^ this is my point about slicing and dicing into small portions.
The legendary Wellington Fund has returned 8.23% per annum since 1929-2013.
60-70% stocks 40-30% bonds. This gives you an idea of the kind of return you might expect over the long term.
Just on the fund manager risk with Vanguard - every fund is it's own seperate legal entity, owned by the unit holders, Vanguard is only the appointed manager.
There is plenty of info and discussion on this online if you are concerned about manager risk....no issue with mixing it up with the other index providers if you like.
I note that Vanguard AU has a bit of a tilt towards Australian entities in their diversified funds, this is probably due to franking. Something to bear in mind depending on your tax situation (is this for super? If so franking credits rule..go long Australian high yield )
The legendary Wellington Fund has returned 8.23% per annum since 1929-2013.
60-70% stocks 40-30% bonds. This gives you an idea of the kind of return you might expect over the long term.
Just on the fund manager risk with Vanguard - every fund is it's own seperate legal entity, owned by the unit holders, Vanguard is only the appointed manager.
There is plenty of info and discussion on this online if you are concerned about manager risk....no issue with mixing it up with the other index providers if you like.
I note that Vanguard AU has a bit of a tilt towards Australian entities in their diversified funds, this is probably due to franking. Something to bear in mind depending on your tax situation (is this for super? If so franking credits rule..go long Australian high yield )