Hello, first post after just reading for a few months.
iam not an experienced investor but have done some reading and research and now seriously thinking I could easily run my own superfund, so any advise or tips from those who run there own fund would be good.
I would like to use a firm like esuperfund to run everything, they are low cost and from reading this forum and other online searches most reviews are very positive, they however donít give advice and you must use there partners for investments and bank account but from what they offer I cant see any problem with this.
I want to keep things simple and use etf investments and take a long term view as I still have about 20 years to retirement so thought if I allocate 50% to shares, 40% to fixed interest and 10% to property, would this be a good suggested mix?, ive really just looked at were super funds invest and simplified it, I will also salary sacrifice and have my employer contributions paid into a bank account and each year buy the percentage allocation to the investments, so for example half will be spent on adding to the share holding etc, I donít want to be trading in and out of the market, iam not experienced at that nor do I think it necessary to achieve a comfortable return, good investments over time even through crisis can average over 8 to 10% a year and if I can get that I will be happy, my current AMP superfund even doing very well the past 12 months has come no were near that.
For shares I thought I would use an index fund (Vanguard ASX 300 etf) and a listed share fund(Argo investments), this will give me a spread over all the top 300 companies.
For cash/fixed interest I will again split this in half, with a 6 month rolling term deposit and an investment in the Vanguard Australian fixed interest index etf.
For property I would invest in a property etf, although I have not decided which one as it looks like most invest in property trusts which I would most likely be holding anyway through the shares etf and Argo so any suggestions here would be good.
Is this doable and in the opinion of those who have run there own funds, outperform the big retail funds?, and lastly any other suggestions as to were to invest?