Normal
well i buy LICs based on dividend yield ( and their investment focus/style ) so a LIC trading at a 20% discount isn't tempting until the YIELD is attractive AND most of my held LICs 'smooth the divs. ' so you have a fair guide to the divs in the coming two years HOWEVER ETFs trade ( with the help of the market makers ) very close to their NTA ( and the div. payouts can be quite volatile )currently i am trying ( unsuccessfully ) to add to some LICs that focus on small/mid. cap. stocks but SOON if the market keeps sliding , i will be looking an ETFs hoping the share prices will drop quicker than the future div. yields . good luck on your strategy , this is a very uncertain market , maybe you ( and i ) can time it correctly , or near enough
well i buy LICs based on dividend yield ( and their investment focus/style ) so a LIC trading at a 20% discount isn't tempting until the YIELD is attractive AND most of my held LICs 'smooth the divs. ' so you have a fair guide to the divs in the coming two years
HOWEVER ETFs trade ( with the help of the market makers ) very close to their NTA ( and the div. payouts can be quite volatile )
currently i am trying ( unsuccessfully ) to add to some LICs that focus on small/mid. cap. stocks
but SOON if the market keeps sliding , i will be looking an ETFs hoping the share prices will drop quicker than the future div. yields .
good luck on your strategy , this is a very uncertain market , maybe you ( and i ) can time it correctly , or near enough
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