retail ( on-market ) or wholesale ??I didn't buy any more A200. My total stock holdings are still very skewed to Australian stocks, so I will only be adding to A200 slowly.
On market.retail ( on-market ) or wholesale ??
fair enough , several of my ETF selections in the early days were DRPed so div. frequency made a difference to meOn market.
I'm not too fussed over the frequency of distributions. More interested in long term capital gains.
the sliding market in 2011 and March 2020 were both a big help for meIt may not be realised at the time but investors make the most money in a bear market. No it isn't via jumping in and out or selecting this or that particular share. A good market decline is an opportunity. Give me another tech wreck time, GFC or a re-run of 1987.
You could always buy hedged versions of international share ETFs (like Vanguard's VGAD) if you're worried about the A$ rising. Management fees are slightly higher (e.g. 0.21% for VGAD vs 0.18% for VGS).The last 6 months have been a tough time for LIC share prices. Many LICs are now trading below their asset values, some by a decent amount.
I've paused my ETF purchases and having a closer look at LICs at the moment.
Added some OPH at 10% below current asset value. Looking closely at adding some WGB. Its NTA figure for 31 October should be out in a week.
I'm also starting to get a little more cautious with international exposure. I'm wondering if the A$ has found a floor and might start reverting to norm.
indeed it has been a while since i last added an ETF ( a new one or to an existing holding )The last 6 months have been a tough time for LIC share prices. Many LICs are now trading below their asset values, some by a decent amount.
I've paused my ETF purchases and having a closer look at LICs at the moment.
Added some OPH at 10% below current asset value. Looking closely at adding some WGB. Its NTA figure for 31 October should be out in a week.
I'm also starting to get a little more cautious with international exposure. I'm wondering if the A$ has found a floor and might start reverting to norm.
True.You could always buy hedged versions of international share ETFs (like Vanguard's VGAD) if you're worried about the A$ rising. Management fees are slightly higher (e.g. 0.21% for VGAD vs 0.18% for VGS).
I've just come back from a holiday in India.i strongly prefer Asia/India
issues , indeed ,I've just come back from a holiday in India.
That country has a lot of issues. Many more than China (where I lived for quite a few years).
I think you will have to be very patient to ever get good returns from investing in India.
I've paused my ETF purchases and having a closer look at LICs at the moment.
Quite a few LICs currently trading a discount to NAV. I can't see a reason to add to an ASX tracking ETF at this time with discounts on offer from LICs.
I saw on another thread that @Belli recently topped up ARG at a 6% discount.
I've recently added DJW. I'm not after the higher yield that DJW is meant to provide, but the 11% discount is very appealing.
Another that is looking attractive is OPH. It's a managed fund, rather than a LIC, and has a fairly hefty management fee, but gives access to some smaller companies and has been trading with a discount in the teens for some time.
I've recently added DJW. I'm not after the higher yield that DJW is meant to provide, but the 11% discount is very appealing.
my unofficial and very subjective sentiment monitor has had small cap LIC MIR holding it's own to the NTA, while large cap focused AFI has been losing ground.When the market is going up, LICs are not generally liked and can trade at a discount to NTA. When the market is going down the opposite can apply. Value v Growth orientation thang [sic], especially when a "smoother" dividend income is involved.
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