Hey.. I am new to the Forums, and I have found reading them very interesting.. So Thanks! I am 21 and just started working full time. I have around 40k in savings and have just bought into a Managed fund with 1k with a regular investment of 1k per month. The managed fund is Macquaries Small Companies Trust. Is there anything I should look out for? Is my investment strategy ok? I am probably going to leave the 40k in ING as I will probably be using it for an investment property fairly soon. I realized after reading these forums that i should have gotten a discount broker so the fees would be less with Macquarie, but i guess its too late now? Thanks everyone.