Having recently graduated from uni and landed a nice engineering position I've come to the situation where I'm still living at home and have lots of excess money (I know **** situation to be in hey)
The girlfriend and I just brought an investment property, and planning to buy our second one in 12 months time.
I want to put some money towards shares but at the moment I'm not comfortable in investing myself, will maybe do it myself in a year or so.
So I'm thinking about getting a margin loan and investing with a managed fund and then adding say $200 a week to it from my salary.
Now just searching the net there seems to be a plethora of managed funds all touting great returns. Who am I to believe? how do I tell the good ones from the band ones?
For example I was looking at wilsonHTM.