I often mention to other investors that looking for opportunities in the LIC sector has been a significant part of my strategy.
A reaction I have had on several occasions from them is to bring up an example of a LIC boasting great performance figures.
Continue reading “LIC IPOs under $50 million. Potential traps and confusing performance reporting.”
The positives of the older, low fee LICs I feel are very well known and covered. I personally think they have been excellent investment products for so many for such a long time. I particularly like the positive influence they have had on investors helping them with the behavioural aspects. i.e. sticking the course and seeing the benefits of compounding, highlighting dividend returns and benefits from not overtrading, including taxation benefits.
Now for the section where I might receive some negative feedback!
Continue reading “The other side to the older, low fee LICs.”
Warning fictional post. There is so much cheap money around I fear that if I don’t include such a warning, some will think this is real and want me to send them the prospectus! Continue reading “AVOID THIS LIC FLOAT IN 2018!”