Thanks for the information David. I've had a look at affluence...

Thanks for the information David. I've had a look at affluence and can see their strategy of buying LICs at a discount to NTA. I wont be making that same mistake again! I like your idea of holdIng more LICs and trimmIng/adjusting. I'll have to have a looI at some of yhr LICs you have mentIoned. Try and suss out which ones have the lowest fees, best yields and long term prospects for my port folIo as im just starting to build It. Do you hold IndIvidual stocks too?And Luk, those calculations alarm me! 2.5 million?! Jeepers. I think there is zero chance of me ever hitting that figure! I almost choked on my cuppa reading that! And a big thanks from my end too. Lots of good reading on this thread!