I hope this thread brings in some good discussions. Where am I at, and where do I want to go? This is my brief story. Where am I at? I am 35, married, and with our first child on the way (11 weeks roughly to go!). I have been interested in investing for a number of years now, and got into property in 2001. Since then, I have built a property portfolio of 7 IPs, and our own PPOR. They are a mix of 2br Units, and 3br Houses in Adelaide and Brisbane metro areas. Total estimated value is around $1.5M, and total loans are around the $750K mark - so a nice healthy LVR of around the 50% mark. The entire portfolio costs me around $600/month to maintain the LOC, so this is my personal committment to my property investment portfolio. I am currently in between jobs, living off previous savings, and will be enlisted into the Air Force in June. As I mentioned in a previous thread, I have been 100% focussed on my passion of investing in real estate, both in theory (learning) and in practice (buying the IPs I now own). I have been so focussed on real estate, I have neglected to even consider how managed funds could also assist me on my journey of being financially independant. I guess it is easy to feel comfortable repeating what you already know (buying houses etc.) but uncomfortable in starting something new (investing into managed funds). Where do I want to go? As I mentioned above, my property portfolio is costing me around $600/month - and that is because I have not used any of my personal money to buy any of the IPs. I get 80% LVR loans directly against each property, and the other 20% plus purchase costs come out of my LOC. While it is only a small committment, and one that is easily manageable on even a small salary, I would however like to eliminate this contribution. Thus, I am here on InvestED learning about Managed Funds. My initial goal, is to invest sufficient money into one or more Managed Funds, to achieve an income that firstly covers any debt associated with the investment, but then also to profit at least $600/month to cover my real estate committment. At this stage, I am seriously looking at investing some money into the NavraInvest, as well as CFS Property Fund. I have done a fairly simple calculation as follows; Invested Amount......... $120,000 Assumed Return.......... 15% Loan Interest Rate...... 9% Interest Per Month...... $900 Return Per Month........ $1,500 Profit Per Month...........$600 Profit Per Year.............$7,200 As can be seen, based on a 15% overall return, I would need to invest $120,000 to be able to profit $600/month to achieve my initial goal. Of course I understand that a 15% return cannot be guaranteed, and yes I understand the market rises and falls randomly. Having looked at those two funds, I am confident that over time (yes I have checked the 3month, 1yr, 3yr return specs etc.) this should be achieveable. Once this is achieved, and my property portfolio is neutrally geared overall, I would then like to move on to actually making some serious money from managed funds. I would be interested to get feedback from people with regards to those two funds in question, and whether or not you feel these are appropriate choices - perhaps you have a better idea, please let me know. Well there you go, thats my little store. Feel free to ask whatever questions you want, and nitpick if needbe. If I've gotten something wrong with my figures or you think they're just not going to work, feel free to let me know I would be most interested to hear from people who have comments/suggestions with my goals and strategies. I would also hope this thread sparks others to post their own "where are you at, and where do you want to go" stories for others to also comment on and provide assistance. C'mon folks, lets get into this as I'm sure we can all assist one another in some manner. Andrew.