Hi Aussie FI people.
I am interested in the diversification of shares. What splits does everyone have? I am looking at getting into vanguard soon and am unsure how i should be spreading the funds. Ideally i would like to have a split of bonds 20% and 80% vanguard Australian shares. but because of the minimum buy i will be limited at the start.
I am looking at the funds as i want to be adding to the investment each month from my income.
minimum buy in is $5k, i am thinking Vanguard High Yield Australian Shares Fund - 100%
The intent would be to add another type of fund at a later stage, as i think there's a minimum of 5K to start any type of fund.
Inspiration and good reading: