WAM 0.33% $1.52 wam capital limited

Staying ahead of the retiree Income LIC shakeout, page-23

  1. 2,742 Posts.
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    l think the price movements with some small shares is alarming. equally alarming is the price bonds are now reaching.

    one share holding l have is UMAX - it pays quarterly (% tax free) income. For the first time l am considering converting it now to a cash deposit as the interest rates are getting close, it's a lot safer etc..

    I think personally now is the right time to be in LIC's especially those this use shorts as asset prices start to be reweighted.

    the atmosphere out there is starting to become negative.
 
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