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11-27-2006, 01:39 AM
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| Member Join Date: Oct 2006 Location: Sydney, Australia
Posts: 79
 |  Managed funds?
Hi all, I'm a 31 year old pauper  I haven't been interested in personal finance up until I found my new religion of personal development approx 2 years ago. I've managed to use the debt snowball method and am now debt free. I've been looking at managed funds through my bank.... They tell me that 14%/annum is reasonable, and that I would have to start with $5000 and continually add a set amount each month for 5 years. I could write a book about what I don't know about finances What questions could I ask, and what are your recommendations?
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