LICs need a genuine raison d’etre

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  1. 82.0k
    Posts

    https://www.firstlinks.com.au/five-rules-lics-genuine-raison-detre

    DYOR

    i disagree , i am more likely to buy a LIC ( especially if discounted to NTA ) than an ETF in the current market ( although i keep glancing at MNRS )

    IF the market plummets into the ( XJO= ) 5xxx region THEN i will be looking carefully at certain pre-selected ETFs

    PS i hold PL8 and several other LICs including GOW , SOL , SVW and WES ( because the last 4 have evolved into investment shells )

  2. 82.0k
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    LMI Monthly Update August 2021

    https://livewire-production.s3.ap-southeast-2.amazonaws.com/6224287k2uk97ngccptzq8q06b18?response-content-disposition=inline%3B%20filename%3D%22LMI%20Monthly%20Update_August%202021.pdf%22%3B%20filename%2A%3DUTF-8%27%27LMI%2520Monthly%2520Update_August%25202021.pdf&response-content-type=application%2Fpdf&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIASCPAAXDTRM6KKVO6%2F20210901%2Fap-southeast-2%2Fs3%2Faws4_request&X-Amz-Date=20210901T113112Z&X-Amz-Expires=300&X-Amz-SignedHeaders=host&X-Amz-Security-Token=IQoJb3JpZ2luX2VjELL%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEaDmFwLXNvdXRoZWFzdC0yIkcwRQIhAIcqXWf11Ynn5tWJUqXL4EU2vEUck9P%2B3O6%2FNUY7Xf8NAiBSJJN%2FrrerrtzEW1TDre4mGQlYCu9c%2BmW1IH8SimBRRiqNBAjr%2F%2F%2F%2F%2F%2F%2F%2F%2F%2F8BEAQaDDE0Mjc0MDYwMTA2MyIMMfl4aIKfA%2FZjg7pbKuEDC8emXyKKBwXtJcXBKi8ywNrqYI3EPH4rRhMMN4eWItvx76MNOKQAK1yW5iXSDbEdlZ%2F1QgH9nOnoK0F0DFxH5Y5ON4T%2Bdo300vv%2FgSwTIykjTcJO5tMCdx802vJZDyUfNJvbrF9G9GSijRk1TzZbT%2F8K%2FWO6WPOSRyor5Ns%2FSkgLsQ%2Bp4PujyxrbzVkUZEO%2FGbWoFvs%2B2x0g9v%2FbvrgCme%2BTBsAt2uNfznkDO2zbhh0m%2B28YCdhhjBFDQ3TtX0mJg4AGXFH4nYxJli0Z9i%2Fyyg%2FUqaxeWjcNbS61ZDEXLBzwSliLMPULdX1p3xIBeWkXeEX31hVNvneCh8KkqW5%2FnYKV38sTqzXMm%2FqHg0U7tYgK6vnY5SS%2FVktNcTE8iHAAPCNR9VjK4o%2F2zPl4W0g0rvQpHclJM0QQfrld1m2DIJUe2CTxhp7XMDTZJcJI2gtoHIVVUh31iSGeasF2HdNRClX5qinWbg0pubap88w3bPMSKbchiCNaO7VlEB8hNUHQ%2BfEQefEtBAejWR7cKN4TmdQQcT2WjgkkO1%2FAxPF5IW0PhF1cqEdBg3YPHeOqHoFnu8vNnQbKBdrvzWbnyCt8O4bNvVoUpGmJSVB4n5KY4GzrFZ82gtxVUoTBSZX58sDfITC3nb2JBjqlAZv59Xi2NXE6mCAWQIKeKTSQzN%2FEbXtoJgYenpiz6BMnm9%2Fjnht2oWy8ec5VrlTEzmWVI3qzEYflIhBJzWQWnTQfKuhK50pQpCh9T5M1PrKGi6W%2BpaDltL1FivQiSCT4EDjAWAN1JXxuJhYO6VAte%2FTm3RW9Q6pnD%2BCQubvBX%2Bse%2BARcK2OwYYpjR9xUm68lApz7%2Be1H5IdrC%2BMnXEPkE6O%2BkgHZXQ%3D%3D&X-Amz-Signature=c70220336aff89cfee3cbaa8cc5bc1393151a90e9be6b842534fa6e89bcfc76a

    long link but it works

    enjoy all you LIC fans

    DYOR

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