Greetings! I won't bore you with all the background info, but basically I'm looking to change my financial/investment plan. I would really appreciate any input you might have. So, here's what I've come up with so far. Goals (long term, lofty, non-specific goals) - To build and maintain my net 'wealth' through accumulation of cash and assets. - To create a stream of passive income to supplement my wages - To not have to worry about money More Specific Goals (slightly) - Build net wealth to $200k in cash and assets (3-5years?) - Create passive income stream of $300 per week (2-3years?) - Buy my own property - Be comfortable enough to still afford to travel Strategy (or lack thereof) - Sell out of all managed funds (good riddance!) (have $45k in funds) - Pool money into high interest/term deposit account (about $60k total) - Contribute as much as possible to build a good cash base (6 months at most. Could save to $75k probably) Buy investment property - $150k. Small apartment near Caulfield University for steady returns, hopefully. - Borrow at 100% if possible and use savings in an offset account to reduce interest repayments. Pay off loan and build savings in offset account simultaneously. ________________________ It's obviously a work in progress. I don't really know much about anything. I don't know how/if I'll be able to buy a property of my own as well. A few extra notes. I'm a bit of a bum. I ride a push bike. I still live my parents. I don't buy nice things. I lead a simple life. I save most of my money. I like to travel and give money to charity. I want enough money to own my own home/car, feed myself, and travel. Any additional money will hopefully go to a good cause one day. I'm smart enough to try and secure my future financially. But not smart enough to do it on my own. I'm not financially motivated enough to dedicate the time it would take to do this on my own. As I have proven in my past failures I was thinking of using 'InvestorsDirect' or a similar company to manage things for me. I don't mind paying for peace of mind and quality management. So, that's about it I think. You guys have all been tremendous over the years offering advice and helping me find my way. I thank you all.!