Sorry for all the posts..
I've been reading the barefoot investor and the author seems to like LICs.. He mentioned AFIC as one of his suggestions.
So I looked up AFIC and compared it to the Index and saw how the Index is beating this LIC,
So I have a question. Is there any logic in...
I wonder if someone will enlighten me on two issues:
1. Would it be fair to say that there should not really be any difference in the long term growth/SP (in % terms) of an index ETF such as STW and that of a large LIC which invests in ASX 200 companies such as ARG or AFI.
2. Is there...