What are advantages of investing in lic and etf respectively, Financial Accounting

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What are advantages of investing in lic and etf respectively

Problem

Tom is hesitating about whether he should invest through LIC or ETF. As his financial adviser, you would explain 1) the difference between an ETF and a LIC; 2) what are the advantages and disadvantages of investing in LIC and ETF, respectively.

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Financial Accounting: What are advantages of investing in lic and etf respectively

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Financial Accounting: What are advantages of investing in lic and etf respectively

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