ARG 1.00% $9.08 argo investments limited

Hi all,I have been doing a bit of reading lately as I try to...

  1. 89 Posts.
    Hi all,
    I have been doing a bit of reading lately as I try to come up with a strategy to build a long term portfolio. I am only in my 20’s so keen to establish a long term hold strategy as I also don’t have the time (or expertise) to try pick individual stocks that will ‘beat the market’. I have read quite a bit about the Core and Satellite strategy which I think would suit my goals, at this stage focusing solely on building the ‘core’.

    My question relates to everyone’s opinion on LICs verse ETFs. My impression is LICs attempt a stock selection strategy to beat the market which results in an over/underperformance compared to benchmarks whereas ETFs generally trade in line with an index. What are people’s thoughts regarding an ARG (or AFI) v an STW (or similar) being used for this strategy?

    Keen to hear your thoughts.

    Cheers
    Rhys
 
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