite often is Roger Montgomery

He has a fund for retail investors starting at $25,000.00

Roger has his own website that you can peruse, see link below

http://rogermontgomery.com/

Cheers Omega