I've been thinking about this lately, and was curious to hear some strategies from other people. Who here has actually thought about their personal investing strategy? Would you mind explaining it briefly? I've only recently began investing, and haven't really thought alot about my long term strategy. At the moment, I have been getting alot of good advice from members on this forum. Using that advice I have opened an account at Colonial First State, and have invested in three managed funds thus far. The short term plan is to open 4 funds, which will give me varied market exposure (Australian property / shares & International property / shares). Each fund will be opened with $5,000. I'm currently saving up some money to open my fourth fund (International Share Fund). Two of the four funds are internally geared. Once I have the funds open, I plan to make contributions spread evenly across these funds whenever I have spare cash available. This is about as far as my planning goes. I guess in the long term I intend to keep the funds, and hopefully have them earn me a nice flow of passive income. I'm not sure what other steps I should be taking once these funds are up and running. Part of me wants to save as much as possible and continue to grow these funds. But I would also like to branch out into some other forms of investing (maybe direct shares, or property, further down the line). Anyway, I'll leave it there for the moment. It would be good to hear what you guys think, if you have any advice. Or if you just want o share your own plans for everyone to learn from. Take care.