Hello I have $5k I'd like to invest every month in an Australian index fund. I don't want to watch it or see what happens to it I just want to set and forget - except for transferring the $5K. I'd just like to look at it in 10 years time and see how much money is in there and then decide my next step. I don't want to use a broker. I'd be happy just logging into Comsec and purchasing each month. Is it cheaper to do it this way or to buy into a managed fund and ask them to do the purchasing each month and pay them fees. Feel free to ask me more questions if that helps get a better answer. And I'm really grateful for any advice. Thanks!