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Podcast: Shares for Beginners
Episode:

Tony Kynaston - What's an LIC?
Category: Business
Duration: 00:26:47
Publish Date: 2021-01-15 04:54:58
Description:

LICs are Listed Investment Companies or sometimes referred to as LITs. Tony Kynaston of the QAV Investing Podcast, all-round great guy/investor joined me to explain what kind of beast an LIC is. It's like an ETF but with some very important differences. LICs have been around a lot longer than ETFs. And they can be attractive in their own special way.


Here's a link to the blog post for more information: https://www.sharesforbeginners.com/blog/lics


TONY KYNASTON is a multi-millionaire professional investor. Thanks to the checklist system he developed, the average return on his portfolio over the last 20 years has been 19.5% pa. Tony's knowledge and calm analysis takes the guesswork (and trauma) out of share market investing.


Here are some resources that will help you on your investing path: 

 

Disclosure: The links provided are affiliate links. I will be paid a commission if you use this link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself. 


Shares for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation.


Thanks to Christopher Soulos for music production out of Garlic Breath Studio https://www.facebook.com/GarlicBreathStudio. Remember...

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