If you find financial acronyms intimidating, the idea of investing in ETFs and LICs may not be high on your list of options. In this article, we explain the difference.
Ted Richards is Digital Strategy and Growth at Wilsons. He was previously Head of Distribution at online investment service Six Park and host of investment podcast The Richards Report. He holds a Bachelor of Commerce, Business Administration and Management from the University of New South Wales and a Masters of Applied Finance. Ted is a former professional athlete (AFL) over a 16-year career with Essendon Bombers and Sydney Swans. He has since transitioned into wealth management with passions in the areas of investment management, fintech and marketing. His strengths are robo-advice, digital marketing and behavioural economics.