Enough procrastinating. It's now time for action. I'm setting myself a deadline of August 1st to start investing. (Feel free to ban me if I haven't made any progress by then) I'm still confused, and really have little idea of what I'm doing, but I really think this will be the best way for me to learn. Poor analogy time. I guess investing is alot like fighting. You can drill your techniques on a bag and practice all day, but untill you step into the ring, everything is just theory. Then when you do finally enter the ring, that's when the real learning begins. Personal Information: For those who don't know, here's a little background info. I'm 21 years old and work as a personal trainer / gym instructor. My income is very volatile (I just went from about $500pw down to $180 last week, for various reasons). I have $15,000 in savings (currently in the bank earning 7%pa), and no current debts. I still live at home, and don't drink, smoke, or have much of a social life. So my living expenses are minimal. Thoughts: At this stage I'm thinking I should look at managed funds. As they seem to be the easiest way to get my foot in the door. But... I'm not sure how or what to look for in a fund. I am registered at invest-smart, but can't really make sense of anything. I don't know how to pick one fund over another. At the moment, I would like something that is going to be low risk, but income producing. So... if you were in my position, what would you do? This will be my last thread until August 1st, when I will either hang my head in shame and leave or take action. I have already received a ridiculous amount of support from people on this forum, and I don't want to let you guys (or myself) down. Nor do I wish to waste your time. I will keep any further questions I have restricted to this thread. Many thanks. Compleks.