Quote:
Originally Posted by dkmc
With LICs - the hard thing is dollar cost averaging as you pay $30 each time to buy
with the wrap you get automatic rebalancing
You can bpay into the cash account - and have it setup so that all money above $4000 gets allocated to shares in the allocation percentages specified
so if the aus market has been down 5% and property 2%
and I transfer money in - it will automatically add to the australian market
and property for very minimal cost - to make my allocation percentages back to what I had them
|
dkmc,
How often do you rebalance? My understanding is that once a year is often considered to avoid excessive CGT, fees and buy/sell split events.
On my wrap I dont rebalance at the moment, but I do take distributions in cash and reallocate them wherever I see fit.
MJK 
|
