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Australian Foundation Investment Company on Lateline

 
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Old 29-07-2008, 09:43 AM   #1 (permalink)
Sim
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Australian Foundation Investment Company on Lateline

Lateline Business - 28/07/2008: Ross Barker joins Lateline Business

Quote:
It is not a great time to be an institutional investor, but the Australian Foundation Investment Company says its annual profit rose 60 per cent in 2008. AFIC's managing director Ross Barker joined Lateline Business to discuss the turbulence on the markets.
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This is a general comment only and does not constitute advice. Before making financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
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Old 29-07-2008, 04:37 PM   #2 (permalink)
austini
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Thanks Sim,

I don't know why I continue to put money into these older LICs Just so boring what with yet another profitable year, consistently increasing dividends and never having to worry about the company going bust

Cheers - Gordon
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Old 29-07-2008, 05:08 PM   #3 (permalink)
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Originally Posted by austini View Post
I don't know why I continue to put money into these older LICs Just so boring what with yet another profitable year, consistently increasing dividends and never having to worry about the company going bust
Yeah yeah - enough gloating okay ?
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