AYLD ZYAU USTB Interesting chat.

Very informative. Thanks gents. Enjoyed listening to Marc's level of passion on the topic.

Owen, great question regarding tax efficiency. The answer on the other hand was less than satisfactory. I'm guessing Marc was told by his handler's at Global X not to say "Listed Investment Company" in this interview. Compared to Global X's array of speculative "thematic" etf's, my boring LIC's return reliable inflation beating fully franked dividends that are definitely more tax efficient. Saying that tax shouldn't drive investment decisions is misleading. Total returns matters, and tax should be part of that equation. BTW I'm not married to LICs and would certainly consider ETFs for certain applications like investing in the rest of the global market. I just don't appreciate people being religious about ETFs to the extent where they refuse to admit the draw backs of the trust structure.

This was a great episode. One of the best I have seen on this podcast. Thank you.

this was intersting. thanks

Hi, any chance this episode will be posted on your Spotify podcast channel? I would love to listen to it on my way to work!

@RaskFinance

4 ай бұрын

It's all ready to go - thanks for tuning in! open.spotify.com/episode/0M0jv0iI4UjGyupyO58OyT

@Andy-eq5fu

4 ай бұрын

@@RaskFinance Thanks, love it!

how often is a ETF wound up and closed?

@theowenssailingdiary5239

3 ай бұрын

Less often than individual stocks..

He looks 30 and invested in ETFs 20 odd years ago???? I wonder how he stumbled across what and ETF was let alone what investing was at 10 to 15 years old. I knows its possible but in cases like this it is only possible with parents that alread

There should be no need for him to sell down the ETF at retirement and pay capitol gains ect, never sell down the principal live off the dividends!

@DoubtingThomas333

4 ай бұрын

If you have enough to live off the dividends and interest alone... many people don't, so they work with total return and draw down annually. In a best case scenario, you would want to have enough money to live on HISA interest, completely removing yourself from the stock market.

@NoRegertsHere

14 күн бұрын

Depends on the type of ETF. IVV has much lower divided yield

Single stocks for me, efts dont work hard enough for dividends

@pabloarenas5628

4 ай бұрын

You must love paying hundreds in brokerage to achieve the same result..

@DoubtingThomas333

4 ай бұрын

​@pabloarenas5628 but he won't be paying management fees...

@pabloarenas5628

4 ай бұрын

@@DoubtingThomas333 agreed. How I've dealt with this: 1. Only 2 ETFs 2. VAS = 0.07% and IVV 0.04%. Lean and simple... The annual mgmt fees amplify over the years and depending on portfolio value -> which is why I avoid any ETF with >0.10% (which is majority on offer). Its probably one or the other (only stocks or only index etfs) - otherwise your just overlapping....

@NoRegertsHere

14 күн бұрын

@@pabloarenas5628 results may vary. People that put effort in to understanding financial statements of individual companies will outperform an ETF over time. Even mother ship ETF/satellite individual share strategy will outperform ETFs using financial statement interpretation to magnify better companies.

the more i learn from you the more paralysis i gain.........

@user-fyv9y79wv

4 ай бұрын

I think your getting overwhelmed. Read barefoot investor. He's very good for basics and not getting overwhelmed.

At the money call options- what an absolute joke.. How can you even say that with a straight face? Surely these approach zero over time.