Hey guys I'm in Australia and am 21 and just got a proper job as a public servant. I'm looking at starting a geared managed fund investment for the next 20 years. Can i get some opinons off the experienced stock investors here? Financial planners are dodgy mostly. Strategy Contributions: $15,000 a year. i will increase my contributions at 3%, the central bank's underlying inflation target. Gearing: 50% of my contribution for the year. i.e 7500 per year. Every 5 years i will borrow or pay back money to equalize the LVR to 30%. I will meet all margin calls within that period. 40% in Vanguard diversified bond fund. (low fees, 60-40 in australian bonds) 60% in Vanguard ASX300 Australian index fund. Fees: 0.75% for the first 50,000 and 0.35% for amts +100k I'm thinking of selling it when i'm around 41. (20 years from now) so is it worth it? i mean will i lose my shirt 20 years from now? oh and i'll try and rebalance every month with my contributions (i.e paying more/less to the fund thats making peanuts). i'll probably undertake a big rebalancing every 6 months or so. should i rebalance longer than 6mths or is 6mths fine?