I am a brand new investor with about $5k to play with. I am currently in the crazy research stage, and am planning on starting to trade in the new financial year. I am looking to make an additional $2k per year of trades with the ultimate goal of building a long term substantial portfolio. I am 30, and have been flirting with the idea of property investment for some time, which is why I haven't looked seriously into investments until now. I have more cash if I need it, but a) like to have a good buffer for a rainy day, and b) am very conscious that I am green in investment land and don't want to make really big mistakes!
So, my general thoughts or plans at this stage are...
2k into a asx200 etf like STW
1k into something like AFI/ARG
Then the remainder split across 2 industry specific ETFs
My questions, of course acknowledging that I can't get any specific advice, are...
1. Is it worth investing both in an indexed fund like AFI as well as an ETF?
2. Does anyone have any experience with the high dividend ETFs being offered?
3. Is this plan a workable one, or perhaps spreading too thin?
4. I notice that commbank have launched a new platform geared at newbie investors...has anyone got any comments/experience?
Very happy for comments and/or criticisms!