I believe that sensible investing sometimes means you don’t beat the market.
My preferred LIC (and biggest holding) is Argo, mainly because they have a wide spread of investments, without the uber concentration in the big four domestic banks (particularly, CBA, probably the most expensive domestic bank in the world).
If they underperform an ASX200 ETF or AFI because of this underweight position (and a few others, such as BHP), I’m not going to gripe.
I believe that sensible investing sometimes means you don’t beat...
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Last
$7.37 |
Change
0.030(0.41%) |
Mkt cap ! $9.242B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.40 | $7.33 | $4.616M | 626.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 408 | $7.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.37 | 7880 | 4 |
View Market Depth
| Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
| AFI (ASX) Chart |