Hey guys. I've been thinking lately about the next step in my investment strategy, and ETF's seem to be looking good at this stage. I currently am invested only in managed funds, which have declined in value more than 33% since I first invested (almost 1 year ago I think). I have 3 manged funds (1 geared Aus. share fund, 1 Aus. Property fund, and 1 geared global property fund). The original plan was to also add an International share fund, but I've been hesitant to do so due to market conditions and my current track record. Anyway, I've been considering ETF's as my next step. But I'm not sure what I need to consider in setting up a well balanced portfolio. What asset classes should I consider? What sort of split (percentage based) should I be looking at? Initially I thought that shares and property were my only real options, but I've been hearing more about commodities and resources etc... I just want to have a plan before I go buying randomly. I have about $5000 to play with (which was originally going to be used to enter my 4th and final fund). Thanks guys.