Sincere appologies for any newbie comments i'm about to make.
Currently, i'm studying honours full time and preparing for GAMSAT which i scoming up on the 19th of March. So i've got next to no time on my hands.
I've got about $7k ready to invest, and looking at a period of about 2 years before i'll need some of it. Previously my parents have had it in managed funds (colonial 1st state).
I've searched and read as much as time can allow, and realise that most people here aren't fans of managed funds. For my purpose, however, they seem to be the best option.
Bascially i'm looking for a quick and rough guide on what funds to look at, what stats, etc etc. I'm planning on signing up and managing it through commsec.
I'm not asking "which fund should i choose" (though i wouldn't mind some tips ), just for a quick rundown so i don't spend weeks and weeks trying to understand everything.
Thanks heaps for any help.