LICs are doomed

About this lesson

Listed Investment Companies (LICs) were once one of the most popular ways to invest in the share market. But times have changed. In this video, I break down: • What LICs are and why they used to dominate • How ETFs have become the superior alternative • Why most LICs underperform simple index ETFs over time • The hidden impact of fees, tax and performance reporting • Why LICs often trade at persistent discounts to their asset value • The incentive problem that keeps those discounts in place At Stockspot, we focus on low-cost, transparent ETFs. Learn more about how we build portfolios here: https://www.stockspot.com.au/how-it-works/ ------------------------------------------- Watch more: Does it pay to invest when everyones fearful? | Hated market rally / https://youtu.be/sU6mXhFtSr4 3 times robots outperform humans [when investing] / https://youtu.be/HjwE8cCnhM4 How much do I need to start investing? / https://youtu.be/-DcLnptnYRQ ------------------------------------------- Read more: LICs vs ETFs: Which is best? / https://blog.stockspot.com.au/compare-lic-vs-etf/ Active ETFs vs passive ETFs: what’s the difference? / https://blog.stockspot.com.au/active-etf/ How fees kill your savings / https://blog.stockspot.com.au/how-fees-kill-your-savings/ ------------------------------------------- Stay updated: Subscribe to our Channels to learn more about intelligent investing and hear Chris’ latest updates: Facebook: https://www.facebook.com/stockspot.com.au/ Instagram: https://www.instagram.com/stockspot/ X: https://x.com/stockspotcomau LinkedIn: https://www.linkedin.com/company/stockspot/ Blog: https://blog.stockspot.com.au Website: https://www.stockspot.com.au/ Website: https://www.stockspot.com.au/ Website: https://www.stockspot.com.au/ ------------------------------------------- Disclaimer: Stockspot Pty Ltd ABN 87 163 214 319 is a licensed Australian Financial Services provider (AFSL 536082) regulated by ASIC. Any advice contained in this video is

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