LIC & LIT Listed Investment Companies (LICs) Q1 2018

Discussion in 'Shares & Funds' started by The Falcon, 1st Jan, 2018.

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  1. kierank

    kierank Well-Known Member

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    I coughed up the $15,000. It looks like the buy price will be less than $7.98
     
    kierank, 26th Mar, 2018
    #901
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  2. tvadera

    tvadera Well-Known Member

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    Picked up BKI on Friday
     
    tvadera, 26th Mar, 2018
    #902
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  3. Ouga

    Ouga Well-Known Member

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    "Trying is the first step towards failure" Homer
    I have gone with VGS too, just easier.
    Also I like the "all in one" developped market product.
    It's good.
     
    Ouga, 26th Mar, 2018
    #903
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  4. Daydreamer

    Daydreamer Well-Known Member

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    I'm trying to decide whether to BPay to participate in Argo SPP. Given the lower share prices last couple of days, is it better to just buy at this price through ordinary trade rather than via SPP (the volume-weighted averaged price over 5 days)?
     
    Daydreamer, 26th Mar, 2018
    #904
  5. orangestreet

    orangestreet Well-Known Member

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    Same. $15K each for both my DT and SMSF.
     
    orangestreet, 26th Mar, 2018
    #905
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  6. trinity168

    trinity168 Well-Known Member

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    VGS - recent volatility may present good buying

    upload_2018-3-26_21-56-1.png
     
    trinity168, 26th Mar, 2018
    #906
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  7. Anthony Brew

    Anthony Brew Well-Known Member

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    Anyone know a site where I can see a history of yield as it changes each day - ie current dividend as a percentage of whatever the share price was on that particular day, shown over multiple past years?
     
    Anthony Brew, 26th Mar, 2018
    #907
  8. Redwing

    Redwing Well-Known Member

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    Nice entry point, roughly what it was back in August 2013
     
    Redwing, 27th Mar, 2018
    #908
  9. tvadera

    tvadera Well-Known Member

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    Yes accumulating whenever I can
     
    tvadera, 27th Mar, 2018
    #909
  10. monk

    monk Well-Known Member

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    Yesterday I forked out for the ARG spp & also topped up some BKI at $1.57,think I'll go do some work today & stay away from the computer.
     
    monk, 27th Mar, 2018
    #910
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  11. Greedo

    Greedo Well-Known Member

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    Like the way you think. I bought both of those on Thursday. My very first LIC purchases. The journey begins!
     
    Greedo, 27th Mar, 2018
    #911
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  12. PKFFW

    PKFFW Well-Known Member

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    Ok, I'm 64 pages into the 2016 LIC thread and I have a few questions. All but one can wait until I've finished the 2016, 2017 and 2018 threads.

    One thing is driving me crazy though.........

    Why do so many people, including professional writers and journalists, refer to "an LIC" when writing?

    Why "an"? I just don't get it!!!

    "An" is used before a word starting with a vowel and in some very specific cases, before a word starting with a vowel sound. "LIC" doesn't fit either category. Neither does "Listed".

    Call me a grammar Nazi if you will and I admit, guilty as charged. It comes from having a mother whose entire career was devoted to language.

    Is there something I'm missing? Is there a reason? Or should I just grit my teeth and ignore it?

    :)
     
    PKFFW, 27th Mar, 2018
    #912
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  13. monk

    monk Well-Known Member

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    According to the Cambridge Dictionary a/an can be used before a noun.
     
    monk, 27th Mar, 2018
    #913
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  14. Hodor

    Hodor Well-Known Member

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    Because the letter "L" is pronounced with a vowel sound. El-eye-see. Though lick is common in conversation.

    I'm sure this was covered. You haven't been skipping the homebrew tips as well have you? :mad:
     
    Hodor, 27th Mar, 2018
    #914
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  15. Harry30

    Harry30 Well-Known Member

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    Very good point. Didn’t think of that.
     
    Harry30, 27th Mar, 2018
    #915
  16. PKFFW

    PKFFW Well-Known Member

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    Well yes but LIC isn't really a vowel either.

    Some also suggest an can be used interchangeably with a but that's a minority view.
     
    PKFFW, 27th Mar, 2018
    #916
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  17. PKFFW

    PKFFW Well-Known Member

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    That's it I think. I see LIC and think "lick" but if you pronounce each letter it would commence with a vowel sound.

    And, whilst it's not home brew, I have enjoyed one or two Irish whiskeys this evening so that might be what finally prompted me to post. :D
     
    PKFFW, 27th Mar, 2018
    #917
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  18. KayTea

    KayTea Well-Known Member

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    I went through a similar discussion a few years ago regarding superannuation. We worked out that it seems to depend on,when reading, the whole words or the acronym will be used.

    We say "a" self managed superannuation fund, but "an" SMSF. But that doesn't always work, either (try it with SCUBA-related references).

    The English language is nuts!
     
    KayTea, 27th Mar, 2018
    #918
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  19. Nodrog

    Nodrog Well-Known Member

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    “An” is short for “anal”, get used to it:).
     
    Nodrog, 27th Mar, 2018
    #919
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  20. jprops

    jprops Well-Known Member

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    Yep. Same for an SQL server. If you pronounce it as the acronym, use "an", otherwise it doesn't roll of the tongue as well.
     
    jprops, 28th Mar, 2018
    #920
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