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Advice needed for begginer

Discussion in 'Investing Strategies' started by FryBoy, 18th Oct, 2007.

  1. FryBoy

    FryBoy Member

    Joined:
    17th Sep, 2007
    Posts:
    7
    Location:
    Sydney
    Hi All,
    As you may have read in my first post, I am new to investing..
    I was going to put a small amount of cash (our first investment amount) into buying shares in LPT's... However I recently was having a look at the Members Equity ME Managed Investement funds. Their Property Fund has a 5 year performance of 14.05% ... There is no entry or exit fee, the MER per annum is only 1.44% and transaction cost of only 0.03% of the amount invested/withdrawn... This seems like a pretty decent option from what I can gather but thought I would ask those of you with a little more experience... What does everyone think?
    Thanks in advance.
     
  2. Simon Hampel

    Simon Hampel Co-founder Staff Member

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    9th Jun, 2005
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    Location:
    Sydney, Australia