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Achieving wealth through shares...how?
A recent research report on LICs for those interested: http://www.wamfunds.com.au/WAM/media/WAMMedia/LIC%20Research/Baillieu-Holst-LIC-Report-April-15.pdf?ext=.pdf- austini
- Post #157
- Forum: Coffee Lounge
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Achieving wealth through shares...how?
Not really other than long term investing through index funds such as popularised by Bogle. Honestly unless you want to trade or perform your own stock analysis (very time consuming and most underperform the indicies or much worse) contrary to popular opinion too much reading may only confuse...- austini
- Post #150
- Forum: Coffee Lounge
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Achieving wealth through shares...how?
ETF's and LIC's (choose well) are both great passive investments. Trouble is that a number of newer ones may not survive given the small size of the Australian investor base. Hence I tend to favour older/big and boring for a larger part of the portfolio. I do own a couple of ETFs but LICs...- austini
- Post #141
- Forum: Coffee Lounge